ELECTROSTEEL CASTINGS LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 169.5 INR | -4.32% |
|
-5.65% | +52.91% |
| May. 13 | Transcript : Electrosteel Castings Limited, Q4 2024 Earnings Call, May 13, 2024 | |
| May. 13 | Electrosteel Castings Limited Reports Earnings Results for the Full Year Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: March | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Capitalization 1 | 19,099 | 109,511 | - | - |
| Enterprise Value (EV) 1 | 19,099 | 110,253 | 109,511 | 109,511 |
| P/E ratio | 6.05 x | 14.5 x | 12.7 x | 10.3 x |
| Yield | - | 0.85% | 1.13% | 1.24% |
| Capitalization / Revenue | - | 1.47 x | 1.44 x | 1.28 x |
| EV / Revenue | - | 1.47 x | 1.44 x | 1.28 x |
| EV / EBITDA | - | 9.36 x | 7.84 x | 6.61 x |
| EV / FCF | - | 16.6 x | 13.9 x | 11.9 x |
| FCF Yield | - | 6.02% | 7.21% | 8.42% |
| Price to Book | - | - | - | - |
| Nbr of stocks (in thousands) | 594,605 | 618,185 | - | - |
| Reference price 2 | 32.12 | 177.2 | 177.2 | 177.2 |
| Announcement Date | 5/17/23 | 5/13/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Net sales 1 | - | 74,780 | 75,963 | 85,822 |
| EBITDA 1 | - | 11,784 | 13,974 | 16,578 |
| EBIT 1 | - | 11,561 | 13,495 | 15,909 |
| Operating Margin | - | 15.46% | 17.77% | 18.54% |
| Earnings before Tax (EBT) 1 | - | 9,373 | 11,626 | 14,312 |
| Net income 1 | 3,158 | 7,399 | 8,603 | 10,619 |
| Net margin | - | 9.89% | 11.33% | 12.37% |
| EPS 2 | 5.310 | 12.30 | 13.90 | 17.20 |
| Free Cash Flow 1 | - | 7,559 | 7,894 | 9,222 |
| FCF margin | - | 10.32% | 10.39% | 10.75% |
| FCF Conversion (EBITDA) | - | 60.86% | 56.49% | 55.63% |
| FCF Conversion (Net income) | - | 103.65% | 91.76% | 86.84% |
| Dividend per Share 2 | - | 1.500 | 2.000 | 2.200 |
| Announcement Date | 5/17/23 | 5/13/24 | - | - |
1INR in Million2INR
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Net Debt 1 | - | 16,063 | - | - |
| Net Cash position 1 | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 1.293 x | - | - |
| Free Cash Flow 1 | - | 7,559 | 7,894 | 9,222 |
| ROE (net income / shareholders' equity) | - | 15.4% | 15.7% | 16.9% |
| ROA (Net income/ Total Assets) | - | - | - | - |
| Assets 1 | - | - | - | - |
| Book Value Per Share | - | - | - | - |
| Cash Flow per Share | - | - | - | - |
| Capex 1 | - | 3,500 | 3,000 | 1,000 |
| Capex / Sales | - | 4.78% | 3.95% | 1.17% |
| Announcement Date | 5/17/23 | 5/13/24 | - | - |
1INR in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
177.2
INR
Average target price
233
INR
Spread / Average Target
+31.53%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +52.91% | 1.31B | |
| -0.82% | 41.39B | |
| +18.71% | 24.66B | |
| -19.62% | 22.33B | |
| -5.98% | 21.38B | |
| +14.37% | 21.22B | |
| +2.66% | 19.83B | |
| +5.85% | 9.43B | |
| -21.89% | 8.54B | |
| -12.83% | 8.46B |
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