Electrosteel Castings Ltd

ELECTCAST

Watchlist

AI Mode

‌

Market Cap

₹ 4,633 Cr

P/E

9.35

‌

‌
‌

‌

‌
‌

Investment Checklist

How to read checklist?

Performance

STEADY PERFORMER

Valuation

REASONABLE

Growth

SLUGGISH

Profitability

MODERATE MARGIN

Technicals

Bearish

Risk

MODERATE RISK

Investment Checklist

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

Price

PE Ratio

Price

‌

Overview

Detailed Summary

Electrosteel Castings Limited is a leading Indian manufacturer of Ductile Iron (DI) Pipes and fittings, primarily serving the water infrastructure sector. They have recently acquired T.I.S. Service S.p.A., an Italian valve manufacturing firm, to bolster their international market presence, particularly in hydroelectric projects. Revenue dropped significantly due to a temporary slowdown in government funding, impacting their financial performance. The company continues to enhance operational efficiencies and develop new products to drive future growth.

Sector

Castings, Forgings & Fastners

Industry

Castings - Grey Iron

Market Cap

4,633 Cr

Volatility

High Risk

P/E Ratio

9.4

Industry P/E

10.7

PEG Ratio

—

P/B Ratio

0.8

52W High

160.80

52W Low

66.01

Sales CAGR

-2.11%

10.39%

22.16%

10Y

14.36%

Profit CAGR

-4.11%

29.80%

48.51%

10Y

32.68%

ROE

TTM

8.41%

11.55%

8.75%

10Y

6.84%

ROCE

TTM

8.59%

15.37%

12.52%

10Y

10.25%

Technicals

‌

Forecasts

Unlock Premium Features

Price, EPS and Revenue Projections

Strong SellSellHoldBuyStrong Buy

Hold

Strong Buy

Buy

Hold

Sell

Strong Sell

updated on

Dec 03, 2025

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
ELECTCAST	74.95	4,633 Cr	9.35	0.79	1.87	8.41	8.59	5.00
NELCAST	109.20	950 Cr	25.82	1.68	0.46	6.50	9.93	3.18
MAGNAELQ	900.00	379 Cr	17.42	2.73	0.67	15.66	19.55	11.50
DCM	93.40	174 Cr	6.65	3.66	0.00	55.00	46.03	20.05
BGWTATO	560.00	161 Cr	15.36	3.10	0.45	20.15	24.96	11.85
SUPERIRON	36.20	85 Cr	7.87	0.49	0.00	2.35	5.16	1.36
UNIAUTO	61.25	76 Cr	46.23	1.00	0.00	2.15	3.59	1.05

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	1,685	1,919	1,869	2,004	2,012	1,828	1,777	1,701	1,558	1,396
Expenses	1,525	1,619	1,463	1,693	1,658	1,560	1,522	1,541	1,387	1,303
Operating Profit	160	300	406	311	354	268	255	160	170	93
OPM %	9.52	15.65	21.74	15.53	17.57	14.64	14.35	9.38	10.93	6.65
Other Income	27	18	23	34	24	21	39	39	28	95
Interest	57	57	53	52	41	40	45	35	36	38
Depreciation	30	30	30	34	32	36	37	37	41	43
Profit Before Tax	100	231	346	260	305	212	213	126	121	107
Tax %	25.21	24.33	23.97	12.57	25.78	26.95	24.71	-33.20	26.51	26.71
Net Profit	75	175	263	227	226	155	160	168	89	78
EPS in Rs	1.21	2.82	4.23	3.69	3.65	2.51	2.59	2.72	1.44	1.27

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	2,118	2,268	2,699	2,711	3,474	5,281	7,276	7,478	7,320	6,863
Expenses	1,791	2,007	2,305	2,345	3,040	4,590	6,538	6,300	6,284	6,010
Operating Profit	327	261	395	366	434	691	738	1,178	1,036	852
OPM %	15.43	11.52	14.62	13.50	12.49	13.08	10.14	15.76	14.15	12.42
Other Income	100	81	-127	33	-191	63	85	102	123	127
Interest	210	210	235	228	208	195	286	219	161	156
Depreciation	67	62	59	57	90	115	121	125	142	151
Profit Before Tax	111	65	-26	114	-56	444	415	937	856	673
Tax %	30.33	-1.68	70.47	24.63	-71.78	21.77	23.87	21.03	17.10	14.87
Net Profit	78	66	-7.54	86	-96	348	316	740	710	573
EPS in Rs	—	—	0.62	2.61	-1.50	4.48	5.11	11.95	11.47	8.02
Dividend Payout %	12.38	8.65	0.00	7.79	-14.04	13.70	16.95	11.38	12.20	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	36	36	36	41	43	59	59	59	62	62
Reserves	2,455	2,349	2,443	2,595	2,837	3,667	4,044	4,323	5,051	5,720
Borrowings	2,015	1,854	1,417	1,609	1,509	2,138	2,967	2,667	2,332	2,125
Other Liabilities	1,203	1,280	1,505	1,177	1,204	1,289	1,554	1,469	1,663	1,788
Total Liabilities	5,708	5,519	5,401	5,421	5,593	7,152	8,624	8,519	9,108	9,695
Fixed Assets	1,780	1,707	1,678	1,633	1,703	2,633	2,763	2,731	2,928	3,102
CWIP	1,278	1,210	1,202	1,237	1,166	1,337	1,208	1,302	1,229	1,249
Investments	786	590	637	684	747	202	457	161	204	145
Other Assets	1,863	2,013	1,884	1,868	1,977	2,980	4,196	4,324	4,747	5,200
Total Assets	5,708	5,519	5,401	5,421	5,593	7,152	8,624	8,519	9,108	9,695

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	533	421	450	-46	225	444	-279	452	806	480
Cash from Investing Activity	71	72	-69	33	-20	129	-329	168	-37	-138
Cash from Financing Activity	-592	-332	-574	-5.16	-220	-419	609	-604	-720	-454
Net Cash Flow	12	162	-193	-18	-16	154	0.74	17	49	-112

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Jun 2023	Sep 2023	Dec 2023	Jan 2024	Feb 2024	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	44.08%	44.08%	44.08%	46.21%	46.21%	46.21%	46.21%	46.21%	46.21%	46.21%	46.21%	46.21%
FIIs	14.93%	15.33%	18.18%	17.49%	17.49%	19.70%	21.16%	19.73%	19.91%	20.06%	20.27%	19.25%
DIIs	1.93%	1.12%	0.67%	0.69%	0.69%	0.61%	0.68%	2.21%	0.84%	0.85%	0.44%	0.48%
Public	39.07%	39.47%	37.07%	35.60%	35.60%	33.48%	31.95%	31.84%	33.03%	32.88%	33.08%	34.06%
Total Shareholders	92,955	1,04,970	1,08,315	1,10,605	1,10,605	1,21,615	1,33,861	1,53,243	1,67,935	1,73,496	1,82,189	1,86,256

Market Transactions

Date	Party	Category	Type	Avg Price (₹)	Total Value (₹)	Quantity	Percent Traded
Sep 09, 2024	India opportunities growth fu...	Bulk	Sell	209.03	219.48 Cr	1,05,00,000	1.69
Apr 19, 2024	Ishares ii public limited com...	Bulk	Buy	196.21	63.35 Cr	32,28,750	0.52
Mar 15, 2024	Norges bank on account of the...	Bulk	Buy	155.83	64.74 Cr	41,54,313	0.67
Jan 29, 2024	Mangalam equity management pr...	Insider - Promoter Group	Acquisition	31.81	32.25 Cr	1,01,39,118	—
Jan 29, 2024	Ellenabarrie developers pvt ltd	Insider - Promoter Group	Acquisition	31.81	3.38 Cr	10,61,070	0.19
Jan 29, 2024	Tulsi highrise private limited	Insider - Promoter Group	Acquisition	31.81	13.88 Cr	43,62,179	—
Jan 29, 2024	Sri mayank kejriwal	Insider - Promoter	Acquisition	31.81	12.38 Cr	38,90,592	0.65
Jan 29, 2024	Wilcox merchants pvt ltd	Insider - Promoter Group	Acquisition	31.81	10.13 Cr	31,83,212	—
Jan 29, 2024	Sree khemisati construction p...	Insider - Promoter Group	Acquisition	31.81	2.25 Cr	7,07,380	0.11
Jan 29, 2024	Quinline dealcomm private lim...	Insider - Promoter Group	Acquisition	31.81	0.75 Cr	2,35,793	0.03

Projection

Unlock Premium Features

Get In-depth insights on EPS and Revenue forecasts

Actions

Action Type

‌
‌

Announcements

Last 7 days

Newest

Sentiment

Sorry, no results found!

Documents

Presentations

Concalls

Reports

Presentations

Investor Presentation

Q2 FY26

Investor Presentation

Q1 FY26

Investor Presentation

Q4 FY25

Investor Presentation

Q3 FY25

Investor Presentation

Q2 FY25

Investor Presentation

Q1 FY25

Investor Presentation

Q1 FY25

Investor Presentation

Q4 FY24

Showing 1 - 8 of 16

AI Mode

Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.

AI Mode

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
ELECTCAST	74.95	4,633 Cr	9.35	0.79	1.87	8.41	8.59	5.00
NELCAST	109.20	950 Cr	25.82	1.68	0.46	6.50	9.93	3.18
MAGNAELQ	900.00	379 Cr	17.42	2.73	0.67	15.66	19.55	11.50
DCM	93.40	174 Cr	6.65	3.66	0.00	55.00	46.03	20.05
BGWTATO	560.00	161 Cr	15.36	3.10	0.45	20.15	24.96	11.85
SUPERIRON	36.20	85 Cr	7.87	0.49	0.00	2.35	5.16	1.36
UNIAUTO	61.25	76 Cr	46.23	1.00	0.00	2.15	3.59	1.05

Overview

Detailed Summary

Sector

Castings, Forgings & Fastners

Industry

Castings - Grey Iron

Market Cap

4,633 Cr

Volatility

High Risk

P/E Ratio

9.4

Industry P/E

10.7

PEG Ratio

—

P/B Ratio

0.8

52W High

160.80

52W Low

66.01

Sales CAGR

-2.11%

10.39%

22.16%

10Y

14.36%

Profit CAGR

-4.11%

29.80%

48.51%

10Y

32.68%

ROE

TTM

8.41%

11.55%

8.75%

10Y

6.84%

ROCE

TTM

8.59%

15.37%

12.52%

10Y

10.25%