Steelcast Ltd
Steelcast Limited (SCL) is engaged in the business of manufacturing Steel and Alloy Steel Castings catering to a host of OEMs for diverse industrial sectors. [1]
- Market Cap ₹ 1,615 Cr.
- Current Price ₹ 798
- High / Low ₹ 850 / 575
- Stock P/E 25.9
- Book Value ₹ 142
- Dividend Yield 0.90 %
- ROCE 40.0 %
- ROE 30.8 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 25.0% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.1%
- Company has been maintaining a healthy dividend payout of 22.3%
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
Sector: Castings, Forgings & Fastners Industry: Castings & Forgings
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
287 | 144 | 79 | 137 | 134 | 231 | 318 | 201 | 158 | 302 | 477 | 410 | 342 | |
240 | 118 | 80 | 111 | 109 | 188 | 259 | 163 | 126 | 238 | 362 | 292 | 247 | |
Operating Profit | 48 | 26 | -1 | 26 | 25 | 44 | 59 | 38 | 32 | 64 | 114 | 117 | 96 |
OPM % | 17% | 18% | -2% | 19% | 19% | 19% | 19% | 19% | 20% | 21% | 24% | 29% | 28% |
1 | 1 | 2 | 0 | 1 | 2 | 1 | 0 | 1 | 0 | 2 | 3 | 4 | |
Interest | 10 | 11 | 12 | 14 | 10 | 11 | 10 | 5 | 4 | 2 | 4 | 1 | 0 |
Depreciation | 10 | 15 | 12 | 12 | 12 | 15 | 16 | 16 | 14 | 18 | 18 | 18 | 15 |
Profit before tax | 29 | 1 | -23 | 0 | 4 | 19 | 35 | 17 | 16 | 45 | 95 | 101 | 84 |
Tax % | 32% | 26% | -18% | 69% | 29% | -10% | 29% | 53% | 23% | 26% | 25% | 26% | |
20 | 0 | -18 | 0 | 3 | 21 | 25 | 8 | 12 | 33 | 71 | 75 | 62 | |
EPS in Rs | 11.28 | 0.24 | -10.16 | 0.06 | 1.47 | 10.31 | 12.34 | 3.94 | 5.94 | 16.44 | 34.84 | 37.06 | 30.81 |
Dividend Payout % | 16% | 0% | 0% | 0% | 41% | 13% | 16% | 15% | 23% | 19% | 28% | 19% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 5% |
3 Years: | 37% |
TTM: | -26% |
Compounded Profit Growth | |
---|---|
10 Years: | 69% |
5 Years: | 25% |
3 Years: | 85% |
TTM: | -20% |
Stock Price CAGR | |
---|---|
10 Years: | 36% |
5 Years: | 46% |
3 Years: | 38% |
1 Year: | 28% |
Return on Equity | |
---|---|
10 Years: | 19% |
5 Years: | 24% |
3 Years: | 31% |
Last Year: | 31% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
Reserves | 68 | 70 | 51 | 62 | 64 | 83 | 105 | 108 | 119 | 146 | 205 | 260 | 276 |
116 | 137 | 144 | 128 | 90 | 93 | 64 | 45 | 23 | 63 | 24 | 0 | 0 | |
45 | 26 | 21 | 20 | 47 | 58 | 43 | 35 | 40 | 57 | 66 | 54 | 47 | |
Total Liabilities | 238 | 242 | 224 | 220 | 211 | 244 | 222 | 197 | 192 | 276 | 305 | 324 | 334 |
116 | 142 | 135 | 134 | 125 | 123 | 117 | 107 | 98 | 109 | 142 | 138 | 135 | |
CWIP | 5 | 7 | 5 | 0 | 1 | 2 | 0 | 0 | 1 | 5 | 0 | 0 | 3 |
Investments | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 21 | 37 |
116 | 93 | 84 | 85 | 85 | 118 | 105 | 90 | 93 | 162 | 153 | 164 | 159 | |
Total Assets | 238 | 242 | 224 | 220 | 211 | 244 | 222 | 197 | 192 | 276 | 305 | 324 | 334 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
32 | 40 | 3 | 26 | 13 | 54 | 34 | 29 | -0 | 107 | 68 | ||
-52 | -42 | -2 | -6 | -13 | -7 | -6 | -4 | -33 | -53 | -24 | ||
20 | 2 | -5 | -16 | -22 | 2 | -25 | -14 | 33 | -54 | -45 | ||
Net Cash Flow | -0 | 0 | -4 | 4 | -21 | 49 | 4 | 12 | 0 | 0 | -0 |
Ratios
Figures in Rs. Crores
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 | 57 | 86 | 140 | 97 | 94 | 83 | 65 | 52 | 119 | 91 | 59 | 83 |
Inventory Days | 130 | 291 | 512 | 214 | 447 | 349 | 99 | 180 | 276 | 330 | 139 | 116 |
Days Payable | 69 | 89 | 177 | 90 | 260 | 256 | 67 | 82 | 151 | 192 | 120 | 88 |
Cash Conversion Cycle | 118 | 288 | 475 | 221 | 281 | 176 | 97 | 150 | 244 | 230 | 78 | 111 |
Working Capital Days | 75 | 122 | 203 | 101 | 104 | 103 | 54 | 78 | 122 | 120 | 62 | 82 |
ROCE % | 23% | 6% | -5% | 7% | 7% | 17% | 24% | 13% | 12% | 25% | 42% | 40% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Investor Presentation
16h - Submission of Q2FY25 investor presentation to stock exchanges.
- Corporate Action-Board approves Dividend 21h
- Outcome Of The 288Th Meeting Of The Board Of STEELCAST LIMITED Held On 9Th November, 2024, Through Video Conferencing (VC) Facility. 22h
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Board Meeting Outcome for Outcome Of The 288Th Meeting Of The Board Of STEELCAST LIMITED Held On 9Th November, 2024, Through Video Conferencing (VC) Facility.
22h - Board approved financial results and declared interim dividend.
- Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011 7 Nov
Annual reports
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Financial Year 2024
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Financial Year 2023
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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 2011
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Financial Year 2010
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Concalls
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Nov 2024TranscriptNotesPPT
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Aug 2024Transcript PPT
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Feb 2024Transcript PPT
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Jan 2024TranscriptNotesPPT
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Nov 2023Transcript PPT REC
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Sep 2023Transcript PPT
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Aug 2023TranscriptNotesPPT
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May 2023Transcript PPT
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Jan 2023Transcript PPT
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Oct 2022Transcript PPT
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May 2022Transcript PPT
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May 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Jul 2021TranscriptNotesPPT
Products
The company offers casting products like Carbon Steel, Low Alloy Steel, High Alloy Steel, Manganese Steel, and other Superior Grades of Wear and abrasive resistant Steel Castings produced by Bake and Shell Moulding Processes. [1] It is one of few casting companies to manufacture steel castings through the sand and shell molding process to produce 300+ parts ranging from 2.5 kg to 2,500 kgs. [2]