What we do Quality Foils (India) Ltd manufactures and exports cold rolled stainless steel strips/coils and flexible hose pipes for diverse industrial applications including automotive and heavy engineering. |
Founded in 1,989 |
Market share A key player in the stainless steel cold rolled coils market with a growing export footprint and reputed clientele. |
Problem solved Provides high-quality stainless steel products critical for durable industrial and automotive applications, ensuring reliability and resistance under demanding conditions. |
Top clients or who we serve Serves manufacturers in automotive, petrochemical, steel, power, chemical, and heavy engineering sectors; primarily B2B customers. |
Key management - |
Our journey and innovations Started as a partnership in 1989, became a public limited company by 2022, expanded capacity with modern equipment and introduced flexible hoses in 2008. |
Where we operate Primarily India with significant exports worldwide. |
Top products or what we offer Cold rolled stainless steel coils/strips for tubes, utensils, automotive components; stainless steel flexible hose pipes for hydraulic, steam, gas applications. |
Top brands Quality brand stainless steel products known for premium raw materials from top suppliers like Jindal Stainless. |
Raw materials needed Hot rolled stainless steel coils/strips mainly sourced from Jindal Stainless Hissar Limited. |
Raw materials supplier Jindal Stainless Hissar Limited. |
Recurring vs cyclical contribution Revenue largely cyclical, linked to industrial demand cycles but with steady export orders providing some recurrence. |
Our industry position Leader in India's cold rolled stainless steel segment with strong manufacturing scale and export presence. |
Financial highlights FY 2024-25 revenue ₹348.22 crore, net profit ₹66.76 crore, 19.1% revenue growth and improved EBITDA margin to 36.2%. |
Geographical revenue split - |
Order book - |
Whats driving growth Rising industrial demand, export growth, and investment in enhanced manufacturing capabilities drive steady growth. |
Our future plans Focus on capacity expansion, upgrading equipment, and exploring new industrial sectors for stainless steel products. |
Our green promise - |
Our people and values Committed workforce using advanced technology and processes to maintain quality standards and customer trust. |
Key challenges ahead Inflationary pressures, raw material cost volatility, regulatory compliance, and increasing competition. |
Interesting facts Transitioned from partnership in 1989 to public company in 2022; supplies critical materials to varied heavy industries. |
Risks and strategy Mitigates raw material price risks, maintains quality, explores partnerships, and continually upgrades manufacturing to sustain growth. |