Arthneeti

Welcast Steels Share Price & Earnings Call Analysis

₹567.50-5.73% today
Market cap
₹36 Cr
ROE
-6.90%
Price to sales
1.32
Debt to equity
0.00
52W high / low
₹960 / ₹565
Sales growth (5Y)
-12.95%
EBITDA margin
-12.15%
Net profit margin
-5.23%
Promoter holding
74.85%
Sales (last year)
₹27 Cr

Incorporated in 1972, Welcast Steels Ltd is in the business of manufacturing High Chrome Grinding Media Balls.[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Industrial Products
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Welcast Steels rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Industrial Products companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹532 Cr21.2
240%+Up 2%+₹450 Cr13.2
340%+Up 2%+₹371 Cr26.1
440%+Up 0–2%₹1,340 Cr32.9
540%+Up 0–2%₹1,196 Cr14.1
640%+Flat₹966 Cr25.0

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Pro shows every company guiding 40%+ revenue growth →Full Industrial Products ranking

Financials of Welcast Steels

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Welcast Steels

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +21.3819.3625.9120.1625.6224.3916.2323.0820.8122.7820.652.622.92
Expenses +22.7718.6825.1418.7724.2325.5116.4122.9920.7723.4321.235.681.53
Operating Profit-1.390.680.771.391.39-1.12-0.180.090.04-0.65-0.58-3.061.39
OPM %-6.50%3.51%2.97%6.89%5.43%-4.59%-1.11%0.39%0.19%-2.85%-2.81%-116.79%47.60%
Other Income +0.270.282.300.440.600.510.290.400.480.42-2.630.100.82
Interest1.470.000.100.000.000.000.000.010.060.000.000.060.00
Depreciation0.220.170.180.190.200.170.190.200.240.160.180.140.14
Profit before tax-2.810.792.791.641.79-0.78-0.080.280.22-0.39-3.39-3.162.07
Tax %-25.62%25.32%25.09%25.00%25.70%-25.64%-25.00%60.71%13.64%-25.64%-4.72%0.00%33.33%
Net Profit +-2.090.592.091.231.35-0.58-0.060.110.19-0.29-3.23-3.161.38
EPS in Rs-32.759.2432.7519.2721.15-9.09-0.941.722.98-4.54-50.61-49.5121.62

Financials of Welcast Steels

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +203.36119.62201.32233.85269.62150.0297.9585.9793.9291.0784.5048.98
Expenses +201.64119.12198.57230.75266.01149.1298.0085.9289.3386.5785.6351.87
Operating Profit1.720.502.753.103.610.90-0.050.054.594.50-1.13-2.89
OPM %0.85%0.42%1.37%1.33%1.34%0.60%-0.05%0.06%4.89%4.94%-1.34%-5.90%
Other Income +0.960.430.610.520.500.810.460.720.423.551.69-1.29
Interest0.620.300.130.460.490.430.380.231.710.300.120.07
Depreciation1.770.950.820.900.841.341.431.080.900.750.790.62
Profit before tax0.29-0.322.412.262.78-0.06-1.40-0.542.407.00-0.35-4.87
Tax %106.90%-3.12%26.56%29.65%33.81%366.67%30.00%-9.26%-10.42%25.14%-2.86%8.83%
Net Profit +-0.03-0.311.771.591.84-0.26-1.82-0.492.645.25-0.34-5.30
EPS in Rs-0.47-4.8627.7324.9128.83-4.07-28.52-7.6841.3782.26-5.33-83.05
Dividend Payout %-426.67%-41.29%7.23%8.05%8.70%0.00%0.00%0.00%6.06%3.05%0.00%0.00%

Financials of Welcast Steels

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.640.640.640.640.640.640.640.640.640.640.640.64
Reserves30.1129.5631.2532.6534.3833.7832.1231.8834.6739.6739.0933.78
Borrowings +9.050.000.005.001.204.003.472.840.000.000.000.00
Other Liabilities +9.696.9815.7716.9218.8211.965.287.5410.899.517.941.18
Total Liabilities49.4937.1847.6655.2155.0450.3841.5142.9046.2049.8247.6735.60
Fixed Assets +5.244.514.594.296.667.906.547.344.594.183.883.27
CWIP0.000.000.161.610.060.000.000.000.090.000.000.00
Investments0.000.000.000.000.000.000.000.0017.0518.6516.8123.81
Other Assets +44.2532.6742.9149.3148.3242.4834.9735.5624.4726.9926.988.52
Total Assets49.4937.1847.6655.2155.0450.3841.5142.9046.2049.8247.6735.60

Financials of Welcast Steels

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +-4.7910.080.59-2.305.65-0.202.202.7817.253.81-3.74
Cash from Investing Activity +-1.03-0.13-1.04-2.05-1.19-1.860.29-1.31-14.65-1.112.83
Cash from Financing Activity +5.69-9.49-0.034.41-4.312.26-0.81-0.81-4.47-0.16-0.21
Net Cash Flow-0.120.47-0.480.070.150.201.680.67-1.862.54-1.13
Free Cash Flow-5.819.95-0.47-4.354.02-2.302.130.9018.813.49-4.19
CFO/OP-215%1,880%43%-54%173%-7%-4,160%4,980%380%103%266%

Financials of Welcast Steels

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days14.2518.8612.3320.4817.0422.8052.1346.6620.8728.7035.640.00
Inventory Days55.0162.3248.3548.2444.9583.0463.63106.7885.3483.1673.1051.11
Days Payable17.2616.9734.5430.8522.0825.1912.9833.9846.7049.9135.922.76
Cash Conversion Cycle52.0064.2126.1437.8639.9180.65102.78119.4659.5161.9572.8148.35
Working Capital Days34.7757.9438.2932.8429.5048.4263.8088.2238.4044.8556.46224.98
ROCE %1.94%-0.09%8.18%7.75%8.70%-0.13%-2.73%-0.87%12.14%17.32%-1.97%-4.10%

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