Electrosteel Castings Ltd
- Market Cap ₹ 2,158 Cr.
- Current Price ₹ 36.3
- High / Low ₹ 47.4 / 26.4
- Stock P/E 6.02
- Book Value ₹ 70.9
- Dividend Yield 2.16 %
- ROCE 9.80 %
- ROE 8.77 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.51 times its book value
- Company is expected to give good quarter
- Company has delivered good profit growth of 23.4% CAGR over last 5 years
Cons
- Company has a low return on equity of 6.24% over last 3 years.
- Promoter holding has decreased over last 3 years: -8.14%
* 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 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,873 | 2,102 | 2,214 | 2,459 | 2,402 | 2,204 | 2,079 | 2,263 | 2,699 | 2,711 | 3,474 | 5,281 | 6,566 | |
1,607 | 1,997 | 2,016 | 2,161 | 2,091 | 1,911 | 1,791 | 2,006 | 2,295 | 2,320 | 3,038 | 4,579 | 5,802 | |
Operating Profit | 265 | 105 | 198 | 299 | 311 | 293 | 288 | 257 | 404 | 391 | 436 | 702 | 764 |
OPM % | 14% | 5% | 9% | 12% | 13% | 13% | 14% | 11% | 15% | 14% | 13% | 13% | 12% |
100 | 74 | 95 | 28 | 59 | 7 | 100 | 80 | -137 | 8 | -194 | 52 | 54 | |
Interest | 86 | 111 | 126 | 150 | 157 | 180 | 210 | 210 | 235 | 228 | 208 | 195 | 229 |
Depreciation | 56 | 57 | 56 | 56 | 71 | 67 | 67 | 62 | 59 | 57 | 90 | 115 | 118 |
Profit before tax | 223 | 12 | 112 | 120 | 144 | 52 | 111 | 65 | -26 | 114 | -56 | 444 | 472 |
Tax % | 27% | -146% | 21% | 32% | 19% | 32% | 30% | -2% | 70% | 25% | -72% | 22% | |
Net Profit | 180 | -26 | -23 | -15 | -116 | -27 | 144 | 124 | 39 | 161 | -91 | 348 | 358 |
EPS in Rs | 5.50 | -0.83 | -0.73 | -0.46 | -3.25 | -0.77 | 4.04 | 3.47 | 0.94 | 3.72 | -2.11 | 5.84 | 6.62 |
Dividend Payout % | 23% | -61% | -68% | -140% | -20% | -65% | 12% | 9% | 0% | 8% | -12% | 14% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 20% |
3 Years: | 25% |
TTM: | 41% |
Compounded Profit Growth | |
---|---|
10 Years: | 25% |
5 Years: | 23% |
3 Years: | 23% |
TTM: | 36% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | 2% |
3 Years: | 35% |
1 Year: | -10% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 6% |
3 Years: | 6% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
33 | 33 | 33 | 34 | 36 | 36 | 36 | 36 | 41 | 43 | 59 | 59 | 59 | |
Reserves | 1,714 | 1,663 | 2,193 | 2,168 | 2,034 | 2,455 | 2,349 | 2,443 | 2,595 | 2,837 | 3,667 | 4,044 | 4,158 |
1,567 | 1,821 | 2,430 | 2,571 | 2,572 | 2,185 | 2,057 | 1,697 | 1,761 | 1,736 | 2,138 | 2,967 | 3,081 | |
755 | 813 | 431 | 683 | 575 | 1,032 | 1,078 | 1,225 | 1,025 | 977 | 1,305 | 1,554 | 1,413 | |
Total Liabilities | 4,068 | 4,330 | 5,087 | 5,456 | 5,218 | 5,708 | 5,519 | 5,401 | 5,421 | 5,593 | 7,152 | 8,624 | 8,711 |
553 | 601 | 1,148 | 1,182 | 1,154 | 1,780 | 1,707 | 1,678 | 1,633 | 1,703 | 2,633 | 2,763 | 2,753 | |
CWIP | 438 | 664 | 993 | 1,218 | 1,286 | 1,278 | 1,210 | 1,202 | 1,237 | 1,166 | 1,337 | 1,208 | 1,185 |
Investments | 1,425 | 1,074 | 982 | 839 | 766 | 786 | 590 | 637 | 684 | 747 | 202 | 457 | 218 |
1,652 | 1,991 | 1,965 | 2,217 | 2,012 | 1,863 | 2,013 | 1,884 | 1,868 | 1,977 | 2,980 | 4,196 | 4,555 | |
Total Assets | 4,068 | 4,330 | 5,087 | 5,456 | 5,218 | 5,708 | 5,519 | 5,401 | 5,421 | 5,593 | 7,152 | 8,624 | 8,711 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
170 | -255 | 216 | 109 | 443 | 533 | 421 | 450 | -46 | 225 | 444 | -279 | |
-442 | 133 | -279 | -177 | -216 | 71 | 72 | -69 | 33 | -20 | 129 | -329 | |
140 | 120 | 260 | -88 | -236 | -592 | -332 | -574 | -5 | -220 | -419 | 609 | |
Net Cash Flow | -132 | -2 | 197 | -155 | -8 | 12 | 162 | -193 | -18 | -16 | 154 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 93 | 100 | 99 | 85 | 78 | 89 | 81 | 85 | 82 | 83 | 81 | 65 |
Inventory Days | 286 | 266 | 206 | 232 | 212 | 225 | 249 | 219 | 228 | 278 | 279 | 330 |
Days Payable | 156 | 132 | 58 | 119 | 90 | 121 | 109 | 121 | 94 | 120 | 102 | 92 |
Cash Conversion Cycle | 223 | 234 | 247 | 197 | 200 | 192 | 220 | 182 | 217 | 242 | 258 | 302 |
Working Capital Days | 133 | 122 | 157 | 124 | 127 | 154 | 153 | 97 | 130 | 131 | 167 | 176 |
ROCE % | 10% | 3% | 5% | 6% | 6% | 5% | 6% | 6% | 9% | 8% | 8% | 10% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 13 Jan
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Jan - Depositories and Participants) Regulations, 2018, please find attached the certificate received from Maheshwari Datamatics Pvt Ltd, the Registrar & Share Transfer Agent (RTA) of the …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 5 Jan
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Announcement under Regulation 30 (LODR)-Resignation of Director
4 Jan - Letter dated 31 December, 2022 vide which we have intimated to you regarding the resignation of Mr. Shermadevi Yegnaswami Rajagopalan (DIN: 00067000), Independent Director, from …
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Announcement under Regulation 30 (LODR)-Resignation of Director
31 Dec 2022 - Mr. Shermadevi Yegnaswami Rajagopalan (DIN: 00067000), Independent Director, has resigned from the Board of the Company, with effect from 31 December, 2022 on account of …
Annual reports
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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
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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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
Revenue Split
D.I. Spun Pipes: 66% in FY21 vs 72% in FY20
D.I. Fittings: 9% in FY21 vs 9% in FY20
C.I. Spun Pipes: 9% in FY21 vs 8% in FY20
Others: 16% in FY21 vs 12% in FY20[1]