Think Steel, Think Us!
Our Company Profile
Established in the year 2006 in Faridabad (Haryana, India), our company trades in a wide range of HR Coil, HR Plates, HR Sheets, etc. These products are procured from certified vendors and manufacturers in the industry. Since we source our products by investing time and knowledge you can be assured about their high strength, smooth surface finish, durability, anti-corrosive, etc.
Through our Chairman, Shri. Dharmender Goel’s patronage, we have achieved a remarkable position in this industry. We are known as the leading wholesaler of high-quality products/services related to steel. Beyond quality, we offer competitive prices, requisite functionality, and low maintenance - traits which endear us to our clients.
With the help of our experienced staff, stringent quality control measures and focus on customer service, the company has been able to retain a competitive position in the international market.
Finance cum Shareholder Report
Annual Financial Report 2024
Introduction:
The Annual Financial Report for the year 2024 provides a comprehensive overview of our company's financial performance and highlights keyachievements and challenges encountered during the fiscal year.
Executive Summary:
- Overall, 2024 was a year of steady growth and resilience despite economic uncertainties.
- Despite market volatility, prudent cost management measures enabled us to maintain healthy profit margins.
- Our balance sheet remains strong, with a robust cash position and manageable debt levels.
Key Financial Highlights:
- Capital Structure: Maintained a healthy balance sheet with a good debt-to-equity ratio, ensuring financial flexibility and stability.
Operational Highlights:
- Market Expansion: Successfully entered new segments, diversifying revenue streams and enhancing long-term growth prospects.
- Operational Efficiency: Implemented cost-saving initiatives and process improvements to enhance operational efficiency and profitability.
- Customer Satisfaction: Maintained high levels of customer satisfaction through quality products/services and responsive customer support.
Challenges and Risks:
- Supply Chain Disruptions: Managed supply chain disruptions effectively to mitigate any adverse impacts on operations and customer service.
- Regulatory Environment: Stayed abreast of evolving regulatory requirements and compliance obligations to minimize regulatory risks.
Outlook:
Looking ahead, we remain cautiously optimistic about our prospects despite ongoing challenges. We will continue to focus on improvements, operational
excellence, and prudent financial management to drive sustainable growth and shareholder value in the years to come.
From the Chairman’s Desk
The inspiration for starting ILB came from my deep belief in the power of steel. Steel is a vital component of modern infrastructure, and I strongly feel that India has the potential to become a global leader in quality steel manufacturing and distribution. With this belief in mind, we set out to create a company that would bring the best steel products to the Indian market.
At ILB, we have always been committed to achieving international standards in HR Steel coils, plates, etc. We understand that quality is paramount, and our dedicated quality control team ensures that every product that leaves our facility meets the highest international standards.
But we know that achieving international standards also involves working with reputed manufacturers to distribute their high-quality products to the Indian market. That is why we have partnered with TATA Steel Ltd., one of the world’s leading steel manufacturers, to bring their products to our customers.
We are proud to be associated with TATA Steel Ltd., a company that shares our commitment to quality and innovation. Their products are known for their durability, reliability, and safety, and we are confident that they will be a valuable addition to our product portfolio. By working with reputed manufacturers, we aim to ensure that our customers have access to the best steel products in the world.
At ILB, we visualize a future of intelligent growth through streamlining the process of acquiring steel products for our clients. We, along with our partnership with TATA Steel Ltd., intend to set the benchmark where our clients know that they can trust our quality and service for all their steel-related needs.
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History
Established in 2006, our company trades in a wide range of HR coil, plates, and sheets procured from TATA Steel Ltd. Beyond quality, we offer competitive prices, requisite functionality and low maintenance - traits which endear us to our clients.
Mission
At ILB, our mission is to deliver high-quality steel products to clients in a sustainable cost-effective manner. This is achieved through ethical sourcing, investment in talented employees, and providing exceptional customer service in retail and B2B sectors.
Vision
We at ILB visualize a future of intelligent growth through streamlining the process of acquiring steel products for our clients. We intend to set the benchmark where our clients know that they can trust our quality and service for all their steel-related needs.
We Are Driven By
Our Core Values
We Strive For Excellence
Our Competitive Edge
1,00,000 MT Milestone Achievement Celebration with TATA Steel's Senior Dignitaries
