Welcast Steels Ltd
₹598.45
(0.26%)
Wed, 14 Oct 2026, 10:59 pm
Non-Energy Minerals
Construction Materials
24.5KWelcast Steels Share Price Live Chart
1 Day
(0.26%)
No Result Found
Summary
Market Cap (in Cr)
38.3
Net Profit (in Cr)
-0.34
P/B
1.22
Sector P/E
54.21
P/E
0
EV/EBITDA
0
Debt/Equity (Industry)
0.03
Interest Cover (Industry)
110.03
ROCE (Industry)
19.57
RONW (Industry)
15.34
ROE
-1.60
ROCE
-1.98
Debt/Equity
0
EPS (TTM)
0
Dividend Yield
0
Book Value
537.83
Interest Cover
-6.67
Analysis
all
- Dividends per share have increased over the past 10 years.
- Welcast Steels is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Welcast Steels has been profitable on average in the past, therefore cash runway is not a concern.
- Welcast Steels has been profitable on average in the past, therefore cash runway is not a concern.
- Debt is covered by short term assets, assets are 8.7x debt.
- The company is paying a dividend however it is incurring a loss.
- Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
- Welcast Steels's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.76%).
- Welcast Steels's dividend is below the markets top 25% of dividend payers in India (3.08%).
- Operating cash flow is negative therefore debt is not well covered.
Shareholding
| Shareholders | JUN 2026 | MAR 2026 | DEC 2025 | SEPT 2025 | JUN 2025 |
|---|---|---|---|---|---|
| Promoters | 74.85 | 74.85 | 74.85 | 74.85 | 74.85 |
| FII | 0 | 0 | 0 | 0 | 0 |
| DII | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Public | 25.15 | 25.15 | 25.15 | 25.14 | 25.14 |
| Government | 0 | 0 | 0 | 0 | 0 |
Technical Analysis
Support and Resistance
| Type | R3 | R2 | R1 | PP | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | 739.50 | 677.50 | 639 | 615.50 | 577 | 553.50 | 491.50 |
| Fibonacci | 677.50 | 653.82 | 639.18 | 615.50 | 591.82 | 577.18 | 553.50 |
| Camarilla | 617.55 | 611.87 | 606.18 | 615.50 | 594.82 | 589.13 | 583.45 |
Pivots Level: Classic
R3
+124
739.50
R2
+62
677.50
R1
+23.50
639
S1
-38.50
577
S2
-62
553.50
S3
-124
491.50
Moving Average
Period
Value
10-EMA
608.85
20-EMA
618.24
30-EMA
626.12
50-EMA
640.01
100-EMA
670.38
200-EMA
745.10
Corporate Actions
| Announcement Date | Purpose | Action | Ex Date |
|---|---|---|---|
| 20 May 2026 | agm | ||
| 20 May 2026 | board-meetings | Accounts, Quarterly Results, Dividend | |
| 29 Jan 2026 | board-meetings | Quarterly Results | |
| 05 Nov 2025 | board-meetings | Quarterly Results, Half Yearly Results | |
| 20 May 2025 | agm | ||
| 13 May 2024 | dividend | ₹2.50 Dividend /Share | 27 Aug 2024 |
| 13 May 2024 | agm | ||
| 16 May 2023 | agm | ||
| 16 May 2023 | dividend | ₹2.50 Dividend /Share | 06 Sept 2023 |
| 04 Aug 2022 | agm |
Peer Comparison
Welcast Steels Ltd
Cummins India Ltd
Tube Investments of India Ltd
Kirloskar Oil Engines Ltd
Welspun Corp Ltd
APL Apollo Tubes Ltd
Welcast Steels Ltd About
Welcast Steels is primarily involved in manufacturing of High Chrome Grinding Media Balls used in mill Internals of cement and mining industry.
Industry
Abrasives And Grinding Wheels
Founded
1972
Headquarters
CEO
Rajan Ramkrishna Harivallabhdas
Employees
Contact
Website
http://www.welcaststeels.com
info@welcaststeels.com
Phone
91-079-22901078
Location
115-116 G V M M Estate, Odhav Road Odhav, Ahmedabad, Gujarat, 382415
Welcast Steels Ltd Company History
| Year | History |
|---|---|
| 2007 |
|
| 2008 |
|
| 2013 |
|
| 2014 |
|
| 2016 |
|
Deals
| Client Name | Deal Type | Order Side | QTY | Avg Price | Date |
|---|---|---|---|---|---|
| VINAY R SOMANI | bulk | Buy | 3601 | 1563.78 | 09 May 2024 |
| SOMANI STOCK BROKING PVT LTD | bulk | Sell | 3692 | 1553.18 | 09 May 2024 |
| DIPAK KANAYALAL SHAH | bulk | Sell | 4461 | 809.73 | 09 Feb 2018 |
| ASHISH NAVNITLAL SHAH | bulk | Buy | 16525 | 221.38 | 08 Nov 2013 |
| ASHISH NAVNITLAL SHAH | bulk | Buy | 16525 | 221.38 | 08 Nov 2013 |
| DIVYA SUNIL ZAVERI | bulk | Sell | 30000 | 220.7 | 07 Nov 2013 |
| AIA ENGINEERING LIMITED | bulk | Buy | 30000 | 220.7 | 07 Nov 2013 |
| SUNIL RASHMIKUMAR ZAVERI | bulk | Sell | 7780 | 204.85 | 17 Oct 2013 |
| AIA ENGINEERING LIMITED | bulk | Buy | 7780 | 204.85 | 17 Oct 2013 |
| OMPRAKASH FATEHLAL SHAH | bulk | Buy | 3602 | 557.31 | 03 Aug 2010 |
Frequently Asked Questions
1.What is the stock price of Welcast Steels Ltd?
As of 15/10/2026 at 4:29 AM, Welcast Steels Ltd shares are trading at ₹598.45.
2.What is the market cap. of Welcast Steels Ltd?
As of 15/10/2026, the market capitalization of Welcast Steels Ltd is ₹38.19 crore.
3.When was Welcast Steels Ltd founded?
Welcast Steels Ltd was founded in 1972.
4.How can I buy shares of Welcast Steels Ltd?
You can buy shares of Welcast Steels Ltd through Pocketful. Simply open a Demat account, complete your KYC, add funds, and place a buy order.
5.Does Welcast Steels Ltd pay dividends?
Yes, Welcast Steels Ltd pays dividends to eligible shareholders. The latest dividend announced by the company was ₹₹2.50 Dividend /Share per share.
6.What are the latest financial results of Welcast Steels Ltd?
For January,2024, Welcast Steels Ltd reported revenue of ₹84.50 crore and a net profit of ₹-0.34 crore.
7.Who is the CEO of Welcast Steels Ltd?
The CEO of Welcast Steels Ltd is Rajan Ramkrishna Harivallabhdas.
