ESL Steel Limited is an Integrated Steel Producer, ESL Steel was incorporated in 2006 as a Public Limited Company with operations in Bokaro, Jharkhand, India.
In June 2018, Vedanta Limited acquired the management control of ESL Steel through the Corporate Insolvency Resolution Process initiated for addressing the resolution of non-performing assets of the Indian banking system.
The company has set up a green field integrated manufacturing facility, which is currently commissioned at a capacity of 2.5 MT per annum.
The facility primarily consists of Sinter Plants, Coke Oven, Blast Furnaces, Oxygen Plant, Basic Oxygen Furnaces, Billet Caster, Wire Rod Mill, Bar Mill, Ductile Iron Pipes Plant and a Power Plant. The Company’s product range includes Pig Iron, Billets, TMT Bars, Wire Rods and Ductile Iron Pipes.
ESL Steel has recently introduced its rebranded product range in the market under three new brands, V-DUCPIPE for Ductile Iron Pipes, V-XEGA for TMT Bars and V-WIRRO for Wire Rods.
ESL Steel has established excellence in every stage of production by bringing international expertise and solutions from reputed manufacturers. ESL Steel registered its business turnaround in less than a year since its acquisition, becoming profitable business in 2019.
Vedanta aims to scale up its steel operations in Bokaro through brownfield expansion and be amongst the top steel producers in the country. It looks forward to expanding horizons and pushing boundaries, both in its existing and future endeavors, and to providing continuous growth, profit and prosperity to all its stakeholders.
Products of ESL Steel:
ESL Steel Plant:
The plant is located in Siyaljori Block, Bokaro District of Jharkhand State. The nearest town Bokaro, on the western side, is 22 kms away from the site.
Image Source: ESL Steel Website
| Name | ESL Steel Limited Unlisted Shares |
|---|---|
| Face Value | Rs.10 |
| ISIN Code | INE481K01021 |
| PAN | AABCE6875H |
| Paticulars | 2020-21 | 2019-20 |
|---|---|---|
| Revenue from Operations | 4,66,804.69 | 4,29,403.99 |
| Sale of Products | 10,338.08 | 8,346.82 |
| Total Revenue from Operations | 4,77,142.77 | 4,37,750.81 |
| Other Income | 12,780.64 | 10,364.45 |
| Profit/(Loss) before tax | 75.48 | 65.89 |
| Cost of Materials Consumed | 2,68,286.00 | 2,82,423.70 |
| Other Expenses | 95,390.24 | 96,848.19 |
| Total Expenses | 4,64,470.58 | 4,50,296.18 |
| Profit/ (loss) before tax | (2,181.42) | (2,180.92) |
| Deferred Tax | (2,75,201.36) | - |
| Profit/ (loss) for the year | 2,73,201.20 | (2,180.92) |
| EPS (In INR) | 14.78 | (0.12) |
*Rates mentioned in the chart are indicative.
Total Number of Outstanding Shares: 1,84,90,30,224 (As per Annual Report FY 2020-21)
Market Cap Scenarios:
At 45 Rs/Share, ESL Steel Shares values the company at approx. Rs. 8,320 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of ESL Steel shares.
At 50 Rs/Share, ESL Steel Shares values the company at approx. Rs. 9,245 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of ESL Steel shares.
At 55 Rs/Share, ESL Steel Shares values the company at approx. Rs. 10,170 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of ESL Steel shares.
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