Mukul Agarwal Holds 2.30% Stake: This Electrodes & Refractories Company Expands Manufacturing Capacity to 156,000 TPA, Targets 250,000 TPA by Year-End
DSIJ Intelligence-2 / 14 Jul 2025/ Categories: Mindshare, Trending
The stock is up by 57.2 per cent from its 52-week low of Rs 219.45 per share.
Monolithisch India Limited (formerly known as Monolithisch India Private Limited) has announced a substantial expansion in its installed manufacturing capacity, marking a key milestone in its strategic growth initiative. The company's production capacity is set to increase from 132,000 Tonnes Per Annum (TPA) to 156,000 TPA, effective July 15, 2025. This initial enhancement is part of a broader phased expansion plan.
The company aims to further increase its capacity to 215,000 TPA around September 15, 2025, and subsequently reach 250,000 TPA by December 31, 2025. This phased increase is designed to meet the growing demand for both its existing product range and its newly launched premium offering, SGB-Limited. The expansion will ensure timely deliveries, improved performance, and consistent quality across both domestic and international markets.
Monolithisch India Limited's ambitious long-term goal is to achieve a net installed capacity of 574,000 TPA, which includes the capacity of its subsidiary, Metalurgica India Private Limited, over a period of time. This expansion strategy is focused on reinforcing the company's leadership in the unshaped refractory materials segment and serving the evolving needs of the secondary steel sector with enhanced scale and efficiency. The company emphasizes that all current and future upgrades are aligned with its commitment to sustainability, operational excellence, and customer-centricity, involving investments in next-generation technology, infrastructure, and talent.
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About the Company
Incorporated in 2018, is a manufacturer and supplier of pre-mixed, high-quality ramming mass. This specialised material serves as a heat insulation and lining refractory consumable primarily for induction furnaces in iron, steel, and foundry plants. The company occasionally engages in trading activities to fulfil urgent customer demands. It is notably certified with several ISO standards, including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, among others, demonstrating its commitment to quality and operational excellence.
The company offers a diverse product portfolio, specialising in various grades of ramming mass like SGB-777, SLM-999, and Quartzite Grain SLM-980, tailored for different furnace sizes and types. Their manufacturing facility, located in Purulia, West Bengal, boasts an aggregate capacity of 1.32 Lac MTPA and spans 3.50 acres. In the fiscal year 2025, the facility's actual production reached 1.2 Lac MT, indicating a capacity utilisation of approximately 90.74 per cent. Monolithisch India Ltd has also acquired additional land for future expansion.
In FY25, the company reported net sales of Rs 97 crore and net profit of Rs 14 crore. The company has a market cap of Rs 736 crore and has delivered good profit growth of 114 per cent CAGR over the last 5 years. The stock is up by 57.2 per cent from its 52-week low of Rs 219.45 per share. The shares of the company have a PE of 52x, an ROE of 53 per cent and an ROCE of 61 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.