About Castings & Forgings
29 Jul 2026Castings & Forgings is one of 22 industries in the Capital Goods sector. Solomo tracks 22 listed companies classified as Castings & Forgings on India's NSE and BSE, out of 914 in the Capital Goods sector. Their combined market capitalisation was ₹75,076 crore on 29 Jul 2026, 1.6% of the Capital Goodssector's total and the 13th largest of its 22 industries by market value. All 22 carry both an NSE symbol and a BSE scrip code.
The 3 largest by market capitalisation are AIA Engineering Ltd (₹43,634 crore), Happy Forgings Ltd (₹14,918 crore) and Balu Forge Industries Ltd (₹5,646 crore).
Median trailing P/E across the 22 companies with a reported ratio is 26.0, and median return on capital employed (ROCE) across 22 companies is 14.3%.
| Company | Market cap | P/E | ROCE |
|---|---|---|---|
| AIA Engineering Ltd | ₹43,634 Cr | 34.4 | 20.3% |
| Happy Forgings Ltd | ₹14,918 Cr | 49.9 | 16.8% |
| Balu Forge Industries Ltd | ₹5,646 Cr | 21.8 | 18.5% |
| Steelcast Ltd | ₹3,169 Cr | 36.5 | 29.6% |
| Amic Forging Ltd | ₹2,103 Cr | 74.5 | 18.4% |
| Nelcast Ltd | ₹1,216 Cr | 25.1 | 11.4% |
| Synergy Green Industries Ltd | ₹947 Cr | 190.3 | 7.8% |
| Investment & Precision Castings Ltd | ₹800 Cr | 65.9 | 13.3% |
| Neetu Yoshi Ltd | ₹528 Cr | 21.1 | 22.5% |
| Magna Electro Castings Ltd | ₹521 Cr | 28.2 | 16.4% |
| Nitin Castings Ltd | ₹292 Cr | 27.4 | 13.8% |
| Kalyani Forge Ltd | ₹228 Cr | 24.4 | 10.9% |
| Krishanveer Forge Ltd | ₹178 Cr | 15.6 | 23.0% |
| Gujarat Intrux Ltd | ₹150 Cr | 14.5 | 21.4% |
| KVS Castings Ltd | ₹125 Cr | 17.8 | 11.2% |
| Hilton Metal Forging Ltd | ₹119 Cr | 34.6 | 5.3% |
| Samrat Forgings Ltd | ₹119 Cr | 27.0 | 10.0% |
| Super Iron Foundry Ltd | ₹98 Cr | 5.9 | 8.4% |
| Smiths & Founders (India) Ltd | ₹97 Cr | 71.7 | 4.4% |
| Creative Castings Ltd | ₹68 Cr | 15.6 | 13.8% |
Other industries in Capital Goods: Heavy Electrical Equipment (53), Aerospace & Defense (30), Industrial Products (234), Other Electrical Equipment (91), Iron & Steel Products (129), Compressors, Pumps & Diesel Engines (14), Commercial Vehicles (16), Cables - Electricals (15), Plastic Products - Industrial (71), Ship Building & Allied Services (5), Other Industrial Products (68), Abrasives & Bearings (8), Electrodes & Refractories (15), Packaging (87), Tractors (5), Construction Vehicles (7), Aluminium, Copper & Zinc Products (21), Railway Wagons (3), Rubber (14), Glass - Industrial (4) and Dealers-Commercial Vehicles, Tractors, Construction Vehicles (2).
Market capitalisation, P/E and ROCE are from Solomo's fundamentals snapshot dated 29 Jul 2026; the interactive table above re-prices market cap and P/E against live quotes during market hours, so intraday figures there will differ. Sector and industry labels follow the NSE and BSE classification, and any market-cap rank quoted above is taken across Solomo's full NSE and BSE universe. Reference data, not investment advice.