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 captive coking coal mines in Australia. |
Our Presence: Gujarat NRE Coke leverages its low cost resource advantage in Australia to feed the fast-growing markets of India, South America and South Africa, among others. |
Our Strategy: The strategy of Gujarat NRE is 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 and strategic stakes in Australian and New Zealand resource companies), rich intellectual capital and focused management. |
Our Customers: At Gujarat NRE Coke, we cater to the needs of both global and domestic companies such as, BHP Billiton, CSN (Brazil), Tata Metalics Limited, Tata Chemicals Limited, Kalyani Steels Limited, Hindustan Zinc Limited, Saurashtra Chemicals Limited, Gujarat Heavy Chemicals Limited, Nirma Limited and Jindal Saw Limited to name a few. |
Our Financials: At Gujarat NRE Coke, we are proud of our proven financial track record. While our profits recorded a CAGR of 64%, with PAT (Profit after Tax) growing from 4.5 crores in March 2001 to 210.41 crores in the quarter ended December 2008. In the year ended March 2008, Net Sales grew by 1.70 times to 872.15 crores and net profit after tax stood at 172.88 crores, up by 3.10 times, the preceding year. |
Our Shareholder Focus: Gujarat NRE Coke has always believed in creating wealth and sharing the same with our share holders. The company featured among the top three wealth creators in India in a Business World survey (dated 16 July 2007). The company has given 5 bonuses in the last 6 years and has consistently paid dividends on the enhanced equity base, thereby increasing the receipts in the hands of the stakeholders. The company has paid dividend totaling to Rs. 216.76 crores in last eight years. Against an investment of Rs.3.75 per share in June 2001, the investor received a total dividend of Rs.67.23 per share plus holding shares worth Rs.226 (adjusted for bonus issues) at market price prevailing as on 6th March 2009, thereby depicting a compounded return of 96% per annum over last 8 years on an average. |
Our Listing: The Gujarat NRE stock is actively traded on the National Stock Exchange and Bombay Stock Exchange. |
Our Asset Base |
Low-ash metallurgical coke (LAMC) – Met Coke- plants
Operational:
Khambhalia, Gujarat – installed capacity of 0.358 MMTPA
Bhachau, Gujarat – installed capacity of
0.324 MMTPA
Dharwad, Karnataka (a unit of
BNCL, operated GNCL) – installed
capacity of 0.324 MMTPA
Under commissioning:
Dharwad,
Karnataka – capacity of 0.248
MMTPA
Total capacity:
1.25 million tons per annum
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Coking Coal Mines:
New South Wales, Australia – Total resource of about 560 MMT
NRE No 1 Colliery – resources of over 300 MMT
NRE Wongawilli Colliery – consolidation of erstwhile NRE Avondale Colliery and Elouera Colliery – resources of about 260 MMT
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Coal Washery:
Khambhalia, Gujarat – installed capacity of 0.750 MMTPA
Bhachau, Gujarat – installed capacity of 0.750 MMTPA |
Steel Plant:
Bhachau, Gujarat – 0.311 MMTPA of rolled and alloy steel products |
Power:
Wind – installed capacity of 87.5 MW
Under commission – Waste heat recovery power plants of a total consolidated capacity of 60 MW at Khambhalia, Bhachau and Dharwad. |