Steelcast Limited - manufacturing in Bhavnagar, Gujarat, India. FY 2026 financials & compliance.
CIN L27310GJ1972PLC002033 Incorporated 11 February 1972 ROC Ahmedabad HQ Bhavnagar, Gujarat, India
Active Listed - NSE: STEELCAS · BSE: 513517 Public Limited Company manufacturing
Data last updated
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
ROE
24.1%
ROCE 32.1%
Authorised capital
₹15 Cr
Registered with MCA

About Steelcast Limited

Data last updated:

Steelcast Limited is a public limited company based in Bhavnagar, Gujarat, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 11 February 1972 and has been in existence for over 54 years.

Its director Chetan M Tamboli and family are #1,277 among India's richest people (2026). Its director Rajiv Gandhi and family are #1,608 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L27310GJ1972PLC002033. Its GSTIN is 24AADCS0004N1ZO (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 513517 and NSE: STEELCAS.

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.12 Cr. It was formerly known as Steelcast Bhavangar Private Limited and Steelcast Bhavangar Limited. It is led by directors including Chetankumar Manmohanbhai Tamboli (Managing Director) and Ashutosh Shukla (Whole-Time Director).

Its last annual general meeting (AGM) was held on 31 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ruvapari Road, Bhavnagar, Gujarat, India – 364005.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹423.17 Cr, a growth of 13.3% compared to the previous year. For the same year it recorded a net profit of ₹86.35 Cr (net margin 20.4%) and EBITDA of ₹114.27 Cr (EBITDA margin 27%). The net worth stands at ₹395.02 Cr (up 21.2% YoY). Total assets are valued at ₹399.37 Cr (up 21.5% YoY).

The company has about 1,381 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Steelcast. As per MCA filings, the company has open charges of ₹201.79 Cr and satisfied charges of ₹496.43 Cr on record. Court records list 57 cases involving the company, including 24 filed by the company and 33 filed against it; 9 cases are pending. The company has 16 deals on record (16 market trades); the latest was in December 2023. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier.

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

Company details

CIN L27310GJ1972PLC002033
Registration Number 002033
Incorporation Date 11 February 1972
ROC Ahmedabad
Listing Status Listed - Listed on NSE (STEELCAS); Listed on BSE (513517)
Company Status Active
Date of Last AGM 31 July 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Steelcast has undergone 2 name changes throughout its history. The company was previously known as Steelcast Bhavangar Private Limited, and Steelcast Bhavangar Limited. The current legal name is Steelcast Limited.

Company NameStatus
Steelcast LimitedCurrent
Steelcast Bhavangar Private LimitedPrevious
Steelcast Bhavangar LimitedPrevious

Recognitions & Rankings of Steelcast

Contact details

Steelcast Limited's registered office is in Bhavnagar, Gujarat. Its website is steelcast.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Ruvapari Road, Bhavnagar, Gujarat, India – 364005
  • Industry
    Manufacturing, Die Casting & Metal Forming

To see the full contact details of Steelcast Limited, buy the company report.

Comprehensive company report
Steelcast Limited - 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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Secure checkout · GST invoice included

Brands

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

BrandDescriptionWebsite
Steel and alloy steel castings are manufactured for industrial use.steelcast.net

Business activity

The main business activity of Steelcast is manufacturing. In detail, this covers manufacture of fabricated metal products, except machinery and equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing25Manufacture of fabricated metal products, except machinery and equipment

To see the full business activity and turnover split of Steelcast Limited, buy the company report.

Financials of Steelcast Limited

FY 2025-26 filings available

Steelcast Limited reported revenue of ₹423.17 Cr (up 13.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹423 Cr
+13.3% YoY
EBITDA
₹114 Cr
+10.4% YoY
Profit After Tax
₹86.35 Cr
+19.7% YoY
Net Worth
₹395 Cr
+21.2% YoY
Total Assets
₹399 Cr
+21.5% YoY
Total Debt
Nil

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
Revenue423373410477302158201
Revenue growth+13.3%-8.9%-14.1%+57.9%+91.5%-21.4%-
EBITDA11410311711463.9131.7937.64
EBITDA margin+27.0%+27.7%+28.7%+24.0%+21.2%+20.2%+18.8%
Profit before tax11697.3310194.5244.7415.6617.05
Net profit86.3572.1374.5369.9633.1611.727.92
Net profit margin+20.4%+19.3%+18.2%+14.7%+11.0%+7.4%+4.0%
EPS (₹)8.5835.6737.0634.8416.445.943.94
Balance sheet
Total assets399329271240220155168
Net worth395326270215157129118
Total debt0.000.050.0823.6562.8023.1144.54
Cash & bank16.596.4312.463.452.121.461.68
Net working capital15112710484.8310253.9659.25
Cash flow
Cash from operations86.4475.4281.92107(0.07)29.2934.39
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)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue12511297.4010710712010275.35
Revenue growth (YoY)+17.0%-6.4%-4.3%+41.5%+37.8%---
Other income3.245.083.703.952.721.850.892.05
Total expenses92.8383.2669.8976.4379.3982.5473.4856.33
EBITDA31.9929.1727.5130.2227.3037.5528.3319.02
EBITDA margin+25.6%+25.9%+28.2%+28.3%+25.6%+31.3%+27.8%+25.2%
Depreciation3.293.233.293.183.213.053.163.14
Interest0.170.030.040.040.150.280.240.03
Profit before tax31.7730.9927.8830.9526.6636.0725.8217.90
Tax8.077.807.307.736.789.326.614.60

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 08 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue12511297.4010710712010275.35
Revenue growth (YoY)+17.0%-6.4%-4.3%+41.5%+37.8%---
Other income3.245.083.703.952.721.850.892.05
Total expenses92.8383.2669.8976.4379.3982.5473.4856.33
EBITDA31.9929.1727.5130.2227.3037.5528.3319.02
EBITDA margin+25.6%+25.9%+28.2%+28.3%+25.6%+31.3%+27.8%+25.2%
Depreciation3.293.233.293.183.213.053.163.14
Interest0.170.030.040.040.150.280.240.03
Profit before tax31.7730.9927.8830.9526.6636.0725.8217.90
Tax8.077.807.307.736.789.326.614.60
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue423373410477302158201
Revenue growth+13.3%-8.9%-14.1%+57.9%+91.5%-21.4%-
Other income15.457.232.701.820.321.490.48
Total expenses309270292362238126163
Employee cost53.1145.8341.2237.0228.3619.8522.77
EBITDA11410311711463.9131.7937.64
EBITDA margin+27.0%+27.7%+28.7%+24.0%+21.2%+20.2%+18.8%
Depreciation12.9012.5517.9218.1417.7213.8216.05
Interest0.350.841.283.531.773.805.02
Profit before tax11697.3310194.5244.7415.6617.05
Tax29.6325.1325.9323.9911.463.629.06
Net profit86.3572.1374.5369.9633.1611.727.92
Net profit margin+20.4%+19.3%+18.2%+14.7%+11.0%+7.4%+4.0%
EPS (₹)8.5835.6737.0634.8416.445.943.94
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital10.1210.1210.1210.1210.1210.1210.12
Reserves & surplus385316260205146119108
Shareholders' funds (net worth)395326270215157129118
Secured loans0.000.050.0823.6562.8023.1144.54
Unsecured loans0.000.000.000.000.000.000.00
Total debt0.000.050.0823.6562.8023.1144.54
Total liabilities399329271240220155168
Assets
Gross block276255242232185159154
Net block15814213814210998.22107
Capital work in progress1.241.680.050.144.960.850.02
Investments78.8336.8621.379.550.090.090.09
Inventories40.8242.9632.3050.9161.5725.6323.03
Sundry debtors10897.5193.3276.6475.1651.3728.33
Cash & bank balances16.596.4312.463.452.121.461.68
Loans & advances37.2131.7710.6611.8011.734.1925.24
Total current assets20317914914315182.6578.28
Total current liabilities51.4051.8744.3157.9748.9228.6919.03
Net working capital15112710484.8310253.9659.25
Total assets399329271240220155168
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.010.010.250.12(4.93)(16.93)(20.90)
Net cash from operating activities86.4475.4281.92107(0.07)29.2934.39
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 cash1.340.01(0.25)0.14(57.75)11.993.98
Closing cash16.596.4312.463.452.121.461.68
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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 / equity0.000.000.050.230.300.270.47
Long-term debt / equity0.000.000.000.000.030.090.17
Interest cover0.350.921.293.673.8321.1523.25
Efficiency & per share
Fixed asset turnover1.591.501.732.291.751.011.32
Inventory turnover10.109.929.858.486.936.488.53
Debtors turnover4.113.914.826.284.773.964.72
EPS (₹)8.5835.6737.0634.8416.445.943.94
Dividend per share (₹)1.717.207.209.903.151.350.60
Book value per share (₹)39.03161.00133.21106.3377.3563.6258.25

To see the full year-wise statements and ratios of Steelcast Limited, buy the company report.

Board of directors of Steelcast Limited

Steelcast has 10 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Chetankumar Manmohanbhai TamboliManaging Director31 Aug 199135 Years 2 MonthsCurrent
Hemantbhai Devendrabhai DholakiaDirector29 Jun 20206 Years 4 MonthsCurrent
Aarushi Manoj GanatraDirector18 May 20224 Years 5 MonthsCurrent
Vidhi Siddharth MerchantDirector05 Nov 20197 Years 0 MonthsCurrent
Harsh GandhiDirector23 Jan 20233 Years 9 MonthsCurrent
Rajiv GandhiDirector23 Jan 20233 Years 9 MonthsCurrent
Showing 6 of 10 current directors. View all directors

Auditor

Steelcast Limited is audited by S S M & CO. for the financial year 2025.

Auditor firmFinancial yearFirm registration number
S S M & CO.FY 2025129198W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 45.00%, foreign institutional investors hold 0.30%, domestic institutional investors hold 2.50% and retail and other public shareholders hold 52.20%.

Promoters: 45.00%DII (Domestic Institutional): 2.50%FII (Foreign Institutional): 0.30%Retail & Others: 52.20%
Sep 2026
QUARTER
45.00% Promoters
2.50% DII (Domestic Institutional)
0.30% FII (Foreign Institutional)
52.20% Retail & Others
Promoter holding - history
Now 45.00% · Sep 2026High 45.00% · Dec 2025Low 45.00% · Dec 2025
44%44.5%45%45.5%46%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 45.00%Mar 2026: 45.00%Jun 2026: 45.00%Sep 2026: 45.00%45.00%45.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters45.00%45.00%45.00%45.00%
Public55.00%55.00%55.00%55.00%

Charges & borrowings

Open charges
₹201.79 Cr
Satisfied charges
₹496.43 Cr
Breakdown by lending institutions
Idbi Trusteeship Services Limited₹100.90 Cr
Standard Chartered Bank₹51.50 Cr
Others₹29.25 Cr
Hdfc Bank Limited₹20.15 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Apr 2018100173058Others₹29.25 CrOpen
20 Mar 201410484699Idbi Trusteeship Services Limited₹100.9 CrOpen
13 Oct 201210383416Standard Chartered Bank₹51.5 CrOpen
04 Aug 201210373547Hdfc Bank Limited₹20.15 CrOpen
28 May 2022100584198Others₹40 CrSatisfied

To see the full charge records of Steelcast Limited, buy the company report.

Total charge records: 39 View all charges

Deals & funding

Steelcast Limited has 16 deals on record (16 market trades); the latest was in December 2023.

Total deals
16
Market trades
16

Deals on record (5 of 16)

WhenDealAmountParties
Jun 2023Market trade₹9.71 CrSeller: Rushil Industries Limited
Jun 2021Market trade₹12.79 CrBuyer: 2 individuals
Seller: Bellwether Capital Private Limited
Mar 2021Market trade₹2.85 CrBuyer: Bellwether Capital Private Limited
Seller: Bellwether Capital Private Limited
Dec 2020Market trade₹2.45 CrBuyer: Bellwether Capital Private Limited
Sep 2020Market trade₹8.4 CrBuyer: 2 individuals
Seller: Bellwether Capital Private Limited

To see the full deal history of Steelcast Limited, 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

Steelcast Limited was last rated by Care on 05 Aug 2022.

Rating agencyRated onRating
Care05 Aug 2022

To see the full credit ratings and regulatory alerts of Steelcast Limited, buy the company report.

MSME payment delays

Steelcast Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)

SupplierAmount dueDue sinceReported on
Smarco Industries Private Limited

To see the full MSME payment records of Steelcast Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Steelcast Limited has a workforce of 1,381 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.

Employee count
1,381
Active EPFO establishments
1
Employee growth
-1.07%

GST

Steelcast has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AADCS0004N1ZOGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Steelcast Limited, buy the company report.

Recent activity

Steelcast Limited has 37 board changes on record since 1972: 24 appointments and 13 cessations. The latest: Dipam Arpit Patel was appointed as Director on 01 Oct 2024.

Filing
Steelcast Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Steelcast Limited last Annual general meeting of members was held on 31 Jul 2025 as per latest MCA records.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 100.90 Cr registered on 20 Mar 2014 with Charge ID 10484699 was modified on 05 May 2025.
Charges
A charge registered on 28 May 2022 via Charge ID 100584198 with Others was fully satisfied on 03 Mar 2025.
Appointed
Dipam Arpit Patel was appointed as Director.
Ceased
Apurva Rajendra Shah ceased to be Director.
Charges
A charge with Others of Rs. 29.25 Cr registered on 16 Apr 2018 with Charge ID 100173058 was modified on 16 Feb 2023.
Appointed
Ashutosh Shukla was appointed as Whole-Time Director.
Appointed
Harsh Gandhi was appointed as Director.
Appointed
Rajiv Gandhi was appointed as Director.
Appointed
Subhash Sharma was appointed as Whole-Time Director.
Charges
A charge with Standard Chartered Bank of Rs. 51.50 Cr registered on 13 Oct 2012 with Charge ID 10383416 was modified on 17 Jan 2023.

115 earlier events are in the company report.

News

Steelcast: Company Scheduled Meetings With Analysts And Investors On September 28 And 29
21 Sep 2026 · Exchange Update
Steelcast: Company Plans Meetings With Several Analysts and Investors on September 23 and 24.
19 Sep 2026 · Exchange Update

Frequently asked questions

Steelcast is an active public limited company based in Bhavnagar, Gujarat, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 11 February 1972 (54+ years old) and is registered under CIN L27310GJ1972PLC002033. Listed on BSE: 513517 and NSE: STEELCAS.

Steelcast reported revenue of ₹423.17 Cr for FY 2025-26 (up 13.3% YoY) based on standalone financials.

Steelcast has 10 current directors:

The latest financial statements of Steelcast on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 July 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Steelcast is 24AADCS0004N1ZO, registered in Gujarat.

The CIN (Corporate Identification Number) of Steelcast is L27310GJ1972PLC002033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Steelcast is a listed company as per MCA records. Its shares are listed on both BSE (code: 513517) and NSE (symbol: STEELCAS).

Steelcast has 57 court cases on record: 24 filed by the company and 33 filed against it. 9 are pending. Most are in the high courts.

Steelcast was incorporated on 11 February 1972, making it 54+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Steelcast has 16 deals on record (16 market trades); the latest was in December 2023.

Dipam Arpit Patel was appointed as Director on 01 Oct 2024. Apurva Rajendra Shah ceased to be Director on 30 Sep 2024. Ashutosh Shukla was appointed as Whole-Time Director on 23 Jan 2023. Steelcast has 37 board changes on record in total.