India’s Top 500 Companies 2022

INDIA’S TOP 500 COMPANIES 2022 55 Experts’ View Keeping in mind the current pandemic situation and the ongoing Russia-Ukraine war, what according to you is the outlook for growth of the industry? The pandemic and war-led gradual slowdown of the global economy has had minimal impact on Maithan Alloys. Our deliveries, customer interactions, bottom-line etc have all remained rock-solid- even in these slower times. We have been able to achieve this stability mainly by focusing on enhancing capacity, improving product quality and throughput. We will reinforce our business model through an operational leanness that has strengthened our cost leadership across market cycles. Our 2021-22 results are a testimony to our commitment to success and providing very best ROI. How would you summarize the performance of the ferro-alloys sector in recent years? How has the Company fared vis-à-vis its peers? The global ferro-alloys market is poised to exceed US$74 billion by 2030. 30-40% of the ferro alloys manufactured in India are exported. The Indian market size for Manganese Alloys stands at ~3 million tonnes. MaithanAlloys, with a differentiated business model and a strong product portfolio, enjoys the position of preferred supplier in this competitive market- not only in India but all over the world. Our proactive investments in manufacturing facilities and technologies have helped us retain all our customers while enhancing capacity utilisation (>95%). What is the company’s outlook over the next 3-5 years? Business sustainability is best achieved through controlled growth as opposed to one-off profitability spikes. As I said earlier, our high combined capacity figures have set us up comfortably to aim for higher figures in the near future. Through a sustained focus on enhanced operating efficiency derived from prudent deployment of capital on the one hand and sustained training on the other hand, we plan to reinforce our position as one of the lowest cost sectoral players. Tell us about Maithan Alloy’s Corporate Responsibilities initiatives. Social responsibility is etched in the very fabric of our organization. It is an entire gamut of activities with a primary aim to enrich and empower. Right from water conservation to anti-pollution efforts to health awareness camps; our CSR initiatives aim to elevate the living standards of our communities. By founding 'Sampoorna Academy'- a holistic education school by Maithan Alloys at Neamatpur, West Bengal. We intend to impart education that empowers, uplifts and endures. I think in this way, we are nurturing the future of our country. In the end how is the big picture looking like for Maithan Alloys? At Maithan Alloys, we always look at raising the bar and create more value for our stakeholders. Consistent focus on waste reduction resulting in cost optimization, full capacity utilization and a de-risked business model has resulted in stronger financial performance which in turn has improved shareholder returns over the past few years. The growth in business has generated employment opportunities and stable careers. This sustained investment in our employees has reaped us benefits like a loyal and passionate workforce that works with a singular vision to succeed. Dun & Bradstreet