5nance5nance
5nance5nance
HomeScreens
LOGINGET FREE ACCOUNT

Electrosteel Castings Ltd.

•
electrosteel.comBSE: 500128NSE: ELECTCAST
Market Cap₹ 4,802 Cr.
Current Price
High / Low₹ 104 / 60
Stock P/E39.8
Book Value₹ 97
Price to Book0.77
Dividend Yield1.16 %
ROCE4.7 %
ROE2.8 %
Face Value₹ 1

Add ratio to table

ABOUT

AI Sector View

AI GENERATED

Capital Goods

Buy

Capital goods is supported by strong public capex and still-expansionary industrial activity. Capital expenditure rose 66% YoY (2026-06), GST collections grew 8% YoY (2026-07), and the core industries Overall Index increased 5.4% YoY (2026-07). E-way bills slowed to 6% YoY (2026-07) and sector FPI flows show INR -9697 crore net outflow over 3 months to 2026-08-31, but the investment cycle and fiscal impulse remain favorable.

Confidence
72%
View full sector analysis →

PROS

  • Promoters have been increasing their shareholding - up 3.9pp over 2 years
  • Company has consistently been profitable over the last 5 years
  • Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.51x)
  • Company has been maintaining a healthy dividend payout of 34.5%
  • Company generates healthy free cash flow
  • Company has a consistent dividend-paying track record

CONS

  • A large part of profit comes from other income (112.9% of PBT)
  • Recent results are weak - TTM profit is down 76.5% versus prior year
  • Company has a low return on capital employed of 11.4%
  • Working capital days have increased from 94 to 145 days
  • Valuation is stretched - P/E of 39.8 is well above its own 5-year median (14.9)
  • Operating margins have contracted to 5.5% from 11.3%

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Capital GoodsIron & SteelSteel & Iron Products
Part ofNIFTY MICROCAP250NIFTY TOTAL MKT
S.No.Name
1.JSWSTEEL1267.5012.51309961.290.564696.00112.5847364.0011.5520.6719.60
2.TATASTEEL182.8520.69228259.992.192385.2418.8260794.2915.2612.7015.40
3.SAIL179.0017.3173936.401.311644.05120.8026245.671.257.0815.92
4.WELCORP2676.2530.5770596.970.191047.88200.114081.1214.9123.9432.17
5.JSL755.2019.1662260.170.53768.667.5611278.5410.5019.1912.09
6.APLAPOLLO2153.0048.6459779.850.39263.1110.945606.7112.0731.837.34
7.SHYAMMETL1074.3526.7029988.530.42350.7320.665455.0923.4513.8814.03
8.JINDALSAW311.8530.5219943.060.6490.79-78.154452.319.0010.388.79
9.RATNAMANI2808.1545.4719682.880.36107.03-15.82971.63-15.6318.0116.69
10.SARDAEN524.7516.3718491.210.38478.139.501608.04-1.0717.7641.59
11.GPIL244.5020.4116460.690.41222.372.751750.4732.2920.2019.36
12.ELECTCAST77.6839.784802.061.1648.37-45.701425.57-8.484.757.01
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
1,6851,9191,8692,0042,0121,8281,7801,7011,5581,3961,4721,4931,426
1,5251,6191,4631,6931,6581,5601,5251,5411,3871,3031,4381,4311,396
Operating Profit16030040631135426825516017093346229
OPM %9.52%15.65%21.74%15.53%17.57%14.65%14.33%9.38%10.93%6.65%2.32%4.14%2.06%
27182334242139392895163739
Interest57575352414045353638373227
Depreciation30303034323637374143454443
Profit before Tax100231346260305212213126121107-322369
Tax %25.21%24.33%23.97%12.57%25.78%26.95%24.71%-33.20%26.51%26.71%31.24%29.44%29.55%
Net Profit00002261551601688978-221648
1.262.944.423.713.652.512.592.721.441.27-0.350.260.78

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
2,0792,2632,6992,7113,4745,2817,2767,4787,3205,9185,786
1,7972,0122,3052,3453,0444,5906,5646,3136,3005,5925,568
Operating Profit2832513953664306917111,1651,020326218
OPM %13.59%11.11%14.62%13.50%12.37%13.08%9.78%15.58%13.93%5.52%3.77%
10686-12733-18563111116139209187
Interest210210235228211195286219161144135
Depreciation6762595790115121125142173175
Profit before Tax11165-26114-56444415937856219166
Tax %30.33%-1.68%70.47%24.63%-71.78%21.77%23.87%21.03%17.10%26.22%27.39%
Net Profit7866-886-96348316740710161121
EPS0.000.000.000.00-1.785.845.3111.9711.482.61—
Dividend Payout %12.39%8.63%0.00%8.06%-11.87%13.70%16.95%11.70%12.20%34.46%—

COMPOUNDED SALES GROWTH

10 Years:
10%
5 Years:
11%
3 Years:
-7%

COMPOUNDED PROFIT GROWTH

10 Years:
—
5 Years:
—
3 Years:
-20%

STOCK PRICE CAGR

10 Years:
13%
5 Years:
14%
3 Years:
7%
1 Year:
-21%

RETURN ON EQUITY

10 Years:
5%
5 Years:
10%
3 Years:
10%
Last Year:
3%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2026

Aug 14

₹ 0.90

Rs.0.9000 per share(90%)Final Dividend

2025

Aug 14

₹ 1.40

Rs.1.4000 per share(140%)Final Dividend

2024

Aug 16

₹ 0.90

Rs.0.9000 per share(90%)Final Dividend

2024

Feb 21

₹ 0.50

Rs.0.5000 per share(50%)Interim Dividend

2023

Sep 4

₹ 0.90

Rs.0.9000 per share(90%)Final Dividend

2022

Sep 8

₹ 0.80

Rs.0.8000 per share(80%)Final Dividend

2021

Aug 26

₹ 0.25

Rs.0.2500 per share(25%)Dividend

2020

Sep 7

₹ 0.30

Rs.0.3000 per share(30%)Final Dividend

2018

Sep 6

₹ 0.30

Rs.0.3000 per share(30%)Dividend

2017

Sep 7

₹ 0.50

Rs.0.5000 per share(50%)Dividend

2016

Sep 1

₹ 0.50

Rs.0.5000 per share(50%)Dividend

2026

Aug 6

₹ 0.90

Rs.0.9000 per share(90%)Final Dividend

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital36364143435959626262
Minority Interest0011211211
2,3492,4432,5952,8373,6674,0444,2985,0515,7205,862
2,2571,8691,9031,7722,1492,9792,6502,4462,4501,933
Trade Payables275338309386449628587545557552
6027145735548439129221,0039061,051
Total Liabilities5,5195,4015,4215,5937,1528,6248,5199,1089,6959,461
1,7071,6781,6331,7032,6332,7632,7312,9283,1023,212
Capital Work in Progress1,2101,2021,2371,1661,3371,2081,3021,2291,2491,186
590637684747202457161204145578
6306107548971,2292,2452,2692,2732,4642,398
00000001,3651,4831,071
Cash & Bank357229150100510519412400206333
1,0271,0469639811,2411,4321,6437081,047685
Total Assets5,5195,4015,4215,5937,1528,6248,5199,1089,6959,461

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
450462-29233490-1635808034801,147
Cash from Investing72-6933-20112-329168-37-142-136
Cash from Financing-332-574-5-220-419609-604-718-454-900
162-193-18-1613611749-116110

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026

Shareholding Pattern

Numbers in percentages

Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
46.2146.2146.2146.2146.2146.2146.2150.1350.13
21.1619.7319.9120.0620.2719.2619.3815.7312.80
0.441.980.610.620.200.240.240.230.36
0.230.230.230.230.230.230.230.230.23
31.9531.8433.0432.8833.0934.0733.9333.6836.49

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-01
Shareholders meeting

2026-09-01 - Electrosteel Castings Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 31, 2026. Further, the company has informed the Exchange regarding voting results.

2026-08-31
Shareholders meeting

2026-08-31 - Electrosteel Castings Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 31, 2026

2026-08-27
Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-27 - Electrosteel Castings Limited has informed the Exchange about Schedule of meet

2026-08-14
Shareholders meeting

2026-08-14 - Electrosteel Castings Limited has informed the Exchange regarding Proceedings of undefined held on August 13, 2026. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.

2026-08-12
Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-12 - Electrosteel Castings Limited has informed the Exchange about Transcript

2026-08-12
Resignation of Director/KMP/SMP

2026-08-12 - Electrosteel Castings Limited has informed the Exchange about Resignation of Director/KMP/SMP

2026-08-12
Resignation

2026-08-12 - Electrosteel Castings Limited has informed the Exchange regarding Resignation of Mr Manoj Kumar Thakur as President Growth, Business Control and Coal of the company w.e.f. August 12, 2026.

2026-08-08
Copy of Newspaper Publication

2026-08-08 - Electrosteel Castings Limited has informed the Exchange about Copy of Newspaper Publication

2026-08-07
Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-07 - Electrosteel Castings Limited has informed the Exchange about Link of Recording

News

Recent coverage and analyst commentary for ELECTCAST

Loading news…

🤖

AI Stock Analyst

Electrosteel Castings Ltd.

🔒

Sign in to Chat with AI

Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.

✨ Sign In to Chat

Free 5nance Account

5nance5nance

Stock analysis and screening tool

5nanceAI © 2020-2026

Made with ❤️ in India.

Data provided by Accord Fintech

Terms & Privacy.

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nance5nance

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nanceAI © 2020-2026

Data provided by Accord Fintech

Made with ❤️ in India.

HomeScreens
Login