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.
There are 46 listed companies in the Castings & Forgings industry on NSE and BSE in our database, 26 of them with full financials.
The largest by market capitalisation are Bharat Forge Limited (₹89,642 Cr), INDO-MIM Limited (₹62,888 Cr), AIA Engineering Limited (₹35,689 Cr).
Among the 19 companies worth more than ₹500 Cr, the median P/E of the profitable ones is 38.9 and the median return on equity is 11.6%.
Fastest sales growth in the latest quarter (year on year, above ₹500 Cr): PTC Industries +97%, Kennametal India +39%, Alicon Castalloy +38%.
Next to report results: CIE Automotive on 22 Oct.
Castings & Forgings companies by market cap
| # | Company | Market cap | P/E | ROE | Qtr sales YoY | Qtr profit YoY | Return 1Y | Next results |
|---|---|---|---|---|---|---|---|---|
| 1 | Bharat Forge LimitedBHARATFORG | ₹89,642 Cr | 125.30 | 7.5% | +18.7% | -131.7% | +55.3% | — |
| 2 | INDO-MIM LimitedINDOMIM | ₹62,888 Cr | — | — | — | — | — | — |
| 3 | AIA Engineering LimitedAIAENG | ₹35,689 Cr | 28.23 | 15.8% | +12.4% | -1.4% | +23.4% | — |
| 4 | PTC Industries LimitedPTCIL | ₹33,021 Cr | 263.47 | 8.3% | +97.4% | +466.2% | +42.2% | — |
| 5 | Happy Forgings LimitedHAPPYFORGE | ₹18,915 Cr | 57.70 | 15.4% | +27.0% | +39.2% | +106.1% | — |
| 6 | CIE Automotive India LimitedCIEINDIA | ₹14,277 Cr | 15.81 | 12.1% | +10.6% | +15.8% | -12.6% | 22 Oct |
| 7 | Ramkrishna Forgings LimitedRKFORGE | ₹12,644 Cr | 117.75 | 3.3% | +19.8% | +297.7% | +28.8% | — |
| 8 | Kennametal IndiaKENNAMET | ₹9,401 Cr | 68.62 | 17.1% | +39.0% | +112.5% | — | — |
| 9 | Balu Forge Industries LimitedBALUFORGE | ₹5,935 Cr | 22.14 | 16.8% | +29.0% | +15.9% | -24.5% | — |
| 10 | Rolex Rings LimitedROLEXRINGS | ₹5,151 Cr | 33.87 | 12.5% | +4.4% | +22.3% | +45.6% | — |
| 11 | Electrosteel Castings LimitedELECTCAST | ₹4,608 Cr | 38.28 | 2.0% | -8.5% | -45.7% | -22.4% | — |
| 12 | Steelcast LimitedSTEELCAS | ₹3,607 Cr | 39.85 | 22.9% | +17.0% | +19.3% | +64.5% | — |
| 13 | MM Forgings LimitedMMFL | ₹2,761 Cr | 24.37 | 11.6% | +15.7% | +78.1% | +73.5% | — |
| 14 | Sundaram Clayton LimitedSUNCLAY | ₹2,608 Cr | 8.06 | 25.0% | +15.6% | -2.7% | -30.1% | — |
| 15 | Ardee Industries LimitedARDEE | ₹1,538 Cr | — | — | — | — | — | — |
| 16 | Alicon Castalloy LimitedALICON | ₹1,424 Cr | 38.95 | 5.8% | +38.3% | +22.9% | -1.1% | — |
| 17 | Nelcast LimitedNELCAST | ₹1,056 Cr | 25.71 | 6.9% | +2.8% | -58.9% | -15.9% | — |
| 18 | Synergy Green Industries LimitedSGIL | ₹954 Cr | 204.67 | 4.2% | +22.1% | -89.3% | +11.6% | — |
| 19 | Tirupati Forge LimitedTIRUPATIFL | ₹889 Cr | 145.77 | 4.6% | +18.0% | -13.6% | +103.9% | — |
| 20 | Kalyani Forge LimitedKALYANIFRG | ₹344 Cr | 27.74 | 12.9% | +4.2% | +218.5% | +39.6% | — |
| 21 | Pritika Engineering Components LimitedPRITIKA | ₹165 Cr | 18.69 | 16.7% | -98.6% | -98.5% | — | — |
| 22 | DCM LimitedDCM | ₹136 Cr | — | -12.2% | +13.5% | -137.5% | -26.5% | — |
| 23 | Sharp Chucks and Machines LimitedSCML | ₹101 Cr | 5.94 | 16.0% | +28.2% | +0.0% | +4.4% | — |
| 24 | Hilton Metal Forging LimitedHILTON | ₹87 Cr | 17.00 | 3.4% | +167.4% | +1103.7% | -66.7% | — |
| 25 | Ganga Forging LimitedGANGAFORGE | ₹50 Cr | — | -8.1% | -7.3% | +464.9% | -60.4% | — |
| 26 | Deem Roll Tech LimitedDEEM | ₹39 Cr | 7.70 | 5.8% | -2.1% | +158.8% | — | — |
| 27 | Abha Power and Steel LimitedABHAPOWER | — | — | — | — | — | — | — |
| 28 | Amic Forging LtdBSE: 544037 | — | — | — | — | — | — | — |
| 29 | Creative Castings LtdBSE: 539527 | — | — | — | — | — | — | — |
| 30 | Forge Auto International LimitedFORGEAUTO | — | — | — | — | — | — | — |
| 31 | Gujarat Intrux LtdBSE: 517372 | — | — | — | — | — | — | — |
| 32 | Inv.& Prec.Cast.INVPRECQ | — | — | — | — | — | — | — |
| 33 | Investment & Precision Castings LtdBSE: 504786 | — | — | — | — | — | — | — |
| 34 | KVS Castings LtdBSE: 544554 | — | — | — | — | — | — | — |
| 35 | Krishanveer Forge LtdBSE: 513369 | — | — | — | — | — | — | — |
| 36 | Magna Electro Castings LtdBSE: 517449 | — | — | — | — | — | — | — |
| 37 | Munish Forge LimitedMUNISH | — | — | — | — | — | — | — |
| 38 | Neetu Yoshi LtdBSE: 544434 | — | — | — | — | — | — | — |
| 39 | Nitin Castings LtdBSE: 508875 | — | — | — | — | — | — | — |
| 40 | Paramount Speciality Forgings LimitedPSFL | — | — | — | — | — | — | — |
| 41 | Pattech Fitwell Tube Components LimitedPATTECH | — | — | — | — | — | — | — |
| 42 | Samrat Forgings LtdBSE: 543229 | — | — | — | — | — | — | — |
| 43 | Shayona Engineering LtdBSE: 544686 | — | — | — | — | — | — | — |
| 44 | Smiths & Founders (India) LtdBSE: 513418 | — | — | — | — | — | — | — |
| 45 | Super Iron Foundry LtdBSE: 544381 | — | — | — | — | — | — | — |
| 46 | 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.
Upcoming castings & forgings results
Frequently asked questions
Which are the largest castings & forgings stocks in India?
By market capitalisation: Bharat Forge Limited (₹89,642 Cr), INDO-MIM Limited (₹62,888 Cr), AIA Engineering Limited (₹35,689 Cr), PTC Industries Limited (₹33,021 Cr), Happy Forgings Limited (₹18,915 Cr).
How many castings & forgings companies are listed in India?
46 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 38.9, based on trailing-twelve-month profit and the latest close.
When do castings & forgings companies announce their results?
Upcoming board meetings for results: CIE Automotive India Limited on 22 Oct 2026.
