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Super Iron Foundry Ltd (544381)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544381 NSE: Castings/Forgings | Small Cap | Super Iron Foundry Share Price

₹46.56 -1.44 (-3.00%)

As on 04-Jun'26 16:59

Super Iron Foundry Ltd (544381)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544381 NSE: Castings/Forgings | Small Cap | Super Iron Foundry Share Price

₹46.56 -1.44 (-3.00%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹109 Cr.
Current Price
₹46.6
52-Week Low / High
₹24 / 59
TTM EPS
₹2.2
TTM Sales
₹185 Cr.
Book Value per Share
₹55.8
P/E Ratio
21.50
Higher than its 5-year historical median
Industry PE
42.2
Price to Book (P/B)
0.84
Higher than its 5-year historical median
Price to Sales (P/S)
0.59
In line with its 5-year historical median
EV/EBITDA
8.44
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
11.48%
Outperforms industry median
Return on Capital Employed (ROCE)
11.24%
Underperforms industry median
Return on Assets (ROA)
3.96%
Operating Profit Margin
12.7%
Net Profit Margin
6.78%
Gross Profit Margin
12.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
2.5%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
28.71%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
172.84%
Asset Quality
Promoter Holding
70.89%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹107 Cr.
Equity
₹23.4 Cr.
Face Value
₹10
All Time Low / High
₹24.00 / 107.95

Super Iron Foundry stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Super Iron Foundry Ltd a good quality company?
Super Iron Foundry Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Super Iron Foundry Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Super Iron Foundry Ltd vs industry peers?
Super Iron Foundry Ltd revenue CAGR is 6.29%, compared to the industry median CAGR of 8.95%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Super Iron Foundry Ltd?
Promoters hold 70.89% of the Super Iron Foundry Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Super Iron Foundry Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of 21.27% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Super Iron Foundry Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 3.3%4.7%7.2%11.2%-
Value Creation
Index
-0.8-0.7-0.5-0.2-

Growth Parameters

Sales 132125155159185
Sales YoY Gr.--5.6%24.1%2.5%-
Adj EPS 0.61.22.72.32.2
YoY Gr.-79.7%130.4%-14%-
BVPS (₹) 31.131.934.555.855.8
Adj Net
Profit
1.11.94.45.35
Cash Flow from Ops. -26.112.511.85.7-
Debt/CF from Ops. -4.89.710.117-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA6.3%2.5%
Adj EPS NANA52.7%-14%
BVPSNANA21.5%61.8%
Share Price - - - 36.9%

Key Financial Parameters

Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
2.13.684.63.9
Op. Profit
Mgn %
7.99.411.712.7NAN
Net Profit
Mgn %
0.81.52.83.42.7
Debt to
Equity
2.52.32.10.7-
Working Cap
Days
04083763900
Cash Conv.
Cycle
02892552620

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Sales132125155159
Operating Expenses + 122114139138
Manufacturing Costs37212821
Material Costs546987101
Employee Cost 2115158
Other Costs 119109
Operating Profit 10111620
Operating Profit Margin (%) 7.7%8.7%10.1%12.7%
Other Income + 0128
Exceptional Items 0000
Interest 4688
Depreciation 4456
Profit Before Tax 12514
Tax 1113
Profit After Tax 11411
PAT Margin (%) 0.7%1.0%2.6%6.8%
Adjusted EPS (₹)0.50.82.44.6
Dividend Payout Ratio (%)0%0%0%0%

Valuation of Super Iron Foundry - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 515357173
Share Capital 16161623
Reserves 353640150
Debt +11911311397
Long Term Debt38303014
Short Term Debt81838383
Minority Interest0000
Trade Payables16305134
Others Liabilities 1214127
Total Liabilities 198209233310

Fixed Assets

Net Fixed Assets +374745113
Gross Block637780152
Accumulated Depreciation26303439
CWIP 2511119
Investments 00020
Inventories706686104
Trade Receivables48697543
Cash Equivalents 4441
Others Assets 14111220
Total Assets 198209233310

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -2612126
PBT 12514
Adjustment 910128
Changes in Working Capital -361-5-14
Tax Paid -1-0-0-2
Cash Flow From Investing Activity + -11-0-2-41
Capex -9-14-3-23
Net Investments 000-20
Others -31302
Cash Flow From Financing Activity + 39-12-1033
Net Proceeds from Shares 10063
Net Proceeds from Borrowing 7-8-3-16
Interest Paid -4-6-8-8
Dividend Paid 0000
Others 3632-6
Net Cash Flow 20-0-3

Financial Ratio

PARTICULARSMar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)1.712.477.211.48
ROCE (%)3.274.697.2211.24
Asset Turnover Ratio0.670.610.70.58
PAT to CFO Conversion(x)-261230.55
Working Capital Days
Receivable Days131.90171.10169.90135.80
Inventory Days193.60199.40179218
Payable Days106.30118.70168.50151.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Super Iron Foundry Ltd FAQs

The current trading price of Super Iron Foundry on 04-Jun-2026 16:59 is ₹46.56.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Super Iron Foundry stood at ₹108.9 Cr

The latest P/E ratio of Super Iron Foundry as of 03-Jun-2026 is 21.50.

The latest P/B ratio of Super Iron Foundry as of 03-Jun-2026 is 0.84.

The 52-week high of Super Iron Foundry is ₹59.41 and the 52-week low is ₹24.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Super Iron Foundry is ₹185 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Super Iron Foundry Ltd is a below average quality company.

The key valuation ratios of Super Iron Foundry Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Super Iron Foundry Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Super Iron Foundry Ltd

Super Iron Foundry Limited was incorporated as Super Iron Foundry Private Limited at Kolkata, West Bengal, as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated July 15, 1988, issued by the RoC. The company was converted from a private limited company to a public limited company pursuant to board resolution dated August 30, 2024 and special resolution passed by the Shareholders at the EGM dated August 31, 2024. Consequently, the name of the company was changed from ‘Super Iron Foundry Private Limited’ to ‘Super Iron Foundry Limited’ and a fresh certificate of incorporation consequent upon conversion to public company dated September 11, 2024 was issued by the Assistant Registrar of Companies/ Deputy Registrar of Companies/ Registrar of Companies, Central Processing Centre.

Super Iron Foundry manufactures municipal castings, ductile iron pipe fittings, ductile iron automotive castings, ductile iron agricultural castings (rollers and crosskills), railway castings and cast-iron counterweights. The municipal castings are used primarily in roadway construction and these products are used in major construction projects to provide access covers to cover the storm water, sewerage, telecom and other utility networks. The company is engaged in the business of iron and steel foundry; more particularly in the business of casting and manufacturing of access covers and gully grates used in roadway construction. The company’s products are used in major construction projects to provide access covers to cover the storm water, sewerage, telecom and other utility networks. The company manufactures and exports these covers globally, as its products are compliant with international standards like EN124. Applications of other product groups manufactured by the company are in automotive, agriculture equipment and applications where weight balancing and stability are crucial. Its production facility is equipped with modern robotic equipment, ensuring quality standards and control, and follows sustainable practices, making it the preferred choice for its customers from across the globe giving them a one stop shop solution for all their casting needs.

It mainly exports its products to European and Middle Eastern markets. In Europe, it sells through distributors, wherein the company does subcontract manufacturing for the distributors under their brand. The orders for the European business are fairly stable year on year basis, with exception during the period prior to snowfall in European countries, which generally lasts from July till September. Its Middle East business is driven through agents who work in mega projects on behalf of the company and it typically carries minimal stocks and supply to the projects directly. The company has successfully given design solutions and castings to various prestigious projects in Middle East like New Hamad Port Project (Qatar), New Turkish Air Base (Qatar), Airport expansion project in Oman, Dubai South developmental project, Lusail FIFA Stadium project, Al Barwah project in Doha to name a few. There is no seasonality in Middle East business except for the month of Ramadan, where construction activities take a dip.

Its manufacturing facility is ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certified for quality management system, occupational health and safety management system and environmental management system to manufacture and supply ductile, grey iron casting, SGCI inserts applicable to municipal, sanitary, automotive, agriculture, waterworks, railways and electrical transmission and distribution. It also has Kitemark certificate issued by BSI, United Kingdom for gully tops and manhole tops for vehicular and pedestrian areas. It combines modern manufacturing technology and engineering expertise with cost efficient processes, to deliver quality products at competitive prices. Its manufacturing operations are strengthened by its technical capabilities, infrastructure, and process knowledge.

Business area of the company

The company is engaged in the business of iron and steel foundry, more particularly in the business of casting and manufacturing of access covers and gully grates used in roadway construction.

Products of the company

  • Ductile Iron Pipe Fittings
  • Case Differential Castings - Automotive
  • Base Plate - Railways
  • Railway insert
  • Single gas tight square infill type access cover
  • Double gas tight square infill type access covers
  • Double gas tight square solid top type access covers
  • Gas tight round infill type access cover
  • Di trench grating
  • Special spring assist ultra heavy-duty access grate and frame
  • Ductile iron meter/hydrant box
  • Circular cover & circular frame
  • Semicircular cover & frame
  • Square cover & frame
  • Multipart recessed cover & frame
  • Hinged gully grating
  • Double triangular top entry gully grating
  • Channel grating
  • Side entry kerb gully
  • Telecommunication covers and frames
  • Surface box
  • Tree grate
  • Water tight manhole cover & frame
  • City specific manhole cover & frame
  • 3 pieces floating height adjustable manhole cover & frame
  • Pyramid type catch basin
  • 3 pieces valve boxes
  • Cleanout box
  • Screw type roadway box
  • Galvanized mild steel wave grating
  • Galvanized mild steel sump grating
  • Agricultural castings - Rollers & Wheels
  • Counterweights
  • Helical screw piles

Awards and accreditations

  • 2019: EEPC National Award for Export Excellence - Award for Special Contribution: Highest Growth in Exports during 2018-19 (Medium Enterprise).
  • 2022: ASSOCHAM Leadership Conclave, 2022 & Excellence Awards - Exporter of the Year.
  • 2024: EEPC India (Eastern Region) - Award for Export Excellence (Star Performer - Group 4: Sanitary & Industrial Castings). Category: Medium.

History and milestones

  • 1988: Incorporation of the company.
  • 2013: Setting up of new greenfield foundry in Burdwan, West Bengal.
  • 2013: First export consignment to Europe.
  • 2015: Capacity expansion by setting up of a new vertical automatic moulding line.
  • 2015: Accorded the status of a One Star Export House by the Directorate General of Foreign Trade.
  • 2021: Second capacity expansion from 24000 mt ton to 72000 mt ton p.a. supported by robotic machines.
  • 2023: Accorded the status of a Two Star Export House by the Directorate General of Foreign Trade.
  • 2024: Conversion from a private limited company to a public limited company.

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