VBC Ferro Alloys Ltd
VBC

VBC Ferro Alloys Ltd (513005)

₹38.44.96%

Key Stats

₹38.4
Day's Price Range
₹38.4
₹14.8
52-Week Price Range
₹65.7
1 Month Return-29.13 %
3 Month Return40.52 %
1 Year Return36.57 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 23
EPS
Rank 24
BVPS
Rank 25
₹-125.87
Dividend Yield
Rank 10
ROE
Rank 22
Price To Book Ratio
Rank 19
-0.33
Debt To Asset
Rank 3
2.01

Company Information

VBC Ferro Alloys was incorporated on 3 Oct.81 as a public limited company in Andhra Pradesh. Other group companies are VBC Chemicals VBC Finance and Leasing etc. The company manufactures ferro silicon at its plant in the Medak district of Andhra Pradesh. It had a technical collaboration with Elkem Metallurgy Norway for the manufacture of ferro silicon. The company came out with an issue of 2.29 lac 14 PCDs of Rs 350 in Nov.89 to partfinance setting up a project to expand the ferro silicon capacity from 10000 to 15000 tpa and a diversification programme to manufacture 16000 tpa of low phosphorous pig iron with a project cost of Rs 14.78 cr. Its major clients are the integrated steel plants in the public and private sectors ministeel plants and foundries. In 199192 due to the unremunerative market conditions for ferro silicon the company switched over to manufacture highcarbon ferro chrome under a conversion agreement with the TISCO. However the conversion process was not successful due to low capacity utilisation. This factor along with the power cuts made the company incurr losses and it became sick. The company was referred to the BIFR. In 199596 IDBI prepared a rehabilitation package which was approved by the BIFR and agreed by the financial institutions.During 19992000 M/s TUV Germany has awarded the company with ISO 9002 Certificate after exhaustive audit of the companys systems and procedures.
OrganisationVBC Ferro Alloys Ltd
HeadquartersHyderabad
IndustryMining & Mineral products