What we do Parmeshwar Metal Ltd manufactures oxygen-free copper wire and rods by recycling copper scrap for use in power cables, transformers, automotive, and building industries. |
Founded in 2,016 |
Market share Established player in copper recycling with growing market presence post IPO; expanding production capabilities to meet rising demand. |
Problem solved Provides high-purity copper wire products meeting industrial demands while recycling scrap, addressing raw material scarcity and sustainability. |
Top clients or who we serve B2B suppliers to power cable manufacturers, automotive industry, transformer and building wire sectors. |
Key management Mr. Shantilal Kailashchandra Shah (Managing Director), Mr. Suchitkumar Maheshbhai Patel (Whole-time Director) |
Our journey and innovations Founded in 2016, listed in 2025; expanded capacity by upgrading furnaces and adding wire drawing & rod breakdown machines. |
Where we operate Primarily operated in India with plans to expand manufacturing capacity to meet domestic industrial needs. |
Top products or what we offer Oxygen-free copper wire rods and copper wires used in electrical and automotive applications. |
Top brands - |
Raw materials needed Copper scrap metal from recycling for manufacturing copper wires and rods. |
Raw materials supplier Sourced mainly from domestic copper scrap suppliers and recyclers. |
Recurring vs cyclical contribution Revenue is recurring based on steady industrial demand for copper wire products. |
Our industry position Emerging manufacturer in copper recycling industry with competitive positioning via quality and operational scale. |
Financial highlights FY25 Revenue INR 1382 crore; PAT INR 11 crore, showing strong growth over previous year. |
Geographical revenue split - |
Order book - |
Whats driving growth Rising copper demand in infrastructure, automotive and electrical sectors; capacity expansion; efficient recycling processes. |
Our future plans Renovate furnaces, build industrial sheds, and install wire drawing and rod breakdown machinery to boost capacity. |
Our green promise Focus on recycling copper scrap, reducing raw material waste and environmental impact. |
Our people and values Small workforce focused on skilled operations and continuous improvement; values sustainability and safety. |
Key challenges ahead Rising input costs, furnace maintenance, competitive pressure, and supply chain fluctuations. |
Interesting facts IPO completed in 2025 raising INR 24.74 crore; furnace operates at 1100–1200°C for copper processing. |
Risks and strategy Mitigates operational risks through equipment upgrades and strategic sourcing; focuses on efficiency and product quality. |
