Creative Casting

Why is Creative Castings Ltd falling/rising?

As of 01-Sep, Creative Castings Ltd's stock price is 660.20, down 1.07% after a six-day gain streak. Despite this short-term decline, the stock has strong long-term performance and fundamentals, indicating potential for recovery.

As of 01-Sep, Creative Castings Ltd's stock price is currently at 660.20, reflecting a decrease of 7.15 (-1.07%). This decline follows a trend reversal after six consecutive days of gains, indicating a short-term pullback in the stock's performance. Despite this recent drop, the stock has shown strong performance over various time frames, with a 1-week increase of 3.98%, a 1-month increase of 17.37%, and a year-to-date rise of 17.47%. <BR><BR>The stock is trading above its moving averages across multiple periods, which typically suggests a bullish trend. However, there has been a notable decrease in investor participation, with delivery volume falling by 30.17% compared to the 5-day average, which may indicate reduced interest from investors at this price level. <BR><BR>On a positive note, Creative Castings Ltd has reported strong financial results, including a significant growth in net sales and profits, which supports its valuation. The company has generated a return of 15.66% over the past year, outperforming the broader market, which may contribute to its overall attractiveness despite the recent price decline. Thus, while the stock is currently experiencing a fall, its longer-term performance and solid fundamentals suggest potential for recovery.

Who are in the management team of Creative Casting?

The management team of Creative Casting includes Rajan Ramniklal Bambhania (Managing Director), Siddharth Vallabhbhai Vaishnav (Executive Director), and several directors, including independent directors and a non-executive chairman, who collectively guide the company's strategic direction and ensure regulatory compliance.

The management team of Creative Casting includes the following individuals:<BR><BR>1. **Rajan Ramniklal Bambhania** - Managing Director<BR>2. **Siddharth Vallabhbhai Vaishnav** - Executive Director<BR>3. **Hiren Narottam Vadgama** - Director<BR>4. **Jignesh Shashikant Thanki** - 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<BR><BR>This team plays a crucial role in guiding the company's strategic direction and ensuring compliance with regulatory requirements.

What does Creative Casting do?

Creative Castings Ltd is a micro-cap company in the castings and forgings industry, with net sales of 14 Cr and a net profit of 2 Cr as of June 2026. It has a market cap of INR 88 Cr and key metrics include a P/E of 17.00 and a dividend yield of 1.51%.

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 dissolved partnership firm, M/s. Creative Castings, effective from 21st March 1986. The latest reported quarter for net sales and profit is June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 14 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 2 Cr (Quarterly Results - Jun 2026)<BR>- Market cap: INR 88 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 17.00<BR>- Industry P/E: 50<BR>- Dividend Yield: 1.51%<BR>- Debt Equity: -0.43<BR>- Return on Equity: 11.43%<BR>- Price to Book: 1.89<BR><BR>Contact Details:<BR>Address: 102, GIDC -II, Rajkot Road Dolatpara Junagadh Gujarat : 362003<BR>Tel: 91-0285-2660040/660224/660254<BR>Email: info@creative-cast.com<BR>Website: http://www.creative-cast.com

Who are the peers of the Creative Casting?

Creative Casting's peers include Swastika Castal, Hilton Met.Forg., Super Iron, Paramount Specia, Ganga Forging, Sharp Chucks, and Forge Auto. In terms of management risk, Creative Casting has an average rating, while its 1-year return is 17.08%, higher than Hilton Met.Forg. but lower than Swastika Castal's 54.89%.

Peers: The peers of Creative Casting are Swastika Castal, Hilton Met.Forg., Super Iron, Paramount Specia, Ganga Forging, Sharp Chucks and, Forge Auto, Deem Roll-Tech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Swastika Castal and Forge Auto, while Average management risk is found at Creative Casting, Sharp Chucks and, Deem Roll-Tech. Below Average management risk is noted at Hilton Met.Forg., Super Iron, Paramount Specia, Ganga Forging. For growth, Excellent growth is seen at Super Iron, Good growth at Swastika Castal and Hilton Met.Forg., while Below Average growth is present at Creative Casting, Paramount Specia, Ganga Forging, Sharp Chucks and, Forge Auto, and the rest. In terms of capital structure, Good capital structure is attributed to Creative Casting, Average capital structure is found at Swastika Castal, Paramount Specia, and Forge Auto, while Below Average capital structure is noted at Hilton Met.Forg., Super Iron, Ganga Forging, Sharp Chucks and, Deem Roll-Tech.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Swastika Castal at 54.89%, while the lowest is Hilton Met.Forg. at -55.89%. Creative Casting's 1-year return of 17.08% is higher than that of Hilton Met.Forg. but lower than Swastika Castal. Additionally, all peers except for Swastika Castal and Forge Auto have a six-month return of 0.00%.

How big is Creative Casting?

As of 31st August, Creative Castings Ltd has a market capitalization of 88.00 Cr, with recent net sales of 52.55 Cr and a net profit of 5.21 Cr. As of March 2025, shareholder's funds were 41.97 Cr and total assets were 47.72 Cr.

As of 31st August, Creative Castings Ltd has a market capitalization of 88.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Creative Castings reported Net Sales of 52.55 Cr and a Net Profit of 5.21 Cr.<BR><BR>The most recent annual period for the balance sheet is March 2025, where Shareholder's Funds amounted to 41.97 Cr and Total Assets were 47.72 Cr.

Which are the latest news on Creative Casting?

Should I buy, sell or hold Creative Castings Ltd?

Are Creative Castings Ltd latest results good or bad?

Creative Castings Ltd's latest results show strong growth in net profit and revenue, with increases of 54.90% QoQ and 24.62% QoQ, respectively. However, concerns about declining operating margins and long-term sustainability suggest that the overall outlook may not be entirely positive.

Creative Castings Ltd's latest results present a mixed picture. On one hand, the company reported a significant increase in both net profit and revenue for Q1 FY27, with net profit rising by 54.90% quarter-on-quarter (QoQ) and 113.51% year-on-year (YoY) to ₹1.58 crores. Revenue also saw a robust growth of 24.62% QoQ and 54.36% YoY, reaching ₹13.97 crores, marking it as one of the highest quarterly revenues in recent history.<BR><BR>However, despite these positive topline figures, the company faces structural challenges that raise concerns about its long-term sustainability. The operating margin, while improved YoY, declined sequentially by 0.86% to 12.88%, indicating potential pricing pressures or rising input costs that could affect profitability moving forward. Furthermore, the company's Mojo score of 34 out of 100 and a "SELL" rating suggest significant concerns regarding its long-term value creation and operational efficiency.<BR><BR>In summary, while the recent quarterly results show strong growth in revenue and profit, the underlying issues related to margin compression and overall business sustainability indicate that the results may not be entirely positive in the long run.

When is the next results date for Creative Castings Ltd?

The next results date for Creative Castings Ltd is August 1, 2026.

The next results date for Creative Castings Ltd is scheduled for August 1, 2026.

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.

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.

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.

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.