details

Peer companies

;

Share Market News

The March 2019 quarter revenue stood at Rs. 6732.53 millions, up 20.19% as compared to Rs. 5601.47 millions during the corresponding quarter last year.The Net proft of the company remain more or less same to Rs. 178.12  millions from Rs. 226.56 millions ,decline by -21.38%.Operating profit surged to 1013.23 millions from the corresponding previous quarter of 779.41 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201903 201803 % Var 201903 201803 % Var 201903 201803 % Var Sales 6732.53 5601.47 20.19 23906.07 20260.76 17.99 23906.07 20260.76 17.99 Other Income 170.00 140.98 20.58 641.35 810.69 -20.89 641.35 810.69 -20.89 PBIDT 1013.23 779.41 30.00 4107.80 3051.26 34.63 4107.80 3051.26 34.63 Interest 476.75 521.65 -8.61 2254.02 2023.18 11.41 2254.02 2023.18 11.41 PBDT 536.49 257.75 108.14 -6045.22 1028.08 -688.01 -6045.22 1028.08 -688.01 Depreciation 131.65 139.63 -5.72 548.18 592.19 -7.43 548.18 592.19 -7.43 PBT 404.84 118.12 242.74 -6593.40 435.89 -1612.63 -6593.40 435.89 -1612.63 TAX 226.72 -108.44 -309.07 -234.82 -33.98 591.05 -234.82 -33.98 591.05 Deferred Tax 226.72 29.14 678.04 -234.82 -111.86 109.92 -234.82 -111.86 109.92 PAT 178.12 226.56 -21.38 -6358.58 469.86 -1453.29 -6358.58 469.86 -1453.29 Equity 405.48 356.96 13.59 405.48 356.96 13.59 405.48 356.96 13.59 PBIDTM(%) 15.05 13.91 8.16 17.18 15.06 14.10 17.18 15.06 14.10

The Sales for the quarter ended December 2018 of Rs. 6410.00 millions rose by 25.28% from Rs. 5116.64 millions.Net Profit recorded in the quarter ended December 2018 rise to 38.95% to Rs. 283.27  millions  compared to R. 203.87 millions in corresponding previous quarter.Operating Profit saw a handsome growth to 1143.87 millions from 896.69 millions in the quarter ended December 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 6410.00 5116.64 25.28 16937.40 14139.91 19.78 19436.64 18320.79 6.09 Other Income 141.67 221.09 -35.92 445.74 565.41 -21.17 799.17 970.40 -17.65 PBIDT 1143.87 896.69 27.57 3094.59 2227.12 38.95 3051.26 3732.31 -18.25 Interest 573.52 430.06 33.36 1777.27 1456.79 22.00 2023.18 2010.52 0.63 PBDT 570.35 466.62 22.23 -6581.69 770.32 -954.41 1028.08 1721.79 -40.29 Depreciation 133.53 151.74 -12.00 416.53 452.56 -7.96 592.19 636.89 -7.02 PBT 436.83 314.88 38.73 -6998.22 317.76 -2302.36 435.89 1084.90 -59.82 TAX 153.56 111.01 38.33 -461.54 74.46 -719.85 -33.98 312.07 -110.89 Deferred Tax 153.56 -78.02 -296.82 -461.54 -141.01 227.31 -111.86 -8.19 1265.81 PAT 283.27 203.87 38.95 -6536.69 243.30 -2786.68 469.86 772.83 -39.20 Equity 405.48 356.96 13.59 405.48 356.96 13.59 356.96 356.96 0.00 PBIDTM(%) 17.85 17.52 1.83 18.27 15.75 16.00 15.70 20.37 -22.94

The total revenue for the quarter ended June 2018 remained nearly unchanged at Rs. 4893.64 millions.The Net Loss for the quarter ended June 2018 is Rs. -5736.89 millions as compared to Net Profit of Rs. 2.21 millions of corresponding quarter ended June 2017The company reported a good operating profit of 875.77 millions compared to 654.25 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 4893.64 4788.66 2.19 4893.64 4788.66 2.19 19436.64 18320.79 6.09 Other Income 154.70 199.43 -22.43 154.70 199.43 -22.43 799.17 970.40 -17.65 PBIDT 875.77 654.25 33.86 875.77 654.25 33.86 3051.26 3732.31 -18.25 Interest 656.71 498.18 31.82 656.71 498.18 31.82 2023.18 2010.52 0.63 PBDT -5567.78 156.07 -3667.49 -5567.78 156.07 -3667.49 1028.08 1721.79 -40.29 Depreciation 142.03 149.15 -4.77 142.03 149.15 -4.77 592.19 636.89 -7.02 PBT -5709.81 6.92 -82611.71 -5709.81 6.92 -82611.71 435.89 1084.90 -59.82 TAX 27.08 4.71 474.95 27.08 4.71 474.95 -33.98 312.07 -110.89 Deferred Tax 27.08 -19.02 -242.38 27.08 -19.02 -242.38 -111.86 -8.19 1265.81 PAT -5736.89 2.21 -259687.78 -5736.89 2.21 -259687.78 469.86 772.83 -39.20 Equity 356.96 356.96 0.00 356.96 356.96 0.00 356.96 356.96 0.00 PBIDTM(%) 17.90 13.66 30.99 17.90 13.66 30.99 15.70 20.37 -22.94

A fair growth of 11.14% in the revenue at Rs. 5116.64 millions was reported in the December 2017 quarter as compared to Rs. 4603.71 millions during year-ago period.The Net Profit of the company registered a slight decline of -15.11% to Rs. 203.87  millions from Rs. 240.15 millions.The Operating Profit of the company witnessed a decrease to 896.69 millions from 900.02 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 5116.64 4603.71 11.14 14139.91 13403.67 5.49 18341.81 20161.53 -9.03 Other Income 221.09 108.96 102.91 565.41 354.41 59.54 949.38 412.04 130.41 PBIDT 896.69 900.02 -0.37 2227.12 2695.92 -17.39 3732.31 3059.51 21.99 Interest 430.06 380.92 12.90 1456.79 1266.94 14.98 2010.52 1690.78 18.91 PBDT 466.62 519.11 -10.11 770.32 1428.99 -46.09 1721.79 1368.73 25.79 Depreciation 151.74 157.20 -3.47 452.56 471.30 -3.98 636.89 648.85 -1.84 PBT 314.88 361.91 -12.99 317.76 957.69 -66.82 1084.90 719.88 50.71 TAX 111.01 121.75 -8.82 74.46 295.47 -74.80 312.07 161.18 93.62 Deferred Tax -78.02 -39.87 95.69 -141.01 -85.25 65.41 -8.20 -83.73 -90.21 PAT 203.87 240.15 -15.11 243.30 662.21 -63.26 772.83 558.70 38.33 Equity 356.96 356.96 0.00 356.96 356.96 0.00 356.96 356.96 0.00 PBIDTM(%) 17.52 19.55 -10.36 15.75 20.11 -21.69 20.35 15.17 34.09

The revenue for the June 2017 quarter is pegged at Rs. 4788.66 millions, about 11.28% up against Rs. 4303.12 millions recorded during the year-ago period.A radical decline of -97.81% was reported in the net profit of the company for the quarter ended June 2017 to Rs. 2.21  millions from Rs. 100.69 millions.The Operating Profit of the company witnessed a decrease to 654.25 millions from 774.98 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201706 201606 % Var 201706 201606 % Var 201703 201603 % Var Sales 4788.66 4303.12 11.28 4788.66 4303.12 11.28 18341.81 20161.53 -9.03 Other Income 199.43 70.99 180.93 199.43 70.99 180.93 949.38 412.04 130.41 PBIDT 654.25 774.98 -15.58 654.25 774.98 -15.58 3732.31 3059.51 21.99 Interest 498.18 461.71 7.90 498.18 461.71 7.90 2010.52 1690.78 18.91 PBDT 156.07 313.27 -50.18 156.07 313.27 -50.18 1721.79 1368.73 25.79 Depreciation 149.15 156.84 -4.90 149.15 156.84 -4.90 636.89 648.85 -1.84 PBT 6.92 156.43 -95.58 6.92 156.43 -95.58 1084.90 719.88 50.71 TAX 4.71 55.74 -91.55 4.71 55.74 -91.55 312.07 161.18 93.62 Deferred Tax -19.02 -16.24 17.12 -19.02 -16.24 17.12 -8.20 -83.73 -90.21 PAT 2.21 100.69 -97.81 2.21 100.69 -97.81 772.83 558.70 38.33 Equity 356.96 356.96 0.00 356.96 356.96 0.00 356.96 356.96 0.00 PBIDTM(%) 13.66 18.01 -24.14 13.66 18.01 -24.14 20.35 15.17 34.09

Electrosteel Castings has informed that the Banking and Authorisation Committee of the Board of Directors of the Company at its meeting held on February 27, 2017, has approved the issuance of debt securities in the nature of Unlisted Secured Redeemable Non-Convertible Debentures in two series ie. Series VI and Series VII.The above information is a part of company’s filings submitted to BSE.

Electrosteel Castings has informed about Outcome of Board Meeting held on January 28, 2017.The above information is a part of company’s filings submitted to BSE.

Electrosteel Castings has informed about Standalone Financial Results, Limited Review Report for the period ended December 31, 2016.The above information is a part of company’s filings submitted to BSE.

Electrosteel Castings has informed that the Board of Directors of the Company has vide resolution passed through circulation on December 21, 2016 has appointed Amrendra Prasad Verma as an Additional Director (Independent) with effect from December 22, 2016. Verma is not related to any director of the Company.The above information is a part of company’s filings submitted to BSE.

Electrosteel Castings has informed about Standalone Financial Results and Limited Review for the period ended June 30, 2016.The above information is a part of company’s filings submitted to BSE.

Electrosteel Castings has informed about Submission of Public Notice for completion of despatch of 61st AGM Notice and Annual Report 2015-16 to the Members of the Company.The above information is a part of company’s filings submitted to BSE.

With reference to the earlier letter dated April 01, 2016 and May 19, 2016 with respect to the Adjudication Order dated March 31, 2016 passed by Securities and Exchange Board of India (SEBI) and filing of appeal before Securities Appellate Tribunal against the said order respectively. Electrosteel Castings has now informed that pursuant to SEBI (Settlement of Administrative and Civil Proceedings) Regulations, 2014, the Company has on August 10, 2016 filed a consent application with SEBI in connection with the aforesaid SEBI Order. The consent application filed is neither admission nor denial of the findings of facts and conclusions of law as detailed/alleged in the aforesaid SEBI Order.The above information is a part of company’s filings submitted to BSE.