Electrosteel Castings Limited share price

NSE: ELECTCAST · ISIN INE086A01029

Key numbers

Market cap
₹ 4,472 Cr
Current price
₹ 72.34
52-week high / low
₹ 99 / 60
Stock P/E
37.1
Book value
₹ 95.8
Dividend yield
1.24%
ROCE
4.5%
ROE
2.8%
Debt to equity
0.26
Sales growth (3 yrs)
-6.7%
Profit growth (3 yrs)
-20.0%
1-year return
-26.2%

About Electrosteel Castings Limited

Electrosteel Castings Limited manufactures and supplies ductile iron (DI) pipes, ductile iron fittings (DIF) and accessories, and cast iron (CI) pipes in India and internationally. The company provides ductile iron pipes and fittings which 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 fire-fighting 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, trenchless application, and protective piping under carriageways; ductile iron flange pipes used for temporary, over-ground and exposed installations, vertical pipelines, interconnection and connection for accessories, and as a restrained joint application; and ductile iron restrained joint pipes. It also offers cast iron pipes, metallurgical coke, sinter, sponge iron, ferro…

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,5581,3961,4721,4931,426
Operating profit170933462100
Net profit8978-221648
EPS (₹)1.441.27-0.350.260.78

Concall summary (2026-08-12)

AI summary of the earnings call transcript · tone: Neutral · source document

Guidance & outlook

  • 44,000 crores and the Pa rbati-Kalisindh-Chambal Link project bet ween Madhya Pradesh and Rajasthan, which is also expected to commence shortly with project value being around Rs.
  • There are many other such schemes upcoming which are expected to benefit the Ductile Iron pipe industry in the long term.

Growth & demand

  • 1,300 crores for the modernization of irrigation water distribution systems through underground pressurized pipeline networks.
  • During the quarter, T.I.S. delivered EUR 10 million in revenue, representing a sequential growth of 18.4% over the previous quarter with EBITDA margins improving to the mid -teens.

Margins & costs

  • 1,100 crore and we are focusing on optimization, utilization of the funds.
  • The EBITDA margin was around 13% for the first quarter.

Capex & expansion

  • We are also strengthening our position across the water infrastructure value chain through the acquisition of T.I.S.
  • 100 crores, wherein we will add capacity by 17,000 kiloliters.

Balance sheet & cash

  • During this year, we implemented a broad -based structural cost optimization program across our operations, strengthening operating efficiencies and creating a more competitive cost base that will support profitability and operating leverage as volumes recover.
  • At consolidated level, gross debt and net debt as on 30th June 2026 stood at Rs.

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