What we do Afloat Enterprises Ltd trades in iron, steel, gold bars & coins, and agricultural commodities across India and abroad, mainly serving corporate clients via a B2B model without inventory holding. |
Founded in 2,015 |
Market share Competes regionally with other metal and commodity traders, focusing on niche products like tin plates and gold trading. |
Problem solved Facilitates efficient supply chain for metals and commodities by acting as a direct intermediary from suppliers to corporate customers, avoiding inventory overhead. |
Top clients or who we serve Primarily corporate clients across industrial sectors in India; operates on B2B basis without direct retail involvement. |
Key management - |
Our journey and innovations Underwent multiple name changes since 2015; listed on BSE SME platform in 2021; expanded product focus to metal and agricultural commodity trading. |
Where we operate India-wide operations with import-export activity noted; listed on BSE SME platform, indicating national reach. |
Top products or what we offer Trading of iron and steel products (tin plates, ETP sheets, TFS, scrap), gold bars & coins, and agricultural commodities like wheat, rice, corn, and oils. |
Top brands - |
Raw materials needed Iron, steel metals, gold products, and agricultural commodities such as wheat, rice, and oils sourced from suppliers. |
Raw materials supplier Sourced from various industrial and agricultural suppliers; direct procurement on order basis without inventory. |
Recurring vs cyclical contribution Revenue depends on order-based trading activities, thus can be cyclical influenced by commodity market demand and supply. |
Our industry position A smaller player competing regionally with larger metal and commodity traders; listed on SME BSE platform. |
Financial highlights FY 2025 revenue approx. Rs. 6.1 crore; net profit Rs. 27 lakh; significant growth over prior year with profit increasing nearly tenfold. |
Geographical revenue split - |
Order book - |
Whats driving growth Growing demand in metals and commodities; strategic fundraising via convertible warrants; expanding trading operations. |
Our future plans Focus on operational improvements and strategic projects to boost growth and profitability; no major capital expenditure noted. |
Our green promise Committed to environmental compliance and promoting safe, clean business practices. |
Our people and values Small employee base prioritizing integrity, safety, and meritocratic culture fostering growth and customer service excellence. |
Key challenges ahead Competition from larger, well-capitalized traders; cyclical commodity markets impact; need for continuous client base expansion. |
Interesting facts Company underwent multiple name changes and expanded focus from real estate to metals and commodities; raised capital through convertible warrants. |
Risks and strategy Market volatility and competition are key risks; mitigated through customer focus, timely procurement, and avoidance of inventory holding. |
