- Business
- VBC Ferro Alloys Limited VBC Ferro Alloys Limited (ticker: VBCFERROQ.BO), now operating as Chrome Silicon Limited following a name change approved in December 2023 and effective for trading from January 25, 2024, functions as a holding company engaged in the manufacture and marketing of ferro alloys for the steel industry, where these products serve as essential additives and deoxidizing agents. The company produces and exports a range of ferro alloys, including ferro silicon; high carbon silico manganese (HC Silico Manganese); high carbon ferro manganese (HC Ferro Manganese); ferro chrome; and iron and copper alloys, with additional offerings such as silicone ferro powder, ferro chemicals, and nitric acid. Chrome Silicon Limited maintains backward integration through ownership of quartz mines, a metallurgical coke plant, and fuel supply agreements with coal mines to secure raw material supply, positioning it as a diversified entity within the ferro alloys sector that caters to both domestic steel manufacturers and international markets.
Headquartered at Progressive Towers, 6-2-913/914, Khairatabad, Hyderabad, Telangana, India, with manufacturing facilities in Rudraram Village, Patancheru Mandal, the company operates primarily from India and traces its origins to incorporation on October 3, 1981, as part of the broader VBC Group founded earlier in the late 1960s or 1980s for ferro alloys production. It targets steel producers requiring high-quality ferro alloys, leveraging over four decades of export experience to serve global customers alongside domestic operations.
In recent developments, Chrome Silicon Limited reports ongoing financial challenges, including a net loss of ₹514.58 lakh for the quarter ended September 30, 2025, amid a temporary suspension of ferro alloys manufacturing operations since May 30, 2025, due to significant market fluctuations; the company continues to announce quarterly results, with Q1 FY 25-26 outcomes scheduled for August 14, 2025, and maintains board activities such as director appointments. It issued a postal ballot notice on July 18, 2025, and closed its trading window on March 29, 2025, reflecting standard corporate governance amid operational pauses, while no major acquisitions, partnerships, or new product launches appear in the last 1-2 years beyond the rebranding effort.