Electrost.Cast.

What does Electrost.Cast. do?

Electrosteel Castings Limited is a mid-cap company in the Iron & Steel Products industry, specializing in Ductile Iron Pipes and fittings for water supply and sewerage systems. As of March 2025, it reported net sales of ₹1,701 Cr and a net profit of ₹168 Cr, with a market cap of ₹6,599 Cr.

Overview: <BR>Electrosteel Castings Limited is a mid-cap company in the Iron & Steel Products industry, specializing in the manufacturing of Ductile Iron Pipes, Ductile Iron Fittings, and Cast Iron Pipes, while providing solutions for water supply and sewerage systems.<BR><BR>History: <BR>Electrosteel Castings Ltd was incorporated in the year 1964. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 1,701 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 168 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 6,599 Cr (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: 9.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.32 <BR>Return on Equity: 12.27% <BR>Price to Book: 1.14 <BR><BR>Contact Details: <BR>Address: Rathod Colony, P O Rajgangpur Sundargarh Orissa : 770017 <BR>Tel: 91-06624-220332 <BR>Email: companysecretary@electrosteel.com <BR>Website: http://www.electrosteel.com

Has Electrost.Cast. declared dividend?

Electrosteel Castings Ltd has declared a 50% dividend, amounting to 0.5 per share, with an ex-date of February 21, 2024. While recent total returns over shorter periods have been negative, the company has shown positive returns over longer periods.

Electrosteel Castings Ltd has declared a 50% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 50%<BR>- Amount per share: 0.5<BR>- Ex-date: Feb-21-2024<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -34.64%, with a dividend return of 0%, resulting in a total return of -34.64%.<BR><BR>Over the past year, the price return was -32.7%, the dividend return was 0%, leading to a total return of -32.7%.<BR><BR>In the last 2 years, the price return was 104.98%, with a dividend return of 2.50%, resulting in a total return of 107.48%.<BR><BR>For the 3-year period, the price return was 204.41%, the dividend return was 7.97%, culminating in a total return of 212.38%.<BR><BR>In the last 4 years, the price return was 233.33%, with a dividend return of 6.79%, resulting in a total return of 240.12%.<BR><BR>Over the past 5 years, the price return was 895.35%, with a dividend return of 19.27%, leading to a total return of 914.62%.<BR><BR>Overall, while Electrosteel Castings Ltd has declared a dividend, the recent total returns over shorter periods have been negative, indicating a challenging performance in the near term despite positive returns over longer periods.

Who are the peers of the Electrost.Cast.?

Electrost.Cast.'s peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Bansal Wire Inds, Jayaswal Neco, Kalyani Steels, and Goodluck India. In terms of performance, Electrost.Cast. has an average management risk and a 1-year return of -36.14%, lower than its peers.

Peers: The peers of Electrost.Cast. are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Bansal Wire Inds, Jayaswal Neco, Kalyani Steels, and Goodluck India.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes and Venus Pipes, while Good management risk is found at Welspun Corp, Shyam Metalics, Ratnamani Metals, and Bansal Wire Inds. Average management risk is present at Jindal Saw, Electrost.Cast., Kalyani Steels, and Goodluck India, and Below Average management risk is noted at Jayaswal Neco. For Growth, Excellent growth is seen at APL Apollo Tubes, Electrost.Cast., and Venus Pipes, while Average growth is found at Shyam Metalics, Ratnamani Metals, and Jayaswal Neco. Below Average growth is noted at Welspun Corp, Bansal Wire Inds, Jindal Saw, Kalyani Steels, and Goodluck India. Excellent capital structure is observed at APL Apollo Tubes, Shyam Metalics, Ratnamani Metals, and Kalyani Steels, while Average capital structure is present at Electrost.Cast. and Jindal Saw, and Below Average capital structure is noted at Welspun Corp, Bansal Wire Inds, Jayaswal Neco, and Goodluck India.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.53%, while the lowest is Jindal Saw at -23.06%. Electrost.Cast.'s 1-year return is -36.14%, which is lower than both of these peers. Additionally, Ratnamani Metals, Jindal Saw, Bansal Wire Inds, and Venus Pipes have negative six-month returns.

Who are in the management team of Electrost.Cast.?

As of March 2023, the management team of Electrost.Cast consists of 19 members, including Chairman Pradip Kumar Khaitan, 10 independent directors, and several non-independent executive directors, ensuring a diverse governance structure. Indranil Mitra serves as the Company Secretary & Compliance Officer.

As of March 2023, the management team of Electrost.Cast includes the following individuals:<BR><BR>1. Pradip Kumar Khaitan - Chairman & Independent Director<BR>2. Binod Khaitan - Independent Non-Executive Director<BR>3. Amrendra Verma - Independent Non-Executive Director<BR>4. Mohua Banerjee - Independent Non-Executive Director<BR>5. Rajkumar Khanna - Independent Non-Executive Director<BR>6. Viyas Mitre Ralli - Independent Non-Executive Director<BR>7. Bal Kishan Choudhury - Independent Non-Executive Director<BR>8. Virendra Sinha - Independent Non-Executive Director<BR>9. Umang Kejriwal - Non-Independent Executive Director<BR>10. Mayank Kejriwal - Non-Independent Executive Director<BR>11. Uddhav Kejriwal - Non-Independent Executive Director<BR>12. Sunil Katial - Executive Director / Whole Time Director<BR>13. Ashutosh Agarwal - Non-Independent Executive Director<BR>14. Radha Kinkari Kejriwal - Non-Independent Executive Director<BR>15. Nityangi Kejriwal - Non-Independent Executive Director<BR>16. Madhav Kejriwal - Non-Independent Executive Director<BR>17. Priya Manjari Todi - Non-Independent Executive Director<BR>18. Jinendra Kumar Jain - Independent Director<BR>19. Indranil Mitra - Company Secretary & Compliance Officer<BR><BR>This diverse team includes both independent and non-independent directors, contributing to the governance and executive management of the company.

Who are the top shareholders of the Electrost.Cast.?

The top shareholders of Electrost.Cast include G. K. & Sons Private Ltd with 8.19%, foreign institutional investors holding 20.06%, and Belgrave Investment Fund as the largest public shareholder at 5.77%. Individual investors collectively own 24.18% of the company.

The top shareholders of Electrost.Cast include a mix of promoters, institutional investors, and individual shareholders. The majority shareholders are the promoters, with G. K. & Sons Private Ltd holding the highest stake at 8.19%. Additionally, foreign institutional investors (FIIs) collectively hold 20.06% of the shares, while mutual funds account for 0.59% through five schemes. The highest public shareholder is Belgrave Investment Fund, which holds 5.77%. Individual investors collectively own 24.18% of the company.

How big is Electrost.Cast.?

As of 24th July, Electrosteel Castings Ltd has a market capitalization of 7,041.00 Cr, with net sales of 7,319.96 Cr and a net profit of 709.56 Cr for the latest four quarters. Shareholder's funds are 5,112.85 Cr, and total assets are 9,108.26 Cr as of March 2024.

As of 24th July, Electrosteel Castings Ltd has a market capitalization of 7,041.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, the company reported net sales of 7,319.96 Cr and a net profit of 709.56 Cr.<BR><BR>For the latest annual period ending March 2024, the shareholder's funds amounted to 5,112.85 Cr, while total assets were reported at 9,108.26 Cr.

Is Electrost.Cast. technically bullish or bearish?

As of 20 October 2025, Electrost.Cast shows a significant bearish sentiment, with bearish indicators across MACD, moving averages, and Bollinger Bands on both weekly and monthly time frames.

As of 20 October 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a strong indication of weakness. The MACD is bearish on both the weekly and monthly time frames, and moving averages are also bearish on the daily chart. Bollinger Bands show a bearish signal on the weekly and mildly bearish on the monthly. The KST is bearish weekly and mildly bearish monthly, while the Dow Theory indicates no trend in both weekly and monthly perspectives. Overall, the combination of these indicators suggests a significant bearish sentiment for Electrost.Cast.

When is the next results date for Electrost.Cast.?

The next results date for Electrost.Cast. is 10 November 2025.

The next results date for Electrost.Cast. is scheduled for 10 November 2025.

How has been the historical performance of Electrost.Cast.?

Electrost.Cast. experienced fluctuating financial performance, with net sales of 7,319.97 Cr in March 2025, a slight decrease from the previous year, while profitability metrics showed volatility, including a decline in operating profit and cash flow. Despite growth in total assets to 9,695.32 Cr, the company needs to focus on cost management and cash flow improvement.

Answer:<BR>The historical performance of Electrost.Cast. shows a fluctuating trend in net sales and profitability over the years leading up to March 2025.<BR><BR>Breakdown:<BR>Electrost.Cast. reported net sales of 7,319.97 Cr in March 2025, a slight decrease from 7,478.01 Cr in March 2024, but an increase from 7,275.51 Cr in March 2023. The total operating income followed a similar trend, reaching 7,319.97 Cr in March 2025. The company's operating profit (PBDIT) was 1,158.88 Cr in March 2025, down from 1,280.65 Cr in March 2024, but significantly higher than the 822.49 Cr recorded in March 2023. Profit before tax also showed a decline to 856.12 Cr in March 2025 from 937.30 Cr in March 2024, while profit after tax was 709.71 Cr, slightly lower than 740.15 Cr in the previous year. The company's total assets increased to 9,695.32 Cr in March 2025, up from 9,108.26 Cr in March 2024, reflecting growth in shareholder's funds which reached 5,781.59 Cr. However, total liabilities also rose to 9,695.32 Cr, indicating a need for careful management of debt, which was zero in March 2025 compared to 2,266.46 Cr in March 2024. Cash flow from operating activities decreased to 480.00 Cr in March 2025 from 802.00 Cr in March 2024, contributing to a net cash outflow of 111.00 Cr in March 2025. Overall, while Electrost.Cast. has shown growth in sales and assets, profitability metrics indicate some volatility, necessitating strategic focus on cost management and cash flow improvement.

Is Electrost.Cast. overvalued or undervalued?

As of November 27, 2025, Electrost.Cast. is considered very attractive and undervalued with a PE ratio of 9.28, significantly lower than industry peers like Bharat Forge and Sona BLW Precision, suggesting it may be a promising investment despite a year-to-date return of -46.34%.

As of 27 November 2025, the valuation grade for Electrost.Cast. has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, with a PE ratio of 9.28, a Price to Book Value of 0.78, and an EV to EBITDA of 8.93. These metrics suggest that Electrost.Cast. is trading at a discount compared to its peers.<BR><BR>In comparison to its industry peers, Electrost.Cast. stands out with a much lower PE ratio than Bharat Forge, which has a PE of 63.36, and Sona BLW Precision, which is at 50.4. Notably, its PEG ratio is 0.00, indicating potential for growth without the corresponding increase in price. Despite recent underperformance against the Sensex, with a YTD return of -46.34% compared to the Sensex's 9.70%, the company's strong fundamentals suggest it may be an attractive investment opportunity moving forward.

Are Electrosteel Castings Ltd latest results good or bad?

Electrosteel Castings Ltd's latest results are concerning, showing a net loss of ₹21.88 crores, a significant decline in profitability, and a 17.29% year-on-year revenue drop, indicating serious operational challenges and raising doubts about near-term recovery. The stock has also reacted negatively, declining 3.46% following the announcement.

Electrosteel Castings Ltd's latest results are concerning and can be classified as bad. In the third quarter of fiscal year 2026, the company reported a net loss of ₹21.88 crores, marking a significant decline of 127.95% quarter-on-quarter and 113.66% year-on-year. This loss breaks a trend of profitability and raises serious concerns about the company's operational health.<BR><BR>Revenue for the quarter was ₹1,471.81 crores, which, while showing a slight sequential recovery of 5.45% from the previous quarter, represents a 17.29% decline compared to the same quarter last year. The operating margin also fell dramatically to just 2.32%, the lowest in seven quarters, indicating severe margin compression and operational challenges.<BR><BR>Overall, the company's financial performance reflects significant struggles, including collapsing margins and declining revenue momentum, which raise doubts about its near-term profitability recovery. The stock has reacted negatively, declining 3.46% on the day following the results announcement and has underperformed the broader market significantly over the past year.

Should I buy, sell or hold Electrosteel Castings Ltd?

Why is Electrosteel Castings Ltd falling/rising?

As of 02-Apr, Electrosteel Castings Ltd's stock price is at 80.20, down 1.13%. The stock has underperformed significantly due to negative financial results, declining investor participation, and a poor return on capital, leading to a year-over-year decline of -19.72%.

As of 02-Apr, Electrosteel Castings Ltd's stock price is currently at 80.20, reflecting a decrease of 0.92, or 1.13%. The stock has been experiencing a downward trend, particularly highlighted by its performance over the past year, where it has generated a return of -19.72%, significantly underperforming the market, which saw a decline of only -4.30%.<BR><BR>Several factors contribute to this decline. The company has reported negative results for the last five consecutive quarters, with a notable drop in net sales of -8.49%. Furthermore, the profit after tax for the most recent quarter fell dramatically by -86.7% compared to the previous four-quarter average. This poor financial performance is compounded by a low return on capital employed (ROCE) of 7.1 and a concerning operating profit growth rate of just 2.21% annually over the last five years.<BR><BR>Additionally, investor participation has been falling, as indicated by a delivery volume that has decreased by -28.24% against the five-day average. This decline in trading activity suggests a lack of confidence among investors. Despite the stock trading at a discount compared to its peers' average historical valuations, the overall sentiment remains negative, particularly as domestic mutual funds hold only a minimal stake of 0.34%, indicating potential discomfort with the company's current valuation or business prospects.<BR><BR>In summary, the combination of poor financial results, declining investor participation, and underperformance relative to the market are key factors contributing to the falling stock price of Electrosteel Castings Ltd.

Which are the latest news on Electrost.Cast.?