Madhur steel Unlisted Shares
BUY
₹110.00
SELL
₹130.00
About Madhur steel Unlisted Shares
Madhur Iron and Steel is a key player in India’s structural steel industry. With a strategic location near the Bhilai Steel Plant, the company ensures efficient distribution across western, northern, and central India. Its cost-efficient manufacturing and exclusive certifications make it a trusted supplier for infrastructure projects.
Business Divisions
Structural Steel Products
The company produces angles, channels, flats, and rods, essential for power transmission lines, bridges, buildings, and transportation infrastructure.
Infrastructure & Industrial Supply
Madhur Iron and Steel supplies high-quality steel products for power infrastructure, construction, and the automotive industry, meeting stringent quality standards.
Expansion Initiatives
The company is increasing production capacity, developing a new plant, and diversifying its product line with beams, columns, and round bars to cater to growing industry demands.
Financial Highlights
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Revenue Growth: Increased from ₹193 Cr (2023) to ₹239 Cr (2024), driven by higher demand and market expansion.
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Profitability Boost: PAT doubled from ₹6 Cr to ₹12 Cr, with Net Profit Margin rising from 3.11% to 5.02%.
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Operational Efficiency: EBITDA improved from ₹13 Cr to ₹24 Cr, reflecting better cost management and productivity.
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Stronger Margins: Gross Margins surged from 1.04% to 9.21%, while OPM increased from 6.74% to 10.04%.
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Higher Borrowings: Debt rose from ₹30 Cr to ₹58 Cr, funding expansion and capacity growth.
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Asset Expansion: Fixed Assets grew from ₹8 Cr to ₹14 Cr, supporting infrastructure development.
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Increased Reserves: Reserves climbed from ₹14 Cr to ₹26 Cr, strengthening financial stability.
Pros
- Strong Revenue Growth: Increased demand and expansion led to revenue rising from ₹193 Cr to ₹239 Cr, showcasing business strength and market penetration.
- Higher Profitability: PAT doubled from ₹6 Cr to ₹12 Cr, improving margins and enhancing financial stability for long-term growth.
- Operational Efficiency: EBITDA surged from ₹13 Cr to ₹24 Cr, reflecting better cost management, improved production processes, and optimized resource utilization.
Cons
- Rising Debt: Borrowings increased from ₹30 Cr to ₹58 Cr, which may increase interest costs and financial liabilities.
- Higher Material Costs: Cost of materials grew from ₹191 Cr to ₹217 Cr, potentially affecting profit margins if not controlled.
- Declining Trade Receivables: Dropped from ₹3 Cr to ₹2 Cr, which might indicate tighter credit policies but could also impact sales.
