Electrosteel Castings Ltd
- Market Cap ₹ 10,525 Cr.
- Current Price ₹ 177
- High / Low ₹ 208 / 42.9
- Stock P/E 14.2
- Book Value ₹ 86.0
- Dividend Yield 0.51 %
- ROCE 16.0 %
- ROE 15.6 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 32.3% CAGR over last 5 years
- Promoter holding has increased by 2.14% over last quarter.
Cons
- Company has a low return on equity of 10.9% over last 3 years.
- Promoter holding has decreased over last 3 years: -9.05%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Castings, Forgings & Fastners Industry: Castings & Forgings
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,214 | 2,459 | 2,402 | 2,204 | 2,079 | 2,263 | 2,699 | 2,711 | 3,474 | 5,281 | 7,276 | 7,478 | |
2,016 | 2,161 | 2,091 | 1,911 | 1,791 | 2,006 | 2,295 | 2,320 | 3,038 | 4,586 | 6,530 | 6,300 | |
Operating Profit | 198 | 299 | 311 | 293 | 288 | 257 | 404 | 391 | 436 | 695 | 746 | 1,178 |
OPM % | 9% | 12% | 13% | 13% | 14% | 11% | 15% | 14% | 13% | 13% | 10% | 16% |
95 | 28 | 59 | 7 | 100 | 80 | -137 | 8 | -194 | 59 | 77 | 102 | |
Interest | 126 | 150 | 157 | 180 | 210 | 210 | 235 | 228 | 208 | 195 | 286 | 219 |
Depreciation | 56 | 56 | 71 | 67 | 67 | 62 | 59 | 57 | 90 | 115 | 121 | 125 |
Profit before tax | 112 | 120 | 144 | 52 | 111 | 65 | -26 | 114 | -56 | 444 | 415 | 937 |
Tax % | 21% | 32% | 19% | 32% | 30% | -2% | 70% | 25% | -72% | 22% | 24% | 21% |
-23 | -15 | -116 | -27 | 144 | 124 | 39 | 161 | -91 | 348 | 316 | 740 | |
EPS in Rs | -0.73 | -0.46 | -3.25 | -0.77 | 4.04 | 3.47 | 0.94 | 3.72 | -2.11 | 5.84 | 5.31 | 12.44 |
Dividend Payout % | -68% | -140% | -20% | -65% | 12% | 9% | 0% | 8% | -12% | 14% | 17% | 12% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 23% |
3 Years: | 29% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | 44% |
5 Years: | 32% |
3 Years: | 95% |
TTM: | 132% |
Stock Price CAGR | |
---|---|
10 Years: | 21% |
5 Years: | 59% |
3 Years: | 78% |
1 Year: | 269% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 9% |
3 Years: | 11% |
Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 33 | 34 | 36 | 36 | 36 | 36 | 41 | 43 | 43 | 59 | 59 | 62 |
Reserves | 2,193 | 2,168 | 2,034 | 2,455 | 2,349 | 2,443 | 2,595 | 2,837 | 3,667 | 4,044 | 4,323 | 5,051 |
2,430 | 2,571 | 2,572 | 2,185 | 2,057 | 1,697 | 1,761 | 1,736 | 2,138 | 2,967 | 2,667 | 2,332 | |
431 | 683 | 575 | 1,032 | 1,078 | 1,225 | 1,025 | 977 | 1,305 | 1,554 | 1,469 | 1,663 | |
Total Liabilities | 5,087 | 5,456 | 5,218 | 5,708 | 5,519 | 5,401 | 5,421 | 5,593 | 7,152 | 8,624 | 8,519 | 9,108 |
1,148 | 1,182 | 1,154 | 1,780 | 1,707 | 1,678 | 1,633 | 1,703 | 2,633 | 2,763 | 2,731 | 2,928 | |
CWIP | 993 | 1,218 | 1,286 | 1,278 | 1,210 | 1,202 | 1,237 | 1,166 | 1,337 | 1,208 | 1,302 | 1,229 |
Investments | 982 | 839 | 766 | 786 | 590 | 637 | 684 | 747 | 202 | 457 | 161 | 204 |
1,965 | 2,217 | 2,012 | 1,863 | 2,013 | 1,884 | 1,868 | 1,977 | 2,980 | 4,196 | 4,324 | 4,747 | |
Total Assets | 5,087 | 5,456 | 5,218 | 5,708 | 5,519 | 5,401 | 5,421 | 5,593 | 7,152 | 8,624 | 8,519 | 9,108 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
216 | 109 | 443 | 533 | 421 | 450 | -46 | 225 | 444 | -279 | 452 | 806 | |
-279 | -177 | -216 | 71 | 72 | -69 | 33 | -20 | 129 | -329 | 168 | -37 | |
260 | -88 | -236 | -592 | -332 | -574 | -5 | -220 | -419 | 609 | -604 | -720 | |
Net Cash Flow | 197 | -155 | -8 | 12 | 162 | -193 | -18 | -16 | 154 | 1 | 17 | 49 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 99 | 85 | 78 | 89 | 81 | 85 | 82 | 83 | 81 | 65 | 53 | 67 |
Inventory Days | 206 | 232 | 212 | 225 | 249 | 219 | 228 | 278 | 279 | 331 | 208 | 221 |
Days Payable | 58 | 119 | 90 | 121 | 109 | 121 | 94 | 120 | 102 | 93 | 54 | 53 |
Cash Conversion Cycle | 247 | 197 | 200 | 192 | 220 | 182 | 217 | 242 | 258 | 303 | 207 | 234 |
Working Capital Days | 157 | 124 | 127 | 154 | 153 | 97 | 130 | 131 | 167 | 176 | 139 | 153 |
ROCE % | 5% | 6% | 6% | 5% | 6% | 6% | 9% | 8% | 8% | 10% | 10% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 10h
- Corporate Action-Board to consider Dividend 1d
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Announcement under Regulation 30 (LODR)-Investor Presentation
1d - Presentation for Investors'' Meet scheduled on 13 May 2024
- Financial Results For The 31 March Ended 2024 1d
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Press Release on Audited Financial Results 31 March 2024
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Concalls
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May 2024TranscriptNotesPPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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Aug 2023TranscriptNotesPPT
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May 2023Transcript PPT REC
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Feb 2023Transcript PPT
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Nov 2022TranscriptPPT
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Nov 2022Transcript PPT
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Aug 2022TranscriptPPT
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May 2022Transcript PPT
Product Portfolio[1]
Ductile Iron Pipes, Ductile Iron Fittings, Ductile Iron Flange Pipes and Restrained Joint Pipes. Additionally, ECL manufactures Cast Iron Pipes, Metallurgical Coke, Sponge Iron, Cement, Ferro Silicon, Pig Iron and Power.