What we do Nilachal Carbo Metalicks Ltd manufactures Low Ash Metallurgical Coke specialized for top ferro chrome manufacturers in India, producing various grades including Low Phosphorus Nut Coke. |
Founded in 2,003 |
Market share Key supplier of ferro alloy grade coke in India with multiple plants and contract manufacturing capacity totaling 78,000 MTPA. |
Problem solved Provides high-quality metallurgical coke solving the need for low-ash, low-phosphorus coke essential for ferro chrome production. |
Top clients or who we serve Top ferro chrome manufacturers in India; operates B2B model primarily serving metallurgical industries. |
Key management Bibhudatta Panda (Managing Director), Rishiraj Panda (Whole Time Director) |
Our journey and innovations Established first battery in 2003; expanded capacity with 3 batteries at Odisha plant and additional plant at Visakhapatnam; IPO in 2025 for expansion. |
Where we operate India - Odisha and Andhra Pradesh |
Top products or what we offer Low Ash Metallurgical Coke, Low Phosphorus Nut Coke, Ultra Low Phosphorus Nut Coke, High Grade Coke Fines |
Top brands - |
Raw materials needed Coal and raw materials for metallurgical coke production |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mostly from recurring manufacturing and trading contracts. |
Our industry position Emerging leader in metallurgical coke with growing production capacity and strategic partnerships. |
Financial highlights FY 2024-25 revenue Rs 201.5 crore; net profit Rs 14 crore; profitable growth recorded. |
Geographical revenue split Primarily domestic Indian market |
Order book - |
Whats driving growth Increasing demand in ferro chrome sector, capacity expansion, and contract manufacturing partnerships. |
Our future plans Expand manufacturing capacity and strengthen market presence post IPO funding. |
Our green promise - |
Our people and values Focus on employee retention, talent development, and good governance with diverse board and CSR initiatives. |
Key challenges ahead Maintaining quality, managing costs, regulatory compliance, and volatile raw material prices. |
Interesting facts Operates 96 coke ovens across three batteries at one facility and has significant contract manufacturing tie-ups. |
Risks and strategy Mitigating supply chain and market risks through careful planning, contract manufacturing, and board oversight. |
