Castings & Forgings
37 recent notes from companies in this sector. 16 companies tracked.
Super Iron Foundry takes ₹20.71 cr in govt-backed loans: 20% of market cap
The nano-cap has secured ₹9.71 cr from UCO Bank and ₹11 cr from Bank of India under ECLGS 5.0, repayable over 60 months. The loans are secured against land.
Kalyani Cast-Tech raises ₹18.8 cr via warrant issue to promoter group
Board approves 3.23 lakh convertible warrants at ₹582 each; 25% upfront signals commitment. EGM on July 28 for shareholder nod. The infusion is 3.86% of market cap and would dilute equity ~4.5% on conversion.
Carnation promoter lands ED attachment order, company denies direct allegations
The provisional order pertains to foreign entities and FPIs. The nano-cap firm says no predicate offence has been alleged and business remains unaffected.
Kalyani Cast-Tech to mull preferential issue on June 30
Board meets to consider issuing equity or convertible securities. No details on size, pricing, or purpose yet.
PTC Industries to explore capital raise at June 27 board meeting
The precision-castings firm gave no details on size or structure, leaving investors to wait for the board's decision.
Shayona Engineering bags its biggest order since January IPO
A ₹2.58-cr order (4.8% of market cap, 6.4% of FY26 revenue) must be delivered in 12 days, signalling near-term revenue with low risk.
Neetu Yoshi lands second railway order in a month
A ₹7.39 crore order for RDSO-spec bearing plates follows a ₹14.76 crore block order in May, adding to the ₹210-220 crore FY27 revenue target.
Kirloskar Ferrous lands ₹113 cr pig iron order from UK buyer
The 30,000 MT export order is for basic-grade pig iron, at about 1.6% of annual revenue. A modest addition with steady demand signals.
Kirloskar Ferrous profits double on ₹141 cr tax gain from merger
Profit hits ₹504.74 cr but revenue up only 4.6%; one-time deferred tax asset masks operating performance.
Neetu Yoshi gets nod to make FIAT bogie brake parts for Indian Railways
Rail Coach Factory, Kapurthala has cleared the nano-cap to bid for brake-support contracts for four years.
Neetu Yoshi targets ₹210-220 cr revenue next year as new plant fires up
The company plans to more than double revenue in FY27 after a strong FY26, with a new bogie factory joining the production mix within weeks.
Steelcast targets ₹100 cr profit, pulls forward capex decision
FY26 profit rose 20% to ₹87 cr. Management now wants to surpass ₹100 cr by FY27 and will decide on expansion by July.
Simplex Castings cuts power costs by a third with 25-year solar pact
Natraj Energy will build and maintain a 5.5 MWp captive solar plant for Simplex's Bhilai and Tedesara facilities. The company expects annual savings of ₹2.16 crore, about 10% of its pre-tax profit.
Simplex Castings misses Q4, blames customer delays and gas supply issues.
Management reversed its Q4 growth outlook, citing site delays and gas disruptions. The company is sticking to its FY27 and FY28 revenue targets.
National Fittings promoter buys 91,210 shares in open market
Anil Kumar Agarwal lifted his stake to 11.57%, a small but direct signal of conviction in a nano-cap with a pending merger.
PTC Industries' profit jumps 66% on 88% revenue growth and a string of global orders.
FY26 consolidated revenue hit ₹6,432.9 million, with the Lucknow facility's new forging system passing trials and locking in work from Blue Origin and BrahMos.
Bhagwati Autocast profit more than doubles to ₹1,131 lakhs
FY26 net profit jumped from ₹617 lakhs, driven by higher casting revenue. The board also brought in a former Kotak Mahindra executive and a new auditor.
Kalyani Cast-Tech posts ₹17.11 cr profit, fires up Gujarat plant
Profit grew 20% to ₹17.11 crore in FY26 as a new manufacturing site started output and the cargo rail terminal nears completion.
Universal Auto Foundry confirms FY26 results and hikes debt limit
The company formalised its annual results and increased its borrowing cap to ₹150 crore, both of which were previously disclosed.
Universal Autofoundry slips to a ₹3.34 cr loss despite revenue growth
Revenue climbed 37% to ₹210 cr, but rising costs pushed the company into the red. The board is now seeking to hike borrowing limits to ₹150 cr.
Swastika Castal builds inventory to secure supply for key clients
The aluminum caster is holding more stock to insulate production against global supply chain risks for major customers like Siemens and ABB.
Shayona Engineering lands its largest order since January IPO
The ₹1.67 crore contract for engineering components represents 4.1% of annual revenue and signals a step up in deal size for the nano-cap firm.
Simplex Castings wins RDSO approval to revive its legacy railway business
The company targets ₹50 crore in revenue this year after securing prototype testing clearance for cast steel bogies.
Nitin Castings profit drops as annual earnings miss prior year
The nano-cap manufacturer reported a full-year profit of ₹1,062.93 lakhs, down from ₹1,241.21 lakhs in the previous year.
Nitin Castings reports annual profit drop to ₹1,062.93 lakhs
The company posted a decline in annual and quarterly net profit, while the voluntary delisting process remains pending regulatory approval.
Shayona Engineering files audited FY26 results
The company confirms previously disclosed figures of ₹40.27 crore in revenue and ₹4.04 crore in net profit.
Shayona Engineering revenue jumps 74% in first year post-listing
The SME-listed pipe fittings maker reported a net profit of ₹4.04 crore for FY26, though auditors flagged a temporary diversion of IPO funds.
AIA Engineering hits record profit but drops volume growth targets
Management walked back its goal of 30,000 tons of annual volume growth, citing macro uncertainty and delays at its Ghana and China expansion sites.
AIA Engineering's FY26 audit adds nothing the market didn't already know
The ₹16 dividend and MD reappointment are routine. The core financials were disclosed in quarterly updates months ago.
AIA Engineering's FY26 profit jumps 25%, declares ₹16 dividend
A routine annual update, but the numbers are strong. Standalone profit crossed ₹1,276 crore, and the board approved a hefty payout.
AIA Engineering's FY26 audit locks in a 20% profit jump
Consolidated PAT reached ₹1,268.93 crore on revenue of ₹4,419.86 crore. The numbers are already in the price.
Carnation needs to raise ₹50 cr. That's 172% of its own market cap.
The nano-cap is issuing new equity worth more than the company to meet SEBI's public-float rule and fund operations.
National Fittings plans to merge with related parties to double revenue
A planned amalgamation of Banil Casting and Avisa Private pushes promoter stake to 63% and consolidates Gujarat-based manufacturing.
National Fittings revenue climbs 17% as profit hit marks year-end
FY26 revenue hit ₹91.4 cr, but quarterly profit slid to ₹1.72 cr on higher tax charges.
Carnation Industries board to weigh compliance options for ₹29 cr nano-cap
A board meeting is set to address minimum public shareholding, with potential dilution on the table for a company just ₹29 crore in size.
Electrosteel Castings transcript confirms prior guidance cuts, no new info
Earnings call transcript adds colour but no surprises; volume guidance of 7 lakh tons and 13-14% EBITDA margin already known
Swastika Castal caps expansion, sees FY26 as inflection year
MD expresses strong confidence; major customers booked 5+ years ahead; new export customers added.