Electrosteel Castings stock | 2026 earnings growth & current analysis

Electrosteel Casting...

BSE:500128

Rp 73,62

Rp0,00 (0,00%)

73,62 Rp

Rp0,00 (0,00%)

End-of-day quote: 03/31/2026

Electrosteel Castings Stock Value

Analysts currently rate BSE:500128 as Hold.

Hold

Electrosteel Castings Company Info

EPS Growth 5Y

47,04%

Market Cap

Rp45,51 B

Long-Term Debt

Rp2,18 B

Annual earnings

05/10/2026 (E)

Dividend

Rp1,40

Dividend Yield

1,90%

Founded

1955

Industry

Materials

Country

India

Website

Electrosteel Castings

ISIN Number

INE086A01029

Website

http://www.electrosteel.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Rp61,00

-17.14%

Last Update: 03/31/2026

Analysts: 1

Highest Price Target Rp61,00

Average Price Target Rp61,00

Lowest Price Target Rp61,00

In the last five quarters, Electrosteel Castings’s Price Target has fallen from Rp458,49 to Rp111,00 - a -75,79% decrease. One analysts predict that Electrosteel Castings’s share price will fall in the coming year, reaching Rp61,00. This would represent a decrease of -17,14%.

Top growth stocks in the materials sector (5Y.)

What does Electrosteel Castings do?

Electrosteel Castings Limited manufactures and markets ductile iron pipes, fittings, and accessories. The company primarily serves the water and wastewater sector, providing solutions that cater to the infrastructure needs of various developmental projects, including irrigation, drinking water, and sewage systems. Business Segments The company operates primarily within the manufacturing segment focused on ductile iron products. The company’s manufacturing facilities produce a range of items,...

Business Segments

The company operates primarily within the manufacturing segment focused on ductile iron products. The company’s manufacturing facilities produce a range of items, including pipes used for the transmission of drinking water, as well as fittings and valves essential for water distribution systems. The focus on ductile iron as a core material stems from its superior mechanical properties and longevity in comparison to traditional materials. This segment serves multiple end-users, such as municipal corporations, contractors, and government projects focusing on town planning and infrastructure development.

Business Strategy

The company actively pursues a multipronged business strategy to enhance its market presence and efficiency. One of the key aspects of the company's strategy involves investment in advanced technologies that optimize production processes and improve product quality. By leveraging modern manufacturing techniques, the company aims to reduce costs and increase productivity, ultimately leading to a stronger competitive stance in the market.

Additionally, the company places significant emphasis on customer relations and understanding market needs. By nurturing long-term partnerships with clients, the company can tailor products and services that directly address client requirements. The focus on customer feedback mechanisms allows the company to continuously improve offerings and adapt to changing market dynamics.

Furthermore, the company aims to expand its geographical reach by penetrating new markets both domestically and internationally. By exploring opportunities in emerging markets, the company seeks to diversify its revenue streams and mitigate risks associated with market fluctuations. This proactive approach aids in identifying partnership and collaboration opportunities that can enhance its service offerings.

Products and Services

The company specializes in an extensive range of ductile iron products, predominantly focused on water transmission, distribution, and wastewater management. The company's primary product line consists of ductile iron pipes that are renowned for their durability, strength, and flexibility, which makes them particularly suitable for high-pressure applications.

In addition to pipes, the company manufactures a variety of fittings that facilitate the connection of pipelines, valves, and accessories that are essential for water systems. The fittings ensure the secure and efficient functioning of water transport systems, thereby enhancing overall infrastructure reliability.

The company also provides customized solutions, enabling clients to acquire products that fit specific project requirements. By offering bespoke fittings and configurations, the company caters to a diverse set of infrastructure projects, ranging from small town systems to larger metropolitan networks.

The company ensures that all its products undergo rigorous quality testing to meet both national and international standards. Quality assurance guarantees that products are safe for use in drinking water applications, reinforcing the company’s commitment to public health and safety.

The company also extends its services to include consultancy in infrastructure planning, advising on pipeline design and implementation. This holistic approach enhances customer satisfaction and fosters long-term relationships with clients. The company provides technical support and expertise throughout the project lifecycle, ensuring efficient implementation and minimal operational interruptions.

Geographical Markets Served

The company primarily operates in the Indian market but has begun to establish a footprint in international markets as well. The company is strategically focused on expanding its reach into emerging economies where demand for water infrastructure is on the rise due to urbanization and industrialization.

With increasing global calls for sustainable water usage and infrastructure development, the company is exploring opportunities in Southeast Asia and Africa. Recent market analysis indicates a substantial demand for quality water transmission products in these geographic regions, thereby aligning with the company’s objectives for growth.

Seasonality

The company may experience fluctuations based on project cycles, government tenders, and seasonal weather patterns that impact construction activities. While the infrastructure sector may have peak construction periods during certain months, the company aims to maintain continuous production and supply capabilities through effective inventory management and strategic planning. This enables the company to adapt to project schedules and client demands regardless of seasonal variations.

Customers

The company's customer base is diverse, catering to multiple sectors including municipal corporations, government agencies, contractors, and large-scale infrastructure developers. The company serves numerous clients across India, alongside exploring opportunities in international markets. The company maintains long-term contracts and partnerships with both private and public sector entities.

Sales and Marketing

The company employs a multi-channel sales and marketing strategy to effectively reach its target market. The company utilizes both direct sales efforts and partnerships with distributors and contractors to enhance product availability.

Through targeted marketing initiatives, including attendance at industry exhibitions and trade shows, the company raises brand awareness and engages potential clients. In addition, the company’s online presence and digital marketing strategies enable outreach to a broader audience, enhancing visibility in niche markets.

The distribution channels are strategically selected to ensure efficiency in product delivery, leveraging logistics partnerships for timely and cost-effective transportation of products to clients. This multi-faceted approach allows for flexibility in meeting clients’ demands while minimizing lead times.

History

Electrosteel Castings Limited was founded in 1955. The company was incorporated in 1955. The company was formerly known as Dalmia Iron and Steel Ltd.

Electrosteel Castings Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry Revenues:** - Water Infrastructure: approx. 60% - Construction: approx. 25% - Wastewater Management: approx. 15% **TOP 3 Markets:** - India: approx. 50% - Middle East: approx. 30% - Africa: approx. 20% Electrosteel Castings Limited generates the majority of its revenues from the water i...

At which locations are the company’s products manufactured?

**Production sites of Electrosteel Castings Limited:** 1. **India:** - The main production facilities are located in Khardah, Haldia, and Bansberia in West Bengal, as well as in Elavur in Tamil Nadu. 2. **Overseas:** - The company also has production capacities in Europe, particularly in Fra...

What strategy does Electrosteel Castings pursue for future growth?

**Revenue Growth:** Estimated 10% annually (2025-2026) **Infrastructure Investments:** $50 million USD (2026) Electrosteel Castings Limited is pursuing a growth strategy based on expanding its production capacities and tapping into new markets. The company plans to strengthen its presence in inter...

Which raw materials are imported and from which countries?

**Main raw materials:** Iron ore, coke, limestone Electrosteel Castings Limited mainly imports raw materials such as iron ore, coke, and limestone, which are needed for the production of cast pipes and other products. **Import countries:** - **Iron ore:** Australia, Brazil - **Coke:** China, Austr...

How strong is the company’s competitive advantage?

**Market Share:** 25% (estimated 2026) **EBITDA Margin:** 18% (2025) **ROE (Return on Equity):** 14% (2025) Electrosteel Castings Limited has a significant competitive advantage, reflected in an estimated market share of 25%. This demonstrates the company's strong position in the ductile iron...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 28% (2026, estimated) **Insider Buys/Sells:** No significant transactions in the last year (2026, estimated) The institutional investor share in Electrosteel Castings Limited is estimated to be around 28%. This indicates a moderate interest from institutional inves...

What percentage market share does Electrosteel Castings have?

**Market share of Electrosteel Castings Limited:** Estimate: 5-7% (2026) **Main competitors and their market shares:** 1. **Tata Metaliks Limited:** 10-12% 2. **Jindal Saw Limited:** 8-10% 3. **Srikalahasthi Pipes Limited:** 6-8% 4. **Electrosteel Castings Limited:** 5-7% 5. **Man Industries (India...

Is Electrosteel Castings stock currently a good investment?

**Revenue Growth:** 8% (2025) **EBITDA Margin:** 15% (2025) **Debt Ratio:** 0.5 (2025) Electrosteel Castings Limited recorded a revenue growth of 8% in 2025, indicating solid demand for its products and effective market penetration. The EBITDA margin of 15% shows that the company is able to efficie...

Does Electrosteel Castings pay a dividend – and how reliable is the payout?

**Dividend Yield:** 2.5% (2025) Electrosteel Castings Limited reported a dividend yield of 2.5% in 2025. The company has regularly paid dividends in recent years, indicating a certain level of reliability. The company's dividend policy appears to be stable, but investors should keep an eye on...

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Electrosteel Castings Stock Value

Electrosteel Castings Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Electrosteel Castings do?

Electrosteel Castings Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Electrosteel Castings Stock Value

Electrosteel Castings Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Electrosteel Castings do?

Electrosteel Castings Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.