Electrosteel Castings Ltd (ELECTCAST) — shareholding pattern, promoter holding, financials and share price
About Electrosteel Castings Ltd (ELECTCAST)
Electrosteel Castings Ltd operates in the Iron & Steel Products industry, within the Capital Goods sector. It trades on the NSE as ELECTCAST and on the BSE under scrip code 500128. Its ISIN is INE086A01029.
Electrosteel Castings is engaged in the business of manufacturing Ductile Iron (DI) Pipes, Ductile Iron Fittings (DIF), Cast Iron (CI) Pipes and produces and supplies Pig Iron. [1] [2]
Electrosteel Castings Limited is a leading manufacturer of Ductile Iron pipes and fittings, primarily serving the water infrastructure sector. The company has made a significant acquisition of T.I.S. Service S.p.A., an Italian valve manufacturer, enhancing their product offerings in water infrastructure. They have demonstrated a strong track record of capacity expansion, with plans to increase their pipe production capabilities to over 10 lakh TPA. Despite the domestic market's challenges, Electrosteel has strengthened its export presence, showcasing resilience in diverse international markets.
The company reported a considerable decline in quarterly revenue and profit due to temporary delays in government schemes. However, they anticipate improvement as water infrastructure funding resumes. Electrosteel is strategically expanding its capacity and technology through acquisitions to better serve the growing demands of the global water infrastructure market.
Listed peers in Iron & Steel Products: Aeroflex Industries Ltd, Goodluck India Ltd, Bansal Wire Industries Ltd, Shivalik Bimetal Controls Ltd, Man Industries (India) Ltd, Kalyani Steels Ltd.
Valuation & Returns
10 Jul 2026At ₹77.54 a share on 10 Jul 2026, Electrosteel Castings Ltd (ELECTCAST) was valued at a price-to-earnings ratio of 29.68x against an industry P/E of 37x and a price-to-book of 0.83x on a book value of ₹93.53 per share as of Mar 2025. Solomo computes return on equity of 2.79% and return on capital employed of 4.59% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 29.68x
- Industry P/E
- 37x
- P/B
- 0.83x
- EPS (TTM)
- ₹2.61
- Book value / share
- ₹93.53
- ROE
- 2.79%
- ROCE
- 4.59%
- ROA
- 1.67%
- Debt / equity
- 0.37x
- Dividend yield
- 1.81%
- EBITDA margin
- 9.04%
- 52-week range
- ₹60.15 – ₹127.57
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Electrosteel Castings Ltd (ELECTCAST) reported revenue of ₹5,918 crore, net profit of ₹161 crore and earnings per share of ₹2.61. That compares with revenue of ₹7,320 crore and net profit of ₹710 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹1,493 crore and net profit ₹16 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 5,281 | 7,276 | 7,478 | 7,320 | 5,918 |
| Net profit (₹ cr) | 348 | 316 | 740 | 710 | 161 |
| EPS (₹) | 5.84 | 5.31 | 11.97 | 11.48 | 2.61 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 14.36% | 22.16% | 10.39% | -2.11% |
| Profit growth | 32.68% | 48.51% | 29.80% | -4.11% |
| Stock price CAGR | 14% | 15% | 8% | -37% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 50.13% of Electrosteel Castings Ltd (ELECTCAST) (unchanged from the previous quarter), foreign institutional investors (FII) hold 12.8% and domestic institutional investors (DII) hold 0.36%. Promoters have pledged 10.5% of their holding. Market capitalisation was ₹4,793 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2001.
Largest disclosed public shareholders in Jun 2026: BELGRAVE INVESTMENT FUND 5.54%, RESONANCE OPPORTUNITIES FUND 2.01%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 50.13% | 10.5% | 12.8% | 0.36% | 49.87% |
| Mar 2026 | 50.13% | 10.5% | 15.73% | 0.23% | 49.87% |
| Dec 2025 | 46.21% | 11.4% | 19.39% | 0.24% | 53.79% |
| Sep 2025 | 46.21% | 11.4% | 19.25% | 0.24% | 53.79% |
| Jun 2025 | 46.21% | 11.4% | 20.27% | 0.2% | 53.79% |
| Mar 2025 | 46.21% | 11.4% | 20.06% | 0.62% | 53.79% |
| Dec 2024 | 46.21% | 11.4% | 19.91% | 0.61% | 53.79% |
| Sep 2024 | 46.21% | 11.4% | 19.73% | 1.98% | 53.79% |