Steelcast Limited
NSE: STEELCAS · Castings & Forgings · sector
₹332.70NSE close 2026-10-26
Key numbers
Market cap₹3,372 cr
Price₹332.70
52w high / low₹391 / ₹176
P/E37.2xSector median 25.0x
P/B8.5xSector median 3.1x
Book value₹39.0
Dividend yield0.52%Sector median 0.48%
ROE25.2%Sector median 13.4%
ROCE30.9%Sector median 15.8%
OPM26.9%Sector median 17.0%
Debt / equity0.00xSector median 0.15x
EV/EBITDA27.7xSector median 16.8x
Interest cover436.2x
Current ratio5.07x
Sales growth 3y-3.9%Sector median +3.4%
Profit growth 3y+7.2%Sector median +19.6%
PEG5.18x
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 23 companies in Castings & Forgings (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹74 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Borrowings fell in each of the last 3 years (₹24 cr → ₹0 cr).
- Operating profit covered interest 436.2x in the last 12 months.
- 2.22% of the promoters' shares are pledged (1.0% of all shares).
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY24, FY22).
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 18% of net profit in the last 12 months.
- Debtor days went from 83 (FY24) to 93 (FY26).
- Dividend paid in 4 of the last 5 financial years.
- Price ₹332.70 on 2026-10-26: -14.9% from the 52-week high, +89.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹357.80 · low ₹184.54
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 76 | 102 | 121 | 107 | 107 | 97 | 112 | 125 |
| EBITDA | 20 | 28 | 38 | 27 | 30 | 28 | 29 | 32 |
| OPM % | 25.8% | 27.8% | 31.7% | 25.6% | 28.3% | 28.2% | 25.9% | 25.6% |
| Other income | 1 | 1 | 1 | 3 | 4 | 4 | 5 | 3 |
| Net profit | 13 | 19 | 27 | 20 | 23 | 21 | 23 | 24 |
| EPS (₹) | 1.31 | 1.90 | 2.64 | 1.96 | 2.29 | 2.03 | 2.29 | 2.34 |
| Revenue YoY | +40.5% | -4.3% | -6.9% | +17.0% | ||||
| Profit YoY | +74.6% | +7.2% | -13.4% | +19.3% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 302 | 477 | 410 | 376 | 423 | 441 |
| EBITDA | 64 | 114 | 117 | 106 | 114 | 119 |
| Net profit | 33 | 71 | 75 | 72 | 87 | 91 |
| EPS (₹) | 3.29 | 6.97 | 7.41 | 7.13 | 8.58 | 8.95 |
| Revenue growth | +57.9% | -14.1% | -8.2% | +12.5% | +8.9% | |
| Profit growth | +112.0% | +6.4% | -3.7% | +20.3% | +14.6% | |
| Dividend / share (₹) | – | 5.85 | 9.90 | 7.65 | 5.31 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -3.9% | – | +8.9% |
| Net profit | +7.2% | – | +14.6% |
| EPS | +7.2% | – | – |
| Share price | – | +47.7% (2y) | +47.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 215 | 270 | 326 | 395 |
| Borrowings | – | 24 | 0 | 0 | 0 |
| Cash & equivalents | – | 8 | 29 | 36 | 74 |
| Total assets | – | 305 | 324 | 389 | 460 |
| Fixed assets | – | 142 | 138 | 142 | 158 |
| Capital work in progress | – | 0 | 0 | 2 | 1 |
| Investments | – | 5 | 4 | 7 | 21 |
| Receivables | – | 77 | 93 | 98 | 108 |
| Inventory | – | 51 | 32 | 43 | 41 |
| Payables | – | 41 | 25 | 32 | 25 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -0 | 108 | 68 | 74 | 86 |
| Cash from investing | -33 | -54 | -24 | -58 | -67 |
| Cash from financing | -25 | -53 | -45 | -16 | -18 |
| Capex | 33 | 47 | 18 | 17 | 33 |
| Free cash flow | -33 | 61 | 50 | 57 | 54 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 32.8% | 27.8% | 22.2% | 22.0% |
| ROCE % | – | 40.6% | 37.8% | 30.1% | 29.6% |
| Debtor days | – | 59 | 83 | 95 | 93 |
| Inventory days | – | 139 | 116 | 219 | 171 |
| Payable days | – | 113 | 88 | 162 | 106 |
| Cash conversion cycle (days) | – | 85 | 111 | 152 | 158 |
| Working capital days | – | 51 | 108 | 151 | 181 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 45.00% |
| FIIs | 0.49% |
| DIIs | 2.75% |
| of which Mutual funds | 1.33% |
| Public (non-institutions) | 51.77% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 45.00% | 45.00% | 45.00% | 45.00% | 45.00% | 45.00% | 45.00% | 45.00% |
| Promoter group | % |
|---|---|
| Chetan M Tamboli | 16.40% |
| Tamboli Trading LLP | 9.70% |
| Manali C Tamboli | 7.06% |
| Rushil Industries Limited | 6.72% |
| Chetan M Tamboli HUF | 4.13% |
| Rushil Chetanbhai Tamboli | 0.49% |
| Vidhi Siddharth Merchant | 0.49% |
| Hansaben Manmohanbhai Tamboli | 0.01% |
| Public holders above 1% | % |
|---|---|
| Gautam Doshi | 3.01% |
| Meenakshi Mercantiles Ltd | 2.47% |
| Miten Mehta | 2.16% |
| Kurimoto Limited | 1.98% |
| Investor Education and Protection Fund Authority Ministry of Corporate Affairs | 1.46% |
| Bank of India Small CAP Fund | 1.33% |
| Taksh India Enterprising Fund | 1.17% |
| Bhagwandas Trikamdas Doshi | 1.04% |
18,803 shareholders. Pledged: 2.22% of promoter shares.
Peers in Castings & Forgings
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| PTCIL | ₹34,768 cr | 276.8x | 23.1x | 8.7% | 9.3% | 24.6% | – | – |
| AIAENG | ₹33,394 cr | 26.4x | 4.2x | 16.9% | 20.1% | 27.6% | -3.4% | 0.41% |
| HAPPYFORGE | ₹16,596 cr | 50.6x | 7.8x | 16.5% | 18.2% | 31.1% | – | 0.17% |
| BALUFORGE | ₹5,154 cr | 17.4x | 3.2x | 20.2% | 19.5% | 26.6% | – | 0.03% |
| STEELCAS | ₹3,372 cr | 37.2x | 8.5x | 25.2% | 30.9% | 26.9% | -3.9% | 0.52% |
| AMIC | ₹2,253 cr | 78.3x | 14.3x | 22.9% | 25.5% | 30.2% | – | – |
| INVPRECQ | ₹1,314 cr | 90.1x | 12.8x | 15.0% | 15.8% | 17.8% | +3.5% | 0.04% |
| NELCAST | ₹1,053 cr | 25.6x | 1.8x | 7.1% | 9.9% | 7.3% | +1.7% | 0.41% |
| SGIL | ₹878 cr | – | 7.9x | -8.1% | 4.2% | 9.0% | +8.1% | 0.30% |
| NEETUYOSHI | ₹840 cr | 31.3x | 6.1x | 27.5% | 22.5% | 31.1% | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-07 | Dividend | Interim Dividend - Re 0.45 Per Share |
| 2026-07-24 | Dividend | Dividend - Re 0.54 Per Share |
| 2026-02-06 | Dividend | Interim Dividend - Re 0.45 Per Share |
| 2025-11-11 | Dividend | Interim Dividend - Re 0.36 Per Share |
| 2025-08-29 | Split | Face Value Split (Sub-Division) - From Rs 5/- Per Share To Re 1/- Per Share |
| 2025-08-08 | Dividend | Interim Dividend - Rs 1.80 Per Sh |
| 2025-07-25 | Dividend | Dividend - Rs 2.70 Per Share |
| 2025-02-07 | Dividend | Interim Dividend - Rs 1.80 Per Share |
| 2024-11-22 | Dividend | Interim Dividend - Rs 1.35 Per Share |
| 2024-08-16 | Dividend | Interim Dividend - Rs 1.35 Per Share |
| 2024-07-31 | Dividend | Annual General Meeting/Dividend - Rs 3.15 Per Share |
| 2024-02-13 | Dividend | Interim Dividend - Rs 1.35 Per Share |
| 2023-11-15 | Dividend | Interim Dividend - Rs 1.35 Per Share |
| 2023-08-14 | Dividend | Interim Dividend - Rs 1.35 Per Share |
| 2023-07-26 | Dividend | Annual General Meeting/Dividend - Rs 2.70 Per Share |
| 2023-06-02 | Dividend | Special Interim Dividend - Rs 3.15 Per Share |
| 2023-02-03 | Dividend | Interim Dividend - Rs 1.80 Per Share |
| 2022-11-01 | Dividend | Interim Dividend - Rs 1.35 Per Share |
| 2022-08-18 | Dividend | Interim Dividend - Rs 0.90 Per Share |
| 2022-07-26 | Dividend | Annual General Meeting/Dividend - Rs 1.80 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Manufacturing of Steel and Alloys Castings
| Sector | Industrials |
| Industry | Castings & Forgings |
| Sub-industry | Castings & Forgings |
| Symbol | STEELCAS |
| BSE code | 513517 |
| ISIN | INE124E01038 |
| Face value | ₹1.0 |
| Incorporated | 1972-02-11 |
| Website | https://steelcast.net |
| Plants (India / abroad) | 4 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.