SR Group
SR Group (SRC Chemicals) is a privately held Indian industrial manufacturer producing ferro alloys (Ferro Molybdenum, Ferro Vanadium, Low Carbon Ferro Chrome) and mineral fluxes (Fluorspar, Calcined Lime, Hydrated Lime, Dolomite, Graphite) across multi-state facilities for steel, paper, aluminum, and chemical industry customers domestically and internationally.
- Company typePrivate
- Founded1991
- HeadquartersPune, India
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What SR Group does
SR Group, operating through its flagship SRC Chemicals and four additional wholly-owned subsidiaries (Shree Ram Lime Products, Shubham Minerals & Chemicals, Alchemist Ferro, Alchemist Steel), is a privately held Indian industrial manufacturer of ferro alloys and mineral fluxes. Founded in 1991 in Rajasthan by Managing Director Suresh Kumar Lakhotia, the group operates manufacturing facilities in Pune (Maharashtra), Vizag (Andhra Pradesh), Hospet (Karnataka), Jodhpur, Khimsar, Dausa, and Nathdwara (Rajasthan), with combined production capacity of approximately 562,500 metric tons per annum. The portfolio is organized into two categories: ferro alloys (Ferro Molybdenum, Ferro Vanadium, Molybdenum Oxide Briquettes, Low Carbon Ferro Chrome) and fluxes (Fluorspar in powder/lump/briquette forms, Calcined Lime, Calcined Lime Powder, Hydrated Lime, Calcined Dolomite, Dolomite Stone Powder, Amorphous Graphite, and Limestone).
The company's value proposition rests on vertical integration through an owned limestone quarry, in-house gravimetric and volumetric quality analysis, third-party assayer verification, and claimed first-mover status in India for fluorspar briquetting technology. Products serve as alloying elements and fluxing agents in metallurgical processes for steel, paper, aluminum, glass, ceramics, water treatment, agriculture, and chemical manufacturing. The group sells via direct enterprise sales to 50+ major Indian steel manufacturers (Tata Steel, JSW, SAIL, Jindal group companies, Mukand, Usha Martin, Electrosteel, and others) under multi-year contracts, and exports fluorspar and other products to 18+ countries including Bangladesh, Japan, Saudi Arabia, South Korea, Vietnam, UAE, Oman, USA, Australia, and European markets. Revenue derives from one-time bulk industrial sales at quote-based pricing, with no software, services, or recurring subscription components; packaging is in 45 kg bags or 1 MT jumbo bags. No external institutional investment, M&A activity, or public listing is disclosed.
SR Group firmographics
Firmographics- Name
- SR Group
- Legal name
- SRC Chemicals
- Website
- https://shreeram.net
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- SR Group (SRC Chemicals) is a privately held Indian industrial manufacturer producing ferro alloys (Ferro Molybdenum, Ferro Vanadium, Low Carbon Ferro Chrome) and mineral fluxes (Fluorspar, Calcined Lime, Hydrated Lime, Dolomite, Graphite) across multi-state facilities for steel, paper, aluminum, and chemical industry customers domestically and internationally.
- Ownership category
- akta.pro rank
SR Group industry classification
Industry- Product category
- Industrial Minerals & Ferro Alloys Manufacturing
- NAICS
- Ground or Treated Mineral and Earth Manufacturing (327992), Other Nonmetallic Mineral Product Manufacturing (3279)
- SIC
- Wholesale-Metals & Minerals (No Petroleum) (5050)
- akta.pro primary industry
- Industrial Minerals Trading (Phosphate, Potash, Sulfur, Borates, Barite, Talc) (IMAKAJAF)
- akta.pro secondary industries
- Ferrous Metals Trading & Distribution (Iron Ore, Pig Iron, DRI/HBI, Ferroalloys) (IMAKAJAA), Non-Ferrous Base Metals Trading (Aluminum, Copper, Zinc, Lead, Tin, Nickel) (IMAKAJAC)
Keywords
Where SR Group is headquartered
LocationHeadquarters
- HQ city
- Pune
- HQ country
- India
- HQ region
- Asia
Offices8 records
Markets served
SR Group business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Ferro Alloys Sales: Manufacturing and sale of ferro alloys including Ferro Molybdenum, Ferro Vanadium, and Molybdenum Oxide Briquettes to steel and manufacturing industries.
- Fluxes Sales: Production and sale of fluxes including Fluorspar (powder, lumps, briquettes), Calcined Lime, Hydrated Lime, Calcined Dolomite, Dolomite Stone Powder, and Graphite to various industrial sectors.
- International Export: Export of products to international markets including Bangladesh, Nepal, Japan, Australia, Dubai regions, European regions, Saudi Arabia, Indonesia, South Korea, Vietnam, Kuwait, Poland, Thailand, and other neighboring countries.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Fluorspar Powder grades (97%, 95%, 90%, 85%, 80%) |
| Unit Pricing | Multi-year contract | Fluorspar Lumps grades (90%, 80%, 70%) |
| Unit Pricing | Multi-year contract | Fluorspar Briquettes grades (88%, 85%) |
| Unit Pricing | Multi-year contract | Calcined Lime grades (Normal, Special) |
| Unit Pricing | Multi-year contract | Hydrated Lime grades (90%, 85%, 80%, 75%) |
| Unit Pricing | Multi-year contract | Calcined Dolomite |
| Unit Pricing | Multi-year contract | Amorphous Graphite |
| Unit Pricing | Multi-year contract | Ferro Molybdenum |
| Unit Pricing | Multi-year contract | Ferro Vanadium |
| Unit Pricing | Multi-year contract | Molybdenum Oxide Briquettes |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
SR Group product offering
Product offeringCore offering
SR Group manufactures and supplies ferro alloys (Ferro Molybdenum, Ferro Vanadium, Molybdenum Oxide Briquettes, Low Carbon Ferro Chrome) and fluxes (Fluorspar in powder/lump/briquette forms, Calcined Lime, Calcined Lime Powder, Hydrated Lime, Calcined Dolomite, Dolomite Stone Powder, Amorphous Graphite, Limestone) for steel, paper, aluminum, and chemical industries. Products are produced at manufacturing facilities in Pune, Vizag, Hospet, Jodhpur, Khimsar, Dausa, and Karnataka with combined capacity exceeding 560,000 MTPA, serving 50+ enterprises domestically and exporting to 18+ countries.
Product overview
SR Group (flagship company: SRC Chemicals) operates as an industrial manufacturer and supplier of ferro alloys and fluxes. The product portfolio is organized into two main categories: (1) Ferro Alloys including Ferro Molybdenum (60% min Mo), Ferro Vanadium (50-85% V), and Molybdenum Oxide Briquettes (57% min Mo); and (2) Fluxes including Fluorspar (powder, lumps, briquettes in multiple grades from 80-97%), Calcined Lime/Quick Lime (85-92% CaO), Calcined Lime Powder, Hydrated Lime (75-90% Ca(OH)2), Calcined Dolomite (50-55% CaO, 30-35% MgO), Dolomite Stone Powder, Amorphous Graphite (80-85% FC), and Limestone. The company also produces Low Carbon Ferro Chrome. These purifying and strengthening ingredients serve major industries including steel, paper, aluminum, and chemicals, with products used as fluxing agents and alloying elements in metallurgical processes.
Differentiator
Problem solved
Functional benefit
Products and services
- Ferro Molybdenum (Ferro Moly) A ferro alloy with minimum 60% Molybdenum used as a hardening agent to prevent corrosion, providing strength and hardness to steels. Manufactured in 10–100mm size range for steel industry customers.
- Ferro Vanadium Iron-vanadium alloy with 50–85% vanadium content that enhances strength, toughness, wear resistance, hardenability, and corrosion resistance of steel. Available in lumps or powdered form for steel producers in automotive, construction, aerospace, and oil & gas sectors.
- Molybdenum Oxide Briquettes Briquette form molybdenum oxide with minimum 57% Mo used as an alloying element in steel production to improve hardness, strength, and corrosion resistance. Available in 25–80mm briquette size.
- Fluorspar (Acid Grade Powder, Lumps, Briquettes) Calcium fluoride (CaF2) fluxing agent for steel manufacturing, aluminum production, hydrofluoric acid production, ceramic & glass industry, and metallurgy. Available in powder (97/95/90/85/80% CaF2 grades), lumps (90/80/70% CaF2), and briquettes (88/85% CaF2).
- Calcined Lime (Quick Lime) Calcium oxide (CaO) flux agent used in iron and steel making for impurity removal. Normal Grade contains 90% CaO; Special Grade contains 90–92% CaO. Available in 10mm–80mm sizes.
- Calcined Lime Powder Quick lime in powder form used as a flux in steel industries for impurity removal. Available in 0–3mm and 200 mesh specifications, both at 85–90% CaO content.
- Hydrated Lime Calcium hydroxide (Ca(OH)2) for water softening and chemical purposes in iron & steel, construction, water treatment, chemical manufacturing, soil stabilization, paper, mining, flue gas desulfurization, and food industries. Available in 75–90% Ca(OH)2 grades, packaged in 45kg or 1 MT jumbo bags.
- Calcined Dolomite Calcium magnesium carbonate used as a flux or sintering agent in iron and steel industry, glass manufacturing, ceramics, and as agricultural fertilizer and animal feed supplement. Contains 50–55% CaO, 30–35% MgO, available in 10mm–80mm sizes, packaged in 45kg or 1 MT jumbo bags.
- Dolomite Stone Powder Mineral powder (also called Marble Powder) used as a chemical compound in paint, agriculture, detergent, and consumer industries. Specifications include 97–98% whiteness and 250/300 mesh size.
- Amorphous Graphite Amorphous graphite used by steel plants for raising carbon (low nitrogen content) and as a flux for metallurgical processes. Specifications: 80–85% Fixed Carbon, 0.05–14% Ash, 0.5–4% VM, 0.5% Max Moisture, 95% at 200 mesh.
- Limestone Limestone used as a flux in various industrial processes, aiding in the removal of impurities during metal smelting and contributing to overall manufacturing efficiency. Sourced from SR Group's own quarry.
- Low Carbon Ferro Chrome Low Carbon Ferro Chrome manufactured at SRC Chemicals Pune unit as part of India's 'Make in India' initiative, expanding the group's ferro alloy range alongside Ferro Molybdenum.
Quantifiable outcome
- 5.4+ million metric tons of ferro alloys and fluxes processed
- +2 more outcomes
Companies that use SR Group
Customer profileNamed customers15 records
Segments8 records
Ideal customer profiles2 records
SR Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
SR Group partnerships and signals
Strategic signalScale indicators9 records
Recent moves11 records
Expansion highlights5 records
SR Group competitors and assessment
Company assessmentDirect peers
- Visa Steel: Indian manufacturer of ferro chrome and other ferro alloys serving stainless and carbon steel producers. Comparable in scale and customer overlap with SR Group's LC FeCr and FeMo offerings.
- Maithan Alloys: Indian ferro alloy manufacturer (ferro manganese, silicon manganese, ferro chrome, ferro silicon) supplying steelmakers. Directly comparable as a domestic ferro alloy peer with similar steel-industry customer base.
- Indian Metals & Ferro Alloys (IMFA): India's largest producer of ferro chrome and one of the leading integrated ferro alloy manufacturers. Directly comparable as an Indian ferro alloy producer serving steel customers, though IMFA is more concentrated in chrome alloys while SR Group spans ferro moly, ferro vanadium, and fluxes.
- Indsil Hydro Power and Manganese: Indian manufacturer of ferro manganese, silicon manganese, and ferro silicon supplying steel plants. Comparable as a domestic ferro alloy peer serving the same steel-industry verticals.
- Nava Bharat Ventures: Indian diversified group with ferro alloys and power operations serving steel and infrastructure customers. Comparable product overlap in ferro alloys and similar B2B industrial sales motion in India.
- AMG Advanced Metallurgical Group: Dutch-listed producer of specialty metals and ferro alloys (including ferro vanadium, ferro molybdenum). Closely comparable on ferro alloy product mix and steel-industry customer base, though with global scale.
Emerging players
- Shree Bajrang Alloys: Indian manufacturer of ferro alloys and a smaller, more concentrated player. Comparable as an emerging domestic peer with overlapping ferro alloy product offerings for Indian steel customers.
Others
- Graymont: One of the largest lime producers in North America and the Asia-Pacific region. Comparable in calcined and hydrated lime product lines that SR Group produces through Shree Ram Lime Products.
Broad incumbents
- Eramet: French mining and metallurgical group producing manganese, nickel, and ferro alloys for the steel industry. Comparable as a broad incumbent in the global ferro alloy market that SR Group would encounter in export markets.
- Lhoist Group: World's largest producer of lime and lime-based products with global operations. Comparable as a broad incumbent in the lime/calcined lime segment that SR Group's Shree Ram Lime subsidiary competes against in both domestic and export markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
SR Group social profiles
Digital presenceSR Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
SR Group leadership team
Management profileNumber of profiles
Profiles1 record
SR Group subsidiaries and ownership
Company hierarchySubsidiaries5 records
SR Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SR Group 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 SR Group
What does SR Group do?
SR Group manufactures and supplies ferro alloys (Ferro Molybdenum, Ferro Vanadium, Molybdenum Oxide Briquettes, Low Carbon Ferro Chrome) and fluxes (Fluorspar in powder/lump/briquette forms, Calcined Lime, Calcined Lime Powder, Hydrated Lime, Calcined Dolomite, Dolomite Stone Powder, Amorphous Graphite, Limestone) for steel, paper, aluminum, and chemical industries. Products are produced at manufacturing facilities in Pune, Vizag, Hospet, Jodhpur, Khimsar, Dausa, and Karnataka with combined capacity exceeding 560,000 MTPA, serving 50+ enterprises domestically and exporting to 18+ countries.
Is SR Group a public or private company?
SR Group is a private company. It is classified as family owned and is currently operating.
When was SR Group founded?
SR Group was founded in 1991. It employs 101 to 250 people.
Where is SR Group based?
SR Group is headquartered in Pune, India, in the Asia region.
How does SR Group make money?
Three revenue lines are on record. Ferro Alloys Sales are the primary driver. The others are fluxes Sales and international Export.
Who are SR Group's main competitors?
Direct peers on record are Visa Steel, Maithan Alloys, Indian Metals & Ferro Alloys (IMFA), Indsil Hydro Power and Manganese, Nava Bharat Ventures and AMG Advanced Metallurgical Group. Shree Bajrang Alloys is listed as an emerging player. Graymont is listed as an others. Broad incumbents are Eramet and Lhoist Group.
Does SR Group have an API?
No public API is recorded for SR Group.
What industry is SR Group in?
SR Group's product category is Industrial Minerals & Ferro Alloys Manufacturing. Its primary akta.pro industry code is IMAKAJAF, Industrial Minerals Trading (Phosphate, Potash, Sulfur, Borates, Barite, Talc), with a secondary code of IMAKAJAA, Ferrous Metals Trading & Distribution (Iron Ore, Pig Iron, DRI/HBI, Ferroalloys). Its NAICS code is 327992 and its SIC code is 5050.