MarketFriction

Magna Electro Castings Ltd

BSE 517449 · Castings & Forgings
₹1,300.35 -6.44%
BSE close2026-10-01
Market cap₹587 Cr.
P/E37.8

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales36.8135.1536.3542.1645.6443.1445.5148.5252.3347.9847.6150.81
Expenses31.1229.4930.0932.5335.9135.7238.0838.7342.8740.6441.0643.37
Operating Profit5.695.666.269.639.737.427.439.799.467.346.557.44
OPM %15.46%16.10%17.22%22.84%21.32%17.20%16.33%20.18%18.08%15.30%13.76%14.64%
Other Income0.440.330.490.530.500.310.390.450.480.450.520.49
Interest0.010.070.060.010.010.080.170.030.230.310.420.29
Depreciation1.091.081.151.121.201.151.171.292.532.542.512.61
Profit before tax5.034.845.549.039.026.506.488.927.184.944.145.03
Tax %25.05%27.07%26.35%25.58%25.61%25.23%25.77%25.45%24.65%24.09%35.75%26.04%
Net Profit3.773.534.096.726.724.864.826.665.413.752.663.73
EPS in Rs8.918.349.6615.8815.8811.4811.3915.7412.788.866.298.81
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales9379931239698136165144176196199
Expenses7965811058588122139120142163168
Operating Profit141412181110142623343331
OPM %15%18%13%14%11%10%10%16%16%19%17%15%
Other Income110321232222
Interest110000000011
Depreciation5555445645910
Profit before tax9981597102320312521
Tax %27%19%13%24%21%26%25%26%26%26%27%
Net Profit777117581715231816
EPS in Rs14.5115.9714.9724.8814.6012.2418.2740.4535.7054.6343.6436.74
Dividend Payout %14%13%13%20%17%12%14%7%14%11%11%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth8%15%6%9%
Compounded Profit Growth11%29%6%-33%
Stock Price CAGR25%52%40%43%
Return on Equity14%15%16%13%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital555555444444
Reserves364250566669677490104125141
Borrowings2010530005001115
Other Liabilities212015181915202425204234
Total Liabilities83767582908991107119128183194
Fixed Assets414239373333313240435099
CWIP0000002111415
Investments000000001111
Other Assets423436455756587476839089
Total Assets83767582908991107119128183194
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity10973799-12084021
Cash from Investing Activity-4-6-1-2-1-4-4-3-12-6-50-19
Cash from Financing Activity-5-3-6-2-5-4-84-6-29-0
Net Cash Flow001-111-2-010-12
Free Cash Flow6361555-580-81
CFO/OP87%77%65%40%61%108%111%9%101%57%138%86%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days9075951129291109105859211282
Inventory Days63729592781077379568586120
Days Payable12814816114812412591817490186142
Cash Conversion Cycle25-1295645749110366871259
Working Capital Days1833749595102908265837166
ROCE %18%18%16%13%23%12%10%14%24%20%25%17%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters53.38%53.38%53.38%53.38%53.38%53.38%53.42%53.66%53.66%53.66%53.66%53.66%
DIIs0.00%0.00%0.00%0.00%0.00%0.05%0.05%0.05%0.05%0.05%0.00%0.02%
Public46.62%46.62%46.61%46.62%46.62%46.57%46.54%46.29%46.29%46.30%46.34%46.32%
No. of Shareholders4,5454,8675,0125,0415,2765,1145,1385,1225,6465,4885,3305,046

Fundamentals

Market Cap₹ 587 Cr.
Current Price₹ 1,388
Stock P/E37.8
Book Value₹ 343
ROCE17.4 %
ROE13.4 %
Dividend Yield0.36 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)9%
Compounded Profit Growth (TTM)-33%
Standalone figures.
Valuation
Market capRs 550 Cr
Enterprise valueRs 549 Cr
P/E (TTM)35.39x
Price to book3.80x
Price to sales2.77x
EV / EBITDA16.78x
EV / EBIT24.37x
EV / sales2.76x
Price to cash flow25.86x
Earnings yield2.83%
Dividend yield0.39%
P/E, 3-year average16.26x
P/B, 3-year average2.40x
P/E, 5-year average13.32x
P/B, 5-year average1.90x
Profitability
Operating margin (excl. other income)16.87%
Operating margin (incl. other income)17.84%
EBITDA margin16.47%
Pre-tax margin10.71%
Net profit margin7.82%
Net margin, latest quarter7.34%
ROE13.47%
ROCE17.43%
ROA9.81%
ROE, 3-year average15.94%
ROCE, 3-year average20.97%
ROA, 3-year average12.29%
ROE, 5-year average15.60%
ROCE, 5-year average20.62%
ROA, 5-year average11.96%
ROIC (approx.)11.48%
Tax rate26.65%
Other income / net worth1.31%
Growth
Sales growth (latest year)11.33%
Profit growth (latest year)-20.11%
Sales CAGR, 3 years6.06%
Sales CAGR, 5 years14.97%
Profit CAGR, 3 years2.56%
Profit CAGR, 5 years28.95%
Sales growth QoQ6.72%
Profit growth QoQ40.23%
Sales growth YoY (latest quarter)4.72%
Profit growth YoY (latest quarter)-43.99%
Per share
EPS (TTM)Rs 36.74
EPS (latest year)Rs 43.64
EPS (latest quarter)Rs 8.81
EPS, 3-year averageRs 44.66
EPS, 5-year averageRs 38.54
Book value per shareRs 342.62
Sales per shareRs 469.58
Cash flow per shareRs 50.28
Free cash flow per shareRs 2.36
Dividend per share (latest year)Rs 5.01
Dividend per share, 3-year averageRs 5.34
Dividend per share, 5-year averageRs 4.31
Dividends
Dividend payout11.48%
Dividend payout, 3-year average12.16%
Dividend payout, 5-year average11.53%
Efficiency
Asset turnover1.01x
Fixed asset turnover1.99x
Inventory turnover7.05x
Inventory days52 days
Debtor days82 days
Debtors turnover4.47x
Creditor days142 days
Cash conversion cycle59 days
Working capital days66 days
Leverage
Total debtRs 15 Cr
Cash and bankRs 16 Cr
Net debtRs -1 Cr
Debt to equity0.10x
Net debt / EBITDA-0.03x
Interest coverage18.03x
Owners' fund to total sources74.77%
Debt to assets7.67%
Cash flow
Cash from Operating Activity (latest year)Rs 21 Cr
Cash from Investing Activity (latest year)Rs -19 Cr
Cash from Financing Activity (latest year)Rs -0 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs 1 Cr
FCFE (approx.: FCF + change in debt)Rs 5 Cr
Cash from ops / profit, 5 years1.09x
Sales to cash flow9.23x
Statement figures
Net sales (TTM)Rs 199 Cr
Net sales (latest year)Rs 196 Cr
Sales (latest quarter)Rs 51 Cr
Operating profit excl. other income (latest year)Rs 33 Cr
Operating profit (latest quarter)Rs 7 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 33 Cr
PBDT (TTM)Rs 31 Cr
Profit before tax (TTM)Rs 21 Cr
Tax (latest year)Rs 7 Cr
Net profit (TTM)Rs 16 Cr
Net profit (latest year)Rs 18 Cr
Net profit (latest quarter)Rs 4 Cr
Depreciation (TTM)Rs 10 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 132 Cr
Total expenditure (latest year)Rs 163 Cr
Total income (latest year)Rs 198 Cr
Share capitalRs 4 Cr
ReservesRs 141 Cr
Shareholders' fundsRs 145 Cr
Total assetsRs 194 Cr
Net blockRs 99 Cr
Capital work in progressRs 5 Cr
InvestmentsRs 1 Cr
ReceivablesRs 44 Cr
InventoryRs 19 Cr
Other liabilitiesRs 34 Cr
Shares outstanding (crore)0.42
Ownership
Promoter holding53.66% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 35.4 is at the 98th percentile of its own 9.4-year range (median 12.0, low 4.0, high 37.8).
P/B 3.80 is at the 94th percentile (median 1.40).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period517449Nifty 50Difference
1 week-10.1%-2.8% -7.3 pts
1 month+1.2%-6.8% +8.0 pts
3 months+18.2%-7.6% +25.8 pts
3 years+154.6%+14.2% +140.4 pts
5 years+646.9%+27.9% +619.0 pts

Red flags

F-score 5 of 8
explainDebt up, profit down Borrowings up 35% while net profit fell in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹51 Cr +4.7% vs Jun 2025. Net profit ₹4 Cr -44.0%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Magna Electro Castings Ltd?

Magna Electro Castings Ltd (517449) has a market capitalisation of Rs 587 Cr. at the 2026-10-01 close.

What is the P/E ratio of Magna Electro Castings Ltd?

Magna Electro Castings Ltd trades at a P/E of 37.8 on trailing twelve-month profit, at the 2026-10-01 close.

What were Magna Electro Castings Ltd's latest quarterly results?

In the Jun 2026 quarter, Magna Electro Castings Ltd sales was Rs 51 Cr (+4.7% vs Jun 2025) and net profit was Rs 4 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03