Thaai Casting Ltd
Incorporated in June 2010, Thai Casting Ltd manufactures steel, alloy, and die casts[1]
- Market Cap ₹ 298 Cr.
- Current Price ₹ 129
- High / Low ₹ 184 / 77.2
- Stock P/E 24.7
- Book Value ₹ 36.0
- 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
* 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 | |
|---|---|---|
| 71 | 122 | |
| 51 | 92 | |
| Operating Profit | 20 | 30 |
| OPM % | 28% | 25% |
| 0 | 1 | |
| Interest | 3 | 7 |
| Depreciation | 2 | 7 |
| Profit before tax | 14 | 17 |
| Tax % | 26% | 29% |
| 11 | 12 | |
| EPS in Rs | 4.61 | 5.23 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 72% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 14% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -14% |
| 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 | |
|---|---|---|
| Equity Capital | 23 | 23 |
| Reserves | 49 | 60 |
| 46 | 90 | |
| 19 | 30 | |
| Total Liabilities | 137 | 204 |
| 61 | 93 | |
| CWIP | 4 | 11 |
| Investments | 0 | 0 |
| 71 | 100 | |
| Total Assets | 137 | 204 |
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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Outcome of Board Meeting
24 October 2025 - Board approved up to Rs 4.00 crore corporate guarantee to Sundaram Finance for subsidiary's lease finance; approved 24 Oct 2025.
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General Updates
18 October 2025 - Board approved THAAI FOUNDATION charitable trust registered 18-Oct-2025 for company CSR activities.
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
16 October 2025 - States Regulation 27(2) (Corporate Governance Report) not applicable for quarter ended Sep 30, 2025; Reg 23 remains applicable.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
6 October 2025 - Certificate under Reg 74(5) confirming dematerialisation for quarter ended 30 Sep 2025; no dematerialisations.
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Shareholders meeting
2 October 2025 - 02nd AGM held 30 Sep 2025; all resolutions approved; 57.74% votes polled.
Annual reports
Concalls
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Jun 2025Transcript PPT
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Jan 2025TranscriptNotesPPT
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Nov 2024Transcript PPT
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Jul 2024TranscriptNotesPPT
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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.