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Electrosteel Castings Ltd

ELECTCAST Share Price

102.420.79% (+0.80)

ELECTCAST Share Price Chart

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IndustrialsBuilding Products - Pipes
SmallcapWith a market cap of ₹6,331 cr, stock is ranked 651
High RiskStock is 3.70x as volatile as Nifty

How to use scorecard? Learn more

IndustrialsBuilding Products - Pipes
SmallcapWith a market cap of ₹6,331 cr, stock is ranked 651
High RiskStock is 3.70x as volatile as Nifty

ELECTCAST Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
8.241.241.37%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
41.956.120.65%

ELECTCAST Analyst Ratings & Forecast

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 1 analyst

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

ELECTCAST Company Profile

Electrosteel Castings Limited is engaged in the business of manufacturing ductile iron (DI) pipes, and fittings and cast iron (CI) pipes. The Company provides techno-economic solutions for water supply and sewerage systems.

Investor Presentation

View older 

Jan 31, 2025

PDF
View Older Presentations

ELECTCAST Similar Stocks (Peers)

Compare with peers 
PE Ratio
57.23
1Y Return
0.55%
Buy Reco %
81.25
PE Ratio
62.68
1Y Return
33.10%
Buy Reco %
80.95
PE Ratio
30.25
1Y Return
1.44%
Buy Reco %
80.00
PE Ratio
10.76
1Y Return
39.97%
Buy Reco %
100.00
PE Ratio
22.84
1Y Return
19.33%
Buy Reco %
53.33
Compare with Peers
ELECTCAST Sentiment Analysis
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Crisp summary & key insights to decode earnings calls instantly

ELECTCAST Stock Summary · February 2025

In Q3 FY25, the company faced a 4% decline in total income, primarily due to a shutdown at its Mini Blast Furnace, which significantly impacted production and sales. However, management remains optimistic, highlighting improvements in EBITDA margins and a resilient order book, particularly from international markets like the Middle East. Despite operational challenges and fluctuating raw material costs, the company is committed to enhancing transparency and optimizing capital expenditure to support future growth. With a projected turnover of Rs. 9,000 crores by March 2027, driven by government infrastructure initiatives and a focus on expanding production capacity, the outlook remains positive, even as market sentiment reflects cautious investor confidence.

Key Points on ELECTCAST Stock Performance
ELECTCAST Stock Growth Drivers
7
  • Production and Sales Growth

    In Q3 FY25, the company reported DI pipe sales volumes of 1.77 lakh tons, contributing

  • Capacity Expansion Initiatives

    The company is progressing on its brownfield expansion to increase DI pipe capacity to 1

ELECTCAST Stock Challenges
5
  • Production Shutdowns and Revenue Loss

    The company experienced significant production losses due to shutdowns, specifically a shutdown of the Mini

  • Declining Sales and Market Performance

    Sales volumes for the first nine months of FY25 were reported at 5.45 lakh tons,

ELECTCAST Forecasts

Price

Revenue

Earnings

ELECTCAST

Income

Balance Sheet

Cash Flow

ELECTCAST Income Statement

Industry refers to the sub-sector this company belongs to.
Higher than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 22.18%, vs industry avg of 13.96%

Increasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 5.64% to 8.19%

Higher than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 80.92%, vs industry avg of 21.77%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue2,233.342,179.612,344.232,783.592,744.253,526.955,343.737,360.437,580.257,739.38
Raw Materialssubtract980.74887.901,028.511,257.551,275.041,529.192,865.034,145.993,648.756,433.18
Power & Fuel Costsubtract153.00148.26151.81165.53169.68202.44299.24334.64383.44
Employee Costsubtract229.09237.48230.18208.62226.61297.06397.69430.41477.33
Selling & Administrative Expensessubtract184.1790.96274.00291.71312.15386.89702.14868.45708.56
Operating & Other expensessubtract386.32426.34322.52592.56361.55869.02325.99758.451,081.52
Depreciation/Amortizationsubtract67.2566.9062.4058.5157.1589.99114.68121.20124.52138.92
Interest & Other Itemssubtract180.33210.35210.28234.65227.58208.36194.68285.89218.83177.71
Taxes & Other Itemssubtract79.85-32.68-59.51-63.71-46.5735.1897.0199.60197.41221.26
EPS-0.774.043.471.003.84-2.116.765.3112.2012.43
DPS0.500.500.300.000.300.250.800.901.401.40
Payout ratio0.120.090.000.080.120.170.110.11

ELECTCAST Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 12PDF
FY 2023

Annual report

PDF

Investor Presentation

Feb 17PDF
Nov 14PDF
FY 2025

Annual Report Pending

Investor Presentation

Jan 31PDF
Oct 30PDF
 

ELECTCAST Past Performance & Peer Comparison

Comparing 3 stocks from 
IndustrialsBuilding Products - Pipes

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Electrosteel Castings Ltd8.561.241.37%
APL Apollo Tubes Ltd57.2311.630.36%
Astral Ltd62.6810.470.29%
Ratnamani Metals and Tubes Ltd30.255.860.52%

ELECTCAST Stock Price Comparison

Compare ELECTCAST with any stock or ETF
Compare ELECTCAST with any stock or ETF
ELECTCAST
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ELECTCAST Shareholdings

ELECTCAST Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

ELECTCAST Institutional Holdings Trend

Increased Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has increased by 1.16%

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

ELECTCAST Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding46.21%0.58%0.03%19.91%33.27%

Mar 2024

Jun 2024

Sep 2024

Dec 2024

ELECTCAST Shareholding History

JanFebMarJunSepDec '2417.49%17.49%19.70%21.16%19.73%19.91%

Mutual Funds Invested in ELECTCAST

Decreased Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has decreased by 1.37%

Top 5 Mutual Funds holding Electrosteel Castings Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
0.4015%0.68%-0.63%52/54 (-9)
0.1546%0.52%-0.16%59/253 (-25)
0.0007%0.02%-0.01%501/753 (-60)

Compare 3-month MF holding change on Screener

ELECTCAST Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing ELECTCAST stock

Looks like this stock is not in any smallcase yet.

ELECTCAST Events

ELECTCAST Dividend Trend

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.38%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹13.78 every year

Dividends

Corp. Actions

Announcements

Legal Orders

ELECTCAST Upcoming Dividends

No upcoming dividends are available

ELECTCAST Past Dividends

Cash Dividend

Ex DateEx DateAug 16, 2024

Final
Final | Div/Share: ₹0.90

Dividend/Share

0.90

Ex DateEx Date

Aug 16, 2024

Cash Dividend

Ex DateEx DateFeb 21, 2024

Interim
Interim | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

Feb 21, 2024

Cash Dividend

Ex DateEx DateSep 4, 2023

Final
Final | Div/Share: ₹0.90

Dividend/Share

0.90

Ex DateEx Date

Sep 4, 2023

Cash Dividend

Ex DateEx DateSep 8, 2022

Final
Final | Div/Share: ₹0.80

Dividend/Share

0.80

Ex DateEx Date

Sep 8, 2022

Cash Dividend

Ex DateEx DateAug 26, 2021

Final
Final | Div/Share: ₹0.25

Dividend/Share

0.25

Ex DateEx Date

Aug 26, 2021

ELECTCAST Stock News & Opinions

Earnings
Electrosteel Castings consolidated net profit declines 39.19% in the December 2024 quarter

Net profit of Electrosteel Castings declined 39.19% to Rs 160.15 crore in the quarter ended December 2024 as against Rs 263.37 crore during the previous quarter ended December 2023. Sales declined 4.96% to Rs 1776.66 crore in the quarter ended December 2024 as against Rs 1869.38 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1776.661869.38 -5 OPM %14.3521.74 - PBDT249.48376.08 -34 PBT212.75346.49 -39 NP160.15263.37 -39 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Electrosteel Castings to table results

Electrosteel Castings will hold a meeting of the Board of Directors of the Company on 31 January 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Electrosteel Castings Ltd leads losers in 'A' group

Rolex Rings Ltd, IFCI Ltd, Aarti Industries Ltd and SignatureGlobal India Ltd are among the other losers in the BSE's 'A' group today, 08 November 2024.Electrosteel Castings Ltd lost 8.58% to Rs 152.85 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 1.05 lakh shares were traded on the counter so far as against the average daily volumes of 1.51 lakh shares in the past one month.Rolex Rings Ltd crashed 7.99% to Rs 2043.8. The stock was the second biggest loser in 'A' group.On the BSE, 4727 shares were traded on the counter so far as against the average daily volumes of 920 shares in the past one month.IFCI Ltd tumbled 7.67% to Rs 61.76. The stock was the third biggest loser in 'A' group.On the BSE, 16.73 lakh shares were traded on the counter so far as against the average daily volumes of 9.66 lakh shares in the past one month.Aarti Industries Ltd dropped 7.44% to Rs 476.75. The stock was the fourth biggest loser in 'A' group.On the BSE, 5.64 lakh shares were traded on the counter so far as against the average daily volumes of 93594 shares in the past one month.SignatureGlobal India Ltd fell 7.14% to Rs 1283.65. The stock was the fifth biggest loser in 'A' group.On the BSE, 44688 shares were traded on the counter so far as against the average daily volumes of 17917 shares in the past one month.Powered by Capital Market - Live

4 months agoCapital Market - Live
Earnings
Electrosteel Castings consolidated net profit declines 11.11% in the September 2024 quarter

Net profit of Electrosteel Castings declined 11.11% to Rs 155.17 crore in the quarter ended September 2024 as against Rs 174.57 crore during the previous quarter ended September 2023. Sales declined 4.77% to Rs 1827.80 crore in the quarter ended September 2024 as against Rs 1919.34 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1827.801919.34 -5 OPM %14.6415.65 - PBDT248.56261.27 -5 PBT212.47230.83 -8 NP155.17174.57 -11 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Electrosteel Castings announces board meeting date

Electrosteel Castings will hold a meeting of the Board of Directors of the Company on 30 October 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Electrosteel Castings acquires Singardo International

Electrosteel Castings has acquired 27,65,000 equity shares of S$. 1/- each of Singardo International for a consideration of Rs 41.50 crore. Consequently, Singardo will become a wholly owned subsidiary of the Company. Singardo operates in Water, Gas and Telecom sector and trade in Electrosteel Brand DI Pipes and fittings, European origin Gas Valves, PE Pipes for Gas, etc. The Company is looking forward for market expansion in South East Asia, Far East and ASEAN Regions for DI Pipes and Fittings. It is also interested in global sourcing and trading of products used in the Water Industry, Gas Industry, Infrastructure projects, etc., by utilising existing sales networks globally through its subsidiary companies. Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
Electrosteel Castings receives credit ratings from India Ratings and Research

Electrosteel Castings has received credit ratings from India Ratings and Research as under: Long term loan (Rs 640.4 crore) - IND AA/ Stable (upgraded) Fund based working limits (Rs 1350 crore) - IND AA/ Stable/ IND A1+ (upgraded long term and affirmed short term) Fund based working capital limits (Rs 350 crore) - IND AA/ Stable/ IND A1+ (assigned) Non fund based working capital limits (Rs 1900 crore) - IND A1+ (affirmed) Commercial paper (Rs 100 crore) - IND A1+ (affirmed) Powered by Capital Market - Live

6 months agoCapital Market - Live
Corporate
Electrosteel Castings announces planned shutdown of Srikalahasthi unit

Electrosteel Castings will carry out a planned Shutdown of its MBF production facility and all other units at Srikalahasthi Unit tentatively from 19 August 2024 for a period of approximately 7 days for maintenance work.Powered by Capital Market - Live

7 months agoCapital Market - Live
Corporate
Electrosteel Castings to convene AGM

Electrosteel Castings announced that the Annual General Meeting (AGM) of the company will be held on 23 August 2024.Powered by Capital Market - Live

7 months agoCapital Market - Live

Electrosteel Castings consolidated net profit rises 201.80% in the June 2024 quarter

7 months agoBusiness Standard

Frequently asked questions

  1. What is the share price of Electrosteel Castings Ltd (ELECTCAST) today?

    The share price of ELECTCAST as on 20th March 2025 is ₹102.42. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Electrosteel Castings Ltd (ELECTCAST) share?

    The past returns of Electrosteel Castings Ltd (ELECTCAST) share are
    • Past 1 week: 3.04%
    • Past 1 month: 0.72%
    • Past 3 months: -27.73%
    • Past 6 months: -53.47%
    • Past 1 year: -30.75%
    • Past 3 years: 158.64%
    • Past 5 years: 950.46%

  3. What are the peers or stocks similar to Electrosteel Castings Ltd (ELECTCAST)?

    The peers or stocks similar to Electrosteel Castings Ltd (ELECTCAST) include:

  4. What is the dividend yield % of Electrosteel Castings Ltd (ELECTCAST) share?

    The current dividend yield of Electrosteel Castings Ltd (ELECTCAST) is 1.37.

  5. What is the market cap of Electrosteel Castings Ltd (ELECTCAST) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Electrosteel Castings Ltd (ELECTCAST) is ₹6331.45 Cr as of 20th March 2025.

  6. What is the 52 week high and low of Electrosteel Castings Ltd (ELECTCAST) share?

    The 52-week high of Electrosteel Castings Ltd (ELECTCAST) is ₹236.60 and the 52-week low is ₹88.56.

  7. What is the PE and PB ratio of Electrosteel Castings Ltd (ELECTCAST) stock?

    The P/E (price-to-earnings) ratio of Electrosteel Castings Ltd (ELECTCAST) is 8.56. The P/B (price-to-book) ratio is 1.24.

  8. Which sector does Electrosteel Castings Ltd (ELECTCAST) belong to?

    Electrosteel Castings Ltd (ELECTCAST) belongs to the Industrials sector & Building Products - Pipes sub-sector.

  9. How to buy Electrosteel Castings Ltd (ELECTCAST) shares?

    You can directly buy Electrosteel Castings Ltd (ELECTCAST) shares on Tickertape. Simply sign up, connect your demat account and place your order.