• Ferrochrome production targets: IMFA is targeting 380,000 tonnes of ferrochrome production in FY27 and 475,000 to 500,000 tonnes in FY28, aiming to exit CY2026 with a run rate close to 0.5 million tonnes.
• Captive ore raising: Captive chrome ore production is targeted to expand from approximately 0.6 million tonnes to 1 million tonnes in FY27, fully feeding the expanded 0.5-million-tonne capacity without outside purchases.
• Sales mix shift: Over the next 12 to 18 months, the company plans to transition its export-to-domestic sales mix from 90%–95% exports to roughly 60:40, redirecting over 200,000 tonnes of ferrochrome to the domestic market.
• Realizations and margins: Realizations are buoyant at around ₹1,18,000 to ₹1,19,000 per tonne, with domestic sales expected to improve the working capital cycle while margin profiles remain consistent due to minimal duty protection of 3% to 5%.