Foseco Crucible (India) Limited

BSE: 523160
Foseco Crucible (India) Limited - metals and minerals in Aurangabad, Maharashtra, India. FY 2026 financials & compliance.
CIN L26920MH1986PLC038607 Incorporated 13 January 1986 ROC Mumbai HQ Aurangabad, Maharashtra, India
Active Listed - BSE: 523160 Public Limited Company metals and minerals MSME · Medium
Data last updated
Market Cap
₹1,080 Cr
FOSECOC · BSE
Share Price
₹1,848.90
-4.15% today
Revenue
₹111 Cr
FY 2016-17 · +1.4% YoY
EBITDA
₹28.35 Cr
Margin 25.5%
Net Profit
₹14.64 Cr
FY 2016-17 · +46.3% YoY
P/E (TTM)
26.8x
P/B 4.5x
ROE
20.1%
ROCE 32.0%
Authorised capital
₹5.45 Cr
Registered with MCA

About Foseco Crucible (India) Limited

Data last updated:

Foseco Crucible (India) Limited is a public limited company based in Aurangabad, Maharashtra, India. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 13 January 1986 and has been in existence for over 40 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L26920MH1986PLC038607. Its GSTIN is 27AABCG0895P1Z1 (Maharashtra). The company holds 2 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 523160.

The company has an authorised share capital of ₹5.45 Cr and a paid-up capital of ₹2.8 Cr. It was formerly known as Greaves Morganite Crucible Ltd. It is led by directors including Aniruddha Ajit Karve and Ulhas Narayan Gaoli.

Its last annual general meeting (AGM) was held on 21 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at B – 11 MIDC Industrial Area Waluj, Aurangabad, Maharashtra, India – 431136.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹171.92 Cr, a decline of 1.3% compared to the previous year. For the same year it recorded a net profit of ₹29.61 Cr (net margin 17.2%) and EBITDA of ₹27.16 Cr (EBITDA margin 15.8%). The net worth stands at ₹140.16 Cr (up 6.4% YoY). Total assets are valued at ₹141.46 Cr (up 6.4% YoY).

The company has about 152 employees on its provident fund (EPFO) records.

Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 4 cases are pending.

Foseco Crucible (India) Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-04-0006244). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website morganmms.com.

Company details

CIN L26920MH1986PLC038607
Registration Number 038607
Incorporation Date 13 January 1986
ROC Mumbai
Listing Status Listed - Listed on BSE (523160)
Company Status Active
Date of Last AGM 21 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-04-0006244

Name history

Foseco Crucible (India) has undergone 2 name changes throughout its history. The company was previously known as Greaves Morganite Crucible Ltd, and Foseco Crucible (India) Limited. The current legal name is Foseco Crucible (India) Limited.

Company NameStatus
Foseco Crucible (India) LimitedCurrent
Greaves Morganite Crucible LtdPrevious
Key People
Aniruddha Ajit Karve Director Prasad Madhukar Chavare Additional Director Mohit Mangal Additional Director

Recognitions & Rankings of Foseco Crucible (India)

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-04-0006244

Contact details

Foseco Crucible (India) Limited's registered office is in Aurangabad, Maharashtra. Its website is morganmms.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    morganmms.com
  • Social Media
  • Registered Address
    B – 11 MIDC Industrial Area Waluj, Aurangabad, Maharashtra, India – 431136
  • Industry
    Metals and Minerals, Other Metals & Minerals

To see the full contact details of Foseco Crucible (India) Limited, buy the company report.

Comprehensive company report
Foseco Crucible (India) Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Foseco Crucible (India) is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Foseco Crucible (India) Limited, buy the company report.

Financials of Foseco Crucible (India) Limited

FY 2025-26 filings available

Foseco Crucible (India) Limited reported revenue of ₹171.92 Cr (down 1.3% YoY) for FY 2025-26.

Financial Highlights

FY 2016-17 · Consolidated
Revenue
₹111 Cr
+1.4% YoY
EBITDA
₹28.35 Cr
+18.1% YoY
Profit After Tax
₹14.64 Cr
+46.3% YoY
Net Worth
₹87.70 Cr
+19.9% YoY
Total Assets
₹96.34 Cr
+19.2% YoY
Total Debt
Nil

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2016-17FY 2015-16FY 2014-15FY 2013-14FY 2012-13
Income statement
Revenue111110110101100
Revenue growth+1.4%-0.2%+9.0%+1.0%-
EBITDA28.3524.0019.4318.0321.74
EBITDA margin+25.5%+21.9%+17.7%+17.9%+21.7%
Profit before tax25.7318.3711.1214.2718.22
Net profit14.6410.015.858.539.66
Net profit margin+13.2%+9.1%+5.3%+8.5%+9.7%
EPS (₹)51.8734.8620.3729.9934.20
Balance sheet
Total assets96.3480.8371.1165.8357.39
Net worth87.7073.1764.5359.2751.15
Total debt0.000.000.000.000.00
Cash & bank45.8628.6015.0217.6814.23
Net working capital64.0749.0034.5828.5021.78
Cash flow
Cash from operations25.0719.292.887.0714.52
Cash from investing(7.82)(16.52)(0.62)(4.35)(5.07)
Cash from financing(1.32)(0.34)(0.34)(0.32)(5.30)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue172174168155152107129
Revenue growth-1.3%+3.7%+8.6%+1.5%+42.6%-16.9%-
EBITDA27.1640.6435.2625.2429.827.4117.12
EBITDA margin+15.8%+23.3%+21.0%+16.3%+19.6%+6.9%+13.3%
Profit before tax26.4639.3332.7722.3254.485.8418.41
Net profit29.6127.7725.8116.0734.870.5013.09
Net profit margin+17.2%+15.9%+15.4%+10.4%+22.9%+0.5%+10.2%
EPS (₹)33.4349.1841.9428.7877.49(1.67)46.85
Balance sheet
Total assets141133130127123102108
Net worth140132128127123102108
Total debt1.241.041.340.000.000.000.00
Cash & bank37.5821.9850.0045.6736.2437.0128.44
Net working capital63.7240.7357.6566.1965.7046.6550.26
Cash flow
Cash from operations35.5025.2943.1531.8125.5019.2210.93
Cash from investing(8.82)(29.39)(16.56)(10.48)(1.63)(7.35)0.52
Cash from financing(11.00)(24.07)(22.37)(11.86)(23.69)(4.45)(4.11)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue53.1848.6837.3546.0945.9342.5442.3244.66
Revenue growth (YoY)+15.8%+14.4%-11.7%+3.2%+3.7%-0.8%--
Other income1.590.525.830.642.512.111.522.75
Total expenses34.0931.6343.5434.6733.1633.4135.7734.19
EBITDA19.0917.05(6.19)11.4212.779.136.5510.47
EBITDA margin+35.9%+35.0%-16.6%+24.8%+27.8%+21.5%+15.5%+23.4%
Depreciation2.562.602.833.192.822.772.622.31
Interest0.030.050.080.010.040.040.030.05
Profit before tax18.0914.92(3.27)8.8612.428.435.4210.86
Tax3.864.62(1.86)3.293.652.662.543.02

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 01 Nov 2026
ParticularsFY 2016-17FY 2015-16FY 2014-15FY 2013-14FY 2012-13
Revenue111110110101100
Revenue growth+1.4%-0.2%+9.0%+1.0%-
Other income2.452.800.802.321.33
Total expenses83.0285.8690.6382.9678.29
Employee cost17.8815.7613.9811.7610.72
EBITDA28.3524.0019.4318.0321.74
EBITDA margin+25.5%+21.9%+17.7%+17.9%+21.7%
Depreciation4.948.318.965.594.69
Interest0.130.120.150.490.16
Profit before tax25.7318.3711.1214.2718.22
Tax9.577.975.345.547.30
Net profit14.6410.015.858.539.66
Net profit margin+13.2%+9.1%+5.3%+8.5%+9.7%
EPS (₹)51.8734.8620.3729.9934.20
ParticularsFY 2016-17FY 2015-16FY 2014-15FY 2013-14FY 2012-13
Equity & liabilities
Share capital2.802.802.802.802.80
Reserves & surplus84.9070.3761.7356.4748.35
Shareholders' funds (net worth)87.7073.1764.5359.2751.15
Minority interest8.496.846.436.436.14
Secured loans0.000.000.000.000.00
Unsecured loans0.000.000.000.000.00
Total debt0.000.000.000.000.00
Total liabilities96.3480.8371.1165.8357.39
Assets
Gross block82.4277.4171.4267.7460.86
Net block24.5723.7825.7431.0529.42
Capital work in progress2.502.661.380.140.00
Investments0.000.000.000.000.01
Inventories15.8116.7517.0018.2518.32
Sundry debtors18.4217.7315.7916.7616.93
Cash & bank balances45.8628.6015.0217.6814.23
Loans & advances5.298.846.966.924.73
Total current assets85.3871.9254.7759.6154.21
Total current liabilities21.3122.9220.1931.1132.43
Net working capital64.0749.0034.5828.5021.78
Total assets96.3480.8371.1165.8357.39
ParticularsFY 2016-17FY 2015-16FY 2014-15FY 2013-14FY 2012-13
Opening cash15.9413.5211.599.195.04
Net cash from operating activities25.0719.292.887.0714.52
Net cash from investing activities(7.82)(16.52)(0.62)(4.35)(5.07)
Net cash from financing activities(1.32)(0.34)(0.34)(0.32)(5.30)
Net change in cash15.932.431.932.404.15
Closing cash45.8628.6015.0217.6814.23
ParticularsFY 2016-17FY 2015-16FY 2014-15FY 2013-14FY 2012-13
Growth
Sales growth+1.4%-0.2%+9.0%+1.0%-
EBITDA growth+18.1%+23.5%+7.8%-17.1%-
PBT growth+40.1%+65.2%-22.1%-21.7%+9997.0%
Net income growth+46.3%+71.1%-31.4%-11.7%-
Revenue CAGR (3Y)+3.3%+3.2%---
EBITDA CAGR (3Y)+16.3%+3.4%---
Profitability & leverage
Net income margin+14.5%+9.5%+5.3%+8.6%+10.9%
Return on capital employed+32.0%+26.7%+18.2%+26.7%+35.7%
Return on net worth+20.1%+15.1%+9.3%+15.8%+22.3%
Debt / equity0.000.000.000.000.05
Long-term debt / equity0.000.000.000.000.00
Interest cover0.560.761.433.940.94
Efficiency & per share
Fixed asset turnover1.471.551.661.651.82
Inventory turnover7.196.826.545.795.93
Debtors turnover6.486.877.086.296.23
EPS (₹)51.8734.8620.3729.9934.20
Dividend per share (₹)8.004.001.001.001.00
Book value per share (₹)313.20261.34230.48211.67182.68
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue53.1848.6837.3546.0945.9342.5442.3244.66
Revenue growth (YoY)+15.8%+14.4%-11.7%+3.2%+3.7%-0.8%--
Other income1.590.525.830.642.512.111.522.75
Total expenses34.0931.6343.5434.6733.1633.4135.7734.19
EBITDA19.0917.05(6.19)11.4212.779.136.5510.47
EBITDA margin+35.9%+35.0%-16.6%+24.8%+27.8%+21.5%+15.5%+23.4%
Depreciation2.562.602.833.192.822.772.622.31
Interest0.030.050.080.010.040.040.030.05
Profit before tax18.0914.92(3.27)8.8612.428.435.4210.86
Tax3.864.62(1.86)3.293.652.662.543.02
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue172174168155152107129
Revenue growth-1.3%+3.7%+8.6%+1.5%+42.6%-16.9%-
Other income11.097.976.104.8332.064.096.64
Total expenses14513413312912399.45111
Employee cost20.1719.2120.8016.1017.7515.5418.23
EBITDA27.1640.6435.2625.2429.827.4117.12
EBITDA margin+15.8%+23.3%+21.0%+16.3%+19.6%+6.9%+13.3%
Depreciation11.619.058.457.757.405.665.34
Interest0.180.230.140.000.000.000.01
Profit before tax26.4639.3332.7722.3254.485.8418.41
Tax7.7311.789.306.2011.086.775.30
Net profit29.6127.7725.8116.0734.870.5013.09
Net profit margin+17.2%+15.9%+15.4%+10.4%+22.9%+0.5%+10.2%
EPS (₹)33.4349.1841.9428.7877.49(1.67)46.85
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital2.802.802.802.802.802.802.80
Reserves & surplus13712912612412099.64105
Shareholders' funds (net worth)140132128127123102108
Secured loans0.000.000.000.000.000.000.00
Unsecured loans1.241.041.340.000.000.000.00
Total debt1.241.041.340.000.000.000.00
Total liabilities141133130127123102108
Assets
Gross block12512210187.9464.9952.7949.19
Net block63.5680.7961.6053.4037.8630.2431.93
Capital work in progress3.353.830.151.4014.7121.5319.04
Investments0.000.000.000.000.000.000.00
Inventories21.4617.3620.7523.4022.7117.7221.56
Sundry debtors25.4431.2426.7127.0731.2622.2923.19
Cash & bank balances37.5821.9850.0045.6736.2437.0128.44
Loans & advances6.807.554.744.207.856.378.69
Total current assets91.2878.1310210098.0683.3981.88
Total current liabilities27.5637.4044.5534.1532.3636.7431.62
Net working capital63.7240.7357.6566.1965.7046.6550.26
Total assets141133130127123102108
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash21.1949.3745.1435.6735.6428.2220.88
Net cash from operating activities35.5025.2943.1531.8125.5019.2210.93
Net cash from investing activities(8.82)(29.39)(16.56)(10.48)(1.63)(7.35)0.52
Net cash from financing activities(11.00)(24.07)(22.37)(11.86)(23.69)(4.45)(4.11)
Net change in cash15.68(28.17)4.229.470.187.427.34
Closing cash37.5821.9850.0045.6736.2437.0128.44
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-1.3%+3.7%+8.6%+1.5%+42.6%-16.9%-
EBITDA growth-33.2%+15.3%+39.7%-15.4%+302.4%-56.7%-
PBT growth-32.7%+20.0%+46.8%-59.0%+832.9%-68.3%-15.8%
Net income growth+6.6%+7.6%+60.6%-53.9%+6874.0%-96.2%-
Revenue CAGR (3Y)+3.6%+4.6%+16.3%+6.3%+8.2%-0.7%+4.9%
EBITDA CAGR (3Y)+2.5%+10.9%+68.2%+13.8%+13.8%-31.0%-15.7%
Profitability & leverage
Net income margin+10.9%+15.8%+14.0%+10.4%+28.5%-0.9%+10.2%
Return on capital employed+33.2%+30.1%+28.3%+17.9%+38.9%+8.5%+17.8%
Return on net worth+21.8%+21.2%+20.2%+12.9%+31.0%+0.5%+12.7%
Debt / equity0.010.010.010.000.000.000.00
Long-term debt / equity0.010.010.000.000.000.000.00
Interest cover1.160.730.520.000.000.000.08
Efficiency & per share
Fixed asset turnover1.391.561.782.022.592.102.77
Inventory turnover8.869.147.616.717.545.446.09
Debtors turnover6.076.016.255.305.694.706.39
EPS (₹)33.4349.1841.9428.7877.49(1.67)46.85
Dividend per share (₹)12.5049.0040.0020.0054.000.0016.00
Book value per share (₹)250.29235.30229.15226.70218.85182.92385.09

To see the full year-wise statements and ratios of Foseco Crucible (India) Limited, buy the company report.

Board of directors of Foseco Crucible (India) Limited

Foseco Crucible (India) has 9 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Aniruddha Ajit KarveDirector01 Jul 201511 Years 4 MonthsCurrent
Prasad Madhukar Chavare
Also directs: Foseco India Limited
Additional Director12 Nov 20250 Years 11 MonthsCurrent
Mohit Mangal
Also directs: Foseco India Limited
Additional Director12 Nov 20250 Years 11 MonthsCurrent
Manuel Antonio Delfino Aguilera
Also directs: Foseco India Limited
Additional Director12 Nov 20250 Years 11 MonthsCurrent
Amitabha Mukhopadhyay
Also directs: Parag Milk Foods Limited, Sudarshan Colorants India Limited, Sudarshan Chemical Industries Limited and 5 more
Additional Director12 Nov 20250 Years 11 MonthsCurrent
Rashmi Satish Joshi
Also directs: Orkla India Limited, Bharat Forge Ltd, Vesuvius India Ltd and 4 more
Additional Director12 Nov 20250 Years 11 MonthsCurrent
Showing 6 of 9 current directors. View all directors

Auditor

Foseco Crucible (India) Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Deloitte Haskins & Sells LLPFY 2023117366W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 75.00%, foreign institutional investors hold 0.20%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 24.80%.

Promoters: 75.00%FII (Foreign Institutional): 0.20%Retail & Others: 24.80%
Sep 2026
QUARTER
75.00% Promoters
0.20% FII (Foreign Institutional)
24.80% Retail & Others
Promoter holding - history
Now 75.00% · Sep 2026High 76.80% · Jun 2026Low 75.00% · Dec 2025
74%75%76%77%78%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 75.00%Mar 2026: 75.00%Jun 2026: 76.80%Sep 2026: 75.00%76.80%75.00%75.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters75.00%76.80%75.00%75.00%
Public25.00%23.20%25.00%25.00%

MSME payment delays

Foseco Crucible (India) Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 513 overdue payments to 225 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 225)

SupplierAmount dueDue sinceReported on
Others
Roots Corporation Limited
Almatis Alumina Private Limited
Ifb Industries Ltd
an individual supplier

To see the full MSME payment records of Foseco Crucible (India) Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Foseco Crucible (India) Limited has a workforce of 152 employees on its EPFO records as of Mar 29, 2024, across 2 active EPFO establishments.

Employee count
152
Active EPFO establishments
2
Employee growth
8.57%

GST

Foseco Crucible (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AABCG0895P1Z1MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Foseco Crucible (India) Limited, buy the company report.

Recent activity

Foseco Crucible (India) Limited has 64 board changes on record since 1992: 37 appointments and 27 cessations. The latest: Amitabha Mukhopadhyay was appointed as Additional Director on 12 Nov 2025.

Filing
Foseco Crucible (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai Ii.
Appointed
Amitabha Mukhopadhyay was appointed as Additional Director.
Ceased
Chandrashekhar Vasant Chitale ceased to be Director.
Appointed
Henry James Knowles was appointed as Additional Director.
Ceased
Jonathan Richard Percival ceased to be Director.
Appointed
Manuel Antonio Delfino Aguilera was appointed as Additional Director.
Appointed
Mark Russell Collis was appointed as Director.
Appointed
Mohit Mangal was appointed as Additional Director.
Ceased
Poonam Rameshchandra Bopshetti ceased to be Director.
Appointed
Prasad Madhukar Chavare was appointed as Additional Director.
Appointed
Rashmi Satish Joshi was appointed as Additional Director.
AGM
Foseco Crucible (India) Limited last Annual general meeting of members was held on 21 Aug 2025 as per latest MCA records.

55 earlier events are in the company report.

News

Frequently asked questions

Foseco Crucible (India) is an active public limited company based in Aurangabad, Maharashtra, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 13 January 1986 (40+ years old) and is registered under CIN L26920MH1986PLC038607. Listed on BSE: 523160.

Foseco Crucible (India) reported revenue of ₹171.92 Cr for FY 2025-26 (down 1.3% YoY) based on standalone financials.

Foseco Crucible (India) has 9 current directors:

The latest financial statements of Foseco Crucible (India) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 21 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Foseco Crucible (India) is 27AABCG0895P1Z1, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Foseco Crucible (India) is L26920MH1986PLC038607. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Foseco Crucible (India) is a listed company as per MCA records. Its shares are listed on BSE (code: 523160).

Foseco Crucible (India) has 8 court cases on record: 5 filed by the company and 3 filed against it. 4 are pending.

Foseco Crucible (India) was incorporated on 13 January 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.

Amitabha Mukhopadhyay was appointed as Additional Director on 12 Nov 2025. Chandrashekhar Vasant Chitale ceased to be Director on 12 Nov 2025. Henry James Knowles was appointed as Additional Director on 12 Nov 2025. Foseco Crucible (India) has 64 board changes on record in total.

Yes, Foseco Crucible (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-04-0006244).