Karbonsteel Engineering Limite

Manufactures heavy and precision structural steel fabrications — heavy steel structures, precision steel structures, steel bridges and pre-engineered building structures — supplied pan-India to EPC contractors and industrial customers in data centres, power plants, steel plants, chemical units, refineries, airports and infrastructure projects, with cumulative deliveries exceeding 1 lakh tons. Operations are being consolidated at a 20-acre Umargam (Umbergaon) facility where fabrication capacity is being expanded from around 30,000–36,000 tons to 54,000 tons (total targeted 60,000 MTPA), while the Khopoli plant was shut down after contributing Rs 11 crore (3.66% of turnover). The order book rose from ~Rs 200 crore to ~Rs 350 crore by May 2025, with recent wins including a Rs 101.01 crore order for Air Cooled Condenser structures and Rs 51.96 crore of MS painted fabricated structures. Around 90–95% of orders come from repeat customers and 70–80% are described as complex jobs; named clients include Arcelor Mittal Nippon Steel, Tata Projects, L&T and John Cockerill. Materials (primarily steel) are the dominant cost at 68.1% of revenue, with FY26 revenue at Rs 300.88 crore and reported EBITDA margin at 11.13%, compressed from 13.41% in FY25 on LPG-supply disruption, rising steel prices and a Rs 1.65 crore bad-debt write-off.