About MONARK STEELS
MONARK STEELS is an Industrial Goods & Manufacturing company based in Kolhapur (India) founded in 1997. It manufactures SG Iron, Ductile Iron castings and machined components for industrial use. It operates on a B2B model. The company has 31 employees. Its Indian entity Monark Ductile Iron Casting Private Limited reported revenue of ₹8.52 Cr. MONARK STEELS offers products and services including SG Iron Castings, Ductile Iron Castings, Nodular Iron Castings, and Machined Components. Its focus areas include Manufacturing, Foundry, Ferrous Castings and SG and Ductile Iron. Similar companies include Maini Precision Products, Ramkrishna Forgings and Bharat Forge.
Company details
Monark Steels, established in 1997, produces SG Iron and Ductile Iron castings along with machined components, primarily for export to Europe, USA, and domestic customers. The company operates from Kolhapur, Maharashtra, India, using advanced equipment like induction furnaces and molding machines. They focus on bulk orders and are expanding capacity to meet market demands, emphasizing quality in ferrous castings manufacturing.
- Headquarters Kolhapur, India
- Employees 31
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Website sgironcasting.com
- Legal Name Monark Ductile Iron Casting Private Limited
- Date of Incorporation 14 Dec, 2010
- Jurisdiction Kolhapur, Maharashtra, India
- Annual Revenue₹8.52 Cr
FY 2024 · +28% YoY
- Net Profit₹69.1 Lakh
FY 2024 · 8% margin
- EBITDA₹88.7 Lakh
FY 2024 · 10% margin
- Employee Count31
Associated legal entities of MONARK STEELS
MONARK STEELS operates through Monark Ductile Iron Casting Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Monark Ductile Iron Casting Private Limited CIN U27310PN2010PTC137978 | Active | 14 Dec 2010 | Kolhapur, Maharashtra | ₹8.5 Cr | 31 | 4 | View details |
Products & Services of MONARK STEELS
MONARK STEELS offers a comprehensive portfolio of products and services, including SG Iron Castings, Ductile Iron Castings, Nodular Iron Castings, and Machined Components.
Castings made from SG Iron for export and industrial applications
High-strength castings for machinery and domestic use
Castings with nodular structure for enhanced durability
Precision machined parts for various manufacturing needs
Board of directors of Monark Ductile Iron Casting Private Limited (MONARK STEELS)
Monark Ductile Iron Casting Private Limited is the primary company behind MONARK STEELS. The board of Monark Ductile Iron Casting Private Limited currently have 4 directors; the longest-serving is Sidramappa Sangappa Patil, appointed in 2010.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sidramappa Sangappa Patil DIN 03314084 | Director | 14 Dec 2010 | 15 yrs 10 mo | Monark Ductile Iron Casting Private Limited |
| Sheetal Sidram Patil DIN 03314123 | Director | 14 Dec 2010 | 15 yrs 10 mo | Monark Ductile Iron Casting Private Limited |
| Sangmesh Sidram Patil DIN 03314129 | Director | 14 Dec 2010 | 15 yrs 10 mo | Monark Ductile Iron Casting Private Limited |
| Shridevi Sidramappa Patil DIN 03314101 | Director | 14 Dec 2010 | 15 yrs 10 mo | Monark Ductile Iron Casting Private Limited |
Financials of MONARK STEELS
Figures of Monark Ductile Iron Casting Private Limited, the primary company behind MONARK STEELS, for FY 2024. Revenue was ₹8.52 Cr (+28% year on year). Net profit was ₹69.1 Lakh (8% margin). EBITDA was ₹88.7 Lakh (10% margin). Revenue has grown at a compounded annual rate of +34% over three years and +21% over five years.
- ₹8.52 CrRevenue · FY 2024 · +28% YoY
- ₹69.1 LakhNet profit · 8% margin
- ₹88.7 LakhEBITDA · 10% margin
- ₹61.2 LakhPaid-up capital
- 31Employees (provident fund records)
- +34%Revenue CAGR, 3 years
- +21%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Monark Ductile Iron Casting Private Limited are on its company page.
Detailed financial statements for MONARK STEELS
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Similar companies to MONARK STEELS
MONARK STEELS has 3 listed similar companies in our database. They include Maini Precision Products, Ramkrishna Forgings and Bharat Forge.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mainiprecisionproducts.com | 1973 | Bengaluru, India | 1,445 | Manufacturer & supplier of precision products and assemblies | ||
| ramkrishnaforgings.com | 1981 | Kolkata, India | 2,653 | Ramkrishna Forgings is engaged in metal forming and manufacturing. | ||
| bharatforge.com | 1961 | Pune, India | 4,132 | Technology-enabled automotive tools, forging, and machining materials are manufactured. |
Detailed similar companies of MONARK STEELS
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of MONARK STEELS
Websites that share an audience with MONARK STEELS (sgironcasting.com).
Websites whose visitors overlap most with MONARK STEELS. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| gpi.co.in | 93% | 5.9K | #2,951,139 | View details |
Top companies in Metals & Minerals
3 companies that operate in the same segment as MONARK STEELS (Metals & Minerals) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of pipes, plates & coils, and home textile products | 1985 | Mumbai, Maharashtra, India | USD 544.74 M | 6,934 | ||
Chemical and casting products are manufactured, with shipping operations managed. | 1962 | Chennai, Tamil Nadu, India | USD 576.61 M | USD 1.43 B | 180 | |
Diversified operations span automotive, agriculture, and financial services. | 1945 | Mumbai, Maharashtra, India | USD 45.15 M | USD 21.54 B | 78,760 |
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Frequently Asked Questions about MONARK STEELS
MONARK STEELS was founded in 1997.
MONARK STEELS is headquartered in Kolhapur, India. It is registered at Kolhapur, Maharashtra, India.
MONARK STEELS has 31 employees.
The primary company behind MONARK STEELS, Monark Ductile Iron Casting Private Limited, reported revenue of ₹8.52 Cr for FY 2024, up 28% year on year.
Monark Steels, established in 1997, produces SG Iron and Ductile Iron castings along with machined components, primarily for export to Europe, USA, and domestic customers. The company operates from Kolhapur, Maharashtra, India, using advanced equipment like induction furnaces and molding machines. They focus on bulk orders and are expanding capacity to meet market demands, emphasizing quality in ferrous castings manufacturing.
MONARK STEELS's top competitors include Bharat Forge, Maini Precision Products and Ramkrishna Forgings.
MONARK STEELS offers SG Iron Castings, Ductile Iron Castings, Nodular Iron Castings, and Machined Components.
MONARK STEELS operates through Monark Ductile Iron Casting Private Limited.
The legal entities of MONARK STEELS currently have 4 directors, including Sidramappa Sangappa Patil, Sheetal Sidram Patil, Sangmesh Sidram Patil and others.