
About Steelcast
Steelcast is a publicly listed company based in Bhavnagar (India) founded in 2000. Steel and alloy steel castings are manufactured for industrial use. The company has 151 employees. Its Indian entity Steelcast Limited reported revenue of βΉ439 Cr. Steelcast offers products and services including Steel Castings and Castings for Energy Sector. Its focus areas include Chemicals and Materials, Metals and Alloys and Steel.
Company details
Steelcast was founded in 2000 in Bhavnagar, India, where steel and alloy steel castings are produced. Operations are centered on the manufacturing of these components within the metals industry. Castings are supplied to various sectors, with production facilities located in India. The company is managed by Chetan Tamboli as Managing Director. Focus remains on standard casting processes without additional services specified.
- Headquarters Bhavnagar, India
- Employees 151
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website steelcast.net
- Social LinkedIn
- Legal Name Steelcast Ltd.
- Market Cap₹3,720 Cr
STEELCAS · NSE
- Share Price₹361.10
-1.75% today
- Revenue₹423 Cr
FY 2025-26 · +13.3% YoY
- EBITDA₹114 Cr
Margin 27.0%
- Net Profit₹86.35 Cr
FY 2025-26 · +19.7% YoY
- P/E (TTM)40.3x
P/B 9.3x
- ROE24.1%
ROCE 32.1%
- Employee Count151
Associated legal entities of Steelcast
Steelcast operates through Steelcast Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Steelcast Limited Listed CIN L27310GJ1972PLC002033 | Active | 11 Feb 1972 | Bhavnagar, Gujarat | ₹439 Cr | 1,381 | 12 | View details |
Products & Services of Steelcast
Steelcast offers a comprehensive portfolio of products and services, including Steel Castings and Castings for Energy Sector.
Steel and alloy steel castings are produced for industrial applications
Castings are supplied for energy-related uses such as thermal power and oil exploration
Board of directors of Steelcast Limited (Steelcast)
Steelcast Limited is the primary company behind Steelcast. The board of Steelcast Limited currently have 10 directors; the longest-serving is Chetankumar Manmohanbhai Tamboli, appointed in 1991. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chetankumar Manmohanbhai Tamboli DIN 00028421 | Managing Director | 31 Aug 1991 | 35 yrs 2 mo | Steelcast Limited |
| Rushil Chetanbhai Tamboli DIN 07807971 | Whole-time director | 02 Nov 2017 | 9 yrs | Steelcast Limited |
| Vidhi Siddharth Merchant DIN 06689283 | Director | 05 Nov 2019 | 7 yrs | Steelcast Limited |
| Hemantbhai Devendrabhai Dholakia DIN 00147408 | Director | 29 Jun 2020 | 6 yrs 4 mo | Steelcast Limited |
| Aarushi Manoj Ganatra DIN 01527566 | Director | 18 May 2022 | 4 yrs 5 mo | Steelcast Limited |
| Harsh Gandhi DIN 00133091 | Director | 23 Jan 2023 | 3 yrs 9 mo | Steelcast Limited |
| Rajiv Gandhi DIN 00438037 | Director | 23 Jan 2023 | 3 yrs 9 mo | Steelcast Limited |
| Ashutosh Shukla DIN 02544350 | Whole-time director | 23 Jan 2023 | 3 yrs 9 mo | Steelcast Limited |
| Subhash Sharma DIN 07871467 | Whole-time director | 23 Jan 2023 | 3 yrs 9 mo | Steelcast Limited |
| Dipam Arpit Patel DIN 10771659 | Director | 01 Oct 2024 | 2 yrs 1 mo | Steelcast Limited |
People of Steelcast
1 people are tracked at Steelcast (1 in leadership); the tracked headcount is 151.
| Name | Role | Group |
|---|---|---|
Chetan Tamboli | Managing Director | Leadership |
Complete people profiles for Steelcast
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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IPO & Listings of Steelcast
Steelcast is a publicly listed company on the NSE with ticker symbol STEELCAS in India, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date23 Nov 2021
- Listed onNSE: STEELCAS
- Listed entitySteelcast Ltd.
- Exchange sectorNon-energy minerals
- ISININE124E01038
- Share price₹361.05 (-0.12% on the day) · 2026-10-14
- Market capitalisation₹3,653 Cr
- Price to earnings40.3
- EPS (diluted, trailing year)₹8.96
- Dividend yield0.5%
- Volume (last session)27,936
Financials of Steelcast
Exchange-reported figures of Steelcast Limited, the listed company behind Steelcast (NSE: STEELCAS).
Financial Highlights
FY 2025-26 Β· StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 423 | 373 | 410 | 477 | 302 | 158 | 201 |
| Revenue growth | +13.3% | -8.9% | -14.1% | +57.9% | +91.5% | -21.4% | - |
| EBITDA | 114 | 103 | 117 | 114 | 63.91 | 31.79 | 37.64 |
| EBITDA margin | +27.0% | +27.7% | +28.7% | +24.0% | +21.2% | +20.2% | +18.8% |
| Profit before tax | 116 | 97.33 | 101 | 94.52 | 44.74 | 15.66 | 17.05 |
| Net profit | 86.35 | 72.13 | 74.53 | 69.96 | 33.16 | 11.72 | 7.92 |
| Net profit margin | +20.4% | +19.3% | +18.2% | +14.7% | +11.0% | +7.4% | +4.0% |
| EPS (βΉ) | 8.58 | 35.67 | 37.06 | 34.84 | 16.44 | 5.94 | 3.94 |
| Balance sheet | |||||||
| Total assets | 399 | 329 | 271 | 240 | 220 | 155 | 168 |
| Net worth | 395 | 326 | 270 | 215 | 157 | 129 | 118 |
| Total debt | 0.00 | 0.05 | 0.08 | 23.65 | 62.80 | 23.11 | 44.54 |
| Cash & bank | 16.59 | 6.43 | 12.46 | 3.45 | 2.12 | 1.46 | 1.68 |
| Net working capital | 151 | 127 | 104 | 84.83 | 102 | 53.96 | 59.25 |
| Cash flow | |||||||
| Cash from operations | 86.44 | 75.42 | 81.92 | 107 | (0.07) | 29.29 | 34.39 |
| Cash from investing | (67.48) | (59.24) | (37.54) | (53.16) | (32.72) | (3.50) | (5.80) |
| Cash from financing | (17.61) | (16.17) | (44.63) | (54.04) | (24.96) | (13.80) | (24.61) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 125 | 112 | 97.40 | 107 | 107 | 120 | 102 | 75.35 |
| Revenue growth (YoY) | +17.0% | -6.4% | -4.3% | +41.5% | +37.8% | - | - | - |
| Other income | 3.24 | 5.08 | 3.70 | 3.95 | 2.72 | 1.85 | 0.89 | 2.05 |
| Total expenses | 92.83 | 83.26 | 69.89 | 76.43 | 79.39 | 82.54 | 73.48 | 56.33 |
| EBITDA | 31.99 | 29.17 | 27.51 | 30.22 | 27.30 | 37.55 | 28.33 | 19.02 |
| EBITDA margin | +25.6% | +25.9% | +28.2% | +28.3% | +25.6% | +31.3% | +27.8% | +25.2% |
| Depreciation | 3.29 | 3.23 | 3.29 | 3.18 | 3.21 | 3.05 | 3.16 | 3.14 |
| Interest | 0.17 | 0.03 | 0.04 | 0.04 | 0.15 | 0.28 | 0.24 | 0.03 |
| Profit before tax | 31.77 | 30.99 | 27.88 | 30.95 | 26.66 | 36.07 | 25.82 | 17.90 |
| Tax | 8.07 | 7.80 | 7.30 | 7.73 | 6.78 | 9.32 | 6.61 | 4.60 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 125 | 112 | 97.40 | 107 | 107 | 120 | 102 | 75.35 |
| Revenue growth (YoY) | +17.0% | -6.4% | -4.3% | +41.5% | +37.8% | - | - | - |
| Other income | 3.24 | 5.08 | 3.70 | 3.95 | 2.72 | 1.85 | 0.89 | 2.05 |
| Total expenses | 92.83 | 83.26 | 69.89 | 76.43 | 79.39 | 82.54 | 73.48 | 56.33 |
| EBITDA | 31.99 | 29.17 | 27.51 | 30.22 | 27.30 | 37.55 | 28.33 | 19.02 |
| EBITDA margin | +25.6% | +25.9% | +28.2% | +28.3% | +25.6% | +31.3% | +27.8% | +25.2% |
| Depreciation | 3.29 | 3.23 | 3.29 | 3.18 | 3.21 | 3.05 | 3.16 | 3.14 |
| Interest | 0.17 | 0.03 | 0.04 | 0.04 | 0.15 | 0.28 | 0.24 | 0.03 |
| Profit before tax | 31.77 | 30.99 | 27.88 | 30.95 | 26.66 | 36.07 | 25.82 | 17.90 |
| Tax | 8.07 | 7.80 | 7.30 | 7.73 | 6.78 | 9.32 | 6.61 | 4.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 423 | 373 | 410 | 477 | 302 | 158 | 201 |
| Revenue growth | +13.3% | -8.9% | -14.1% | +57.9% | +91.5% | -21.4% | - |
| Other income | 15.45 | 7.23 | 2.70 | 1.82 | 0.32 | 1.49 | 0.48 |
| Total expenses | 309 | 270 | 292 | 362 | 238 | 126 | 163 |
| Employee cost | 53.11 | 45.83 | 41.22 | 37.02 | 28.36 | 19.85 | 22.77 |
| EBITDA | 114 | 103 | 117 | 114 | 63.91 | 31.79 | 37.64 |
| EBITDA margin | +27.0% | +27.7% | +28.7% | +24.0% | +21.2% | +20.2% | +18.8% |
| Depreciation | 12.90 | 12.55 | 17.92 | 18.14 | 17.72 | 13.82 | 16.05 |
| Interest | 0.35 | 0.84 | 1.28 | 3.53 | 1.77 | 3.80 | 5.02 |
| Profit before tax | 116 | 97.33 | 101 | 94.52 | 44.74 | 15.66 | 17.05 |
| Tax | 29.63 | 25.13 | 25.93 | 23.99 | 11.46 | 3.62 | 9.06 |
| Net profit | 86.35 | 72.13 | 74.53 | 69.96 | 33.16 | 11.72 | 7.92 |
| Net profit margin | +20.4% | +19.3% | +18.2% | +14.7% | +11.0% | +7.4% | +4.0% |
| EPS (βΉ) | 8.58 | 35.67 | 37.06 | 34.84 | 16.44 | 5.94 | 3.94 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 10.12 | 10.12 | 10.12 | 10.12 | 10.12 | 10.12 | 10.12 |
| Reserves & surplus | 385 | 316 | 260 | 205 | 146 | 119 | 108 |
| Shareholders' funds (net worth) | 395 | 326 | 270 | 215 | 157 | 129 | 118 |
| Secured loans | 0.00 | 0.05 | 0.08 | 23.65 | 62.80 | 23.11 | 44.54 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.00 | 0.05 | 0.08 | 23.65 | 62.80 | 23.11 | 44.54 |
| Total liabilities | 399 | 329 | 271 | 240 | 220 | 155 | 168 |
| Assets | |||||||
| Gross block | 276 | 255 | 242 | 232 | 185 | 159 | 154 |
| Net block | 158 | 142 | 138 | 142 | 109 | 98.22 | 107 |
| Capital work in progress | 1.24 | 1.68 | 0.05 | 0.14 | 4.96 | 0.85 | 0.02 |
| Investments | 78.83 | 36.86 | 21.37 | 9.55 | 0.09 | 0.09 | 0.09 |
| Inventories | 40.82 | 42.96 | 32.30 | 50.91 | 61.57 | 25.63 | 23.03 |
| Sundry debtors | 108 | 97.51 | 93.32 | 76.64 | 75.16 | 51.37 | 28.33 |
| Cash & bank balances | 16.59 | 6.43 | 12.46 | 3.45 | 2.12 | 1.46 | 1.68 |
| Loans & advances | 37.21 | 31.77 | 10.66 | 11.80 | 11.73 | 4.19 | 25.24 |
| Total current assets | 203 | 179 | 149 | 143 | 151 | 82.65 | 78.28 |
| Total current liabilities | 51.40 | 51.87 | 44.31 | 57.97 | 48.92 | 28.69 | 19.03 |
| Net working capital | 151 | 127 | 104 | 84.83 | 102 | 53.96 | 59.25 |
| Total assets | 399 | 329 | 271 | 240 | 220 | 155 | 168 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.01 | 0.01 | 0.25 | 0.12 | (4.93) | (16.93) | (20.90) |
| Net cash from operating activities | 86.44 | 75.42 | 81.92 | 107 | (0.07) | 29.29 | 34.39 |
| Net cash from investing activities | (67.48) | (59.24) | (37.54) | (53.16) | (32.72) | (3.50) | (5.80) |
| Net cash from financing activities | (17.61) | (16.17) | (44.63) | (54.04) | (24.96) | (13.80) | (24.61) |
| Net change in cash | 1.34 | 0.01 | (0.25) | 0.14 | (57.75) | 11.99 | 3.98 |
| Closing cash | 16.59 | 6.43 | 12.46 | 3.45 | 2.12 | 1.46 | 1.68 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +13.3% | -8.9% | -14.1% | +57.9% | +91.5% | -21.4% | - |
| EBITDA growth | +10.4% | -11.9% | +2.7% | +79.0% | +101.0% | -15.5% | - |
| PBT growth | +19.7% | -3.6% | +6.8% | +111.3% | +185.7% | -8.2% | -51.4% |
| Net income growth | +19.7% | -3.2% | +6.5% | +111.0% | +182.9% | +48.0% | - |
| Revenue CAGR (3Y) | -3.9% | +7.3% | +37.5% | +33.5% | -1.7% | -12.0% | +14.4% |
| EBITDA CAGR (3Y) | -0.0% | +17.4% | +54.6% | +44.8% | +2.6% | -10.0% | +14.3% |
| Profitability & leverage | |||||||
| Net income margin | +20.5% | +19.3% | +18.3% | +14.8% | +11.0% | +7.6% | +4.0% |
| Return on capital employed | +32.1% | +32.7% | +40.0% | +42.6% | +24.8% | +12.0% | +12.5% |
| Return on net worth | +24.1% | +24.3% | +30.9% | +37.9% | +23.3% | +9.8% | +6.9% |
| Debt / equity | 0.00 | 0.00 | 0.05 | 0.23 | 0.30 | 0.27 | 0.47 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.09 | 0.17 |
| Interest cover | 0.35 | 0.92 | 1.29 | 3.67 | 3.83 | 21.15 | 23.25 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.59 | 1.50 | 1.73 | 2.29 | 1.75 | 1.01 | 1.32 |
| Inventory turnover | 10.10 | 9.92 | 9.85 | 8.48 | 6.93 | 6.48 | 8.53 |
| Debtors turnover | 4.11 | 3.91 | 4.82 | 6.28 | 4.77 | 3.96 | 4.72 |
| EPS (βΉ) | 8.58 | 35.67 | 37.06 | 34.84 | 16.44 | 5.94 | 3.94 |
| Dividend per share (βΉ) | 1.71 | 7.20 | 7.20 | 9.90 | 3.15 | 1.35 | 0.60 |
| Book value per share (βΉ) | 39.03 | 161.00 | 133.21 | 106.33 | 77.35 | 63.62 | 58.25 |
Web traffic of Steelcast
The website of Steelcast (steelcast.net) receives about 1.7K visits a month.
- Monthly visits1.7K
▲ 40.4% vs previous month
Top companies in Metals & Minerals
3 companies that operate in the same segment as Steelcast (Metals & Minerals) in India, ranked by their profile score on The Company Check.
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|---|---|---|---|---|---|---|
Manufacturer of pipes, plates & coils, and home textile products | 1985 | Mumbai, Maharashtra, India | USD 544.74 M | 6,934 | ||
Chemical and casting products are manufactured, with shipping operations managed. | 1962 | Chennai, Tamil Nadu, India | USD 576.61 M | USD 1.43 B | 180 | |
Diversified operations span automotive, agriculture, and financial services. | 1945 | Mumbai, Maharashtra, India | USD 45.15 M | USD 21.54 B | 78,760 |
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Frequently Asked Questions about Steelcast
Steelcast was founded in 2000.
Steelcast is headquartered in Bhavnagar, India. It is registered at Bhavnagar, Gujarat, India.
Steelcast has 151 employees.
The primary company behind Steelcast, Steelcast Limited, reported revenue of βΉ439 Cr for FY 2026, up 13% year on year.
Steelcast was founded in 2000 in Bhavnagar, India, where steel and alloy steel castings are produced. Operations are centered on the manufacturing of these components within the metals industry. Castings are supplied to various sectors, with production facilities located in India. The company is managed by Chetan Tamboli as Managing Director. Focus remains on standard casting processes without additional services specified.
Steelcast offers Steel Castings and Castings for Energy Sector.
Yes, Steelcast is publicly traded on NSE under the ticker symbol STEELCAS.
Steelcast operates through Steelcast Limited.
The legal entities of Steelcast currently have 11 directors, including Chetankumar Manmohanbhai Tamboli, Hemantbhai Devendrabhai Dholakia, Aarushi Manoj Ganatra and others.
