ABOUT METAL COATINGS (INDIA) LTD.

METAL COATINGS (INDIA) LTD. is a public limited company promoted by Khandelwal family in December 1994. The company is engaged in Manufacturing of Cold Rolled Steel Strips/Coils and HRPO steel strips/coils. These products are used by wide range of user industries such as Auto Component, White Goods and Electrical Equipments etc. The company supplies the goods to many reputed companies in the domestic industry covering Satyam Auto Components Ltd., Talbros Automotive Components, Maharaja Appliances, Avon Tubetech, R. R. Autotech, Neolite Industries, etc.

DIRECTORS' PROFILE

    Mr. Ramesh Chander Khandelwal,Whole Time Director
    He is a Mechanical Engineer. He takes care of manufacturing function and also decides on key technical aspects of operations. His dedication and commitment to the growth of the company as well as his technical expertise in C.R. manufacturing and galvanising has helped the company in substantially improving the efficiencies with minimum investments in infrastructure. Owing to his leadership skills, he was also elected as General Secretary of Faridabad Chamber of Commerce and Industries.
    Mr. Pramod Khandelwal, Managing Director
    He is a Chartered Accountant. He looks after Commercial, Financial and Marketing functions of the Company, besides leading new ventures. He controls and looks after all the financial, commercial and marketing aspect of the Company. His knowledge of the steel industry as well as the insight into the auto component and consumer durables market has helped the company in taking pro-active steps well before competition.
    Mr. A. P. Khandelwal, Director
    He is Ex-Chairman of a Central Public Sector Undertaking. He started his career as an executive in “Shriram Group” and later on served as a Chief of Finance /Administration of various PSU’s. His vast experience & wide contacts with Corporates acts as a major guiding force behind the company.
    Mr. V. K. Hajela, Independent Director
    He is a M. Com., CAIIB, FCS. He has years of experience in a variety of industries including engineering, chemicals, synthetic fiber, rubber, glass, electronics and telecommunications. He was Executive Director on the Supervisory Board of RPG Enterprises and had responsibility for all the companies in the RP Goenka Group in the business of Telecommunications, Information Technology and Glass Industry.
    Mr. S. K. Gupta Independent Director
    He is a commerce graduate and has experience in engineering and fast moving consumer goods industries.
    Ms. Neha Gupta Independent Director
    She is a commerce graduate and MBA (Finance)and has years of experience in accounts and finance.
    The promoters personally monitor each critical aspects of the business and are well supported by team of competent, dedicated professional and technical in production and other functional area of business.
    INDUSTRY OUTLOOK The product of the Company are used predominantly in the Auto Components, white goods and in Power Transmission (Cables) industries. With the Indian economy growing rapidly, huge investments in the power sector is expected and consequently a good demand for power cables is expected, which in turn will steer the Galvanised Wire/strips sales of the Company. Besides Power Cables, the company caters to the automotive components and the white goods sectors, both of which have a promising growth potential. The rural penetration of white goods continues to be extremely low in India inspite of a surge in the purchasing power in the rural economy. As power availability improves, the demand for white goods in the rural economy shall drive the demand for the same in the country thereby leading to a demand for the products of the Company.