A wave of transformation penetrating through the Indian manufacturing sector, particularly steel and iron manufacturing has made it imperative for manufacturers to navigate the labyrinth of complexities and opportunities. Growth and transformation drivers like sustainability and infrastructure enhancement initiatives demand agility, while challenges due to global supply chain uncertainties and intensifying competition demand dynamism.
India’s significant import reliance also increases vulnerability to geopolitical tensions, price shocks, and freight issues. Environmental clearance delays, land acquisition issues, and legal intricacies further compound the challenges.
Transitioning with the changes, Cosmic CRF Ltd., a public listed entity part of the Cosmic Birla Group, is embracing sustainable, tech-enabled, and customer-focused operations. Transforming what it produces and how, the company is aligning its products and operations with national infrastructure interests and global environmental mandates, while navigating industry complexities. An ISO 9001:2008 certified, RDSO India registered, and various global compliance standards certifications holder, Cosmic CRF has grown immensely since its inception, showcasing a staggering 37.19 percent year-on-year increase in revenue, a 136.03 percent surge in EBITDA, and 172.33 percent rise in PAT in the first half of FY 2024-2025.
Legacy of Excellence
Cosmic CRF champions the legacy of excellence of the Cosmic Birla Group which stands as a prominent industrial conglomerate embodying innovation and expansion.
The company offers a broad array of products and services ranging across hot and cold rolled sheet, coated coil, tubes, rebars, wire rods, automotive steels, and building solutions. Renowned for its quality and innovative bent, the company prioritizes research and development initiatives, recognizing the need for evolving products and solutions to be utilization centric and customer centric, contributing to ease of business.
“Our leadership explicitly prioritizes innovation as a strategic goal, not just efficiency or output. We encourage experimentation, accept failures as part of the process, and reward learning outcomes which in turn fosters psychological safety. We have established in-house R&D centres focused on lower energy usage and yield enhancement”, shares Aditya Vikram Birla, Chairman & Managing Director, Cosmic CRF.
Technology plays a pivotal role for Cosmic CRF right from implementation of CRM and SAP systems that contribute to advancing its product delivery to integration of technologies throughout the manufacturing process. The CRM and SAP systems help provide data on a real-time basis. Split roller technologies for the manufacturing of rolled products, backward and forward integration into the production line, and AI tooling support embedded in the decision making and information layout all support the firm’s growth and success.
Cosmic CRF champions the legacy of excellence of the Cosmic Birla Group which stands as a prominent industrial conglomerate embodying innovation and expansion
Dynamic Vision for the Future
Taking a future-driven yet flexible approach, Cosmic CRF has planned the following five years of operations to scale, develop, and succeed in the sector, aligned with the continually changing industrial landscape and market demands. Focused on ongoing development of financial and technical abilities to scale in the coming years, attaining the know-how, exploring untapped sectors, the company aims to de-leverage itself from depending on a particular sector. Leveraging its engineering vertical’s strength to fuel its strategy for scaling, the firm has plans to become a turnkey solutions provider
“We are deeply involved with the Railway sector but are now making major inroads in the infrastructure sector and also planning a roadmap for entry into the defence sector. We envision emerging as a global engineering conglomerate with diversified subsidiaries working towards the development of the core industrial products which further supports the Indian cause of Viksit Bharat”, adds Aditya.
Committed to becoming an integrated wagon manufacturer, large scale infra player, and a one stop solution to all its customers, the company aspires to achieve 5x growth in revenue over the next half decade, while also maximizing value for its shareholders.
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