Shri Hare-Krishna Sponge Iron Limited — Investor Meet, 01-12-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Shri Hare-Krishna Sponge Iron's H1 FY26 showed a total income of INR 41.03 Cr, EBITDA at INR 7.2 Cr, and a PAT margin of 11.8%. Management expressed confidence in future growth, driven by new projects: a green power plant starting Jan '26, an induction furnace in March '26, and a high alloy casting division (producing import substitutes like tooth points) in June '26. A rolling mill also begins in April/May. These expansions are projected to increase FY27 revenue to INR 160 Cr (60-70% growth over FY25) with margins targeting 13% due to captive power, aiming for a threefold turnover by FY27-28. The company is engaging customers for these value-added offerings.