Is the Castings, Forgings & Fastners sector outperforming NIFTY 500?
The 52-week sector comparison is unavailable. 14 of 19 covered companies currently have positive Mansfield relative strength versus NIFTY 500.
20-quarter listed-company comparison
Castings, Forgings & Fastners Stocks in India
Castings, Forgings & Fastners: Bharat Forge Ltd owns the largest revenue base; Tirupati Forge Ltd has the fastest current growth.
Nifty Castings, Forgings & Fastners Index — Constituents & Performance
The Castings, Forgings & Fastners companies below are the listed Indian Castings, Forgings & Fastners universe this page tracks — the same constituent set people search for as the Nifty Castings, Forgings & Fastners index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.
The sector itself · before any single company
How has Castings, Forgings & Fastners moved against NIFTY 500?
The line below covers 5.1 years. Over the most recent two of them this sector is 25% ahead of NIFTY 500. Earnings across its companies grew 1% on average over the last four reported quarters — close to flat. It has been ahead of NIFTY 500 on a rolling three-month view for 26 weeks running.
LEADER · ahead 26w~Price up, without the fundamentals confirming13 of 19 companies ahead of NIFTY 500 by 5% or more over three months
RS ↑26w · 15/19 >200d (+0) · 13/19 lead (+1) · EPS 11/19↑
Castings, Forgings & Fastners, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Strength anatomy
Broadening down the ladderHow much of the sector is participating, how recently, and whether the movers score well.
Together13 of 19 stocks moving
Fresh2 crossed in the last 4 weeks
Backed by scoresmovers score +4 vs the sector average
Down the cap ladder — bar is now, tick is four weeks ago
Large
3/40
Mid
5/7+2
Small
5/8−1
Participation is spreading downward — the mid and small companies added more this month than the large ones did.
Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 19 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.
Sector relative strength · before individual stocks
Is Castings, Forgings & Fastners outperforming NIFTY 500?
The 52-week comparison of Castings, Forgings & Fastners against NIFTY 500 is not available from the current market series. 14 of 19 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Tirupati Forge Ltd is the strongest against the sector itself at +38.4%. Readings are as of 2026-07-19.
—Sector vs NIFTY 500 · 13 weeks
—Sector vs NIFTY 500 · 52 weeks
14/19Stocks leading NIFTY 500
9/19Stocks leading sector
Sector metric: 24.1 as of 2026-07-19 · CONSOLIDATION · falling.
The central tension: the companies with the most scale are not necessarily the companies creating the most change.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
The 52-week sector comparison is unavailable. 14 of 19 covered companies currently have positive Mansfield relative strength versus NIFTY 500. Bharat Forge Ltd leads with revenue of ₹16,812 crore, based on 18 of 19 comparable companies through Mar 2026. Tirupati Forge Ltd has the fastest current revenue growth at 41.3%, across 18 of 19 comparable companies.
Which Castings, Forgings & Fastners company is largest by revenue?
Bharat Forge Ltd leads with revenue of ₹16,812 crore, based on 18 of 19 comparable companies through Mar 2026.
Which Castings, Forgings & Fastners company is growing fastest?
Tirupati Forge Ltd has the fastest current revenue growth at 41.3%, across 18 of 19 comparable companies.
Which Castings, Forgings & Fastners company has the strongest 4-Factor Sector Score?
Uniparts India Ltd ranks first at 82.8/100 with 95.6% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which Castings, Forgings & Fastners company reports the most CAPEX?
Sundaram Clayton Ltd reports the largest latest CAPEX at ₹155 crore, with 4 of 19 companies comparable.
Which Castings, Forgings & Fastners company has the least gross debt?
Steelcast Ltd has the lowest comparable gross debt at ₹0 crore. Bharat Forge Ltd has the highest at ₹7,309 crore.
Which Castings, Forgings & Fastners company has the lowest comparable PEG?
Uniparts India Ltd has the lowest comparable Guarded PEG at 0.38, among 8 of 19 companies that pass the metric’s comparability rules.
How much history does this Castings, Forgings & Fastners comparison include?
The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
Companies
19
complete canonical membership
Combined market value
₹2.2 L Cr
Bharat Forge Ltd
Revenue growing
16/18
positive TTM year-on-year growth
Beating NIFTY 500
14/19
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Uniparts India Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 95.6% evidence confidence.
Tirupati Forge Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.
1. Uniparts India Ltd · UNIPARTS
82.8/100 · Sector-leading setup · 96% evidence
Exact sum: 30.8 + 19.2 + 15.6 + 17.2 = 82.8
Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
30.8/35Growth & earnings
Revenue 21.6% · PAT 78.4% · OPM change 10 pp
88% evidence
19.2/25Capital efficiency
ROCE 21.6% · debt/equity 0.18×
100% evidence
15.6/20Valuation
P/E 19.3× · PEG 0.38
100% evidence
17.2/20Relative strength
RS sector 14.1% · RS bench 35.8% · 1Y 75.8%
100% evidence
2. Gala Precision Engineering Ltd · GALAPREC
70.1/100 · Favorable setup · 76% evidence
Exact sum: 26.7 + 14.6 + 9.8 + 19 = 70.1
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
26.7/35Growth & earnings
Revenue 32.5% · PAT 34.6% · OPM change 1 pp
83% evidence
14.6/25Capital efficiency
ROCE 15.6% · debt/equity 0.13×
95% evidence
9.8/20Valuation
P/E 40.4× · PEG —
15% evidence
19.0/20Relative strength
RS sector 19.4% · RS bench 42.4% · 1Y 35.7%
100% evidence
3. Uni Abex Alloy Products Ltd · 504605
69.4/100 · Favorable setup · 79% evidence
Exact sum: 22 + 18.9 + 9.5 + 19 = 69.4
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
22.0/35Growth & earnings
Revenue 13.5% · PAT 100% · OPM change 5 pp
83% evidence
18.9/25Capital efficiency
ROCE 19.2% · debt/equity 0.03×
80% evidence
9.5/20Valuation
P/E 19.8× · PEG —
50% evidence
19.0/20Relative strength
RS sector 20.5% · RS bench 43.3% · 1Y 43.4%
100% evidence
4. Steelcast Ltd · STEELCAS
60.6/100 · Mixed-positive evidence · 96% evidence
Exact sum: 16.4 + 20.8 + 13.5 + 9.9 = 60.6
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
16.4/35Growth & earnings
Revenue 13.1% · PAT 20.8% · OPM change -5 pp
88% evidence
20.8/25Capital efficiency
ROCE 32.3% · debt/equity 0×
100% evidence
13.5/20Valuation
P/E 35.9× · PEG 0.62
100% evidence
9.9/20Relative strength
RS sector 4.8% · RS bench 24.6% · 1Y 28.2%
100% evidence
5. Sona BLW Precision Forgings Ltd · SONACOMS
58.6/100 · Mixed-positive evidence · 97% evidence
Exact sum: 21.7 + 14 + 6.8 + 16.1 = 58.6
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
21.7/35Growth & earnings
Revenue 39.6% · PAT 18.1% · OPM change -1 pp
95% evidence
14.0/25Capital efficiency
ROCE 14.2% · debt/equity 0.07×
95% evidence
6.8/20Valuation
P/E 61.5× · PEG 3.04
100% evidence
16.1/20Relative strength
RS sector 13.8% · RS bench 35.5% · 1Y 46.9%
100% evidence
6. Kennametal India Ltd · KENNAMET
56.2/100 · Mixed-positive evidence · 96% evidence
Exact sum: 18.9 + 18.5 + 9.7 + 9.1 = 56.2
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
18.9/35Growth & earnings
Revenue 10.2% · PAT -4.3% · OPM change 2.1 pp
88% evidence
18.5/25Capital efficiency
ROCE 24.6% · debt/equity 0×
100% evidence
9.7/20Valuation
P/E 52.2× · PEG 1.53
100% evidence
9.1/20Relative strength
RS sector -1.2% · RS bench 17.6% · 1Y 20.6%
100% evidence
7. Amic Forging Ltd · 544037
55.9/100 · Thin evidence · provisional · 59% evidence
Exact sum: 17.8 + 20.6 + 7.2 + 10.3 = 55.9
Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
17.8/35Growth & earnings
Revenue — · PAT — · OPM change 5 pp
26% evidence
20.6/25Capital efficiency
ROCE 23.5% · debt/equity 0.03×
80% evidence
7.2/20Valuation
P/E 70.5× · PEG —
50% evidence
10.3/20Relative strength
RS sector -2.5% · RS bench 16.6% · 1Y 9.2%
100% evidence
8. Happy Forgings Ltd · HAPPYFORGE
55.7/100 · Mixed-positive evidence · 96% evidence
Exact sum: 19.1 + 17.2 + 5.5 + 13.9 = 55.7
Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.
19.1/35Growth & earnings
Revenue 9.8% · PAT 12.7% · OPM change 2 pp
88% evidence
17.2/25Capital efficiency
ROCE 18% · debt/equity 0.15×
100% evidence
5.5/20Valuation
P/E 51× · PEG 1.69
100% evidence
13.9/20Relative strength
RS sector 13.9% · RS bench 35.3% · 1Y 69.7%
100% evidence
9. Balu Forge Industries Ltd · BALUFORGE
55.4/100 · Mixed-positive evidence · 90% evidence
Exact sum: 17.1 + 20.1 + 14.7 + 3.5 = 55.4
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
17.1/35Growth & earnings
Revenue 19.9% · PAT 27% · OPM change -5 pp
88% evidence
20.1/25Capital efficiency
ROCE 22.7% · debt/equity 0.1×
100% evidence
14.7/20Valuation
P/E 20.3× · PEG 1.46
100% evidence
3.5/20Relative strength
RS sector -27.9% · RS bench -17.8% · 1Y -32.9%
70% evidence
10. Bharat Forge Ltd · BHARATFORG
54.0/100 · Mixed-positive evidence · 72% evidence
Exact sum: 19.9 + 11.6 + 9 + 13.5 = 54
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
19.9/35Growth & earnings
Revenue 11.2% · PAT 19.1% · OPM change -1 pp
83% evidence
11.6/25Capital efficiency
ROCE 12.6% · debt/equity 0.76×
80% evidence
9.0/20Valuation
P/E 91.1× · PEG —
15% evidence
13.5/20Relative strength
RS sector 15.9% · RS bench 37.5% · 1Y 80.1%
100% evidence
11. Tirupati Forge Ltd · TIRUPATIFL
51.7/100 · Mixed-positive evidence · 76% evidence
Exact sum: 14 + 9.3 + 8.7 + 19.7 = 51.7
Decision use: Price leads the evidence: RS versus the benchmark is 64.4%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
14.0/35Growth & earnings
Revenue 41.3% · PAT -19.9% · OPM change -2.1 pp
83% evidence
9.3/25Capital efficiency
ROCE 7.5% · debt/equity 0.32×
95% evidence
8.7/20Valuation
P/E 151× · PEG —
15% evidence
19.7/20Relative strength
RS sector 38.4% · RS bench 64.4% · 1Y 59.7%
100% evidence
12. CIE Automotive India Ltd · CIEINDIA
49.7/100 · Mixed-negative evidence · 100% evidence
Exact sum: 18.2 + 15.9 + 10 + 5.6 = 49.7
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
18.2/35Growth & earnings
Revenue 12.5% · PAT 14.3% · OPM change 1 pp
100% evidence
15.9/25Capital efficiency
ROCE 14.7% · debt/equity 0.07×
100% evidence
10.0/20Valuation
P/E 17.5× · PEG 2.4
100% evidence
5.6/20Relative strength
RS sector -10.1% · RS bench 7.7% · 1Y 10.4%
100% evidence
13. Nelcast Ltd · NELCAST
49.6/100 · Mixed-negative evidence · 83% evidence
Exact sum: 21.7 + 12.8 + 11.8 + 3.3 = 49.6
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
21.7/35Growth & earnings
Revenue 6.2% · PAT 26.3% · OPM change 0 pp
83% evidence
12.8/25Capital efficiency
ROCE 11.4% · debt/equity 0.43×
95% evidence
11.8/20Valuation
P/E 24.1× · PEG —
50% evidence
3.3/20Relative strength
RS sector -16.9% · RS bench -0.7% · 1Y -13.2%
100% evidence
14. M M Forgings Ltd · MMFL
42.8/100 · Mixed-negative evidence · 96% evidence
Exact sum: 11.5 + 8.8 + 11.8 + 10.7 = 42.8
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
11.5/35Growth & earnings
Revenue 4.3% · PAT -18.9% · OPM change -1 pp
88% evidence
8.8/25Capital efficiency
ROCE 9% · debt/equity 1.27×
100% evidence
11.8/20Valuation
P/E 27.2× · PEG 0.66
100% evidence
10.7/20Relative strength
RS sector 11.1% · RS bench 32.2% · 1Y 40.4%
100% evidence
15. Ramkrishna Forgings Ltd · RKFORGE
37.1/100 · Mixed-negative evidence · 76% evidence
Exact sum: 14.8 + 7.8 + 8.8 + 5.7 = 37.1
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
14.8/35Growth & earnings
Revenue 8.6% · PAT -71.3% · OPM change 4 pp
95% evidence
7.8/25Capital efficiency
ROCE 5.6% · debt/equity 0.74×
80% evidence
8.8/20Valuation
P/E 92× · PEG —
15% evidence
5.7/20Relative strength
RS sector -14.9% · RS bench 2.2% · 1Y -11.7%
100% evidence
16. Sundaram Clayton Ltd · SUNCLAY
35.1/100 · Mixed-negative evidence · 79% evidence
Exact sum: 18.7 + 2 + 11.5 + 2.9 = 35.1
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
18.7/35Growth & earnings
Revenue -10.3% · PAT 100% · OPM change 3 pp
88% evidence
2.0/25Capital efficiency
ROCE -3.3% · debt/equity 1×
100% evidence
11.5/20Valuation
P/E 11.5× · PEG —
15% evidence
2.9/20Relative strength
RS sector -20.5% · RS bench -4.3% · 1Y -30.4%
100% evidence
17. Alicon Castalloy Ltd · ALICON
34.5/100 · Adverse evidence · 77% evidence
Exact sum: 9.7 + 10.1 + 11.1 + 3.6 = 34.5
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
9.7/35Growth & earnings
Revenue 3% · PAT -25.2% · OPM change -1.8 pp
83% evidence
10.1/25Capital efficiency
ROCE 10% · debt/equity 0.56×
95% evidence
11.1/20Valuation
P/E 26.6× · PEG —
50% evidence
3.6/20Relative strength
RS sector -20.7% · RS bench -18.4% · 1Y -32.3%
70% evidence
18. Sterling Tools Ltd · STERTOOLS
26.3/100 · Adverse evidence · 77% evidence
Exact sum: 6.2 + 9.5 + 7.2 + 3.4 = 26.3
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6.2/35Growth & earnings
Revenue -19.3% · PAT -49.7% · OPM change -5.7 pp
83% evidence
9.5/25Capital efficiency
ROCE 7.2% · debt/equity 0.28×
95% evidence
7.2/20Valuation
P/E 36.7× · PEG —
50% evidence
3.4/20Relative strength
RS sector -42.6% · RS bench -7.9% · 1Y -35%
70% evidence
19. Synergy Green Industries Ltd · SGIL
25.8/100 · Adverse evidence · 76% evidence
Exact sum: 4.2 + 5.5 + 8.5 + 7.6 = 25.8
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4.2/35Growth & earnings
Revenue 1.1% · PAT -72.4% · OPM change -6.5 pp
83% evidence
5.5/25Capital efficiency
ROCE 9.2% · debt/equity 2.23×
95% evidence
8.5/20Valuation
P/E 186× · PEG —
15% evidence
7.6/20Relative strength
RS sector -9.2% · RS bench 8.9% · 1Y 11%
100% evidence
01 · compare level, then change
Revenue Scale & Growth Durability
Bharat Forge Ltd has the highest Revenue among the 19 Castings, Forgings & Fastners companies compared here, at ₹16,812 crore. CIE Automotive India Ltd is next at ₹9,998 crore. Tirupati Forge Ltd has the highest Revenue growth at 41.3%, so level and change sit with different companies. 18 of 19 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Bharat Forge Ltd is the scale leader at ₹16,812 crore, 68.2% ahead of CIE Automotive India Ltd. Tirupati Forge Ltd's growth is 41.3% from a ₹162 crore base, with 14 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
LeaderBharat Forge Ltd · ₹16,812 crore
Gap68.2% versus #2 · CIE Automotive India Ltd
Persistence4/8 recent comparable periods
Coverage18/19 companies · 294 observations
Investor read: Bharat Forge Ltd is the scale benchmark; Tirupati Forge Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Bharat Forge Ltd's growth falls below Tirupati Forge Ltd's for two consecutive comparable reports while operating margin also compresses.
Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Bharat Forge Ltd BHARATFORG₹16.8K Cr
2CIE Automotive India Ltd CIEINDIA₹10.0K Cr
3Sona BLW Precision Forgings Ltd SONACOMS₹4.9K Cr
4Ramkrishna Forgings Ltd RKFORGE₹4.4K Cr
5Sundaram Clayton Ltd SUNCLAY₹2.0K Cr
Revenue growthfastest growers
1Tirupati Forge Ltd TIRUPATIFL⚠ unverified41%
2Sona BLW Precision Forgings Ltd SONACOMS40%
3Gala Precision Engineering Ltd GALAPREC⚠ unverified33%
4Uniparts India Ltd UNIPARTS22%
5Balu Forge Industries Ltd BALUFORGE20%
Revenue · company comparison
18/19 level · 18/19 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Revenue | Revenue growth | Reported |
|---|---|---|---|
| Bharat Forge Ltd BHARATFORG | ₹4.5K Cr | 18% | Mar 2026 |
| CIE Automotive India Ltd CIEINDIA | ₹2.6K Cr | 11% | Jun 2026 |
| Sona BLW Precision Forgings Ltd SONACOMS | ₹1.3K Cr | 52% | Jun 2026 |
| Ramkrishna Forgings Ltd RKFORGE | ₹1.2K Cr | 20% | Jun 2026 |
| Sundaram Clayton Ltd SUNCLAY | ₹518 Cr | -12% | Mar 2026 |
| Alicon Castalloy Ltd ALICON⚠ unverified | ₹495 Cr | 17% | Mar 2026 |
| M M Forgings Ltd MMFL | ₹430 Cr | 16% | Mar 2026 |
| Happy Forgings Ltd HAPPYFORGE | ₹424 Cr | 20% | Mar 2026 |
| Kennametal India Ltd KENNAMET | ₹403 Cr | 39% | Mar 2026 |
| Nelcast Ltd NELCAST⚠ unverified | ₹368 Cr | 12% | Mar 2026 |
| Uniparts India Ltd UNIPARTS | ₹339 Cr | 34% | Mar 2026 |
| Balu Forge Industries Ltd BALUFORGE | ₹264 Cr | -2.2% | Mar 2026 |
| Sterling Tools Ltd STERTOOLS⚠ unverified | ₹222 Cr | 11% | Mar 2026 |
| Synergy Green Industries Ltd SGIL⚠ unverified | ₹119 Cr | 22% | Mar 2026 |
| Steelcast Ltd STEELCAS | ₹112 Cr | -6.7% | Mar 2026 |
| Gala Precision Engineering Ltd GALAPREC⚠ unverified | ₹95 Cr | 27% | Mar 2026 |
| Uni Abex Alloy Products Ltd 504605 | ₹78 Cr | 30% | Mar 2026 |
| Amic Forging Ltd 544037 | ₹75 Cr | 29% | Mar 2026 |
| Tirupati Forge Ltd TIRUPATIFL⚠ unverified | ₹42 Cr | 52% | Mar 2026 |
Full 20-quarter history · every available company
Revenue · reported quarter history
Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Amic Forging Ltd · 544037
—
—
—
—
—
—
—
—
₹52 Cr
—
₹75 Cr
—
₹64 Cr
—
₹58 Cr
—
₹67 Cr
—
₹75 Cr
—
Balu Forge Industries Ltd · BALUFORGE
₹74 Cr
₹81 Cr
₹83 Cr
₹53 Cr
₹62 Cr
₹89 Cr
₹124 Cr
₹112 Cr
₹139 Cr
₹147 Cr
₹161 Cr
₹175 Cr
₹223 Cr
₹256 Cr
₹270 Cr
₹233 Cr
₹300 Cr
₹311 Cr
₹264 Cr
—
Bharat Forge Ltd · BHARATFORG
—
—
—
—
₹3.1K Cr
₹3.4K Cr
₹3.6K Cr
₹3.9K Cr
₹3.8K Cr
₹3.9K Cr
₹4.2K Cr
₹4.1K Cr
₹3.7K Cr
₹3.5K Cr
₹3.9K Cr
₹3.9K Cr
₹4.0K Cr
₹4.3K Cr
₹4.5K Cr
—
CIE Automotive India Ltd · CIEINDIA
₹2.1K Cr
₹443 Cr
₹2.6K Cr
₹2.7K Cr
₹2.2K Cr
₹2.2K Cr
₹2.4K Cr
₹2.3K Cr
₹2.3K Cr
₹2.2K Cr
₹2.4K Cr
₹2.3K Cr
₹2.1K Cr
₹2.1K Cr
₹2.3K Cr
₹2.4K Cr
₹2.4K Cr
₹2.4K Cr
₹2.6K Cr
₹2.6K Cr
Happy Forgings Ltd · HAPPYFORGE
—
—
—
₹300 Cr
₹300 Cr
₹294 Cr
₹302 Cr
₹330 Cr
₹343 Cr
₹342 Cr
₹343 Cr
₹341 Cr
₹361 Cr
₹354 Cr
₹352 Cr
₹354 Cr
₹377 Cr
₹391 Cr
₹424 Cr
—
Kennametal India Ltd · KENNAMET
₹238 Cr
₹239 Cr
₹246 Cr
₹269 Cr
₹267 Cr
₹275 Cr
₹256 Cr
₹279 Cr
₹258 Cr
₹271 Cr
₹269 Cr
₹302 Cr
₹270 Cr
₹287 Cr
₹290 Cr
₹323 Cr
₹296 Cr
₹334 Cr
₹403 Cr
—
M M Forgings Ltd · MMFL
₹273 Cr
₹296 Cr
₹323 Cr
₹344 Cr
₹358 Cr
₹372 Cr
₹388 Cr
₹370 Cr
₹397 Cr
₹399 Cr
₹398 Cr
₹382 Cr
₹398 Cr
₹374 Cr
₹371 Cr
₹362 Cr
₹385 Cr
₹414 Cr
₹430 Cr
—
Ramkrishna Forgings Ltd · RKFORGE
—
—
—
—
—
₹777 Cr
₹892 Cr
₹892 Cr
₹899 Cr
₹996 Cr
₹974 Cr
₹959 Cr
₹1.1K Cr
₹1.1K Cr
₹947 Cr
₹1.0K Cr
₹908 Cr
₹1.1K Cr
₹1.2K Cr
₹1.2K Cr
Sona BLW Precision Forgings Ltd · SONACOMS
₹586 Cr
₹494 Cr
₹529 Cr
₹584 Cr
₹653 Cr
₹675 Cr
₹743 Cr
₹731 Cr
₹787 Cr
₹782 Cr
₹884 Cr
₹891 Cr
₹922 Cr
₹868 Cr
₹865 Cr
₹854 Cr
₹1.1K Cr
₹1.2K Cr
₹1.3K Cr
₹1.3K Cr
Steelcast Ltd · STEELCAS
₹77 Cr
₹79 Cr
₹93 Cr
₹116 Cr
₹121 Cr
₹120 Cr
₹120 Cr
₹119 Cr
₹102 Cr
₹90 Cr
₹98 Cr
₹77 Cr
₹75 Cr
₹102 Cr
₹120 Cr
₹107 Cr
₹107 Cr
₹97 Cr
₹112 Cr
—
Sundaram Clayton Ltd · SUNCLAY
—
—
—
—
—
—
—
₹521 Cr
₹297 Cr
₹551 Cr
₹555 Cr
₹580 Cr
₹563 Cr
₹529 Cr
₹587 Cr
₹512 Cr
₹495 Cr
₹501 Cr
₹518 Cr
—
Uniparts India Ltd · UNIPARTS
—
₹303 Cr
₹347 Cr
₹347 Cr
₹360 Cr
₹331 Cr
₹328 Cr
₹297 Cr
₹294 Cr
₹259 Cr
₹290 Cr
₹261 Cr
₹241 Cr
₹208 Cr
₹253 Cr
₹274 Cr
₹277 Cr
₹281 Cr
₹339 Cr
—
Revenue growth · reported quarter history
Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Amic Forging Ltd · 544037
—
—
—
—
—
—
—
—
—
—
—
—
23%
—
-23%
—
4.7%
—
29%
—
Balu Forge Industries Ltd · BALUFORGE
—
—
—
10%
-16%
9.9%
49%
111%
124%
65%
30%
56%
60%
74%
68%
33%
35%
21%
-2.2%
—
Bharat Forge Ltd · BHARATFORG
—
—
—
—
—
—
—
—
23%
15%
15%
5.9%
-2.3%
-10%
-7.5%
-4.8%
9.3%
25%
18%
—
CIE Automotive India Ltd · CIEINDIA
—
—
—
33%
6.6%
407%
-5.7%
-14%
2.2%
-0.3%
-0.5%
-1.2%
-6.3%
-5.8%
-6.4%
3.3%
11%
13%
15%
11%
Happy Forgings Ltd · HAPPYFORGE
—
—
—
—
—
—
—
10%
14%
16%
14%
3.3%
5.3%
3.5%
2.6%
3.8%
4.4%
10%
20%
—
Kennametal India Ltd · KENNAMET
21%
10%
7.9%
27%
12%
15%
4.1%
3.7%
-3.4%
-1.5%
5.1%
8.2%
4.7%
5.9%
7.8%
7.0%
9.6%
16%
39%
—
M M Forgings Ltd · MMFL
—
—
—
39%
31%
26%
20%
7.6%
11%
7.3%
2.6%
3.2%
0.3%
-6.3%
-6.8%
-5.2%
-3.3%
11%
16%
—
Ramkrishna Forgings Ltd · RKFORGE
—
—
—
—
—
—
—
—
—
28%
9.2%
7.5%
17%
7.8%
-2.8%
5.8%
-14%
2.3%
29%
20%
Sona BLW Precision Forgings Ltd · SONACOMS
—
—
—
17%
11%
37%
40%
25%
21%
16%
19%
22%
17%
11%
-2.2%
-4.2%
23%
38%
45%
52%
Steelcast Ltd · STEELCAS
—
—
—
119%
57%
52%
29%
2.6%
-16%
-25%
-18%
-35%
-26%
13%
22%
39%
43%
-4.9%
-6.7%
—
Sundaram Clayton Ltd · SUNCLAY
—
—
—
—
—
—
—
—
—
—
—
11%
90%
-4.0%
5.8%
-12%
-12%
-5.3%
-12%
—
Uniparts India Ltd · UNIPARTS
—
—
—
—
—
9.2%
-5.5%
-14%
-18%
-22%
-12%
-12%
-18%
-20%
-13%
5.0%
15%
35%
34%
—
02 · compare level, then change
Operating Economics & Margin Trend
Amic Forging Ltd has the highest OPM among the 19 Castings, Forgings & Fastners companies compared here, at 33%. Uni Abex Alloy Products Ltd is next at 31%. Uniparts India Ltd has the highest Margin change at +10 percentage points, so level and change sit with different companies. Its OPM series carries 7 reported observations across the 20-quarter window.
What the numbers say: Amic Forging Ltd leads opm at 33%; Uniparts India Ltd leads margin change at +10 percentage points.
LeaderAmic Forging Ltd · 33%
Gap6.5% versus #2 · Uni Abex Alloy Products Ltd
Persistence3/4 recent comparable periods
Coverage19/19 companies · 334 observations
Investor read: Amic Forging Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current margin change signal.
Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Amic Forging Ltd 54403733%
2Uni Abex Alloy Products Ltd 50460531%
3Happy Forgings Ltd HAPPYFORGE31%
4Steelcast Ltd STEELCAS26%
5Uniparts India Ltd UNIPARTS24%
Margin changefastest expanders
1Uniparts India Ltd UNIPARTS+10.0 pp
2Uni Abex Alloy Products Ltd 504605+5.0 pp
3Amic Forging Ltd 544037+5.0 pp
4Ramkrishna Forgings Ltd RKFORGE+4.0 pp
5Sundaram Clayton Ltd SUNCLAY+3.0 pp
Operating margin · company comparison
19/19 level · 19/19 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| Amic Forging Ltd 544037 | 33% | +5.0 pp | Mar 2026 |
| Uni Abex Alloy Products Ltd 504605 | 31% | +5.0 pp | Mar 2026 |
| Happy Forgings Ltd HAPPYFORGE | 31% | +2.0 pp | Mar 2026 |
| Steelcast Ltd STEELCAS | 26% | −5.0 pp | Mar 2026 |
| Uniparts India Ltd UNIPARTS | 24% | +10.0 pp | Mar 2026 |
| Sona BLW Precision Forgings Ltd SONACOMS | 23% | −1.0 pp | Jun 2026 |
| Balu Forge Industries Ltd BALUFORGE | 23% | −5.0 pp | Mar 2026 |
| M M Forgings Ltd MMFL | 19% | −1.0 pp | Mar 2026 |
| Ramkrishna Forgings Ltd RKFORGE | 18% | +4.0 pp | Jun 2026 |
| Gala Precision Engineering Ltd GALAPREC⚠ unverified | 18% | +1.0 pp | Mar 2026 |
| Bharat Forge Ltd BHARATFORG | 17% | −1.0 pp | Mar 2026 |
| Kennametal India Ltd KENNAMET | 16% | +2.1 pp | Mar 2026 |
| CIE Automotive India Ltd CIEINDIA | 15% | +1.0 pp | Jun 2026 |
| Alicon Castalloy Ltd ALICON⚠ unverified | 9.2% | −1.8 pp | Mar 2026 |
| Tirupati Forge Ltd TIRUPATIFL⚠ unverified | 9.2% | −2.1 pp | Mar 2026 |
| Nelcast Ltd NELCAST⚠ unverified | 9.0% | 0.0 pp | Mar 2026 |
| Synergy Green Industries Ltd SGIL⚠ unverified | 8.8% | −6.5 pp | Mar 2026 |
| Sundaram Clayton Ltd SUNCLAY | 8.0% | +3.0 pp | Mar 2026 |
| Sterling Tools Ltd STERTOOLS⚠ unverified | 3.6% | −5.7 pp | Mar 2026 |
Full 20-quarter history · every available company
OPM · reported quarter history
Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Amic Forging Ltd · 544037
—
—
—
—
—
—
—
17%
19%
—
9.0%
—
19%
—
28%
—
27%
—
33%
—
Balu Forge Industries Ltd · BALUFORGE
12%
15%
12%
15%
8.0%
20%
17%
19%
22%
22%
21%
25%
29%
26%
28%
31%
28%
27%
23%
—
Bharat Forge Ltd · BHARATFORG
21%
21%
15%
15%
14%
13%
12%
15%
16%
18%
15%
18%
18%
18%
18%
17%
18%
17%
17%
—
CIE Automotive India Ltd · CIEINDIA
13%
11%
14%
14%
13%
13%
16%
16%
15%
15%
15%
16%
15%
14%
15%
14%
15%
14%
15%
15%
Happy Forgings Ltd · HAPPYFORGE
—
—
—
27%
30%
25%
28%
30%
27%
28%
28%
29%
29%
29%
29%
29%
31%
31%
31%
—
Kennametal India Ltd · KENNAMET
19%
19%
17%
17%
18%
14%
12%
13%
14%
16%
17%
16%
16%
14%
14%
15%
18%
13%
16%
—
M M Forgings Ltd · MMFL
18%
19%
17%
18%
19%
20%
18%
18%
19%
19%
20%
19%
19%
20%
20%
18%
17%
17%
19%
—
Ramkrishna Forgings Ltd · RKFORGE
23%
24%
21%
21%
21%
22%
22%
22%
22%
22%
19%
18%
16%
12%
10%
14%
13%
15%
17%
18%
Sona BLW Precision Forgings Ltd · SONACOMS
26%
26%
24%
24%
25%
26%
27%
28%
28%
30%
28%
28%
27%
27%
27%
24%
25%
25%
24%
23%
Steelcast Ltd · STEELCAS
23%
21%
19%
21%
23%
26%
26%
27%
28%
30%
29%
25%
25%
28%
31%
26%
28%
28%
26%
—
Sundaram Clayton Ltd · SUNCLAY
—
—
—
—
—
—
—
5.0%
8.0%
-1.0%
3.0%
2.0%
3.0%
7.0%
5.0%
3.0%
3.0%
7.0%
8.0%
—
Uniparts India Ltd · UNIPARTS
—
22%
20%
22%
22%
24%
19%
20%
18%
16%
16%
16%
15%
15%
14%
19%
21%
20%
24%
—
Margin change · reported quarter history
Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Amic Forging Ltd · 544037
—
—
—
—
—
—
—
—
—
—
—
—
0.0 pp
—
+19.0 pp
—
+8.0 pp
—
+5.0 pp
—
Balu Forge Industries Ltd · BALUFORGE
—
+5.9 pp
+4.7 pp
+3.4 pp
−4.5 pp
+5.0 pp
+4.5 pp
+4.2 pp
+14.0 pp
+2.0 pp
+4.0 pp
+6.0 pp
+7.0 pp
+4.0 pp
+7.0 pp
+6.0 pp
−1.0 pp
+1.0 pp
−5.0 pp
—
Bharat Forge Ltd · BHARATFORG
+8.8 pp
+4.6 pp
−4.1 pp
−6.0 pp
−6.9 pp
−7.9 pp
−3.2 pp
+0.1 pp
+2.0 pp
+5.0 pp
+3.0 pp
+3.0 pp
+2.0 pp
0.0 pp
+3.0 pp
−1.0 pp
0.0 pp
−1.0 pp
−1.0 pp
—
CIE Automotive India Ltd · CIEINDIA
+3.9 pp
−1.8 pp
+0.5 pp
+1.1 pp
+0.2 pp
+2.2 pp
+2.4 pp
+2.2 pp
+2.0 pp
+2.0 pp
−1.0 pp
0.0 pp
0.0 pp
−1.0 pp
0.0 pp
−2.0 pp
0.0 pp
0.0 pp
0.0 pp
+1.0 pp
Happy Forgings Ltd · HAPPYFORGE
—
—
—
—
—
—
—
+3.5 pp
−3.3 pp
+3.0 pp
0.0 pp
−1.0 pp
+2.0 pp
+1.0 pp
+1.0 pp
0.0 pp
+2.0 pp
+2.0 pp
+2.0 pp
—
Kennametal India Ltd · KENNAMET
+5.0 pp
+5.0 pp
+2.0 pp
−1.0 pp
−1.0 pp
−5.0 pp
−5.0 pp
−4.0 pp
−4.0 pp
+2.0 pp
+5.0 pp
+3.0 pp
+2.0 pp
−2.0 pp
−3.0 pp
−1.0 pp
+2.0 pp
−1.0 pp
+2.1 pp
—
M M Forgings Ltd · MMFL
+0.3 pp
+3.6 pp
−2.8 pp
−0.2 pp
+1.0 pp
+0.7 pp
+0.8 pp
−0.4 pp
0.0 pp
−1.0 pp
+2.0 pp
+1.0 pp
0.0 pp
+1.0 pp
0.0 pp
−1.0 pp
−2.0 pp
−3.0 pp
−1.0 pp
—
Ramkrishna Forgings Ltd · RKFORGE
+4.6 pp
+4.7 pp
+0.2 pp
−1.5 pp
−1.4 pp
−1.5 pp
+1.5 pp
+0.6 pp
+0.7 pp
0.0 pp
−3.0 pp
−4.0 pp
−6.0 pp
−10.0 pp
−9.0 pp
−4.0 pp
−3.0 pp
+3.0 pp
+7.0 pp
+4.0 pp
Sona BLW Precision Forgings Ltd · SONACOMS
−6.2 pp
−3.6 pp
−1.7 pp
−4.2 pp
−1.7 pp
−0.4 pp
+2.7 pp
+4.5 pp
+3.3 pp
+4.0 pp
+1.0 pp
0.0 pp
−1.0 pp
−3.0 pp
−1.0 pp
−4.0 pp
−2.0 pp
−2.0 pp
−3.0 pp
−1.0 pp
Steelcast Ltd · STEELCAS
+2.0 pp
−0.2 pp
−1.1 pp
−1.1 pp
+0.2 pp
+4.9 pp
+7.1 pp
+6.2 pp
+4.7 pp
+4.0 pp
+3.0 pp
−2.0 pp
−3.0 pp
−2.0 pp
+2.0 pp
+1.0 pp
+3.0 pp
0.0 pp
−5.0 pp
—
Sundaram Clayton Ltd · SUNCLAY
—
—
—
—
—
—
—
—
—
—
—
−3.0 pp
−5.0 pp
+8.0 pp
+2.0 pp
+1.0 pp
0.0 pp
0.0 pp
+3.0 pp
—
Uniparts India Ltd · UNIPARTS
—
—
—
—
—
+1.9 pp
−1.2 pp
−1.7 pp
−4.1 pp
−8.0 pp
−3.0 pp
−4.0 pp
−3.0 pp
−1.0 pp
−2.0 pp
+3.0 pp
+6.0 pp
+5.0 pp
+10.0 pp
—
03 · compare level, then change
Profit Scale & Acceleration
Bharat Forge Ltd has the highest Net profit among the 19 Castings, Forgings & Fastners companies compared here, at ₹1,089 crore. CIE Automotive India Ltd is next at ₹903 crore. Uni Abex Alloy Products Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.
What the numbers say: Bharat Forge Ltd leads with ₹1,089 crore of TTM profit, 20.6% above CIE Automotive India Ltd. Uni Abex Alloy Products Ltd shows ≥100% on the scoring scale (748.5% uncapped) growth from a ₹280 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
LeaderBharat Forge Ltd · ₹1,089 crore
Gap20.6% versus #2 · CIE Automotive India Ltd
Persistence5/8 recent comparable periods
Coverage18/19 companies · 294 observations
Investor read: Bharat Forge Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Bharat Forge Ltd BHARATFORG₹1.1K Cr
2CIE Automotive India Ltd CIEINDIA₹903 Cr
3Sona BLW Precision Forgings Ltd SONACOMS₹686 Cr
4Happy Forgings Ltd HAPPYFORGE₹302 Cr
5Uni Abex Alloy Products Ltd 504605₹280 Cr
Profit growthfastest growers
1Uni Abex Alloy Products Ltd 504605100%
2Sundaram Clayton Ltd SUNCLAY100%
3Uniparts India Ltd UNIPARTS78%
4Gala Precision Engineering Ltd GALAPREC⚠ unverified35%
5Balu Forge Industries Ltd BALUFORGE27%
Net profit · company comparison
18/19 level · 18/19 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| Sundaram Clayton Ltd SUNCLAY | ₹426 Cr | 196% | Mar 2026 |
| Uni Abex Alloy Products Ltd 504605 | ₹258 Cr | 1,885% | Mar 2026 |
| CIE Automotive India Ltd CIEINDIA | ₹236 Cr | 16% | Jun 2026 |
| Bharat Forge Ltd BHARATFORG | ₹233 Cr | -18% | Mar 2026 |
| Sona BLW Precision Forgings Ltd SONACOMS | ₹179 Cr | 47% | Jun 2026 |
| Happy Forgings Ltd HAPPYFORGE | ₹84 Cr | 24% | Mar 2026 |
| Balu Forge Industries Ltd BALUFORGE | ₹66 Cr | 4.8% | Mar 2026 |
| Kennametal India Ltd KENNAMET | ₹51 Cr | 113% | Mar 2026 |
| Uniparts India Ltd UNIPARTS | ₹51 Cr | 122% | Mar 2026 |
| Ramkrishna Forgings Ltd RKFORGE | ₹47 Cr | 292% | Jun 2026 |
| M M Forgings Ltd MMFL | ₹45 Cr | 36% | Mar 2026 |
| Steelcast Ltd STEELCAS | ₹23 Cr | -15% | Mar 2026 |
| Amic Forging Ltd 544037 | ₹16 Cr | 23% | Mar 2026 |
| Nelcast Ltd NELCAST⚠ unverified | ₹15 Cr | 7.1% | Mar 2026 |
| Gala Precision Engineering Ltd GALAPREC⚠ unverified | ₹12 Cr | 20% | Mar 2026 |
| Alicon Castalloy Ltd ALICON⚠ unverified | ₹8 Cr | -16% | Mar 2026 |
| Sterling Tools Ltd STERTOOLS⚠ unverified | ₹2 Cr | -82% | Mar 2026 |
| Tirupati Forge Ltd TIRUPATIFL⚠ unverified | ₹2 Cr | 17% | Mar 2026 |
| Synergy Green Industries Ltd SGIL⚠ unverified | ₹0 Cr | -89% | Mar 2026 |
Full 20-quarter history · every available company
Net profit · reported quarter history
Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Amic Forging Ltd · 544037
—
—
—
—
—
—
—
—
₹7 Cr
—
₹7 Cr
—
₹23 Cr
—
₹13 Cr
—
₹12 Cr
—
₹16 Cr
—
Balu Forge Industries Ltd · BALUFORGE
₹7 Cr
₹8 Cr
₹11 Cr
₹7 Cr
₹5 Cr
₹11 Cr
₹15 Cr
₹17 Cr
₹23 Cr
₹25 Cr
₹28 Cr
₹34 Cr
₹48 Cr
₹59 Cr
₹63 Cr
₹57 Cr
₹65 Cr
₹71 Cr
₹66 Cr
—
Bharat Forge Ltd · BHARATFORG
—
—
—
—
₹142 Cr
₹79 Cr
₹128 Cr
₹214 Cr
₹215 Cr
₹254 Cr
₹227 Cr
₹175 Cr
₹243 Cr
₹213 Cr
₹283 Cr
₹284 Cr
₹299 Cr
₹273 Cr
₹233 Cr
—
CIE Automotive India Ltd · CIEINDIA
₹166 Cr
₹80 Cr
₹161 Cr
₹189 Cr
₹171 Cr
₹-658 Cr
₹279 Cr
₹302 Cr
₹375 Cr
₹169 Cr
₹230 Cr
₹217 Cr
₹195 Cr
₹185 Cr
₹206 Cr
₹204 Cr
₹214 Cr
₹204 Cr
₹249 Cr
₹236 Cr
Happy Forgings Ltd · HAPPYFORGE
—
—
—
₹58 Cr
₹58 Cr
₹42 Cr
₹51 Cr
₹64 Cr
₹55 Cr
₹58 Cr
₹66 Cr
₹64 Cr
₹71 Cr
₹65 Cr
₹68 Cr
₹66 Cr
₹73 Cr
₹79 Cr
₹84 Cr
—
Kennametal India Ltd · KENNAMET
₹28 Cr
₹31 Cr
₹27 Cr
₹28 Cr
₹32 Cr
₹22 Cr
₹16 Cr
₹19 Cr
₹17 Cr
₹25 Cr
₹38 Cr
₹30 Cr
₹25 Cr
₹22 Cr
₹24 Cr
₹31 Cr
₹31 Cr
₹24 Cr
₹51 Cr
—
M M Forgings Ltd · MMFL
₹27 Cr
₹29 Cr
₹12 Cr
₹28 Cr
₹33 Cr
₹36 Cr
₹31 Cr
₹29 Cr
₹35 Cr
₹34 Cr
₹37 Cr
₹30 Cr
₹32 Cr
₹27 Cr
₹33 Cr
₹19 Cr
₹17 Cr
₹18 Cr
₹45 Cr
—
Ramkrishna Forgings Ltd · RKFORGE
—
—
—
—
—
₹61 Cr
₹68 Cr
₹79 Cr
₹82 Cr
₹87 Cr
₹66 Cr
₹55 Cr
₹140 Cr
₹21 Cr
₹200 Cr
₹12 Cr
₹-10 Cr
₹14 Cr
₹56 Cr
₹47 Cr
Sona BLW Precision Forgings Ltd · SONACOMS
₹88 Cr
₹86 Cr
₹105 Cr
₹76 Cr
₹93 Cr
₹107 Cr
₹120 Cr
₹112 Cr
₹124 Cr
₹134 Cr
₹148 Cr
₹142 Cr
₹144 Cr
₹151 Cr
₹164 Cr
₹122 Cr
₹170 Cr
₹150 Cr
₹187 Cr
₹179 Cr
Steelcast Ltd · STEELCAS
₹10 Cr
₹9 Cr
₹10 Cr
₹14 Cr
₹18 Cr
₹19 Cr
₹20 Cr
₹20 Cr
₹19 Cr
₹17 Cr
₹19 Cr
₹13 Cr
₹13 Cr
₹19 Cr
₹27 Cr
₹20 Cr
₹23 Cr
₹21 Cr
₹23 Cr
—
Sundaram Clayton Ltd · SUNCLAY
—
—
—
—
—
—
—
₹-36 Cr
₹-10 Cr
₹-63 Cr
₹-47 Cr
₹-56 Cr
₹-54 Cr
₹-44 Cr
₹144 Cr
₹-58 Cr
₹-64 Cr
₹-52 Cr
₹426 Cr
—
Uniparts India Ltd · UNIPARTS
—
₹44 Cr
₹46 Cr
₹51 Cr
₹53 Cr
₹56 Cr
₹45 Cr
₹37 Cr
₹33 Cr
₹26 Cr
₹29 Cr
₹25 Cr
₹21 Cr
₹19 Cr
₹23 Cr
₹34 Cr
₹39 Cr
₹33 Cr
₹51 Cr
—
Profit growth · reported quarter history
Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Amic Forging Ltd · 544037
—
—
—
—
—
—
—
—
—
—
—
—
229%
—
86%
—
-48%
—
23%
—
Balu Forge Industries Ltd · BALUFORGE
—
—
—
75%
-29%
38%
36%
143%
360%
127%
87%
100%
109%
136%
125%
68%
35%
20%
4.8%
—
Bharat Forge Ltd · BHARATFORG
—
—
—
—
—
—
—
—
51%
222%
77%
-18%
13%
-16%
25%
62%
23%
28%
-18%
—
CIE Automotive India Ltd · CIEINDIA
—
—
—
39%
3.0%
-923%
73%
60%
119%
—
-18%
-28%
-48%
9.5%
-10%
-6.0%
9.7%
10%
21%
16%
Happy Forgings Ltd · HAPPYFORGE
—
—
—
—
—
—
—
10%
-5.2%
38%
29%
0.0%
29%
12%
3.0%
3.1%
2.8%
22%
24%
—
Kennametal India Ltd · KENNAMET
115%
94%
23%
27%
14%
-29%
-41%
-32%
-47%
14%
138%
58%
47%
-12%
-37%
3.3%
24%
9.1%
113%
—
M M Forgings Ltd · MMFL
—
—
—
22%
22%
24%
158%
3.6%
6.1%
-5.6%
19%
3.5%
-8.6%
-21%
-11%
-37%
-47%
-33%
36%
—
Ramkrishna Forgings Ltd · RKFORGE
—
—
—
—
—
—
—
—
—
43%
-2.9%
-30%
71%
-76%
203%
-78%
-107%
-33%
-72%
292%
Sona BLW Precision Forgings Ltd · SONACOMS
—
—
—
-7.3%
5.7%
24%
14%
47%
33%
25%
23%
27%
16%
13%
11%
-14%
18%
-0.7%
14%
47%
Steelcast Ltd · STEELCAS
—
—
—
180%
80%
111%
100%
43%
5.6%
-11%
-5.0%
-35%
-32%
12%
42%
54%
77%
11%
-15%
—
Sundaram Clayton Ltd · SUNCLAY
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
196%
—
Uniparts India Ltd · UNIPARTS
—
—
—
—
—
27%
-2.2%
-27%
-38%
-54%
-36%
-32%
-36%
-27%
-21%
36%
86%
74%
122%
—
04 · compare level, then change
Capacity Spending & Returns On It
Sundaram Clayton Ltd has the highest CAPEX among the 19 Castings, Forgings & Fastners companies compared here, at ₹155 crore. Happy Forgings Ltd is next at ₹44 crore. The same company also holds the highest CAPEX intensity, at 27.5%. 4 of 19 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Sundaram Clayton Ltd reports ₹155 crore of CAPEX; Sundaram Clayton Ltd has the highest covered intensity at 27.5%. Coverage is only 4 of 19 companies and 10 reported observations, so this is partial evidence—not a complete sector rank.
LeaderSundaram Clayton Ltd · ₹155 crore
Gap252.3% versus #2 · Happy Forgings Ltd
Persistence3/3 recent comparable periods
Coverage4/19 companies · 10 observations
Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.
This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.
CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
CAPEXlargest spenders
1Sundaram Clayton Ltd SUNCLAY₹155 Cr
2Happy Forgings Ltd HAPPYFORGE₹44 Cr
3Uniparts India Ltd UNIPARTS₹7 Cr
4Gala Precision Engineering Ltd GALAPREC⚠ unverified₹4 Cr
CAPEX intensityhighest reinvestment intensity
1Sundaram Clayton Ltd SUNCLAY28%
2Happy Forgings Ltd HAPPYFORGE15%
3Gala Precision Engineering Ltd GALAPREC⚠ unverified7.0%
4Uniparts India Ltd UNIPARTS1.9%
Capital expenditure · company comparison
4/19 level · 4/19 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
Withheld from this chart: Bharat Forge Ltd (BHARATFORG) — its two data sources disagree by up to 16% on reported income across 15 comparable periods, so its derived ratios are withheld; Ramkrishna Forgings Ltd (RKFORGE) — its two data sources disagree by up to 372% on reported income across 13 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | CAPEX | CAPEX intensity | Reported |
|---|---|---|---|
| Sundaram Clayton Ltd SUNCLAY | ₹155 Cr | 28% | Mar 2026 |
| Happy Forgings Ltd HAPPYFORGE | ₹44 Cr | 15% | Mar 2026 |
| Uniparts India Ltd UNIPARTS | ₹7 Cr | 1.9% | Mar 2026 |
| Gala Precision Engineering Ltd GALAPREC⚠ unverified | ₹4 Cr | 7.0% | Mar 2026 |
Full 20-quarter history · every available company
CAPEX · reported quarter history
Gala Precision Engineering Ltd · GALAPREC⚠ unverified
—
—
—
—
—
—
—
—
—
₹4 Cr
₹4 Cr
—
—
—
—
—
—
—
—
—
Happy Forgings Ltd · HAPPYFORGE
—
—
—
₹44 Cr
₹44 Cr
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
Sundaram Clayton Ltd · SUNCLAY
—
—
—
—
—
—
—
₹57 Cr
—
—
—
₹146 Cr
₹155 Cr
—
—
—
—
—
—
—
Uniparts India Ltd · UNIPARTS
—
—
₹10 Cr
₹8 Cr
₹7 Cr
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
CAPEX intensity · reported quarter history
Gala Precision Engineering Ltd · GALAPREC⚠ unverified
—
—
—
—
—
—
—
—
—
8.2%
7.0%
—
—
—
—
—
—
—
—
—
Happy Forgings Ltd · HAPPYFORGE
—
—
—
15%
15%
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
Sundaram Clayton Ltd · SUNCLAY
—
—
—
—
—
—
—
11%
—
—
—
25%
28%
—
—
—
—
—
—
—
Uniparts India Ltd · UNIPARTS
—
—
2.9%
2.3%
1.9%
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
Annual capital allocation · 10-year view
19/19 capacity base · 19/19 OCF · 19/19 CAPEX · 19/19 FCF
Capacity base is net fixed assets plus capital work in progress, straight off the reported balance sheet. It is not cash spent, so it answers a narrower question than CAPEX — but it is reported for companies whose cash-flow CAPEX is not published, which is why it leads here. Missing years remain blank; annual values are never relabelled as quarters.
Full annual capacity base, operating cash flow, CAPEX and free cash flow history
Capacity base · net fixed assets + CWIP · fiscal-year history
Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Amic Forging Ltd · 544037
—
—
—
—
₹4 Cr
₹5 Cr
₹8 Cr
₹12 Cr
₹41 Cr
₹100 Cr
Balu Forge Industries Ltd · BALUFORGE
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹42 Cr
₹49 Cr
₹55 Cr
₹187 Cr
₹600 Cr
₹824 Cr
Bharat Forge Ltd · BHARATFORG
₹3.7K Cr
₹3.8K Cr
₹4.5K Cr
₹5.1K Cr
₹5.7K Cr
₹6.0K Cr
₹6.9K Cr
₹7.3K Cr
₹8.4K Cr
₹9.5K Cr
CIE Automotive India Ltd · CIEINDIA
₹4.6K Cr
₹4.8K Cr
₹5.0K Cr
₹6.1K Cr
₹6.8K Cr
₹6.7K Cr
₹5.7K Cr
₹5.9K Cr
₹5.9K Cr
₹6.3K Cr
Happy Forgings Ltd · HAPPYFORGE
—
₹294 Cr
₹337 Cr
₹384 Cr
₹455 Cr
₹668 Cr
₹753 Cr
₹871 Cr
₹1.0K Cr
₹1.3K Cr
Kennametal India Ltd · KENNAMET
₹149 Cr
₹175 Cr
₹251 Cr
₹279 Cr
₹277 Cr
₹292 Cr
₹309 Cr
₹302 Cr
₹281 Cr
—
M M Forgings Ltd · MMFL
₹334 Cr
₹433 Cr
₹690 Cr
₹725 Cr
₹692 Cr
₹744 Cr
₹867 Cr
₹1.0K Cr
₹1.3K Cr
₹1.4K Cr
Ramkrishna Forgings Ltd · RKFORGE
₹1.1K Cr
₹1.1K Cr
₹1.2K Cr
₹1.4K Cr
₹1.5K Cr
₹1.6K Cr
₹1.8K Cr
₹2.6K Cr
₹3.5K Cr
₹4.1K Cr
Sona BLW Precision Forgings Ltd · SONACOMS
—
₹811 Cr
₹304 Cr
₹1.2K Cr
₹1.3K Cr
₹1.5K Cr
₹1.7K Cr
₹2.3K Cr
₹2.5K Cr
₹4.1K Cr
Steelcast Ltd · STEELCAS
₹126 Cr
₹125 Cr
₹117 Cr
₹107 Cr
₹99 Cr
₹114 Cr
₹142 Cr
₹138 Cr
₹144 Cr
₹159 Cr
Sundaram Clayton Ltd · SUNCLAY
₹3.0K Cr
₹4.1K Cr
—
—
₹1.5K Cr
₹1.5K Cr
₹1.5K Cr
₹1.8K Cr
₹2.2K Cr
₹2.3K Cr
Uniparts India Ltd · UNIPARTS
—
—
₹365 Cr
₹350 Cr
₹324 Cr
₹327 Cr
₹344 Cr
₹343 Cr
₹337 Cr
₹362 Cr
Operating cash flow · fiscal-year history
Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Amic Forging Ltd · 544037
—
—
—
—
₹-2 Cr
₹6 Cr
₹18 Cr
₹-8 Cr
₹6 Cr
₹9 Cr
Balu Forge Industries Ltd · BALUFORGE
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹17 Cr
₹-58 Cr
₹26 Cr
₹-32 Cr
₹148 Cr
₹32 Cr
Bharat Forge Ltd · BHARATFORG
₹1.1K Cr
₹967 Cr
₹911 Cr
₹1.5K Cr
₹1.0K Cr
₹506 Cr
₹1.3K Cr
₹1.7K Cr
₹1.8K Cr
₹1.5K Cr
CIE Automotive India Ltd · CIEINDIA
₹304 Cr
₹512 Cr
₹708 Cr
₹1.0K Cr
₹539 Cr
₹1.1K Cr
₹1.1K Cr
₹1.4K Cr
₹881 Cr
₹1.3K Cr
Happy Forgings Ltd · HAPPYFORGE
—
—
₹136 Cr
₹169 Cr
₹60 Cr
₹80 Cr
₹209 Cr
₹189 Cr
₹292 Cr
₹445 Cr
Kennametal India Ltd · KENNAMET
₹77 Cr
₹63 Cr
₹71 Cr
₹34 Cr
₹166 Cr
₹49 Cr
₹116 Cr
₹114 Cr
₹145 Cr
—
M M Forgings Ltd · MMFL
₹107 Cr
₹4 Cr
₹27 Cr
₹283 Cr
₹20 Cr
₹150 Cr
₹160 Cr
₹149 Cr
₹182 Cr
₹228 Cr
Ramkrishna Forgings Ltd · RKFORGE
₹144 Cr
₹127 Cr
₹267 Cr
₹254 Cr
₹140 Cr
₹43 Cr
₹745 Cr
₹621 Cr
₹33 Cr
₹840 Cr
Sona BLW Precision Forgings Ltd · SONACOMS
—
₹149 Cr
₹155 Cr
₹253 Cr
₹143 Cr
₹445 Cr
₹533 Cr
₹693 Cr
₹775 Cr
₹659 Cr
Steelcast Ltd · STEELCAS
₹26 Cr
₹13 Cr
₹54 Cr
₹34 Cr
₹29 Cr
₹0 Cr
₹107 Cr
₹82 Cr
₹75 Cr
₹86 Cr
Sundaram Clayton Ltd · SUNCLAY
₹838 Cr
₹324 Cr
—
—
₹111 Cr
₹105 Cr
₹126 Cr
₹46 Cr
₹-45 Cr
₹-4 Cr
Uniparts India Ltd · UNIPARTS
—
—
₹-6 Cr
₹133 Cr
₹153 Cr
₹85 Cr
₹253 Cr
₹200 Cr
₹182 Cr
₹174 Cr
CAPEX · reported cash flow · fiscal-year history
Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Amic Forging Ltd · 544037
—
—
—
—
—
₹2 Cr
₹4 Cr
₹5 Cr
₹32 Cr
₹63 Cr
Balu Forge Industries Ltd · BALUFORGE
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹43 Cr
₹8 Cr
₹7 Cr
₹134 Cr
₹416 Cr
₹234 Cr
Bharat Forge Ltd · BHARATFORG
₹639 Cr
₹581 Cr
₹1.1K Cr
₹1.2K Cr
₹1.1K Cr
₹1.1K Cr
₹1.6K Cr
₹1.3K Cr
₹1.9K Cr
₹2.1K Cr
CIE Automotive India Ltd · CIEINDIA
₹1.5K Cr
₹464 Cr
₹478 Cr
₹1.4K Cr
₹961 Cr
₹232 Cr
₹-750 Cr
₹520 Cr
₹390 Cr
₹765 Cr
Happy Forgings Ltd · HAPPYFORGE
—
—
₹72 Cr
₹75 Cr
₹107 Cr
₹251 Cr
₹139 Cr
₹183 Cr
₹237 Cr
₹403 Cr
Kennametal India Ltd · KENNAMET
₹54 Cr
₹54 Cr
₹104 Cr
₹62 Cr
₹36 Cr
₹51 Cr
₹56 Cr
₹37 Cr
₹25 Cr
—
M M Forgings Ltd · MMFL
₹81 Cr
₹145 Cr
₹315 Cr
₹95 Cr
₹32 Cr
₹120 Cr
₹202 Cr
₹254 Cr
₹402 Cr
₹192 Cr
Ramkrishna Forgings Ltd · RKFORGE
₹167 Cr
₹131 Cr
₹245 Cr
₹271 Cr
₹239 Cr
₹255 Cr
₹384 Cr
₹1.1K Cr
₹1.1K Cr
₹941 Cr
Sona BLW Precision Forgings Ltd · SONACOMS
—
—
₹-476 Cr
₹918 Cr
₹242 Cr
₹373 Cr
₹326 Cr
₹856 Cr
₹485 Cr
₹1.8K Cr
Steelcast Ltd · STEELCAS
₹4 Cr
₹14 Cr
₹8 Cr
₹6 Cr
₹6 Cr
₹33 Cr
₹46 Cr
₹14 Cr
₹19 Cr
₹28 Cr
Sundaram Clayton Ltd · SUNCLAY
—
₹1.6K Cr
—
—
—
₹112 Cr
₹239 Cr
₹358 Cr
₹571 Cr
₹264 Cr
Uniparts India Ltd · UNIPARTS
—
—
—
₹20 Cr
₹11 Cr
₹40 Cr
₹56 Cr
₹41 Cr
₹38 Cr
₹70 Cr
Free cash flow · fiscal-year history
Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Amic Forging Ltd · 544037
—
—
—
—
—
₹4 Cr
₹14 Cr
₹-13 Cr
₹-26 Cr
₹-54 Cr
Balu Forge Industries Ltd · BALUFORGE
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹-26 Cr
₹-66 Cr
₹19 Cr
₹-166 Cr
₹-268 Cr
₹-202 Cr
Bharat Forge Ltd · BHARATFORG
₹413 Cr
₹386 Cr
₹-222 Cr
₹285 Cr
₹-97 Cr
₹-569 Cr
₹-309 Cr
₹378 Cr
₹-137 Cr
₹-638 Cr
CIE Automotive India Ltd · CIEINDIA
₹-1.2K Cr
₹48 Cr
₹230 Cr
₹-386 Cr
₹-422 Cr
₹819 Cr
₹1.9K Cr
₹863 Cr
₹491 Cr
₹493 Cr
Happy Forgings Ltd · HAPPYFORGE
—
—
₹64 Cr
₹94 Cr
₹-47 Cr
₹-171 Cr
₹70 Cr
₹6 Cr
₹55 Cr
₹42 Cr
Kennametal India Ltd · KENNAMET
₹23 Cr
₹9 Cr
₹-33 Cr
₹-28 Cr
₹130 Cr
₹-2 Cr
₹60 Cr
₹77 Cr
₹120 Cr
—
M M Forgings Ltd · MMFL
₹26 Cr
₹-141 Cr
₹-288 Cr
₹188 Cr
₹-12 Cr
₹30 Cr
₹-42 Cr
₹-105 Cr
₹-220 Cr
₹36 Cr
Ramkrishna Forgings Ltd · RKFORGE
₹-23 Cr
₹-4 Cr
₹22 Cr
₹-17 Cr
₹-99 Cr
₹-212 Cr
₹361 Cr
₹-496 Cr
₹-1.1K Cr
₹-101 Cr
Sona BLW Precision Forgings Ltd · SONACOMS
—
—
₹631 Cr
₹-665 Cr
₹-99 Cr
₹72 Cr
₹207 Cr
₹-163 Cr
₹290 Cr
₹-1.2K Cr
Steelcast Ltd · STEELCAS
₹22 Cr
₹-1 Cr
₹46 Cr
₹28 Cr
₹23 Cr
₹-33 Cr
₹61 Cr
₹68 Cr
₹56 Cr
₹58 Cr
Sundaram Clayton Ltd · SUNCLAY
—
₹-1.2K Cr
—
—
—
₹-7 Cr
₹-113 Cr
₹-312 Cr
₹-616 Cr
₹-268 Cr
Uniparts India Ltd · UNIPARTS
—
—
—
₹113 Cr
₹142 Cr
₹45 Cr
₹197 Cr
₹159 Cr
₹144 Cr
₹104 Cr
05 · compare level, then change
Debt Load & Balance-Sheet Headroom
Steelcast Ltd has the lowest Gross debt among the 19 Castings, Forgings & Fastners companies compared here, at ₹0 crore. Kennametal India Ltd is next at ₹2 crore. CIE Automotive India Ltd has the lowest Net debt at ₹1,211 crore net cash, so level and change sit with different companies.
What the numbers say: CIE Automotive India Ltd has the clearest covered balance-sheet capacity with ₹1,211 crore net cash and gross debt of ₹513 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.
LeaderSteelcast Ltd · ₹0 crore
Gap100% versus #2 · Kennametal India Ltd
Persistence6/8 recent comparable periods
Coverage19/19 companies · 278 observations
Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.
This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.
Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1Steelcast Ltd STEELCAS₹0 Cr
2Kennametal India Ltd KENNAMET₹2 Cr
3Amic Forging Ltd 544037₹6 Cr
4Uni Abex Alloy Products Ltd 504605₹13 Cr
5Gala Precision Engineering Ltd GALAPREC⚠ unverified₹38 Cr
Net debtlowest net debt
1CIE Automotive India Ltd CIEINDIA₹-1.2K Cr
2Sona BLW Precision Forgings Ltd SONACOMS₹-787 Cr
3Kennametal India Ltd KENNAMET₹-177 Cr
4Uniparts India Ltd UNIPARTS₹-95 Cr
5Happy Forgings Ltd HAPPYFORGE₹-76 Cr
Debt and balance-sheet capacity · company comparison
19/19 level · 15/19 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Gross debt | Net debt | Reported |
|---|---|---|---|
| Bharat Forge Ltd BHARATFORG | ₹7.3K Cr | — | Mar 2026 |
| Ramkrishna Forgings Ltd RKFORGE | ₹2.4K Cr | — | Jun 2026 |
| Sundaram Clayton Ltd SUNCLAY | ₹1.3K Cr | ₹1.2K Cr | Mar 2026 |
| M M Forgings Ltd MMFL | ₹1.2K Cr | ₹1.0K Cr | Mar 2026 |
| CIE Automotive India Ltd CIEINDIA | ₹513 Cr | ₹-1.2K Cr | Jun 2026 |
| Sona BLW Precision Forgings Ltd SONACOMS | ₹442 Cr | ₹-787 Cr | Jun 2026 |
| Alicon Castalloy Ltd ALICON⚠ unverified | ₹354 Cr | ₹334 Cr | Mar 2026 |
| Happy Forgings Ltd HAPPYFORGE | ₹330 Cr | ₹-76 Cr | Mar 2026 |
| Nelcast Ltd NELCAST⚠ unverified | ₹257 Cr | ₹172 Cr | Mar 2026 |
| Synergy Green Industries Ltd SGIL⚠ unverified | ₹250 Cr | ₹238 Cr | Mar 2026 |
| Uniparts India Ltd UNIPARTS | ₹155 Cr | ₹-95 Cr | Mar 2026 |
| Balu Forge Industries Ltd BALUFORGE | ₹152 Cr | ₹63 Cr | Mar 2026 |
| Sterling Tools Ltd STERTOOLS⚠ unverified | ₹147 Cr | ₹-12 Cr | Mar 2026 |
| Tirupati Forge Ltd TIRUPATIFL⚠ unverified | ₹42 Cr | ₹35 Cr | Mar 2026 |
| Gala Precision Engineering Ltd GALAPREC⚠ unverified | ₹38 Cr | ₹27 Cr | Mar 2026 |
| Uni Abex Alloy Products Ltd 504605 | ₹13 Cr | — | Mar 2026 |
| Amic Forging Ltd 544037 | ₹6 Cr | — | Mar 2026 |
| Kennametal India Ltd KENNAMET | ₹2 Cr | ₹-177 Cr | Mar 2026 |
| Steelcast Ltd STEELCAS | ₹0 Cr | ₹-56 Cr | Mar 2026 |
Full 20-quarter history · every available company
Gross debt · reported quarter history
Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Amic Forging Ltd · 544037
—
—
₹11 Cr
—
—
—
₹5 Cr
—
—
—
₹4 Cr
—
—
—
₹0 Cr
—
₹7 Cr
—
₹6 Cr
—
Balu Forge Industries Ltd · BALUFORGE
₹26 Cr
₹26 Cr
₹47 Cr
—
₹69 Cr
₹69 Cr
₹52 Cr
₹52 Cr
₹71 Cr
₹71 Cr
₹49 Cr
₹49 Cr
₹59 Cr
₹59 Cr
₹40 Cr
₹40 Cr
₹82 Cr
₹82 Cr
₹152 Cr
—
Bharat Forge Ltd · BHARATFORG
—
—
₹6.0K Cr
—
—
—
₹7.3K Cr
—
—
—
₹7.9K Cr
—
—
—
₹6.7K Cr
—
₹6.7K Cr
—
₹7.3K Cr
—
CIE Automotive India Ltd · CIEINDIA
₹1.5K Cr
₹1.5K Cr
₹1.5K Cr
₹1.4K Cr
₹1.4K Cr
₹985 Cr
₹985 Cr
₹864 Cr
₹864 Cr
₹855 Cr
₹855 Cr
₹481 Cr
₹481 Cr
₹570 Cr
₹570 Cr
₹486 Cr
₹486 Cr
₹426 Cr
₹426 Cr
₹513 Cr
Happy Forgings Ltd · HAPPYFORGE
—
—
₹240 Cr
₹240 Cr
—
—
₹219 Cr
₹219 Cr
₹259 Cr
—
₹143 Cr
₹143 Cr
₹149 Cr
₹149 Cr
₹228 Cr
₹228 Cr
₹193 Cr
₹193 Cr
₹330 Cr
—
Kennametal India Ltd · KENNAMET
—
—
—
₹0 Cr
—
—
—
₹3 Cr
₹3 Cr
₹3 Cr
₹3 Cr
₹3 Cr
₹3 Cr
₹3 Cr
₹3 Cr
₹2 Cr
₹3 Cr
₹2 Cr
₹2 Cr
—
M M Forgings Ltd · MMFL
₹590 Cr
₹590 Cr
₹685 Cr
₹685 Cr
₹403 Cr
₹403 Cr
₹756 Cr
₹756 Cr
₹801 Cr
₹801 Cr
₹931 Cr
₹931 Cr
₹1.2K Cr
₹1.2K Cr
₹1.2K Cr
₹1.2K Cr
₹1.2K Cr
₹1.3K Cr
₹1.2K Cr
—
Ramkrishna Forgings Ltd · RKFORGE
—
—
₹1.6K Cr
—
—
—
₹1.3K Cr
—
—
—
₹1.2K Cr
—
—
—
₹2.1K Cr
—
₹2.7K Cr
—
₹2.4K Cr
—
Sona BLW Precision Forgings Ltd · SONACOMS
₹182 Cr
₹182 Cr
₹151 Cr
₹151 Cr
₹255 Cr
₹255 Cr
₹295 Cr
₹295 Cr
₹386 Cr
₹386 Cr
₹412 Cr
₹418 Cr
₹202 Cr
₹202 Cr
₹202 Cr
₹202 Cr
₹211 Cr
₹211 Cr
₹442 Cr
—
Steelcast Ltd · STEELCAS
₹11 Cr
₹11 Cr
₹63 Cr
₹63 Cr
₹47 Cr
₹47 Cr
₹24 Cr
₹24 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
—
—
₹0 Cr
₹0 Cr
₹0 Cr
—
₹0 Cr
—
Sundaram Clayton Ltd · SUNCLAY
—
—
₹990 Cr
—
—
—
₹1.1K Cr
₹1.2K Cr
—
—
₹1.4K Cr
₹1.6K Cr
—
—
₹1.5K Cr
₹1.5K Cr
₹1.6K Cr
₹1.6K Cr
₹1.3K Cr
—
Uniparts India Ltd · UNIPARTS
—
₹171 Cr
₹158 Cr
₹146 Cr
—
—
₹61 Cr
₹61 Cr
₹63 Cr
₹63 Cr
₹103 Cr
₹103 Cr
₹118 Cr
₹118 Cr
₹120 Cr
₹120 Cr
₹121 Cr
₹121 Cr
₹155 Cr
—
Net debt · reported quarter history
Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Alicon Castalloy Ltd · ALICON⚠ unverified
₹240 Cr
₹240 Cr
₹254 Cr
₹248 Cr
₹264 Cr
₹264 Cr
₹289 Cr
₹289 Cr
₹307 Cr
₹307 Cr
₹320 Cr
₹320 Cr
₹353 Cr
₹353 Cr
₹355 Cr
₹354 Cr
₹334 Cr
₹334 Cr
₹334 Cr
—
Balu Forge Industries Ltd · BALUFORGE
₹16 Cr
₹16 Cr
₹40 Cr
—
₹62 Cr
₹62 Cr
₹44 Cr
₹44 Cr
₹-31 Cr
₹-31 Cr
₹-42 Cr
₹-42 Cr
₹-175 Cr
₹-175 Cr
₹-56 Cr
₹-56 Cr
₹44 Cr
₹44 Cr
₹63 Cr
—
CIE Automotive India Ltd · CIEINDIA
₹1.1K Cr
₹915 Cr
₹913 Cr
₹1.2K Cr
₹1.2K Cr
₹357 Cr
₹356 Cr
₹456 Cr
₹456 Cr
₹-139 Cr
₹-165 Cr
₹-175 Cr
₹-175 Cr
₹-722 Cr
₹-722 Cr
₹-307 Cr
₹-307 Cr
₹-1.2K Cr
₹-1.2K Cr
—
Gala Precision Engineering Ltd · GALAPREC⚠ unverified
—
—
—
—
—
—
—
₹59 Cr
₹59 Cr
₹56 Cr
₹56 Cr
₹56 Cr
₹-65 Cr
₹-65 Cr
₹22 Cr
₹22 Cr
₹-24 Cr
₹-24 Cr
₹27 Cr
—
Happy Forgings Ltd · HAPPYFORGE
—
—
—
₹239 Cr
—
—
₹219 Cr
₹219 Cr
₹258 Cr
—
₹21 Cr
₹26 Cr
₹56 Cr
₹56 Cr
₹88 Cr
₹88 Cr
₹8 Cr
₹8 Cr
₹-76 Cr
—
Kennametal India Ltd · KENNAMET
—
—
—
—
—
—
—
₹-86 Cr
₹-86 Cr
₹-110 Cr
₹-110 Cr
₹-110 Cr
₹-110 Cr
₹-204 Cr
₹-204 Cr
₹-162 Cr
₹-162 Cr
₹-177 Cr
₹-177 Cr
—
M M Forgings Ltd · MMFL
₹372 Cr
₹372 Cr
₹458 Cr
₹458 Cr
₹187 Cr
₹187 Cr
₹537 Cr
₹537 Cr
₹575 Cr
₹575 Cr
₹721 Cr
₹721 Cr
₹949 Cr
₹949 Cr
₹967 Cr
₹967 Cr
₹1.1K Cr
₹1.1K Cr
₹1.0K Cr
—
Nelcast Ltd · NELCAST⚠ unverified
₹207 Cr
₹207 Cr
₹219 Cr
₹219 Cr
₹240 Cr
₹240 Cr
₹199 Cr
₹199 Cr
₹199 Cr
₹199 Cr
₹244 Cr
₹244 Cr
₹242 Cr
₹242 Cr
₹216 Cr
₹216 Cr
₹224 Cr
₹224 Cr
₹172 Cr
—
Sona BLW Precision Forgings Ltd · SONACOMS
₹64 Cr
₹64 Cr
₹67 Cr
₹67 Cr
₹50 Cr
₹50 Cr
₹-3 Cr
₹-3 Cr
₹142 Cr
₹142 Cr
₹106 Cr
₹-36 Cr
₹-2.7K Cr
₹-2.7K Cr
₹-2.4K Cr
₹-2.4K Cr
₹-366 Cr
₹-366 Cr
₹-787 Cr
—
Steelcast Ltd · STEELCAS
₹9 Cr
₹9 Cr
₹63 Cr
₹63 Cr
₹44 Cr
₹44 Cr
₹19 Cr
₹19 Cr
₹-4 Cr
₹-4 Cr
₹-29 Cr
₹-29 Cr
—
—
₹-56 Cr
₹-56 Cr
—
—
—
—
Sundaram Clayton Ltd · SUNCLAY
—
—
—
—
—
—
—
₹1.1K Cr
—
—
₹1.4K Cr
₹1.6K Cr
—
—
₹1.5K Cr
₹1.5K Cr
₹1.6K Cr
₹1.6K Cr
₹1.2K Cr
—
Uniparts India Ltd · UNIPARTS
—
₹156 Cr
₹144 Cr
₹114 Cr
—
—
₹-3 Cr
₹-3 Cr
₹-56 Cr
₹-56 Cr
₹-72 Cr
₹-72 Cr
₹-129 Cr
₹-129 Cr
₹-156 Cr
₹-156 Cr
₹-192 Cr
₹-192 Cr
₹-95 Cr
—
06 · compare level, then change
Return On Capital Employed
Steelcast Ltd has the highest ROCE among the 19 Castings, Forgings & Fastners companies compared here, at 32.3%. Kennametal India Ltd is next at 24.6%. Uniparts India Ltd has the highest ROCE change at +11 percentage points, so level and change sit with different companies. 19 of 19 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Steelcast Ltd leads ROCE at 32.3%, 7.7 percentage points above Kennametal India Ltd. Uniparts India Ltd has the strongest latest improvement at +11 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.
LeaderSteelcast Ltd · 32.3%
Gap31.3% versus #2 · Kennametal India Ltd
Persistence2/8 recent comparable periods
Coverage19/19 companies · 217 observations
Investor read: Steelcast Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roce change signal.
ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Steelcast Ltd STEELCAS32%
2Kennametal India Ltd KENNAMET25%
3Amic Forging Ltd 54403724%
4Balu Forge Industries Ltd BALUFORGE23%
5Uniparts India Ltd UNIPARTS22%
ROCE changefastest improvers
1Uniparts India Ltd UNIPARTS+11.0 pp
2Nelcast Ltd NELCAST⚠ unverified+2.7 pp
3Gala Precision Engineering Ltd GALAPREC⚠ unverified+2.6 pp
4Bharat Forge Ltd BHARATFORG+1.0 pp
5Kennametal India Ltd KENNAMET+0.5 pp
Return on capital · company comparison
19/19 level · 19/19 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
Withheld from this chart: Bharat Forge Ltd (BHARATFORG) — its two data sources disagree by up to 16% on reported income across 15 comparable periods, so its derived ratios are withheld; Ramkrishna Forgings Ltd (RKFORGE) — its two data sources disagree by up to 372% on reported income across 13 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Steelcast Ltd STEELCAS | 25% | −2.1 pp | Mar 2026 |
| Uniparts India Ltd UNIPARTS | 21% | +11.0 pp | Mar 2026 |
| Balu Forge Industries Ltd BALUFORGE | 18% | −5.3 pp | Mar 2026 |
| Happy Forgings Ltd HAPPYFORGE | 18% | +0.1 pp | Mar 2026 |
| Kennametal India Ltd KENNAMET | 17% | +0.5 pp | Mar 2026 |
| Gala Precision Engineering Ltd GALAPREC⚠ unverified | 16% | +2.6 pp | Mar 2026 |
| CIE Automotive India Ltd CIEINDIA | 15% | −1.0 pp | Jun 2026 |
| Sona BLW Precision Forgings Ltd SONACOMS | 12% | +0.3 pp | Jun 2026 |
| Nelcast Ltd NELCAST⚠ unverified | 12% | +2.7 pp | Mar 2026 |
| Alicon Castalloy Ltd ALICON⚠ unverified | 12% | −2.3 pp | Mar 2026 |
| M M Forgings Ltd MMFL | 11% | −2.1 pp | Mar 2026 |
| Synergy Green Industries Ltd SGIL⚠ unverified | 7.6% | −15.7 pp | Mar 2026 |
| Sterling Tools Ltd STERTOOLS⚠ unverified | 6.1% | −7.2 pp | Mar 2026 |
| Tirupati Forge Ltd TIRUPATIFL⚠ unverified | 5.0% | −3.8 pp | Mar 2026 |
| Sundaram Clayton Ltd SUNCLAY | -4.2% | −1.2 pp | Mar 2026 |
Full 20-quarter history · every available company
ROCE · reported quarter history
Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Alicon Castalloy Ltd · ALICON⚠ unverified
13%
—
10%
—
15%
—
15%
—
14%
15%
17%
20%
19%
17%
14%
13%
12%
12%
12%
—
Balu Forge Industries Ltd · BALUFORGE
16%
—
22%
—
18%
—
25%
38%
20%
34%
20%
38%
18%
32%
23%
36%
23%
29%
18%
—
CIE Automotive India Ltd · CIEINDIA
—
10%
—
11%
—
—
—
14%
10%
17%
24%
16%
18%
15%
16%
14%
15%
13%
15%
—
Gala Precision Engineering Ltd · GALAPREC⚠ unverified
—
—
—
—
—
—
—
—
13%
20%
28%
27%
14%
18%
13%
19%
12%
16%
16%
—
Happy Forgings Ltd · HAPPYFORGE
—
—
—
—
—
—
27%
—
25%
28%
20%
25%
19%
25%
18%
21%
17%
21%
18%
—
Kennametal India Ltd · KENNAMET
20%
20%
22%
22%
25%
19%
19%
16%
16%
14%
19%
17%
22%
17%
18%
17%
20%
17%
—
—
M M Forgings Ltd · MMFL
12%
—
15%
—
13%
—
19%
21%
17%
18%
17%
21%
14%
17%
13%
15%
11%
12%
11%
—
Nelcast Ltd · NELCAST⚠ unverified
6.4%
—
5.8%
—
9.5%
—
9.1%
—
9.5%
16%
10%
16%
8.8%
11%
9.5%
14%
10%
14%
12%
—
Sona BLW Precision Forgings Ltd · SONACOMS
23%
—
18%
—
17%
—
20%
—
21%
26%
21%
22%
13%
19%
12%
17%
11%
14%
12%
—
Steelcast Ltd · STEELCAS
21%
—
28%
—
36%
—
43%
—
42%
47%
36%
36%
27%
32%
27%
35%
29%
37%
25%
—
Sundaram Clayton Ltd · SUNCLAY
—
—
—
—
—
—
—
-0.5%
—
—
-4.2%
-5.4%
-6.2%
-5.1%
-3.0%
7.9%
-3.7%
7.4%
-4.2%
—
Uniparts India Ltd · UNIPARTS
—
18%
21%
25%
—
—
27%
—
22%
22%
16%
17%
12%
14%
9.7%
14%
13%
18%
21%
—
ROCE change · reported quarter history
Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Alicon Castalloy Ltd · ALICON⚠ unverified
—
—
—
—
+2.1 pp
—
+4.5 pp
—
−1.1 pp
—
+2.0 pp
—
+4.6 pp
+1.5 pp
−2.5 pp
−7.5 pp
−6.5 pp
−4.7 pp
−2.3 pp
—
Balu Forge Industries Ltd · BALUFORGE
—
—
—
—
+1.9 pp
—
+3.5 pp
—
+2.7 pp
—
−4.8 pp
+0.1 pp
−1.9 pp
−1.8 pp
+2.9 pp
−2.7 pp
+4.5 pp
−3.5 pp
−5.3 pp
—
CIE Automotive India Ltd · CIEINDIA
—
—
—
—
—
—
—
+2.7 pp
—
—
—
+2.4 pp
+8.0 pp
−2.1 pp
−7.7 pp
−2.3 pp
−2.9 pp
−2.2 pp
−1.0 pp
—
Gala Precision Engineering Ltd · GALAPREC⚠ unverified
—
—
—
—
—
—
—
—
—
—
—
—
+0.1 pp
−2.2 pp
−14.5 pp
−8.7 pp
−1.5 pp
−1.6 pp
+2.6 pp
—
Happy Forgings Ltd · HAPPYFORGE
—
—
—
—
—
—
—
—
—
—
−7.5 pp
—
−6.5 pp
−2.6 pp
−2.1 pp
−3.7 pp
−1.6 pp
−4.1 pp
+0.1 pp
—
Kennametal India Ltd · KENNAMET
—
—
—
—
+4.6 pp
−0.2 pp
−3.2 pp
−5.9 pp
−9.3 pp
−5.5 pp
+0.1 pp
+1.0 pp
+6.7 pp
+2.8 pp
−0.9 pp
−0.6 pp
−2.1 pp
+0.5 pp
—
—
M M Forgings Ltd · MMFL
—
—
—
—
+1.0 pp
—
+3.9 pp
—
+4.6 pp
—
−1.6 pp
−0.2 pp
−3.5 pp
−0.5 pp
−4.1 pp
−5.7 pp
−3.3 pp
−5.5 pp
−2.1 pp
—
Nelcast Ltd · NELCAST⚠ unverified
—
—
—
—
+3.1 pp
—
+3.3 pp
—
0.0 pp
—
+1.1 pp
—
−0.7 pp
−5.0 pp
−0.7 pp
−2.0 pp
+1.2 pp
+3.5 pp
+2.7 pp
—
Sona BLW Precision Forgings Ltd · SONACOMS
—
—
—
—
−6.5 pp
—
+1.9 pp
—
+4.7 pp
—
+1.5 pp
—
−8.4 pp
−6.7 pp
−9.4 pp
−4.4 pp
−2.0 pp
−5.0 pp
+0.3 pp
—
Steelcast Ltd · STEELCAS
—
—
—
—
+14.8 pp
—
+14.9 pp
—
+6.3 pp
—
−7.4 pp
—
−15.2 pp
−14.7 pp
−8.6 pp
−1.5 pp
+2.2 pp
+4.5 pp
−2.1 pp
—
Sundaram Clayton Ltd · SUNCLAY
—
—
—
—
—
—
—
—
—
—
—
−4.9 pp
—
—
+1.2 pp
+13.3 pp
+2.5 pp
+12.5 pp
−1.2 pp
—
Uniparts India Ltd · UNIPARTS
—
—
—
—
—
—
+6.4 pp
—
—
—
−11.3 pp
—
−10.2 pp
−7.6 pp
−6.0 pp
−2.3 pp
+1.0 pp
+4.4 pp
+11.0 pp
—
07 · compare level, then change
Valuation Against Growth & Quality
Uniparts India Ltd has the lowest Guarded PEG among the 19 Castings, Forgings & Fastners companies compared here, at 0.38×. Steelcast Ltd is next at 0.62×. Sundaram Clayton Ltd has the lowest P/E at 11.5×, so level and change sit with different companies. 8 of 19 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Uniparts India Ltd has the lowest comparable Guarded PEG at 0.38×, 38.7% below Steelcast Ltd. Only 8 of 19 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
LeaderUniparts India Ltd · 0.38×
Gap38.7% versus #2 · Steelcast Ltd
Persistence0/8 recent comparable periods
Coverage8/19 companies · 53 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/e signal.
PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1Uniparts India Ltd UNIPARTS0.4
2Steelcast Ltd STEELCAS0.6
3M M Forgings Ltd MMFL0.7
4Balu Forge Industries Ltd BALUFORGE1.5
5Kennametal India Ltd KENNAMET1.5
P/Elowest P/E
1Sundaram Clayton Ltd SUNCLAY11.5
2CIE Automotive India Ltd CIEINDIA17.5
3Uniparts India Ltd UNIPARTS19.3
4Uni Abex Alloy Products Ltd 50460519.8
5Balu Forge Industries Ltd BALUFORGE20.3
Valuation · company comparison
8/19 level · 19/19 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Guarded PEG | P/E | Reported |
|---|---|---|---|
| Sona BLW Precision Forgings Ltd SONACOMS | 3.0 | 59.1 | Jun 2026 |
| CIE Automotive India Ltd CIEINDIA | 2.4 | 20.7 | Jun 2026 |
| Happy Forgings Ltd HAPPYFORGE | 1.7 | 38.9 | Mar 2026 |
| Kennametal India Ltd KENNAMET | 1.5 | 39.5 | Mar 2026 |
| Balu Forge Industries Ltd BALUFORGE | 1.5 | 18.1 | Mar 2026 |
| M M Forgings Ltd MMFL | 0.7 | 22.4 | Mar 2026 |
| Steelcast Ltd STEELCAS | 0.6 | 25.4 | Mar 2026 |
| Uniparts India Ltd UNIPARTS | 0.4 | 15.7 | Mar 2026 |
| Uni Abex Alloy Products Ltd 504605 | — | 15.5 | Mar 2026 |
| Amic Forging Ltd 544037 | — | 53.1 | Mar 2026 |
| Bharat Forge Ltd BHARATFORG | — | 70.6 | Mar 2026 |
| Ramkrishna Forgings Ltd RKFORGE | — | 126.4 | Jun 2026 |
| Sundaram Clayton Ltd SUNCLAY | — | 10.4 | Mar 2026 |
| Gala Precision Engineering Ltd GALAPREC⚠ unverified | — | 27.6 | Mar 2026 |
| Nelcast Ltd NELCAST⚠ unverified | — | 22.2 | Mar 2026 |
| Alicon Castalloy Ltd ALICON⚠ unverified | — | 26.6 | Mar 2026 |
| Tirupati Forge Ltd TIRUPATIFL⚠ unverified | — | 81.6 | Mar 2026 |
| Synergy Green Industries Ltd SGIL⚠ unverified | — | 44.7 | Mar 2026 |
| Sterling Tools Ltd STERTOOLS⚠ unverified | — | 18.0 | Mar 2026 |
Full 20-quarter history · every available company
Guarded PEG · reported quarter history
Balu Forge Industries Ltd · BALUFORGE
—
—
—
—
—
—
0.8
1.3
1.1
—
—
—
—
—
—
—
—
1.4
1.5
—
CIE Automotive India Ltd · CIEINDIA
—
—
—
—
—
—
—
0.9
—
0.9
1.1
2.2
3.1
3.3
—
—
—
—
—
2.4
Happy Forgings Ltd · HAPPYFORGE
—
—
—
—
—
—
—
—
—
1.4
1.4
—
2.0
3.2
—
—
3.1
—
1.7
—
Kennametal India Ltd · KENNAMET
—
—
1.8
—
4.6
1.3
—
—
—
—
—
—
1.3
1.1
—
3.2
1.5
—
—
—
M M Forgings Ltd · MMFL
—
—
—
—
0.9
—
—
0.4
0.4
0.6
0.8
4.4
—
—
—
—
—
—
0.7
—
Sona BLW Precision Forgings Ltd · SONACOMS
7.2
—
—
—
—
2.9
3.3
6.8
3.4
3.4
2.7
2.3
3.0
3.1
2.8
3.4
—
—
3.0
—
Steelcast Ltd · STEELCAS
—
—
—
—
—
—
—
—
—
0.3
0.7
2.8
—
—
—
—
1.6
3.3
0.6
—
Uniparts India Ltd · UNIPARTS
—
—
—
—
—
0.5
—
—
—
—
—
—
—
—
—
—
—
—
0.4
—
P/E · reported quarter history
Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Amic Forging Ltd · 544037
—
—
—
—
—
—
—
—
—
—
5.8
—
129.2
—
38.5
—
73.4
—
53.1
—
Balu Forge Industries Ltd · BALUFORGE
117.9
52.7
35.9
21.0
13.5
16.4
21.1
35.3
38.0
32.8
23.8
34.0
72.6
57.4
40.2
36.1
31.0
28.0
18.1
—
Bharat Forge Ltd · BHARATFORG
75.8
44.4
33.3
30.0
33.4
48.5
56.0
70.9
83.8
83.8
60.4
81.2
69.1
58.8
55.4
59.8
54.7
63.9
70.6
—
CIE Automotive India Ltd · CIEINDIA
27.1
20.9
16.1
15.2
17.4
21.7
20.1
27.2
24.4
23.3
22.0
26.9
25.5
21.9
18.4
21.3
20.2
18.6
20.6
20.7
Happy Forgings Ltd · HAPPYFORGE
—
—
—
—
—
—
—
—
—
44.1
38.2
52.3
45.5
35.9
27.9
34.0
33.7
37.8
38.9
—
Kennametal India Ltd · KENNAMET
41.5
46.0
45.2
36.7
51.7
42.0
40.7
49.7
50.1
46.6
44.6
62.0
58.0
55.9
41.2
44.2
39.1
39.6
39.5
—
M M Forgings Ltd · MMFL
27.0
18.4
17.6
22.6
21.0
20.1
19.3
17.5
16.5
17.9
16.5
22.3
20.9
17.4
13.1
14.9
13.4
18.1
22.4
—
Ramkrishna Forgings Ltd · RKFORGE
44.3
25.9
17.8
12.8
14.2
17.0
17.4
28.7
37.4
40.7
37.0
49.4
63.5
63.2
70.9
36.5
33.2
41.5
39.5
126.4
Sona BLW Precision Forgings Ltd · SONACOMS
142.0
189.2
121.8
96.3
76.3
68.2
63.6
77.0
78.2
80.0
83.0
72.8
78.2
62.1
46.5
47.7
43.3
51.2
51.9
59.1
Steelcast Ltd · STEELCAS
30.0
25.7
21.7
21.0
20.7
18.4
15.2
13.6
18.4
16.1
17.5
17.5
24.5
28.7
31.4
30.7
26.9
23.3
25.4
—
Sundaram Clayton Ltd · SUNCLAY
—
—
—
—
—
—
—
—
—
—
—
—
—
—
-456.9
—
—
—
10.4
—
Uniparts India Ltd · UNIPARTS
—
—
—
—
—
15.4
14.4
12.2
13.8
15.2
16.7
18.9
18.9
18.4
14.8
19.7
18.7
18.8
15.7
—
08 · compare level, then change
Enterprise Value & Book Value
Sterling Tools Ltd has the lowest EV/EBITDA among the 19 Castings, Forgings & Fastners companies compared here, at 6.3×. Alicon Castalloy Ltd is next at 6.7×. Alicon Castalloy Ltd has the lowest P/BV at 1.65×, so level and change sit with different companies. 19 of 19 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Sterling Tools Ltd leads ev/ebitda at 6.3×; Alicon Castalloy Ltd leads p/bv at 1.65×.
LeaderSterling Tools Ltd · 6.3×
Gap6% versus #2 · Alicon Castalloy Ltd
Persistence0/8 recent comparable periods
Coverage19/19 companies · 315 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.
EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1Sterling Tools Ltd STERTOOLS⚠ unverified6.3
2Alicon Castalloy Ltd ALICON⚠ unverified6.7
3Uniparts India Ltd UNIPARTS9.6
4M M Forgings Ltd MMFL9.9
5Nelcast Ltd NELCAST⚠ unverified10.2
P/BVlowest P/BV
1Alicon Castalloy Ltd ALICON⚠ unverified1.7
2Sterling Tools Ltd STERTOOLS⚠ unverified1.7
3Nelcast Ltd NELCAST⚠ unverified2.0
4CIE Automotive India Ltd CIEINDIA2.0
5Uni Abex Alloy Products Ltd 5046052.3
Enterprise and book valuation · company comparison
19/19 level · 19/19 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | EV/EBITDA | P/BV | Reported |
|---|---|---|---|
| Amic Forging Ltd 544037 | 36.0 | 9.2 | Mar 2026 |
| Sundaram Clayton Ltd SUNCLAY | 35.7 | 3.2 | Mar 2026 |
| Sona BLW Precision Forgings Ltd SONACOMS | 33.1 | 6.4 | Jun 2026 |
| Bharat Forge Ltd BHARATFORG | 29.2 | 8.8 | Mar 2026 |
| Tirupati Forge Ltd TIRUPATIFL⚠ unverified | 29.2 | 4.2 | Mar 2026 |
| Kennametal India Ltd KENNAMET | 24.1 | 7.2 | Mar 2026 |
| Happy Forgings Ltd HAPPYFORGE | 23.7 | 5.7 | Mar 2026 |
| Ramkrishna Forgings Ltd RKFORGE | 19.7 | 3.1 | Jun 2026 |
| Gala Precision Engineering Ltd GALAPREC⚠ unverified | 17.2 | 3.5 | Mar 2026 |
| Steelcast Ltd STEELCAS | 16.9 | 6.4 | Mar 2026 |
| Synergy Green Industries Ltd SGIL⚠ unverified | 15.9 | 7.0 | Mar 2026 |
| Balu Forge Industries Ltd BALUFORGE | 15.3 | 3.8 | Mar 2026 |
| CIE Automotive India Ltd CIEINDIA | 11.8 | 2.4 | Jun 2026 |
| Uni Abex Alloy Products Ltd 504605 | 10.5 | 3.6 | Mar 2026 |
| Nelcast Ltd NELCAST⚠ unverified | 10.2 | 1.8 | Mar 2026 |
| M M Forgings Ltd MMFL | 9.9 | 2.1 | Mar 2026 |
| Uniparts India Ltd UNIPARTS | 9.6 | 2.3 | Mar 2026 |
| Alicon Castalloy Ltd ALICON⚠ unverified | 6.7 | 1.6 | Mar 2026 |
| Sterling Tools Ltd STERTOOLS⚠ unverified | 6.3 | 1.1 | Mar 2026 |
Full 20-quarter history · every available company
EV/EBITDA · reported quarter history
Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Amic Forging Ltd · 544037
—
—
—
—
—
—
—
—
—
—
48.0
—
88.8
—
28.5
—
50.2
—
36.0
—
Balu Forge Industries Ltd · BALUFORGE
87.3
32.0
25.4
14.9
11.1
12.1
13.6
22.6
30.5
25.6
18.5
26.1
56.7
42.9
29.9
28.7
24.1
22.2
15.3
—
Bharat Forge Ltd · BHARATFORG
27.3
21.0
18.6
16.0
17.8
22.4
20.2
23.2
27.1
27.7
22.7
30.1
26.4
23.5
21.8
23.7
21.9
25.8
29.2
—
CIE Automotive India Ltd · CIEINDIA
9.6
9.3
7.5
9.4
10.7
12.7
11.9
15.3
13.6
12.8
12.2
14.7
13.8
12.0
10.5
11.8
11.3
10.5
11.7
11.8
Happy Forgings Ltd · HAPPYFORGE
—
—
—
—
—
—
—
—
—
28.6
24.8
33.8
27.7
21.9
17.1
20.6
20.4
22.8
23.7
—
Kennametal India Ltd · KENNAMET
22.1
25.3
26.1
21.2
30.6
25.7
24.9
30.4
30.7
28.5
27.3
38.0
35.6
34.3
25.2
27.1
23.9
24.2
24.1
—
M M Forgings Ltd · MMFL
12.9
10.2
10.1
11.2
9.0
8.6
9.2
9.4
9.1
9.4
8.5
11.8
11.0
9.7
7.8
8.0
7.9
9.1
9.9
—
Ramkrishna Forgings Ltd · RKFORGE
13.7
10.6
8.3
7.1
8.0
9.1
9.5
12.5
15.6
19.0
17.1
21.0
24.1
23.2
22.6
22.4
21.2
23.5
21.3
19.7
Sona BLW Precision Forgings Ltd · SONACOMS
74.3
98.1
68.1
58.6
46.7
41.4
37.3
43.4
44.5
45.6
47.5
41.2
47.0
34.9
25.2
27.2
22.8
28.3
28.7
33.1
Steelcast Ltd · STEELCAS
13.2
12.7
11.2
11.3
11.9
11.0
9.7
8.9
11.6
10.1
10.9
11.2
15.2
17.7
19.7
19.9
17.7
15.5
16.9
—
Sundaram Clayton Ltd · SUNCLAY
—
—
—
—
—
—
—
—
—
30.7
28.6
44.0
74.0
101.0
66.5
49.9
41.2
34.6
35.7
—
Uniparts India Ltd · UNIPARTS
—
—
—
—
—
10.1
9.4
8.4
9.0
9.8
10.5
11.3
11.3
10.6
8.4
10.9
10.7
11.3
9.6
—
P/BV · reported quarter history
Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Amic Forging Ltd · 544037
—
—
—
—
—
—
—
—
—
—
—
—
24.4
—
13.0
—
12.2
—
9.2
—
Balu Forge Industries Ltd · BALUFORGE
14.6
7.0
6.5
4.0
2.8
3.1
4.5
8.5
9.3
5.7
4.9
12.5
14.6
8.9
7.7
12.4
6.6
5.6
3.8
—
Bharat Forge Ltd · BHARATFORG
6.5
5.6
5.5
5.5
4.9
6.2
5.5
5.9
7.6
8.2
7.5
11.6
9.9
8.4
7.7
8.5
6.1
7.4
8.8
—
CIE Automotive India Ltd · CIEINDIA
1.7
1.8
1.3
1.6
1.9
2.4
2.6
3.8
3.6
3.5
3.4
3.6
3.3
2.9
2.5
2.6
2.3
2.1
2.6
2.4
Happy Forgings Ltd · HAPPYFORGE
—
—
—
—
—
—
—
—
—
—
5.2
7.1
6.9
5.4
4.3
5.6
4.9
5.2
5.7
—
Kennametal India Ltd · KENNAMET
5.5
6.3
7.2
6.1
10.1
7.6
7.4
9.0
9.1
8.4
8.1
11.2
10.5
10.1
7.5
8.0
7.1
7.2
7.2
—
M M Forgings Ltd · MMFL
4.1
3.3
3.6
3.6
3.1
3.2
3.6
4.0
3.1
3.2
2.9
3.8
3.6
2.7
1.9
2.2
1.7
1.9
2.1
—
Ramkrishna Forgings Ltd · RKFORGE
3.8
3.2
2.8
2.9
2.7
3.5
4.2
6.6
7.8
7.7
8.1
10.7
7.0
5.6
4.8
4.6
3.2
3.0
2.9
3.1
Sona BLW Precision Forgings Ltd · SONACOMS
18.3
24.4
21.8
16.9
12.8
11.6
12.1
13.2
14.9
15.5
17.0
14.2
16.3
7.1
5.5
10.5
4.6
5.2
5.3
6.4
Steelcast Ltd · STEELCAS
4.0
4.2
4.3
5.4
4.8
5.0
5.9
6.1
6.5
5.2
5.5
6.1
6.1
6.2
7.0
8.2
6.5
5.8
6.4
—
Sundaram Clayton Ltd · SUNCLAY
—
—
—
—
—
—
—
—
—
—
4.7
5.2
7.5
10.6
9.9
6.9
3.8
3.1
3.2
—
Uniparts India Ltd · UNIPARTS
—
—
—
—
—
—
2.9
3.0
3.2
3.0
2.7
2.8
2.5
2.1
1.6
2.0
2.1
2.4
2.3
—
09 · let price answer last
Market action
Bharat Forge Ltd has the strongest one-year price move in Castings, Forgings & Fastners at +80.1%. Tirupati Forge Ltd leads on Mansfield relative strength against NIFTY at +64.4%. 14 of 19 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.
Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength
Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.
Before the conclusion · check the blind spots
What can make this comparison misleading?
This Castings, Forgings & Fastners comparison names 6 specific ways its own evidence can mislead, all listed below. All 19 companies here report on comparable dates, so no rank carries a stale marker. 6 draw at least one figure from a second feed with too little overlap to cross-check. 2 have second-feed figures withheld because the two sources disagree.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- 6 companies draw at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; they are marked unverified wherever those figures appear.
- 2 companies are missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
10 · the complete set
Which companies are included?
All 19 companies in the canonical Castings, Forgings & Fastners membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.
AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.
| Company | Market value | Price | Priced to | Latest fundamentals | Source standing |
|---|---|---|---|---|---|
| Bharat Forge Ltd BHARATFORGAHEAD25/26 WEEKS | ₹1.0 L Cr | ₹2,152 | 2026-07-19 | Mar 2026 | Second feed withheld |
| Sona BLW Precision Forgings Ltd SONACOMSAHEAD26/26 WEEKS | ₹44.7K Cr | ₹718 | 2026-07-19 | Jun 2026 | Cross-checked |
| CIE Automotive India Ltd CIEINDIA | ₹15.7K Cr | ₹414 | 2026-07-19 | Jun 2026 | Cross-checked |
| Happy Forgings Ltd HAPPYFORGEAHEAD26/26 WEEKS | ₹15.2K Cr | ₹1,616 | 2026-07-19 | Mar 2026 | Cross-checked |
| Ramkrishna Forgings Ltd RKFORGEAHEAD23/26 WEEKS | ₹10.6K Cr | ₹581 | 2026-07-19 | Jun 2026 | Second feed withheld |
| Kennametal India Ltd KENNAMETAHEAD23/26 WEEKS | ₹6.1K Cr | ₹2,783 | 2026-07-19 | Mar 2026 | Cross-checked |
| Balu Forge Industries Ltd BALUFORGE | ₹5.3K Cr | ₹434 | 2026-07-19 | Mar 2026 | Cross-checked |
| Uniparts India Ltd UNIPARTSAHEAD23/26 WEEKS | ₹3.1K Cr | ₹690 | 2026-07-19 | Mar 2026 | Cross-checked |
| Steelcast Ltd STEELCASAHEAD25/26 WEEKS | ₹3.1K Cr | ₹307 | 2026-07-19 | Mar 2026 | Cross-checked |
| Sundaram Clayton Ltd SUNCLAY18/26 WEEKS | ₹3.0K Cr | ₹1,363 | 2026-07-19 | Mar 2026 | Cross-checked |
| M M Forgings Ltd MMFLAHEAD20/26 WEEKS | ₹2.7K Cr | ₹552 | 2026-07-19 | Mar 2026 | Cross-checked |
| Amic Forging Ltd 544037AHEAD | ₹2.0K Cr | ₹1,725 | 2026-07-19 | Mar 2026 | Primary source only |
| Gala Precision Engineering Ltd GALAPRECAHEAD25/26 WEEKS⚠ unverified | ₹1.5K Cr | ₹1,146 | 2026-07-19 | Mar 2026 | Includes unverified figures |
| Nelcast Ltd NELCAST24/26 WEEKS⚠ unverified | ₹1.2K Cr | ₹134 | 2026-07-19 | Mar 2026 | Includes unverified figures |
| Alicon Castalloy Ltd ALICON⚠ unverified | ₹1.0K Cr | ₹636 | 2026-07-19 | Mar 2026 | Includes unverified figures |
| Tirupati Forge Ltd TIRUPATIFLAHEAD22/26 WEEKS⚠ unverified | ₹951 Cr | ₹73.6 | 2026-07-19 | Mar 2026 | Includes unverified figures |
| Uni Abex Alloy Products Ltd 504605AHEAD | ₹932 Cr | ₹4,718 | 2026-07-19 | Mar 2026 | Primary source only |
| Synergy Green Industries Ltd SGILAHEAD22/26 WEEKS⚠ unverified | ₹927 Cr | ₹596 | 2026-07-19 | Mar 2026 | Includes unverified figures |
| Sterling Tools Ltd STERTOOLS⚠ unverified | ₹882 Cr | ₹243 | 2026-07-19 | Mar 2026 | Includes unverified figures |
How each company's sources stand: 6 of 19 companies draw at least one figure from a second data feed that could not be cross-checked against the primary source, because the two do not share enough reported history to compare. Those figures are marked unverified wherever they appear. 2 of 19 companies have a second data feed that is known to disagree with the primary source, so nothing from it is drawn: Bharat Forge Ltd (BHARATFORG) — its two data sources disagree by up to 16% on reported income across 15 comparable periods, so its derived ratios are withheld; Ramkrishna Forgings Ltd (RKFORGE) — its two data sources disagree by up to 372% on reported income across 13 comparable periods, so its derived ratios are withheld.
Evidence and freshness
How was this comparison built?
This comparison is built from the reported filings of 19 Castings, Forgings & Fastners companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-24. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-24 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing9 cross-checked · 8 unverified · 2 withheld, of 19 graded companies.
A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.
Questions investors ask · short, speakable answers
Castings, Forgings & Fastners company comparison FAQs
These 18 answers restate the Castings, Forgings & Fastners comparison above in question form. Every one is computed from the same 19 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.
What is the Nifty Castings, Forgings & Fastners index?
The Nifty Castings, Forgings & Fastners index tracks India's listed Castings, Forgings & Fastners companies as a single basket. This page follows the same 19 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Castings, Forgings & Fastners sector rather than to its largest constituent. Figures are as of Jun 2026.
Which are the best Castings, Forgings & Fastners stocks in India?
Ranked by this page's four-factor score, Uniparts India Ltd places first among 19 listed Castings, Forgings & Fastners companies, followed by Gala Precision Engineering Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.
How many Castings, Forgings & Fastners stocks are listed in India?
This comparison covers 19 listed Castings, Forgings & Fastners companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.
Which Castings, Forgings & Fastners company is the biggest?
Bharat Forge Ltd is the largest, with trailing-twelve-month revenue of ₹16,812 crore, ahead of CIE Automotive India Ltd at ₹9,998 crore. That covers 18 of 19 companies with comparable reporting through Mar 2026.
Which Castings, Forgings & Fastners company is growing fastest?
Tirupati Forge Ltd has the fastest revenue growth at 41.3% year on year, across 18 of 19 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.
Which Castings, Forgings & Fastners company has the best profit margins?
Amic Forging Ltd has the highest operating margin at 33%, from 19 of 19 comparable companies. Uniparts India Ltd shows the biggest recent improvement, at +10 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.
Which Castings, Forgings & Fastners company makes the most profit?
Bharat Forge Ltd earns the most, at ₹1,089 crore of trailing-twelve-month net profit, from 18 of 19 comparable companies. Uni Abex Alloy Products Ltd has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.
Which Castings, Forgings & Fastners company earns the highest return on capital?
Steelcast Ltd leads on return on capital employed at 32.3%, across 19 of 19 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Which Castings, Forgings & Fastners stock is the cheapest?
On guarded PEG — where a LOWER number is cheaper — Uniparts India Ltd screens cheapest at 0.38×. Only 8 of 19 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
Which Castings, Forgings & Fastners company has the strongest balance sheet?
Steelcast Ltd carries the lowest comparable gross debt at ₹0 crore, from 19 of 19 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.
Which Castings, Forgings & Fastners stock has the strongest price momentum?
Tirupati Forge Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which Castings, Forgings & Fastners company scores highest for research priority?
Uniparts India Ltd scores 82.8 out of 100 with 95.6% evidence confidence, from 30.8 points on growth and earnings, 19.2 on capital efficiency, 15.6 on valuation and 17.2 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many Castings, Forgings & Fastners companies does this comparison cover, and over what period?
It compares 19 listed companies over up to 20 reported quarters of fundamentals and 10 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the Castings, Forgings & Fastners sector?
The 19 Castings, Forgings & Fastners companies on this page carry ₹2,21,727 crore of combined market value. Bharat Forge Ltd is the largest at ₹1,02,866 crore, about 46% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-29.
What is the Castings, Forgings & Fastners sector's P/E ratio?
The median price-to-earnings ratio across the 19 Castings, Forgings & Fastners companies on this page is 36.7×, measured on the 19 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-29.
How is the Castings, Forgings & Fastners sector performing?
14 of the 19 covered Castings, Forgings & Fastners companies are beating NIFTY 500 on Mansfield relative strength. A 52-week sector-versus-index comparison is not available from the current market series for this sector, so it is not quoted. Readings are as of 2026-07-29.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.