Electrosteel Castings was started off as a Cast Iron Pipe manufacturing facility, now has metamorphosed into a true Indian multinational, spanning some continents and many countries across the globe. It has been creating industry benchmarks by delivering internationally accredited superior quality Ductile Iron Pipes and Fittings. The manufacturing activities of the company are spread over different locations situated in India. The company caters to the needs of Water Infrastructure Development.
The company serves a diverse customer base encompassing companies in the infrastructure and industrial sectors. The company supplies ductile iron pipes and fittings to major turnkey contractors like L&T, Megha Engineering, and NCC. It also directly supplies to state government departments such as PHED/Water supply, as well as to the private contractors catering to semi-government agencies.
The company is a public limited company in India having its corporate office in Kolkata in the State of West Bengal and registered office at Rajgangpur, Sundergarh in the State of Odisha. The company’s shares are listed on National Stock Exchange of India and BSE.
Business area of the company
The company is engaged in the manufacture and supply of Ductile Iron (DI) Pipes, Ductile Iron Fittings (DIF) and Cast Iron (CI) Pipes as its core business and also produces Pig Iron, Metallurgical Coke, Sponge Iron, Sinter, Cement, Ferro products, along with the same.
Products
- Ductile Iron Pipes
- Ductile Iron Fittings
- Ductile Iron Flange Pipes
- Restrained Joint Pipes
- Cement
- Ferro Alloys
Awards and recognitions
- 2020: Honoured with the release of a Special Postal Stamp and Cover on the occasion of pioneering DI Pipes in India. The approval for this came from the PMO, via the Chief Postmaster General.
- 2021: Won two prestigious award at the World HRD Congress on the of February 16, 2021 - Best Employer Brand Award, 2020.
- 2021: Won a SILVER at the prestigious 'Excellence in Safety, Health and Environment (SHE) Awards', given by the State Productivity Council – West Bengal.
- 2022: The Economic Times recognised the company as a 'Sustainable Organisation For Adapting Valuable Sustainable Initiatives', at the 'Global Sustainability Congress - Recognizing Excellence in a Sustainable World'.
- 2023: Electrosteel Castings has been conferred the 'Iconic Brands of India 2023' Award, by ET Edge, an Economic Times/Times Group initiative.
- 2024: Electrosteel has been recognized at the 3.0 Technology Excellence Awards 2024 in Bengaluru for AI-driven PPE detection system, developed in-house.
Milestones
- 1994: Set up 60000 TPA Ductile Iron Pipe Plant at Khardah near Kolkata, the first ever in India
- 1995: Accredited with ISO 9002 from Indian Register Quality System an Accredited body of Raad Voor de Certificate of Netherlands for ductile Iron pipes.
- 1996: The Company obtained Kitemark license from British Standard Institute (BSI) for its Dl pipes as per ISO 2531, BS EN 545, BS EN 598.The Company commissioned its own mini-blast furnace with matching capacity for better quality control.
- 1999: The Company received the ISO-9002 accreditation from BSI for Dl pipes and fittings.
- 2000: The Company increased its capacity to 120,000 TPA for Dl pipes.The Company obtained Kitemark license from BSI, UK for Dl fittings made at its facilities in Elavur, Chennai as per ISO 2531, BS EN 545, and BS EN 598.
- 2001: The Company scaled its Dl pipe capacity from 120,000 TPA to 150,000 TPA. Mini Blast Furnace capacity increased from 1,09,000 TPA to 2,00,000 TPA.
- 2002: The Company acquired 46% stake in Lanco Industries Limited in March 2002, which is involved in manufacturing of DI Pipes, Pig Iron, Cement and Castings.
- 2003: The Company increased its Dl pipe manufacturing capacity from 1,50,000 TPA to 200,000 TPA. The Company also received BSI Kitemark license for Dl Fittings at Khardah works, West Bengal.
- 2005: The Company raised USD 40 Million through the issue of Global Depository Receipts (GDRs) in October 2005 and become the first Indian Company to be listed on Professional Securities Market (PSM) of the London Stock Exchange (LSE) in addition to being the first Company to issue GDRs on the PSM. The Company was accorded Three Star Export House by the JDGFT, Ministry of Commerce and Industry of the Government of India.
- 2006: The Company increased its Dl pipe manufacturing capacity from 2,00,000 TPA to 2,50,000 TPA and commissioned Coke Oven Plant at Haldia. The Company commissioned 12 MW Power Plant & 30,000 TPA second Kiln Sponge Iron Plant at Haldia. Mini Blast Furnace capacity increased from 2,00,000 TPA to 2,35,000 TPA. The Company successfully commissioned Pulverized Coal Injection System in Blast Furnace and Stamp. Charging System in Coke Oven Plant at Haldia, which enhanced operational efficiency. The company has been allotted an Iron ore mine at Kodolibad, Jharkhand and a non coking coal mine in joint venture at North Dhadhu.
- 2007: Implemented SAP ERP system hosted in state of the art 1000 square feet Data center connecting all manufacturing plants and sales offices across Indian Geography supporting 350 user base to enable supply chain of the Company.
- 2008: Tied up US$ 77.50 mn through ECB, commissioned 360,000 TPA sinter plant at Khardah and commissioned a 75,000 TPA coke oven battery at Haldia.
- 2009: Commissioned fourth coke oven battery resulting in additional capacity of 70,000 TPA of coke, taking the total capacity enhanced to 280,000 TPA and 250,000 TPA respectively
- 2019: Starts commercial production at Ferro Alloy Plant in West Bengal
- 2020: PFIZER has chosen Electrosteel DI pipes in the race to develop the first vaccine against Covid19. The production site of the pharmaceutical company Pfizer located in Puurs, Antwerp, Belgium, is one of the sites where the mRNA vaccine candidate against SARS-CoV-2 was discovered with its partner BioNTech.
- 2020: CCI approves amalgamation of Srikalahasthi Pipes with Electrosteel Castings
- 2021: Electrosteel Castings is honoured to have received this Testimonial from the Office of the Engineer-in-Chief, Water Resources Department, Government of Manipur.
- 2024: Electrosteel partnered with the Daamini initiative, with its Whole-Time Director, Nityangi Kejriwal Jaiswal, leading the charge as a nominated mentor.