What we do Facor Alloys Ltd manufactures and exports ferro alloys and steel products essential for steel and stainless steel production. It operates primarily in the steel segment. |
Founded in 2,004 |
Market share Largest producer and exporter of ferro alloys in India with significant presence in steel segments. |
Problem solved Supplies critical raw materials for steel manufacturing, addressing demand for high-quality ferro alloys and specialty steels. |
Top clients or who we serve Steel manufacturers and related industries; primarily B2B clientele in domestic and international markets. |
Key management - |
Our journey and innovations Pioneered manganese ore mining and developed indigenous technology for ferro chrome production with multiple submerged arc furnaces since 1981. |
Where we operate Primarily India with exports outside India constituting a smaller revenue portion. |
Top products or what we offer High carbon and low carbon ferro chrome, silico manganese, stainless steel varieties including austenitic and martensitic steels. |
Top brands - |
Raw materials needed Manganese ore, chrome ore, coal, and other inputs for ferro alloy production. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is cyclical, linked to steel sector demand and input cost fluctuations. |
Our industry position Key player in Indian ferro alloys market; strong exporter but facing operational challenges currently. |
Financial highlights FY 2024-25 revenue approx. Rs. 17 lakh with net loss Rs. 50.21 crore due to plant shutdown and operational suspension. |
Geographical revenue split Domestic revenue Rs. 209.9 crore; Exports Rs. 47.4 crore (FY 2021-22 data). |
Order book - |
Whats driving growth Recovery plans, strategic collaborations, and financial restructuring after operational suspension. |
Our future plans Exploring revival via asset monetisation and fresh business models; current manufacturing suspended. |
Our green promise Furnaces equipped with pollution control; environmental compliance maintained. |
Our people and values Dedicated workforce with focus on transparency and accountability; no reported workplace grievances during suspension. |
Key challenges ahead High input costs, intense import competition, operational suspension, financial strain, and overseas subsidiary issues. |
Interesting facts Operates largest submerged arc furnaces in region; received significant arbitral award in legal disputes. |
Risks and strategy Mitigating operational suspension impact via asset monetisation; pursuing legal and financial restructuring. |
