Is Welcast Steels Ltd (504988) a good quality company?

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

Is Welcast Steels Ltd (504988) undervalued or overvalued?

The key valuation ratios of Welcast Steels Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Welcast Steels Ltd (504988) share price return in the past 10 years?

Welcast Steels Ltd share price has appreciated 6.6% annually (CAGR) over the past ten years.

Is Welcast Steels Ltd (504988) a good buy now?

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

What is the share price of Welcast Steels Ltd (504988)?

Company share prices are keep on changing according to the market conditions. The current trading price of Welcast Steels Ltd (504988) on 17-Apr-2026 16:59:59 at 16:59 is 726.00.

What is the P/E ratio of Welcast Steels?

The latest standalone P/E ratio of Welcast Steels as of 17-Apr-2026 is 0.00.

What is the P/B ratio of Welcast Steels Ltd (504988)?

The latest standalone P/B ratio of Welcast Steels Ltd (504988) as of 17-Apr-2026 is 1.40.

What is the 52-week high and low of Welcast Steels Ltd (504988)?

The 52-week high of Welcast Steels Ltd (504988) is Rs. 1385.80 and the 52-week low is Rs. 650.05.

Welcast Steels Ltd (504988) Share Analysis – Cycle Position, Quality & Valuation Zone & DeciZen Rating

Name: Welcast Steels Ltd (504988)
Brand: Welcast Steels

Welcast Steels Ltd (504988) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Welcast Steels Ltd (504988)

BSE: 504988 NSE:

Key Metrics

Market Cap

₹46 Cr.

P/E Ratio

0.00

Price to Book (P/B)

1.40

Price to Sales (P/S)

0.70

EV/EBITDA

-16.80

Return on Capital Employed (ROCE)

-0.59%

Current Price

₹726

Return on Equity (ROE)

-0.84%

Return on Assets (ROA)

-0.69%

Operating Profit Margin

-1.3%

Net Profit Margin

-0.4%

Gross Profit Margin

0.5%

Book Value per Share

₹516.8

Sales Growth (YoY)

-7.21%

Sales Growth (3 Years)

-0.57%

Operating Profit Growth (1 Year)

-125.73%

Operating Profit Growth (3 Years)

NAN%

Net Profit Growth (1 Year)

-106.48%

52-Week Low / High

₹650 / 1,386

Net Profit Growth (3 Years)

N/A%

Dividend Yield

0.00%

Promoter Holding

74.85%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of Welcast Steels Ltd?

Welcast Steels Ltd revenue growth is -7.2% for FY-2025 , which is above its 5 year CAGR of -10.9% , indicating faster growth.

Q.1 Promoter shareholding and pledge status of Welcast Steels Ltd?

Promoters hold 74.85% of the Welcast Steels Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Welcast Steels Ltd vs industry peers?

Welcast Steels Ltd revenue CAGR is -10.85% , compared to the industry median CAGR of 7.48% , indicating slower growth and losing its market share.

Q.1 Which industry/sub-sector does Welcast Steels Ltd belong to?

Welcast Steels Ltd belongs to the Automobiles sector, operating specifically within the Castings/Forgings segment.

Q.1 Stock return of Welcast Steels Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 6.6% based on the current price.

DeciZen - make an informed investing decision on Welcast Steels

Based on:

Data

M-Cap below 100cr DeciZen not available

Welcast Steels stock performance

Key Ratios

Is Welcast Steels Ltd an attractive stock to invest in?

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	-0.4%	7.9%	7.8%	8.8%	1%	-2.8%	-0.9%	11.6%	19.3%	-0.6%	-
Value Creation Index ⓘ	-1.0	-0.4	-0.5	-0.4	-0.9	-1.2	-1.1	-0.2	0.4	-1.0	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	120	201	234	270	150	98	86	93.9	91.1	84.5	67
Sales YoY Gr.	-	68.3%	16.2%	15.3%	-44.4%	-34.7%	-12.2%	9.3%	-3%	-7.2%	-
Adj EPS ⓘ	-7.1	26.3	25	27.9	-9.3	-28.5	-7.7	41	76.3	-11.4	-101.8
YoY Gr.	-	NA	-5.1%	11.6%	-133.3%	NA	NA	NA	85.9%	-115%	-
BVPS (₹) ⓘ	473.1	499.7	521.7	548.6	539.3	513.3	509.6	553.3	631.7	622.4	516.8
Adj Net Profit ⓘ	-0.5	1.7	1.6	1.8	-0.6	-1.8	-0.5	2.6	4.9	-0.7	-7
Cash Flow from Ops. ⓘ	10.1	0.6	-2.3	5.7	-0.2	2.2	2.8	17.3	3.8	-3.7	-
Debt/CF from Ops. ⓘ	0	0	-2.2	0.2	-20.1	1.6	1	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-3.8%	-10.9%	-0.6%	-7.2%
Adj EPS ⓘ	NA	NA	NA	-115%
BVPSⓘ	3.1%	2.9%	6.9%	-1.5%
Share Price	6.6%	12.4%	1.5%	-37.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	-1.5	5.4	4.9	5.2	-1.7	-5.4	-1.5	7.7	12.9	-1.8	-17.9
Op. Profit Mgn % ⓘ	0.3	1.3	1.3	1.3	0.6	-0.1	0.1	4.9	5.2	-1.3	-6.4
Net Profit Mgn % ⓘ	-0.4	0.8	0.7	0.7	-0.4	-1.9	-0.6	2.8	5.3	-0.9	-9.8
Debt to Equity ⓘ	0	0	0.2	0	0.1	0.1	0.1	0	0	0	-
Working Cap Days ⓘ	103	61	69	64	107	137	137	107	94	103	88
Cash Conv. Cycle ⓘ	51	21	24	30	58	84	94	64	45	55	67

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	-101.8	-
TTM Sales (₹ Cr.)	66.6	-
BVPS (₹) ⓘ	516.8	-
Reserves (₹ Cr.) ⓘ	32	-
P/BV ⓘ	1.40	-
PE ⓘ	0.00	-

From the Market
52 Week Low / High (₹)	650.05 / 1385.80
All Time Low / High (₹)	8.29 / 1861.85
Market Cap (₹ Cr.)	46.3
Equity (₹ Cr.)	0.6
Face Value (₹)	10
Industry PE ⓘ	41.2

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Welcast Steels - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	119.63	201.33	233.85	269.62	150.02	97.95	85.97	93.92	91.07	84.50
Operating Expenses ⓘ +	119.31	198.66	230.75	266.01	149.11	98.01	85.92	89.66	86.64	85.64
Manufacturing Costs	34.28	57.10	64.49	75.53	45.97	27.59	18.30	21.89	21.21	19.79
Material Costs	74.21	130	154.51	178.32	89.70	57.65	57.36	56.21	53.46	52.34
Employee Cost	9.07	9.47	9.77	9.74	9.89	8.76	6.95	6.93	7.52	9.03
Other Costs ⓘ	1.76	2.10	1.99	2.42	3.55	4	3.30	4.63	4.45	4.48
Operating Profit ⓘ	0.32	2.66	3.09	3.60	0.91	-0.06	0.05	4.25	4.43	-1.14
Operating Profit Margin (%)	0.3%	1.3%	1.3%	1.3%	0.6%	-0.1%	0.1%	4.5%	4.9%	-1.3%
Other Income ⓘ +	0.47	0.61	0.52	0.50	0.81	0.46	0.72	0.76	3.62	1.69
Exceptional Items ⓘ	0.01	0	0	0	0	0	0	0	0	0
Interest ⓘ	0.30	0.13	0.46	0.49	0.43	0.38	0.23	1.71	0.30	0.12
Depreciation ⓘ	0.95	0.82	0.90	0.84	1.34	1.43	1.08	0.90	0.75	0.79
Profit Before Tax ⓘ	-0.45	2.32	2.26	2.78	-0.05	-1.40	-0.54	2.40	7.01	-0.35
Tax ⓘ	-0.01	0.64	0.67	0.94	0.21	0.42	-0.05	-0.24	1.76	-0.02
Profit After Tax	-0.44	1.68	1.59	1.84	-0.26	-1.82	-0.49	2.64	5.25	-0.34
PAT Margin (%)	-0.4%	0.8%	0.7%	0.7%	-0.2%	-1.9%	-0.6%	2.8%	5.8%	-0.4%
Adjusted EPS (₹)	-6.9	26.4	25.0	28.8	-4.1	-28.5	-7.7	41.4	82.2	-5.3
Dividend Payout Ratio (%)	0%	8%	8%	9%	0%	0%	0%	6%	3%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	30.19	31.89	33.29	35.01	34.42	32.76	32.52	35.31	40.31	39.72
Share Capital ⓘ	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64
Reserves ⓘ	29.56	31.25	32.65	34.38	33.78	32.12	31.88	34.67	39.67	39.09
Debt +	0	0	5	1.20	4	3.47	2.84	0	0	0
Long Term Debt	0	0	0	0	0	0	1.27	0	0	0
Short Term Debt	0	0	5	1.20	4	3.47	1.57	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	3.45	12.30	13.06	10.79	6.19	2.05	5.34	7.19	7.31	5.15
Others Liabilities ⓘ	2.20	2.73	3.34	7.14	5.08	3.02	1.94	3.24	2.99	2.37
Total Liabilities ⓘ	35.84	46.92	54.69	54.14	49.69	41.29	42.65	45.74	50.62	47.25
Fixed Assets
Net Fixed Assets ⓘ +	4.51	4.59	4.29	6.66	7.90	6.54	7.34	4.59	4.18	3.88
Gross Block	43.34	44.22	44.82	47.88	46.08	46.09	47.97	45.49	43.03	42.77
Accumulated Depreciation	38.83	39.63	40.53	41.22	38.17	39.55	40.63	40.90	38.85	38.88
CWIP ⓘ	0	0.16	1.61	0.06	0	0	0	0.09	0	0
Investments ⓘ	0	0	0	0	0	0	0	17.05	18.65	16.81
Inventories	12.67	17.22	20.42	21.96	20.41	10.05	16.78	13.14	12.18	10.48
Trade Receivables	6.18	6.80	13.12	12.59	9.37	13.99	10.99	5.37	7.16	8.25
Cash Equivalents	0.67	0.18	0.61	0.59	0.62	2.35	3.03	1.11	3.75	2.97
Others Assets ⓘ	11.81	17.98	14.64	12.29	11.40	8.36	4.50	4.38	4.70	4.86
Total Assets ⓘ	35.84	46.92	54.69	54.14	49.69	41.29	42.65	45.74	50.62	47.25

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	10.08	0.59	-2.30	5.65	-0.20	2.20	2.78	17.25	3.81	-3.74
PBT ⓘ	-0.32	2.41	2.26	2.78	-0.05	-1.40	-0.54	2.40	7.01	-0.35
Adjustment ⓘ	1.22	0.84	1.37	0.91	0.99	1.29	0.67	2.21	-2.39	-0.83
Changes in Working Capital ⓘ	8.51	-2.07	-5.29	2.54	-1	2.19	2.37	12.82	0.02	-1.84
Tax Paid ⓘ	0.68	-0.60	-0.64	-0.58	-0.14	0.12	0.29	-0.18	-0.83	-0.73
Cash Flow From Investing Activity ⓘ +	-0.13	-1.04	-2.05	-1.19	-1.86	0.29	-1.31	-14.65	-1.11	2.83
Capex	-0.13	-1.06	-2.05	-1.63	-2.10	-0.07	-1.88	1.56	-0.32	-0.44
Net Investments	0	0	0	0.04	-0.03	-0.04	-0.03	-16.70	-1.36	2.89
Others ⓘ	0	0.02	0	0.39	0.27	0.40	0.60	0.50	0.57	0.39
Cash Flow From Financing Activity ⓘ +	-9.49	-0.03	4.41	-4.31	2.26	-0.81	-0.81	-4.47	-0.16	-0.21
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-9.05	0	5	0	0	0	1.27	-1.27	0	0
Interest Paid ⓘ	-0.28	-0.03	-0.36	-0.36	-0.34	-0.28	-0.18	-1.63	0	-0.05
Dividend Paid ⓘ	-0.13	0	-0.15	-0.15	-0.19	0	0	0	-0.16	-0.16
Others ⓘ	-0.03	0	-0.07	-3.80	2.80	-0.53	-1.90	-1.57	0	0
Net Cash Flow ⓘ	0.47	-0.48	0.07	0.15	0.20	1.68	0.67	-1.86	2.54	-1.13

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	-1.45	5.42	4.89	5.38	-0.76	-5.42	-1.51	7.78	13.88	-0.84
ROCE (%)	-0.43	7.91	7.75	8.77	1.03	-2.75	-0.86	11.63	19.34	-0.59
Asset Turnover Ratio	3.09	5.29	4.72	4.95	2.89	2.15	2.05	2.13	1.89	1.73
PAT to CFO Conversion(x)	N/A	0.35	-1.45	3.07	N/A	N/A	N/A	6.53	0.73	N/A
Working Capital Days
Receivable Days	20	11	15	17	27	44	53	32	25	33
Inventory Days	46	25	29	29	52	57	57	58	51	49
Payable Days	24	22	30	24	35	26	24	41	49	43

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Welcast Steels Ltd FAQs

The current trading price of Welcast Steels on 17-Apr-2026 16:59 is ₹726.0.

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 16-Apr-2026 the market cap of Welcast Steels stood at ₹46.33 Cr

The latest P/E ratio of Welcast Steels as of 16-Apr-2026 is 0.00.

The latest P/B ratio of Welcast Steels as of 16-Apr-2026 is 1.40.

The 52-week high of Welcast Steels is ₹1,385.8 and the 52-week low is ₹650.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Welcast Steels is ₹66.62 ( Cr.) .

About Welcast Steels Ltd

Welcast Steels is a public limited company incorporated in 1974 manufacturing Hykrom Grinding Media balls for the cement and mining industry.

The manufacturing unit is fully equipped with the state-of-the-art equipment for production, testing and quality control such as induction furnaces, continuous type heat treatment furnaces with automatic oil quenching system, vacuum spectrometer, metallurgical microscope with photographic arrangement, sand testing equipments and hardness testing machine.

The company has an In-house Research & Development section which constantly upgrades and updates the technology to offer original solutions to the problems of industry.

Having been grinding media specialists for nearly 25 years, Welcast has acquired vast experience in the grinding process in the cement, mining industry and thermal power plants. The company engineers keep track of the latest developments taking place worldwide and with their exceptional knowledge, are in a position to recommend to the industry the specific quality of grinding media to be used for various applications.

The quality of grinding media manufactured by the company has been well established and its products are being supplied practically too all the cement plants in India. The company exports its products to other countries like USA, U.A.E., Japan, Australia, Thailand, Sri Lanka, UK, Bangladesh, Indonesia, Omain, Qatar, Philippines, Slovakia, Hong Kong, Canada, Bulgaria and Vietnam.

Product range of the company includes:

High Chrome Grinding Media - Welcast HYKROM Grinding Media is a combination of high performance and durability. It strikes a perfect balance between hardness and toughness. Over 50,000 tonnes is currently employed in Indian and International industries without a single failure.

Clientele:

Larsen & Toubro Ltd. ,Awarpur Cement Works.
Larsen & Toubro Ltd., Jharsuguda Cement Works.
Associated Cement Cos. Ltd., Chanda Cement Works.
Chettinad Cements
Lakshmi Cements
Tamilnadu Cements
Priyadarshini Cements
Hindustan Zinc Ltd.
Hy-Grade Pellets Ltd.
Tamilnadu Electricity Board
Blue Circle Cement
Lafarge Canada
Longwear Products
Hanwa Co. Ltd.
Puttalam Cement Co., and many more

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
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Welcast Steels Ltd (504988) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Welcast Steels Share Price