Earthstahl & Alloys (BSE: EARTH) is loss-making over the last 12 months, losing ₹4.90 Cr, so a P/E ratio does not apply. Its share price on 4 Nov 2026 was ₹14.00, 48% below its 52-week high. Sales fell 12% a year over 3 years. Debt is 0.46× equity. It is listed on an SME platform with a market cap of ₹17 Cr, ranked 69th of 71 Metal Fabrication companies by market cap; the shares fell 43% over the past year.
- ₹14.50
- ₹14.50
- ₹14.00
- ₹14.00
- 6K
Health check
- ReturnsBehind
−42.9% over a year, better than 0 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- GrowthShrinking
Sales −12.5% a year over 3 years.
- ProfitabilityNegative
ROCE -12.1% vs peer median 15.6%.
- Balance sheetStretched
Debt 0.46× equity, operating profit doesn’t cover interest, Piotroski 4 of 9.
- Red flags5 to check
Loss-making over the last twelve months.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹17 Cr
- Small cap
- P/E
- n/a
- Industry 25.1
- Price to book
- 0.53
- Peers 7.00
- Dividend yield
- 0.00%
- ROE
- −14.0%
- Peers 8.6%
- ROCE
- −12.1%
- Peers 15.6%
- Debt to equity
- 0.46
- Debt ₹15 Cr
- EPS (TTM)
- −₹4.00
- OPM (TTM)
- −7.0%
- Net margin −8.0%
- Sales growth
- −22.3%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.28
- EV/EBITDA −12.0
Strengths and risks
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −14.0%.
- Quarterly sales down 22.3% on a year ago.
- 48% below its 52-week high.
- Interest coverage of only −1.7×.
About Earthstahl & Alloys
Earthstahl & Alloys Limited produces and sells cast iron lumps, ductile iron, cast iron, steels, alloys, and non-ferrous castings in India. The company operates in two segments, Submerged Arc Furnace and Foundry. The company offers grate bars, crusher hammers, foundry grade cast iron, sockets, tees, bends, spigots, tapers, grate bar castings, investment castings, pump cover castings, pump cover LFC molds, sinter bars, tractor castings, railway parts,…
- Headquarters
- Raipur
- Employees
- 112
- Sector
- Industrials
- ISIN
- INE0O4V01010
- Website
- earthstahl.com
Price range
- Avg volume (3M)
- 1.6K
- 1-year return
- minus 42.9%
- From 52-week high
- minus 48.1%
Peers · Metal Fabrication
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BHARATFORGBharat Forge | 1,740.00 | minus 0.74% | 85,029 | 121.8 | 7.23 | 15.6% | 6.7% | 14.7% | 9.7% | 26.9% | 0.49% | plus 32.3% |
| INDOMIMINDO-MIM | 1,219.50 | minus 3.93% | 60,302 | 101.1 | 20.94 | 22.8% | 21.3% | 28.6% | 15.8% | 4.9% | 0.00% | plus 64.4% |
| PTCILPTC Industries | 24,335.00 | plus 0.04% | 38,564 | 290.6 | 23.73 | 7.9% | 8.6% | 24.6% | 40.7% | 57.8% | 0.00% | plus 41.4% |
| ZETWERKZetwerk Manufacturing Businesses | 164.89 | minus 1.10% | 27,937 | – | −2.47 | −13.0% | −36.0% | 0.1% | 56.9% | – | 0.00% | plus 19.3% |
| HAPPYFORGEHappy Forgings | 1,694.50 | minus 10.00% | 15,996 | 49.0 | 7.00 | 18.9% | 15.2% | 30.6% | 9.8% | 13.1% | 0.24% | plus 85.8% |
| RKFORGERamkrishna Forgings | 693.85 | minus 4.25% | 13,087 | 68.4 | 3.51 | 4.7% | 5.6% | 17.1% | 10.5% | −33.9% | 0.58% | plus 35.6% |
| GRAVITAGravita India | 1,493.90 | minus 0.07% | 10,883 | 27.3 | 4.11 | 18.1% | 16.2% | 9.3% | 14.9% | 23.5% | 0.52% | minus 15.4% |
| EARTHEarthstahl & Alloys | 14.00 | 0.00% | 17 | – | 0.53 | −12.1% | −14.0% | −7.0% | −12.5% | – | 0.00% | minus 42.9% |
| Median of 7 peers | – | −1.10% | 27,937 | 84.7 | 7.00 | 15.6% | 8.6% | 17.1% | 14.9% | 18.3% | 0.24% | 35.6% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- −12.5%
- ROE
- −14.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 91.8 | 87.9 | 72.3 | 61.6 | |
| – | minus 4.2% | minus 17.8% | minus 14.8% | |
| 79.1 | 82.7 | 68.3 | 64.2 | |
| 12.7 | 5.2 | 4 | −2.6 | |
| 13.8% | 5.9% | 5.5% | −4.2% | |
| 0.3 | 1 | 0.5 | 0.7 | |
| 1 | 0.9 | 1.1 | 1.5 | |
| 2.1 | 2.2 | 2.6 | 3.1 | |
| −0.3 | −0 | −0 | −0 | |
| 9.6 | 3.1 | 0.8 | −6.6 | |
| 22.0% | 39.2% | 29.0% | 25.4% | |
| 7.5 | 1.9 | 0.5 | −4.9 | |
| – | minus 74.8% | minus 71.8% | minus 1017.8% | |
| 7.94 | 1.55 | 0.44 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 12.2 | 12.2 | 12.2 | 12.2 | |
| 23.4 | 24.7 | 25.2 | 20.3 | |
| 12.7 | 13 | 18.3 | 14.9 | |
| 9.3 | 10.5 | 11.9 | 9.8 | |
| 57.7 | 60.3 | 67.6 | 57.3 | |
| 29.5 | 39.7 | 41.6 | 38.3 | |
| 5.3 | 16.8 | 0.2 | 0.1 | |
| 0 | 0 | 0 | 0 | |
| 7.1 | 1 | 0.1 | 0.1 | |
| 15.8 | 2.8 | 25.8 | 18.9 | |
| 57.7 | 60.3 | 67.6 | 57.3 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.8 | 7.8 | −1.3 | 4.5 | |
| −12.3 | −12.6 | −3.9 | 0.5 | |
| 10.6 | −1.3 | 4.2 | −4.9 | |
| 9.1 | −6.1 | −1 | 0 | |
| −6.7 | −11.3 | −9.1 | −0.1 | |
| 4.1 | −3.5 | −10.4 | 4.4 | |
| – | −0.6 | – | – |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.