ALFA Finder| Revenue growth | Q2 +8.9% YoY; H1 -0.3% YoY |
|---|---|
| Margins | Q2 EBITDA margin 8.9% vs 12.6% YoY; gross margin 47.3% vs 49.0% |
| Demand visibility | JJM sanctions ₹16,487 Cr FY27 YTD vs ₹1,562 Cr FY25-26 releases |
| Management confidence | Outlook 'positive'; recovery anticipated Q4FY27 |
Growth
Q2 revenue +8.9% YoY to ₹1,520 Cr; H1 flat. Q2 PAT ₹51 Cr (-35% YoY), up 5% QoQ.
Outlook
JJM fund releases expected to pick up H2FY27; valves ₹800 Cr target by FY30-31; paints capex ₹250-300 Cr.
Risks
Subdued DI pipe demand from JJM fund slowdown; EBITDA margin down 370bps YoY to 8.9%; finance cost up 12% QoQ.
Last quarter's promises, checked
Delivered
- JJM sanctions ₹10,344 Cr → ₹16,487 Cr FY27 YTD (= BEAT; releases unreported)
Partly delivered
- Valves ₹800-1,000 Cr → ₹800 Cr by FY30-31 (= PARTIAL)
- FY27 volume ~5.75 lakh t → Q2 1.21 lakh t, -13% YoY (= PARTIAL)
Missed
- EBITDA margin no worse than Q1 9.5% → Q2 8.9% (= MISS)
- Better margin/t vs FY26 → H1 EBITDA -28%, margin 8.9% vs 12.6% YoY (= MISS)
Investor Presentation filed with BSE, NSE: ELECTCAST. Summary written with AI assistance from the document.
Electrosteel Castings Ltd: key numbers
- Share price
- ₹70.43
- Market cap
- ₹4,354 Cr
- Revenue (annual)
- ₹5,918 Cr
- Net profit (annual)
- ₹161.4 Cr
- P/E (TTM)
- 36.1×Sector 17.0×
- Promoter holding
- 54.53%+4.40% QoQ
- FII holding
- 8.57%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 Management Change
Electrosteel Castings disclosed the tenure completion of Non-Executive Independent Director Amrendra Prasad Verma, effective December 21, 2026. The disclosure followed a board meeting held on November 13, 2026.
Electrosteel Castings Board Meeting Outcome
Electrosteel Castings' board approved a Voluntary Retirement Scheme for Khardah Unit workmen. Financial impact will be communicated later per materiality policy.
Electrosteel Castings Q2 FY27 Results: Net Profit ₹50.8 Cr, Down 35.1% YoY
Electrosteel Castings Ltd reported revenue from operations of ₹1,520 Cr (+8.9% YoY) and net profit of ₹50.8 Cr (-35.1% YoY) for Q2 FY27.
- Key figure
- Net profit ₹50.8 Cr · -35.1% YoY
Electrosteel Castings Board Meeting Date
Electrosteel Castings will hold a board meeting on 13 November 2026 to consider its September 2026 quarter and half-year results. The trading window for designated persons has been closed since 1 October 2026.
Electrosteel Castings Other Announcement
The company filed its quarterly shareholding pattern for the period ending September 30, 2026, as per regulatory compliance requirements.
Electrosteel Castings Other Announcement
The company submitted the certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 from its Registrar and Share Transfer Agent for the quarter ended September 2026.