Motogen Company
Motogen Company Public Joint Stock is a Tabriz-based manufacturer of electric motors, generators and electropumps. Listed on the Tehran Stock Exchange under BOMOTO since 1991, it supplies motors for household appliances, cooling systems, pumps, burners and industrial equipment. The company is relevant to buyers and investors tracking Iran’s electromechanical manufacturing and equipment supply chains.
Market position
An established Iranian producer of electric motors and related electromechanical equipment, with a product range spanning household, cooling, pumping and industrial applications.
Operations & footprint
Products and services
Motogen Company manufactures electric motors and related electromechanical products, including evaporative cooler motors, industrial electric motors, single-phase and three-phase motors, special motors, household-appliance motors, pump motors, ventilation and HVAC motors, cast-iron and aluminum-body motors, and related components for appliance, industrial, water, agricultural, and building-service applications.
Operations and assets
The company operates from Tabriz and manufactures electric motors, generators and electropumps. Its portfolio includes single-phase, three-phase and special motors, as well as motors for coolers, household appliances and gas or diesel burners.
Geographic footprint
Manufacturing operations are based in Tabriz, East Azerbaijan Province. Export markets include neighbouring countries, Africa and Europe.
Ownership & group structure
Ownership
Public joint-stock company. Motogen transitioned from private to public joint-stock status in 1990; its shares have traded on the Tehran Stock Exchange since June 1991.
Reported scale
Employees: 819 employees (2025). Scale note: Net sales revenue growth was 217.06% in Q1 2026. The precise quarter-end date and underlying revenue base are not specified.
Commercial and investment relevance
Motogen is relevant for investors assessing Iran's electromechanical manufacturing base, listed industrial-equipment exposure, appliance and HVAC supply chains, pump and water-equipment inputs, industrial motor demand, and import substitution in core components. It can support analysis of energy-efficiency upgrades, copper and steel input exposure, household appliance cycles, industrial demand, and export potential to regional markets. Due diligence should review updated Codal disclosures, production capacity, product standards, customer concentration, raw-material sourcing, energy costs, export destinations, warranty liabilities, ownership structure, working capital, and exposure to imported electrical components or motor-control technologies. Motogen is a domestic source of motor and pump equipment for OEMs, distributors and equipment builders in household appliances, evaporative cooling, pumping and industrial applications. Its breadth of motor types makes it relevant to procurement across several equipment supply chains.
Constraints, risk & compliance
Key risks and constraints
Demand is tied to appliance, cooling, pumping and industrial-equipment cycles. Product economics also depend on maintaining manufacturing performance across a broad electromechanical range; the supplied financial data show net profit margin declined by 2.99% in 2026 while sales revenue growth increased by 217.06% in Q1 2026.
Need more than a public profile?
Ask Hormuz to investigate, verify or act locally around Motogen Company. Tell us exactly what you need.
Connected Intelligence
Relevant geography, industry, market and execution context for this profile.
Frequently asked questions
Direct answers to the questions most likely to arise when reviewing this profile.
What does Motogen Company manufacture?
Motogen manufactures electric motors, generators and electropumps, including single-phase, three-phase and special motors for cooling, household appliances, pumping, burners and industrial equipment.
Where is Motogen Company based?
Motogen is based in the West Industrial Zone of Tabriz, East Azerbaijan Province, Iran.
Is Motogen listed on the Tehran Stock Exchange?
Yes. Motogen has been listed on the Tehran Stock Exchange since June 1991 under the symbol بموتو (BOMOTO).
Which markets does Motogen serve outside Iran?
Its export markets include neighbouring countries, Africa and Europe.