The company is excited to announce addition of special grades in wholly owned subsidiary name Chandanpani Limited. Specifically focusing on 300 and 400 series grades family, the company ....
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Awaiting price reaction for this filing.
Unison Metals announced that its wholly owned subsidiary, Chandanpani Limited, is adding special stainless-steel grades (300 and 400 series, including 304 and 316) to its melting division using existing facilities. The expansion targets sectors like construction, automotive, food processing, oil & gas, pharmaceuticals, pumps & valves, and chemicals, with plans to tap global markets. The company expects this move to grow its topline by approximately 50% year-on-year and PAT by around 25% year-on-year. No new capex or specific timeline was disclosed, as the initiative leverages current infrastructure and metallurgical expertise.
Positive for shareholders — the guidance of ~50% topline and ~25% PAT growth signals meaningful earnings expansion. However, the absence of timelines and the fact that it relies on existing facilities mean investors should watch for execution and order flow updates.