Ferro Alloys Corporation Limited logo

Ferro Alloys Corporation Limited

Manufacturer and exporter of ferroalloys for steel and stainless steel production, with global reach.
1955 | Bhadrak, Odisha (India) | Active

Last Updated:

October 04, 2024
HomeCompanyFerro Alloys Corporation Limited

Who are the key members and board of directors at Ferro Alloys Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Sambit SarangiCompany Secretary22-Jan-2021Current
Karan KejriwalCFO01-May-2022Current
Pankaj Sharma InCEO30-Jun-2023Current

Board Members(4)

NameDesignationAppointment DateStatus
Agnivesh Agarwal In Additional Director 05-Sep-2024Current
Narayanaswamy Ramakrishnan In Director 07-Dec-2022Current
Arun Misra In Director 21-Sep-2020Current
Pankaj Sharma In Whole-Time Director and Ceo 30-Jun-2023Current

Financial Performance and Corporate Structure Insights of Ferro Alloys Corporation.

Ferro Alloys Corporation Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.08% decrease. The company also saw a substantial improvement in profitability, with a 15.33% increase in profit. The company's net worth Soared by an impressive increase of 68.47%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-11.08%
Revenue from Operations
-6.55%
Total Assets
48.74%
Profit or Loss
15.33%
Net Worth
68.47%
EBITDA
-50.16%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹175.00 Cr

₹1,691.89 Cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 21 Aug 2023
₹75.00 CrOpen

Others

Creation Date: 20 Apr 2022
₹100.00 CrOpen

Others

Creation Date: 18 Sep 2020
₹286.55 CrSatisfied

How Many Employees Work at Ferro Alloys Corporation?

Ferro Alloys Corporation has a workforce of 135 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on Ferro Alloys Corporation

Recent activity within the organization

  • Director Appointment

    Agnivesh Agarwal was appointed as a Additional Director was appointed as a Additional Director on 05 Sep 2024 & has been associated with this company since 3 months 15 days .

    05 Sep 2024

  • Charges

    A charge registered on 18 Sep 2020 via Charge ID 100380409 with Others was fully satisfied on 22 Aug 2024.

    22 Aug 2024

  • Charges

    A charge registered on 04 May 2009 via Charge ID 10159901 with Bank Of India was fully satisfied on 12 Jul 2024.

    12 Jul 2024

  • Annual General Meeting

    Ferro Alloys Corporation Limited last Annual general meeting of members was held on 28 Jun 2024 as per latest MCA records.

    28 Jun 2024

  • Charges

    A charge registered on 20 Nov 2015 via Charge ID 10606222 with Toplight Corporate Management Private Limited was fully satisfied on 14 Jun 2024.

    14 Jun 2024

  • Balance Sheet

    Ferro Alloys Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Ferro Alloys Corporation Limited was incorporated on 27 Sep 1955.

  • The authorized share capital of Ferro Alloys Corporation Limited is ₹ 480.00 Cr and paid-up capital is ₹ 34.00 Cr.

  • Currently 7 directors are associated with Ferro Alloys Corporation Limited.

    • Agnivesh Agarwal
    • Narayanaswamy Alampallam Ramakrishnan
    • Arun Misra
    • Pankaj Kumar Sharma
    • Sambit Kumar Sarangi
    • Karan Kumar Kejriwal
    • Pankaj Kumar Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ferro Alloys Corporation Limited is D P Nagar Randia, Bhadrak, Orissa, India, 756135.

  • The corporate identification number (CIN) of Ferro Alloys Corporation Limited is U45201OR1955PLC008400 and the company number is 008400 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ferro Alloys Corporation Limited is https://www.facorgroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ferro Alloys Corporation Limited has fallen by -11.08%.

  • As Per 2023 financial reports, 135 employees are currently employed by Ferro Alloys Corporation Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ferro Alloys Corporation Limited has experienced an upsurge of 68.47%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ferro Alloys Corporation Limited amount to ₹ 175.00 Cr.

  • The most recent Balance Sheet for Ferro Alloys Corporation Limited was filed with the ROC on 31 Mar 2024.

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