Foseco Crucible (India) Q2 FY24 Share Price & Earnings Call Analysis
- Market cap
- ₹1,032 Cr
- P/E
- 26.22
- ROE
- 21.77%
- PEG
- 1.16
- Price to sales
- 5.80
- Debt to equity
- 0.01
- 52W high / low
- ₹2,017 / ₹1,160
- Sales growth (5Y)
- 9.98%
- EBITDA margin
- 30.82%
- Net profit margin
- 17.22%
- Promoter holding
- 75.00%
- Sales (last year)
- ₹178 Cr
Guidance scorecard · Q2 FY24 call
What Foseco Crucible (India)'s management guided
and where it ranks in Industrial Products
RevenueQ2 FY24 call
10–20%- Target to reach ₹250-300 crores revenue in the near term (2024-25) leveraging existing capacity without major new investments.
- Growth driven mainly by price increases, efficiency improvements, and inflation tapering.
- Domestic and export markets are balanced (50-50); exports expected to recover post Q2 2024.
- Shift of some product lines from Germany to India to improve competitiveness and volume for MCIL.
- Long-term growth beyond ₹300 crores requires entry into new verticals, notably lithium and battery market with new patented products.
2 more points from Foseco Crucible (India)'s call on revenue
Create a free account to keep reading this call
MarginsQ2 FY24 call
FlatSee what Foseco Crucible (India) said on margins — free account, 30 seconds.
CapexQ2 FY24 call
Planned- Avatar expansion project cost about ₹40 crores; normal annual CapEx is around ₹10 crores.
- Current capacity allows growth to ₹250 crores revenue without significant new investment.
- Small ongoing investments in Aurangabad for developing new products, especially targeting the lithium and battery space.
- Strategic plan includes shifting some product lines from the German plant to India to improve competitiveness.
- Preparing for growth in new markets (like lithium battery components) to increase revenues from ₹300 crores to ₹500-600 crores.
2 more points from Foseco Crucible (India)'s call on capex
Create a free account to keep reading this call
FundraisingQ2 FY24 call
See what Foseco Crucible (India) said on fundraising — free account, 30 seconds.
Order bookQ2 FY24 call
- The company is cautiously optimistic about revenue growth, targeting INR 250-300 crores in the near term.
- Export markets are currently soft, especially in Europe and Asia, affecting order flow.
- Plans exist to grow by shifting manufacturing from Germany to India and entering new markets like lithium battery components.
- Product development for lithium and battery space is ongoing, with patents expected to be published in early 2024.
2 more points from Foseco Crucible (India)'s call on the order book
Create a free account to keep reading this call
Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Industrial Products companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹532 Cr | 21.2 | |
| 2 | 40%+ | Up 2%+ | ₹450 Cr | 13.2 | |
| 3 | 40%+ | Up 2%+ | ₹371 Cr | 26.1 | |
| 4 | 40%+ | Up 0–2% | ₹1,340 Cr | 32.9 | |
| 5 | 40%+ | Up 0–2% | ₹1,196 Cr | 14.1 | |
| 6 | 40%+ | Flat | ₹966 Cr | 25.0 |
Sign up free to see every company in the sector ranking and track Foseco Crucible (India).
Pro shows every company guiding 40%+ revenue growth →Full Industrial Products rankingFinancials of Foseco Crucible (India)
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Foseco Crucible (India)
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 33.98 | 42.69 | 45.35 | 40.00 | 39.90 | 42.90 | 44.31 | 44.66 | 42.32 | 42.54 | 45.93 | 46.09 | 37.35 |
| Expenses + | 30.23 | 31.19 | 32.51 | 31.50 | 34.28 | 32.12 | 31.48 | 34.18 | 35.77 | 33.41 | 33.16 | 31.89 | 27.63 |
| Operating Profit | 3.75 | 11.50 | 12.84 | 8.50 | 5.62 | 10.78 | 12.83 | 10.48 | 6.55 | 9.13 | 12.77 | 14.20 | 9.72 |
| OPM % | 11.04% | 26.94% | 28.31% | 21.25% | 14.09% | 25.13% | 28.96% | 23.47% | 15.48% | 21.46% | 27.80% | 30.81% | 26.02% |
| Other Income + | 1.64 | 1.15 | 1.12 | 2.83 | -2.20 | 1.96 | 1.75 | 2.75 | 1.52 | 2.11 | 2.51 | -2.14 | -10.07 |
| Interest | 0.00 | 0.00 | 0.04 | 0.06 | 0.03 | 0.08 | 0.08 | 0.05 | 0.03 | 0.04 | 0.04 | 0.01 | 0.08 |
| Depreciation | 2.03 | 2.04 | 2.21 | 2.11 | 2.09 | 1.95 | 2.17 | 2.31 | 2.62 | 2.77 | 2.82 | 3.19 | 2.83 |
| Profit before tax | 3.36 | 10.61 | 11.71 | 9.16 | 1.30 | 10.71 | 12.33 | 10.87 | 5.42 | 8.43 | 12.42 | 8.86 | -3.26 |
| Tax % | 40.77% | 26.48% | 29.04% | 27.07% | 46.92% | 26.33% | 27.74% | 27.78% | 46.86% | 31.55% | 29.39% | 37.13% | -57.06% |
| Net Profit + | 1.99 | 7.80 | 8.31 | 6.67 | 0.70 | 7.90 | 8.92 | 7.85 | 2.88 | 5.77 | 8.78 | 5.57 | -1.40 |
| EPS in Rs | 3.55 | 13.93 | 14.84 | 11.91 | 1.25 | 14.11 | 15.93 | 14.02 | 5.14 | 10.30 | 15.68 | 9.95 | -2.50 |
Financials of Foseco Crucible (India)
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 89 | 89 | 111 | 109 | 120 | 129 | 107 | 152 | 155 | 168 | 174 | 172 |
| Expenses + | 70 | 68 | 83 | 86 | 100 | 111 | 96 | 122 | 129 | 129 | 133 | 126 |
| Operating Profit | 18 | 20 | 29 | 23 | 20 | 17 | 10 | 30 | 25 | 39 | 41 | 46 |
| OPM % | 21% | 23% | 26% | 21% | 17% | 13% | 10% | 20% | 16% | 23% | 24% | 27% |
| Other Income + | 0 | 2 | 2 | 3 | 6 | 7 | 1 | 32 | 5 | 3 | 8 | -8 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 8 | 7 | 5 | 4 | 4 | 5 | 6 | 7 | 8 | 8 | 9 | 12 |
| Profit before tax | 11 | 16 | 26 | 21 | 22 | 18 | 6 | 54 | 22 | 33 | 39 | 26 |
| Tax % | 44% | 36% | 37% | 35% | 30% | 29% | 116% | 20% | 28% | 28% | 30% | 29% |
| Net Profit + | 6 | 10 | 17 | 14 | 15 | 13 | -1 | 43 | 16 | 23 | 28 | 19 |
| EPS in Rs | 10.75 | 17.64 | 29.64 | 24.79 | 27.45 | 23.43 | -1.66 | 77.48 | 28.79 | 41.95 | 49.18 | 33.43 |
| Dividend Payout % | 5% | 11% | 13% | 32% | 29% | 34% | 0% | 70% | 69% | 95% | 100% | 37% |
Financials of Foseco Crucible (India)
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 58 | 67 | 77 | 88 | 96 | 105 | 100 | 120 | 124 | 126 | 129 | 137 |
| Borrowings + | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Other Liabilities + | 14 | 18 | 38 | 23 | 28 | 32 | 37 | 32 | 34 | 45 | 37 | 28 |
| Total Liabilities | 75 | 88 | 118 | 114 | 127 | 139 | 139 | 155 | 161 | 174 | 170 | 169 |
| Fixed Assets + | 18 | 15 | 25 | 27 | 31 | 32 | 30 | 38 | 53 | 62 | 81 | 64 |
| CWIP | 1 | 3 | 2 | 0 | 4 | 19 | 22 | 15 | 1 | 0 | 4 | 3 |
| Investments | 5 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 51 | 65 | 91 | 87 | 93 | 88 | 87 | 102 | 106 | 112 | 86 | 102 |
| Total Assets | 75 | 88 | 118 | 114 | 127 | 139 | 139 | 155 | 161 | 174 | 170 | 169 |
Financials of Foseco Crucible (India)
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 3 | 18 | 25 | 17 | 21 | 11 | 19 | 26 | 32 | 43 | 25 | 36 |
| Cash from Investing Activity + | -2 | -15 | -8 | -10 | -29 | 1 | -7 | -2 | -10 | -17 | -29 | -9 |
| Cash from Financing Activity + | -0 | -0 | -1 | -3 | -7 | -4 | -4 | -24 | -12 | -22 | -24 | -11 |
| Net Cash Flow | 1 | 2 | 16 | 4 | -15 | 7 | 7 | 0 | 9 | 4 | -28 | 15 |
| Free Cash Flow | 2 | 13 | 18 | 13 | 10 | -13 | 13 | 25 | 21 | 26 | -5 | 26 |
| CFO/OP | 54% | 115% | 121% | 117% | 140% | 94% | 225% | 128% | 157% | 143% | 90% | 99% |
Financials of Foseco Crucible (India)
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 50 | 59 | 60 | 57 | 52 | 66 | 76 | 75 | 64 | 58 | 65 | 54 |
| Inventory Days | 142 | 149 | 158 | 179 | 159 | 158 | 143 | 136 | 124 | 116 | 100 | 135 |
| Days Payable | 116 | 119 | 129 | 176 | 161 | 145 | 178 | 154 | 146 | 185 | 164 | 99 |
| Cash Conversion Cycle | 75 | 89 | 89 | 60 | 49 | 78 | 41 | 57 | 42 | -11 | 2 | 90 |
| Working Capital Days | 69 | 67 | 5 | 60 | 44 | 62 | 33 | 71 | 48 | 16 | 39 | 54 |
| ROCE % | 19% | 24% | 36% | 25% | 23% | 18% | 8% | 39% | 18% | 28% | 30% | 33% |
Guidance history
How Foseco Crucible (India)'s guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q2 FY24 call → | 10–20% | Flat | Planned | — | — |
| Q2 FY23 call → | 0–10% | Flat | Planned | None planned | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
82 out of 100 — Strengthening
Over the past year its share price has done better than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | +18.2% | 74% |
| Last 6 months | +34.5% | 85% |
| Last 3 months | +39.1% | 95% |
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Foseco Crucible (India): 0.4 × 74 + 0.4 × 85 + 0.2 × 95 = 82.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Foseco Crucible (India)'s management said in earlier quarters
Others in Industrial Products this season
- Captain Polyplast Ltd (Q2 FY27)
32.9% increase . Key results statement takeaways from Captain Polyplast Ltd's Q2 FY27 results statement — and how it ranks against sector peers.
- Shyam Metalics & Energy Ltd (Q2 FY27)
Q2 FY27 Revenue:** ₹5,960.2 crore, up 33.4% YoY (Page 38) . Key investor presentation takeaways from Shyam Metalics & Energy Ltd's Q2 FY27 investor presentation
- Ratnaveer Precision Engineering Ltd (Q2 FY27)
Q2 FY27 Revenue: ₹3,872.37 million . Key investor presentation takeaways from Ratnaveer Precision Engineering Ltd's Q2 FY27 investor presentation — and how it r
- HEG Advanced Materials Ltd (Q2 FY27)
For the quarter ended September 30, 2026, HEG Limited reported total revenue from operations of ₹1,520.64 crores. Key results statement takeaways from HEG Advan