Amreli Steels Ltd.
PPSX:ASTL16.62
PKR
-0.49
(-2.86%)
ISIN
PK0100401014
Return %
Stock
S&P 500
1Y
-27.68
14.20
3Y
-26.75
81.12
5Y
-54.59
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Shayan Akberali
- Full Time Employees
- 388
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- Karachi Pakistan
- IPO Date
- Oct 9, 2015
- Website
- amrelisteels.com
- Similar Companies
- Business
- Amreli Steels Limited is a Pakistan-based steel manufacturing company primarily engaged in the production and sale of steel reinforcement bars and billets for infrastructure, commercial, and residential construction projects. Founded in 1972 and headquartered in Karachi, Pakistan, the company operates as a publicly listed entity on the Pakistan Stock Exchange (PSX: ASTL), serving public and private sector developers, mega-infrastructure contractors, institutional builders, and individual home builders nationwide. The company's core product portfolio comprises high-strength steel reinforcement bars (rebars) and semi-finished steel products, categorized under primary brand names and technical grades that include: Amreli Steels Maxima, an earthquake-resistant carbon steel deformed rebar conforming to ASTM A615 Grade 60 standards, designed for residential, commercial, and general infrastructure construction; Amreli Steels Ultima, a low-alloy, high-ductility rebar conforming to ASTM A706 Grade 60 specifications, engineered specifically for enhanced seismic resistance and structural flexibility; Amreli Steels Xtreme, a high-yield strength thermo-mechanically treated (TMT) rebar conforming to BS 4449 Grade 500D and 500 MPa international benchmarks, designed for high-rise towers and heavy engineering structures; and prime mild steel billets produced via induction furnaces and continuous casting at its melt shop facility, utilized for internal rebar rolling as well as domestic commercial supply. The company conducts its manufacturing operations in Sindh, Pakistan, primarily anchored by its vertically integrated steel melt shop and automated re-rolling complex located in Dhabeji, alongside a secondary re-rolling mill situated in the Sindh Industrial Trading Estate (S.I.T.E.) of Karachi. In recent corporate developments, Amreli Steels has implemented significant financial, strategic, and operational restructuring initiatives. In late 2025, the company executed a Master Restructuring Agreement (MRA) with a syndicate of financial institutions covering approximately PKR 22.6 billion of debt facilities, restructuring short-term liabilities into extended ten-year facilities with a multi-year principal and markup moratorium, which substantially eased debt-servicing pressures and facilitated a return to net profitability in fiscal year 2026. In 2026, the company expanded its equity foundation by approving an increase in authorized share capital from PKR 5 billion to PKR 8 billion. Operationally, Amreli Steels optimized its production footprint by centralizing primary rolling and billet manufacturing at its higher-efficiency Dhabeji facility while maintaining the operational suspension of its older S.I.T.E. rolling mill in response to macroeconomic headwinds and elevated industrial power costs. Additionally, the company advanced its sustainable manufacturing framework by expanding its captive on-site solar power generation infrastructure to 7.1 megawatts at the Dhabeji plant to reduce grid reliance and mitigate energy expenses.