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Magna Electro Castings

Magna Electro Castings

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About

Highlights

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

Quarterly Results ( Figures in Rs. Crores.)

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Major Shareholders

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Shareholders more than 1%

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Overview

Magna Electro Castings was incorporated in 1993 as a Public Company. The main promoter of the company is N Krishna Samaraj. Magna is in the business of Manufacturing and Supplying Ferrous Components in small and medium volumes to users worldwide.

Magna specializes in the manufacture of Ductile Iron and Gray Iron casting in the weight range of 300 grams to a maximum of 2000 Kilograms. Magna also adds value by heat treatment, surface treatments and machining so that the products are ready to assemble.

Magna also produces fully machined components, utilizing its in-house CNC machine shop and other facilities as well.

Magna has extensive experience in the supply of safety requirement components in the casting and fully machined forms. The components meet stringent requirements in terms of Radiographic Quality and Metallurgical Control.

Magna has established warehousing in the USA, this facility along with bi-weekly container shipments, allows them to cater to low volume requirements. Also their warehousing capability enables them to supply products just in time, to customers in the United States of America.

Product range of the company includes:

Castings

  • Valves
  • Refrigeration
  • Railroad
  • Printing
  • Hydraulics
  • Automotive
  • Electrical
  • Windmills

Machined Components

  • Railroad
  • Hydraulics
  • Off Highway
  • Windmills
  • Automotive

Milestones:

  • 1993 - Incorporated as a Public Limited Company
  • 1995 - Commenced production
  • 1997 - First Exports Begin
  • 1998 - Awarded ISO 9002 certification
  • 1999 - CNC Machine Shop
  • 2000 - State of the art Tool Room
  • 2001 - Interactive Website for Customer Relations Management
  • 2002 - Awarded ISO 9001:2000 certification by M/S. DNV
  • 2003 - Approved in accordance with Pressure Equipment Directive (PED)97/23/EC          and W0/AD2000 MERKBLATT by RWTUV.
  • 2004 - ISO/TS 16949 certification
  • 2004 - Completely automated Furan based No-Bake molding line
  • 2004 - First Wind Electric Generator (750 KW)
  • 2005 - Heavy machining center
  • 2005 - Second Wind Electric Generator (1650 KW)

 Achievements/ recognition:

  • Awarded ISO 9002 certification in 1998.
  • Awarded ISO 9001:2000 certification by M/S. DNV in 2002.
  • Approved in accordance with Pressure Equipment Directive (PED)97/23/EC and W0/AD2000 MERKBLATT by RWTUV in 2003.
  • Awarded ISO/TS 16949 certification in 2004.
Brands Of Magna Electro Castings

Brands Of Magna Electro Castings

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