Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Fundamental Analysis of Electrosteel Castings Ltd

About the Company - Electrosteel Castings Ltd

Electrosteel Castings Ltd. is a Public Limited Listed company incorporated on 26/11/1955 and has its registered office in the State of Orissa, India. Company’s Corporate Identification Number(CIN) is L27310OR1955PLC000310 and registration number is 000310. Currently Company is involved in the business activities of Manufacture of tubes, pipes and hollow profiles and of tube or pipe fittings of cast-iron/cast-steel. Company’s Total Operating Revenue is Rs. 5014.83 Cr. and Equity Capital is Rs. 59.46 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Castings/FoundryRathod Colony, Rajgangpur, Sundargarh Orissa 770017companysecretary@electrosteel.com
http://www.electrosteelcastings.com
Management
NamePosition Held
Mr. Pradip Kumar KhaitanChairman
Mr. Umang KejriwalManaging Director
Mr. Mayank KejriwalJoint Managing Director
Mr. Uddhav KejriwalWhole Time Director
Mr. Ashutosh AgarwalWholeTime Director & CFO
Mr. Sunil KatialWholeTime Director & CEO
Mrs. Radha Kejriwal AgarwalWhole Time Director
Mrs. Nityangi Kejriwal JaiswalWhole Time Director
Mr. Madhav KejriwaWhole Time Director
Mrs. Priya Manjari TodiWhole Time Director
Mr. Binod Kumar KhaitanDirector
Mr. Amrendra Prasad VermaDirector
Dr. Mohua BanerjeeDirector
Mr. Rajkumar KhannaDirector
Mr. Jinendra Kumar JainDirector
Mr. Vyas Mitre RalliDirector
Mr. Bal Kishan ChoudhuryDirector
Mr. Virendra SinhaDirector

Electrosteel Castings Ltd. Share Price Update

Share PriceValue
Today₹109.15
Previous Day₹109.85

Basic Stock Data of Electrosteel Castings Ltd

Market Cap 6,487 Cr.
Current Price 109
High / Low119/31.4
Stock P/E15.5
Book Value 76.9
Dividend Yield0.82 %
ROCE9.99 %
ROE7.51 %
Face Value 1.00

Electrosteel Castings Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales7501,1631,2301,0971,1651,4381,5771,7671,7841,8521,8721,6851,919
Expenses6659871,0639381,0341,2491,3601,5641,6301,6641,6801,5251,619
Operating Profit86175166159131190217203154187193160300
OPM %11%15%14%15%11%13%14%12%9%10%10%10%16%
Other Income-23624191621129161715362718
Interest43556460404553626977775757
Depreciation17283228292731303030313030
Profit before tax-2101169087831301431277295121100231
Tax %-2%27%25%19%20%26%21%25%26%18%26%25%24%
Net Profit-20685687066971139553798975175
EPS in Rs-4.801.951.561.051.532.231.901.600.891.321.501.262.94

Electrosteel Castings Ltd Quarterly Chart

Electrosteel Castings Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales2,1022,2142,4592,4022,2042,0792,2632,6992,7113,4745,2817,2767,329
Expenses1,9972,0162,1612,0911,9111,7912,0062,2952,3203,0384,5866,5306,488
Operating Profit105198299311293288257404391436695746841
OPM %5%9%12%13%13%14%11%15%14%13%13%10%11%
Other Income74952859710080-1378-194597797
Interest111126150157180210210235228208195286269
Depreciation57565671676762595790115121122
Profit before tax121121201445211165-26114-56444415547
Tax %-146%21%32%19%32%30%-2%70%25%-72%22%24%
Net Profit-26-23-15-116-2714412439161-91348316418
EPS in Rs-0.83-0.73-0.46-3.25-0.774.043.470.943.72-2.115.845.317.02
Dividend Payout %-61%-68%-140%-20%-65%12%9%0%8%-12%14%17%

Electrosteel Castings Ltd Profit & Loss Yearly Chart

Electrosteel Castings Ltd Growth

Compounded Sales Growth
10 Years::13%
5 Years::26%
3 Years::39%
TTM::12%

Electrosteel Castings Ltd Growth

Compounded Profit Growth
10 Years::26%
5 Years::21%
3 Years::21%
TTM::17%

Electrosteel Castings Ltd Growth

Stock Price CAGR
10 Years::22%
5 Years::39%
3 Years::67%
1 Year::176%

Electrosteel Castings Ltd Growth

Return on Equity
10 Years::4%
5 Years::7%
3 Years::7%
Last Year::8%

Electrosteel Castings Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital33333436363636414343595959
Reserves1,6632,1932,1682,0342,4552,3492,4432,5952,8373,6674,0444,3234,513
Borrowings1,8212,4302,5712,5722,1852,0571,6971,7611,7362,1382,9672,6672,469
Other Liabilities8134316835751,0321,0781,2251,0259771,3051,5541,4691,921
Total Liabilities4,3305,0875,4565,2185,7085,5195,4015,4215,5937,1528,6248,5198,963
Fixed Assets6011,1481,1821,1541,7801,7071,6781,6331,7032,6332,7632,7312,775
CWIP6649931,2181,2861,2781,2101,2021,2371,1661,3371,2081,3021,281
Investments1,074982839766786590637684747202457161391
Other Assets1,9911,9652,2172,0121,8632,0131,8841,8681,9772,9804,1964,3244,517
Total Assets4,3305,0875,4565,2185,7085,5195,4015,4215,5937,1528,6248,5198,963

Electrosteel Castings Ltd Reserves and Borrowings Chart

Electrosteel Castings Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -255216109443533421450-46225444-279452
Cash from Investing Activity 133-279-177-2167172-6933-20129-329168
Cash from Financing Activity 120260-88-236-592-332-574-5-220-419609-604
Net Cash Flow-2197-155-812162-193-18-16154117

Electrosteel Castings Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days1009985788981858283816553
Inventory Days266206232212225249219228278279331208
Days Payable1325811990121109121941201029354
Cash Conversion Cycle234247197200192220182217242258303207
Working Capital Days12215712412715415397130131167176139
ROCE %3%5%6%6%5%6%6%9%8%8%10%10%

Electrosteel Castings Ltd Financial Efficiency Indicators Chart

No valid data available for the Shareholding

Electrosteel Castings Ltd Shareholding Pattern Chart

No. of Electrosteel Castings Ltd Shareholders

Electrosteel Castings Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Motilal Oswal Nifty Microcap 250 Index Fund3302200.612.8
Groww Nifty Total Market Index Fund7590.020.01

Electrosteel Castings Ltd ROCE Trend

Electrosteel Castings Ltd EPS Trend

Electrosteel Castings Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)5.315.84-3.373.850.99
Diluted EPS (Rs.)5.315.84-3.373.850.99
Cash EPS (Rs.)7.367.77-0.143.311.26
Book Value[Excl.RevalReserv]/Share (Rs.)73.7269.0387.0066.5565.09
Book Value[Incl.RevalReserv]/Share (Rs.)73.7269.0387.0066.5565.09
Revenue From Operations / Share (Rs.)122.3688.8180.1662.6266.57
PBDIT / Share (Rs.)13.8312.6711.309.2211.14
PBIT / Share (Rs.)11.7910.759.197.909.69
PBT / Share (Rs.)6.997.47-1.322.64-0.62
Net Profit / Share (Rs.)5.325.85-2.251.99-0.18
NP After MI And SOA / Share (Rs.)5.315.84-3.373.720.94
PBDIT Margin (%)11.3014.2714.0914.7216.72
PBIT Margin (%)9.6312.0911.4612.6114.56
PBT Margin (%)5.708.41-1.644.22-0.94
Net Profit Margin (%)4.346.58-2.803.18-0.27
NP After MI And SOA Margin (%)4.346.57-4.205.941.41
Return on Networth / Equity (%)7.208.46-5.085.591.44
Return on Capital Employeed (%)12.5711.627.788.619.95
Return On Assets (%)3.704.02-2.032.870.70
Long Term Debt / Equity (X)0.160.210.270.240.31
Total Debt / Equity (X)0.590.710.670.510.60
Asset Turnover Ratio (%)0.820.650.420.470.46
Current Ratio (X)1.471.441.471.171.23
Quick Ratio (X)0.690.720.870.610.72
Inventory Turnover Ratio (X)2.031.801.321.641.89
Dividend Payout Ratio (NP) (%)15.067.84-8.900.000.00
Dividend Payout Ratio (CP) (%)10.885.90-23.740.000.00
Earning Retention Ratio (%)84.9492.16108.900.000.00
Cash Earning Retention Ratio (%)89.1294.10123.740.000.00
Interest Coverage Ratio (%)2.883.872.321.751.92
Interest Coverage Ratio (Post Tax) (%)2.112.791.701.381.75
Enterprise Value (Cr.)4127.084761.193398.641789.462270.12
EV / Net Operating Revenue (X)0.560.900.970.660.84
EV / EBITDA (X)5.026.326.954.485.03
MarketCap / Net Operating Revenue (X)0.260.440.310.140.30
Retention Ratios (%)84.9392.15108.900.000.00
Price / BV (X)0.430.570.370.130.30
Price / Net Operating Revenue (X)0.260.440.310.140.30
EarningsYield0.160.14-0.130.400.04

Electrosteel Castings Ltd Profitability Ratios (%)

Electrosteel Castings Ltd Liquidity Ratios

Electrosteel Castings Ltd Liquidity Ratios (%)

Electrosteel Castings Ltd Interest Coverage Ratios (%)

Electrosteel Castings Ltd Valuation Ratios

Fair Value of Electrosteel Castings Ltd Stock

Fair Value: ₹90.25

The stock is overvalued by 17.20% compared to the current price ₹109

*Investments are subject to market risks

Strength and Weakness of Electrosteel Castings Ltd Stock

StrengthWeakness

The stock has a high average ROCE, which is a positive sign.

The company has higher reserves compared to borrowings, indicating strong financial stability.

The company has shown consistent growth in sales and profit over the years.

The stock has a high average Working Capital Days, which may not be favorable.

The stock has a high average Cash Conversion Cycle, which may not be favorable.

More Stocks