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Magna Electro Castings Ltd logo

Magna Electro Castings Ltd

NSE: BSE: 517449

921

(0.52%)

Thu, 12 Mar 2026, 09:02 pm

Magna Electro Castings Analysis

dividend

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Pros

  • Dividends per share have increased over the past 10 years.
  • Dividends paid are well covered by earnings (5.8x coverage).
  • Dividends per share have been stable in the past 10 years.
  • Magna Electro Castings's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
  • Magna Electro Castings's dividend is above the markets top 25% of dividend payers in India (3.08%).
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Cons

    health

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    Pros

    • Magna Electro Castings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
    • Magna Electro Castings is profitable, therefore cash runway is not a concern.
    • Magna Electro Castings is profitable, therefore cash runway is not a concern.
    • Magna Electro Castings has no debt, it does not need to be covered by operating cash flow.
    • Magna Electro Castings has no debt, it does not need to be covered by short term assets.
    • Magna Electro Castings's cash and other short term assets cover its long term commitments.
    • Magna Electro Castings has no debt compared to 5 years ago when it was 49.8%.
    • Magna Electro Castings has no debt, therefore coverage of interest payments is not a concern.
    • Magna Electro Castings has no debt.
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    Cons

    • High level of physical assets or inventory.

    management

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    Pros

    • The average tenure for the Magna Electro Castings board of directors is over 10 years, this suggests they are a seasoned and experienced board.
    • M.'s remuneration is lower than average for companies of similar size in India.
    • The tenure for the Magna Electro Castings management team is about average.
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    Cons

      misc

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      Pros

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        Cons

        • Magna Electro Castings is not covered by any analysts.
        • Magna Electro Castings has significant price volatility in the past 3 months.

        past

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        Pros

        • Magna Electro Castings's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
        • Magna Electro Castings used its assets more efficiently than the IN Metals and Mining industry average last year based on Return on Assets.
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        Cons

        • Magna Electro Castings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
        • Magna Electro Castings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
        • Magna Electro Castings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
        • Magna Electro Castings's 1-year earnings growth is negative, it can't be compared to the IN Metals and Mining industry average.

        value

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        Pros

        • Magna Electro Castings's share price is below the future cash flow value, and at a moderate discount (> 20%).
        • Magna Electro Castings's share price is below the future cash flow value, and at a substantial discount (> 40%).
        • Magna Electro Castings is good value based on earnings compared to the IN Metals and Mining industry average.
        • Magna Electro Castings is good value based on earnings compared to the India market.
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        Cons

        • Magna Electro Castings is overvalued based on assets compared to the IN Metals and Mining industry average.
        • 517449 underperformed the Metals and Mining industry which returned -28.6% over the past year.
        • 517449 underperformed the Market in India which returned -14.5% over the past year.
        • BSE:517449 is down -9.8% underperforming the Metals and Mining industry which returned 7.5% over the past month.
        • BSE:517449 is down -9.8% underperforming the market in India which returned 8% over the past month.

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        Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800