Electrosteel Castings Ltd's earnings have declined by -2.3%, whereas share price has appreciated 3.3% CAGR over the past five years, indicating the company’s share price is likely overvalued. However, for specific investment actions please consult your investment advisor.
Electrosteel Castings Ltd share price has appreciated 2.3% annually (CAGR) over the past ten years.
Data is not available for this company.
Electrosteel Castings (ECL), incorporated in 1955, is engaged manufacturing solutions for water supply and sewerage systems.
Growing from strength to strength over half a century, Electrosteel Castings Limited is inspired by a strong legacy and motivated by the vision to remain world-class through a focus on quality products and quality services. Today the Company is India's leading pipeline solution provider. It has a strong brand presence around the globe and has one prevailing aim - to
Growing from strength to strength over half a century, Electrosteel Castings Limited is inspired by a strong legacy and motivated by the vision to remain world-class through a focus on quality products and quality services. Today the Company is India's leading pipeline solution provider. It has a strong brand presence around the globe and has one prevailing aim - to remain the first choice in the market segment by becoming an international benchmark. An industry pioneer in India, Electrosteel has always remained the distinct choice for water engineers and domain experts in Ductile Iron Pipes and Fittings.
Apart from meeting the growing demand for DI Pipes in India successfully, Electrosteel has established a strong foothold in the international markets. It caters to a large customer base in 35 countries spread across the Indian subcontinent, South East Asia and the Middle East, Europe, USA, South America and Africa. ECL has been certified for ISO 9001: 2000 standard by different bodies such as IRQS and BSI for the manufacture of DI pipes for water, sewerage, gas and ash transportation. Electrosteel has been accorded the status of a three star export house in accordance with the provisions of the exim policy.
The company has clientele in Europe, the Gulf, Southeast Asia and Africa.
In 2011 Electrosteel entered into Joint Venture Agreement (JV) with Dart Energy Ltd.
Products and services
Ductile Iron Pipes- The company is largest manufacturer in India and one of the few manufacturer in the world of ductile iron (â€œDIâ€) spun pipes. These pipes have application in transmission of water, gas and industrial effluent, fire- fighting system and many more.
Ductile Iron Fitting- The company is engaged in manufacturing of socket and spigot push-on joints, mechanical flexible joints and flanged joints.
Turnkey Projects- ECL also undertakes infrastructure projects such as municipal water supply pipeline contracts and integrated water supply contracts on EPC (Engineering, Procurement & Construction) basis. Presently the company is involved in contracts located Rajasthan, Jammu & Kashmir, Delhi, MP, Gujarat, Kerala and Karnataka.