Volume doubling in FY27
Management explicitly stated production capacities will 'mostly double' from next quarter onwards, enabled by the reheating furnace completing in Q2 and existing plant refurbishments.
STEEL EXCHANGE INDIA · forward-looking guidance across the available source record.
Guidance tracker
Management explicitly stated production capacities will 'mostly double' from next quarter onwards, enabled by the reheating furnace completing in Q2 and existing plant refurbishments.
Current Q4 EBITDA/tonne of ₹9,500 expected to improve to the ₹10,000 range, with further gains from fixed cost dilution as volumes ramp up.
Finance costs currently at ₹7.5 crore per quarter with debt at ₹274 crore at 12-13%; with ongoing repayments (₹40-50 crore quarterly) and refinancing to sub-10% rates, costs will compress further.
Entered MoU with Andhra Pradesh state government at the Investment Summit for a 1 million tonne green steel plant, with groundbreaking planned at a later stage.