INDSIL Hydro Power & Manganese

Name

INDSIL Hydro Power & Manganese

Legal name

Indsil Hydro Power and Manganese Limited

Website

https://indsil.com

Company type

Public

Founded year

1990

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Silico Manganese Ferroalloys

NAICS

Nonferrous Metal (except Aluminum) Production and Processing (3314), Primary Metal Manufacturing (331)

SIC

Primary Smelting & Refining Of Nonferrous Metals (3330)

akta.pro primary industry

Manganese Ore Mining & Concentrates (IMAKAFAF)

Keywords

• Ferroalloy manufacturing
• Silico manganese production
• Captive hydro power
• Stainless steel alloys
• Special steel inputs

Headquarters

HQ city

Coimbatore

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Infrastructure, Personnel, Others

Revenue model

1. Silico Manganese Sales: Manufacturing and sale of low carbon silico manganese and high carbon silico manganese to stainless steel and special steel manufacturers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Indsil Hydro Power and Manganese Limited manufactures and sells low-carbon and ultra low-carbon silico manganese used as alloying inputs in stainless steel and special steel making, produced at two Indian smelters with combined capacity of 21,200 tonnes per year (14,000 tpy at Palakkad, Kerala and 7,200 tpy at Vizianagaram, Andhra Pradesh). Production is integrated with a 21 MW captive hydro electric power plant at Rajakkad, Idukki District, Kerala, providing low-cost electricity to the smelting operations.

Product overview

INDSIL Hydro Power and Manganese Ltd operates as a low-carbon silico manganese producer with a combined annual production capacity of 21,200 tonnes across two ferro alloy smelters. The Palakkad smelter (14,000 tpy HC Silico Manganese) is integrated with a 21 MW captive hydro power plant at Rajakkad, Kerala, while the Vizianagaram smelter (7,200 tpy) is located in Andhra Pradesh. The captive power generation enables the company to maintain low-cost operations while delivering high-quality silico manganese products essential for stainless steel and special steel manufacturing.

Differentiator

Problem solved

Functional benefit

Products and services

• HC Silico Manganese (Palakkad Smelter) High-carbon silico manganese produced at the Palakkad smelter in Kerala with 14,000 tonnes per year installed capacity, sold as an alloying agent to stainless steel and special steel manufacturers where it improves productivity by eliminating the decarburization step. The Palakkad smelter is integrated with the company's 21 MW captive hydro power plant at Rajakkad.
• Silico Manganese (Vizianagaram Smelter) Silico manganese produced at the Vizianagaram (Garbham) smelter in Andhra Pradesh with 7,200 tonnes per year installed capacity, sold to stainless steel and special steel manufacturers requiring consistent ferroalloy inputs.
• 21 MW Hydro Captive Power Plant (Rajakkad) 21 MW hydro electric power plant located at Rajakkad in Idukki District, Kerala, operating as a captive generation facility integrated with the Palakkad silico manganese smelter. The plant underpins the group's positioning as a low-cost, high-quality supplier in the global low-carbon silico manganese industry by providing reliable, low-cost electricity for energy-intensive smelting operations.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered operational and former subsidiary.

• M/s S.K.D.C. Consultants LimitedoperationalOthers · 1 June 2024Registrar and Share Transfer Agent (RTA) providing share registry services. Formerly known as S.K.D.C. Consultants Limited, now a subsidiary of Link Intime India Pvt Ltd. Recently rebranded as MUFG Intime India Private Limited.
• Al-Tamman Indsil Ferro Chrome LLCformer subsidiaryOthersFormer joint venture/subsidiary in ferro chrome. The company sold its entire stake in this entity in June 2024 as part of strategic portfolio rationalization.
• Indsil Energy Global FZEformer subsidiaryOthersFormer foreign subsidiary that was closed in December 2023 as part of corporate restructuring.

Scale indicators4 records

Recent moves10 records

Expansion highlights3 records

Direct peers

• Asian Ferros Alloys: Indian ferroalloy producer focused on silico manganese and ferro manganese. Smaller, niche player with comparable product focus and stainless steel customer base.
• Visa Steel: Indian ferroalloy and specialty steel producer with ferro chrome and manganese alloy operations. Comparable in product line and stainless steel end-market, though with downstream integration.
• MOIL Limited: India's largest manganese ore miner and a key upstream supplier of manganese ore to silico manganese producers. Comparable as the primary domestic source of manganese feedstock for INDSIL's smelters.
• Maithan Alloys: One of India's largest listed silico manganese and ferro chrome producers with integrated captive power. Highly comparable to INDSIL in product mix, end-market (stainless steel), and captive energy strategy.
• FACOR (Ferro Alloys Corporation): India's oldest ferro chrome producer with silico manganese and charge chrome output. Comparable in ferroalloy product mix and Indian manufacturing base.
• Balasore Alloys: Indian-listed producer of silico manganese, ferro chrome, and other ferroalloys serving stainless steel producers. Comparable product portfolio, scale, and Indian manufacturing footprint.

Broad incumbents

• South32: Global mining and metals major with significant manganese ore and alloy operations (Australia, South Africa). Comparable as a global manganese industry participant representing international scale and commodity-exposure benchmark.
• Jindal Stainless: India's largest stainless steel producer and a major buyer of low-carbon silico manganese. Comparable as a downstream consumer; not a direct competitor but a key customer-profile analogue.
• Tata Steel Long Products: Part of the Tata group, with ferroalloy interest as part of its broader steel manufacturing footprint. Comparable end-market exposure but operates at much larger scale and with vertical integration.

Emerging players

• Erdos Group (Ejin Horo Banner Erdous Metallurgical): One of the world's largest producers of silicon metal and manganese alloys based in Inner Mongolia, China. Comparable end-products and global ferroalloy market positioning, though at vastly larger scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/indsil-hydro-power-and-manganese-ltd-indsil-group-

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 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 INDSIL Hydro Power & Manganese