Magna Electrocas

BSE: MAGNAELQ · Castings & Forgings

52W Range₹706 ₹1,300

Snapshot

Unlock Magna Electrocas's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Magna Electro Castings Ltd. is a Coimbatore-based manufacturer specialising in the production and supply of high-quality cast iron components. The company operates through two primary business segments: Foundry operations and Wind Energy.

Business Model

The company generates revenue by manufacturing and machining cast iron components for various industrial applications. It also leverages its infrastructure to participate in the wind energy sector.

  • Founded:1990

Growth Outlook

Growth is primarily driven by the demand for precision-engineered cast iron components across industrial sectors and the operational performance of its wind energy division.

Key Risks

  • Raw Material Price Volatility. Fluctuations in the prices of pig iron, scrap metal, and other raw materials can significantly impact manufacturing margins.
  • Cyclical Demand. The foundry business is sensitive to cyclical downturns in the capital goods and automotive sectors.
  • Energy Sector Dependency. The company's wind energy division is subject to regulatory changes and policy shifts regarding renewable energy incentives.
  • Operational Risks. Manufacturing processes are energy-intensive and subject to strict environmental regulations and potential supply chain disruptions.

Price

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Key Metrics

REVENUE

₹196 Cr

TTM · standalone

+11.3%YoY

NET PROFIT

₹18 Cr

TTM · standalone

-20.1%YoY

EPS

₹43.66

TTM · standalone

-20.1%YoY

RETURN ON EQUITY

13.9%

TTM · standalone

-6.5 ppYoY

RETURN ON CAPITAL EMPLOYED

17.9%

TTM · standalone

-8.6 ppYoY

P/E

28.1x

Q4 FY26 · standalone

28.1 vs 42.9x5Y avg

EV/EBITDA

15.2x

Q4 FY26 · standalone

15.2 vs 22.7x5Y avg

EBITDA MARGIN

17.8%

TTM · standalone

-2.6 ppYoY

NET PROFIT MARGIN

5.6%

Q4 FY26 · standalone

-5.0 ppYoY

DEBT TO EQUITY

0.1x

Q4 FY26 · standalone

+0.01xYoY

Peers · Castings & Forgings

CompanyMkt Cap (Cr)P/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Magna ElectrocasMAGNAELQ
39928.1315.1811.3%17.8%13.9%17.9%-6.7%
SteelcastSTEELCAS
2,20618.4523.6512.5%30.6%25.3%32.9%-74.9%
NelcastNELCAST
1,03823.8010.676.1%9.4%8.6%14.4%-7.5%
Synergy GreenSGIL
767199.9023.901.1%13.5%4.3%14.7%+10.4%
Inv.& Prec.Cast.INVPRECQ
52569.6327.5615.1%17.0%12.5%20.7%+51.4%
Neetu YoshiNEETUYOSHI
33931.0%+13.4%

As of Q4 FY26

Financials