Carnation Industries Ltd vs Thaai Casting Ltd Stock Comparison

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Last Updated on: May 04, 2026

Key Highlights

The Latest Trading Price of Carnation Industries Ltd is ₹ 88.6 as of 04 May 09:09 . The P/E Ratio of Carnation Industries Ltd is 0 as of March 2024 .The P/E Ratio of Thaai Casting Ltd is 26.3 as of March 2024 . The Market Cap of Carnation Industries Ltd is ₹ 0 crore as of March 2024 .The Market Cap of Thaai Casting Ltd is ₹ 336.07 crore as of March 2024 . The revenue of Carnation Industries Ltd for the Dec '25 is ₹ 0.24 crore as compare to the Sep '25 revenue of ₹ 0 crore. This represent the growth of 9.2233718E16% The revenue of Thaai Casting Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 revenue of ₹ 0 crore. This represent the decline of 0% The ebitda of Carnation Industries Ltd for the Dec '25 is ₹ 0.03 crore as compare to the Sep '25 ebitda of ₹ -0.21 crore. This represent the decline of -114% The ebitda of Thaai Casting Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 ebitda of ₹ 0 crore. This represent the decline of 0% The net profit of Carnation Industries Ltd changed from ₹ 2.25 crore to ₹ -0.54 crore over 7 quarters. This represents a CAGR of NaN% The net profit of Thaai Casting Ltd changed from ₹ 0 crore to ₹ 0 crore over 7 quarters. This represents a CAGR of 0.0% The Dividend Payout of Carnation Industries Ltd changed from 0 % on March 2021 to 0 % on October 2023 . This represents a CAGR of 0.0% over 6 yearsThe Dividend Payout of Thaai Casting Ltd changed from 0 % on March 2021 to 0 % on October 2023 . This represents a CAGR of 0.0% over 6 years .

About Carnation Industries Ltd

Initiated in 1982, as Carnation Enterprise Pvt.
Ltd, the Company has come to be known as Carnation Industries Limited in 1994.
The Company initially started off as a merchant exporter firm and made a gradual shift into manufacturing by the mid-eighties and today has three Grey Iron foundries and one Ductile Iron unit in West Bengal.
Apart from being certified by SGS (India) Ltd for systems approval & specific product approvals, Carnation is also India's first Conventional Grey Iron foundry to be certified ISO 9002:1994 by KPMG (USA).
Currently it holds the BS EN ISO 9001:2000 certificate from BSI (UK).

About Thaai Casting Ltd

Thaai Casting Limited was originally formed as a Partnership Firm in the name of 'Thaai Casting' pursuant to Deed of Partnership dated June 02, 2010.
Subsequently, Partnership Firm got converted into a Public Limited Company under the name of 'Thaai Casting Limited' and received a Certificate of Incorporation from the RoC, Tamil-Nadu and Andaman at Chennai dated June 12, 2023. The Company is specialised in Pressure Die Casting, precision Machining of both Ferrous and NonFerrous materials, Induction heating & quenching.
Currently, it engaged in manufacturing of various auto components including Engine Mounting Support Brackets, Transmission Mounts, Fork Shift and Housing, Armature - Steering Wheel, Electrical Connectors, YFG Base Frame (Right-hand drive side/Left-hand drive side), Housing, Top Cover.

FAQs for the comparison of Carnation Industries Ltd and Thaai Casting Ltd

Which company has a larger market capitalization, Carnation Industries Ltd or Thaai Casting Ltd?

Market cap of Carnation Industries Ltd is 30 Cr while Market cap of Thaai Casting Ltd is 257 Cr

What are the key factors driving the stock performance of Carnation Industries Ltd and Thaai Casting Ltd?

The stock performance of Carnation Industries Ltd and Thaai Casting Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Carnation Industries Ltd and Thaai Casting Ltd?

As of May 4, 2026, the Carnation Industries Ltd stock price is INR ₹88.6. On the other hand, Thaai Casting Ltd stock price is INR ₹105.85.

How do dividend payouts of Carnation Industries Ltd and Thaai Casting Ltd compare?

To compare the dividend payouts of Carnation Industries Ltd and Thaai Casting Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.