Shri Hare-Krishna Sponge Iron Limited — Investor Meet, 06-12-2025: Analysts/Institutional Investor Meet/Con. Call Updates

SHKSIL met investors to discuss strategic expansion. A new 5MW captive power plant, operational by January 2026, aims to cut power costs from ₹8/unit to ₹4/unit. This efficiency boost enables resuming steel ingot production by March 2026. A high-value castings division, starting May/June 2026, will focus on import substitution products like toothpoints for defense and mining, projected to yield margins over 13%. Management anticipates FY25 peak EBITDA of 18.2% and a threefold increase in turnover by 2028-2029, primarily funded internally. The company emphasizes a 'Make in India' strategy, quality, and cost efficiency, with a confident outlook on growth driven by infrastructure development.