Electrosteel Castings Ltd.
•₹ 73.872.75%
2026-08-21
PROS
- Promoters have been increasing their shareholding - up 3.9pp over 2 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.37x)
- Company has been maintaining a healthy dividend payout of 42.4%
- Company generates healthy free cash flow
- Company has a consistent dividend-paying track record
- Company maintains a comfortable, low leverage position
CONS
- A large part of profit comes from other income (122.3% of PBT)
- Recent results are weak - TTM profit is down 90.4% versus prior year
- Company has a low return on capital employed of 11.5%
- Working capital days have increased from 95 to 150 days
- Valuation is stretched - P/E of 34.7 is well above its own 5-year median (15.0)
- Company has delivered a poor profit growth of 0.1% over past five years
* 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 | 1296.00 | 12.79 | 316930.83 | 0.55 | 4696.00 | 112.58 | 47364.00 | 11.55 | 20.67 | 19.60 |
| 2. | TATASTEEL | 183.25 | 20.73 | 228759.33 | 2.18 | 2385.24 | 18.82 | 60794.29 | 15.26 | 12.70 | 15.40 |
| 3. | SAIL | 174.85 | 16.90 | 72222.23 | 1.34 | 1644.05 | 120.80 | 26245.67 | 1.25 | 6.39 | 15.92 |
| 4. | APLAPOLLO | 2142.50 | 48.40 | 59488.31 | 0.40 | 263.11 | 10.94 | 5606.71 | 12.07 | 22.90 | 7.34 |
| 5. | JSL | 718.45 | 18.23 | 59230.43 | 0.56 | 768.66 | 7.56 | 11278.54 | 10.50 | 19.19 | 12.09 |
| 6. | WELCORP | 2004.10 | 22.89 | 52866.28 | 0.25 | 1047.88 | 200.11 | 4081.12 | 14.91 | 23.94 | 32.17 |
| 7. | SHYAMMETL | 996.80 | 24.77 | 27823.86 | 0.45 | 3507.30 | 1106.63 | 54550.90 | 1133.35 | 13.88 | 14.03 |
| 8. | SARDAEN | 508.30 | 15.85 | 17911.54 | 0.39 | 478.13 | 9.50 | 1608.04 | -1.07 | 15.84 | 41.59 |
| 9. | JINDALSAW | 269.60 | 26.38 | 17241.14 | 0.74 | 90.79 | -78.15 | 4452.31 | 9.00 | 10.38 | 8.79 |
| 10. | GPIL | 247.45 | 20.65 | 16655.80 | 0.40 | 222.37 | 2.75 | 1750.47 | 32.29 | 23.51 | 19.36 |
| 11. | RATNAMANI | 2285.90 | 37.01 | 16022.33 | 0.44 | 107.03 | -15.82 | 971.63 | -15.63 | 18.01 | 16.69 |
| 12. | ELECTCAST | 71.84 | 36.79 | 4441.04 | 1.25 | 48.37 | -45.70 | 1425.57 | -8.48 | 4.75 | 7.01 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,495 | 1,870 | 1,797 | 1,776 | 1,832 | 1,692 | 1,659 | 1,563 | 1,402 | 1,192 | 1,242 | 1,197 | 1,091 | |
| 1,345 | 1,558 | 1,402 | 1,493 | 1,498 | 1,443 | 1,395 | 1,388 | 1,240 | 1,110 | 1,208 | 1,171 | 1,107 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 35 | 18 | 18 | 35 | 19 | 20 | 16 | 38 | 24 | 91 | 49 | 32 | 28 |
| Interest | 51 | 55 | 50 | 46 | 37 | 35 | 40 | 31 | 33 | 34 | 33 | 27 | 22 |
| Depreciation | 28 | 29 | 28 | 30 | 30 | 31 | 33 | 33 | 37 | 38 | 38 | 38 | 37 |
| 105 | 247 | 335 | 243 | 287 | 204 | 207 | 149 | 117 | 102 | -26 | -8 | 12 | |
| Tax % | 22.19% | 25.63% | 24.73% | 9.96% | 26.00% | 25.41% | 24.00% | -27.71% | 26.44% | 25.48% | 23.92% | -39.19% | 51.31% |
| Net Profit | 81 | 184 | 252 | 219 | 212 | 152 | 157 | 191 | 86 | 76 | -20 | -11 | 6 |
| 1 | 3 | 4 | 4 | 3 | 2 | 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
- 1,495
- 1,345
- Operating Profit
- —
- OPM %
- —
- Other Income
- 35
- Interest
- 51
- Depreciation
- 28
- 105
- Tax %
- 22.19%
- Net Profit
- 81
- 1
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1,870
- 1,558
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 55
- Depreciation
- 29
- 247
- Tax %
- 25.63%
- Net Profit
- 184
- 3
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1,797
- 1,402
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 50
- Depreciation
- 28
- 335
- Tax %
- 24.73%
- Net Profit
- 252
- 4
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 59
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,776
- 1,493
- Operating Profit
- —
- OPM %
- —
- Other Income
- 35
- Interest
- 46
- Depreciation
- 30
- 243
- Tax %
- 9.96%
- Net Profit
- 219
- 4
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,832
- 1,498
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 37
- Depreciation
- 30
- 287
- Tax %
- 26.00%
- Net Profit
- 212
- 3
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,692
- 1,443
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 35
- Depreciation
- 31
- 204
- Tax %
- 25.41%
- Net Profit
- 152
- 2
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,659
- 1,395
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 40
- Depreciation
- 33
- 207
- Tax %
- 24.00%
- Net Profit
- 157
- 3
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,563
- 1,388
- Operating Profit
- —
- OPM %
- —
- Other Income
- 38
- Interest
- 31
- Depreciation
- 33
- 149
- Tax %
- -27.71%
- Net Profit
- 191
- 3
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,402
- 1,240
- Operating Profit
- —
- OPM %
- —
- Other Income
- 24
- Interest
- 33
- Depreciation
- 37
- 117
- Tax %
- 26.44%
- Net Profit
- 86
- 1
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,192
- 1,110
- Operating Profit
- —
- OPM %
- —
- Other Income
- 91
- Interest
- 34
- Depreciation
- 38
- 102
- Tax %
- 25.48%
- Net Profit
- 76
- 1
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,242
- 1,208
- Operating Profit
- —
- OPM %
- —
- Other Income
- 49
- Interest
- 33
- Depreciation
- 38
- -26
- Tax %
- 23.92%
- Net Profit
- -20
- -0
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,197
- 1,171
- Operating Profit
- —
- OPM %
- —
- Other Income
- 32
- Interest
- 27
- Depreciation
- 38
- -8
- Tax %
- -39.19%
- Net Profit
- -11
- -0
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,091
- 1,107
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 22
- Depreciation
- 37
- 12
- Tax %
- 51.31%
- Net Profit
- 6
- 0
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 62
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,794 | 2,021 | 2,391 | 2,480 | 3,076 | 5,015 | 6,916 | 6,938 | 6,746 | 5,033 | 4,722 | |
| 1,517 | 1,797 | 2,044 | 2,126 | 2,693 | 4,386 | 6,220 | 5,812 | 5,740 | 4,759 | 4,596 | |
| Operating Profit | 373 | 305 | 411 | 371 | 452 | 716 | 819 | 1,246 | 1,116 | 499 | — |
| OPM % | 21 | 15 | 17 | 15 | 15 | 14 | 12 | 18 | 17 | 10 | — |
| Other Income | 97 | 81 | 64 | 17 | 69 | 87 | 123 | 119 | 110 | 226 | 199 |
| Interest | 201 | 202 | 225 | 195 | 202 | 185 | 272 | 202 | 142 | 127 | 116 |
| Depreciation | 64 | 59 | 55 | 53 | 79 | 113 | 114 | 114 | 127 | 149 | 149 |
| 108 | 44 | -659 | 124 | 172 | 419 | 433 | 930 | 847 | 185 | 80 | |
| Tax % | 29 | -8 | 4 | 20 | 24 | 22 | 23 | 21 | 16 | 29 | 36 |
| Net Profit | 77 | 47 | -636 | 99 | 131 | 326 | 335 | 736 | 712 | 131 | 51 |
| EPS | 0 | 0 | 0 | 0 | 3 | 5 | 6 | 12 | 12 | 2 | — |
| Dividend Payout % | 23 | 23 | 0 | 13 | 8 | 15 | 16 | 12 | 12 | 42 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 2 | 1 | -16 | 2 | 3 | 5 | 6 | 12 | 12 | 2 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 2 | 1 | -16 | 2 | 3 | 5 | 6 | 12 | 12 | 2 | — |
Mar 2017
- 1,794
- 1,517
- Operating Profit
- 373
- OPM %
- 21
- Other Income
- 97
- Interest
- 201
- Depreciation
- 64
- 108
- Tax %
- 29
- Net Profit
- 77
- EPS
- 0
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2018
- 2,021
- 1,797
- Operating Profit
- 305
- OPM %
- 15
- Other Income
- 81
- Interest
- 202
- Depreciation
- 59
- 44
- Tax %
- -8
- Net Profit
- 47
- EPS
- 0
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2019
- 2,391
- 2,044
- Operating Profit
- 411
- OPM %
- 17
- Other Income
- 64
- Interest
- 225
- Depreciation
- 55
- -659
- Tax %
- 4
- Net Profit
- -636
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -16
Mar 2020
- 2,480
- 2,126
- Operating Profit
- 371
- OPM %
- 15
- Other Income
- 17
- Interest
- 195
- Depreciation
- 53
- 124
- Tax %
- 20
- Net Profit
- 99
- EPS
- 0
- Dividend Payout %
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2021
- 3,076
- 2,693
- Operating Profit
- 452
- OPM %
- 15
- Other Income
- 69
- Interest
- 202
- Depreciation
- 79
- 172
- Tax %
- 24
- Net Profit
- 131
- EPS
- 3
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2022
- 5,015
- 4,386
- Operating Profit
- 716
- OPM %
- 14
- Other Income
- 87
- Interest
- 185
- Depreciation
- 113
- 419
- Tax %
- 22
- Net Profit
- 326
- EPS
- 5
- Dividend Payout %
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2023
- 6,916
- 6,220
- Operating Profit
- 819
- OPM %
- 12
- Other Income
- 123
- Interest
- 272
- Depreciation
- 114
- 433
- Tax %
- 23
- Net Profit
- 335
- EPS
- 6
- Dividend Payout %
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2024
- 6,938
- 5,812
- Operating Profit
- 1,246
- OPM %
- 18
- Other Income
- 119
- Interest
- 202
- Depreciation
- 114
- 930
- Tax %
- 21
- Net Profit
- 736
- 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
- 6,746
- 5,740
- Operating Profit
- 1,116
- OPM %
- 17
- Other Income
- 110
- Interest
- 142
- Depreciation
- 127
- 847
- Tax %
- 16
- Net Profit
- 712
- 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 2026
- 5,033
- 4,759
- Operating Profit
- 499
- OPM %
- 10
- Other Income
- 226
- Interest
- 127
- Depreciation
- 149
- 185
- Tax %
- 29
- Net Profit
- 131
- EPS
- 2
- Dividend Payout %
- 42
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
TTM
- 4,722
- 4,596
- Operating Profit
- —
- OPM %
- —
- Other Income
- 199
- Interest
- 116
- Depreciation
- 149
- 80
- Tax %
- 36
- Net Profit
- 51
- 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:
- 10%
- 3 Years:
- -10%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 9%
- 5 Years:
- 0%
- 3 Years:
- -27%
STOCK PRICE CAGR
- 10 Years:
- 12%
- 5 Years:
- 16%
- 3 Years:
- 7%
- 1 Year:
- -30%
RETURN ON EQUITY
- 10 Years:
- 4%
- 5 Years:
- 10%
- 3 Years:
- 11%
- Last Year:
- 2%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 2,829 | 2,856 | 2,339 | 2,505 | 3,577 | 3,928 | 4,186 | 4,930 | 5,575 | 5,622 | |
| 789 | 709 | 766 | 814 | 1,038 | 1,867 | 1,730 | 1,493 | 1,401 | 850 | |
| Trade Payables | 205 | 279 | 276 | 332 | 401 | 562 | 512 | 491 | 465 | 425 |
| 1,916 | 1,720 | 1,552 | 1,290 | 1,676 | 1,790 | 1,604 | 1,612 | 1,657 | 1,675 | |
| Total Liabilities | 5,775 | 5,600 | 4,973 | 4,985 | 6,735 | 8,205 | 8,092 | 8,588 | 9,160 | 8,634 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 1,640 | 1,603 | 1,579 | 1,633 | 2,557 | 2,688 | 2,645 | 2,819 | 2,947 | 2,969 | |
| Capital Work in Progress | 1,210 | 1,202 | 1,237 | 1,165 | 1,328 | 1,208 | 1,302 | 1,228 | 1,249 | 1,185 |
| 1,147 | 1,147 | 542 | 540 | 266 | 520 | 225 | 268 | 251 | 802 | |
| 439 | 408 | 563 | 614 | 965 | 1,841 | 1,694 | 1,738 | 1,884 | 1,601 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,562 | 1,712 | 1,223 | |
| Cash & Bank | 333 | 203 | 132 | 63 | 451 | 457 | 382 | 343 | 148 | 207 |
| 1,007 | 1,037 | 922 | 970 | 1,168 | 1,491 | 1,844 | 629 | 970 | 646 | |
| Total Assets | 5,775 | 5,600 | 4,973 | 4,985 | 6,735 | 8,205 | 8,092 | 8,588 | 9,160 | 8,634 |
| Total Debt | 1,917 | 1,564 | 1,619 | 1,532 | 1,861 | 2,705 | 2,436 | 2,010 | 1,801 | 1,202 |
| Net Working Capital | 493 | 235 | 280 | 218 | 869 | 1,218 | 1,265 | 1,588 | 1,759 | 2,061 |
| Contingent Liabilities | 346 | 359 | 268 | 256 | 287 | 265 | 246 | 206 | 240 | 246 |
| Book Value per Share | 80.25 | 81.02 | 58.68 | 58.86 | 83.63 | 67.06 | 71.40 | 80.75 | 91.19 | 91.94 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 1,917 | 1,564 | 1,619 | 1,532 | 1,861 | 2,705 | 2,436 | 2,010 | 1,801 | 1,202 |
| Net Working Capital | 493 | 235 | 280 | 218 | 869 | 1,218 | 1,265 | 1,588 | 1,759 | 2,061 |
| Contingent Liabilities | 346 | 359 | 268 | 256 | 287 | 265 | 246 | 206 | 240 | 246 |
| Book Value per Share | 80.25 | 81.02 | 58.68 | 58.86 | 83.63 | 67.06 | 71.40 | 80.75 | 91.19 | 91.94 |
| 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
- 2,829
- 789
- Trade Payables
- 205
- 1,916
- Total Liabilities
- 5,775
- 1,640
- Capital Work in Progress
- 1,210
- 1,147
- 439
- 0
- Cash & Bank
- 333
- 1,007
- Total Assets
- 5,775
- Total Debt
- 1,917
- Net Working Capital
- 493
- Contingent Liabilities
- 346
- Book Value per Share
- 80.25
- Face Value
- 1.00
- Total Debt
- 1,917
- Net Working Capital
- 493
- Contingent Liabilities
- 346
- Book Value per Share
- 80.25
- Face Value
- 1.00
Mar 2018
- Equity Capital
- 36
- 2,856
- 709
- Trade Payables
- 279
- 1,720
- Total Liabilities
- 5,600
- 1,603
- Capital Work in Progress
- 1,202
- 1,147
- 408
- 0
- Cash & Bank
- 203
- 1,037
- Total Assets
- 5,600
- Total Debt
- 1,564
- Net Working Capital
- 235
- Contingent Liabilities
- 359
- Book Value per Share
- 81.02
- Face Value
- 1.00
- Total Debt
- 1,564
- Net Working Capital
- 235
- Contingent Liabilities
- 359
- Book Value per Share
- 81.02
- Face Value
- 1.00
Mar 2019
- Equity Capital
- 41
- 2,339
- 766
- Trade Payables
- 276
- 1,552
- Total Liabilities
- 4,973
- 1,579
- Capital Work in Progress
- 1,237
- 542
- 563
- 0
- Cash & Bank
- 132
- 922
- Total Assets
- 4,973
- Total Debt
- 1,619
- Net Working Capital
- 280
- Contingent Liabilities
- 268
- Book Value per Share
- 58.68
- Face Value
- 1.00
- Total Debt
- 1,619
- Net Working Capital
- 280
- Contingent Liabilities
- 268
- Book Value per Share
- 58.68
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 43
- 2,505
- 814
- Trade Payables
- 332
- 1,290
- Total Liabilities
- 4,985
- 1,633
- Capital Work in Progress
- 1,165
- 540
- 614
- 0
- Cash & Bank
- 63
- 970
- Total Assets
- 4,985
- Total Debt
- 1,532
- Net Working Capital
- 218
- Contingent Liabilities
- 256
- Book Value per Share
- 58.86
- Face Value
- 1.00
- Total Debt
- 1,532
- Net Working Capital
- 218
- Contingent Liabilities
- 256
- Book Value per Share
- 58.86
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 43
- 3,577
- 1,038
- Trade Payables
- 401
- 1,676
- Total Liabilities
- 6,735
- 2,557
- Capital Work in Progress
- 1,328
- 266
- 965
- 0
- Cash & Bank
- 451
- 1,168
- Total Assets
- 6,735
- Total Debt
- 1,861
- Net Working Capital
- 869
- Contingent Liabilities
- 287
- Book Value per Share
- 83.63
- Face Value
- 1.00
- Total Debt
- 1,861
- Net Working Capital
- 869
- Contingent Liabilities
- 287
- Book Value per Share
- 83.63
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 59
- 3,928
- 1,867
- Trade Payables
- 562
- 1,790
- Total Liabilities
- 8,205
- 2,688
- Capital Work in Progress
- 1,208
- 520
- 1,841
- 0
- Cash & Bank
- 457
- 1,491
- Total Assets
- 8,205
- Total Debt
- 2,705
- Net Working Capital
- 1,218
- Contingent Liabilities
- 265
- Book Value per Share
- 67.06
- Face Value
- 1.00
- Total Debt
- 2,705
- Net Working Capital
- 1,218
- Contingent Liabilities
- 265
- Book Value per Share
- 67.06
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 59
- 4,186
- 1,730
- Trade Payables
- 512
- 1,604
- Total Liabilities
- 8,092
- 2,645
- Capital Work in Progress
- 1,302
- 225
- 1,694
- 0
- Cash & Bank
- 382
- 1,844
- Total Assets
- 8,092
- Total Debt
- 2,436
- Net Working Capital
- 1,265
- Contingent Liabilities
- 246
- Book Value per Share
- 71.40
- Face Value
- 1.00
- Total Debt
- 2,436
- Net Working Capital
- 1,265
- Contingent Liabilities
- 246
- Book Value per Share
- 71.40
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 62
- 4,930
- 1,493
- Trade Payables
- 491
- 1,612
- Total Liabilities
- 8,588
- 2,819
- Capital Work in Progress
- 1,228
- 268
- 1,738
- 1,562
- Cash & Bank
- 343
- 629
- Total Assets
- 8,588
- Total Debt
- 2,010
- Net Working Capital
- 1,588
- Contingent Liabilities
- 206
- Book Value per Share
- 80.75
- Face Value
- 1.00
- Total Debt
- 2,010
- Net Working Capital
- 1,588
- Contingent Liabilities
- 206
- Book Value per Share
- 80.75
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 62
- 5,575
- 1,401
- Trade Payables
- 465
- 1,657
- Total Liabilities
- 9,160
- 2,947
- Capital Work in Progress
- 1,249
- 251
- 1,884
- 1,712
- Cash & Bank
- 148
- 970
- Total Assets
- 9,160
- Total Debt
- 1,801
- Net Working Capital
- 1,759
- Contingent Liabilities
- 240
- Book Value per Share
- 91.19
- Face Value
- 1.00
- Total Debt
- 1,801
- Net Working Capital
- 1,759
- Contingent Liabilities
- 240
- Book Value per Share
- 91.19
- Face Value
- 1.00
Mar 2026
- Equity Capital
- 62
- 5,622
- 850
- Trade Payables
- 425
- 1,675
- Total Liabilities
- 8,634
- 2,969
- Capital Work in Progress
- 1,185
- 802
- 1,601
- 1,223
- Cash & Bank
- 207
- 646
- Total Assets
- 8,634
- Total Debt
- 1,202
- Net Working Capital
- 2,061
- Contingent Liabilities
- 246
- Book Value per Share
- 91.94
- Face Value
- 1.00
- Total Debt
- 1,202
- Net Working Capital
- 2,061
- Contingent Liabilities
- 246
- Book Value per Share
- 91.94
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 445 | 424 | -43 | 238 | 472 | -325 | 398 | 678 | 428 | 1,056 | |
| Cash from Investing | 77 | -59 | 37 | -16 | 159 | -306 | 207 | -9 | -128 | -171 |
| Cash from Financing | -343 | -561 | -5 | -256 | -537 | 631 | -556 | -648 | -412 | -827 |
| 179 | -195 | -12 | -34 | 94 | -1 | 48 | 21 | -112 | 59 | |
| Free Cash Flow | 445 | 415 | -101 | 205 | -897 | -396 | 244 | 501 | 168 | 993 |
| OCF / Net Profit | 5.76 | 9.02 | 0.07 | 2.41 | 3.60 | -1.00 | 1.19 | 0.92 | 0.60 | 8.04 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 68 | -774 | -945 | -343 | -380 | 1,510 |
| OCF / Net Profit | 5.76 | 9.02 | 0.07 | 2.41 | 3.60 | -1.00 | 1.19 | 0.92 | 0.60 | 8.04 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 68 | -774 | -945 | -343 | -380 | 1,510 |
Mar 2017
- 445
- Cash from Investing
- 77
- Cash from Financing
- -343
- 179
- Free Cash Flow
- 445
- OCF / Net Profit
- 5.76
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 5.76
- Cumulative 5-Year FCF
- 0
Mar 2018
- 424
- Cash from Investing
- -59
- Cash from Financing
- -561
- -195
- Free Cash Flow
- 415
- OCF / Net Profit
- 9.02
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 9.02
- Cumulative 5-Year FCF
- 0
Mar 2019
- -43
- Cash from Investing
- 37
- Cash from Financing
- -5
- -12
- Free Cash Flow
- -101
- OCF / Net Profit
- 0.07
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.07
- Cumulative 5-Year FCF
- 0
Mar 2020
- 238
- Cash from Investing
- -16
- Cash from Financing
- -256
- -34
- Free Cash Flow
- 205
- OCF / Net Profit
- 2.41
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.41
- Cumulative 5-Year FCF
- 0
Mar 2021
- 472
- Cash from Investing
- 159
- Cash from Financing
- -537
- 94
- Free Cash Flow
- -897
- OCF / Net Profit
- 3.60
- Cumulative 5-Year FCF
- 68
- OCF / Net Profit
- 3.60
- Cumulative 5-Year FCF
- 68
Mar 2022
- -325
- Cash from Investing
- -306
- Cash from Financing
- 631
- -1
- Free Cash Flow
- -396
- OCF / Net Profit
- -1.00
- Cumulative 5-Year FCF
- -774
- OCF / Net Profit
- -1.00
- Cumulative 5-Year FCF
- -774
Mar 2023
- 398
- Cash from Investing
- 207
- Cash from Financing
- -556
- 48
- Free Cash Flow
- 244
- OCF / Net Profit
- 1.19
- Cumulative 5-Year FCF
- -945
- OCF / Net Profit
- 1.19
- Cumulative 5-Year FCF
- -945
Mar 2024
- 678
- Cash from Investing
- -9
- Cash from Financing
- -648
- 21
- Free Cash Flow
- 501
- OCF / Net Profit
- 0.92
- Cumulative 5-Year FCF
- -343
- OCF / Net Profit
- 0.92
- Cumulative 5-Year FCF
- -343
Mar 2025
- 428
- Cash from Investing
- -128
- Cash from Financing
- -412
- -112
- Free Cash Flow
- 168
- OCF / Net Profit
- 0.60
- Cumulative 5-Year FCF
- -380
- OCF / Net Profit
- 0.60
- Cumulative 5-Year FCF
- -380
Mar 2026
- 1,056
- Cash from Investing
- -171
- Cash from Financing
- -827
- 59
- Free Cash Flow
- 993
- OCF / Net Profit
- 8.04
- Cumulative 5-Year FCF
- 1,510
- OCF / Net Profit
- 8.04
- Cumulative 5-Year FCF
- 1,510
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 2.17 | 1.32 | -15.68 | 2.28 | 3.02 | 5.48 | 5.63 | 11.91 | 11.52 | 2.12 |
| Book Value (₹) | 80.25 | 81.02 | 58.68 | 58.86 | 83.63 | 67.06 | 71.40 | 80.75 | 91.19 | 91.94 |
| 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 (₹) | 3.95 | 2.98 | -14.33 | 3.50 | 4.84 | 7.37 | 7.55 | 13.76 | 13.58 | 4.54 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 20.37% | 15.06% | 17.19% | 14.98% | 14.69% | 14.29% | 11.84% | 16.24% | 14.91% | 5.43% |
| Net Margin % | 4.22% | 2.32% | -26.59% | 3.98% | 4.26% | 6.49% | 4.84% | 10.61% | 10.56% | 2.61% |
| ROE % | 2.73% | 1.63% | -24.12% | 4.00% | 4.25% | 8.56% | 8.13% | 15.94% | 13.40% | 2.32% |
| ROCE % | 6.41% | 5.32% | -10.26% | 7.89% | 7.79% | 9.91% | 10.52% | 16.51% | 13.69% | 4.35% |
| 1.33% | 0.83% | -12.03% | 1.98% | 2.23% | 4.36% | 4.11% | 8.83% | 8.02% | 1.48% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 118 | 94 | 89 | 91 | 81 | 64 | 62 | 76 | 89 | 106 |
| Inventory Days | 79 | 76 | 74 | 87 | 94 | 102 | 93 | 90 | 98 | 126 |
| Payable Days | 101 | 76 | 60 | 67 | 73 | 64 | 43 | 45 | 49 | 55 |
| 95 | 95 | 103 | 111 | 102 | 103 | 112 | 121 | 137 | 178 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.67x | 0.54x | 0.68x | 0.60x | 0.51x | 0.68x | 0.57x | 0.40x | 0.32x | 0.21x |
| Interest Coverage (x) | 1.54x | 1.22x | -1.92x | 1.63x | 1.85x | 3.26x | 2.59x | 5.61x | 6.97x | 2.46x |
| 1.40x | 1.17x | 1.22x | 1.16x | 1.49x | 1.42x | 1.48x | 1.63x | 1.73x | 2.15x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -11.04% | 12.67% | 18.30% | 3.73% | 24.03% | 63.05% | 37.91% | 0.32% | -2.77% | -25.40% |
| Operating Profit Growth % | 21.99% | -18.25% | 34.68% | -9.63% | 21.68% | 58.54% | 14.32% | 52.11% | -10.42% | -55.24% |
| Net Profit Growth % | 38.33% | -39.20% | -1453.09% | 115.51% | 32.83% | 148.63% | 2.81% | 119.87% | -3.25% | -81.56% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 111.49% | -3.25% | -81.56% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 14.98x | 8.53x | 34.65x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.21x | 1.08x | 0.80x |
| 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 | 10.19x | 6.92x | 11.10x |
Mar 2017
- EPS (₹)
- 2.17
- Book Value (₹)
- 80.25
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 3.95
- Operating Margin %
- 20.37%
- Net Margin %
- 4.22%
- ROE %
- 2.73%
- ROCE %
- 6.41%
- 1.33%
- Debtor Days
- 118
- Inventory Days
- 79
- Payable Days
- 101
- 95
- Debt to Equity (x)
- 0.67x
- Interest Coverage (x)
- 1.54x
- 1.40x
- Revenue Growth %
- -11.04%
- Operating Profit Growth %
- 21.99%
- Net Profit Growth %
- 38.33%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 1.32
- Book Value (₹)
- 81.02
- Dividend per Share (₹)
- 0.30
- Cash EPS (₹)
- 2.98
- Operating Margin %
- 15.06%
- Net Margin %
- 2.32%
- ROE %
- 1.63%
- ROCE %
- 5.32%
- 0.83%
- Debtor Days
- 94
- Inventory Days
- 76
- Payable Days
- 76
- 95
- Debt to Equity (x)
- 0.54x
- Interest Coverage (x)
- 1.22x
- 1.17x
- Revenue Growth %
- 12.67%
- Operating Profit Growth %
- -18.25%
- Net Profit Growth %
- -39.20%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -15.68
- Book Value (₹)
- 58.68
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -14.33
- Operating Margin %
- 17.19%
- Net Margin %
- -26.59%
- ROE %
- -24.12%
- ROCE %
- -10.26%
- -12.03%
- Debtor Days
- 89
- Inventory Days
- 74
- Payable Days
- 60
- 103
- Debt to Equity (x)
- 0.68x
- Interest Coverage (x)
- -1.92x
- 1.22x
- Revenue Growth %
- 18.30%
- Operating Profit Growth %
- 34.68%
- Net Profit Growth %
- -1453.09%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 2.28
- Book Value (₹)
- 58.86
- Dividend per Share (₹)
- 0.30
- Cash EPS (₹)
- 3.50
- Operating Margin %
- 14.98%
- Net Margin %
- 3.98%
- ROE %
- 4.00%
- ROCE %
- 7.89%
- 1.98%
- Debtor Days
- 91
- Inventory Days
- 87
- Payable Days
- 67
- 111
- Debt to Equity (x)
- 0.60x
- Interest Coverage (x)
- 1.63x
- 1.16x
- Revenue Growth %
- 3.73%
- Operating Profit Growth %
- -9.63%
- Net Profit Growth %
- 115.51%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 3.02
- Book Value (₹)
- 83.63
- Dividend per Share (₹)
- 0.25
- Cash EPS (₹)
- 4.84
- Operating Margin %
- 14.69%
- Net Margin %
- 4.26%
- ROE %
- 4.25%
- ROCE %
- 7.79%
- 2.23%
- Debtor Days
- 81
- Inventory Days
- 94
- Payable Days
- 73
- 102
- Debt to Equity (x)
- 0.51x
- Interest Coverage (x)
- 1.85x
- 1.49x
- Revenue Growth %
- 24.03%
- Operating Profit Growth %
- 21.68%
- Net Profit Growth %
- 32.83%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 5.48
- Book Value (₹)
- 67.06
- Dividend per Share (₹)
- 0.80
- Cash EPS (₹)
- 7.37
- Operating Margin %
- 14.29%
- Net Margin %
- 6.49%
- ROE %
- 8.56%
- ROCE %
- 9.91%
- 4.36%
- Debtor Days
- 64
- Inventory Days
- 102
- Payable Days
- 64
- 103
- Debt to Equity (x)
- 0.68x
- Interest Coverage (x)
- 3.26x
- 1.42x
- Revenue Growth %
- 63.05%
- Operating Profit Growth %
- 58.54%
- Net Profit Growth %
- 148.63%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 5.63
- Book Value (₹)
- 71.40
- Dividend per Share (₹)
- 0.90
- Cash EPS (₹)
- 7.55
- Operating Margin %
- 11.84%
- Net Margin %
- 4.84%
- ROE %
- 8.13%
- ROCE %
- 10.52%
- 4.11%
- Debtor Days
- 62
- Inventory Days
- 93
- Payable Days
- 43
- 112
- Debt to Equity (x)
- 0.57x
- Interest Coverage (x)
- 2.59x
- 1.48x
- Revenue Growth %
- 37.91%
- Operating Profit Growth %
- 14.32%
- Net Profit Growth %
- 2.81%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 11.91
- Book Value (₹)
- 80.75
- Dividend per Share (₹)
- 1.40
- Cash EPS (₹)
- 13.76
- Operating Margin %
- 16.24%
- Net Margin %
- 10.61%
- ROE %
- 15.94%
- ROCE %
- 16.51%
- 8.83%
- Debtor Days
- 76
- Inventory Days
- 90
- Payable Days
- 45
- 121
- Debt to Equity (x)
- 0.40x
- Interest Coverage (x)
- 5.61x
- 1.63x
- Revenue Growth %
- 0.32%
- Operating Profit Growth %
- 52.11%
- Net Profit Growth %
- 119.87%
- 111.49%
- P/E (x)
- 14.98x
- P/B (x)
- 2.21x
- Dividend Yield %
- 0.79%
- 10.19x
Mar 2025
- EPS (₹)
- 11.52
- Book Value (₹)
- 91.19
- Dividend per Share (₹)
- 1.40
- Cash EPS (₹)
- 13.58
- Operating Margin %
- 14.91%
- Net Margin %
- 10.56%
- ROE %
- 13.40%
- ROCE %
- 13.69%
- 8.02%
- Debtor Days
- 89
- Inventory Days
- 98
- Payable Days
- 49
- 137
- Debt to Equity (x)
- 0.32x
- Interest Coverage (x)
- 6.97x
- 1.73x
- Revenue Growth %
- -2.77%
- Operating Profit Growth %
- -10.42%
- Net Profit Growth %
- -3.25%
- -3.25%
- P/E (x)
- 8.53x
- P/B (x)
- 1.08x
- Dividend Yield %
- 1.42%
- 6.92x
Mar 2026
- EPS (₹)
- 2.12
- Book Value (₹)
- 91.94
- Dividend per Share (₹)
- 0.90
- Cash EPS (₹)
- 4.54
- Operating Margin %
- 5.43%
- Net Margin %
- 2.61%
- ROE %
- 2.32%
- ROCE %
- 4.35%
- 1.48%
- Debtor Days
- 106
- Inventory Days
- 126
- Payable Days
- 55
- 178
- Debt to Equity (x)
- 0.21x
- Interest Coverage (x)
- 2.46x
- 2.15x
- Revenue Growth %
- -25.40%
- Operating Profit Growth %
- -55.24%
- Net Profit Growth %
- -81.56%
- -81.56%
- P/E (x)
- 34.65x
- P/B (x)
- 0.80x
- Dividend Yield %
- 1.22%
- 11.10x
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