Electrosteel Castings
Building Materials · India · 1K - 5K Employees
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Overview
Headquarters
G.k. Tower 19 Camac Elgin St, Shakespear...Phone Number
+91 3322839990Website
www.electrosteel.comRevenue
$333.3 MillionStock Symbol
500128Industry
ZI Rank: 1
Signal Type
Mar
Apr
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Aug
ZI Rank
1
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About Electrosteel Castings
Electrosteel Castings Limited is an Indian company based in Kolkata. It is one of the largest manufacturers of ductile iron pipes in the Indian sub-continent, having a production capacity of 280,000 MT per annum.Explore more
Electrosteel Castings Org Chart
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Company Profile Activity
Activity Insights
Electrosteel Castings is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
Electrosteel Castings is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Electrosteel Castings.
Electrosteel Castings Tech Stack
A closer look at the technologies used by Electrosteel Castings
Most Recent Scoops
Project
expects its valve manufacturing facility in India to commence operations by the end of the current financial year, supporting future growth and improving profitability, with a target to double revenue from the valve segment over the next four years.
Spending/Investment, Manufacturing Operations
Pain Point
Electrosteel Castings is facing a challenging operating environment in the Ductile Iron pipe industry, driven by slower project execution, delayed fund disbursements, and liquidity constraints at the state and municipal levels, resulting in significant pressure on volumes and profitability. In response, Electrosteel Castings has implemented a broad-based structural cost optimization program across its operations to strengthen operating efficiencies and build a more competitive cost base.
Pain Point, Corporate Strategy, Finance, Financial Operations
Project
Electrosteel Castings has announced plans to shift a portion of its manufacturing operations to India to double total production volumes, while continuing to produce high-value products in Italy, with the Asian subcontinent expected to contribute approximately 40% to 45% of total business over the next three to four years.
Corporate Strategy, Manufacturing Operations
Earnings
Electrosteel Castings has revised its annual volume guidance downward to approximately 575,000 tons for the current year, from a prior indication of 650,000 to 700,000 tons, citing the slower-than-expected initial release of Jal Jeevan Mission funds.
Forecasting
Earnings
Finance, Financing & Debt
Electrosteel Castings News & Media
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Frequently Asked Questions Regarding Electrosteel Castings
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Electrosteel Castings Limited is an Indian company based in Kolkata. It is one of the largest manufacturers of ductile iron pipes in the Indian sub-continent, having a production capacity of 280,000 MT per annum.... Read More
