Arfin India Ltd

Arfin India Ltd Technicals

Arfin India Ltd Financials

Arfin India Ltd Shareholding Pattern

About Arfin India Ltd

Arfin India Limited was incorporated on 10 April, 1992 as a Public Limited Company. The Company has evolved into a dynamic and diversified manufacturing enterprise, establishing a strong presence across the Aluminium, Ferro Alloys and Power Transmission sectors. The Company is engaged in the business of manufacturing, trading and selling of various non-ferrous metal products since its manufacturing activities are located at Chhatral, Dhanot and Vadaswami industrial areas in the State of Gujarat. The Company possesses an inherent production capacity of 71,000 metric tonnes per annum, supporting a diverse range of main products such as Aluminium Wire Rod, Aluminium Deox, Cored Wire, Aluminium Alloy Ingots, Ferro Titanium, and Conductor & Cables. With the installed capacity of over 71,000 metric tonnes per annum and ongoing investments in automation and new product lines, the Company has strengthened the competitive advantage across the domestic and global markets. The Company added additional capacity of 5,000 metric tons per annum through mechanization of existing machines during the year 2014-15. Cored Wire Mill Plant commissioned in March, 2015. In 2014-15, the company expanded its reach into the steel sector by extending its manufacturing strength to produce cored wire products which was followed by set up of Alloy Ingots Plant during 2015-16 and Ferro Alloys Plant during 2016-17. During 2017-18, the Company started supplying to Power Sector through its Conductor ... Plant. Mahendra Aluminum Company Limited, an erstwhile group company to the Arfin Group got amalgamated with the Company in 2017-18, through the Scheme of Amalgamation from April 01, 2017 and pursuant to the aforesaid Scheme of Amalgamation, the Company allotted 10,90,200 Equity Shares to the shareholders of Mahendra Aluminum Company Limited in the ratio of 92 New Equity Shares of Rs 10/- each of the Company against each 100 existing Equity Shares of Rs 10/- each held by such respective shareholders in Mahendra Aluminium Company Limited. During the year 2020-21, the company started production and sales from its second Aluminum Alloy Ingots Plant, which became operational located at Dhanot, Ghandinagar during the month of December, 2020. The company added 12000 metric tons per annum capacity through addition of this new plant of Alloy Ignots. The Company installed capacity of 15,000 metric tons per annum in the business of aluminium wire rod in 2024. The Company and JFE Shoji India have jointly entered into a Distributorship and Agency Agreement (D&A Agreement), positioning JFE Shoji as the exclusive distributor and agent for two of its flagship product lines - Aluminium Wire Rods and Aluminium Deox, starting April 1, 2024. In 2026, the Company commissioned an advanced Ageing Furnace to enhance Aluminium Alloy Rod Processing capabilities and facilitate the manufacturing of AL-59 and AAAC Conductors. It commissioned Titling Rotary Furnaces (TRF) having the capacity of 10 MT at its Dhanot Plant. It installed two new Induction Furnaces for Ferro Alloy Plant and installed further a Rigaku WD-XRF Testing and Analysis System.

Similar Stocks