Steelcast Ltd. (STEELCAS) AI Stock Analysis

• Market Cap: ₹21.31B
• Dividend Yield: 0.76%
• Average Volume (3M): 20.49K
• Price to Earnings (P/E): 23.9
• Beta (1Y): 0.93
• Revenue Growth: 27.37%
• EPS Growth: 42.85%
• Country: IN
• Employees: 418
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): 2.29
• Shares Outstanding: 101,200,000
• 10 Day Avg. Volume: 8,772
• 30 Day Avg. Volume: 20,488
• PEG Ratio: -7.34
• Price to Book (P/B): 6.14
• Price to Sales (P/S): 5.32
• P/FCF Ratio: 33.90
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: ₹252.00 ▲(19.29% Upside)

Steelcast Ltd. receives a solid score driven by its strong financial performance, characterized by robust profitability and a healthy balance sheet. Technical analysis supports a positive outlook with bullish momentum. However, the valuation suggests the stock may be overvalued, which could limit upside potential. The absence of earnings call data and corporate events does not impact the score significantly.

Positive Factors

Balance Sheet Health

A low Debt-to-Equity Ratio indicates minimal leverage risk, enhancing financial stability and providing flexibility for future investments.

Cash Generation Ability

Efficient cash generation relative to net income supports ongoing operations and investments, ensuring long-term financial health.

Profitability

A strong Net Profit Margin indicates effective cost management and pricing power, contributing to sustainable profitability.

Negative Factors

Revenue Growth Challenges

Volatile revenue growth can hinder long-term expansion and market competitiveness, requiring strategic adjustments to stabilize growth.

Valuation Concerns

A high P/E ratio suggests potential overvaluation, which could limit future stock price appreciation and attract investor scrutiny.

Dividend Yield

A low dividend yield may deter income-focused investors, impacting the attractiveness of the stock for those seeking regular income.

Steelcast Ltd. Business Overview & Revenue Model

Company Description

Steelcast Limited engages in the manufacture and sale of steel castings in India. The company offers carbon, low and high alloy, manganese, and other grades of wear and abrasion resistant steel casting products. Its products are used in earthmoving equipment, mining and mineral processing, railway, steel plant, cement, energy, valve and pump, electro locomotive, aerobridge, oil field, shipping, general engineering, and thermal and hydro power industries. The company also exports its products in the United States, Germany, Thailand, Singapore, Denmark, Mexico, Brazil, China, South Korea, Australia, and Japan. Steelcast Limited was founded in 1960 and is headquartered in Bhavnagar, India.

How the Company Makes Money

Steelcast Ltd. generates revenue through the sale of its castings and components, which are produced using advanced manufacturing techniques and high-grade materials. The company's primary revenue streams include direct sales to OEMs (Original Equipment Manufacturers) and bulk orders from industrial clients across various sectors. Additionally, Steelcast engages in long-term contracts with clients, ensuring a steady flow of income. Strategic partnerships with key players in the steel and industrial sectors further enhance its market reach and stability. The company's focus on quality assurance and customer service also contributes to repeat business and client retention, forming an integral part of its earnings strategy.

Steelcast Ltd. Financial Statement Overview

Summary

Steelcast Ltd. demonstrates strong financial health with consistent profitability and efficient operations. The balance sheet is particularly robust, with low leverage and high equity, providing a cushion against potential market fluctuations. Cash flow management is effective, supporting ongoing operations and investments. While revenue growth has faced challenges, the company maintains its profitability and financial stability, positioning it well for future growth.

Income Statement

Steelcast Ltd. shows a strong and consistent profitability trend with a Gross Profit Margin of 29.56% and Net Profit Margin of 19.19% for 2025. Revenue growth has been volatile with a noticeable dip in 2024, but the EBIT and EBITDA margins are commendable, indicating operational efficiency.

Balance Sheet

The company maintains a healthy balance sheet with a low Debt-to-Equity Ratio of 0.0001, reflecting minimal leverage risk. The Return on Equity stands at an impressive 22.15%, showcasing strong returns for shareholders. The Equity Ratio is substantial at 83.67%, indicating financial stability and less reliance on debt.

Cash Flow

Steelcast Ltd.'s cash flow is robust with a stable Operating Cash Flow to Net Income Ratio of 1.05, indicating efficient cash generation relative to net income. The Free Cash Flow to Net Income Ratio is 0.82, showing good free cash flow generation despite fluctuations in capital expenditures.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.05B	3.76B	4.01B	4.64B	2.97B	1.53B
Gross Profit	1.65B	1.11B	1.05B	1.56B	962.04M	534.81M
EBITDA	1.20B	1.11B	1.20B	1.16B	640.06M	330.53M
Net Income	791.51M	721.98M	750.02M	705.25M	332.72M	120.21M
Balance Sheet
Total Assets	0.00	3.89B	3.24B	3.05B	2.76B	1.92B
Cash, Cash Equivalents and Short-Term Investments	353.46M	358.15M	287.42M	52.61M	1.17M	661.00K
Total Debt	0.00	455.00K	832.00K	236.49M	627.99M	231.10M
Total Liabilities	-3.26B	634.82M	540.30M	898.38M	1.19B	634.79M
Stockholders Equity	3.26B	3.26B	2.70B	2.15B	1.57B	1.29B
Cash Flow
Free Cash Flow	0.00	590.47M	641.10M	605.99M	-333.82M	235.26M
Operating Cash Flow	0.00	758.95M	819.24M	1.07B	-660.00K	292.90M
Investing Cash Flow	0.00	-603.67M	-236.64M	-531.65M	-327.19M	-35.02M
Financing Cash Flow	0.00	-155.21M	-446.33M	-540.38M	328.36M	-137.97M

Steelcast Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 211.25
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:STEELCAS, the sentiment is Neutral. The current price of 211.25 is above the 20-day moving average (MA) of 208.57, below the 50-day MA of 213.85, and above the 200-day MA of 210.93, indicating a neutral trend. The MACD of -0.58 indicates Negative momentum. The RSI at 49.49 is Neutral, neither overbought nor oversold. The STOCH value of 56.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:STEELCAS.

Steelcast Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VSSL	75 Outperform	₹26.19B	24.46	―	1.03%	-1.47%	-15.20%
STEELCAS	72 Outperform	₹21.31B	23.93	―	0.76%	27.37%	42.85%
NITINSPIN	67 Neutral	₹17.54B	10.51	―	0.94%	1.79%	7.55%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
SPIC	61 Neutral	₹15.91B	8.56	―	2.46%	47.79%	74.12%
MANGLMCEM	59 Neutral	₹20.61B	26.73	―	0.19%	10.61%	43.88%
MOL	45 Neutral	₹15.27B	38.49	―	―	―	―