Sole domestic producer of DMR-249A/B high-tensile warship-grade steel plate (Rourkela)
Price
₹161.00
snapshot 30 Oct 2026
Strengths
Effective monopoly on indigenous warship-grade DMR-249A/B steel plate makes it the default supplier for every domestic shipyard's hull-steel requirement
Risks
Naval-grade steel is a small, undisclosed slice of a much larger commodity steel business
Commodity steel producer - earnings exposed to steel-cycle and input-cost swings unrelated to naval demand
Note: Effective monopoly on indigenous warship-grade steel; naval share of revenue not separately disclosed
Market cap, ratios, CAGR and revenue: company table snapshot as of 30 Oct 2026 (the same figures on every page). Price: snapshot as of 30 Oct 2026. Not investment advice.
Where it fits
Supplies the warship-grade steel plate, titanium alloys and welding consumables that shipyards fabricate into the hull and pressure structures.
Why it matters
Hull integrity and weight directly determine a vessel's speed, range, survivability and, for submarines, dive depth - materials quality here is a hard physical constraint on ship performance.
Where the value pool sits
A near-monopoly PSU supplier captures most of the value on bulk warship-grade steel, while specialty alloy and welding-consumable makers earn smaller, higher-margin niches on submarine-grade materials.
Key drivers
Shipyard order backlog and steel-plate offtake volumes
Submarine-grade titanium/maraging-steel demand tied to new-build programmes