Electrosteel Castings Ltd
Fortune 500 2024
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OVERVIEW
FINANCIALS
About
Electrosteel Castings is a pioneer in the manufacturing of ductile iron (DI) pipes in the Indian subcontinent, particularly in the water infrastructure business. With a production capacity of 700,000 tonnes of ductile iron pipes per annum, spread over 5 manufacturing facilities in West Bengal, Tamil Nadu, and Andhra Pradesh, Electrosteel produces the largest amount of DI pipes in India and the third largest amount in the world. Apart from DI pipes and related products, Electrosteel produces metallurgical coke, standard precious metal layer (SPL) gold cement, sponge iron, ferro silicon, and more. Its products and services are exported to over 110 markets in the Middle East, South America, Southeast Asia, Africa, and Europe.
Incorporation Year: 1955
Headquarters: Kolkata
Top Management: Ajay Kumar/Umang Kejriwal
Industry: Metals
Website: www.electrosteel.com
Featured In Fortune India Ranking
Fortune 500 India
#308(2024)
#287(2023)
#293(2022)
#350(2021)
#381(2020)
#413(2019)
#467(2018)
#444(2017)
#430(2016)
#388(2015)
#376(2014)
#391(2013)
#374(2012)
#351(2011)
#332(2010)
#308(2024)#287(2023)#293(2022)#350(2021)#381(2020)#413(2019)#467(2018)#444(2017)#430(2016)#388(2015)#376(2014)#391(2013)#374(2012)#351(2011)#332(2010)
Ranking Trend Fortune 500 India
Financial Data 2024
Revenue
7,472
(INR Cr)
Net Operating Income
7,478
(INR Cr)
Assets
7,763
(INR Cr)
Profit
740
(INR Cr)
Net Worth
5,113
(INR Cr)
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 7472 -0.6% | 7518 31.2% | 5731 66.2% | 3448 21.3% | 2842 0.2% | 2836 20.4% | 2355 9.9% | 2144 -4.8% | 2251 -8.7% | 2465 -2.1% | 2517 11.4% | 2260 0.9% | 2240 10.1% | 2033 19.0% | 1708 -18.9% | 2106 - |
| Net Operating Income (INR Cr) | 7478 2.78% | 7276 37.77% | 5281 52.00% | 3474 28.15% | 2711 0.43% | 2699 19.28% | 2263 8.85% | 2079 -5.68% | 2204 -8.23% | 2402 -2.33% | 2459 11.07% | 2214 5.34% | 2102 12.24% | 1873 18.46% | 1581 -18.86% | 1948 35.32% |
| Profit (INR Cr) | 740 134.3% | 316 -9.1% | 347 - | -91 - | 161 322.0% | 38 -69.2% | 124 -13.9% | 144 - | -27 - | -116 - | -16 - | -24 - | -27 - | 180 -23.3% | 234 73.1% | 135 - |
| Assets (INR Cr) | 7763 8.5% | 7158 -0.7% | 7210 19.9% | 6013 26.6% | 4751 2.9% | 4619 4.6% | 4417 -5.9% | 4696 -3.0% | 4842 4.0% | 4656 -3.1% | 4803 2.5% | 4686 32.3% | 3542 6.3% | 3333 14.0% | 2924 16.6% | 2507 - |
| Net Worth (INR Cr) | 5113 16.7% | 4383 6.8% | 4103 10.6% | 3710 28.8% | 2880 9.3% | 2636 6.3% | 2479 3.9% | 2385 -4.2% | 2491 62.8% | 1529 -6.4% | 1634 -1.1% | 1652 -2.5% | 1695 -2.9% | 1747 7.8% | 1621 15.7% | 1401 17.3% |
| Employee Cost (INR Cr) | 477 10.9% | 430 8.2% | 398 33.9% | 297 31.1% | 227 8.6% | 209 -9.4% | 230 -3.1% | 237 3.7% | 229 6.4% | 215 6.4% | 203 10.9% | 183 14.9% | 159 7.0% | 149 13.5% | 131 16.2% | 113 - |
| Interest Cost (INR Cr) | 219 | 286 | 195 | 208 | 228 | 235 | 210 | 210 | 180 | 157 | 150 | 126 | 111 | 86 | 52 | 103 |
| Cash & Bank Balance (INR Cr) | 400 | 412 | 519 | 510 | 100 | 150 | 229 | 357 | 140 | 245 | 267 | 346 | 169 | 205 | 299 | 95 |
| Total Debt (INR Cr) | 2332 | 2667 | 2967 | 2138 | 1736 | 1761 | 1697 | 2057 | 2185 | 2572 | 2571 | 2430 | 1821 | 1567 | 1298 | 1101 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 9.9% | 4.2% | 6.1% | - | 5.7% | 1.4% | 5.3% | 6.7% | - | - | - | - | - | 8.8% | 13.7% | 6.4% |
| Profit As % Of Assets | 9.5% | 4.4% | 4.8% | - | 3.4% | 0.8% | 2.8% | 3.1% | - | - | - | - | - | 5.4% | 8.0% | 5.4% |
| Profit As % Of Networth | 14.5% | 7.2% | 8.5% | - | 5.6% | 1.5% | 5.0% | 6.0% | - | - | - | - | - | 10.3% | 14.5% | 9.7% |
| Interest Cost to EBITDA % | 18.6% | 38.8% | 28.2% | 109.9% | 62.2% | 127.9% | 82.1% | 73.0% | 66.6% | 50.8% | 50.5% | 63.5% | 105.8% | 32.0% | 17.4% | 39.1% |
| Debt to Equity Ratio | 0.46 | 0.61 | 0.72 | 0.58 | 0.60 | 0.67 | 0.68 | 0.86 | 0.88 | 1.68 | 1.57 | 1.47 | 1.07 | 0.90 | 0.80 | 0.79 |
| RONW | 15.6% | 7.5% | 8.9% | - | 3.8% | 5.4% | 2.7% | 2.2% | - | - | - | - | - | 9.6% | 13.6% | 9.8% |
| ROCE | 15.5% | 9.8% | 9.7% | 7.4% | 7.8% | 8.7% | 6.0% | 6.0% | 5.5% | 7.0% | 6.4% | 5.7% | 2.7% | 9.9% | 13.4% | 13.3% |