Concast

Name

Concast

Legal name

Concast

Website

https://concastispat.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Steel Products Manufacturing

NAICS

Irradiation Apparatus Manufacturing (334517), Metal Service Centers and Other Metal Merchant Wholesalers (423510)

SIC

X-Ray Apparatus & Tubes & Related Irradiation Apparatus (3844), Wholesale-Metals Service Centers & Offices (5051)

akta.pro primary industry

Radiation Processing & Sterilization Services (Medical device sterilization, food irradiation, materials modification) (EUAKAIAG)

akta.pro secondary industries

Sealed Source Manufacturing, Encapsulation & Recycling/Take-Back (Source lifecycle management) (EUAKAIAI), Radioactive Materials Storage (Class 7) (TLALAHAN)

Keywords

• TMT bar manufacturing
• Steel products
• Infrastructure advisory
• International commodity trading
• Radiation sterilization services

Headquarters

HQ city

Kolkata

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Steel Products Manufacturing and Sales: Manufacturing and sale of TMT bars, wire rods, iron & steel castings, reinforcement steel bars, and allied steel products. The company operates multiple integrated steel plants producing approximately 2 MTPA of high-grade steel products.
2. Infrastructure Services: Infrastructure advisory, EPC solutions, and investment in concession projects including roads, bridges, ports, airports, water, and urban infrastructure. Order book value approximately Rs. 4,000 crores.
3. International Trade: Trading of minerals and metals including coal, metallurgical coke, pig iron, iron ore, manganese ore, ferro alloys, and ferrous melting scrap. Also exports potable water delivery infrastructure. Largest ferrous scrap importer in India.
4. Health and Hygiene Services: Gamma radiation processing services for sterilization of food, healthcare, and medical products using COBALT 60 technology.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Concast is a diversified Indian conglomerate that manufactures and sells steel products (TMT bars under the Concast Maxx brand, wire rods, sponge iron, billets, pig iron, structural steel, ferro alloys, and grey/ductile iron castings), provides infrastructure advisory and EPC services for roads, bridges, ports, airports, water and urban infrastructure, trades minerals and metals (coal, coke, pig iron, iron ore, manganese ore, ferro alloys, ferrous scrap), and operates the Vikiran gamma radiation processing plant using COBALT 60 technology for sterilization of food, healthcare, and medical products.

Product overview

Concast is a diversified Indian conglomerate operating across four primary verticals: Steel Manufacturing, Infrastructure, International Trade, and Health & Hygiene. The company offers a comprehensive portfolio of steel products including TMT Bars (Concast Maxx brand), wire rods, sponge iron, billets, pig iron, structural steel, ferro alloys, and industrial castings. The infrastructure division provides advisory, EPC and BOT/PPP services for roads, bridges, ports, airports, water and urban infrastructure projects. The international trade division trades minerals, metals, and recycled materials globally. The health & hygiene division operates the Vikiran radiation processing facility using COBALT 60 technology for sterilization of food, medical and pharmaceutical products. Manufacturing operations are conducted through multiple group companies including Concast Ispat Limited (Sodepur), Concast Bengal Industries Limited (Bankura), Dankuni Steels Limited (Srikakulam), and Concast Steel and Power Limited (Jharsuguda), with all facilities ISO 9001:2000 certified.

Differentiator

Problem solved

Functional benefit

Brands

• Concast Maxx: Brand of premium construction steel TMT bars; featured Bollywood actor Shah Rukh Khan as brand ambassador; produces Fe500D rebars
• Vikiran

Products and services

• Concast Maxx TMT Bars Premium construction steel TMT bars under the Concast Maxx brand producing Fe500D rebars, marketed with Shah Rukh Khan as brand ambassador. Sold to construction companies, contractors, and real estate developers across India.
• TMT Bars (Thermo-Mechanically Treated Bars) High-grade reinforcement steel bars produced at multiple manufacturing facilities across India (Sodepur, Bankura, Srikakulam, Jharsuguda), compatible with international standards. Sold to construction and industrial customers.
• Wire Rods Steel wire rods ranging from high carbon to low carbon varieties produced at Concast Ispat Limited's Sodepur facility. Sold to industrial customers for downstream manufacturing.
• Sponge Iron Intermediate steel product (Direct Reduced Iron) produced at Concast Bengal Industries (Bankura) and Concast Steel & Power (Jharsuguda) facilities. Sold as feedstock for steel melting shops.
• Billets Semi-finished steel product produced across multiple group manufacturing plants. Sold as feedstock for rolling mills and forging operations.
• Pig Iron Crude iron produced at Dankuni Steels' blast furnace in Srikakulam, Andhra Pradesh. Sold to foundries and steelmakers.
• Structural Steel Finished steel products manufactured at Concast Steel and Power's Jharsuguda integrated plant in Odisha. Sold to construction and infrastructure customers.
• Ferro Alloys Alloying elements for steel production manufactured at Concast Steel and Power's Jharsuguda facility in Odisha. Sold to steel manufacturers.
• Grey Iron and Ductile Iron Castings Superior quality castings including heavy-duty manhole covers, valve boxes, water covers, grates, frames, road-boxes, pipes, fittings, and mill liners produced through Concast Engineering. Sold to municipal, infrastructure, and industrial customers.
• Slag Cement Cement produced using slag from the blast furnace at Dankuni Steels' zero-waste integrated plant in Srikakulam, Andhra Pradesh. Sold to construction customers.
• Infrastructure Advisory Services Advisory services for infrastructure projects covering roads and highways, urban infrastructure, water infrastructure, real estate, and energy sectors delivered through I-Win Advisory Services Limited (formerly ICICI-Winfra). Sold to government agencies and private infrastructure developers.
• EPC Services for Infrastructure Projects Complete Engineering, Procurement, and Construction services for infrastructure projects including roads, bridges, ports, airports, water, wastewater, and urban infrastructure delivered through Concast Infratech Limited. Sold to government agencies and private infrastructure developers.
• BOT/PPP Infrastructure Projects Build, Own, Transfer and Public-Private Partnership infrastructure projects developed by Concast Infratech Limited. Sold to government and private infrastructure developers as long-term concession projects.
• International Trade of Minerals and Metals Trading in coal (thermal and coking), LAM Coke, metallurgical coke, pig iron, iron ore, manganese ore, ferro alloys, and ferrous melting scrap through Concast Exim Limited and Concast Global Limited. Sold globally to iron and steel manufacturers, energy sector buyers, and infrastructure developers.
• Ferrous Scrap Import Services Largest ferrous scrap importer in India, operating through Concast Exim Limited. Sold to steel manufacturers for use as raw material feedstock.
• Vikiran Radiation Processing Services Gamma radiation sterilization services applied to food, herbal, ayurvedic, biological, medicinal, and disposable medical products using COBALT 60 nuclear energy at the Organic Green Foods Limited facility. Sterilizes packaged products without opening the pack, eliminating micro-organisms without toxic residues. Sold to food processors, healthcare product manufacturers, ayurvedic/herbal product companies, and pharmaceutical/medical disposable manufacturers.

Quantifiable outcome

• Annual business of over 2 Billion Dollars with 10,000 employees
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered major, core and minor.

• Tata Group CompanymajorStrategic or Co-development Partner · 1 January 2009Coal block allotted in consortium with a Tata Group Company for captive coal supply to steel manufacturing operations.
• ICICI-Winfra (ICICI Bank and West Bengal Industrial Development Corporation Joint Venture)coreStrategic or Co-development PartnerConcast Infratech acquired ICICI-Winfra which has advised Government agencies and private sector players across infrastructure spectrum - roads & highways, urban infrastructure, water infrastructure, real estate and energy sectors. Over 200 infrastructure projects across 21 states in India and Bangladesh have been enabled by ICICI-Winfra for over 90 clients.
• Hyundai Engineering & Construction Co. Ltd.majorStrategic or Co-development PartnerBagged first port project - Development of Haldia Port in consortium with Hyundai Engineering & Construction Co. Ltd. from Kolkata Port Trust (KOPT).
• Board of Radiation and Isotope Technology, Department of Atomic Energy, Government of IndiacoreStrategic or Co-development PartnerTechnical collaboration for setting up Vikiran - India's first private sector Radiation Processing Plant using COBALT 60 nuclear energy for sterilization of food, healthcare, and medical products.
• Various Infrastructure PlayersminorStrategic or Co-development PartnerStrategic partnerships with established infrastructure players to create high-end, cost effective and value-added services in roads, bridges, ports, airports, water, and urban infrastructure sectors.

Scale indicators10 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Shyam Steel: Indian secondary steel manufacturer focused on branded TMT bars and structural steel. Closely comparable to Concast in product mix, branding-led positioning, and channel approach toward construction and infrastructure customers in Eastern India.
• IRB Infrastructure Developers Limited: Indian infrastructure developer focused on roads, bridges, and BOT/PPP concessions. Comparable to Concast Infratech's infrastructure EPC and advisory operations serving the same government and private infrastructure customer base in India.
• Kamdhenu Limited: India's leading branded TMT bar franchise using a franchisee manufacturing model. Highly comparable to Concast's Concast Maxx TMT bar strategy and pioneer brand narrative in secondary steel.
• Electrosteel Steels Limited: Indian secondary/integrated steel producer focused on ductile iron pipes and steel bars. Most directly comparable peer given its similar scale, Indian footprint, and history of going through corporate insolvency resolution - mirroring Concast Steel & Power's NCLT path.
• Board of Radiation and Isotope Technology (BRIT): Government of India unit under DAE that operates radiation processing and isotope technology services. Direct peer to Concast's Vikiran plant, which was set up in technical collaboration with BRIT and DAE for COBALT-60 sterilization of food and medical products.

Broad incumbents

• Tata Steel Limited: India's largest private integrated steel producer with mining and downstream operations, and Concast's consortium partner for the coal block allocation. Sets the benchmark for backward integration and Indian steel competitiveness.
• JSW Steel Limited: One of India's largest integrated steel producers with broad product portfolio including TMT bars. Comparable as a major Indian steel incumbent competing for construction and infrastructure demand alongside Concast.
• Jindal Steel and Power Limited: Integrated Indian steel, power, and mining conglomerate with structural steel and TMT product lines. Comparable to Concast as a diversified Indian steel-and-power group with infrastructure exposure.
• Steel Authority of India Limited (SAIL): India's largest public-sector steel producer with integrated plants and broad product portfolio. Comparable as a major Indian steel incumbent competing for construction, infrastructure, and industrial customers.
• Sotera Health (Sterigenics): Global leader in gamma radiation sterilization for medical, pharmaceutical, and food industries through Sterigenics. Comparable as the established global incumbent that defines scale, regulatory, and quality benchmarks for Concast's Vikiran operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/concastgroup
• Facebookfacebook.com/concastindia

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries12 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 Concast