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Adhunik Metaliks Ltd.

BSE: 532727 | NSE: ADHUNIK | Series: BZ | ISIN: INE400H01019 | SECTOR: Steel - Sponge Iron

BSE Live

Nov 29, 16:00
0.49 -0.02 (-3.92%)
Volume
AVERAGE VOLUME
5-Day
3,426
10-Day
5,067
30-Day
4,257
11,261
  • Prev. Close

    0.51

  • Open Price

    0.51

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

Nov 29, 15:32
0.50 0.00 (0.00%)
Volume
AVERAGE VOLUME
5-Day
26,194
10-Day
19,802
30-Day
13,803
33,015
  • Prev. Close

    0.50

  • Open Price

    0.50

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

Annual Report

For Year :
2014 2012 2011 2010 2008 2007

Chairman's Speech

IT IS A FAVOURABLE TIME TO COMMUNICATE WITH YOU AS WE HAVE THE BENEFIT OF A ROBUST YEAR BEHIND US AND THE PROSPECT OF AN ATTRACTIVE YEAR AHEAD. I say this with deliberation; the fiscal 2006- 07 will be remembered as a turning point in our short history when we not only reported attractive numbers - 75 per cent growth in revenue from Rs. 461.34 crore to Rs. 811.54 crore and 129 per cent rise in PAT from Rs. 33.71 crore to Rs. 77.47 crore - out embarked significantly on projects to enhance them. Permit me to explain this business model in some detail. At Adhunik, we expect to drive our growth through two initiat ves an enhanced focus on value-added niche alloy steel and special steel products as well as a growing mining presence, which we expect will grow our topline, margins, bottomline and shareholder value. At Adhunik, we expect to leverage our medium size in a business progressively marked by scale through a focus on niche and value-added segments. High growth user segments: In an India marked by sophisticated product preference there is a growing need for better steel quality. The nature of these products makes their demand niche, growing and value- added. A number of these products are alloy steel in character (carbon steel), needing to be customised specifically in line with customer applications. Since these products are literally made-to-order, they command higher than average realisations. At Adhunik, we believe that mid-sized steel companies of our kind will be best eguipped to customise niche products, equipped with research on the one hand and a service- driven mindset on the other. We also do believe that however large some steel companies may become, there will always be room for medium-sized value-driven companies with a flexible product mix and production schedule. It is with this precise perspective that we expect to specialise in the areas of carbon steel, forging-grade steel and bearing-grade steel, working closely with reputable downstream customers, catering to the growing needs of Indias automobile, power and engineering segments. interestingly, what I just referred to as Mr. Manoj Agarwal, Managing Director, outline the blueprint for an exciting future Manoj Agarwal Managing Director