Alicon Castalloy Limited India 2021

Alicon Castalloy Ltd company Information:

Alicon Castalloy Ltd (Alicon), is one of the largest integrated manufacturers of Aluminum castings in India and a global leader in light-weight alloy castings.

• Headquarter:
  • Gat No. 1426, Village – Shikrapur,Taluka – Shirur,
  • District – Pune 412 208,
  • Maharashtra INDIA
• Phone number:
  • T: +91 2137 677100
  • F: +91 2137 677130
• EMAIL: info@alicongroup.co.in
• Listed in NSE, BSE: ALICON, 531147
• Group CEO: Mr. Rajeev Sikand
• Parent Organization: Alicon Group
• Subsidiary: Alicon Holding GmbH,
  • Illichmann Castalloy S.R.O. and
  • Illichmann Castalloy GmbH.

Alicon Castalloy Ltd company profile:

Alicon Castalloy Ltd (Alicon), is one of the largest integrated manufacturers of Aluminum castings in India and a global leader in light-weight alloy castings.

Alicon Castalloy is also credited for pioneering the processes of Low-Pressure Die Casting (LPDC) and Gravity Die Casting (GDC) in India.

Alicon Castalloy’s high-quality total engineering solutions, consistently delivered over the past five decades, have earned us the trust of our marquee customer base across automotive and other core sectors in India as well as in international markets.

Alicon Castalloy present in the segment are:

Automotive segment: They were the manufacturer for all the major local and many international OEMs in the automotive sector. they also serve automotive customers in Europe and the US through our European subsidiary Illichmann Castalloy.

While cylinder head is our flagship offering, we have built a strong product portfolio over the years, comprising
suspension parts, wheel hubs, bridge fork top, outer tubes, and inlet pipes, among others.

During the year, they added 39 parts from 13 existing customers in the domestic market and 42 parts from 9 existing customers in overseas markets.

e-mobility segment: Staying at the forefront of new industry trends and technological improvements has narrowed the cost of ownership between ICE vehicles and EVs, encouraging more customers to shift to e-mobility.

The US and European markets are already witnessing growing production and adoption of EVs. they converted over 40 components and are working on more than 100 components in the EV space.

Agriculture, Infrastructure, Energy, Locomotive, Medical & Health, Aero & Marine, Defence.

there is a growing demand for light-weighted components. For instance, the Indian defense sector is currently refurbishing tank wheels with lightweight aluminum parts to lower the tank’s overall weight.

Armed with our Low-Pressure Die Casting process, we are the only Indian supplier for these wheels. We are also supplying cylinder heads for defense trucks. In agriculture, our aluminum components are being used by tractors. Our continued endeavor toward driving product differentiation and building trust has enabled us to also secure orders from several leading players in energy and aerospace.

Alicon Castalloy Manufacturing plant:

Alicon has 4 manufacturing facilities, three of which are located in India and one in Slovakia (Europe).

Alicon has advanced, globally sourced equipment and machineries, such as CNC-MAKINO, MICRON, HARTFORD, and EDM; a globally competent Tool Manufacturing facility

Quality & Testing laboratories at each location; and a full-fledged Machine Shop. Continuous operational improvement is being driven through lean and agile manufacturing processes.

Manufacturing capabilities support the production of small to large-sized components. Along with high volume manufacturing, the facilities also cater to small batch sizes as product lifecycles get shorter, in tandem with OEMs growing trend to offer newer and more product variants.

• Slovakia
  • Tool Room
  • Product Validation Lab
• Chinchwad, Pune Maharashtra
  • Tool Room
  • Product Validation Lab
  • Machine Shop
• Shikrapur, Pune Maharashtra
  • Technology Centre
  • Product Validation Lab
  • Machine Shop
• Binola, Haryana
  • Product Validation Lab

Alicon R&D:

Alicon aims to be a partner of choice to customers by bringing to market innovative and technically differentiated solutions. This relentless commitment inspires our continued investments in research and development (R&D).

Technology Centre is equipped with the latest instruments and equipment. A dedicated team of 200 highly talented researchers is driving innovation at the facility, enabling us to bring breakthrough products and processes

Alicon Key Industry Highlights FY 2020-21:

Auto business: The segment witnessed sequential volume improvement with healthy client engagements in both
domestic and export markets. During FY 2020-21, the Company added 81 parts from 12 existing customers and 7
new customer in domestic and exports market.

Electric vehicle division: The Company is well poised to become one of the front runners in the EV space. The Company has started supplying battery housing to Samsung who supplies onward to JLR in the EV space. The Company also provided OEMs with thermal engineering solutions for EVs to alleviate the heat generated due to motors and batteries.

This thermal engineering solution is a value-add and pre-immunized offering, providing competitive technical know-how. The Company partnered with Bosch and Samsung for these thermal-management solutions and has gained significant exposure in the European markets. Leveraging IP, it is also partnering with Dana to develop products embedded with ready-to-use technology. From 81 parts added this year 29 parts are from the EV segment from global and domestic customers.

Technology agnostic platforms: The Company is focused on steadily adding parts required in each vehicle irrespective of the technology platform. Components such as the chassis and suspension components in combustion engines made in forged steel are now changing over to aluminum to be used in EVs due to being lightweight.

Non-auto segment: There has been healthy growth in demand across sectors such as defense, aerospace, agriculture, and energy, which is expected to strengthen in near future. The Company has received orders from Honeywell Automation India and ABB India as they expand their businesses in the domestic and export markets.

Alicon Castalloy Ltd Financial position:

sources: Alicon