20-quarter listed-company comparison

Castings, Forgings & Fastners Stocks in India

Castings, Forgings & Fastners: Bharat Forge Ltd owns the largest revenue base; Captain Technocast Ltd has the fastest current growth.

The 10 Castings, Forgings & Fastners companies listed in India are Bharat Forge Ltd (₹98.1K Cr, the largest), CIE Automotive India Ltd, Balu Forge Industries Ltd and 7 more. 7 of 10 covered companies beat NIFTY 500 on relative strength. Readings are as of 28 Sep 2026.

Top 10 Castings, Forgings & Fastners Stocks in India (Sep 2026) — ranked by 4-Factor score

1Amic Forging Ltd₹2.8K Cr65.1/100Thin evidence · provisional · strongest on ROCE and relative strength versus sector
2Captain Technocast Ltd₹529 Cr61.5/100Thin evidence · provisional · strongest on ROCE and profit growth
3Balu Forge Industries Ltd₹6.2K Cr55.9/100Mixed-positive evidence · strongest on ROCE and PEG
4Uni Abex Alloy Products Ltd₹948 Cr54.9/100Mixed-positive evidence · strongest on profit growth and relative strength versus sector
5Bharat Forge Ltd₹98.1K Cr48.6/100Mixed-negative evidence · strongest on relative strength versus sector and ROCE improvement
6CIE Automotive India Ltd₹14.8K Cr48.1/100Mixed-negative evidence · strongest on own-history P/E and margin improvement
7Nelcast Ltd₹1.0K Cr46.0/100Mixed-negative evidence · strongest on ROCE improvement and financial resilience
8Alicon Castalloy Ltd₹1.2K Cr38.2/100Mixed-negative evidence · strongest on profitable quarters and profit consistency
9Sterling Tools Ltd₹870 Cr32.5/100Adverse evidence · strongest on 13-week relative-strength change and profitable quarters
10Sundaram Clayton Ltd₹2.7K Cr30.6/100Adverse evidence · strongest on sector-relative P/E and 13-week relative-strength change

Ranked by the 4-Factor Sector Score (growth & earnings 35, capital efficiency 25, valuation 20, relative strength 20). Prices as of 25 Sep 2026. Not investment advice.

01 · the index people search for

Nifty Castings, Forgings & Fastners Index — Constituents & Performance

All 10 listed Indian Castings, Forgings & Fastners companies are named here, largest first — the same constituent set people search for as the Nifty Castings, Forgings & Fastners index. Every figure is equal-weighted across those companies and carries its own as-of date. One large constituent cannot set the reading.

02 · the sector itself · before any single company

How has Castings, Forgings & Fastners moved against NIFTY 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 38% ahead of NIFTY 500. Earnings across its companies grew 8% 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 34 weeks running.

LEADER · ahead 34w~Price up, without the fundamentals confirming14 of 20 companies ahead of NIFTY 500 by 5% or more over three months

RS ↑34w · 17/20 >200d (+2) · 14/20 lead (+0) · EPS 12/20↑

Castings, Forgings & Fastners, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling

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 20 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.

03 · sector relative strength, before individual stocks

Is Castings, Forgings & Fastners outperforming NIFTY 500?

Castings, Forgings & Fastners has outperformed NIFTY 500 by 13.1% over the last 52 weeks. Over 13 weeks the gap is a lead of 2.2%. 7 of 10 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Amic Forging Ltd is the strongest against the sector itself at +34.4%.

+2.2%Sector vs NIFTY 500 · 13 weeks

+13.1%Sector vs NIFTY 500 · 52 weeks

7/10Stocks leading NIFTY 500

3/9Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

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

Castings, Forgings & Fastners has outperformed NIFTY 500 by 13.1% over 52 weeks and 2.2% over 13 weeks. 7 of 10 covered companies beat NIFTY on Mansfield relative strength, while 3 of 9 beat the sector itself. Bharat Forge Ltd leads with revenue of ₹17,543 crore, based on 9 of 10 comparable companies through Jun 2026.

Companies

complete canonical membership

Combined market value

₹1.3 L Cr

Bharat Forge Ltd

Revenue growing

7/9

positive TTM year-on-year growth

Beating NIFTY 500

7/10

positive Mansfield relative strength

Comparing 5 of 10

04 · 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%

Amic Forging Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 58% evidence confidence.

Uni Abex Alloy Products Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.

How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

Company	Score	Price stage	Growth & earnings/35	Capital efficiency/25	Valuation/20	Relative strength/20
1Amic Forging Ltd544037	65.1/100Thin evidence · provisional58% evidence	LEADER	18.3/35 Revenue — · PAT — · OPM change 5 pp 26% evidence	20.4/25 ROCE 25.2% · OPM 33% 76% evidence	6.4/20 P/E 91.1× · PEG — 50% evidence	20.0/20 RS sector 34.4% · RS bench 51.5% · 1Y 58.6%11 of 12 weeks ahead 100% evidence
Exact sum: 18.3 + 20.4 + 6.4 + 20 = 65.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
2Captain Technocast Ltd540652	61.5/100Thin evidence · provisional51% evidence	TURNING	21.6/35 Revenue 78.2% · PAT 100% · OPM change -2 pp 48% evidence	19.4/25 ROCE 29.9% · OPM 12% 76% evidence	9.1/20 P/E 45.5× · PEG — 50% evidence	11.4/20 RS sector — · RS bench 12.5% · 1Y —6 of 7 weeks ahead 25% evidence
Exact sum: 21.6 + 19.4 + 9.1 + 11.4 = 61.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
3Balu Forge Industries LtdBALUFORGE	55.9/100Mixed-positive evidence94% evidence	BREAKING OUT	17.4/35 Revenue 19.8% · PAT 18.1% · OPM change -3 pp 100% evidence	17.4/25 ROCE 22.7% · OPM 28% 100% evidence	15.7/20 P/E 23× · PEG 1.11 100% evidence	5.4/20 RS sector -20.7% · RS bench 0.7% · 1Y -23.1%6 of 11 weeks ahead 70% evidence
Exact sum: 17.4 + 17.4 + 15.7 + 5.4 = 55.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4Uni Abex Alloy Products Ltd504605	54.9/100Mixed-positive evidence82% evidence	FADING	16.0/35 Revenue 17.2% · PAT 100% · OPM change -7 pp 95% evidence	15.4/25 ROCE 19.2% · OPM 10.5% 76% evidence	9.9/20 P/E 20.6× · PEG — 50% evidence	13.6/20 RS sector 17.7% · RS bench 32.3% · 1Y 60.7%10 of 12 weeks ahead 100% evidence
Exact sum: 16 + 15.4 + 9.9 + 13.6 = 54.9 · Decision use: Price leads the evidence: RS versus the benchmark is 32.3%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
5Bharat Forge LtdBHARATFORG	48.6/100Mixed-negative evidence75% evidence	ASLEEP	16.8/35 Revenue 17.5% · PAT -30.1% · OPM change -2 pp 95% evidence	11.7/25 ROCE 12.6% · OPM 15% 76% evidence	8.5/20 P/E 97.2× · PEG — 15% evidence	11.6/20 RS sector 4.2% · RS bench 17.5% · 1Y 57.8%5 of 12 weeks ahead 100% evidence
Exact sum: 16.8 + 11.7 + 8.5 + 11.6 = 48.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6CIE Automotive India LtdCIEINDIA	48.1/100Mixed-negative evidence100% evidence	ASLEEP	19.8/35 Revenue 12.5% · PAT 14.3% · OPM change 1 pp 100% evidence	15.0/25 ROCE 14.7% · OPM 15% 100% evidence	11.3/20 P/E 16.5× · PEG 2.4 100% evidence	2.0/20 RS sector -19.2% · RS bench -7.8% · 1Y -10.3%0 of 12 weeks ahead 100% evidence
Exact sum: 19.8 + 15 + 11.3 + 2 = 48.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
7Nelcast LtdNELCAST	46.0/100Mixed-negative evidence87% evidence	BASING	14.7/35 Revenue 4.2% · PAT -1.8% · OPM change -3.9 pp 95% evidence	12.1/25 ROCE 11.4% · OPM 4.6% 95% evidence	11.1/20 P/E 25.1× · PEG — 50% evidence	8.1/20 RS sector -11.6% · RS bench 0.1% · 1Y -18.8%1 of 12 weeks ahead 100% evidence
Exact sum: 14.7 + 12.1 + 11.1 + 8.1 = 46 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
8Alicon Castalloy LtdALICON	38.2/100Mixed-negative evidence81% evidence	TURNING	13.2/35 Revenue 13.7% · PAT 0% · OPM change -3 pp 95% evidence	8.8/25 ROCE 10.6% · OPM 9% 95% evidence	8.1/20 P/E 32.3× · PEG — 50% evidence	8.1/20 RS sector -13% · RS bench 1.1% · 1Y -14%5 of 11 weeks ahead 70% evidence
Exact sum: 13.2 + 8.8 + 8.1 + 8.1 = 38.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
9Sterling Tools LtdSTERTOOLS	32.5/100Adverse evidence87% evidence	BASING	7.6/35 Revenue -9.3% · PAT -46.4% · OPM change -0.9 pp 95% evidence	8.9/25 ROCE 7.2% · OPM 10.6% 95% evidence	6.2/20 P/E 45.2× · PEG — 50% evidence	9.8/20 RS sector -12.8% · RS bench -0.3% · 1Y -29.7%0 of 12 weeks ahead 100% evidence
Exact sum: 7.6 + 8.9 + 6.2 + 9.8 = 32.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
10Sundaram Clayton LtdSUNCLAY	30.6/100Adverse evidence74% evidence	BASING	12.6/35 Revenue -3.9% · PAT 100% · OPM change -1.2 pp 74% evidence	0.3/25 ROCE -3.3% · OPM 2% 100% evidence	11.5/20 P/E 10.9× · PEG — 15% evidence	6.2/20 RS sector -16.9% · RS bench -5.3% · 1Y -30.9%0 of 12 weeks ahead 100% evidence
Exact sum: 12.6 + 0.3 + 11.5 + 6.2 = 30.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

05 · what price has already done

Market action

Uni Abex Alloy Products Ltd has the strongest one-year price move in Castings, Forgings & Fastners at +60.7%. Amic Forging Ltd leads on Mansfield relative strength against NIFTY at +51.5%. 7 of 10 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-09-25.

Price and relative strength

Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

06 · compare level, then change

Revenue Scale & Growth Durability

Bharat Forge Ltd has the highest Revenue among the 10 Castings, Forgings & Fastners companies compared here, at ₹17,543 crore. CIE Automotive India Ltd is next at ₹9,998 crore. Captain Technocast Ltd has the highest Revenue growth at 78.2%, so level and change sit with different companies. 9 of 10 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Bharat Forge Ltd is the scale leader at ₹17,543 crore, 75.5% ahead of CIE Automotive India Ltd. Captain Technocast Ltd's growth is 78.2% from a ₹221 crore base, with 10 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderBharat Forge Ltd · ₹17,543 crore

Gap75.5% versus #2 · CIE Automotive India Ltd

Persistence4/8 recent comparable periods

Coverage9/10 companies · 145 observations

Investor read: Bharat Forge Ltd is the scale benchmark; Captain Technocast 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 Captain Technocast 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₹17.5K Cr

2CIE Automotive India Ltd CIEINDIA₹10.0K Cr

3Sundaram Clayton Ltd SUNCLAY₹2.1K Cr

4Alicon Castalloy Ltd ALICON⚠ unverified₹1.9K Cr

5Nelcast Ltd NELCAST⚠ unverified₹1.3K Cr

Revenue growthfastest growers

1Captain Technocast Ltd 54065278%

2Balu Forge Industries Ltd BALUFORGE20%

3Bharat Forge Ltd BHARATFORG18%

4Uni Abex Alloy Products Ltd 50460517%

5Alicon Castalloy Ltd ALICON⚠ unverified14%

Revenue · company comparison

9/10 level · 9/10 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them 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	₹4.6K Cr	19%	Jun 2026
CIE Automotive India Ltd CIEINDIA	₹2.6K Cr	11%	Jun 2026
Sundaram Clayton Ltd SUNCLAY	₹592 Cr	16%	Jun 2026
Alicon Castalloy Ltd ALICON⚠ unverified	₹578 Cr	38%	Jun 2026
Nelcast Ltd NELCAST⚠ unverified	₹341 Cr	2.8%	Jun 2026
Balu Forge Industries Ltd BALUFORGE	₹301 Cr	29%	Jun 2026
Sterling Tools Ltd STERTOOLS⚠ unverified	₹214 Cr	11%	Jun 2026
Amic Forging Ltd 544037	₹75 Cr	29%	Mar 2026
Captain Technocast Ltd 540652	₹67 Cr	31%	Mar 2026
Uni Abex Alloy Products Ltd 504605	₹41 Cr	4.7%	Jun 2026

Full 20-quarter history · every available company

Revenue · reported quarter history

Alicon Castalloy Ltd · ALICON⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹361 Cr

Mar 2023₹319 Cr

Jun 2023₹354 Cr

Sep 2023₹381 Cr

Dec 2023₹405 Cr

Mar 2024₹419 Cr

Jun 2024₹440 Cr

Sep 2024₹464 Cr

Dec 2024₹392 Cr

Mar 2025₹425 Cr

Jun 2025₹418 Cr

Sep 2025₹428 Cr

Dec 2025₹430 Cr

Mar 2026₹495 Cr

Jun 2026₹578 Cr

Amic Forging Ltd · 544037

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023₹52 Cr

Dec 2023—

Mar 2024₹75 Cr

Jun 2024—

Sep 2024₹64 Cr

Dec 2024—

Mar 2025₹58 Cr

Jun 2025—

Sep 2025₹67 Cr

Dec 2025—

Mar 2026₹75 Cr

Jun 2026—

Balu Forge Industries Ltd · BALUFORGE

Sep 2021₹74 Cr

Dec 2021₹81 Cr

Mar 2022₹83 Cr

Jun 2022₹53 Cr

Sep 2022₹62 Cr

Dec 2022₹89 Cr

Mar 2023₹124 Cr

Jun 2023₹112 Cr

Sep 2023₹139 Cr

Dec 2023₹147 Cr

Mar 2024₹161 Cr

Jun 2024₹175 Cr

Sep 2024₹223 Cr

Dec 2024₹256 Cr

Mar 2025₹270 Cr

Jun 2025₹233 Cr

Sep 2025₹300 Cr

Dec 2025₹311 Cr

Mar 2026₹264 Cr

Jun 2026₹301 Cr

Bharat Forge Ltd · BHARATFORG

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022₹3.1K Cr

Dec 2022₹3.4K Cr

Mar 2023₹3.6K Cr

Jun 2023₹3.9K Cr

Sep 2023₹3.8K Cr

Dec 2023₹3.9K Cr

Mar 2024₹4.2K Cr

Jun 2024₹4.1K Cr

Sep 2024₹3.7K Cr

Dec 2024₹3.5K Cr

Mar 2025₹3.9K Cr

Jun 2025₹3.9K Cr

Sep 2025₹4.0K Cr

Dec 2025₹4.3K Cr

Mar 2026₹4.5K Cr

Jun 2026₹4.6K Cr

Captain Technocast Ltd · 540652

Sep 2021₹24 Cr

Dec 2021—

Mar 2022₹27 Cr

Jun 2022—

Sep 2022₹29 Cr

Dec 2022—

Mar 2023₹30 Cr

Jun 2023—

Sep 2023₹30 Cr

Dec 2023—

Mar 2024₹35 Cr

Jun 2024—

Sep 2024₹41 Cr

Dec 2024—

Mar 2025₹51 Cr

Jun 2025—

Sep 2025₹62 Cr

Dec 2025—

Mar 2026₹67 Cr

Jun 2026—

CIE Automotive India Ltd · CIEINDIA

Sep 2021₹2.1K Cr

Dec 2021₹443 Cr

Mar 2022₹2.6K Cr

Jun 2022₹2.7K Cr

Sep 2022₹2.2K Cr

Dec 2022₹2.2K Cr

Mar 2023₹2.4K Cr

Jun 2023₹2.3K Cr

Sep 2023₹2.3K Cr

Dec 2023₹2.2K Cr

Mar 2024₹2.4K Cr

Jun 2024₹2.3K Cr

Sep 2024₹2.1K Cr

Dec 2024₹2.1K Cr

Mar 2025₹2.3K Cr

Jun 2025₹2.4K Cr

Sep 2025₹2.4K Cr

Dec 2025₹2.4K Cr

Mar 2026₹2.6K Cr

Jun 2026₹2.6K Cr

Nelcast Ltd · NELCAST⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹327 Cr

Mar 2023₹313 Cr

Jun 2023₹293 Cr

Sep 2023₹358 Cr

Dec 2023₹320 Cr

Mar 2024₹295 Cr

Jun 2024₹300 Cr

Sep 2024₹330 Cr

Dec 2024₹291 Cr

Mar 2025₹330 Cr

Jun 2025₹332 Cr

Sep 2025₹299 Cr

Dec 2025₹330 Cr

Mar 2026₹368 Cr

Jun 2026₹341 Cr

Sterling Tools Ltd · STERTOOLS⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹208 Cr

Mar 2023₹212 Cr

Jun 2023₹221 Cr

Sep 2023₹210 Cr

Dec 2023₹232 Cr

Mar 2024₹269 Cr

Jun 2024₹282 Cr

Sep 2024₹284 Cr

Dec 2024₹261 Cr

Mar 2025₹200 Cr

Jun 2025₹192 Cr

Sep 2025₹208 Cr

Dec 2025₹206 Cr

Mar 2026₹222 Cr

Jun 2026₹214 Cr

Sundaram Clayton Ltd · SUNCLAY

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023₹521 Cr

Sep 2023₹297 Cr

Dec 2023₹551 Cr

Mar 2024₹555 Cr

Jun 2024₹580 Cr

Sep 2024₹563 Cr

Dec 2024₹529 Cr

Mar 2025₹587 Cr

Jun 2025₹512 Cr

Sep 2025₹495 Cr

Dec 2025₹501 Cr

Mar 2026₹518 Cr

Jun 2026₹592 Cr

Uni Abex Alloy Products Ltd · 504605

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹48 Cr

Mar 2023₹39 Cr

Jun 2023₹46 Cr

Sep 2023₹55 Cr

Dec 2023₹45 Cr

Mar 2024₹34 Cr

Jun 2024₹44 Cr

Sep 2024₹47 Cr

Dec 2024₹42 Cr

Mar 2025₹60 Cr

Jun 2025₹39 Cr

Sep 2025₹56 Cr

Dec 2025₹46 Cr

Mar 2026₹78 Cr

Jun 2026₹41 Cr

Revenue growth · reported quarter history

Alicon Castalloy Ltd · ALICON⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 202312%

Mar 202431%

Jun 202424%

Sep 202422%

Dec 2024-3.2%

Mar 20251.4%

Jun 2025-5.0%

Sep 2025-7.8%

Dec 20259.7%

Mar 202616%

Jun 202638%

Amic Forging Ltd · 544037

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 202423%

Dec 2024—

Mar 2025-23%

Jun 2025—

Sep 20254.7%

Dec 2025—

Mar 202629%

Jun 2026—

Balu Forge Industries Ltd · BALUFORGE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202210%

Sep 2022-16%

Dec 20229.9%

Mar 202349%

Jun 2023111%

Sep 2023124%

Dec 202365%

Mar 202430%

Jun 202456%

Sep 202460%

Dec 202474%

Mar 202568%

Jun 202533%

Sep 202535%

Dec 202521%

Mar 2026-2.2%

Jun 202629%

Bharat Forge Ltd · BHARATFORG

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 202323%

Dec 202315%

Mar 202415%

Jun 20245.9%

Sep 2024-2.3%

Dec 2024-10%

Mar 2025-7.5%

Jun 2025-4.8%

Sep 20259.3%

Dec 202525%

Mar 202618%

Jun 202619%

Captain Technocast Ltd · 540652

Sep 202133%

Dec 2021—

Mar 20228.0%

Jun 2022—

Sep 202221%

Dec 2022—

Mar 202311%

Jun 2023—

Sep 20233.5%

Dec 2023—

Mar 202417%

Jun 2024—

Sep 202437%

Dec 2024—

Mar 202546%

Jun 2025—

Sep 202551%

Dec 2025—

Mar 202631%

Jun 2026—

CIE Automotive India Ltd · CIEINDIA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202233%

Sep 20226.6%

Dec 2022407%

Mar 2023-5.7%

Jun 2023-14%

Sep 20232.2%

Dec 2023-0.3%

Mar 2024-0.5%

Jun 2024-1.2%

Sep 2024-6.3%

Dec 2024-5.8%

Mar 2025-6.4%

Jun 20253.3%

Sep 202511%

Dec 202513%

Mar 202615%

Jun 202611%

Nelcast Ltd · NELCAST⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023-2.0%

Mar 2024-5.6%

Jun 20242.5%

Sep 2024-7.8%

Dec 2024-9.0%

Mar 202512%

Jun 202511%

Sep 2025-9.6%

Dec 202513%

Mar 202612%

Jun 20262.8%

Sterling Tools Ltd · STERTOOLS⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 202312%

Mar 202427%

Jun 202428%

Sep 202435%

Dec 202412%

Mar 2025-26%

Jun 2025-32%

Sep 2025-27%

Dec 2025-21%

Mar 202611%

Jun 202611%

Sundaram Clayton Ltd · SUNCLAY

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 202411%

Sep 202490%

Dec 2024-4.0%

Mar 20255.8%

Jun 2025-12%

Sep 2025-12%

Dec 2025-5.3%

Mar 2026-12%

Jun 202616%

Uni Abex Alloy Products Ltd · 504605

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023-5.8%

Mar 2024-14%

Jun 2024-4.2%

Sep 2024-16%

Dec 2024-6.7%

Mar 202580%

Jun 2025-11%

Sep 202520%

Dec 20258.2%

Mar 202630%

Jun 20264.7%

07 · compare level, then change

Operating Economics & Margin Trend

Amic Forging Ltd has the highest OPM among the 10 Castings, Forgings & Fastners companies compared here, at 33%. Balu Forge Industries Ltd is next at 28%. The same company also holds the highest Margin change, at +5 percentage points. 10 of 10 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Amic Forging Ltd leads both opm at 33% and margin change at +5 percentage points.

LeaderAmic Forging Ltd · 33%

Gap17.9% versus #2 · Balu Forge Industries Ltd

Persistence3/4 recent comparable periods

Coverage10/10 companies · 170 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%

2Balu Forge Industries Ltd BALUFORGE28%

3Bharat Forge Ltd BHARATFORG15%

4CIE Automotive India Ltd CIEINDIA15%

5Captain Technocast Ltd 54065212%

Margin changefastest expanders

1Amic Forging Ltd 544037+5.0 pp

2CIE Automotive India Ltd CIEINDIA+1.0 pp

3Sterling Tools Ltd STERTOOLS⚠ unverified−0.9 pp

4Sundaram Clayton Ltd SUNCLAY−1.2 pp

5Captain Technocast Ltd 540652−2.0 pp

Operating margin · company comparison

10/10 level · 10/10 change

All-company data · latest reported quarter

Company	OPM	Margin change	Reported
Amic Forging Ltd 544037	33%	+5.0 pp	Mar 2026
Balu Forge Industries Ltd BALUFORGE	28%	−3.0 pp	Jun 2026
Bharat Forge Ltd BHARATFORG	15%	−2.0 pp	Jun 2026
CIE Automotive India Ltd CIEINDIA	15%	+1.0 pp	Jun 2026
Captain Technocast Ltd 540652	12%	−2.0 pp	Mar 2026
Sterling Tools Ltd STERTOOLS⚠ unverified	11%	−0.9 pp	Jun 2026
Uni Abex Alloy Products Ltd 504605	10%	−7.0 pp	Jun 2026
Alicon Castalloy Ltd ALICON⚠ unverified	9.0%	−3.0 pp	Jun 2026
Nelcast Ltd NELCAST⚠ unverified	4.6%	−3.9 pp	Jun 2026
Sundaram Clayton Ltd SUNCLAY	2.0%	−1.2 pp	Jun 2026

Full 20-quarter history · every available company

OPM · reported quarter history

Alicon Castalloy Ltd · ALICON⚠ unverified

Sep 20219.1%

Dec 202112%

Mar 202212%

Jun 202211%

Sep 202211%

Dec 202212%

Mar 20239.9%

Jun 202311%

Sep 202312%

Dec 202313%

Mar 202414%

Jun 202413%

Sep 202412%

Dec 20249.0%

Mar 202511%

Jun 202512%

Sep 202513%

Dec 202510%

Mar 20269.0%

Jun 20269.0%

Amic Forging Ltd · 544037

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 202317%

Sep 202319%

Dec 2023—

Mar 20249.0%

Jun 2024—

Sep 202419%

Dec 2024—

Mar 202528%

Jun 2025—

Sep 202527%

Dec 2025—

Mar 202633%

Jun 2026—

Balu Forge Industries Ltd · BALUFORGE

Sep 202112%

Dec 202115%

Mar 202212%

Jun 202215%

Sep 20228.0%

Dec 202220%

Mar 202317%

Jun 202319%

Sep 202322%

Dec 202322%

Mar 202421%

Jun 202425%

Sep 202429%

Dec 202426%

Mar 202528%

Jun 202531%

Sep 202528%

Dec 202527%

Mar 202623%

Jun 202628%

Bharat Forge Ltd · BHARATFORG

Sep 202121%

Dec 202121%

Mar 202215%

Jun 202215%

Sep 202214%

Dec 202213%

Mar 202312%

Jun 202315%

Sep 202316%

Dec 202318%

Mar 202415%

Jun 202418%

Sep 202418%

Dec 202418%

Mar 202518%

Jun 202517%

Sep 202518%

Dec 202517%

Mar 202617%

Jun 202615%

Captain Technocast Ltd · 540652

Sep 202110%

Dec 2021—

Mar 202210%

Jun 2022—

Sep 20229.0%

Dec 2022—

Mar 202311%

Jun 2023—

Sep 20239.0%

Dec 2023—

Mar 202410%

Jun 2024—

Sep 202412%

Dec 2024—

Mar 202514%

Jun 2025—

Sep 202515%

Dec 2025—

Mar 202612%

Jun 2026—

CIE Automotive India Ltd · CIEINDIA

Sep 202113%

Dec 202111%

Mar 202214%

Jun 202214%

Sep 202213%

Dec 202213%

Mar 202316%

Jun 202316%

Sep 202315%

Dec 202315%

Mar 202415%

Jun 202416%

Sep 202415%

Dec 202414%

Mar 202515%

Jun 202514%

Sep 202515%

Dec 202514%

Mar 202615%

Jun 202615%

Nelcast Ltd · NELCAST⚠ unverified

Sep 20215.3%

Dec 20215.9%

Mar 20226.4%

Jun 20226.4%

Sep 20228.2%

Dec 20224.0%

Mar 20236.0%

Jun 20236.6%

Sep 20238.9%

Dec 20238.0%

Mar 20245.3%

Jun 20246.7%

Sep 20246.5%

Dec 20245.9%

Mar 20259.0%

Jun 20258.5%

Sep 20255.7%

Dec 202510%

Mar 20268.7%

Jun 20264.6%

Sterling Tools Ltd · STERTOOLS⚠ unverified

Sep 202116%

Dec 202113%

Mar 202210%

Jun 202213%

Sep 202214%

Dec 202214%

Mar 202311%

Jun 202312%

Sep 202312%

Dec 202311%

Mar 202411%

Jun 202411%

Sep 202411%

Dec 202410%

Mar 20259.3%

Jun 202511%

Sep 202511%

Dec 202511%

Mar 20263.6%

Jun 202611%

Sundaram Clayton Ltd · SUNCLAY

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 20235.0%

Sep 20238.0%

Dec 2023-1.4%

Mar 20242.7%

Jun 20241.7%

Sep 20242.8%

Dec 20247.0%

Mar 20255.0%

Jun 20253.2%

Sep 20253.0%

Dec 20257.0%

Mar 20268.0%

Jun 20262.0%

Uni Abex Alloy Products Ltd · 504605

Sep 202113%

Dec 202118%

Mar 202216%

Jun 202213%

Sep 20229.6%

Dec 202222%

Mar 202323%

Jun 202326%

Sep 202333%

Dec 202332%

Mar 202414%

Jun 202422%

Sep 202422%

Dec 202419%

Mar 202526%

Jun 202517%

Sep 202526%

Dec 202513%

Mar 202631%

Jun 202610%

Margin change · reported quarter history

Alicon Castalloy Ltd · ALICON⚠ unverified

Sep 2021−3.7 pp

Dec 2021−0.2 pp

Mar 2022−3.2 pp

Jun 2022+2.8 pp

Sep 2022+2.2 pp

Dec 2022−0.4 pp

Mar 2023−1.9 pp

Jun 2023+0.1 pp

Sep 2023+0.7 pp

Dec 2023+1.5 pp

Mar 2024+4.1 pp

Jun 2024+2.0 pp

Sep 20240.0 pp

Dec 2024−4.0 pp

Mar 2025−3.0 pp

Jun 2025−1.0 pp

Sep 2025+1.0 pp

Dec 2025+1.0 pp

Mar 2026−2.0 pp

Jun 2026−3.0 pp

Amic Forging Ltd · 544037

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 20240.0 pp

Dec 2024—

Mar 2025+19.0 pp

Jun 2025—

Sep 2025+8.0 pp

Dec 2025—

Mar 2026+5.0 pp

Jun 2026—

Balu Forge Industries Ltd · BALUFORGE

Sep 2021—

Dec 2021+5.9 pp

Mar 2022+4.7 pp

Jun 2022+3.4 pp

Sep 2022−4.5 pp

Dec 2022+5.0 pp

Mar 2023+4.5 pp

Jun 2023+4.2 pp

Sep 2023+14.0 pp

Dec 2023+2.0 pp

Mar 2024+4.0 pp

Jun 2024+6.0 pp

Sep 2024+7.0 pp

Dec 2024+4.0 pp

Mar 2025+7.0 pp

Jun 2025+6.0 pp

Sep 2025−1.0 pp

Dec 2025+1.0 pp

Mar 2026−5.0 pp

Jun 2026−3.0 pp

Bharat Forge Ltd · BHARATFORG

Sep 2021+8.8 pp

Dec 2021+4.6 pp

Mar 2022−4.1 pp

Jun 2022−6.0 pp

Sep 2022−6.9 pp

Dec 2022−7.9 pp

Mar 2023−3.2 pp

Jun 2023+0.1 pp

Sep 2023+2.0 pp

Dec 2023+5.0 pp

Mar 2024+3.0 pp

Jun 2024+3.0 pp

Sep 2024+2.0 pp

Dec 20240.0 pp

Mar 2025+3.0 pp

Jun 2025−1.0 pp

Sep 20250.0 pp

Dec 2025−1.0 pp

Mar 2026−1.0 pp

Jun 2026−2.0 pp

Captain Technocast Ltd · 540652

Sep 2021+3.0 pp

Dec 2021—

Mar 20220.0 pp

Jun 2022—

Sep 2022−1.0 pp

Dec 2022—

Mar 2023+1.0 pp

Jun 2023—

Sep 20230.0 pp

Dec 2023—

Mar 2024−1.0 pp

Jun 2024—

Sep 2024+3.0 pp

Dec 2024—

Mar 2025+4.0 pp

Jun 2025—

Sep 2025+3.0 pp

Dec 2025—

Mar 2026−2.0 pp

Jun 2026—

CIE Automotive India Ltd · CIEINDIA

Sep 2021+3.9 pp

Dec 2021−1.8 pp

Mar 2022+0.5 pp

Jun 2022+1.1 pp

Sep 2022+0.2 pp

Dec 2022+2.2 pp

Mar 2023+2.4 pp

Jun 2023+2.2 pp

Sep 2023+2.0 pp

Dec 2023+2.0 pp

Mar 2024−1.0 pp

Jun 20240.0 pp

Sep 20240.0 pp

Dec 2024−1.0 pp

Mar 20250.0 pp

Jun 2025−2.0 pp

Sep 20250.0 pp

Dec 20250.0 pp

Mar 20260.0 pp

Jun 2026+1.0 pp

Nelcast Ltd · NELCAST⚠ unverified

Sep 2021−3.7 pp

Dec 2021−3.2 pp

Mar 2022−2.6 pp

Jun 2022+1.0 pp

Sep 2022+2.9 pp

Dec 2022−1.9 pp

Mar 2023−0.4 pp

Jun 2023+0.2 pp

Sep 2023+0.7 pp

Dec 2023+4.0 pp

Mar 2024−0.7 pp

Jun 2024+0.1 pp

Sep 2024−2.4 pp

Dec 2024−2.1 pp

Mar 2025+3.7 pp

Jun 2025+1.8 pp

Sep 2025−0.8 pp

Dec 2025+4.2 pp

Mar 2026−0.3 pp

Jun 2026−3.9 pp

Sterling Tools Ltd · STERTOOLS⚠ unverified

Sep 2021−6.7 pp

Dec 2021−7.2 pp

Mar 2022−6.2 pp

Jun 2022−0.1 pp

Sep 2022−2.1 pp

Dec 2022+0.5 pp

Mar 2023+0.4 pp

Jun 2023−1.1 pp

Sep 2023−2.0 pp

Dec 2023−2.3 pp

Mar 2024+0.9 pp

Jun 2024−0.2 pp

Sep 2024−0.7 pp

Dec 2024−0.9 pp

Mar 2025−2.2 pp

Jun 2025+0.1 pp

Sep 2025+0.0 pp

Dec 2025+0.7 pp

Mar 2026−5.7 pp

Jun 2026−0.9 pp

Sundaram Clayton Ltd · SUNCLAY

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024−3.3 pp

Sep 2024−5.2 pp

Dec 2024+8.4 pp

Mar 2025+2.3 pp

Jun 2025+1.5 pp

Sep 2025+0.2 pp

Dec 20250.0 pp

Mar 2026+3.0 pp

Jun 2026−1.2 pp

Uni Abex Alloy Products Ltd · 504605

Sep 2021−5.0 pp

Dec 2021−0.9 pp

Mar 2022−3.7 pp

Jun 2022−0.9 pp

Sep 2022−3.8 pp

Dec 2022+4.1 pp

Mar 2023+7.0 pp

Jun 2023+13.3 pp

Sep 2023+23.3 pp

Dec 2023+9.9 pp

Mar 2024−8.9 pp

Jun 2024−4.2 pp

Sep 2024−10.9 pp

Dec 2024−12.3 pp

Mar 2025+12.2 pp

Jun 2025−4.6 pp

Sep 2025+4.4 pp

Dec 2025−6.7 pp

Mar 2026+4.7 pp

Jun 2026−7.0 pp

08 · compare level, then change

Profit Scale & Acceleration

CIE Automotive India Ltd has the highest Net profit among the 10 Castings, Forgings & Fastners companies compared here, at ₹903 crore. Bharat Forge Ltd is next at ₹715 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: CIE Automotive India Ltd leads with ₹903 crore of TTM profit, 26.3% above Bharat Forge Ltd. Uni Abex Alloy Products Ltd shows ≥100% on the scoring scale (783.2% uncapped) growth from a ₹282 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderCIE Automotive India Ltd · ₹903 crore

Gap26.3% versus #2 · Bharat Forge Ltd

Persistence5/8 recent comparable periods

Coverage9/10 companies · 145 observations

Investor read: CIE Automotive India 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

1CIE Automotive India Ltd CIEINDIA₹903 Cr

2Bharat Forge Ltd BHARATFORG₹715 Cr

3Uni Abex Alloy Products Ltd 504605₹282 Cr

4Balu Forge Industries Ltd BALUFORGE₹268 Cr

5Sundaram Clayton Ltd SUNCLAY₹251 Cr

Profit growthfastest growers

1Uni Abex Alloy Products Ltd 504605100%

2Captain Technocast Ltd 540652100%

3Balu Forge Industries Ltd BALUFORGE18%

4CIE Automotive India Ltd CIEINDIA14%

5Alicon Castalloy Ltd ALICON⚠ unverified0.0%

Net profit · company comparison

9/10 level · 8/10 change

All-company data · latest reported quarter

Company	Net profit	Profit growth	Reported
CIE Automotive India Ltd CIEINDIA	₹236 Cr	16%	Jun 2026
Balu Forge Industries Ltd BALUFORGE	₹66 Cr	16%	Jun 2026
Amic Forging Ltd 544037	₹16 Cr	23%	Mar 2026
Alicon Castalloy Ltd ALICON⚠ unverified	₹11 Cr	22%	Jun 2026
Uni Abex Alloy Products Ltd 504605	₹7 Cr	30%	Jun 2026
Captain Technocast Ltd 540652	₹6 Cr	20%	Mar 2026
Sterling Tools Ltd STERTOOLS⚠ unverified	₹6 Cr	-35%	Jun 2026
Nelcast Ltd NELCAST⚠ unverified	₹5 Cr	-59%	Jun 2026
Sundaram Clayton Ltd SUNCLAY	₹-59 Cr	196%	Jun 2026
Bharat Forge Ltd BHARATFORG	₹-90 Cr	-132%	Jun 2026

Full 20-quarter history · every available company

Net profit · reported quarter history

Alicon Castalloy Ltd · ALICON⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹16 Cr

Mar 2023₹10 Cr

Jun 2023₹9 Cr

Sep 2023₹15 Cr

Dec 2023₹17 Cr

Mar 2024₹21 Cr

Jun 2024₹19 Cr

Sep 2024₹17 Cr

Dec 2024₹1 Cr

Mar 2025₹9 Cr

Jun 2025₹9 Cr

Sep 2025₹14 Cr

Dec 2025₹3 Cr

Mar 2026₹8 Cr

Jun 2026₹11 Cr

Amic Forging Ltd · 544037

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023₹7 Cr

Dec 2023—

Mar 2024₹7 Cr

Jun 2024—

Sep 2024₹23 Cr

Dec 2024—

Mar 2025₹13 Cr

Jun 2025—

Sep 2025₹12 Cr

Dec 2025—

Mar 2026₹16 Cr

Jun 2026—

Balu Forge Industries Ltd · BALUFORGE

Sep 2021₹7 Cr

Dec 2021₹8 Cr

Mar 2022₹11 Cr

Jun 2022₹7 Cr

Sep 2022₹5 Cr

Dec 2022₹11 Cr

Mar 2023₹15 Cr

Jun 2023₹17 Cr

Sep 2023₹23 Cr

Dec 2023₹25 Cr

Mar 2024₹28 Cr

Jun 2024₹34 Cr

Sep 2024₹48 Cr

Dec 2024₹59 Cr

Mar 2025₹63 Cr

Jun 2025₹57 Cr

Sep 2025₹65 Cr

Dec 2025₹71 Cr

Mar 2026₹66 Cr

Jun 2026₹66 Cr

Bharat Forge Ltd · BHARATFORG

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022₹142 Cr

Dec 2022₹79 Cr

Mar 2023₹128 Cr

Jun 2023₹214 Cr

Sep 2023₹215 Cr

Dec 2023₹254 Cr

Mar 2024₹227 Cr

Jun 2024₹175 Cr

Sep 2024₹243 Cr

Dec 2024₹213 Cr

Mar 2025₹283 Cr

Jun 2025₹284 Cr

Sep 2025₹299 Cr

Dec 2025₹273 Cr

Mar 2026₹233 Cr

Jun 2026₹-90 Cr

Captain Technocast Ltd · 540652

Sep 2021₹1 Cr

Dec 2021—

Mar 2022₹1 Cr

Jun 2022—

Sep 2022₹1 Cr

Dec 2022—

Mar 2023₹2 Cr

Jun 2023—

Sep 2023₹1 Cr

Dec 2023—

Mar 2024₹2 Cr

Jun 2024—

Sep 2024₹3 Cr

Dec 2024—

Mar 2025₹5 Cr

Jun 2025—

Sep 2025₹7 Cr

Dec 2025—

Mar 2026₹6 Cr

Jun 2026—

CIE Automotive India Ltd · CIEINDIA

Sep 2021₹166 Cr

Dec 2021₹80 Cr

Mar 2022₹161 Cr

Jun 2022₹189 Cr

Sep 2022₹171 Cr

Dec 2022₹-658 Cr

Mar 2023₹279 Cr

Jun 2023₹302 Cr

Sep 2023₹375 Cr

Dec 2023₹169 Cr

Mar 2024₹230 Cr

Jun 2024₹217 Cr

Sep 2024₹195 Cr

Dec 2024₹185 Cr

Mar 2025₹206 Cr

Jun 2025₹204 Cr

Sep 2025₹214 Cr

Dec 2025₹204 Cr

Mar 2026₹249 Cr

Jun 2026₹236 Cr

Nelcast Ltd · NELCAST⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹5 Cr

Mar 2023₹4 Cr

Jun 2023₹7 Cr

Sep 2023₹17 Cr

Dec 2023₹26 Cr

Mar 2024₹5 Cr

Jun 2024₹8 Cr

Sep 2024₹10 Cr

Dec 2024₹6 Cr

Mar 2025₹14 Cr

Jun 2025₹13 Cr

Sep 2025₹5 Cr

Dec 2025₹16 Cr

Mar 2026₹15 Cr

Jun 2026₹5 Cr

Sterling Tools Ltd · STERTOOLS⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹14 Cr

Mar 2023₹8 Cr

Jun 2023₹13 Cr

Sep 2023₹12 Cr

Dec 2023₹14 Cr

Mar 2024₹16 Cr

Jun 2024₹18 Cr

Sep 2024₹17 Cr

Dec 2024₹14 Cr

Mar 2025₹9 Cr

Jun 2025₹9 Cr

Sep 2025₹17 Cr

Dec 2025₹2 Cr

Mar 2026₹2 Cr

Jun 2026₹6 Cr

Sundaram Clayton Ltd · SUNCLAY

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023₹-36 Cr

Sep 2023₹-10 Cr

Dec 2023₹-63 Cr

Mar 2024₹-47 Cr

Jun 2024₹-56 Cr

Sep 2024₹-54 Cr

Dec 2024₹-44 Cr

Mar 2025₹144 Cr

Jun 2025₹-58 Cr

Sep 2025₹-64 Cr

Dec 2025₹-52 Cr

Mar 2026₹426 Cr

Jun 2026₹-59 Cr

Uni Abex Alloy Products Ltd · 504605

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹7 Cr

Mar 2023₹7 Cr

Jun 2023₹9 Cr

Sep 2023₹13 Cr

Dec 2023₹10 Cr

Mar 2024₹3 Cr

Jun 2024₹7 Cr

Sep 2024₹8 Cr

Dec 2024₹5 Cr

Mar 2025₹13 Cr

Jun 2025₹6 Cr

Sep 2025₹11 Cr

Dec 2025₹5 Cr

Mar 2026₹258 Cr

Jun 2026₹7 Cr

Profit growth · reported quarter history

Alicon Castalloy Ltd · ALICON⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 20238.9%

Mar 2024116%

Jun 2024111%

Sep 202413%

Dec 2024-94%

Mar 2025-57%

Jun 2025-53%

Sep 2025-18%

Dec 2025200%

Mar 2026-11%

Jun 202622%

Amic Forging Ltd · 544037

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024229%

Dec 2024—

Mar 202586%

Jun 2025—

Sep 2025-48%

Dec 2025—

Mar 202623%

Jun 2026—

Balu Forge Industries Ltd · BALUFORGE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202275%

Sep 2022-29%

Dec 202238%

Mar 202336%

Jun 2023143%

Sep 2023360%

Dec 2023127%

Mar 202487%

Jun 2024100%

Sep 2024109%

Dec 2024136%

Mar 2025125%

Jun 202568%

Sep 202535%

Dec 202520%

Mar 20264.8%

Jun 202616%

Bharat Forge Ltd · BHARATFORG

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 202351%

Dec 2023222%

Mar 202477%

Jun 2024-18%

Sep 202413%

Dec 2024-16%

Mar 202525%

Jun 202562%

Sep 202523%

Dec 202528%

Mar 2026-18%

Jun 2026-132%

Captain Technocast Ltd · 540652

Sep 20210.0%

Dec 2021—

Mar 2022-50%

Jun 2022—

Sep 20220.0%

Dec 2022—

Mar 2023100%

Jun 2023—

Sep 20230.0%

Dec 2023—

Mar 20240.0%

Jun 2024—

Sep 2024200%

Dec 2024—

Mar 2025150%

Jun 2025—

Sep 2025133%

Dec 2025—

Mar 202620%

Jun 2026—

CIE Automotive India Ltd · CIEINDIA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202239%

Sep 20223.0%

Dec 2022-923%

Mar 202373%

Jun 202360%

Sep 2023119%

Dec 2023—

Mar 2024-18%

Jun 2024-28%

Sep 2024-48%

Dec 20249.5%

Mar 2025-10%

Jun 2025-6.0%

Sep 20259.7%

Dec 202510%

Mar 202621%

Jun 202616%

Nelcast Ltd · NELCAST⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023411%

Mar 202427%

Jun 202411%

Sep 2024-41%

Dec 2024-77%

Mar 2025167%

Jun 202557%

Sep 2025-52%

Dec 2025166%

Mar 202613%

Jun 2026-59%

Sterling Tools Ltd · STERTOOLS⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023-2.4%

Mar 2024109%

Jun 202441%

Sep 202440%

Dec 20240.2%

Mar 2025-46%

Jun 2025-51%

Sep 2025-1.6%

Dec 2025-89%

Mar 2026-82%

Jun 2026-35%

Sundaram Clayton Ltd · SUNCLAY

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026196%

Jun 2026—

Uni Abex Alloy Products Ltd · 504605

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 202350%

Mar 2024-51%

Jun 2024-15%

Sep 2024-35%

Dec 2024-49%

Mar 2025267%

Jun 2025-23%

Sep 202533%

Dec 20253.4%

Mar 20261,938%

Jun 202630%

09 · compare level, then change

Return On Capital Employed

Captain Technocast Ltd has the highest ROCE among the 10 Castings, Forgings & Fastners companies compared here, at 29.9%. Amic Forging Ltd is next at 25.2%. Nelcast Ltd has the highest ROCE change at +2.7 percentage points, so level and change sit with different companies. 10 of 10 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Captain Technocast Ltd leads ROCE at 29.9%, 4.7 percentage points above Amic Forging Ltd. Nelcast Ltd has the strongest latest improvement at +2.7 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.

LeaderCaptain Technocast Ltd · 29.9%

Gap18.7% versus #2 · Amic Forging Ltd

PersistenceNot enough history

Coverage10/10 companies · 85 observations

Investor read: Captain Technocast 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

1Captain Technocast Ltd 54065230%

2Amic Forging Ltd 54403725%

3Balu Forge Industries Ltd BALUFORGE23%

4Uni Abex Alloy Products Ltd 50460519%

5CIE Automotive India Ltd CIEINDIA15%

ROCE changefastest improvers

1Nelcast Ltd NELCAST⚠ unverified+2.7 pp

2Bharat Forge Ltd BHARATFORG+1.0 pp

3Captain Technocast Ltd 5406520.0 pp

4CIE Automotive India Ltd CIEINDIA−1.0 pp

5Sundaram Clayton Ltd SUNCLAY−1.2 pp

Return on capital · company comparison

10/10 level · 10/10 change

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. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter

Company	ROCE	ROCE change	Reported
Balu Forge Industries Ltd BALUFORGE	18%	−5.3 pp	Jun 2026
CIE Automotive India Ltd CIEINDIA	15%	−1.0 pp	Jun 2026
Nelcast Ltd NELCAST⚠ unverified	12%	+2.7 pp	Jun 2026
Alicon Castalloy Ltd ALICON⚠ unverified	12%	−2.3 pp	Jun 2026
Sterling Tools Ltd STERTOOLS⚠ unverified	6.1%	−7.2 pp	Jun 2026
Sundaram Clayton Ltd SUNCLAY	-4.2%	−1.2 pp	Jun 2026

Full 20-quarter history · every available company

ROCE · reported quarter history

Alicon Castalloy Ltd · ALICON⚠ unverified

Sep 202113%

Dec 2021—

Mar 202210%

Jun 2022—

Sep 202215%

Dec 2022—

Mar 202315%

Jun 2023—

Sep 202314%

Dec 202315%

Mar 202417%

Jun 202420%

Sep 202419%

Dec 202417%

Mar 202514%

Jun 202513%

Sep 202512%

Dec 202512%

Mar 202612%

Jun 2026—

Balu Forge Industries Ltd · BALUFORGE

Sep 202116%

Dec 2021—

Mar 202222%

Jun 2022—

Sep 202218%

Dec 2022—

Mar 202325%

Jun 202338%

Sep 202320%

Dec 202334%

Mar 202420%

Jun 202438%

Sep 202418%

Dec 202432%

Mar 202523%

Jun 202536%

Sep 202523%

Dec 202529%

Mar 202618%

Jun 2026—

CIE Automotive India Ltd · CIEINDIA

Sep 2021—

Dec 202110%

Mar 2022—

Jun 202211%

Sep 2022—

Dec 2022—

Mar 2023—

Jun 202314%

Sep 202310%

Dec 202317%

Mar 202424%

Jun 202416%

Sep 202418%

Dec 202415%

Mar 202516%

Jun 202514%

Sep 202515%

Dec 202513%

Mar 202615%

Jun 2026—

Nelcast Ltd · NELCAST⚠ unverified

Sep 20216.4%

Dec 2021—

Mar 20225.8%

Jun 2022—

Sep 20229.5%

Dec 2022—

Mar 20239.1%

Jun 2023—

Sep 20239.5%

Dec 202316%

Mar 202410%

Jun 202416%

Sep 20248.8%

Dec 202411%

Mar 20259.5%

Jun 202514%

Sep 202510%

Dec 202515%

Mar 202612%

Jun 2026—

Sterling Tools Ltd · STERTOOLS⚠ unverified

Sep 202113%

Dec 2021—

Mar 20229.1%

Jun 2022—

Sep 202212%

Dec 2022—

Mar 202314%

Jun 2023—

Sep 202314%

Dec 202315%

Mar 202415%

Jun 202418%

Sep 202416%

Dec 202418%

Mar 202513%

Jun 202514%

Sep 20259.2%

Dec 202511%

Mar 20266.1%

Jun 2026—

Sundaram Clayton Ltd · SUNCLAY

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023-0.5%

Sep 2023—

Dec 2023—

Mar 2024-4.2%

Jun 2024-5.4%

Sep 2024-6.2%

Dec 2024-5.1%

Mar 2025-3.0%

Jun 20257.9%

Sep 2025-3.7%

Dec 20257.4%

Mar 2026-4.2%

Jun 2026—

ROCE change · reported quarter history

Alicon Castalloy Ltd · ALICON⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+2.1 pp

Dec 2022—

Mar 2023+4.5 pp

Jun 2023—

Sep 2023−1.1 pp

Dec 2023—

Mar 2024+2.0 pp

Jun 2024—

Sep 2024+4.6 pp

Dec 2024+1.5 pp

Mar 2025−2.5 pp

Jun 2025−7.3 pp

Sep 2025−6.5 pp

Dec 2025−4.6 pp

Mar 2026−2.3 pp

Jun 2026—

Balu Forge Industries Ltd · BALUFORGE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+1.9 pp

Dec 2022—

Mar 2023+3.5 pp

Jun 2023—

Sep 2023+2.7 pp

Dec 2023—

Mar 2024−4.8 pp

Jun 2024+0.1 pp

Sep 2024−1.9 pp

Dec 2024−1.8 pp

Mar 2025+2.9 pp

Jun 2025−2.7 pp

Sep 2025+4.5 pp

Dec 2025−3.5 pp

Mar 2026−5.3 pp

Jun 2026—

CIE Automotive India Ltd · CIEINDIA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023+2.7 pp

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024+2.4 pp

Sep 2024+8.0 pp

Dec 2024−2.1 pp

Mar 2025−7.7 pp

Jun 2025−2.3 pp

Sep 2025−2.9 pp

Dec 2025−2.2 pp

Mar 2026−1.0 pp

Jun 2026—

Nelcast Ltd · NELCAST⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+3.1 pp

Dec 2022—

Mar 2023+3.3 pp

Jun 2023—

Sep 20230.0 pp

Dec 2023—

Mar 2024+1.1 pp

Jun 2024—

Sep 2024−0.7 pp

Dec 2024−5.0 pp

Mar 2025−0.7 pp

Jun 2025−2.2 pp

Sep 2025+1.2 pp

Dec 2025+3.8 pp

Mar 2026+2.7 pp

Jun 2026—

Sterling Tools Ltd · STERTOOLS⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−0.8 pp

Dec 2022—

Mar 2023+5.0 pp

Jun 2023—

Sep 2023+2.7 pp

Dec 2023—

Mar 2024+0.4 pp

Jun 2024—

Sep 2024+1.5 pp

Dec 2024+3.3 pp

Mar 2025−1.2 pp

Jun 2025−4.3 pp

Sep 2025−6.7 pp

Dec 2025−7.6 pp

Mar 2026−7.2 pp

Jun 2026—

Sundaram Clayton Ltd · SUNCLAY

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024−4.9 pp

Sep 2024—

Dec 2024—

Mar 2025+1.2 pp

Jun 2025+13.3 pp

Sep 2025+2.5 pp

Dec 2025+12.5 pp

Mar 2026−1.2 pp

Jun 2026—

10 · compare level, then change

Valuation Against Growth & Quality

Balu Forge Industries Ltd has the lowest PEG among the 10 Castings, Forgings & Fastners companies compared here, at 1.11×. CIE Automotive India Ltd is next at 2.4×. Sundaram Clayton Ltd has the lowest P/E at 10.9×, so level and change sit with different companies. 2 of 10 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Balu Forge Industries Ltd has the lowest comparable PEG at 1.11×, 53.8% below CIE Automotive India Ltd. Only 2 of 10 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderBalu Forge Industries Ltd · 1.11×

Gap53.8% versus #2 · CIE Automotive India Ltd

Persistence0/8 recent comparable periods

Coverage2/10 companies · 13 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 feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.

PEGlowest PEG

1Balu Forge Industries Ltd BALUFORGE1.1

2CIE Automotive India Ltd CIEINDIA2.4

P/Elowest P/E

1Sundaram Clayton Ltd SUNCLAY10.9

2CIE Automotive India Ltd CIEINDIA16.5

3Uni Abex Alloy Products Ltd 50460520.6

4Balu Forge Industries Ltd BALUFORGE23.0

5Nelcast Ltd NELCAST⚠ unverified25.1

Valuation · company comparison

2/10 level · 10/10 change

All-company data · latest reported quarter

Company	PEG	P/E	Reported
CIE Automotive India Ltd CIEINDIA	2.4	20.7	Jun 2026
Balu Forge Industries Ltd BALUFORGE	1.1	20.4	Jun 2026
Uni Abex Alloy Products Ltd 504605	—	21.4	Jun 2026
Captain Technocast Ltd 540652	—	35.5	Mar 2026
Amic Forging Ltd 544037	—	53.1	Mar 2026
Bharat Forge Ltd BHARATFORG	—	87.4	Jun 2026
Sundaram Clayton Ltd SUNCLAY	—	10.4	Jun 2026
Alicon Castalloy Ltd ALICON⚠ unverified	—	28.8	Jun 2026
Nelcast Ltd NELCAST⚠ unverified	—	23.8	Jun 2026
Sterling Tools Ltd STERTOOLS⚠ unverified	—	40.5	Jun 2026

Full 20-quarter history · every available company

PEG · reported quarter history

Balu Forge Industries Ltd · BALUFORGE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 20230.8

Jun 20231.3

Sep 20231.1

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 20251.4

Mar 20261.5

Jun 20261.1

CIE Automotive India Ltd · CIEINDIA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 20230.9

Sep 2023—

Dec 20230.9

Mar 20241.1

Jun 20242.2

Sep 20243.1

Dec 20243.3

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 20262.4

P/E · reported quarter history

Alicon Castalloy Ltd · ALICON⚠ unverified

Sep 202128.1

Dec 202131.8

Mar 202228.2

Jun 202242.5

Sep 202235.9

Dec 202227.8

Mar 202319.9

Jun 202325.5

Sep 202327.7

Dec 202328.4

Mar 202426.3

Jun 202431.9

Sep 202430.9

Dec 202422.1

Mar 202518.7

Jun 202531.2

Sep 202536.6

Dec 202539.2

Mar 202626.6

Jun 202628.8

Amic Forging Ltd · 544037

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 20245.8

Jun 2024—

Sep 2024129.2

Dec 2024—

Mar 202538.5

Jun 2025—

Sep 2025119.9

Dec 2025—

Mar 202653.1

Jun 2026—

Balu Forge Industries Ltd · BALUFORGE

Sep 2021117.9

Dec 202152.7

Mar 202235.9

Jun 202221.0

Sep 202213.5

Dec 202216.4

Mar 202321.1

Jun 202335.3

Sep 202338.0

Dec 202332.8

Mar 202423.8

Jun 202434.0

Sep 202472.6

Dec 202457.4

Mar 202540.2

Jun 202536.1

Sep 202531.0

Dec 202528.0

Mar 202618.1

Jun 202620.4

Bharat Forge Ltd · BHARATFORG

Sep 202175.8

Dec 202144.4

Mar 202233.3

Jun 202230.0

Sep 202233.4

Dec 202248.5

Mar 202356.0

Jun 202370.9

Sep 202383.8

Dec 202383.8

Mar 202460.4

Jun 202481.2

Sep 202469.1

Dec 202458.8

Mar 202555.4

Jun 202559.8

Sep 202554.7

Dec 202563.9

Mar 202670.6

Jun 202687.4

Captain Technocast Ltd · 540652

Sep 202113.2

Dec 2021—

Mar 202212.0

Jun 2022—

Sep 202231.1

Dec 2022—

Mar 202333.7

Jun 2023—

Sep 202345.6

Dec 2023—

Mar 202467.1

Jun 2024—

Sep 202471.4

Dec 2024—

Mar 2025101.6

Jun 2025—

Sep 202562.3

Dec 2025—

Mar 202635.5

Jun 2026—

CIE Automotive India Ltd · CIEINDIA

Sep 202127.1

Dec 202120.9

Mar 202216.1

Jun 202215.2

Sep 202217.4

Dec 202221.7

Mar 202320.1

Jun 202327.2

Sep 202324.4

Dec 202323.3

Mar 202422.0

Jun 202426.9

Sep 202425.5

Dec 202421.9

Mar 202518.4

Jun 202521.3

Sep 202520.2

Dec 202518.6

Mar 202620.6

Jun 202620.7

Nelcast Ltd · NELCAST⚠ unverified

Sep 202137.6

Dec 202138.7

Mar 202240.1

Jun 202236.2

Sep 202234.4

Dec 202230.0

Mar 202324.1

Jun 202326.8

Sep 202348.9

Dec 202340.8

Mar 202428.2

Jun 202432.7

Sep 202431.3

Dec 202434.4

Mar 202528.3

Jun 202536.6

Sep 202529.7

Dec 202524.9

Mar 202622.2

Jun 202623.8

Sterling Tools Ltd · STERTOOLS⚠ unverified

Sep 202119.8

Dec 202118.4

Mar 202217.9

Jun 202236.8

Sep 202223.6

Dec 202229.1

Mar 202334.6

Jun 202329.1

Sep 202328.1

Dec 202326.3

Mar 202422.7

Jun 202424.1

Sep 202435.0

Dec 202432.4

Mar 202516.8

Jun 202522.0

Sep 202523.1

Dec 202523.9

Mar 202618.0

Jun 202640.5

Sundaram Clayton Ltd · SUNCLAY

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025-456.9

Jun 2025—

Sep 2025—

Dec 2025—

Mar 202610.4

Jun 2026—

Uni Abex Alloy Products Ltd · 504605

Sep 202110.1

Dec 20219.7

Mar 20229.5

Jun 20229.3

Sep 202210.9

Dec 202210.0

Mar 202312.2

Jun 202311.2

Sep 202317.3

Dec 202317.4

Mar 202415.3

Jun 202414.0

Sep 202419.2

Dec 202418.5

Mar 202516.9

Jun 202518.9

Sep 202520.1

Dec 202517.2

Mar 202615.5

Jun 202621.4

11 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Castings, Forgings & Fastners comparison names 7 specific ways its own evidence can mislead, all listed below. All 10 companies here report on comparable dates, so no rank carries a stale marker. 3 draw at least one figure from a second feed with too little overlap to cross-check. 1 has 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.
3 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.
1 company is 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.
Thin comparisons: Valuation have fewer than three usable current readings.

12 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 10 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 2026-09-25. 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 2026-09-25 · weekly price and relative-strength history

Derived metricsGrowth, changes and PEG 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 standing3 cross-checked · 6 unverified · 1 withheld, of 10 graded companies.

How a second data feed is admitted, and what happens when it disagrees

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.

13 · questions investors ask, short speakable answers

Castings, Forgings & Fastners company comparison FAQs

These 24 answers restate the Castings, Forgings & Fastners comparison above in question form. Every one is computed from the same 10 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-09-25. Nothing here is estimated, and none of it is a recommendation.

Is the Castings, Forgings & Fastners sector outperforming NIFTY 500?

Which Castings, Forgings & Fastners company is largest by revenue?

Bharat Forge Ltd leads with revenue of ₹17,543 crore, based on 9 of 10 comparable companies through Jun 2026.

Which Castings, Forgings & Fastners company is growing fastest?

Captain Technocast Ltd has the fastest current revenue growth at 78.2%, across 9 of 10 comparable companies.

Which Castings, Forgings & Fastners company has the strongest 4-Factor Sector Score?

Amic Forging Ltd ranks first at 65.1/100 with 58% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Castings, Forgings & Fastners company has the lowest comparable PEG?

Balu Forge Industries Ltd has the lowest comparable PEG at 1.11, among 2 of 10 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Castings, Forgings & Fastners comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns 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.

Is there a Nifty Castings, Forgings & Fastners index?

NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Castings, Forgings & Fastners, this page builds its own equal-weight basket of 10 listed Castings, Forgings & Fastners companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026.

Which are the best Castings, Forgings & Fastners stocks in India?

Ranked by this page's four-factor score, Amic Forging Ltd places first among 10 listed Castings, Forgings & Fastners companies, followed by Captain Technocast 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 10 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 ₹17,543 crore, ahead of CIE Automotive India Ltd at ₹9,998 crore. That covers 9 of 10 companies with comparable reporting through Jun 2026.

Which Castings, Forgings & Fastners company has the best profit margins?

Amic Forging Ltd has the highest operating margin at 33%, from 10 of 10 comparable companies. Amic Forging Ltd shows the biggest recent improvement, at +5 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?

CIE Automotive India Ltd earns the most, at ₹903 crore of trailing-twelve-month net profit, from 9 of 10 comparable companies. Uni Abex Alloy Products Ltd has the fastest profit growth at the ≥100% scoring cap, 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?

Captain Technocast Ltd leads on return on capital employed at 29.9%, across 10 of 10 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 PEG — where a LOWER number is cheaper — Balu Forge Industries Ltd screens cheapest at 1.11×. Only 2 of 10 companies have earnings and growth steady enough for the ratio to mean anything, 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.

Is the Castings, Forgings & Fastners sector beating the market?

Castings, Forgings & Fastners has outperformed NIFTY 500 by 13.1% over the last 52 weeks and 2.2% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 7 of 10 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Castings, Forgings & Fastners stock has the strongest price momentum?

Amic Forging 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?

Amic Forging Ltd scores 65.1 out of 100 with 58% evidence confidence, from 18.3 points on growth and earnings, 20.4 on capital efficiency, 6.4 on valuation and 20 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 10 listed companies over up to 20 reported quarters of fundamentals, 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 10 Castings, Forgings & Fastners companies on this page carry ₹1,29,179 crore of combined market value. Bharat Forge Ltd is the largest at ₹98,125 crore, about 76% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-09-28.

What is the Castings, Forgings & Fastners sector's P/E ratio?

The median price-to-earnings ratio across the 10 Castings, Forgings & Fastners companies on this page is 32.3×, measured on the 10 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 2026-09-28.

How is the Castings, Forgings & Fastners sector performing?

7 of the 10 covered Castings, Forgings & Fastners companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 13.1% ahead of NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-09-28.

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.

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Not SEBI Registered !! Not Investment advice !!