Sector Alpha Week of 2026-08-07
Sector Alpha — machine-written from the numbers · Data as of 2026-08-07

Captain Technocast Ltd

540652
Castings, Forgings & Fastners

Captain Technocast Ltd is printing record margins on a fuller multiple. From here the earnings must do all the lifting.

The sharpest disagreement: Promoters moved −8.9 points over 8 quarters while the operating story went the other way — someone close to the numbers is not convinced.

The price is building a base (7 weeks in) while the P/E sits at the 63rd percentile of its own 6-year range. Underneath, the last four quarters read improving — profit +20.0% year on year, and 100% of the last 3 years' profit arrived as cash. What settles it: whether the register turns back in the story’s favour.

Stage
Turning around
partial read
Price
₹266
P/E
53.1×
63rd pctile
of its own 6-year range
Revenue (Mar 26)
₹67.0 Cr
+31.4% YoY
Profit (Mar 26)
₹6.0 Cr
+20.0% YoY
Operating margin
12.0%
−2.0 pp YoY
ROCE
30%
FY26
Cash conversion
100%
of profit, last 3 FY
Unverified figures: Some figures on this page come from a second financial-data feed that could not be cross-checked against the primary source — the two do not share enough overlapping reported history to compare. They are drawn, because they are the only evidence there is, and every section carrying one is marked unverified.
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Captain Technocast Ltd trades at ₹266, building a base and 7 weeks into that stage. That is +29.9% against its own 200-day average. It sits at 100% of a 52-week range of ₹167 to ₹266. On relative strength it has no relative-strength read yet.

Today the stock is building a base — week 7 of stage 1. At ₹266 it trades +29.9% versus its 200-day average and sits at 100% of its 52-week range (₹167–₹266).

Aug 26: ₹266 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 1-year window.
+29.9% versus the 200-day line, week 7 of stage 1
Price50-day avg200-day avg
S4S1₹274₹245₹216₹188₹159₹266₹205Apr 26Apr 26May 26Jun 26Aug 26
S4S1₹274₹245₹216₹188₹159₹266₹205Apr 26May 26Aug 26

Against the market, two honest reads. Cumulative: over the last 4 months the stock moved +55% while the NIFTY 500 moved +7% — ahead of the index over the full window. Recent form: no trailing-13-week read yet — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Captain Technocast Ltd trades at 53.1× P/E, mid-range by its own standards (63rd percentile). Its long-run median P/E is 42.0×, measured across 5.6 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 53.1× is mid-range by its own standards (63rd percentile), against a long-run median of 42.0× measured over 5.6 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 53.1× vs a 42.0× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 5.6-year window; loss-period spikes above 101× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
mid-range by its own standards (63rd percentile)
P/EMedianEPS (TTM) (quarterly)
108.5×₹5.481.8×₹4.155.1×₹2.728.5×₹1.31.8×₹0.0×53.20×₹5Jan 21Dec 22Mar 24May 25Aug 26
108.5×₹5.481.8×₹4.155.1×₹2.728.5×₹1.31.8×₹0.0×53.20×₹5Jan 21Mar 24Aug 26
P/E
53.1×
63rd percentile of 6y

Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.

03 · Stage: Turning around

Stage: Turning around Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Captain Technocast Ltd reads as turning around on its fundamental arc. Turning around — profit growth swung from +0.0% at the trough to +20.0% off a 4-quarter-old trough (single-quarter readings), ROCE lifting at 30.0%. The read is built from 11 quarters across 3 curves, on partial evidence.

Growth, year by year: revenue +41.3% in FY26, profit +62.5% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn.
Revenue YoYProfit YoYEPS YoY
47%108%36%79%26%50%16%21%5.7%−8.0%%%41.3%62.5%FY20FY23FY26
47%108%36%79%26%50%16%21%5.7%−8.0%%%41.3%62.5%FY20FY23FY26
Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. Where the trailing-twelve-month history is short, the curve falls back to single-quarter year-on-year growth — noisier, and the classifier smooths and caps base-effect spikes before reading. A missing point means that reading is not held for the quarter.
the trajectory the stage is read from · revenue accelerating, profit accelerating
RevenueProfitEPS
55%220%41%148%27%75%13%0.0%0.0%−70%%%31.4%20%160.8%Sep 20Mar 23Mar 26
55%220%41%148%27%75%13%0.0%0.0%−70%%%31.4%20%160.8%Sep 20Mar 23Mar 26
ROCE Annual readings — the quarterly balance-sheet pieces this curve needs are not held for this stock, so the returns read moves once a year and carries less weight in the call.
the return curve, annual readings
ROCE
31%27%24%21%17%%30%FY23FY24FY26
31%27%24%21%17%%30%FY23FY24FY26
Revenue growth
Steady high
latest +31.4% · span +3.4% to +47.1%
Profit growth
Rolling over
latest +20.0% · span −50.0% to +100.0%
ROCE
Rising
latest 30.0% · span 18.0%–30.0%

Why it matters: growth inflections are where re-ratings start — the curves say a turn is forming, so the question becomes whether the next quarters confirm it.

One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.

Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue+41.3%+30.1%+24.8%
Profit+62.5%+63.0%+45.4%
EPS+44.1%+51.8%+34.4%
Revenue YoY (Mar 26)
+31.4%
latest quarter vs a year ago
Profit YoY (Mar 26)
+20.0%
latest quarter vs a year ago
Revenue 10y
25.0%
long-run compound pace
04 · 4-Factor Sector Score

4-Factor Sector Score

59.8/100 — rank 3 of 20 in Castings, Forgings & Fastners · 51% evidence confidence

Captain Technocast Ltd scores 59.8 out of 100 against the 20 companies it is compared with in Castings, Forgings & Fastners, ranking 3. Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

The four contributions add to the total exactly: 20.7 + 18.4 + 9.9 + 10.8 = 59.8. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

05 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

Captain Technocast Ltd reported ₹67.0 Cr of revenue in the Mar 26 quarter, +31.4% year on year. That is the 11th straight quarter of year-on-year growth. Over 6 years it has compounded at 25.0% a year. The last full year, FY26, came in at ₹130 Cr. The last four reported quarters add to ₹221 Cr.

FY26 revenue came in at ₹130 Cr (+41.3% on the year), capping 6 years at 25.0% compound. The latest quarter (Mar 26) printed ₹67.0 Cr, +31.4% year on year — the 11th consecutive quarter of year-over-year growth.

FY26 revenue ₹130 Cr (+41.3% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 7-year window. A bar is red when it is lower than the year before.
25.0% a year over 6 years
RevenueYoY growth
14047%10536%7026%3516%05.7%₹ Cr%₹13041.3%FY20FY23FY26
14047%10536%7026%3516%05.7%₹ Cr%₹13041.3%FY20FY23FY26
Mar 26: ₹67.0 Cr (+31.4% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
11th straight quarter of growth
Revenue (quarterly)YoY growth
7255%5441%3627%1813%00.0%₹ Cr%₹6731.4%Sep 20Mar 23Mar 26
7255%5441%3627%1813%00.0%₹ Cr%₹6731.4%Sep 20Mar 23Mar 26

Pace check: the last four quarters averaged +41.3% growth against the decade's 25.0% — the current year is running faster than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew +78.2% over the last 4 quarters against +53.3%/yr over the last 8 — accelerating; TTM profit +250.0% vs +104.9%/yr — accelerating.

06 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Captain Technocast Ltd's operating margin is 12.0% in the Mar 26 quarter, −2.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across the last four quarters the operating margin has moved +2.0 percentage points. Across 7 fiscal years the operating margin has ranged 8.0% to 13.0%.

The latest quarter's operating margin is 12.0%, −2.0 pp against the same quarter a year ago. Across 7 fiscal years the operating margin has ranged 8.0%–13.0%, and FY26's 13.0% is the top of that band — a record year.

Why the margin moved: operating margin went +1.0 pp year on year while gross margin went −1.6 pp — the gain came mostly from the gross line: input costs and pricing.

Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.

FY26: 13.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 7-year window.
the widest a 8.0–13.0% band over 7 years
operating marginYoY change (pp)
13%3.2%12%2.4%11%1.5%9.1%0.6%7.6%−0.2%%%13%0%FY20FY23FY26
13%3.2%12%2.4%11%1.5%9.1%0.6%7.6%−0.2%%%13%0%FY20FY23FY26
Mar 26: 12.0% operating margin (−2.0 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
16%4.5%13%2.7%11%1.0%8.7%−0.7%6.4%−2.5%%%12%−2%Sep 20Mar 23Mar 26
16%4.5%13%2.7%11%1.0%8.7%−0.7%6.4%−2.5%%%12%−2%Sep 20Mar 23Mar 26
07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Captain Technocast Ltd earned ₹6.0 Cr of net profit in the Mar 26 quarter, +20.0% year on year. It is the 4th consecutive quarter of growth. Full-year FY26 profit was ₹13.0 Cr. The 6-year compound rate is 36.6%. That is 9.0% of the quarter's revenue. The same quarter a year earlier earned ₹2.0 Cr.

Mar 26 profit was ₹6.0 Cr, +20.0% year on year — the 4th consecutive quarter of growth. On the full year, FY26 printed ₹13.0 Cr (+62.5%), and the 6-year compound rate is 36.6%.

FY26 profit ₹13.0 Cr (+62.5% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 7-year window. A bar is red when it is lower than the year before.
36.6% a year over 6 years
Net profitYoY growth
14108%1179%750%421%0−8.0%₹ Cr%₹1362.5%FY20FY23FY26
14108%1179%750%421%0−8.0%₹ Cr%₹1362.5%FY20FY23FY26
Mar 26: ₹6.0 Cr (+20.0% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
4th straight quarter of growth
Net profit (quarterly)YoY growth
8220%6148%475%20.0%0−70%₹ Cr%₹620%Sep 20Mar 23Mar 26
8220%6148%475%20.0%0−70%₹ Cr%₹620%Sep 20Mar 23Mar 26

Why profit moved: revenue contributed +31.4% and the margin −2.0 pp — the quarter was revenue-led despite a thinner margin.

Pace comparison, last four quarters: profit +125.8% vs revenue +41.3%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.

08 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 100% of Captain Technocast Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹8.0 Cr of operating cash against ₹13.0 Cr of profit. After ₹19.0 Cr of capital spending, ₹−11.0 Cr was left as free cash.

FY26: operating cash of ₹8.0 Cr against reported profit of ₹13.0 Cr, leaving free cash of ₹−11.0 Cr after ₹19.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 100% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY26: CFO ₹8.0 Cr vs profit ₹13.0 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 7-year window, annual resolution.
100% of 3-year profit arrived as cash
Operating cashNet profitFree cash
1581−6−13₹ Cr₹8₹13₹−11FY20FY23FY26
1581−6−13₹ Cr₹8₹13₹−11FY20FY23FY26
FY26: CFO = 62% of profit (three-year rate 100%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash.
Conversion100%
186%145%104%63%22%%62%FY20FY23FY26
186%145%104%63%22%%62%FY20FY23FY26

Why conversion sits at 100%: the cash cycle tightened 13 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner.

Router verdict: the bigger cash user is investment — capital spending ran 6.0× depreciation over three years, so the next section's job is to check what that build-out is buying.

09 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Captain Technocast Ltd's cash conversion cycle runs 52 days in FY26, down from 65 days in FY21. Capital spending ran ₹30.0 Cr over the last 3 years. At FY26 sales of ₹130 Cr each day of that cycle holds about ₹0.4 Cr, so roughly ₹19.0 Cr sits inside the business at any moment.

FY26: debtors at 67 days, inventory at 63 days — roughly 2.1 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 52 days, tighter than FY21's 65.

The full loop: cash goes out to suppliers and production on day 0; stock waits 63 days to sell; customers pay about 67 days after that; and suppliers themselves are paid at 77 days — netting out to the 52-day cycle.

In money terms: at FY26 sales of ₹130 Cr, each day of the cycle holds about ₹0.4 Cr — so the 52-day loop keeps roughly ₹19.0 Cr sitting inside the business at any moment.

FY26: a 52-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 7-year window.
−13 days vs FY21
Cash cycleInventory daysDebtor daysPayable days
1651321006734days52d63d67d77dFY20FY21FY23FY24FY26
1651321006734days52d63d67d77dFY20FY23FY26

On the investment side: capital spending of ₹30.0 Cr over the last 3 fiscal years against ₹5.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹8.0 Cr (FY26) — capacity paid for but not yet earning.

FY26: capex ₹19.0 Cr, work-in-progress ₹8.0 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
a build-out
CapexWork-in-progress
211593−3₹ Cr₹19₹8FY21FY22FY23FY24FY26
211593−3₹ Cr₹19₹8FY21FY23FY26

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

10 · Return on capital

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

Captain Technocast Ltd earns a ROCE of 30% in FY26. That is up from a trough of 17% in FY21. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 10.0% net margin on 1.35× asset turns.

FY26 ROCE is 30%, recovered from a FY21 trough of 17% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY26): 10.0% net margin × 1.35× asset turns × 1.85× balance-sheet leverage ≈ 25.0% on equity. Margin does its share; leverage is a meaningful part of the equation.

FY26: ROCE 30% Return on capital employed by fiscal year, % (line). 6-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the climb back from FY21's 17%
ROCEWACC
31%26%21%16%11%%30%FY21FY22FY23FY24FY26
31%26%21%16%11%%30%FY21FY23FY26
11 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

Captain Technocast Ltd carries ₹20.0 Cr of borrowings against ₹52.0 Cr of equity in FY26, a debt-to-equity of 0.38. Operating profit covers the interest bill 9×. Over 5 years borrowings went from ₹10.0 Cr to ₹20.0 Cr. Capital spending ran ₹30.0 Cr across the last 3 of those years.

FY26: borrowings of ₹20.0 Cr against equity of ₹52.0 Cr — a debt-to-equity of 0.38. Operating profit covers the interest bill 9×. Over 5 years borrowings went from ₹10.0 Cr to ₹20.0 Cr while capital spending ran ₹30.0 Cr in just the last 3 — part of the build-out is riding on borrowed money.

FY26: borrowings ₹20.0 Cr at 0.38× equity Borrowings by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 7-year window. Quarterly balance-sheet history is not held for India — annual is the honest resolution.
the debt trajectory
BorrowingsDebt-to-equity
220.7×160.6×110.4×50.2×00.1×₹ Cr×₹200.38×FY20FY21FY23FY24FY26
220.7×160.6×110.4×50.2×00.1×₹ Cr×₹200.38×FY20FY23FY26
12 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Promoters cut 8.9 points of Captain Technocast Ltd over 8 quarters, the biggest move on the register. That takes promoters to 64.7% of the company. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Promoters: −8.9 points over 8 quarters to 64.7%.

🚨 Why the register moved: promoters drove it (−8.9 points) — distribution into the market’s bid.

Fiscal-year ends: promoters −8.9 pts from Mar 24 to Mar 26 Shareholding at each fiscal-year end (March quarter), % of the company. 3 year-ends held.
PromotersPublic
77%64%50%36%23%%64.7%35.3%Mar 24Mar 25Mar 26
77%64%50%36%23%%64.7%35.3%Mar 24Mar 25Mar 26
Promoters cut 8.9 points over 8 quarters Shareholding by holder class, % of the company, quarterly, last 13 quarters.
PromotersPublic
77%64%50%36%23%%64.7%35.3%Jun 23Dec 24Jun 26
77%64%50%36%23%%64.7%35.3%Jun 23Dec 24Jun 26
13 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Captain Technocast Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

14 · Related companies · Castings, Forgings & Fastners
CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Uniparts India LtdUNIPARTS 81.9/100Sector-leading setup100% evidence LEADER 32.4/35 Revenue 27.5% · PAT 85.6% · OPM change 5 pp 100% evidence 17.3/25 ROCE 21.6% · OPM 24% 100% evidence 13.5/20 P/E 20.1× · PEG 0.38 100% evidence 18.7/20 RS sector 24.2% · RS bench 54.2% · 1Y 133.5%12 of 12 weeks ahead 100% evidence
Exact sum: 32.4 + 17.3 + 13.5 + 18.7 = 81.9 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
2Gala Precision Engineering LtdGALAPREC 62.1/100Mixed-positive evidence80% evidence LEADER 28.2/35 Revenue 31.8% · PAT 37.2% · OPM change 1 pp 95% evidence 13.8/25 ROCE 15.6% · OPM 16.3% 95% evidence 10.2/20 P/E 34.9× · PEG — 15% evidence 9.9/20 RS sector -3% · RS bench 20.8% · 1Y 24.8%12 of 12 weeks ahead 100% evidence
Exact sum: 28.2 + 13.8 + 10.2 + 9.9 = 62.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3Captain Technocast Ltdthis page540652 59.8/100Thin evidence · provisional51% evidence 20.7/35 Revenue 78.2% · PAT 100% · OPM change -2 pp 48% evidence 18.4/25 ROCE 29.7% · OPM 12% 76% evidence 9.9/20 P/E 53.1× · PEG — 50% evidence 10.8/20 RS sector — · RS bench 24.5% · 1Y —2 of 2 weeks ahead 25% evidence
Exact sum: 20.7 + 18.4 + 9.9 + 10.8 = 59.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
4Sona BLW Precision Forgings LtdSONACOMS 59.4/100Mixed-positive evidence97% evidence LEADER 22.3/35 Revenue 39.6% · PAT 18.1% · OPM change -1 pp 95% evidence 12.3/25 ROCE 14.2% · OPM 23% 95% evidence 7.3/20 P/E 70.2× · PEG 3.04 100% evidence 17.5/20 RS sector 20.4% · RS bench 49.7% · 1Y 87%12 of 12 weeks ahead 100% evidence
Exact sum: 22.3 + 12.3 + 7.3 + 17.5 = 59.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5Happy Forgings LtdHAPPYFORGE 59.3/100Mixed-positive evidence100% evidence LEADER 24.2/35 Revenue 15.5% · PAT 21.1% · OPM change 2 pp 100% evidence 16.4/25 ROCE 18% · OPM 31% 100% evidence 1.3/20 P/E 55× · PEG 3.72 100% evidence 17.4/20 RS sector 23.7% · RS bench 53.5% · 1Y 102.6%8 of 12 weeks ahead 100% evidence
Exact sum: 24.2 + 16.4 + 1.3 + 17.4 = 59.3 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
6Uni Abex Alloy Products Ltd504605 59.3/100Mixed-positive evidence82% evidence LEADER 16.6/35 Revenue 17.2% · PAT 100% · OPM change -7 pp 95% evidence 15.2/25 ROCE 19.2% · OPM 10.5% 76% evidence 10.2/20 P/E 20.9× · PEG — 50% evidence 17.3/20 RS sector 9.7% · RS bench 36.1% · 1Y 43.5%12 of 12 weeks ahead 100% evidence
Exact sum: 16.6 + 15.2 + 10.2 + 17.3 = 59.3 · Decision use: Price leads the evidence: RS versus the benchmark is 36.1%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
7Kennametal India LtdKENNAMET 57.5/100Mixed-positive evidence96% evidence FADING 19.4/35 Revenue 10.2% · PAT -4.3% · OPM change 2.1 pp 88% evidence 16.8/25 ROCE 24.6% · OPM 16.1% 100% evidence 10.0/20 P/E 62.1× · PEG 1.53 100% evidence 11.3/20 RS sector 8.1% · RS bench 34.6% · 1Y 52.5%10 of 12 weeks ahead 100% evidence
Exact sum: 19.4 + 16.8 + 10 + 11.3 = 57.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
8Balu Forge Industries LtdBALUFORGE 56.3/100Mixed-positive evidence90% evidence ASLEEP 16.8/35 Revenue 19.9% · PAT 27% · OPM change -5 pp 88% evidence 20.4/25 ROCE 22.7% · OPM 23% 100% evidence 15.5/20 P/E 22× · PEG 1.46 100% evidence 3.6/20 RS sector -27.9% · RS bench -13.7% · 1Y -24.6%0 of 10 weeks ahead 70% evidence
Exact sum: 16.8 + 20.4 + 15.5 + 3.6 = 56.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
9Amic Forging Ltd544037 56.1/100Thin evidence · provisional58% evidence LEADER 17.9/35 Revenue — · PAT — · OPM change 5 pp 26% evidence 19.9/25 ROCE 23.5% · OPM 33% 76% evidence 7.5/20 P/E 79.2× · PEG — 50% evidence 10.8/20 RS sector -0.6% · RS bench 24.4% · 1Y 34%12 of 12 weeks ahead 100% evidence
Exact sum: 17.9 + 19.9 + 7.5 + 10.8 = 56.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
10Steelcast LtdSTEELCAS 55.8/100Mixed-positive evidence100% evidence LEADER 16.4/35 Revenue 9.2% · PAT 15.2% · OPM change 0 pp 100% evidence 19.1/25 ROCE 32.3% · OPM 26% 100% evidence 8.6/20 P/E 37× · PEG 1.7 100% evidence 11.7/20 RS sector 5.7% · RS bench 31.3% · 1Y 50.6%10 of 12 weeks ahead 100% evidence
Exact sum: 16.4 + 19.1 + 8.6 + 11.7 = 55.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
11Bharat Forge LtdBHARATFORG 54.3/100Mixed-positive evidence71% evidence BREAKING OUT 20.4/35 Revenue 11.2% · PAT 19.1% · OPM change -1 pp 83% evidence 12.8/25 ROCE 12.6% · OPM 17% 76% evidence 9.0/20 P/E 96× · PEG — 15% evidence 12.1/20 RS sector 8.9% · RS bench 34.9% · 1Y 97.6%10 of 12 weeks ahead 100% evidence
Exact sum: 20.4 + 12.8 + 9 + 12.1 = 54.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
12M M Forgings LtdMMFL 52.7/100Mixed-positive evidence96% evidence BREAKING OUT 11.9/35 Revenue 4.3% · PAT -18.9% · OPM change -1 pp 88% evidence 10.7/25 ROCE 9% · OPM 19% 100% evidence 12.9/20 P/E 31× · PEG 0.66 100% evidence 17.2/20 RS sector 20.8% · RS bench 50% · 1Y 87.1%6 of 12 weeks ahead 100% evidence
Exact sum: 11.9 + 10.7 + 12.9 + 17.2 = 52.7 · Decision use: Price leads the evidence: RS versus the benchmark is 50%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
13Tirupati Forge LtdTIRUPATIFL 50.2/100Mixed-positive evidence76% evidence BREAKING OUT 13.6/35 Revenue 41.3% · PAT -19.9% · OPM change -2.1 pp 83% evidence 7.9/25 ROCE 7.5% · OPM 9.2% 95% evidence 8.7/20 P/E 148× · PEG — 15% evidence 20.0/20 RS sector 32.3% · RS bench 63.6% · 1Y 86.3%10 of 12 weeks ahead 100% evidence
Exact sum: 13.6 + 7.9 + 8.7 + 20 = 50.2 · Decision use: Price leads the evidence: RS versus the benchmark is 63.6%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
14CIE Automotive India LtdCIEINDIA 45.1/100Mixed-negative evidence100% evidence ASLEEP 18.5/35 Revenue 12.5% · PAT 14.3% · OPM change 1 pp 100% evidence 14.2/25 ROCE 14.7% · OPM 15% 100% evidence 10.8/20 P/E 17.4× · PEG 2.4 100% evidence 1.6/20 RS sector -26.9% · RS bench -8.1% · 1Y 1.3%0 of 12 weeks ahead 100% evidence
Exact sum: 18.5 + 14.2 + 10.8 + 1.6 = 45.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
15Ramkrishna Forgings LtdRKFORGE 44.6/100Mixed-negative evidence75% evidence BREAKING OUT 14.8/35 Revenue 8.6% · PAT -71.3% · OPM change 4 pp 95% evidence 7.5/25 ROCE 5.6% · OPM 18% 76% evidence 8.8/20 P/E 115× · PEG — 15% evidence 13.5/20 RS sector 1.8% · RS bench 27.9% · 1Y 28.4%4 of 12 weeks ahead 100% evidence
Exact sum: 14.8 + 7.5 + 8.8 + 13.5 = 44.6 · Decision use: Price leads the evidence: RS versus the benchmark is 27.9%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
16Nelcast LtdNELCAST 41.6/100Mixed-negative evidence87% evidence ASLEEP 15.1/35 Revenue 4.2% · PAT -1.8% · OPM change -3.9 pp 95% evidence 12.0/25 ROCE 11.4% · OPM 4.6% 95% evidence 11.9/20 P/E 26.6× · PEG — 50% evidence 2.6/20 RS sector -22.2% · RS bench -2.5% · 1Y -25.7%6 of 12 weeks ahead 100% evidence
Exact sum: 15.1 + 12 + 11.9 + 2.6 = 41.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
17Alicon Castalloy LtdALICON 36.0/100Mixed-negative evidence77% evidence ASLEEP 9.7/35 Revenue 3% · PAT -25.2% · OPM change -1.8 pp 83% evidence 9.8/25 ROCE 10% · OPM 9.2% 95% evidence 11.1/20 P/E 31.1× · PEG — 50% evidence 5.4/20 RS sector -20.7% · RS bench -4.3% · 1Y -17.4%0 of 10 weeks ahead 70% evidence
Exact sum: 9.7 + 9.8 + 11.1 + 5.4 = 36 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
18Sterling Tools LtdSTERTOOLS 26.9/100Adverse evidence81% evidence ASLEEP 7.2/35 Revenue -19.3% · PAT -49.7% · OPM change -0.9 pp 95% evidence 9.0/25 ROCE 7.2% · OPM 10.6% 95% evidence 7.2/20 P/E 46.1× · PEG — 50% evidence 3.5/20 RS sector -42.6% · RS bench -8% · 1Y -28.2%4 of 10 weeks ahead 70% evidence
Exact sum: 7.2 + 9 + 7.2 + 3.5 = 26.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
19Synergy Green Industries LtdSGIL 26.0/100Adverse evidence76% evidence FADING 4.4/35 Revenue 1.1% · PAT -72.4% · OPM change -6.5 pp 83% evidence 7.1/25 ROCE 9.2% · OPM 8.8% 95% evidence 8.5/20 P/E 188× · PEG — 15% evidence 6.0/20 RS sector -13.5% · RS bench 8.8% · 1Y 14.5%8 of 12 weeks ahead 100% evidence
Exact sum: 4.4 + 7.1 + 8.5 + 6 = 26 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
20Sundaram Clayton LtdSUNCLAY 23.2/100Adverse evidence74% evidence ASLEEP 10.4/35 Revenue -3.9% · PAT 100% · OPM change -1.2 pp 74% evidence 0.3/25 ROCE -3.3% · OPM 2% 100% evidence 11.5/20 P/E 10.9× · PEG — 15% evidence 1.0/20 RS sector -31.2% · RS bench -13.1% · 1Y -36%0 of 12 weeks ahead 100% evidence
Exact sum: 10.4 + 0.3 + 11.5 + 1 = 23.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

15 · Frequently asked questions

Frequently asked questions

What is Captain Technocast Ltd's share price today?

Captain Technocast Ltd trades at ₹266. The company is valued at ₹617 Cr. The stock sits at 100% of its 52-week range of ₹167–₹266, +29.9% versus its 200-day average. On the tape, the price is building a base, 7 weeks in. — as of 7 August 2026.

What were Captain Technocast Ltd's latest quarterly results?

Captain Technocast Ltd reported revenue of ₹67.0 Cr and net profit of ₹6.0 Cr for the Mar 26 quarter. Revenue rose 31.4% and profit rose 20.0% year on year. Earnings per share were ₹2.24. The operating margin was 12.0%, 2.0 pp lower than a year earlier. — as of 7 August 2026.

What is Captain Technocast Ltd's revenue?

Captain Technocast Ltd reported revenue of ₹67.0 Cr in the Mar 26 quarter, +31.4% year on year. For the full FY26 fiscal year, revenue was ₹130 Cr (+41.3%). Over the last 6 years revenue compounded at 25.0% a year. — as of 7 August 2026.

What is Captain Technocast Ltd's profit?

Captain Technocast Ltd earned ₹6.0 Cr of net profit in the Mar 26 quarter, +20.0% year on year — the 4th straight quarter of growth. Full-year FY26 profit was ₹13.0 Cr. The operating margin ran 12.0% in the latest quarter. — as of 7 August 2026.

What is Captain Technocast Ltd's market cap?

Captain Technocast Ltd's market capitalisation is ₹617 Cr at a share price of ₹266. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 7 August 2026.

What is Captain Technocast Ltd's P/E ratio?

Captain Technocast Ltd trades at a P/E of 53.1×, at the 63rd percentile of its own 6-year range, against a long-run median of 42.0×. This is a comparison with the stock's own history, not a value call — as of 7 August 2026.

Does Captain Technocast Ltd pay a dividend?

Not in its latest year — Captain Technocast Ltd's dividend payout was 0% of profit in FY26. It did record a payout in 3 of its last 7 reported fiscal years, so there is a history but no current dividend. This page holds the payout ratio, not a per-share amount. — as of 7 August 2026.

Is Captain Technocast Ltd overvalued?

On its own history, Captain Technocast Ltd looks mid-range against its own history: its P/E of 53.1× sits at the 63rd percentile of its 6-year range (long-run median 42.0×). That is a percentile read against the stock's own past, not a price opinion or a direction call. One caveat: margins are the best this company has ever printed — cheap on record margins is not the same thing as cheap. — as of 7 August 2026.

Is Captain Technocast Ltd growing?

Yes — Captain Technocast Ltd is growing: latest-quarter revenue +31.4% year on year, profit +20.0%, and the margin −2.0 pp at 12.0%. The 6-year compound rates are 25.0% (revenue) and 36.6% (profit). The earnings engine currently reads: improving — as of 7 August 2026.

How is Captain Technocast Ltd performing?

Captain Technocast Ltd is building a base, 7 weeks in. Its latest quarter's revenue rose 31.4% and profit rose 20.0% year on year. This describes what the data did, not a rating. — as of 7 August 2026.

What stage is Captain Technocast Ltd in?

Turning around — profit growth swung from +0.0% at the trough to +20.0% off a 4-quarter-old trough (single-quarter readings), ROCE lifting at 30.0%. The read comes from the last 12 quarters of growth (revenue growth +31.4% latest, profit growth +20.0% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 7 August 2026.

Is Captain Technocast Ltd in an uptrend?

No — the price is building a base (week 7 of stage 1), trading +29.9% versus its 200-day average and at 100% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 7 August 2026.

Will Captain Technocast Ltd's share price go up?

This page publishes no price forecast for Captain Technocast Ltd. What it measures instead: the share price is ₹266, the price is building a base 7 weeks in. Its P/E of 53.1× sits at the 63rd percentile of its own 6-year range. — as of 7 August 2026.

Who owns Captain Technocast Ltd?

Promoters hold 64.7% of Captain Technocast Ltd, foreign institutions null%, domestic institutions null% and the public 35.3% (latest quarter). The biggest move on the register over the last two years: Promoters cut 8.9 points over 8 quarters. — as of 7 August 2026.

Does Captain Technocast Ltd have too much debt?

It is moderate — Captain Technocast Ltd's debt-to-equity is 0.38, and operating profit covers the interest bill 9×. FY26 borrowings were ₹20.0 Cr against equity of ₹52.0 Cr. Read the returns on this page with that leverage in mind — as of 7 August 2026.

What is Captain Technocast Ltd's capex?

Captain Technocast Ltd spent ₹30.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹19.0 Cr, with ₹8.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 7 August 2026.

What is Captain Technocast Ltd's cash flow?

Captain Technocast Ltd generated ₹8.0 Cr of operating cash flow in FY26 and ₹−11.0 Cr of free cash flow after ₹19.0 Cr of capital spending. Reported profit that year was ₹13.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 7 August 2026.

Is Captain Technocast Ltd's profit real cash?

Yes — over the last 3 fiscal years, 100% of Captain Technocast Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹8.0 Cr against reported profit of ₹13.0 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 7 August 2026.

Where is Captain Technocast Ltd in its business cycle?

Captain Technocast Ltd's FY26 operating margin was 13.0%, against a 7-year band of 8.0%–13.0%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 12.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 7 August 2026.

What could break the Captain Technocast Ltd story?

The sharpest disagreement: Promoters moved −8.9 points over 8 quarters while the operating story went the other way — someone close to the numbers is not convinced. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 7 August 2026.

Is Captain Technocast Ltd a stock worth studying right now?

This is not investment advice. The machine read: Captain Technocast Ltd is printing record margins on a fuller multiple. From here the earnings must do all the lifting. The sharpest open question: whether the register turns back in the story’s favour. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 7 August 2026.

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