Thaai Casting Ltd
Incorporated in 2011, Thaai Casting is an automotive ancillary / precision engineering company specialising in High Pressure Die Casting, precision machining, induction hardening, gas nitriding, gear shaping and Non-Ferrous Materials, Gear Shaping and Heavy Machining, enabling it to deliver end-to-end solutions for diverse industrial needs.[1]
- Market Cap ₹ 312 Cr.
- Current Price ₹ 128
- High / Low ₹ 147 / 74.0
- Stock P/E 23.8
- Book Value ₹ 45.7
- Dividend Yield 0.00 %
- ROCE 13.8 %
- ROE 13.4 %
- 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.
Peer comparison
Consumer Discretionary Automobile and Auto Components Auto Components Auto Components & Equipments
Part of Nifty SME Emerge
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 10m | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 71 | 122 | 146 | |
| 51 | 92 | 108 | |
| Operating Profit | 20 | 30 | 37 |
| OPM % | 28% | 25% | 26% |
| 0 | 1 | 0 | |
| Interest | 3 | 7 | 10 |
| Depreciation | 2 | 7 | 10 |
| Profit before tax | 14 | 17 | 18 |
| Tax % | 26% | 29% | 26% |
| 11 | 12 | 13 | |
| EPS in Rs | 4.61 | 4.78 | 5.24 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 19% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -1% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 23 | 23 | 24 |
| Reserves | 49 | 60 | 87 |
| 46 | 90 | 123 | |
| 19 | 30 | 56 | |
| Total Liabilities | 137 | 204 | 290 |
| 61 | 93 | 106 | |
| CWIP | 4 | 11 | 72 |
| Investments | 0 | 0 | 0 |
| 71 | 100 | 111 | |
| Total Assets | 137 | 204 | 290 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| -25 | 1 | 35 | |
| -68 | -50 | -84 | |
| 104 | 39 | 48 | |
| Net Cash Flow | 11 | -10 | -1 |
| Free Cash Flow | -93 | -44 | -53 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -118% | 16% | 103% |
Ratios
Consolidated / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 61 | 73 | 78 |
| Inventory Days | 268 | 226 | 202 |
| Days Payable | 115 | 96 | 196 |
| Cash Conversion Cycle | 215 | 204 | 84 |
| Working Capital Days | 91 | 70 | -9 |
| ROCE % | 16% | 14% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| HPDC Installed Capacity MT per annum |
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| Automotive Revenue Share % |
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| HPDC Capacity Utilization % |
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| HPDC Production Volume MT |
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| HPDC Vertical Revenue Share % |
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| Number of Customers count |
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| Number of Gas Nitriding Furnaces count |
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| Order Book ₹ Crore |
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Extracted by Screener AI
Documents
Announcements
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Regulation 74(5) compliance certificate filed for quarter ended 30 September 2026.
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Shareholders meeting
- Thaai Casting disclosed 3rd AGM voting results; all nine resolutions passed on 30 September 2026.
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Shareholders meeting
- 3rd AGM held on 30 Sep 2026; shareholders adopted FY26 accounts and approved reappointments.
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Trading Window
- Trading window closed from 1 October 2026 until 48 hours after Q2 FY2027 results.
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Copy of Newspaper Publication
- Newspaper ads published for 3rd AGM on 30 September 2026 via VC/OAVM.
Annual reports
-
Annual Report 2026
from nse
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Annual Report 2025
from nse
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Annual Report 2024
from nse
Concalls
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Jun 2026Transcript PPT
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Nov 2025Transcript
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Jun 2025Transcript PPT
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Jan 2025PPT
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Nov 2024Transcript PPT
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Jul 2024PPT
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Jun 2024Transcript
Product Profile:[1]
Company manufactures critical automotive components, viz.
a) Engine Mounting Support Brackets
b) Transmission Mounts
c) Fork Shifts and Housings
d) Armature Steering Wheels
e) Electrical Connectors
f) YFG Base Frames for both Right-hand and Left-hand drive sides
g) Housing units
h) Top Covers