| Management target | Revenue FY30 |
|---|
| Revenue growth | Lower YoY due to reduced volumes. |
|---|---|
| Margins | Consolidated EBITDA margin 9.5%; targeting 12-13% exit rate. |
| Order book | 3 lakh tons, approximately 5 months of execution. |
| Demand visibility | Strong visibility from Jal Jeevan Mission 2.0 and AMRUT 2.0. |
| Management confidence | High on long-term water infrastructure demand and cost optimization. |
Growth
Consolidated sales volume fell 27% YoY to 1.20 lakh tons due to slow domestic project execution and Middle East tensions.
Outlook
Targeting 12-13% EBITDA margins by Q3/Q4 FY27. Plans to double valve revenue in four years and enter industrial paints.
Risks
Challenges include slower project execution, delayed fund disbursements, and Saudi Arabian import duties on DI pipes.
Last quarter's promises, checked
Partly delivered
- Guided 200-250 cr capex for paint/valves → projects in design phase (= PARTIAL)
Missed
- Guided 7 lakh tons pipe volume → delivered 5.84 lakh tons (= MISS)
- Guided 13-14% EBITDA margin → delivered 9.4% (= MISS)
- Guided standalone PAT growth → delivered 131.3 cr vs 161.5 cr consolidated (= MISS)
Earnings Call Transcript filed with NSE, NSE: ELECTCAST. Summary written with AI assistance from the document.
Electrosteel Castings Ltd: key numbers
- Share price
- ₹79.11
- Market cap
- ₹4,890 Cr
- Revenue (annual)
- ₹5,918 Cr
- Net profit (annual)
- ₹161.4 Cr
- P/E (TTM)
- 40.5×Sector 18.4×
- 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.
More from Electrosteel Castings Ltd
All →Electrosteel Castings Debt & Borrowing
Electrosteel Castings Limited has fixed October 7, 2026, as the record date for the redemption of its Commercial Paper. The instrument is scheduled for maturity on October 8, 2026.
Electrosteel Castings Acquisition Worth ₹0.45 Cr
Electrosteel Castings completed the acquisition of a 70% stake in Arabian Water Tech LLC for OMR 21,000 (approx. ₹0.05 Crore). The target entity has become a subsidiary.
- Value
- ₹0.45 Cr
Electrosteel Castings Annual General Meeting
Electrosteel Castings Limited held its 71st Annual General Meeting on August 31, 2026. The meeting transacted various businesses, including approval of financial statements and final dividend declaration.
Electrosteel Castings Annual General Meeting
Electrosteel Castings announced the voting results for its recent postal ballot. The shareholders approved the re-appointment and tenure revision of the company's whole-time directors.
Electrosteel Castings Management Change
Mr. Manoj Kumar Thakur has resigned as President – Growth, Business Control and Coal at Electrosteel Castings Limited, effective from August 12, 2026.
Electrosteel Castings Investor Presentation: Key Takeaways
Electrosteel Castings reported Q1FY27 consolidated revenue of ₹1,426 Cr and EBITDA of ₹139 Cr (9.5% margin). The company is diversifying into valves and industrial paints while leveraging backward integration.