517449

Magna Electrocas financials

Market cap
₹592 Cr
Sector
Capital Goods

What Magna Electrocas does

Magna Electro Castings Limited manufactures and sells SG (spheroidal graphite) ductile iron and grey iron castings from its factory in Kinathukkadavu Taluk, Coimbatore, Tamil Nadu, where it has been in commercial production since 30th January 1995. The company also has a related machining operation for finishing cast components and is commissioning a new Third Moulding Line to add casting capacity. It runs captive wind power generation (three windmills across Pollachi and Palani taluks) and a captive solar installation in Sivaganga District to support its manufacturing operations.

Segments

  • Castings (SG Ductile Iron & Grey Iron)
  • Machining
  • Wind Energy
  • Solar Energy
Manufacturing facility
1 factory (Kinathukkadavu Taluk, Coimbatore, Tamil Nadu)
Core products
SG Ductile Iron & Grey Iron castings
Capacity expansion
New Third Moulding Line under commissioning
Captive wind power
3 windmills (Pollachi & Palani taluks, Tamil Nadu)
Captive solar power
Captive-use installation (Pillur & Kovanur villages, Sivaganga District, Tamil Nadu)
In commercial production since
1995
Headquarters Coimbatore, Tamil Nadu Company website

Quarterly results

Q1 FY27: revenue up 4.7%, net profit down 44.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue46 43 46 49 52 +15%48 +11%48 +5%51 +5%
EBITDA10 7 7 10 9 −3%7 −1%7 −12%7 −24%
Net profit7 5 5 7 5 −19%4 −23%3 −45%4 −44%
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.

Performance +29.1% 1Y

₹0.8k₹1.0k₹1.2k₹1.4kSept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹1,083.2 on 10 Sept 2025 → ₹1,398.8. High ₹1,450 (9 Sept 2026), low ₹741.45 (2 Feb 2026).

Financials, as filed

Revenue grew 6.1% a year over 3 years, FY23 to FY26. Operating margin widened to 16.9%.

Year endingFY23FY24FY25FY26
Revenue₹165 Cr₹144 Cr₹176 Cr₹196 Cr
Operating profit₹26 Cr₹23 Cr₹34 Cr₹33 Cr
Operating margin15.6%16.3%19.4%16.9%
Interest₹0 Cr₹0 Cr₹0 Cr₹1 Cr
Depreciation₹6 Cr₹4 Cr₹5 Cr₹9 Cr
Net profit₹17 Cr₹15 Cr₹23 Cr₹18 Cr
Net margin10.4%10.5%13.1%9.4%
Cash from operations₹20 Cr₹8 Cr₹40 Cr₹21 Cr
Free cash flow₹8 Cr₹0 Cr₹-8 Cr₹1 Cr
ROCE24.0%20.0%25.0%17.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹4 Cr₹4 Cr₹4 Cr₹4 Cr₹4 Cr₹4 Cr
Reserves₹67 Cr₹74 Cr₹90 Cr₹104 Cr₹135 Cr₹141 Cr
Borrowings₹0 Cr₹5 Cr₹0 Cr₹0 Cr₹13 Cr₹15 Cr
Other liabilities₹20 Cr₹24 Cr₹25 Cr₹20 Cr₹38 Cr₹34 Cr
Total liabilities₹91 Cr₹107 Cr₹119 Cr₹128 Cr₹189 Cr₹194 Cr
Fixed assets₹31 Cr₹32 Cr₹40 Cr₹43 Cr₹95 Cr₹99 Cr
Capital work in progress₹2 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹5 Cr
Investments₹0 Cr₹0 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr
Other assets₹58 Cr₹74 Cr₹76 Cr₹83 Cr₹92 Cr₹89 Cr
Total assets₹91 Cr₹107 Cr₹119 Cr₹128 Cr₹189 Cr₹194 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

The ownership split has held steady since Jun 2025. The shareholder count shrank 1% to 5,046.

Promoters
53.7%
DIIs
0.0%
Public
46.3%

Since Jun 2025

  • DIIs −0.03 pp
  • Public +0.03 pp
  • Promoters 0.00 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 53.4%, Public 46.6%.Dec '23: Promoters 53.4%, Public 46.6%.Mar '24: Promoters 53.4%, Public 46.6%.Jun '24: Promoters 53.4%, Public 46.6%.Sep '24: Promoters 53.4%, Public 46.6%.Dec '24: Promoters 53.4%, DIIs 0.1%, Public 46.6%.Mar '25: Promoters 53.4%, DIIs 0.1%, Public 46.5%.Jun '25: Promoters 53.7%, DIIs 0.1%, Public 46.3%.Sep '25: Promoters 53.7%, DIIs 0.1%, Public 46.3%.Dec '25: Promoters 53.7%, DIIs 0.1%, Public 46.3%.Mar '26: Promoters 53.7%, Public 46.3%.Jun '26: Promoters 53.7%, DIIs 0.0%, Public 46.3%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Magna Electrocas above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
N Krishnasamaraj Huf 18.19%unchanged
Muthulakshmi N 10.68%unchanged
Ajeya Vel Narayanaswamy 8.58%unchanged
Nivedita Lakshmi Narayanaswamy 5.43%unchanged
Ranganayaki N 5.32%unchanged
Investor Education And Protection Fund Authority Ministry Of Corporate Affairs 2.65%unchanged
Krishnasamraj N 2.04%unchanged
Mahitha Vijayakumar 1.84%unchanged
Elgi Equipments Limited 1.57%unchanged
Vijayakumar Venkatkumar 1.06%unchanged
Shivani Tejas Trivedi 1.05%newly disclosed
Ravi Pareek 1.00%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Growth trap

To justify its price of ₹1399, this stock must grow earnings at 25% every year for 7 years. Our analysis caps realistic growth at ~6%. At that growth it is worth ₹524 — downside of 63%.

Growth the price implies
24.6% a year
for 7 years, fading to 4%
It has actually compounded at
5.9% a year
net profit, FY23–FY26 · EPS 5.9%
The gap
0.2 pp
-63% downside if it only repeats history
Price today ₹1,398.8 Value at the reference growth ₹524.28

Change the assumptions yourself →

Learn to analyse Magna Electrocas

Guides on how to read this kind of business and the numbers that matter.