Indian Metals & Ferro Alloys
1,123.00
-36.20(-3.12%)
Market Cap₹6,059.00 Cr
PE Ratio16.95
Company Performance:
1D-3.12%
1M+30.25%
6M+80.31%
1Y+69.24%
5Y+863.70%
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More news about Indian Metals & Ferro Alloys
30Jul 25
IMFA Ltd Reports Q1 Results and Announces Leadership Changes
Indian Metals & Ferro Alloys Limited (IMFA) reported Q1 FY2025-26 results with revenue of ₹641.54 crore and net profit of ₹91.48 crore, both slightly down from the previous year. The company announced the retirement of Mr. Nalini Ranjan Mohanty as Non-Executive Chairman, to be succeeded by Dr. Barada Kanta Mishra. IMFA also reconstituted its Stakeholders Relationship Committee.
30Jul 25
IMFA Reports Strong Q1 Results; Chairman Nalini Ranjan Mohanty Retires, Dr Barada Kanta Mishra Appointed as New Chairman
Indian Metals & Ferro Alloys (IMFA) reported revenue of ₹641.54 crore and net profit of ₹91.48 crore for Q2 2025. The company announced leadership changes with Dr. Barada Kanta Mishra appointed as the new Non-Executive Chairman. The Stakeholders Relationship Committee was reconstituted with new appointments.
23Jul 25
Indian Metals & Ferro Alloys Expands into Aviation Sector with New Subsidiary
Indian Metals & Ferro Alloys Limited (IMFA) has incorporated a wholly-owned subsidiary, Metallix Aviation Private Limited, to enter the aviation sector. The new entity, registered in Odisha, has an authorized capital of Rs. 10.00 crore. IMFA will initially subscribe to 50,00,000 equity shares at Rs. 10 each, investing Rs. 5.00 crore for a 100% stake. This move marks a significant diversification for the ferro alloys manufacturer into aviation-related business activities.
23Jul 25
Indian Metals & Ferro Alloys Expands into Aviation Sector with New Subsidiary
Indian Metals & Ferro Alloys Limited (IMFA) has incorporated a wholly-owned subsidiary, Metallix Aviation Private Limited, marking its entry into the aviation sector. The new company, with an authorized share capital of Rs. 10 crore, was incorporated on July 23, 2025. IMFA will initially invest Rs. 5 crore by subscribing to 50,00,000 equity shares at face value. This strategic move represents a significant diversification for the Odisha-based ferro alloys manufacturer, potentially opening new revenue streams and growth opportunities.
23Jul 25
Indian Metals & Ferro Alloys Incorporates Aviation Subsidiary Metallix Aviation
Indian Metals & Ferro Alloys Limited (IMFA) has incorporated a wholly owned subsidiary, Metallix Aviation Private Limited, in Odisha. The new company has an authorized share capital of Rs. 10.00 crores. IMFA will invest Rs. 5.00 crores for 100% ownership, subscribing to 50 lakh equity shares at Rs. 10.00 each. This move marks IMFA's strategic expansion into the aviation sector.
18Jul 25
IMFA Secures ₹70 Million for Utkal 'C' Coal Mines, Receives Compensation
Indian Metals & Ferro Alloys Limited (IMFA) has secured ₹70.00 million funding for its Utkal 'C' coal mines project. Additionally, the company received ₹7.00 crore as compensation for Mine Infrastructure from the Successful Allottee. These developments provide IMFA with resources for mining operations and demonstrate its ability to monetize assets.
27May 25
Indian Metals & Ferro Alloys Completes Merger with Utkal Coal Ltd, Boosts Authorized Share Capital
Indian Metals & Ferro Alloys (IMFA) has finalized its merger with Utkal Coal Ltd. The amalgamation has increased the authorized share capital of the merged entity from ₹63.50 crore to ₹88.50 crore, representing a ₹25.00 crore boost. This strategic move may enhance IMFA's financial flexibility and position in the metals and ferro alloys sector.
21May 25
Indian Metals & Ferro Alloys Reports 34% Profit Increase in Q4 Despite Revenue Decline
Indian Metals & Ferro Alloys Ltd (IMFA) released Q4 results showing a 34% YoY increase in net profit to ₹47.30 crore, despite a 19% revenue decline to ₹567.20 crore. EBITDA dropped 32.3% to ₹71.00 crore. The company's Kalinganagar expansion project is on track for Q2 FY27 commencement, with an ethanol project planned for Q4 FY26 commissioning.
05Mar 25
Indian Metals and Ferro Alloys Secures Approval for Merger with Utkal Coal
Indian Metals and Ferro Alloys Limited (IMFA) has received approval from the Ministry of Corporate Affairs for the merger of its wholly-owned subsidiary, Utkal Coal Limited, into IMFA. The merger, effective February 28, 2025, aims to streamline operations, reduce costs, and optimize resources. Utkal Coal, originally set up for captive coal mining, lost its purpose after its coal block allocation was cancelled in 2014. The merger will integrate Utkal Coal's assets of ₹221.39 crore and liabilities of ₹226.49 crore into IMFA's balance sheet.
25Feb 25
Indian Metals and Ferro Alloys Secures 40 MW Renewable Power Supply in ₹61.60 Crore Deal
Indian Metals and Ferro Alloys Limited (IMFA) has signed a binding agreement with Ampin Energy Utility One Private Limited for 40 MW of hybrid renewable power. The deal involves a ₹61.60 crore investment for a 16.26% stake in the power producer. The project, combining 58 MW solar and 58 MW wind capacities, is expected to be completed by June 2026. This move aligns with IMFA's sustainability goals and industry trends towards green energy adoption.
Indian Metals & Ferro Alloys
1,123.00
-36.20
(-3.12%)
1 Year Returns:+69.24%
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