1. India Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Electrosteel Castings Ltd.

Electrosteel Castings Ltd.

66.34
INR
-3.57
(-5.11%)
1.95EPS
40.86P/E
49.26BMarket Cap
Nov 06Next Earn
Electrosteel Castings Ltd.
NSE:ELECTCAST
(National Stock Exchange of India)

Recent

price

66.34

P/E

ratio

40.86

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
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
117.97
95.22
93.48
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
1.95
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
16.44
- -
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
53.45
51.79
68.12
64.05
71.5
69.77
66.81
69.44
65
66.52
86.06
69.01
73.71
82.71
93.53
95.82
- -
Book Value per Share
53.29
51.74
67.63
63.55
71.11
69.46
66.59
69.3
64.91
66.43
85.96
68.9
73.58
82.6
93.42
95.51
- -
Tangible Book Value per Share
327
327
327
333
355
357
357
357
387
418
514
595
595
599
618
618
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
72,928
58,865
57,859
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
12.93
4.66
1.96
Operating Margin (%)
559
566
557
564
706
673
669
624
585
571
900
1,147
1,212
1,245
1,421
1,726
1,753
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
1,207
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
27.39
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
9.73
2.74
2.09
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
- -
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
- -
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
- -
Total Equity
3.53
- -
2.17
1.72
2.43
0.76
2.06
- -
- -
5.2
- -
7.13
6.55
11.6
10.02
2.35
- -
Return on Invested Capital (%)
7.99
- -
1.4
1.29
-4.6
1.33
5.73
- -
- -
6.63
- -
7.38
6.97
12.38
10.79
3.34
- -
Return on Capital (%)
10.68
-1.57
-1.22
-0.72
-4.88
-1.09
5.91
5.1
1.49
5.84
-2.76
8.87
7.44
15.58
13.03
2.76
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
12,719
- -
LT Borrowings
- -
2,537
- -
LT Finance Leases
- -
354
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
618
618
618
Market Capitalization
48,478
45,529
49,257

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
47,015
- -
Cash, Cash Equivalents & STI
- -
8,379
- -
Accounts Receivable, Net
- -
10,706
- -
Inventories
- -
23,982
- -
Total Current Liabilities
- -
23,469
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
12,719
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

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
12.41%
14.32%
-19.28%
Total Cash Common Dividend
- -
56.66%
55.56%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
20,119
18,278
17,767
17,007
72,928
2026
15,577
13,958
14,718
14,927
58,865
2027
14,256
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3.65
2.51
2.59
2.72
11.48
2026
1.44
1.27
-0.35
0.26
2.61
2027
0.78
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.9
2026
- -
- -
- -
- -
1.4
2027
- -
- -
- -
- -
- -
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Business
Electrosteel Castings Limited (ECL), founded in 1955 and headquartered in Kolkata, India, manufactures and supplies ductile iron pipes, ductile iron fittings and accessories, flange pipes, restrained joint pipes, and cast iron pipes for water supply, sewage, irrigation, and infrastructure projects; the company operates five manufacturing facilities in Khardah, Bansberia, Haldia (West Bengal), Elavur (Tamil Nadu), and Srikalahasthi (Andhra Pradesh), with a total ductile iron pipe capacity of around 900,000 tonnes annually and exports to over 130 countries including Europe, the Middle East, Southeast Asia, Africa, and the Americas. ECL serves municipal corporations, water utilities, and industrial clients through its vertically integrated operations spanning melting, casting, coating, and distribution, with products certified to international standards for potable water, wastewater, and high-pressure applications. In recent developments, the company acquired T.I.S. Service S.p.A., an Italian valve manufacturer, for approximately $35.5 million in 2025 to expand its water infrastructure portfolio with integrated valve solutions and reduce import dependence; it also received a provisional INR 500 crore compensation for a coal mine asset, enhanced its debt-to-equity ratio to 0.24:1, and plans domestic valve production in Odisha while advancing capacity expansions amid government initiatives like Jal Jeevan Mission and river linking projects.