Western Ministil Ltd (WMINIMT) Share Price & Fundamentals

What we do

Western Ministil Ltd, established in 1972, engaged in steel manufacturing primarily producing steel ingots and semi-finished steel products, with operations halted since 1995.

Founded in

1,972

Market share

Operations have been largely non-operational since 1995, resulting in negligible market presence and revenue generation.

Problem solved

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Top clients or who we serve

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Key management

Mr. Prakash Baliram Shewale (Managing Director); Mr. Satish Ramsevak Pandey (Executive Director); Ms. Gayatridevi D. Pandey (Independent Director); Mr. Manoj Choudhary (Independent Director).

Our journey and innovations

Commissioned Phase I Plant at Mulund in 1989-90; subsidiary East Coast Steel Ltd was previously part of the group; plant operations ceased in 1995.

Where we operate

India

Top products or what we offer

Steel ingots and semi-finished steel products, though manufacturing operations ceased post-1995.

Top brands

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Raw materials needed

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Raw materials supplier

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Recurring vs cyclical contribution

No current revenue; historically manufacturing focused, implying cyclical revenue tied to steel demand.

Our industry position

Currently inactive with no significant market share or competitive standing due to halted operations.

Financial highlights

Revenue from operations Nil in FY 2024-25; reported loss of Rs. 32.23 million reflecting ongoing operational standstill.

Geographical revenue split

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Order book

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Whats driving growth

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Our future plans

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Our green promise

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Our people and values

Small leadership team; no active manufacturing employees; dedicated management oversees corporate governance.

Key challenges ahead

Restarting manufacturing operations and overcoming historical operational standstill present major challenges.

Interesting facts

Operations have been at a standstill since 1995, yet the company remains listed with active board and governance.

Risks and strategy

Risks include operational revival and financial losses; strategy emphasizes governance and compliance while exploring future opportunities.