Mittal Sections Ltd (544575) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Mittal Sections was originally formed as Partnership Firm under the name and style of ‘Mittal Steel Industries’ on November 01, 2006. Subsequently, the constitution of partnership firm was changed on July 29, 2008 for admission of partners. Subsequently, the name of partnership firm was changed from ‘M/s. Mittal Steel Industries’ to ‘M/s. Mittal Sections’ on August 02, 2008. Subsequently, vide partnership agreement dated March 31, 2009 and pursuant to a resolution passed in the meeting of the partners held on March 31, 2009, ‘M/s. Mittal Sections’ was converted from a partnership firm to a joint stock company with name ‘M/s Mittal Sections Limited’ in accordance to Part IX of the Companies Act 1956 and a Certificate of Incorporation dated April 02, 2009, was issued by Registrar of Companies, Gujarat, Dadra and Nagar Haveli. 

The company is a leading manufacturer of an extensive range of Mild Steel sections and structural steel products, including MS Flat Bars, MS Round Bars, MS Angles, and Channels. These products are produced in compliance with various BIS standards, primarily IS 2062:2011, ensuring consistent quality and high performance across all applications. It manufactures products in different grades, such as E250A offering versatility to meet the diverse needs of its clients across multiple industries. The sizes it provides cover a wide spectrum, allowing for customized solutions in both small-scale and large-scale construction and industrial projects. Its entire product line is marketed under its registered brand name, ‘MSL-MITTAL’, which stands for quality, durability, and adherence to industry standards. It is dedicated to producing high-quality steel products that meet rigorous specifications, ensuring its clients receive dependable and durable materials for their projects. 

Its product portfolio includes a diverse range of Mild Steel Flat Bars, Mild Steel Round Bars, Mild Steel Angles, and Channels, which cater to a broad spectrum of customers, including industrial clients and end-users. These products are integral to various sectors, such as construction, infrastructure development, manufacturing, automotive, and general engineering. Mild steel structural and sectional products like flat bars, round bars, angles, and channels are essential for fabricating frameworks, reinforcement structures, machinery, and equipment, making them versatile in a range of applications due to their strength, durability, and ease of fabrication.

It distributes its products through a well-established network of brokers and dealers, ensuring its materials reach a wide range of customers, from large industrial corporations to small-scale fabricators and contractors. This broad distribution network enhances the availability of its products across different regions and sectors, supporting varied project requirements from large infrastructure developments to smaller construction projects.

Business area of the company

The company is engaged in the business of Manufacturing of Steel Products and Wholesale Trade of metals and metal ores. The company is a leading manufacturer of an extensive range of Mild Steel sections and structural steel products, including MS Flat Bars, MS Round Bars, MS Angles, and Channels. It manufactures products in different grades, such as E250A offering versatility to meet the diverse needs of its clients across multiple industries. The sizes it provides cover a wide spectrum, allowing for customized solutions in both small-scale and large-scale construction and industrial projects.

Products of the company

• MS Angle
• MS Flats
• MS Round Bar
• MS Channel

History and milestones

• 2009: Incorporation of the Company (By conversion of Partnership firm in to Limited Company.
• 2009: Changes in Memorandum of Association and Articles of Association Upon conversion of Partnership Firm to Public Limited Company.