NRI

Electrosteel Castings Ltd

Sector Castings, Forgings & Fastners
BSE 500128
NSE ELECTCAST
119.93
-3.26 (-2.65 %)
Buy
B
Sell
S
NSE BSE

Overview

Day Low

119.12

Day High

123.69

52 Week Low

113.01

52 Week High

236.60

All Time Low

8.00

All Time High

236.60

Open

122.00

Close

123.19

Volume

876,585

Mkt cap (Cr)

7,413.89

P/E ratio

9.65

P/B ratio

0.73%

Div yield

1.17%

6M return

-38.72%

1Y return

-38.13%

1D 1W 1M 3M 6M 1Yr 3Yr 5Yr 10Yr Max
Price PE Ratio
 

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SWOT Analysis

  • S
  • W
  • O
  • T

Technical Analysis

Moving Averages

EMA SMA
 

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119.93 -2.65%

Current Price

  • Bullish Moving Averages
  • Bearish Moving Averages

Resistance and support

 

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Company Financials

  • Profit and loss statement
  • Balance sheet
  • Quarterly Result
  • Ratio
 

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Quick Results Snapshot

 

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Shareholding Pattern

Summary

 

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Historical Promoter Summary

 

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Promoter Holding(%)

Historical FII Holdings

 

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FII Holding(%)

Historical MF Holdings

 

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MF Holding(%)

Stocks Comparison
Table Chart

 

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Corporate Action

  • Announcement
  • Board Meeting
  • Dividend
  • Split
  • Rights
  • Events

Insider & Institutional Activity

  • Bulk Block Deals
  • Insider Trading & SAST
 

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About Electrosteel Castings Ltd

Stock PE (TTM)

9.65

Promoter Holding

46.21%

Book Value

87.9561

ROCE

15.5%

ROE

15.59%

Electrosteel Castings Limited is engaged in the business of manufacturing Ductile Iron (DI) Pipes, Ductile Iron Fittings (DIF) and Cast Iron (CI) Pipes. The Company is a water infrastructure company providing techno-economic solutions for water supply and sewerage systems. They also undertake turnkey solutions for water transportation and sewerage management, which include manufacturing DI Pipes, supplying and laying various types of pipes, operating the system and transferring to the owners. The company is headquartered at Kolkata and having their manufacturing facilities at Elavur in Tamil Nadu, Khardah and Haldia in West Bengal. Electrosteel Castings Limited was incorporated on November 26, 1955. In 1959, the Company commissioned their first cast iron pipe factory at Khardah in West Bengal. They acquired another cast iron pipe manufacturing unit at Elavur in Tamil Nadu in 1982. In the year 1994, the company set up a 60000 tpa DI spun pipe plant at Khardah, the first ever in India and in the year 1996, they commissioned their own mini-blast furnace. During the year 1998-99, the company expanded the production capacity of DI Pipes by 30000 tpa to 90000 tpa and Cast Iron Spun Pipes by 25000 tpa to 75000 tpa. During the year 1999-2000, they further increased the production capacity of DI Pipes by 30000 tpa to 120000 tpa. During the year 2000-01, the company increased the production capacity of DI Pipes by 30000 tpa to 150000 tpa and Mini Blast Furnace by 91000 to 200000 tpa. They further increased the production capacity of DI Pipes by 50000 in the year 2003 and 2006. Thus, the total production capacity increased to 250000 tpa. In December 24, 2001, the company entered the European market by incorporating a subsidiary, Electrosteel Europe SA in France. In March 2002, they entered into a strategic alliance with the promoters of Lance Group by which the company became involved in the management of Lance Industries Ltd and Lanco Kalahasthi Casting Ltd. Calcutta Steel Company Ltd was amalgamated with the company with effect from May 23, 2002. In February 2005, the company commissioned their 12 MW Power Plant at Haldia, which generates power using waste gas of Coke Oven Plant and Sponge Iron Plant. During the year 2006-07, they commissioned Pulverized Coal Injection System in Blast Furnace and Stamp Charging System in Coke Oven Plant at Khardah. During the year 2007-08, the company signed the mining lease agreement with the Government of Jharkhand for Coking Coal mine in Jharia Coalfield. They installed a Sinter Plant and a 33 KV sub-station. Engineering Exports Promotion Council, Eastern Region presented the Export Excellence Award to the company for the outstanding contribution in exports made during 2005-06. Also, Kolkata Port Trust awarded the certificate of Excellence in recognition of the tendering highest number of containers for the year 2006-07. The company plans to install a 12 MW power plant at Haldia, which will produce power from water from waste heat gas from coke oven batteries. They plan to construct a railway siding at Haldia to create facility for smooth movement of materials form the forthcoming coal mine at Parbatpur, Jharkhand and iron ore mine at Kodalibad, Jharkhand. They are also acquiring two wagon rakes under the Indian Railway`s Wagon Investment Scheme (WIS) to part solve the logistics problem. The Company commissioned railway siding at Barajamda in April 2012. M/s. Electrosteel Bahrain Holding S.P.C. Company, Bahrain was incorporated as Subsidiary of the Company and M/s. Singardo International Pte. Ltd. Singapore ceased to be the Subsidiary during the year 2014-15. During the year 2018-19, Electrosteel Steels Limited ceased to be an Associate Company of the Company, with effect from 6 June 2018. In 2019-20, the wholly owned subsidiary company, Mahadev Vyapaar Pvt Ltd got amalgamated with the Company through the Scheme of Amalgamation and resulting this, Mahadev Vyapaar Pvt Ltd ceased to be a subsidiary of the Company. Electrosteel Thermal Power Limited ceased to be an Associate Company of the Company, with effect from 1 August, 2019. Similarly, Srikalahasthi Pipes Limited (SPL) amalgamated with the Company on October 01, 2020 and ceased to be subsidiary Company effective from 31 December, 2021. The Company commissioned Ferro Alloy Manufacturing Plant at Haldia in July 2019-20. During the year 2021-22, in addition to existing 12 MW Captive Power Plant, 7.5 MW capacity Captive Power Plant commissioned, at Srikalahasthi Unit, which is operated using the generation of steam from the waste gases of Coke Oven Plant. Ferro Alloys Manufacturing facility was commissioned at Srikalahasthi in 2022.

Electrosteel Castings share price as on 08 Feb 2025 is Rs. 119.93. Over the past 6 months, the Electrosteel Castings share price has decreased by 38.72% and in the last one year, it has decreased by 38.13%. The 52-week low for Electrosteel Castings share price was Rs. 113.01 and 52-week high was Rs. 236.6.

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Registered Office  
Registrars  
Management  
Listing Info  

500128

ELECTCAST

INE086A01029

Sep

Electrosteel Castings Ltd FAQs

You can buy Electrosteel Castings Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Electrosteel Castings Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Feb 07, 2025 03:58 PM the closing price of Electrosteel Castings Ltd was Rs.119.93.

The latest PE ratio of Electrosteel Castings Ltd as of Feb 07, 2025 03:58 PM is 9.65

The latest PB ratio of Electrosteel Castings Ltd as of Feb 07, 2025 03:58 PM is 0.73

The 52-week high of Electrosteel Castings Ltd share price is Rs. 236.60 while the 52-week low is Rs. 113.01

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Feb 07, 2025 03:58 PM, the market cap of Electrosteel Castings Ltd stood at Rs. 7,413.89 Cr.

Market Outlook

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