āagman

Not investment advice. Data and computed figures, for information only.

Electrosteel Castings Ltd

NSE: ELECTCAST
₹76.32
−₹2.13 (−2.72%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹4,648 Cr
CMP
₹76.32
52-wk High / Low
₹99 / 60
P/E
29.2
P/B
0.8
Book Value
₹95.8
Div Yield
1.20%
ROCE
5.0%
ROE
3.0%
Face Value
₹1
D/E
0.26

Price−18.7% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
5
/ 9
5 of 9 F-score tests passed
Graham Number
₹75
√(22.5 × EPS × book value per share)
ROIC
1.8%
vs 12.3% sector median
Cash flow to profit
7.12
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−390
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
2.0%
ROE × earnings retention ratio
ROE stability
4.1
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −2.93DII +0.14
Latest quarter vs the previous one
Cash-accrual divergence
−10.3%
of assets
Low = accruals track cash flow
Strengths
+Borrowings are down 28.6% since FY2016 (2185 to 1561)
+Price trades above its 200-day moving average (1.0x)
+Promoter holding rose by 6.1pp over the last year
+PE of 29.2x is below the sector median of 43.6x
Watch-outs
−Latest ROCE of 5% trails the sector median of 19%
−Annualised volatility of 46.8% is in the high band (≥45%)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,6851,9191,8692,0042,0121,8281,7801,7011,5581,3961,4721,4931,426
Expenses1,5251,6191,4631,6931,6581,5601,5251,5411,3871,3031,4381,4311,326
Operating Profit160300406311354268255160170933462100
OPM %9.5%15.6%21.7%15.5%17.6%14.7%14.3%9.4%10.9%6.7%2.3%4.2%7.0%
Other Income27182334242139392895163739
Interest57575352414045353638373227
Depreciation30303034323637374143454443
Profit before tax100231346260305212213126121107−322369
Net Profit751752632272261551601688978−221648
EPS (₹)1.262.944.433.673.652.512.592.721.441.27−0.350.260.78

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,4022,2042,0792,2632,6992,7113,4745,2817,2767,4787,3205,9185,786
Expenses2,0911,9111,7912,0062,2952,3203,0384,5866,5306,2746,2705,5595,497
Operating Profit3112932882574043914366957461,2041,050359289
OPM %12.9%13.3%13.9%11.4%15.0%14.4%12.6%13.2%10.3%16.1%14.3%6.1%5.0%
Other Income59710080−1378−194597776109176187
Interest157180210210235228208195286219161144135
Depreciation71676762595790115121125142173175
Profit before tax1445211165−26114−56444415937856219166
Net Profit−116−2714412439161−91348316740710161121
EPS (₹)−3.25−0.774.043.470.943.72−2.115.845.3111.9711.482.611.96

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital363636364143595959626262—
Reserves2,0342,4552,3492,4432,5952,8373,6674,0444,3235,0515,7205,862—
Borrowings2,5722,1852,0571,6971,7611,7362,1382,9672,6672,3352,1251,561—
Other Liabilities5751,0321,0781,2251,0259771,2891,5541,4691,6611,7881,977—
Total Liabilities5,2185,7085,5195,4015,4215,5937,1528,6248,5199,1089,6959,461—
Fixed Assets1,1541,7801,7071,6781,6331,7032,6332,7632,7312,9283,1023,212—
CWIP1,2861,2781,2101,2021,2371,1661,3371,2081,3021,2291,2491,186—
Investments766786590637684747202457161204145578—
Other Assets2,0121,8632,0131,8841,8681,9772,9804,1964,3244,7475,2004,486—
Total Assets5,2185,7085,5195,4015,4215,5937,1528,6248,5199,1089,6959,461—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity443533421450−46225444−2794528034801,147
Cash from Investing Activity−2167172−6933−20129−329168−37−138−119
Cash from Financing Activity−236−592−332−574−5−220−419609−604−718−454−900
Net Cash Flow−812162−193−18−1615411749−112127

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %6.05.06.06.09.08.08.010.010.016.013.05.0
ROE %———————————3.0
EPS (₹)−3.25−0.774.043.470.943.72−2.115.845.3111.9711.482.61
Book Value (₹)———————————95.8
Face Value (₹)———————————1
P/E———————————29.2
Div Yield %———————————1.20
NPM %−4.7−1.26.65.31.55.9−2.86.54.39.89.62.6
OPM %13.013.014.011.015.014.013.013.010.016.014.06.0
D/E1.240.880.860.680.670.600.570.720.610.460.370.26
P/B———————————0.8

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+10.0%
5 years+11.0%
3 years−7.0%
TTM−16.0%
Compounded profit growth
10 years+29.0%
5 years−3.0%
3 years−18.0%
TTM−72.0%
Stock price CAGR
10 years+12.0%
5 years+16.0%
3 years−2.0%
Last year−20.0%
Return on equity
10 years8.0%
5 years10.0%
3 years10.0%
Last year3.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters53.01%53.01%53.02%50.62%52.41%55.27%44.08%44.08%46.22%46.22%50.14%50.14%
FIIs0.99%0.99%0.89%6.73%11.04%9.63%16.36%14.69%19.70%20.06%15.73%12.80%
DIIs7.92%7.92%6.74%5.23%4.84%4.21%2.22%1.76%0.36%0.63%0.23%0.37%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.24%0.24%0.23%0.23%0.23%0.23%
Public38.08%38.08%39.35%37.42%31.71%30.89%37.10%39.22%33.47%32.87%33.67%36.47%
No. of shareholders57,23257,23253,06050,61649,21454,47290,80597,3501,21,6151,73,4961,76,9131,79,894
Change since Jun 2023 (pp)
Promoters −2.87FIIs +11.81DIIs −7.55Public −1.61

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Intimation Of Redemption Of Commercial Paper(CP)Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026PPTNov 2025TranscriptNov 2025PPTNov 2025RecordingAug 2025TranscriptAug 2025PPTAug 2025Recording

Corporate actions

As of 14 Aug 2026
14 Aug 2026DIVIDENDDividend - Re 0.90 Per Share—
14 Aug 2025DIVIDENDDividend - Rs 1.40 Per Share—
16 Aug 2024DIVIDENDDividend - Re 0.90 Per Share—
21 Feb 2024DIVIDENDInterim Dividend - Re 0.50 Per Share—
4 Sep 2023DIVIDENDAnnual General Meeting/Dividend - Re 0.90 Per Share—
8 Sep 2022DIVIDENDAnnual General Meeting/Dividend - Rs 0.80 Per Share—
26 Aug 2021DIVIDEND Dividend - Rs 0.25 Per Share—
7 Sep 2020DIVIDEND Dividend - Rs 0.30 Per Share—
6 Sep 2018DIVIDEND Dividend- Re 0.30 Per Share—
7 Sep 2017DIVIDEND Dividend - Re 0.50/- Per Share—
1 Sep 2016DIVIDEND Dividend - Re 0.50/- Per Share—
3 Sep 2015DIVIDENDAnnual General Meeting/ Dividend - Re 0.65/- Per Share—
20 Aug 2014DIVIDENDAnnual General Meeting / Dividend - Re 0.65/- Per Share—
13 Aug 2013DIVIDENDAnnual General Meeting / Dividend - Re 0.50/- Per Share—
30 Aug 2012DIVIDENDAnnual General Meeting And Dividend Re.0.50 Per Share—
30 Jun 2011DIVIDENDAnnual General Meeting And Dividend Rs.1.25 Per Share—
2 Jul 2010DIVIDENDDividend-Re.1.25 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman