### **Overview** Simplex Castings Limited (SCL) is a 60-year-old, integrated heavy engineering and precision casting company transitioning into a future-ready industrial enterprise through its strategic "Simplex 2.0" initiative. Headquartered in Mumbai, with manufacturing operations centered in Bhilai and Rajnandgaon, Chhattisgarh, SCL has evolved from a traditional foundry into a full-service provider for high-value industrial components across global markets. --- ### **Core Business & Capabilities** - **Integrated Manufacturing**: End-to-end in-house capabilities spanning casting (grey, alloy cast iron, stainless steel), forging, heavy fabrication (capacity >15,000 MTPA), precision machining, assembly, and turnkey EPC project execution. - **Advanced Facilities**: - Cast Iron Foundry and Steel & Alloy Foundry. - Heavy Engineering & Fabrication Plants equipped with modern CNC machines and a central machine shop. - Dedicated Design Wing with ~14 engineers and consultants enabling custom engineering solutions, reverse engineering, and import substitution. - EPC Division executing complex industrial turnkey projects. - **R&D & Innovation**: Establishing a dedicated Innovation Center to drive technological advancement and product development. --- ### **Strategic Focus & Growth Initiatives** Simplex is repositioning itself for accelerated growth through diversification, technological enhancement, and strategic market entry: 1. **Simplex 2.0 Strategy**: - Focus on **high-value precision castings**, **defence manufacturing**, and **railway infrastructure**. - Targeting **40–50% CAGR in revenue** over the next three years while maintaining a **10% PAT margin** through improved operational efficiency. 2. **Expansion into New Sectors**: - **Defence**: Executing trial orders; manufacturing over 500 defence products domestically; building precision casting capabilities for future contracts. - **Railways**: Establishing a dedicated Railway Plant; awaiting RDSO approvals to bid on government rail infrastructure projects. Already a major supplier with a track record of delivering **over 12,000 railway bogies globally**. - **Green Steel Technology**: Leading a consortium to build India’s first green hydrogen-powered **40 TPD Vertical Shaft DRI pilot plant** under the National Green Hydrogen Mission—co-developed with BSBK, Ten Eighty Investments, and IIT Bhilai. 3. **Strategic Acquisitions**: Evaluating inorganic opportunities in allied casting and engineering segments to enhance technical depth and broaden service offerings. 4. **Product Diversification**: - Launching **centrifugally cast rolls** to capture higher-margin opportunities. - Expanding production of **D.I. pipe fittings** and precision castings for water, oil & gas, and chemical sectors. - Scaling up **torpedo ladle car** production—a rare capability in India, shared only with L&T. --- ### **Market Presence & Clientele** - **Global Outreach**: Supplies to international markets; exported steel plant equipment to Russia and executed joint technology ventures in India. - **Diversified End-Sectors**: Serves **Steel, Power, Railways, Mining, Cement, Shipbuilding, Oil & Gas, Chemicals, Defence, and Infrastructure**. - **Key Clients**: Include SAIL, BHEL, GRSE, JSW, Vedanta, ONGC, Mecon, Paharpur Cooling Towers, and international firms like Beijing Shougang, Hyundai Heavy Industries, Kawasaki Steel, and Mitsui. - **Import Substitution Leader**: Proven ability to replicate imported industrial components in India, including emission-free **Zero Leak Coke Oven Doors** (developed using Japanese technology) and specialized **sinter plant castings**. --- ### **Recent Orders & Order Book Strength** As of November 2025: - **Order Book**: ₹60–70 crores quarterly; stood at ₹51.5 crores in September 2025. - **Notable Orders (2024–2025)**: - ₹250 crore order from **SAIL** for 160 sinter machine pallet assemblies (18-month execution). - ₹5.87 crore order from **SAIL-Rourkela** for 80 Zero Leak Coke Oven Doors. - ₹22.37 crore order from **Bhilai Engineering Corporation** for heavy fabricated assemblies. - ₹80.73 lakh order from **Paharpur Cooling Towers** for structural components. - These contracts validate market credibility and ensure revenue visibility, signaling growing confidence among top-tier industrial clients. --- ### **Technological Partnerships & Collaborations** - Global alliances with **Beijing Shougang, Hyundai Heavy Industries, Northern Heavy Industry, Kawasaki Steel, Tangshan Ganding, Qidong Metallurgy**, and others. - Technology partnerships with **I.P. Bardin TsNIIchermet (Russia)** to manufacture advanced metallurgical equipment for Indian and Russian steel plants (initial order worth ₹20 million). - Consortium member with **Mitsui, Kawasaki, and Hitachi Zosen** for introducing Japanese sinter plant tech in India. --- ### **Leadership & Governance** - **Promoters**: Ketan Shah (Chairman since 2015, leadership since 1993) and Sangeeta K. Shah (Managing Director), bringing decades of industry experience. - **Multi-location Presence**: Production facilities in **Bhilai, Rajnandgaon (Tedesara), and Raipur**; administrative offices in **Mumbai (registered office)** and **Kolkata**. --- ### **Financial & Operational Highlights** - **Revenue (FY 2023–24)**: ₹1,221.3 crore (+4.73% YoY vs ₹1,166.1 crore). - **Workforce**: Over 1,000 employees. - **Land Bank**: Manufacturing across >30 acres in Chhattisgarh. - **Capacity Expansion**: Commissioning of **Fifth Electric Arc Furnace (EAF-5)** to boost casting and forging capacity for large-scale and precision orders. --- ### **Key Differentiators** - **One-Stop Engineering Partner**: Uniquely positioned as a vertically integrated provider offering casting, forging, fabrication, machining, testing, design, and EPC execution under one roof. - **Rare Technical Expertise**: One of only two Indian manufacturers capable of producing **closed-type torpedo ladle cars** used in liquid metal transport in steel plants. - **Proven Project Execution**: Track record includes: - Turnkey installation of a **350 Cum mini blast furnace** in Salem. - Design and supply of a **hot rolling stackle mill** for Salem Steel Plant. - Commissioning of **slag granulation plant** for SAIL’s Bhilai unit.