Creative Casting

Has Creative Casting declared dividend?

Yes, Creative Castings Ltd has declared a 100% dividend, amounting to 10 per share, with an ex-date of September 20, 2024. While recent short-term returns have been negative, the company has shown positive total returns over the longer term.

Creative Castings Ltd has declared a 100% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 100%<BR>- Amount per share: 10<BR>- Ex-date: 20 Sep 24<BR><BR>Dividend Yield: 1.61%.<BR><BR>Total Returns by Period:<BR>Over the past 6 months, the price return was -23.94%, with a dividend return of 0%, resulting in a total return of -23.94%.<BR><BR>In the 1-year period, the price return was -21.46%, the dividend return was 1.25%, leading to a total return of -20.21%.<BR><BR>For the 2-year period, the price return was -0.5%, with a dividend return of 3.83%, resulting in a total return of 3.33%.<BR><BR>In the 3-year period, the price return was 63.56%, the dividend return was 8.25%, culminating in a total return of 71.81%.<BR><BR>Over the 4 years, the price return was 68.19%, with a dividend return of 11.22%, resulting in a total return of 79.41%.<BR><BR>In the 5-year period, the price return was 116.62%, the dividend return was 14.18%, leading to a total return of 130.8%.<BR><BR>Overall, Creative Castings Ltd has declared a substantial dividend, which reflects positively in the longer-term total returns, particularly over the 3, 4, and 5-year periods, despite some negative returns in the shorter terms.

Is Creative Casting overvalued or undervalued?

As of October 28, 2024, Creative Casting is fairly valued with a PE ratio of 21.22, lower than its expensive peers, and despite a year-to-date decline of 19.05%, it may represent a reasonable investment opportunity within its industry.

As of 28 October 2024, Creative Casting's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued. Key ratios include a PE Ratio of 21.22, an EV to EBITDA of 13.36, and a ROCE of 14.30%. <BR><BR>In comparison to its peers, Creative Casting's PE ratio is significantly lower than Bharat Forge's 59.98 and Sona BLW Precision's 51.71, which are categorized as very expensive. Additionally, CIE Automotive, which is rated attractive, has a PE ratio of 21.15, closely aligning with Creative Casting's valuation. Despite recent stock performance lagging behind the Sensex, particularly with a year-to-date decline of 19.05% compared to the Sensex's gain of 5.61%, the current valuation suggests that Creative Casting may present a reasonable investment opportunity within its industry.

What is the technical trend for Creative Casting?

As of June 6, 2025, Creative Casting's trend has shifted to bearish, supported by bearish daily moving averages and Bollinger Bands, despite mixed signals from the MACD and KST indicators.

As of 6 June 2025, the technical trend for Creative Casting has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include the daily moving averages which are bearish, and the Bollinger Bands indicating bearish conditions on both weekly and monthly time frames. The MACD shows a mildly bullish signal on the weekly but is mildly bearish on the monthly, suggesting mixed signals. The KST is also mildly bullish weekly but bearish monthly, further contributing to the bearish outlook. Overall, the combination of these indicators points to a bearish trend in the current market environment.

Who are the peers of the Creative Casting?

Creative Casting's peers include Gujarat Intrux, Hilton Met.Forg., Samrat Forgings, and others, with varying management risks and growth rates. Gujarat Intrux leads in 1-year returns at 23.04%, while Creative Casting has a return of -21.05%.

Peers: The peers of Creative Casting are Gujarat Intrux, Hilton Met.Forg., Samrat Forgings, Krishanveer Forg, Super Iron, Smiths & Founder, Paramount Specia, Ganga Forging, Sharp Chucks and.<BR><BR>Quality Snapshot: Excellent management risk is observed at Gujarat Intrux and Paramount Specia, while Good management risk is found at Super Iron, and Average management risk is present at Samrat Forgings, Krishanveer Forg, Creative Casting, and Sharp Chucks and. Below Average management risk is noted at Hilton Met.Forg., Smiths & Founder, Ganga Forging, and Deem Roll-Tech. Growth is Excellent at Krishanveer Forg, while Average growth is seen at Super Iron and the rest have Below Average growth. Capital Structure is Excellent at Gujarat Intrux and Krishanveer Forg, Good at Creative Casting, Average at Paramount Specia, and Below Average at Hilton Met.Forg., Samrat Forgings, Super Iron, Smiths & Founder, Ganga Forging, Sharp Chucks and, and Deem Roll-Tech.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Gujarat Intrux at 23.04%, while the lowest is Hilton Met.Forg. at -26.67%. Creative Casting's 1-year return is -21.05%, which is better than Hilton Met.Forg. but worse than Gujarat Intrux. Additionally, peers with negative six-month returns include Hilton Met.Forg., Smiths & Founder, and Super Iron.

Who are in the management team of Creative Casting?

As of March 2022, the management team of Creative Casting includes Hiren Narottam Vadgama, Jignesh Shashikant Thanki, Rajan Ramniklal Bambhania (Managing Director), Siddharth Vallabhbhai Vaishnav (Executive Director), and several independent directors, along with a Chairman and Company Secretary.

As of March 2022, the management team of Creative Casting includes the following individuals:<BR><BR>1. Hiren Narottam Vadgama - Director<BR>2. Jignesh Shashikant Thanki - Director<BR>3. Rajan Ramniklal Bambhania - Managing Director<BR>4. Siddharth Vallabhbhai Vaishnav - Executive Director<BR>5. D. H. Dand - Chairman (Non-Executive)<BR>6. Ektaben Harasukhbhai Bhimani - Company Secretary & Compliance Officer<BR>7. Ramniklal Tilva - Independent Director<BR>8. Ketan Panchmiya - Independent Director<BR>9. Bhavesh Sureja - Independent Director<BR>10. Ruta Gardi - Independent Director<BR>11. Palak Jayeshbhai Doshi - Independent Director

What does Creative Casting do?

Creative Castings Ltd is a micro-cap company in the castings and forgings industry, reporting net sales of ₹106 Cr and a net profit of ₹10 Cr for the quarter ending March 2025. The company has a market cap of ₹81 Cr and key financial metrics include a P/E ratio of 23.00 and a dividend yield of 1.56%.

Overview:<BR>Creative Castings Ltd operates in the castings and forgings industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Creative Castings Limited was incorporated on 22nd November 1985, initially as "Creative Castings Private Limited." The company took over the business of the former partnership firm, M/s. Creative Castings, effective from 21st March 1986, following the dissolution of the partnership. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 106 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 10 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 81 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 23.00 <BR>Industry P/E: 32 <BR>Dividend Yield: 1.56% <BR>Debt Equity: -0.30 <BR>Return on Equity: 8.65% <BR>Price to Book: 1.98 <BR><BR>Contact Details:<BR>Address: 102, GIDC -II, Rajkot Road Dolatpara Junagadh Gujarat : 362003 <BR>Tel: 91-0285-2660040/660224/660254 <BR>Fax: 91-0285-2661348 <BR>Email: info@creative-cast.com <BR>Website: http://www.creative-cast.com

Who are the top shareholders of the Creative Casting?

The top shareholders of Creative Casting include promoter Rajan R Bambhania with 6.52%, public shareholders Keyur Mansukhbhai Thanki and Vishal Prabhudas Abhani at 4.22%, and individual investors holding 22.78%. There are no mutual funds or foreign institutional investors currently involved.

The top shareholders of Creative Casting include the promoters, who hold the majority of the shares. The promoter with the highest holding is Rajan R Bambhania, who owns 6.52% of the company. In terms of public shareholders, Keyur Mansukhbhai Thanki and Vishal Prabhudas Abhani are the highest, holding 4.22%. Additionally, individual investors collectively hold 22.78% of the shares. There are currently no mutual funds or foreign institutional investors (FIIs) holding shares in the company.

How big is Creative Casting?

As of 24th July, Creative Castings Ltd has a market capitalization of 86.00 Cr, with recent net sales of 43.51 Cr and a net profit of 3.63 Cr over the last four quarters.

As of 24th July, <BR><BR>Market Cap: Creative Castings Ltd has a market capitalization of 86.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 43.51 Cr, while the sum of Net Profit for the same period is 3.63 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2024. Shareholder's Funds are valued at 38.99 Cr, and Total Assets amount to 45.42 Cr.

How has been the historical performance of Creative Casting?

Creative Casting experienced a decline in net sales and profits from March 2024 to March 2025, with net sales dropping from 52.26 Cr to 43.51 Cr and profit after tax decreasing from 5.07 Cr to 3.63 Cr, despite an increase in total assets and improved cash flow from operations.

Answer:<BR>The historical performance of Creative Casting shows fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Creative Casting's net sales peaked at 52.26 Cr in March 2024 but declined to 43.51 Cr by March 2025. The total operating income followed a similar trend, decreasing from 52.26 Cr in March 2024 to 43.51 Cr in March 2025. Raw material costs also decreased from 21.52 Cr in March 2024 to 17.26 Cr in March 2025, while employee costs slightly increased from 4.99 Cr to 5.05 Cr over the same period. The total expenditure, excluding depreciation, was 45.98 Cr in March 2024 and reduced to 38.68 Cr in March 2025. Operating profit before interest, depreciation, and taxes (PBDIT) fell from 6.28 Cr to 4.83 Cr, leading to a profit before tax of 5.32 Cr in March 2025, down from 6.53 Cr in March 2024. Profit after tax also decreased from 5.07 Cr to 3.63 Cr in the same timeframe. The company's total assets increased from 45.42 Cr in March 2024 to 47.72 Cr in March 2025, while total liabilities rose from 45.42 Cr to 47.72 Cr. Cash flow from operating activities improved to 5.00 Cr in March 2025 from 3.00 Cr in March 2024, but the net cash inflow remained at 0.00 Cr for both years. Overall, Creative Casting's financial performance reflects a decline in sales and profits, despite an increase in total assets and cash flow from operations.

When is the next results date for Creative Castings Ltd?

The next results date for Creative Castings Ltd is 16 May 2026.

The next results date for Creative Castings Ltd is scheduled for 16 May 2026.

Are Creative Castings Ltd latest results good or bad?

Creative Castings Ltd's latest results show a significant 35.03% decline in net profit and a 22.30% drop in revenue quarter-on-quarter, despite a year-on-year revenue increase of 7.53% and improved operating margins. Overall, the mixed performance suggests caution for investors due to concerns about sustainability and underperformance relative to the sector.

Creative Castings Ltd's latest results indicate a mixed performance, with some concerning trends. In Q4 FY26, the company reported a net profit of ₹1.02 crore, which represents a significant decline of 35.03% compared to the previous quarter. This sharp drop in net profit is troubling, especially given the relatively stable operating performance.<BR><BR>On the revenue front, Creative Castings generated ₹11.43 crore, reflecting a quarter-on-quarter decline of 22.30%. However, it did achieve a year-on-year increase of 7.53%, which shows some resilience compared to the same period last year. The operating margin improved slightly to 13.47%, indicating better operational efficiency, but the overall decline in net profit raises concerns about the sustainability of this improvement.<BR><BR>Moreover, the company's return on equity (ROE) stands at 10.25%, which is below average for the industry, highlighting issues with capital efficiency. The stock has also underperformed significantly over the past year, declining 9.30% compared to a broader market decline, while the sector has seen substantial growth.<BR><BR>In summary, while there are some positive aspects, such as year-on-year revenue growth and improved operating margins, the sharp decline in net profit and overall underperformance against the sector suggest that the latest results are more negative than positive. Investors may need to exercise caution given these mixed signals.

Should I buy, sell or hold Creative Castings Ltd?

Why is Creative Castings Ltd falling/rising?

As of 27-May, Creative Castings Ltd's stock price is rising to 561.70, reflecting a 6.55% increase after three days of decline, indicating a potential trend reversal. Increased investor participation and strong initial interest contribute to this upward movement, despite some longer-term challenges.

As of 27-May, Creative Castings Ltd's stock price is rising, currently at 561.70, which reflects an increase of 34.55 or 6.55%. This upward movement is notable as it comes after three consecutive days of decline, indicating a potential trend reversal. The stock opened with a gain of 4.33% today, suggesting strong initial investor interest. Additionally, the stock has outperformed its sector by 6.41%, which may attract further investment.<BR><BR>Investor participation has also increased, with a delivery volume on 26 May rising by 132.5% compared to the 5-day average, indicating heightened interest and confidence among investors. The stock's performance today has been bolstered by its intraday high of Rs 561.7, which aligns with the overall positive sentiment reflected in its current price change. Despite some longer-term challenges, such as a 1-month decline of 6.38%, the immediate factors contributing to the rise in stock price include the strong opening, increased trading volume, and positive performance relative to the sector.

Which are the latest news on Creative Casting?