Analysts have raised their price target for Electrosteel Castings from ₹81 to ₹81.0, citing improved revenue growth expectations and higher projected profit margins as key drivers for this adjustment.
What's in the News
- Board meeting scheduled for November 10, 2025, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (Key Developments)
- The agenda for the board meeting includes discussion on renaming the "Corporate Social Responsibility Committee" to "Corporate Social Responsibility and Sustainability Committee" with immediate effect (Key Developments)
- Special/Extraordinary Shareholders Meeting to be held on November 16, 2025, through Postal Ballot India, to consider the appointment of Mr. Bikramjit Ghosh as an Independent Director (Key Developments)
Valuation Changes
- Consensus Analyst Price Target has remained steady at ₹81.0, indicating no movement in estimated fair value.
- Discount Rate has decreased slightly from 16.26% to 16.24%, reflecting a marginal reduction in perceived investment risk.
- Revenue Growth forecast has shifted from -3.06% to 5.67%. This shows a meaningful turnaround from contraction to expected expansion.
- Net Profit Margin estimate has improved from 2.58% to 3.95%. This highlights higher anticipated profitability.
- Future P/E ratio projection has declined significantly from 48.80x to 25.87x. This suggests expectations of stronger earnings relative to price.
Disclaimer
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