Electrosteel Castings - Revision history

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2026-02-06T06:16:14Z

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	'''Electrosteel Castings Limited''' is ~~a Company~~ based in [[Kolkata~~]], [[India~~]].		{{short description\|Indian ductile iron pipe manufacturer}}
			{{Use dmy dates\|date=June 2022}}
	It is one of the largest manufacturers of [[~~Ductile~~ iron pipe~~\|Ductile Iron (DI) Pipes~~]] in the Indian sub-continent, having a production capacity of 280,000 MT per annum.<ref>{{Cite web\|url=https://economictimes.indiatimes.com/electrosteel-steels-ltd/directorsreport/companyid-32354.cms\|title=Directors Report \| Director Details - The Economic Times\|website=economictimes.indiatimes.com}}</ref> ~~The present turnover of the company is US$277 Million.~~<ref>{{Cite web\|url=https://economictimes.indiatimes.com/electrosteel-steels-ltd/directorsreport/companyid-32354.cms\|title=Electrosteel Steels Directors Report {{!}} Electrosteel Steels Director Details - The Economic Times\|website=economictimes.indiatimes.com\|access-date=2018-09-03}}</ref><ref>{{cite web \| url = ~~http~~://www.electrosteel.com/ \| title = Electrosteel \| publisher = ECL \| accessdate = 16 July 2018}}</ref> Electrosteel was the pioneer in setting up a Ductile Iron Spun Pipe Plant in India in 1994 and is among the five largest producers of Spun Iron pipes in the world<ref>{{Cite news\|url=http://www.businessworld.in/article/Electrosteel-Steels-Nerves-Of-Steel/16-03-2016-91999/\|title=Electrosteel Steels: Nerves Of Steel\|last=Behura\|first=Monica\|date=2016-03-16\|work=Business World\|access-date=2018-09-03}}</ref><ref>{{Cite web\|~~url~~=~~http://businessworld.in/article/Electrosteel-Steels-Nerves-Of-Steel/16~~-03-~~2016-91999~~\|title=Electrosteel ~~Steels~~: ~~Nerves Of Steel\|first~~=~~Monica~~\|~~last~~=~~Behura~~\|website=~~BW Businessworld~~}}</ref>		{{Use Indian English\|date=June 2022}}
			{{Infobox company
			\| name = Electrosteel Castings Limited
			\| logo = ELECTCAST.png
			\| image =
			\| type = [[Public company\|Public]]
			\| traded_as = {{NSE\|ELECTCAST}} <br /> {{BSE\|500128}}
			\| foundation = {{sda\|1955}}
			\| location = [[Kolkata]], [[West Bengal]], India
			\| key_people = Pradip Kumar Khaitan (chairman)<br /> Umang Kejriwal (MD) <br /> Sunil Katial<br /> (CEO)<ref>{{Cite web \|title=Electrosteel Castings Management Information - Details of Electrosteel Castings Management \|url=https://economictimes.indiatimes.com/electrosteel-castings-ltd/infocompanymanagement/companyid-13811.cms \|access-date=2023-06-06 \|website=The Economic Times \|language=en}}</ref><ref name="AnnualReport2022">{{cite web\|url=https://www.bseindia.com/bseplus/AnnualReport/500128/74357500128.pdf\|title=ELECTROSTEEL CASTINGS LIMITED 2022 ANNUAL REPORT \|website=bseindia.com\|accessdate=26 June 2023}}</ref>
			\| revenue = {{increase}} {{INRconvert\|7360.42\|c}} (2023)<ref name="Revenue">{{Cite web \|date=2023-05-17 \|title=Electrosteel Castings Ltd posts consolidated PAT of Rs. 89.43 crores in Q4 FY2023 \|url=https://www.equitybulls.com/category.php?id=331955 \|access-date=2023-06-26 \|website=EquityBulls}}</ref>
			\| net_income = {{decrease}} {{INRconvert\|315.80\|c}} (2023)<ref name="Revenue"/>
			\| assets = {{increase}} {{INRConvert\|8623.82\|c}} (2022)<ref name="AnnualReport2022"/>
			\| equity = {{increase}} {{INRConvert\|4104.47\|c}} (2022)<ref name="AnnualReport2022"/>
			\| homepage = {{URL\|https://www.electrosteel.com/}}
			}}
			'''Electrosteel Castings Limited''' is an Indian company based in [[Kolkata]]. It is one of the largest manufacturers of [[ductile iron pipe]]s in the Indian sub-continent, having a production capacity of 280,000 MT per annum.<ref>{{Cite web\|url=https://economictimes.indiatimes.com/electrosteel-steels-ltd/directorsreport/companyid-32354.cms\|title=Directors Report \| Director Details - The Economic Times\|website=economictimes.indiatimes.com}}</ref><ref>{{Cite web\|url=https://economictimes.indiatimes.com/electrosteel-steels-ltd/directorsreport/companyid-32354.cms\|title=Electrosteel Steels Directors Report {{!}} Electrosteel Steels Director Details - The Economic Times\|website=economictimes.indiatimes.com\|access-date=2018-09-03}}</ref><ref>{{cite web \| url = https://www.electrosteel.com/ \| title = Electrosteel \| publisher = ECL \| accessdate = 16 July 2018}}</ref> Electrosteel was the pioneer in setting up a Ductile Iron Spun Pipe Plant in India in 1994 and is among the five largest producers of Spun Iron pipes in the world.<ref>{{Cite news\|url=http://www.businessworld.in/article/Electrosteel-Steels-Nerves-Of-Steel/16-03-2016-91999/\|title=Electrosteel Steels: Nerves Of Steel\|last=Behura\|first=Monica\|date=2016-03-16\|work=Business World\|access-date=2018-09-03}}</ref><ref>{{Cite web \|date=2023-03-24 \|title=Electrosteel Castings Ltd to set up new Ferro Alloy Plant \|url=https://www.equitybulls.com/category.php?id=329382 \|access-date=2023-06-06 \|website=EquityBulls}}</ref>

	==History ==		==History ==
			[[File:Electrosteel_Castings_Limited_-_Khardaha_-_North_24_Parganas_2012-04-11_9703.JPG\|thumb\|248x248px\|Plant of Electrosteel Castings at [[Khardaha]].]]
	In 1955, Electrosteel established a Steel Foundry at [[Khardaha\|Khardah]], near [[Kolkata]], West Bengal. Subsequently, it started manufacturing Gray Cast Iron [[Cast iron pipe\|Spun Pipes]] in 1959.		In 1955, Electrosteel established a Steel Foundry at [[Khardaha\|Khardah]], near [[Kolkata]], West Bengal. Subsequently, it started manufacturing Gray Cast Iron [[Cast iron pipe\|Spun Pipes]] in 1959.

	In 1982 it took over Shakti Pipes Ltd. at Elavur, near Chennai and also started making Gray Cast Iron Spun Pipes there.<ref>{{Cite news\|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/electrosteel-group-a-steel-project-that-became-a-pipe-dream/articleshow/49696024.cms\|title=Electrosteel Group: A steel project that became a pipe dream\|last=Mazumdar\|first=Rakhi\|date=2015-11-07\|work=The Economic Times\|access-date=2018-09-03}}</ref>		In 1982 it took over Shakti Pipes Ltd. at Elavur, near Chennai and also started making Gray Cast Iron Spun Pipes there.<ref name=":0">{{Cite news\|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/electrosteel-group-a-steel-project-that-became-a-pipe-dream/articleshow/49696024.cms\|title=Electrosteel Group: A steel project that became a pipe dream\|last=Mazumdar\|first=Rakhi\|date=2015-11-07\|work=The Economic Times\|access-date=2018-09-03}}</ref>

			In 1994, it established the first Ductile Iron Spun Pipe unit of the Indian sub-continent at [[Khardaha\|Khardah]]. Within a few years, it received good acceptability among water engineers and the capacity was expanded to 0.28 million ton per annum.<ref name=":0" /> It subsequently started manufacturing Ductile Iron Fittings at Khardah in 2001.

			In 2005, it also established a coke oven, a sponge iron plant and a power plant at Haldia, as a part of its backward integration drive.<ref>{{Cite web \|date=2004-02-17 \|title=Electrosteel to set up steel plant near Kolkata \|url=https://www.business-standard.com/article/companies/electrosteel-to-set-up-steel-plant-near-kolkata-104021701021_1.html \|access-date=2023-06-06 \|website=Business_Standard \|language=en-US}}</ref>

	~~In 1994, it established the first Ductile Iron Spun Pipe unit~~ of ~~the Indian sub-continent at~~ [[~~Khardaha~~\|~~Khardah~~]]~~. Within a few years~~, ~~it received good acceptability among water engineers~~ and ~~the capacity was expanded to [https~~:/~~/economictimes.indiatimes.com/industry/indl-goods/svs/steel/electrosteel-group-a-steel-project-that-became-a-pipe-dream/articleshow/49696024.cms 0.28 million Ton per annum~~]~~. It subsequently started manufacturing Ductile Iron Fittings at Khardah~~ in ~~2001~~.		== International operations ==
			About 50% of [[Ductile iron pipe\|Ductile Iron Pipes]] and Fittings produced by Electrosteel is exported to various countries in Europe, USA, South America, South East Asia, Middle East, North and South African Countries.<ref name=":0" /> A number of overseas offices and [[subsidiary companies]] have been established in France, Spain, United Kingdom, United States, Singapore and [[Algeria]].

	~~In 2005~~, ~~it also established~~ a ~~coke oven~~, ~~a sponge iron plant~~ and ~~a power plant at Haldia, as a part~~ of ~~its backward integration drive~~.		Electrosteel Castings <ref>https://www.electrosteel.com/document/23254851-Board-Meeting-Outcome-31-July-%202024.pdf {{Bare URL PDF\|date=August 2025}}</ref> acquired Singardo International, a company in the water and gas sectors, to expand its market reach in Southeast Asia and leverage Singardo's<ref>https://www.electrosteel.com/document/16254784-Transcript-of-Investors-Concall-held-on-30-October-2024.pdf {{Bare URL PDF\|date=August 2025}}</ref> global sales network for sourcing and trading of industry products.<ref>https://www.business-standard.com/markets/capital-market-news/electrosteel-castings-acquires-singardo-international-124100701046_1.html {{Bare URL inline\|date=August 2025}}</ref>

	== ~~A worldwide presence~~ ==		== Financials ==
	~~About 50%~~ of ~~[[Ductile iron pipe\|Ductile Iron Pipes]] and Fittings produced by Electrosteel is exported~~ to ~~various countries in [https://economictimes~~.~~indiatimes~~.~~com/industry/indl-goods/svs/steel/electrosteel-group-a-steel-project-that-became-a-pipe-dream/articleshow/49696024~~.~~cms Europe, USA, South America, South East Asia, Middle East], [https://economictimes~~.~~indiatimes~~.~~com/industry/indl-goods/svs/steel/electrosteel-group-a-steel-project-that-became-a-pipe-dream/articleshow/49696024~~.~~cms North and South African Countries~~.~~] A number of overseas offices and [[subsidiary companies]] have been established in [[France]], [[Spain]]~~, ~~[[United Kingdom]], [[United States]], [[Singapore]] and [[Algeria]]~~.		Electrosteel reported a total income of Rs.7360.42 crores during the financial year ended March 31, 2023 as compared to Rs.5336.70 crores during the financial year ended March 31, 2022. The company has posted net profit of Rs.315.8022 crores for the financial year ended March 31, 2023 as against net profit of Rs.347.2773 crores for the financial year ended March 31, 2022.<ref name="Revenue" />

	== Accreditations ==		== Accreditations ==
	Electrosteel produces ductile iron pipes and fittings as per the international benchmark and its quality is approved in various countries. The Company obtained KITEMARK License from the British Standards Institute (~~“BSI”~~) for its DI Spun Pipes and Fittings.<ref name=et>[https://economictimes.indiatimes.com/electrosteel-steels-ltd/infocompanyhistory/companyid-32354.cms History \| Information - The Economic Times]</ref> In addition, it received accreditations from Germany, BSI (UK) and various governmental approvals in the Middle East. It also secured approvals from NSF, UL and FM from USA and ACS/NF from France. Its products are also certified by the [[Drinking Water Inspectorate]] (DWI) and the Water Regulation Advisory Scheme (WRAS) in the UK.<ref name=et />		Electrosteel produces ductile iron pipes and fittings as per the international benchmark and its quality is approved in various countries. The Company obtained KITEMARK License from the British Standards Institute ("BSI") for its DI Spun Pipes and Fittings.<ref name=et>[https://economictimes.indiatimes.com/electrosteel-steels-ltd/infocompanyhistory/companyid-32354.cms History \| Information - The Economic Times]</ref> In addition, it received accreditations from Germany, BSI (UK) and various governmental approvals in the Middle East. It also secured approvals from NSF, UL and FM from USA and ACS/NF from France. Its products are also certified by the [[Drinking Water Inspectorate]] (DWI) and the Water Regulation Advisory Scheme (WRAS) in the UK.<ref name=et />

	Electrosteel is an [[ISO 9000\|ISO 9001]] and [[ISO 14000\|ISO 14001]] certified organization and has [[SA8000]] certification as a [[Corporate social responsibility\|socially responsible]] organization.		Electrosteel is an [[ISO 9000\|ISO 9001]] and [[ISO 14000\|ISO 14001]] certified organization and has [[SA8000]] certification as a [[Corporate social responsibility\|socially responsible]] organization.
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	[[Category:Manufacturing companies based in Kolkata]]		[[Category:Manufacturing companies based in Kolkata]]
	[[Category:Companies listed on the Bombay Stock Exchange]]		[[Category:Companies listed on the Bombay Stock Exchange]]
			[[Category:Companies listed on the National Stock Exchange of India]]
	[[Category:Indian companies established in 1955]]		[[Category:Indian companies established in 1955]]
	[[Category:1955 establishments in West Bengal]]		[[Category:1955 establishments in West Bengal]]
	[[Category:Manufacturing companies established in 1955]]		[[Category:Manufacturing companies established in 1955]]

imported>BrownHairedGirl: added Category:Manufacturing companies established in 1955 using HotCat

2021-04-25T13:47:15Z

added Category:Manufacturing companies established in 1955 using HotCat

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'''Electrosteel Castings Limited''' is a Company based in [[Kolkata]], [[India]].

It is one of the largest manufacturers of [[Ductile iron pipe|Ductile Iron (DI) Pipes]] in the Indian sub-continent, having a production capacity of 280,000 MT per annum.<ref>{{Cite web|url=https://economictimes.indiatimes.com/electrosteel-steels-ltd/directorsreport/companyid-32354.cms|title=Directors Report | Director Details - The Economic Times|website=economictimes.indiatimes.com}}</ref> The present turnover of the company is US$277 Million.<ref>{{Cite web|url=https://economictimes.indiatimes.com/electrosteel-steels-ltd/directorsreport/companyid-32354.cms|title=Electrosteel Steels Directors Report {{!}} Electrosteel Steels Director Details - The Economic Times|website=economictimes.indiatimes.com|access-date=2018-09-03}}</ref><ref>{{cite web | url = http://www.electrosteel.com/ | title = Electrosteel | publisher = ECL | accessdate = 16 July 2018}}</ref> Electrosteel was the pioneer in setting up a Ductile Iron Spun Pipe Plant in India in 1994 and is among the five largest producers of Spun Iron pipes in the world<ref>{{Cite news|url=http://www.businessworld.in/article/Electrosteel-Steels-Nerves-Of-Steel/16-03-2016-91999/|title=Electrosteel Steels: Nerves Of Steel|last=Behura|first=Monica|date=2016-03-16|work=Business World|access-date=2018-09-03}}</ref><ref>{{Cite web|url=http://businessworld.in/article/Electrosteel-Steels-Nerves-Of-Steel/16-03-2016-91999|title=Electrosteel Steels: Nerves Of Steel|first=Monica|last=Behura|website=BW Businessworld}}</ref>

==History ==
In 1955, Electrosteel established a Steel Foundry at [[Khardaha|Khardah]], near [[Kolkata]], West Bengal. Subsequently, it started manufacturing Gray Cast Iron [[Cast iron pipe|Spun Pipes]] in 1959.

In 1982 it took over Shakti Pipes Ltd. at Elavur, near Chennai and also started making Gray Cast Iron Spun Pipes there.<ref>{{Cite news|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/electrosteel-group-a-steel-project-that-became-a-pipe-dream/articleshow/49696024.cms|title=Electrosteel Group: A steel project that became a pipe dream|last=Mazumdar|first=Rakhi|date=2015-11-07|work=The Economic Times|access-date=2018-09-03}}</ref>

In 1994, it established the first Ductile Iron Spun Pipe unit of the Indian sub-continent at [[Khardaha|Khardah]]. Within a few years, it received good acceptability among water engineers and the capacity was expanded to [https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/electrosteel-group-a-steel-project-that-became-a-pipe-dream/articleshow/49696024.cms 0.28 million Ton per annum]. It subsequently started manufacturing Ductile Iron Fittings at Khardah in 2001.

In 2005, it also established a coke oven, a sponge iron plant and a power plant at Haldia, as a part of its backward integration drive.

== A worldwide presence ==
About 50% of [[Ductile iron pipe|Ductile Iron Pipes]] and Fittings produced by Electrosteel is exported to various countries in [https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/electrosteel-group-a-steel-project-that-became-a-pipe-dream/articleshow/49696024.cms Europe, USA, South America, South East Asia, Middle East], [https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/electrosteel-group-a-steel-project-that-became-a-pipe-dream/articleshow/49696024.cms North and South African Countries.] A number of overseas offices and [[subsidiary companies]] have been established in [[France]], [[Spain]], [[United Kingdom]], [[United States]], [[Singapore]] and [[Algeria]].

== Accreditations ==
Electrosteel produces ductile iron pipes and fittings as per the international benchmark and its quality is approved in various countries. The Company obtained KITEMARK License from the British Standards Institute (“BSI”) for its DI Spun Pipes and Fittings.<ref name=et>[https://economictimes.indiatimes.com/electrosteel-steels-ltd/infocompanyhistory/companyid-32354.cms History | Information - The Economic Times]</ref> In addition, it received accreditations from Germany, BSI (UK) and various governmental approvals in the Middle East. It also secured approvals from NSF, UL and FM from USA and ACS/NF from France. Its products are also certified by the [[Drinking Water Inspectorate]] (DWI) and the Water Regulation Advisory Scheme (WRAS) in the UK.<ref name=et />

Electrosteel is an [[ISO 9000|ISO 9001]] and [[ISO 14000|ISO 14001]] certified organization and has [[SA8000]] certification as a [[Corporate social responsibility|socially responsible]] organization.

==References==
{{Reflist}}

[[Category:Manufacturing companies based in Kolkata]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Indian companies established in 1955]]
[[Category:1955 establishments in West Bengal]]
[[Category:Manufacturing companies established in 1955]]