Steelcast
- Market cap
- ₹ 3,298 Cr.
- P/E
- 36.3x
- P/B
- 8.66x
- 52-week range
- 176.02 – 390.9
- ROE
- 24%
- ROCE
- 32%
- Dividend yield
- 0.5%
- Debt / equity
- 0
- Sector
- Industrial Products
- Industry
- Castings & Forgings
- Listed on
- NSE, BSE
About
Steelcast Limited is an India-based company engaged manufacturer of steel and alloy steel castings. The Company is engaged in the casting manufacturing business. It is engaged in catering to a host of Original Equipment Manufacturers (OEMs) for industry sectors, such as Earth moving, Mining and Mineral Processing, Railway, Steel Plants, Cement, Energy, Valves and Pumps, Electro Locomotive, Aerobridge, Oil Exploration, Shipping, and General Engineering. Its products include Adapter and Tooth point, Front Axle Spindle, Components for Backhoe Loader, Steering Case, Coupler Body, Box Type Tooth Points, Drag Chain Links, Track Shoe Assembly, Cooler Grate Plates, Grinding Roller, Pressure Plate, Cylinder Head, Commercial Chamber, Oil Field Equipment-Body Casing, Anchor and Shank Assembly, Segment Feeder, Car Shredding Hammer, Plastic Injection Mold Plate, and Valves, among others. Its manufacturing facility comprises three production plants and one machine shop in Bhavnagar, Gujarat.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Castings & Forgings: 30 companies →Steelcast against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)36.3 against a typical 24.8: pricier than most peers (1st = cheapest).21st of 30
- Sales growth+16.8% against a typical +8% from a year earlier.10th of 23
- Profit growth+20% against a typical +4.9% from a year earlier.8th of 22
- Share price, 3 months+14.6% against a typical −0.8%.7th of 28
- Size₹ 3,298.5 Cr. market value against a typical ₹ 208.1 Cr. (1st = largest).5th of 30
Latest announcements
Exchange filings and their impact on the company.
- IRIS certification opens European rail market for Steelcast, supporting modest growth over the next year.
Steelcast said TUV India informed it on 6 Oct 2026 that it has achieved IRIS Certification for manufacture of ferrous and non-ferrous casting components for rolling stock, valid from 14 April 2026 to 27 Feb 2029. The company said it is the first iron and steel organisation in Gujarat to get the certification. With this, Steelcast says it can now enter the European rail-road industry market, which creates a new growth avenue though no orders were announced yet.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A- by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE A- / CARE A2+ | Stable | 5 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 5 Aug 2026 | Reaffirmed | CARE A- / CARE A2+ | — | CARE | ₹ 100.9 Cr. | |
| 8 Aug 2025 | Reaffirmed | CARE A- / CARE A2+ | — | CARE | ₹ 100.9 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 29 Jul 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended Jun 30, 2026 and dividend |
| 30 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 30 Jan 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended December 31, 2025 and dividend |
| 31 Oct 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended September 30, 2025 and dividend |
| 31 Jul 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended Jun 30, 2025 and dividend |
| 28 May 2025 | Stock Split | To consider stock split of equity shares |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 102 | 90 | 98 | 77 | 75 | 102 | 120 | 107 | 107 | 97 | 112 | 125 |
| Expenses | 73 | 63 | 70 | 58 | 56 | 73 | 83 | 79 | 76 | 70 | 83 | 93 |
| Operating Profit | 29 | 27 | 29 | 20 | 19 | 28 | 38 | 27 | 30 | 28 | 29 | 32 |
| OPM % | 28% | 30% | 29% | 25% | 25% | 28% | 31% | 26% | 28% | 28% | 26% | 26% |
| Other Income | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 3 | 4 | 4 | 5 | 3 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Profit before tax | 25 | 23 | 25 | 18 | 18 | 26 | 36 | 27 | 31 | 28 | 31 | 32 |
| Tax % | 25% | 26% | 26% | 26% | 26% | 26% | 26% | 25% | 25% | 26% | 25% | 25% |
| Net Profit | 19 | 17 | 19 | 13 | 13 | 19 | 27 | 20 | 23 | 21 | 23 | 24 |
| EPS in Rs | 1.84 | 1.72 | 1.85 | 1.28 | 1.31 | 1.9 | 2.65 | 1.96 | 2.29 | 2.03 | 2.29 | 2.34 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 12%
- 5 Years
- 22%
- 3 Years
- −4%
- TTM
- 9%
- 10 Years
- 92%
- 5 Years
- 49%
- 3 Years
- 7%
- TTM
- 15%
- 10 Years
- 39%
- 5 Years
- 51%
- 3 Years
- 43%
- TTM
- —
- 10 Years
- 23%
- 5 Years
- 27%
- 3 Years
- 26%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Steelcast | ₹ 347.00 | ₹ 3,298 Cr. | 36.3x | 8.7x | 24% | — |
| JSW Steel | ₹ 1,187.00 | ₹ 2,90,275 Cr. | 41.6x | 3x | — | 14.8% |
| Lloyds Metals And Energy | ₹ 1,780.40 | ₹ 1,00,195 Cr. | 27.8x | 7.6x | 36.2% | 22.4% |
| Jindal Steel | ₹ 1,012.00 | ₹ 1,04,634 Cr. | 25.9x | 2.1x | 6.9% | 6.3% |
| Jindal Stainless | ₹ 684.00 | ₹ 56,394 Cr. | 18.8x | 3.1x | 17.5% | 7.4% |
| Welspun Corp | ₹ 2,402.00 | ₹ 63,363 Cr. | 25.9x | 4.6x | 19.4% | 9.7% |
Management
- Chetankumar Manmohanbhai Tamboli
- Executive Chairman of the Board, Managing Director
- Subhash R. Sharma
- Chief Financial Officer, Executive Director
- Ashutosh H. Shukla
- Chief Operating Officer, Executive Director
- Rushil Chetanbhai Tamboli
- Whole Time Director
- Kumar Tipirneni
- Permanent Invitee to the Board
- UmeshKumar V. Bhatt
- Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.