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Steelcast

  • Market Cap: Small Cap
  • Industry: Castings/Forgings
  • ISIN: INE124E01020
  • NSEID: STEELCAS
  • BSEID: 513517
INR
855.10
67.3 (8.54%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 77.01 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

77.01 k (304.76%) Volume

Shareholding (Mar 2025)

FII

0.23%

Held by 11 FIIs

DII

0.30%

Held by 0 DIIs

Promoter

45.00%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 7.44% over the last 5 years

 
2

Flat results in Dec 24

3

With ROE of 22.4, it has a Very Expensive valuation with a 5.6 Price to Book Value

4

Despite the size of the company, domestic mutual funds hold only 0% of the company

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Castings/Forgings

stock-summary
Market cap

INR 1,731 Cr (Small Cap)

stock-summary
P/E

25.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.97%

stock-summary
Debt Equity

-0.20

stock-summary
Return on Equity

22.38%

stock-summary
Price to Book

5.56

Revenue and Profits (1 Year):
Net Sales:
102 Cr
(Quarterly Results - Dec 2024)
Net Profit:
19 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.97%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
10.76%
0.41%
11.17%
1 Year
33.71%
1.18%
34.89%
2 Years
78.24%
3.46%
81.7%
3 Years
141.52%
7.67%
149.19%
4 Years
503.88%
19.06%
522.94%
5 Years
893.15%
38.20%
931.35%

Latest dividend: 1.8 per share ex-dividend date: Feb-07-2025

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
7.44%
EBIT Growth (5y)
20.00%
EBIT to Interest (avg)
48.05
Debt to EBITDA (avg)
0.60
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.51
Tax Ratio
25.72%
Dividend Payout Ratio
19.43%
Pledged Shares
0
Institutional Holding
0.17%
ROCE (avg)
27.45%
ROE (avg)
20.47%
Valuation key factors
Factor
Value
P/E Ratio
25
Industry P/E
28
Price to Book Value
5.56
EV to EBIT
18.56
EV to EBITDA
15.91
EV to Capital Employed
6.69
EV to Sales
4.35
PEG Ratio
NA
Dividend Yield
0.97%
ROCE (Latest)
35.09%
ROE (Latest)
22.38%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 11 FIIs (0.23%)

Promoter with highest holding

Chetan M Tamboli (16.4%)

Highest Public shareholder

Gautam Doshi (3.01%)

Individual Investors Holdings

33.16%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 12.73% vs -24.57% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 10.28% vs -9.65% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "101.81",
          "val2": "90.31",
          "chgp": "12.73%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "28.33",
          "val2": "27.34",
          "chgp": "3.62%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.24",
          "val2": "0.08",
          "chgp": "200.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "19.21",
          "val2": "17.42",
          "chgp": "10.28%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "27.83%",
          "val2": "30.27%",
          "chgp": "-2.44%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -30.55% vs -6.63% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -32.54% vs 22.62% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "153.56",
          "val2": "221.10",
          "chgp": "-30.55%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "39.49",
          "val2": "61.02",
          "chgp": "-35.28%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.14",
          "val2": "0.73",
          "chgp": "-80.82%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "26.22",
          "val2": "38.87",
          "chgp": "-32.54%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "25.72%",
          "val2": "27.60%",
          "chgp": "-1.88%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -18.00% vs -12.65% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -19.29% vs 10.42% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "255.37",
          "val2": "311.41",
          "chgp": "-18.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "67.82",
          "val2": "88.36",
          "chgp": "-23.25%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.38",
          "val2": "0.81",
          "chgp": "-53.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "45.43",
          "val2": "56.29",
          "chgp": "-19.29%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "26.56%",
          "val2": "28.37%",
          "chgp": "-1.81%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -14.06% vs 57.87% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 6.35% vs 111.96% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "409.81",
          "val2": "476.83",
          "chgp": "-14.06%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "117.18",
          "val2": "113.97",
          "chgp": "2.82%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.03",
          "val2": "2.41",
          "chgp": "-57.26%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "75.00",
          "val2": "70.52",
          "chgp": "6.35%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "28.59%",
          "val2": "23.90%",
          "chgp": "4.69%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
101.81
90.31
12.73%
Operating Profit (PBDIT) excl Other Income
28.33
27.34
3.62%
Interest
0.24
0.08
200.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
19.21
17.42
10.28%
Operating Profit Margin (Excl OI)
27.83%
30.27%
-2.44%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 12.73% vs -24.57% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is 10.28% vs -9.65% in Dec 2023

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
153.56
221.10
-30.55%
Operating Profit (PBDIT) excl Other Income
39.49
61.02
-35.28%
Interest
0.14
0.73
-80.82%
Exceptional Items
0.00
0.00
Standalone Net Profit
26.22
38.87
-32.54%
Operating Profit Margin (Excl OI)
25.72%
27.60%
-1.88%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -30.55% vs -6.63% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -32.54% vs 22.62% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
255.37
311.41
-18.00%
Operating Profit (PBDIT) excl Other Income
67.82
88.36
-23.25%
Interest
0.38
0.81
-53.09%
Exceptional Items
0.00
0.00
Standalone Net Profit
45.43
56.29
-19.29%
Operating Profit Margin (Excl OI)
26.56%
28.37%
-1.81%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -18.00% vs -12.65% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is -19.29% vs 10.42% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
409.81
476.83
-14.06%
Operating Profit (PBDIT) excl Other Income
117.18
113.97
2.82%
Interest
1.03
2.41
-57.26%
Exceptional Items
0.00
0.00
Standalone Net Profit
75.00
70.52
6.35%
Operating Profit Margin (Excl OI)
28.59%
23.90%
4.69%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -14.06% vs 57.87% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 6.35% vs 111.96% in Mar 2023

stock-summaryCompany CV
About Steelcast Ltd stock-summary
stock-summary
Steelcast Ltd
Small Cap
Castings/Forgings
Steelcast Limited was formerly incorporated as 'Steelcast Bhavnagar Private Limited' on February 11, 1972 by the Late F P Tamboli of Jamnagar, Gujarat, which renamed to 'Steelcast Limited' in December, 1988. The Company engaged in Castings Manufacturing business. It manufactures high-quality castings (inst. cap.: 4500 tpa) Its wide range of products includes austenitic manganese steel, carbon steel, low/high alloy steel and high chromium ferrous alloys.
Company Coordinates stock-summary
Company Details
Ruvapari Road , Bhavnagar Gujarat : 364005
stock-summary
Tel: 91-278-2519062
stock-summary
info@steelcast.net
Registrar Details
MCS Ltd , 101 Shatdal Complex , 1st Floor, Opp. Bata Show Room, Ashram Road, Ahmedabad