Stock ELECTCAST ELECTROSTEEL CASTINGS LIMITED
Add to a list
To use this feature you must be a member
Log inSign up

Company Electrosteel Castings Limited NSE India S.E.

Equities

ELECTCAST

INE086A01029

Iron & Steel

Market Closed - NSE India S.E.
Other stock markets
 07:42:30 2024-04-30 am EDT 		5-day change 1st Jan Change
192 INR +0.08% Intraday chart for Electrosteel Castings Limited -4.71% +73.44%
Feb. 14 INDIA STOCKS-IT, financials lead losses in Indian shares as hot US inflation spurs rate cut worries RE
Feb. 13 Transcript : Electrosteel Castings Limited, Q3 2024 Earnings Call, Feb 13, 2024

Business Summary

Electrosteel Castings Limited is an India-based pipeline solution provider. The Company is engaged in the business of manufacturing ductile iron (DI) pipes, ductile iron fittings (DIF) and cast iron (CI) pipes. Its products also include ductile iron flange pipes, restrained joint pipes, cement and ferro alloys. The Company operates through pipes and fittings segment. The Company's products DI pipes and DIF are used for various applications, such as water transmission and distribution, desalination plants, storm water drainages and sewage treatment plants. The Company’s manufacturing facilities are spread across five locations in India. It caters to a customer base spread around the Indian subcontinent, Europe, North and South America, Southeast Asia, Middle East and Africa. Its subsidiaries include Electrosteel Castings (UK) Limited, Electrosteel Algerie SPA, Electrosteel Doha for Trading LLC, Electrosteel Castings Gulf FZE, and Electrosteel Brasil Ltda. Tubos e Conexoes Duteis.

Number of employees: 2,859

Sales per Business

INR in Million2022Weight2023Weight Delta
Manufacturing - Ductile Iron Pipes & Fittings
80.0 %
39,521 74.8 % 58,217 80.0 % +47.30%
Manufacturing - Others
12.2 %
8,130 15.4 % 8,841 12.2 % +8.74%
Manufacturing - Ferro Products
3.8 %
3,015 5.7 % 2,793 3.8 % -7.39%
Manufacturing - Cast Iron Pipes
2.6 %
1,165 2.2 % 1,881 2.6 % +61.51%
Trading - Others
0.8 %
495 0.9 % 582 0.8 % +17.60%
Incentive/Subsidy
0.3 %
153 0.3 % 234 0.3 % +52.62%
Trading - Ductile Iron Pipes & Fittings
0.1 %
124 0.2 % 106 0.1 % -14.33%
Others
0.1 %
8 0.0 % 56 0.1 % +568.56%
Manufacturing - Cement
0.1 %
197 0.4 % 44 0.1 % -77.59%

Sales per region

INR in Million2022Weight2023Weight Delta
India
74.3 %
38,307 72.8 % 53,829 74.3 % +40.52%
International
25.7 %
14,341 27.2 % 18,635 25.7 % +29.95%

Managers

Managers TitleAgeSince
Sunil Katial CEO
 Chief Executive Officer 67 19-01-28
Sushil Kumar Nevatia PSD
 President 73 -
Ashutosh Agarwal DFI
 Director of Finance/CFO 58 19-08-12
Indranil Mitra CMP
 Compliance Officer - 19-08-12
Pankaj Poddar BRD
 Director/Board Member - -
Radha Kejriwal Agarwal BRD
 Director/Board Member 35 10-12-31
Mayank Kejriwal BRD
 Director/Board Member 68 76-12-31
Umang Kejriwal BRD
 Director/Board Member 70 71-12-31
Neelesh Daga AUD
 Comptroller/Controller/Auditor - 07-11-30
V M Sridharan PRN
 Corporate Officer/Principal - 05-07-31

Members of the board

Members of the board TitleAgeSince
Umang Kejriwal BRD
 Director/Board Member 70 71-12-31
Mayank Kejriwal BRD
 Director/Board Member 68 76-12-31
Uddhav Kejriwal BRD
 Director/Board Member 45 02-12-31
Madhav Kejriwal BRD
 Director/Board Member - 13-12-31
Binod Kumar Khaitan BRD
 Director/Board Member 80 74-12-31
Rajkumar K. Khanna BRD
 Director/Board Member 71 20-06-14
Vyas Mitre Ralli BRD
 Director/Board Member 77 72-03-31
Sunil Katial CEO
 Chief Executive Officer 67 19-01-28
Bal Kishan Choudhury BRD
 Director/Board Member 77 22-02-09
Radha Kejriwal Agarwal BRD
 Director/Board Member 35 10-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 618,184,591 310,241,640 ( 50.19 %) 0 50.19 %

Shareholders

NameEquities%Valuation
G.K. & Sons Pvt Ltd.
8.519 %
50,656,655 8.519 % 108 M ₹
Electrocast Sales India Ltd.
6.918 %
41,135,158 6.918 % 88 M ₹
Murari Investment Trading Co. Ltd.
6.636 %
39,459,399 6.636 % 84 M ₹
Belgrave Capital Management Ltd.
5.909 %
35,136,251 5.909 % 75 M ₹
Sreeji Family Benefit Trust
5.891 %
35,027,053 5.891 % 75 M ₹
AFG Holdings, Inc.
5.040 %
29,969,880 5.040 % 64 M ₹
G.K. Investments Ltd.
5.014 %
29,815,483 5.014 % 64 M ₹
Uttam Commercial Co. Ltd.
4.350 %
25,868,060 4.350 % 55 M ₹
Sree Khemisati Constructions Pvt Ltd.
2.319 %
13,786,813 2.319 % 29 M ₹
Resonance Opportunities Fund
2.064 %
12,271,829 2.064 % 26 M ₹

Company contact information

Electrosteel Castings Ltd.

G. K. Tower 19, Camac Street

700017, Kolkata

+91 33 2283 9990

http://www.electrosteelcastings.com
address Electrosteel Castings Limited(ELECTCAST)

Group companies

NameCategory and Sector
Electrosteel Europe SA
Logo Electrosteel Europe SA

Electrosteel Europe SA

Wholesale DistributorsDistribution Services

Part of Electrosteel Castings Ltd., Electrosteel Europe SA is a specialist in ductile iron casting and produces complete pipeline systems for sanitation, water supply, and irrigation. The private company was founded in 2007 and is based in Arles, France. Electrosteel's products are known for their high strength and durability, with delivery available within 72 hours. The French company's technical service team assists customers in defining their needs for water supply, irrigation, and sanitation pipeline systems, and provides information on Electrosteel's ductile iron casting. Electrosteel's experts are available to provide on-site assistance and customized solutions throughout the project.

Wholesale Distributors
Electrosteel Europe SA (Spain)

Sector

Basic Materials
Mineral Resources
Metals & Mining
Iron & Steel
Other Steel

Sales per Business

Sales per region

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
192 INR
Average target price
233 INR
Spread / Average Target
+21.35%
Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Other Steel

1st Jan change Capi.
NUCOR CORPORATION Stock Nucor Corporation
-1.41% 42.05B
TATA STEEL LIMITED Stock Tata Steel Limited
+18.24% 25.04B
POSCO HOLDINGS INC. Stock POSCO Holdings Inc.
-18.92% 22.45B
STEEL DYNAMICS, INC. Stock Steel Dynamics, Inc.
+10.04% 21.33B
ARCELORMITTAL Stock ArcelorMittal
-8.12% 21.11B
NIPPON STEEL CORPORATION Stock Nippon Steel Corporation
+9.63% 20.25B
JFE HOLDINGS, INC. Stock JFE Holdings, Inc.
+7.93% 9.48B
CLEVELAND-CLIFFS INC. Stock Cleveland-Cliffs Inc.
-14.91% 8.59B
UNITED STATES STEEL CORPORATION Stock United States Steel Corporation
-24.68% 8.31B
Other Steel
  1. Stock Market
  2. Equities
  3. ELECTCAST Stock
  4. ELECTCAST Stock
  5. Company Electrosteel Castings Limited