About Almora Magnesite
Almora Magnesite is an Industrial Goods & Manufacturing company. Magnesite mining, processing, and supply of industrial and construction materials in India. It operates in the Industrial Goods & Manufacturing and Real Estate & Construction sectors. The company has 352 employees. Its Indian entity Almora Magnesite Limited reported revenue of ₹31.41 Cr. Almora Magnesite offers products and services including Dead Burnt Magnesite and Cement Concrete Bricks. Its focus areas include Mining and Resources, Mineral Extraction, Magnesite Production and Refractory Materials.
Company details
Almora Magnesite is recognized as one of the largest producers of Magnesite in India, holding estimated reserves of about 8.84 million tonnes. It has been involved in mining and mineral processing for over 50 years, where products such as Dead Burnt Magnesite and Calcined Magnesite are manufactured and supplied to sectors including iron and steel, fertilizers, and cosmetics. Additionally, construction materials like cement concrete bricks and aggregates are provided to meet infrastructure needs. Ethical practices and quality focus are maintained, with commitments to safety and environmental compliance being integral to operations.
- Employees 352
- SectorsIndustrial Goods & ManufacturingReal Estate & Construction
- Email••••••••
- Social LinkedIn
- Legal Name Almora Magnesite Limited
- Date of Incorporation 27 Aug, 1971
- Jurisdiction Almora, Uttarakhand, India
- Indian entity revenue₹31.41 Cr
FY 2022 · +43% YoY
- Indian entity net profit₹43.2 Lakh
FY 2022 · 1% margin
- Indian entity EBITDA₹1.08 Cr
FY 2022 · 3% margin
- Employee Count352
Associated legal entities of Almora Magnesite
Almora Magnesite operates through Almora Magnesite Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Almora Magnesite Limited CIN U26941UR1971PLC003453 | Active | 27 Aug 1971 | Almora, Uttarakhand | ₹31.4 Cr | 352 | 7 | View details |
Products & Services of Almora Magnesite
Almora Magnesite offers a comprehensive portfolio of products and services, including Dead Burnt Magnesite and Cement Concrete Bricks.
This product is utilized as a basic refractory material in various industrial applications.
These are supplied to support infrastructure projects, including bricks, blocks, and aggregates.
Board of directors of Almora Magnesite Limited (Almora Magnesite)
Almora Magnesite Limited is the primary company behind Almora Magnesite. The board of Almora Magnesite Limited currently have 6 directors; the longest-serving is Yogesh Kumar Sharma, appointed in 2014. 54 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Yogesh Kumar Sharma DIN 06774058 | Managing Director | 01 Jan 2014 | 12 yrs 9 mo | Almora Magnesite Limited |
| Praveen Nigam DIN 08540737 | Additional Director | 16 Aug 2022 | 4 yrs 2 mo | Almora Magnesite Limited |
| Rakesh Kumar Singh DIN 09704358 | Additional Director | 16 Aug 2022 | 4 yrs 2 mo | Almora Magnesite Limited |
| Tarapada Dash DIN 06716803 | Director | 30 Sep 2024 | 2 yrs | Almora Magnesite Limited |
| Bhagaban Parida DIN 10792706 | Director | 30 Sep 2024 | 2 yrs | Almora Magnesite Limited |
| Kanhu Charan Pradhan DIN 10792711 | Director | 30 Sep 2024 | 2 yrs | Almora Magnesite Limited |
Financials of Almora Magnesite
Figures of Almora Magnesite Limited, the primary company behind Almora Magnesite, for FY 2022. Revenue was ₹31.41 Cr (+43% year on year). Net profit was ₹43.2 Lakh (1% margin). EBITDA was ₹1.08 Cr (3% margin). Revenue has grown at a compounded annual rate of -4% over three years and +5% over five years.
- ₹31.41 CrRevenue · FY 2022 · +43% YoY
- ₹43.2 LakhNet profit · 1% margin
- ₹1.08 CrEBITDA · 3% margin
- ₹2.00 CrPaid-up capital
- 352Employees (provident fund records)
- -4%Revenue CAGR, 3 years
- +5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Almora Magnesite Limited are on its company page.
Detailed financial statements for Almora Magnesite
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Frequently Asked Questions about Almora Magnesite
Almora Magnesite has 352 employees.
The primary company behind Almora Magnesite, Almora Magnesite Limited, reported revenue of ₹31.41 Cr for FY 2022, up 43% year on year.
Almora Magnesite is recognized as one of the largest producers of Magnesite in India, holding estimated reserves of about 8.84 million tonnes. It has been involved in mining and mineral processing for over 50 years, where products such as Dead Burnt Magnesite and Calcined Magnesite are manufactured and supplied to sectors including iron and steel, fertilizers, and cosmetics. Additionally, construction materials like cement concrete bricks and aggregates are provided to meet infrastructure needs. Ethical practices and quality focus are maintained, with commitments to safety and environmental compliance being integral to operations.
Almora Magnesite offers Dead Burnt Magnesite and Cement Concrete Bricks.
Almora Magnesite operates through Almora Magnesite Limited.
The legal entities of Almora Magnesite currently have 7 directors, including Praveen Nigam, Tarapada Dash, Yash Stephens and others.