Electrosteel Castings Ltd
NSE:ELECTCAST

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Electrosteel Castings Ltd Logo
Electrosteel Castings Ltd
NSE:ELECTCAST
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Price: 69.95 INR -0.78% Market Closed
Market Cap: ₹43.2B

Gross Margin

48%
Current
Improving
by 2.3%
vs 3-y average of 45.8%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
48%
=
Gross Profit
₹29.4B
/
Revenue
₹61.3B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
48%
=
Gross Profit
₹29.4B
/
Revenue
₹61.3B

Peer Comparison

Country Company Market Cap Gross
Margin
IN
Electrosteel Castings Ltd
NSE:ELECTCAST
43.4B INR
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US
Fortune Brands Home & Security Inc
LSE:0IRN
758.7B USD
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IE
Trane Technologies PLC
NYSE:TT
101.8B USD
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IE
Johnson Controls International PLC
NYSE:JCI
87.2B USD
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US
Carrier Global Corp
NYSE:CARR
53.2B USD
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FR
Compagnie de Saint Gobain SA
PAR:SGO
43.9B EUR
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SE
Assa Abloy AB
STO:ASSA B
425.1B SEK
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JP
Daikin Industries Ltd
TSE:6367
5.8T JPY
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CH
Geberit AG
SIX:GEBN
21.3B CHF
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US
Lennox International Inc
NYSE:LII
19.4B USD
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IE
Kingspan Group PLC
ISEQ:KRX
15.6B EUR
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Market Distribution

In line with most companies in India
Percentile
63rd
Based on 4 996 companies
63rd percentile
48%
Low
-3 052.3% — 26.9%
Typical Range
26.9% — 53.3%
High
53.3% — 8 269.1%
Distribution Statistics
India
Min -3 052.3%
30th Percentile 26.9%
Median 39%
70th Percentile 53.3%
Max 8 269.1%

Electrosteel Castings Ltd
Glance View

Electrosteel Castings Ltd., a stalwart in the iron and steel industry, weaves a story that traces back to its origins in 1955, when it embarked on a journey to become a leader in ductile iron pipes and fittings. Operating from its expansive manufacturing facilities in India, the company melds innovation with age-old metallurgical expertise to produce a wide array of ductile iron (DI) pipes, which serve as the lifeblood of modern water transportation infrastructure. These pipes are not mere products, but rather essential components that ensure the efficient and sustainable delivery of water – a resource fundamental to the survival and prosperity of communities across the globe. Electrosteel’s focus on high-quality manufacturing, rigorous safety standards, and environmental stewardship allows it to cater to a diverse clientele, spanning municipalities and industrial players, while also aligning with global demands for more robust water supply networks. The heart of Electrosteel’s revenue engine lies in its seamless integration from manufacturing to distribution. The company capitalizes on economies of scale through its extensive production capabilities, ensuring competitive pricing and high-quality outputs. Its vertically integrated model encompasses the entire production lifecycle – from the meticulous melting of iron ore to the sophisticated casting of products, and finally, to efficient logistics and sales. This operational efficiency not only reduces production costs but also enhances profit margins in a market-sensitive industry. Moreover, Electrosteel continues to expand its footprint beyond Indian borders, penetrating international markets such as Europe, the Middle East, and Southeast Asia. By leveraging strategic partnerships and relentless innovation, it has maintained its competitive edge, ensuring a steady stream of revenue that fuels both its growth ambitions and its commitment to delivering world-class infrastructure solutions.

ELECTCAST Intrinsic Value
HIDDEN
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
48%
=
Gross Profit
₹29.4B
/
Revenue
₹61.3B
What is Electrosteel Castings Ltd's current Gross Margin?

The current Gross Margin for Electrosteel Castings Ltd is 48%, which is above its 3-year median of 45.8%.

How has Gross Margin changed over time?

Over the last 3 years, Electrosteel Castings Ltd’s Gross Margin has increased from 47% to 48%. During this period, it reached a low of 33.7% on Mar 31, 2023 and a high of 51.2% on Jun 30, 2025.

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