What we do Simplex Castings Ltd manufactures heavy engineering castings and fabricated items serving core industrial sectors like steel, power, railways, and defense with advanced technical expertise. |
Founded in 1,970 |
Market share Leading Indian manufacturer with over 50 years in engineering castings, holding major market presence in key industrial sectors. |
Problem solved Provides essential heavy castings and fabricated components, addressing demand for durable equipment in heavy industries like steel, power, and railways. |
Top clients or who we serve Industrial sectors including steel plants, power generation, railways, mining, cement, chemicals, and defense; primarily B2B clientele. |
Key management Chairman & CEO: Mr. Ketan M Shah (re-appointed till 2030), Managing Director: Mrs. Sangeeta K Shah. |
Our journey and innovations Established in 1970, public listing in 1993; pioneered bi-metallic rolls and precision castings; modernized with CNC machines and tech collaborations with global leaders. |
Where we operate Manufacturing units in Chhattisgarh, India; subsidiary in Singapore; products serve Indian industrial sector markets. |
Top products or what we offer Heavy engineering castings and equipment for steel, railways, power, pumps, valves, and defense industries. |
Top brands Products used in steel furnaces, diesel locomotive works, power plant components; notable collaborations with Nippon Steel, G.M. Motors USA. |
Raw materials needed Steel, iron, alloys, chemicals for casting and fabrication processes. |
Raw materials supplier Supplied by various domestic and international metal and alloy vendors (specific names not disclosed). |
Recurring vs cyclical contribution Revenue is largely cyclical, tied to industrial and infrastructure cycles, with some recurring fabrication orders. |
Our industry position Strong position in Indian heavy engineering casting market with historical growth and diversified industrial clientele. |
Financial highlights FY 2024-25 revenue Rs 171.88 Cr (+40.7%), PAT Rs 15.13 Cr, improved profitability from prior year. |
Geographical revenue split Primarily domestic Indian industrial sectors; expanding international presence via Singapore subsidiary. |
Order book - |
Whats driving growth Economic recovery, infrastructure investments, modernization of industrial facilities, and expansion in power and steel sectors. |
Our future plans Focus on capacity modernization, innovation in precision machining, and further strategic collaborations. |
Our green promise - |
Our people and values Employee skill enhancement through training; commitment to ethical governance and sustainable practices. |
Key challenges ahead Market cyclicality, raw material cost volatility, and competition from domestic and international players. |
Interesting facts First Indian developer of truck frames for Diesel Locomotive Works; installed Central India’s first CNC machine at Bhilai. |
Risks and strategy Mitigates cyclical risks via diversified sectors and technological upgrades; prudent financial and risk management. |
