MAGNAELQ

Magna Electro Castings Ltd.

BSE: 517449

Sector: Capital Goods

Industry Group: Industrial Products

Industry: Castings & Forgings

1,211.00+9.2 (+0.77%)

7 Aug, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

68.1 / 100

Value Score

50.3 / 100

Price Momentum Score

86.0 / 100

QVM Score

85.4 / 100

Key Metrics

Market Cap

512.49

P/E (TTM)

27.74

P/B

3.53

P/S (TTM)

2.61

EV/EBITDA

15.40

CAPE (5Y)

31.42

ROE (TTM)

13.47

ROCE (TTM)

16.16

ROA (TTM)

9.81

Avg 3Y ROE

15.94

Earnings 3Y CAGR

2.56

Sales 3Y CAGR

6.06

Sales 5Y CAGR

14.96

Debt/Equity

0.10

Consensus TP

Strong Buy %

Promoter Holding

53.66

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Magna Electro Castings Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong price momentum

Price Momentum score of 86.0 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

86.0 / 100

Consistently pays dividend

The company has not missed dividend payments once in the last 5 financial years

What is Dividend streak?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Expensive and at same valuation levels as industry median P/E

PE TTM of 27.74 indicates that the stock is expensive on a standalone basis. Premium to industry median P/E is modest at 8.36%

What is P/E Ratio?

Median: 25.6

Value 27.74

5.55200.28

Low dividend yield

The company has a low dividend yield of 0.5%

What is Dividend yield?

Neutral

Company's earnings are of moderate quality

Earnings quality score of 61.9 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

61.9 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Magna Electro Castings Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Magna Electro Castings Ltd. Shareholding Pattern

Quarterly breakdown of Magna Electro Castings Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	48.31	48.45	48.45	52.46	52.58	52.58	53.38	53.38	53.38	53.38	53.38	53.38	53.38	53.38	53.38	53.38	53.38	53.38	53.38	53.38	53.42	53.66	53.66	53.66	53.66	53.66
Indian Promoter	48.31	48.45	48.45	52.46	52.58	52.58	53.38	53.38	53.38	53.38	53.38	53.38	53.38	53.38	53.38	53.38	53.38	53.38	53.38	53.38	53.42	53.66	53.66	53.66	53.66	53.66
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	1.09	1.09	1.09	1.18	1.18	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00	0.02
Mutual Funds / UTI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	-	-	-	-	-	-	0.00	0.00	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	1.09	1.09	1.09	1.18	1.18	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.02
Non-Institution	50.60	50.46	50.46	46.36	46.24	47.42	46.61	46.61	46.61	46.61	46.62	46.62	46.62	46.62	46.62	46.62	46.62	46.62	46.62	46.62	46.58	46.34	46.34	46.34	46.34	46.32
Bodies Corporate	5.17	5.18	5.47	3.77	3.84	-	3.78	3.71	3.66	3.66	3.62	3.59	3.50	3.48	3.27	3.36	3.36	3.35	3.48	3.43	3.55	3.05	2.94	3.02	3.74	4.15
Others (incl. Retail) No. of shareholders	45.43 3,612	45.28 3,612	44.99 4,096	42.59 3,240	42.40 3,186	47.42 3,641	42.83 3,710	42.90 3,590	42.95 3,643	42.95 3,702	43.00 3,840	43.03 3,701	43.12 3,673	43.14 3,764	43.35 4,501	43.26 4,818	43.26 4,961	43.27 4,992	43.14 5,218	43.19 5,059	43.03 5,080	43.29 5,069	43.40 5,599	43.32 5,440	42.60 5,278	42.17 4,995

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

Magna Electro Castings Ltd. is not part of any tracked index.

Prominent Investor Holdings

Shivani Tejas Trivedi

Jun 2026

1.05%

₹ 5 Cr

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Magna Electro Castings Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
AJEYA VEL NARAYANASWAMY Promoter	December-2022	Inter-se Transfer (Acquisition) 27th Dec 2022	4.09 %	₹ 375.00	1.90 lac	₹ 7.13 cr
N MUTHULAKSHMI Promoter	December-2022	Inter-se Transfer (Disposal) 27th Dec 2022	15.17 %	₹ 375.00	1.90 lac	₹ 7.13 cr
N MUTHULAKSHMI Promoter	December-2022	Inter-se Transfer (Disposal) 24th Dec 2022	15.57 %	₹ 352.00	17.00 k	₹ 59.84 lac
RANGANAYAKI N Promoter	December-2022	Inter-se Transfer (Acquisition) 24th Dec 2022	4.92 %	₹ 352.00	17.00 k	₹ 59.84 lac
Aditya Vijayakumar Promoter	March-2022	Inter-se Transfer (Disposal) 4th Mar 2022	1.31 %	₹ 0.00	55.26 k	₹ 0.00
Mahitha Vijayakumar Promoter	March-2022	Inter-se Transfer (Acquisition) 4th Mar 2022	0.53 %	₹ 0.00	55.26 k	₹ 0.00
AJEYA VEL NARAYANASWAMY Promoter Group	September-2021	Off Market (Acquisition) 28th Sep 2021	1.18 %	₹ 190.00	5.00 k	₹ 9.50 lac
N KRISHNA SAMARAJ Promoter	September-2021	Off Market (Acquisition) 28th Sep 2021	1.82 %	₹ 190.00	9.13 k	₹ 17.35 lac
AJEYA VEL NARAYANASWAMY Promoter Group	August-2021	Off Market (Acquisition) 7th Aug 2021	1.02 %	₹ 190.00	7.00 k	₹ 13.30 lac
RANGANAYAKI N Promoter	August-2021	Off Market (Acquisition) 7th Aug 2021	4.61 %	₹ 195.00	13.00 k	₹ 25.35 lac

Corporate Actions

History of Magna Electro Castings Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 5/share
Record date: 2nd Sep 2026Ex-date: 2nd Sep 2026
Announced on: 28th May 2026
Dividend₹ 6/share
Record date: 28th Aug 2025Ex-date: 28th Aug 2025
Announced on: 30th May 2025
Dividend₹ 5/share
Record date: 9th Aug 2024Ex-date: 9th Aug 2024
Announced on: 29th May 2024
Dividend₹ 3/share
Record date: 19th Aug 2023Ex-date: 18th Aug 2023
Announced on: 30th May 2023
Dividend₹ 2.50/share
Record date: 19th Aug 2022Ex-date: 18th Aug 2022
Announced on: 30th May 2022

Company Profile

Overview of Magna Electro Castings Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Magna Electro Castings Limited is engaged in the manufacturing and selling of cast iron components. The Company is engaged in the manufacture and sale of SG ductile iron and gray iron castings. The Company caters to both domestic and international markets.

Key personnel

Shri. R. Ravi

Chief Financial Officer

Ms. Divya Duraisamy

Compliance Officer, Company Secretary

Shri. N. KrishnasamarajD

Managing Director, Executive Non Independent Director

Shri. M. MalmaruganD

Executive Director - Operations

Sri. Ajeya Vel NarayanaswamyD

Additional Director

Shri. J. VijayakumarD

Non-Executive Non Independent Director

Sri. Rangaswamy NarayananD

Additional Independent Director

Sri. Sudarsan VaradarajD

Additional Independent Director

View all

Incorporated on

22 Aug 1990

Last Annual

31 Mar 2026

Last Interim

31 Mar 2026

No. of Employees

242

IPO date

16 May 1994

Free Float

17,39,622

Website

https://www.magnacast.com/

Phone no.

+914222240109

Address

43 Balasundaram Road, , 641018, India

Frequently Asked Questions

What is the current share price of Magna Electro Castings Ltd.?

The current share price of Magna Electro Castings Ltd. is ₹ 1,211.00 as of 7 Aug 2026.

What is the market capitalisation of Magna Electro Castings Ltd.?

The market capitalisation of Magna Electro Castings Ltd. stands at ₹ 512.49 Cr.

What is the PE ratio of Magna Electro Castings Ltd.?

The Price-to-Earnings (PE) ratio of Magna Electro Castings Ltd. is 27.74 as of the latest trailing twelve months data.

What is the ROE and ROCE of Magna Electro Castings Ltd.?

Magna Electro Castings Ltd. has a Return on Equity (ROE) of 13.47% and a Return on Capital Employed (ROCE) of 16.16% as per the latest financial reports.

What is the 52-week high and low of Magna Electro Castings Ltd.?

The 52-week high of Magna Electro Castings Ltd. is - and the 52-week low is -.

What is the dividend yield of Magna Electro Castings Ltd.?

The dividend yield of Magna Electro Castings Ltd. is 0.50% based on the current market price.

What is the FII and DII holding in Magna Electro Castings Ltd.?

Foreign Institutional Investors (FII) hold 0.00%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 42.17% of Magna Electro Castings Ltd. shares.

What sector does Magna Electro Castings Ltd. belong to?

Magna Electro Castings Ltd. operates in the Capital Goods sector.

What is the beta of Magna Electro Castings Ltd.?

The beta of Magna Electro Castings Ltd. is 0.93, indicating its price volatility relative to the broader market. Over the past 1 year, Magna Electro Castings Ltd. has delivered an absolute return of -3.12%.

What is the RSI of Magna Electro Castings Ltd.?

The 14-day Relative Strength Index (RSI) of Magna Electro Castings Ltd. is 59.45, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Magna Electro Castings Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Magna Electro Castings Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Company Profile

Corporate Actions

Holdings and Presence