Electrosteel Castings
Electrosteel Castings Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Electrosteel Castings Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Electrosteel Castings Ltd trades at a P/E of 30.27× and P/B of 0.82×.
Valuation
Profitability
Growth
Financial Health
Electrosteel Castings Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Electrosteel Castings Ltd, switchable between annual and quarterly views, consolidated or standalone.
Electrosteel Castings Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹4,882.42 Cr and reported EPS of ₹2.61.
| Period | 2019 | 2020 | 2021 | 2022 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 2,699 | 2,711 | 3,471 | 5,281 | 3,551 | 7,276 | 7,478 | 7,320 | 5,918 |
| Other Income | 57 | 33 | 58 | 56 | 33 | 85 | 102 | 123 | 215 |
| Total Income | 2,756 | 2,744 | 3,529 | 5,337 | 3,585 | 7,360 | 7,580 | 7,443 | 6,133 |
| Cost of Goods Sold (COGS) | 1,205 | 1,177 | 1,636 | 2,478 | 1,891 | 3,989 | 3,757 | 3,610 | 3,176 |
| Gross Profit | 1,494 | 1,534 | 1,835 | 2,803 | 1,661 | 3,287 | 3,721 | 3,710 | 2,742 |
| +Operating Expenses | 1,099 | 1,168 | 1,404 | 2,105 | 1,303 | 2,549 | 2,542 | 2,675 | 2,383 |
| EBITDA | 395 | 366 | 431 | 698 | 358 | 738 | 1,178 | 1,036 | 359 |
| +Non-Operating Expenses | 109 | 285 | 58 | 309 | 192 | 407 | 343 | 303 | 278 |
| Profit Before Tax (PBT) | -26 | 114 | -57 | 444 | 199 | 415 | 937 | 856 | 219 |
| +Tax Expense | -18 | 28 | 40 | 97 | 51 | 99 | 197 | 146 | 57 |
| Profit After Tax (PAT) | 39 | 161 | -92 | 348 | 148 | 316 | 740 | 710 | 161 |
| Earnings Per Share (EPS) | 0.94 | 3.72 | -3.37 | 5.84 | 2.49 | 5.31 | 11.97 | 11.48 | 2.61 |
| Diluted Shares Outstanding (Nos.) | 41 | 43 | 43 | 59 | 59 | 59 | 62 | 62 | 62 |
| +Additional Disclosures | 3,846 | 3,895 | 5,184 | 7,428 | 5,290 | 10,921 | 10,400 | 10,194 | 9,114 |
| Sales Growth % | — | 0.43 | 28.02 | 52.16 | -32.75 | 104.87 | 2.78 | -2.11 | -19.15 |
| YoY Sales Growth % | — | 0.43 | 28.02 | 52.16 | — | 37.77 | 2.78 | -2.11 | -19.15 |
| Material Cost % | 41 | 41 | 41 | 52 | 57 | 55 | 47 | 50 | 49 |
| Employee Cost % | 9 | 8 | 9 | 8 | 6 | 6 | 6 | 8 | 10 |
| Other Cost % | 31 | 35 | 31 | 32 | 31 | 29 | 28 | 29 | 30 |
| OPM % | 15 | 14 | 12 | 13 | 10 | 10 | 16 | 14 | 6 |
| Tax % | 70 | 25 | -71 | 22 | 26 | 24 | 21 | 17 | 26 |
| Profit Growth % | — | 317.72 | -156.89 | 478.34 | — | -9.02 | 134.05 | -4.11 | -77.25 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Fields | 336 | 309 | 340 | 583 | 297 | 616 | 1,054 | 894 | 186 |
Electrosteel Castings segment analysis: revenue and profit mix.
Disclosed business segments at Electrosteel Castings with their share of revenue and profit, switchable between consolidated and standalone reporting.
Electrosteel Castings discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Electrosteel Castings Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Electrosteel Castings Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Electrosteel Castings Ltd's investment case rests on 7 positive markers and 8 flagged concerns drawn from the latest reported filings.
What you're getting.
Electrosteel Castings boasts a low Price-to-Earnings (PE) ratio of 9.98, below the sector average of 10.07, suggesting potential undervaluation. A healthy Return on Equity (ROE) of 13.20% indicates efficient capital utilization.
The company demonstrates efficient capital use with a strong Return on Capital Employed (ROCE) of 13.40%. Furthermore, a manageable debt-to-equity ratio of 0.37 minimizes financial risk, providing stability for investors.
Promoter holding has increased from 44.08% to 46.22% between 2023 and 2024, signaling strong internal confidence. The company also offers a respectable dividend yield of 1.51%, providing regular investor returns.
With a Price-to-Book Value of 0.99, the stock trades below its book value, potentially indicating an attractive entry point for value investors. This suggests the company's assets are undervalued by the market.
Strong performance by peers like APL Apollo Tubes (Qtr Profit +460.38%) and Welspun Corp (Qtr Profit +41.20%) suggests robust demand in the Iron & Steel Products sector, offering growth avenues for Electrosteel.
What can break it.
Electrosteel Castings experienced a sharp 60.60% drop in quarterly profits (PAT Qtr: 89), signaling potential operational issues or adverse market conditions that require immediate attention.
The company's quarterly sales have fallen considerably by -22.60% (Sales Qtr. 1558), raising concerns about potential demand weakness or pricing pressures in the Iron & Steel Products industry.
The current stock price of ₹92.50 has fallen significantly from its 52-week high of ₹180.00, reflecting market uncertainty and potential investor apprehension regarding future performance.
FII holdings have seen a recent decline from 21.16% to 19.26% (2024-06 to 2025-09), while DII holding remains very low at 0.25%, indicating a lack of strong institutional conviction.
The presence of high-growth competitors like APL Apollo Tubes and Welspun Corp, showing strong quarterly sales and profit growth, poses a significant competitive threat to Electrosteel Castings.
What would change my mind.
Trim if P/E re-rates above 39. The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 26.85. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.
Electrosteel Castings Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Electrosteel Castings Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
Electrosteel Castings Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Electrosteel Castings Ltd — derived from the live tape, not yesterday's close.
Electrosteel Castings Ltd last traded at ₹79.01 with an intraday range of ₹77.01–₹79.8 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹79.01| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 85.78 | +6.77 | +8.57% |
| R3 | 82.99 | +3.98 | +5.04% |
| R2 | 81.40 | +2.39 | +3.02% |
| R1 | 80.20 | +1.19 | +1.51% |
| PIVOT | 78.61 | -0.40 | -0.51% |
| CURRENT | 79.01 | — | — |
| S1 | 71.83 | -7.18 | -9.08% |
| S2 | 74.62 | -4.39 | -5.55% |
| S3 | 75.82 | -3.19 | -4.04% |
| S4 | 77.41 | -1.60 | -2.02% |
ELECTCAST is trading Above CPR, indicating Bullishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 77.01 ~ 78.49
Trading Inside opening range
Electrosteel Castings Ltd chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Electrosteel Castings Ltd — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Electrosteel Castings Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Electrosteel Castings Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Electrosteel Castings Ltd stood at 46.8% of traded volume, against a 20-day average of 49.1%.
Electrosteel Castings announcements: results, concalls, ratings, M&A.
Filings Electrosteel Castings sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Electrosteel Castings files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 106 documents below.
Updates
Electrosteel Castings Limited has informed the Exchange regarding 'the Company will carry out a planned Shutdown of its MBF Production Facility at…
Resignation of Director/KMP/SMP
Electrosteel Castings Limited has informed the Exchange about Resignation of Director/KMP/SMP
Resignation
Electrosteel Castings Limited has informed the Exchange regarding Resignation of Mr Ashutosh Agarwal as Chief Financial Officer of the company w.e.f.…
Copy of Newspaper Publication
Electrosteel Castings Limited has informed the Exchange about Copy of Newspaper Publication
Change in Director(s)
Electrosteel Castings Limited has informed the Exchange regarding Change in Director(s) of the company.
Investor decks & rating reports.
Investor Presentation
Investor Presentation
Analysts/Institutional Investor Meet/Con. Call Updates
Investor Presentation
Investor Presentation
Investor Presentation
Electrosteel Castings insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in Electrosteel Castings as reported to SEBI — buying and selling signals from the people who know the business best.
Electrosteel Castings insider activity below tracks 16 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| BADRINATH INDUSTRIES LIMITED | Insider | 27 Mar 2026 | buy | +20.09 L | ₹16.07 Cr | ₹79.99 |
| BADRINATH INDUSTRIES LIMITED | Insider | 27 Mar 2026 | buy | +20.09 L | ₹16.07 Cr | ₹79.99 |
| BADRINATH INDUSTRIES LIMITED | Insider | 27 Mar 2026 | buy | +20.09 L | ₹16.07 Cr | ₹79.99 |
| BADRINATH INDUSTRIES LIMITED | Insider | 27 Mar 2026 | buy | +20.09 L | ₹16.07 Cr | ₹79.99 |
| BADRINATH INDUSTRIES LIMITED | Insider | 25 Mar 2026 | buy | +11.37 L | ₹8.84 Cr | ₹77.71 |
| BADRINATH INDUSTRIES LIMITED | Insider | 25 Mar 2026 | buy | +11.37 L | ₹8.84 Cr | ₹77.71 |
| BADRINATH INDUSTRIES LIMITED | Insider | 25 Mar 2026 | buy | +11.37 L | ₹8.84 Cr | ₹77.71 |
| BADRINATH INDUSTRIES LIMITED | Insider | 25 Mar 2026 | buy | +11.37 L | ₹8.84 Cr | ₹77.71 |
| ELECTROSTEEL THERMAL COAL LIMITED | Insider | 20 Mar 2026 | buy | +6.00 L | ₹4.54 Cr | ₹75.64 |
| ELECTROSTEEL THERMAL COAL LIMITED | Insider | 20 Mar 2026 | buy | +6.00 L | ₹4.54 Cr | ₹75.64 |
Electrosteel Castings dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Electrosteel Castings has declared, sequenced by announce and record date.
Electrosteel Castings corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Electrosteel Castings Ltd: business, sector, key facts.
What Electrosteel Castings Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Electrosteel Castings Ltd operates in the Industrials, listed as NSE: ELECTCAST, BSE: 500128.
Electrosteel Castings Limited (ECL) is a prominent Indian manufacturer and supplier of a diverse range of iron-based products, primarily focusing on piping systems and related components. Their core business revolves around the production and distribution of high-quality ductile iron (DI) pipes and fittings, catering to a wide array of applications both domestically and internationally.
ECL's ductile iron offerings are central to their operations. These DI pipes and fittings find use in numerous sectors, including water management (potable water distribution, sewage systems, storm water drainage), industrial applications (ash slurry handling, fire-fighting systems), and various other infrastructure projects. The company also produces and supplies ductile iron flange pipes, specifically designed for various installation methods and applications requiring restrained joints.
Beyond their specialization in ductile iron products, ECL also manufactures and provides cast iron (CI) pipes, expanding their product portfolio to encompass a broader range of piping solutions. This diversification allows them to cater to a wider customer base and meet diverse project needs within the infrastructure and industrial sectors.
In addition to their core piping business, ECL demonstrates significant diversification into other material markets. They are involved in the production and sale of metallurgical coke, sinter, sponge iron, ferro silicon, pig iron, and silico manganese ferro alloy. This demonstrates a wider reach within the materials sector, potentially leveraging synergies between their core business and these related products.
Finally, ECL extends its reach into the cement market under the brand name SPL GOLD. This further diversifies their revenue streams and positions them as a multi-faceted materials company. The inclusion of cement underscores ECL's strategy to leverage its manufacturing capabilities and market presence in various construction-related industries.
Questions investors ask about Electrosteel Castings Ltd (ELECTCAST).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Electrosteel Castings Ltd (ELECTCAST)?
The current share price of Electrosteel Castings Ltd (ELECTCAST) is ₹79.01. Today, the stock has gained by ₹1.73 (2.24%), trading in a range of ₹77.01 to ₹79.8. The stock opened at ₹77.3 with a trading volume of 23,04,868 shares.
02Is Electrosteel Castings Ltd stock a good investment for long-term?
Electrosteel Castings Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹4,882.42 crores, P/E ratio of 30.27, ROE of 2.76%, and ROCE of 13.40%. The dividend yield stands at 1.81%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Electrosteel Castings Ltd stock?
The 52-week high price of Electrosteel Castings Ltd (ELECTCAST) is ₹138.75, while the 52-week low is ₹60.15. Currently trading at ₹79.01, the stock is 24.0% away from its 52-week low and 43.1% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Electrosteel Castings Ltd stock at the current price?
Whether to buy Electrosteel Castings Ltd stock at ₹79.01 depends on multiple factors. The stock is currently trading with a P/E ratio of 30.27 and P/B ratio of 0.82. Today's performance shows a gain of 2.24%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Electrosteel Castings Ltd and when is the next dividend?
Electrosteel Castings Ltd offers a dividend yield of 1.81%, which means for every ₹100 invested at the current price of ₹79.01, you can expect to receive approximately ₹1.81 annually as dividends. The face value of the stock is ₹1.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Electrosteel Castings Ltd?
Electrosteel Castings Ltd's key financial metrics include: P/E Ratio: 30.27, P/B Ratio: 0.82, ROE: 2.76%, ROCE: 13.40%, Dividend Yield: 1.81%, EPS: ₹2.61, Book Value: ₹95.97, and Debt-to-Equity: 26.35. The company's market cap stands at ₹4,882.42 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Electrosteel Castings Ltd stock performing today in the market?
Electrosteel Castings Ltd stock opened at ₹77.3 and is currently trading at ₹79.01, showing a gain of ₹1.73 (2.24%). The intraday high is ₹79.8 and low is ₹77.01. The trading volume stands at 23,04,868 shares, indicating strong market participation today.
08What is the P/E ratio of Electrosteel Castings Ltd and what does it indicate?
Electrosteel Castings Ltd has a Price-to-Earnings (P/E) ratio of 30.27, which means investors are willing to pay ₹30.27 for every ₹1 of earnings. With an EPS of ₹2.61, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Electrosteel Castings Ltd (ELECTCAST) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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