What we do Nagpur Power & Industries Ltd manufactures ferro alloys including High, Medium, and Low Carbon Ferro Manganese and operates electrical and electromechanical divisions producing energy meters and underground cable fault equipment. |
Founded in 1,996 |
Market share Part of Khandelwal Group with notable presence in ferro alloys and electrical products sectors; subsidiary Motwane Manufacturing contributes significantly. |
Problem solved Provides essential ferro alloys for steelmaking and electrical/electromechanical products supporting industrial and utility applications. |
Top clients or who we serve Serves steel manufacturers, industrial clients, utilities; operates in B2B segments. |
Key management - |
Our journey and innovations Founded in 1996, expanded into electrical products via merger with Telemetrics Equipments Pvt Ltd in 2022; diversified product portfolio ever since. |
Where we operate Operations primarily in Maharashtra, India with strong domestic market presence. |
Top products or what we offer High Carbon Ferro Manganese, Silico Manganese alloys, electrical meters, underground cable fault equipment through subsidiary. |
Top brands - |
Raw materials needed Manganese ore, raw materials for electrical meter components, metals for cable equipment. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mix includes cyclical ferroalloy production and more stable electrical/electromechanical products. |
Our industry position Established player in ferroalloys; growing presence in electrical equipment through subsidiary Motwane Manufacturing. |
Financial highlights Consolidated revenue ₹621.75 crore in FY 2024-25; net profit ₹27.5 crore, showing strong turnaround from previous loss year. |
Geographical revenue split Revenue primarily from Indian domestic market. |
Order book - |
Whats driving growth Growth driven by increased sales volume in subsidiary, cost management, operational efficiencies, and product diversification. |
Our future plans Focus on further consolidating electrical and electromechanical divisions, exploring new market opportunities. |
Our green promise - |
Our people and values Committed to good governance, compliance, and workplace safety; no reported harassment complaints in 2024-25. |
Key challenges ahead Managing cyclical ferroalloy market risks and sustaining profitability in competitive electrical products segment. |
Interesting facts Successfully merged two subsidiaries in 2022, enhancing electrical and electromechanical product capabilities. |
Risks and strategy Risks from market cyclicality and raw material availability mitigated by diversification and focus on operational efficiencies. |
