On 6 Nov 2026, Steelcast was priced at ₹361.10, or 40.3× trailing earnings, against an industry P/E of 19.9×. It earns ROCE of 29% and ROE of 24%, and sales fell 3.5% a year over 3 years while net profit grew 7.2%. Its dividend yield is 0.5%. It is a small-cap company with a market cap of ₹3,654 Cr, ranked 34th of 150 Steel companies by market cap; the shares rose 71% over the past year.
- ₹367.55
- ₹367.55
- ₹348.30
- ₹367.55
- 90.6K
Health check
- ReturnsAhead
+71.2% over a year, better than 7 of 7 peers.
- Price tagPricier
P/E 40.3 vs industry 19.9.
- GrowthSlow
Sales −3.5%, profit +7.2% a year over 3 years.
- ProfitabilityStrong
ROCE 28.6% vs peer median 18.7%.
- Balance sheetn/a
Balance sheet figures aren’t reported.
- Red flags1 to check
P/E of 40.3 against an industry P/E of 19.9.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹3,654 Cr
- Small cap
- P/E
- 40.3
- Industry 19.9
- Price to book
- 9.25
- Peers 2.28
- Dividend yield
- 0.50%
- ROE
- 24.1%
- Peers 23.4%
- ROCE
- 28.6%
- Peers 18.7%
- Debt to equity
- n/a
- Debt ₹0.00 Cr
- EPS (TTM)
- ₹8.95
- Face value ₹1
- OPM (TTM)
- 26.9%
- Net margin 20.5%
- Sales growth
- +17.0%
- Latest quarter vs a year ago
- Profit growth
- +19.3%
- Latest quarter vs a year ago
- Price to sales
- 8.28
- EV/EBITDA 29.9
Strengths and risks
Strengths
- Return on equity of 24.1%.
- Return on capital employed of 28.6%.
- Quarterly sales up 17.0% on a year ago.
- Net margin of 20.5%.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- P/E of 40.3 against an industry P/E of 19.9.
About Steelcast
Steelcast Limited manufactures and sells steel and alloy castings in India. The company offers adapter and tooth point, front axle spindle, axle housing, component for backhoe loader, track shoe, cross member, tilt lever, spindle, sprocket, steering case, lift arm, drive tube, saddle, and support; apron pan assembly, cutting edge, idler, rack and pinion, fork type corner tooth, box type tooth point, tooth point and adapter, countinuos drag chain, deck…
- Headquarters
- Bhavnagar
- Employees
- 503
- Sector
- Basic Materials
- ISIN
- INE124E01038
- Website
- steelcast.net
Price range
- Avg volume (3M)
- 1.5 L
- 1-year return
- plus 71.2%
- From 52-week high
- minus 7.6%
Peers · Steel
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| JSWSTEELJSW Steel | 1,357.10 | plus 0.11% | 3,31,265 | 11.7 | 12.2 | 18.7% | 17.7% | 0.62 | 3.6% | plus 14.7% |
| TATASTEELTata Steel | 186.30 | plus 2.36% | 2,32,397 | 21.1 | 9.1 | 11.3% | 15.2% | 0.89 | −1.6% | plus 1.5% |
| JINDALSTELJindal Steel | 1,165.00 | plus 1.31% | 1,18,594 | 41.5 | 14.9 | 7.5% | 15.9% | 0.42 | −13.1% | plus 6.4% |
| LLOYDSMELloyds Metals And Energy | 1,785.50 | minus 1.38% | 1,00,482 | 19.1 | 18.8 | 19.4% | 37.4% | 1.23 | 71.3% | plus 37.4% |
| SAILSteel Authority of India | 171.60 | minus 0.41% | 70,880 | 12.6 | 8.1 | 7.2% | 12.9% | 0.50 | 2.0% | plus 24.7% |
| NMDCNMDC | 70.40 | minus 0.01% | 61,894 | 8.3 | 6.2 | 28.4% | 30.0% | 0.19 | 22.0% | minus 5.2% |
| APLAPOLLOAPL Apollo Tubes | 2,185.30 | minus 0.41% | 60,677 | 46.3 | 32.7 | 28.0% | 8.2% | 0.17 | 12.6% | plus 23.3% |
| STEELCASSteelcast | 361.10 | minus 1.75% | 3,654 | 40.3 | 31.6 | – | 26.9% | – | −3.5% | plus 71.2% |
| Median of 7 peers | – | −0.01% | 1,00,482 | 19.1 | 12.2 | 18.7% | 15.9% | 0.50 | 3.6% | 14.7% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 107 | 107 | 97.4 | 112 | 125 | |
| 79.4 | 76.4 | 69.9 | 83.3 | 92.8 | |
| 27.3 | 30.2 | 27.5 | 29.2 | 32 | |
| 25.6% | 28.3% | 28.2% | 25.9% | 25.6% | |
| 2.7 | 4 | 3.7 | 5.1 | 3.2 | |
| 0.2 | 0 | 0 | 0 | 0.2 | |
| 3.2 | 3.2 | 3.3 | 3.2 | 3.3 | |
| 26.7 | 30.9 | 27.9 | 31 | 31.8 | |
| 25.4% | 25.0% | 26.2% | 25.2% | 25.4% | |
| 19.9 | 23.2 | 20.6 | 23.2 | 23.7 | |
| 1.96 | 2.29 | 2.03 | 2.29 | 2.34 |
Profit & loss
- Sales CAGR 3Y
- −3.5%
- Profit CAGR 3Y
- +7.2%
- EPS CAGR 3Y
- +7.2%
- ROE
- 24.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 464 | 401 | 369 | 417 | |
| – | minus 13.7% | minus 8.0% | +13.2% | |
| 357 | 287 | 263 | 303 | |
| 107 | 114 | 106 | 115 | |
| 23.1% | 28.5% | 28.7% | 27.5% | |
| 7.6 | 4.5 | 5.5 | 14.2 | |
| 3.1 | 1 | 0.7 | 0.3 | |
| 18.1 | 17.9 | 12.5 | 12.9 | |
| 0.8 | 1.2 | −0.7 | 0.8 | |
| 94.5 | 101 | 97.3 | 116 | |
| 25.4% | 25.7% | 25.8% | 25.4% | |
| 70.5 | 75 | 72.2 | 86.9 | |
| – | +6.3% | minus 3.7% | +20.3% | |
| 34.84 | 37.06 | 7.13 | 8.58 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.1 | 10.1 | 10.1 | 10.1 | |
| 205 | 259 | 316 | 385 | |
| 23.6 | 0.1 | 0 | – | |
| 66.2 | 53.9 | 63.4 | 65.2 | |
| 305 | 324 | 389 | 460 | |
| 152 | 148 | 155 | 173 | |
| 10.2 | 10.2 | 13.5 | 15.1 | |
| 4.5 | 4.5 | 25.7 | 26.1 | |
| 5.3 | 17 | 55.6 | 97.8 | |
| 133 | 144 | 139 | 148 | |
| 305 | 324 | 389 | 460 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 107 | 81.9 | 75.4 | 86.4 | |
| −53.2 | −37.5 | −59.2 | −67.5 | |
| −54 | −44.6 | −16.2 | −17.6 | |
| 0.1 | −0.2 | 0 | 1.3 | |
| −56.2 | −17.8 | −18.5 | −32.5 | |
| 51.1 | 64.1 | 56.9 | 53.9 | |
| −11.8 | −20 | −15.5 | −17.3 |
Shareholding pattern
- Promoters45.00%
- Public55.00%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 45.00% | 55.00% | 0.00 | |
| 30 Jun 2026 | 45.00% | 55.00% | 0.00 | |
| 31 Mar 2026 | 45.00% | 55.00% | 0.00 | |
| 31 Dec 2025 | 45.00% | 55.00% | 0.00 | |
| 30 Sep 2025 | 45.00% | 55.00% | – |
Major shareholders
Filings & events
News
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