Date: 30 Jan 2025

Castings, Forgings & Fastners

Sector	Market Cap	No of Companies
Castings, Forgings & Fastners	200005.74	58

 

NetWorth	35742.71	TTM Sales	52444.52	TTM Sales Var (%)	8.02
Debt	15948.77	TTM OP	8881.39	TTM NP Var (%)	29.01
Capital Employed	54108.72	TTM OPM (%)	19.06	EV/TM Sales	3.81
Net Block	25904.12	TTM PATM (%)	9.08	EV/TTM EBITDA	23.90
Current Assets	31928.64	Debt / Equity	0.45	P/E	42.00
ROCE (%)	30.06	RONW (%)	13.32	P/B	5.60

The above figures are in Rs. Crores as of 30 Jan 2025

TTM ended September 2024

	30 Jan 2025	31 Dec 2023	31 Dec 2022	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	199909.16	179471.12	107351.93	11.39	86.22
Total Marketcap	42124720.55	36634696.66		14.99
Sector's share	0.47	0.49		-0.02
Sector No of companies	56	53	45	3	11
Total Listed companies	4860	4506	0	354	4860
Sector's share	1.15	1.18	0	-0.03	1.15
Nifty 50	23249.5		21725.7		7.01

 

Gainers
Company Name	30/01/2025	30/12/2024	Var%
GTV Engineering	727.55	530.00	37.27
Captain Techno.	574.00	490.00	17.14
Magna Electrocas	1055.30	910.35	15.92
Steelcast	910.75	852.70	6.81
AIA Engineering	3627.65	3399.55	6.71
Losers
Company Name	30/01/2025	30/12/2024	Var%
Simplex Castings	221.30	313.90	-29.50
Balu Forge	564.45	787.30	-28.31
Kennametal India	2246.00	2970.40	-24.39
LGB Forge	12.07	15.82	-23.70
Gala Precis. Eng	994.75	1289.85	-22.88

 

During the month of January 2025, Castings, Forgings & Fastners sector’s Marketcap increased 11.39% to Rs 199909.16 crore, compared to 14.99% rise in total listed marketcap to Rs 42124720.55 crore.

Sector’s share of total listed marketcap moved to 0.47% in January 2025 from 0.49% in December 2023 and % in December 2022.

In terms of price appreciation in the sector, there were 11 gainers and 32 losers in the month of Jan 2025. The gainers accounted for 18.97% of sector companies, losers accounted for 55.17% of sector companies, while 15% remained unchanged.

The top 3 gainers were GTV Engineering (37.27% gain), Captain Techno. (17.14% gain) and Magna Electrocas (15.92% gain).

The 3 losers at the bottom were Simplex Castings (-29.50% fall), Balu Forge (-28.31% fall) and Kennametal India (-24.39% fall).

During the month Gluhend India Pvt Ltd, Gujarat Intrux Ltd, Steelcast Ltd, Pradeep Metals Ltd, Carnation Industries Ltd, GTV Engineering Ltd, Nelcast Ltd, Creative Castings Ltd and Ramkrishna Forgings Ltd announced their results. Of these Gujarat Intrux Ltd, Steelcast Ltd, GTV Engineering Ltd and Ramkrishna Forgings Ltd reported rise in net profit attributable to shareholders. Companies like Nelcast Ltd, Pradeep Metals Ltd and Creative Castings Ltd reported fall in net profit attributable to shareholders.

During the month Bharat Forge Ltd, DCM Ltd, Electrosteel Castings Ltd, Tayo Rolls Ltd, Kennametal India Ltd, Bhagwati Autocast Ltd, Uni Abex Alloy Products Ltd, Harig Crankshafts Ltd, Taparia Tools Ltd, Nitin Castings Ltd, Investment & Precision Castings Ltd, Metalyst Forgings Ltd, Krishanveer Forge Ltd, EL Forge Ltd, Simmonds Marshall Ltd, Smiths & Founders (India) Ltd, Aditya Forge Ltd, Simplex Castings Ltd, Gujarat Intrux Ltd, Kalyani Forge Ltd, Steelcast Ltd, Pradeep Metals Ltd, M M Forgings Ltd, Shivagrico Implements Ltd, Magna Electro Castings Ltd, Sterling Tools Ltd, Carnation Industries Ltd, PTC Industries Ltd, Balu Forge Industries Ltd, Alicon Castalloy Ltd, National Fittings Ltd, GTV Engineering Ltd, Nelcast Ltd, Galaxy Agrico Exports Ltd, Creative Castings Ltd, AIA Engineering Ltd, Palco Metals Ltd, Ramkrishna Forgings Ltd, Happy Forgings Ltd, CIE Automotive India Ltd, Hilton Metal Forging Ltd, LGB Forge Ltd, Rolex Rings Ltd, Samrat Forgings Ltd, Deem Roll-Tech Ltd, Universal Autofoundry Ltd, Dekson Castings Ltd, Captain Technocast Ltd, Tirupati Forge Ltd, Ganga Forging Ltd, Synergy Green Industries Ltd, Sundaram Clayton Ltd, Gala Precision Engineering Ltd, Pritika Engineering Components Ltd, Kalyani Cast-Tech Ltd, Pattech Fitwell Tube Components Ltd, Sharp Chucks and Machines Ltd, Amic Forging Ltd, Saketh Seven Star Industries Ltd, Paramount Speciality Forgings Ltd, Shreyas Fabtech Ltd, Forge Auto International Ltd, Abha Power and Steel Ltd and KVS Castings Ltd filed their shareholding patterns.

FIIs increased their shareholding in Pritika Engineering Components Ltd from 0.00% to 1.43%, Abha Power and Steel Ltd from 0.00% to 0.34%, M M Forgings Ltd from 3.41% to 3.75%, Electrosteel Castings Ltd from 19.73% to 19.91%, CIE Automotive India Ltd from 4.32% to 4.47%, Rolex Rings Ltd from 7.97% to 8.09%, Sterling Tools Ltd from 0.12% to 0.21%, Steelcast Ltd from 0.11% to 0.17%, Synergy Green Industries Ltd from 0.23% to 0.27% and Kennametal India Ltd from 0.91% to 0.93%. FIIs reduced their shareholding in Ramkrishna Forgings Ltd from 24.25% to 24.04%, Sundaram Clayton Ltd from 0.76% to 0.43%, Gala Precision Engineering Ltd from 2.37% to 2.03%, Bharat Forge Ltd from 18.24% to 17.88%, Amic Forging Ltd from 1.33% to 0.94%, Alicon Castalloy Ltd from 0.89% to 0.46%, AIA Engineering Ltd from 17.94% to 17.21%, PTC Industries Ltd from 4.53% to 3.37%, Paramount Speciality Forgings Ltd from 4.03% to 1.94% and Balu Forge Industries Ltd from 10.43% to 6.93%.

DIIs increased their shareholding in AIA Engineering Ltd from 20.40% to 21.50%, PTC Industries Ltd from 3.82% to 4.83%, CIE Automotive India Ltd from 19.53% to 20.06%, Sundaram Clayton Ltd from 17.00% to 17.50%, Bharat Forge Ltd from 25.80% to 26.23%, Alicon Castalloy Ltd from 11.31% to 11.59%, Ramkrishna Forgings Ltd from 2.98% to 3.21% and Kennametal India Ltd from 13.47% to 13.57%. DIIs reduced their shareholding in Gala Precision Engineering Ltd from 0.02% to 0.00%, Rolex Rings Ltd from 30.44% to 30.19%, Happy Forgings Ltd from 8.42% to 8.01%, Sterling Tools Ltd from 4.66% to 4.24%, M M Forgings Ltd from 9.33% to 8.77% and Electrosteel Castings Ltd from 1.98% to 0.60%.

Promoters increased their shareholding in Universal Autofoundry Ltd from 41.50% to 46.32%, Shivagrico Implements Ltd from 61.79% to 61.92% and Synergy Green Industries Ltd from 69.75% to 69.77%. Promoters reduced their shareholding in PTC Industries Ltd from 59.80% to 59.75%, Amic Forging Ltd from 57.82% to 57.75%, Sterling Tools Ltd from 65.77% to 65.31%, Ganga Forging Ltd from 40.63% to 40.11%, Pritika Engineering Components Ltd from 74.60% to 70.81%, Kalyani Cast-Tech Ltd from 69.87% to 65.77%, Tirupati Forge Ltd from 55.76% to 48.88% and Abha Power and Steel Ltd from 100.00% to 72.35%.

During the month Annual reports of Bharat Forge Ltd, Anu Fasteners Pvt Ltd, DCM Ltd, Jyoti Toolings & Press Components Pvt Ltd, Electrosteel Castings Ltd, Neel Industries Pvt Ltd, ISPL Industries Ltd, Echjay Industries Pvt Ltd, Tayo Rolls Ltd, SKS Fasteners Ltd, Kennametal India Ltd, KHK Pressings & Forgings Pvt Ltd, Bhagwati Autocast Ltd, MCS Fasteners (India) Ltd, J S Auto Cast Foundry India Pvt Ltd, Uni Abex Alloy Products Ltd, Shivalik Engineering Industries Ltd, Harig Crankshafts Ltd, Amex Alloys Pvt Ltd, Ganga Forging Ltd, Taparia Tools Ltd, Oswal Castings Pvt Ltd, Kumar Autocast Ltd, Synergy Green Industries Ltd, Nitin Castings Ltd, Cresmac Foundry Pvt Ltd, Sundaram Clayton Ltd, Investment & Precision Castings Ltd, Gala Precision Engineering Ltd, Abhishek Alloys Pvt Ltd, Sivanandha Steels Ltd, Hiten Fasteners Pvt Ltd, Siderforgerossi India Pvt Ltd, Metalyst Forgings Ltd, Veltech Forging Ltd, Gluhend India Pvt Ltd, Krishanveer Forge Ltd, Jsons Foundry Pvt Ltd, EL Forge Ltd, Lava Cast Pvt Ltd, Pitti Castings Pvt Ltd, Om Besco Rail Products Ltd, Simmonds Marshall Ltd, Sanmati Precision Engineering Ltd, Cathodic Control Company Pvt Ltd, High Tensil Fastnuts (India) Pvt Ltd, Bespask Engineers Pvt Ltd, Jaypee Forge Pvt Ltd, Astrotech Steels Pvt Ltd, Pritika Engineering Components Ltd, Techno Forge Ltd, Kalyani Cast-Tech Ltd, Smiths & Founders (India) Ltd, LSR Forge Pvt Ltd, Hanchang India Pvt Ltd, Aditya Forge Ltd, Pattech Fitwell Tube Components Ltd, AMA India Enterprises Pvt Ltd, Simplex Castings Ltd, Honsberg Saws India Pvt Ltd, Bollhoff Fastenings Pvt Ltd, Sunfast TVS Ltd (Merged), Gujarat Intrux Ltd, Briya Enterprise Ltd, Kalyani Forge Ltd, Natraj Iron & Castings Pvt Ltd, Steelcast Ltd, Wear Steels Pvt Ltd, Pradeep Metals Ltd, Balls & Cylpebs Ltd, Shree Sponge Steel & Casting Ltd, Rollwell Forge Pvt Ltd, Ramya Balaji Alloy Pvt Ltd, M M Forgings Ltd, Phoenix Forge Pvt Ltd, Shivagrico Implements Ltd, Aqua Alloys Pvt Ltd, Magna Electro Castings Ltd, Magnum Forge & Machine Works Pvt Ltd, Unique Valves Pvt Ltd, Magna Casting & Machine Works Pvt Ltd, Arihant Technocast India Pvt Ltd, Pashupati Ispat Pvt Ltd, Jai Mata Foundrex Ltd, Nandina Iron & Steels Ltd, J G Foundry Ltd, G S Alloy Castings Pvt Ltd, Rajasthan Udyogs & Tools Ltd, Ferrous Forgings Ltd, Sterling Tools Ltd, Umashakti Steels Pvt Ltd, Carnation Industries Ltd, Rajan Technocast Pvt Ltd, Govind Steel Co. Ltd, NSI (India) Ltd, PTC Industries Ltd, Gemus Engineering Ltd, Menon and Menon Ltd (Merged), Mackeil Ispat & Forging Ltd, Vignyan Industries Ltd, Balkrishna Steel Forge Pvt Ltd, Ramsons Castings Pvt Ltd, Balu Forge Industries Ltd, Bay-Forge Pvt Ltd, Leak-Proof Cast (India) Pvt Ltd, Alicon Castalloy Ltd, Hindustan Inox Ltd, H N V Castings Pvt Ltd, Fine Cast (Guj) Pvt Ltd, Shree Hans Alloys Ltd, National Fittings Ltd, Karan Techno Cast Pvt Ltd, Godawri Spherocast Pvt Ltd, Weartech Alloys Pvt Ltd, Lamina Foundries Ltd, Dynamatic Manufacturing Ltd, Dee Dee Steel Castings Pvt Ltd, Osho Forge Ltd, Varsha Forgings Pvt Ltd, Samir Castings Pvt Ltd, Wheelabrator Alloy Castings Ltd, Monark Ductile Iron Casting Pvt Ltd, Ranba Castings Ltd, Mohindra Fasteners Ltd, G P T Castings Ltd, Gujarat Metal Cast Industries Ltd, Anjali Aluminium Pvt Ltd, Upper India Special Castings Ltd, Super Tech Castings Pvt Ltd, GTV Engineering Ltd, Invac Cast Ltd, Mayurbhanj Metals Ltd, Voestalpine Vae V K N India Pvt Ltd, Kisaan Die Tech Pvt Ltd, Indo Shell Mould Ltd, Patodia Forgings & Gears Ltd, Accurate Steel Forgings (India) Ltd, Dee Dee Steel Castings Ltd, I M Amis Forgings Pvt Ltd, Dimo Castings Pvt Ltd, Gazebo Industries Ltd, Karmen International Pvt Ltd, Nelcast Ltd, Crescent Foundry Co. Pvt Ltd, Galaxy Agrico Exports Ltd, Menon Piston Rings Pvt Ltd, J K E W Metalec Ltd, Ghatghe Patil Industries Ltd, R B Forgings Pvt Ltd, Creative Castings Ltd, Mutha Engineering Pvt Ltd, Blue Stampings & Forgings Ltd, Rajasthan Udyog & Tools Pvt Ltd, Kolhapur Steel Ltd, Marvelous Engineers Pvt Ltd, Sankalp Engineering & Services Pvt Ltd, Aesthetic Stampings & Laminations Ltd, Indoshell Automotive Systems India Pvt Ltd, Happy Steels Pvt Ltd, Logwell Forge Ltd, R S I Pvt Ltd, Steel & Industrial Forgings Ltd, Arjan Dass & Sons Pvt Ltd, Sudhir Forgings Pvt Ltd, Satara Technocrats Pvt Ltd, Datre Corporation Ltd, Ramco Steels Pvt Ltd, AIA Engineering Ltd, Kumar Precision Stampings Pvt Ltd, R D Forge Pvt Ltd, Menon & Menon Ltd (2018), Kems Forgings Ltd, Southern Ferro Ltd, Anup Malleables Ltd, Flash Forge Pvt Ltd, Sharp Chucks and Machines Ltd, Hindusthan Malleable & Forgings Ltd, Amic Forging Ltd, Amma Alloy India Pvt Ltd, Uni Deritend Ltd, Victory Iron Works Ltd, Shri Balaji Industrial Products Ltd, Palco Metals Ltd, Ramkrishna Forgings Ltd, Happy Forgings Ltd, Sadhu Forgings Ltd, Sanmar Matrix Metals Ltd, Shree Ganesh Forgings Ltd, United Foundries Pvt Ltd, Pooja Forge Ltd, Shaifali Steels Ltd, Tamboli Castings Ltd, Coimbatore Metal Works Ltd, CIE Automotive India Ltd, Hilton Metal Forging Ltd, SRS Diecastings Pvt Ltd, LGB Forge Ltd, Vishnu Forge Industries Ltd, Shivaani Alloy Steel Castings Ltd, Bakul Casting Pvt Ltd, Munjal Kiriu Industries Pvt Ltd, Rolex Rings Ltd, Samrat Forgings Ltd, Borgwarner Emissions Systems India Pvt Ltd, Fitwell Tools & Forgings Pvt Ltd, MS Agarwal Foundries Pvt Ltd, Shriram Foundry Ltd, Arcvac Forgecast Ltd, BF Industrial Technology & Solutions Ltd, Bhagwati Steelcast Ltd, Ravi Technoforge Pvt Ltd, Deem Roll-Tech Ltd, CHW Forge Pvt LTd, JVR Forgings Ltd, Right Tight Fastners Pvt Ltd, Western India Forgings Pvt Ltd, Sunstar Precision Forge Ltd, Mahavir Castings Ltd, Mahamaya Casting Pvt Ltd, Mahavir Rolling Mill Ltd, Mahavir Die Casters Pvt Ltd, Munish International Pvt Ltd, Nexo Industries Pvt Ltd, Paranjape Autocast Pvt Ltd, Vinir Engineering Ltd, Auto International (India) Pvt Ltd, Universal Autofoundry Ltd, Guardian Casting Pvt Ltd, Super Screws Pvt Ltd, Eastern Alloys Pvt Ltd, Bhagwati Spherocast Pvt Ltd, Prashant Castings Pvt Ltd, Prashant Castech Pvt Ltd, Ashok Iron Works Pvt Ltd, G B Tools & Forgings Ltd, Himgiri Castings Pvt Ltd, SE Forge Ltd, Dekson Castings Ltd, Kaloti Engg.Company Pvt Ltd, Posco-India Pvt Ltd, Apollo Techno Forge Pvt Ltd, Captain Technocast Ltd, Achieve Techno Cast Pvt Ltd, Kishan Forge Pvt Ltd, Unique Forge (Gujarat) Pvt Ltd, Tirupati Forge Ltd, Amazone Castings & Engineering Pvt Ltd, Kalyani Technoforge Ltd, Bashko Engineering Pvt Ltd, Singla Forging Pvt Ltd, Hi-Mac Castings Pvt Ltd, Saketh Seven Star Industries Ltd, Osho Tools Pvt Ltd, Fasteners & Allied Products Pvt Ltd, Paramount Speciality Forgings Ltd, Shreyas Fabtech Ltd, Bangalore Metallurgicals Pvt Ltd, Chamundi Die Cast Pvt Ltd, Forge Auto International Ltd, Abha Power and Steel Ltd, BMC Metalcast Pvt Ltd, Jagadeesh Iron & Steels Pvt Ltd, Atul Fasteners Pvt Ltd, Stanley Engineered Fastening India Pvt Ltd, Sri Ranganathar Industries Pvt Ltd, Sonia Forgings Pvt Ltd, Prachi Forge Pvt Ltd, Liotech Industries Ltd, Super Iron Foundry Ltd and KVS Castings Ltd were updated in Capitaline.