What Shivalik Engineering Industries does

Shivalik Engineering Industries Ltd is an India-headquartered precision iron casting manufacturer founded in 2007, operating three manufacturing facilities in Chhattisgarh (Bhilai and Mahasamund) covering an integrated grey iron foundry, SG iron (ductile iron) foundry, CNC machine shop, and high-pressure moulding line (HPML). The company's core technology stack combines ferrous metallurgy (grey iron and ductile/SG iron), high-pressure moulding for repeatable volume production, CNC machining for finished dimensional tolerances, and in-house design engineering using SOLIDWORKS, DraftSight, Magma casting simulation, and reverse engineering via 3D scanning. Quality assurance is supported by 3D CNC CMM, Spectro-lab Germany optical emission spectrometry, magnetic particle inspection for crack detection, and mechanical testing rigs. The facility is certified to IATF 16949:2016 (automotive QMS), ISO 9001:2015, ISO 14001, ISO 45001, FM, and ISI Mark standards.

The company sells precision cast and machined components — primarily brake drums, wheel hubs, axle and drivetrain housings, transmission parts, railway couplings and wheels, and ductile iron pipe fittings — to enterprise OEMs under negotiated contracts rather than through a catalog or self-serve motion. Its customer base of 35+ named OEMs spans commercial vehicle OEMs (Daimler, Tata Motors, Ashok Leyland, Volvo Eicher, BharatBenz, VE Commercial Vehicles, Navistar), tier-1 component suppliers (Meritor, American Axle & Manufacturing, Dana, Automotive Axles, Hendrickson, Gunite, Timken), agricultural equipment manufacturers (Mahindra & Mahindra, CNH Industrial, TAFE, Sonalika, Escorts Kubota), railway operators (Indian Railways, DMRC), and off-highway/water infrastructure customers (Caterpillar, NBC Bearings, Star Pipe Fittings, Conmet). Distribution is direct enterprise field sales with warehouses near customer facilities enabling JIT delivery; there is no channel, marketplace, or e-commerce distribution.

Commercial scale is partially disclosed: 1,001-5,000 employees and six industry verticals served, with SAP S/4HANA supporting multi-plant operations. The company is publicly listed (as evidenced by an active investor relations section, Draft Red Herring Prospectus, and annual reports for FY2022-23 through FY2024-25) and family-controlled, led by Managing Director Giriraj Singhania and Joint Managing Director Raghvendra Singhania. Revenue is not publicly disclosed in available materials.

Name

Shivalik Engineering Industries

Legal name

Shivalik Engineering Industries Ltd

Website

https://shivalikengineering.com

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Shivalik Engineering Industries Ltd is an India-based precision iron casting manufacturer producing brake drums, hubs, axle components, and rail/water fittings via integrated grey iron and ductile iron foundries with CNC machining. It supplies enterprise OEMs including Daimler, Tata Motors, Mahindra, Caterpillar, and Indian Railways across six industrial verticals.

Ownership category

akta.pro rank

Product category

Iron castings and precision machined components for automotive, agricultural, railway, off-highway, and water infrastructure OEM supply

NAICS

Machinery Manufacturing (333)

SIC

Special Industry Machinery, Nec (3559)

akta.pro primary industry

Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC)

akta.pro secondary industry

Steel Plate, Sections & Welded Assemblies (IMADACAD)

Keywords

• Iron casting manufacturing
• Precision component manufacturing
• Foundry machine shop
• Automotive castings supply
• Ductile iron components

Headquarters

HQ city

Raipur

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Precision Component Sales: Revenue is generated through the manufacture and sale of precision-engineered iron castings and machined components to OEMs in automotive, agricultural equipment, railway, off-highway, and water works sectors. The company operates on a project/contract basis with major enterprise clients rather than a standardized product catalog. Revenue is primarily one-time transactional per component order, though sustained by long-term OEM supply relationships.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Shivalik Engineering Industries is a precision component manufacturer that operates an integrated grey iron and SG (ductile) iron foundry with high-pressure moulding line (HPML) and a CNC machine shop to produce and finish iron castings for industrial customers. Its products — including brake drums, wheel hubs, tractor and railway castings, off-highway components, and ductile iron water-work and pipe fittings — are supplied to enterprise OEMs in the automotive, agricultural equipment, railway, off-highway, and water infrastructure sectors. The company is publicly listed, family-controlled, and headquartered in Bhilai/Raipur, Chhattisgarh, India.

Product overview

Shivalik Engineering Industries is a precision component manufacturing company offering end-to-end solutions for Automotive, Agriculture, Railways, Off-Highway, and Water Works industries. The company operates a grey iron foundry and SG iron foundry with high-pressure moulding line (HPML), supported by a CNC machine shop for precision machining. The product portfolio includes Automotive Components (Brake Drums, Wheel Hub), Tractor Components, Railway Components, Off Highway Application Components, and Water work & Pipe Fitting Components. Infrastructure includes integrated Foundry, Machine Shop, Quality Assurance, and Design & Engineering services. Founded in 2007, the company serves marquee clients including Volvo, Daimler, TATA Motors, Ashok Leyland, and Caterpillar.

Differentiator

Problem solved

Functional benefit

Products and services

• Automotive Components Precision-engineered iron castings for passenger and commercial vehicles, including brake drums, wheel hubs, and other safety-critical and structural castings for trucks, buses, and LCVs, supplied to automotive OEMs and tier-1 component manufacturers.
• Brake Drums Cast and machined brake drum components for commercial and passenger vehicle braking systems, manufactured through the company's foundry and CNC machining processes and supplied to automotive OEMs.
• Wheel Hub Precision-cast and CNC-machined wheel hub components for automotive vehicle applications, produced for OEM customers.
• Tractor Components Precision iron castings — including transmission housings, axle components, and hydraulic system castings — for tractors and agricultural equipment, supplied to tractor and farm machinery OEMs.
• Railway Components Precision castings — including couplings, wheels, brake components, and structural castings — for railway rolling stock and metro rail systems, supplied to Indian Railways, metro rail corporations, and railway component manufacturers.
• Off Highway Application Components Heavy-duty iron castings — including differential housings, axle components, and other rugged castings — for off-highway commercial vehicles, construction, and mining equipment manufacturers.
• Water work and Pipe Fitting Components Ductile (SG) iron pipe fittings, valve bodies, and water distribution components for municipal water infrastructure applications, supplied to pipe fitting manufacturers and water works customers.

Quantifiable outcome

• Delivers precision components meeting the highest standards of strength, efficiency, and reliability as certified by IATF 16949, ISO 9001, ISO 14001, and ISO 45001.

Named customers24 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature11 records

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Endurance Technologies: Tier-1 Indian automotive component maker supplying aluminium die-castings, suspension, and drivetrain parts to Indian and global OEMs — overlapping precision cast/machined product portfolio and enterprise OEM GTM motion.
• JBM Group: Tier-1 Indian auto component manufacturer producing chassis, exhaust, and body-in-white components for passenger and commercial vehicle OEMs — comparable enterprise B2B OEM GTM and precision manufacturing scale.
• Tata Metaliks: Indian pig iron and ductile iron pipe producer with iron foundry operations — comparable metal casting technology and end-market exposure, including water infrastructure components.
• Bharat Forge: India's largest auto component and forging/casting supplier, serving Daimler, Tata, Ashok Leyland and global OEMs with machined safety-critical components — directly comparable end markets and product mix to Shivalik's brake drum, axle and drivetrain castings.
• Sundaram Fasteners: TVS-group listed Indian auto components manufacturer producing high-tensile fasteners and precision machined components for OEMs including Tata, Mahindra and Ashok Leyland — directly comparable B2B OEM motion and quality requirements (IATF 16949).
• Mahindra CIE Automotive: An Indian-listed automotive components platform of CIE Automotive, producing iron/steel castings, forgings and machined parts for passenger and commercial vehicle OEMs — same vertical customer base and similar casting/machining technology stack.
• Texmaco Rail & Engineering: Indian railway castings and wagon manufacturer supplying to Indian Railways and metro operators — overlapping railway castings vertical that Shivalik addresses with DMRC and Indian Railways.
• Automotive Axles Limited: Kalyani Group company and one of Shivalik's named customers, manufacturing axles and drivetrain assemblies for commercial vehicles — comparable end market, product vertical (axle housings, differential cases), and supplier-customer overlap.
• Electrosteel Castings: Indian-listed manufacturer of ductile iron pipes and iron castings for water infrastructure and engineering applications — comparable SG iron foundry technology and water works & pipe fittings end market.

Regional players

• Damodar Industries / Damodar Alloy Castings: Indian-based iron and steel casting supplier serving automotive and general engineering — comparable regional precision casting capability targeting OEM customers in the Indian subcontinent.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@shivalikgroup7864
• LinkedInlinkedin.com/company/shivalik-engineering-industries-ltd

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

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 Shivalik Engineering Industries