| Ramming Mass and Related Products | High-purity silica ramming mass products for induction furnace linings and refractory applications. | Proprietary technology, patent-protected processes, strong R&D, and global export network. | Primarily B2B clients in steel manufacturing and foundry sectors. | Value-added ramming mass variants and new refractory products introduced recently. | 5605 | 94 | Sales of manufactured refractory materials mainly to steel and foundry industries on B2B basis. | Premium value-based pricing reflecting product customization and performance benefits. | Rising induction furnace capacity and steel production, plus foundry market expansion. | Raghav Silica Ramming Mass |
| Trading Activities | Trading of refractory materials and related products complementing manufactured goods. | | B2B customers in steel and foundry industries. | | 32 | 6 | Trading margins and commissions on material sales. | Standard trading markups and supply agreements. | Supportive segment to core manufacturing with limited growth focus. | |
