About FACOR
FACOR is an Industrial Goods & Manufacturing company based in Jajpur (India) founded in 1956, and was acquired by Vedanta in January 2020. Ferro alloys and stainless steels are produced and exported. The company has 135 employees. Its chief executive, as recorded, is Ashish Saraf. Its Indian entity Ferro Alloys Corporation Limited reported revenue of ₹954 Cr. FACOR offers products and services including Ferro Chrome and Chrome Ore Mining. Its focus areas include Chemicals and Materials, Metals and Alloys and Steel.
Company details
The company was established in 1956 and is headquartered in Jajpur, India. Operations focus on the production and export of ferro alloys and stainless steels within the metals industry. Ferro alloys are manufactured to support steelmaking processes, while stainless steels are developed for various industrial applications. Exports are directed to international markets, with management led by CEO Ashish Saraf. Activities are centered on maintaining supply chain efficiency in the sector.
- Headquarters Jajpur, India
- Employees 135
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website facorgroup.in
- Social LinkedIn X Facebook Instagram
- Acquired by Vedanta (Jan 2020)
- Legal Name Ferro Alloys Corporation Ltd
- Date of Incorporation 27 Sep, 1955
- Jurisdiction Odisha, India
Associated legal entities of FACOR
FACOR operates through Ferro Alloys Corporation Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ferro Alloys Corporation Limited CIN U45201OR1955PLC008400 | Active | 27 Sep 1955 | ₹954 Cr | 135 | 9 | View details |
Products & Services of FACOR
FACOR offers a comprehensive portfolio of products and services, including Ferro Chrome and Chrome Ore Mining.
Ferro Chrome is produced and supplied for use in steel manufacturing processes
Chrome Ore is extracted and provided for industrial applications
Investors in FACOR
FACOR has secured backing from 1 investor. Prominent investors backing the company include Vedanta.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Operations are focused on mining, metal refining, and power generation. | 1979 | vedantalimited.com | Delhi, India |
Investor details for FACOR
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Board of directors of Ferro Alloys Corporation Limited (FACOR)
Ferro Alloys Corporation Limited is the primary company behind FACOR. The board of Ferro Alloys Corporation Limited currently have 6 directors; the longest-serving is Pallavi Joshi Bakhru, appointed in 2020. 43 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pallavi Joshi Bakhru DIN 01526618 | Director | 21 Sep 2020 | 6 yrs 1 mo | Ferro Alloys Corporation Limited |
| Akhilesh Joshi DIN 01920024 | Director | 21 Sep 2020 | 6 yrs 1 mo | Ferro Alloys Corporation Limited |
| Arun Misra DIN 01835605 | Director | 21 Sep 2020 | 6 yrs 1 mo | Ferro Alloys Corporation Limited |
| Narayanaswamy Alampallam Ramakrishnan DIN 00818169 | Director | 07 Dec 2022 | 3 yrs 10 mo | Ferro Alloys Corporation Limited |
| Pankaj Kumar Sharma DIN 10213819 | CEO | 30 Jun 2023 | 3 yrs 4 mo | Ferro Alloys Corporation Limited |
| Agnivesh Agarwal DIN 00038950 | Director | 28 Aug 2024 | 2 yrs 2 mo | Ferro Alloys Corporation Limited |
People of FACOR
14 people are tracked at FACOR (10 in leadership, 4 in team); the tracked headcount is 135.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership | |
Soumya Ranjan Nayak | Chief Hsf, Esg& Sustainability Officer | Leadership |
Tushar Gupta | Chief Commercial Officer (cco) - Projects | Leadership |
Sanjay Pal | Chief Operating Officer | Leadership |
Chinmoy Moulick | Chief Commercial Officer | Leadership |
Suniti Kumar Dhal | Chief Human Resources Officer | Leadership |
| Chief Executive Officer | Leadership | |
Gaurav Sharma | Chief Marketing Officer | Leadership |
Karan Kejriwal | Chief Financial Officer | Leadership |
Ramakanta Sahoo | Head E&i - Growth Projects | Leadership |
Bibhu Prasad M. | Associate Manager- Marketing (lead Sales And Operations) | Team |
Vatsala Tiwari | Associate Manager- Corporate Communications | Team |
Raghunath Sahoo | Business Analyst | Team |
Swikriti Jaiswal | Assistant Manager | Team |
Complete people profiles for FACOR
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Financials of FACOR
Figures of Ferro Alloys Corporation Limited, the primary company behind FACOR, for FY 2025. Revenue was ₹954 Cr (+15% year on year). Net loss was -₹6.13 Cr (-1% margin). EBITDA was ₹57.42 Cr (6% margin). Revenue has grown at a compounded annual rate of +4% over three years and +15% over five years.
- ₹954 CrRevenue · FY 2025 · +15% YoY
- -₹6.13 CrNet loss · -1% margin
- ₹57.42 CrEBITDA · 6% margin
- ₹34.00 CrPaid-up capital
- 135Employees (provident fund records)
- +4%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ferro Alloys Corporation Limited are on its company page.
Detailed financial statements for FACOR
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Timeline of FACOR
3 dated milestones of FACOR across 64 years, from founding to its latest funding, stage changes and deals.
- Founded FACOR is founded.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by Vedanta.
Web traffic of FACOR
The website of FACOR (facorgroup.in) receives about 2.4K visits a month.
- Monthly visits2.4K
▼ 49.4% vs previous month
Websites whose visitors overlap most with FACOR. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| balasorealloys.com | 100% | 3.5K | #4,845,812 | View details | |
abhijeet.in | abhijeet.in | 74% | – | ||
| wbrl.co.uk | 73% | 2.1K | #9,653,308 | View details | |
| ferro-alloys.com | 73% | #6,378,004 | View details |
Top companies in Metals & Minerals
3 companies that operate in the same segment as FACOR (Metals & Minerals) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of pipes, plates & coils, and home textile products | 1985 | Mumbai, Maharashtra, India | USD 544.74 M | 6,934 | ||
Chemical and casting products are manufactured, with shipping operations managed. | 1962 | Chennai, Tamil Nadu, India | USD 576.61 M | USD 1.43 B | 180 | |
Diversified operations span automotive, agriculture, and financial services. | 1945 | Mumbai, Maharashtra, India | USD 45.15 M | USD 20.78 B | 78,760 |
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Related news about Facor
Complete news archive for FACOR
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Frequently Asked Questions about FACOR
FACOR was founded in 1956.
FACOR is headquartered in Jajpur, India. It is registered at Jajpur, Odisha, India.
Ashish Saraf is the CEO of FACOR, as recorded in our data.
FACOR has 135 employees.
The primary company behind FACOR, Ferro Alloys Corporation Limited, reported revenue of ₹954 Cr for FY 2025, up 15% year on year.
The company was established in 1956 and is headquartered in Jajpur, India. Operations focus on the production and export of ferro alloys and stainless steels within the metals industry. Ferro alloys are manufactured to support steelmaking processes, while stainless steels are developed for various industrial applications. Exports are directed to international markets, with management led by CEO Ashish Saraf. Activities are centered on maintaining supply chain efficiency in the sector.
FACOR offers Ferro Chrome and Chrome Ore Mining.
FACOR has 1 investor. Key investors include Vedanta.
FACOR operates through Ferro Alloys Corporation Limited.
Yes. FACOR was acquired by Vedanta in January 2020.
The legal entities of FACOR currently have 8 directors, including Pallavi Joshi Bakhru, Akhilesh Joshi, Pankaj Kumar Sharma and others.