Gujarat NRE Coke is a vertically integrated global resource company
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Our Corporate Identity
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Our Asset Base
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Our Corporate Identity |
Our Business: Gujarat NRE Coke Ltd (GNCL) is the largest independent producer of low ash metallurgical coke (Met Coke) in India. It also enjoys the unique distinction of being the first company in the country to possess and operate captive coking coal mines in NSW, Australia. |
Our Presence: Gujarat NRE Coke leverages its low cost resource advantage in Australia to feed the fast-growing markets of India, China, South America and South Africa, among others. |
Our Strategy: The strategy of Gujarat NRE is strongly focused on growth – both through the expansion of existing business and mergers and acquisitions. |
Our Strengths: At Gujarat NRE Coke, we pride in our large-scale, dispersed customer-centric facilities (two in Gujarat and one in Karnataka), access to low-cost raw materials (captive mines in Australian), rich intellectual capital and focused management. |
Our Financials: At Gujarat NRE Coke, we are proud of our proven financial track record. There has been five fold jump in the consolidated net profit of the Company for the year ended 31st March, 2011. (109.17 Crores in 2010-11 as against Rs 20.40 crores in 2009-10). The total income for the year 2010 -11 stood at 1812.63 crores, an increase by 26% over the previous year. The quarterly results have also been impressive: The net profit after tax in the first quarter of 2011 i.e June 2011 has nearly doubled (Rs 38.66 Crores as against Rs 20.04 crores in YOY Quarter) reflecting the strong growth momentum in the performance of the company. |
Our Shareholder Focus: Gujarat NRE Coke has always believed in creating wealth and sharing the same with our share holders. The company has given 6 bonuses in the last 8 years and recent one being in the form of Differential Voting Right shares which is unique and one of its kind – a record of sorts by any Corporate. The Company has consistently paid dividends on the enhanced equity base, thereby increasing the receipts in the hands of the stakeholders. The company has paid dividend (including tax) totaling to Rs. 342 crores (approx.) in last ten years.
An investment of Rs. 1 lakh in Gujarat NRE Coke on 1st August 2000, after having got a cash dividend totaling to Rs. 40 lakhs (approx.) in last 10 years is worth Rs.2.81 crores (approx.) as on 7th April 2011, which represents a compounded annual return of 75.74% p.a. for a long term investor. |
Our Listing: The Gujarat NRE stock is actively traded on the National Stock Exchange(NSE) and Bombay Stock Exchange(BSE). |
Our Asset Base |
Low-ash metallurgical coke (LAMC) – Met Coke plants in India
Total installed capacity: 1.43 MTPA:
- Khambhalia, Gujarat – installed capacity of 0.358 MTPA
- Bhachau, Gujarat – installed capacity of 0.324 MTPA
- Bhachau, Gujarat (leased) – installed capacity of 0.180 MTPA
- Dharwad, Karnataka – installed capacity of 0.248 MTPA
- Dharwad, Karnataka (leased) – installed capacity of 0.324 MTPA
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Coking Coal Mines in New South Wales, Australia – Total JORC Resources of 652 MT
- NRE No 1 Colliery – resources of 315 MT
- NRE Wongawilli Colliery – resources of 337 MT
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Coal Washery:
Total Installed capacity – 2.4 MTPA
- Khambhalia, Gujarat – installed capacity of 0.75 MTPA
- Bhachau, Gujarat – installed capacity of 0.75 MTPA
- Dharwad, Karnataka – installed capacity of 0.90 MTPA
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Steel Plant:
Bhachau, Gujarat – 0.311 MTPA of rolled and alloy steel products |
Power:
Wind – installed capacity of 87.5 MW
Waste Heat Recovery Power Plants – 60 MW (Under commission) at Khambhalia, Bhachau and Dharwad. |