Magna Electro Castings Ltd

₹ 950 0.16%

16 Apr - close price

About

Incorporated in 1990, Magna Electro Castings Ltd manufactures and sells Cast Iron Components^[1]

Key Points

Business Overview:^[1]
MECL is in the business of manufacturing and Supplying Ferrous Components in small and medium volumes to users worldwide. It specializes in manufacturing Ductile Iron and Gray Iron casting in the range of 300 grams to a maximum of 2000 Kg. Magna also produces fully machined components, utilizing its in-house CNC machine shop and other facilities. It supplies safety requirement components in the casting and fully machined forms

Website BSE

Market Cap ₹ 402 Cr.
Current Price ₹ 950
High / Low ₹ 1,375 / 706
Stock P/E 19.5
Book Value ₹ 328
Dividend Yield 0.63 %
ROCE 25.1 %
ROE 19.4 %
Face Value ₹ 10.0

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Pros

Company is almost debt free.
Company has delivered good profit growth of 28.1% CAGR over last 5 years

Cons

* 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

Industrials Capital Goods Industrial Products Castings & Forgings

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Detailed Comparison with:

Quarterly Results

Figures in Rs. Crores

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
	38.63	36.82	35.39	36.81	35.15	36.35	42.16	45.64	43.14	45.51	48.52	52.33	47.98
	32.54	32.26	29.62	31.12	29.49	30.09	32.53	35.91	35.72	38.08	38.73	42.87	40.64
Operating Profit	6.09	4.56	5.77	5.69	5.66	6.26	9.63	9.73	7.42	7.43	9.79	9.46	7.34
OPM %	15.76%	12.38%	16.30%	15.46%	16.10%	17.22%	22.84%	21.32%	17.20%	16.33%	20.18%	18.08%	15.30%
	0.33	0.80	0.33	0.44	0.33	0.49	0.53	0.50	0.31	0.39	0.45	0.48	0.45
Interest	0.06	0.06	0.07	0.01	0.07	0.06	0.01	0.01	0.08	0.17	0.03	0.23	0.31
Depreciation	1.26	1.43	1.04	1.09	1.08	1.15	1.12	1.20	1.15	1.17	1.29	2.53	2.54
Profit before tax	5.10	3.87	4.99	5.03	4.84	5.54	9.03	9.02	6.50	6.48	8.92	7.18	4.94
Tax %	25.10%	28.94%	25.45%	25.05%	27.07%	26.35%	25.58%	25.61%	25.23%	25.77%	25.45%	24.65%	24.09%
	3.81	2.75	3.72	3.77	3.53	4.09	6.72	6.72	4.86	4.82	6.66	5.41	3.75
EPS in Rs	9.00	6.50	8.79	8.91	8.34	9.66	15.88	15.88	11.48	11.39	15.74	12.78	8.86
Raw PDF

Profit & Loss

Figures in Rs. Crores

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	75	102	93	79	93	123	96	98	136	165	144	176	194
	61	87	79	65	81	105	85	88	122	139	120	142	160
Operating Profit	14	15	14	14	12	18	11	10	14	26	23	34	34
OPM %	19%	15%	15%	18%	13%	14%	11%	10%	10%	16%	16%	19%	18%
	1	0	1	1	0	3	2	1	2	3	2	2	2
Interest	3	2	1	1	0	0	0	0	0	0	0	0	1
Depreciation	7	4	5	5	5	5	4	4	5	6	4	5	8
Profit before tax	6	8	9	9	8	15	9	7	10	23	20	31	28
Tax %	19%	35%	27%	19%	13%	24%	21%	26%	25%	26%	26%	26%
	5	5	7	7	7	11	7	5	8	17	15	23	21
EPS in Rs	10.08	11.85	14.51	15.97	14.97	24.88	14.60	12.24	18.27	40.45	35.70	54.63	48.77
Dividend Payout %	16%	15%	14%	13%	13%	20%	17%	12%	14%	7%	14%	11%

Compounded Sales Growth
10 Years:	6%
5 Years:	13%
3 Years:	9%
TTM:	16%

Compounded Profit Growth
10 Years:	16%
5 Years:	28%
3 Years:	44%
TTM:	-8%

Stock Price CAGR
10 Years:	23%
5 Years:	43%
3 Years:	46%
1 Year:	4%

Return on Equity
10 Years:	14%
5 Years:	15%
3 Years:	18%
Last Year:	19%

Balance Sheet

Figures in Rs. Crores

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	5	5	5	5	5	5	5	4	4	4	4	4	4
Reserves	32	36	42	50	56	66	69	67	74	90	104	125	135
	20	20	10	5	3	0	0	0	5	0	0	11	13
	19	21	20	15	18	19	15	20	24	25	20	42	38
Total Liabilities	75	83	76	75	82	90	89	91	107	119	128	183	189
	41	41	42	39	37	33	33	31	32	40	43	50	95
CWIP	0	0	0	0	0	0	0	2	1	1	1	41	1
Investments	0	0	0	0	0	0	0	0	0	1	1	1	1
	34	42	34	36	45	57	56	58	74	76	83	90	92
Total Assets	75	83	76	75	82	90	89	91	107	119	128	183	189

Cash Flows

Figures in Rs. Crores

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	8	10	9	7	3	7	9	9	-1	20	8	40
	-2	-4	-6	-1	-2	-1	-4	-4	-3	-12	-6	-50
	-5	-5	-3	-6	-2	-5	-4	-8	4	-6	-2	9
Net Cash Flow	0	0	0	1	-1	1	1	-2	-0	1	0	-1
Free Cash Flow	6	6	3	6	1	5	5	5	-5	8	0	-12
CFO/OP	64%	87%	77%	65%	40%	61%	108%	111%	9%	101%	57%	138%

Ratios

Figures in Rs. Crores

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	96	90	75	95	112	92	91	109	105	85	92	112
Inventory Days	101	63	72	95	92	78	107	73	79	56	85	86
Days Payable	172	128	148	161	148	124	125	91	81	74	90	186
Cash Conversion Cycle	26	25	-1	29	56	45	74	91	103	66	87	12
Working Capital Days	15	18	33	74	95	95	102	90	82	65	83	71
ROCE %	15%	18%	18%	16%	13%	23%	12%	10%	14%	24%	20%	25%

Insights

In beta

Mar 2015

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Power Consumption per Tonne of Good Castings
Units/MT

x,xxx	x,xxx	x,xxx	x,xxx	x,xxx	x,xxx	x,xxx	x,xxx	x,xxx	x,xxx	x,xxx
x,xxx,xxx	x,xxx,xxx		x,xxx,xxx	x,xxx,xxx	x,xxx,xxx				xx,xxx,xxx	xx,xxx,xxx
xx.xx	xx.xx	xx.xx	xx.xx	xx.xx					xx.xx	xx.xx
	x,xxx	x,xxx	x,xxx	x,xxx					x,xxx	x,xxx
		xx.xx	xx.xx	xx.xx					xx.xx	xx.xx
		x,xxx	x,xxx	x,xxx						x,xxx
				xxx	xxx

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Captive Energy Generation (Wind + Solar)
Units

Export Share of Revenue
%

Installed Molding Capacity
MT per month

Capacity Utilization
%

Installed Melting Capacity
MT per month

New Products Developed
Number

Shareholding Pattern

Numbers in percentages

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
	53.38%	53.38%	53.38%	53.38%	53.38%	53.38%	53.38%	53.38%	53.42%	53.66%	53.66%	53.66%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.05%	0.05%	0.05%	0.05%	0.05%
	46.62%	46.63%	46.62%	46.62%	46.61%	46.62%	46.62%	46.57%	46.54%	46.29%	46.29%	46.30%
No. of Shareholders	3,715	3,806	4,545	4,867	5,012	5,041	5,276	5,114	5,138	5,122	5,646	5,488

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Dec 2025
	42.41%	42.41%	46.18%	48.31%	52.58%	53.38%	53.38%	53.38%	53.42%	53.66%
	0.70%	1.42%	1.42%	1.09%	1.18%	0.00%	0.00%	0.00%	0.00%	0.00%
	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.05%	0.05%
	56.88%	56.17%	52.40%	50.60%	46.24%	46.61%	46.62%	46.61%	46.54%	46.30%
No. of Shareholders	4,672	4,251	3,953	3,668	3,235	3,684	3,715	5,012	5,138	5,488

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Magna Electro Castings Ltd

Magna Electro Castings Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Insights

Shareholding Pattern

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