Om Metallogic

About the Company

Om Metallogic, established in 2011 and based in Haryana, specializes in recycling aluminium scrap into alloys, mainly for the automotive industry due to aluminium’s strength, corrosion resistance, and light weight. The company transitioned from a private to a public limited entity in 2023 and has ISO 9001:2015 certification for quality management. Guided by promoters Manish and Seema Sharma, Om Metallogic operates a 5,280-ton annual capacity plant positioned close to major customers for efficient delivery. Its process uses induction furnaces to melt scrap into ingots, emphasizing customer-centric values and timely service. Most revenue comes from Delhi, Haryana, and Uttar Pradesh.

Strengths

• Established company with over a decade in aluminum alloy manufacturing from recycled scrap.
• Strong promoter involvement with operational and strategic expertise.
• ISO 9001:2015 certified manufacturing facility with strategic location near customers.
• Significant installed capacity (5,280 tons per annum) with plans for capacity utilization improvements.
• Revenue driven by the fast-growing automotive and infrastructure markets, supported by government initiatives.

Risks

• Concentration of revenue with top customers and geographic dependency primarily on Haryana, Delhi, and Uttar Pradesh.
• Exposure to legal proceedings and possible adverse judgments impacting reputation and finances.
• Manufacturing operations dependent on leased premises with lease renewal risks.
• Dependence on a single manufacturing plant; operational disruptions could severely impact production.
• Significant recent and planned capital expenditure and working capital requirements, with risks related to financing and execution delays.