Steelcast Limited (STEELCAS) - Net Assets
Based on the latest financial reports, Steelcast Limited (STEELCAS) has net assets worth Rs3.60 Billion INR (≈ $38.93 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs4.11 Billion ≈ $44.43 Million USD) and total liabilities (Rs508.80 Million ≈ $5.50 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Steelcast Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs3.60 Billion |
| % of Total Assets | 87.62% |
| Annual Growth Rate | 16.33% |
| 5-Year Change | 153.06% |
| 10-Year Change | 353.46% |
| Growth Volatility | 15.74 |
Steelcast Limited - Net Assets Trend (2006–2025)
This chart illustrates how Steelcast Limited's net assets have evolved over time, based on quarterly financial data. Also explore Steelcast Limited (STEELCAS) total assets for the complete picture of this company's asset base.
Annual Net Assets for Steelcast Limited (2006–2025)
The table below shows the annual net assets of Steelcast Limited from 2006 to 2025. For live valuation and market cap data, see STEELCAS company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs3.26 Billion ≈ $35.24 Million |
+20.87% |
| 2024-03-31 | Rs2.70 Billion ≈ $29.16 Million |
+25.28% |
| 2023-03-31 | Rs2.15 Billion ≈ $23.27 Million |
+37.46% |
| 2022-03-31 | Rs1.57 Billion ≈ $16.93 Million |
+21.57% |
| 2021-03-31 | Rs1.29 Billion ≈ $13.93 Million |
+9.23% |
| 2020-03-31 | Rs1.18 Billion ≈ $12.75 Million |
+2.55% |
| 2019-03-31 | Rs1.15 Billion ≈ $12.43 Million |
+23.17% |
| 2018-03-31 | Rs933.31 Million ≈ $10.09 Million |
+26.05% |
| 2017-03-31 | Rs740.40 Million ≈ $8.01 Million |
+3.03% |
| 2016-03-31 | Rs718.65 Million ≈ $7.77 Million |
+19.96% |
| 2015-03-31 | Rs599.08 Million ≈ $6.48 Million |
-24.23% |
| 2014-03-31 | Rs790.71 Million ≈ $8.55 Million |
+2.63% |
| 2013-03-31 | Rs770.41 Million ≈ $8.33 Million |
+29.22% |
| 2012-03-31 | Rs596.20 Million ≈ $6.45 Million |
+31.90% |
| 2011-03-31 | Rs452.01 Million ≈ $4.89 Million |
+10.61% |
| 2010-03-31 | Rs408.65 Million ≈ $4.42 Million |
+9.76% |
| 2009-03-31 | Rs372.30 Million ≈ $4.03 Million |
+9.00% |
| 2008-03-31 | Rs341.55 Million ≈ $3.69 Million |
+23.32% |
| 2007-03-31 | Rs276.95 Million ≈ $3.00 Million |
+50.50% |
| 2006-03-31 | Rs184.02 Million ≈ $1.99 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Steelcast Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 238567600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs2.39 Billion | 73.21% |
| Common Stock | Rs101.20 Million | 3.11% |
| Other Comprehensive Income | Rs580.25 Million | 17.81% |
| Other Components | Rs191.62 Million | 5.88% |
| Total Equity | Rs3.26 Billion | 100.00% |
Steelcast Limited Competitors by Market Cap
The table below lists competitors of Steelcast Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BLD Plantation Bhd
KLSE:5069
|
$316.91 Million |
|
RiverNorth Flexible Municipal Income Fund II Inc
NYSE:RFMZ
|
$317.06 Million |
|
Guanajuato Silver Company Ltd
V:GSVR
|
$317.06 Million |
|
Quad Graphics Inc
NYSE:QUAD
|
$317.13 Million |
|
Australian Strategic Materials Ltd
AU:ASM
|
$316.74 Million |
|
Hubei Mailyard Share Co Ltd
SHG:600107
|
$316.60 Million |
|
Strickland Metals Ltd
AU:STK
|
$316.58 Million |
|
Kcc Glass Corp
KO:344820
|
$316.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Steelcast Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,696,160,000 to 3,258,740,000, a change of 562,580,000 (20.9%).
- Net income of 721,979,000 contributed positively to equity growth.
- Dividend payments of 154,836,000 reduced retained earnings.
- Other comprehensive income increased equity by 579,779,000.
- Other factors decreased equity by 584,342,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs721.98 Million | +22.16% |
| Dividends Paid | Rs154.84 Million | -4.75% |
| Other Comprehensive Income | Rs579.78 Million | +17.79% |
| Other Changes | Rs-584.34 Million | -17.93% |
| Total Change | Rs- | 20.87% |
Book Value vs Market Value Analysis
This analysis compares Steelcast Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.99x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 113.24x to 8.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs2.56 | Rs289.42 | x |
| 2007-03-31 | Rs3.85 | Rs289.42 | x |
| 2008-03-31 | Rs4.74 | Rs289.42 | x |
| 2009-03-31 | Rs5.17 | Rs289.42 | x |
| 2010-03-31 | Rs5.54 | Rs289.42 | x |
| 2011-03-31 | Rs5.71 | Rs289.42 | x |
| 2012-03-31 | Rs7.76 | Rs289.42 | x |
| 2013-03-31 | Rs9.05 | Rs289.42 | x |
| 2014-03-31 | Rs8.54 | Rs289.42 | x |
| 2015-03-31 | Rs6.58 | Rs289.42 | x |
| 2016-03-31 | Rs7.57 | Rs289.42 | x |
| 2017-03-31 | Rs7.33 | Rs289.42 | x |
| 2018-03-31 | Rs9.22 | Rs289.42 | x |
| 2019-03-31 | Rs11.36 | Rs289.42 | x |
| 2020-03-31 | Rs11.65 | Rs289.42 | x |
| 2021-03-31 | Rs12.72 | Rs289.42 | x |
| 2022-03-31 | Rs15.47 | Rs289.42 | x |
| 2023-03-31 | Rs21.27 | Rs289.42 | x |
| 2024-03-31 | Rs26.64 | Rs289.42 | x |
| 2025-03-31 | Rs32.20 | Rs289.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Steelcast Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 22.16%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.19%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 1.19x
- Recent ROE (22.16%) is above the historical average (16.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 47.52% | 11.71% | 1.56x | 2.60x | Rs69.04 Million |
| 2007 | 40.37% | 11.24% | 1.28x | 2.81x | Rs84.10 Million |
| 2008 | 23.57% | 6.84% | 1.12x | 3.08x | Rs46.33 Million |
| 2009 | 13.77% | 3.86% | 1.45x | 2.46x | Rs14.05 Million |
| 2010 | 6.81% | 2.91% | 1.01x | 2.32x | Rs-13.02 Million |
| 2011 | 9.57% | 3.25% | 1.03x | 2.87x | Rs-1.94 Million |
| 2012 | 23.67% | 5.95% | 1.32x | 3.02x | Rs81.48 Million |
| 2013 | 25.51% | 6.84% | 1.21x | 3.09x | Rs119.50 Million |
| 2014 | 0.54% | 0.29% | 0.60x | 3.07x | Rs-74.81 Million |
| 2015 | -30.88% | -23.38% | 0.35x | 3.74x | Rs-244.91 Million |
| 2016 | 0.18% | 0.10% | 0.62x | 3.06x | Rs-70.54 Million |
| 2017 | 4.00% | 2.21% | 0.64x | 2.84x | Rs-44.50 Million |
| 2018 | 22.35% | 9.28% | 0.92x | 2.61x | Rs115.25 Million |
| 2019 | 21.73% | 8.10% | 1.39x | 1.93x | Rs134.79 Million |
| 2020 | 6.77% | 4.17% | 0.97x | 1.67x | Rs-38.12 Million |
| 2021 | 9.34% | 7.86% | 0.80x | 1.49x | Rs-8.56 Million |
| 2022 | 21.25% | 11.21% | 1.07x | 1.76x | Rs176.16 Million |
| 2023 | 32.77% | 15.19% | 1.52x | 1.42x | Rs490.04 Million |
| 2024 | 27.82% | 18.72% | 1.24x | 1.20x | Rs480.40 Million |
| 2025 | 22.16% | 19.19% | 0.97x | 1.19x | Rs396.11 Million |
Industry Comparison
This section compares Steelcast Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $56,981,137
- Average return on equity (ROE) among peers: 11.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Steelcast Limited (STEELCAS) | Rs3.60 Billion | 47.52% | 0.14x | $316.75 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $4.99 Billion | 10.25% | 2.32x | $2.44 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $155.16 Million | 43.49% | 4.18x | $5.72 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $4.61 Billion | 15.96% | 1.74x | $501.93 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $-1.62 Billion | 0.00% | 0.00x | $38.63 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $222.58 Million | 9.47% | 2.22x | $164.68 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.96 Billion | 0.00% | 0.00x | $111.23 Million |
| Grand Foundry Limited (GFSTEELS) | $-32.83 Million | 0.00% | 0.00x | $4.07 Million |
| Goodluck India Limited (GOODLUCK) | $978.14 Million | 20.56% | 2.88x | $451.00 Million |
| Godawari Power And Ispat limited (GPIL) | $2.07 Billion | 26.10% | 1.64x | $2.08 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $152.16 Million | -10.33% | 2.30x | $111.44 Million |
About Steelcast Limited
Steelcast Limited manufactures and sells steel and alloy castings in India. The company offers adapter and tooth point, front axle spindle, axle housing, component for backhoe loader, track shoe, cross member, tilt lever, spindle, sprocket, steering case, lift arm, drive tube, saddle, and support; apron pan assembly, cutting edge, idler, rack and pinion, fork type corner tooth, box type tooth poi… Read more