- The name for the group company ‘alicon’ is coined from the words ‘aluminum’ and ‘ikon’’. alicon is a conglomerate that reflects a group of companies coming together to form a large, trusted and respectable entity with the vision and passion to go with it.
- Today we are one of the largest integrated aluminium casting manufacturing Group in India offering end-to- end solutions across the entire value chain and delivering best-in- class Gravity & Low Pressure aluminium casting (Sand Casting/ Gravity Die Casting / Low Pressure Die Casting) to our customers at the most optimal costs. We are also pioneers of the unique Pie system for low pressure die casting – a system which enhances productivity with minimum utilization of resources like machines, space and manpower.
- Technical expertise from Enkei Japan has helped in establishing one of the most advanced manufacturing systems in India for aluminum die cast products. alicon group currently leads the Indian market in manufacturing cylinder heads for two wheelers and 4 wheelers. alicon group has the distinction of being a single source supplier of many critical engine parts to some of India’s largest OEMs.
- Alicon group is growing rapidly with a Compounded Annual Growth Rate (CAGR) of more than 20% each year. Moving forward in our journey towards our vision G5 2020- 21, we continued on our growth path to map new milestones of accomplishment during FY 2016-17. We challenged the status quo of today through our innovative solutions to reach out to the evolving needs of our customers, beyond tomorrow. Led by our Vision G5 2020-21, we laid down new benchmarks of quality to raise the bar of excellence across our business segments. Expanding our opportunity matrix, we consolidated the efforts of the past few years to gear up to tap new sectors of progress, within and outside India. ‘Fewer, Bigger and Bolder’ was the mantra on which we mapped our future growth philosophy to stay one step ahead, every step of the way
| Two Wheeler Clients |
| Four Wheeler Clients |
| Non Auto Company |
Diverse presence of Alicon group across sectors:
Auto Sector
- Two Wheeler
- Passenger Vehicle/Utility Vehicle
- Trucks(3Wheeler,SCV,LCV,M&HCV)
Non-Auto Sector
- Agriculture
- Aero & Marine
- Locomotive
- Infrastructure
- Energy
- Defense
- Medical & Health
Prakash Diwan of prakashdiwan.in told CNBC-TV18, "What I saw in the recent times is that the auto ancillary companies that have reached a scale are finding it difficult to grow whereas the ones that have started specialising and are creating a lot of niches for themselves, so, case in point is the company that just came up with its earnings also, it is called Alicon Castalloy."
"It is a nice, decent company, it is about Rs 360 crore market cap, we have seen the promoter increase stake in the last couple of quarters, very confident in terms of the order book going forward and what has got them into the reckoning from my attention is the margins that they have started clocking," he said.
"If that is the trajectory, it is going to be a company that will have such good operating leverage going forward. So, these are plays that you would have to look at, these are silent, quiet plays. We saw the same thing in Suprajit Engineering; we have started seeing this in Alicon Castalloy, the couple of bearings companies that we are in the process evaluating."
"I think that is a second level of ancillary play that is coming in apart from the Motherson Sumi and the Bharat Forge of the world which are kind of getting slightly fatigued."
"It is a nice, decent company, it is about Rs 360 crore market cap, we have seen the promoter increase stake in the last couple of quarters, very confident in terms of the order book going forward and what has got them into the reckoning from my attention is the margins that they have started clocking," he said.
"If that is the trajectory, it is going to be a company that will have such good operating leverage going forward. So, these are plays that you would have to look at, these are silent, quiet plays. We saw the same thing in Suprajit Engineering; we have started seeing this in Alicon Castalloy, the couple of bearings companies that we are in the process evaluating."
"I think that is a second level of ancillary play that is coming in apart from the Motherson Sumi and the Bharat Forge of the world which are kind of getting slightly fatigued."