Jainam Ferro Alloys (I) Limited, incorporated in 2014, is engaged in the business of manufacturing ferro alloy metals and has established itself as one of India's leading manufacturers and exporters of niche value-added manganese alloys. The company is classified as a non-government company and is registered at Registrar of Companies, Chhattisgarh, with its registered office located at Plot No. 103 to 113 & 130 to 136/A & 137, Sector-C Urla Industrial Area, Raipur, Chhattisgarh - 492003.
The company operates under the leadership of promoters Mr. Archit Parakh and Mr. Aditya Parakh, with promoter holding standing at 73.47% as of September 2024. The company's shares are listed on NSE SME since October 8, 2021, following a successful public offering that raised ₹19.61 crores.
Jainam Ferro Alloys provides customised manganese alloys to steel companies in India and abroad, positioning itself as a specialized supplier in the ferro alloys segment. The company is currently manufacturing two types of ferro alloys namely, Ferro Manganese (FeMn) and Silico-Manganese (SiMn), which are primarily used in manufacturing of steel and in foundry activities.
- Ferro Manganese (FeMn): This product is primarily an alloy of manganese and iron, containing a high content of manganese and used in steel products wherein silicon content needs to be controlled at low levels. It is mainly used in the production of flat steel, manganese-rich steel, and stainless-steel products.
- Silico-Manganese (SiMn): This product consists of ferro alloys with elevated contents of manganese and silicon.
Beyond steel manufacturing, the company's ferroalloys are also used in the automotive, railway, construction, and various engineering industries, demonstrating the diverse applications of its product portfolio. The company also engages in trading activities, including trading of manganese ore, which is used as a raw material in the manufacturing of ferro alloys.
The company utilizes submerged arc furnaces, which form the basic infrastructure for a ferro alloy industry, ensuring it has the necessary technological foundation for efficient production. This infrastructure enables the company to maintain quality standards and meet the customised requirements of its diverse customer base across domestic and international markets.
As of the latest available data (June 25, 2025), Jainam Ferro Alloys has a market capitalization of ₹314.62 crores. The company has demonstrated solid financial performance with an operating revenue of ₹511.10 crores on a trailing 12-month basis and has achieved an annual revenue growth of 16%.
Recent financial highlights include:
- Revenue: ₹511.10 crores (trailing 12-month basis)
- Profit: ₹10.7 crores (FY25)
- Annual Revenue Growth: 16%
- Pre-tax Margin: 6%
- Return on Equity: 7-13.8% (varies by reporting period)
- Debt-to-Equity Ratio: 1% (indicating a healthy balance sheet)
On May 26, 2025, the company announced the approval of audited FY25 financial results with an unmodified audit opinion and auditor re-appointments, indicating strong governance and financial reporting standards.
The stock has shown strong performance with a 52-week high of ₹281.50 and a 52-week low of ₹140. Key valuation metrics include a P/E ratio of 31.46 and a P/B ratio of 3.00. Over the past 6 months, the share price has increased by 54.34% and in the last one year, it has increased by 51.95%.
The company's financial health is further supported by its almost debt-free status, which provides flexibility for future growth and expansion plans. From a technical standpoint, the stock is comfortably placed above its key moving averages and has recently broken out of a base in its weekly chart.
Jainam Ferro Alloys is focused on manufacturing and exporting manganese alloys as an Indian-based manufacturer of fabricated structural metal products. The company has built a reputation for quality and reliability, with a focus on continually enhancing customers' ability to deliver products that improve the world around us, presenting new avenues for growth in markets worldwide.
The company operates in a sector that serves as a critical input for the steel industry, benefiting from India's growing infrastructure development and industrialization. With its established customer relationships both domestically and internationally, strong financial position, and focus on customised solutions, Jainam Ferro Alloys is well-positioned to capitalize on the growing demand for ferro alloys in various industrial applications.
The management's commitment to operational excellence, combined with the company's debt-free balance sheet and growing market presence, positions it favourably for sustained growth in the ferro alloys sector. As the steel industry continues to expand globally, the company's specialized product offerings and customer-centric approach provide a solid foundation for future performance.
