Steelcast

Who are in the management team of Steelcast?

As of March 2023, 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. This diverse team oversees the company's governance and management.

As of March 2023, the management team of Steelcast includes the following individuals:<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 comprises a mix of executive and non-executive directors, contributing to the governance and management of the company.

What does Steelcast do?

Steelcast Ltd manufactures high-quality castings and is classified as a Small Cap entity with a market cap of Rs 2,167 Cr. As of March 2025, it reported net sales of 121 Cr and a net profit of 27 Cr.

Overview: <BR>Steelcast Ltd is a company engaged in the manufacturing of high-quality castings, operating within the Castings & Forgings industry and classified as a Small Cap entity.<BR><BR>History: <BR>Steelcast Ltd was incorporated as 'Steelcast Bhavnagar Private Limited' in 1972 and later renamed to 'Steelcast Limited' in December 1988. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 121 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 27 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 2,167 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 30.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.71% <BR>Debt Equity: -0.20 <BR>Return on Equity: 25.19% <BR>Price to Book: 7.61<BR><BR>Contact Details: <BR>Address: Ruvapari Road, Bhavnagar Gujarat: 364005 <BR>Tel: 91-278-2519062 <BR>Email: info@steelcast.net <BR>Website: http://www.steelcast.net

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!

Who are the peers of the Steelcast?

Steelcast's peers include AIA Engineering, Happy Forgings, Balu Forge, Amic Forging, Nelcast, Synergy Green, Inv. & Prec. Cast., Magna Electrocas, and Nitin Castings. In terms of performance, Balu Forge leads with a 155.13% return, while Steelcast has a 63.25% return, and management risks vary from excellent to average across these companies.

Peers: The peers of Steelcast are AIA Engineering, Happy Forgings, Balu Forge, Amic Forging, Nelcast, Synergy Green, Inv.& Prec.Cast., Magna Electrocas, and Nitin Castings.<BR><BR>Quality Snapshot: Excellent management risk is observed at AIA Engineering, while Average management risk is found at Happy Forgings, Balu Forge, Steelcast, Amic Forging, Nelcast, Synergy Green, Inv.& Prec.Cast., Magna Electrocas, and Nitin Castings. Growth is Excellent at Balu Forge, Good at Amic Forging and Nitin Castings, and Average at Steelcast, while the rest have Below Average growth. Capital Structure is Excellent at AIA Engineering, Happy Forgings, Balu Forge, Steelcast, and Magna Electrocas, Good at Amic Forging, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: Balu Forge has the highest 1-year return at 155.13%, while Happy Forgings has the lowest at -15.96%. Steelcast's 1-year return of 63.25% is significantly higher than Happy Forgings but lower than Balu Forge. Additionally, Nelcast and Magna Electrocas have negative six-month returns.

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.

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.

When is the next results date for Steelcast?

The next results date for Steelcast is 31 July 2025.

The next results date for Steelcast is scheduled for 31 July 2025.

How big is Steelcast?

As of 24th July, Steelcast Ltd has a market capitalization of 2,469.00 Cr, with net sales of 376.16 Cr and a net profit of 72.20 Cr reported in the latest four quarters. Shareholder's funds are 325.87 Cr, and total assets are valued at 389.36 Cr as of March 2025.

As of 24th July, Steelcast Ltd has a market capitalization of 2,469.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Steelcast reported net sales of 376.16 Cr and a net profit of 72.20 Cr.<BR><BR>For the reporting period of March 2025, Steelcast's shareholder's funds amounted to 325.87 Cr, while total assets were valued at 389.36 Cr.

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.

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.

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.

Are Steelcast Ltd latest results good or bad?

Steelcast Ltd's latest results show strong year-on-year growth, with net profit up 74.62% and revenue up 41.54%. However, sequentially, revenue is nearly flat, raising concerns about future demand, despite improved operating margins.

Steelcast Ltd's latest results present a mixed picture. On one hand, the company has shown remarkable year-on-year growth in both net profit and revenue, with net profit increasing by 74.62% year-on-year to ₹23.21 crores and revenue growing by 41.54% year-on-year to ₹106.65 crores. This reflects a strong recovery from a weak base in the previous year and indicates effective operational execution.<BR><BR>However, there are concerns regarding sequential performance. Revenue remained virtually unchanged from the previous quarter, declining slightly by 0.04%, which raises questions about near-term demand momentum. Despite this stagnation, the company managed to expand its operating margin to 28.34%, up 274 basis points quarter-on-quarter, demonstrating strong cost management and operational efficiency.<BR><BR>Overall, while the year-on-year growth figures are impressive and indicate a solid recovery, the flat revenue growth quarter-on-quarter suggests potential challenges ahead. Investors may need to monitor the company's ability to sustain growth in the coming quarters.

Should I buy, sell or hold Steelcast Ltd?

Why is Steelcast Ltd falling/rising?

As of 08-May, Steelcast Ltd's stock price is declining to Rs 287.55, down 1.79% after a trend reversal. Despite strong long-term performance, current market sentiment is negative, leading to decreased investor participation.

As of 08-May, Steelcast Ltd's stock price is falling, currently at Rs 287.55, which reflects a decrease of Rs 5.25 or 1.79%. This decline follows a trend reversal after three consecutive days of gains. Although the stock opened the day with a gain of 2.19% and reached an intraday high of Rs 299.2, it ultimately underperformed the sector by 1.45%. <BR><BR>Additionally, the stock's performance today is marked by a decrease in investor participation, with delivery volume falling by 11.68% compared to the five-day average. Despite Steelcast Ltd's strong long-term performance, including a 61.54% return over the past year and a high management efficiency indicated by a return on equity (ROE) of 24.87%, the current market sentiment appears to be negative, contributing to the stock's decline.

Which are the latest news on Steelcast?