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Arcelormittal Nippon Steel India Limited (India)

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing
Full name: Arcelormittal Nippon Steel India Limited Profile Updated: December 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

ArcelorMittal Nippon Steel India Ltd., located in Surat, is a joint venture between ArcelorMittal and Nippon Steel. Established in December 2019 after acquiring Essar Steel, the company is an integrated flat steel manufacturer, producing a wide range of steel grades for various industries such as agriculture, automotive, infrastructure, defense, and energy. Their product portfolio includes hot rolled coils/sheets/plates, cold rolled coils/sheets, galvanized coils/sheets, pre-painted galvanized coils/sheets, and pipelines. The company is committed to sustainability and aims to create "Smarter Steels, Brighter Futures." They prioritize community empowerment, providing employment to over 1.6 lakh individuals and engaging in CSR interventions. They also focus on environmental sustainability, aligning with India's vision to be carbon-neutral by 2070. The company has partnerships with Greenko for renewable power and storage facilities and has signed MoUs with National Small Industries Corporation and National Skill Development Corporation to support the MSME ecosystem in India. Health and safety, as well as research and development, are key priorities for the company. Their registered office is located in Hazira, Surat, Gujarat, and their corporate office is in Mumbai, Maharashtra.

Headquarters
Essar House 11 K.K. Marg Mahalaxmi Mumbai In-Mh In 400034
Mumbai; Maharashtra; Postal Code: 400034

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 01, 1976
Key Executives
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Promoter Director
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Alternate Director
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Alternate Director
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Professional Director
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Professional Director
Ownership Details
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100%
Subsidiaries
Amns Ports Shared Services Private Limited
100%
Amns Power Hazira Limited
100%
Amns Shipping & Logistics Private Limited
100%
Company Performance
Financial values in the chart are available after Arcelormittal Nippon Steel India Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
7.1%
Total operating revenue
5.89%
Operating profit (EBIT)
226.43%
EBITDA
128.39%
Net Profit (Loss) for the Period
171.33%
Total assets
12.95%
Total equity
7.89%
Operating Profit Margin (ROS)
11.25%
Net Profit Margin
7.45%
Return on Equity (ROE)
9.99%
Debt to Equity Ratio
9.47%
Quick Ratio
-0.05%
Cash Ratio
0.01%

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