Anugraha Valve Castings Ltd
Coimbatore foundry supplying carbon, alloy and stainless-steel valve and pump castings to global flow-control OEMs, with most revenue from exports.
Market cap
₹460 Cr
0.80 Cr shares
P/E ratio
10.22
Sector average 30
Book value
₹337.50
P/B 1.70
1-year return
-2.93%
52w ₹460 – ₹719
Currently 44% of the way through its 52-week range.
Indicative price history
1Y change
-4.27% ₹601 → ₹575
52-week band in this window: ₹527.53 – ₹603.01. Weekly indicative marks, not exchange-traded prices.
Key highlights
- Export-oriented valve-casting foundry in the Coimbatore cluster with approvals from global OEMs.
- Revenue estimated near ₹480 Cr in FY25 with low debt.
- Unlisted quote ₹575 implies about ₹460 Cr equity value.
About Anugraha
Anugraha Valve Castings Ltd is a Coimbatore-based steel foundry that makes castings for industrial valves, pumps and flow-control equipment. It produces carbon-steel, low-alloy, stainless and duplex castings through no-bake sand moulding and shell processes, with in-house machining, heat treatment and NDT, and holds approvals from major valve makers and oil and gas end users. The bulk of output is exported to valve OEMs in North America, Europe and the Middle East, with the balance sold to Indian valve and pump manufacturers.
The company was set up in the early 1990s by Coimbatore entrepreneurs in the city's foundry cluster and has grown into one of India's larger export-oriented valve-casting specialists, with multiple plants around Coimbatore and a rising share of machined, ready-to-assemble components. Demand tracks global energy, petrochemical and water-infrastructure capex, which has been strong since 2022.
The unlisted quote of ₹575 on an estimated 0.8 Cr shares of ₹10 values the company at roughly ₹460 Cr, a moderate multiple of estimated earnings for a niche exporter with modest debt.
All figures here are indicative: share count, revenue, profit and balance-sheet items are reconstructed from remembered reported totals and dealer commentary and could not be re-verified at the time of writing; treat every line item as approximate.
Where the revenue comes from
- Export valve castings70%
Carbon, alloy and stainless castings for overseas valve OEMs
- Domestic valve & pump castings22%
Indian valve, pump and engineering customers
- Machined components & other8%
Fully machined assemblies and scrap sales
Products & services
Carbon and low-alloy steel castings
Valve bodies, bonnets and discs to ASTM A216/A217 grades.
Stainless and duplex castings
Corrosion-resistant castings for chemical, marine and offshore valves.
Machined valve components
Fully machined, pressure-tested assemblies ready for OEM assembly.
What works
- • Long-standing approvals with global valve OEMs and end-user specifications that are costly for new entrants to obtain.
- • Export-heavy revenue with dollar and euro billing, and a move up the value chain into machined castings.
- • Located in the Coimbatore foundry cluster with skilled labour and supplier depth; conservative balance sheet.
What to watch
- • Cyclical end markets — oil and gas, petrochemicals and process industries — drive order swings.
- • Energy and scrap-steel costs, plus foundry emission norms, pressure margins; currency moves affect export realisations.
- • Closely held with limited public disclosure; unlisted trades are infrequent.