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 17-Mar, Electrosteel Castings Ltd's stock price is at Rs 68.54, reflecting a 1.59% decrease and a total decline of 13.45% over the last three days. The stock is underperforming its sector and shows weak financial results, contributing to its bearish trend and declining investor interest.

As of 17-Mar, Electrosteel Castings Ltd's stock price is falling, currently at Rs 68.54, which reflects a decrease of Rs 1.11 or 1.59%. The stock has been on a downward trend, having lost value for the last three consecutive days, resulting in a total decline of 13.45% during this period. Today's performance indicates that it has underperformed its sector by 3.64%. <BR><BR>The stock's movement is further illustrated by its trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend. Additionally, the stock reached an intraday low of Rs 67.6, which is a 2.94% drop. The volume of shares traded has also decreased significantly, with delivery volume falling by 53.77% compared to the 5-day average, suggesting a lack of investor interest.<BR><BR>Financially, the company has been facing challenges, with a reported decline in net sales of 8.49% and negative results for the last five consecutive quarters. The profit before tax has fallen dramatically by 151.8% compared to the previous four-quarter average, and the profit after tax has decreased by 86.7%. This poor financial performance, coupled with a return on capital employed (ROCE) of only 7.1, indicates weak long-term growth prospects, which may contribute to the stock's decline. <BR><BR>Overall, the combination of negative financial results, declining investor participation, and underperformance relative to the market and sector are key factors driving the stock price of Electrosteel Castings Ltd lower.

Why is Electrosteel Castings Ltd falling/rising?

As of 18-Mar, Electrosteel Castings Ltd's stock price is rising to Rs 72.85, marking a 6.29% increase after a trend reversal. Despite this short-term gain, the stock has faced significant challenges over the past year, including a 25.66% decline and weak long-term growth prospects.

As of 18-Mar, Electrosteel Castings Ltd's stock price is rising, currently at Rs 72.85, reflecting a change of Rs 4.31 or 6.29% increase. This upward movement follows a trend reversal after three consecutive days of decline, indicating a potential recovery in investor sentiment. The stock has outperformed its sector by 2.95%, and it reached an intraday high of Rs 74.33, marking an 8.45% increase during the trading day.<BR><BR>Despite the recent positive movement, the stock has faced significant challenges over the past year, with a decline of 25.66% compared to the Sensex's increase of 1.86%. The company's financial performance has been under pressure, as evidenced by a 54.2% drop in profits and negative results reported for the last five consecutive quarters. Additionally, the stock's long-term growth prospects appear weak, with an operating profit growth rate of only 2.21% over the past five years and a fall in net sales of 8.49%.<BR><BR>While the stock is currently experiencing a rise, it is important to note that the overall investor participation has decreased, with a significant drop in delivery volume. Furthermore, the stock is trading at a discount compared to its peers, which may attract some investors looking for value. However, the low stake held by domestic mutual funds suggests a lack of confidence in the company's future performance. Overall, the recent rise in stock price may be a short-term reaction to market conditions rather than a reflection of improved fundamentals.

Why is Electrosteel Castings Ltd falling/rising?

As of 19-Mar, the stock price of Electrosteel Castings Ltd is declining, currently at 72.30, with a significant underperformance over the past year. The company has reported negative financial results, including a drastic drop in profit and sales, leading to low investor confidence and a falling stock price.

As of 19-Mar, the stock price of Electrosteel Castings Ltd is falling, currently at 72.30, reflecting a change of -0.55 (-0.75%). This decline is part of a broader trend, as the stock has underperformed the market significantly over the past year, generating a return of -28.78% compared to the BSE500's return of 1.22%. <BR><BR>Several factors contribute to this downward movement. The company has reported negative results for the last five consecutive quarters, with a particularly alarming drop in profit after tax (PAT) of -86.7% compared to the previous four-quarter average. Additionally, net sales have fallen by -8.49%, indicating a decline in revenue generation. The operating profit has shown minimal growth over the last five years, at an annual rate of just 2.21%, which raises concerns about the company's long-term growth prospects.<BR><BR>Investor sentiment appears to be affected by these poor financial results, as evidenced by a significant decrease in delivery volume, which fell by -35.73% against the five-day average. Furthermore, the company's return on capital employed (ROCE) is low at 7.1%, and its operating profit to interest ratio is the lowest at 0.92 times, suggesting financial strain. <BR><BR>Despite the stock trading at a discount compared to its peers, the lack of confidence from domestic mutual funds, which hold only 0.34% of the company, may indicate discomfort with the current price or business outlook. Overall, these negative financial indicators and declining investor participation contribute to the stock's falling price.

Why is Electrosteel Castings Ltd falling/rising?

As of 20-Mar, Electrosteel Castings Ltd's stock price is rising to Rs 74.73, up 3.79%. This increase is driven by short-term gains and positive investor sentiment, despite significant long-term challenges, including a -26.91% return over the past year.

As of 20-Mar, Electrosteel Castings Ltd's stock price is rising, currently at Rs 74.73, reflecting a change of Rs 2.73 or 3.79% increase. This upward movement can be attributed to several factors. Firstly, the stock outperformed its sector by 4.14% today and opened with a significant gain of 3.94%. Additionally, it reached an intraday high of Rs 77.87, marking an 8.15% increase during the trading session.<BR><BR>In the context of recent performance, the stock has shown a positive trend over the past week, with a return of +4.27%, while the benchmark Sensex remained nearly flat at -0.04%. Over the past month, Electrosteel Castings Ltd has also outperformed the Sensex, achieving a return of +5.94% compared to the Sensex's -10.00%. <BR><BR>Despite these short-term gains, it is important to note that the stock has faced significant challenges over the longer term, including a -26.91% return over the past year and a decline in profits by -54.2%. However, the current rise in stock price may reflect a temporary positive sentiment among investors, possibly due to its attractive valuation metrics, such as a return on capital employed (ROCE) of 7.1 and a low enterprise value to capital employed ratio of 0.8, indicating that it is trading at a discount compared to its peers.<BR><BR>Overall, while the stock is experiencing a rise in price at present, it is essential to consider the broader context of its long-term performance and the challenges it faces.

Which are the latest news on Electrost.Cast.?

Which are the latest news on Electrost.Cast.?

Which are the latest news on Electrost.Cast.?