Castings & Forgings stocks in India

Every listed castings & forgings company on NSE and BSE in our database, largest first, with its valuation, profitability, latest quarterly growth, one-year return and next results date.

47 companies Combined market cap ₹283,014 Cr Data as of 23 Oct 2026 close

There are 47 listed companies in the Castings & Forgings industry on NSE and BSE in our database, 27 of them with full financials.

The largest by market capitalisation are Bharat Forge Limited (₹83,621 Cr), INDO-MIM Limited (₹54,373 Cr), PTC Industries Limited (₹35,165 Cr).

Among the 19 companies worth more than ₹500 Cr, the median P/E of the profitable ones is 34.9 and the median return on equity is 12.1%.

Fastest sales growth in the latest quarter (year on year, above ₹500 Cr): PTC Industries +97%, Kennametal India +48%, Alicon Castalloy +38%.

Next to report results: Gujarat Intrux on 29 Oct, Nelcast on 02 Nov, Synergy Green on 03 Nov.

Castings & Forgings companies by market cap

#CompanyMarket cap P/EROEQtr sales YoY Qtr profit YoYReturn 1YNext results
1 Bharat Forge LimitedBHARATFORG ₹83,621 Cr 116.89 7.5% +18.7% -131.7% +35.2% —
2 INDO-MIM LimitedINDOMIM ₹54,373 Cr — — +9.4% +31.9% — —
3 PTC Industries LimitedPTCIL ₹35,165 Cr 280.58 8.3% +97.4% +466.2% +40.6% —
4 AIA Engineering LimitedAIAENG ₹33,401 Cr 26.42 15.8% +12.4% -1.4% +8.0% —
5 Happy Forgings LimitedHAPPYFORGE ₹16,633 Cr 50.74 15.4% +27.0% +39.2% +87.1% 05 Nov
6 CIE Automotive India LimitedCIEINDIA ₹13,336 Cr 14.30 12.5% +11.0% +13.9% -17.5% —
7 Ramkrishna Forgings LimitedRKFORGE ₹10,948 Cr 101.95 3.3% +19.8% +297.7% +7.0% —
8 Kennametal IndiaKENNAMET ₹8,036 Cr 41.21 24.3% +48.0% +187.1% — —
9 Balu Forge Industries LimitedBALUFORGE ₹5,123 Cr 19.11 16.8% +29.0% +15.9% -32.5% —
10 Electrosteel Castings LimitedELECTCAST ₹4,098 Cr 34.05 2.0% -8.5% -45.7% -29.9% —
11 Rolex Rings LimitedROLEXRINGS ₹4,067 Cr 26.74 12.5% +4.4% +22.3% +16.8% —
12 Steelcast LimitedSTEELCAS ₹3,293 Cr 36.38 22.9% +17.0% +19.3% +46.6% —
13 MM Forgings LimitedMMFL ₹2,316 Cr 20.44 11.6% +15.7% +78.1% +60.5% —
14 Sundaram Clayton LimitedSUNCLAY ₹2,301 Cr 9.18 19.4% +15.6% -2.7% -31.3% —
15 Ardee Industries LimitedARDEE ₹1,332 Cr — — +35.0% +4.8% — —
16 Alicon Castalloy LimitedALICON ₹1,309 Cr 35.80 5.8% +38.3% +22.9% -6.8% —
17 Nelcast LimitedNELCAST ₹1,040 Cr 25.32 6.9% +2.8% -58.9% -4.0% 02 Nov
18 Synergy Green Industries LimitedSGIL ₹890 Cr — — -10.7% -433.3% +8.5% 03 Nov
19 Tirupati Forge LimitedTIRUPATIFL ₹765 Cr 125.44 4.6% +18.0% -13.6% +66.3% —
20 Kalyani Forge LimitedKALYANIFRG ₹262 Cr 21.14 12.9% +4.2% +218.5% -3.2% —
21 Pritika Engineering Components LimitedPRITIKA ₹208 Cr 23.54 16.7% +42.4% +47.2% — —
22 DCM LimitedDCM ₹131 Cr — -12.1% +13.5% -137.5% -25.9% —
23 Sharp Chucks and Machines LimitedSCML ₹105 Cr 11.64 8.5% +28.2% +0.0% — —
24 Pattech Fitwell Tube Components LimitedPATTECH ₹103 Cr 54.49 4.7% +2.1% +284.6% — —
25 Hilton Metal Forging LimitedHILTON ₹74 Cr 14.56 3.4% +167.4% +1103.7% -68.4% —
26 Ganga Forging LimitedGANGAFORGE ₹47 Cr — -8.1% -7.3% +464.9% -63.7% —
27 Deem Roll Tech LimitedDEEM ₹35 Cr 15.99 2.5% -2.1% +158.8% — —
28 Abha Power and Steel LimitedABHAPOWER — — — — — — —
29 Amic Forging LtdBSE: 544037 — — — — — — —
30 Creative Castings LtdBSE: 539527 — — — — — — —
31 Forge Auto International LimitedFORGEAUTO — — — — — — —
32 Gujarat Intrux LtdBSE: 517372 — — — — — — 29 Oct
33 Inv.& Prec.Cast.INVPRECQ — — — — — — —
34 Investment & Precision Castings LtdBSE: 504786 — — — — — — —
35 KVS Castings LtdBSE: 544554 — — — — — — —
36 Krishanveer Forge LtdBSE: 513369 — — — — — — —
37 Magna Electro Castings LtdBSE: 517449 — — — — — — —
38 Metalic Technoforge LimitedMETALIC — — — — — — —
39 Munish Forge LimitedMUNISH — — — — — — —
40 Neetu Yoshi LtdBSE: 544434 — — — — — — —
41 Nitin Castings LtdBSE: 508875 — — — — — — —
42 Paramount Speciality Forgings LimitedPSFL — — — — — — —
43 Samrat Forgings LtdBSE: 543229 — — — — — — —
44 Shayona Engineering LtdBSE: 544686 — — — — — — —
45 Smiths & Founders (India) LtdBSE: 513418 — — — — — — —
46 Super Iron Foundry LtdBSE: 544381 — — — — — — —
47 Swastika Castal LtdBSE: 544452 — — — — — — —

P/E "n/m" means the company made a loss over the last four quarters. Quarterly growth compares the latest quarter with the same quarter a year earlier. "—" means the figure is not available.

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Frequently asked questions

Which are the largest castings & forgings stocks in India?

By market capitalisation: Bharat Forge Limited (₹83,621 Cr), INDO-MIM Limited (₹54,373 Cr), PTC Industries Limited (₹35,165 Cr), AIA Engineering Limited (₹33,401 Cr), Happy Forgings Limited (₹16,633 Cr).

How many castings & forgings companies are listed in India?

47 companies listed on NSE and BSE are classified in the Castings & Forgings industry on this page, which merges the exchanges' and data vendors' labels for the same business.

What is the average P/E of castings & forgings stocks?

The median P/E of profitable castings & forgings companies worth more than ₹500 Cr is 34.9, based on trailing-twelve-month profit and the latest close.

When do castings & forgings companies announce their results?

Upcoming board meetings for results: Gujarat Intrux Ltd on 29 Oct 2026; Nelcast Limited on 02 Nov 2026; Synergy Green Industries Limited on 03 Nov 2026; Happy Forgings Limited on 05 Nov 2026.

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⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI