Electrosteel Castings Ltd.
•₹ 73.872.75%
2026-08-21
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 36.7 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
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | JSWSTEEL | 1281.30 | 12.64 | 313336.02 | 0.55 | 4696.00 | 112.58 | 47364.00 | 11.55 | 20.67 | 19.60 |
| 2. | TATASTEEL | 184.00 | 20.82 | 229695.59 | 2.17 | 2385.24 | 18.82 | 60794.29 | 15.26 | 12.70 | 15.40 |
| 3. | SAIL | 172.50 | 16.68 | 71251.56 | 1.36 | 1644.05 | 120.80 | 26245.67 | 1.25 | 6.39 | 15.92 |
| 4. | JSL | 723.75 | 18.37 | 59667.37 | 0.55 | 768.66 | 7.56 | 11278.54 | 10.50 | 19.19 | 12.09 |
| 5. | APLAPOLLO | 2115.90 | 47.80 | 58749.74 | 0.40 | 263.11 | 10.94 | 5606.71 | 12.07 | 22.90 | 7.34 |
| 6. | WELCORP | 1974.70 | 22.56 | 52090.74 | 0.25 | 1047.88 | 200.11 | 4081.12 | 14.91 | 23.94 | 32.17 |
| 7. | SHYAMMETL | 988.70 | 24.57 | 27597.77 | 0.46 | 3507.30 | 1106.63 | 54550.90 | 1133.35 | 13.88 | 14.03 |
| 8. | SARDAEN | 512.45 | 15.98 | 18057.78 | 0.39 | 478.13 | 9.50 | 1608.04 | -1.07 | 15.84 | 41.59 |
| 9. | JINDALSAW | 268.95 | 26.32 | 17199.57 | 0.74 | 90.79 | -78.15 | 4452.31 | 9.00 | 10.38 | 8.79 |
| 10. | GPIL | 246.30 | 20.55 | 16578.39 | 0.41 | 222.37 | 2.75 | 1750.47 | 32.29 | 23.51 | 19.36 |
| 11. | RATNAMANI | 2295.95 | 37.17 | 16092.77 | 0.44 | 107.03 | -15.82 | 971.63 | -15.63 | 18.01 | 16.69 |
| 12. | ELECTCAST | 71.70 | 36.72 | 4432.38 | 1.26 | 48.37 | -45.70 | 1425.57 | -8.48 | 4.75 | 7.01 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,685 | 1,919 | 1,869 | 2,004 | 2,012 | 1,828 | 1,780 | 1,701 | 1,558 | 1,396 | 1,472 | 1,493 | 1,426 | |
| 1,525 | 1,619 | 1,463 | 1,693 | 1,658 | 1,560 | 1,525 | 1,541 | 1,387 | 1,303 | 1,438 | 1,431 | 1,396 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 27 | 18 | 23 | 34 | 24 | 21 | 39 | 39 | 28 | 95 | 54 | 37 | 39 |
| Interest | 57 | 57 | 53 | 52 | 41 | 40 | 45 | 35 | 36 | 38 | 37 | 32 | 27 |
| Depreciation | 30 | 30 | 30 | 34 | 32 | 36 | 37 | 37 | 41 | 43 | 45 | 44 | 43 |
| 100 | 231 | 346 | 260 | 305 | 212 | 213 | 126 | 121 | 107 | -32 | 23 | 69 | |
| 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 Profit | 0 | 0 | 0 | 0 | 226 | 155 | 160 | 168 | 89 | 78 | -22 | 16 | 48 |
| 1 | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 1 | 1 | -0 | 0 | 0 | |
| Equity Capital | 59 | 59 | 59 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | 62 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 59 | 59 | 59 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | 62 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 1,685
- 1,525
- Operating Profit
- —
- OPM %
- —
- Other Income
- 27
- Interest
- 57
- Depreciation
- 30
- 100
- Tax %
- 25.21%
- Net Profit
- 0
- 1
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1,919
- 1,619
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 57
- Depreciation
- 30
- 231
- Tax %
- 24.33%
- Net Profit
- 0
- 3
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1,869
- 1,463
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 53
- Depreciation
- 30
- 346
- Tax %
- 23.97%
- Net Profit
- 0
- 4
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 2,004
- 1,693
- Operating Profit
- —
- OPM %
- —
- Other Income
- 34
- Interest
- 52
- Depreciation
- 34
- 260
- Tax %
- 12.57%
- Net Profit
- 0
- 4
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 2,012
- 1,658
- Operating Profit
- —
- OPM %
- —
- Other Income
- 24
- Interest
- 41
- Depreciation
- 32
- 305
- Tax %
- 25.78%
- Net Profit
- 226
- 4
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,828
- 1,560
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 40
- Depreciation
- 36
- 212
- Tax %
- 26.95%
- Net Profit
- 155
- 3
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,780
- 1,525
- Operating Profit
- —
- OPM %
- —
- Other Income
- 39
- Interest
- 45
- Depreciation
- 37
- 213
- Tax %
- 24.71%
- Net Profit
- 160
- 3
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,701
- 1,541
- Operating Profit
- —
- OPM %
- —
- Other Income
- 39
- Interest
- 35
- Depreciation
- 37
- 126
- Tax %
- -33.20%
- Net Profit
- 168
- 3
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,558
- 1,387
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 36
- Depreciation
- 41
- 121
- Tax %
- 26.51%
- Net Profit
- 89
- 1
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,396
- 1,303
- Operating Profit
- —
- OPM %
- —
- Other Income
- 95
- Interest
- 38
- Depreciation
- 43
- 107
- Tax %
- 26.71%
- Net Profit
- 78
- 1
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,472
- 1,438
- Operating Profit
- —
- OPM %
- —
- Other Income
- 54
- Interest
- 37
- Depreciation
- 45
- -32
- Tax %
- 31.24%
- Net Profit
- -22
- -0
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,493
- 1,431
- Operating Profit
- —
- OPM %
- —
- Other Income
- 37
- Interest
- 32
- Depreciation
- 44
- 23
- Tax %
- 29.44%
- Net Profit
- 16
- 0
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,426
- 1,396
- Operating Profit
- —
- OPM %
- —
- Other Income
- 39
- Interest
- 27
- Depreciation
- 43
- 69
- Tax %
- 29.55%
- Net Profit
- 48
- 0
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,079 | 2,263 | 2,699 | 2,711 | 3,474 | 5,281 | 7,276 | 7,478 | 7,320 | 5,918 | 5,786 | |
| 1,797 | 2,012 | 2,305 | 2,345 | 3,044 | 4,590 | 6,564 | 6,313 | 6,300 | 5,592 | 5,568 | |
| Operating Profit | 389 | 337 | 452 | 399 | 489 | 754 | 822 | 1,281 | 1,159 | 574 | — |
| OPM % | 19 | 15 | 17 | 15 | 14 | 14 | 11 | 17 | 16 | 10 | — |
| Other Income | 106 | 86 | 57 | 33 | 60 | 63 | 111 | 116 | 139 | 247 | 226 |
| Interest | 210 | 210 | 235 | 228 | 211 | 195 | 286 | 219 | 161 | 144 | 135 |
| Depreciation | 67 | 62 | 59 | 57 | 90 | 115 | 121 | 125 | 142 | 173 | 175 |
| 111 | 65 | -26 | 114 | -56 | 444 | 415 | 937 | 856 | 219 | 166 | |
| Tax % | 30 | -2 | 70 | 25 | -72 | 22 | 24 | 21 | 17 | 26 | 27 |
| Net Profit | 78 | 66 | -8 | 86 | -96 | 348 | 316 | 740 | 710 | 161 | 121 |
| EPS | 0 | 0 | 0 | 0 | -2 | 6 | 5 | 12 | 11 | 3 | — |
| Dividend Payout % | 12 | 9 | 0 | 8 | -12 | 14 | 17 | 12 | 12 | 34 | — |
| Minority Interest | 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 0 |
| Share of Associates | 66 | 59 | 46 | 75 | 5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 4 | 3 | 1 | 4 | -2 | 6 | 5 | 12 | 11 | 3 | — |
| Minority Interest | 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 0 |
| Share of Associates | 66 | 59 | 46 | 75 | 5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 4 | 3 | 1 | 4 | -2 | 6 | 5 | 12 | 11 | 3 | — |
Mar 2017
- 2,079
- 1,797
- Operating Profit
- 389
- OPM %
- 19
- Other Income
- 106
- Interest
- 210
- Depreciation
- 67
- 111
- Tax %
- 30
- Net Profit
- 78
- EPS
- 0
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 66
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 66
- Adjusted EPS
- 4
Mar 2018
- 2,263
- 2,012
- Operating Profit
- 337
- OPM %
- 15
- Other Income
- 86
- Interest
- 210
- Depreciation
- 62
- 65
- Tax %
- -2
- Net Profit
- 66
- EPS
- 0
- Dividend Payout %
- 9
- Minority Interest
- -0
- Share of Associates
- 59
- Adjusted EPS
- 3
- Minority Interest
- -0
- Share of Associates
- 59
- Adjusted EPS
- 3
Mar 2019
- 2,699
- 2,305
- Operating Profit
- 452
- OPM %
- 17
- Other Income
- 57
- Interest
- 235
- Depreciation
- 59
- -26
- Tax %
- 70
- Net Profit
- -8
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 46
- Adjusted EPS
- 1
- Minority Interest
- -0
- Share of Associates
- 46
- Adjusted EPS
- 1
Mar 2020
- 2,711
- 2,345
- Operating Profit
- 399
- OPM %
- 15
- Other Income
- 33
- Interest
- 228
- Depreciation
- 57
- 114
- Tax %
- 25
- Net Profit
- 86
- EPS
- 0
- Dividend Payout %
- 8
- Minority Interest
- -0
- Share of Associates
- 75
- Adjusted EPS
- 4
- Minority Interest
- -0
- Share of Associates
- 75
- Adjusted EPS
- 4
Mar 2021
- 3,474
- 3,044
- Operating Profit
- 489
- OPM %
- 14
- Other Income
- 60
- Interest
- 211
- Depreciation
- 90
- -56
- Tax %
- -72
- Net Profit
- -96
- EPS
- -2
- Dividend Payout %
- -12
- Minority Interest
- -0
- Share of Associates
- 5
- Adjusted EPS
- -2
- Minority Interest
- -0
- Share of Associates
- 5
- Adjusted EPS
- -2
Mar 2022
- 5,281
- 4,590
- Operating Profit
- 754
- OPM %
- 14
- Other Income
- 63
- Interest
- 195
- Depreciation
- 115
- 444
- Tax %
- 22
- Net Profit
- 348
- EPS
- 6
- Dividend Payout %
- 14
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2023
- 7,276
- 6,564
- Operating Profit
- 822
- OPM %
- 11
- Other Income
- 111
- Interest
- 286
- Depreciation
- 121
- 415
- Tax %
- 24
- Net Profit
- 316
- EPS
- 5
- Dividend Payout %
- 17
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2024
- 7,478
- 6,313
- Operating Profit
- 1,281
- OPM %
- 17
- Other Income
- 116
- Interest
- 219
- Depreciation
- 125
- 937
- Tax %
- 21
- Net Profit
- 740
- EPS
- 12
- Dividend Payout %
- 12
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2025
- 7,320
- 6,300
- Operating Profit
- 1,159
- OPM %
- 16
- Other Income
- 139
- Interest
- 161
- Depreciation
- 142
- 856
- Tax %
- 17
- Net Profit
- 710
- EPS
- 11
- Dividend Payout %
- 12
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2026
- 5,918
- 5,592
- Operating Profit
- 574
- OPM %
- 10
- Other Income
- 247
- Interest
- 144
- Depreciation
- 173
- 219
- Tax %
- 26
- Net Profit
- 161
- EPS
- 3
- Dividend Payout %
- 34
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 3
TTM
- 5,786
- 5,568
- Operating Profit
- —
- OPM %
- —
- Other Income
- 226
- Interest
- 135
- Depreciation
- 175
- 166
- Tax %
- 27
- Net Profit
- 121
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
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:
- 12%
- 5 Years:
- 16%
- 3 Years:
- 6%
- 1 Year:
- -32%
RETURN ON EQUITY
- 10 Years:
- 5%
- 5 Years:
- 10%
- 3 Years:
- 10%
- Last Year:
- 3%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 36 | 36 | 41 | 43 | 43 | 59 | 59 | 62 | 62 | 62 |
| 2,349 | 2,443 | 2,595 | 2,837 | 3,667 | 4,044 | 4,298 | 5,051 | 5,720 | 5,862 | |
| 921 | 840 | 905 | 999 | 1,259 | 2,038 | 1,879 | 1,718 | 1,619 | 1,081 | |
| Trade Payables | 275 | 338 | 309 | 386 | 449 | 628 | 587 | 545 | 557 | 552 |
| 1,938 | 1,744 | 1,572 | 1,328 | 1,734 | 1,855 | 1,695 | 1,733 | 1,738 | 1,905 | |
| Total Liabilities | 5,519 | 5,401 | 5,421 | 5,593 | 7,152 | 8,624 | 8,519 | 9,108 | 9,695 | 9,461 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 1,707 | 1,678 | 1,633 | 1,703 | 2,633 | 2,763 | 2,731 | 2,928 | 3,102 | 3,212 | |
| Capital Work in Progress | 1,210 | 1,202 | 1,237 | 1,166 | 1,337 | 1,208 | 1,302 | 1,229 | 1,249 | 1,186 |
| 590 | 637 | 684 | 747 | 202 | 457 | 161 | 204 | 145 | 578 | |
| 630 | 610 | 754 | 897 | 1,229 | 2,245 | 2,269 | 2,273 | 2,464 | 2,398 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,365 | 1,483 | 1,071 | |
| Cash & Bank | 357 | 229 | 150 | 100 | 510 | 519 | 412 | 400 | 206 | 333 |
| 1,027 | 1,046 | 963 | 981 | 1,241 | 1,432 | 1,643 | 708 | 1,047 | 685 | |
| Total Assets | 5,519 | 5,401 | 5,421 | 5,593 | 7,152 | 8,624 | 8,519 | 9,108 | 9,695 | 9,461 |
| Total Debt | 2,057 | 1,697 | 1,761 | 1,718 | 2,096 | 2,930 | 2,628 | 2,266 | 2,060 | 1,513 |
| Net Working Capital | 511 | 260 | 344 | 286 | 958 | 1,363 | 1,372 | 1,677 | 1,876 | 2,355 |
| Contingent Liabilities | 390 | 390 | 272 | 175 | 207 | 223 | 190 | 189 | 184 | 178 |
| Book Value per Share | 66.81 | 69.44 | 65.00 | 66.52 | 85.69 | 69.01 | 73.29 | 82.71 | 93.53 | 95.82 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 2,057 | 1,697 | 1,761 | 1,718 | 2,096 | 2,930 | 2,628 | 2,266 | 2,060 | 1,513 |
| Net Working Capital | 511 | 260 | 344 | 286 | 958 | 1,363 | 1,372 | 1,677 | 1,876 | 2,355 |
| Contingent Liabilities | 390 | 390 | 272 | 175 | 207 | 223 | 190 | 189 | 184 | 178 |
| Book Value per Share | 66.81 | 69.44 | 65.00 | 66.52 | 85.69 | 69.01 | 73.29 | 82.71 | 93.53 | 95.82 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2017
- Equity Capital
- 36
- 2,349
- 921
- Trade Payables
- 275
- 1,938
- Total Liabilities
- 5,519
- 1,707
- Capital Work in Progress
- 1,210
- 590
- 630
- 0
- Cash & Bank
- 357
- 1,027
- Total Assets
- 5,519
- Total Debt
- 2,057
- Net Working Capital
- 511
- Contingent Liabilities
- 390
- Book Value per Share
- 66.81
- Face Value
- 1.00
- Total Debt
- 2,057
- Net Working Capital
- 511
- Contingent Liabilities
- 390
- Book Value per Share
- 66.81
- Face Value
- 1.00
Mar 2018
- Equity Capital
- 36
- 2,443
- 840
- Trade Payables
- 338
- 1,744
- Total Liabilities
- 5,401
- 1,678
- Capital Work in Progress
- 1,202
- 637
- 610
- 0
- Cash & Bank
- 229
- 1,046
- Total Assets
- 5,401
- Total Debt
- 1,697
- Net Working Capital
- 260
- Contingent Liabilities
- 390
- Book Value per Share
- 69.44
- Face Value
- 1.00
- Total Debt
- 1,697
- Net Working Capital
- 260
- Contingent Liabilities
- 390
- Book Value per Share
- 69.44
- Face Value
- 1.00
Mar 2019
- Equity Capital
- 41
- 2,595
- 905
- Trade Payables
- 309
- 1,572
- Total Liabilities
- 5,421
- 1,633
- Capital Work in Progress
- 1,237
- 684
- 754
- 0
- Cash & Bank
- 150
- 963
- Total Assets
- 5,421
- Total Debt
- 1,761
- Net Working Capital
- 344
- Contingent Liabilities
- 272
- Book Value per Share
- 65.00
- Face Value
- 1.00
- Total Debt
- 1,761
- Net Working Capital
- 344
- Contingent Liabilities
- 272
- Book Value per Share
- 65.00
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 43
- 2,837
- 999
- Trade Payables
- 386
- 1,328
- Total Liabilities
- 5,593
- 1,703
- Capital Work in Progress
- 1,166
- 747
- 897
- 0
- Cash & Bank
- 100
- 981
- Total Assets
- 5,593
- Total Debt
- 1,718
- Net Working Capital
- 286
- Contingent Liabilities
- 175
- Book Value per Share
- 66.52
- Face Value
- 1.00
- Total Debt
- 1,718
- Net Working Capital
- 286
- Contingent Liabilities
- 175
- Book Value per Share
- 66.52
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 43
- 3,667
- 1,259
- Trade Payables
- 449
- 1,734
- Total Liabilities
- 7,152
- 2,633
- Capital Work in Progress
- 1,337
- 202
- 1,229
- 0
- Cash & Bank
- 510
- 1,241
- Total Assets
- 7,152
- Total Debt
- 2,096
- Net Working Capital
- 958
- Contingent Liabilities
- 207
- Book Value per Share
- 85.69
- Face Value
- 1.00
- Total Debt
- 2,096
- Net Working Capital
- 958
- Contingent Liabilities
- 207
- Book Value per Share
- 85.69
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 59
- 4,044
- 2,038
- Trade Payables
- 628
- 1,855
- Total Liabilities
- 8,624
- 2,763
- Capital Work in Progress
- 1,208
- 457
- 2,245
- 0
- Cash & Bank
- 519
- 1,432
- Total Assets
- 8,624
- Total Debt
- 2,930
- Net Working Capital
- 1,363
- Contingent Liabilities
- 223
- Book Value per Share
- 69.01
- Face Value
- 1.00
- Total Debt
- 2,930
- Net Working Capital
- 1,363
- Contingent Liabilities
- 223
- Book Value per Share
- 69.01
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 59
- 4,298
- 1,879
- Trade Payables
- 587
- 1,695
- Total Liabilities
- 8,519
- 2,731
- Capital Work in Progress
- 1,302
- 161
- 2,269
- 0
- Cash & Bank
- 412
- 1,643
- Total Assets
- 8,519
- Total Debt
- 2,628
- Net Working Capital
- 1,372
- Contingent Liabilities
- 190
- Book Value per Share
- 73.29
- Face Value
- 1.00
- Total Debt
- 2,628
- Net Working Capital
- 1,372
- Contingent Liabilities
- 190
- Book Value per Share
- 73.29
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 62
- 5,051
- 1,718
- Trade Payables
- 545
- 1,733
- Total Liabilities
- 9,108
- 2,928
- Capital Work in Progress
- 1,229
- 204
- 2,273
- 1,365
- Cash & Bank
- 400
- 708
- Total Assets
- 9,108
- Total Debt
- 2,266
- Net Working Capital
- 1,677
- Contingent Liabilities
- 189
- Book Value per Share
- 82.71
- Face Value
- 1.00
- Total Debt
- 2,266
- Net Working Capital
- 1,677
- Contingent Liabilities
- 189
- Book Value per Share
- 82.71
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 62
- 5,720
- 1,619
- Trade Payables
- 557
- 1,738
- Total Liabilities
- 9,695
- 3,102
- Capital Work in Progress
- 1,249
- 145
- 2,464
- 1,483
- Cash & Bank
- 206
- 1,047
- Total Assets
- 9,695
- Total Debt
- 2,060
- Net Working Capital
- 1,876
- Contingent Liabilities
- 184
- Book Value per Share
- 93.53
- Face Value
- 1.00
- Total Debt
- 2,060
- Net Working Capital
- 1,876
- Contingent Liabilities
- 184
- Book Value per Share
- 93.53
- Face Value
- 1.00
Mar 2026
- Equity Capital
- 62
- 5,862
- 1,081
- Trade Payables
- 552
- 1,905
- Total Liabilities
- 9,461
- 3,212
- Capital Work in Progress
- 1,186
- 578
- 2,398
- 1,071
- Cash & Bank
- 333
- 685
- Total Assets
- 9,461
- Total Debt
- 1,513
- Net Working Capital
- 2,355
- Contingent Liabilities
- 178
- Book Value per Share
- 95.82
- Face Value
- 1.00
- Total Debt
- 1,513
- Net Working Capital
- 2,355
- Contingent Liabilities
- 178
- Book Value per Share
- 95.82
- Face Value
- 1.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 421 | 450 | -46 | 225 | 444 | -279 | 452 | 803 | 480 | 1,147 | |
| Cash from Investing | 72 | -69 | 33 | -20 | 112 | -329 | 168 | -37 | -142 | -136 |
| Cash from Financing | -332 | -574 | -5 | -220 | -419 | 609 | -604 | -718 | -454 | -900 |
| 162 | -193 | -18 | -16 | 136 | 1 | 17 | 49 | -116 | 110 | |
| Free Cash Flow | 421 | 430 | -86 | 171 | -941 | -346 | 279 | 592 | 137 | 883 |
| OCF / Net Profit | 5.43 | 6.87 | 6.12 | 2.60 | -4.61 | -0.80 | 1.43 | 1.08 | 0.68 | 7.10 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -5 | -772 | -923 | -246 | -279 | 1,545 |
| OCF / Net Profit | 5.43 | 6.87 | 6.12 | 2.60 | -4.61 | -0.80 | 1.43 | 1.08 | 0.68 | 7.10 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -5 | -772 | -923 | -246 | -279 | 1,545 |
Mar 2017
- 421
- Cash from Investing
- 72
- Cash from Financing
- -332
- 162
- Free Cash Flow
- 421
- OCF / Net Profit
- 5.43
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 5.43
- Cumulative 5-Year FCF
- 0
Mar 2018
- 450
- Cash from Investing
- -69
- Cash from Financing
- -574
- -193
- Free Cash Flow
- 430
- OCF / Net Profit
- 6.87
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 6.87
- Cumulative 5-Year FCF
- 0
Mar 2019
- -46
- Cash from Investing
- 33
- Cash from Financing
- -5
- -18
- Free Cash Flow
- -86
- OCF / Net Profit
- 6.12
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 6.12
- Cumulative 5-Year FCF
- 0
Mar 2020
- 225
- Cash from Investing
- -20
- Cash from Financing
- -220
- -16
- Free Cash Flow
- 171
- OCF / Net Profit
- 2.60
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.60
- Cumulative 5-Year FCF
- 0
Mar 2021
- 444
- Cash from Investing
- 112
- Cash from Financing
- -419
- 136
- Free Cash Flow
- -941
- OCF / Net Profit
- -4.61
- Cumulative 5-Year FCF
- -5
- OCF / Net Profit
- -4.61
- Cumulative 5-Year FCF
- -5
Mar 2022
- -279
- Cash from Investing
- -329
- Cash from Financing
- 609
- 1
- Free Cash Flow
- -346
- OCF / Net Profit
- -0.80
- Cumulative 5-Year FCF
- -772
- OCF / Net Profit
- -0.80
- Cumulative 5-Year FCF
- -772
Mar 2023
- 452
- Cash from Investing
- 168
- Cash from Financing
- -604
- 17
- Free Cash Flow
- 279
- OCF / Net Profit
- 1.43
- Cumulative 5-Year FCF
- -923
- OCF / Net Profit
- 1.43
- Cumulative 5-Year FCF
- -923
Mar 2024
- 803
- Cash from Investing
- -37
- Cash from Financing
- -718
- 49
- Free Cash Flow
- 592
- OCF / Net Profit
- 1.08
- Cumulative 5-Year FCF
- -246
- OCF / Net Profit
- 1.08
- Cumulative 5-Year FCF
- -246
Mar 2025
- 480
- Cash from Investing
- -142
- Cash from Financing
- -454
- -116
- Free Cash Flow
- 137
- OCF / Net Profit
- 0.68
- Cumulative 5-Year FCF
- -279
- OCF / Net Profit
- 0.68
- Cumulative 5-Year FCF
- -279
Mar 2026
- 1,147
- Cash from Investing
- -136
- Cash from Financing
- -900
- 110
- Free Cash Flow
- 883
- OCF / Net Profit
- 7.10
- Cumulative 5-Year FCF
- 1,545
- OCF / Net Profit
- 7.10
- Cumulative 5-Year FCF
- 1,545
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 4.04 | 3.47 | 0.94 | 3.72 | -2.11 | 5.84 | 5.31 | 11.97 | 11.48 | 2.61 |
| Book Value (₹) | 66.81 | 69.44 | 65.00 | 66.52 | 85.69 | 69.01 | 73.29 | 82.71 | 93.53 | 95.82 |
| Dividend per Share (₹) | 0.50 | 0.30 | 0.00 | 0.30 | 0.25 | 0.80 | 0.90 | 1.40 | 1.40 | 0.90 |
| Cash EPS (₹) | 4.05 | 3.59 | 1.26 | 3.31 | -0.14 | 7.77 | 7.36 | 13.99 | 13.78 | 5.40 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 18.35% | 14.87% | 16.73% | 14.73% | 14.08% | 14.27% | 11.30% | 15.58% | 13.93% | 5.52% |
| Net Margin % | 3.67% | 2.89% | -0.28% | 3.18% | -2.77% | 6.58% | 4.35% | 9.90% | 9.70% | 2.73% |
| ROE % | 3.18% | 2.70% | -0.29% | 3.13% | -2.92% | 8.90% | 7.48% | 15.63% | 13.03% | 2.76% |
| ROCE % | 7.06% | 6.38% | 4.88% | 7.61% | 2.98% | 9.94% | 9.99% | 16.07% | 13.36% | 4.75% |
| 1.38% | 1.20% | -0.14% | 1.57% | -1.51% | 4.41% | 3.69% | 8.40% | 7.55% | 1.69% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 86 | 79 | 77 | 83 | 73 | 59 | 50 | 59 | 71 | 79 |
| Inventory Days | 105 | 100 | 92 | 111 | 112 | 120 | 113 | 111 | 118 | 150 |
| Payable Days | 113 | 93 | 68 | 78 | 77 | 73 | 50 | 49 | 54 | 62 |
| 78 | 86 | 101 | 115 | 107 | 106 | 114 | 121 | 135 | 167 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.86x | 0.68x | 0.67x | 0.60x | 0.56x | 0.71x | 0.60x | 0.44x | 0.36x | 0.26x |
| Interest Coverage (x) | 1.53x | 1.31x | 0.89x | 1.50x | 0.73x | 3.28x | 2.45x | 5.28x | 6.33x | 2.52x |
| 1.35x | 1.17x | 1.23x | 1.18x | 1.46x | 1.44x | 1.47x | 1.58x | 1.68x | 2.00x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -5.68% | 8.85% | 19.28% | 0.43% | 28.15% | 52.00% | 37.77% | 2.78% | -2.11% | -19.15% |
| Operating Profit Growth % | 29.55% | -13.24% | 33.92% | -11.60% | 22.56% | 54.03% | 9.13% | 55.70% | -9.51% | -50.51% |
| Net Profit Growth % | 118.61% | -15.48% | -111.49% | 1244.38% | -211.51% | 461.19% | -9.02% | 134.05% | -4.11% | -77.25% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 125.35% | -4.10% | -77.25% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 14.90x | 8.56x | 28.19x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.16x | 1.05x | 0.77x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.79% | 1.42% | 1.22% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 10.07x | 6.84x | 9.99x |
Mar 2017
- EPS (₹)
- 4.04
- Book Value (₹)
- 66.81
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 4.05
- Operating Margin %
- 18.35%
- Net Margin %
- 3.67%
- ROE %
- 3.18%
- ROCE %
- 7.06%
- 1.38%
- Debtor Days
- 86
- Inventory Days
- 105
- Payable Days
- 113
- 78
- Debt to Equity (x)
- 0.86x
- Interest Coverage (x)
- 1.53x
- 1.35x
- Revenue Growth %
- -5.68%
- Operating Profit Growth %
- 29.55%
- Net Profit Growth %
- 118.61%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 3.47
- Book Value (₹)
- 69.44
- Dividend per Share (₹)
- 0.30
- Cash EPS (₹)
- 3.59
- Operating Margin %
- 14.87%
- Net Margin %
- 2.89%
- ROE %
- 2.70%
- ROCE %
- 6.38%
- 1.20%
- Debtor Days
- 79
- Inventory Days
- 100
- Payable Days
- 93
- 86
- Debt to Equity (x)
- 0.68x
- Interest Coverage (x)
- 1.31x
- 1.17x
- Revenue Growth %
- 8.85%
- Operating Profit Growth %
- -13.24%
- Net Profit Growth %
- -15.48%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 0.94
- Book Value (₹)
- 65.00
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.26
- Operating Margin %
- 16.73%
- Net Margin %
- -0.28%
- ROE %
- -0.29%
- ROCE %
- 4.88%
- -0.14%
- Debtor Days
- 77
- Inventory Days
- 92
- Payable Days
- 68
- 101
- Debt to Equity (x)
- 0.67x
- Interest Coverage (x)
- 0.89x
- 1.23x
- Revenue Growth %
- 19.28%
- Operating Profit Growth %
- 33.92%
- Net Profit Growth %
- -111.49%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 3.72
- Book Value (₹)
- 66.52
- Dividend per Share (₹)
- 0.30
- Cash EPS (₹)
- 3.31
- Operating Margin %
- 14.73%
- Net Margin %
- 3.18%
- ROE %
- 3.13%
- ROCE %
- 7.61%
- 1.57%
- Debtor Days
- 83
- Inventory Days
- 111
- Payable Days
- 78
- 115
- Debt to Equity (x)
- 0.60x
- Interest Coverage (x)
- 1.50x
- 1.18x
- Revenue Growth %
- 0.43%
- Operating Profit Growth %
- -11.60%
- Net Profit Growth %
- 1244.38%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -2.11
- Book Value (₹)
- 85.69
- Dividend per Share (₹)
- 0.25
- Cash EPS (₹)
- -0.14
- Operating Margin %
- 14.08%
- Net Margin %
- -2.77%
- ROE %
- -2.92%
- ROCE %
- 2.98%
- -1.51%
- Debtor Days
- 73
- Inventory Days
- 112
- Payable Days
- 77
- 107
- Debt to Equity (x)
- 0.56x
- Interest Coverage (x)
- 0.73x
- 1.46x
- Revenue Growth %
- 28.15%
- Operating Profit Growth %
- 22.56%
- Net Profit Growth %
- -211.51%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 5.84
- Book Value (₹)
- 69.01
- Dividend per Share (₹)
- 0.80
- Cash EPS (₹)
- 7.77
- Operating Margin %
- 14.27%
- Net Margin %
- 6.58%
- ROE %
- 8.90%
- ROCE %
- 9.94%
- 4.41%
- Debtor Days
- 59
- Inventory Days
- 120
- Payable Days
- 73
- 106
- Debt to Equity (x)
- 0.71x
- Interest Coverage (x)
- 3.28x
- 1.44x
- Revenue Growth %
- 52.00%
- Operating Profit Growth %
- 54.03%
- Net Profit Growth %
- 461.19%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 5.31
- Book Value (₹)
- 73.29
- Dividend per Share (₹)
- 0.90
- Cash EPS (₹)
- 7.36
- Operating Margin %
- 11.30%
- Net Margin %
- 4.35%
- ROE %
- 7.48%
- ROCE %
- 9.99%
- 3.69%
- Debtor Days
- 50
- Inventory Days
- 113
- Payable Days
- 50
- 114
- Debt to Equity (x)
- 0.60x
- Interest Coverage (x)
- 2.45x
- 1.47x
- Revenue Growth %
- 37.77%
- Operating Profit Growth %
- 9.13%
- Net Profit Growth %
- -9.02%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 11.97
- Book Value (₹)
- 82.71
- Dividend per Share (₹)
- 1.40
- Cash EPS (₹)
- 13.99
- Operating Margin %
- 15.58%
- Net Margin %
- 9.90%
- ROE %
- 15.63%
- ROCE %
- 16.07%
- 8.40%
- Debtor Days
- 59
- Inventory Days
- 111
- Payable Days
- 49
- 121
- Debt to Equity (x)
- 0.44x
- Interest Coverage (x)
- 5.28x
- 1.58x
- Revenue Growth %
- 2.78%
- Operating Profit Growth %
- 55.70%
- Net Profit Growth %
- 134.05%
- 125.35%
- P/E (x)
- 14.90x
- P/B (x)
- 2.16x
- Dividend Yield %
- 0.79%
- 10.07x
Mar 2025
- EPS (₹)
- 11.48
- Book Value (₹)
- 93.53
- Dividend per Share (₹)
- 1.40
- Cash EPS (₹)
- 13.78
- Operating Margin %
- 13.93%
- Net Margin %
- 9.70%
- ROE %
- 13.03%
- ROCE %
- 13.36%
- 7.55%
- Debtor Days
- 71
- Inventory Days
- 118
- Payable Days
- 54
- 135
- Debt to Equity (x)
- 0.36x
- Interest Coverage (x)
- 6.33x
- 1.68x
- Revenue Growth %
- -2.11%
- Operating Profit Growth %
- -9.51%
- Net Profit Growth %
- -4.11%
- -4.10%
- P/E (x)
- 8.56x
- P/B (x)
- 1.05x
- Dividend Yield %
- 1.42%
- 6.84x
Mar 2026
- EPS (₹)
- 2.61
- Book Value (₹)
- 95.82
- Dividend per Share (₹)
- 0.90
- Cash EPS (₹)
- 5.40
- Operating Margin %
- 5.52%
- Net Margin %
- 2.73%
- ROE %
- 2.76%
- ROCE %
- 4.75%
- 1.69%
- Debtor Days
- 79
- Inventory Days
- 150
- Payable Days
- 62
- 167
- Debt to Equity (x)
- 0.26x
- Interest Coverage (x)
- 2.52x
- 2.00x
- Revenue Growth %
- -19.15%
- Operating Profit Growth %
- -50.51%
- Net Profit Growth %
- -77.25%
- -77.25%
- P/E (x)
- 28.19x
- P/B (x)
- 0.77x
- Dividend Yield %
- 1.22%
- 9.99x
Documents
Announcements
- 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.
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-12 - Electrosteel Castings Limited has informed the Exchange about Transcript
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
May 2026
Feb 2026