Electrosteel Castings Limited

NSEI:ELECTCAST Stock Report

Market Cap: ₹77.2b

Electrosteel Castings Dividends and Buybacks

Dividend criteria checks 5/6

Electrosteel Castings is a dividend paying company with a current yield of 1.42% that is well covered by earnings.

Key information

1.4%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield2.0%
Dividend Growth-13.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share₹1.800
Payout ratio6%

Recent dividend and buyback updates

Electrosteel Castings' (NSE:ELECTCAST) Upcoming Dividend Will Be Larger Than Last Year's

Sep 01
Electrosteel Castings' (NSE:ELECTCAST) Upcoming Dividend Will Be Larger Than Last Year's

Recent updates

Do Electrosteel Castings' (NSE:ELECTCAST) Earnings Warrant Your Attention?

Dec 17
Do Electrosteel Castings' (NSE:ELECTCAST) Earnings Warrant Your Attention?

Calculating The Intrinsic Value Of Electrosteel Castings Limited (NSE:ELECTCAST)

Nov 29
Calculating The Intrinsic Value Of Electrosteel Castings Limited (NSE:ELECTCAST)

₹202: That's What Analysts Think Electrosteel Castings Limited (NSE:ELECTCAST) Is Worth After Its Latest Results

Nov 02
₹202: That's What Analysts Think Electrosteel Castings Limited (NSE:ELECTCAST) Is Worth After Its Latest Results

Electrosteel Castings Limited's (NSE:ELECTCAST) Low P/E No Reason For Excitement

Oct 04
Electrosteel Castings Limited's (NSE:ELECTCAST) Low P/E No Reason For Excitement

Shareholders Would Not Be Objecting To Electrosteel Castings Limited's (NSE:ELECTCAST) CEO Compensation And Here's Why

Aug 17
Shareholders Would Not Be Objecting To Electrosteel Castings Limited's (NSE:ELECTCAST) CEO Compensation And Here's Why

Electrosteel Castings Limited (NSE:ELECTCAST) Shares Fly 28% But Investors Aren't Buying For Growth

Jul 05
Electrosteel Castings Limited (NSE:ELECTCAST) Shares Fly 28% But Investors Aren't Buying For Growth

Is Electrosteel Castings (NSE:ELECTCAST) A Risky Investment?

Jul 03
Is Electrosteel Castings (NSE:ELECTCAST) A Risky Investment?

Should You Be Adding Electrosteel Castings (NSE:ELECTCAST) To Your Watchlist Today?

May 25
Should You Be Adding Electrosteel Castings (NSE:ELECTCAST) To Your Watchlist Today?

A Piece Of The Puzzle Missing From Electrosteel Castings Limited's (NSE:ELECTCAST) 33% Share Price Climb

Apr 13
A Piece Of The Puzzle Missing From Electrosteel Castings Limited's (NSE:ELECTCAST) 33% Share Price Climb

Estimating The Fair Value Of Electrosteel Castings Limited (NSE:ELECTCAST)

Mar 13
Estimating The Fair Value Of Electrosteel Castings Limited (NSE:ELECTCAST)

Electrosteel Castings Limited's (NSE:ELECTCAST) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Jan 20
Electrosteel Castings Limited's (NSE:ELECTCAST) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Is Electrosteel Castings (NSE:ELECTCAST) Using Too Much Debt?

Dec 08
Is Electrosteel Castings (NSE:ELECTCAST) Using Too Much Debt?

Electrosteel Castings' (NSE:ELECTCAST) Upcoming Dividend Will Be Larger Than Last Year's

Sep 01
Electrosteel Castings' (NSE:ELECTCAST) Upcoming Dividend Will Be Larger Than Last Year's

Electrosteel Castings (NSE:ELECTCAST) Will Pay A Larger Dividend Than Last Year At ₹0.90

Aug 17
Electrosteel Castings (NSE:ELECTCAST) Will Pay A Larger Dividend Than Last Year At ₹0.90

Electrosteel Castings (NSE:ELECTCAST) Takes On Some Risk With Its Use Of Debt

Jun 03
Electrosteel Castings (NSE:ELECTCAST) Takes On Some Risk With Its Use Of Debt

Electrosteel Castings' (NSE:ELECTCAST) Solid Profits Have Weak Fundamentals

May 18
Electrosteel Castings' (NSE:ELECTCAST) Solid Profits Have Weak Fundamentals

Electrosteel Castings (NSE:ELECTCAST) Has A Somewhat Strained Balance Sheet

Jan 23
Electrosteel Castings (NSE:ELECTCAST) Has A Somewhat Strained Balance Sheet

Electrosteel Castings (NSE:ELECTCAST) Is Reducing Its Dividend To ₹0.25

Aug 13
Electrosteel Castings (NSE:ELECTCAST) Is Reducing Its Dividend To ₹0.25

Know This Before Buying Electrosteel Castings Limited (NSE:ELECTCAST) For Its Dividend

Apr 30
Know This Before Buying Electrosteel Castings Limited (NSE:ELECTCAST) For Its Dividend

The Electrosteel Castings (NSE:ELECTCAST) Share Price Has Gained 48% And Shareholders Are Hoping For More

Feb 24
The Electrosteel Castings (NSE:ELECTCAST) Share Price Has Gained 48% And Shareholders Are Hoping For More

Should You Buy Electrosteel Castings Limited (NSE:ELECTCAST) For Its Dividend?

Jan 20
Should You Buy Electrosteel Castings Limited (NSE:ELECTCAST) For Its Dividend?

Electrosteel Castings (NSE:ELECTCAST) Seems To Be Using A Lot Of Debt

Dec 16
Electrosteel Castings (NSE:ELECTCAST) Seems To Be Using A Lot Of Debt

Electrosteel Castings (NSE:ELECTCAST) Shareholders Booked A 55% Gain In The Last Year

Nov 11
Electrosteel Castings (NSE:ELECTCAST) Shareholders Booked A 55% Gain In The Last Year

Does Electrosteel Castings' (NSE:ELECTCAST) Returns On Capital Reflect Well On The Business?

Oct 03
Does Electrosteel Castings' (NSE:ELECTCAST) Returns On Capital Reflect Well On The Business?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: ELECTCAST's dividend payments have been volatile in the past 10 years.

Growing Dividend: ELECTCAST's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Electrosteel Castings Dividend Yield vs Market
How does ELECTCAST dividend yield compare to the market?
SegmentDividend Yield
Company (ELECTCAST)1.4%
Market Bottom 25% (IN)0.2%
Market Top 25% (IN)1.2%
Industry Average (Building)0.5%
Analyst forecast (ELECTCAST) (up to 3 years)2.0%

Notable Dividend: ELECTCAST's dividend (1.42%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).

High Dividend: ELECTCAST's dividend (1.42%) is in the top 25% of dividend payers in the Indian market (1.18%)


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (6.3%), ELECTCAST's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (23.4%), ELECTCAST's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/16 15:46
End of Day Share Price 2025/01/16 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Electrosteel Castings Limited is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bhavesh ChauhanAngel Broking Private Limited
Sailesh RajaBatlivala & Karani Securities India Pvt. Ltd.
null nullCRISIL Research