Steel Castings Stocks and Companies in India

The largest Steel Castings stocks in India by market value are PTC Industries (₹38,433 crore), Investment & Precision Castings (₹1,392 crore) and Kalyani Cast-Tech (₹878 crore), at prices of 30 Oct 2026.

• PTC Industries: ₹23,979.25 | market value ₹38,433 crore | P/E 306
• Investment & Precision Castings: ₹1,349.15 | market value ₹1,392 crore | P/E 93.2
• Kalyani Cast-Tech: ₹1,223 (price from the week of 4 Oct 2026) | market value ₹878 crore | P/E 58.7
• Neetu Yoshi: ₹192.40 | market value ₹814 crore | P/E 32.5
• Simplex Castings: ₹126.30 | market value ₹540 crore | P/E 22.5

Share price | market value | P/E, biggest first. Prices and market values as of 30 Oct 2026; ratios as in the score list below.

Ranked by the 4-Factor Sector Score (growth & earnings 35, capital efficiency 25, valuation 20, relative strength 20). Prices as of 30 Oct 2026.

All 5 listed Indian Castings - Steel/Alloy companies are named here, largest first. This is the set of companies people mean when they search for a Nifty Castings - Steel/Alloy index; NSE publishes its own indices only for the largest sectors, so this equal-weighted set stands in for one. One large company cannot set the reading.

1. PTC Industries Ltd₹38,400 cr
2. Investment & Precision Castings Ltd₹1,390 cr
3. Kalyani Cast-Tech Ltd₹878 cr
4. Neetu Yoshi Ltd₹814 cr
5. Simplex Castings Ltd₹540 cr

5 Steel Castings companies in the Castings - Steel/Alloy industry group have a page on Sector Alpha, by market value as of 30 October 2026, and all 5 are listed below, largest first. The largest is PTC Industries (₹38,433 crore) and the smallest with a market value is Simplex Castings.

Download all 5 Steel Castings companies (CSV)

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the last two years (104 weeks) this sector is 181% ahead of NIFTY 500. Earnings across its companies grew 51% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 36 weeks running.

Price and the fundamentals both up. 3 of 5 companies pass the momentum test (5+ points ahead of the Nifty 500 over 3 months, within 20% of the 52-week high).

Ahead of NIFTY 500 on the three-month view for 36 weeks running; 5 of the 5 companies in the industry index above their 200-day average (no change from four weeks earlier); 3 of those 5 pass the momentum test (2 fewer than four weeks earlier); earnings rising at 5 of the 5 that report earnings.

Ahead of NIFTY 500 for 36 weeks running and +107.9% over a year, with 5 → 3 of 5 stocks participating. Earnings confirming, 5 of 5 members have higher trailing twelve-month earnings than a year ago.

Both lines start at 200 in the same week, so the gap between them tells the story: the sector line is an equal-weighted index of its 5 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member set to 100 at the start and the sector taking the middle value, so a price line pulling away from flat bars means the market is paying more for the same earnings. A bar turns grey when that figure is lower than the quarter before. The rules are fixed and the same 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 or tap any point to read both values and the gap.

Castings - Steel/Alloy has done better than the NIFTY 500 by 96% over the last 52 weeks. Over 13 weeks the gap is a lead of 44.6%. Readings are as of 30 October 2026.

Relative-strength score for the industry: 45.7 as of 30 October 2026 (broadening, falling).

Castings - Steel/Alloy has done better than the NIFTY 500 by 96% over 52 weeks and by 44.6% over 13 weeks. 3 of 5 companies we track are beating the NIFTY on relative strength (how a share price has done against the index over recent months) (1 has no relative-strength reading yet).

A score that ranks each company against the others in its industry. The four parts shown always add up to the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or old evidence affects only its own part, never as a hidden adjustment.

Simplex Castings Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 60.3% evidence confidence.

Ranked last: too little evidence (2 companies)

Under 60% of the evidence behind these scores is available, so they rank after every company above, whatever the score.

Investment & Precision Castings Ltd has the strongest one-year price move in Castings - Steel/Alloy at +164.5%. It also leads on relative strength against the NIFTY, at +77.1%. 4 of 5 companies we track are ahead of the index on that measure (1 has no relative-strength reading yet). Every line covers 313 weekly closes through 30 October 2026.

Price and relative strength

Price · same starting point: 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.

RS vs NIFTY 500: How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.

RS vs sector: The same measure taken against Castings - Steel/Alloy itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.

Biggest one-year moves

Strongest against NIFTY 500

Earnings are still growing, but price is late in a second advance and should rank below a well-supported first breakout. In the week of 5 October 2026, 100% of 2 Castings - Steel/Alloy companies were beating the Nifty 500, against 100% on 25 May 2026.

From our industry review of 10 October 2026.

1 of 6 Castings - Steel/Alloy companies held a results call for July to September 2026. Poojaa Precision Engg. guided: FY27 revenue growth approximately 50% over FY26.

From the results calls for July to September 2026.

Big funds, foreign and Indian, raised their stake by 0.9 points over the last two quarters. Founders and promoters cut theirs by 0.5 points.

• Spending on new plants and equipment was ₹415 crore in the last 12 months, 24% less than a year before.
• Projects still being built grew 102% in a year.

Big funds = foreign and Indian institutions, change in their share of ownership across 6 Castings - Steel/Alloy companies, in percentage points.

Ownership and spending as of 10 October 2026.

The next things that show whether the Castings - Steel/Alloy story is on course. First: Simplex's expected October railway releases: confirm actual executable orders rather than another timetable change.

• Simplex's quarterly sales and margins: test the revenue goal and qualified margin guidance against delivery.
• Simplex's solar-project milestones: confirm commissioning before counting cost savings.
• Complete the missing latest industry quarter and obtain current management evidence from the leading members.

What would change the story

A complete next industry results print showing profit below the same quarter a year earlier because revenue contracts would break the earnings-supported continuation call; check it on a comparable member set because reporting counts vary.

From our industry review of 10 October 2026.

PTC Industries Ltd has the highest Revenue among the 5 Castings - Steel/Alloy companies compared here, at ₹698 crore. Simplex Castings Ltd is next at ₹219 crore. The same company also has the highest Revenue growth, at 95%. 3 of 5 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: PTC Industries Ltd is the largest at ₹698 crore, 219.2% ahead of Simplex Castings Ltd. PTC Industries Ltd's growth is 95% from a ₹698 crore base, with 20 reported quarters out of the last 20. Fast growth from a smaller base is not yet the same as proven size.

What this means: PTC Industries Ltd is both the largest and the fastest-growing company here; the growth has to turn into margin and returns before it counts as more than a fast start.

This conclusion weakens if: PTC Industries Ltd's revenue growth slows for two consecutive comparable reports while its 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.

Revenue · company comparison

Revenue · largest

Revenue growth · fastest growers

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.

Revenue shows both size and speed. A large company can absorb shocks and pay for wide distribution; faster growth can mean market-share gains, new capacity or stronger demand. The best sign is usually growth that lasts without hurting margins and returns.

Neetu Yoshi Ltd has the highest OPM among the 5 Castings - Steel/Alloy companies compared here, at 30%. PTC Industries Ltd is next at 25%. PTC Industries Ltd has the highest Margin change at +16 percentage points, so level and change sit with different companies. 5 of 5 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Neetu Yoshi Ltd leads opm at 30%; PTC Industries Ltd leads margin change at +16 percentage points.

What this means: Neetu Yoshi Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

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.

Operating margin · company comparison

OPM · highest

Margin change · fastest expanders

All-company data · latest reported quarter

PTC Industries Ltd has the highest Net profit among the 5 Castings - Steel/Alloy companies compared here, at ₹125 crore. Simplex Castings Ltd is next at ₹23 crore. Investment & Precision Castings 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: PTC Industries Ltd earns the most, ₹125 crore of profit over the last 12 months, 434.2% above Simplex Castings Ltd. Investment & Precision Castings Ltd shows at least 100% on the scoring scale (143.8% in full) growth from a profit base of ₹15 crore. A fast rate from a small base matters less than a large profit that keeps coming.

What this means: PTC Industries Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

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 profit · company comparison

Net profit · largest

Profit growth · fastest growers

All-company data · latest reported quarter

Neetu Yoshi Ltd has the highest ROCE among the 5 Castings - Steel/Alloy companies compared here, at 31.8%. Kalyani Cast-Tech Ltd is next at 27%. Investment & Precision Castings Ltd has the highest ROCE change at +9.1 percentage points, so level and change sit with different companies. 5 of 5 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Neetu Yoshi Ltd leads ROCE at 31.8%, 4.8 percentage points above Kalyani Cast-Tech Ltd. A high return reported once may be one good year; a high return reported year after year shows a lasting business.

What this means: Neetu Yoshi Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

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.

Return on capital · company comparison

ROCE · highest

ROCE change · fastest improvers

All-company data · latest reported quarter

Investment & Precision Castings Ltd has the lowest PEG among the 5 Castings - Steel/Alloy companies compared here, at 2.32×. PTC Industries Ltd is next at 8.22×. Simplex Castings Ltd has the lowest P/E at 22.5×, so level and change sit with different companies. 2 of 5 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Investment & Precision Castings Ltd has the lowest comparable PEG at 2.32×, 71.8% below PTC Industries Ltd. That would need today's multiple, the company's own history and steady growth to agree.

What this means: A low valuation is a reason to look closer at the business, not a conclusion on its own.

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 worked out the same way every time, as the P/E on the last 12 months of reported earnings divided by that growth rate, never on expected earnings. 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.

Valuation · company comparison

PEG · lowest PEG

P/E · lowest P/E

All-company data · latest reported quarter

Castings - Steel/Alloy companies show up on 2 of our India lists. The most are on the momentum stocks list (3 companies).

This Castings - Steel/Alloy comparison names 5 specific ways its own evidence can mislead, all listed below. All 5 companies here report on comparable dates, so no rank carries a stale marker. 1 of the 5 ranked sections has fewer than three usable current readings. A high growth rate can still come from a very small starting figure.

Keep these limits visible

• A high growth rate can come from a very small starting figure. The page keeps level and change separate for that reason.
• A high ROCE can be temporary, or look high because the capital base is small. It is best read beside margin, cash flow and how much is spent back on the business.
• The 4-Factor Sector Score ranks published data only. Management quality, upcoming events and risks are not part of it.
• An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
• Thin comparisons: Valuation have fewer than three usable current readings.

This comparison is built from the reported filings of 5 Castings - Steel/Alloy 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 30 October 2026.

Every company's second-feed figures reconcile against the primary source on overlapping reported periods, so nothing here is unverified or withheld.

These 24 answers restate the Castings - Steel/Alloy comparison above in question form. Every one is computed from the same 5 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 30 October 2026. Nothing here is estimated, and none of it is a recommendation.