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Electrosteel Castings Limited

Electrosteel Castings Limited

ELECTCAST.BO
Electrosteel Castings LimitedIN flagBombay Stock Exchange
77.65
INR
-0.28
- -
48.01BMarket Cap
Electrosteel Castings Limited
ELECTCAST.BO
(Bombay Stock Exchange)

Recent

price

77.65

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
57.25
61.85
65.95
71.14
67.61
60.62
57.15
62.51
68.59
63.7
67.2
88.54
121.87
124.1
118.43
95.68
95.65
Revenue per Share
5.51
-0.83
-0.73
-0.48
-3.27
-0.77
4.04
3.47
0.99
3.85
-1.78
5.84
5.31
12.35
11.48
2.61
2.61
Basic EPS, GAAP
1.45
-15.43
-2.66
-1.6
8.58
13.86
14.82
12.62
-1.19
3.96
6.07
-7.97
4.45
9.32
3.28
16.43
- -
Free Cash Flow per Basic Share
1.46
1.25
0.51
0.49
0.63
0.61
0.48
0.57
0.32
- -
0.25
0.46
0.8
1.41
0.9
1.4
- -
Dividend per Share
31.53
4.36
2.87
1.03
23.25
21.86
16.48
19.39
20.17
23.03
29.13
30.82
35.29
46.01
55.16
1
1
Book Value per Share
53.45
52.07
67.91
66
71.47
69.47
66.6
69.31
68.07
68.76
72.5
68.92
73.59
85.27
93.46
95.47
95.45
Tangible Book Value per Share
327
327
327
333
355
357
357
357
387
418
514
595
595
599
618
619
619
Basic Weighted Avg Shares
18,707
20,209
21,551
23,661
24,014
21,637
20,400
22,312
26,526
26,656
34,509
52,648
72,465
74,332
73,200
59,180
59,180
Sales/Revenue/Turnover
4.88
11.28
9.14
12.94
10.26
11
11.43
10.8
14.56
13.02
10.25
11.68
8.9
14.82
12.21
3.15
3.15
Operating Margin (%)
559
566
557
564
706
673
669
624
585
571
900
1,147
1,212
1,245
1,421
1,726
1,726
Depreciation Expense
1,799
-270
-239
-159
-1,161
-274
1,441
1,240
382
1,611
-912
3,473
3,158
7,399
7,096
1,614
1,614
Net Income, GAAP
27.35
- -
20.99
31.84
18.98
32.27
30.33
- -
- -
24.63
- -
21.77
23.87
21.03
17.1
26.22
26.22
Effective Tax Rate (%)
9.62
-1.33
-1.11
-0.67
-4.83
-1.27
7.06
5.56
1.44
6.04
-2.64
6.6
4.36
9.95
9.69
2.73
2.73
Profit Margin (%)
6,556
4,335
4,009
3,458
2,296
2,106
5,114
2,598
3,436
2,786
9,579
13,626
13,719
16,767
18,764
23,546
23,546
Working Capital
7,854
8,568
12,178
15,533
12,936
11,525
11,350
8,486
8,382
7,184
8,383
9,068
7,668
4,734
2,671
2,891
2,891
LT Debt
17,518
17,030
22,351
22,122
25,523
24,908
23,851
24,791
26,363
28,814
37,275
41,045
43,837
51,144
57,827
59,244
59,244
Total Equity
2.18
- -
3.81
4.41
4.18
3.47
3.62
- -
- -
5.81
- -
7.44
6.95
11.98
9.64
1.79
1.79
Return on Invested Capital (%)
12.47
- -
2.56
2.38
-7.78
2.12
9.43
- -
- -
11.4
- -
11.32
10.28
18.21
15.86
7.47
7.47
Return on Capital (%)
30.3
-4.6
-20.2
-24.83
-26.99
-3.41
21.06
19.37
5.19
18.47
-7.41
20.86
16.07
30.48
23.02
9.3
9.3
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
19,666
- -
12,719
LT Borrowings
2,171
- -
2,537
LT Finance Leases
388
- -
354
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
618
- -
618
Market Capitalization
57,789
48,580
45,548

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
51,505
- -
47,015
Cash, Cash Equivalents & STI
9,861
- -
10,659
Accounts Receivable, Net
12,838
- -
10,706
Inventories
27,306
- -
23,982
Total Current Liabilities
31,788
- -
23,469
Payables & Accruals
- -
- -
- -
ST Debt
19,666
- -
12,719
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.38%
9.82%
2.45%
Free Cash Flow
-44.86%
8.13%
401.27%
Net Income, GAAP
-98.02%
-87.38%
-77.25%
Sales/Revenue/Turnover
12.46%
14.42%
-19.15%
Total Cash Common Dividend
- -
56.66%
55.56%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
16,850
19,193
18,694
19,595
74,332
2025
20,119
18,278
17,767
17,007
73,200
2026
15,577
13,958
14,718
14,927
59,180

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.26
2.94
4.42
- -
12.35
2025
3.65
2.51
2.59
2.72
11.48
2026
1.44
1.27
-0.35
0.26
2.61

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.41
2025
- -
- -
- -
- -
0.9
2026
- -
- -
- -
- -
1.4
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Business
Electrosteel Castings Limited manufactures ductile iron pipes, fittings, flange pipes, restrained joint pipes and cast iron pipes for water supply, sewerage and irrigation applications; it also produces steel castings and ferro alloys. The company, founded in 1955 and headquartered in Kolkata, India, operates manufacturing facilities across India including Khardah, Elavur and Haldia, with exports to over 130 countries in Europe, North and South America, Southeast Asia, the Middle East and Africa. As India's largest producer of ductile iron pipes with a capacity of 700,000 tonnes per annum, Electrosteel pioneered ductile iron spun pipe production in the country in 1994 and ranks as the world's third-largest producer. In May 2025, the company acquired 100% of T.I.S. Services S.p.A., an Italian valve manufacturer, for up to Euro 15 million to expand its water infrastructure offerings and integrate valves into its pipeline solutions; it is evaluating a new manufacturing site in Odisha to boost ductile iron pipe capacity by 0.5 million tonnes. Electrosteel continues to benefit from government initiatives like Jal Jeevan Mission and river linking projects, while enhancing its capacity to 900,000 tonnes.