Adhunik Metaliks Limited 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.