# Electrosteel Castings share price today (Electrosteel Castings Ltd, NSE: ELECTCAST)

> Electrosteel Castings share price today: ₹66.67 at the NSE close on 3 November 2026, down 26.9% in a year. Electrosteel Castings (NSE: ELECTCAST) is worth ₹4,119 crore, trades at a P/E of 25.9 and has closed between ₹63.42 and ₹92.29 over the past 52 weeks. > Electrosteel Castings Ltd's share price has risen faster than its earnings: −26.9% in a year, against −77.3% for earnings per share. ELECTCAST · DI Pipes/Saw Pipes · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/electrosteel-castings-ltd

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: ₹66.67 (−26.9% in a year)
- P/E: 25.9× (higher than 97% of the last 9.2 years)
- Revenue (Jun 2026): ₹1,426 Cr (−8.5% on a year ago)
- Profit (Jun 2026): ₹48.0 Cr (−46.1% on a year ago)
- Operating margin: 7.0% (−4.0 points on a year ago)
- ROCE: 5%, FY26
- ROIC: 0.9%, against a 12.0% cost of capital: −11.1 points

The main question: the share price moved −26.9% in a year while yearly earnings per share moved −77.3%. The difference came from the market paying a higher multiple. ## What is the Electrosteel Castings share price today? Electrosteel Castings Ltd's share price was ₹66.67 at the close on 3 November 2026. It has been falling for 100 weeks. That is 15.2% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹63 and ₹92, and at that close it sat 11% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row. Over the last 11 years the share price moved +263% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Electrosteel Castings this quarter? 4 points in one quarter and revenue down on a year earlier for 8 quarters in a row. 1. Foreign funds (FIIs) cut their stake for 3 quarters in a row From 19.4% to 8.6% of the company by the September 2026 quarter. 2. Promoters raised their stake by 4.4 points in one quarter From 50.1% to 54.5% in the September 2026 quarter. 3. Revenue down on a year earlier for 8 quarters in a row In the June 2026 quarter revenue was ₹1,426 crore, -8.5% on a year earlier. Why: Revenue fell because government Jal Jeevan payments stopped reaching projects, so demand for water pipes was weak while industry capacity was already high. Next results: check whether the Jal Jeevan money and September bookings turn into actual pipe dispatches and better plant loading. From the earnings call on 29 Sep 2026. ## What are Electrosteel Castings' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Electrosteel Castings reported revenue of ₹1,426 crore, down 8.5% from ₹1,558 crore a year earlier, and a profit of ₹48.0 crore, down 46.1% from ₹89.0 crore. ### Electrosteel Castings results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹1,426 crore | ₹1,558 crore | −8.5% |
| Profit | ₹48.0 crore | ₹89.0 crore | −46.1% |
| Earnings per share | ₹0.78 | ₹1.44 | −45.8% |
| Operating margin | 7.0% | 11.0% | −4.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Electrosteel Castings' management discussed these results on a call held on 29 September 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Electrosteel Castings share price history? Electrosteel Castings closed at ₹66.67 on 3 November 2026, down 26.9% from ₹91.25 a year earlier (31 October 2025) and up 91.9% over five years. Its highest weekly close since March 2016 was ₹230.91 on 13 September 2024. ### Electrosteel Castings share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹66.29 | +0.6% |
| 1 month ago · 1 Oct 2026 | ₹74.54 | −10.6% |
| 6 months ago · 30 Apr 2026 | ₹81.99 | −18.7% |
| 1 year ago · 31 Oct 2025 | ₹91.25 | −26.9% |
| 3 years ago · 3 Nov 2023 | ₹90.00 | −25.9% |
| 5 years ago · 4 Nov 2021 | ₹34.75 | +91.9% |
| 10 years ago · 4 Nov 2016 | ₹24.45 | +172.7% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹18.35 | +263.3% |
| Highest weekly close since March 2016 · 13 Sep 2024 | ₹230.91 | −71.1% |
| Lowest weekly close since March 2016 · 22 May 2020 | ₹8.95 | +644.9% |
| 52-week high (weekly close) · 8 May 2026 | ₹92.29 | −27.8% |
| 52-week low (weekly close) · 6 Mar 2026 | ₹63.42 | +5.1% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (560 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Electrosteel Castings? 3 Nov 2026: Electrosteel Castings closed at ₹66.67, up 0.6% on the week and down 10.6% on the month. 29 Sep 2026: Electrosteel Castings held its results call for April to June 2026. Management guided: Jal Jeevan central disbursement expected at ₹10,000 crore in October and each following month, reaching about ₹40,000 crore by end-Q3. ### Earlier

- 14 Aug 2026: ex-date for a dividend of ₹0.90 a share. - Results for April to June 2026: Revenue down 8.5% and profit down 46.1% on a year earlier. ## What dividend does Electrosteel Castings pay? Electrosteel Castings paid ₹0.90 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 1.35% at the ₹66.67 close on 3 November 2026. The last was a dividend of ₹0.90 a share, ex-date 14 August 2026. ### Electrosteel Castings dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 14 Aug 2026 | ₹0.90 | Dividend | same day |
| 14 Aug 2025 | ₹1.40 | Dividend | 15 Aug 2025 |
| 16 Aug 2024 | ₹0.90 | Dividend | n/a |
| 21 Feb 2024 | ₹0.50 | Interim | same day |
| 4 Sep 2023 | ₹0.90 | Dividend | n/a |
| 8 Sep 2022 | ₹0.80 | Dividend | n/a |
| 26 Aug 2021 | ₹0.25 | Dividend | n/a |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Electrosteel Castings Ltd paid out 34% of its profit as dividends in FY26, and it paid a dividend in 8 of its last 13 reported years. 4 of those years show a negative figure because profit itself was negative. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Electrosteel Castings management say on the latest results call? On the call for April to June 2026, held on 29 September 2026, Electrosteel Castings' management guided: Jal Jeevan central disbursement expected at ₹10,000 crore in October and each following month, reaching about ₹40,000 crore by end-Q3. > “It is more or less permanent. We are not pursuing any greenfield expansion in ductile iron pipes. The greenfield ductile iron pipe project that we were considering in Odisha is currently under abeyance, and we do not foresee it being taken up.”
> Electrosteel Castings management, on the call for April to June 2026

### What management guided

- Operating margin expected to reach double digits from end-Q3 or beginning-Q4 and return to around 14% next financial year. - Electrosteel capacity utilization planned at 75-80% by end of this financial year. - Consolidated revenue goal of ₹10,000 crore by 2030, with DI contributing 50-60% and adjacent businesses supplying 40-50%. - Valves planned at least ₹1,000 crore and industrial paints approximately ₹1,000 crore by 2030; paints operating margin expected in the mid-teens. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/91-29-Sep-2026.pdf). (From the call for April to June 2026, 29 September 2026.)

## What to watch in Electrosteel Castings' next results? When Electrosteel Castings reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Jal Jeevan releases and September EPC bookings to convert into dispatches across Andhra Pradesh, Odisha and Uttar Pradesh. - What to check (from the call)
- Jal Jeevan releases and September EPC bookings to convert into dispatches across Andhra Pradesh, Odisha and Uttar Pradesh. - Plant loading and operating margin to improve with H2 offtake; check profitability, not only booking commentary. - Domestic valve sales to show an initial India contribution after the September launch. - KSA anti-dumping appeal and Saudi dispatch continuity to test whether market diversion limits regional disruption. ## Which stock lists is Electrosteel Castings on? Electrosteel Castings is on one of our India lists: Penny stocks. [Penny stocks Earnings growth, 12 months (%): -78.83](https://www.sectoralpha.in/penny-stocks-india)

## Is Electrosteel Castings profitable? Electrosteel Castings Ltd earned ₹48.0 Cr of net profit in the Jun 2026 quarter, −46.1% on the same quarter a year earlier. Full-year FY26 profit was ₹161 Cr. That is 3.4% of the quarter's revenue. The same quarter a year earlier earned ₹89.0 Cr. 1 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was ₹161 Cr (−77.3% on the year before). Why profit moved: revenue changed −8.5% on a year earlier and the margin moved −4.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −75.0% and revenue −15.4%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Electrosteel Castings make, and is it growing? Electrosteel Castings Ltd reported ₹1,426 Cr of revenue in the Jun 2026 quarter, −8.5% on the same quarter a year earlier. Over 10 years it has grown 10.4% a year on average. The last full year, FY26, came in at ₹5,918 Cr. The last four reported quarters add to ₹5,787 Cr. FY26 revenue was ₹5,918 Cr, −19.2% on the year before. Recent pace: the last four quarters grew −15.4% on average, against 10.4% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −15.7%, against −13.9% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −79.0%, against −63.3% a year (rolling over). ## How much of every ₹100 of sales does Electrosteel Castings keep? Electrosteel Castings Ltd's operating margin was 7.0% in the Jun 2026 quarter, 4.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 6.0% and 16.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −3.9 percentage points on the year while gross margin changed −2.4 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Electrosteel Castings' profit turning into cash? Over the last 3 years, 151% of Electrosteel Castings Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹1,147 Cr of operating cash against ₹161 Cr of profit. After ₹220 Cr of spending on assets, ₹927 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 151% of profit came in as cash: the cash cycle got 20 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 1.8× depreciation over three years. The next section checks what that spending is building. ## Where does Electrosteel Castings' cash go? Electrosteel Castings Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 278 days in FY26, up from 258 days in FY21. It spent ₹805 Cr on assets over the last 3 years. Customers take 66 days to pay, and stock sits for 276 days on average. At FY26 sales of ₹5,918 Cr, each day of that cycle ties up about ₹16.2 Cr, so roughly ₹4,507 Cr is tied up in the business at any time. FY26: customers took 66 days to pay and stock sat for 276 days, about 9.1 months of sales sitting as stock, for a full cycle of 278 days, longer than FY21's 258. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 276 days. Customers pay about 66 days after that. Suppliers are paid at 63 days. Together that makes the 278-day cycle. Spending on assets: ₹805 Cr over the last 3 years, against ₹440 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹1,186 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Electrosteel Castings' P/E ratio, and how does it compare with its own history? Electrosteel Castings Ltd's P/E is 25.9×, near the high end of its own history: higher than 97% of past readings. Its usual P/E (the middle reading) is 8.8×, over 9.2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹1.96. Why the multiple is where it is: over the past year earnings per share moved −77.3% while the price moved −26.9%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +13.9% a year; about −13.5% a year came from earnings growth and about +27.4 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Electrosteel Castings business getting better or worse? Electrosteel Castings Ltd's business is getting worse. Revenue, profit and EPS growth are shrinking: revenue growth is −15.7% in the latest quarter, against +11.5% at its best in 12 quarters, with ROCE falling at 4.3%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Electrosteel Castings earn on its capital? Electrosteel Castings Ltd earned a ROCE of 5% in FY26. Its return on capital used (ROIC) is 11.1 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 2.7% net margin and 0.63× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 2.7% net margin × 0.63× asset turnover × 1.60× leverage (assets divided by equity) ≈ 2.7% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 0.9% − 12.0% = −11.1 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Electrosteel Castings have too much debt? Electrosteel Castings Ltd has total debt of ₹1,561 Cr against shareholder equity of ₹5,924 Cr as of Jun 2026, so its debt is 0.26× its equity, which is very little. Year by year, that ratio went from 0.72 in FY22 to 0.26 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Electrosteel Castings shareholding pattern? Foreign institutions cut their stake in Electrosteel Castings Ltd by 11.2 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 8.6% of the company. Promoters moved +8.3 points over the same period, to 54.5%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −11.2 points over 8 quarters, to 8.6%; Promoters: +8.3 points over 8 quarters, to 54.5%; Domestic institutions: −1.6 points over 8 quarters, to 0.3%. Why the owners changed: foreign institutions drove it (−11.2 points), with the other side taken by promoters (+8.3 points). They reduced their stake. ## How far is Electrosteel Castings from balance-sheet trouble? For Electrosteel Castings Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Electrosteel Castings rank in its industry? 29.8 out of 100, rank 3 of 4 in DI Pipes/Saw Pipes, with 78% of the evidence available. Electrosteel Castings Ltd scores 29.8 out of 100 against the 4 companies it is compared with in DI Pipes/Saw Pipes, ranking 3. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 4.5 + 6.1 + 11.7 + 7.5 = 29.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Electrosteel Castings compared with? Electrosteel Castings ranks 3 of 4 DI Pipes/Saw Pipes companies on the 4-Factor Sector Score, with 29.8 out of 100. 1. [Welspun Corp Ltd](https://www.sectoralpha.in/stocks/welspun-corp-ltd) WELCORP · leader · Evidence leans up · 90% evidence 64.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.1/35 · Revenue 13.6% · Profit 9.5% · Operating margin change 2 points · 100% evidence Capital efficiency 20.1/25 · ROCE 22.9% · Operating margin 16% · 100% evidence Valuation 5.0/20 · P/E 26.1× · PEG 4.69 · 50% evidence Relative strength 20.0/20 · Lead over its industry 53.4% · Lead over NIFTY 500 74% · 1 year 141.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 19.1 + 20.1 + 5 + 20 = 64.2 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 2. [Jai Balaji Industries Ltd](https://www.sectoralpha.in/stocks/jai-balaji-industries-ltd) JAIBALAJI · turning · Most evidence points down · 93% evidence 32.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 7.6/35 · Revenue 2% · Profit -65.6% · Operating margin change 0 points · 88% evidence Capital efficiency 7.0/25 · ROCE 9.6% · Operating margin 9% · 100% evidence Valuation 11.4/20 · P/E 38.4× · PEG 0.87 · 85% evidence Relative strength 6.2/20 · Lead over its industry -23.4% · Lead over NIFTY 500 -4.6% · 1 year -34.6% · 100% evidence · 4 of 12 weeks ahead Exact sum: 7.6 + 7 + 11.4 + 6.2 = 32.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. Electrosteel Castings Ltd this page ELECTCAST · quiet · Most evidence points down · 78% evidence 29.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 4.5/35 · Revenue -15.7% · Profit -79% · Operating margin change -4 points · 88% evidence Capital efficiency 6.1/25 · ROCE 5% · Operating margin 7% · 100% evidence Valuation 11.7/20 · P/E 24.7× · PEG 0.35 · 85% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -11.6% · 1 year -30.3% · 25% evidence · 3 of 12 weeks ahead Exact sum: 4.5 + 6.1 + 11.7 + 7.5 = 29.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Jindal Saw Ltd](https://www.sectoralpha.in/stocks/jindal-saw-ltd) JINDALSAW · losing its lead · Most evidence points down · 97% evidence 29.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 2.7/35 · Revenue -0.7% · Profit -55.5% · Operating margin change -5 points · 100% evidence Capital efficiency 8.9/25 · ROCE 10.4% · Operating margin 6% · 100% evidence Valuation 12.6/20 · P/E 26.6× · PEG 0.21 · 85% evidence Relative strength 5.0/20 · Lead over its industry -10.5% · Lead over NIFTY 500 6.9% · 1 year 30.3% · 100% evidence · 9 of 12 weeks ahead Exact sum: 2.7 + 8.9 + 12.6 + 5 = 29.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. 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 path the industry 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 growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [DI Pipes/Saw Pipes](https://www.sectoralpha.in/sectors/di-pipes-saw-pipes), all 4 compared on one page. ## Which companies are close to Electrosteel Castings in size? Electrosteel Castings is the 4th largest of 4 DI Pipes/Saw Pipes companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Welspun Corp, Jindal Saw and Jai Balaji Industries. It is the smallest. ### DI Pipes/Saw Pipes companies close in size

1. [Welspun Corp Ltd](https://www.sectoralpha.in/stocks/welspun-corp-ltd) ₹61,769 crore
2. [Jindal Saw Ltd](https://www.sectoralpha.in/stocks/jindal-saw-ltd) ₹14,584 crore
3. [Jai Balaji Industries Ltd](https://www.sectoralpha.in/stocks/jai-balaji-industries-ltd) ₹5,613 crore
4. Electrosteel Castings Ltd ₹3,929 crore

[All 4 DI Pipes/Saw Pipes companies, largest first](https://www.sectoralpha.in/sectors/di-pipes-saw-pipes#all-companies)

### Companies close in size in other industries

1. [Capital Infra Trust](https://www.sectoralpha.in/stocks/capital-infra-trust) ₹3,934 crore · Infra/Real Estate Investment Trust
2. [Kolte Patil Developers Ltd](https://www.sectoralpha.in/stocks/kolte-patil-developers-ltd) ₹3,934 crore · Realty - Construction & Contracting
3. Electrosteel Castings Ltd ₹3,929 crore
4. [Asset Reconstruction Company (India) Ltd](https://www.sectoralpha.in/stocks/asset-reconstruction-company-indialtd) ₹3,905 crore
5. [Ashapura Minechem Ltd](https://www.sectoralpha.in/stocks/ashapura-minechem-ltd) ₹3,904 crore · Mining/Minerals

## What else do people ask about Electrosteel Castings? ### What is Electrosteel Castings's share price today? Electrosteel Castings Ltd's share price is ₹66.67, −26.9% over the past year. The whole company is worth ₹4,119 Cr on the market. In the last 52 weeks it traded between ₹63 to ₹92; today it is 11% of the way up from the low, 15.2% below its 200-day average (as of 3 November 2026). ### What were Electrosteel Castings's latest quarterly results? Electrosteel Castings Ltd reported revenue of ₹1,426 Cr and net profit of ₹48.0 Cr for the Jun 2026 quarter. Revenue fell 8.5% and profit fell 46.1% compared with a year earlier. Earnings per share were ₹0.78. The operating margin was 7.0%, 4.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Electrosteel Castings's market cap? Electrosteel Castings Ltd's market capitalisation is ₹4,119 Cr at a share price of ₹66.67. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Electrosteel Castings performing? Electrosteel Castings Ltd's share price has been falling for 100 weeks. In its latest quarter, revenue fell 8.5% and profit fell 46.1% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running (as of 3 November 2026). ### Will Electrosteel Castings's share price go up? This page does not forecast Electrosteel Castings Ltd's share price. What it shows instead: the share price is ₹66.67, and it has been falling for 100 weeks. Its P/E of 25.9× is higher than 97% of its own last 9 years (as of 3 November 2026). ### Who owns Electrosteel Castings? Promoters own 54.5% of Electrosteel Castings Ltd, foreign institutions 8.6%, domestic institutions 0.3% and the public 36.3% (latest quarter). The biggest change over the last two years: Foreign institutions cut their stake by 11.2 percentage points over 8 quarters (as of 3 November 2026). ### Where is Electrosteel Castings in its business cycle? Electrosteel Castings Ltd's FY26 operating margin was 6.0%, against a 13-year range of 6.0% to 16.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 7.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Electrosteel Castings story? The main question: the share price moved −26.9% in a year while yearly earnings per share moved −77.3%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Electrosteel Castings a stock worth studying right now? What the numbers show: Electrosteel Castings Ltd's share price has risen faster than its earnings: −26.9% in a year, against −77.3% for earnings per share. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Electrosteel Castings share price forecast for 2026? What management itself guided: Jal Jeevan central disbursement expected at ₹10,000 crore in October and each following month, reaching about ₹40,000 crore by end-Q3. ## Lists

- Penny stocks: https://www.sectoralpha.in/penny-stocks-india

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