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Earnings Call

Electrosteel Castings Earnings Call: Key Takeaways

Electrosteel Castings reports a challenging FY26 due to domestic slowdown and fund delays in the Jal Jeevan Mission, resulting in a 25% annual volume decline.

Why this was an Alfa AlertNot a filter event. Company reported a decline in performance and is missing historical margin levels.
Highlights
Revenue growthFY26 Consolidated Revenue ₹6,133cr; Standalone ₹5,228cr.
MarginsTargeting 13-14% margins in FY27 vs 9.4% in FY26.
Order bookCurrent order book visibility at 4-5 months.
Demand visibilityJJM 2.0 and river-linking projects expected to drive long-term demand.
Management confidenceCautiously optimistic on domestic recovery by Q2 FY27.

Growth

FY26 consolidated revenue at ₹6,133cr; EBITDA at ₹573.6cr (9.4% margin). PAT for full year at ₹161.5cr.

Outlook

Guided FY27 dispatch of 7.4 lakh tons pipes; targeting 13-14% EBITDA margins. ₹200-250cr capex planned for new plants.

Risks

Geopolitical conflicts in Middle East (US-Iran) impacting export sales; domestic funding delays; rising coking coal and freight costs.

Source

Earnings Call filed with BSE, NSE: ELECTCAST. Summary written with AI assistance from the document.

Read the document ↗

Electrosteel Castings Ltd: key numbers

Share price
₹72.34
Market cap
₹4,472 Cr
Revenue (annual)
₹5,918 Cr
Net profit (annual)
₹161.4 Cr
P/E (TTM)
37.0×Sector 19.0×
Promoter holding
50.13%+0.00% QoQ
FII holding
12.80%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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