NSE: STEELCAS · BSE: 513517 · ISIN INE124E01038
Steelcast Limited stock analysis
Steelcast Limited ranks #718 in the TickerSutra evidence-ranked universe with a score of 61/100 and 95% data confidence. The latest captured fundamentals show ROCE of 32.3%, quarterly sales growth of 17.0% and quarterly profit growth of 19.3%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 32.3%
- Low debt/equity of 0×
- Institutional ownership is rising
- CWIP indicates an active capacity pipeline
Risks and constraints
- No calculated threshold risk in the current snapshot.
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹302cr | ₹64cr | ₹33cr | 21.0% |
| 2023 | ₹477cr | ₹114cr | ₹71cr | 24.0% |
| 2024 | ₹410cr | ₹117cr | ₹75cr | 29.0% |
| 2025 | ₹373cr | ₹103cr | ₹72cr | 28.0% |
| 2026 | ₹423cr | ₹114cr | ₹87cr | 27.0% |
| TTM | ₹441cr | ₹119cr | ₹91cr | 27.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Intimation of Analyst / Institutional Investor meeting under the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015
RoutineTrading WindowBSE · 25 Sept 2026Steelcast Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
RoutineSteelcast Ltd - 513517 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationBSE · 22 Sept 2026Intimation of Analyst / Institutional Investor meeting under the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015
RoutineAnalyst/Investor Meet Para A-XBRLNSE · 19 Sept 2026 · Structured filingSTEELCAST LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet
STEELCAST LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet
Open original XBRL sourceIntimation of Analyst / Institutional Investor meeting under the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015
MANAGEMENT COMMENTARY
Signals from filed documents
The ongoing transition towards electricity-based systems, in addition to greater adoption of renewable energy, will further strengthen operational resilience and help mitigate the impact of external geopolitical volatility on margins. Resilient Export Execution Despite tariff-related uncertainties and geopolitical disruptions across key export markets, we strengthened our export business by leveraging long-standing O
Both projects are progressing and are expected to be commissioned before 31st December '26. Simultaneously to cater to growing market demand and enhance our manufacturing capabilities, the Board has approved the establishment of Greenfield Foundry with a capacity of 8,500 tons. This facility will manufacture steel castings across a wide range of applic ations from 5 kg to 1,000 kg and involve a planned investment of
Performance was supported by structural levers including forex gains of INR 8.46 Crores followed by procurement efficiencies and cost optimisation initiatives. We continue to maintain a sustainable EBITDA margin range of approximately 30% and a return on capital employed approximately 29%, underscoring the strength, scalability, and resilience of our operating model. During the year, we strengthened our product portf
This shift is expected to enhance export opportunities for Indian foundries and strengthen India’s position in global manufacturing value chains. At the same time, evolving global trade dynamics and relatively favourable trade relations between India and several major economies continue to support export growth for Indian manufacturers. As global customers seek reliable and diversified sourcing partners, Steelcast is
The major will come now effective 1st of July. But probably the improvement in margins is because of scale , which was higher volumes. So, as I said earlier, the operating leverage will kick in once volumes grow.
Built on consistency and technical partnership, our approach enables us to scale across geographies and sectors, positioning Steelcast as an integral contributor within the global OEM value chain. Excellence Drivers – Sales & Marketing Corporate OverviewStatutory ReportsFinancial Statements Annual Report 2025-26 35 Corporate OverviewStatutory ReportsFinancial Statements Corporate OverviewStatutory ReportsFinancial St
Workforce efficiency improved through streamlined operations and stronger process integration. Strategic investments in CNC machines and advanced tooling further elevated precision, reduced turnaround times and supported our ability to handle complex products. At the same time, product development accelerated with a pipeline of 63 parts, including 38 new additions in FY 2025-26, strengthening future growth visibility
With increase in the input cost of various raw materials and natural gas, we would be having price correction on upward basis, and this will be effective 1st July '27. In the end, I would like to state that as communi cated to you in the previous quarter, we remain confident in our ability to sustain growth momentum, maintain healthy profitability and deliver long-term value creation, targeting a growth trajectory of
The Company is therefore strengthening its operational practices and adopting more efficient technologies to align with emerging sustainability expectations. In addition, the Company remains mindful of customer concentration risks, supply chain disruptions, technological changes and cyber security threats. Robust internal controls, information security systems and operational monitoring mechanisms have been implement
Steelcast has received new product development orders from existing customers in the United States and has also developed new customers in Australia, which is expected to support growth in this segment. Sales for FY 2025–26 stood at `137 Lakhs, compared with ` 167 Lakhs in FY 2024–25, and are expected to increase in the coming years as new programs move into commercial production. Transport and Heavy Engineering Stee
But probably the improvement in margins is because of scale , which was higher volumes. So, as I said earlier, the operating leverage will kick in once volumes grow. And to answer your -- this peak question of the revenue potential from the new facility, it will be about INR300 crores.
Innovations in casting techniques are enabling manufacturers to produce complex components with improved quality and reduced material waste. Growing Adoption of Recycled Metals Increasing environmental awareness and rising raw material costs are encouraging the use of recycled metals in casting processes. Recycling metals significantly reduces energy consumption and carbon emissions compared to producing virgin mater
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
DIRECTOR & BUSINESS NETWORK
Loading corporate intelligence
Loading universe coverage and exchange-backed evidence…