What we do Electrosteel Castings Ltd manufactures Ductile Iron Pipes, Fittings, and Cast Iron Pipes, providing water infrastructure solutions including pipe manufacturing, installation, and system operation. |
Founded in 1,955 |
Market share Leader in India’s ductile iron pipe market with strong global presence exporting to 130+ countries. |
Problem solved Addresses water supply and sewerage infrastructure challenges with durable, efficient piping and turnkey water system solutions. |
Top clients or who we serve Serves government water projects, urban infrastructure developers, irrigation sectors; operates B2B and exports globally. |
Key management Dr. Ajay Kumar (Chairman) - IIT Kanpur, PhD Business Administration; other executives include Umang Kejriwal (Managing Director). |
Our journey and innovations Pioneered DI pipes in India since 1959; expanded capacity consistently; acquired Italian valve manufacturer enhancing water infra portfolio. |
Where we operate Manufacturing in India (Tamil Nadu, West Bengal, Andhra Pradesh) with subsidiaries in Europe, USA, Middle East, and Latin America. |
Top products or what we offer Ductile Iron Pipes, Ductile Iron Fittings, Cast Iron Pipes, Water Valves; related power and ferroalloy plants. |
Top brands Electrosteel DI Pipes - India’s first DI pipe plant; T.I.S. valves - global valve innovation leader; widely preferred in international markets. |
Raw materials needed Iron ore, coke, ferro silicon, coal, and other inputs for pipe manufacturing. |
Raw materials supplier Sourced from domestic and international steel and coal suppliers including coking coal mines in Jharkhand. |
Recurring vs cyclical contribution Revenue largely recurring from long-term water infra contracts, supported by government schemes; some cyclical exposure to infrastructure spending. |
Our industry position Dominant domestic producer of DI pipes; top exporter with integrated capacity and technology advantages. |
Financial highlights FY25 consolidated revenue ₹7319.97 Cr, PAT ₹709.56 Cr; EBIDTA margin ~15.6%; strong cash flows and reduced debt levels. |
Geographical revenue split Domestic revenue ₹5586.16 Cr (76%), international ₹1706.68 Cr (24%) from Europe, Americas, Middle East, Africa. |
Order book - |
Whats driving growth Government water schemes (Jal Jeevan Mission, AMRUT), urbanisation, irrigation demand, export expansion, and product innovation. |
Our future plans Capacity expansions including new power plants, railway sidings for logistics, acquisitions, and product portfolio diversification into valves. |
Our green promise Captive power plants using waste gas; energy conservation; CSR focused on water sustainability; compliance with environmental norms. |
Our people and values Skilled, diverse workforce committed to quality and innovation; strong corporate governance and ethical business practices. |
Key challenges ahead Market slowdowns, plant operational stabilisation, regulatory risks, raw material costs, and competition in water infrastructure sector. |
Interesting facts First Indian DI spun pipe plant in 1994; exports to over 130 countries; developed patented energy generating valve technology. |
Risks and strategy Mitigate operational risks via capacity enhancements and diversification; leverage government programs and global exports for steady growth. |
