Creative Casting

Why is Creative Castings Ltd falling/rising?

As of 17-Jul, Creative Castings Ltd's stock price is currently at 569.00, reflecting a decline after four days of gains and underperforming its sector. Despite a recent weekly increase, the stock has seen a significant drop over the past year, indicating potential weakness in momentum.

As of 17-Jul, Creative Castings Ltd's stock price is falling, currently at 569.00, which reflects a decrease of 9.95 or 1.72%. This decline comes after a period of four consecutive days of gains, indicating a trend reversal. Additionally, the stock has underperformed its sector by 4.26% today, which may contribute to the downward movement. <BR><BR>Despite a positive performance over the past week, where the stock rose by 8.38% compared to the Sensex's 0.75%, the year-to-date performance shows a modest increase of only 1.25%, contrasting sharply with the Sensex's decline of 8.30%. Over the past year, Creative Castings Ltd has experienced a significant drop of 14.56%, while the Sensex fell by only 4.99%. <BR><BR>The stock's current trading activity indicates a narrow range of Rs 1.2, and while it is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average, suggesting a potential weakness in momentum. Furthermore, although there has been a rise in delivery volume, increasing by 36.01% against the 5-day average, the overall liquidity remains low, which may also impact the stock's price negatively.

Which are the latest news on Creative Casting?

What does Creative Casting do?

Creative Castings Ltd, a Micro Cap company in the Castings & Forgings industry, reported net sales of 11 Cr and a net profit of 1 Cr for March 2026. The company has a market cap of INR 67 Cr, a P/E ratio of 16.00, and a dividend yield of 1.98%.

Overview:<BR>Creative Castings Ltd operates in the Castings & Forgings industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>Creative Castings Limited was incorporated on 22nd November 1985 and took over the business of the former Partnership Firm, M/s. Creative Castings, effective from 21st March 1986. The latest quarterly results report net sales and net profit for March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 11 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 1 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 67 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 16.00 <BR>Industry P/E: 46 <BR>Dividend Yield: 1.98% <BR>Debt Equity: -0.43 <BR>Return on Equity: 9.59% <BR>Price to Book: 1.44 <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

How big is Creative Casting?

As of 10th June, Creative Castings Ltd has a market capitalization of 67.00 Cr, with recent net sales of 48.28 Cr and a net profit of 4.37 Cr. Shareholder's funds are 41.97 Cr and total assets amount to 47.72 Cr.

As of 10th June, Creative Castings Ltd has a market capitalization of 67.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, Creative Castings reported Net Sales of 48.28 Cr and a Net Profit of 4.37 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 41.97 Cr and Total Assets of 47.72 Cr.

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 company secretary, overseeing the company's operations and strategy.

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 is responsible for overseeing the operations and strategic direction of the company.

Who are the peers of the Creative Casting?

Creative Casting's peers include Super Iron, Hilton Met.Forg., Smiths & Founder, Swastika Castal, Paramount Specia, Sharp Chucks, Deem Roll-Tech, Forge Auto, and Ganga Forging. In terms of management risk, Creative Casting is rated average, with varying growth and capital structure ratings among its peers.

Peers: The peers of Creative Casting are Super Iron, Hilton Met.Forg., Smiths & Founder, Swastika Castal, Paramount Specia, Sharp Chucks and, Deem Roll-Tech, Forge Auto, and Ganga Forging.<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, and Deem Roll-Tech. Below Average management risk is noted for Super Iron, Hilton Met.Forg., Smiths & Founder, Paramount Specia, and Ganga Forging. Growth is Excellent at Super Iron, Good at Swastika Castal and Forge Auto, Average at Hilton Met.Forg., and Below Average at Creative Casting, Smiths & Founder, Sharp Chucks and, Deem Roll-Tech, Paramount Specia, and Ganga Forging. Capital Structure is Good at Creative Casting, Average at Smiths & Founder, Swastika Castal, Paramount Specia, Deem Roll-Tech, and Forge Auto, and Below Average at Super Iron, Hilton Met.Forg., Sharp Chucks and, and Ganga Forging.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Smiths & Founder at 26.60%, while the lowest is Hilton Met.Forg. at -65.93%. Creative Casting's 1-year return is -13.25%, which is higher than Hilton Met.Forg. but lower than Smiths & Founder. Additionally, the six-month return is negative for Hilton Met.Forg., Swastika Castal, and Ganga Forging.

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?

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.

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.