What the business is, and whether it's a good one at a fair price.
Manufactured Hi-chrome Grinding Media — grinding balls used in cement, mining and thermal power plants — at a single plant in Peenya Industrial Area, Bengaluru, set up in 1972. The Board approved permanent closure of this factory effective 15 December 2025, citing outdated technology, high production costs, space constraints and falling capacity utilisation, and stated that modernisation was not financially feasible. FY26 financials cover part-year operations followed by inventory disposal and were prepared on a non-going concern basis; the Board is yet to decide on the company's future direction. AIA Engineering Limited holds 74.85% as the parent company and the company has no subsidiaries. Revenue came from a single stream — Hi-chrome Grinding Media sales. Revenue from operations was ₹4,581.69 lakhs in FY26 against ₹8,432.58 lakhs in FY25, with the drop reflecting the run-down ahead of closure. The company posted a net loss of ₹530.22 lakhs in FY26 versus ₹33.74 lakhs in FY25, including an exceptional item of ₹328.19 lakhs for plant closure compensation under the Industrial Disputes/Relations Code. Materials were the largest cost at 52.7% of revenue, followed by other operating expenses at 32.0% and employee costs at 14.4%. With the plant shut, the company is now disposing of remaining inventory.
Measured from the filed financials, judged against its Other Industrial Products peers · as of FY26 — not investment advice
How has the market priced it — with filings on the timeline?
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How does it stack up on valuation, returns and growth?
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Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Who owns it — and is the promoter stake clean?
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Answered from WELCAST STEELS LTD.'s filed financials and exchange disclosures
WELCAST STEELS LTD. is a Industrial Products company listed on BSE.
No. Over the trailing twelve months WELCAST STEELS LTD. reported a net loss of ₹5 Cr on revenue of ₹49 Cr.
Yes. The dividend yield is 0.01% at the current price.
Effectively yes. It holds ₹1 Cr more cash than debt. Debt stands at 0.00× equity.
On trailing P/E, WELCAST STEELS LTD. ranks 4 of 29 in Other Industrial Products — cheaper than 89% of them, against an industry median of 17.3×. This is a position, not a valuation judgement.
On a typical session WELCAST STEELS LTD. moves 1.15% — that is the median absolute close-to-close move across its last 252 trading days. Announcement days are routinely larger.
Every NSE and BSE filing by WELCAST STEELS LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.