Unison Metals Expands Stainless Steel Portfolio, Targets 50% Revenue Growth

Unison Metals Limited has announced a significant expansion of its stainless steel product line through its wholly-owned subsidiary, Chandanpani Limited. The company plans to introduce special grades in the 300 and 400 series family, utilizing existing facilities to broaden its market reach and strengthen its position in the stainless steel industry.

Strategic Expansion

The expansion focuses on producing grades 304 and 316, which are among the most widely used stainless steels known for their excellent corrosion resistance, durability, and versatility. This move is expected to diversify Unison Metals' product offerings and cater to a wide range of industries, including:

Construction
Automotive
Food processing
Oil and gas
Pharmaceuticals
Pump and valve industry
Chemical industries

Technological Edge

Unison Metals' new division is equipped with state-of-the-art melting technology and is led by a team of experienced metallurgists and engineers. This ensures top-tier product quality and efficiency in the production of these special grades.

Financial Projections

The company has provided financial projections following this expansion:

Metric	Projected Increase (YoY)
Topline	Approximately 50%
PAT (Profit After Tax)	Almost 25%

These projections highlight the potential impact Unison Metals expects from the introduction of these special grades in its product portfolio.

Global Market Reach

With the addition of these special grades, Unison Metals aims to expand its presence in the global market. The company is positioning itself to meet international demand for high-quality stainless steel in various engineering applications.

Management Commentary

Unison Metals expressed excitement about this strategic expansion, viewing it as a significant milestone in the company's growth journey. The management looks forward to collaborating with clients and partners in this new venture, emphasizing their commitment to delivering stainless steel solutions that meet high standards.

This expansion demonstrates Unison Metals' proactive approach to market demands and its commitment to strengthening its position in the stainless steel industry. Investors and industry observers may keep a close watch on the company's performance in the coming quarters to see if these projections materialize.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+14.71%	+6.12%	-15.22%	-36.59%	-44.29%	+51.46%

Unison Metals Limited , a key player in the specialty chemicals sector, has announced a significant expansion of its business operations with a new 38,000 MT specialty chemicals unit for sodium silicate production at Dhamat.

Strategic Expansion

The new division marks a strategic move for Unison Metals, demonstrating the company's commitment to innovation and growth in the specialty chemicals sector. The facility, located in Dhamat, is expected to commence commercial production in the future. This expansion is projected to potentially increase the company's specialty chemicals revenue by 250%.

Target Industries

The sodium silicate produced by the new division aims to cater to a wide range of industrial applications, including:

Detergent manufacturing
Paper industry
Food industry
Pharmaceuticals
Rubber industry
Garment industry
Dyes and chemicals
Foundry castings

Financial Performance

Unison Metals has reported strong financial results for the most recent quarter:

Metric	Performance
Revenue	Rs. 108.70 crore (62% Y-o-Y growth)
Net Profit	Rs. 1.31 crore (173% Y-o-Y growth)

These results underscore the company's robust growth trajectory and the potential impact of its expansion strategies.

Subsidiary Developments

The company's subsidiary, Chandanpani Limited, has expanded its product range by adding special stainless steel grades, including the 304 and 316 series. This diversification is expected to contribute to the group's overall growth and market presence.

Strategic Implications

The expansion into sodium silicate production aligns with Unison Metals' long-term growth strategy. This move is expected to strengthen the company's product portfolio and may open new avenues for innovation and collaboration within the specialty chemicals sector.

The Rs. 30 crore investment in the new sodium silicate unit demonstrates Unison Metals' commitment to capitalizing on market opportunities and meeting the demand for specialty chemicals. The impact of this new division on the company's financial performance and market position will likely be observed in the coming years.