Electrosteel Castings Ltd

BSE: 500128 NSE: ELECTCAST
Electrosteel Castings Ltd - manufacturing in Sundergarh, Odisha, India. FY 2026 financials & compliance.
CIN L27310OR1955PLC000310 Incorporated 26 November 1955 ROC Cuttack HQ Sundergarh, Odisha, India
Active Listed - NSE: ELECTCAST · BSE: 500128 Public Limited Company manufacturing Fortune India 500 · #333
Data last updated
Market Cap
₹4,135 Cr
ELECTCAST · NSE
Share Price
₹63.56
-4.98% today
Revenue
₹5,918 Cr
FY 2025-26 · -19.2% YoY
EBITDA
₹321 Cr
Margin 5.4%
Net Profit
₹178 Cr
FY 2025-26 · -75.2% YoY
P/E (TTM)
25.9x
P/B 0.7x
ROE
3.0%
ROCE 4.6%
Debt / Equity
0.31
Interest cover 97.1x

About Electrosteel Castings Ltd

Data last updated:

Electrosteel Castings Ltd is a public limited company based in Sundergarh, Odisha, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 26 November 1955 and has been in existence for over 71 years.

Electrosteel Castings is ranked #333 on the Fortune India 500 (2025). Its director Mayank Kejriwal and family are #941 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN L27310OR1955PLC000310. Its GSTIN is 21AAACE4975B2Z3 (Odisha). The company holds 23 GST registrations, of which 12 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500128 and NSE: ELECTCAST.

The company has an authorised share capital of ₹103.02 Cr and a paid-up capital of ₹61.82 Cr. It was formerly known as Dalmia Iron and Steel Limited. It is led by directors including Umang Kejriwal (Managing Director) and Mayank Kejriwal (Managing Director).

Its last annual general meeting (AGM) was held on 31 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Rathod Colony Rajgangpur, Sundergarh, Odisha, India – 770017.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹5,918.02 Cr, a decline of 19.2% compared to the previous year. For the same year it recorded a net profit of ₹177.7 Cr (net margin 3%) and EBITDA of ₹320.59 Cr (EBITDA margin 5.4%). The net worth stands at ₹5,923.32 Cr (up 2.5% YoY). Total assets are valued at ₹8,139.01 Cr (down 4.7% YoY).

The company has about 2,968 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Electrosteel. As per MCA filings, the company has open charges of ₹15,919 Cr and satisfied charges of ₹12,345 Cr on record. Court records list 407 cases involving the company, including 274 filed by the company and 134 filed against it; 83 cases are pending. The company has 17 deals on record (14 market trades, 2 secondary share transfers, 1 debt financing), with disclosed funding of ₹200 Cr; the latest was in March 2026. Its 8 peer companies in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 4 smaller; the largest is Jindal Saw Limited with revenue of ₹20,948 Cr. The company has 9 MSME Form 1 returns on record between 2020 and 2023, listing 250 overdue payments to 62 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website electrosteel.com.

Company details

CIN L27310OR1955PLC000310
Registration Number 000310
Incorporation Date 26 November 1955
ROC Cuttack
Listing Status Listed - Listed on NSE (ELECTCAST); Listed on BSE (500128)
Company Status Active
Date of Last AGM 31 August 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Electrosteel Castings has one previous CIN (Corporate Identification Number): U27310OR1955PTC000310. The current CIN is L27310OR1955PLC000310, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L27310OR1955PLC000310Current
U27310OR1955PTC000310Previous
Key People
Umang Kejriwal Managing Director Mayank Kejriwal Managing Director Priya Manjari Todi Whole-Time Director

Recognitions & Rankings of Electrosteel Castings

Fortune India 500 2025 edition
Rank#333
Total income
₹7,640 Cr
Profit
₹710 Cr
Last year #308
India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#466
Valuation
₹10,400 Cr

Contact details

Electrosteel Castings Ltd's registered office is in Sundergarh, Orissa. Its website is electrosteel.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    electrosteel.com
  • Social Media
  • Registered Address
    Rathod Colony Rajgangpur, Sundergarh, Odisha, India – 770017
  • Industry
    Manufacturing, Pipe & Tubes

To see the full contact details of Electrosteel Castings Ltd, buy the company report.

Comprehensive company report
Electrosteel Castings Ltd - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Electrosteel Castings operates one associated brand: Electrosteel. Each brand links to its own profile.

BrandDescriptionWebsite
Electrosteel
Manufacturer of ductile iron pipeselectrosteel.com

Business activity

The main business activity of Electrosteel Castings is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Electrosteel Castings Ltd, buy the company report.

Financials of Electrosteel Castings Ltd

FY 2025-26 filings available

Electrosteel Castings Ltd reported revenue of ₹5,918.02 Cr (down 19.2% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹5,918 Cr
-19.2% YoY
EBITDA
₹321 Cr
-69.0% YoY
Profit After Tax
₹178 Cr
-75.2% YoY
Net Worth
₹5,923 Cr
+2.5% YoY
Total Assets
₹8,139 Cr
-4.7% YoY
Total Debt
₹1,561 Cr
-26.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue5,9187,3207,4787,2765,2813,4742,711
Revenue growth-19.2%-2.1%+2.8%+37.8%+52.0%+28.2%-
EBITDA3211,0361,178738691190366
EBITDA margin+5.4%+14.2%+15.8%+10.1%+13.1%+5.5%+13.5%
Profit before tax219856937415444(56.00)114
Net profit178716754319343209180
Net profit margin+3.0%+9.8%+10.1%+4.4%+6.5%+6.0%+6.6%
EPS (₹)2.6111.4811.975.315.84(1.53)3.72
Balance sheet
Total assets8,1398,5407,7667,1587,2106,0134,744
Net worth5,9235,7825,1134,3834,1033,7262,880
Total debt1,5612,1252,3352,6672,9672,1381,736
Cash & bank33320640041251951099.88
Net working capital3,0953,6393,3943,1773,0612,1011,296
Cash flow
Cash from operations1,147480803452(279)444225
Cash from investing(119)(138)(36.52)168(329)129(20.40)
Cash from financing(900)(454)(718)(604)609(419)(220)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,4261,4931,4721,3961,5581,7011,7801,828
Revenue growth (YoY)-8.5%-12.2%-17.3%-23.6%-22.6%---
Other income39.2437.4853.9595.1627.9938.6539.2121.15
EBITDA10061.79(4.28)92.85170160255268
EBITDA margin+7.0%+4.1%-0.3%+6.7%+10.9%+9.4%+14.3%+14.6%
Depreciation43.4044.3844.6042.9140.6737.3836.7436.09
Interest27.1932.2236.8838.2836.3634.5144.6540.26
Profit before tax68.6522.67(31.81)107121126213212
Tax20.296.67(9.94)28.5332.13(41.95)52.5857.27
Net profit48.3616.00(21.87)78.2989.07168160155
EPS (₹)0.780.26(0.35)1.271.442.722.592.51
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue5,0336,7466,9386,9165,0153,0762,480
Revenue growth-25.4%-2.8%+0.3%+37.9%+63.1%+24.0%-
EBITDA2661,0221,140722636387354
EBITDA margin+5.3%+15.2%+16.4%+10.5%+12.7%+12.6%+14.3%
Profit before tax185847930433419172124
Net profit152722756341323133100
Net profit margin+3.0%+10.7%+10.9%+4.9%+6.4%+4.3%+4.0%
EPS (₹)2.1211.5211.915.635.482.202.28
Balance sheet
Total assets7,5508,0947,3426,8326,8555,6724,220
Net worth5,6835,6374,9924,2703,9873,6372,549
Total debt1,2171,8282,0352,4562,7291,8881,538
Cash & bank20714834338245745162.66
Net working capital2,5373,2813,0582,9052,7291,7861,050
Cash flow
Cash from operations1,056428678398(325)472238
Cash from investing(171)(128)(9.35)207(306)196(16.27)
Cash from financing(827)(412)(648)(556)631(537)(256)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,0911,1971,2421,1921,4021,5631,6591,692
Revenue growth (YoY)-22.2%-23.4%-25.2%-29.5%-23.5%---
Other income27.5131.9548.7590.9623.8038.1616.1320.34
Total expenses1,0481,1711,2461,1101,2401,3881,3951,443
EBITDA43.0825.32(4.60)82.58162175264249
EBITDA margin+3.9%+2.1%-0.4%+6.9%+11.6%+11.2%+15.9%+14.7%
Depreciation36.6037.5537.7437.5436.5733.0433.0931.40
Interest21.8227.4032.7134.0332.5930.5939.9334.59
Profit before tax12.17(7.68)(26.30)102117149207204
Tax6.253.01(6.29)25.9930.94(41.39)49.6351.75

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 01 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,4261,4931,4721,3961,5581,7011,7801,828
Revenue growth (YoY)-8.5%-12.2%-17.3%-23.6%-22.6%---
Other income39.2437.4853.9595.1627.9938.6539.2121.15
EBITDA10061.79(4.28)92.85170160255268
EBITDA margin+7.0%+4.1%-0.3%+6.7%+10.9%+9.4%+14.3%+14.6%
Depreciation43.4044.3844.6042.9140.6737.3836.7436.09
Interest27.1932.2236.8838.2836.3634.5144.6540.26
Profit before tax68.6522.67(31.81)107121126213212
Tax20.296.67(9.94)28.5332.13(41.95)52.5857.27
Net profit48.3616.00(21.87)78.2989.07168160155
EPS (₹)0.780.26(0.35)1.271.442.722.592.51
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue5,9187,3207,4787,2765,2813,4742,711
Revenue growth-19.2%-2.1%+2.8%+37.8%+52.0%+28.2%-
Other income21512310284.9262.7852.7533.21
Total expenses5,5976,2846,3006,5384,5903,2852,345
Employee cost595552477430398297227
EBITDA3211,0361,178738691190366
EBITDA margin+5.4%+14.2%+15.8%+10.1%+13.1%+5.5%+13.5%
Depreciation17314212512111589.9957.15
Interest144161219286195208228
Profit before tax219856937415444(56.00)114
Tax57.3914619799.1796.7240.2128.20
Net profit178716754319343209180
Net profit margin+3.0%+9.8%+10.1%+4.4%+6.5%+6.0%+6.6%
EPS (₹)2.6111.4811.975.315.84(1.53)3.72
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital61.8261.8261.8259.4659.4659.4643.30
Reserves & surplus5,8625,7205,0514,2984,0443,6672,837
Shareholders' funds (net worth)5,9235,7825,1134,3834,1033,7262,880
Minority interest1.041.131.531.101.401.511.22
Secured loans1,1921,3861,4191,8752,6212,0021,456
Unsecured loans369739916793346135280
Total debt1,5612,1252,3352,6672,9672,1381,736
Total liabilities8,1398,5407,7667,1587,2106,0134,744
Assets
Gross block4,4164,0903,7673,4823,4033,2071,993
Net block3,2123,1022,9282,7312,7632,6331,703
Capital work in progress1,1861,2491,2291,3021,2081,3371,166
Investments578145204161457202747
Inventories2,3982,4642,2732,2692,2451,229897
Sundry debtors1,0711,4831,3651,056942769618
Cash & bank balances33320640041251951099.88
Loans & advances369407392481423369288
Total current assets4,1704,5594,4324,2184,1292,8771,903
Total current liabilities1,0759211,0381,0411,068777606
Net working capital3,0953,6393,3943,1773,0612,1011,296
Total assets8,1398,5407,7667,1587,2106,0134,744
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash16727923021421359.4675.01
Net cash from operating activities1,147480803452(279)444225
Net cash from investing activities(119)(138)(36.52)168(329)129(20.40)
Net cash from financing activities(900)(454)(718)(604)609(419)(220)
Net change in cash127(112)48.5916.760.74154(15.56)
Closing cash33320640041251951099.88
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-19.2%-2.1%+2.8%+37.8%+52.0%+28.2%-
EBITDA growth-69.1%-12.1%+59.8%+6.8%+264.4%-48.2%-
PBT growth-74.4%-8.7%+125.6%-6.5%+9998.0%-+9998.0%
Net income growth-75.2%-5.0%+136.6%-7.1%+64.1%+16.1%-
Revenue CAGR (3Y)-6.7%+11.5%+29.1%+39.0%+25.1%+15.4%+9.3%
EBITDA CAGR (3Y)-24.3%+14.5%+83.9%+26.3%+55.6%-9.5%+8.3%
Profitability & leverage
Net income margin+2.7%+9.7%+9.9%+4.4%+6.6%-2.8%+3.2%
Return on capital employed+4.6%+12.5%+15.5%+9.8%+9.7%+7.4%+7.9%
Return on net worth+3.0%+13.0%+15.6%+7.5%+8.9%+6.2%+3.8%
Debt / equity0.310.410.530.660.650.590.63
Long-term debt / equity0.050.070.130.200.220.240.28
Interest cover97.1017.9820.7646.3833.79209.1873.68
Efficiency & per share
Fixed asset turnover1.391.862.062.111.601.341.40
Inventory turnover2.433.093.293.223.043.273.28
Debtors turnover4.645.146.187.286.175.014.42
EPS (₹)2.6111.4811.975.315.84(1.53)3.72
Dividend per share (₹)0.901.401.400.900.800.250.30
Book value per share (₹)95.8293.5382.7173.2969.0162.6666.52
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,0911,1971,2421,1921,4021,5631,6591,692
Revenue growth (YoY)-22.2%-23.4%-25.2%-29.5%-23.5%---
Other income27.5131.9548.7590.9623.8038.1616.1320.34
Total expenses1,0481,1711,2461,1101,2401,3881,3951,443
EBITDA43.0825.32(4.60)82.58162175264249
EBITDA margin+3.9%+2.1%-0.4%+6.9%+11.6%+11.2%+15.9%+14.7%
Depreciation36.6037.5537.7437.5436.5733.0433.0931.40
Interest21.8227.4032.7134.0332.5930.5939.9334.59
Profit before tax12.17(7.68)(26.30)102117149207204
Tax6.253.01(6.29)25.9930.94(41.39)49.6351.75
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue5,0336,7466,9386,9165,0153,0762,480
Revenue growth-25.4%-2.8%+0.3%+37.9%+63.1%+24.0%-
Other income19593.9310696.5280.3362.3241.82
Total expenses4,7675,7245,7986,1944,3792,6892,126
Employee cost414436393358326235172
EBITDA2661,0221,140722636387354
EBITDA margin+5.3%+15.2%+16.4%+10.5%+12.7%+12.6%+14.3%
Depreciation14912711411411378.6752.74
Interest127142202272185199220
Profit before tax185847930433419172124
Tax53.6313519498.0293.0040.6724.95
Net profit152722756341323133100
Net profit margin+3.0%+10.7%+10.9%+4.9%+6.4%+4.3%+4.0%
EPS (₹)2.1211.5211.915.635.482.202.28
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital61.8261.8261.8259.4659.4659.4643.30
Reserves & surplus5,6225,5754,9304,1863,9283,5772,505
Shareholders' funds (net worth)5,6835,6374,9924,2703,9873,6372,549
Secured loans1,0161,1941,3981,8242,5611,7821,293
Unsecured loans201634637632168106246
Total debt1,2171,8282,0352,4562,7291,8881,538
Total liabilities7,5508,0947,3426,8326,8555,6724,220
Assets
Gross block3,9703,8363,6143,3633,2953,1121,906
Net block2,9692,9472,8192,6452,6882,5571,633
Capital work in progress1,1851,2491,2281,3021,2081,3281,165
Investments802251268225520266540
Inventories1,6001,8841,7381,6941,841965614
Sundry debtors1,2231,7121,5621,3101,042730638
Cash & bank balances20714834338245745162.66
Loans & advances298334317432383336258
Total current assets3,3284,0783,9613,8173,7232,4811,572
Total current liabilities792798902912995695523
Net working capital2,5373,2813,0582,9052,7291,7861,050
Total assets7,5508,0947,3426,8326,8555,6724,220
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash11022220115215322.2456.47
Net cash from operating activities1,056428678398(325)472238
Net cash from investing activities(171)(128)(9.35)207(306)196(16.27)
Net cash from financing activities(827)(412)(648)(556)631(537)(256)
Net change in cash58.84(112)21.0748.37(1.14)131(34.24)
Closing cash20714834338245745162.66
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-25.4%-2.8%+0.3%+37.9%+63.1%+24.0%-
EBITDA growth-74.0%-10.4%+57.8%+13.6%+64.4%+9.2%-
PBT growth-78.2%-8.9%+114.8%+3.4%+143.9%+38.9%+9998.0%
Net income growth-79.0%-4.4%+121.6%+5.6%+143.6%+32.2%-
Revenue CAGR (3Y)-10.1%+10.4%+31.2%+40.8%+28.0%+15.0%+11.4%
EBITDA CAGR (3Y)-28.4%+17.1%+43.4%+26.8%-+20.0%+8.7%
Profitability & leverage
Net income margin+2.6%+10.6%+10.6%+4.8%+6.5%+4.3%+4.0%
Return on capital employed+4.3%+12.8%+16.0%+10.3%+9.6%+7.5%+8.1%
Return on net worth+2.7%+13.4%+15.9%+8.1%+8.5%+4.2%+4.0%
Debt / equity0.270.360.480.630.610.550.64
Long-term debt / equity0.040.060.120.190.220.250.31
Interest cover109.0215.8519.6844.7435.3964.5372.91
Efficiency & per share
Fixed asset turnover1.291.811.992.081.571.231.34
Inventory turnover2.893.724.043.913.573.904.22
Debtors turnover3.434.124.835.885.664.504.00
EPS (₹)2.1211.5211.915.635.482.202.28
Dividend per share (₹)0.901.401.400.900.800.250.30
Book value per share (₹)91.9491.1980.7571.4067.0661.1658.86

To see the full year-wise statements and ratios of Electrosteel Castings Ltd, buy the company report.

Board of directors of Electrosteel Castings Ltd

Electrosteel Castings has 17 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Amrendra Prasad Verma
Also directs: GPT Healthcare Limited, MSN Holdings Limited
Director22 Dec 20169 Years 10 MonthsCurrent
Bal Kishan Choudhury
Also directs: Siddhi Vinayak Exports & Trades Pvt. Ltd.
Director10 Feb 20224 Years 8 MonthsCurrent
Priya Manjari Todi
Also directs: Cubbon Marketing Pvt.Ltd.
Whole-Time Director14 Feb 20224 Years 8 MonthsCurrent
Radha Kejriwal Agarwal
Also directs: Electrocast Sales India Ltd, Oxford Heights Private Limited, Resina Developers Private Limited and 5 more
Whole-Time Director14 Feb 20224 Years 8 MonthsCurrent
Virendra Sinha
Also directs: Andhra Paper Limited, Texmaco Rail & Engineering Limited, Etrans Solutions Private Limited
Director14 Feb 20224 Years 8 MonthsCurrent
Uddhav Kejriwal
Also directs: G. K. & Sons Pvt Ltd, Murari Investment & Trading Co Ltd, Ellenbarrie Chemical Allied Pvt Ltd and 5 more
Whole-Time Director16 Jun 200323 Years 4 MonthsCurrent
Showing 6 of 17 current directors. View all directors

Peer comparison

Electrosteel Castings Ltd is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Jindal Saw Limited₹20,948 Cr (FY 2025)-1.0%Uttar Pradesh, India
Apl Apollo Tubes Limited₹20,786 Cr (FY 2025)14.0%Delhi, India
Welspun Corp Limited₹14,167 Cr (FY 2025)-19.0%Anjar, Gujarat, India
Surya Roshni Limited₹7,465.55 Cr (FY 2025)-5.0%Bahadurgarh, Haryana, India
Electrosteel Castings Ltdthis company₹5,918.02 Cr (FY 2026)₹177.7 Cr3%-19.2%2,968Sundergarh, Odisha, India
Maharashtra Seamless Limited₹5,465.89 Cr (FY 2025)-1.0%Raigad, Maharashtra, India
Ratnamani Metals and Tubes Limited₹5,246.09 Cr (FY 2025)2.0%Ahmedabad, Gujarat, India
Apl Apollo Building Products Limited₹4,706.63 Cr (FY 2025)47.0%Delhi, India
Skipper Limited₹4,644 Cr (FY 2025)41.0%Kolkata, West Bengal, India

To see the full peer comparison of Electrosteel Castings Ltd, buy the company report.

Auditor

Electrosteel Castings Ltd is audited by Lodha & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Lodha & Co.FY 2023301051E

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 50.10%, foreign institutional investors hold 12.80%, domestic institutional investors hold 0.60% and retail and other public shareholders hold 36.50%.

Promoters: 50.10%DII (Domestic Institutional): 0.60%FII (Foreign Institutional): 12.80%Retail & Others: 36.50%
Sep 2026
QUARTER
50.10% Promoters
0.60% DII (Domestic Institutional)
12.80% FII (Foreign Institutional)
36.50% Retail & Others
Promoter holding - history
Now 50.10% · Sep 2026High 50.10% · Jun 2026Low 46.20% · Dec 2025
45%46.8%48.5%50.3%52%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 46.20%Mar 2026: 46.20%Jun 2026: 50.10%Sep 2026: 50.10%50.10%46.20%50.10%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters50.10%50.10%46.20%46.20%
Public49.90%49.90%53.80%53.80%

Charges & borrowings

Open charges
₹15,919 Cr
Satisfied charges
₹12,345 Cr
Breakdown by lending institutions
Il & Fs Trust Company Limited₹10,577.60 Cr
Others₹5,050.00 Cr
Yes Bank Limited₹150.00 Cr
Axis Bank Limited₹84.00 Cr
Hdfc Bank Limited₹55.00 Cr
Others₹2.52 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Mar 2026101253937Others₹150 CrOpen
24 Oct 2025101171035Yes Bank Limited₹150 CrOpen
05 Sep 2025101153279Hdfc Bank Limited₹55 CrOpen
18 Nov 2024101005586Others₹300 CrOpen
19 Sep 2023100802814Others₹300 CrOpen

To see the full charge records of Electrosteel Castings Ltd, buy the company report.

Total charge records: 96 View all charges

Deals & funding

Electrosteel Castings Ltd has 17 deals on record (14 market trades, 2 secondary share transfers, 1 debt financing), with disclosed funding of ₹200 Cr; the latest was in March 2026.

Total deals
17
Market trades
14
Secondary share transfers
2
Debt financing
1
Disclosed funding
₹200 Cr

Deals on record (5 of 17)

WhenDealAmountParties
Mar 2026Market trade₹143.5 CrBuyer: Electrosteel Thermal Coal Limited
Seller: India Opportunities Growth Fund Ltd - Pinewood Strategy
Sep 2024Secondary share transferUndisclosedBuyer: Maithan Alloys Ltd.
Sep 2024Market trade₹219.48 CrSeller: India Opportunities Growth Fund Ltd - Pinewood Strategy
Apr 2024Market trade₹63.35 CrBuyer: Ishares Ii Public Limited Company - Ishares Global Water Ucits Etf
Mar 2005Market trade₹18.64 CrBuyer: Sam Global Securities Ltd, H J Securities Private Limited
Seller: Sam Global Securities Ltd, H J Securities Private Limited

To see the full deal history of Electrosteel Castings Ltd, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Electrosteel Castings Ltd was last rated by Indiarating on 29 Nov 2022.

Rating agencyRated onRating
Indiarating29 Nov 2022

To see the full credit ratings and regulatory alerts of Electrosteel Castings Ltd, buy the company report.

MSME payment delays

Electrosteel Castings Ltd has 9 MSME Form 1 returns on record between 2020 and 2023, listing 250 overdue payments to 62 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 62)

SupplierAmount dueDue sinceReported on
Ihm Valves Private Limited
Chains and Spares Corporation
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Electrosteel Castings Ltd, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Electrosteel Castings has 2 joint ventures. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Joint ventures

Employees & EPFO

Electrosteel Castings Ltd has a workforce of 2,968 employees on its EPFO records as of Mar 31, 2024, across 4 active EPFO establishments.

Employee count
2,968
Active EPFO establishments
4
Employee growth
-2.85%

GST

Electrosteel Castings has 23 GST registrations: 12 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
23
Active
12
Cancelled / inactive
11
GSTINStateStatusRegistered on
21AAACE4975B2Z3OdishaActive23 May 2024
08AAACE4975B1ZSRajasthanActive01 Jul 2017
20AAACE4975B3Z4JharkhandActive01 Jul 2017
24AAACE4975B1ZYGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Electrosteel Castings Ltd, buy the company report.

Recent activity

Electrosteel Castings Ltd has 53 board changes on record since 1972: 35 appointments and 18 cessations. The latest: Bikramjit Ghosh was appointed as Director on 30 Aug 2025.

AGM
Electrosteel Castings Ltd last Annual general meeting of members was held on 31 Aug 2026 as per latest MCA records.
Charges
A charge registered on 12 Jul 2021 via Charge ID 100466043 with Hdfc Bank Limited was fully satisfied on 14 Aug 2026.
Charges
A charge with Hdfc Bank Limited of Rs. 55.00 Cr registered on 05 Sep 2025 with Charge ID 101153279 was modified on 28 Apr 2026.
Charges
A charge with Axis Bank Limited of Rs. 24.00 Cr registered on 24 Aug 2022 with Charge ID 100605958 was modified on 28 Apr 2026.
Charges
A charge with Others of Rs. 200.00 Cr registered on 13 Dec 2019 with Charge ID 100311536 was modified on 28 Apr 2026.
Charges
A charge registered on 26 Aug 2021 via Charge ID 100472803 with Hdfc Bank Limited was fully satisfied on 16 Apr 2026.
Filing
Electrosteel Castings Ltd has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Cuttack.
Charges
A charge with Others amounted to Rs. 150.00 Cr with Charge ID 101253937 was registered on 16 Mar 2026.
Charges
A charge registered on 03 Jan 2019 via Charge ID 100232358 with Others was fully satisfied on 11 Mar 2026.
Charges
A charge registered on 05 Nov 2025 via Charge ID 101184630 with Others was fully satisfied on 02 Feb 2026.
Charges
A charge with Others of Rs. 3,600.00 Cr registered on 01 Dec 2022 with Charge ID 100647106 was modified on 14 Jan 2026.
Charges
A charge registered on 29 Mar 2023 via Charge ID 100708463 with Others was fully satisfied on 27 Nov 2025.

282 earlier events are in the company report.

News

Frequently asked questions

Electrosteel Castings is an active public limited company based in Sundergarh, Odisha, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 26 November 1955 (71+ years old) and is registered under CIN L27310OR1955PLC000310. Listed on BSE: 500128 and NSE: ELECTCAST.

Electrosteel Castings reported revenue of ₹5,918.02 Cr for FY 2025-26 (down 19.2% YoY) based on consolidated financials.

Electrosteel Castings has 17 current directors:

The latest financial statements of Electrosteel Castings on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 August 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Electrosteel Castings is 21AAACE4975B2Z3, registered in Odisha. The company has 23 GST registrations in all, of which 12 are active and 11 are cancelled or inactive. Other active GSTINs include 08AAACE4975B1ZS (Rajasthan), 20AAACE4975B3Z4 (Jharkhand), 24AAACE4975B1ZY (Gujarat).

The CIN (Corporate Identification Number) of Electrosteel Castings is L27310OR1955PLC000310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Electrosteel Castings is a listed company as per MCA records. Its shares are listed on both BSE (code: 500128) and NSE (symbol: ELECTCAST).

Electrosteel Castings has 407 court cases on record: 274 filed by the company and 134 filed against it. 83 are pending. Most are in the high courts.

Electrosteel Castings was incorporated on 26 November 1955, making it 71+ years old. It is registered with the Registrar of Companies, Cuttack.

Electrosteel Castings has 17 deals on record (14 market trades, 2 secondary share transfers, 1 debt financing), with disclosed funding of ₹200 Cr; the latest was in March 2026.

The peers of Electrosteel Castings by revenue are Jindal Saw Limited, Apl Apollo Tubes Limited, Welspun Corp Limited, Surya Roshni Limited, Maharashtra Seamless Limited and 3 more, all in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products).

Bikramjit Ghosh was appointed as Director on 30 Aug 2025. Ajay Kumar ceased to be Director on 15 May 2025. Sangeeta Singh was appointed as Director on 30 Oct 2024. Electrosteel Castings has 53 board changes on record in total.