Electrosteel Steels Ltd

What Electrosteel Steels Ltd does

Electrosteel Castings Limited is an Indian publicly listed manufacturer of Ductile Iron (DI) Pipes and Fittings, founded in 1955 and headquartered in Kolkata. It operates as the largest producer of DI Pipes in the Indian subcontinent and the third largest globally, with a combined production capacity of 700,000 TPA across five integrated manufacturing facilities at Khardah, Srikalahasthi, Haldia, Bansberia, and Elavur. The company's product portfolio spans DI Pipes in DN80-DN1200 sizes, DI Fittings, DI Flange Pipes, Restrained Joint Pipes (including the proprietary Electrolock boltless joint system for trenchless HDD installation), and Cast Iron Spun Pipes, alongside backward-integrated by-products (pig iron, sponge iron, metallurgical coke, ferro alloys, and SPL Gold cement). Key technical differentiators include a patented Zinc Aluminium alloy coating, Electropur polyurethane coating, and Electrotuff ceramic epoxy lining.

The company sells to government water utilities, municipal corporations, industrial wastewater operators, and infrastructure project contractors, primarily through a B2B enterprise field sales motion. Distribution is operated directly via 9 Indian regional offices and 10 wholly-owned international subsidiaries (USA, UK, France, Spain, Italy, Germany, UAE, Qatar, Bahrain, Algeria) supported by stockyards in key markets. Pricing is quote-based and not publicly disclosed. Customers include ISRO, BMW Germany, the Indian Army, Singapore's Changi Water Reclamation Plant, and South African municipal projects, with documented exports to 130+ countries across five continents.

The company is family-controlled by the Kejriwal family, with Umang Kejriwal as Managing Director and Mayank Kejriwal as Joint Managing Director. Capital structure history includes a USD 40 million GDR issue (first Indian company listed on the LSE Professional Securities Market) in 2005 and USD 277.5 million in External Commercial Borrowings across 2007-2008 to fund capacity expansion. In 2022, Srikalahasthi Pipes Limited was merged into Electrosteel Castings, materially expanding integrated capacity.

Name

Electrosteel Steels Ltd

Legal name

Electrosteel Castings Limited

Website

https://electrosteel.com

Company type

Public

Founded year

1955

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Electrosteel Castings Limited is an Indian publicly listed manufacturer and the largest producer in the Indian subcontinent of Ductile Iron Pipes and Fittings, serving government water utilities, municipal corporations, and industrial infrastructure clients across 130+ countries from five integrated manufacturing facilities.

Ownership category

akta.pro rank

Headquarters

HQ city

Kolkata

HQ country

India

HQ region

Asia

Offices12 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Ductile Iron Pipes: Core product line - Ductile Iron Pipes for water transmission, distribution, and industrial applications. Manufactured in sizes DN80 to DN1200. Main revenue driver representing India's largest DI pipe production capacity.
2. Ductile Iron Fittings: Complete range of DI fittings including push-on joint, flanged, mechanical joint, and restrained joint fittings (DN80-DN1200) for water and sewerage applications.
3. Ductile Iron Flange Pipes and Restrained Joint Pipes: Specialized pipes with flange ends for overground installations and restrained joint systems for trenchless applications.
4. Cast Iron Spun Pipes: Cast iron spun pipes manufactured at Elavur facility for specific water supply works, sewerage pumping mains, and ash slurry handling applications.
5. Steel/Alloy Products (Pig Iron, Sponge Iron, Metallurgical Coke, Ferro Alloys): Backward integrated products including pig iron (525,000 MT/year), sponge iron (60,000 MT/year), metallurgical coke (520,000 TPA combined), ferro silicon (16,000 MTPA), and silico manganese ferro alloy (16,000 TPA). Majority consumed captively with surplus sold in market.
6. SPL Gold Cement: Portland slag cement (200,000 MT/year) utilizing blast furnace slag, sold under SPL Gold brand for construction applications.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Electrosteel manufactures Ductile Iron (DI) Pipes and Fittings in sizes DN80 to DN1200 for water transmission, distribution, sewerage, and industrial applications. The product range includes push-on joint pipes, flange pipes, restrained joint pipes with the proprietary Electrolock boltless system, and various fittings, backed by internal cement mortar lining and external zinc, polyurethane, or epoxy coatings. The company also produces cast iron spun pipes, metallurgical coke, pig iron, sponge iron, ferro silicon, ferro alloys, and Portland slag cement through backward integration.

Product overview

Electrosteel Castings Limited operates as a manufacturer of water infrastructure products, primarily Ductile Iron (DI) Pipes and Fittings. The core product portfolio includes Ductile Iron Pipes in DN 80-1200mm range, Ductile Iron Fittings, Ductile Iron Flange Pipes, and Restrained Joint Pipes featuring the proprietary Electrolock boltless joint system for trenchless applications. Supporting the main manufacturing operations, the company also produces Cast Iron Pipes, Metallurgical Coke, Sponge Iron (DRI), Silico Manganese Ferro Alloy, SPL Gold Cement, Ferro Silicon, and Pig Iron through backward integration. The company operates five manufacturing facilities across India with a total DI pipe production capacity of 700,000 TPA, exporting to over 130 countries.

Differentiator

Problem solved

Functional benefit

Brands

• SPL Gold Cement: Portland slag cement brand manufactured by Electrosteel Castings Limited from slag generated from the Company's mini blast furnace.
• Electrolock
• Electropur
• ExpressLock

Products and services

• Ductile Iron Pipes Ductile Iron Pipes manufactured to international standards (IS 8329 / IS 9523, ISO 2531 / ISO 7186, EN 545 / EN 598, AWWA C151), available in DN 80-1200 mm range with various pressure and thickness classes, with internal cement mortar lining and external zinc or coating protection. Used for water transmission, distribution, and industrial applications by water utilities, municipalities, and industrial customers.
• Ductile Iron Fittings DI Fittings produced in DN 80 mm to DN 1200 mm range per ISO 2531 / EN 545, ISO 7186 / EN 598, IS 9523, and AWWA C110 standards. Available as push-on joint socketed, flanged, rotating flange, mechanical joint (regular and express type), and restrained joint fittings for water and sewerage applications.
• Ductile Iron Flange Pipes Flange pipes designed for overground installations where stability is required, providing secure and watertight performance for water infrastructure applications.
• Restrained Joint Pipes (Electrolock) Special restrained joint system (Electrolock Joint) which is boltless and designed for trenchless laying applications, eliminating the need for concrete anchor blocks and enabling installation via Horizontal Directional Drilling (HDD).
• Cast Iron Pipes Cast iron spun pipe manufactured at Elavur unit per IS:1536, suitable for water supply works, sewerage pumping mains, old cast iron pipe replacement works, and ash slurry handling. Elavur unit is the largest producer of cast iron spun pipes in India.
• Metallurgical Coke Low Ash Metallurgical Coke produced at Haldia plant (240,000 TPA) and Srikalahasthi Works (280,000 TPA), primarily consumed captively in blast furnaces with excess sold in the market.
• Sponge Iron (DRI) Direct Reduced Iron produced at Haldia plant with two 100 TPD rotary kilns (60,000 MT/Year capacity), suitable for ductile iron pipe and steel making processes. Majority used captively with balance sold domestically.
• Silico Manganese Ferro Alloy Ferro alloy manufactured at Haldia with 16,000 TPA capacity, suitable for steel making and serving both domestic and export markets.
• SPL Gold Cement Portland slag cement produced at 200,000 MT/Annum capacity, conforming to IS 455:2015, IS 12330, and IS 269 standards. Produced using slag from the company's mini blast furnace.
• Ferro Silicon Ferro Silicon produced using 2x9 MVA Submerged Arc Furnace in 70-75% and 60-65% grades per IS 1110, with 16,000 MTPA capacity. BIS license obtained as per Ministry of Steel requirements.
• Pig Iron Basic and foundry grade pig iron produced from 450M3 Mini Blast Furnace with 525,000 MT hot metal capacity, serving automotive industries and CI/SG iron foundries.
• Valves Valves product line for water infrastructure applications, complementary to the DI pipe and fittings product range.

Quantifiable outcome

• Pipes manufactured would circle the Earth more than 5 times - demonstrating massive cumulative production volume over 60+ years.
• +1 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature5 records

Partnerships

Three partnerships are on record, tiered minor and core.

• Daamini FoundationminorStrategic or Co-development Partner · 4 September 2024Electrosteel partnered with Daamini Foundation's 'Daamini Supports - HER Enterprise' initiative to foster women entrepreneurs. Whole-Time Director Mrs. Nityangi Kejriwal Jaiswal leads as nominated mentor, championing women entrepreneurs who are driving change.
• CII Water InstitutecoreGTM or Marketing PartnerElectrosteel is a Platinum member of CII Water Institute and sponsors sessions at annual Water Innovation Summit, positioning the company as a thought leader in water infrastructure sector.
• MECON (Metallurgical & Engineering Consultants)minorStrategic or Co-development PartnerMECON, a Government of India enterprise, selected Electrosteel as the supplier of DI Pipes for ISRO's Second Launch Pad fire-fighting system at Satish Dhawan Space Centre, Sriharikota.

Scale indicators7 records

Recent moves11 records

Expansion highlights5 records

Market position

Weaknesses5 records

Competitive moat5 records

Customer concentration

• Xtwitter.com/ElectrosteelG?s=09
• YouTubeyoutube.com/@electrosteelgroupofficial9185
• Facebookfacebook.com/ElectrosteelGroup
• LinkedInlinkedin.com/company/18119245
• Instagraminstagram.com/electrosteel_group/?hl=en

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Subsidiaries10 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Electrosteel Steels Ltd