Uni Abex Alloy Product Limited

What Uni Abex Alloy Product Limited does

Uni Abex Alloy Products Limited, incorporated in 1972 and headquartered in Mumbai, India, is a manufacturer of centrifugal and static castings in heat, corrosion, and wear resistant stainless steel alloys. The company is part of the Neterwala Group conglomerate and is listed on the Bombay Stock Exchange under the ticker UNIABEXAL (script code 504605). Its core manufacturing capabilities include horizontal centrifugal castings (tube lengths up to 6000mm and diameters up to 1050mm), vertical centrifugal castings (conical shapes with top diameter up to 1200mm), and static castings (1200 MT per annum capacity via an Omega sand plant imported from the UK, with single-piece casting capability up to 3000 kilograms). The company serves refineries, petrochemical plants, fertilizer manufacturers, sponge iron/DRI producers, iron and steel mills, galvanizing plants, decanter manufacturers, furnace builders, and the defense sector across India, Europe, the Middle East, and (newly announced) North America.

The product portfolio comprises reformer tubes, catalyst tubes, hot collectors/headers, bends and elbows, tube supports and hangers, radiant coil assemblies, ladder side members, reducers and grids, cold cast beams, air injection tubes (including the proprietary Thermalloy 40 alloy), feed tubes, clamping flanges, coal throw pipes, swirlers, and radiation protection tubes. Notable proprietary developments include Thermalloy 40 (an aluminum-micro-alloyed material for air injection tubes that more than doubles the lifespan of conventional HK 40 tubes in 500 TPD rotary DRI kilns), TX-63 alloy for high-temperature service up to 1010°C, centrifugally cast miniature tubes with 25mm internal diameter for the petroleum industry, Hastelloy assemblies, and the first-in-India development of 900mm diameter deflector rolls for Continuous Galvanizing Line applications.

The company operates a B2B industrial manufacturing model, selling custom-engineered castings on a quote-based, one-time purchase basis directly to OEMs, engineering consultants, EPC companies, turnkey contractors, and end-user industrial plants. Distribution is global, with active presence in India, the Middle East (including SABIC engagement in 2025), Europe (decanter manufacturers since 1991), and a newly announced expansion into the North American market effective April 2025. Certifications include ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018; the company also holds Two Star Export House status from the Government of India. Headcount is approximately 1,000 per the Investor Relations page, and the Neterwala Family Trust controls approximately 63.48% of the company following an inter-se transfer of shares effective June 2026. Q4 FY25 standalone net profit reached ₹12.64 crore, a 267.44% YoY increase, with FY25 dividend declared at 350%.

Name

Uni Abex Alloy Product Limited

Legal name

Uni Abex Alloy Products Limited

Website

https://uniabex.com

Company type

Public

Founded year

1972

Operating status

Operating

Headcount range

251–500 employees

Short description

Uni Abex Alloy Products Limited is an India-based, BSE-listed manufacturer of centrifugal and static castings in heat-, corrosion-, and wear-resistant stainless steel alloys. Founded in 1972 as part of the Neterwala Group, it supplies custom-engineered components to refineries, petrochemical, fertilizer, steel, and defense customers globally.

Ownership category

akta.pro rank

Product category

Industrial Alloy Castings

NAICS

Iron and Steel Mills and Ferroalloy Manufacturing (3311)

SIC

Nonferrous Foundries (Castings) (3360)

akta.pro primary industry

Specialty & Alloy Steel (Stainless, Tool Steel, Electrical Steel, High-Strength/HSLA) (IMAKABAJ)

Keywords

• Centrifugal casting manufacturer
• Heat resistant alloys
• Stainless steel castings
• Reformer tubes
• Industrial alloy castings

Headquarters

HQ city

Thane

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Industrial Castings: B2B manufacturing company selling centrifugal and static castings to industrial customers. Revenue is generated through one-time purchase orders for custom-manufactured components. No subscription or recurring revenue model.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Uni Abex Alloy Products Limited manufactures centrifugal and static castings in heat, corrosion and wear resistant stainless steel alloys. Its product range includes reformer tubes, catalyst tubes, hot collectors, bends, elbows, air injection tubes, radiation protection tubes, radiant coil assemblies, tube supports and hangers, ladder side members, reducers and grids, cold cast beams, feed tubes, clamping flanges, coal throw pipes and swirlers, supplied to refineries, petrochemical, fertilizer, steel and DRI plants.

Product overview

Uni Abex Alloy Products Limited is a manufacturer of Centrifugal and Static Castings in Heat, Corrosion and Wear Resistant Stainless Steel Alloys. The product portfolio includes Reformer Tubes, Catalyst Tubes, Hot Collectors/Headers, Bends & Elbows, Tube Supports & Hangers, Radiant Coil Assemblies, Ladder Side Members, Reducers & Grids, Cold Cast Beams, Air Injection Tubes, Feed Tubes, Clamping Flanges, Coal Throw Pipes, Swirlers, and Radiation Protection Tubes. Manufacturing capabilities include Horizontal Centrifugal Castings (tube length up to 6000mm), Vertical Centrifugal Castings (conical up to 1200mm diameter), and Static Castings (1200MT per annum capacity). Products serve industries including Refinery, Petrochemical, Fertilizer, Sponge Iron, Iron & Steel, Galvanizing Plants, Decanter Manufacturers, Metal Gasket & Valves, and Furnace Manufacturers.

Differentiator

Problem solved

Functional benefit

Products and services

• Reformer Tubes Centrifugally cast stainless steel alloy reformer tubes used in primary reformers of ammonia, methanol, hydrogen and direct-reduced-iron plants; designed for high-temperature, high-pressure service in refineries, petrochemical, fertilizer and DRI plants.
• Catalyst Tubes / Reformer Tubes for Gas Based DRI Catalyst and reformer tubes tailored for gas-based direct-reduced-iron (DRI) plants; centrifugally cast heat- and wear-resistant stainless steel tubes for high-temperature reduction service.
• Hot Collectors Statically and centrifugally cast hot collector / header assemblies that gather hot process gases from reformer and furnace outlets in refineries, petrochemical and fertilizer plants.
• Bends and Elbows High-alloy stainless steel bends and elbows for high-temperature and corrosive transfer-line service in reformer and furnace circuits of refineries and petrochemical plants.
• Tube Support and Hangers Cast stainless steel tube supports and hangers used inside reformer and heater boxes to carry the load and allow thermal expansion of catalyst tubes in high-temperature service.
• Radiant Coil Assembly Cast radiant coil assemblies used in fired heaters and reformer furnaces of refineries and petrochemical plants, made from proprietary heat-resistant stainless steel alloys.
• Ladder Side Members Cast ladder-type side members used as structural components inside reformer and furnace internals for high-temperature service.
• Reducer and Grids Cast reducers and grids used in process gas distribution and flow management inside reformer and furnace systems of refineries, petrochemical and DRI plants.
• Cold Cast Beam Cold-cast stainless steel structural beam components used as supports and load-bearing elements in industrial reformer and furnace installations.
• Air Injection Tubes Heat-resistant stainless steel air injection tubes used to introduce air or oxygen into high-temperature reformer and partial-oxidation process equipment.
• Feed Tubes Cast stainless steel feed tubes used to introduce feedstocks into high-temperature reformer and reactor systems in refineries, petrochemical and fertilizer plants.
• Clamping Flange Cast stainless steel clamping flanges used to secure tube assemblies and internals within reformer and high-temperature process equipment.
• Coal Throw Pipe Wear-resistant cast stainless steel coal throw pipes used in coal-based DRI and power/process plants to convey coal into high-temperature reactors under abrasive service.
• Swirlers Cast stainless steel swirlers used to impart controlled swirl/flow patterns in burners and high-temperature process equipment for refineries, petrochemical and steel plants.
• Radiation Protection Tube Heat-resistant cast stainless steel radiation protection tubes used in high-temperature reformer and furnace installations to shield sensitive components from radiant heat.

Quantifiable outcome

• Thermalloy 40 air injection tubes last more than 2x longer than conventional HK 40 tubes in 500 TPD rotary DRI kilns
• +3 more outcomes

Named customers11 records

Segments9 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Haynes International: US-based manufacturer of high-performance nickel- and cobalt-based alloys including Hastelloy, the same nickel alloy family that Uni Abex produces as centrifugally cast assemblies for high-heat and corrosive applications. Direct competitor in the specialty alloy segment.
• Mersen: French global manufacturer of specialty materials and components for high-temperature industrial applications, including graphite, silicon carbide, and refractory metal parts. Comparable to Uni Abex on serving extreme-temperature process industries.
• Vallourec: French global leader in premium seamless steel tube solutions for the oil & gas, petrochemical, and industrial sectors. Comparable to Uni Abex's reformer tube and industrial tube offerings for downstream energy customers.
• Carpenter Technology Corporation: US specialty alloys producer with deep expertise in stainless steel, high-temperature, and corrosion-resistant alloys for aerospace, energy, and industrial markets. Directly comparable to Uni Abex's specialty alloy casting portfolio.
• Sandvik Materials Technology: Swedish division of Sandvik AB producing specialty stainless steel tubes, strips, and high-temperature alloy components for petrochemical, refinery, and industrial furnace applications. Comparable to Uni Abex on alloy chemistry, end-markets, and global sales footprint.
• Tubacex: Spanish global manufacturer of seamless stainless steel tubes for the petrochemical and refinery industries, including reformer and catalyst tubes. Highly comparable to Uni Abex's core reformer tube and catalyst tube product line serving identical end-markets.
• Doncasters Group: UK-based precision castings manufacturer operating centrifugal and investment casting processes for industrial, energy, and aerospace markets. Shares Uni Abex's centrifugal casting production methodology and heat-resistant alloy focus.

Broad incumbents

• voestalpine (Böhler-Uddeholm division): Austrian-headquartered specialty steel and tool materials group producing high-speed steels, stainless alloys, and high-temperature alloys through its Böhler-Uddeholm division. Comparable to Uni Abex on specialty alloy metallurgy but operates as a much broader global incumbent.

Regional players

• Jindal Stainless: India's largest stainless steel manufacturer, serving similar industrial end-users across petrochemical, refinery, and process industries. Operates in the same geography but at much larger scale and broader product scope than Uni Abex.
• ISGEC Heavy Engineering: Indian heavy engineering company manufacturing process equipment, castings, and components for steel, refinery, fertilizer, and petrochemical customers. Comparable end-market exposure to Uni Abex within India but broader product range.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/uniabex
• YouTubeyoutube.com/watch?v=HQj74dxE7bg
• Facebookfacebook.com/uniabex
• LinkedInlinkedin.com/company/uni-abex-alloy-products-limited

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Uni Abex Alloy Product Limited