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    Steelcast

    Makes steel and alloy-steel castings via sand/shell molding for earthmoving, mining, rail, cement and defence OEMs.

    Capital Goods
    Industrials
    View STEELCAS earnings calls
    ₹293.4
    +2.89% from avg

    Overview

    Price

    ₹293.4

    Market Cap

    ₹3.1k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    4

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1010101010101010
    Reserves108119146205260316350385
    Borrowings452363240000
    Other Liabilities3540576654635165
    Total Liabilities197192276305324389411460
    AssetsFixed Assets10798109142138142151158
    CWIP01500261
    Investments0001021373879
    Other Assets9093162153164209216222
    Total Assets197192276305324389411460

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating5434290107827586
    Cash from Investing-7-6-4-33-53-38-59-67
    Cash from Financing2-25-14-25-54-45-16-18
    SummaryCapital Expenditure
    Free Cash Flow472825-3363685755
    FCF Margin

    Valuation

    Assumptions

    Current — STEELCAS
    Price
    ₹293
    EPS (TTM)
    ₹7.58
    PE (TTM)
    38.7
    Profit growth
    2.7%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (88.2×) and current (38.7×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹293
    vs
    Fair value · 15% return
    ₹140
    52%Overvalued

    At 2.7% growth and a 39× exit, ₹293 only delivers your return if you pay ₹140. The price is currently baking in 17% growth.

    EPS grows 2.7%/yr for 5 years, then fades to 6% over 2, exits at 39×.

    YearGrowthEPS (₹)
    FY272.7%7.78
    FY282.7%7.99
    FY292.7%8.21
    FY302.7%8.43
    FY312.7%8.66
    FY324.3% ·fade9.04
    FY336.0% ·fade9.58

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Steelcast

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