Steelcast

Which are the latest news on Steelcast?

Why is Steelcast Ltd falling/rising?

As of 05-Sep, Steelcast Ltd's stock price is rising to 328.00, reflecting a 3.02% increase after a trend reversal. Increased investor participation and strong long-term performance metrics support this upward movement.

As of 05-Sep, Steelcast Ltd's stock price is rising, currently at 328.00, reflecting an increase of 9.6 or 3.02%. This upward movement follows a trend reversal after three consecutive days of decline. The stock has outperformed its sector by 4.18% today and reached an intraday high of Rs 332, which is a 4.27% increase from its previous price.<BR><BR>Investor participation has notably increased, with delivery volume rising by 350.85% against the five-day average, indicating heightened interest in the stock. Additionally, the stock's performance over the year has been strong, with a return of 52.31%, significantly outperforming the BSE500 index. The company also demonstrates high management efficiency, with a return on equity (ROE) of 25.20% and a low debt-to-equity ratio of 0.09, suggesting a solid financial position.<BR><BR>Overall, the combination of a recent trend reversal, increased investor participation, and strong long-term performance metrics contributes to the current rise in Steelcast Ltd's stock price.

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 team is responsible for guiding the company's strategic direction and operations.

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 plays a crucial role in guiding the company's strategic direction and operations.

What does Steelcast do?

Steelcast Ltd manufactures high-quality castings and operates in the Castings & Forgings industry. As of June 2026, it reported net sales of 125 Cr and a net profit of 24 Cr, with a market cap of INR 3,495 Cr.

Overview: <BR>Steelcast Ltd is engaged in the manufacturing of high-quality castings and operates within the Castings & Forgings industry, classified as a Small Cap company.<BR><BR>History: <BR>Steelcast Ltd was 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 June 2026.<BR><BR>Financial Snapshot: <BR>- Net Sales: 125 Cr (Quarterly Results - Jun 2026) <BR>- Net Profit: 24 Cr (Quarterly Results - Jun 2026) <BR>- Market Cap: INR 3,495 Cr (Small Cap) <BR><BR>Key Metrics: <BR>- P/E: 39.00 <BR>- Industry P/E: 50 <BR>- Dividend Yield: 0.53% <BR>- Debt Equity: -0.19 <BR>- Return on Equity: 22.96% <BR>- Price to Book: 8.75 <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

Who are the peers of the Steelcast?

Steelcast's peers include AIA Engineering, Happy Forgings, Balu Forge, Amic Forging, Inv. & Prec. Cast., Nelcast, Synergy Green, Magna Electrocas, and Tirupati Forge. Steelcast shows good growth and excellent management risk, with a 1-year return of 66.42%, while Happy Forgings leads with 170.53% return.

Peers: The peers of Steelcast are AIA Engineering, Happy Forgings, Balu Forge, Amic Forging, Inv.& Prec.Cast., Nelcast, Synergy Green, Magna Electrocas, and Tirupati Forge.<BR><BR>Quality Snapshot: Excellent management risk is observed at Steelcast, while Average management risk is found at Happy Forgings, Balu Forge, Amic Forging, Inv.& Prec.Cast., Nelcast, Synergy Green, Magna Electrocas, and Tirupati Forge, and the rest. Growth is Excellent at Balu Forge and Tirupati Forge, Good at Steelcast and Amic Forging, and Below Average at AIA Engineering, Happy Forgings, Inv.& Prec.Cast., Nelcast, and Synergy Green, and the rest. Excellent capital structure is noted at AIA Engineering, Happy Forgings, Balu Forge, Steelcast, Amic Forging, and Magna Electrocas, while Below Average capital structure is found at Inv.& Prec.Cast., Nelcast, and Synergy Green.<BR><BR>Return Snapshot: Happy Forgings has the highest 1-year return at 170.53%, while Nelcast has the lowest at -19.11%. Steelcast's 1-year return of 66.42% is significantly higher than Nelcast's but lower than Happy Forgings'. Additionally, Nelcast and Synergy Green have negative six-month returns.

How big is Steelcast?

As of 31st August, Steelcast Ltd has a market capitalization of 3,495.00 Cr, with recent net sales of 441.30 Cr and a net profit of 90.69 Cr. The latest balance sheet shows shareholder's funds of 395.02 Cr and total assets of 460.20 Cr.

As of 31st August, Steelcast Ltd has a market capitalization of 3,495.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Steelcast reported Net Sales of 441.30 Cr and a Net Profit of 90.69 Cr.<BR><BR>The latest annual period for the balance sheet is March 2026, showing Shareholder's Funds of 395.02 Cr and Total Assets of 460.20 Cr.

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.

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!