Thaai Casting Ltd. – Company Report
1. Company Overview
Thaai Casting Ltd., established in 2011 and headquartered near Sriperumbudur, Tamil Nadu, is a prominent automotive ancillary company specializing in high-pressure die casting, precision machining of ferrous and non-ferrous materials, and advanced heat treatment processes. Certified under IATF 16949:2016, the company has developed a solid reputation over more than a decade for delivering durable, high-quality metal castings to the automotive, industrial, and renewable energy sectors. Thaai Casting operates a state-of-the-art manufacturing facility with an installed high-pressure die casting capacity of 2,500 metric tonnes and a skilled team of over 130 employees. The company collaborates actively with leading vehicle OEMs and Tier-1 suppliers, supporting custom and large-volume requirements with a commitment to continuous quality improvements.
- Incorporated: 2011
- Headquarters: Sriperumbudur, Tamil Nadu, India
- Certifications: IATF 16949:2016
- Key People: Managing Director – S. Anandan
- Employees: ~130
- Facility: 2,500 TPA installed die casting capacity
- Business Verticals: High-pressure die casting, ferrous/non-ferrous machining, induction heating & quenching
- Client Base: 50+ customers—leading Indian and foreign OEMs, Tier-1 suppliers
2. Products and Services
Thaai Casting Ltd.’s offerings span key automotive and industrial components, including:
High-Pressure Die Castings: Structural and critical safety parts, engine mounting brackets, transmission mounts, fork shift and housing, gear shifter components, steering wheel armatures, and electrical connector housings
Precision Machining: Complex-machined components for passenger, commercial, and off-road vehicles, as well as non-automotive sectors
Induction Heating & Quenching: Advanced material property enhancements for durability and performance
Die Making & New Product Development: In-house toolroom for die making and rapid prototyping/custom product development
Aftermarket & Value-Added Services: Gas nitriding, gear shaping, and component finishing; supporting OEM and aftermarket requirements
Sectors Served: Automotive (cars, tractors, CVs), industrial machinery, renewable energy equipment, electronics
3. Recent News and Financial Performance
Business Developments
New Domestic Orders:
- June 2, 2025: Thaai Casting Limited has recently secured two significant domestic work orders totaling approximately ₹140 crores. Specifically, these orders are for the supply of various automotive and non-automotive products, valued at approximately ₹126.53 crores and ₹12.43 crores. These contracts are slated for execution over the next 60 to 80 months.
- November 6, 2024: Thaai Casting Ltd bagged a prestigious work order worth Rs 154 crore for the supply of various automotive & non-automative products.
Operational Upgrades and Expansion Efforts (July 2025): In die casting, capacity is increasing from 2,500 MT to 4,500 MT with the addition of a new 1,300-ton machine, capable of handling parts up to 10 kg. In nitriding, it currently operates one commercial furnace and is validating two more. Each furnace can generate around Rs. 35 lakhs per month. Three additional furnaces are planned by January 2026. For gear shaping in wind energy, the company is investing Rs. 100 crores, including an air-conditioned facility, with expected annual service revenue of Rs. 40–45 crores, without raw material inventory.
Expanded Order Book: These new contracts have boosted the company's total order book to ₹386.83 crores, signaling robust demand and steady growth in market share.
4. Financial Performance (FY2024)
| Metric | FY2024 Value |
|---|---|
| Revenue from Operations | ₹122 crore |
| Profit After Tax (PAT) | ₹12.1 crore |
| Operating Profit Margin | 24% |
| Net Profit Margin | 10% |
| EPS | ₹4.78 |
| Dividend | No payout; reinvestment for expansion |