Electrosteel Castings Ltd (ELECTCAST)
₹209.76▲7.67%
Analyst Rating
based on 1 analysts
100.00%
Buy
0.00%
Hold
0.00%
Sell
Based on 1 analysts offering long term price targets for Electrosteel Castings Ltd. An average target of ₹233
Source: S&P Global Market Intelligence
Electrosteel Castings Ltd Share analysis
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹196₹212.852 Week's Low
52 Week's High
₹54.65₹212.8
| Returns % | |
| 1 Month Return | + 8.2 % |
| 3 Month Return | -4.08 % |
| 1 Year Return | + 250.69 % |
| Market Stats | |
| Previous Close | ₹194.81 |
| Open | ₹197.80 |
| Volume | 1.20Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹11,583.50Cr |
Key Statistics
| P/E Ratio | 15.8 |
| PEG Ratio | 2.25 |
| Market Cap | ₹11,583.50 Cr |
| P/B Ratio | 0.45 |
| EPS | 0 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹11,583.50 Cr | 242.37% | 0.69 | ₹316 Cr | ₹7,275 Cr |
 | NA | ₹102.45 Cr | 84.11% | 0.76 | NA | NA |
 | NA | ₹81.71 Cr | -10.65% | 0.66 | NA | NA |
| NA | ₹102.69 Cr | 46.46% | 0.49 | NA | NA |
 | NA | ₹1,973.62 Cr | 28.18% | 0.69 | ₹51 Cr | ₹1,401 Cr |
Mutual Fund Holdings
Company Information
Electrosteel Castings Ltd. has operations in India, Middle East, Africa and Europe, and is one of the largest producers of Ductile Iron Pipes and Fittings in the world. It offers a wide range of products including pipes, fittings, valves, hydrants, flanges, manholes, and other accessories. The company's popular brands include Electrosteel, ESD, and ESSL.
The company's top products include Ductile Iron Pipes, Fittings, Valves, Hydrants, Flanges, Manholes and Accessories. These products are widely used in water supply, irrigation, sewerage, and industrial applications. Electrosteel Castings Ltd. also provides engineering services and solutions for the water, sewerage, and industrial sectors.
Share Price: ₹209.76 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹11,583.50Cr as of today
Revenue: ₹2,004.26Cr as on March 2024 (Q1 24)
Net Profit: ₹227.15Cr as on March 2024 (Q1 24)
Listing date: 15 May, 1995
Chairperson Name: Pradip Kumar Khaitan
| Organisation | Electrosteel Castings Ltd |
| Headquarters | Kolkata |
| Industry | Castings, Forgings & Fastners |
| E-voting on shares | Click here to vote |
Key events for Electrosteel Castings Ltd
Electrosteel Castings Ltd: Buy Recommendation with Target of 205 and 210 - 23 Jul, 2024
Analysts recommend buying Electrosteel Castings Ltd (ELECTCAST) stock, which is currently trading just above its Anchor VWAP support level of 192.50. The price action suggests that the stock has found solid support at these levels and could see continued upward movement. With limited downside risk, a strict stop-loss can be set at 190.
Electrosteel Castings Promoters Settle Insider Trading Allegations - 15 Jul, 2024
Promoters of Electrosteel Castings have settled insider trading allegations by paying Rs 1.36 crore and disgorging notional profits with interest. The investigation covered trades between May 17, 2020, and January 6, 2021.
Electrosteel Castings Ltd Shares Rise 28% - 05 Jul, 2024
The share price of Electrosteel Castings Ltd has increased by 28% in the last month, following a massive increase of 200% in the last year. However, investors are cautious due to its low P/E ratio and limited future growth forecast. The company's mixed result in terms of growing earnings over time is also a concern for investors.
Electrosteel Castings Ltd's Debt Situation Analyzed - 03 Jul, 2024
An article analyzes the debt situation of Electrosteel Castings Limited and concludes that while its debt levels are manageable, shareholders should keep a close eye on the company's balance sheet strength and cash flow.
Insights on Electrosteel Castings Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 17.49% to 19.70% in Mar 2024 quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, ELECTCAST has outperformed top 5 stocks with highest market-cap in Iron & Steel
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, ELECTCAST has outperformed top 5 stocks with highest market-cap in Iron & Steel
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 1.89K Cr → 2.03K Cr (in ₹), with an average increase of 7.2% per quarter
- POSITIVE IMPACT
Price Rise
In the last 1 year, ELECTCAST stock has moved up by 250.7%
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 46.21% of holdings in Mar 2024 quarter
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 35.60% to 33.48% in Mar 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 263.37 Cr → 227.08 Cr (in ₹), with an average decrease of 13.8% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 0.41% to 0.32% in Mar 2024 quarter
Company Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹2,004.26Cr | ↑7.22% |
Net Income | ₹227.15Cr | ↓13.77% |
Net Profit Margin | 11.33% | ↓19.59% |
| 2023 | Y/Y Change | |
|---|---|---|
Revenue | ₹7,275.51Cr | ↑37.77% |
Net Income | ₹316.23Cr | ↓9.02% |
Net Profit Margin | 4.35% | ↓33.89% |
| 2023 | Y/Y Change | |
|---|---|---|
Total Assets | ₹8,135.18Cr | ↓1.39% |
Total Liabilities | ₹3,864.73Cr | ↓9.32% |
| 2023 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹397.65Cr | ↓222.25% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 46.21% | 0.00 | |
| Foreign Institutions | 19.7% | 12.64 | |
| Mutual Funds | 0.32% | ||
| Retail Investors | 33.48% | ||
| Others | 0.28% |
Key Indicators
Electrosteel Castings Ltd Valuation
Electrosteel Castings Ltd in the last 5 years
Lowest (-185.91x)
August 3, 2021
Today (15.80x)
July 23, 2024
Industry (53.56x)
July 23, 2024
Highest (22.34x)
July 2, 2019
Earnings and Dividends
Electrosteel Castings Ltd Earnings Results
Electrosteel Castings Ltd’s net profit jumped 153.92% since last year same period to ₹227.08Cr in the Q4 2023-2024. On a quarterly growth basis, Electrosteel Castings Ltd has generated -13.78% fall in its net profits since last 3-months.
Read More about Earnings ResultsElectrosteel Castings Ltd Dividends February,2024
In the quarter ending December 2023, Electrosteel Castings Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.72%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Electrosteel Castings Ltd is currently in a Bullish trading position according to technical analysis indicators.
Frequently Asked Questions
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Electrosteel Castings Ltd (ELECTCAST) share price today is ₹209.76
Electrosteel Castings Ltd is listed on NSE
Electrosteel Castings Ltd is listed on BSE
- Today’s highest price of Electrosteel Castings Ltd is ₹212.8.
- Today’s lowest price of Electrosteel Castings Ltd is ₹196.
PE Ratio of Electrosteel Castings Ltd is 15.8
PE ratio = Electrosteel Castings Ltd Market price per share / Electrosteel Castings Ltd Earnings per share
Today’s traded volume of Electrosteel Castings Ltd(ELECTCAST) is 1.20Cr.
Today’s market capitalisation of Electrosteel Castings Ltd(ELECTCAST) is ₹11583.5Cr.
| Electrosteel Castings Ltd(ELECTCAST | Price |
|---|---|
52 Week High | ₹212.8 |
52 Week Low | ₹54.65 |
Electrosteel Castings Ltd(ELECTCAST) share price is ₹209.76. It is down -1.43% from its 52 Week High price of ₹212.8
Electrosteel Castings Ltd(ELECTCAST) share price is ₹209.76. It is up 283.82% from its 52 Week Low price of ₹54.65
| Electrosteel Castings Ltd(ELECTCAST | Returns |
|---|---|
1 Day Returns | 14.95% |
1 Month Returns | 8.2% |
3 Month Returns | -4.08% |
1 Year Returns | 250.69% |