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Electrotherm (India) Ltd
Survey No.72,, Palodia (via Thaltej),
Phone: +91 2717660550p:+91 2717660550 AHMEDABAD, 380015  India Ticker: ELECTHERMELECTHERM
Business Summary
Electrotherm (India) Limited is an India-based engineering company, specializing in metal and induction technology, which provides steel melting solutions globally. The Company is engaged in the manufacturing of induction furnaces, casting machines, transformers, sponge and pig iron, ferrous and non-ferrous billets/bars/ingots, duct iron pipes, transmission line towers, battery-operated vehicles and services relating to steel melting and other capital equipment. The Company's segments include Engineering & Technologies Division, Special Steel Division, Electric Vehicle Division and Others. The Engineering & Technologies Division designs and manufactures steel plants equipment, foundries, induction heating and hardening equipment for heat treatment. The Special Steel Division produces TMT bars and ductile iron pipes and has a total manufacturing capacity of 0.7 million tons per annum. The Electric Vehicle Division offers low-speed and high-speed electric two-wheelers.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20243/31/2024Yes----

Industries
SIC Code Description
3312 Steel works, blast furnaces (including coke ovens), and rolling mills
3567 Industrial process furnaces and ovens
3541 Machine tools, metal cutting types
3612 Power, distribution, and specialty transformers
3751 Motorcycles, bicycles, and parts

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Independent Chairman of the Board Dinesh S.Mukati 64 2/11/2020 9/5/2017
Executive Vice Chairman of the Board ShaileshBhandari 1/1/2023 4/7/2007
Chief Financial Officer Amit K.Patwarika 45 2/11/2025 2/11/2025
5 additional Officers and Directors records available in full report.

Business Names
Business Name
ELECTHERM
Electrotherm (India) Ltd
Hans Ispat Ltd
Shree Hans Paper Ltd
Shree Ram Electro Cast Pvt. Ltd

General Information
Number of Employees: 2,431 (As of 3/31/2024)
Outstanding Shares: 12,742,814 (As of 9/30/2024)
Shareholders: 10,660
Stock Exchange: NSE
Fax Number: +91 7926768844


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Saturday, April 19, 2025