- Business
- Bhagwati Autocast Limited manufactures and supplies cast iron and spheroidal graphite iron (SGI) castings for the automotive and tractor transmission segments; its core products include cylinder heads and engine blocks, frame head distance pieces, hydraulic valve block parts, and transmission housings ranging from 40 kg to 140 kg for original equipment manufacturers in India. Incorporated in 1981 and headquartered at Survey No. 816, Village Rajoda near Bavla, Ahmedabad, Gujarat, the company operates as a foundry unit within the Bhagwati Group alongside Bhagwati Spherocast Pvt. Ltd., serving customers in the automobile and tractor industries with high-duty grey and ductile iron castings adhering to international standards. In recent developments, the company held its annual general meeting on September 16, 2025, proposed a final dividend of Rs 2.50 per share, reappointed Managing Director Reena Bhagwati on September 26, 2025, with salary up to Rs 8 lakh per month, and reported record quarterly net sales of Rs 40.71 crore in Q2 FY26 alongside margin expansion and a new 52-week high stock price of Rs 636.