Magna Electro Castings share price & results
- Jun 2026
- Sept 2026
Coimbatore-based foundry manufacturing SG ductile iron and grey iron castings, with captive wind and solar power generation supporting the plant.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 50.8 | +4.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 14.6 | −5.5 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 3.7 | −44.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 11.35 | −6.2 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -18.37 | −36.5 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 8.71 | −10.9 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance +24.4% 1Y
1Y: ₹1,006.9 on 24 Oct 2025 → ₹1,252.55. High ₹1,487.4 (25 Sept 2026), low ₹741.45 (2 Feb 2026).
- Previous close
- ₹1,250
- Market cap
- ₹499 Cr
- 52-week range
- ₹741.45 – ₹1,487.4
- One year
- +26.82%
- Price to earnings (TTM to Jun 2026)
- 32.09×
- Return on equity (TTM to Jun 2026)
- 11.35%
Overview
- Symbol
- NSE:MAGNAELQ
- Sector
- Capital Goods
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What Magna Electro Castings Ltd. does
Based on the company's own presentations, annual report and earnings calls.
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
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −44% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 46 | 43 | 46 | 49 | 52 | 48 | 48 | 51 |
| Expenses | 36 | 36 | 38 | 39 | 43 | 41 | 41 | 43 |
| Operating profit | 10 | 7 | 7 | 10 | 9 | 7 | 7 | 7 |
| Operating margin | 21.3% | 17.2% | 16.3% | 20.2% | 18.1% | 15.3% | 13.8% | 14.6% |
| Other income | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 3 |
| Profit before tax | 9 | 7 | 6 | 9 | 7 | 5 | 4 | 5 |
| Tax rate | 25.6% | 25.2% | 25.8% | 25.4% | 24.6% | 24.1% | 35.8% | 26.0% |
| Net profit | 7 | 5 | 5 | 7 | 5 | 4 | 3 | 4 |
| EPS (₹ per share) | 15.88 | 11.48 | 11.39 | 15.74 | 12.78 | 8.86 | 6.29 | 8.81 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 165 | 144 | 176 | 196 |
| Expenses | 139 | 120 | 142 | 163 |
| Operating profit | 26 | 23 | 34 | 33 |
| Other income | 3 | 2 | 2 | 2 |
| Interest | 0 | 0 | 0 | 1 |
| Depreciation | 6 | 4 | 5 | 9 |
| Profit before tax | 23 | 20 | 31 | 25 |
| Net profit | 17 | 15 | 23 | 18 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 74 | 90 | 104 | 125 | 135 | 141 |
| Borrowings | 5 | 0 | 0 | 11 | 13 | 15 |
| Other liabilities | 24 | 25 | 20 | 42 | 38 | 34 |
| Total liabilities | 107 | 119 | 128 | 183 | 189 | 194 |
| Fixed assets | 32 | 40 | 43 | 50 | 95 | 99 |
| Capital work in progress | 1 | 1 | 1 | 41 | 1 | 5 |
| Investments | 0 | 1 | 1 | 1 | 1 | 1 |
| Other assets | 74 | 76 | 83 | 90 | 92 | 89 |
| Total assets | 107 | 119 | 128 | 183 | 189 | 194 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 9 | -1 | 20 | 8 | 40 | 21 |
| Cash from investing | -4 | -3 | -12 | -6 | -50 | -19 |
| Cash from financing | -8 | 4 | -6 | -2 | 9 | 0 |
| Net cash flow | -2 | 0 | 1 | 0 | -1 | 2 |
| Free cash flow | 5 | -5 | 8 | 0 | -8 | 1 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 109 | 105 | 85 | 92 | 112 | 82 |
| Inventory days | 73 | 79 | 56 | 85 | 86 | 120 |
| Days payable | 91 | 81 | 74 | 90 | 186 | 142 |
| Cash conversion cycle | 91 | 103 | 66 | 87 | 12 | 59 |
| Working capital days | 90 | 82 | 65 | 83 | 71 | 66 |
| Return on capital employed | 10.0% | 14.0% | 24.0% | 20.0% | 25.0% | 17.0% |
| Dividend payout | 12.0% | 14.0% | 7.0% | 14.0% | 11.0% | 11.0% |
What the price assumes
Growth trapTo justify its price of ₹1253, this stock must grow earnings at 22% every year for 7 years. Our analysis caps realistic growth at ~6%. At that growth it is worth ₹524 — downside of 58%.
- Growth the price implies
- 22.4% 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
- -58% downside if it only repeats history
Ownership
Who owns it
Promoters hold 53.66% as of Sept 2026; institutions added 0.00 pts since Jun 2026.
- Promoters 53.66%
- Foreign institutions 0.00%
- Domestic institutions 0.02%
- Public 46.31%
Who is on the register
Named in the Sep 2026 filing
Every holder of Magna Electro Castings Ltd. above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 18.19% | unchanged | |
| 10.68% | unchanged | |
| 8.58% | unchanged | |
| 5.43% | unchanged | |
| 5.32% | unchanged | |
| 2.64% | unchanged | |
| 2.04% | unchanged | |
| 1.84% | unchanged | |
| 1.57% | unchanged | |
| 1.06% | unchanged | |
| 1.05% | unchanged | |
| 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.
Your own record
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