Magna Electrocas

how big is Magna Electrocas?

As of Jun 06, Magna Electro Castings Ltd has a market capitalization of 437.30 Cr and reported net sales of 176.45 Cr and net profit of 23.12 Cr over the latest four quarters. Shareholder's funds are 108.38 Cr, with total assets of 128.43 Cr as of Mar'24.

Market Cap: As of Jun 06, Magna Electro Castings Ltd has a market capitalization of 437.30 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes Mar'25, Dec'24, Sep'24, and Jun'24, is 176.45 Cr. The sum of Net Profit for the same period is 23.12 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: This is based on Standalone data for the latest annual period ending in Mar'24. Shareholder's Funds are reported at 108.38 Cr, while Total Assets amount to 128.43 Cr.

When is the next results date for Magna Electrocas?

No Upcoming Board Meetings

What does Magna Electrocas do?

Magna Electro Castings Ltd manufactures and sells cast iron components in the Castings & Forgings industry, with a market cap of Rs 449 Cr. As of March 2025, it reported net sales of 46 Cr and a net profit of 5 Cr.

Overview:<BR>Magna Electro Castings Ltd is engaged in the manufacturing and selling of cast iron components within the Castings & Forgings industry and operates in the micro-cap market.<BR><BR>History:<BR>Incorporated in 1990, Magna Electro Castings Ltd has been managed by N Krishna Samaraj. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 46 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 5 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 449 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 19.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.49% <BR>Debt-Equity: -0.21 <BR>Return on Equity: 21.33% <BR>Price to Book: 4.02 <BR><BR>Contact Details:<BR>Address: 43 (Old No 62), Balasundaram Road Coimbatore Tamil Nadu : 641018 <BR>Tel: 91-422-2240109 <BR>Email: info@magnacast.com <BR>Website: http://www.magnacast.com

Who are in the management team of Magna Electrocas?

As of March 2023, the management team of Magna Electrocas includes J Vijayakumar (Director), N Krishna Samaraj (Managing Director), M Malmarugan (Executive Director), and several independent directors: K Gnanasekaran, R Nandini, Jairam Varadaraj, G D Rajkumar, and Vijayalakshni Narendra, along with non-executive director Ajeya Vel Narayanaswamy.

As of March 2023, the management team of Magna Electrocas includes the following members:<BR><BR>1. J Vijayakumar - Director<BR>2. K Gnanasekaran - Independent Director<BR>3. R Nandini - Independent Director<BR>4. Jairam Varadaraj - Independent Director<BR>5. N Krishna Samaraj - Managing Director<BR>6. G D Rajkumar - Independent Director<BR>7. M Malmarugan - Executive Director<BR>8. Ajeya Vel Narayanaswamy - Non-Executive Director<BR>9. Vijayalakshni Narendra - Independent Director<BR><BR>This team comprises a mix of directors, including independent and executive roles, with a range of remuneration levels.

Has Magna Electrocas declared dividend?

Yes, Magna Electro Castings Ltd has declared a 50% dividend, amounting to ₹5 per share, with an ex-date of August 9, 2024. The company has shown strong total returns over various periods, particularly in the long term.

Magna Electro Castings Ltd has declared a 50% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 50%<BR>- Amount per share: 5<BR>- Ex-date: 09 Aug 24<BR><BR>Dividend Yield: 0.49%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -6.51%, with a dividend return of 0%, resulting in a total return of -6.51%.<BR><BR>For the 1-year period, the price return was 140.36%, the dividend return was 1.13%, leading to a total return of 141.49%.<BR><BR>Over the 2-year period, the price return was 218.36%, with a dividend return of 2.50%, culminating in a total return of 220.86%.<BR><BR>In the 3-year period, the price return was 496.22%, the dividend return was 6.02%, resulting in a total return of 502.24%.<BR><BR>For the 4-year period, the price return was 578.93%, with a dividend return of 6.90%, leading to a total return of 585.83%.<BR><BR>In the 5-year period, the price return was 902.47%, with a dividend return of 10.17%, culminating in a total return of 912.64%.<BR><BR>Overall, Magna Electro Castings Ltd has declared a significant dividend while showing strong total returns over various periods, particularly in the longer term, indicating a positive performance trend for investors.

Who are the peers of the Magna Electrocas?

Magna Electrocas's peers include AIA Engineering, Happy Forgings, Balu Forge, and others. It has average management risk and a 1-year return of 116.38%, lower than Balu Forge's 155.13% but higher than Hilton Met.Forg.'s -35.16%.

Peers: The peers of Magna Electrocas are AIA Engineering, Happy Forgings, Balu Forge, Steelcast, Amic Forging, Nitin Castings, Kalyani Forge, Hilton Met.Forg., and Gujarat Intrux.<BR><BR>Quality Snapshot: Excellent management risk is observed at AIA Engineering and Gujarat Intrux, while Average management risk is found at Happy Forgings, Balu Forge, Steelcast, Amic Forging, Magna Electrocas, Nitin Castings, Kalyani Forge, and Samrat Forgings, and Below Average management risk is noted at Hilton Met.Forg. and the rest. Growth is Excellent at Balu Forge, Good at Amic Forging and Nitin Castings, Average at Magna Electrocas, Happy Forgings, Steelcast, Kalyani Forge, and Samrat Forgings, and Below Average at AIA Engineering, Gujarat Intrux, and Hilton Met.Forg. Capital Structure is Excellent at AIA Engineering, Happy Forgings, Balu Forge, Steelcast, Nitin Castings, and Gujarat Intrux, Good at Amic Forging, Average at Magna Electrocas, and Below Average at Kalyani Forge, Hilton Met.Forg., and Samrat Forgings.<BR><BR>Return Snapshot: Balu Forge has the highest 1-year return at 155.13%, while Hilton Met.Forg. has the lowest at -35.16%, with Magna Electrocas showing a 1-year return of 116.38%, which is significantly higher than Hilton Met.Forg. but lower than Balu Forge. Additionally, the six-month returns are negative for Magna Electrocas, Happy Forgings, and Hilton Met.Forg.

Who are the top shareholders of the Magna Electrocas?

The top shareholder of Magna Electrocas is N Krishnasamaraj Huf, holding 18.19%, with no pledged promoter holdings. Elgi Equipments Limited is the largest public shareholder at 1.57%, while individual investors own a total of 32.84% of the shares.

The top shareholders of Magna Electrocas include the promoters, with N Krishnasamaraj Huf being the individual with the highest holding at 18.19%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Elgi Equipments Limited, which holds 1.57%. Additionally, individual investors collectively hold 32.84% of the shares.

Is Magna Electrocas technically bullish or bearish?

As of August 25, 2025, the trend is mildly bullish, supported by daily moving averages and monthly KST momentum, despite some caution from the weekly MACD, while the overall outlook remains positive due to bullish signals from the Bollinger Bands and Dow Theory.

As of 25 August 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating mild bullishness and the monthly KST showing bullish momentum. However, the weekly MACD is mildly bearish, which suggests some caution in the short term. The Bollinger Bands are bullish on the weekly timeframe, supporting the overall mildly bullish outlook. The Dow Theory indicates a bullish trend on the monthly timeframe, reinforcing the positive sentiment. Overall, while there are mixed signals, the strength of the bullish indicators on the monthly charts provides a favorable bias.

How has been the historical performance of Magna Electrocas?

Magna Electrocas has shown steady growth in net sales and profitability, with net sales reaching 176.45 Cr in March 2025, up from 143.70 Cr in March 2024. Key financial metrics, including operating profit and profit after tax, also improved significantly, reflecting a strong financial foundation.

Answer:<BR>The historical performance of Magna Electrocas shows a steady growth in net sales and profitability over the years, culminating in the fiscal year ending March 2025.<BR><BR>Breakdown:<BR>Magna Electrocas reported net sales of 176.45 Cr in March 2025, an increase from 143.70 Cr in March 2024 and 164.64 Cr in March 2023. The total operating income followed a similar trend, reaching 176.45 Cr in March 2025, up from 143.70 Cr in the previous year. The company's operating profit (PBDIT) also improved significantly, rising to 35.94 Cr in March 2025 from 24.97 Cr in March 2024. Profit before tax increased to 31.04 Cr in March 2025, compared to 20.41 Cr in March 2024, while profit after tax reached 23.12 Cr, up from 15.11 Cr. The earnings per share (EPS) saw a notable rise to 54.66 in March 2025 from 35.72 in March 2024. On the balance sheet, total assets increased to 182.71 Cr in March 2025, up from 128.43 Cr in March 2024, with total liabilities also rising to 182.71 Cr. The company maintained a strong book value per share of 305.53 in March 2025, reflecting its solid financial foundation. Cash flow from operating activities improved significantly to 39.00 Cr in March 2025, compared to 7.00 Cr in March 2024, although cash flow from investing activities showed a negative trend at -49.00 Cr. Overall, Magna Electrocas demonstrated robust growth in sales and profitability, alongside an increase in assets and shareholder equity.

Is Magna Electrocas overvalued or undervalued?

As of November 27, 2025, Magna Electrocas is considered undervalued with an attractive valuation grade, featuring a PE Ratio of 18.57 and a strong ROCE of 20.50%, especially when compared to peers like Bharat Forge and CIE Automotive, despite recent underperformance against the Sensex.

As of 27 November 2025, Magna Electrocas has moved from a fair to an attractive valuation grade. The company is currently considered undervalued based on its financial metrics. Key ratios include a PE Ratio of 18.57, an EV to EBITDA of 11.77, and a ROCE of 20.50%. <BR><BR>In comparison to peers, Bharat Forge has a significantly higher PE Ratio of 63.36, while CIE Automotive, which is also attractive, has a PE of 19.47. This indicates that Magna Electrocas is positioned favorably within its industry, particularly when considering its strong return on capital employed. Despite recent underperformance against the Sensex over the past year, the long-term returns of 129.90% over three years and 439.45% over five years suggest a robust growth trajectory that supports the current undervaluation narrative.

Are Magna Electro Castings Ltd latest results good or bad?

Magna Electro Castings Ltd's latest results are concerning, showing a 30.68% decline in net profit and a drop in operating margin to 15.32%, despite an 11.22% year-on-year revenue growth. Overall, the company faces significant challenges with profitability and margin compression.

Magna Electro Castings Ltd's latest results present a mixed picture, but overall, they lean towards the negative side. In Q3 FY26, the company reported a net profit of ₹3.75 crores, which is a significant decline of 30.68% compared to the previous quarter. This marks the lowest profitability level in recent quarters, indicating serious operational challenges.<BR><BR>While the company achieved an 11.22% year-on-year revenue growth, the sequential revenue dropped by 8.31%, suggesting weakening demand momentum. The operating margin also contracted to 15.32%, down from 18.08% in the previous quarter, reflecting increased cost pressures that the company has struggled to manage.<BR><BR>Additionally, the profit after tax (PAT) margin fell to 7.82%, down from 10.34% in the prior quarter, further highlighting the ongoing issues with profitability. The overall financial trend indicates that the company is facing significant headwinds, particularly in terms of margin compression and declining profits.<BR><BR>In summary, while there is some positive revenue growth on a year-over-year basis, the sharp declines in profitability and margins suggest that the latest results are concerning for Magna Electro Castings Ltd.

Should I buy, sell or hold Magna Electro Castings Ltd?

Why is Magna Electro Castings Ltd falling/rising?

As of 16-Mar, Magna Electro Castings Ltd's stock price is declining, currently at 878.50, down 0.87%. This decline is due to consecutive underperformance, negative returns over the past week and month, and disappointing financial results, despite a yearly gain.

As of 16-Mar, Magna Electro Castings Ltd is experiencing a decline in its stock price, currently at 878.50, down by 7.7 points or 0.87%. This downward movement is attributed to several factors. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 6.05% during this period. Additionally, the stock's performance today has underperformed the sector by 1.76%.<BR><BR>In terms of broader market performance, the stock has shown a negative return of 5.31% over the past week and 3.67% over the past month, while the Sensex has also declined but at a lesser rate. Despite a positive return of 8.44% over the past year, the company's profits have decreased by 7.8%, indicating potential underlying issues affecting investor confidence.<BR><BR>Moreover, the stock is trading below its moving averages across various time frames, suggesting a bearish trend. While there has been an increase in investor participation, as indicated by a 35.4% rise in delivery volume, this has not translated into a positive price movement. The recent negative financial results, including a significant drop in profit before tax and profit after tax compared to previous quarters, further contribute to the stock's decline. Overall, these factors collectively explain why Magna Electro Castings Ltd is currently falling.

Which are the latest news on Magna Electrocas?