What we do MSP Steel & Power Limited is an integrated steel manufacturer and power generator in India, producing sponge iron, steel products, and power with a diversified portfolio. |
Founded in 1,968 |
Market share One of India's major steel companies with state-of-the-art facilities and significant presence in steel and power sectors. |
Problem solved Addresses India's industrial growth needs by supplying quality steel products and reliable power generation, supporting infrastructure and construction sectors. |
Top clients or who we serve Serves construction, infrastructure, and industrial sectors primarily in India; operates on a B2B model. |
Key management Saket Agrawal, Managing Director; Manish Agrawal, Joint Managing Director; both provide experienced leadership. |
Our journey and innovations From a single-product unit in 1968 to multi-product integrated steel producer; expanded capacity continuously with captive coal and power plants. |
Where we operate Mainly India with manufacturing in Raigarh, Chhattisgarh; limited export sales outside India. |
Top products or what we offer Sponge iron, TMT bars (under MSP Gold Theremax brand), steel billets, structural steel, power generation products. |
Top brands MSP Gold Theremax TMT bars - recognized in Indian market for quality and strength. |
Raw materials needed Iron ore, coal, manganese ore, and other raw materials for steel production and power generation. |
Raw materials supplier Incl. captive coal block from Madanpur South Coal Company Ltd. and various suppliers from India. |
Recurring vs cyclical contribution Revenue largely cyclical, tied to steel industry demand and commodity price fluctuations. |
Our industry position Among leading steel producers in eastern India with integrated operations, capturing growth in infrastructure buildout. |
Financial highlights FY 2024-25 revenue of Rs 2905 crore with net loss of Rs 28 crore due to tax regime changes; EBITDA improved significantly. |
Geographical revenue split Over 99% revenue from India; minimal international sales. |
Order book - |
Whats driving growth Expansion of capacity, captive coal sourcing, steel demand in infrastructure and construction sectors driving growth. |
Our future plans Focus on capacity optimization, backward integration, and strengthening power generation to support steel operations. |
Our green promise Committed to sustainability with awards in environmental conservation and energy-efficient technologies. |
Our people and values Strong management team, commitment to ethics, safety awards, and workplace inclusivity policies. |
Key challenges ahead Commodity price volatility, regulatory changes, and competition in steel sector. |
Interesting facts Operates captive coal block; recognized as a trusted brand in India's steel market. |
Risks and strategy Mitigates risks through backward integration, diversified product mix, and prudent financial management. |
