KVS Castings Expands Capacity to 19,200 MT, Launches New Plant Operations

KVS Castings Limited (BSE: 544554, KVSCASTING), formerly KVS Castings Private Limited, has successfully increased its overall installed production capacity and commenced commercial operations at its new manufacturing facility, Unit 2, starting from the opening of business hours on March 2, 2026.

The company's existing production capacity of 600 metric tonnes per month (7,200 MT per annum) has been enhanced to 1,600 MT per month (19,200 MT per annum), representing an addition of 12,000 MT per annum. This expansion aligns with the objectives outlined in the company's Initial Public Offer for capital expenditure on plant and machinery, aimed at meeting growing demand, improving operational efficiencies, and strengthening manufacturing capabilities.

The new Unit 2 is located at Village Baghelewala and Girdhiyai, Tehsil Kashipur, District Udham Singh Nagar, Uttarakhand - 244713. It focuses on the manufacturing and production of Cast Iron and Ductile Iron castings, with an installed capacity of 12,000 MT per annum. Previously, the company operated at 76.20% utilization of its 7,200 MT per annum capacity.

Expected benefits include increased production capacity, enhanced regional supply efficiency, logistics optimization, and improved operating leverage.

Shares of KVS Castings Limited was last trading in BSE at Rs. 55.42 as compared to the previous close of Rs. 49.90. The total number of shares traded during the day was 124000 in over 54 trades.

The stock hit an intraday high of Rs. 59.88 and intraday low of 52.10. The net turnover during the day was Rs. 7243200.00.

Source : Equity Bulls

Keywords

KVSCastings INE163701019 Forgings NewPlantOperations CommercialOperations