Simplex Castings

Why is Simplex Castings Ltd falling/rising?

As of 11-Jun, Simplex Castings Ltd's stock price is at 477.45, down 0.37%, following a four-day decline of 5.86%. Despite a recent monthly increase of 8.54%, current trading shows reduced investor participation and bearish sentiment, contributing to downward pressure on the stock.

As of 11-Jun, Simplex Castings Ltd's stock price is currently at 477.45, reflecting a decrease of 1.75, or 0.37%. The stock has been experiencing a downward trend, having fallen for the last four consecutive days, resulting in a total decline of 5.86% during this period. This recent performance is in contrast to its performance over the past month, where the stock showed an increase of 8.54%, indicating volatility in the short term.<BR><BR>Today's trading session saw the stock reach an intraday high of Rs 494.95, which is a 3.29% increase from the previous close, but it also touched a low of Rs 463.3, marking a decline of 3.32%. The weighted average price indicates that more volume was traded closer to the lower price, suggesting a lack of strong buying interest at higher levels.<BR><BR>Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 60.85% compared to the five-day average. This decline in trading activity may contribute to the stock's falling price, as lower participation can lead to reduced demand. Despite the stock being above its longer-term moving averages, it is currently below its five-day moving average, which may signal a short-term bearish sentiment among investors. Overall, these factors combined indicate that Simplex Castings Ltd is currently facing downward pressure on its stock price.

Which are the latest news on Simplex Castings?

How big is Simplex Castings?

As of 10th June, Simplex Castings Ltd has a market capitalization of 398.00 Cr, with recent net sales of 90.91 Cr and a net profit of 12.25 Cr. Shareholder's funds are 45.43 Cr and total assets amount to 159.75 Cr as of March 2021.

As of 10th June, Simplex Castings Ltd has a market capitalization of 398.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, Simplex Castings reported Net Sales of 90.91 Cr and a Net Profit of 12.25 Cr.<BR><BR>The latest annual period for the balance sheet is March 2021, with Shareholder's Funds amounting to 45.43 Cr and Total Assets of 159.75 Cr.

Who are in the management team of Simplex Castings?

The management team of Simplex Castings includes Ketan M Shah (Chairman & Wholetime Director), Sangeeta Ketan Shah (Managing Director), and several independent and additional directors, along with Pooja Jethmal as Company Secretary. They oversee the company's operations and strategic direction.

The management team of Simplex Castings includes the following individuals:<BR><BR>1. **Ketan M Shah** - Chairman & Wholetime Director<BR>2. **Sangeeta Ketan Shah** - Managing Director<BR>3. **Ushma Nitin Khabaria** - Independent Director<BR>4. **Champak K Dedhia** - Independent Director<BR>5. **S M Swati** - Independent Director<BR>6. **Sajal Kumar Ghosh** - Additional Director<BR>7. **Pooja Jethmal** - Company Secretary & Compliance Officer<BR>8. **Shaileash Jain** - Additional Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction. If you need more specific information about any of the members or their roles, feel free to ask!

Who are the peers of the Simplex Castings?

Peers of Simplex Castings include Diffusion Eng, Oriental Rail, Mallcom (India), Sealmatic India, and others. Simplex Castings has the highest 1-year return at 55.75%, while Sealmatic India has the lowest at -30.24%.

Peers: The peers of Simplex Castings are Diffusion Eng, Oriental Rail, Mallcom (India), Sealmatic India, Indian Link Ch., Quest Flow, Alphalogic Indu, Expo Engineering, and Spunweb Nonwoven.<BR><BR>Quality Snapshot: Excellent management risk is observed at Diffusion Eng, Mallcom (India), and Sealmatic India, while Average management risk is found at Oriental Rail, Simplex Castings, Alphalogic Indu, and Emkay Tools, and the rest. Growth ratings show Excellent growth at Alphalogic Indu and Good growth at Simplex Castings and Emkay Tools, while Below Average growth is noted at Diffusion Eng, Mallcom (India), Sealmatic India, Oriental Rail, Quest Flow, and Expo Engineering, and the rest. Capital Structure is Excellent at Diffusion Eng, Mallcom (India), and Sealmatic India, while Below Average is seen at Simplex Castings, Oriental Rail, Expo Engineering, and the rest.<BR><BR>Return Snapshot: Simplex Castings has a 1-year return of 55.75%, the highest among its peers, while Sealmatic India has the lowest at -30.24%. The 1-year return of Simplex Castings significantly outperforms its peers. Additionally, peers with negative six-month returns include Sealmatic India, Oriental Rail, Mallcom (India), and Expo Engineering.

What does Simplex Castings do?

Simplex Castings Ltd is an Indian manufacturer of engineering products and castings for industrial sectors, established in 1941. As of March 2026, it reported net sales of 55 Cr and a net profit of 6 Cr, with a market cap of INR 398 Cr.

Overview:<BR>Simplex Castings Ltd is a leading Indian manufacturer of various engineering products, castings, and equipment for core industrial sectors, operating within the micro-cap market in the Other Industrial Products industry.<BR><BR>History:<BR>Simplex Castings Ltd was established in 1941 and has over 50 years of engineering experience. The latest quarterly results reported net sales and profit for March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 55 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 6 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 398 Cr (Micro Cap) <BR><BR>Key Metrics:<BR>P/E: 18.00 <BR>Industry P/E: 46 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.43 <BR>Return on Equity: 19.28% <BR>Price to Book: 3.54 <BR><BR>Contact Details:<BR>Address: 601/602A Fair Link Centre, Off Link Road Andheri(W) Mumbai Maharashtra : 400053 <BR>Tel: 91-022-40034768 <BR>Email: sclmumbai@simplexcasting.com <BR>Website: http://www.simplexcastings.com

Should I buy, sell or hold Simplex Castings Ltd?

Are Simplex Castings Ltd latest results good or bad?

Simplex Castings Ltd's latest results show strong long-term growth with a 30.56% increase in net profit year-on-year and a high return on equity of 35.65%. However, recent quarterly performance is concerning, with a 24.32% drop in net profit and rising interest costs, indicating potential operational challenges.

Simplex Castings Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹15.08 crores for the nine-month period ending December 2025, which is a commendable 30.56% increase year-on-year. Additionally, revenue for the first half of FY26 reached ₹102.94 crores, reflecting a strong growth of 33.17%. The return on equity (ROE) is notably high at 35.65%, indicating efficient capital utilization.<BR><BR>However, the quarterly performance reveals some concerning trends. In the most recent quarter, net sales showed a slight decline of 0.81% compared to the previous year, and net profit decreased by 24.32%. Operating profit also fell significantly, indicating pressures on profitability. Rising interest costs have further compounded these challenges, with a 25.63% increase in interest expenses.<BR><BR>Overall, while the long-term growth trajectory and capital efficiency metrics are positive, the recent quarterly results indicate operational difficulties that could impact sustainability. Investors should weigh these factors carefully when assessing the company's performance.

How has been the historical performance of Simplex Castings?

Simplex Castings has shown a fluctuating financial performance over the past three years, with a recovery in profitability in March 2021, reporting net sales of 86.63 Cr and a profit after tax of 6.60 Cr, following significant losses in the previous year. Total liabilities decreased, and operating profit improved significantly from a loss in March 2020.

Answer:<BR>The historical performance of Simplex Castings shows a fluctuating trend over the past three years, with significant changes in net sales, profits, and overall financial health.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2021, Simplex Castings reported net sales of 86.63 Cr, an increase from 78.05 Cr in March 2020 but a decline from 137.28 Cr in March 2019. Total operating income mirrored this trend, reaching 86.63 Cr in March 2021 compared to 78.05 Cr in the previous year and 137.28 Cr two years prior. The company experienced a notable reduction in total expenditure, which decreased to 69.83 Cr in March 2021 from 118.66 Cr in March 2020 and 134.65 Cr in March 2019. This led to an operating profit (PBDIT) of 19.37 Cr in March 2021, a significant recovery from a loss of 38.39 Cr in March 2020 and a profit of 4.96 Cr in March 2019. Profit before tax also improved to 5.84 Cr in March 2021 from a loss of 56.79 Cr in March 2020, while profit after tax turned positive at 6.60 Cr, recovering from a loss of 45.38 Cr the previous year. The company's total liabilities remained relatively stable at 159.75 Cr in March 2021, slightly down from 159.83 Cr in March 2020, but significantly lower than 328.26 Cr in March 2019. Cash flow from operating activities showed no inflow in March 2021, consistent with the previous year, while cash flow from investing activities was positive at 3.00 Cr, contrasting sharply with 82.00 Cr in March 2020. Overall, the financial data indicates a recovery in profitability for Simplex Castings in March 2021, despite the challenges faced in the previous years.

Is Simplex Castings overvalued or undervalued?

As of November 10, 2025, Simplex Castings is considered overvalued with a PE Ratio of 20.65 and an EV to EBITDA of 12.79, indicating it is priced higher than some peers despite a strong year-to-date return of 53.94%.

As of 10 November 2025, the valuation grade for Simplex Castings has moved from fair to expensive. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE Ratio of 20.65, an EV to EBITDA of 12.79, and a ROE of 32.22%. <BR><BR>In comparison to peers, Bharat Forge has a PE of 61.77 and an EV to EBITDA of 25.67, while CIE Automotive shows a PE of 20.57 and an EV to EBITDA of 12.21, indicating that Simplex Castings is priced higher relative to its earnings potential compared to some peers. Despite a strong performance with a year-to-date return of 53.94% against the Sensex's 6.91%, the current valuation suggests that investors may be paying a premium for future growth that may not materialize.

What is the technical trend for Simplex Castings?

As of June 3, 2025, Simplex Castings shows a neutral trend with mixed signals: the weekly MACD is bullish, the monthly MACD is mildly bearish, and while Bollinger Bands indicate some upward potential, daily moving averages are mildly bearish, suggesting a lack of strong momentum.

As of 3 June 2025, the technical trend for Simplex Castings has changed from mildly bullish to sideways. The weekly MACD remains bullish, while the monthly MACD is mildly bearish, indicating mixed signals. The Bollinger Bands show a mildly bullish stance on both weekly and monthly time frames, suggesting some upward potential. However, the daily moving averages are mildly bearish, which could be a concern for short-term traders. The KST is bullish on the weekly but mildly bearish on the monthly, further contributing to the mixed outlook. Overall, the current stance is neutral with a lack of strong momentum in either direction.

Who are the top shareholders of the Simplex Castings?

The top shareholder of Simplex Castings is Ketan Shah, holding 37.64%, with no pledged promoter holdings. Areeza India Strategy Partners LLP is the largest public shareholder at 4.56%, while individual investors collectively own 32.1% of the shares.

The top shareholders of Simplex Castings include the promoters, with Ketan Shah holding the largest stake at 37.64%. There are no pledged promoter holdings, and mutual funds and foreign institutional investors do not hold any shares in the company. The highest public shareholder is Areeza India Strategy Partners LLP, which owns 4.56%. Additionally, individual investors collectively hold 32.1% of the shares.

When is the next results date for Simplex Castings?

No Upcoming Board Meetings

Has Simplex Castings declared dividend?

Yes, Simplex Castings Ltd has declared a 5% dividend, amounting to 0.5 per share, with an ex-date of September 12, 2018. However, the dividend yield is 0%, as it has not contributed to total returns, which have been driven by significant price appreciation over the years.

Simplex Castings Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 12 Sep 18<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -2.47%, the dividend return was 0%, resulting in a total return of -2.47%.<BR><BR>For the 1-year period, the price return was 73.36%, the dividend return was 0%, leading to a total return of 73.36%.<BR><BR>Over the 2-year period, the price return was 664.53%, with a dividend return of 0%, resulting in a total return of 664.53%.<BR><BR>In the 3-year period, the price return was 668.39%, the dividend return was 0%, culminating in a total return of 668.39%.<BR><BR>For the 4-year period, the price return was 1350.6%, with a dividend return of 0%, leading to a total return of 1350.6%.<BR><BR>Finally, in the 5-year period, the price return was 1281.36%, the dividend return was 0%, resulting in a total return of 1281.36%.<BR><BR>Overall, while Simplex Castings has declared a dividend, the dividend yield remains at 0%, indicating that the dividend has not significantly contributed to total returns. The company has shown impressive price returns over multiple periods, highlighting strong capital appreciation.