Steelcast Ltd. (STEELCAS) AI Stock Analysis

• Market Cap: ₹21.81B
• Dividend Yield: 0.47%
• Average Volume (3M): 20.49K
• Price to Earnings (P/E): 24.5
• Beta (1Y): 0.73
• 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: -7.39
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: ₹252.00 ▲(19.21% 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.

Steelcast Ltd. Business Overview & Revenue Model

Company Description

Steelcast Ltd. (STEELCAS) is a leading manufacturer specializing in the production of high-quality castings primarily for the steel and industrial sectors. The company offers a diverse range of products including steel castings, alloy castings, and specialized components that cater to various applications such as machinery, construction, and automotive industries. With a commitment to innovation and precision engineering, Steelcast Ltd. serves both domestic and international markets, positioning itself as a trusted supplier in the heavy manufacturing landscape.

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: Negative
• Last Price: 211.40
• 50DMA: Negative
• 100DMA: Negative
• 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 Negative. The current price of 211.4 is below the 20-day moving average (MA) of 221.66, below the 50-day MA of 218.69, and above the 200-day MA of 202.18, indicating a neutral trend. The MACD of 0.25 indicates Positive momentum. The RSI at 45.81 is Neutral, neither overbought nor oversold. The STOCH value of 28.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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	₹28.50B	26.61	―	1.05%	-1.47%	-15.20%
STEELCAS	72 Outperform	₹21.81B	24.49	―	0.47%	27.37%	42.85%
NITINSPIN	67 Neutral	₹17.99B	10.78	―	0.90%	6.61%	20.42%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
SPIC	61 Neutral	₹18.49B	11.56	―	2.20%	46.18%	28.68%
MANGLMCEM	59 Neutral	₹20.92B	34.71	―	0.20%	3.95%	-2.94%
MOL	46 Neutral	₹19.74B	-22.36	―	―	―	―

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.