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 ₹ 3,103 Cr.
- Current Price ₹ 307
- High / Low ₹ 344 / 172
- Stock P/E 35.9
- Book Value ₹ 39.0
- Dividend Yield 0.56 %
- ROCE 32.3 %
- ROE 24.0 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.9%
- Company has been maintaining a healthy dividend payout of 19.8%
Cons
- Stock is trading at 7.86 times its book value
* 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
Part of BSE Industrials
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 79 | 137 | 134 | 231 | 318 | 201 | 158 | 302 | 477 | 410 | 373 | 423 | |
| 80 | 111 | 109 | 188 | 259 | 163 | 126 | 238 | 362 | 292 | 270 | 309 | |
| Operating Profit | -1 | 26 | 25 | 44 | 59 | 38 | 32 | 64 | 114 | 117 | 103 | 114 |
| OPM % | -2% | 19% | 19% | 19% | 19% | 19% | 20% | 21% | 24% | 29% | 28% | 27% |
| 2 | 0 | 1 | 2 | 1 | 0 | 1 | 0 | 2 | 3 | 7 | 15 | |
| Interest | 12 | 14 | 10 | 11 | 10 | 5 | 4 | 2 | 4 | 1 | 1 | 0 |
| Depreciation | 12 | 12 | 12 | 15 | 16 | 16 | 14 | 18 | 18 | 18 | 13 | 13 |
| Profit before tax | -23 | 0 | 4 | 19 | 35 | 17 | 16 | 45 | 95 | 101 | 97 | 116 |
| Tax % | -18% | 69% | 29% | -10% | 29% | 53% | 23% | 26% | 25% | 26% | 26% | 25% |
| -18 | 0 | 3 | 21 | 25 | 8 | 12 | 33 | 71 | 75 | 72 | 87 | |
| EPS in Rs | -2.03 | 0.01 | 0.29 | 2.06 | 2.47 | 0.79 | 1.19 | 3.29 | 6.97 | 7.41 | 7.13 | 8.58 |
| Dividend Payout % | 0% | 0% | 41% | 13% | 16% | 15% | 23% | 19% | 28% | 19% | 20% | 20% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 22% |
| 3 Years: | -4% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 92% |
| 5 Years: | 49% |
| 3 Years: | 7% |
| TTM: | 20% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 35% |
| 5 Years: | 43% |
| 3 Years: | 47% |
| 1 Year: | 31% |
| Return on Equity | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 27% |
| 3 Years: | 26% |
| Last Year: | 24% |
Balance Sheet
Figures in Rs. Crores
| 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 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 51 | 62 | 64 | 83 | 105 | 108 | 119 | 146 | 205 | 260 | 316 | 385 |
| 144 | 128 | 90 | 93 | 64 | 45 | 23 | 63 | 24 | 0 | 0 | 0 | |
| 21 | 20 | 47 | 58 | 43 | 35 | 40 | 57 | 66 | 54 | 63 | 65 | |
| Total Liabilities | 224 | 220 | 211 | 244 | 222 | 197 | 192 | 276 | 305 | 324 | 389 | 460 |
| 135 | 134 | 125 | 123 | 117 | 107 | 98 | 109 | 142 | 138 | 142 | 158 | |
| CWIP | 5 | 0 | 1 | 2 | 0 | 0 | 1 | 5 | 0 | 0 | 2 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 21 | 37 | 79 |
| 84 | 85 | 85 | 118 | 105 | 90 | 93 | 162 | 153 | 164 | 209 | 222 | |
| Total Assets | 224 | 220 | 211 | 244 | 222 | 197 | 192 | 276 | 305 | 324 | 389 | 460 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3 | 26 | 13 | 54 | 34 | 29 | -0 | 107 | 82 | 75 | 86 | ||
| -2 | -6 | -13 | -7 | -6 | -4 | -33 | -53 | -38 | -59 | -67 | ||
| -5 | -16 | -22 | 2 | -25 | -14 | -25 | -54 | -45 | -16 | -18 | ||
| Net Cash Flow | -4 | 4 | -21 | 49 | 4 | 12 | -58 | 0 | -0 | 0 | 1 | |
| Free Cash Flow | 1 | 19 | -1 | 47 | 28 | 25 | -33 | 63 | 68 | 57 | 55 | |
| CFO/OP | -266% | 98% | 34% | 110% | 117% | 103% | 20% | 115% | 91% | 96% | 101% |
Ratios
Figures in Rs. Crores
| 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 | 140 | 97 | 94 | 83 | 65 | 52 | 119 | 91 | 59 | 83 | 95 | 93 |
| Inventory Days | 512 | 214 | 447 | 349 | 99 | 180 | 276 | 330 | 139 | 116 | 219 | 171 |
| Days Payable | 177 | 90 | 260 | 256 | 67 | 82 | 151 | 192 | 120 | 88 | 162 | 106 |
| Cash Conversion Cycle | 475 | 221 | 281 | 176 | 97 | 150 | 244 | 230 | 78 | 111 | 153 | 158 |
| Working Capital Days | -136 | -47 | -30 | -8 | 26 | 46 | 88 | 44 | 44 | 82 | 118 | 116 |
| ROCE % | -5% | 7% | 7% | 17% | 24% | 13% | 12% | 25% | 42% | 40% | 33% | 32% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
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| Sales Volume Tonnes |
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| Order Book INR Crore |
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| R&D Expenditure (Percentage of Turnover) % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - Intimation of Schedule of call with analyst(s) / institutional investor(s) and Registration Link thereof
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Board Meeting Intimation for 296Th Meeting Of The Board Of STEELCAST LIMITED
21 Jul - Board meets 29 July 2026 to approve Q1 results and first interim dividend; record date 7 August 2026.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jul - Regulation 74(5) certificate for quarter ended 30 June 2026 confirms dematerialization processing.
- Record Date For Final Dividend For The Financial Year 2025-26 9 Jul
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Notice Of 55Th Annual General Meeting (AGM) And Book Closure Pursuant To The SEBI (LODR) Regulations, 2015.
6 Jul - 55th AGM on 29 July 2026; book closure 25-29 July 2026; e-voting 26-28 July 2026.
Annual reports
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Financial Year 2026
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Financial Year 2025
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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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Concalls
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Jun 2026Transcript PPT REC
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT
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Jun 2025Transcript PPT
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Feb 2025Transcript PPT REC
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Jan 2025TranscriptAI SummaryPPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Jun 2024Transcript PPT
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Feb 2024Transcript PPT
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Jan 2024TranscriptAI SummaryPPT
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Nov 2023Transcript PPT REC
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Sep 2023Transcript PPT
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Aug 2023TranscriptAI SummaryPPT
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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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Aug 2022Transcript PPT
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May 2022Transcript PPT
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May 2022TranscriptAI SummaryPPT
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Nov 2021TranscriptAI SummaryPPT
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Aug 2021TranscriptAI SummaryPPT
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Jul 2021TranscriptAI SummaryPPT
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]