Electrosteel Castings Limited manufactures and supplies ductile iron (DI) pipes, DI fittings and accessories, and cast iron (CI) pipes in India and internationally.
Electrosteel Castings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹36.30|
|52 Week High||₹17.90|
|52 Week Low||₹44.20|
|1 Month Change||-6.08%|
|3 Month Change||-1.89%|
|1 Year Change||101.67%|
|3 Year Change||91.05%|
|5 Year Change||29.41%|
|Change since IPO||1,749.68%|
Recent News & Updates
|500128||IN Building||IN Market|
Return vs Industry: 500128 underperformed the Indian Building industry which returned 148.1% over the past year.
Return vs Market: 500128 exceeded the Indian Market which returned 68.3% over the past year.
Stable Share Price: 500128 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 500128's weekly volatility (6%) has been stable over the past year.
About the Company
Electrosteel Castings Limited manufactures and supplies ductile iron (DI) pipes, DI fittings and accessories, and cast iron (CI) pipes in India and internationally. It offers DI pipes, such as DI socket and spigot pipes with push-on joints and DI flanged pipes; and DI fittings, including various socketted DI fittings with push-on joints, various flanged DI fittings, DI fittings with push-on type restrained joints, DI mechanical joint fittings with rubber gaskets and follower glands, and fabricated and custom made DI fittings. The company’s DI pipes are used in various applications, including raw and clear water transmission; distribution network of potable water; water supply for industrial/process plants; ash-slurry handling and disposal systems; on-shore and off-shore firefighting systems; desalination plants; sewerage and waste water force mains; gravity sewerage collection and disposal systems; storm water drainage piping; domestic and industrial disposal systems; recycling systems; piping work in water and sewage treatment plants; vertical connection to utilities and reservoirs; piling for ground stabilization; and protective piping under carriage-ways.
Electrosteel Castings Fundamentals Summary
|500128 fundamental statistics|
Is 500128 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|500128 income statement (TTM)|
|Cost of Revenue||₹19.84b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-1.45|
|Net Profit Margin||-1.48%|
How did 500128 perform over the long term?See historical performance and comparison
0.7%Current Dividend Yield
Is Electrosteel Castings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 500128 (₹36.3) is trading below our estimate of fair value (₹94.93)
Significantly Below Fair Value: 500128 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 500128 is unprofitable, so we can't compare its PE Ratio to the Indian Building industry average.
PE vs Market: 500128 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 500128's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 500128 is good value based on its PB Ratio (0.5x) compared to the IN Building industry average (2x).
How is Electrosteel Castings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Electrosteel Castings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Electrosteel Castings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500128 is currently unprofitable.
Growing Profit Margin: 500128 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 500128 is unprofitable, and losses have increased over the past 5 years at a rate of 55.6% per year.
Accelerating Growth: Unable to compare 500128's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 500128 is unprofitable, making it difficult to compare its past year earnings growth to the Building industry (113.4%).
Return on Equity
High ROE: 500128 has a negative Return on Equity (0.42%), as it is currently unprofitable.
How is Electrosteel Castings's financial position?
Financial Position Analysis
Short Term Liabilities: 500128's short term assets (₹30.3B) exceed its short term liabilities (₹20.7B).
Long Term Liabilities: 500128's short term assets (₹30.3B) exceed its long term liabilities (₹13.5B).
Debt to Equity History and Analysis
Debt Level: 500128's debt to equity ratio (56.9%) is considered high.
Reducing Debt: 500128's debt to equity ratio has reduced from 88.3% to 56.9% over the past 5 years.
Debt Coverage: 500128's debt is well covered by operating cash flow (21.7%).
Interest Coverage: 500128's interest payments on its debt are not well covered by EBIT (2.9x coverage).
What is Electrosteel Castings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500128's dividend (0.69%) is higher than the bottom 25% of dividend payers in the Indian market (0.33%).
High Dividend: 500128's dividend (0.69%) is low compared to the top 25% of dividend payers in the Indian market (1.35%).
Stability and Growth of Payments
Stable Dividend: 500128's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500128's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: 500128 is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sunil Katial (64 yo)
Mr. Sunil Katial serves as Whole Time Director at Electrosteel Castings Limited since April 1, 2020 and as its Chief Executive Officer since January 29, 2019. He serves as Executive Director of Works at Ut...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Sunil's total compensation is reasonable compared to companies of similar size in the Indian market.
Compensation vs Earnings: Sunil's compensation has increased whilst the company is unprofitable.
Experienced Management: 500128's management team is considered experienced (2.2 years average tenure).
Experienced Board: 500128's board of directors are seasoned and experienced ( 10.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Electrosteel Castings Limited's employee growth, exchange listings and data sources
- Name: Electrosteel Castings Limited
- Ticker: 500128
- Exchange: BSE
- Founded: 1955
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: ₹15.716b
- Shares outstanding: 432.95m
- Website: https://www.electrosteelcastings.com
Number of Employees
- Electrosteel Castings Limited
- G.K. Tower
- 19 Camac Street
- West Bengal
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 12:02|
|End of Day Share Price||2021/10/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.