Shree Spherotech Private Limited

What Shree Spherotech Private Limited does

Shree Spherotech Private Limited is an India-based, privately held ferrous foundry established on October 21, 2010 and operating from a single site at D-31 MIDC Shiroli, Kolhapur, Maharashtra. The company manufactures Grey iron and SG iron (spheroidal graphite iron) castings, with weights ranging from approximately 7.5 kg to 32 kg per component, alongside fully finished machined components and sub-assemblies. Its customer base consists of enterprise OEMs and Tier 1 suppliers across three verticals: automotive (Eaton, Carraro, Mahindra), agricultural equipment (Escorts, ADR, BWP), and transport equipment (York).

The company runs a semi-automated foundry built around 550 KW and 350 KW Inductotherm IGBT-based medium frequency induction melting furnaces, dual pneumatic jolt-squeeze moulding lines (ARPA-450 and ARPA-900), an automated sand plant, and an in-house CNC machine shop equipped with Doosan, BFW, and FANUC machining centers. Quality assurance is supported by an on-site Shimadzu PDA-7000 optical emission spectrometer, metallurgical microscope with image analyzer, and coordinate measuring machine. The company holds ISO 9001:2015, IATF 16949:2016 (since May 2018), and OHSAS 18001 (initial stage) certifications, with EHS compliance under Indian government regulation.

Shree Spherotech operates a sales-led B2B contract manufacturing model, generating revenue through one-off purchase orders and annual contracts with OEM customers via direct inquiry, quote-based pricing, and plant visit or video call-based sales engagement. Stated production capacity is 700 tonnes per month, expandable to 850 tonnes, with a current utilization rate implying 300 tonnes per month and 100 tonnes per month of spare capacity. The company is bootstrapped, family-owned (Patil family, with Shivraj Shankarrao Patil as Managing Director and Virendra Shivraj Patil as Executive Director), and has disclosed no external funding, M&A activity, or partnerships. Its stated strategic vision targets 40% of revenue from export markets and eventual migration to Industry 4.0-enabled operations, though neither has been executed as of the available data.

Name

Shree Spherotech Private Limited

Legal name

Shree Spherotech Pvt. Ltd.

Website

https://shreespherotech.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

Shree Spherotech is a Kolhapur-based private Indian foundry manufacturing Grey iron and SG iron castings plus CNC-machined components for automotive, agricultural, and transport equipment OEMs such as Eaton, Mahindra, and Carraro via contract manufacturing.

Ownership category

akta.pro rank

Headquarters

HQ city

Kolhapur

HQ country

India

HQ region

Asia

Offices2 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. Ferrous Castings Manufacturing: Contract manufacturing of Grey iron and SG iron castings with machined components. Revenue generated from production and sale of custom ferrous castings to OEMs and Tier 1 suppliers.
2. Machined Components: CNC machining services for cast components, providing fully finished parts ready for assembly.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Shree Spherotech is a contract manufacturer of customized Grey iron and SG iron (Spheroidal Graphite Iron) ferrous castings, and delivers fully finished CNC-machined components and sub-assemblies for automotive, heavy industrial, and agricultural equipment OEMs and Tier 1 suppliers. Products include swivel housings, wheel hubs, brake and bearing cages, gear box covers, rear/front supports, rocker top links, and trumpet housings in weights ranging from 7.5 kg to 32 kg per casting.

Product overview

Shree Spherotech is a semi-automated ferrous foundry specializing in the manufacturing of Grey iron and SG iron (Spheroidal Graphite iron) castings, along with machined components. The company operates as a contract manufacturing services provider serving the automotive, heavy industrial, and agricultural equipment sectors. Their product portfolio includes customized castings for components such as Swivel Housing, Front Wheel Hub, Wheel Hub, Rear Support, Front Support, Brake Cum Bearing Cage, Trumpet Housing, Gear Box Cover, and Rocker Top Link. The company offers both raw castings and fully finished machined components, positioning itself as a one-stop shop for precision-crafted ferrous castings. With a production capacity of 300 tonnes/month (expandable to 450 tonnes), they serve OEM customers and Tier 1 suppliers in on-highway vehicle, agri-tractor, and earthmoving equipment manufacturing.

Differentiator

Problem solved

Functional benefit

Products and services

• Grey Iron Castings Customized Grey iron castings for automotive and industrial applications, with casting weights typically ranging from 7.5 kg to 32 kg per component; produced using IGBT-based induction melting and pneumatic moulding technology for OEMs and Tier 1 suppliers.
• SG Iron (Spheroidal Graphite Iron) Castings Spheroidal graphite iron (ductile iron) castings offering exceptional strength, ductility, and wear resistance for demanding applications in the automotive, machinery, and construction industries.
• Machined Components and Sub-Assemblies Fully finished CNC-machined components and sub-assemblies produced from in-house castings, delivered as ready-to-install parts; manufactured using Doosan, BFW, and FANUC CNC equipment with CMM-validated dimensional accuracy.

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Nelcast Limited: Indian listed iron foundry producing grey iron, ductile (SG) iron, and austempered ductile iron castings for automotive, tractor, and earthmoving sectors — the closest publicly traded comparable to Shree Spherotech's product mix and end markets.
• Alicon Castalloy Limited: Indian foundry producing iron and aluminium castings for automotive and industrial OEMs, with in-house machining capabilities — directly comparable vertical integration model and end-market mix.
• Rico Auto Industries Limited: Indian auto component manufacturer producing ferrous and aluminium castings alongside machined assemblies for two-wheeler, passenger car, and commercial vehicle OEMs — comparable contract manufacturing model and OEM customer profile.
• Hinduja Foundries Limited: Indian ferrous foundry (part of Hinduja Group) producing grey iron and SG iron castings for automotive, tractor, diesel engine, and compressor applications — historically one of India's largest iron foundries with similar product portfolio.
• Brakes India Limited: One of India's largest ferrous foundries supplying castings to automotive OEMs including commercial vehicles and passenger cars. Highly comparable foundry scale, ferrous casting focus, and Tier-1/OEM customer base.

Emerging players

• Jash Engineering Limited: Indian engineering company with ferrous casting capabilities serving industrial and infrastructure end markets. Comparable in iron foundry technology but with a different end-market mix (water/wastewater vs automotive).

Regional players

• Waupaca Foundry: One of the largest iron foundries in North America producing grey iron and ductile iron castings for automotive and industrial customers. Comparable in iron casting technology and OEM servicing but serves a different geography.

Broad incumbents

• Sundaram Fasteners Limited: TVS Group automotive component manufacturer producing ferrous and non-ferrous components for automotive OEMs. Comparable OEM customer base (India and export) but broader product portfolio and public-company scale.
• Endurance Technologies Limited: Large Indian auto component maker with aluminium die-casting and some iron casting capability serving two-wheeler and four-wheeler OEMs. Overlaps with Shree Spherotech in automotive components but broader in product range.
• Mahindra CIE Automotive Limited: Diversified Indian auto component manufacturer with multiple iron foundry subsidiaries (Mechanor, Maharashtra Forge) serving automotive OEMs. Comparable in ferrous casting capability but operates at substantially larger scale across multiple product lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/shree-spherotech-private-limited

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Shree Spherotech Private Limited