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Electrosteel Castings share price & results

Electrosteel Castings Limited· Capital Goods· Industrials

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Pioneer of Ductile Iron pipes in India, with backward-integrated foundries and a new Italian valve arm.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue1,426 ₹ crore−8.5% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin7.0 %−4.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit48.0 ₹ crore−46.1% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity2.70 %−10.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin17.59 %+14.8 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)-15.73 %−17.0 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

3 of 7 judged targets kept · 16 open · verdicts reflect calls analysed to Q1 FY27.

Electrosteel Castings Limited management guidance track record on Inve: 23 targets tracked across analysed earnings calls (3 achieved, 4 missed, 16 open).

TargetOriginal wordingSaidLatest callVerdict
FY26 Production Volume8.3-8.5 lakh tons for FY26
Call transcript, Q4 FY25 · 12 May 2025		Q4 FY25Q1 FY27:Final verdict from FY26 stands.
Call transcript, Q1 FY27 · 7 Aug 2026		Achieved*
EBITDA MarginMaintain EBITDA Margin of 16%-18%
Call transcript, Q3 FY25 · 31 Jan 2025		Q3 FY25Q1 FY27:Promise remains missed. Q1 FY27 consolidated margin was 9.5%, well below the original target range.
Call transcript, Q1 FY27 · 7 Aug 2026		Missed
TIS EBITDA MarginImprove TIS EBITDA margin to 18%-20%
Call transcript, Q1 FY26 · 6 Aug 2025		Q1 FY26Q1 FY27:Actual Q1 FY27 TIS margin was 13%. While an improvement from Q3 FY26, it is still well below the 18-20% target range and below the FY27 guidance of 14-15%.
Call transcript, Q1 FY27 · 7 Aug 2026		At Risk

Source: Inve Guidance Tracker for Electrosteel Castings Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

4 of Electrosteel Castings Limited's 23 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 20 more targets are in the full ledger.

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Price

₹66.32 +0.61% · +₹0.4

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −28.6% 1Y

₹60.0₹70.0₹80.0₹90.0Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 10 Nov 2025Q3 FY26 — 10 Feb 2026Q4 FY26 — 18 May 2026Q1 FY27 — 7 Aug 2026

1Y: ₹92.94 on 24 Oct 2025 → ₹66.32. High ₹93.61 (6 May 2026), low ₹61.1 (9 Mar 2026).

Previous close
₹65.92
Market cap
₹4.1k Cr
52-week range
₹61.1 – ₹93.61
One year
−27.35%
Price to earnings (TTM to Jun 2026)
25.74×
Return on equity (TTM to Jun 2026)
2.70%

Overview

Symbol
NSE:ELECTCAST
Industry
Industrials
Exchange
NSE
Currency
INR

What Electrosteel Castings Limited does

Based on the company's own presentations, annual report and earnings calls.

Electrosteel Castings manufactures Ductile Iron (DI) pipes and DI fittings used mainly in water supply and sewage infrastructure, sold domestically and exported to over 130 countries. It runs a backward-integrated manufacturing chain that feeds its own pipe-making, including captive coke, sinter, ferro silicon, liquid metal, cement and power units, alongside a CI pipe line. In 2025 it acquired Italy-based T.I.S. Service S.p.A., a designer and manufacturer of valves and equipment for water mains, sewage treatment and hydroelectric applications, and it is now also setting up new industrial paints and valves manufacturing in India.

Segments

  • DI Pipes & Fittings
  • Valves (T.I.S. Italy)
  • Industrial Paints (new)
Installed DI pipe manufacturing capacity
9 lakh tonnes per annum
Export reach
130+ countries
DI Pipe manufacturing plants
Khardah (West Bengal) and Srikalahasthi, Tirupati (Andhra Pradesh)
DI Fittings manufacturing plants
Khardah and Haldia
Backward-integrated captive facilities
Coke, sinter, ferro silicon, liquid metal, cement and power units feeding pipe production
International manufacturing subsidiary
T.I.S. Service S.p.A., Italy (valves and water/hydro equipment, acquired 2025)
Founded 1955Headquarters Rathod Colony, Rajgangpur, Sundergarh, Odisha, India Company website

How the price took the results

close before → close after

Q1 FY27
−0.4%
7 Aug
Q4 FY26
−4.9%
18 May
Q3 FY26
+7.2%
10 Feb
Q2 FY26
−3.2%
10 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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