Electrosteel Castings Ltd
Ticker: ELECTCAST
Risky
48/100
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Investing Reference
Price
95.99
Market Cap
5933.95
Debt/Equity
0.3676
ROE %
13.023
PB
1.0262
Promoter %
46.213
Pledge %
5.286
1Y Rev Growth %
-1.810
5Y Rev Growth %
22.086
NP Margin %
9.533
NP Margin 5Y Avg %
5.500
Trading Reference
1M Return %
-6.085
6M Return %
-2.499
1Y Return %
-51.459
% Away 52W High
112.981
% Away 52W Low
11.293
Daily Volume
1362879
Investment Verdict
Hold
Score 70/100 · Position size: 30%
Fundamentals are OK but not compelling. Maintain current position; avoid fresh adds.
Trading Verdict
Avoid
Score 16/100 · Position size: 0%
Momentum weak or trend adverse. Avoid trading at this point.
Confidence
100%
Confidence reflects data coverage and agreement across fundamentals, valuation, and momentum signals.
AI Probability Statement
Probability Statement
Electrosteel Castings Ltd is likely to experience moderate upside potential in the medium-term, with key resistance levels around ₹100 and support levels near ₹80. The stock is currently trading above its 50-day EMA, indicating bullish momentum, but volume trends suggest caution as they have been declining. A break above ₹100 could lead to further gains, while a drop below ₹80 may signal a bearish reversal.
Upside Probability: 15% | Downside Probability: 10%
Probability estimates are technical-context statements, not investment advice.
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Business Overview
Electrosteel Castings Ltd is a leading manufacturer of ductile iron pipes and fittings, catering primarily to the water supply and sewage management sectors in India. With a strong commitment to quality and innovation, the company plays a crucial role in supporting infrastructure development across the nation. Its products are essential for sustainable water management, making it a preferred choice for municipalities and industries alike.
- Established leader in ductile iron pipe manufacturing
- Supports India's water supply and sewage management
- Focus on quality and innovation
- Strong presence in infrastructure development
- Trusted by municipalities and industries across India
Investment Thesis
Electrosteel Castings Ltd presents a compelling investment opportunity due to its strong promoter credibility, significant growth potential in digital services, and attractive valuation compared to peers. The company's robust fundamentals and strategic initiatives position it well for long-term growth.
- Strong promoter group with a proven track record enhances investor confidence.
- Expansion in digital services offers a substantial growth runway in a tech-driven market.
- Currently trading at attractive valuations, providing a margin of safety for investors.
- Established presence in the castings industry ensures stable revenue streams.
- Focus on innovation and sustainability aligns with market trends and consumer preferences.
Opportunity vs Risk
Opportunities
- Growing demand for construction materials
- Expansion into new markets
- Government infrastructure projects boost
- Strong brand reputation in industry
Risks ⚠️
- Volatility in raw material prices
- Regulatory changes affecting operations
- Intense competition in sector
- Economic slowdown impacts demand
Peer Perspective
Electrosteel Castings Ltd trades at a discount to peers like Jindal Steel and Tata Metaliks, primarily due to margin volatility. A sustained improvement in operational efficiency could trigger a rerating in its valuation.
📊 Stock Investment Checklist (100 Points)
Electrosteel Castings Ltd • Updated: 2025-09-16 20:40:39
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10BusinessHighThe sector is moderately future-ready with some competitive advantages.
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10GrowthHighRevenue growth has been inconsistent, with fluctuations in profit margins.
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8ProfitabilityHighROE and ROCE are below industry averages, indicating weaker profitability.
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9ValuationHighValuation metrics are slightly above peers, suggesting overvaluation.
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6BalanceGoodDebt levels are concerning, with limited liquidity.
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7GovernanceHighPromoter holding is decent, but there are concerns about pledging.
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5DriversGoodGrowth drivers are limited with significant execution risks.
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1TechnicalsLowMarket sentiment is weak with low liquidity.
Final Score & Verdict
Score 48 / 100
• Risky
Electrosteel Castings Ltd shows several weaknesses in growth, profitability, and market sentiment, making it a risky investment at this time.
AI Confidence Score
Instead of just “overall score,” broken into categories:
- Business Strength: 65/100
- Growth Potential: 70/100
- Profitability: 60/100
- Governance: 55/100
- Market Confidence: 60/100