Key Operational Performance Metrics

  • Sales Volume: 28,372 MT in Q1 FY27 compared to 21,864 MT in Q1 FY26, representing approximately 30% year-on-year growth
  • Revenue: Exceeded ₹193 crore in Q1 FY27, reflecting more than 24% year-on-year growth compared to corresponding quarter of previous financial year
  • TMT Rebar Segment Performance: Sales volumes more than doubled from 8,295 MT in Q1 FY26 to 18,677 MT in Q1 FY27

Product Portfolio and Market Context

The performance was supported by the Company's diversified product portfolio across Stainless Steel products and MS TMT rebars. The TMT rebar segment was a key contributor to volume growth, strengthening the Company's overall product mix and providing greater flexibility to respond to varying demand conditions.

Operating Environment

The Company delivered this growth despite adverse geopolitical conditions, volatile energy costs, and fluctuating demand momentum. Focus on optimizing product mix and expanding market footprint helped mitigate impact of elevated energy costs and softer demand in select sectors.

Company Background and Capacity

  • Headquarters: Ghaziabad, Uttar Pradesh
  • Established: 1971
  • Facility: Modern integrated facility spread across approximately 12.5 acres in NCR region
  • Steel Melting Capacity: Approximately 85,000 tonnes per annum
  • Rolling Capacity: Approximately 200,000 tonnes per annum
  • Product Portfolio: Includes stainless steel wire rods, billets, MS TMT bars
  • Technology: India's only stainless-steel wire rod manufacturer using direct billet charging technology
  • Market Presence: Dealer outlets across several northern states with strong retail footprint

Financial Position (FY26 Reference)

  • Total Income: ₹716.49 crore
  • EBITDA: ₹28.90 crore
  • PAT: ₹12.87 crore
  • Debt Position: Maintains minimal debt

Forward Focus

The Company remains focused on leveraging diversified capabilities to capitalize on emerging opportunities while maintaining disciplined approach to cost management. Specifically focusing on expanding 550D TMT bar segment which has evolving demand from major real estate developers.

Disclaimer Note

The quantitative volume figures mentioned do not include miscellaneous items. The unaudited numbers are subject to review and approval by Audit Committee, Board of Directors, and Statutory Auditors.