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Neueon Towers Ltd. (India)

Main Activities: Power and Communication Line and Related Structures Construction
Full name: Neueon Towers Ltd. Profile Updated: April 20, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Neueon Towers Ltd. is a company located in Medak, India. It was founded in 1986 as a single manufacturing unit for electrical fans and home appliances. Over the years, the company has expanded and now operates in multiple industries including Steel, Power and Telecom Infra, Domestic Appliances, Light Engineering (Bearings and Castings), and Urban Infrastructure. The founder of Neueon Towers Ltd., Y S Chowdary, is a post-graduate in Mechanical Engineering and has established himself as a leading entrepreneur and industrialist in India. Under his leadership, the company has become a prominent player in the production of quality long steel products. Neueon Towers Ltd. is part of the Sujana Group of companies, which also includes Sujana Metal Products Limited (SMPL) and Sujana Universal Industries Limited (SUIL). The company serves prestigious clients in India's construction and infrastructure sector, including Larsen & Tubro (L&T), Hyderabad Metro Rail, NCC Limited, Bharat Heavy Electricals Limited (BHEL), and many others. Neueon Towers Ltd. specializes in the manufacturing of high-quality long steel products, including Structural Steel, CRS Steel, Smart Steel, and TMT & TMT rebars. The company's steel production units in Hyderabad, Visakhapatnam, and Chennai are BIS and ISO certified, ensuring the production of long steel products that meet custom specifications. Neueon Towers Ltd. also has a strong commitment to corporate social responsibility, which is handled by the Sujana Foundation. The foundation focuses on promoting entrepreneurship, innovation in engineering and agriculture, poverty alleviation, and rural development. Their initiatives include running mid-day meals schemes in schools, organizing medical camps for underprivileged children, and providing scholarships to meritorious students. The success of Neueon Towers Ltd. can be attributed to its smart and innovative long steel business. The company's high-quality products and strategically located manufacturing units enable them to meet orders on time, reduce transportation costs, and provide value for money to their customers.

Legal Address
Survey No.321,, Turkala Khanapur (V), Hatnur (M)
Medak; Telangana; Postal Code: 502296

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Website: http://www.sujana.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
2006
Key Executives
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Non Executive Chairman
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Vice President - Finance
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Director
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Independent and Non Executive Director
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Independent and Non Executive Director
Ownership Details
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48.68%
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37.27%
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13.16%
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0.88%
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Subsidiaries
Digitech Business Systems Ltd.
100%
STL Africa Ltd.
100%
Sujana Transmissions Ltd.
99%
Company Performance
Financial values in the chart are available after Neueon Towers Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Operating profit (EBIT)
1.71%
EBITDA
60.7%
Net Profit (Loss) for the Period
3.11%
Total equity
0%
Return on Equity (ROE)
4%

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