Steelcast Ltd. (STEELCAS) AI Stock Analysis

• Market Cap: ₹21.14B
• Dividend Yield: 0.48%
• Average Volume (3M): 3.73K
• Price to Earnings (P/E): 26.7
• Beta (1Y): 0.65
• Revenue Growth: 10.11%
• EPS Growth: 16.99%
• Country: IN
• Employees: 418
• Sector: Basic Materials
• Sector Strength: 66
• Industry: Steel
• EPS (TTM): 9.82
• Shares Outstanding: 20,240,000
• 10 Day Avg. Volume: 6,489
• 30 Day Avg. Volume: 3,725
• PEG Ratio: -7.39
• 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: ₹1,219.00
• Price Target Upside: 16.72% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 72 Outperform
• Price Target: ₹1,219.00 ▲(16.72% Upside)

Steelcast Ltd. shows strong financial health with robust profitability and a solid balance sheet, which are the most significant strengths. However, technical analysis indicates potential bearish trends with the stock trading below key moving averages. The valuation is relatively high, pointing to a potential overvaluation. These factors combined result in a moderate overall stock score.

Steelcast Ltd. Business Overview & Revenue Model

Company Description

Steelcast Ltd. (STEELCAS) is a leading manufacturer of castings and components, primarily serving the industrial and automotive sectors. The company specializes in the production of high-quality steel and alloy castings, which are integral in the manufacturing of various machinery and vehicles. Steelcast Ltd. is recognized for its commitment to quality, innovation, and customer satisfaction, offering a range of products that cater to diverse industrial needs.

How the Company Makes Money

Steelcast Ltd. generates revenue through the sale of its steel and alloy castings to a wide array of industries, particularly focusing on the industrial equipment and automotive sectors. The company operates on a business-to-business (B2B) model, where it supplies components directly to manufacturers and OEMs (Original Equipment Manufacturers). Key revenue streams include long-term supply contracts with major industrial players, custom casting orders tailored to specific client needs, and partnerships with automotive companies for the consistent supply of essential components. Additionally, Steelcast Ltd. may engage in strategic alliances and joint ventures to expand its market reach and enhance its product offerings, contributing to its earnings.

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 2023	Dec 2022	Dec 2022	Dec 2020
Income Statement
Total Revenue	3.54B	3.76B	4.01B	2.97B	4.64B	1.53B
Gross Profit	1.42B	1.11B	1.05B	962.04M	1.56B	534.81M
EBITDA	1.01B	1.11B	1.20B	640.06M	1.16B	330.53M
Net Income	641.39M	721.98M	750.02M	332.72M	705.25M	120.21M
Balance Sheet
Total Assets	0.00	3.89B	3.24B	2.76B	3.05B	1.92B
Cash, Cash Equivalents and Short-Term Investments	569.27M	358.15M	287.42M	1.17M	84.61M	661.00K
Total Debt	0.00	455.00K	832.00K	627.99M	236.49M	231.10M
Total Liabilities	-2.87B	634.82M	540.30M	1.19B	898.38M	634.79M
Stockholders Equity	2.87B	3.26B	2.70B	1.57B	2.15B	1.29B
Cash Flow
Free Cash Flow	0.00	590.47M	503.90M	-333.82M	605.99M	235.26M
Operating Cash Flow	0.00	758.95M	680.49M	-660.00K	1.07B	292.90M
Investing Cash Flow	0.00	-603.67M	-236.64M	-327.19M	-542.11M	-35.02M
Financing Cash Flow	0.00	-155.21M	-446.33M	-249.62M	-540.38M	-137.97M

Steelcast Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1044.35
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 1044.35 is below the 20-day moving average (MA) of 1121.15, below the 50-day MA of 1126.47, and above the 200-day MA of 938.14, indicating a neutral trend. The MACD of -32.49 indicates Positive momentum. The RSI at 40.85 is Neutral, neither overbought nor oversold. The STOCH value of 33.39 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	74 Outperform	₹24.72B	24.05		0.78%	6.99%	-12.54%
STEELCAS	72 Outperform	₹21.14B	26.71		0.48%	10.11%	16.99%
NITINSPIN	70 Outperform	₹18.36B	10.53		0.75%	6.61%	20.42%
SPIC	61 Neutral	₹17.81B	11.45		1.78%	58.77%	37.77%
MANGLMCEM	56 Neutral	₹19.73B	32.73		0.21%	3.95%	-2.94%
Sector *	44 Neutral	C$925.44M	-8.84	-0.23%	2.69%	24.64%	-41.43%
MOL	43 Neutral	₹21.25B	―		―	―	―

Steelcast Ltd. Corporate Events

Steelcast Ltd. Releases Q1FY26 Earnings Call Recording

Steelcast Ltd. announced the availability of the audio recording from its Q1FY26 earnings conference call, which is now accessible on the company’s website. This release highlights the company’s commitment to transparency and regulatory compliance, providing stakeholders with insights into its financial performance and strategic direction.