What we do Steelcast Limited manufactures high-quality steel castings for diverse industries including mining, earthmoving, locomotives, and defense with global exports and advanced technology. |
Founded in 1,972 |
Market share Premier position in Indian steel casting with global clientele and two-star export house status. |
Problem solved Provides durable, precision castings replacing imported products, enhancing manufacturing efficiency in heavy industries. |
Top clients or who we serve Serves OEMs in mining, cement, construction, railways, defense; both domestic and international B2B clients. |
Key management - |
Our journey and innovations Over 65 years of manufacturing excellence, technological upgrades like CNC machining, centrifugal casting, and hybrid power generation. |
Where we operate India and exports to 16+ countries including USA, Europe, and Asia, expanding to 18+ countries soon. |
Top products or what we offer Steel and alloy castings in sand and shell casting processes, fully machined parts weighing 5 kg to 2,500 kg. |
Top brands - |
Raw materials needed High-quality steel alloys, ferrous scrap metal, raw materials for alloying and casting processes. |
Raw materials supplier Local steel scrap suppliers near Bhavnagar and surrounding mills including Alang ship recycling yard. |
Recurring vs cyclical contribution Revenue mostly from cyclical industrial and infrastructure sectors but supported by steady export orders. |
Our industry position Market leader in India with cost and technology advantages, serving reputed multinational customers globally. |
Financial highlights FY25 revenue Rs. 376.17 Cr, PAT Rs. 72.2 Cr with 19.3% PAT margin and robust EBITDA margin near 29.6%. |
Geographical revenue split Domestic 46% and international 54% revenue, with growing export share. |
Order book Adequate order book across mining, earthmoving, and new segments ensuring steady near-term growth. |
Whats driving growth Strong demand in mining, earthmoving, global market expansion, cost optimization, technological advances, renewable captive power. |
Our future plans Commission 2.4 MW captive hybrid power plant, expand product offerings and markets, focus on defense and rail segments. |
Our green promise Operate 11.9 MW renewable captive power plants (solar and wind), implement sustainable manufacturing practices. |
Our people and values 1049 employees, strong training culture, committed workforce with emphasis on safety and governance. |
Key challenges ahead Managing cyclical demand fluctuations, geopolitical export risks, cost pressures, and sustaining technological edge. |
Interesting facts Maintains debt-free status despite heavy capex, certified by multiple global standards including aerospace and rail authorities. |
Risks and strategy Mitigates risks via diversification, innovation, efficiency improvements, and strong balance sheet management. |
