Regulatory Approval General Industrials NSE: 13560263

Kalyani Cast-Tech Receives CBIC Approval for Shivlakha Inland Container Depot in Kutch

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Kalyani Cast-Tech Receives CBIC Approval for Shivlakha Inland Container Depot in Kutch

Kalyani Cast-Tech Ltd — Regulatory Approval · 13560263

Revenue Ambition

₹4,000 Cr

Long-term Target

Market Cap

₹721.64 Cr

Small Cap

P/E TTM

42.25

Sector 54.94

1Yr Returns

66.63%

Price Performance

! Key Highlights

  • Ministry of Finance (CBIC) issued the Letter of Intent on September 10, 2026
  • Approval follows Inter-Ministerial Committee consideration of the proposal on August 25, 2026
  • Company must operationalise the ICD facility within one year of issuance
  • ICD completes an integrated hub featuring 10,000 TEUs/year container manufacturing capacity
  • Management targets a long-term revenue ambition of ₹4,000–5,000 crore

Kalyani Cast-Tech Limited has received a Letter of Intent from the Ministry of Finance to establish an Inland Container Depot in Shivlakha, Gujarat. This regulatory clearance anchors the company's transition into a diversified rail, manufacturing, and logistics platform.

What Approval Was Received?

The Central Board of Indirect Taxes and Customs (CBIC), under the Ministry of Finance, has granted approval for a Letter of Intent to establish an Inland Container Depot at Shivlakha, Kutch. This approval, finalised following an Inter-Ministerial Committee meeting held on August 25, 2026, authorises the facility to handle international import and export cargo. The regulatory mandate requires the company to implement all necessary infrastructure and operationalise the depot within a strictly defined twelve-month window.

Monthly progress reports must be submitted to the jurisdictional Commissioner of Customs to monitor the project's development milestones.

Why This Approval Matters

The ICD serves as the final link in the company's factory-to-port integrated ecosystem at Shivlakha. By combining an ICD with its existing Gati Shakti Cargo Terminal and manufacturing units, the company can facilitate direct factory-linked rail connectivity and on-site customs clearance. This integration is designed to reduce logistical bottlenecks and improve supply-chain efficiency for both internal operations and third-party cargo aggregation.

The synergy between manufacturing and logistics is expected to strengthen the company's competitive position within the EXIM logistics value chain, enabling participation across multiple stages of the global supply network.

Path to Market

  • Development of specialized infrastructure as per CBIC Circular No. 50/2020-Customs guidelines.
  • Installation of RFID scanners at entry and exit gates for real-time container tracking.
  • Integration of facility systems with the Logistics Data Bank and the E-trade electronic data interchange system.
  • Coordination with the Commissionerate for the posting of Customs staff on a cost-recovery basis.
  • Final application for ICD notification under Section 7 and Custodian declaration under Section 45(1) of the Customs Act.

Business Overview

Kalyani Cast-Tech is pivoting from a manufacturing-centric model toward a broader rail and logistics platform. Its Shivlakha site already hosts a container manufacturing facility with an initial capacity of 10,000 TEUs per annum to address domestic demand and import substitution. Furthermore, a wagon manufacturing unit with an estimated capacity of 2,400 wagons per year is nearing operational readiness.

The company anticipates these combined capabilities will drive its long-term ambition of achieving annual revenue between ₹4,000 crore and ₹5,000 crore, contingent on market demand and the successful execution of its integrated logistics strategy.

Management Perspective

The Company remains committed to its long-term ambition of achieving revenue of approximately ₹4,000–5,000 crore in the coming years, subject to market demand, execution, capacity utilisation, regulatory approvals, government policies and other relevant factors.

— Jayashree Kumar, Whole Time Director, Kalyani Cast-Tech Limited

Kalyani Cast-Tech Ltd — Financial Snapshot

BSE: 544023 · NSE: 13560263 · General Industrials

Current Market Price ₹1005 per share
Market Capitalisation ₹721.64 BSE Listed
Revenue (Annual) ₹149.94 Operating
Net Profit (Annual) ₹17.08 Consolidated
P/E Ratio (TTM) 42.25× Sector: 57.01×
Promoter Holding 59.48% 0.00% QoQ
FII Holding 0.01% Current Qtr

"Kalyani Cast Tech is transitioning from a predominantly manufacturing-led business towards a diversified rail, manufacturing and logistics platform."

— Jayashree Kumar, Whole Time Director

Source Verified

Exchange filing by Kalyani Cast-Tech Limited announcing the receipt of a Letter of Intent for a new Inland Container Depot. Financial metrics from Trendlyne.

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