Jindal Supreme (India)

About the Company

Jindal Supreme (India) manufactures and supplies various steel products, primarily focusing on Mild Steel (MS) black pipes and tubes, MS galvanized pipes and tubes, metal beam crash barriers, and galvanized iron (GI) tubular poles. Operating from a single manufacturing facility in Hisar, Haryana, the company uses processes such as coil slitting, forming, degreasing, fluxing, and galvanizing to create products used across infrastructure, construction, plumbing, and rural electrification sectors. The company relies heavily on the demand for its core Black Pipes and Galvanized Pipes, which account for a significant portion of its sales. It serves its customer base through an established dealer network primarily in Northern India. Jindal Supreme (India) meets its raw material requirements by procuring mild steel coils, hot-rolled coils, and galvanizing materials from multiple suppliers.  

Strengths

• Founder-led management team with extensive industry expertise.
• Well-established distribution network featuring 53 dealers across Northern India.
• Diversified steel product portfolio mitigating reliance on a single segment.
• Robust manufacturing capabilities with a total installed capacity of 1,71,000 MTPA.
• Strategically located manufacturing facility in Hisar, Haryana, for operational efficiency.

Risks

• Geographic concentration risk due to relying on a single manufacturing facility in Haryana.
• Heavy reliance on the top 10 suppliers for over 70% of total raw material purchases.
• Profit margins are highly vulnerable to price volatility in key steel raw materials.
• Significant revenue dependence on the market demand for Black and Galvanized Pipes.
• Customer concentration risk, as top buyers contribute a substantial portion of total revenue