Electrosteel Castings Ltd

Electrost.Cast. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Electrosteel Castings Ltd

₹ 75.6 -3.14%
19 May 2:57 p.m.
electrosteel.com BSE: 500128 NSE: ELECTCAST
About

Electrosteel Castings is engaged in the business of manufacturing Ductile Iron (DI) Pipes, Ductile Iron Fittings (DIF), Cast Iron (CI) Pipes and produces and supplies Pig Iron. [1][2]

Key Points

Business Profile[1]
Electrosteel Castings Limited manufactures and sells Ductile Iron (DI) pipes, fittings, and related products, catering to water infrastructure projects in India and international markets.

Website BSE NSE
  • Market Cap ₹ 4,677 Cr.
  • Current Price ₹ 75.6
  • High / Low ₹ 139 / 60.1
  • Stock P/E 29.5
  • Book Value ₹ 91.9
  • Dividend Yield 1.85 %
  • ROCE 4.87 %
  • ROE 2.80 %
  • Face Value ₹ 1.00
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Pros

  • Company has reduced debt.
  • Stock is trading at 0.85 times its book value
  • Company has been maintaining a healthy dividend payout of 22.1%
  • Promoter holding has increased by 3.92% over last quarter.

Cons

  • The company has delivered a poor sales growth of 10.4% over past five years.
  • Company has a low return on equity of 10.5% over last 3 years.
  • Earnings include an other income of Rs.157 Cr.
  • Working capital days have increased from 91.4 days to 134 days

* 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 Iron & Steel Products

Part of BSE Industrials Nifty Microcap 250 Nifty Total Market BSE 1000 Nifty Smallcap 500

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
1,762 1,495 1,870 1,797 1,776 1,832 1,692 1,659 1,563 1,402 1,192 1,242 1,197
1,552 1,345 1,558 1,402 1,493 1,498 1,443 1,395 1,388 1,240 1,110 1,208 1,171
Operating Profit 209 150 313 395 283 334 249 264 175 162 83 34 25
OPM % 12% 10% 17% 22% 16% 18% 15% 16% 11% 12% 7% 3% 2%
24 35 18 18 35 19 20 16 38 24 91 10 32
Interest 72 51 55 50 46 37 35 40 31 33 34 33 27
Depreciation 28 28 29 28 30 30 31 33 33 37 38 38 38
Profit before tax 133 105 248 335 243 287 204 207 149 117 102 -26 -8
Tax % 24% 22% 26% 25% 10% 26% 25% 24% -28% 26% 25% -24% 39%
101 81 184 252 219 212 152 157 191 86 76 -20 -11
EPS in Rs 1.70 1.37 3.10 4.24 3.54 3.43 2.46 2.54 3.09 1.39 1.23 -0.32 -0.17
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
2,154 2,016 1,794 2,021 2,391 2,480 3,076 5,015 6,916 6,938 6,746 5,033
1,875 1,730 1,552 1,796 2,041 2,123 2,686 4,374 6,185 5,772 5,710 4,729
Operating Profit 278 286 242 225 350 357 389 641 731 1,166 1,035 304
OPM % 13% 14% 13% 11% 15% 14% 13% 13% 11% 17% 15% 6%
31 20 132 80 -729 40 60 76 88 80 81 157
Interest 145 169 201 202 225 220 199 185 272 202 142 127
Depreciation 67 65 64 59 55 53 79 113 114 114 127 149
Profit before tax 96 72 108 44 -659 124 172 419 433 930 847 185
Tax % 25% 22% 29% -8% -4% 20% 24% 22% 23% 21% 16% 29%
73 56 77 47 -636 99 131 326 335 736 712 131
EPS in Rs 2.04 1.57 2.16 1.32 -15.68 2.28 3.02 5.48 5.63 11.91 11.52 2.12
Dividend Payout % 32% 32% 23% 23% 0% 13% 11% 15% 16% 12% 12% 42%
Compounded Sales Growth
10 Years: 10%
5 Years: 10%
3 Years: -10%
TTM: -25%
Compounded Profit Growth
10 Years: 9%
5 Years: 4%
3 Years: -23%
TTM: -78%
Stock Price CAGR
10 Years: 16%
5 Years: 19%
3 Years: 21%
1 Year: -31%
Return on Equity
10 Years: 7%
5 Years: 10%
3 Years: 10%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 36 36 36 36 41 43 59 59 59 62 62 62
Reserves 2,469 2,771 2,829 2,856 2,339 2,505 3,577 3,928 4,211 4,930 5,575 5,622
2,464 2,066 1,917 1,564 1,619 1,538 1,888 2,729 2,456 2,035 1,828 1,217
493 954 993 1,144 975 898 1,211 1,489 1,366 1,562 1,695 1,733
Total Liabilities 5,462 5,828 5,775 5,600 4,973 4,985 6,735 8,205 8,092 8,588 9,160 8,634
1,109 1,714 1,640 1,603 1,579 1,633 2,557 2,688 2,645 2,819 2,947 2,969
CWIP 1,278 1,278 1,210 1,202 1,237 1,165 1,328 1,208 1,302 1,228 1,249 1,185
Investments 1,266 1,149 1,147 1,147 542 540 266 520 225 268 251 802
1,809 1,686 1,779 1,648 1,617 1,646 2,584 3,790 3,920 4,273 4,714 3,677
Total Assets 5,462 5,828 5,775 5,600 4,973 4,985 6,735 8,205 8,092 8,588 9,160 8,634

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
395 510 445 424 -43 238 472 -325 398 678 428 1,056
-248 91 77 -59 37 -16 196 -306 207 -9 -128 -171
-152 -595 -343 -561 -5 -256 -537 631 -556 -648 -412 -827
Net Cash Flow -5 6 179 -195 -11 -34 131 -1 48 21 -112 59
Free Cash Flow 263 489 558 405 -96 183 357 -507 220 445 160 957
CFO/OP 145% 182% 196% 193% -8% 68% 132% -34% 70% 77% 61% 362%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 98 127 98 101 92 94 87 76 69 82 93 89
Inventory Days 160 137 200 159 187 196 241 268 156 178 200 206
Days Payable 72 102 94 108 92 106 100 82 47 50 49 55
Cash Conversion Cycle 187 162 205 151 187 184 228 262 178 210 243 240
Working Capital Days -9 21 32 6 23 23 31 29 42 58 82 134
ROCE % 5% 5% 6% 5% 8% 9% 8% 10% 11% 17% 14% 5%

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 Mar 2026
Cast Iron (CI) Pipes Production Volume
MT

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Ductile Iron (DI) Pipes Production Volume
MT
Total DI Pipe Manufacturing Capacity
TPA
Consolidated Sales Volume (DI Pipes, DI Fittings & CI Pipes)
Lakhs MT
Order Book Visibility
Months
DI Pipe Capacity Utilization
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

7 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
44.08% 44.08% 44.08% 46.22% 46.22% 46.22% 46.22% 46.22% 46.22% 46.22% 46.22% 50.14%
14.93% 15.33% 18.18% 19.70% 21.16% 19.73% 19.91% 20.06% 20.27% 19.26% 19.38% 15.73%
1.68% 0.88% 0.43% 0.36% 0.44% 1.98% 0.62% 0.63% 0.21% 0.25% 0.24% 0.23%
0.24% 0.24% 0.24% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23%
39.06% 39.47% 37.07% 33.47% 31.95% 31.84% 33.03% 32.87% 33.08% 34.07% 33.94% 33.67%
No. of Shareholders 92,9551,04,9701,08,3151,21,6151,33,8611,53,2431,67,9351,73,4961,82,1891,86,2561,82,2431,76,913

* 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.

Click on the line-items to see the names of individual entities.

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