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Electrosteel Castings Ltd

ELECTCAST

Electrosteel Castings Ltd

ELECTCAST
IndustrialsBuilding Products - Pipes
SmallcapWith a market cap of ₹11,785 cr, stock is ranked 427
High RiskStock is 4.98x as volatile as Nifty
190.650.45% (+0.85)
190.650.45% (+0.85)

Price Chart

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1D
1W
1M
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SIP
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1D
1W
1M
1Y
5Y
Max
SIP
IndustrialsBuilding Products - Pipes
SmallcapWith a market cap of ₹11,785 cr, stock is ranked 427
High RiskStock is 4.98x as volatile as Nifty
Scorecard

Performance

High

The creamy layer - amongst the top performing stocks

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is not in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

How to use scorecard? Learn more

IndustrialsBuilding Products - Pipes
SmallcapWith a market cap of ₹11,785 cr, stock is ranked 427
High RiskStock is 4.98x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
19.572.690.45%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
61.737.170.48%

Forecast & Ratings

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

from 1 analyst

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

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 25.71%, vs industry avg of 16.77%

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 5.79% to 8.67%

Lower 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 20.55%, vs industry avg of 20.78%

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Financial YearFY 2015FY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023TTM
Total Revenue2,464.002,233.342,179.612,344.232,783.592,744.253,526.955,343.737,360.437,450.36
Raw Materialssubtract1,185.65980.74887.901,028.511,257.551,275.041,529.192,865.034,148.796,286.29
Power & Fuel Costsubtract173.38153.00148.26151.81165.53169.68202.44299.24334.64
Employee Costsubtract215.39229.09237.48230.18208.62226.61297.06397.69430.41
Selling & Administrative Expensessubtract208.37184.1790.96274.00291.71312.15386.89702.14866.13
Operating & Other expensessubtract310.53386.32426.34322.52592.56361.55869.02325.99757.96
Depreciation/Amortizationsubtract70.6167.2566.9062.4058.5157.1589.99114.68121.20120.96
Interest & Other Itemssubtract156.57180.33210.35210.28234.65227.58208.36194.68285.89244.56
Taxes & Other Itemssubtract259.6079.85-32.68-59.51-63.71-46.5735.1897.0199.60196.33
EPS-3.31-0.774.043.471.003.84-2.116.765.3110.13
DPS0.650.500.500.300.000.300.250.800.900.90
Payout ratio0.120.090.000.080.120.170.09

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
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsBuilding Products - Pipes

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Electrosteel Castings Ltd37.322.690.45%
Astral Ltd115.5617.830.18%
APL Apollo Tubes Ltd66.8914.290.32%
Ratnamani Metals and Tubes Ltd40.337.690.41%

Price Comparison

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

Promoter Holdings Trend

Increased 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 increased by 2.13%

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

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 almost stayed constant

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

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding46.21%0.41%0.05%17.49%35.84%

Sep 2023

Dec 2023

Jan 2024

Feb 2024

Shareholding History

MarJunSepDec '23JanFeb14.69%14.93%15.33%18.18%17.49%17.49%

Mutual Funds Holding Trend

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 almost stayed constant

Top 3 Mutual Funds holding Electrosteel Castings Ltd




Funds (Top 3)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Motilal Oswal Small Cap Fund - Direct - Growth

Growth
0.2294%1.77%1.77%31/36 (-6)
Motilal Oswal Nifty Microcap 250 Index Fund- Direct- Growth Option

Growth
0.0713%1.03%0.36%44/326 (+1)
Groww Nifty Total Market Index Fund - Growth - Direct Plan

Growth
0.0003%0.03%0.01%466/811 (-1)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

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

Cash Dividend

Ex DateEx DateSep 7, 2020

Final
Final | Div/Share: ₹0.30

Dividend/Share

0.30

Ex DateEx Date

Sep 7, 2020