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On 6 Nov 2026, Electrosteel Castings was priced at ₹68.80, or 35.1× trailing earnings, against an industry P/E of 24.8×, and the shares are 28% below their 52-week high. Its ROCE of 4.9% is the lowest among the 7 largest Building Products & Equipment peers, and sales and net profit fell 6.7% and 20% a year over 3 years. Its dividend yield is 1.3%, and debt is 0.26× equity. It is a small-cap company with a market cap of ₹4,253 Cr, ranked 9th of 64 Building Products & Equipment companies by market cap; the shares fell 22% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹68.65
Day high
₹69.27
Day low
₹67.35
Prev. close
₹69.62
Volume
9 L

Health check

1 fair · 5 to check
  • ReturnsBehind

    −22.1% over a year, better than 1 of 7 peers.

  • Price tagPricier

    P/E 35.1 vs industry 24.8.

  • GrowthShrinking

    Sales −6.7%, profit −20.0% a year over 3 years.

  • ProfitabilityWeak

    ROCE 4.9% vs peer median 20.7%.

  • Balance sheetFair

    Debt 0.26× equity, interest covered 2.7×, Piotroski 5 of 9.

  • Red flags3 to check

    Return on equity is low at 2.8%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Building Products & Equipment

63 listed peers. Screen the industry

Small cap

₹4,253 Cr, #9 of 64 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹5,786 Cr · profit ₹121 Cr
Market cap
₹4,253 Cr
Small cap
P/E
35.1
Industry 24.8
Price to book
0.72
Peers 7.95
Dividend yield
1.31%
ROE
2.8%
Peers 18.7%
ROCE
4.9%
Peers 20.7%
Debt to equity
0.26
Debt ₹1,561 Cr
EPS (TTM)
₹1.96
Face value ₹1
OPM (TTM)
5.0%
Net margin 2.1%
Sales growth
−8.5%
Latest quarter vs a year ago
Profit growth
−45.7%
Latest quarter vs a year ago
Price to sales
0.74
EV/EBITDA 20.0

Strengths and risks

Strengths

  • Positive operating cash flow in each of the last 4 years.

Risks to check

  • Return on equity is low at 2.8%.
  • Quarterly profit down 45.7% on a year ago.
  • Quarterly sales down 8.5% on a year ago.

Derived automatically from reported figures. Not a recommendation.

About Electrosteel Castings

Electrosteel Castings Limited manufactures and supplies ductile iron (DI) pipes, ductile iron fittings (DIF) and accessories, and cast iron (CI) pipes in India and internationally. The company provides ductile iron pipes and fittings which are used in various applications, including raw and clear water transmission, distribution network of potable water, water supply for industrial/process plants, ash-slurry handling and disposal systems, on-shore and…

Headquarters
Kolkata
Employees
2,890
Sector
Industrials
ISIN
INE086A01029
Website
electrosteel.com

Price range

52 weeks

₹60.15₹95.90

Today

₹67.35₹69.27
Avg volume (3M)
28 L
1-year return
minus 22.1%
From 52-week high
minus 28.3%

Peers · Building Products & Equipment

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
CPPLUSAditya Infotech4,131.40minus 0.94%50,68282.288.325.9%14.5%0.1022.7%plus 215.4%
SUPREMEINDSupreme Industries3,156.90minus 4.07%40,11835.525.019.6%14.4%0.016.8%minus 15.4%
ASTRALAstral1,253.60minus 9.68%33,67859.331.117.6%15.5%0.088.4%minus 5.4%
BLUESTARCOBlue Star1,575.00plus 0.19%32,38160.633.420.7%6.6%0.2215.7%minus 18.0%
GRINDWELLGrindwell Norton1,919.10minus 0.55%21,24846.034.121.0%19.2%0.026.6%plus 16.8%
KAJARIACERKajaria Ceramics1,180.70minus 2.08%18,55431.121.021.0%19.0%0.133.3%plus 3.3%
FINPIPEFinolex Industries141.95minus 1.95%8,77714.59.512.6%17.5%0.02−2.4%minus 23.1%
ELECTCASTElectrosteel Castings68.80minus 1.18%4,25335.111.14.9%5.0%0.26−6.7%minus 22.1%
Median of 7 peers–−1.95%32,38146.031.120.7%15.5%0.086.8%−5.4%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
1,5581,3961,4721,4931,426
1,3871,3031,4381,4311,326
17092.834.161.8100
10.9%6.7%2.3%4.1%7.0%
2895.253.937.539.2
36.438.336.932.227.2
40.742.944.644.443.4
––−38.4––
121107−31.822.768.7
26.5%26.7%31.2%29.4%29.6%
89.178.3−21.91648.3
1.441.27-0.350.260.78

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−6.7%
Profit CAGR 3Y
−20.0%
EPS CAGR 3Y
−21.1%
ROE
2.8%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
7,2467,4337,2935,887
–+2.6%minus 1.9%minus 19.3%
6,4806,2076,2085,440
7661,2261,085447
10.6%16.5%14.9%7.6%
45.353.463.4106
232200144130
121125142173
−42.7−17.6−6.4−31.3
415937856219
23.9%21.0%17.1%26.2%
316740710161
–+134.3%minus 4.1%minus 77.2%
5.3112.3011.482.61

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
59.561.861.861.8
4,3235,0515,7205,862
2,6672,3352,1251,561
1,4691,6611,7881,977
8,5199,1089,6959,461
4,0524,1604,3514,381
1,3291,2381,2551,188
95.963.655.148.1
464503282838
2,5783,1443,7533,006
8,5199,1089,6959,461

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
4528034801,147
168−36.5−142−136
−604−718−454−900
16.848.6−116110
−188−244−278−130
2655592031,017
−47.6−84.4−55.6−86.5

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 5.6% (Yahoo estimate).

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you