Siyaram Recycling Industries
Siyaram Recycling Industries Ltd is a Jamnagar, India-based B2B manufacturer that converts recycled brass and copper scrap into copper alloy ingots, brass rods, brass fittings, and bath fittings for plumbing, sanitary, and industrial OEM customers.
- Company typePublic
- Founded2007
- HeadquartersJamnagar, India
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Siyaram Recycling Industries does
Siyaram Recycling Industries Ltd is a Jamnagar, Gujarat-based public company (BSE: 544047; IPO December 2023) that converts recycled brass and copper scrap into copper alloy ingots/billets, brass extrusion rods (solid and hollow), brass plumbing and sanitary fittings, and finished bath fittings. Its single Jamnagar facility integrates forging (125 tonne press), extrusion (350 MT and 450 MT presses), CNC machining, and in-house electroplating (nickel, chrome, copper, gold), producing free-cutting brass rods to standards C345, C353, CDA 36000, C3602, C3604, C385, CZ131, CZ124, CZ121 and EN 12164-CW606N/CW603N/CW614N, plus copper alloys meeting IS, BS, JIS, DIN, and ASTM specifications. The company sells primarily to OEM plumbing/sanitary manufacturers, industrial equipment makers, metal traders, and scrap recyclers in India — named enterprise customers include Supreme Industries, Anurag Impex, Charbhuja Impex, Dharma Metalex, and Saanvi Metal Craft — and supplements domestic fixed-cost B2B contracts (order sizes Rs 1.51–5.99 crore, 7-day to 6-month execution) with international OEM export work. Revenue model is straightforward contract manufacturing plus scrap trading; FY25 delivered Rs 511.56 crore in net sales and Rs 14.57 crore in PAT, while FY26 contracted to Rs 361.69 crore in sales and Rs 3.79 crore in PAT (FY26 EBITDA margin 4.9%, PAT margin 1.0%) on raw material volatility, freight disruption, and working-capital pressures. Leadership is the Maheshwari family: Ramgopal Maheshwari (Chairman), Bhavesh Maheshwari (Managing Director), and Megha Maheshwari (CFO), with Kiran Parmanand Goklani as Company Secretary and Compliance Officer.
Siyaram Recycling Industries firmographics
Firmographics- Name
- Siyaram Recycling Industries
- Legal name
- Siyaram Recycling Industries Ltd
- Website
- https://www.siyaramindustries.co.in/
- Company type
- Public
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Siyaram Recycling Industries Ltd is a Jamnagar, India-based B2B manufacturer that converts recycled brass and copper scrap into copper alloy ingots, brass rods, brass fittings, and bath fittings for plumbing, sanitary, and industrial OEM customers.
- Ownership category
- akta.pro rank
Siyaram Recycling Industries industry classification
Industry- Product category
- Brass and Copper Alloy Manufacturing
- NAICS
- Nonferrous Metal (except Aluminum) Production and Processing (3314), Copper Rolling, Drawing, Extruding, and Alloying (33142), Copper Rolling, Drawing, Extruding, and Alloying (331420)
- SIC
- Secondary Smelting & Refining Of Nonferrous Metals (3341), Primary Smelting & Refining Of Nonferrous Metals (3330)
- akta.pro primary industry
- Copper Recycling & Secondary Copper Smelting/Refining (IMAKADAK)
- akta.pro secondary industries
- Non-Ferrous Scrap Processing & Recycling (Aluminum, Copper, Brass, Lead, Zinc) (EUAIAJAB), Industrial & Manufacturing Scrap Recycling (Factory Scrap, Turnings, Offcuts) (IMAKAMAE), Metals Recycling & Processing (Ferrous/Non-Ferrous) (BPALADAF)
Keywords
Where Siyaram Recycling Industries is headquartered
LocationHeadquarters
- HQ city
- Jamnagar
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Siyaram Recycling Industries business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure
Revenue model
- Brass Product Manufacturing and Sales: Primary revenue from manufacturing and selling brass products including copper alloy ingots, brass extrusion rods, brass fittings, and bath fittings. Revenue is generated through fixed-cost contracts with domestic customers, typically executed within 7 days to 6 months. The company also exports OEM products.
- Scrap Trading: Trading of recycled scrap materials including brass honey scrap, copper scrap, zinc scrap, and red brass scrap sourced globally and processed domestically.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | B2B Contract Manufacturing |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Siyaram Recycling Industries product offering
Product offeringCore offering
Siyaram Recycling Industries manufactures brass and copper alloy products from recycled scrap materials for industrial and plumbing/sanitary buyers. Its core product lines are Copper Alloy Ingots & Billets, Brass Extrusion Rods (solid and hollow), Brass Fittings (plumbing and sanitary components), and Bath Fittings (faucets, angle valves). The company also trades in scrap raw materials including brass honey scrap, copper scrap, zinc scrap, red brass scrap, and zinc ingot scrap.
Product overview
Siyaram Recycling Industries is a manufacturer and recycler of brass-based components, operating as a single unified product portfolio centered on brass and copper alloy manufacturing. The company processes recycled scrap materials into four main product lines: Copper Alloy Ingots & Billets (including gunmetal, bronze, and brass varieties), Brass Extrusion Rods (solid and hollow), Brass Fittings (plumbing and sanitary components), and Bath Fittings (faucets and valves). The products are produced from recycled scrap materials using in-house manufacturing capabilities including CNC machines, forging presses, extrusion presses up to 450 MT, and electroplating facilities. The company also trades in raw material scrap including brass honey, copper, zinc, red brass, and zinc ingots.
Differentiator
Problem solved
Functional benefit
Products and services
- Copper Alloy Ingots & Billets Comprehensive range of copper alloy ingots and billets including gunmetal, aluminium bronze, silicon bronze, phosphorous bronze, tin bronze, leaded bronze, manganese bronze, bismuth bronze, and brass ingots in various grades meeting IS, BS, JIS, DIN, and ASTM standards. Sold to casting manufacturers and industrial processors.
- Brass Extrusion Rods (Solid/Hollow)
- Brass Fittings
- Bath Fittings
Companies that use Siyaram Recycling Industries
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Siyaram Recycling Industries technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Siyaram Recycling Industries partnerships and signals
Strategic signalScale indicators7 records
Recent moves7 records
Expansion highlights5 records
Siyaram Recycling Industries competitors and assessment
Company assessmentBroad incumbents
- Wieland Group: Global German-headquartered leader in semi-finished copper and copper alloy products including rods, bars, and tubes. Comparable end-product portfolio to Siyaram's extrusion rods and billets, but operating at multinational scale with broader geographic reach.
- Hindustan Copper Limited: Indian public-sector copper miner and producer of copper cathodes, wire rods, and by-products. Comparable as a publicly listed Indian non-ferrous metal player serving industrial customers, though at significantly larger scale and integrated upstream into mining.
- KME Group: European manufacturer of copper and copper alloy semi-finished products including rods, tubes, and billets. Directly comparable product portfolio to Siyaram's brass rods and copper alloy ingots, with stronger international OEM presence.
- Mueller Industries: US-based manufacturer of copper, brass, aluminum, and plastic products serving plumbing, HVAC, and industrial markets. Comparable in vertical integration from raw metal to finished plumbing fittings, though much larger and geographically diversified.
Direct peers
- Bhagyanagar India Limited: Indian manufacturer of copper and brass products including rods, strips, and sheets. Closely comparable product portfolio to Siyaram's brass rods and copper alloy offerings, also serving electrical and plumbing OEM customers in India.
- Rajshree Metals & Alloys: Manufacturer of brass rods, billets, and copper alloy products based in Jamnagar, India. Direct geographic and product overlap with Siyaram, competing in free-cutting brass rods and ingots for plumbing and electrical applications.
- Metalman Industries: Indian brass and copper alloy manufacturer producing rods, sections, and billets. Competes with Siyaram in brass extrusion rods and copper alloy ingots for similar industrial OEM customers.
Regional players
- GM Foils Ltd: Indian manufacturer of copper and copper alloy foils and strips. Comparable as a domestic Indian non-ferrous mill products player, though specializing in thinner foil/strip formats versus Siyaram's rods and ingots.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Siyaram Recycling Industries social profiles
Digital presenceSiyaram Recycling Industries compliance and trust
Trust signalCompliance1 record
Siyaram Recycling Industries financial estimates
Financial estimateRevenue estimate
Valuation estimate
Siyaram Recycling Industries leadership team
Management profileNumber of profiles
Profiles4 records
Siyaram Recycling Industries funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Siyaram Recycling Industries M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Siyaram Recycling Industries
What does Siyaram Recycling Industries do?
Siyaram Recycling Industries manufactures brass and copper alloy products from recycled scrap materials for industrial and plumbing/sanitary buyers. Its core product lines are Copper Alloy Ingots & Billets, Brass Extrusion Rods (solid and hollow), Brass Fittings (plumbing and sanitary components), and Bath Fittings (faucets, angle valves). The company also trades in scrap raw materials including brass honey scrap, copper scrap, zinc scrap, red brass scrap, and zinc ingot scrap.
Is Siyaram Recycling Industries a public or private company?
Siyaram Recycling Industries is a public company. It is classified as public and is currently operating.
When was Siyaram Recycling Industries founded?
Siyaram Recycling Industries was founded in 2007. It employs 51 to 100 people.
Where is Siyaram Recycling Industries based?
Siyaram Recycling Industries is headquartered in Jamnagar, India, in the Asia region.
How does Siyaram Recycling Industries make money?
Two revenue lines are on record. Brass Product Manufacturing and Sales are the primary driver. The others are scrap Trading.
Who are Siyaram Recycling Industries's main competitors?
Broad incumbents on record are Wieland Group, Hindustan Copper Limited, KME Group and Mueller Industries. Direct peers are Bhagyanagar India Limited, Rajshree Metals & Alloys and Metalman Industries. GM Foils Ltd is listed as a regional player.
Does Siyaram Recycling Industries have an API?
No public API is recorded for Siyaram Recycling Industries.
What industry is Siyaram Recycling Industries in?
Siyaram Recycling Industries's product category is Brass and Copper Alloy Manufacturing. Its primary akta.pro industry code is IMAKADAK, Copper Recycling & Secondary Copper Smelting/Refining, with a secondary code of EUAIAJAB, Non-Ferrous Scrap Processing & Recycling (Aluminum, Copper, Brass, Lead, Zinc). Its NAICS code is 3314 and its SIC code is 3341.