Steelcast Ltd
About
Steelcast Ltd. is a leading manufacturer of high-quality Steel and Alloy Steel Castings, serving Original Equipment Manufacturers (OEMs) across a wide range of heavy industries. The company provides critical components for sectors such as Earth Moving, Mining and Mineral Processing, Steel Plants, Cement, Energy, and Railways. With a strong emphasis on precision engineering, durability, and performance, Steelcast’s products are designed to withstand the most demanding industrial applications. Headquartered in Bhavnagar, Gujarat, the company has established itself as a trusted supplier both in domestic and international markets. Under the leadership of Chairman and Managing Director Mr. Chetan M. Tamboli, Steelcast Ltd. continues to focus on innovation, customer satisfaction, and maintaining world-class quality standards in every casting it delivers.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 397 -14.90% | 467 41.76% | 329 103.81% | 162 -19.49% | 201 -34.22% | 305 24.33% | 245 75.18% | 140 5.47% | 133 58.47% | 84 -41.57% | 143 -50.10% | 287 18.87% | 242 77.10% | 137 40.85% | 97 -25.27% | 130 - |
| Net Operating Income (INR Cr) | 410 -14.06% | 477 57.87% | 302 91.49% | 158 -21.37% | 201 -36.91% | 318 37.48% | 231 72.63% | 134 -2.25% | 137 73.16% | 79 -45.23% | 144 -49.72% | 287 21.09% | 237 78.07% | 133 40.33% | 95 -25.81% | 128 - |
| Profit (INR Cr) | 75 6.35% | 71 111.96% | 33 176.79% | 12 50.63% | 8 -68.05% | 25 19.75% | 21 602.36% | 3 2,184.62% | 0 - | -19 - | 0 -97.81% | 20 39.26% | 14 225.87% | 4 55.76% | 3 -27.42% | 4 - |
| Assets (INR Cr) | 271 13.03% | 240 8.95% | 220 42.04% | 155 -7.68% | 168 -9.05% | 185 -7.32% | 199 10.86% | 180 -10.31% | 201 -1.75% | 204 -5.84% | 217 11.78% | 194 33.84% | 145 31.15% | 110 37.04% | 81 -0.07% | 81 - |
| Net Worth (INR Cr) | 270 25.28% | 215 37.47% | 157 21.57% | 129 9.23% | 118 2.55% | 115 23.18% | 93 26.05% | 74 3.02% | 72 19.98% | 60 -24.24% | 79 2.63% | 77 29.22% | 60 31.90% | 45 10.59% | 41 9.78% | 37 8.99% |
| Employee Cost (INR Cr) | 41 11.35% | 37 30.54% | 28 42.87% | 20 -12.82% | 23 -11.61% | 26 27.97% | 20 31.91% | 15 18.66% | 13 21.55% | 11 -18.43% | 13 -33.38% | 19 24.81% | 16 36.24% | 11 43.13% | 8 -11.11% | 9 - |
| Interest Cost (INR Cr) | 1 | 3 | 1 | 3 | 5 | 9 | 11 | 10 | 13 | 11 | 11 | 9 | 9 | 4 | 3 | 6 |
| Cash & Bank Balance (INR Cr) | 12 | 3 | 2 | 1 | 1 | 6 | 1 | 1 | 8 | 3 | 8 | 10 | 9 | 5 | 12 | 11 |
| Total Debt (INR Cr) | 0 | 23 | 62 | 23 | 44 | 64 | 92 | 89 | 128 | 143 | 137 | 116 | 84 | 64 | 39 | 43 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 18.88% | 15.11% | 10.10% | 7.44% | 3.98% | 8.19% | 8.50% | 2.12% | 0.10% | -22.07% | 0.30% | 6.84% | 5.84% | 3.17% | 2.87% | 2.95% |
| Profit As % Of Assets | 27.63% | 29.37% | 15.09% | 7.75% | 4.75% | 13.52% | 10.46% | 1.65% | 0.06% | -9.06% | 0.20% | 10.13% | 9.74% | 3.92% | 3.45% | 4.75% |
| Profit As % Of Networth | 27.82% | 32.77% | 21.25% | 9.33% | 6.77% | 21.73% | 22.35% | 4.01% | 0.18% | -30.88% | 0.54% | 25.51% | 23.67% | 9.58% | 6.80% | 10.29% |
| Interest Cost to EBITDA % | 1.09% | 3.09% | 2.77% | 11.96% | 13.34% | 16.73% | 26.34% | 40.34% | 52.86% | -904.69% | 43.53% | 20.03% | 25.26% | 31.35% | 31.14% | 51.34% |
| Debt to Equity Ratio | 0.05 | 0.23 | 0.30 | 0.27 | 0.47 | 0.75 | 1.09 | 1.49 | 2.06 | 2.02 | 1.62 | 1.47 | 1.43 | 1.22 | 1.07 | 1.28 |
| RONW | 30.94% | 37.94% | 23.32% | 9.75% | 6.85% | 23.99% | 23.10% | 2.52% | 0.18% | 0.00% | 0.55% | 28.76% | 26.92% | 10.06% | 7.12% | 10.73% |
| ROCE | 39.96% | 42.58% | 24.76% | 12.03% | 12.50% | 23.41% | 15.51% | 6.49% | 6.79% | 0.00% | 5.81% | 22.70% | 25.31% | 11.69% | 9.47% | 15.60% |