Welcast Steels Ltd.

BSE: ZWELCAST504988ISIN INE380G01015

Industrials
Other Industrial Products

Share price

₹567.30-0.20 (-0.04%)

as of 2 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹1,030.00
52W low: ₹560.00
Off 52W high: -44.92%
1M return: -5.53%
3M return: -16.30%
6M return: -22.29%
1Y return: -39.00%
20D avg volume: 977
50 DMA: ₹621.11
200 DMA: ₹702.35

Key ratios Standalone

Market cap: ₹36.20 Cr
Current price: ₹567.30
52W high / low: ₹1,030.00 / ₹560.00
Face value: ₹10.00
P/E: -12.05
P/B: 0.92
EPS (TTM): ₹-47.09
Book value / share: ₹616.63
ROE: -7.61%
ROCE: -14.00%
Operating margin: -88.15%
Net margin: -109.91%
Debt / equity: 0.00
Net debt: ₹-0.77 Cr
Interest cover: -68.71
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 28.8 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	0.46	1.22	2.92	2.62	20.65	22.79	20.81	23.08	16.23	24.39	—
	0.45	0.47	0.82	0.39	0.36	0.42	0.48	0.40	0.29	0.51	—
	0.91	1.68	3.74	3.01	21.01	23.20	21.29	23.48	16.52	24.90	—
	1.42	2.40	1.67	5.88	21.41	23.60	21.07	23.20	16.60	25.67	—
	0.10	1.08	0.00	0.00	12.22	13.58	11.46	11.83	12.86	14.94	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.54	0.49	0.07	2.45	2.39	2.17	1.98	2.15	2.00	2.90	—
	0.00	0.00	0.00	0.06	0.00	0.00	0.06	0.01	0.00	0.00	—
	0.10	0.10	0.14	0.14	0.18	0.16	0.24	0.20	0.19	0.17	—
	0.68	0.73	0.53	1.26	6.38	7.48	5.92	5.73	5.58	7.09	—
	-0.51	-0.72	2.07	-2.87	-0.40	-0.39	0.22	0.28	-0.08	-0.78	—
	0.00	0.00	0.00	-0.29	-2.99	0.00	0.00	—	—	—	—
	-0.51	-0.72	2.07	-3.16	-3.40	-0.39	0.22	0.28	-0.08	-0.78	—
	0.00	0.00	0.69	0.00	-0.16	-0.10	0.03	0.17	0.02	0.20	—
	-0.51	-0.72	1.38	-3.16	-3.23	-0.29	0.19	0.11	-0.06	-0.58	—
	-8.00	11.27	21.64	-49.47	-50.64	-4.61	2.96	1.77	-0.91	-9.10	—
Key metrics
	-0.41	-0.62	2.21	-2.96	-3.22	-0.23	0.52	0.49	0.11	-0.61	—
	-89.10%	-50.80%	75.70%	-113.00%	-15.60%	-1.00%	2.50%	2.10%	0.70%	-2.50%	—
	-110.90%	-59.00%	47.30%	-120.60%	-15.60%	-1.30%	0.90%	0.50%	-0.40%	-2.40%	—
	-1.50%	—	6.00%	—	-9.40%	—	0.70%	—	—	—	—
	-97.80%	-94.60%	-86.00%	-88.60%	27.20%	-6.60%	—	—	—	—	—
	84.20%	-148.30%	626.30%	-2,972.70%	-5,283.30%	50.00%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	7.22	48.97	84.50	—
	2.13	1.99	1.69	—
	9.34	50.96	86.19	—
	11.37	52.55	86.54	—
	1.18	25.80	51.09	—
	0.00	0.00	0.00	—
	3.55	7.07	9.03	—
	0.06	0.07	0.07	—
	0.48	0.62	0.79	—
	3.20	15.65	24.32	—
	-2.03	-1.59	-0.35	—
	-0.29	-3.28	0.00	—
	-2.32	-4.88	-0.35	—
	0.69	0.43	0.02	—
	-3.01	-5.30	-0.34	—
	-24.56	-83.09	-5.29	—
Key metrics
	-1.78	-4.19	0.51	—
	-24.65%	-8.60%	0.60%	—
	-41.69%	-10.80%	-0.40%	—
	—	-14.00%	-0.70%	—
	-91.73%	-42.00%	—	—
	—	-1,458.80%	—	—
	—	2.82	-4.25	—
	—	-0.54	11.00	—
	—	0.00	0.00	—
	—	-0.77	-2.45	—
	—	28.8	58.7	—
Balance sheet
	—	35.60	47.68	—
	—	32.15	40.30	—
	—	0.77	2.45	—
	—	0.00	8.25	—
	—	4.08	10.48	—
	—	0.12	1.06	—
	—	3.27	3.88	—
	—	0.22	5.15	—
	—	1.18	7.45	—
	—	0.00	0.00	—
	—	0.00	0.00	—
	—	0.00	0.00	—
	—	34.42	39.72	—
Cash flow
	—	2.84	-3.74	—
	—	-4.51	2.83	—
	—	0.00	-0.21	—
	—	0.02	0.51	—

Compounded growth

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -91.73%
Profit YoY (TTM): +6.52%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 74.85%

Quarter	September 2026	June 2026
Promoter %	74.85%	74.85%

Holder	Type	Holding	Previous	Change
AIA Engineering Limited	Promoter	74.85%	74.85%	0.00%
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS	Public	3.31%	3.31%	0.00%
ASHISH NAVNITLAL SHAH	Public	2.96%	2.96%	0.00%
VIKRAMKUMAR RAMESHCHANDRA SHAH	Public	1.10%	1.10%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
HBL ENGINEERING LIMITED	23,187	836.50	43.20	45.90%	—	—	-15.86%
INOX India Limited	17,557	1,930.95	67.38	30.80%	+22.53% TTM	+5.98% TTM	+59.26%
Esab India Ltd. S	8,206	5,330.95	36.98	60.80%	+12.99% TTM	+29.07% TTM	+9.05%
KRN HEAT EXCHANGER AND REFRIGERATION LIMITED	6,620	1,011.40	57.55	18.00%	+77.18% TTM	+94.83% TTM	+27.68%
Harsha Engineers International Limited	4,200	461.30	25.73	14.20%	+22.34% TTM	+65.44% TTM	+15.61%
Subros Ltd.	3,881	594.85	22.79	16.70%	+21.25% TTM	+5.94% TTM	-42.91%
Ador Welding Ltd.	2,462	1,414.95	21.32	20.30%	+12.93% TTM	+111.66% TTM	+31.10%
Diffusion Engineers Limited	1,568	419.05	27.32	15.70%	+38.32% TTM	+34.51% TTM	+12.53%
MIC Electronics Limited	1,085	36.43	-89.18	10.00%	+132.72% TTM	-227.43% TTM	-30.96%
Hy-Tech Engineers Limited	768	81.02	—	—	+17.36% FY26	+15.14% FY26	—
Technocrats Plasma Systems Limited S	715	406.20	—	—	+166.03% FY26	+84.22% FY26	—
MALLCOM (INDIA) LTD.	570	912.80	21.29	14.80%	+3.91% TTM	-54.47% TTM	-36.70%
Simplex Castings Ltd. S	527	128.45	22.54	26.20%	+15.32% TTM	+28.04% TTM	+32.38%
Sealmatic India Limited	523	481.70	—	12.10%	—	—	+23.38%
EXPO ENGINEERING AND PROJECTS LIMITED S	228	88.00	191.30	14.20%	-34.54% TTM	-70.94% TTM	+12.12%
QUEST FLOW CONTROLS LIMITED	184	179.70	—	0.40%	—	—	-26.97%
ALPHALOGIC INDUSTRIES LIMITED S	133	131.00	21.69	26.00%	—	—	+20.52%
W.H. Brady & Co. Ltd.	122	476.80	18.49	8.20%	-9.14% TTM	-71.81% TTM	-34.79%
Narmadesh Brass Industries Limited S	100	323.00	271.43	9.80%	—	—	—
MAURIA UDYOG LIMITED	82	6.18	3.71	39.10%	-13.01% TTM	+6.43% TTM	-52.72%
Siyaram Recycling Industries Limited S	75	34.44	22.36	11.20%	—	—	-63.07%
Indian Link Chain Mnfrs. Ltd. S	61	229.40	-201.23	-0.90%	-100.00% TTM	-321.43% TTM	-87.52%
DELTA MANUFACTURING LIMITED	60	55.33	-5.70	22.80%	+3.75% TTM	+7.22% TTM	-25.73%
Gabriel Pet Straps Limited	47	63.18	—	4.90%	—	—	-78.87%
Storage Technologies and Automation Limited	45	34.84	—	-6.10%	—	—	-51.11%
Welcast Steels Ltd. S	36	567.30	-12.05	-14.00%	-91.73% TTM	+6.52% TTM	-39.00%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith Unaudited Financial Result of the Company for the Quarter/Half ....30 Oct 2026 · Board Meeting / Outcome of Board Meeting
Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the Unaudited Financial Result of the Company for the Quarter/Half ....30 Oct 2026 · Result / Financial Results
Welcast Steels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2026 ,inter alia, to consider and approve the Unaudited Financial Results ....21 Oct 2026 · Board Meeting / Board Meeting
We submit herewith the confirmation certificate received from Bigshare Services Private Limited, Registrar and Share Transfer Agent (RTA) as per Regulation 74(5) of the SEBI (Depositories ....12 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Closure of Trading Window pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
We hereby inform you that 54th Annual General Meeting of the Company was held on Thursday, 10 September, 2026 at 11:00 a.m. through Video Conferencing ("VC")/Other Audio Visual Means ("OAVM"). In ....11 Sep 2026 · AGM/EGM / AGM
We submit herewith the Scrutinizer''s Report dated September 10, 2026 received from Tushar Vora & Associates, Practicing Company Secretary, Ahmedabad on the result of the voting through ....11 Sep 2026 · AGM/EGM / AGM
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith the Proceedings of the 54th Annual General Meeting of the Company ....10 Sep 2026 · AGM/EGM / AGM
Pursuant to Regulation 30 & 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the copies of newspaper advertisement published ....18 Aug 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith Notice of Annual General Meeting (including e-voting ....17 Aug 2026 · Others / Reg. 34 (1) Annual Report
Submission of Notice for attention of Equity Shareholders of the Company in respect of 54th Annual General Meeting of the Company to be held on 10th September, 2026 through Video Conferencing ....7 Aug 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith Unaudited Financial Results for the quarter ended June 30, 2026 ....5 Aug 2026 · Board Meeting / Outcome of Board Meeting
Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith Unaudited Financial Result of the Company for the quarter ended ....5 Aug 2026 · Result / Financial Results
Welcast Steels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/08/2026 ,inter alia, to consider and approve the Unaudited Financial Results ....27 Jul 2026 · Board Meeting / Board Meeting
We submit herewith the confirmation certificate received from Bigshare Services Private Limited, Registrar and Share Transfer Agent (RTA) as per Regulation 74(5) of the SEBI (Depositories ....13 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Closure of Trading Window pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Pursuant to Regulation 30 & 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed copy of newspaper advertisement published today in Financial ....12 Jun 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith the Annual Secretarial Compliance Report for the year ended March ....28 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
It is hereby informed that the Board of Directors at its meeting held today approved the proposal to convene the 54th AGM on Thursday, September 10, 2026 at 11.00 AM through Video Conferencing/Other ....20 May 2026 · AGM/EGM / AGM
Outcome of Board Meeting and submission of Audited Financial Results for the Quarter / Year ended March 31, 2026 as per Regulation 33 of SEBI (LODR) Regulations, 2015. The Board has not ....20 May 2026 · Board Meeting / Outcome of Board Meeting
The Board of Directors at their meeting held today approved the Audited Financial Results for the Quarter/Year ended March 31, 2026.20 May 2026 · Result / Financial Results
Welcast Steels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/05/2026 ,inter alia, to consider and approve the Audited Financial Results ....12 May 2026 · Board Meeting / Board Meeting
We submit herewith the confirmation certificate received from Bigshare Services Private Limited, Registrar and Share Transfer Agent (RTA) as per Regulation 74(5) of SEBI (Depository and ....7 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Closure of Trading Window pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.26 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Pursuant to Regulation 30 & 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed copies of newspaper advertisement published today in ....11 Mar 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith Unaudited Financial Result of the Company for the Quarter/Nine ....29 Jan 2026 · Board Meeting / Outcome of Board Meeting
Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith Unaudited Financial Result of the Company for the Quarter/Nine ....29 Jan 2026 · Result / Financial Results
Welcast Steels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/01/2026 ,inter alia, to consider and approve the Unaudited Financial Results ....19 Jan 2026 · Board Meeting / Board Meeting
We submit herewith the confirmation certificate received from Bigshare Services Private Limited, Registrar and Share Transfer Agent (RTA) as per Regulation 74(5) of the SEBI (Depository ....12 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Closure of Trading Window pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.26 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit Unaudited Financial Result of the Company for the Quarter/Half Year ....5 Nov 2025 · Board Meeting / Outcome of Board Meeting
Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith Unaudited Financial Results of the Company for the Quarter / Half ....5 Nov 2025 · Result / Financial Results
Welcast Steels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2025 ,inter alia, to consider and approve the Unaudited Financial Results ....29 Oct 2025 · Board Meeting / Board Meeting
Correction in Script Code mentioned in intimation submitted earlier today.15 Oct 2025 · Company Update / General
The Board of Directors in their meeting held today which was concluded at 12:05 p.m. have passed a resolution to close down permanently its Industrial Establishment (Factory) located at ....15 Oct 2025 · Company Update / General
We submit herewith the confirmation certificate received from Bigshare Services Private Limited, Registrar and Share Transfer Agent (RTA) as per Regulation 74(5) of the SEBI (Depositories ....10 Oct 2025 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Closure of Trading Window pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201525 Sep 2025 · Insider Trading / SAST / Closure of Trading Window
We hereby inform you that 53rd AGM of the Company was held on Wednesday, 10 September, 2025 at 11:00 a.m. through Video Conferencing ("VC")/Other Audio Visual Means ("OAVM"). In compliance ....11 Sep 2025 · AGM/EGM / AGM
We submit herewith the Scrutinizer''s Report dated September 10, 2025 received from Tushar Vora & Associates, Practicing Company Secretary, Ahmedabad on the result of the voting through ....11 Sep 2025 · AGM/EGM / AGM
Appointment of Secretarial Auditor10 Sep 2025 · Company Update / Change in Management

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 2.5000	26 Aug 2024	—	—

Board meetings

30 Oct 2026 Board Meeting - Financial Results
5 Aug 2026 Board Meeting - Financial Results