• Capacity and utilization: Total capacity stands at about 6.05 lakh tonnes with overall utilization at 70%, while newly added plants for billets, sheet ingots, and beverage can recycling can achieve up to 95% utilization.
• Market share targets: The company holds a 45% market share in the auto recycled aluminum segment and 17% in the overall recycling space, with a target to expand overall market share to 20–25% over the next 3–4 years.
• Debt-equity outlook: The debt-to-equity ratio rose to 0.76 due to recent large capex and higher metal prices, but management expects it to return to historical levels of around 0.5 as new capacities ramp up.
• Raw material sourcing: Around 45–47% of scrap is sourced from the United States through a wholly owned subsidiary, complemented by procurement from thousands of yards across more than 73 countries to minimize supply risk.
• Capex and funding: After investing ₹500 crore in capex over the last two years, future expansion will continue to be funded entirely through internal accruals without requiring primary capital from the IPO.