Electrosteel Castings Q3 FY26 results (Oct–Dec 2025) and concall

Capital Goods · Concall AI · Call held 10 Feb 2026

Company page: Electrosteel Castings share price, financials & guidance record

Electrosteel Castings faced significant headwinds in Q3 FY26, with sales volumes and profitability declining due to a subdued domestic market and lower realizations. However, strong export performance and effective debt management provided some resilience. The company remains optimistic about a gradual recovery in the DI pipe sector, driven by anticipated government fund releases for JJM and strategic diversification into the valve business.

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What they filed

Q3 FY26: revenue down 17.3%, net profit down 113.8% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26
Revenue	1,828	1,780	1,701	1,558	1,396 −24%	1,472 −17%
Expenses	1,560	1,525	1,541	1,387	1,303	1,438
EBITDA	268	255	160	170	93 −65%	34 −87%
Margin	15%	14%	9%	11%	7%	2%
Other income	21	39	39	28	95	16
Interest	40	45	35	36	38	37
Depreciation	36	37	37	41	43	45
Profit before tax	212	213	126	121	107 −50%	-32 −115%
Tax rate	27%	25%	-33%	27%	27%	-31%
Net profit	155	160	168	89	78 −50%	-22 −114%
EPS	2.51	2.59	2.72	1.44	1.27	-0.35

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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