Incorporated in 2012, A-one Steels India Limited is a backward-integrated steel manufacturer with a diversified product portfolio, offering both long and flat steel products, as well as industrial products used in steel manufacturing.
The company manufactures HR and CR coils from MS billets, which are then converted into HR pipes, CR pipes, and galvanized tubes. It also produces TMT bars from MS billets in long steel products.
The company also manufactures industrial products like met coke and silicon manganese/ferrosilicon, which are sold in the open market. Ferrosilicon is essential in the steel industry for alloying.
The company sources significant green energy compared to peers (Source: CRISIL Report). Its TMT bars, certified as green products by CII, are produced in various sizes at the Gauribidanur and Hindupur plants.
The company relies on a steady power and fuel supply, with power purchase agreements for solar and wind energy (15 to 25 years) to support its manufacturing facilities in Karnataka and Andhra Pradesh.
The company has six manufacturing facilities: five in Karnataka (Gauribidanur, Bellary, Koppal, Chikkantapur) and one in Hindupur, Andhra Pradesh. The company's manufacturing facilities are located near major iron ore sources, within 450 km of ports like Ennore, New Mangalore, and Goa-Mormugao, allowing cost-effective product transportation.
The company products are used in various industries, including construction, infrastructure, power plants, dams, airports, bridges, flyovers, stadiums, highways, marine structures, industrial buildings, and high-rise residential constructions.
The company manufactures sponge iron at its Koppal facility (Vanya Steels) and Bellary Plant. It is setting up a 10 MW power plant with waste heat recovery on 39.29 acres of land.
Products:
Sponge iron: Primarily used in steel manufacturing as a raw material for the production of steel billets and other steel products.
MS billet: Used as raw material for rolling into bars, rods, and other structural steel products.
TMT: Construction and infrastructure for reinforcement in concrete structures.
HR coil: Manufacturing of pipes, tubes, automotive frames, and various industrial equipment.
CR coil: Used in precision instruments, automotive panels, appliances, and other finished goods requiring a smooth surface finish.
As of November 30, 2024, the company had 1,921 employees, including 1,099 permanent and 822 contractual. The sales and marketing team had 59 employees.
Competitive Strengths:
One of the largest backward integrated steel products manufacturers in southern India with a wide product portfolio.
Business operations capitalizing on the strategic location advantage.
Widespread, well-connected distribution network with a presence across multiple channels.
Well-positioned in an industry with high entry barriers to benefit from favorable trends; command in the pricing of products with the ability to control the cost of manufacturing.
Strong brand recall driven by high quality, innovative, and wide range of products.
Leading company in the use of green energy for manufacture of steel products.
