Steelcast Ltd.

Steelcast Ltd.

337.00
INR
+5.80
(+1.75%)
8.95EPS
33.83P/E
30.64BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
15.61
8.69
14.43
12.82
22.22
30.46
18.92
15.12
29.32
45.89
39.6
36.44
41.24
43.55
Basic EPS, GAAP
0.05
-2.03
0.01
0.29
2.06
2.47
0.79
1.19
3.29
6.97
7.41
7.13
8.58
8.95
Free Cash Flow per Basic Share
-0.31
-0.07
2.01
1.35
-0.17
4.46
2.78
2.32
-3.3
5.05
6.33
5.62
5.33
- -
Dividend per Share
0.35
0.01
0.01
- -
0.14
0.33
0.48
0.12
0.54
1.17
1.98
1.53
1.71
- -
Book Value per Share
8.68
6.58
7.02
7.32
9.22
11.36
11.65
12.72
15.47
21.27
26.64
32.2
39.03
- -
Tangible Book Value per Share
8.66
6.56
6.92
7.13
8.94
11.13
11.48
12.61
15.4
21.23
26.62
32.18
39.02
- -
Basic Weighted Avg Shares
93
91
95
101
101
101
101
101
101
101
101
101
101
101
Sales/Revenue/Turnover
1,445
791
1,370
1,298
2,248
3,082
1,915
1,530
2,967
4,644
4,008
3,688
4,174
4,413
Operating Margin (%)
7.8
-15.92
10.39
10.07
12.26
12.79
9.67
11.5
14.88
19.22
24.02
25.29
24.38
24
Depreciation Expense
148
116
123
121
148
157
160
138
177
181
179
125
129
130
Net Income, GAAP
4
-185
1
30
209
250
80
120
333
705
750
722
869
907
Effective Tax Rate (%)
26.29
- -
67.95
29.45
- -
28.76
53.17
23.16
25.62
25.39
25.69
25.82
25.43
25.42
Profit Margin (%)
0.29
-23.38
0.1
2.29
9.28
8.1
4.17
7.86
11.21
15.19
18.72
19.58
20.81
20.55
Working Capital
76
-256
-124
-93
-39
288
272
397
389
662
1,212
1,561
2,093
- -
LT Debt
696
497
324
256
141
276
125
88
- -
- -
- -
- -
- -
- -
Total Equity
791
599
711
740
933
1,150
1,179
1,288
1,566
2,152
2,696
3,259
3,950
- -
Return on Invested Capital (%)
0.22
- -
2.47
5.78
- -
23.47
5.08
8.99
17.74
29.28
28.33
22.67
21.14
- -
Return on Capital (%)
3.6
- -
2.12
5.59
- -
17.12
5.96
9.4
18.55
31.8
29.8
24.4
24.15
- -
Return on Common Equity (%)
0.55
-26.62
0.2
4.1
24.92
23.98
6.85
9.75
23.32
37.94
30.94
24.25
24.1
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
101
101
101
Market Capitalization
21,303
22,851
30,638

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
2,607
- -
Cash, Cash Equivalents & STI
- -
978
- -
Accounts Receivable, Net
- -
1,083
- -
Inventories
- -
408
- -
Total Current Liabilities
- -
514
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.16%
25.28%
21.22%
Free Cash Flow
-346.57%
-97.25%
-5.27%
Net Income, GAAP
305.19%
62.33%
20.31%
Sales/Revenue/Turnover
18.9%
28.39%
13.18%
Total Cash Common Dividend
586.61%
104.99%
11.76%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
774
754
1,005
1,201
3,688
2026
1,067
1,067
974
1,124
4,174
2027
1,248
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.28
1.31
1.9
2.64
7.13
2026
1.96
2.29
2.03
2.29
8.58
2027
2.34
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
1.53
2026
- -
- -
- -
- -
1.71
2027
- -
- -
- -
- -
- -

Company Description

CEO
Chetankumar M. Tamboli
Full Time Employees
1,081
Sector
Non-energy minerals
Industry
Steel
Address
Ruvapari Road Bhavnagar GU India 364005
IPO Date
Nov 23, 2021
Business
Steelcast Limited manufactures steel and alloy steel castings using no-bake and shell molding processes in India. The company produces carbon steel, low alloy steel, high alloy steel, Hadfield manganese steel, and other wear- and abrasion-resistant grades for original equipment manufacturers in earthmoving, mining and mineral processing, railway, steel plants, cement, energy, valves and pumps, electro locomotive, oil exploration, shipping, and general engineering sectors; specific products include adapter and tooth points, front axle spindles, backhoe loader components, steering cases, coupler bodies, box-type tooth points, drag chain links, track shoe assemblies, cooler grate plates, grinding rollers, pressure plates, cylinder heads, oil field equipment such as body casings and anchor shank assemblies, segment feeders, car shredding hammers, plastic injection mold plates, and valves. Steelcast operates a manufacturing facility in Bhavnagar, Gujarat, exports to the United States, Germany, Thailand, Singapore, Denmark, Mexico, Brazil, China, South Korea, Australia, and Japan, and maintains geographic focus primarily on India with international sales representing 59% of H1 FY26 revenue. Founded in 1960 and headquartered in Bhavnagar, India, the company, formerly Steelcast Bhavnagar Private Limited, converted to public limited status in 1988. In recent developments, Steelcast reports robust Q2 FY26 results with revenue up 42% year-over-year to INR 106.7 crore, EBITDA up 62% to INR 34.2 crore, and net profit up 75% to INR 23.2 crore; H1 FY26 revenue grows 40% to INR 213.3 crore amid strong export demand; revises FY26 growth guidance to around 12% due to US tariff challenges and geopolitical uncertainties while targeting 20% CAGR over three years and INR 1,000 crore revenue by FY29; and plans to commission a 2.4 MW hybrid power plant by June 2026 for annual savings of INR 3.5-4 crore.