ELECTCASTCapital Goods

Electrosteel Castings Limited

Iron & Steel Products · ISIN INE086A01029 · BSE 500128 · NSE EQ · FV ₹1
Last price
₹74
-0.35%today
What this company does

Electrosteel Castings Limited operates in Iron & Steel Products, part of the Capital Goods sector. It booked ₹1,426 cr of revenue in its latest quarter (Q1 FY27) and kept 3.4% of sales as profit.

44out of 100
Equitytale Health Score
Strained

Healthier than 44% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 16–113 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
40

At close. Not part of the score.

Profitability & returns9

How much profit it earns on the money it employs

Balance sheet28

How much it owes, and whether earnings cover the interest

Cash quality90

Whether reported profit actually arrives as cash

Growth & consistency18

Whether sales and profit have grown, and how steadily

Valuation86

What today's price implies, against our models or its peers

Governance & risk67

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Some things to watchPriced in line with peers
Strengths
Makes a profit
Promoters hold 50%
Turns profit into real cash
Watch-outs
! Thin 3.4% net margin
! Sales down 8% vs last year
! Profit down 46% vs last year
! 10.5% of promoter stake pledged
! Low 3.3% return on equity

What if I invest in ELECTCAST?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹74 -0.35%
latest close · 2026-09-17
1-year return
+109.2%
52-wk low ₹2752-wk high ₹88
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio23.7Average
LowAverageHigh
P/B ratio0.77Below book
Below bookModerateHigh
EV / EBITDA10.4Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity3.3%Weak
WeakFairStrong ▸15%
Return on capital5.4%Weak
WeakFairStrong
Net margin3.4%Thin
ThinDecentStrong
EBITDA margin9.8%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.26Comfortable
LowModerateHigh ▸1
Interest cover3.5×Okay
RiskyOkayStrong ▸5×
Current ratio2.00Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹4,579 cr
Book value
₹96
EPS
₹0.78
latest quarter
Net debt
₹1,218 cr
owes more than its cash
Enterprise value
₹5,797 cr
EBITDA
₹557 cr
annualised
EBIT
₹383 cr
annualised
Operating margin
6.7%
Return on assets
2.0%
Earnings yield
4.21%
P/S
0.80
Sales / share
₹92.2
Tax rate
29.6%
Face value
₹1
Shares
61.8 cr
Working capital
₹2,355 cr
Current assets
₹4,702 cr
Current liabilities
₹2,347 cr
Delivery %
46.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The models disagree too widely to call this cheap or dear — likely a hard-to-compare or transitioning business.
Models span ₹56₹178, midpoint ₹109

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹1,426 cr
Other Income₹39 cr
Total Income₹1,465 cr
Cost of Materials₹710 cr
Purchases of Stock-in-Trade₹11 cr
Inventory Change (±)₹7 cr
Employee Benefit Expense₹158 cr
Finance Costs₹27 cr
Depreciation & Amortisation₹43 cr
Other Expenses₹439 cr
Total Expenses₹1,396 cr
Profit before Tax₹69 cr
Tax Expense₹20 cr
Net Profit₹48 cr
Net margin on total income3.3%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹729 cr49.7%
Employee benefit expense₹158 cr10.8%
Finance costs₹27 cr1.9%
Depreciation & amortisation₹43 cr3.0%
Other expenses₹439 cr30.0%
Tax expense₹20 cr1.4%
Profit for the period₹48 cr3.3%
Total income ₹1,465 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,472 cr1,493 cr1,426 cr
Total income1,526 cr1,530 cr1,465 cr
Expenses1,519 cr1,508 cr1,396 cr
Profit before tax-32 cr23 cr69 cr
Tax-10 cr7 cr20 cr
Net profit (owners' share)-22 cr16 cr48 cr
Net margin (owners' share, on revenue)-1.5%1.1%3.4%
EPS (₹)-0.350.260.78
YoY (latest quarter): total income -7.6% · net profit -45.7%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹9,461 cr
Shareholder equity
₹5,923 cr
parent shareholders
Total debt
₹1,513 cr
Cash
₹294 cr
Cash flow · H1 FY26
Operating
₹411 cr
Investing
₹-217 cr
Financing
₹-163 cr
Peer comparison
Iron & Steel Products · by market value
CompanyPriceMarket capP/E
Welspun Corp Limited₹2,460₹64,903 cr15.5
APL Apollo Tubes Limited₹2,149₹59,664 cr56.7
Shyam Metalics and Energy Limited₹1,077₹29,982 cr21.4
Ratnamani Metals & Tubes Limited₹2,703₹18,943 cr57.6
Jindal Saw Limited₹291₹18,622 cr44.7
Usha Martin Limited₹496₹15,122 cr26.6
Godawari Power And Ispat limited₹238₹14,709 cr16.6
Gallantt Ispat Limited₹538₹12,974 cr26.2
Maharashtra Seamless Limited₹720₹9,651 cr9.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.22%
trailing 12 months
Dividend / share (TTM)
₹0.9
Last dividend
₹0.9
ex 14 Aug 2026
ActionDetailEx-date
Dividend₹0.9 / share14 Aug 2026
Dividend₹1.4 / share14 Aug 2025
Dividend₹0.9 / share16 Aug 2024
Dividend₹0.5 / share21 Feb 2024
Dividend₹0.9 / share4 Sep 2023
Dividend₹0.8 / share8 Sep 2022
Who owns it · 2026-06-30
10.5% pledged
Promoter
50.1%
FII / Foreign
12.8%
DII / Domestic
0.4%
Retail / others
36.7%
Promoter stake up 6.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtBADRINATH INDUSTRIES LIMITED · Promoter Group20.09 L · ₹16.1 cr27 Mar 26
BoughtBADRINATH INDUSTRIES LIMITED · Promoter Group11.37 L · ₹8.8 cr25 Mar 26
BoughtELECTROSTEEL THERMAL COAL LIMITED · Promoter Group6.00 L · ₹4.5 cr20 Mar 26
Bulk / block deals
short · NSE2343 Sep 26
short · NSE2,0011 Sep 26
short · NSE131 Aug 26
Stake changes
BoughtElectrosteel Thermal Coal Limited · promoter→ 49.53% · 2.05 cr18 Mar 26
SoldIndia Opportunities Growth Fund Ltd→ 3.09% · 1.09 cr9 Sep 24
SoldMotilal Oswal Financial Services Ltd · promoter→ 5.36% · 1.09 cr9 Sep 24
Promoter pledges
ReleasedYes Bank Ltd7.73 L · 0.18% held24 Dec 20
ReleasedYes Bank Ltd15.55 L · 0.36% held24 Dec 20
ReleasedYes Bank Ltd32.30 L · 0.75% held24 Dec 20
What shareholders were asked to approve
6 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 31 Aug 2026
See the official result
1
To consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31 March, 2026, together with the Reports of the Directors and Auditors thereon
Backed by 66% of shareholders other than promotersneeded 50%
3.55 cr votes for, 1.86 cr against · 35% of mutual funds and other big investors said no
2
To consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31 March, 2026, together with the Report of the Auditors thereon
Backed by 64% of shareholders other than promotersneeded 50%
3.47 cr votes for, 1.94 cr against · 36% of mutual funds and other big investors said no
3
To declare a Final Dividend of Re. 0.90 (i.e., 90%) per share on the Equity Shares of face value of Re. 1/- each of the Company, for the Financial Year ended 31 March, 2026
Backed by 100% of shareholders other than promotersneeded 50%
5.43 cr votes for, 6,295 against · 0% of mutual funds and other big investors said no
4
To re-appoint Mrs. Priya Manjari Todi (DIN: 01863690), who retires by rotation and being eligible, offers herself for re-appointment as a Director of the Company.
Promoters had a personal stake in this
Backed by 98% of shareholders other than promotersneeded 50%
5.30 cr votes for, 12.54 L against · 2% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 31 named members
owning 50.1% between them · as of 2026-06-30
G. K. & SONS PRIVATE LTD8.19%
ELECTROCAST SALES INDIA LIMITED6.65%
MURARI INVESTMENT & TRADING COMPANY LTD.6.38%
ASHA KEJRIWAL/MAYANK KEJRIWAL-TRUSTEE OF SREEJI FAMILY BENEFIT TRUST5.67%
G.K.INVESTMENTS LTD.4.82%
UTTAM COMMERCIAL COMPANY LTD.4.18%
ELECTROSTEEL THERMAL COAL LIMITED3.41%
SREE KHEMISATI CONSTRUCTIONS PVT. LTD2.34%
Business done with them
FY2025 · 1 of the group
The company paid ₹1 cr to companies in the promoter group last year — about 0.0% of its ₹7,320 cr revenue.
TULSI HIGHRISE PVT LTD
Other payments to them · Rent Paid
also owns 0.71% of the company
₹1 cr
company paid

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.