Metalfab Hightech

What Metalfab Hightech does

Metalfab Hightech Pvt. Ltd. is a heavy steel fabrication engineering company headquartered in Nagpur, India, founded in 1981 as a family-owned business (originally Metalfab Industries) and now operating as a subsidiary of Lloyds Engineering Works. The company operates two integrated manufacturing units on approximately 22 acres (85,000 sq.mts.) with 26,500 sq.mts. of covered area, 18 fabrication bays (including a 205m long bay), 6 blasting booths, 11 painting booths, and an NABL-accredited in-house non-destructive testing (NDT) laboratory. It holds ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007, ISO 3834 welding quality, and RDSO vendor approvals, and employs approximately 800 people.

The company's core products are large-scale fabricated steel components for the power (thermal and wind), sugar, cement, and infrastructure sectors — including windmill towers up to 120m hub height and 2MW capacity, precision components for wind turbine generators (Disk Rotor, Stator Ring, Stator Carrier), pressure vessels and tanks, buckstays for supercritical thermal boilers, hanger rods for boiler pressure parts, silos and stacks, and bridges/girders (ROBs, Open Web Girders, Bow String Girders). Since 2002 it has manufactured over 3,000 windmill towers and produces 750 towers per year; since 2010 it has supplied over 17,500 MT of buckstays. Annual production capacity is 24,000 MT per year with execution capability of over 30,000 MT per year.

Metalfab generates revenue through project-based, quote-driven fabrication contracts sold directly to enterprise industrial customers — primarily BHEL, L&T, Doosan, Inox Wind, Thermax, GE, Thyssenkrupp, Alstom, Enercon/Wind World India, Afcons Infrastructure, Regen PowerTech, and ISGEC. Pricing is determined per-project by specifications, tonnage, material grades, and timelines, with multi-year contracts. The company reported a 21.65% EBITDA margin for H1 FY2025. The firm is undergoing a three-way amalgamation into parent Lloyds Engineering Works (board approval December 2025, CCI approval May 2026), which will remain the surviving entity.

Name

Metalfab Hightech

Legal name

Metalfab Hightech Pvt. Ltd.

Website

https://metalfabhightech.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Metalfab Hightech is a Nagpur-based heavy steel fabricator supplying windmill towers, pressure vessels, buckstays, and bridges primarily to Indian power, sugar, cement, and infrastructure OEMs.

Ownership category

akta.pro rank

Product category

Heavy Industrial Steel Fabrication

NAICS

Fabricated Structural Metal Manufacturing (332312), All Other Fabricated Metal Product Manufacturing (33299), Steel Product Manufacturing from Purchased Steel (3312)

SIC

Fabricated Structural Metal Products (3440)

akta.pro primary industry

Structural Steel Fabrication (IMADACAA)

akta.pro secondary industry

Bridge & Infrastructure Steel Components (IMADACAL)

Keywords

• Heavy steel fabrication
• Windmill tower manufacturing
• Industrial structural fabrication
• Pressure vessel fabrication
• Heavy engineering services

Headquarters

HQ city

Nagpur

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Heavy Fabrication Contracts: Project-based fabrication contracts for industrial customers in power, sugar, cement, and infrastructure sectors. Revenue generated from manufacturing and supplying fabricated steel components including windmill towers, pressure vessels, buckstays, silos, bridges, and structural components. EBITDA margin of 21.65% reported for the company.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Metalfab Hightech is a heavy steel fabrication engineering company that manufactures and supplies fabricated steel components for the power, sugar, cement, and infrastructure sectors. Its core product portfolio includes windmill towers, pressure vessels, buckstays, silos, bridges and girders, hanger rods, and other heavy steel structures, executed on a project-based contract basis from two integrated manufacturing units in Nagpur.

Product overview

Metalfab Hightech is a heavy fabrication engineering company engaged in manufacturing steel structures and components for core industrial sectors including Power (Thermal and Wind), Sugar, Cement, and Infrastructure. The company operates two manufacturing units in Nagpur offering fully integrated production from steel sourcing through fabrication, machining, blasting, painting, and packing. The product portfolio centers on Windmill Towers (tubular towers for wind turbines), Steel Parts for Wind Turbine Generators (Stator Carrier, Disc Rotor, Stator Ring), Pressure Vessels and Tanks, Buckstay components for boilers, Stacks and Silos, Hanger Rods for Pressure Parts, and Heavy Steel Structures including Bridges and Girders for railways and highways. The company executes over 30,000 MT annually and serves major Indian industrial companies including BHEL, L&T, Doosan, Inox Wind, GE, and Thermax. Annual production capacity is 24,000 MT per the RDSO vendor approval.

Differentiator

Problem solved

Functional benefit

Products and services

• Windmill Towers Tubular towers for wind turbines manufactured since 2002. Capacity to fabricate towers up to 120m hub height and 2MW capacity, with 750 towers produced annually including 600 hybrid and 150 full-length steel towers for wind OEMs such as Inox Wind, Enercon (Wind World India), Regen PowerTech, Kenersys India, and Gamesa.
• Steel Parts for Wind Turbine Generators High-precision components for wind turbine generators including Disk Rotor, Stator Ring, and Stator Carrier that require extensive machining, supplied to wind turbine generator manufacturers.
• Hanger Rods for Pressure Parts Hanger rods, header suspensions, cross beams, and U-rods for boiler pressure parts manufactured in steel grades SA 387 Gr. 11, SA 387 Gr. 22, 25CrMo4, 21CrMoV5-7, and 40CrMoV4-6 for projects up to 660/800 MW, supplied to thermal power boiler OEMs.
• Pressure Vessels, Tanks and Heat Exchangers Custom-fabricated vessels, tanks, stacks, and heat exchangers supplied to steel, cement, sugar, and thermal power plants for industrial process applications.
• Buckstays for Supercritical Boilers Structural boiler components supplied as preferred supplier to L&T MHPS Boilers and Doosan Power Systems. Over 17,500 MT produced since 2010 for domestic and export supercritical thermal power projects.
• Silos, Stacks and Bunkers Silos for boilers up to 800 MW supplied for NTPC projects and Thermax-Babcock & Wilcox export projects to South America, along with related technical structures such as stacks and bunkers for industrial plants.
• Bridges and Girders Steel bridges and girders of various types including ROBs, Open Web Girders, Bow String Girders, Composite Girders, and Plate Girders for highways and railways. RDSO-approved supplier (Registration ID CBS/G/REG/METALFAB) for Open Web Girder, Composite Girder, and Plate Girders.
• Heavy Steel Structures Custom-fabricated columns, beams, bracings, and other structural steel components supplied for industrial plant and infrastructure applications.
• Pipelines and Ducts Industrial pipelines and ducts supplied for power and industrial plant applications as part of the company's heavy fabrication portfolio.

Quantifiable outcome

• Manufacturing over 3,000 windmill towers since 2002, producing 750 towers annually
• +3 more outcomes

Named customers12 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

Feature5 records

Partnerships

One partnership is on record.

• Lloyds Engineering WorkscoreStrategic or Co-development PartnerMetalfab Hightech is a Subsidiary of Lloyds Engineering Works. The company is currently undergoing amalgamation (merger) into Lloyds Engineering Works along with Lloyds Infrastructure & Construction and Techno Industries to unify the group's engineering, infrastructure, and fabrication businesses under a single structure.

Scale indicators10 records

Recent moves6 records

Expansion highlights10 records

Emerging players

• Pennar Industries: Diversified engineering company with steel products, custom-engineered components, and fabricated structural parts. Less specialized in heavy fabrication than Metalfab but overlapping in infrastructure and industrial components.
• KEC International: RPG Group flagship and major manufacturer of power transmission/distribution towers. Overlaps with Metalfab in tubular steel tower manufacturing and India's renewable/transmission capex theme.

Direct peers

• ISGEC Heavy Engineering: Indian heavy engineering and fabrication company supplying power, sugar, cement, and industrial customers. Comparable to Metalfab in product range (boiler components, pressure vessels, steel castings) and customer base (BHEL, Indian Sugar, power OEMs).
• Skipper Limited: Manufacturer of structural steel and power transmission/distribution towers in India. Direct overlap on tubular steel towers and structural steel fabrication, with comparable customer mix in power and infrastructure.
• BGR Energy Systems: Indian power EPC and equipment supplier serving thermal and nuclear power with fabricated boiler and pressure parts. Closely comparable to Metalfab's thermal power and pressure-parts product lines.
• McNally Bharat Engineering Company: Kolkata-based heavy engineering and EPC company serving power, steel, cement, and infrastructure. Comparable in scale, fabrication capabilities, and project-based revenue model.
• Walchandnagar Industries: Heavy engineering company manufacturing critical fabricated components for power, sugar, and industrial sectors. Comparable in customer mix (especially thermal power and sugar OEMs) and product complexity.

Regional players

• Afcons Infrastructure: Listed Indian infrastructure EPC company with internal structural fabrication requirements. Overlaps with Metalfab as both a customer (bridge/structural steel) and a peer in heavy industrial infrastructure execution.
• Heavy Engineering Corporation: Public-sector heavy engineering company in India serving steel, power, and mining. Comparable in heavy fabrication capabilities (castings, forgings, structural), though PSU-driven and broader in product mix.

Broad incumbents

• Lloyds Engineering Works: Parent company and surviving entity post-merger. Multi-vertical industrial engineering player covering fabrication, steel, and infrastructure; provides the post-merger benchmark for Metalfab's valuation and operational context.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Metalfab Hightech