Welcast Steels
Industrial Products
504988 BSE
₹567.30
Close ·
- P/E
- Not meaningful: loss-making over the last twelve months
Close 2 Nov 2026 ₹567.30 −390.20 −40.8% 1Y
Start ₹957.50
Key Fundamentals
MicrocapIndustrial ProductsCapital GoodsPrice-based figures at the close · EPS basis: Standalone · TTM
- ROCE
- −4.26%
- Debt to Equity
- 0.00
- EPS (TTM)
- −₹89.78
- Book Value
- ₹518.62
- Market Cap
- —
- P/E (TTM)
- Not meaningful: loss-making over the last twelve months
- P/B
- 1.09
- ROE
- −6.90%
- Dividend Yield
- 0.44%
- EBITDA
- −₹90.00 L
- 52W High
- ₹1,000.00
- 52W Low
- ₹560.00
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
47 Average
Data confidence 91/100
Category scores
- Quality
- 42
- Weak
- Returns, margins, earnings quality 22% weight
- Valuation
- 71
- Strong
- Cheap vs sector & own history 24% weight
- Growth
- 1
- Poor
- Sales & profit trajectory 9% weight
- Financial Health
- 59
- Good
- Solvency, leverage, coverage 9% weight
- Momentum
- 26
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 50
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
2- Company is almost debt free.
- Stock is trading at 1.08 times its book value
Weaknesses
3- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -13.0% over past five years.
- Company has a low return on equity of 0.84% over last 3 years.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 12 | 5 | 2 |
| Oscillators | Neutral | 2 | 5 | 2 |
| Moving Averages | Strong Bearish | 10 | 0 | 0 |
Oscillators
Neutral
Bearish
2
Neutral
5
Bullish
2
Overall
Strong Bearish
Bearish
12
Neutral
5
Bullish
2
Moving Averages
Strong Bearish
Bearish
10
Neutral
0
Bullish
0
Key readings
- RSI (14)
- 38.02
- Neutral
- MACD (12,26,9)
- −14.40
- Bearish
- SMA (50)
- 621.11
- Bearish
- SMA (200)
- 701.62
- Bearish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | −8.54% |
|---|---|
| 5Y | −12.95% |
| 3Y | −19.51% |
| 1Y | −42.05% |
| TTM | −66.94% |
Net profit
| 10Y | Loss widened by ₹4.99 Cr |
|---|---|
| 5Y | Loss widened by ₹3.48 Cr |
| 3Y | Turned to loss |
| 1Y | Loss widened by ₹4.96 Cr |
| TTM | Loss widened by ₹5.68 Cr |
Operating cash flow
| 10Y | −11.90% |
|---|---|
| 5Y | +5.24% |
| 3Y | −45.19% |
| 1Y | Turned positive |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −6.26 pp |
|---|---|
| 5Y | −5.79 pp |
| 3Y | −10.73 pp |
| 1Y | −4.50 pp |
| TTM | −11.31 pp |
Revenue by year
| Mar 2017 | ₹201 Cr |
|---|---|
| Mar 2018 | ₹234 Cr |
| Mar 2019 | ₹270 Cr |
| Mar 2020 | ₹150 Cr |
| Mar 2021 | ₹97.95 Cr |
| Mar 2022 | ₹85.97 Cr |
| Mar 2023 | ₹93.92 Cr |
| Mar 2024 | ₹91.07 Cr |
| Mar 2025 | ₹84.50 Cr |
| Mar 2026 | ₹48.97 Cr |
Net profit by year
| Mar 2017 | ₹1.77 Cr |
|---|---|
| Mar 2018 | ₹1.59 Cr |
| Mar 2019 | ₹1.84 Cr |
| Mar 2020 | −₹0.26 Cr |
| Mar 2021 | −₹1.82 Cr |
| Mar 2022 | −₹0.49 Cr |
| Mar 2023 | ₹2.64 Cr |
| Mar 2024 | ₹5.25 Cr |
| Mar 2025 | −₹0.34 Cr |
| Mar 2026 | −₹5.30 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 19.36 | 25.91 | 20.16 | 25.62 | 24.39 | 16.23 | 23.08 | 20.81 | 22.78 | 20.65 | 2.62 | 2.92 | 1.22 |
| Expenses | 18.68 | 25.14 | 18.77 | 24.23 | 25.51 | 16.41 | 22.99 | 20.77 | 23.43 | 21.23 | 5.68 | 1.53 | 2.3 |
| Operating Profit | 0.68 | 0.77 | 1.39 | 1.39 | −1.12 | −0.18 | 0.09 | 0.04 | −0.65 | −0.58 | −3.06 | 1.39 | −1.08 |
| OPM % | 3.51% | 2.97% | 6.89% | 5.43% | −4.59% | −1.11% | 0.39% | 0.19% | −2.85% | −2.81% | −116.79% | 47.6% | −88.52% |
| Other Income | 0.28 | 2.3 | 0.44 | 0.6 | 0.51 | 0.29 | 0.4 | 0.48 | 0.42 | −2.63 | 0.1 | 0.82 | 0.46 |
| Interest | 0 | 0.1 | 0 | 0 | 0 | 0 | 0.01 | 0.06 | 0 | 0 | 0.06 | 0 | 0 |
| Depreciation | 0.17 | 0.18 | 0.19 | 0.2 | 0.17 | 0.19 | 0.2 | 0.24 | 0.16 | 0.18 | 0.14 | 0.14 | 0.1 |
| PBT | 0.79 | 2.79 | 1.64 | 1.79 | −0.78 | −0.08 | 0.28 | 0.22 | −0.39 | −3.39 | −3.16 | 2.07 | −0.72 |
| Tax % | 25.32% | 25.09% | 25% | 25.7% | −25.64% | −25% | 60.71% | 13.64% | −25.64% | −4.72% | 0% | 33.33% | 0% |
| Net Profit | 0.59 | 2.09 | 1.23 | 1.35 | −0.58 | −0.06 | 0.11 | 0.19 | −0.29 | −3.23 | −3.16 | 1.38 | −0.72 |
| EPS (₹) | 9.24 | 32.75 | 19.27 | 21.15 | −9.09 | −0.94 | 1.72 | 2.98 | −4.54 | −50.61 | −49.51 | 21.62 | −11.28 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 203 | 120 | 201 | 234 | 270 | 150 | 97.95 | 85.97 | 93.92 | 91.07 | 84.5 | 48.97 | 27.41 |
| Expenses | 202 | 119 | 199 | 231 | 266 | 149 | 98 | 85.92 | 89.33 | 86.57 | 85.63 | 51.83 | 30.74 |
| Operating Profit | 1.72 | 0.5 | 2.75 | 3.1 | 3.61 | 0.9 | −0.05 | 0.05 | 4.59 | 4.5 | −1.13 | −2.86 | −3.33 |
| OPM % | 0.85% | 0.42% | 1.37% | 1.33% | 1.34% | 0.6% | −0.05% | 0.06% | 4.89% | 4.94% | −1.34% | −5.84% | −12.15% |
| Other Income | 0.96 | 0.43 | 0.61 | 0.52 | 0.5 | 0.81 | 0.46 | 0.72 | 0.42 | 3.55 | 1.69 | −1.29 | −1.25 |
| Interest | 0.62 | 0.3 | 0.13 | 0.46 | 0.49 | 0.43 | 0.38 | 0.23 | 1.71 | 0.3 | 0.12 | 0.1 | 0.06 |
| Depreciation | 1.77 | 0.95 | 0.82 | 0.9 | 0.84 | 1.34 | 1.43 | 1.08 | 0.9 | 0.75 | 0.79 | 0.62 | 0.56 |
| PBT | 0.29 | −0.32 | 2.41 | 2.26 | 2.78 | −0.06 | −1.4 | −0.54 | 2.4 | 7 | −0.35 | −4.87 | −5.2 |
| Tax % | 106.9% | −3.12% | 26.56% | 29.65% | 33.81% | 366.67% | 30% | −9.26% | −10.42% | 25.14% | −2.86% | 8.83% | — |
| Net Profit | −0.03 | −0.31 | 1.77 | 1.59 | 1.84 | −0.26 | −1.82 | −0.49 | 2.64 | 5.25 | −0.34 | −5.3 | −5.73 |
| EPS (₹) | −0.47 | −4.86 | 27.73 | 24.91 | 28.83 | −4.07 | −28.52 | −7.68 | 41.37 | 82.26 | −5.33 | −83.05 | −89.78 |
| Div. Payout % | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | 7.23% | 8.05% | 8.7% | 0% | 0% | 0% | 6.06% | 3.05% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | 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 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 |
| Reserves | 30.11 | 29.56 | 31.25 | 32.65 | 34.38 | 33.78 | 32.12 | 31.88 | 34.67 | 39.67 | 39.09 | 33.78 |
| Borrowings | 9.05 | 0 | 0 | 5 | 1.2 | 4 | 3.47 | 2.84 | 0 | 0 | 0 | 0 |
| Other Liabilities | 9.69 | 6.98 | 15.77 | 16.92 | 18.82 | 11.96 | 5.28 | 7.54 | 10.89 | 9.51 | 7.94 | 1.18 |
| Total Liabilities | 49.49 | 37.18 | 47.66 | 55.21 | 55.04 | 50.38 | 41.51 | 42.9 | 46.2 | 49.82 | 47.67 | 35.6 |
| Fixed Assets | 5.24 | 4.51 | 4.59 | 4.29 | 6.66 | 7.9 | 6.54 | 7.34 | 4.59 | 4.18 | 3.88 | 3.27 |
| CWIP | 0 | 0 | 0.16 | 1.61 | 0.06 | 0 | 0 | 0 | 0.09 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.05 | 18.65 | 16.81 | 23.81 |
| Other Assets | 44.25 | 32.67 | 42.91 | 49.31 | 48.32 | 42.48 | 34.97 | 35.56 | 24.47 | 26.99 | 26.98 | 8.52 |
| Total Assets | 49.49 | 37.18 | 47.66 | 55.21 | 55.04 | 50.38 | 41.51 | 42.9 | 46.2 | 49.82 | 47.67 | 35.6 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | −4.79 | 10.08 | 0.59 | −2.3 | 5.65 | −0.2 | 2.2 | 2.78 | 17.25 | 3.81 | −3.74 | 2.84 |
| Investing | −1.03 | −0.13 | −1.04 | −2.05 | −1.19 | −1.86 | 0.29 | −1.31 | −14.65 | −1.11 | 2.83 | −4.52 |
| Financing | 5.69 | −9.49 | −0.03 | 4.41 | −4.31 | 2.26 | −0.81 | −0.81 | −4.47 | −0.16 | −0.21 | 0 |
| Net Cash Flow | −0.12 | 0.47 | −0.48 | 0.07 | 0.15 | 0.2 | 1.68 | 0.67 | −1.86 | 2.54 | −1.13 | −1.68 |
| Free Cash Flow | −5.81 | 9.95 | −0.47 | −4.35 | 4.02 | −2.3 | 2.13 | 0.9 | 18.81 | 3.49 | −4.19 | 2.86 |
| CFO/EBITDA | −215 | 1,880 | 43 | −54 | 173 | −7 | −4,160 | 4,980 | 380 | 103 | 266 | −103 |
Ratios
| Particulars | 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 | 14.25 | 18.86 | 12.33 | 20.48 | 17.04 | 22.8 | 52.13 | 46.66 | 20.87 | 28.7 | 35.64 | 0 |
| Inventory Days | 55.01 | 62.32 | 48.35 | 48.24 | 44.95 | 83.04 | 63.63 | 107 | 85.34 | 83.16 | 73.1 | 51.11 |
| Days Payable | 17.26 | 16.97 | 34.54 | 30.85 | 22.08 | 25.19 | 12.98 | 33.98 | 46.7 | 49.91 | 35.92 | 2.76 |
| Cash Conversion Cycle | 52 | 64.21 | 26.14 | 37.86 | 39.91 | 80.65 | 103 | 119 | 59.51 | 61.95 | 72.81 | 48.35 |
| Working Capital Days | 34.77 | 57.94 | 38.29 | 32.84 | 29.5 | 48.42 | 63.8 | 88.22 | 38.4 | 44.85 | 56.46 | 47.55 |
| ROCE % | 1.94% | −0.09% | 8.18% | 7.75% | 8.7% | −0.13% | −2.73% | −0.87% | 12.14% | 17.32% | −1.97% | −4.26% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Welcast Steels insights
67 extracted metrics across FY08–FY27.
Documents
- 10 Nov 2020
- 9 Sep 2020
- 9 Sep 2020
- 6 Aug 2020
- General announcements 12 Oct 2026
Frequently Asked Questions about Welcast Steels
What does Welcast Steels Ltd do?
Incorporated in 1972, Welcast Steels Ltd is in the business of manufacturing High Chrome Grinding Media Balls.
Where is Welcast Steels Ltd (ZWELCAST) listed?
Welcast Steels Ltd trades under code 504988 on the BSE.
Which sector does Welcast Steels Ltd belong to?
Welcast Steels Ltd is classified under the Industrial Products sector, in the Other Industrial Products industry.
What is the 52-week high and low of Welcast Steels Ltd?
Over the last 52 weeks Welcast Steels Ltd has traded between ₹560 and ₹1,000 as of 2 Nov 2026.
Does Welcast Steels Ltd pay dividends?
Welcast Steels Ltd has a dividend yield of 0.44%.
What is the Return on Equity (ROE) of Welcast Steels Ltd?
Welcast Steels Ltd reported a return on equity of -6.90%. Its debt-to-equity ratio is 0.00.
Company Information
Incorporated in 1972, Welcast Steels Ltd is in the business of manufacturing High Chrome Grinding Media Balls.
Website welcaststeels.com
Face Value ₹10
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/504988.md for Welcast Steels Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.
Append .md to any Tapetide URL for
the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For
live, structured queries instead of documents, use our Indian stock market MCP server.