MarketFriction

Eastcoast Steel Ltd

BSE 520081 · Iron & Steel Products
₹15.70 -4.85%
BSE close2026-09-28
Market cap₹8.48 Cr.
P/E11.0

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
Sales2.305.9711.4910.102.150.003.270.010.000.0016.8116.49
Expenses2.676.1612.0610.003.010.043.560.390.220.2117.0016.37
Operating Profit-0.37-0.19-0.570.10-0.86-0.04-0.29-0.38-0.22-0.21-0.190.12
OPM %-16.09%-3.18%-4.96%0.99%-40.00%-8.87%-3,800.00%-1.13%0.73%
Other Income0.450.290.640.170.110.190.200.500.350.320.570.42
Interest0.000.000.000.000.000.000.000.000.000.000.000.03
Depreciation0.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax0.080.100.070.27-0.750.15-0.090.120.130.110.380.51
Tax %-112.50%20.00%42.86%0.00%6.67%-106.67%-233.33%-25.00%61.54%27.27%18.42%33.33%
Net Profit0.170.070.050.27-0.800.310.120.150.050.080.300.34
EPS in Rs0.320.130.090.50-1.480.570.220.280.090.150.560.63
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales-0.05-0.02-0.060.000.000.0010.924.9619.7615.5216.8233.30
Expenses1.010.750.970.630.811.1011.495.4721.4416.5617.8233.80
Operating Profit-1.06-0.77-1.03-0.63-0.81-1.10-0.57-0.51-1.68-1.04-1.00-0.50
OPM %-5.22%-10.28%-8.50%-6.70%-5.95%-1.50%
Other Income0.32-10.26-0.24-0.840.0242.500.911.531.720.681.741.66
Interest0.000.250.761.481.220.870.000.010.060.070.010.03
Depreciation0.030.030.030.030.030.020.010.010.000.010.010.00
Profit before tax-0.77-11.31-2.06-2.98-2.0440.510.331.00-0.02-0.440.721.13
Tax %0.00%0.00%0.00%0.00%0.00%13.03%196.97%21.00%0.00%-63.64%19.44%
Net Profit-0.77-11.32-2.06-2.98-2.0435.23-0.320.79-0.03-0.150.580.77
EPS in Rs-1.43-20.98-3.82-5.52-3.7865.28-0.591.46-0.06-0.281.071.43
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%%50%513%
Compounded Profit Growth3%11%%450%
Stock Price CAGR-11%-24%-20%-13%
Return on Equity%-2%-3%-3%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital5.405.405.405.405.405.405.405.405.405.405.405.40
Reserves-3.37-4.14-14.57-16.67-19.64-21.6613.5613.2314.0213.9813.8414.36
Borrowings2.552.551.9411.8413.7714.532.552.552.552.552.554.66
Other Liabilities0.170.2510.350.811.783.011.600.640.396.900.440.63
Total Liabilities4.754.063.121.381.311.2823.1121.8222.3628.8322.2325.05
Fixed Assets1.191.211.171.141.111.080.030.020.010.010.020.01
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments0.950.200.010.010.010.0023.0211.0816.581.2811.085.93
Other Assets2.612.651.940.230.190.200.0610.725.7727.5411.1319.11
Total Assets4.754.063.121.381.311.2823.1121.8222.3628.8322.2325.05
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.40-0.93-0.38-10.81-0.820.45-7.63-10.735.14-1.30-1.28-14.64
Cash from Investing Activity-0.370.890.381.270.010.0220.5112.72-4.6616.46-9.146.39
Cash from Financing Activity0.000.000.019.550.79-0.47-12.840.000.000.000.002.11
Net Cash Flow0.03-0.040.000.01-0.020.000.031.980.4815.16-10.42-6.14
Free Cash Flow0.40-0.97-0.38-10.81-0.820.4535.60-10.735.14-1.31-1.29-14.64
CFO/OP-75%85%56%1,051%130%-56%345%1,560%-1,053%77%126%1,465%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days0.000.000.000.00189.85187.65173.4576.43345.90
Inventory Days0.000.000.000.000.000.000.000.000.00
Days Payable
Cash Conversion Cycle0.000.000.000.00189.85187.65173.4576.43345.90
Working Capital Days22,812.508,322.00-174,105.00-20,926.67192.8634.5910.5317.64271.47
ROCE %-3.43%-18.36%-1,260.00%-8.49%-1.36%1.11%-3.78%-2.65%-0.61%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters19.09%19.09%19.82%19.85%19.87%19.87%19.87%19.88%19.88%19.99%20.00%20.00%
DIIs0.46%0.46%0.46%0.46%0.46%0.46%0.46%0.46%0.46%0.46%0.46%0.46%
Public80.45%80.44%79.72%79.67%79.67%79.67%79.67%79.66%79.66%79.55%79.54%79.54%
No. of Shareholders6,7936,7966,7546,7386,7286,7216,7176,7046,6936,6806,6746,668

Fundamentals

Market Cap₹ 8.48 Cr.
Current Price₹ 15.7
Stock P/E11.0
Book Value₹ 36.6
ROCE-0.61 %
ROE-2.51 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)513%
Compounded Profit Growth (TTM)450%
Standalone figures.
Valuation
Market capRs 8 Cr
Enterprise valueRs 12 Cr
P/E (TTM)11.00x
Price to book0.43x
Price to sales0.50x
EV / EBITDA10.45x
EV / EBIT10.54x
EV / sales0.71x
Earnings yield9.09%
P/E, 3-year average15.58x
P/B, 3-year average0.58x
P/E, 5-year average19.80x
P/B, 5-year average0.90x
Profitability
Operating margin (excl. other income)-5.95%
Operating margin (incl. other income)4.40%
EBITDA margin6.84%
Pre-tax margin6.72%
Net profit margin4.58%
Net margin, latest quarter2.06%
ROE2.97%
ROCE3.16%
ROA2.45%
ROE, 3-year average0.68%
ROCE, 3-year average0.55%
ROA, 3-year average0.58%
ROE, 5-year average0.90%
ROCE, 5-year average1.58%
ROA, 5-year average0.78%
ROIC (approx.)3.94%
Tax rate19.44%
Other income / net worth8.81%
Growth
Sales growth (latest year)8.38%
Sales CAGR, 3 years50.24%
Profit CAGR, 3 years-9.79%
Profit CAGR, 5 years-56.02%
Sales growth QoQ-1.90%
Profit growth QoQ13.33%
Sales growth YoY (latest quarter)164800.00%
Profit growth YoY (latest quarter)126.67%
Per share
EPS (TTM)Rs 1.43
EPS (latest year)Rs 1.07
EPS (latest quarter)Rs 0.63
EPS, 3-year averageRs 0.25
EPS, 5-year averageRs 0.32
Book value per shareRs 36.62
Sales per shareRs 31.17
Cash flow per shareRs -27.13
Free cash flow per shareRs -27.13
Efficiency
Asset turnover0.67x
Fixed asset turnover1682.00x
Debtor days346 days
Debtors turnover1.06x
Cash conversion cycle346 days
Working capital days271 days
Leverage
Total debtRs 5 Cr
Cash and bankRs 1 Cr
Net debtRs 4 Cr
Debt to equity0.24x
Net debt / EBITDA3.08x
Interest coverage114.00x
Owners' fund to total sources78.88%
Debt to assets18.60%
Cash flow
Cash from Operating Activity (latest year)Rs -15 Cr
Cash from Investing Activity (latest year)Rs 6 Cr
Cash from Financing Activity (latest year)Rs 2 Cr
Net Cash Flow (latest year)Rs -6 Cr
Free cash flow (latest year)Rs -15 Cr
FCFE (approx.: FCF + change in debt)Rs -13 Cr
Cash from ops / profit, 5 years-26.22x
Statement figures
Net sales (TTM)Rs 17 Cr
Net sales (latest year)Rs 17 Cr
Sales (latest quarter)Rs 16 Cr
Operating profit excl. other income (latest year)Rs -1 Cr
Operating profit (latest quarter)Rs 0 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 17 Cr
Total expenditure (latest year)Rs 18 Cr
Total income (latest year)Rs 19 Cr
Share capitalRs 5 Cr
ReservesRs 14 Cr
Shareholders' fundsRs 20 Cr
Total assetsRs 25 Cr
Net blockRs 0 Cr
InvestmentsRs 6 Cr
ReceivablesRs 16 Cr
Other liabilitiesRs 1 Cr
Shares outstanding (crore)0.54
Ownership
Promoter holding20.00% (+0.12 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 11.0 is at the 16th percentile of its own 2.1-year range (median 18.5, low 0.9, high 24.1).
P/B 0.43 is at the 2th percentile (median 0.62).
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.
Period520081Nifty 50Difference
1 week-20.5%-2.8% -17.7 pts
3 years-47.9%+14.2% -62.1 pts
5 years-75.0%+27.9% -102.9 pts

Red flags

F-score 4 of 8
explainWeak cash conversion Cash from operations was -4305% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 61% of total assets in 2026
explainReceivables outrunning sales Receivables grew 390% vs sales +8% in 2026
lookProfit leans on other income Other income was 242% of pre-tax profit 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 ₹16 Cr +164800.0% vs Jun 2025. Net profit ₹0 Cr +126.7%.

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 Eastcoast Steel Ltd?

Eastcoast Steel Ltd (520081) has a market capitalisation of Rs 8.48 Cr. at the 2026-09-28 close.

What is the P/E ratio of Eastcoast Steel Ltd?

Eastcoast Steel Ltd trades at a P/E of 11.0 on trailing twelve-month profit, at the 2026-09-28 close.

What were Eastcoast Steel Ltd's latest quarterly results?

In the Jun 2026 quarter, Eastcoast Steel Ltd sales was Rs 16 Cr (+164800.0% vs Jun 2025) and net profit was Rs 0 Cr.

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