Electrosteel Castings Ltd
NSE:ELECTCAST

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Electrosteel Castings Ltd
NSE:ELECTCAST
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Price: 78.96 INR -1.09% Market Closed
Market Cap: ₹48.8B

P/OCF

11.9
Current
3%
More Expensive
vs 3-y average of 11.6

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
11.9
=
Market Cap
₹42.5B
/
Operating Cash Flow
₹4.1B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
11.9
=
Market Cap
₹42.5B
/
Operating Cash Flow
₹4.1B

Valuation Scenarios

Electrosteel Castings Ltd is trading above its 3-year average

If P/OCF returns to its 3-Year Average (11.6), the stock would be worth ₹76.97 (3% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-34%
Maximum Upside
+101%
Average Upside
39%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 11.9 ₹78.96
0%
3-Year Average 11.6 ₹76.97
-3%
5-Year Average 7.9 ₹52.03
-34%
Industry Average 24 ₹158.67
+101%
Country Average 23 ₹151.79
+92%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close

Market Distribution

Lower than 75% of companies in India
Percentile
25th
Based on 2 204 companies
25th percentile
11.9
Low
0.5 — 14
Typical Range
14 — 39.7
High
39.7 —
Distribution Statistics
India
Min 0.5
30th Percentile 14
Median 23
70th Percentile 39.7
Max 28 676

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
66.69 INR
Overvaluation 16%
Intrinsic Value
Price ₹78.96
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