Steelcast

Which are the latest news on Steelcast?

Why is Steelcast Ltd falling/rising?

As of 06-Aug, Steelcast Ltd's stock price is at 337.35, down 0.12% after two days of declines. Despite this short-term dip, the stock has a year-to-date increase of 60.26% and strong long-term growth indicators, suggesting potential for future investor interest.

As of 06-Aug, Steelcast Ltd's stock price is currently at 337.35, reflecting a slight decline of 0.4 points or 0.12%. This decrease comes after two consecutive days of falling prices, during which the stock has lost 0.81% in returns. Despite this recent downturn, the stock has shown strong performance over longer periods, with a year-to-date increase of 60.26% compared to a decline of 7.35% in the benchmark Sensex. <BR><BR>The stock is also close to its 52-week high, being only 2.39% away from the peak of Rs 344.5. However, it has underperformed its sector by 0.76% today, which may contribute to the current price decline. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 21.82% against the 5-day average, indicating reduced trading activity. <BR><BR>On a positive note, Steelcast Ltd maintains a high management efficiency with a return on equity (ROE) of 25.20% and a low debt-to-equity ratio of 0.09, suggesting financial stability. The company has also demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 34.42%. Overall, while the stock is experiencing a short-term decline, its long-term performance remains strong, which may influence investor sentiment moving forward.

Has Steelcast Ltd declared dividend?

Yes, Steelcast Ltd has declared a 45% dividend, amounting to approximately 0.54 per share, with an ex-date of August 7, 2026. The company has shown strong total returns across various periods, with a total return of 571.67% over the past 5 years.

Steelcast Ltd has declared a 45% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 45%<BR>- Amount per share: 0.5406180510137344<BR>- Ex-date: 07 Aug 26<BR><BR>Dividend Yield: 0.53%<BR><BR>Total Returns by Period:<BR>Over the past 3 months, Steelcast Ltd has achieved a price return of 7.94%, a dividend return of 0.35%, resulting in a total return of 8.29%.<BR><BR>In the last 6 months, the company experienced a price return of 68.1% and a dividend return of 0.68%, leading to a total return of 68.78%.<BR><BR>For the 1-year period, the price return was 36.59% with a dividend return of 1.04%, culminating in a total return of 37.63%.<BR><BR>Over 2 years, Steelcast Ltd saw a price return of 142.2% and a dividend return of 2.73%, achieving a total return of 144.93%.<BR><BR>In the 3-year period, the company recorded a price return of 192.4% alongside a dividend return of 4.25%, resulting in a total return of 196.65%.<BR><BR>For the 4-year period, the price return was 262.06% with a dividend return of 7.96%, leading to a total return of 270.02%.<BR><BR>Lastly, over the past 5 years, Steelcast Ltd experienced a remarkable price return of 553.45% and a dividend return of 18.22%, resulting in a total return of 571.67%.<BR><BR>Overall, Steelcast Ltd has declared a significant dividend and demonstrated strong total returns across multiple periods, indicating a positive performance trajectory for the company.

Should I buy, sell or hold Steelcast Ltd?

When is the next results date for Steelcast Ltd?

The next results date for Steelcast Ltd is 29 July 2026.

The next results date for Steelcast Ltd is scheduled for 29 July 2026.

How big is Steelcast?

As of 10th June, Steelcast Ltd has a market capitalization of 2,930.00 Cr, with recent net sales of 423.17 Cr and a net profit of 86.86 Cr. Shareholder's funds are 325.87 Cr, and total assets amount to 389.36 Cr.

As of 10th June, Steelcast Ltd has a market capitalization of 2,930.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest 4 quarters, Steelcast reported Net Sales of 423.17 Cr and a Net Profit of 86.86 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 325.87 Cr and Total Assets of 389.36 Cr.

Who are in the management team of Steelcast?

The management team of Steelcast includes Chetan M Tamboli (Chairman & Managing Director), Rushil C Tamboli, Ashutosh H Shukla, and Subhash R Sharma (Executive Directors), along with several Non-Executive and Independent Directors such as Apurva R Shah and Aarushi M Ganatra. This diverse team provides a balance of executive leadership and independent oversight.

The management team of Steelcast includes the following members:<BR><BR>1. **Chetan M Tamboli** - Chairman & Managing Director<BR>2. **Apurva R Shah** - Non-Executive & Independent Director<BR>3. **Rushil C Tamboli** - Executive Director<BR>4. **Vidhi C Tamboli** - Non-Executive & Non-Independent Director<BR>5. **Hemantbhai D Dholakia** - Non-Executive & Independent Director<BR>6. **Umesh V Bhatt** - Company Secretary & Compliance Officer<BR>7. **Aarushi M Ganatra** - Non-Executive & Independent Director<BR>8. **Harsh R Gandhi** - Independent Director<BR>9. **Rajiv D Gandhi** - Independent Director<BR>10. **Ashutosh H Shukla** - Executive Director<BR>11. **Subhash R Sharma** - Executive Director<BR><BR>This team brings a mix of executive and independent oversight to the company’s operations.

Who are the peers of the Steelcast?

Steelcast's peers include AIA Engineering, Happy Forgings, Balu Forge, and others, with varying management risks and growth rates. Happy Forgings leads in 1-year returns at 40.71%, while Steelcast has a return of 25.56%.

Peers: The peers of Steelcast are AIA Engineering, Happy Forgings, Balu Forge, Amic Forging, Nelcast, Synergy Green, Inv.& Prec.Cast., Magna Electrocas, ANB Metal, and Tirupati Forge.<BR><BR>Quality Snapshot: Excellent management risk is observed at AIA Engineering, Steelcast, and Magna Electrocas, while Average management risk is found at Happy Forgings, Balu Forge, Amic Forging, Nelcast, Synergy Green, Inv.& Prec.Cast., ANB Metal, and Tirupati Forge. Good growth is noted at Steelcast, Balu Forge, Amic Forging, and Magna Electrocas, while Average growth is seen at Inv.& Prec.Cast., and Below Average growth is present at AIA Engineering, Happy Forgings, Synergy Green, and the rest. Excellent capital structure is held by AIA Engineering, Happy Forgings, Balu Forge, Steelcast, Amic Forging, and Magna Electrocas, while Below Average capital structure is noted at Nelcast, Synergy Green, Inv.& Prec.Cast., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Happy Forgings at 40.71%, while Balu Forge has the lowest at -42.92%. Steelcast's 1-year return of 25.56% is higher than Balu Forge's but lower than Happy Forgings'. Additionally, Balu Forge and Magna Electrocas have negative six-month returns.

What does Steelcast do?

Steelcast Ltd manufactures high-quality castings and operates in the Castings & Forgings industry. As of March 2026, it reported net sales of ₹112 Cr and a net profit of ₹23 Cr, with a market cap of ₹2,930 Cr.

Overview:<BR>Steelcast Ltd is a company engaged in the manufacturing of high-quality castings, operating within the Castings & Forgings industry and categorized as a Small Cap.<BR><BR>History:<BR>Steelcast Ltd was originally incorporated as 'Steelcast Bhavnagar Private Limited' in 1972 and was renamed to 'Steelcast Limited' in December 1988. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 112 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 23 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 2,930 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 33.00<BR>- Industry P/E: 46<BR>- Dividend Yield: 0.59%<BR>- Debt Equity: -0.19<BR>- Return on Equity: 21.99%<BR>- Price to Book: 7.38<BR><BR>Contact Details:<BR>- Address: Ruvapari Road, Bhavnagar Gujarat: 364005<BR>- Phone: 91-278-2519062<BR>- Email: info@steelcast.net<BR>- Website: http://www.steelcast.net

Are Steelcast Ltd latest results good or bad?

Steelcast Ltd's latest Q4 FY26 results are unfavorable, showing a 13.40% decline in net profit and a 6.38% drop in revenue year-on-year, despite some sequential improvements. Overall, the company faces structural challenges with a full-year revenue decline of 8.10% and net profit contraction of 4.00%.

Steelcast Ltd's latest results for Q4 FY26 indicate a challenging performance. The company reported a net profit of ₹23.18 crore, which represents a decline of 13.40% year-on-year. Revenue also fell by 6.38% to ₹112.43 crore compared to the same quarter last year. Additionally, both operating margin and PAT margin experienced significant contractions, with the operating margin decreasing to 25.95% from 31.27% a year earlier.<BR><BR>While there was a sequential improvement from Q3 FY26, where revenue increased by 15.43% and net profit rose by 12.58%, the year-on-year comparisons reveal structural challenges. The full-year results for FY26 show an overall revenue decline of 8.10% and a net profit contraction of 4.00% compared to FY25.<BR><BR>The financial trend has turned negative, highlighting ongoing operational headwinds despite the company's historically strong capital efficiency metrics, such as a return on equity (ROE) of 24.87% and a debt-free balance sheet. The recent performance suggests that Steelcast is navigating a difficult environment, with concerns about demand volatility and pricing pressures in the castings and forgings sector.<BR><BR>In summary, while there are some positive indicators in terms of sequential growth, the overall year-on-year results reflect a decline, which can be viewed as unfavorable.

Is Steelcast technically bullish or bearish?

As of December 2, 2025, the trend is mildly bullish with mixed signals, including a bullish monthly MACD and mildly bearish weekly indicators, suggesting a cautious bullish outlook.

As of 2 December 2025, the technical trend has changed from bullish to mildly bullish. The current technical stance is mildly bullish. Key indicators include a mildly bullish daily moving average, a bullish monthly MACD, and a mildly bullish Dow Theory across both weekly and monthly time frames. However, the weekly MACD and KST are mildly bearish, and Bollinger Bands indicate a bearish weekly stance. Overall, the mixed signals suggest a cautious bullish outlook.

How has been the historical performance of Steelcast?

Steelcast's historical performance shows a decline in net sales and profitability, with net sales dropping from 476.83 Cr in March 2023 to 373.39 Cr in March 2025, despite stable profit after tax. The company faces challenges in maintaining sales amidst fluctuating costs and cash flow.

Answer:<BR>The historical performance of Steelcast shows a fluctuating trend in net sales and profitability over the years, with a notable decline in recent periods.<BR><BR>Breakdown:<BR>Steelcast's net sales peaked at 476.83 Cr in March 2023 but have since decreased to 373.39 Cr by March 2025. The total operating income followed a similar trend, dropping from 476.83 Cr in March 2023 to 373.39 Cr in March 2025. Raw material costs decreased from 121.38 Cr in March 2023 to 82.40 Cr in March 2025, while total expenditure (excluding depreciation) also fell from 362.86 Cr in March 2023 to 270.09 Cr in March 2025. Operating profit (PBDIT) showed a decline from 115.07 Cr in March 2023 to 110.53 Cr in March 2025, and profit before tax slightly decreased from 94.52 Cr to 97.33 Cr during the same period. Profit after tax remained relatively stable, with a slight increase from 70.52 Cr in March 2023 to 72.20 Cr in March 2025. The company's total assets grew from 305.04 Cr in March 2023 to 389.36 Cr in March 2025, while total liabilities also increased from 305.04 Cr to 389.36 Cr. Cash flow from operating activities decreased from 107.00 Cr in March 2024 to 73.00 Cr in March 2025, indicating a decline in cash generation capacity. Overall, Steelcast's financial performance reflects challenges in maintaining sales and profitability amidst rising costs and fluctuating cash flows.

Who are the top shareholders of the Steelcast?

The top shareholders of Steelcast include Chetan M Tamboli with 16.4%, individual investors holding 32.88%, and Gautam Doshi as the highest public shareholder at 3.01%. There is minimal institutional presence, with one mutual fund at 0.26% and 16 foreign institutional investors holding a total of 0.38%.

The top shareholders of Steelcast include Chetan M Tamboli, who holds the highest stake among promoters at 16.4%. The company also has significant individual investor holdings, which account for 32.88%. Additionally, Gautam Doshi is noted as the highest public shareholder with a 3.01% stake. The company has some institutional presence, with 1 mutual fund holding 0.26% and 16 foreign institutional investors (FIIs) holding a combined 0.38%. There are no pledged promoter holdings reported.

Is Steelcast overvalued or undervalued?

As of September 5, 2024, Steelcast is considered very expensive and overvalued, with a PE ratio of 30.11, a Price to Book Value of 7.59, and an EV to EBITDA of 19.96, significantly higher than its peers, despite a strong one-year return of 72.86% compared to the Sensex's 7.57%.

As of 5 September 2024, the valuation grade for Steelcast has moved from expensive to very expensive. This indicates that the company is currently overvalued. Key ratios highlight this assessment, with a PE ratio of 30.11, a Price to Book Value of 7.59, and an EV to EBITDA of 19.96. <BR><BR>In comparison to peers, Steelcast's PE ratio is significantly higher than Bharat Forge's 59.98 and CIE Automotive's more attractive 21.15. Notably, Steelcast's PEG ratio stands at 0.00, which further emphasizes its overvaluation relative to its growth prospects. Over the past year, Steelcast has outperformed the Sensex with a return of 72.86% compared to the Sensex's 7.57%, but this strong performance does not mitigate the current overvaluation concerns.

What is the bonus history of the Steelcast?

Steelcast Ltd issued a 1:1 bonus on July 25, 2012, with a record date of July 26, 2012, allowing shareholders to receive an additional share for each share held.

Steelcast Ltd has a bonus history that includes a 1:1 bonus issue announced on July 25, 2012. The record date for this bonus was July 26, 2012. This means that shareholders received an additional share for every share they held as of the record date. If you have any more questions about Steelcast or need further details, feel free to ask!