Welcast Steels
BSE: ZWELCAST · Other Industrial Products
Limited coverage
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Snapshot
Unlock Welcast Steels's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Welcast Steels Limited manufactures high chrome grinding media balls used primarily in the cement, mining, and thermal power industries. As a subsidiary of AIA Engineering, the company leverages technical expertise to produce alloy steel castings that offer superior abrasion resistance.
Business Model
The company generates revenue through the sale of specialized wear-resistant castings designed to optimize grinding efficiency in industrial mills. Its business model is intrinsically linked to the operational cycles and capital expenditure of the infrastructure and mineral processing sectors.
Growth Outlook
Growth is driven by the sustained demand for high-performance grinding media in the mining and cement sectors, supported by the technical backing of its parent company. The company aims to leverage its manufacturing capacity to serve both domestic and international industrial markets.
Key Risks
- Cyclical Industry Exposure. The company's performance is highly dependent on the capital expenditure cycles of the mining, cement, and power sectors.
- Raw Material Price Volatility. Fluctuations in the prices of steel and other alloying elements can significantly impact manufacturing costs and profit margins.
- Parent Company Dependency. As a subsidiary of AIA Engineering, the company's strategic direction and market access are closely tied to the parent entity's operations.
- Competitive Pressure. The specialized castings market faces competition from both domestic manufacturers and global players offering alternative grinding solutions.
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Key Metrics
REVENUE
₹49 Cr
TTM · standalone
NET PROFIT
₹8 Cr
TTM · standalone
EPS
₹126.36
TTM · standalone
RETURN ON EQUITY
21.0%
TTM · standalone
RETURN ON CAPITAL EMPLOYED
23.4%
TTM · standalone
P/E
5.6x
Q4 FY26 · standalone
EV/EBITDA
6.7x
Q4 FY26 · standalone
EBITDA MARGIN
13.1%
TTM · standalone
NET PROFIT MARGIN
47.3%
Q4 FY26 · standalone
DEBT TO EQUITY
0.0x
Q4 FY26 · standalone
Peers · Other Industrial Products
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Welcast SteelsZWELCAST | ₹41 Cr | 5.03 | 6.21 | -42.0% | 13.1% | 21.0% | 23.4% | -38.9% |
Mallcom (India)MALLCOM | ₹624 Cr | 23.32 | 12.96 | 3.9% | 10.9% | 8.7% | 13.8% | -20.6% |
Simplex CastingsSIMPLEXCAS | ₹439 Cr | 3.74 | 12.27 | 18.0% | 19.6% | 30.0% | 33.7% | -70.7% |
Sealmatic IndiaSEALMATIC | ₹435 Cr | — | — | — | 15.0% | — | — | -20.8% |
United HeatUHTL | ₹273 Cr | — | — | — | 14.3% | — | — | +96.7% |
Indian Link Chain Mnfrs. Ltd.INLCM | ₹102 Cr | — | — | — | -700.0% | 6.6% | 5.2% | -70.9% |
As of Q4 FY26
Financials
Welcast Steels
BSE: ZWELCAST · Other Industrial Products
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Welcast Steels's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Welcast Steels Limited manufactures high chrome grinding media balls used primarily in the cement, mining, and thermal power industries. As a subsidiary of AIA Engineering, the company leverages technical expertise to produce alloy steel castings that offer superior abrasion resistance.
Business Model
The company generates revenue through the sale of specialized wear-resistant castings designed to optimize grinding efficiency in industrial mills. Its business model is intrinsically linked to the operational cycles and capital expenditure of the infrastructure and mineral processing sectors.
Growth Outlook
Growth is driven by the sustained demand for high-performance grinding media in the mining and cement sectors, supported by the technical backing of its parent company. The company aims to leverage its manufacturing capacity to serve both domestic and international industrial markets.
Key Risks
- Cyclical Industry Exposure. The company's performance is highly dependent on the capital expenditure cycles of the mining, cement, and power sectors.
- Raw Material Price Volatility. Fluctuations in the prices of steel and other alloying elements can significantly impact manufacturing costs and profit margins.
- Parent Company Dependency. As a subsidiary of AIA Engineering, the company's strategic direction and market access are closely tied to the parent entity's operations.
- Competitive Pressure. The specialized castings market faces competition from both domestic manufacturers and global players offering alternative grinding solutions.
Start your research today
Unlock AI insights, financials, peers and live data on Welcast Steels and 5,000+ companies — free.
Key Metrics
REVENUE
₹49 Cr
TTM · standalone
NET PROFIT
₹8 Cr
TTM · standalone
EPS
₹126.36
TTM · standalone
RETURN ON EQUITY
21.0%
TTM · standalone
RETURN ON CAPITAL EMPLOYED
23.4%
TTM · standalone
P/E
5.6x
Q4 FY26 · standalone
EV/EBITDA
6.7x
Q4 FY26 · standalone
EBITDA MARGIN
13.1%
TTM · standalone
NET PROFIT MARGIN
47.3%
Q4 FY26 · standalone
DEBT TO EQUITY
0.0x
Q4 FY26 · standalone
Peers · Other Industrial Products
As of Q4 FY26