Annuncio • May 21
Steelcast Limited to Report Q4, 2026 Results on May 30, 2026 Steelcast Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 30, 2026 Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹275, the stock trades at a trailing P/E ratio of 30.7x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 197% over the past three years. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹226, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 22x in the Metals and Mining industry in India. Total returns to shareholders of 125% over the past three years. Declared Dividend • Feb 01
Third quarter dividend of ₹0.45 announced Shareholders will receive a dividend of ₹0.45. Ex-date: 6th February 2026 Payment date: 1st March 2026 Dividend yield will be 0.8%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 32% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 76% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: ₹2.03 (vs ₹1.90 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.03 (up from ₹1.90 in 3Q 2025). Revenue: ₹1.01b (flat on 3Q 2025). Net income: ₹205.9m (up 7.2% from 3Q 2025). Profit margin: 20% (up from 19% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jan 21
Steelcast Limited to Report Q3, 2026 Results on Jan 30, 2026 Steelcast Limited announced that they will report Q3, 2026 results on Jan 30, 2026 Declared Dividend • Nov 06
Second quarter dividend of ₹0.36 announced Shareholders will receive a dividend of ₹0.36. Ex-date: 11th November 2025 Payment date: 30th November 2025 Dividend yield will be 0.8%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 36% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 93% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: ₹2.29 (vs ₹1.31 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.29 (up from ₹1.31 in 2Q 2025). Revenue: ₹1.11b (up 46% from 2Q 2025). Net income: ₹232.1m (up 75% from 2Q 2025). Profit margin: 21% (up from 18% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Oct 25
Steelcast Limited to Report Q2, 2026 Results on Oct 31, 2025 Steelcast Limited announced that they will report Q2, 2026 results at 9:15 AM, Indian Standard Time on Oct 31, 2025 New Risk • Aug 28
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹4.44b (US$50.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹4.44b market cap, or US$50.7m). Annuncio • Jul 31
Steelcast Limited Announces First Interim Dividend for 2025-26, Payable on or Before 30 August,2025 Steelcast Limited at its meeting held on July 31, 2025 declared First Interim Dividend for Fiscal Year 2025-26 @ INR 1.80 per equity share of INR 5/- each (i.e.36%) which will be paid within 30 days of the date of declaration i.e. on or before 30th August,2025. The record date is fixed as August 8, 2025. Annuncio • Jul 22
Steelcast Limited to Report Q1, 2026 Results on Jul 31, 2025 Steelcast Limited announced that they will report Q1, 2026 results on Jul 31, 2025 Reported Earnings • Jul 14
Full year 2025 earnings released: EPS: ₹35.67 (vs ₹37.06 in FY 2024) Full year 2025 results: EPS: ₹35.67 (down from ₹37.06 in FY 2024). Revenue: ₹3.76b (down 8.2% from FY 2024). Net income: ₹722.0m (down 3.7% from FY 2024). Profit margin: 19% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 10
Fourth quarter dividend of ₹2.70 announced Shareholders will receive a dividend of ₹2.70. Ex-date: 23rd July 2025 Payment date: 30th August 2025 Dividend yield will be 0.6%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 36% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 55% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Jul 09
Steelcast Limited, Annual General Meeting, Jul 31, 2025 Steelcast Limited, Annual General Meeting, Jul 31, 2025, at 16:00 Indian Standard Time. Reported Earnings • May 29
Full year 2025 earnings released: EPS: ₹35.67 (vs ₹37.06 in FY 2024) Full year 2025 results: EPS: ₹35.67 (down from ₹37.06 in FY 2024). Revenue: ₹3.81b (down 7.1% from FY 2024). Net income: ₹722.0m (down 3.7% from FY 2024). Profit margin: 19% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • May 28
Steelcast Limited Approves the Recommended of Final Dividend Steelcast Limited at its board meeting held on 28 May, 2025, approved the recommended to the members final dividend at INR 2.70 per equity share of INR 5 each (i.e. 54%) to be paid subject to the approval of the members at the ensuing Annual General Meeting (AGM) of the Company. New Risk • May 21
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Annuncio • May 20
Steelcast Limited to Report Q4, 2025 Results on May 28, 2025 Steelcast Limited announced that they will report Q4, 2025 results on May 28, 2025 New Risk • Apr 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.9% average weekly change). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₹780, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 130% over the past three years. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹957, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 250% over the past three years. Declared Dividend • Jan 30
Third quarter dividend of ₹1.80 announced Shareholders will receive a dividend of ₹1.80. Ex-date: 7th February 2025 Payment date: 27th February 2025 Dividend yield will be 0.8%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 36% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 33% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 29
Third quarter 2025 earnings released: EPS: ₹9.49 (vs ₹8.61 in 3Q 2024) Third quarter 2025 results: EPS: ₹9.49 (up from ₹8.61 in 3Q 2024). Revenue: ₹1.03b (up 14% from 3Q 2024). Net income: ₹192.1m (up 10% from 3Q 2024). Profit margin: 19% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jan 20
Steelcast Limited to Report Q3, 2025 Results on Jan 28, 2025 Steelcast Limited announced that they will report Q3, 2025 results on Jan 28, 2025 Declared Dividend • Nov 13
Second quarter dividend of ₹1.35 announced Dividend of ₹1.35 is the same as last year. Ex-date: 22nd November 2024 Payment date: 9th December 2024 Dividend yield will be 0.9%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 43% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 24% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: ₹6.57 (vs ₹9.19 in 2Q 2024) Second quarter 2025 results: EPS: ₹6.57 (down from ₹9.19 in 2Q 2024). Revenue: ₹774.0m (down 24% from 2Q 2024). Net income: ₹132.9m (down 28% from 2Q 2024). Profit margin: 17% (down from 18% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Oct 29
Steelcast Limited to Report Q2, 2025 Results on Nov 09, 2024 Steelcast Limited announced that they will report Q2, 2025 results on Nov 09, 2024 Annuncio • Sep 12
Steelcast Limited Appoints Dipam A Patel as an Additional Director, Effective from October 1, 2024 Steelcast Limited has approved the appointment of Mr. Dipam A Patel as an Additional Director in the capacity of Independent Director, effective from 1st October, 2024 for a period of three years up to 30th September, 2027. Mr. Dipam A Patel is a practicing Chartered Accountant by profession and is associated as partner since April 2014 in Kantilal Patel & Co., Ahmedabad, a Chartered Accountants firm with 60 years of rich experience in Corporate Service. Besides being a Chartered Accountant, Mr. Dipam A Patel is also a member of the Institute of Company Secretaries of India (ICSI). Mr. Dipam A Patel is an expert in the field of valuation of securities and financial assets. Mr. Dipam A Patel was nominated as a member of the Advisory Committee of the ICAI Registered Valuers' Organisation for taking steps in development of the profession. He was also nominated as a special invitee of the Centre for Audit Quality Directorate of the ICAI for the term 2023-24. Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹780, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 26x in the Metals and Mining industry in India. Total returns to shareholders of 270% over the past three years. Declared Dividend • Aug 10
Dividend of ₹1.35 announced Shareholders will receive a dividend of ₹1.35. Ex-date: 16th August 2024 Payment date: 7th September 2024 Dividend yield will be 1.1%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 43% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Aug 09
Steelcast Limited Declares Interim Dividend, Payable on or Before September 7, 2024 Steelcast Limited Declared an Interim Dividend of INR 1.35 per equity share of INR 5 each (i.e. 27%) which will be paid within 30 days of the date of declaration i.e. on or before 7th September, 2024. Fixed August 17, 2024 as the record date for the purpose of Interim Dividend as intimated earlier. Annuncio • Jul 27
Steelcast Limited to Report Q1, 2025 Results on Aug 08, 2024 Steelcast Limited announced that they will report Q1, 2025 results on Aug 08, 2024 Reported Earnings • Jul 23
Full year 2024 earnings released: EPS: ₹37.06 (vs ₹34.84 in FY 2023) Full year 2024 results: EPS: ₹37.06 (up from ₹34.84 in FY 2023). Revenue: ₹4.10b (down 14% from FY 2023). Net income: ₹750.0m (up 6.3% from FY 2023). Profit margin: 18% (up from 15% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 17
Fourth quarter dividend of ₹3.15 announced Shareholders will receive a dividend of ₹3.15. Ex-date: 31st July 2024 Payment date: 7th September 2024 Dividend yield will be 0.9%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 25% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Jul 15
Steelcast Limited, Annual General Meeting, Aug 08, 2024 Steelcast Limited, Annual General Meeting, Aug 08, 2024, at 16:00 Indian Standard Time. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹37.06 (vs ₹34.84 in FY 2023) Full year 2024 results: EPS: ₹37.06 (up from ₹34.84 in FY 2023). Revenue: ₹4.13b (down 14% from FY 2023). Net income: ₹750.0m (up 6.3% from FY 2023). Profit margin: 18% (up from 15% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • May 31
Steelcast Limited Recommends Final Dividend 285Th Meeting of the Board of Directors of Steelcast Limited Held on 30Th May, 2024 Recommended Final Dividend INR 3.15 per equity share of INR 5 each (i.e. 63%) to be paid subject to the approval of the members at the upcoming Annual General Meeting (AGM) of the Company. Annuncio • May 19
Steelcast Limited to Report Q4, 2024 Results on May 30, 2024 Steelcast Limited announced that they will report Q4, 2024 results on May 30, 2024 Upcoming Dividend • Feb 06
Upcoming dividend of ₹1.35 per share at 1.6% yield Eligible shareholders must have bought the stock before 13 February 2024. Payment date: 01 March 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.6%. Within top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (6.1%). Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: ₹8.61 (vs ₹9.53 in 3Q 2023) Third quarter 2024 results: EPS: ₹8.61 (down from ₹9.53 in 3Q 2023). Revenue: ₹908.2m (down 24% from 3Q 2023). Net income: ₹174.2m (down 9.6% from 3Q 2023). Profit margin: 19% (up from 16% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 61% per year whereas the company’s share price has increased by 65% per year. Annuncio • Jan 20
Steelcast Limited to Report Q3, 2024 Results on Jan 31, 2024 Steelcast Limited announced that they will report Q3, 2024 results on Jan 31, 2024 Upcoming Dividend • Nov 08
Upcoming dividend of ₹1.35 per share at 1.7% yield Eligible shareholders must have bought the stock before 15 November 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.7%. Within top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (7.3%). Reported Earnings • Nov 03
Second quarter 2024 earnings released: EPS: ₹9.19 (vs ₹8.68 in 2Q 2023) Second quarter 2024 results: EPS: ₹9.19 (up from ₹8.68 in 2Q 2023). Revenue: ₹1.02b (down 16% from 2Q 2023). Net income: ₹185.9m (up 5.9% from 2Q 2023). Profit margin: 18% (up from 14% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Oct 21
Steelcast Limited to Report Q2, 2024 Results on Nov 01, 2023 Steelcast Limited announced that they will report Q2, 2024 results on Nov 01, 2023 Recent Insider Transactions • Aug 28
Insider recently sold ₹6.0m worth of stock On the 23rd of August, Tipirneni Kumar Babu sold around 10k shares on-market at roughly ₹609 per share. This transaction amounted to 99% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹44m. Insiders have been net sellers, collectively disposing of ₹66m more than they bought in the last 12 months. Recent Insider Transactions • Aug 12
Insider recently sold ₹44m worth of stock On the 7th of August, Tipirneni Kumar Babu sold around 80k shares on-market at roughly ₹544 per share. This transaction amounted to 89% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹60m more than they bought in the last 12 months. Upcoming Dividend • Aug 07
Upcoming dividend of ₹1.35 per share at 2.0% yield Eligible shareholders must have bought the stock before 14 August 2023. Payment date: 02 September 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.0%. Within top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (7.4%). Annuncio • Jul 28
Steelcast Limited to Report Q1, 2024 Results on Aug 03, 2023 Steelcast Limited announced that they will report Q1, 2024 results on Aug 03, 2023 Upcoming Dividend • Jul 19
Upcoming dividend of ₹2.70 per share at 2.2% yield Eligible shareholders must have bought the stock before 26 July 2023. Payment date: 02 September 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.2%. Within top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (7.5%). Reported Earnings • Jul 13
Full year 2023 earnings released: EPS: ₹34.84 (vs ₹16.44 in FY 2022) Full year 2023 results: EPS: ₹34.84 (up from ₹16.44 in FY 2022). Revenue: ₹4.77b (up 58% from FY 2022). Net income: ₹705.2m (up 112% from FY 2022). Profit margin: 15% (up from 11% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 73% per year, which means it is significantly lagging earnings growth. Annuncio • Jul 12
Steelcast Limited, Annual General Meeting, Aug 03, 2023 Steelcast Limited, Annual General Meeting, Aug 03, 2023, at 16:00 Indian Standard Time. Location: Efcee Sarovar Portico Sarovar Hotels, Iscon Mega City, Opp. Victoria Park Bhavnagar Gujarat India Agenda: To receive, consider, approve and adopt the Audited Financial Statement of the Company for the financial year ended March 31, 2023 and the Report of the Board of Directors' and Auditors' thereon; to confirm the payment of three Interim Dividends and one Special Dividend on Equity Shares and to declare a Final Dividend on Equity Shares for the year ended March 31, 2023; to consider re-appointment of Directors; to ratify the remuneration to be paid to M/s. S K Rajani & Co., Cost Auditors for the financial year 2023-24; and to consider any other matters. Upcoming Dividend • May 26
Upcoming dividend of ₹3.15 per share at 0.8% yield Eligible shareholders must have bought the stock before 02 June 2023. Payment date: 22 June 2023. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (8.3%). Reported Earnings • May 25
Full year 2023 earnings released: EPS: ₹34.84 (vs ₹16.44 in FY 2022) Full year 2023 results: EPS: ₹34.84 (up from ₹16.44 in FY 2022). Revenue: ₹4.78b (up 58% from FY 2022). Net income: ₹705.2m (up 112% from FY 2022). Profit margin: 15% (up from 11% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • May 25
Steelcast Limited Declares Special Interim Dividend for Financial Year 2022-23 Steelcast Limited at meeting of the Board of Directors on 23rd May, 2023 declared a Special Interim Dividend @ INR 3.15 per equity share of INR 5 each (i.e. 63%) to be paid within 30 days of the Board Meeting i.e. on or before 22nd June, 2023. This is in celebration of occasion of completion of 63 years from the date of founding of the Company (originally as a partnership firm) and keeping in view the record performance during the financial year 2022-23. Fixed June 2, 2023 as the record date for the purpose of Special Interim Dividend. Annuncio • May 24
Steelcast Limited Recommends Final Dividend for 2022-23 Steelcast Limited at Board of Directors meeting on 23rd May, 2023 recommended Final Dividend @ INR 2.70 per equity share of INR 5 each (i.e. 54%) to be paid subject to the approval of the members at the upcoming Annual General Meeting (AGM) of the Company. Annuncio • May 13
Steelcast Limited to Report Fiscal Year 2023 Results on May 23, 2023 Steelcast Limited announced that they will report fiscal year 2023 results on May 23, 2023 Board Change • Feb 15
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Rajiv Gandhi was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jan 27
Upcoming dividend of ₹1.80 per share at 0.9% yield Eligible shareholders must have bought the stock before 03 February 2023. Payment date: 22 February 2023. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (6.3%). Annuncio • Jan 24
Steelcast Limited Declares Third Interim Dividend, Payable on or Before February 22, 2023 Steelcast Limited at its board meeting held on January 23, 2023, declared a third Interim Dividend INR 1.80 per equity share of INR 5 each (i.e. 36%) which will be paid within 30 days of the date of declaration i.e. on or before 22nd February, 2023, with February 3, 2023 as the record date for the purpose of third Interim Dividend. Reported Earnings • Jan 24
Third quarter 2023 earnings released: EPS: ₹9.53 (vs ₹4.22 in 3Q 2022) Third quarter 2023 results: EPS: ₹9.53 (up from ₹4.22 in 3Q 2022). Revenue: ₹1.20b (up 52% from 3Q 2022). Net income: ₹192.8m (up 126% from 3Q 2022). Profit margin: 16% (up from 11% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth. Annuncio • Jan 17
Steelcast Limited to Report Q3, 2023 Results on Jan 23, 2023 Steelcast Limited announced that they will report Q3, 2023 results on Jan 23, 2023 Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improved over the past week After last week's 18% share price gain to ₹528, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 371% over the past three years. Upcoming Dividend • Oct 25
Upcoming dividend of ₹1.35 per share Eligible shareholders must have bought the stock before 01 November 2022. Payment date: 19 November 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (6.2%). Reported Earnings • Oct 21
Second quarter 2023 earnings released: EPS: ₹8.68 (vs ₹4.85 in 2Q 2022) Second quarter 2023 results: EPS: ₹8.68 (up from ₹4.85 in 2Q 2022). Revenue: ₹1.22b (up 57% from 2Q 2022). Net income: ₹175.6m (up 79% from 2Q 2022). Profit margin: 14% (up from 13% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 57% per year and the company’s share price has also increased by 57% per year. Annuncio • Oct 21
Steelcast Limited Declares Second Interim Dividend, Payable on or Before 19 November, 2022 The board of directors of Steelcast Limited at meeting held on 20 October, 2022, Declared a second Interim Dividend @ INR 1.35 per equity share of INR 5 each (27%) which will be paid within 30 days of the date of declaration i.e. on or before 19 November, 2022. Fixed 2 November 2022 as the record date for the purpose of second Interim Dividend. Annuncio • Oct 12
Steelcast Limited to Report Q2, 2023 Results on Oct 20, 2022 Steelcast Limited announced that they will report Q2, 2023 results on Oct 20, 2022 Annuncio • Oct 01
Steelcast Limited Informs That Term of Appointment of Rajendra Vadilal Gandhi as an Independent Director of the Company Has Expired Steelcast Limited informed that term of appointment of Mr. Rajendra Vadilal Gandhi (DIN: 00189197) as an Independent Director of the Company has expired effective from closing of business hours of September 30, 2022 upon completion of his tenure as an Independent Director as approved by the shareholders at their meeting held on August 07, 2019. Upcoming Dividend • Aug 11
Upcoming dividend of ₹0.90 per share Eligible shareholders must have bought the stock before 18 August 2022. Payment date: 03 September 2022. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.7%). Lower than average of industry peers (6.7%). Annuncio • Aug 05
Steelcast Limited Declares Interim Dividend, Payable on or Before September 03, 2022 Steelcast Limited declares interim dividend at INR 0.90 per equity share of INR 5 each which will be paid within 30 days of the date of declaration i.e. on or before 03rd September, 2022. Fixed Aug. 19, 2022 as the record date for the purpose of Interim Dividend. Annuncio • Jul 30
Steelcast Limited to Report Q1, 2023 Results on Aug 04, 2022 Steelcast Limited announced that they will report Q1, 2023 results on Aug 04, 2022 Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 16% share price gain to ₹432, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 256% over the past three years. Upcoming Dividend • Jul 19
Upcoming dividend of ₹1.80 per share Eligible shareholders must have bought the stock before 26 July 2022. Payment date: 03 September 2022. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of Indian dividend payers (1.8%). Lower than average of industry peers (6.6%). Reported Earnings • Jul 14
Full year 2022 earnings released: EPS: ₹16.44 (vs ₹5.94 in FY 2021) Full year 2022 results: EPS: ₹16.44 (up from ₹5.94 in FY 2021). Revenue: ₹3.02b (up 92% from FY 2021). Net income: ₹332.7m (up 177% from FY 2021). Profit margin: 11% (up from 7.6% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 25
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹283, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 78% over the past three years. Reported Earnings • May 20
Full year 2022 earnings released: EPS: ₹16.44 (vs ₹5.94 in FY 2021) Full year 2022 results: EPS: ₹16.44 (up from ₹5.94 in FY 2021). Revenue: ₹3.02b (up 92% from FY 2021). Net income: ₹332.7m (up 177% from FY 2021). Profit margin: 11% (up from 7.6% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • May 10
Steelcast Limited to Report Q4, 2022 Results on May 18, 2022 Steelcast Limited announced that they will report Q4, 2022 results on May 18, 2022 Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improved over the past week After last week's 17% share price gain to ₹350, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 124% over the past three years. Reported Earnings • Jan 30
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹4.22 (up from ₹1.87 in 3Q 2021). Revenue: ₹790.0m (up 81% from 3Q 2021). Net income: ₹85.4m (up 126% from 3Q 2021). Profit margin: 11% (up from 8.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Upcoming Dividend • Nov 05
Upcoming dividend of ₹1.35 per share Eligible shareholders must have bought the stock before 12 November 2021. Payment date: 28 November 2021. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (3.1%). Reported Earnings • Oct 30
Second quarter 2022 earnings released: EPS ₹4.85 (vs ₹1.74 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹775.4m (up 123% from 2Q 2021). Net income: ₹98.1m (up 179% from 2Q 2021). Profit margin: 13% (up from 10% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 21% share price gain to ₹292, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 97% over the past three years. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment improved over the past week After last week's 22% share price gain to ₹254, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 11x in the Metals and Mining industry in India. Total returns to shareholders of 56% over the past three years. Upcoming Dividend • Jul 26
Upcoming dividend of ₹1.35 per share Eligible shareholders must have bought the stock before 02 August 2021. Payment date: 06 September 2021. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (2.6%). Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment improved over the past week After last week's 19% share price gain to ₹218, the stock trades at a trailing P/E ratio of 36.7x. Average trailing P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 25% over the past three years. Reported Earnings • Jul 18
Full year 2021 earnings released: EPS ₹5.94 (vs ₹3.94 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹1.58b (down 21% from FY 2020). Net income: ₹120.2m (up 51% from FY 2020). Profit margin: 7.6% (up from 4.0% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • May 30
Full year 2021 earnings released: EPS ₹5.94 (vs ₹3.94 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹1.59b (down 21% from FY 2020). Net income: ₹120.2m (up 51% from FY 2020). Profit margin: 7.6% (up from 4.0% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 01
New 90-day high: ₹149 The company is up 59% from its price of ₹94.00 on 03 November 2020. The Indian market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 37% over the same period. Reported Earnings • Feb 01
Third quarter 2021 earnings released: EPS ₹1.87 (vs ₹0.82 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: ₹437.5m (flat on 3Q 2020). Net income: ₹37.8m (up 128% from 3Q 2020). Profit margin: 8.6% (up from 3.8% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Annuncio • Jan 20
Steelcast Limited to Report Q3, 2021 Results on Jan 29, 2021 Steelcast Limited announced that they will report Q3, 2021 results on Jan 29, 2021 Is New 90 Day High Low • Jan 06
New 90-day high: ₹140 The company is up 45% from its price of ₹96.00 on 08 October 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 44% over the same period. Valuation Update With 7 Day Price Move • Dec 09
Market bids up stock over the past week After last week's 16% share price gain to ₹116, the stock is trading at a trailing P/E ratio of 70.8x, up from the previous P/E ratio of 61.2x. This compares to an average P/E of 15x in the Metals and Mining industry in India. Total return to shareholders over the past three years is a loss of 32%. Is New 90 Day High Low • Dec 08
New 90-day high: ₹113 The company is up 11% from its price of ₹102 on 09 September 2020. The Indian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 27% over the same period. Annuncio • Sep 13
Steelcast Limited to Report Q1, 2021 Results on Aug 14, 2020 Steelcast Limited announced that they will report Q1, 2021 results on Aug 14, 2020