Manufacturing and supplying TMT steel bars in India.
Annual revenue $145.4M Latest available
Total funding - Funding intelligence
Employees 218 Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Afstar

Afstar is a company based in India. The company has 218 employees as of November 06, 2025. Afstar offers products and services including Fe 550 D TMT Rebars and Cut & Bend Customized Steel Rebars.

  • Headquarter India
  • Employees 218 as on 06 Nov, 2025
  • Sectors
    Industrial Goods & Manufacturing
    Real Estate & Construction
  • Email
    Locked
  • Phone
    Locked
  • Legal Name Ms Agarwal Foundries Pvt. Ltd
  • Jurisdiction Secunderabad, Telangana, India
Operational Areas
Industrial Goods & Manufacturing → Industrial Materials & Resources Unlock Sub-Sector Unlock Segment
Real Estate & Construction → Building Materials, Technology & Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $145.43 M (USD)
    118.47
    as on Mar 31, 2021
  • Net Profit
    $1.01 M (USD)
    86.35
    as on Mar 31, 2021
  • EBITDA
    $8.88 M (USD)
    73.83
    as on Mar 31, 2021
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    218

    as on Nov 06, 2025

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Products & Services of Afstar

Afstar offers a comprehensive portfolio of products and services, including Fe 550 D TMT Rebars and Cut & Bend Customized Steel Rebars.

Product name locked
Category locked
Primary

These rebars are produced for increased strength in construction applications.

Product name locked
Category locked
Locked

Customized steel rebars are provided to address labor shortages in construction projects.

Funding Insights of Afstar

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Detailed funding history for Afstar

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Investments & Acquisitions by Afstar

Investments
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Investment portfolio details for Afstar

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Financial Statements - Afstar

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Detailed financials for Afstar

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Afstar Comparisons

Afstar Primary company
Description
Manufacturing and supplying TMT steel bars in India.
Location
India
Founded Year
-
Annual Revenue
$145.43 M (USD)
Net Profit
$1.01 M (USD)
EBITDA
$8.88 M (USD)
Employees
218
As of 2025
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Peer comparison for Afstar

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Competitors of Afstar

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Detailed competitors of Afstar

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Latest news on Afstar

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Complete news archive for Afstar

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Frequently Asked Questions about Afstar

Afstar is headquartered in India.

As of Nov 06, 2025, the latest employee count at Afstar is 218.

Annual revenue of Afstar is $145.43M as on Mar 31, 2021.

MS Agarwal Foundries Pvt. Ltd., operating under the brand name AFSTAR, has been involved in steel production for over three decades. An integrated steel plant is situated in Telangana, with additional units in Andhra Pradesh, where virgin steel is manufactured using state-of-the-art facilities. Various TMT rebars and customized services are supplied to sectors like infrastructure and renewable energy. Quality standards are upheld through advanced testing laboratories, and a production capacity of 1.2 MTPA is planned by 2026-27.

Afstar offers Fe 550 D TMT Rebars and Cut & Bend Customized Steel Rebars.

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