ELECTROSTEEL CASTINGS LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 193.1 INR | -3.01% |
|
-1.83% | +74.20% |
| 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 |
Valuation
| Fiscal Period: March | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Capitalization 1 | 19,099 | 119,371 | - | - |
| Enterprise Value (EV) 1 | 19,099 | 135,434 | 119,371 | 119,371 |
| P/E ratio | 6.05 x | 16.4 x | 13.9 x | 11.2 x |
| Yield | - | 0.78% | 1.04% | 1.14% |
| Capitalization / Revenue | - | 1.63 x | 1.57 x | 1.39 x |
| EV / Revenue | - | 1.85 x | 1.57 x | 1.39 x |
| EV / EBITDA | - | 10.9 x | 8.54 x | 7.2 x |
| EV / FCF | - | 17.9 x | 15.1 x | 12.9 x |
| FCF Yield | - | 5.58% | 6.61% | 7.73% |
| Price to Book | - | - | - | - |
| Nbr of stocks (in thousands) | 594,605 | 618,185 | - | - |
| Reference price 2 | 32.12 | 193.1 | 193.1 | 193.1 |
| Announcement Date | 5/17/23 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Net sales 1 | - | 73,229 | 75,963 | 85,822 |
| EBITDA 1 | - | 12,420 | 13,974 | 16,578 |
| EBIT 1 | - | 12,095 | 13,495 | 15,909 |
| Operating Margin | - | 16.52% | 17.77% | 18.54% |
| Earnings before Tax (EBT) 1 | - | 9,855 | 11,626 | 14,312 |
| Net income 1 | 3,158 | 7,293 | 8,603 | 10,619 |
| Net margin | - | 9.96% | 11.33% | 12.37% |
| EPS 2 | 5.310 | 11.80 | 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 | - | - | - |
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 | - | - | - |
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
193.1
INR
Average target price
233
INR
Spread / Average Target
+20.66%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +74.20% | 1.43B | |
| +0.79% | 42.1B | |
| +18.89% | 24.83B | |
| -21.02% | 21.75B | |
| +13.50% | 21.17B | |
| -7.50% | 20.77B | |
| +6.81% | 9.44B | |
| -12.44% | 8.5B | |
| -23.08% | 8.41B | |
| +36.31% | 8.35B |
- Stock Market
- Equities
- ELECTCAST Stock
- Financials Electrosteel Castings Limited
