Welcast Steels (504988) 주식 개요웰캐스트 스틸스는 주로 인도에서 고크롬 연삭 미디어 볼을 제조 및 판매하는 회사입니다. 자세히 보기504988 펀더멘털 분석스노우플레이크 점수가치 평가3/6미래 성장0/6과거 실적0/6재무 건전성6/6배당0/6강점공정 가치 추정치보다 낮은 21.9% 에서 거래위험 분석지난 5년간 매년 수익이 7.3% 감소했습니다.의미 있는 시가총액이 없습니다(₹447M)모든 위험 점검 보기504988 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₹Current Price₹700.0038.3% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-65m3b2016201920222025202620282031Revenue ₹581.9mEarnings ₹77.6mAdvancedSet Fair ValueView all narrativesWelcast Steels Limited 경쟁사Metal Coatings (India)Symbol: BSE:531810Market cap: ₹428.0mRathi BarsSymbol: BSE:532918Market cap: ₹415.0mNewMalayalam SteelSymbol: NSEI:NMSTEELMarket cap: ₹414.9mShri Kanha StainlessSymbol: NSEI:SHRIKANHAMarket cap: ₹393.5m가격 이력 및 성과Welcast Steels 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가₹700.0052주 최고가₹1,350.0052주 최저가₹650.05베타-0.101개월 변동-2.71%3개월 변동-1.46%1년 변동-44.05%3년 변동0%5년 변동43.63%IPO 이후 변동2.64%최근 뉴스 및 업데이트공시 • May 20Welcast Steels Limited, Annual General Meeting, Sep 10, 2026Welcast Steels Limited, Annual General Meeting, Sep 10, 2026, at 11:00 Indian Standard Time.공시 • May 12Welcast Steels Limited to Report Q4, 2026 Results on May 20, 2026Welcast Steels Limited announced that they will report Q4, 2026 results on May 20, 2026Buy Or Sell Opportunity • Apr 28Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.1% to ₹710. The fair value is estimated to be ₹892, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Apr 08Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to ₹701. The fair value is estimated to be ₹898, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Jan 30Third quarter 2026 earnings released: ₹49.47 loss per share (vs ₹1.77 profit in 3Q 2025)Third quarter 2026 results: ₹49.47 loss per share (down from ₹1.77 profit in 3Q 2025). Revenue: ₹30.1m (down 87% from 3Q 2025). Net loss: ₹31.6m (down ₹32.7m from profit in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.공시 • Jan 19Welcast Steels Limited to Report Q3, 2026 Results on Jan 29, 2026Welcast Steels Limited announced that they will report Q3, 2026 results on Jan 29, 2026더 많은 업데이트 보기Recent updates공시 • May 20Welcast Steels Limited, Annual General Meeting, Sep 10, 2026Welcast Steels Limited, Annual General Meeting, Sep 10, 2026, at 11:00 Indian Standard Time.공시 • May 12Welcast Steels Limited to Report Q4, 2026 Results on May 20, 2026Welcast Steels Limited announced that they will report Q4, 2026 results on May 20, 2026Buy Or Sell Opportunity • Apr 28Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.1% to ₹710. The fair value is estimated to be ₹892, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Apr 08Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to ₹701. The fair value is estimated to be ₹898, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Jan 30Third quarter 2026 earnings released: ₹49.47 loss per share (vs ₹1.77 profit in 3Q 2025)Third quarter 2026 results: ₹49.47 loss per share (down from ₹1.77 profit in 3Q 2025). Revenue: ₹30.1m (down 87% from 3Q 2025). Net loss: ₹31.6m (down ₹32.7m from profit in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.공시 • Jan 19Welcast Steels Limited to Report Q3, 2026 Results on Jan 29, 2026Welcast Steels Limited announced that they will report Q3, 2026 results on Jan 29, 2026Reported Earnings • Nov 06Second quarter 2026 earnings released: ₹50.64 loss per share (vs ₹0.91 loss in 2Q 2025)Second quarter 2026 results: ₹50.64 loss per share (further deteriorated from ₹0.91 loss in 2Q 2025). Revenue: ₹210.1m (up 30% from 2Q 2025). Net loss: ₹32.3m (loss widened ₹31.7m from 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.공시 • Oct 29Welcast Steels Limited to Report Q2, 2026 Results on Nov 05, 2025Welcast Steels Limited announced that they will report Q2, 2026 results at 9:15 AM, Indian Standard Time on Nov 05, 2025Reported Earnings • Aug 07First quarter 2026 earnings released: ₹4.61 loss per share (vs ₹9.10 loss in 1Q 2025)First quarter 2026 results: ₹4.61 loss per share (improved from ₹9.10 loss in 1Q 2025). Revenue: ₹227.9m (down 6.6% from 1Q 2025). Net loss: ₹2.94m (loss narrowed 49% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.공시 • Jul 28Welcast Steels Limited to Report Q1, 2026 Results on Aug 06, 2025Welcast Steels Limited announced that they will report Q1, 2026 results on Aug 06, 2025New Risk • Jul 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.3% 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 Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$10m (₹840.6m market cap, or US$9.83m).New Risk • May 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.3% 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: Major Risk Market cap is less than US$10m (₹702.6m market cap, or US$8.21m). Minor Risk Share price has been volatile over the past 3 months (6.3% average weekly change).공시 • May 21Welcast Steels Limited, Annual General Meeting, Sep 10, 2025Welcast Steels Limited, Annual General Meeting, Sep 10, 2025, at 11:00 Indian Standard Time.Reported Earnings • May 21Full year 2025 earnings released: ₹5.29 loss per share (vs ₹82.24 profit in FY 2024)Full year 2025 results: ₹5.29 loss per share (down from ₹82.24 profit in FY 2024). Revenue: ₹861.9m (down 5.4% from FY 2024). Net loss: ₹3.37m (down 106% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 53% per year, which means it is well ahead of earnings.New Risk • Feb 08New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.9% Last year net profit margin: 2.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹782.4m market cap, or US$8.92m). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).공시 • Jan 30Welcast Steels Limited Announces Resignation of S. N. Jetheliya as Company Secretary and Compliance Officer, Effective February 6, 2025Welcast Steels Limited announced that Mr. S. N. Jetheliya, Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company has tendered his resignation from the position of Company Secretary & Compliance Officer (Key Managerial Personnel) of the Company vide his letter dated 30th January, 2025 and will be relieved from the positions of the Company Secretary and Compliance Officer of the Company with effect from close of business hour on February 6, 2025.New Risk • Dec 20New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ₹845.6m (US$9.95m) This is considered a major 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: Major Risk Market cap is less than US$10m (₹845.6m market cap, or US$9.95m). Minor Risk Large one-off items impacting financial results.공시 • Oct 18Welcast Steels Limited to Report Q2, 2025 Results on Oct 29, 2024Welcast Steels Limited announced that they will report Q2, 2025 results on Oct 29, 2024Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹1,464, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 27x in the Metals and Mining industry in India. Total returns to shareholders of 333% over the past three years.New Risk • Oct 04New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ₹835.8m (US$9.95m) This is considered a major 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. This is currently the only risk that has been identified for the company.Upcoming Dividend • Aug 19Upcoming dividend of ₹2.50 per shareEligible shareholders must have bought the stock before 26 August 2024. Payment date: 01 October 2024. Payout ratio is a comfortable 3.0% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (1.6%).공시 • Aug 09+ 2 more updatesWelcast Steels Limited to Report Q4, 2025 Results on May 30, 2025Welcast Steels Limited announced that they will report Q4, 2025 results on May 30, 2025Reported Earnings • Aug 08First quarter 2025 earnings released: ₹9.10 loss per share (vs ₹9.23 profit in 1Q 2024)First quarter 2025 results: ₹9.10 loss per share (down from ₹9.23 profit in 1Q 2024). Revenue: ₹249.0m (up 29% from 1Q 2024). Net loss: ₹5.81m (down 199% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth.공시 • Jul 30Welcast Steels Limited to Report Q1, 2025 Results on Aug 07, 2024Welcast Steels Limited announced that they will report Q1, 2025 results on Aug 07, 2024Valuation Update With 7 Day Price Move • Jul 24Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹1,674, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 25x in the Metals and Mining industry in India. Total returns to shareholders of 251% over the past three years.공시 • May 16Welcast Steels Limited, Annual General Meeting, Sep 02, 2024Welcast Steels Limited, Annual General Meeting, Sep 02, 2024, at 11:00 Indian Standard Time.Reported Earnings • May 15Full year 2024 earnings released: EPS: ₹82.24 (vs ₹41.37 in FY 2023)Full year 2024 results: EPS: ₹82.24 (up from ₹41.37 in FY 2023). Revenue: ₹947.0m (flat on FY 2023). Net income: ₹52.5m (up 99% from FY 2023). Profit margin: 5.5% (up from 2.8% in FY 2023). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹1,384, the stock trades at a trailing P/E ratio of 48.7x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 150% over the past three years.공시 • May 05Welcast Steels Limited to Report Q4, 2024 Results on May 13, 2024Welcast Steels Limited announced that they will report Q4, 2024 results on May 13, 2024Reported Earnings • Feb 03Third quarter 2024 earnings released: EPS: ₹19.23 (vs ₹5.76 loss in 3Q 2023)Third quarter 2024 results: EPS: ₹19.23 (up from ₹5.76 loss in 3Q 2023). Revenue: ₹206.0m (up 4.7% from 3Q 2023). Net income: ₹12.3m (up ₹15.9m from 3Q 2023). Profit margin: 6.0% (up from net loss in 3Q 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jan 24Welcast Steels Limited to Report Q3, 2024 Results on Feb 02, 2024Welcast Steels Limited announced that they will report Q3, 2024 results on Feb 02, 2024공시 • Dec 15AIA Engineering Limited (NSEI:AIAENG) made an offer to acquire remaining 25.15% stake in Welcast Steels Limited (BSE:504988).AIA Engineering Limited (NSEI:AIAENG) made an offer to acquire remaining 25.15% stake in Welcast Steels Limited (BSE:504988) on December 13, 2023. Vivro Financial Services Private Limited acted as financial advisor to AIA Engineering Limited.New Risk • Nov 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% 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: Major Risk Market cap is less than US$10m (₹680.8m market cap, or US$8.18m). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin).Reported Earnings • Nov 06Second quarter 2024 earnings released: EPS: ₹32.70 (vs ₹16.95 in 2Q 2023)Second quarter 2024 results: EPS: ₹32.70 (up from ₹16.95 in 2Q 2023). Revenue: ₹282.2m (up 195% from 2Q 2023). Net income: ₹20.9m (up 93% from 2Q 2023). Profit margin: 7.4% (down from 11% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.공시 • Oct 26Welcast Steels Limited to Report Q2, 2024 Results on Nov 04, 2023Welcast Steels Limited announced that they will report Q2, 2024 results on Nov 04, 2023Upcoming Dividend • Aug 29Upcoming dividend of ₹2.50 per share at 0.3% yieldEligible shareholders must have bought the stock before 05 September 2023. Payment date: 11 October 2023. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (7.4%).Reported Earnings • Jul 30First quarter 2024 earnings released: EPS: ₹9.23 (vs ₹62.94 in 1Q 2023)First quarter 2024 results: EPS: ₹9.23 (down from ₹62.94 in 1Q 2023). Revenue: ₹196.5m (down 55% from 1Q 2023). Net income: ₹5.89m (down 85% from 1Q 2023). Profit margin: 3.0% (down from 9.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ₹862, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 120% over the past three years.Reported Earnings • May 22Full year 2023 earnings released: EPS: ₹41.37 (vs ₹7.70 loss in FY 2022)Full year 2023 results: EPS: ₹41.37 (up from ₹7.70 loss in FY 2022). Revenue: ₹946.7m (up 10% from FY 2022). Net income: ₹26.4m (up ₹31.3m from FY 2022). Profit margin: 2.8% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.공시 • May 17+ 1 more updateWelcast Steels Limited, Annual General Meeting, Sep 12, 2023Welcast Steels Limited, Annual General Meeting, Sep 12, 2023, at 10:00 Indian Standard Time.Valuation Update With 7 Day Price Move • Apr 18Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₹694, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 110% over the past three years.Reported Earnings • Jan 28Third quarter 2023 earnings released: ₹5.76 loss per share (vs ₹10.45 profit in 3Q 2022)Third quarter 2023 results: ₹5.76 loss per share (down from ₹10.45 profit in 3Q 2022). Revenue: ₹196.9m (down 54% from 3Q 2022). Net loss: ₹3.68m (down 155% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.공시 • Jan 17Welcast Steels Limited to Report Q3, 2023 Results on Jan 25, 2023Welcast Steels Limited announced that they will report Q3, 2023 results on Jan 25, 2023Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. Non-Executive Non-Independent Director Khushali Solanki was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Oct 22Welcast Steels Limited to Report Q2, 2023 Results on Nov 08, 2022Welcast Steels Limited announced that they will report Q2, 2023 results on Nov 08, 2022공시 • Oct 14Welcast Steels Limited Announces Resignation of Rajendra S. Shah as DirectorWelcast Steels Limited announced that Mr. Rajendra S. Shah (DIN: 00061922), an Independent Director of the Company has resigned from the Board of Directors with effect from October 13, 2022.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹850, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 88% over the past three years.Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improved over the past weekAfter last week's 22% share price gain to ₹474, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total loss to shareholders of 1.3% over the past three years.Reported Earnings • Aug 07First quarter 2023 earnings released: EPS: ₹62.94 (vs ₹33.37 loss in 1Q 2022)First quarter 2023 results: EPS: ₹62.94 (up from ₹33.37 loss in 1Q 2022). Revenue: ₹434.6m (up ₹399.4m from 1Q 2022). Net income: ₹40.2m (up ₹61.5m from 1Q 2022). Profit margin: 9.2% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.공시 • Aug 06Welcast Steels Limited, Annual General Meeting, Sep 05, 2022Welcast Steels Limited, Annual General Meeting, Sep 05, 2022.공시 • Jul 30Welcast Steels Limited to Report Q1, 2023 Results on Aug 06, 2022Welcast Steels Limited announced that they will report Q1, 2023 results on Aug 06, 2022Reported Earnings • May 29Full year 2022 earnings released: ₹7.70 loss per share (vs ₹28.52 loss in FY 2021)Full year 2022 results: ₹7.70 loss per share (up from ₹28.52 loss in FY 2021). Revenue: ₹859.7m (down 12% from FY 2021). Net loss: ₹4.91m (loss narrowed 73% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.공시 • May 24+ 1 more updateWelcast Steels Limited Appoints Viren Thakkar as Chief Financial OfficerWelcast Steels Limited at its board meeting held on May 23, 2022 appointed Mr. Viren Thakkar as Chief Financial Officer of the company with effect from May 23, 2022.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 7 highly experienced directors. Non-Executive Non-Independent Director Khushali Solanki was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Jan 28Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ₹10.45 (down from ₹43.08 in 3Q 2021). Revenue: ₹426.6m (up 121% from 3Q 2021). Net income: ₹6.67m (down 76% from 3Q 2021). Profit margin: 1.6% (down from 14% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.Reported Earnings • Oct 27Second quarter 2022 earnings released: EPS ₹13.63 (vs ₹38.56 loss in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: ₹171.8m (down 43% from 2Q 2021). Net income: ₹8.70m (up ₹33.3m from 2Q 2021). Profit margin: 5.1% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 04Full year 2021 earnings released: ₹28.52 loss per share (vs ₹4.12 loss in FY 2020)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: ₹979.5m (down 35% from FY 2020). Net loss: ₹18.2m (loss widened ₹15.6m from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.Reported Earnings • May 24Full year 2021 earnings released: ₹28.52 loss per share (vs ₹4.12 loss in FY 2020)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: ₹984.1m (down 34% from FY 2020). Net loss: ₹18.2m (loss widened ₹15.6m from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Feb 25New 90-day high: ₹370The company is up 3.0% from its price of ₹359 on 27 November 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 36% over the same period.Reported Earnings • Feb 08Third quarter 2021 earnings released: EPS ₹43.08 (vs ₹2.31 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₹192.7m (down 53% from 3Q 2020). Net income: ₹27.5m (up ₹29.0m from 3Q 2020). Profit margin: 14% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 87% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.공시 • Jan 23Welcast Steels Limited to Report Q3, 2021 Results on Feb 05, 2021Welcast Steels Limited announced that they will report Q3, 2021 results on Feb 05, 2021공시 • Nov 03Welcast Steels Limited Provides Update on Closure of Manufacturing OperationsWelcast Steels Limited announced that in the hope of revival of the economy, has decided to continue the Manufacturing Operations at its Industrial Establishment situated at Plot No. 15, Phase-l, Peenya Industrial Area, Bengaluru 560 058 and withdraw its Closure Notices filed, pursuance to Section 25-FFA of the Industrial Dispute Act, 1947 (XIV of 1947) on 31st August, 2020 with the concerned Authorities to close its Industrial Establishment effective from November 2, 2020.공시 • Oct 18Welcast Steels Limited to Report Q2, 2021 Results on Oct 29, 2020Welcast Steels Limited announced that they will report Q2, 2021 results on Oct 29, 2020공시 • Sep 01Welcast Steels Limited Announces Permanent Close Down of the Industrial EstablishmentThe Board of Directors of Welcast Steels Limited in their Meeting held on August 31, 2020 have passed a resolution to close down permanently its Industrial Establishment (Factory) located at Plot No.ls, Phase-l, Peenya Industrial Area, Bengaluru - 560 058 after giving 60 days' Notice i.e. with effect from the close of the business hours on 2nd November, 2020.공시 • Aug 02Welcast Steels Limited to Report Q1, 2021 Results on Aug 08, 2020Welcast Steels Limited announced that they will report Q1, 2021 results on Aug 08, 2020주주 수익률504988IN Metals and MiningIN 시장7D-0.3%-0.6%0.5%1Y-44.0%27.6%-0.5%전체 주주 수익률 보기수익률 대 산업: 504988은 지난 1년 동안 27.6%의 수익을 기록한 Indian Metals and Mining 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 504988은 지난 1년 동안 -0.5%를 기록한 Indian 시장보다 저조한 성과를 냈습니다.주가 변동성Is 504988's price volatile compared to industry and market?504988 volatility504988 Average Weekly Movement6.5%Metals and Mining Industry Average Movement7.2%Market Average Movement7.1%10% most volatile stocks in IN Market10.1%10% least volatile stocks in IN Market4.8%안정적인 주가: 504988는 지난 3개월 동안 Indian 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 504988의 주간 변동성(6%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트1972121Gangadurai Mwww.welcaststeels.com웰캐스트 스틸은 주로 인도에서 고크롬 그라인딩 미디어 볼을 제조 및 판매하는 회사입니다. 이 회사의 제품은 시멘트, 광업 및 화력 발전 산업에서 분쇄/연삭 공정에 사용됩니다. 이 회사는 제품도 수출하고 있습니다.더 보기Welcast Steels Limited 기초 지표 요약Welcast Steels의 순이익과 매출은 시가총액과 어떻게 비교됩니까?504988 기초 통계시가총액₹446.71m순이익 (TTM)-₹64.94m매출 (TTM)₹668.63m0.7x주가매출비율(P/S)-6.9x주가수익비율(P/E)504988는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표504988 손익계산서 (TTM)매출₹668.63m매출원가₹417.54m총이익₹251.10m기타 비용₹316.04m순이익-₹64.94m최근 보고된 실적Dec 31, 2025다음 실적 발표일해당 없음주당순이익(EPS)-101.77총이익률37.55%순이익률-9.71%부채/자본 비율0%504988의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 11:43종가2026/05/22 00:00수익2025/12/31연간 수익2025/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Welcast Steels Limited는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Harini V.FirstCall Research
공시 • May 20Welcast Steels Limited, Annual General Meeting, Sep 10, 2026Welcast Steels Limited, Annual General Meeting, Sep 10, 2026, at 11:00 Indian Standard Time.
공시 • May 12Welcast Steels Limited to Report Q4, 2026 Results on May 20, 2026Welcast Steels Limited announced that they will report Q4, 2026 results on May 20, 2026
Buy Or Sell Opportunity • Apr 28Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.1% to ₹710. The fair value is estimated to be ₹892, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Apr 08Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to ₹701. The fair value is estimated to be ₹898, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Jan 30Third quarter 2026 earnings released: ₹49.47 loss per share (vs ₹1.77 profit in 3Q 2025)Third quarter 2026 results: ₹49.47 loss per share (down from ₹1.77 profit in 3Q 2025). Revenue: ₹30.1m (down 87% from 3Q 2025). Net loss: ₹31.6m (down ₹32.7m from profit in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.
공시 • Jan 19Welcast Steels Limited to Report Q3, 2026 Results on Jan 29, 2026Welcast Steels Limited announced that they will report Q3, 2026 results on Jan 29, 2026
공시 • May 20Welcast Steels Limited, Annual General Meeting, Sep 10, 2026Welcast Steels Limited, Annual General Meeting, Sep 10, 2026, at 11:00 Indian Standard Time.
공시 • May 12Welcast Steels Limited to Report Q4, 2026 Results on May 20, 2026Welcast Steels Limited announced that they will report Q4, 2026 results on May 20, 2026
Buy Or Sell Opportunity • Apr 28Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.1% to ₹710. The fair value is estimated to be ₹892, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Apr 08Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to ₹701. The fair value is estimated to be ₹898, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Jan 30Third quarter 2026 earnings released: ₹49.47 loss per share (vs ₹1.77 profit in 3Q 2025)Third quarter 2026 results: ₹49.47 loss per share (down from ₹1.77 profit in 3Q 2025). Revenue: ₹30.1m (down 87% from 3Q 2025). Net loss: ₹31.6m (down ₹32.7m from profit in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.
공시 • Jan 19Welcast Steels Limited to Report Q3, 2026 Results on Jan 29, 2026Welcast Steels Limited announced that they will report Q3, 2026 results on Jan 29, 2026
Reported Earnings • Nov 06Second quarter 2026 earnings released: ₹50.64 loss per share (vs ₹0.91 loss in 2Q 2025)Second quarter 2026 results: ₹50.64 loss per share (further deteriorated from ₹0.91 loss in 2Q 2025). Revenue: ₹210.1m (up 30% from 2Q 2025). Net loss: ₹32.3m (loss widened ₹31.7m from 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
공시 • Oct 29Welcast Steels Limited to Report Q2, 2026 Results on Nov 05, 2025Welcast Steels Limited announced that they will report Q2, 2026 results at 9:15 AM, Indian Standard Time on Nov 05, 2025
Reported Earnings • Aug 07First quarter 2026 earnings released: ₹4.61 loss per share (vs ₹9.10 loss in 1Q 2025)First quarter 2026 results: ₹4.61 loss per share (improved from ₹9.10 loss in 1Q 2025). Revenue: ₹227.9m (down 6.6% from 1Q 2025). Net loss: ₹2.94m (loss narrowed 49% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.
공시 • Jul 28Welcast Steels Limited to Report Q1, 2026 Results on Aug 06, 2025Welcast Steels Limited announced that they will report Q1, 2026 results on Aug 06, 2025
New Risk • Jul 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.3% 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 Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$10m (₹840.6m market cap, or US$9.83m).
New Risk • May 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.3% 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: Major Risk Market cap is less than US$10m (₹702.6m market cap, or US$8.21m). Minor Risk Share price has been volatile over the past 3 months (6.3% average weekly change).
공시 • May 21Welcast Steels Limited, Annual General Meeting, Sep 10, 2025Welcast Steels Limited, Annual General Meeting, Sep 10, 2025, at 11:00 Indian Standard Time.
Reported Earnings • May 21Full year 2025 earnings released: ₹5.29 loss per share (vs ₹82.24 profit in FY 2024)Full year 2025 results: ₹5.29 loss per share (down from ₹82.24 profit in FY 2024). Revenue: ₹861.9m (down 5.4% from FY 2024). Net loss: ₹3.37m (down 106% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 53% per year, which means it is well ahead of earnings.
New Risk • Feb 08New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.9% Last year net profit margin: 2.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹782.4m market cap, or US$8.92m). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).
공시 • Jan 30Welcast Steels Limited Announces Resignation of S. N. Jetheliya as Company Secretary and Compliance Officer, Effective February 6, 2025Welcast Steels Limited announced that Mr. S. N. Jetheliya, Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company has tendered his resignation from the position of Company Secretary & Compliance Officer (Key Managerial Personnel) of the Company vide his letter dated 30th January, 2025 and will be relieved from the positions of the Company Secretary and Compliance Officer of the Company with effect from close of business hour on February 6, 2025.
New Risk • Dec 20New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ₹845.6m (US$9.95m) This is considered a major 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: Major Risk Market cap is less than US$10m (₹845.6m market cap, or US$9.95m). Minor Risk Large one-off items impacting financial results.
공시 • Oct 18Welcast Steels Limited to Report Q2, 2025 Results on Oct 29, 2024Welcast Steels Limited announced that they will report Q2, 2025 results on Oct 29, 2024
Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹1,464, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 27x in the Metals and Mining industry in India. Total returns to shareholders of 333% over the past three years.
New Risk • Oct 04New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ₹835.8m (US$9.95m) This is considered a major 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. This is currently the only risk that has been identified for the company.
Upcoming Dividend • Aug 19Upcoming dividend of ₹2.50 per shareEligible shareholders must have bought the stock before 26 August 2024. Payment date: 01 October 2024. Payout ratio is a comfortable 3.0% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (1.6%).
공시 • Aug 09+ 2 more updatesWelcast Steels Limited to Report Q4, 2025 Results on May 30, 2025Welcast Steels Limited announced that they will report Q4, 2025 results on May 30, 2025
Reported Earnings • Aug 08First quarter 2025 earnings released: ₹9.10 loss per share (vs ₹9.23 profit in 1Q 2024)First quarter 2025 results: ₹9.10 loss per share (down from ₹9.23 profit in 1Q 2024). Revenue: ₹249.0m (up 29% from 1Q 2024). Net loss: ₹5.81m (down 199% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth.
공시 • Jul 30Welcast Steels Limited to Report Q1, 2025 Results on Aug 07, 2024Welcast Steels Limited announced that they will report Q1, 2025 results on Aug 07, 2024
Valuation Update With 7 Day Price Move • Jul 24Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹1,674, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 25x in the Metals and Mining industry in India. Total returns to shareholders of 251% over the past three years.
공시 • May 16Welcast Steels Limited, Annual General Meeting, Sep 02, 2024Welcast Steels Limited, Annual General Meeting, Sep 02, 2024, at 11:00 Indian Standard Time.
Reported Earnings • May 15Full year 2024 earnings released: EPS: ₹82.24 (vs ₹41.37 in FY 2023)Full year 2024 results: EPS: ₹82.24 (up from ₹41.37 in FY 2023). Revenue: ₹947.0m (flat on FY 2023). Net income: ₹52.5m (up 99% from FY 2023). Profit margin: 5.5% (up from 2.8% in FY 2023). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹1,384, the stock trades at a trailing P/E ratio of 48.7x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 150% over the past three years.
공시 • May 05Welcast Steels Limited to Report Q4, 2024 Results on May 13, 2024Welcast Steels Limited announced that they will report Q4, 2024 results on May 13, 2024
Reported Earnings • Feb 03Third quarter 2024 earnings released: EPS: ₹19.23 (vs ₹5.76 loss in 3Q 2023)Third quarter 2024 results: EPS: ₹19.23 (up from ₹5.76 loss in 3Q 2023). Revenue: ₹206.0m (up 4.7% from 3Q 2023). Net income: ₹12.3m (up ₹15.9m from 3Q 2023). Profit margin: 6.0% (up from net loss in 3Q 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jan 24Welcast Steels Limited to Report Q3, 2024 Results on Feb 02, 2024Welcast Steels Limited announced that they will report Q3, 2024 results on Feb 02, 2024
공시 • Dec 15AIA Engineering Limited (NSEI:AIAENG) made an offer to acquire remaining 25.15% stake in Welcast Steels Limited (BSE:504988).AIA Engineering Limited (NSEI:AIAENG) made an offer to acquire remaining 25.15% stake in Welcast Steels Limited (BSE:504988) on December 13, 2023. Vivro Financial Services Private Limited acted as financial advisor to AIA Engineering Limited.
New Risk • Nov 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% 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: Major Risk Market cap is less than US$10m (₹680.8m market cap, or US$8.18m). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin).
Reported Earnings • Nov 06Second quarter 2024 earnings released: EPS: ₹32.70 (vs ₹16.95 in 2Q 2023)Second quarter 2024 results: EPS: ₹32.70 (up from ₹16.95 in 2Q 2023). Revenue: ₹282.2m (up 195% from 2Q 2023). Net income: ₹20.9m (up 93% from 2Q 2023). Profit margin: 7.4% (down from 11% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.
공시 • Oct 26Welcast Steels Limited to Report Q2, 2024 Results on Nov 04, 2023Welcast Steels Limited announced that they will report Q2, 2024 results on Nov 04, 2023
Upcoming Dividend • Aug 29Upcoming dividend of ₹2.50 per share at 0.3% yieldEligible shareholders must have bought the stock before 05 September 2023. Payment date: 11 October 2023. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (7.4%).
Reported Earnings • Jul 30First quarter 2024 earnings released: EPS: ₹9.23 (vs ₹62.94 in 1Q 2023)First quarter 2024 results: EPS: ₹9.23 (down from ₹62.94 in 1Q 2023). Revenue: ₹196.5m (down 55% from 1Q 2023). Net income: ₹5.89m (down 85% from 1Q 2023). Profit margin: 3.0% (down from 9.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ₹862, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 120% over the past three years.
Reported Earnings • May 22Full year 2023 earnings released: EPS: ₹41.37 (vs ₹7.70 loss in FY 2022)Full year 2023 results: EPS: ₹41.37 (up from ₹7.70 loss in FY 2022). Revenue: ₹946.7m (up 10% from FY 2022). Net income: ₹26.4m (up ₹31.3m from FY 2022). Profit margin: 2.8% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
공시 • May 17+ 1 more updateWelcast Steels Limited, Annual General Meeting, Sep 12, 2023Welcast Steels Limited, Annual General Meeting, Sep 12, 2023, at 10:00 Indian Standard Time.
Valuation Update With 7 Day Price Move • Apr 18Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₹694, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 110% over the past three years.
Reported Earnings • Jan 28Third quarter 2023 earnings released: ₹5.76 loss per share (vs ₹10.45 profit in 3Q 2022)Third quarter 2023 results: ₹5.76 loss per share (down from ₹10.45 profit in 3Q 2022). Revenue: ₹196.9m (down 54% from 3Q 2022). Net loss: ₹3.68m (down 155% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
공시 • Jan 17Welcast Steels Limited to Report Q3, 2023 Results on Jan 25, 2023Welcast Steels Limited announced that they will report Q3, 2023 results on Jan 25, 2023
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. Non-Executive Non-Independent Director Khushali Solanki was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Oct 22Welcast Steels Limited to Report Q2, 2023 Results on Nov 08, 2022Welcast Steels Limited announced that they will report Q2, 2023 results on Nov 08, 2022
공시 • Oct 14Welcast Steels Limited Announces Resignation of Rajendra S. Shah as DirectorWelcast Steels Limited announced that Mr. Rajendra S. Shah (DIN: 00061922), an Independent Director of the Company has resigned from the Board of Directors with effect from October 13, 2022.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹850, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 88% over the past three years.
Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improved over the past weekAfter last week's 22% share price gain to ₹474, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total loss to shareholders of 1.3% over the past three years.
Reported Earnings • Aug 07First quarter 2023 earnings released: EPS: ₹62.94 (vs ₹33.37 loss in 1Q 2022)First quarter 2023 results: EPS: ₹62.94 (up from ₹33.37 loss in 1Q 2022). Revenue: ₹434.6m (up ₹399.4m from 1Q 2022). Net income: ₹40.2m (up ₹61.5m from 1Q 2022). Profit margin: 9.2% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
공시 • Aug 06Welcast Steels Limited, Annual General Meeting, Sep 05, 2022Welcast Steels Limited, Annual General Meeting, Sep 05, 2022.
공시 • Jul 30Welcast Steels Limited to Report Q1, 2023 Results on Aug 06, 2022Welcast Steels Limited announced that they will report Q1, 2023 results on Aug 06, 2022
Reported Earnings • May 29Full year 2022 earnings released: ₹7.70 loss per share (vs ₹28.52 loss in FY 2021)Full year 2022 results: ₹7.70 loss per share (up from ₹28.52 loss in FY 2021). Revenue: ₹859.7m (down 12% from FY 2021). Net loss: ₹4.91m (loss narrowed 73% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
공시 • May 24+ 1 more updateWelcast Steels Limited Appoints Viren Thakkar as Chief Financial OfficerWelcast Steels Limited at its board meeting held on May 23, 2022 appointed Mr. Viren Thakkar as Chief Financial Officer of the company with effect from May 23, 2022.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 7 highly experienced directors. Non-Executive Non-Independent Director Khushali Solanki was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jan 28Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ₹10.45 (down from ₹43.08 in 3Q 2021). Revenue: ₹426.6m (up 121% from 3Q 2021). Net income: ₹6.67m (down 76% from 3Q 2021). Profit margin: 1.6% (down from 14% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.
Reported Earnings • Oct 27Second quarter 2022 earnings released: EPS ₹13.63 (vs ₹38.56 loss in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: ₹171.8m (down 43% from 2Q 2021). Net income: ₹8.70m (up ₹33.3m from 2Q 2021). Profit margin: 5.1% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 04Full year 2021 earnings released: ₹28.52 loss per share (vs ₹4.12 loss in FY 2020)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: ₹979.5m (down 35% from FY 2020). Net loss: ₹18.2m (loss widened ₹15.6m from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 24Full year 2021 earnings released: ₹28.52 loss per share (vs ₹4.12 loss in FY 2020)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: ₹984.1m (down 34% from FY 2020). Net loss: ₹18.2m (loss widened ₹15.6m from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Feb 25New 90-day high: ₹370The company is up 3.0% from its price of ₹359 on 27 November 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 36% over the same period.
Reported Earnings • Feb 08Third quarter 2021 earnings released: EPS ₹43.08 (vs ₹2.31 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₹192.7m (down 53% from 3Q 2020). Net income: ₹27.5m (up ₹29.0m from 3Q 2020). Profit margin: 14% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 87% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
공시 • Jan 23Welcast Steels Limited to Report Q3, 2021 Results on Feb 05, 2021Welcast Steels Limited announced that they will report Q3, 2021 results on Feb 05, 2021
공시 • Nov 03Welcast Steels Limited Provides Update on Closure of Manufacturing OperationsWelcast Steels Limited announced that in the hope of revival of the economy, has decided to continue the Manufacturing Operations at its Industrial Establishment situated at Plot No. 15, Phase-l, Peenya Industrial Area, Bengaluru 560 058 and withdraw its Closure Notices filed, pursuance to Section 25-FFA of the Industrial Dispute Act, 1947 (XIV of 1947) on 31st August, 2020 with the concerned Authorities to close its Industrial Establishment effective from November 2, 2020.
공시 • Oct 18Welcast Steels Limited to Report Q2, 2021 Results on Oct 29, 2020Welcast Steels Limited announced that they will report Q2, 2021 results on Oct 29, 2020
공시 • Sep 01Welcast Steels Limited Announces Permanent Close Down of the Industrial EstablishmentThe Board of Directors of Welcast Steels Limited in their Meeting held on August 31, 2020 have passed a resolution to close down permanently its Industrial Establishment (Factory) located at Plot No.ls, Phase-l, Peenya Industrial Area, Bengaluru - 560 058 after giving 60 days' Notice i.e. with effect from the close of the business hours on 2nd November, 2020.
공시 • Aug 02Welcast Steels Limited to Report Q1, 2021 Results on Aug 08, 2020Welcast Steels Limited announced that they will report Q1, 2021 results on Aug 08, 2020
