TCL

Thaai Casting Limited

Listed company · ISIN INE0QJL01014 · NSE SM · FV ₹10
Last price
₹140
+0.32%today
What this company does

Thaai Casting Limited is a listed company. It booked ₹83 cr of revenue in its latest half year (H2 FY26) and kept 8.0% of sales as profit.

55out of 100
Equitytale Health Score
Mixed

Healthier than 55% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 2,335–2,886 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)
62

At close. Not part of the score.

Profitability & returns61

How much profit it earns on the money it employs

Balance sheet18

How much it owes, and whether earnings cover the interest

Cash quality83

Whether reported profit actually arrives as cash

Valuation37

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

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
A mixed picture
Strengths
✓ Makes a profit
✓ Promoters hold 60%
✓ No promoter shares pledged
✓ Strong 16% return on equity
Watch-outs
! Carries high debt (D/E 1.5)

What if I invest in TCL?

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 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — 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 We do not publish price targets or predict returns.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 half year + price
₹140▲ +0.32%
latest close · 2026-10-01
52-wk low ₹9850 sessions so far52-wk high ₹147
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 ratio26.0Average
LowAverageHigh
P/B ratio4.18High
Below bookModerateHigh
EV / EBITDA15.6High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity16.1%Strong
WeakFairStrong ▸15%
Return on capital16.8%Strong
WeakFairStrong
Net margin8.0%Decent
ThinDecentStrong
EBITDA margin18.1%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.48High
LowModerateHigh ▸1
Interest cover3.3×Okay
RiskyOkayStrong ▸5×
Current ratio0.97Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹347 cr
Book value
₹33
EPS
₹2.70
latest half year
Net debt
₹123 cr
owes more than its cash
Enterprise value
₹470 cr
EBITDA
₹30 cr
annualised
EBIT
₹30 cr
annualised
Operating margin
18.1%
Return on assets
4.6%
Earnings yield
3.85%
P/S
2.08
Sales / share
₹67.2
Tax rate
36.7%
Face value
₹10
Shares
2.5 cr
Working capital
₹-3 cr
Current assets
₹105 cr
Current liabilities
₹108 cr
Delivery %
75.2%
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 half year; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-10-01.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹40–₹40, midpoint ₹40

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 · H2 FY26 (consolidated)
Revenue from Operations₹83 cr
Other Income₹54.9 L
Total Income₹84 cr
Cost of Materials₹55 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹4 cr
Finance Costs₹5 cr
Other Expenses₹4 cr
Total Expenses₹73 cr
Profit before Tax₹11 cr
Tax Expense₹4 cr
Net Profit₹7 cr
Net margin on total income8.0%
Where the money goes · H2 FY26
% of total income
Materials + stock-in-trade₹55 cr65.8%
Employee benefit expense₹4 cr4.9%
Finance costs₹5 cr5.4%
Other expenses₹9 cr11.3%
Tax expense₹4 cr4.6%
Profit for the period₹7 cr8.0%
Total income ₹84 cradds up to ₹100 ✓
Half-yearly results · consolidated (₹ cr)
MetricH1 FY26H2 FY26
Revenue62 cr83 cr
Total income62 cr84 cr
Expenses55 cr73 cr
Profit before tax7 cr11 cr
Tax79.6 L4 cr
Net profit (owners' share)6 cr7 cr
Net margin (owners' share, on revenue)9.9%8.0%
EPS (₹)2.652.70
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹288 cr
Shareholder equity
₹83 cr
parent shareholders
Total debt
₹123 cr
Cash
₹15.8 L
Who owns it · 2026-03-31
No pledge
Promoter
60.4%
FII / Foreign
1.3%
DII / Domestic
2.3%
Retail / others
36.1%
Promoter stake down 3.2% over the last 4 quarters.
Smart-money activity
Bulk / block deals
BoughtRASHI ENTERPRISES · NSE1.55 L @ ₹124.8814 Aug 26
What shareholders were asked to approve

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 · 30 Sep 2026
See the official result
1
To receive, consider and adopt the audited Standalone Financial Statements of the Company for the financial year ended 31st March 2026 and the Reports of the Board of Directors and Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
5.67 L votes for, 800 against · 0% of mutual funds and other big investors said no
2
To receive, consider and adopt the audited Consolidated financial statements of the Company for the financial year ended 31st March 2026 and the reports of the Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
5.67 L votes for, 800 against · 0% of mutual funds and other big investors said no
3
To appoint a director in place of Mr. Sriramulu Anandan (DIN: 02354202), who retires by rotation and being eligible, offers himself for re-appointment as a Director
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
5.67 L votes for, 800 against · 0% of mutual funds and other big investors said no
4
To appoint a director in place of Mr. Sri Ramulu Rajasekar Ramakrishnan (DIN: 10063549), who retires by rotation and being eligible, offers himself for re-appointment as a Director
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
5.67 L votes for, 800 against · 0% 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 — 7 named members
owning 60.4% between them · as of 2026-03-31
ANANDAN S52.14%
C VENKATESAN5.55%
SAMUNDESWARI1.20%
RAMAKRISHNAN S R0.40%
SHEVAANI S A0.40%
R KAVITHA0.36%
ROSHAN Y R0.36%
Business done with them
FY2025 · 1 of the group
The company paid ₹0 cr to companies in the promoter group last year — about 0.0% of its ₹122 cr revenue.
S ANANDAN
Advances Taken During Year · remuneration loans
also owns 52.14% of the company
₹57.5 L
company received

The company also transacted with 8 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

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.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹31 cr raised in Sep 2025 by selling shares to selected investors

As of Mar 2026, the company says it has spent 100% of what it set aside.

CAPEX
100%
₹28 cr of ₹28 cr
GENERAL EXPENDITURE
100%
₹3 cr of ₹3 cr
Spent by quarter: 82% → 100% (to Mar 2026)

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

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