What we do Investment & Precision Castings Ltd pioneers in manufacturing complex investment castings and machined components for automotive, valve, aerospace, and general engineering industries in India. |
Founded in 1,975 |
Market share Technology leader in India’s investment casting industry with a strong presence in automotive and aerospace sectors. |
Problem solved Provides precision engineered castings and machined parts solving demand for high-quality, complex components in multiple industrial sectors. |
Top clients or who we serve Automotive, valve, aerospace, defense, and general engineering industries; serves B2B clients including HAL and major Indian OEMs. |
Key management Chairman & Managing Director: Mr. Piyush I Tamboli (noted industry leader with decades of experience). |
Our journey and innovations Started in 1975 with US collaboration, expanded via German and Japanese tech tie-ups; developed in-house R&D capabilities and advanced casting processes including vacuum castings and ceramic cores. |
Where we operate Primarily India with exports outside India; subsidiary for vacuum casting units; services aerospace international customers. |
Top products or what we offer Investment castings for automotive, valves, aerospace; vacuum castings for super alloys; heavy electrical and instrumentation castings; machining and heat treatments. |
Top brands ISO and industry certified products; NADCAP accreditation; aerospace-certified castings; marquee supplier to HAL, Maruti Suzuki, Mahindra and Mahindra. |
Raw materials needed Steel, ductile iron, aluminum alloys, copper, nickel and cobalt base super alloys. |
Raw materials supplier Local and international metal suppliers compliant with aerospace and automotive quality standards. |
Recurring vs cyclical contribution Majority of revenue from recurring industrial orders with cyclical fluctuations due to automotive and defense sector demand. |
Our industry position Leading Indian investment caster with about 3060 tons annual capacity, strong technical collaborations, and diversified client base. |
Financial highlights FY 2024-25 revenue approximately Rs. 165 crore; net profit Rs. 6 crore; experienced slight revenue decline but solid profitability. |
Geographical revenue split India accounts for 89% revenue; exports about 11%. |
Order book - |
Whats driving growth Growth driven by defense orders, automotive recovery, GST reforms, in-house tech upgrades, and ESG initiatives like renewables. |
Our future plans Expand aerospace capabilities, ramp up production using spare capacity, enhance digital radiography and hot isostatic pressing processes. |
Our green promise 25% energy from renewables including wind and solar, green policies like paperless systems and urban plantations. |
Our people and values Skilled workforce of 57 engineers; emphasis on training, safety, diversity, and holistic performance management. |
Key challenges ahead Raw material cost volatility, competitive market pressures, and adapting to technological changes in aerospace manufacturing. |
Interesting facts Received SIDM Champions Award for Defense & Aerospace; first Indian firm with NADCAP NDT approvals. |
Risks and strategy Mitigates risks with strong financial controls, diversified clientele, advanced R&D, and compliance with aerospace quality norms. |
