Knest

Knest is a leading provider of advanced aluminium formwork systems for the construction industry. The company serves over 750 clients across eight countries, partnering with major developers such as Larsen & Toubro and Tata Projects. Knest’s solutions emphasize sustainability, efficiency and safety, enabling faster and greener construction.

 Core Products and Services

• Aluminium Formwork Solutions: Engineered for durability, reusability (up to 250 repetitions) and ease of assembly, supporting faster project turnaround and cost efficiency.

• Design and Engineering Services: Custom solutions tailored to client requirements, leveraging advanced proprietary software and a large in-house design team.

• On-Site Training and Support: Comprehensive training for construction teams, ensuring optimal usage and maintenance of formwork systems.

• Technical and Customer Support: Proactive, end-to-end assistance throughout the project lifecycle.

Business Model & Revenue Streams

• Product Sales & Leasing: The bulk of revenue is derived from the sale and lease of aluminium formwork kits to real estate developers and infrastructure companies.

• Service Revenue: Additional income streams include design consultancy, technical support and on-site training.

• Geographic Mix: While the majority of revenue is generated within India, international markets—notably the Middle East—are growing in importance, though specific percentage splits are not publicly disclosed.

• Customer Segmentation: Knest’s clientele is exclusively B2B, with a focus on large enterprise developers and construction firms. The company does not serve individual consumers or SMBs directly.

Top Clients & Partnerships

• Larsen & Toubro (L&T)

• Tata Projects

• Shapoorji Pallonji Engineering & Construction

• ACC Limited

• ATS Infrastructure

• Nyati Group

• Kumar Properties

Future Outlook & Strategic Priorities

• Market Expansion: The company is targeting new geographies, especially in the Middle East and Africa, where demand for sustainable construction solutions is rising.

• Product Innovation: Investments in R&D—such as the integration of VR technology for design and training—aim to enhance product functionality and customer experience.

• Sustainability Leadership: Knest’s mission to eliminate wood usage in construction aligns with global sustainability goals, offering a compelling narrative for environmentally conscious investors.

• M&A and Partnerships: While no specific M&A deals have been announced, the company’s leadership has signaled openness to strategic alliances that accelerate technology adoption or market entry.