Viraj Profiles

What Viraj Profiles does

Viraj Profiles Pvt. Ltd., founded in 1992 by Neeraj Raja Kochhar and headquartered in Mumbai with integrated manufacturing in Tarapur/Boisar, Maharashtra, is one of the world's largest manufacturers and exporters of stainless steel long products. It operates a fully integrated production chain from melting (5 induction furnaces, 3 AOD converters, 2 continuous billet/bloom casters; 528,000 TPA melting capacity) through rolling, drawing, forging, and finishing, producing 50,000+ SKUs across wires (60,000 MTPA), wire rods, fasteners (72,000 MTPA), bright bars, profiles (78,000 TPA), welding wires, flanges (18,000 MTPA), and, since 2024-2025, seamless pipes and tubes and hollow pipes.

The company generates revenue through direct B2B export sales of certified stainless steel products to approximately 1,300 industrial customers across 96 countries and 6 continents, exporting ~90% of production. Pricing is quote-based and varies by product, grade (Austenitic, Ferritic, Martensitic, Duplex), and specification. The customer base spans oil & gas (Saudi Aramco, KNPC), shipbuilding and marine (ABS, LR, DNV, NK, KR approvals), automotive fasteners, construction, food processing, pharmaceutical, and welding/fabrication end-markets, supported by 90+ certifications and approvals. Go-to-market is enterprise field sales supplemented by international trade exhibitions (Wire and Tube Düsseldorf, ADIPEC).

~95% of metallic input is recycled stainless-steel scrap and a 130 MW DC solar plant (joint venture with Avaada Energy, commissioned July 2024) supplies 40% of energy needs with a roadmap to 70%, positioning Viraj for EU CBAM compliance. Recent strategic actions include a USD-12,000-crore-equivalent MoU with the Government of Maharashtra (January 2025) for an integrated stainless steel plant in Palghar, a PLI scheme MoU with India's Ministry of Steel (INR 280 crore), and product-line expansion into seamless pipes and tubes. The company is privately held with no institutional or PE/VC ownership disclosed; control remains concentrated with the founder.

Name

Viraj Profiles

Legal name

Viraj Profiles Pvt. Ltd.

Website

https://viraj.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Viraj Profiles is a leading global manufacturer and exporter of stainless steel long products — wires, wire rods, fasteners, bright bars, profiles, flanges, welding wires, and seamless pipes — serving ~1,300 industrial customers across 96 countries from integrated facilities in Maharashtra, India.

Ownership category

akta.pro rank

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Stainless Steel Products Manufacturing and Export: Viraj Profiles manufactures and exports stainless steel long products including wire rods, wires, fasteners, bright bars, profiles, flanges, and welding wires. The company generates revenue through B2B product sales to industrial customers globally, with approximately 90% of production exported to over 96 countries. Products are sold as commodity stainless steel products with 90+ certifications and approvals for specialized industrial applications.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Viraj Profiles is an integrated manufacturer and exporter of stainless steel long products, producing wire rods, wires, fasteners, bright bars, profiles, flanges, welding wires, and seamless pipes and tubes from in-house melt shop through finishing. The company sells more than 50,000 SKUs across Austenitic, Ferritic, Martensitic, Duplex, and Electrode grades to over 1,300 industrial customers in 96 countries, exporting approximately 90% of its 528,000 TPA melting capacity.

Product overview

Viraj Profiles is a leading stainless steel manufacturer producing a comprehensive portfolio of stainless steel long products. The company operates an integrated manufacturing model encompassing melting operations, rolling, and finishing facilities. The product portfolio includes stainless steel wires (60,000 MT/year), wire rods (5.5-39.5mm), fasteners (72,000 MT/year), bright bars, profiles (78,000 tons/year), welding wires (TIG, MIG, SAW), flanges (18,000 MT/year), and seamless pipes & tubes. With melting capacity of 528,000 tons per annum and over 50,000 SKUs across various grades including Austenitic, Ferritic, Martensitic, and Duplex stainless steel, the company serves diverse industrial applications in oil & gas, petrochemicals, food processing, construction, shipbuilding, and marine industries.

Differentiator

Problem solved

Functional benefit

Products and services

• Stainless Steel Wires High-quality stainless steel wires manufactured in extensive size range from 0.09 mm to 15 mm with in-house facilities for solution annealing, bright annealing, wire drawing, and finishing, with annual capacity of 60,000 tons per annum. Sold to industrial customers for use in welding, automotive, springs, fasteners, and general engineering applications.
• Stainless Steel Wire Rods Stainless steel wire rods produced in size ranges from 5.5 mm to 39.5 mm at state-of-the-art facilities with fully automatic wire rod mill from Siemens Italy. Serves as raw material for the wires plant and is sold to industrial customers for downstream wire drawing and fastener manufacturing.
• Stainless Steel Fasteners Comprehensive range of stainless steel fasteners including hexagon head bolts, screws, nuts, washers, studs, and precision fasteners. Over 20,000 SKUs with manufacturing capacity of 72,000 MT per annum, primarily Austenitic grades. Sold to automotive OEMs, industrial manufacturers, and infrastructure buyers requiring high tensile strength and corrosion resistance.
• Stainless Steel Bright Bars Stainless steel bright bars produced with advanced technologies including automatic ECCD detecting machines for surface defect detection and ultrasonic testing. Manufactured across Austenitic, Ferritic, Martensitic, Duplex, and precipitation hardening grades for industrial applications requiring precision and surface quality.
• Stainless Steel Profiles Stainless steel equal and unequal angles, cold drawn flats, hot rolled flats, polished and hairline angles and flats, tapered and non-tapered channels, I Beams, and Tee Bars. Manufacturing capacity of 78,000 tons per annum. Sold to construction contractors, infrastructure developers, and architectural firms.
• Stainless Steel Welding Wires Largest manufacturer of stainless steel welding wires including TIG wires, MIG wires, SAW wires, and core wires. Grades include ER 304, ER 316, ER 347, and others, approved by TUV, DB, CE, and ABS. Sold to fabrication shops, welding operators, and industrial manufacturers requiring AWS-compliant welding consumables.
• Stainless Steel Flanges Stainless steel pipe flanges in various types including blind, weld neck, slip-on, socket weld, threaded, lap joint, and orifice flanges. Size range from 1/2" to 40" with manufacturing capacity of 18,000 MT per annum and over 50,000 SKUs. Sold to oil & gas, petrochemical, and shipbuilding customers with approvals from ABS, DNV, Lloyd's Register, NK, Saudi Aramco, and KNPC.
• Seamless Pipes & Tubes Seamless stainless steel pipes and tubes in sizes from 1/2" NPS to 6 NPS (pipes) and 6.00 mm to 101.60 mm (tubes) with grades including 304/304L, 316/316L, 321, and 316 Ti. Expansion planned to 8" to 12" NPS by July 2026. Sold to oil & gas, petrochemical, pharmaceutical, and general industrial customers for high-pressure and high-temperature applications.
• Stainless Steel Hollow Pipes Stainless steel hollow pipes commenced in 2024, expanding Viraj's long product range into hollow section products for industrial and structural applications.

Quantifiable outcome

• 40% of energy needs met through solar power with 130 MW DC installation
• +2 more outcomes

Named customers3 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core and flagship.

• Ministry of Steel, Government of IndiacoreStrategic or Co-development Partner · 12 February 2026Memorandum of Understanding signed under India's Production Linked Incentive (PLI) scheme. Viraj committed INR 280 crore investment towards speciality stainless steel manufacturing to enhance technological capabilities, scale value-added production, and strengthen India's position as a global stainless steel hub. The partnership aligns with India's broader objective of building resilient manufacturing supply chains.
• Government of MaharashtraflagshipStrategic or Co-development Partner · 1 January 2025INR 12,000 crore MoU signed at Davos with Maharashtra Government for establishing an integrated stainless steel plant in Palghar, Maharashtra. This represents Viraj's most significant expansion initiative, positioning the company for major capacity growth and vertical integration in stainless steel manufacturing.
• Avaada EnergycoreStrategic or Co-development Partner · 1 July 2024Joint venture partnership for 130 MW DC solar power plant at Soyagaon, Maharashtra. The partnership with Avaada Energy marked a significant milestone in Viraj's sustainability journey, with the solar plant commissioned on July 1, 2024. The joint venture represents a 25-year commitment to green energy generation, providing up to 40% of Viraj's energy consumption from renewable sources with annual generation of 200 million units of energy.

Scale indicators12 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Jindal Stainless Limited: India's largest stainless steel manufacturer producing flat and long products. Directly comparable to Viraj as a domestic Indian competitor in stainless long products, sharing end-markets (auto, process industries) and competing in both domestic and export channels.
• Yieh United Steel Corp (YUSCO): Taiwan-based stainless steel long products manufacturer and one of the largest in Asia. Directly competes with Viraj in stainless steel wire rods, wires, and bars across global export markets, particularly in fasteners and welding wire applications.
• Ratnamani Metals & Tubes: Indian manufacturer of stainless steel pipes, tubes, and fittings. Most directly comparable to Viraj's newly launched seamless pipes/tubes segment, with overlap in oil & gas, petrochemical, and process industry customers in India and export markets.

Broad incumbents

• Outokumpu Oyj: Finland-based global leader in stainless steel with broad flat and long product portfolio and strong European presence. Comparable to Viraj in stainless long products, with a similar recycled-content positioning benefiting from EU CBAM, but much larger scale and broader product mix.
• Acerinox S.A. Spanish-headquartered global stainless steel producer with operations in Europe, Americas, and South Africa. A direct competitor in stainless long products with comparable end-market exposure (oil & gas, automotive, construction) and similar size in the global long products market.
• Aperam S.A. Luxembourg-based stainless steel specialist spun off from ArcelorMittal, focused on flat and long stainless products in Europe and Brazil. Comparable as a stainless pure-play with sustainability and circular economy positioning mirroring Viraj's recycled-content narrative.
• Salzgitter AG: German steel group producing a wide range of steel products including stainless long products. Overlaps with Viraj in European industrial markets (automotive, construction, energy) but operates at significantly larger scale across multiple steel categories.
• Baosteel / Taiyuan Iron & Steel (TISCO): Among China's largest stainless steel producers, dominating global supply and depressing pricing for the rest of the industry. Sets the competitive ceiling that Viraj must compete against globally — particularly relevant given Viraj is #2 ex-China.
• thyssenkrupp Stainless / Materials Services: German stainless steel producer and distributor serving European industrial customers. Comparable in long products and value-added stainless (bright bars, profiles), with similar automotive, chemical, and energy end-market exposure.

Emerging players

• Chengde Yulu Iron & Steel: Chinese specialty stainless long products producer competing in fastener wire and bar categories. Relevant as a lower-cost Chinese competitor in the segments where Viraj is most exposed (fasteners, wires, profiles) on global export pricing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

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Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Viraj Profiles