As of 5 Nov 2026, Welcast Steels is loss-making on a trailing 12-month basis, with a net loss of ₹5.73 Cr, so it has no P/E ratio. The share price is ₹570.10, 42% below its 52-week high. Sales fell 21% a year over 3 years. It is a small-cap company with a market cap of ₹36 Cr; the shares fell 40% over the past year.
- ₹622.00
- ₹622.00
- ₹570.05
- ₹570.10
- 49
Health check
- ReturnsWeak
−40.0% over the past year.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- GrowthShrinking
Sales −21.2% a year over 3 years.
- ProfitabilityNegative
ROCE -14.0%.
- Balance sheetn/a
Balance sheet figures aren’t reported.
- Red flags5 to check
Loss-making over the last twelve months.
Key metrics
- Market cap
- ₹36 Cr
- Small cap
- P/E
- n/a
- Forward 17.0
- Price to book
- 1.06
- Book value ₹539.35
- Dividend yield
- 0.00%
- ROE
- −14.3%
- Return on equity
- ROCE
- −14.0%
- Return on capital employed
- Debt to equity
- n/a
- Debt ₹0.00 Cr
- EPS (TTM)
- −₹89.74
- OPM (TTM)
- −96.9%
- Net margin −20.9%
- Sales growth
- −94.7%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 1.33
- EV/EBITDA −3.5
Strengths and risks
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −14.3%.
- Quarterly sales down 94.7% on a year ago.
- 42% below its 52-week high.
- Interest coverage of only −39.7×.
About Welcast Steels
Welcast Steels Limited manufactures and sells high chrome grinding media balls in India and internationally. The company's products are used for grinding process in the cement, mining, and thermal power industries. It also exports its products. The company was incorporated in 1972 and is based in Ahmedabad, India. Welcast Steels Limited operates as a subsidiary of AIA Engineering Limited.
- Headquarters
- Ahmedabad
- Employees
- 8
- Sector
- Basic Materials
- ISIN
- INE380G01015
- Website
- welcaststeels.com
Price range
- Avg volume (3M)
- 378
- 1-year return
- minus 40.0%
- From 52-week high
- minus 41.6%
Peers
We couldn’t find listed peers for this company.
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 22.8 | 20.5 | 2.6 | – | – | |
| 23.4 | 21 | 5.6 | – | – | |
| −0.6 | −0.6 | −3.1 | 1.4 | −1.1 | |
| −2.8% | −2.8% | −119.3% | – | – | |
| 0.4 | 0.4 | 0.4 | 0.8 | 0.5 | |
| 0 | 0 | 0.1 | 0 | 0 | |
| 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | |
| – | −3 | −0.3 | – | – | |
| −0.4 | −3.4 | −3.2 | 2.1 | −0.7 | |
| 25.2% | 5.0% | – | 33.3% | – | |
| −0.3 | −3.2 | −3.2 | 1.4 | −0.7 | |
| -4.61 | -50.64 | -49.47 | 21.64 | -11.27 |
Profit & loss
- Sales CAGR 3Y
- −21.2%
- ROE
- −14.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 93.6 | 90.9 | 84.3 | 45.8 | |
| – | minus 2.9% | minus 7.2% | minus 45.7% | |
| 89 | 84.1 | 85.4 | 48.7 | |
| 4.6 | 6.8 | −1.1 | −2.9 | |
| 4.9% | 7.5% | −1.2% | −6.2% | |
| 0.3 | 1.1 | 0.3 | 0.6 | |
| 1.6 | 0.1 | 0.1 | 0.1 | |
| 0.9 | 0.7 | 0.8 | 0.6 | |
| 0 | – | 1.2 | −1.9 | |
| 2.4 | 7 | −0.4 | −4.9 | |
| −10.2% | 25.1% | 4.6% | −8.8% | |
| 2.6 | 5.2 | −0.3 | −5.3 | |
| – | +98.8% | minus 106.4% | – | |
| 41.37 | 82.24 | -5.29 | -83.09 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.6 | 0.6 | 0.6 | 0.6 | |
| 34.7 | 39.7 | 39.1 | 33.8 | |
| 10.9 | 9.5 | 8 | 1.2 | |
| 46.2 | 49.8 | 47.7 | 35.6 | |
| 4.7 | 4.2 | 3.9 | 3.3 | |
| 0.1 | – | – | – | |
| 2.3 | 2.6 | 2.7 | 0.2 | |
| 18.1 | 22.4 | 19.8 | 24.6 | |
| 21 | 20.6 | 21.3 | 7.6 | |
| 46.2 | 49.8 | 47.7 | 35.6 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 17.2 | 3.8 | −3.7 | 2.8 | |
| −14.6 | −1.1 | 2.8 | −4.5 | |
| −4.5 | −0.2 | −0.2 | −0 | |
| −1.9 | 2.5 | −1.1 | −1.7 | |
| −0.1 | −0.3 | −0.5 | −0 | |
| 17.1 | 3.5 | −4.3 | 2.8 | |
| – | −0.2 | −0.2 | −0 |
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.