Adhunik Metaliks Limited (AML), the flagship
of the Group, has emerged as one of the fastest
growing alloy, special and construction steel
manufacturing companies in the country with
significant presence in the mining and power sectors
through its subsidiaries. It has completed almost
all major capital expenditure for both backward and
forward integration and emerged as an integrated
manufacturer of special steel with downstream
utilization of products.
It has set up an integrated steel plant of 0.45
million ton at Sundergarh, Orissa, with
state-of-the-art technology. The Company's shares
are listed on National Stock Exchange and Bombay
Stock Exchange. It has been allotted a captive iron
ore mine at Keonjhar and captive coal mines at
Talcher and Angul in Orissa. The company has also
started operations and dispatches from it captive
iron ore mines. Complete integration of facilities
and ownership of captive resources will help the
Company insulate itself from any fluctuation in
prices of raw materials along with maintenance of
healthy profitability even in the worst of times.
Over the years, the Company has shown robust
financial growth with consistent profit making.
Within a very short span of time, the products of
the Company have been recognized by major automobile
component manufacturing and automobile companies.
The Company caters to diversified sectors including
automobiles, telecom, power, railways, engineering,
oil & gas and construction.