Shri Hare-Krish.

: SHKSIL · Sponge Iron

52W Range₹33 ₹78

Limited coverage

We are not actively covering this company or have limited coverage today. Click to request coverage.

Snapshot

Unlock Shri Hare-Krish.'s vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Shri Hare-Krishna Sponge Iron Limited is an Indian manufacturer specialising in the production and sale of sponge iron. The company serves as a critical supplier of raw materials for steel production, specifically catering to electric arc and induction furnace operators.

Business Model

The company generates revenue through the manufacturing and direct sale of sponge iron to steel manufacturers. Its business model is heavily reliant on the demand for steel and the operational requirements of induction furnace-based steel plants.

Growth Outlook

Growth is primarily driven by the expansion of the domestic steel sector and the increasing demand for sponge iron as a cost-effective metallic input. Future performance remains tied to industrial production cycles and infrastructure development in India.

Key Risks

  • Raw Material Price Volatility. Fluctuations in the prices of iron ore and coal significantly impact the company's operating margins.
  • Cyclicality of Steel Industry. The demand for sponge iron is highly sensitive to the cyclical nature of the steel manufacturing sector.
  • Regulatory and Environmental Risks. Stringent environmental regulations regarding emissions and mining operations may increase compliance costs or restrict production capacity.
  • Energy Cost Sensitivity. The energy-intensive nature of sponge iron production makes the company vulnerable to changes in power and fuel costs.

Start your research today

Unlock AI insights, financials, peers and live data on Shri Hare-Krish. and 5,000+ companies — free.

Start your research

Peers · Sponge Iron

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Shri Hare-Krish.SHKSIL
₹65 Cr9.8%-47.3%
KIOCL LimitedKIOCL
₹23,493 Cr594.69272.1427.4%12.6%2.3%2.5%-5.1%
S.A.L SteelSALSTEEL
₹1,088 Cr59.6542.80-70.2%20.1%13.4%11.4%+319.2%
Vraj Iron and Steel LimitedVRAJ
₹414 Cr11.526.3529.0%11.1%8.7%10.6%-14.8%

As of Mar 2026

Financials