What we do Uni Abex Alloy Products Ltd manufactures and exports high-quality centrifugal and static castings in heat, wear, and corrosion-resistant stainless steel alloys for diverse industries. |
Founded in 1,982 |
Market share Leader in alloy steel castings for decanters and reformer tubes with strong export footprint, including the US and Europe. |
Problem solved Provides critical heat and corrosion-resistant alloy components to enhance durability and performance in oil, gas, petrochemical, and related sectors. |
Top clients or who we serve Serves OEMs in petroleum refineries, steel plants, petrochemical and gas-based industries; predominant B2B focus. |
Key management - |
Our journey and innovations Started production under US collaboration in 1974; Dharwad Greenfield plant in 2014; developed advanced alloys like Thermalloy 64 MR for SMR in 2025. |
Where we operate Operates primarily in India with growing exports to Europe and the United States. |
Top products or what we offer Static and centrifugal castings in heat and corrosion-resistant alloys; key products include decanter castings, reformer tubes, and specialized alloy assemblies. |
Top brands - |
Raw materials needed Specialized stainless steel alloys and corrosion-resistant metals essential for casting production. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily driven by project and order-based sales typical of industrial manufacturing. |
Our industry position Recognized innovator and leading alloy casting manufacturer with a niche in high-performance industrial components. |
Financial highlights FY23-24 revenue: ₹193.09 Cr; net profit: ₹33.57 Cr; reported 11.5% YoY revenue growth and over 90% profit growth. |
Geographical revenue split About 70% revenue from India and 30% from international markets including Europe and the US. |
Order book - |
Whats driving growth Growth fueled by demand in petrochemical, oil and gas sectors, product innovation, and expanding international clientele. |
Our future plans Invest in technology upgrades like ERP deployment and quality management to sustain growth and expand global market reach. |
Our green promise Certified ISO 14001:2015 and ISO 45001:2018; committed to environmental management and safety standards. |
Our people and values A workforce of 92 permanent employees supported by initiatives for healthy work culture and transparent communication. |
Key challenges ahead Risks from geopolitical tensions, market volatility, and material supply uncertainties could affect operational stability. |
Interesting facts First Indian company to develop Thermalloy 64 MR alloy enhancing tube life in steam methane reforming applications. |
Risks and strategy Mitigates risks via robust internal controls, diversified markets, and continuous technology enhancement. |
