Electrosteel Castings Limited has informed the Exchange about Investor Presentation
ELECTCAST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Electrosteel Castings shared its Q4 & FY25 results via an investor presentation. FY25 consolidated revenue declined 1.8% YoY to INR 7,443 Cr, while EBITDA fell 9.5% to INR 1,159 Cr with margins compressing to 15.6% from 16.9%. Q4 was notably weak, with EBITDA dropping 42.6% YoY to INR 198 Cr and margins falling 555 bps to 11.4%. FY25 PAT of INR 710 Cr (down 4.1%) includes a one-time INR 81 Cr deferred tax reversal. On the positive side, Net Debt-Equity improved sharply to 0.31 from 0.46, long-term debt reduced to INR 759 Cr from INR 850 Cr, and the company declared a 140% dividend (INR 1.40 per share). Credit ratings were upgraded to CRISIL AA/Stable, and the company targets expanding DI pipe capacity to 10 lakh MT by FY26 (from 9 lakh MT currently) with strong order book visibility of about 7.3 months.
Short-term sentiment may be cautious due to the sharp Q4 EBITDA decline and margin pressure, but improving balance sheet, debt reduction, credit rating upgrade, and clear capacity expansion plans provide a constructive medium-term outlook for shareholders.