Dear Valued Stakeholders,
It gives me great pride to present to you the Annual Report of Arfin India Limited for
the financial year 2024 25, a year that has not only marked significant milestones in our
journey but has also reaffirmed our core values of resilience, innovation, and purposeful
growth.
This year, we witnessed a remarkable phase of transformation and performance. Despite
the global economic uncertainties, volatile markets, Arfin delivered its highest-ever
sales, driven by strong domestic demand, operational excellence, and strategic foresight.
Our ability to anticipate change, adapt swiftly, and act decisively has once again
demonstrated the strength of our foundation and the clarity of our vision.
Our strategic decisions be it optimizing our product portfolio, embracing digital
integration, or enhancing our export footprint have enabled us to create greater value for
our customers, partners, employees, and shareholders. Furthermore, we have made tangible
progress in our sustainability and compliance commitments, reinforcing our dedication to
responsible business practices.
As we look to the future, our vision is clear. Arfin is well-positioned to capture
emerging opportunities, enter new markets, and accelerate innovation-led growth. We remain
focused on driving excellence across all dimensions of our business financial strength,
operational discipline, environmental stewardship, and stakeholder engagement.
Financial and Operational Highlights
FY 2024 25 marked a pivotal year in Arfin India Limited's journey one defined by
record-breaking performance, strategic evolution, and operational excellence. Despite
global economic uncertainties and market volatility, we achieved our highest-ever sales,
reflecting the strong demand for our offerings across both domestic and international
markets. Our focused approach towards portfolio optimization, including the reduction of
lower-margin segments, helped strengthen our profitability and sharpened our competitive
edge. Operationally, we advanced on multiple fronts implementing lean manufacturing
practices, digitizing core processes, and enhancing efficiency across our supply chain.
Arfin, a leading name in the industry, continues to strengthen its position as a steadily
growing player in the aluminium sector, particularly in Aluminum Deox and Wire Rods
products.. Financial discipline, improved working capital management, and stronger cash
flows contributed to a more robust and agile balance sheet. Innovation and product
development remained central to our strategy, as we continued to align our offerings with
evolving market needs and global quality standards. As we look ahead, Arfin stands
well-positioned to seize emerging opportunities with confidence and agility. Our focus
remains unwavering on delivering long-term value, driving operational excellence, and
building a resilient, high-performing organization.
In terms of performance, Arfin India reported Gross Sales of 70,920 lakhs and a
Profit After Tax of 915 lakhs during the year. EBITDA stood at 3,826 lakhs, marking a
robust year-on-year growth of 19% compared to 3,220 lakhs in FY 2023 24.
Heartfelt Thanks
As we reflect on the accomplishments and milestones of the past year, I would like to
take this opportunity to extend my deepest gratitude to all those who have been an
integral part of Arfin's journey.
To our shareholders and investors, thank you for your unwavering trust and belief in
our vision. Your continued support strengthens our resolve to pursue excellence, embrace
innovation, and deliver sustained value year after year.
To our clients and customers, your confidence in our capabilities and your enduring
partnerships are the cornerstones of our growth. Your evolving needs and expectations
continue to inspire us to raise the bar, enhance our offerings, and remain agile in an
ever-changing world.
To our business partners, vendors, and collaborators, we are deeply appreciative of
your commitment, dependability, and shared aspirations. Your cooperation has played a
pivotal role in enabling us to execute our strategies effectively and expand our
collective impact.
To our employees, the true driving force behind our success thank you for your passion,
resilience, and relentless pursuit of excellence. Your dedication to quality, integrity,
and continuous improvement empowers us to not only meet our goals but to exceed them.
To all our regulatory bodies, industry associations, and communities, thank you for
your guidance, engagement, and trust. Your presence reminds us of our responsibilities
beyond profits - to operate with purpose, ethics, and responsibility.
The year gone by was marked not only by record-breaking achievements but also by
meaningful progress toward becoming a more agile, sustainable, and forward-looking
organization. None of this would have been possible without the collective efforts and
belief of each one of you.
On behalf of the entire Board of Directors and the leadership team, I thank you once
again for being part of our story.
THANK YOU!
Mahendra R. Shah
Chairman and Whole Time Director Arfin India Limited