Adhunik Metaliks Limited

Adhunik Group, the Rs.3,500 crore conglomerate, is one of the fastest growing groups in India. It is engaged in mining, steel, power, and value added steel products, catering to a vast and quality-focused customer base.

With a dependable and committed employees and a strong customer support, the Group has emerged as a steady performer, undeterred even during cyclical fluctuations and unsteadiness of the market. It has grown continuously, backed with strong financial performance.

The Group has steel manufacturing facilities in Orissa and Jharkhand. Besides, it has a chain of value-added products including carbon and alloy steel billets, auto-grade steel rolled products, rounds and flats (4,50,000 TPA), TMT bars and wire rods (1,50,000 TPA), sponge iron (5,10,000 TPA), pig iron (2,31,000 TPA), Ferro alloys products including Ferro manganese, Silico manganese, Ferro silicon (50,000 TPA) and stainless steel products (1,20,000 TPA).

The Group has embarked upon an ambitious expansion plan in the power sector. It is implementing a 540 MW power plant in Jharkhand which is on the verge of completion. The Group has also secured captive coal block for this 540 MW power It has an existing power generation capacity of 64 MW which is being captively consumed.

In the mining sector, it has iron ore and manganese ore mines in Jharkhand and Odisha, respectively. The Group has mining resources including iron ore, coal, manganese ore and lime stone which are the key inputs of production. The Group has also set up 1.2 Million ton Pellet and Beneficiation plant in Jharkhand to utilize the low grade iron ore fines and convert them into value added product Pellet.

Over the years the Group has shown robust operational results and has an excellent track record of growth and profitability.