Electrosteel Castings Limited

NSE: ELECTCAST · Capital Goods

₹68.80-1.18%06 Nov 2026

Ask the data

Instant answers about Electrosteel Castings Limited — computed from its filings, no language model

Market cap₹4,253 cr

Current price₹68.80

High / Low₹94 / ₹61

P/E35.2

P/B0.72

Book value₹95.8

ROE2.0%

ROCE4.0%

Debt / equity0.26

Dividend yield2.03%

EPS (TTM)₹1.95

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	2,711	3,471	5,281	7,276	7,478	7,320	5,918
EBITDA	366	431	698	738	1,178	1,036	359
Operating margin	13.5%	12.4%	13.2%	10.1%	15.8%	14.1%	6.1%
Interest	228	211	195	286	219	161	144
Depreciation	57	91	115	121	125	142	173
Profit before tax	114	-57	444	415	937	856	219
Tax	28	40	97	99	197	146	57
Net profit	161	-146	347	316	740	710	161
EPS ₹	3.85	-3.37	5.84	5.31	12.35	11.48	2.61
Operating cash flow	—	—	-279	452	806	480	1,147
Capex	—	—	195	188	244	278	130
Dividend paid	—	—	27	48	84	56	87
Total assets	—	—	—	8,519	9,108	9,695	9,461
Equity	—	—	—	4,383	5,113	5,782	5,923

Quarterly performance

last 29 quarters · ₹ crore

showing latest 8 of 29 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	653	653	693	713	330	750	1,163	1,228	1,097	1,165	1,433	1,577	1,767	1,784	1,852	1,872	1,685	1,919	1,869	2,004	2,012	1,828	1,777	1,701	1,558	1,396	1,472	1,493	1,426
Operating profit	102	83	102	79	3	82	174	172	159	132	182	217	203	154	187	193	160	300	406	311	354	268	255	160	170	93	34	62	100
Operating margin	15.6%	12.7%	14.8%	11.1%	0.9%	10.9%	15.0%	14.0%	14.5%	11.4%	12.7%	13.8%	11.5%	8.7%	10.1%	10.3%	9.5%	15.6%	21.7%	15.5%	17.6%	14.6%	14.3%	9.4%	10.9%	6.7%	2.3%	4.1%	7.0%
Other income	8	13	7	5	5	12	30	11	16	21	18	9	16	17	15	36	27	18	23	34	24	21	39	39	28	95	54	37	39
Interest	53	66	53	56	46	43	56	65	60	41	42	53	62	69	77	77	57	57	53	52	41	40	45	35	36	38	37	32	27
Depreciation	14	14	14	15	14	17	31	30	28	30	27	31	30	30	30	31	30	30	30	34	32	36	37	37	41	43	45	44	43
Profit before tax	44	16	43	13	-53	-210	117	89	87	83	130	143	127	72	95	121	100	231	346	260	305	212	213	126	121	107	-32	23	69
Tax	18	2	12	-4	-18	5	32	22	17	17	33	30	32	19	17	32	25	56	83	33	79	57	53	-42	32	29	-10	7	20
Net profit	39	26	59	38	-38	-208	57	43	46	45	97	113	95	53	78	89	75	175	263	227	226	155	160	168	89	78	-22	16	48
EPS ₹	0.96	0.63	1.37	0.87	-0.87	-4.80	1.32	0.98	1.05	1.05	1.63	1.90	1.60	0.89	1.32	1.50	1.26	2.94	4.42	3.71	3.65	2.51	2.59	2.72	1.44	1.27	-0.35	0.26	0.78
Revenue YoY	—	—	—	—	-49.5%	15.0%	67.9%	72.3%	232.7%	55.3%	23.2%	28.4%	61.1%	53.1%	29.3%	18.7%	-4.6%	7.6%	0.9%	7.0%	19.4%	-4.8%	-5.0%	-15.1%	-22.6%	-23.6%	-17.2%	-12.2%	-8.5%
Profit YoY	—	—	—	—	-197.4%	-909.0%	-2.8%	12.7%	—	—	69.0%	165.3%	109.0%	16.4%	-18.8%	-20.8%	-21.3%	230.3%	235.8%	153.9%	201.8%	-11.1%	-39.2%	-25.9%	-60.6%	-49.5%	-113.7%	-90.5%	-45.7%

Earlier results (standalone, Sep '07 – Mar '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Electrosteel Castings Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	1,903	1,935	2,187	2,154	1,972	1,807	1,954	2,367
Operating profit	104	180	305	278	282	278	231	349
Operating margin	5.4%	9.3%	13.9%	12.9%	14.3%	15.4%	11.8%	14.8%
Other income	36	106	20	31	32	95	69	62
Interest	63	111	136	145	170	201	198	225
Depreciation	54	53	53	67	64	64	59	55
Profit before tax	38	121	136	92	80	108	44	-659
Tax	-4	24	35	19	22	31	-3	-23
Net profit	42	97	101	73	59	77	47	-636

Quarters

showing latest 8 of 44 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	JUN '09†	SEP '09†	DEC '09†	JUN '10†	SEP '10†	DEC '10†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†
Revenue	296	324	415	404	528	438	389	378	416	369	432	437	430	471	473	530	447	494	480	514	492	567	513	615	458	535	611	550	479	448	497	548	421	439	453	494	479	423	512	540	489	563	641	673
Operating profit	20	16	38	56	58	87	106	110	116	67	77	88	54	45	-1	5	11	81	47	40	38	72	95	100	66	70	70	72	61	64	71	87	70	86	81	41	45	53	68	65	72	93	100	84
Operating margin	6.9%	4.8%	9.2%	13.9%	10.9%	19.8%	27.2%	29.2%	27.9%	18.0%	17.8%	20.1%	12.7%	9.6%	-0.2%	0.9%	2.5%	16.5%	9.8%	7.8%	7.7%	12.8%	18.4%	16.3%	14.3%	13.1%	11.5%	13.1%	12.8%	14.2%	14.2%	15.8%	16.7%	19.6%	17.8%	8.3%	9.5%	12.5%	13.2%	12.0%	14.7%	16.4%	15.6%	12.5%
Other income	21	20	28	11	18	6	4	5	1	6	4	1	1	3	8	24	9	2	38	57	5	4	3	8	9	6	11	4	11	7	11	3	7	17	11	60	20	14	22	13	15	15	14	17
Interest	7	—	27	36	40	29	12	10	8	17	10	12	11	15	11	25	33	26	27	25	29	41	36	30	29	41	41	34	39	43	47	40	46	44	40	71	50	53	43	52	66	55	57	48
Depreciation	9	9	10	10	10	11	13	13	14	13	14	14	14	14	13	14	14	14	13	13	13	13	13	13	17	18	17	15	16	16	16	16	16	16	16	17	15	15	15	14	14	14	13	13
Profit before tax	26	14	-31	21	71	52	84	92	96	43	57	47	30	20	-18	6	-27	44	44	59	1	22	48	65	29	13	23	27	17	11	19	34	16	44	36	13	1	-0	31	12	-571	-173	44	40
Tax	-3	0	-11	6	29	15	26	29	31	12	18	0	2	1	-7	0	-9	7	11	15	1	2	14	18	9	0	8	3	5	1	6	10	6	12	12	2	0	-4	11	-11	3	-64	15	23
Net profit	29	14	-21	15	42	37	58	63	64	30	39	47	28	19	-11	6	-17	37	33	44	1	19	34	47	20	13	16	24	12	10	13	24	10	32	24	11	0	4	20	23	-574	-108	28	18
EPS ₹	1.39	0.59	-0.75	0.55	1.50	1.30	1.91	1.96	1.97	0.92	1.18	1.45	0.85	0.59	-0.33	0.18	-0.53	1.13	1.01	1.36	0.02	0.60	1.03	1.36	0.56	0.36	0.44	0.68	0.33	0.29	0.36	0.67	0.28	0.90	0.67	0.31	0.01	0.10	0.57	0.63	-16.07	-2.94	0.74	0.46
Revenue YoY	—	—	—	—	78.2%	35.0%	-3.7%	-28.3%	-4.9%	-5.1%	14.3%	5.1%	16.5%	9.0%	8.1%	—	3.9%	4.8%	1.5%	-2.9%	10.2%	14.8%	6.9%	19.6%	-6.9%	-5.6%	19.1%	-10.6%	4.5%	-16.3%	-18.6%	-0.3%	-12.1%	-2.0%	-8.9%	-9.8%	13.8%	-3.6%	12.9%	9.4%	2.2%	33.0%	25.3%	24.7%
Profit YoY	—	—	—	—	45.8%	168.4%	276.8%	49.6%	72.5%	-48.2%	-38.7%	-26.3%	-7.2%	-49.8%	-122.7%	—	-162.1%	91.3%	—	653.2%	—	-47.4%	1.9%	5.3%	3492.7%	-34.4%	-53.3%	-47.9%	-39.9%	-19.5%	-18.8%	-1.6%	-15.2%	212.3%	87.7%	-53.9%	-97.8%	-88.4%	-15.1%	104.9%	-260868.2%	-3011.6%	38.9%	-21.4%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 26 periods

	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
ROE	—	—	—	—	—	—	—	—	—	—	8.5%	8.0%	7.2%	6.7%	9.1%	13.2%	14.5%	17.4%	16.0%	14.1%	12.3%	9.9%	8.4%	5.3%	2.7%	2.0%
ROCE	—	—	—	—	—	—	—	—	—	—	9.6%	9.6%	10.0%	9.5%	11.7%	14.9%	15.7%	18.2%	17.9%	16.0%	13.0%	10.6%	8.9%	5.8%	4.9%	4.0%
Net margin	5.9%	3.5%	-6.0%	-5.1%	-4.2%	-1.5%	4.1%	4.7%	5.7%	5.9%	5.4%	4.9%	4.3%	4.1%	5.7%	8.2%	9.9%	11.4%	11.3%	10.1%	9.7%	8.3%	7.7%	5.1%	2.7%	2.1%
EBITDA margin	13.5%	11.2%	10.7%	11.4%	12.4%	13.9%	13.7%	13.1%	13.1%	12.4%	11.5%	10.9%	10.1%	9.7%	11.5%	14.4%	15.8%	17.6%	17.4%	15.6%	14.2%	12.4%	10.5%	7.5%	6.1%	5.0%
Debt / equity	—	—	—	—	—	—	—	—	—	—	0.72	0.72	0.60	0.60	0.53	0.53	0.44	0.44	0.34	0.34	0.36	0.36	0.37	0.37	0.26	0.26
Interest coverage	1.50	1.08	-0.05	0.34	0.73	1.37	2.68	2.86	3.25	3.43	3.08	2.67	2.45	2.38	3.04	4.27	5.28	6.62	7.03	6.57	6.33	5.32	4.69	3.21	2.52	2.24
Asset turnover	—	—	—	—	—	—	—	—	—	—	0.75	0.80	0.85	0.84	0.82	0.82	0.82	0.86	0.84	0.83	0.75	0.71	0.65	0.62	0.63	0.61

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 8 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26
Share capital	59	59	59	62	62	62	62	62
Other equity / reserves	4,158	4,323	4,513	5,051	5,375	5,720	5,832	5,862
Total equity	4,218	4,383	4,573	5,113	5,437	5,782	5,894	5,923
Borrowings	3,045	2,628	2,431	2,266	1,859	2,060	2,174	1,513
Current liabilities	3,152	2,942	3,143	2,899	2,669	2,779	3,179	2,347
Non-current liabilities	1,339	1,193	1,246	1,095	1,043	1,134	838	1,190
Total assets	8,711	8,519	8,963	9,108	9,151	9,695	9,911	9,461
Property, plant & equipment	2,695	2,723	2,715	2,842	2,832	3,018	3,122	3,124
Capital work-in-progress	1,185	1,302	1,281	1,229	1,313	1,249	1,186	1,186
Investments	218	161	391	204	143	145	210	578
Inventories	2,341	2,269	2,337	2,273	2,436	2,464	2,731	2,398
Receivables	1,115	1,056	1,043	1,365	1,291	1,483	1,284	1,071
Cash & equivalents	97	230	224	279	237	167	212	294

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	-279	452	806	480	1,147
Cash from investing	-329	168	-37	-142	-136
Cash from financing	609	-604	-720	-454	-900
Capex	195	188	244	278	130
Free cash flow	-474	265	561	203	1,017
Dividends paid	27	48	84	56	87

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹3,124 cr33%

CWIP

₹1,186 cr13%

Investments

₹578 cr6%

Inventories

₹2,398 cr25%

Receivables

₹1,071 cr11%

Cash & equivalents

₹294 cr3%

Other assets

₹811 cr9%

Peer comparison

largest in Capital Goods · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Hindustan Aeronautics Ltd.	3,33,052	4,980.00	35.7	8.12	22.7%
Bharat Electronics Ltd.	2,89,468	396.00	45.2	11.02	24.4%
Tata Motors Ltd.	1,56,797	425.50	24.8	10.26	41.3%
Bharat Heavy Electricals Ltd.	1,45,828	418.80	50.7	5.45	10.8%
ABB India Ltd.	1,43,541	6,774.00	55.7	15.37	27.6%
Siemens Ltd.	1,26,736	3,560.00	28.2	8.02	28.4%
Hitachi Energy India Ltd.	1,23,988	27,800.00	107.8	23.95	22.2%
CG Power and Industrial Solutions Ltd.	1,21,786	773.00	89.1	13.94	15.6%
Polycab India Ltd.	1,18,610	7,871.00	37.6	9.06	24.1%
Cummins India Ltd.	1,12,233	4,048.80	49.8	13.52	27.1%
Electrosteel Castings Limited	4,253	68.80	35.2	0.72	2.0%

StoxGud checklist: Bearish setup · 2/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-12.6%

6 months-24.7%

1 year-25.6%

3Y CAGR-9.3%

5Y CAGR+14.0%

10Y CAGR+10.7%

50-day avg₹74.64

200-day avg₹75.57

RSI (14)32

FAQs

What is the share price of Electrosteel Castings Limited?

Electrosteel Castings Limited (ELECTCAST) closed at ₹68.80 on NSE on 06 Nov 2026.

What is the market cap of Electrosteel Castings Limited?

₹4,253 crore at the latest close.

What is the P/E ratio of Electrosteel Castings Limited?

35.2, on trailing-twelve-month earnings from its filings.

How fast is Electrosteel Castings Limited growing?

Electrosteel Castings Limited: revenue has compounded at -6.7% a year over three years; net profit at -20.0% a year. Latest-quarter revenue is down 8.5% year on year, profit down 45.7%.

How profitable is Electrosteel Castings Limited?

On a trailing-twelve-month basis return on equity is 2.0%, return on capital employed 4.0%, operating margin 5.0%, net margin 2.1%.

How much debt does Electrosteel Castings Limited have?

Electrosteel Castings Limited is lightly geared: debt to equity is 0.26 with borrowings of ₹1,513 cr against cash of ₹294 cr (balance sheet of 2026-03-31). Operating profit covers interest 2.2 times.

Financials parsed from Electrosteel Castings Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '19, annual from FY20, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.