Company Overview
Steelcast Limited manufactures and sells steel and alloy castings in India. The company offers adapter and tooth point, front axle spindle, axle housing, component for backhoe loader, track shoe, cross member, tilt lever, spindle, sprocket, steering case, lift arm, drive tube, saddle, and support; apron pan assembly, cutting edge, idler, rack and pinion, fork type corner tooth, box type tooth point, tooth point and adapter, countinuos drag chain, deck panel, jaw plate, bowl liner, cutter, track shoe assembly, hammer, ring hammer, linkage, bearing support, tri power hub, track link, and bowl and mantle; and side frame, coupler body, and bolster. It also provides grate bar; blow bar, cooler grate plate, zet ring, drag chain link, hammer, chamber shell liner, diaphragm plate, cement mill liner, inside view of cement mill, and cooler plate and segmental tip, as well as grinding segment, roller, tyre, and table segment; and guide vane, hollow ball, plain and toothed ring hammer, turbine body casing, and grinding roller. In addition, the company offers valve body, bonnet, yoke, wedge, and pump-body casing and impeller, and wedge; pressure plate, support coil, bearing housing, cylinder head, and commercial chamber; centre wheel; body casing equipment; anchor and shank assembly, and segment feede; and car shredding hammer, gate valve, deflector, fifth wheel, impeller, plastic injection mold plate, steel back tyre, and suction guide. It serves its products for earth moving, mining and mineral processing, railway, steel plants, cement, energy, valves and pumps, electro locomotive, aerobridge, oil exploration, shipping, and general engineering industries. It also exports its products in Germany, the United States, Thailand, Singapore, Mexico, Brazil, Denmark, Slovakia, Poland, South Korea, Japan, China, Australia, Israel, and Canada. The company was founded in 1960 and is headquartered in Bhavnagar, India.
Why Investors Should Care
Generates a return on equity of 22.0%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 28.6%.
Maintains a net profit margin of 20.8%.
Carries low leverage with a debt-to-equity ratio of 0.00.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹417.35 Cr (+13.2% YoY); net profit ₹86.86 Cr.
- Trailing 12 Months Year-on-year growth — revenue +13.2%, earnings +20.3%.
- 5-Year Trend Long-term compounding — revenue CAGR -3.5%, profit CAGR 7.2%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -3.50% |
| 1 Year: | 13.18% |
Compounded Profit Growth
| 5 Years: | 7.19% |
| 1 Year: | 20.31% |
Stock Price Performance
| 1 Year: | +26.88% |
| 6 Months: | +39.55% |
| 3 Months: | +6.51% |
| 1 Month: | +4.49% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)51.32 · Neutral
P/E of 42.41 is above the sector median of 27.45 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 22.0%.
- Healthy ROCE of 28.6%.
- Excellent profit margin of 20.8%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Revenue declined at -3.5% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Basic Materials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | STEELCAS Steelcast Limited NSEINFRA | 302.35 | 42.41 | ₹3,059.78 Cr | 0.69% | 28.56% | 21.99% | -3.50% | 7.19% |
| 2 | ULTRACEMCO UltraTech Cement Limited NIFTY50NSEINFRA | 11,659.00 | 56.84 | ₹3.44 L Cr | 0.66% | 11.90% | 10.66% | 12.40% | 17.26% |
| 3 | JSWSTEEL JSW Steel Limited NIFTY50NSEAIINFRA | 1,244.70 | 86.92 | ₹3.04 L Cr | 0.57% | 18.75% | 22.30% | 3.61% | 75.28% |
| 4 | ASIANPAINT Asian Paints Limited NIFTY50NSEINFRA | 2,675.50 | 59.31 | ₹2.57 L Cr | 1.03% | 24.41% | 20.24% | 1.10% | 1.75% |
| 5 | TATASTEEL Tata Steel Limited NIFTY50NSEAIINFRA | 187.67 | 21.70 | ₹2.34 L Cr | 2.09% | 11.32% | 10.56% | -1.59% | 7.21% |
| 6 | HINDZINC Hindustan Zinc Limited NSEINFRA | 532.50 | 16.26 | ₹2.25 L Cr | 3.91% | 61.97% | 61.13% | 5.61% | 9.58% |
| 7 | HINDALCO Hindalco Industries Limited NIFTY50NSEAIINFRA | 963.55 | 16.01 | ₹2.17 L Cr | 0.52% | 9.42% | 9.80% | 7.10% | 9.87% |
| 8 | GRASIM Grasim Industries Limited NIFTY50NSEINFRA | 3,133.10 | 56.45 | ₹2.13 L Cr | 0.31% | 4.00% | 4.80% | 14.63% | -10.06% |
| 9 | VAML Vedanta Aluminium Metal Limited NSEINFRA | 452.95 | inf | ₹1.77 L Cr | 0.00% | 41.97% | 49.39% | - | -46.32% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 120.09 Cr | 106.69 Cr | 106.65 Cr | 97.40 Cr | 112.43 Cr |
| Cost of Revenue | 65.11 Cr | 62.00 Cr | 58.93 Cr | 52.48 Cr | 64.82 Cr |
| Gross Profit | 54.98 Cr | 44.68 Cr | 47.72 Cr | 44.92 Cr | 47.61 Cr |
| Operating Expenses | 20.48 Cr | 20.59 Cr | 20.68 Cr | 20.70 Cr | 21.67 Cr |
| Operating Income | 34.51 Cr | 24.09 Cr | 27.04 Cr | 24.22 Cr | 25.94 Cr |
| EBITDA | 39.41 Cr | 30.02 Cr | 34.17 Cr | 31.21 Cr | 34.25 Cr |
| Interest Expense | 27.62 L | 15.47 L | 4.00 L | 3.50 L | 3.10 L |
| Pretax Income | 36.08 Cr | 26.66 Cr | 30.95 Cr | 27.89 Cr | 30.99 Cr |
| Tax Provision | 9.32 Cr | 6.78 Cr | 7.74 Cr | 7.30 Cr | 7.81 Cr |
| Net Income | 26.77 Cr | 19.88 Cr | 23.21 Cr | 20.59 Cr | 23.18 Cr |
| Diluted EPS | 2.64 | 1.96 | 2.29 | 2.03 | 2.29 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 464.36 Cr | 400.75 Cr | 368.75 Cr | 417.35 Cr |
| Cost of Revenue | - | 308.63 Cr | 236.42 Cr | 206.58 Cr | 238.23 Cr |
| Gross Profit | - | 155.74 Cr | 164.33 Cr | 162.18 Cr | 179.12 Cr |
| Operating Expenses | - | 66.50 Cr | 68.07 Cr | 68.93 Cr | 77.35 Cr |
| Operating Income | - | 89.23 Cr | 96.26 Cr | 93.25 Cr | 101.77 Cr |
| EBITDA | - | 115.79 Cr | 119.88 Cr | 110.52 Cr | 129.64 Cr |
| Interest Expense | - | 3.13 Cr | 1.03 Cr | 65.00 L | 26.07 L |
| Pretax Income | - | 94.52 Cr | 100.93 Cr | 97.33 Cr | 116.48 Cr |
| Tax Provision | - | 24.00 Cr | 25.93 Cr | 25.13 Cr | 29.62 Cr |
| Net Income | - | 70.52 Cr | 75.00 Cr | 72.20 Cr | 86.86 Cr |
| Diluted EPS | 3.29 | 6.97 | 7.41 | 7.13 | - |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 305.04 Cr | 323.65 Cr | 389.36 Cr | 460.20 Cr |
| Current Assets | - | 147.81 Cr | 165.62 Cr | 208.05 Cr | 260.70 Cr |
| Cash & Equivalents | - | 25.45 L | 51,000 | 1.17 L | 1.35 Cr |
| Inventory | - | 50.91 Cr | 32.30 Cr | 42.96 Cr | 40.82 Cr |
| Receivables | - | 76.64 Cr | 93.32 Cr | 97.51 Cr | 108.25 Cr |
| Total Liabilities | - | 89.84 Cr | 54.03 Cr | 63.48 Cr | 65.18 Cr |
| Current Liabilities | - | 81.61 Cr | 44.40 Cr | 51.93 Cr | 51.39 Cr |
| Long Term Debt | 0 | - | - | - | - |
| Total Debt | - | 23.65 Cr | 8.32 L | 4.55 L | 0 |
| Total Equity | - | 215.21 Cr | 269.62 Cr | 325.87 Cr | 395.02 Cr |
| Shares Outstanding | - | 10.12 Cr | 10.12 Cr | 10.12 Cr | 10.12 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 107.34 Cr | 81.92 Cr | 75.42 Cr | 86.44 Cr |
| Investing Cash Flow | - | -53.16 Cr | -37.54 Cr | -59.24 Cr | -67.48 Cr |
| Financing Cash Flow | - | -54.04 Cr | -44.63 Cr | -16.17 Cr | -17.61 Cr |
| Capital Expenditure | - | -56.20 Cr | -17.81 Cr | -18.52 Cr | -32.53 Cr |
| Free Cash Flow | - | 51.14 Cr | 64.11 Cr | 56.90 Cr | 53.90 Cr |
| Net Change in Cash | - | 13.76 L | -24.93 L | 66,000 | 1.34 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 33.5% | 41.0% | 44.0% | 42.9% |
| Operating Margin % | - | 19.2% | 24.0% | 25.3% | 24.4% |
| Net Margin % | - | 15.2% | 18.7% | 19.6% | 20.8% |
| ROE % | - | 32.8% | 27.8% | 22.2% | 22.0% |
| ROCE % | - | 39.9% | 34.5% | 27.6% | 24.9% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for STEELCAS
HNI, Steelcase release preliminary merger election totals - Quad Cities Business Journal
<a href="https://news.google.com/rss/articles/CBMikgFBVV95cUxOQkd3X1FyQTV2SG5nRFVZRTRBdWoybm1vRFNHbnB4YjY3UllndUhYOWJWRlRsU1RRbVJ3OWVvUFV3OG5IbHRDdnE0eE51OFpNUnBNanZZcWI5Qk00MjdfSXNvY1pqSi00ZWdJVUFmUEY0NXBVTHp2OU5JazRmeUJNMkx1NFY5dVZUY3pzUk…
HNI Corporation Q1 Preview: Steelcase Integration Needs To Show It Was Worth It (NYSE:HNI) - Seeking Alpha
<a href="https://news.google.com/rss/articles/CBMiuwFBVV95cUxOc1BRVGFQMVBWQ2xoZjg0UktRcHhpQTFoMzctNFVxbnowWWw5eHpja1pOazdYVVBpUm5oS3RVNlBmQ01BdmxuVTk4WE1ublMzbGdWZ1NCVW16MFU0T25HcDZ1NWN3RzMwWE1KYXF4eG93V1dFTG12TGRGUFpNaE92Tkg2VU5GcXVxOXNQcW…
Shareholders approve HNI acquisition of Steelcase - Woodworking Network
<a href="https://news.google.com/rss/articles/CBMisgFBVV95cUxOU3l6a3pocktIOWhud2x6OUxJbjFFTHBSYi15cnc3WUVFZ1g0aWxiaUh3d2NESm5NdnZVVm1Db19tQW9WaWFwUkFWS1J2QUh2UG1GWkpfWkR1RzU1Z21ESVUtRHpuTDAzZllkWDFYSXJwckRFYm5tNFhJM0JlZ0JYTDRRb3A5MVd2U2tySF…
HNI Corporation and Steelcase Inc. Shareholders Approve Proposals in Connection with HNI’s Proposed Acquisition of Steelcase; Closing Date Anticipated to Be December 10, 2025 - Business Wire
<a href="https://news.google.com/rss/articles/CBMizAJBVV95cUxQWE03YlVTcGtGaFFfanpHV21MMk1HNzVnaDBYbGM3R1hITGhiTFhrUDFfRHUxZGJkMGRwU1VfMVJzRnZsd0pVbmdUTHM4WjJBeklSMC1zR1NkZ3BWWkU3SDFIMHgycS1pYVhycXdUNVVkaGdoNVZGUFNlQTktMTIxWDZ5VkJYSjM5Q2ROS3…
Steelcase shareholders approve $2.2B sale to rival HNI Corp. - Crain's Grand Rapids Business
<a href="https://news.google.com/rss/articles/CBMisgFBVV95cUxOVnlZMDJWWnd0djFLdk1qSjZycTlJTG41N1JRVjNWanVsb0pxdlE0aXpBdnNlWG9jRlkxTVYtbERCUTl6dFNfaDJjNHF4SjBUdEI1QTNwbWVEcXBZQkkzTHJtcjhsZnAxcmMwRDhBOFhNMFprSG50LS0tTl9RWnVqb05JQWZuMG5UV3hyZE…
HNI Corporation Announces Agreement to Acquire Steelcase in Cash and Stock Transaction - Quiver Quantitative
<a href="https://news.google.com/rss/articles/CBMiuwFBVV95cUxPVjdQdDhwNld2TnVtQkJjZlhqU21hNGd4UmlfS1VCQ3E2ZVNyWlVGT2VaNG5TWFA2SEllMC1FTzVRVGxEdG54TVp5UHRWQWFzRzNDYWxvaUlhZzlBTWM3dDVyYjltOXNhWHR6MjhVVmxMNW4yWlBBbFJsVHpmMDBWNEw1UWtIelhiSHFibT…
STEELCAS — Frequently Asked Questions
What is the current share price of Steelcast Limited (STEELCAS)?
As of 2026-07-15 09:52 IST, Steelcast Limited (STEELCAS) trades at ₹302.35 on NSE. Its 52-week range is ₹182.01 to ₹320.40.
What is the market capitalisation of STEELCAS?
Steelcast Limited (STEELCAS) has a market capitalisation of ₹3,059.78 Cr on NSE.
What is the P/E ratio of STEELCAS?
STEELCAS trades at a trailing price-to-earnings (P/E) ratio of 42.41. The industry average P/E is 27.45. Its price-to-book (P/B) ratio is 7.92.
Does STEELCAS pay a dividend?
Steelcast Limited (STEELCAS) currently offers a dividend yield of 0.69%.
What is the return on equity (ROE) of STEELCAS?
STEELCAS has a return on equity (ROE) of 21.99%. Its return on capital employed (ROCE) is 28.56%.
Is STEELCAS a good stock to buy?
This page provides a data-driven analysis of Steelcast Limited (STEELCAS), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.