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Jindal Supreme’s crash barriers and GI tubular poles supplied 22.07% of FY2026 total revenue, while galvanised pipes fell from 44.25% in FY2024 to 26.54%.
Abhishek Jindal’s stake rose from 10.32% to 80.97% in two years after a 20:1 bonus issue and 1,10,04,941 gifted shares.
Jindal Supreme permits foreign investment up to 100% under the automatic route, while June 2026 rules allow overseas individuals below 10% each and 24% collectively.
Jindal Supreme relies on one Hisar facility with 90,000 MT annual black-pipe capacity in Fiscal 2026, without a formal recovery plan or business-interruption insurance.
Indian stainless steel kitchenware industry is projected to grow 8.2% annually to Rs 33,700 crore by FY2030E, above the overall market’s 7.8% rate.
Maharaja & Speedex India Limited acquired Dewdrop Bottles and Speedex Online for Rs 5.04 crore in 2025, including Rs 3.54 crore for Speedex Online.
The Company identified four promoters in March 2026 with a 43.31% pre-Issue holding, 13.94 percentage points above the original pair’s 29.37% stake.
Maharaja & Speedex sourced 87.38% of Fiscal 2026 purchases, worth Rs 73.85 crore, from 10 suppliers for critical stainless-steel procurement.
Maharaja & Speedex plans to raise annual bottle capacity 44% to 90.48 lakh bottles, using Rs 21.4158 crore for machinery at existing leased units.
Speedex's January 2026 1,200:1 bonus issue added 1,28,88,000 shares, lifting equity from 10,740 to 1,28,98,740 after Rs 70,000 rights issues.
Maharaja & Speedex cut March 2025 restated net worth by Rs 1.20 crore, chiefly reflecting a Rs 98.31 lakh unrealised inventory-profit elimination.
Maharaja & Speedex reported Rs 19.19 crore FY26 pre-tax profit but only Rs 3.66 crore operating cash, as inventory and receivables absorbed Rs 23.36 crore.
Maharaja & Speedex generated Rs 67.30 crore, or 54.87% of Fiscal 2026 revenue from operations, through OEM and private-label manufacturing.
India’s stainless-steel kitchenware imports nearly doubled to 23.73 million units in FY2025, while China supplied 54.99% of the USD 39.61 million import value.
Maharaja & Speedex generated 88.85% of product revenue in-house in Fiscal 2026, from zero in Fiscal 2024, following Dewdrop Bottles’ January 2025 acquisition.
Vivekanand Cotspin cut long-term borrowings by Rs 16.9025 crore in FY26, while short-term borrowings rose Rs 7.1386 crore to Rs 32.4083 crore.