About Us

Promoted by Dr. D. Subba Rao, Sri P.Punnaiah and Sri A.S.Chowdhri in 1972, Nava Bharat
Ferro Alloys Limited (NBFA) commenced operations in 1975 with the manufacture of ferro
silicon at Paloncha in Andhra Pradesh, a state in Southern India.

In the years to come, additional smelters were added to increase production capacity. A green
field smelter was set up in the State of Orissa. The plants were assured of 100% captive power.
The results followed – NBFA emerged as one of the largest manufacturer exporters of ferro
alloys in India.

In 1980, NBFA ventured into the production of sugar and other by-products like rectified spirit
and extra neutral alcohol.

NBFA’s foray into power generation in 1997 began with the objective of self-sufficiency for its
ferro alloy smelters, but the company envisioned a growing demand for energy in the future.
This foresight witnessed the evolution of the company from a producer of thermal power –
intended for captive use – in 1997 to a supplier of power to the grid. To make this possible,
NBFA enhanced its capacity of thermal power generation.

A journey of exploration and innovation has no destination; it has only milestones. By 2005,
NBFA outlined its presence in infrastructure through special purpose vehicles that would focus
on Special Economic Zones and Real Estate Development.

To represent better the diversified business activities, the name of the company was changed to
Nava Bharat Ventures Limited (NBV) in July 2006.

NBV spread its wings globally through overseas projects and trading activity controlled by Nava
Bharat (Singapore) Pte. Limited, a wholly owned subsidiary of NBV, functioning from
Singapore.

The Group Headquarters is located in Hyderabad, India.

Our Team

A clear vision can only be realized by effective execution and by focused application. It takes a
dedicated team to make this possible.

At NBV, we take pride in one of our key strengths – our human assets. Years of experience and
well-honed expertise come together to galvanise the organization towards greater heights.

Senior Management
D. Ashok, Chairman Dr. E.R.C. Shekar, Director
P.T. Vikram Prasad , Managing Director Dr. M.V.G. Rao, Director
D. Ashwin, Director and CEO K. Balarama Reddi, Director
Nava Bharat (Singapore) Pte. Limited
C.V. Durga Prasad, Director - Business Dr. D.N. Rao, Director
Development
G.R.K. Prasad, Director – Finance & Corporate S.V. Satyanarayana, IDBI Nominee
Affairs Director
 Key Executives
Domestic Executives
J. Ramesh, Executive Vice President – Orissa Unit
Y.P. Rao, Executive Vice President – AP Unit
A.S.N. Murthy, Vice President
M. Subrahmanyam, Company Secretary & Vice President
A. Venkata Rao, Vice President – Power Plant (AP)
N. Prabhakar, Vice President - Sugar Division

Key Executives
Overseas Executives
Bob Sundram, General Manager - Indonesia Operations 

Details:

D.Ashok
Chairman

An MBA from USA with 27 years of top management experience in all facets of ferro alloy
operations. Led the Company’s foray into power generation. Has brought the Company to a pre-
eminent position through appropriate production and marketing strategies. He spearheaded
expansion and backward integration projects which enabled the Company to gain distinctive
competitive edge.

P.T.Vikram Prasad
Managing Director

An MBA from USA with 27 years of top management experience in sugar industry in policy
formulation, corporate planning and overall management control with special emphasis on
Financial Management. Steers the funding of Company’s expansion schemes and ongoing
operations through optimal mix of financial instruments.

D.Ashwin
Director and CEO
Nava Bharat (Singapore) Pte. Limited

A graduate in Industrial Engineering from University of Washington, USA with senior

management experience in enterprise software and automation markets, as well as corporate
acquisitions, across North America, Europe, Middle-East, Africa and Asia – Pacific region.
Business Development Director at Hewlett-Packard for Asia-Pacific region prior to joining Nava
Bharat (Singapore) Pte. Limited as Director and Chief Executive Officer.
GO TO TOP
C.V.Durga Prasad
Director - Business Development

A Graduate in Commerce with over 30 years of industrial experience covering a wide spectrum
of commercial functions comprising global marketing of ferro alloys, sourcing of vital raw
materials from indigenous and international suppliers with long term tie-ups. 

G.R.K.Prasad
Director – Finance & Corporate Affairs

A Fellow Member of Institute of Chartered Accountants and Institute of Company Secretaries of

India with 27years of experience in Finance and Accounts function in various capacities and
organizations. An expert in Project Financing and M & A activities.
GO TO TOP
Dr. E.R.C.Shekar
Director

A Ph.D. from Moscow Institute of Metallurgy, Russia, with over 40 years of experience in Iron
and Steel Industry and over 20 years in the Chief Executive Cadre. Held top management
positions including Managing Director of Bhilai Steel Plant and Vice Chairman of Steel
Authority of India Limited.

Dr. M.V.G.Rao
Director

A Chemical Engineer with 40 years of industrial experience. Held very senior positions
including Chairman and Managing Director of Vera Laboratories, Managing Director of A.P
Paper Mills, Executive Director (Operations) of Tamilnadu Newsprint and Papers Limited, etc.
Recipient of prestigious Honorary Doctorate ¬HONORIS CAUSA from Rohilkhand University,
Bareilly and several other awards and honours.

K.Balarama Reddi
Director

An Electrical Engineer with 40 years of experience in various senior positions including

Chairman of Andhra Pradesh State Electricity Board. Possesses vast Accounting and Financial
Management expertise. A Senior Consultant of Administrative Staff College of India for about
10 years. Held special positions like President, Central Board of Irrigation and Power, New
Delhi. Recipient of several honours and awards. 
GO TO TOP
Dr. D.N.Rao
Director

A Post Graduate in Electronic Engineering and a Doctorate from University of Strathclyde, U.K.
Promoted Duke Arnics which gained global recognition in Electricity Metering, Monitoring and
Management Systems. A patron of educational and research institutions and a visiting faculty
member at Engineering Staff College of India and Rural Electricity Institute.  

S.V.Satyanarayana
IDBI Nominee Director

A Post Gaduate in Engineering and a qualified Banker with rich experience in project appraisals
for funding in diverse fields like power, refineries, petrochemicals, ports, cement,
pharmaceuticals, etc. Handled retail & trade finance. Presently handling Small and Medium
Enterprise portfolio of IDBI in Andhra Pradesh.

J.Ramesh
Executive Vice President – Orissa Unit

A Graduate in Commerce and a Post Graduate in Marketing Management from Golden State
University, USA, with 25 years of industrial experience in marketing, raw materials,
coordination with government, logistics and administration. Heads the overall management of
the Company’s Ferro Alloy Plant and Power Plant in the State of Orissa.
GO TO TOP

Y.P.Rao
Executive Vice President – AP Unit

A Post Graduate in Metallurgical Engineering with 31 years of experience in metallurgical

process industries, particularly in ferro alloy production and related operations. Chairman of
local chapter of Indian Institute of Metals. Heads the overall management of the Company’s
Ferro Alloy Plant and Power Plant in the State of Andhra Pradesh.

A.S.N.Murthy
Vice President

A Graduate in Mechanical Engineering and a Post Graduate in Management from Indian

Institute of Management, Ahmedabad, with more than 30 years of experience in diverse fields
comprising Engineering, Project Planning and Coordination, Quality & Environment
Management Systems, ERP, Corporate Communications, HRD, Administration, etc. Functions
from Corporate Office of the Group in Hyderabad, India.

M.Subrahmanyam
Company Secretary & Vice President

A Fellow Member of Institute of Company Secretaries of India, a Post Graduate in Law with
additional qualification in IRPM, possessing 30 years of experience in various functional fields
including as CEO/Executive Director of Hyderabad Stock Exchange. He is the Compliance
Officer and In-charge of secretarial and legal matters.
GO TO TOP

A.Venkata Rao
Vice President – Power Plant (AP)

A Graduate in Mechanical Engineering with 34 years of experience in design, maintenance and

operations . Possesses rich experience in execution of power projects and operation of thermal
power plants. Heads the Company’s Power Plant in the State of Andhra Pradesh.

N.Prabhakar
Vice President - Sugar Division

A Graduate in Science and qualified Sugar Technologist (Associate of National Sugar Institute)
with 28 years of experience in operation, expansion and modernization of sugar plants. Heads the
Company’s Sugar Division with operations at Samalkot and Dharmavaram in the State of
Andhra Pradesh.
 GO TO TOP
Bob Sundram
General Manager - Indonesia Operations 

A Graduate in Electrical Engineering from New Zealand and an MBA from Henley Management
College, UK. A senior executive in ABB Alstom for 20 years in their International Power
Projects Development Division. Possesses 5 years' experience in developing Coal Mining
Business in Indonesia.

Vision

 We will be a dependable source of products and services exceeding our customer’s

expectations.
 We will add best value to our inputs and strive to protect the environment in all our
endeavours.
Values

Quality Management System

Customer satisfaction has been at the core of all of NBV’s activities – and it is primarily
achieved through a two-prong strategy. One, to ensure continual improvement of process
performance, which in turn enhances quality of end product. And two, to add value at every
stage of manufacture - from concept to completion, from raw materials to finished products – to
attain quality conforming to global standards.

The ISO certification obtained by NBV stands testimony to this quality vision of the
organization. The Quality Management System implemented at the manufacturing plants has
been certified as per the international standard ISO 9001: 2000.

Click Here to view the ISO certificate

Quality Assurance laboratories are the custodians of quality in NBV. These laboratories are
equipped with modern testing facilities operated by well trained staff. The result is consistent and
high quality of inputs, processes and outgoing products. Statistical Quality Control techniques
fortify the quality assurance efforts.

Chemical Analysis of RM & Ferro Alloys

Carbon/ Sulphur Measuring colour of sugar

Testing
with Leco Apparatus with Spectrophotometer
5–S

The philosophy of organizing and managing workspace and work flow to produce the best
results is aptly described by the Japanese technique of 5S. NBV rigorously follows 5S in its
plants and processes to enhance workplace excellence, efficiency of operations and optimal
utilization of resources. Amongst the various steps taken to ensure this are eliminating waste,
improving material flow and reducing process variations.

Awards & Achievements

Diverse business activities with a single-minded focus. Rapid growth with a steady ascent in the
ranks. Strict quality management with a radical approach towards innovation. It is such counter
challenging yet convergent approach that has distinguished Nava Bharat Ventures from other
organizations.

Over the past three decades, the company has won numerous accolades, each a testimony to its
all-round performance in energy management, safety, work place excellence, environment
protection, exports, productivity, labour welfare, industrial relations, etc.

Awards (Click on awards to view details)

Confederation of Indian Industry

 National Award for Excellence in Energy Management (2007, 2008, 2009)

 5-S Excellence Award (2007)

Ministry of Labour, Government of India

 National Safety Award (1999)

Ministry of Environment & Forests, Ministry of Power and Dept. of Science & Technology,
Govt. of India

 Certificate of Appreciation for Hundred Per Cent Utilisation of Fly Ash on Sustainable Basis (2005)

Engineering Export Promotion Council, Ministry of Commerce, Govt. of India

 Top Exporter as Large Enterprise (2008)

 Export Excellence in Ferro Alloys (2001, 2002, 2003, 2005, 2006, 2007)
 Highest Exporters with Continuous Excellence – Non SSI (2004)
State Pollution Control Boards

  Andhra Pradesh

 Cleaner Production Award for Industries (2004, 2008)

  Orissa

 Pollution Control Excellence Award (2007)

Government of Andhra Pradesh

 Best Management (1985, 2006)

 Best Industrial Relations (1983, 1986)

Government of Orissa

 Best Performance in Safety and Environment Management (2007)

Federation of Andhra Pradesh Chambers of Commerce and Industry.

 Best Workers’ Welfare, (1981, 1987, 1993, 2000)

 Best Industrial Productivity in the State (2002)
 Best Environmental Improvement (1993)
 Silver Trophy for Outstanding Export Performance (2009)
 Silver Trophy for Excellence in Rural Development (2009)
Joined: 25/Apr/2009
Location: Canada
Online Status: Offline
Posts: 96
  Topic: Nava Bharat Ferro Alloys
    Posted: 13/Jul/2009 at 9:16pm
Nava Bharat Ventures Ltd. (originally Nava Bharat Ferro Alloys Ltd.) is a Hyderabad based
company that is a manufacturer exporter of ferro alloys with interests in production of sugar and
other by-products like rectified spirit and extra neutral alcohol. From the company's website -
"This foresight witnessed the evolution of the company from a producer of thermal power –
intended for captive use – in 1997 to a supplier of power to the grid. To make this possible,
NBFA enhanced its capacity of thermal power generation".
 
 
Annual results in brief
  Mar ' 09 Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05
Sales 1,311.98 951.84 591.41 466.27 434.29
Op. profit 549.08 399.6 161.45 69.81 157.27
Interest 30.95 16.47 15.2 12.75 10.98
Gross profit 533.77 395.33 158.43 66.56 158.08
EPS (Rs) 59.78 40.44 20.75 8.69 15.93
My capacity to analyze balance sheets is limited - so I wont go there. But from what I see, there
has been a steady increase in sales/profit/eps. Debt to equity ratio is 0.49, which appears
reasonable.
 
The stock was at its 52 week high of 328 (all time high of ~340) last month before correcting to
its cmp of 270. Has anyone been following this stock? I am tempted to take a small position here.
 
Again, posting this in my pf thread because I cant seem to post it elsewhere. Could someone shift
this  thread to an appropriate location?