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Uttam Galva Steels
Limited is one of the largest manufacturers of cold rolled
steel ("CR") and galvanized steel (GP) in Western
India.
The Company is into the business of procuring hot rolled
steel ("HR") and processing it into CR and further
into GP and Colour Coated Coils. In Galvanized coils it
specializes in making ultra thin sheets, which could be
as low as 0.13mm thickness. The excess capacity of CR
which is not used for galvanizing is converted to value
added grades in Cold Rolled Closed Annealed ("CRCA")
coils, cut to length sheets and also sold as Full Hard
CR in the overseas markets. |
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In the fiscal 2012-2013, it had net revenues
of Rs.59111 millions
( US $ 1087 millions )
and net income of Rs. 616 millions ( US $ 11 millions ).
More than 50% of the Company's products are currently
exported to 132 countries worldwide and it has a
customer base in many advanced markets such as Australia
, France , Germany , Greece , UK and the USA to name a
few. In the Indian market, the Company has established
itself as a major player for the supply of CRCA to manufacturers
of automobiles, white goods, general engineering and drums
& barrels segment. The Company is also a large supplier
of galvanized coils and sheets to the construction industry.
The Company's manufacturing facilities are located at
Khopoli, in the state of Maharashtra, India, which are close to
Nhava Sheva and Mumbai ports. This provides the company with easy access to imports and exports of raw materials and finished good. A close proximity to the ports gives the
Company the advantage of lowering its transportation costs.
The Company's domestic sales are also within the radius
of 500 km from its manufacturing facilities to domestic
companies.
The Company is an ISO 9001 and IATF 16949 certified for both CR and GP/GC. It has also been awarded
the highest exporter award by the Engineering Export Promotion
Council ("EEPC") of India for the past 17 years
in succession.
The Company has expanded and modernized its operations
at Khopoli which have increased its cold rolling capacity
to 1million MT per annum as of March 2010. The Company
has also increased its GP capacity to 750,000 MT per annum
as of March 2010. The Company has also added a new colour
coated line (Uttam Spectrum) with a capacity of 90,000
MT per annum as of March 2010. Due to its high quality
products and brand image in the market, the Company expects
that its increased volumes will be easily absorbed into
the domestic and export markets.
The Company now has an entire range of cold rolling
Reversible
mills
i.e. 20-Hi, 6-Hi, 4-Hi and newly commissioned twin stand 6-Hi mill. It is now in a position
to process HR coils of different grades, thicknesses and
widths and is able to meet virtually the entire thickness/width
range of CR/GP/GC coils for various end-use sectors. A
significant portion of the Company's CR coils and GP/GC, coils/sheets are in the higher value added thin gauge
segment.
The Company believes that the above measures will further
strengthen its position as one of the leading companies
in the CR and GP/GC market. With around 77% of the CR
production being transferred to the GP/GC, the level of
value addition is significantly enhanced. The Company
has always focused on novel and high value-added products.
Its new colour coating line caters to a niche set of consumers.
As part of its modernization program, the Company has
also invested in improving production and overall quality
of its manufacturing processes and finished products and
Intends to increase its production of higher value- added
products. |
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