What we do S.A.L Steel Ltd manufactures sponge iron, ferro alloys, manganese and stainless steel, leveraging captive power generation for cost-effective production near Kandla Port, Gujarat. |
Founded in 2,003 |
Market share A key player in Western India with strategic port proximity and signed long-term raw material tie-ups. |
Problem solved Provides cost-efficient steel inputs and power using waste heat recovery, optimizing energy consumption and raw material sourcing. |
Top clients or who we serve B2B: Supplies raw materials primarily to Shah Alloys Ltd and other steel manufacturers. |
Key management - |
Our journey and innovations Incorporated in 2003; implemented waste heat recovery boilers generating 40 MW captive power to lower production costs. |
Where we operate Operations concentrated in Gujarat, India, with raw material sourced domestically and overseas. |
Top products or what we offer Sponge iron, ferro alloys, manganese steel, stainless steel angel, and captive power generation units. |
Top brands - |
Raw materials needed Iron ore, coal, and ferro chrome for sponge iron and ferro alloy production. |
Raw materials supplier Domestic and overseas suppliers for iron ore and coal; exclusive long-term supplier contracts secured. |
Recurring vs cyclical contribution Revenue is cyclical, impacted by steel industry demand and steel production volumes. |
Our industry position Strategically positioned with captive power advantage, serving as a raw material source for Shah Alloys Ltd. |
Financial highlights FY 2024-25 revenue ₹544.12 cr; net loss ₹6.42 cr; decline from previous year due to production and demand challenges. |
Geographical revenue split 100% revenue derived from India, focusing on domestic steel manufacturing hubs. |
Order book - |
Whats driving growth Captive power cost savings, raw material tie-ups, and proximity to port and customers drive operational efficiency. |
Our future plans No explicit future roadmap disclosed; focus on optimizing production and captive power utilization. |
Our green promise Waste heat recovery reduces energy consumption; no formal sustainability programs detailed. |
Our people and values 282 employees; commitment to compliance, safety, and governance evident in Board and audit practices. |
Key challenges ahead Financial struggles of key client Shah Alloys limits order volume; regulatory fines due to governance compliance issues. |
Interesting facts Power plant generates 40 MW using waste heat recovery boilers, reducing power costs and enabling surplus power sales. |
Risks and strategy Relies heavily on Shah Alloys; mitigating with long-term supplier contracts and captive power advantages. |
