Investment Overview

Anugraha Valve Castings Limited is an unlisted company operating in the Industrials sector (Industrial Components). Anugraha Valve Castings Limited manufactures stainless-steel and alloy-steel castings for global valve and pump OEMs. Operating for over two decades from South India, the company supplies castings for gate, globe, check, ball and butterfly valves serving oil and gas, power, chemicals and water indus…

Strengths

• : Three decades of operating experience in a niche area.
• : 90% of revenues are generated through exports to 30+ countries.
• : Robust upward financial expansion trends are seen in sales, EBITDA, and PAT.
• : Advanced manufacturing capability with ISO certifications – a high entry barrier for new entrants.
• : Green energy initiative – installation of 6 wind turbines (6,850 MVA) and 500 kW solar power.
• : Robust positioning to benefit from the Make in India drive and global energy infrastructure investments.

Key Risks

• High Material Costs: Raw materials consume 77–80% of total revenue, impacting profitability.
• Fluctuating Margins: Gross margins vary between 22–25%, with OPM improving from 2% (2022) to 9.6% (2024).
• Rising Borrowings: Borrowings increased from ₹54 crore (2022) to ₹85 crore (2024), leading to higher finance costs.

Valuation View

The current unlisted market price is ₹549.45 per share with a market capitalisation of approximately ₹196 crore. The company is currently unlisted and investors should factor in illiquidity risk and longer holding horizons. Investors are advised to review the full financial data and consult an advisor before investing.