About Sonali Castings
Sonali Castings was an Industrial Goods & Manufacturing company based in Hyderabad (India) founded in 1977. It manufactures and supplies grey iron and ductile iron casting components to OEMs. It operates on a B2B model. The company has 2 employees. Its Indian entity Sonali Castings (Hyd) Private Limited reported revenue of ₹5.66 Cr. The company is recorded as dissolved. Its focus areas include Manufacturing, Metals and Casting, Iron Components and Supply to OEMs. Similar companies include Maini Precision Products, Ramkrishna Forgings and Bharat Forge.
Company details
Sonali Castings manufactures and supplies grey iron and ductile iron casting components to oems, focusing on producing manufactured goods, metals and casting, iron components, and supply to oems. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Hyderabad, India
- Employees 2
- SectorsIndustrial Goods & Manufacturing
- Website sonalicastings.com
- Legal Name Sonali Castings (Hyd) Private Limited
- Date of Incorporation 17 Jul, 2008
- Jurisdiction Secunderabad, Telangana, India
- Annual Revenue₹5.66 Cr
FY 2018 · -38% YoY
- Net Loss-₹4.31 Cr
FY 2018 · -76% margin
- EBITDA-₹90.7 Lakh
FY 2018 · -16% margin
- Employee Count2
Associated legal entities of Sonali Castings
Sonali Castings operates through Sonali Castings (Hyd) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sonali Castings (Hyd) Private Limited CIN U34102TG2008PTC060177 | Active | 17 Jul 2008 | Secunderabad, Telangana | ₹5.7 Cr | 2 | 2 | View details |
Board of directors of Sonali Castings (Hyd) Private Limited (Sonali Castings)
Sonali Castings (Hyd) Private Limited is the primary company behind Sonali Castings. The board of Sonali Castings (Hyd) Private Limited currently have 2 directors; the longest-serving is Vedhire Veena Reddy, appointed in 2008. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vedhire Veena Reddy DIN 01185709 | Director | 17 Jul 2008 | 18 yrs 3 mo | Sonali Castings (Hyd) Private Limited |
| Vedhire Anand Reddy DIN 00073606 | Managing Director | 17 Jul 2008 | 18 yrs 3 mo | Sonali Castings (Hyd) Private Limited |
Financials of Sonali Castings
Figures of Sonali Castings (Hyd) Private Limited, the primary company behind Sonali Castings, for FY 2018. Revenue was ₹5.66 Cr (-38% year on year). Net loss was -₹4.31 Cr (-76% margin). EBITDA was -₹90.7 Lakh (-16% margin). Revenue has grown at a compounded annual rate of -27% over three years.
- ₹5.66 CrRevenue · FY 2018 · -38% YoY
- -₹4.31 CrNet loss · -76% margin
- -₹90.7 LakhEBITDA · -16% margin
- ₹5.00 CrPaid-up capital
- 2Employees (provident fund records)
- -27%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Sonali Castings (Hyd) Private Limited are on its company page.
Detailed financial statements for Sonali Castings
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- Five-year trends
- Downloads
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Similar companies to Sonali Castings
Sonali Castings 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 Sonali Castings
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Top companies in Metals & Minerals
3 companies that operate in the same segment as Sonali Castings (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 20.78 B | 78,760 |
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Frequently Asked Questions about Sonali Castings
Sonali Castings was founded in 1977.
Sonali Castings is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Sonali Castings has 2 employees.
The primary company behind Sonali Castings, Sonali Castings (Hyd) Private Limited, reported revenue of ₹5.66 Cr for FY 2018, down 38% year on year.
Sonali Castings manufactures and supplies grey iron and ductile iron casting components to oems, focusing on producing manufactured goods, metals and casting, iron components, and supply to oems. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Sonali Castings's top competitors include Bharat Forge, Maini Precision Products and Ramkrishna Forgings.
Sonali Castings operates through Sonali Castings (Hyd) Private Limited.
The legal entities of Sonali Castings currently have 2 directors, including Vedhire Veena Reddy, Vedhire Anand Reddy.