Company Magna Electro Castings Limited

Equities

MAGNAELQ6

INE437D01010

Iron & Steel

Delayed Bombay S.E. 02:41:41 14/05/2024 pm IST 5-day change 1st Jan Change
453.8 INR +1.97% Intraday chart for Magna Electro Castings Limited -1.12% -5.37%

Business Summary

Magna Electro Castings Limited is engaged in the manufacturing and selling of cast iron components. The Company is engaged in the manufacture and sales of Spheroidal graphite (SG) ductile iron and grey iron castings. The Company caters to both domestic and international markets. The Company operates through two segments: Manufacture and Sale of Castings Division-Foundry division, and Wind Energy division. The Company's products include bearing cap, valves valve bodies, frame head, linear yoke, pedestal and push rod. The Company also produces fully machined components, utilizing its in-house CNC machine shop and other facilities. The Company's wind energy division has four factories, such as Wind mill 1 located at Andhiyur Village, Pollachi Taluk, Wind mills 2 located at Ganapathipalayam village, Pollachi Taluk, Wind mill 3 located at Kolumamkondan, Pushpathur, Palani Taluk and Wind mill 4 located at Thotathurai, Palani Taluk. Its factory is located at Coimbatore District.

Number of employees: 235

Sales per Business

INR in Million2022Weight2023Weight Delta
Foundry
100.0 %
1,350 100.0 % 1,646 100.0 % +21.93%

Sales per region

INR in Million2022Weight2023Weight Delta
India
100.0 %
734 55.2 % 1,646 100.0 % +124.27%

Managers

Managers TitleAgeSince
Chief Executive Officer 69 22/90/22
Director of Finance/CFO 66 01/04/01
Compliance Officer - 01/11
Director/Board Member 52 17/11/17
Human Resources Officer 57 17/94/17
Sales & Marketing 54 22/94/22

Members of the board

Members of the board TitleAgeSince
Director/Board Member 63 28/04/28
Director/Board Member 61 27/03/27
Director/Board Member 71 22/90/22
Chief Executive Officer 69 22/90/22
Director/Board Member 68 19/01/19
Director/Board Member - 30/23/30
Director/Board Member 68 30/23/30
Director/Board Member 55 31/22/31
Director/Board Member 52 17/11/17

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 4,232,100 1,805,231 ( 42.66 %) 0 42.66 %

Company contact information

Magna Electro Castings Ltd.

43, (Old No.62) Balasundaram Road

641018, Coimbatore

+91 42 2224 0109

http://www.magnacast.com
address Magna Electro Castings Limited(MAGNAELQ6)
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