Steelcast

Which are the latest news on Steelcast?

Why is Steelcast Ltd falling/rising?

As of 22-Jun, Steelcast Ltd's stock price is rising to 305.20, reflecting a 4.13% increase. The stock has significantly outperformed the Sensex over various time frames, with strong fundamentals supporting its upward trend.

As of 22-Jun, Steelcast Ltd's stock price is rising, currently at 305.20, reflecting a change of 12.1 (4.13%) upward. This increase can be attributed to several factors. Over the past week, the stock has gained 5.77%, significantly outperforming the Sensex, which only increased by 1.09%. In the last month, Steelcast has shown a 6.75% rise compared to the Sensex's 2.23%, indicating strong relative performance.<BR><BR>Year-to-date, the stock has surged by 44.99%, while the broader market has declined by 9.54%. This trend continues over the past year, with Steelcast delivering a return of 38.73% against a 6.45% drop in the Sensex. Over a three-year period, the stock has skyrocketed by 214.28%, far exceeding the Sensex's 21.91% growth, and over five years, it has achieved an impressive 866.74% increase compared to the Sensex's 46.60%.<BR><BR>Today's performance highlights that Steelcast is close to its 52-week high, just 4% away from Rs 318.45, and has outperformed its sector by 1.93%. The stock has been on a consecutive gain streak for the last two days, with a total return of 4.67% during this period. Additionally, Steelcast is trading above its moving averages across various time frames, indicating a strong bullish trend.<BR><BR>Despite a notable decline in investor participation, with delivery volume dropping by 63.72% against the five-day average, the stock remains liquid enough for trading. The company's strong fundamentals, including a high return on equity of 25.20% and a low debt-to-equity ratio of 0.09, further support its rising stock price. Overall, Steelcast Ltd's consistent performance and market-beating returns contribute to the upward movement in its stock price.

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

Should I buy, sell or hold Steelcast Ltd?

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.

When is the next results date for Steelcast Ltd?

The next results date for Steelcast Ltd is 30 May 2026.

The next results date for Steelcast Ltd is scheduled for 30 May 2026.

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.

Has Steelcast declared dividend?

Yes, Steelcast Ltd has declared a dividend of 36%, amounting to ₹2.7 per share, with an ex-date of July 25, 2025. The company has shown strong total returns across various periods, including a 72.73% total return over the past year.

Steelcast Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 36%<BR>- Amount per share: 2.7<BR>- Ex-date: Jul-25-2025<BR><BR>Dividend Yield: 0.91%<BR><BR>Total Returns by Period:<BR>In the last 3 months, Steelcast Ltd achieved a price return of 26.28%, a dividend return of 0.53%, resulting in a total return of 26.81%.<BR><BR>Over the past 6 months, the company recorded a price return of 20.31%, a dividend return of 0.73%, leading to a total return of 21.04%.<BR><BR>In the 1-year period, Steelcast Ltd experienced a price return of 71.33%, a dividend return of 1.40%, culminating in a total return of 72.73%.<BR><BR>For the 2-year period, the company saw a price return of 111.42%, a dividend return of 2.96%, which resulted in a total return of 114.38%.<BR><BR>In the last 3 years, Steelcast Ltd achieved a price return of 159.7%, a dividend return of 5.77%, leading to a total return of 165.47%.<BR><BR>Over the past 4 years, the company recorded a price return of 361.65%, a dividend return of 13.38%, resulting in a total return of 375.03%.<BR><BR>In the 5-year period, Steelcast Ltd experienced a remarkable price return of 1090.18%, a dividend return of 29.12%, culminating in a total return of 1119.3%.<BR><BR>Overall, Steelcast Ltd has declared a significant dividend while also demonstrating strong total returns across various periods, indicating robust financial performance and shareholder value enhancement.

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!