Steel. Stability. self-reliance.
Forging the Future of a Nation on the Rise
India stands at a defining moment in its journey, poised between the resilience of its legacy and the promise of its future. Nation building today is no longer just about roads, bridges, or factories, it’s about progress with purpose. At AMNS India, steel represents something far greater: a catalyst for nation building, an enabler of transformation, and a symbol of India’s march toward self-reliance and resilience.
As India steers confidently toward its Viksit Bharat 2047 vision that promises inclusive growth, sustainable development, and global leadership, AMNS India is set to becoming a cornerstone of that journey. While we are building the infrastructure of tomorrow, we’re shaping the values and systems that underpin a strong, self-reliant India.
MESSAGE FROM THE CHAIRMAN
Dear Esteemed Shareholders,
We are navigating a world where uncertainty has become the norm. Geopolitical instability, inflationary pressures, digital threats, and evolving trade dynamics continue to challenge the global economic order. For the steel industry, these complexities are further heightened by shifting demand patterns, changing trade policies, and rapid technological transformation.
In just five years, AM/NS India has become synonymous with quality and integrity. As we look to the future, we do so with a strong sense of responsibility; to lead by example, grow sustainably, and create lasting value for our customers, communities, and the nation. The journey has just begun.
MESSAGE FROM THE CEO
Dear Shareholders,
FY 2024–25 was a year of strong execution, strategic expansion, and resilience amidst global headwinds. Despite challenges such as geopolitical uncertainty, trade imbalances, and stricter environmental norms, ArcelorMittal Nippon Steel India (AM/NS India) remained committed to operational discipline and long-term value creation.
With India’s economy on a strong trajectory, our growth strategy aligns with the nation’s ‘Viksit Bharat 2047’ vision. By focusing on capacity, capability, and community, we are committed to creating long-term, sustainable value for all our stakeholders.
AMNS in Numbers
Trunover
₹ 57433
PAT
₹ 6997 Cr
EPS
₹ 2.79 Cr
EBITDA
₹ 14925 Cr
ROCE
₹ 13.79 %
Key Performance Indicators
Our performance in FY 2024–25 reflects consistent progress and strategic resilience.
These key indicators reflect how we are steadily creating long-term value, ensuring operational excellence, and reinforcing India’s journey towards industrial strength and sustainability.
Corporate Social Responsibility
Corporate Social Responsibility is a fundamental part of how we contribute to nation-building and inclusive development. Our CSR efforts align closely with national development goals, focusing on uplifting communities, especially marginalised groups such as women, girl children, unemployed youth, and Scheduled Castes and Tribes, in the regions where we operate.
Board of Directors
Mr. Aditya Mittal
Chairman
Mr. Dilip C. Oommen
Director and CEO
Mr. Prabh Das
Director
Mr. Genuino Christino
Director
Mr. Bradley Lloyd Davey
Director
Mr. Kalyan Ghosh
Alternate Director
Mr. Takahiro Mori
Director
Mr. Ichiro Sato
Director
Mr. Yoshiaki Kusuhara
Director
Mr. Kaneyuki Yamamoto
Director
Mr. Hiroo Ishibashi
Director and Vice President
(Technology)
Mr. Keiji Kubota
Alternate Director
Awards and Accolades
Annual Report at a Glance
BOARD OF DIRECTORS
The team guiding the strategic decisions and governance at Bajaj Auto →
MANAGEMENT TEAM
The team driving the operations and growth at Bajaj Auto →
CHAIRMAN’S LETTER
We are navigating a world where uncertainty has become the norm. →
MANAGEMENT DISCUSSION AND ANALYSIS
Among the major nations of the world, India will have posted the highest GDP growth for FY2024 →
DIRECTORS’ REPORT
The directors present their Seventeenth Annual Report →
CORPORATE GOVERNANCE
Corporate governance is about promoting fairness, transparency, accountability, →
GENERAL SHAREHOLDER INFORMATION
The 49th Annual General Meeting will be held on 16 JULY 2025 at 2.00 p.m. →
STANDALONE FINANCIAL STATEMENTS
The standalone financial statements of the Company are elaborated
here →
CONSOLIDATED FINANCIAL STATEMENTS
The consolidated financial statements of the Company are elaborated here →