Thaai Casting Ltd
Incorporated in June 2010, Thai Casting Ltd manufactures steel, alloy, and die casts[1]
- Market Cap ₹ 245 Cr.
- Current Price ₹ 106
- High / Low ₹ 154 / 77.2
- Stock P/E 20.7
- Book Value ₹ 45.6
- Dividend Yield 0.00 %
- ROCE 16.3 %
- ROE 15.6 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -3.17%
* 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.
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 10m | Mar 2025 | TTM | |
|---|---|---|---|
| 71 | 122 | 131 | |
| 51 | 92 | 99 | |
| Operating Profit | 20 | 30 | 32 |
| OPM % | 28% | 25% | 25% |
| 0 | 1 | 0 | |
| Interest | 3 | 7 | 8 |
| Depreciation | 2 | 7 | 9 |
| Profit before tax | 14 | 17 | 16 |
| Tax % | 26% | 29% | |
| 11 | 12 | 13 | |
| EPS in Rs | 4.61 | 5.23 | 5.13 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -31% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|
| Equity Capital | 23 | 23 | 24 |
| Reserves | 49 | 60 | 81 |
| 46 | 90 | 117 | |
| 19 | 30 | 27 | |
| Total Liabilities | 137 | 204 | 250 |
| 61 | 93 | 95 | |
| CWIP | 4 | 11 | 34 |
| Investments | 0 | 0 | 0 |
| 71 | 100 | 120 | |
| Total Assets | 137 | 204 | 250 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| -25 | 1 | |
| -68 | -50 | |
| 104 | 39 | |
| Net Cash Flow | 11 | -10 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Debtor Days | 61 | 73 |
| Inventory Days | 268 | 247 |
| Days Payable | 115 | 105 |
| Cash Conversion Cycle | 215 | 216 |
| Working Capital Days | 91 | 70 |
| ROCE % | 16% |
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
18 November 2025 - H1 revenue INR62.25cr; orders INR126.53cr and INR12.43cr; raised ~INR31.49cr.
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Analysts/Institutional Investor Meet/Con. Call Updates
13 November 2025 - Audio recording link for Nov 13, 2025 earnings call discussing H1 results for period ended Sep 30, 2025.
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Press Release
13 November 2025 - H1 FY26 consolidated revenue ₹62.25Cr; orders ₹126.53Cr and ₹12.43Cr; raised ₹31.49Cr preferentially.
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Statement of deviation(s) or variation(s) under Reg. 32
12 November 2025 - No deviation in use of Rs.3,148.98 lakh preferential-issue proceeds for half-year ended Sep 30, 2025.
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Outcome of Board Meeting
12 November 2025 - Approved unaudited standalone and consolidated results for half-year ended 30 Sep 2025; limited review and preferential-issue deviation certificate enclosed.
Annual reports
Concalls
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Nov 2025TranscriptPPT
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Jun 2025Transcript PPT
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Jan 2025TranscriptAI SummaryPPT
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Nov 2024Transcript PPT
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Jul 2024TranscriptAI SummaryPPT
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Jun 2024TranscriptPPT
Business Overview:[1]
TCL is an automotive ancillary company, specialising in high-pressure die casting, and precision machining of ferrous and non-ferrous materials and induction heating and quenching, catering to Automotive and Non-Automotive Customers.