Microcap stock jumps 5% after receiving two work orders worth ₹80 Cr from domestic customers

Synopsis: Thaai Casting Limited surged 5% after winning new domestic orders worth ₹80.52 crore. The orders span automotive and non-automotive products, with execution timelines of 36–48 months.

The shares of Micro-Cap company, specializing in high-pressure die casting and precision machining of both ferrous and non-ferrous materials, as well as induction heating and quenching, jumped upto 5 percent upon receiving two work orders worth approximately Rs. 80.52 crores from Domestic customers.

With a market capitalization of Rs. 259.24 crores on Thursday, the shares of Thaai Casting Limited jumped by upto 4.7 percent, making a high of Rs. 106.50 per share compared to its previous closing price of Rs. 101.65  per share.

What Happened

Thaai Casting Limited, engaged in high-pressure die casting and precision machining of both ferrous and non-ferrous materials, as well as induction heating and quenching,  has received new domestic orders aggregating to approximately Rs. 80.52 crore. 

These include one order worth Rs. 76.76 crore, to be executed over 36–48 months, and another order worth Rs. 3.76 crore, to be executed over 36 months. The orders are for the supply of various automotive and non-automotive products from domestic customers. 

Financials & Others

The company’s total revenue rose by 17 percent from Rs. 53 crore in September 2024 to Rs. 62 crore in September 2025. Meanwhile, Net profit remained steady from Rs. 6 crore to Rs. 6 crore during the same period.

It shows solid profitability, with ROCE of 16.3% and ROE of 15.6%, indicating efficient use of capital and shareholders’ funds. Additionally, the stock appears undervalued relative to its industry, trading at a P/E of 19.1 compared to the industry average of 30.2, which may suggest an attractive valuation if fundamentals remain strong.

Thaai Casting Limited, established in 2011, specialises in high-pressure die casting and precision machining of both ferrous and non-ferrous materials, serving the automotive sector primarily. The company’s advanced capabilities include induction hardening and gas nitriding to enhance component durability.

Thaai Casting Limited collaborates with several esteemed clients across the automotive and non-automotive sectors. Key automotive customers include MEI, Motherson, Yazaki, SFL, and Innova rubbers, while major non-automotive clients feature Schindler, WIKA, and Bonfiglioli. 

Among end customers, the company supplies leading OEMs such as Maruti Suzuki, Tata Motors, Ashok Leyland, Mahindra, Toyota, and JCB, reflecting its trusted reputation among top industry brands.

With a product range covering engine mounting brackets, transmission mounts, steering wheels, and electrical connectors. Thaai Casting operates with a self-certification process and efficient Direct On Line (DOL) supply chain, and is expanding its infrastructure with new facilities for gas nitriding, gear shaping, and heavy machining to support growth and diversification.

Written by Sridhar J 

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