What we do Shah Metacorp Ltd manufactures and exports stainless steel products including angle bars, bright bars, and flat bars across various grades in India. |
Founded in 1,999 |
Market share A leading manufacturer and exporter of stainless steel long products in India with significant growth in revenue and operational scale. |
Problem solved Provides high-quality stainless steel bars fulfilling industrial and construction demands domestically and internationally. |
Top clients or who we serve Industries requiring stainless steel long products; customers include B2B sectors in manufacturing and construction. |
Key management Mona Viral Shah (Chairperson & Executive Director), Mahendra Deo Dutt Shukla (Executive Director), with experienced independent directors. |
Our journey and innovations Started as a scrap trader, grew by acquiring rolling mills, expanding capacity, and diversifying into stainless steel and agriculture segments. |
Where we operate India with export markets for stainless steel products. |
Top products or what we offer Stainless Steel Equal Angle Bars, Bright Bars, Flat Bars, Hexagonal and Round Corner Squares, RCS, and agricultural products. |
Top brands - |
Raw materials needed Iron and steel billets, scrap metals for manufacturing stainless steel bars. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily from manufacturing and exports, showing strong operational growth and recurring client demand. |
Our industry position Strong player in the stainless steel long product market in India with expanding manufacturing capacity. |
Financial highlights Revenue grew 82% to Rs.1761.6 crores with net profit of Rs. 326 crores in FY 2025, showing robust profitability and operational efficiency. |
Geographical revenue split - |
Order book - |
Whats driving growth Increased demand for stainless steel bars, capacity expansion, diversification into agriculture products, and strategic investments. |
Our future plans Expansion in stainless steel and agriculture sectors, acquisition of subsidiaries, and strengthening export presence. |
Our green promise - |
Our people and values Focus on talent retention, transparency, meritocracy, and safe working conditions with balanced gender diversity on board. |
Key challenges ahead Regulatory compliance, market competition, raw material sourcing, and timely disclosures adherence. |
Interesting facts Successfully increased rolling mill capacity to over 1,00,000 MT per annum since 2005 and formed subsidiaries in agriculture and energy sectors. |
Risks and strategy Addressing regulatory risks with strengthened compliance processes; strategic diversification mitigates market risks. |
