Magna Electro Castings Ltd.

BSE: MAGNAELQ · Castings & Forgings

—
52W Range₹706 – ₹1,600

Snapshot

Unlock Magna Electro Castings Ltd.'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.

Start your research today

Unlock AI insights, financials, peers and live data on Magna Electro Castings Ltd. and 5,000+ companies — free.

Start your research

Key Metrics

REVENUE

₹199 Cr

TTM · standalone

+8.7%YoY

NET PROFIT

₹16 Cr

TTM · standalone

-32.6%YoY

EPS

₹36.73

TTM · standalone

-32.6%YoY

RETURN ON EQUITY

11.3%

TTM · standalone

-6.5 ppYoY

RETURN ON CAPITAL EMPLOYED

15.0%

TTM · standalone

-7.1 ppYoY

P/E

35.4×

Q1 FY27 · standalone

35.4 vs 40.6x5Y avg

EV/EBITDA

18.8x

Q1 FY27 · standalone

18.8 vs 24.4x5Y avg

EBITDA MARGIN

16.5%

TTM · standalone

-3.2 ppYoY

NET PROFIT MARGIN

7.3%

Q1 FY27 · standalone

-6.4 ppYoY

DEBT TO EQUITY

0.1x

Q1 FY27 · standalone

+0.01xYoY

Peers · Castings & Forgings

CompanyMkt CapP/E (TTM)EV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Magna Electro Castings Ltd.MAGNAELQ
₹601 Cr35.4×18.758.7%16.5%11.3%15.0%+39.8%
Investment & Precision Castings LimitedINVPRECQ
₹1,423 Cr109.4×40.6216.6%18.6%15.0%23.3%+278.8%
Synergy Green Industries LimitedSGIL
₹1,039 Cr-107.9×31.09-2.5%11.6%-8.1%6.9%+13.9%
Tirupati ForgeTIRUPATIFL
₹1,012 Cr153.4×52.71—11.7%5.1%8.1%+110.2%
NelcastNELCAST
₹931 Cr25.6×9.834.2%8.4%7.1%12.5%-5.9%
Neetu YoshiNEETUYOSHI
₹865 Cr———31.0%——+87.6%

As of Q1 FY27

Financials