Rattibha

💡Castings and Forgings: From Molten Metal to Transformed Alloys
💡11 Small and Mid cap companies pioneering excellence in the Casting and Forging industries
[A thread.....]🧵👇

✍️TVS Holdings Ltd.:
The company is involved in the business of manufacturing and distributing aluminium die castings for heavy commercial vehicles, passenger cars, and the two-wheelers segment.
🔹M Cap: ₹16,350 Cr
🔹CMP: ₹8,081
🔹P/E: 20.5
🔹3 Years Sale Growth: 19.1%

✍️Ramkrishna Forgings Ltd.:
Co is the second largest forging player in India, engaged in manufacturing and selling forged components for automobiles, railway wagons & coaches, and engineering parts.
🔹M Cap: ₹12,022 Cr
🔹CMP: ₹665
🔹P/E: 38.0
🔹3 Years Sale Growth: 37.9%

✍️Electrosteel Castings Ltd.:
The company is involved in manufacturing Ductile Iron (DI) Pipes, Ductile Iron Fittings (DIF), Cast Iron (CI) Pipes and Pig Iron.
🔹M Cap: ₹10,403 Cr
🔹CMP: ₹175
🔹P/E: 17.3
🔹3 Years Sale Growth: 39.0%

✍️PTC Industries Ltd.:
The company is a leading global supplier of castings, machined components, and fabricated parts for critical and supercritical applications.
🔹M Cap: ₹10,281 Cr
🔹CMP: ₹7,573
🔹P/E: 280
🔹3 Years Sale Growth: 44.4%

✍️Happy Forgings Ltd.:
The company ranks as the fourth largest manufacturer in India for complex, safety-critical, heavy forged, and high precision machined components based on forging capacity.
🔹M Cap: ₹8,327 Cr
🔹CMP: ₹884
🔹P/E: 39.9
🔹Sale Growth: 39.1%

✍️Kennametal India Ltd.:
It manufactures carbide tools and special-purpose machines for automotive, transportation, defence, railways, infrastructure, energy and general engineering segments.
🔹M Cap: ₹5,424 Cr
🔹CMP: ₹2,468
🔹P/E: 71.1
🔹3 Years Sale Growth: 18.9%

✍️M M Forgings Ltd.:
Co is manufacturing steel forgings in raw, semi-machined, and fully machined stages in various grades of carbon, alloy, micro-alloy, and stainless steels.
🔹M Cap: ₹2,122 Cr
🔹CMP: ₹879
🔹P/E: 15.7
🔹3 Years Sale Growth: 24.7%

✍️Steelcast Ltd.:
SCL is involved in the manufacturing of castings for various components, primarily catering to earth-moving equipment manufacturers, utilizing the sand casting process.
🔹M Cap: ₹1,285 Cr
🔹CMP: ₹635
🔹P/E: 17.0
🔹3 Years Sale Growth: 33.5%

✍️Jayaswal Neco Industries Ltd:
Co is engaged in the manufacturing and supply of billets, rolled products, pig iron & skull, sponge iron, pellet, steel, and Iron & steel castings.
🔹M Cap: ₹4,918 Cr
🔹CMP: ₹50.6
🔹P/E: 23.0
🔹3 Years Sale Growth: 20.4%

✍️Nelcast Ltd.:
Company is engaged in the business of manufacturing iron castings, specializing in grey and ductile castings for the M&HCV and tractor industry segments.
🔹M Cap: ₹1,143 Cr
🔹CMP: ₹131
🔹P/E: 28.8
🔹3 Years Sale Growth: 30.6%

✍️Balu Forge Industries Ltd.:
Co is engaged in the manufacturing of fully finished and semi-finished forged crankshafts and Forged Components.
🔹M Cap: ₹2,081 Cr
🔹CMP: ₹203
🔹P/E: 25.8
🔹Sale Growth: 82.4%

⚡️Disclaimer: The above data should not be considered as a Buy or Sell recommendation. The analysis has been done for educational and learning purpose only.

✅Follow <@raghavwadhwa> for more insights on Micro cap companies and various sectors.
✅Join our Free telegram Channel t.me
✅Like & Retweet♻️
✅Visit our website samarwealth.com