Steelcast Limited Net Assets

Latest as of March 2026: Rs3.95 Billion INR ≈ $42.72 Million USD

Steelcast Limited net assets. Based on the latest financial reports, Steelcast Limited (STEELCAS) has net assets worth Rs3.95 Billion INR (≈ $42.72 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs4.60 Billion ≈ $49.77 Million USD) and total liabilities (Rs651.85 Million ≈ $7.05 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. Also explore STEELCAS net assets growth trend to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs3.95 Billion
% of Total Assets 85.84%
Annual Growth Rate 16.57%
5-Year Change 152.32%
10-Year Change 433.52%
Growth Volatility 15.37

Net Assets of Steelcast Limited (2006–2026)

Net assets of Steelcast Limited from 2006 to 2026. This chart illustrates how Steelcast Limited's net assets have evolved over time, based on quarterly financial data. See STEELCAS equity to assets ratio to measure how much of total assets are equity-financed.

Annual Net Assets for Steelcast Limited (2006–2026)

The table below shows the annual net assets of Steelcast Limited from 2006 to 2026. For live market cap and overall valuation, see Steelcast Limited stock valuation.

Year Net Assets Change
2026-03-31 Rs3.95 Billion
≈ $42.72 Million		 +21.22%
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 307712400000.0% over the analyzed period, indicating profitable operations and earnings retention.

Steelcast Limited Net Assets Breakdown (March 2026)

Steelcast Limited net assets breakdown by equity component as of March 2026.

Component Amount Percentage
Retained Earnings Rs3.08 Billion 77.90%
Common Stock Rs101.20 Million 2.56%
Other Comprehensive Income Rs580.25 Million 14.69%
Other Components Rs191.62 Million 4.85%
Total Equity Rs3.95 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
Fujian Oriental Silver Star Investment Co Ltd
SHG:600753
 $404.08 Million
JPP Holding Company Limited
TW:5284
 $404.10 Million
APAC Opto Electronics
TWO:4908
 $404.14 Million
Zota Health Care LImited
NSE:ZOTA
 $404.21 Million
Kocaer Celik Sanayi ve Ticaret A.S.
IS:KCAER
 $403.60 Million
Guangdong Dp Co Ltd
SHE:300808
 $403.41 Million
Shaanxi Kanghui Pharm Co Ltd
SHG:603139
 $403.39 Million
United States Antimony Corporation
NYSE MKT:UAMY
 $403.30 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 2025 to 2026, total equity changed from 3,258,740,000 to 3,950,188,000, a change of 691,448,000 (21.2%).
  • Net income of 868,587,000 contributed positively to equity growth.
  • Dividend payments of 173,052,000 reduced retained earnings.

Equity Change Factors (2025 to 2026)

Factor Impact Contribution
Net Income Rs868.59 Million +21.99%
Dividends Paid Rs173.05 Million -4.38%
Other Changes Rs-4.09 Million -0.1%
Total Change Rs- 21.22%

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: 9.46x
  • 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 144.44x to 9.46x 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 Rs369.15 x
2007-03-31 Rs3.85 Rs369.15 x
2008-03-31 Rs4.74 Rs369.15 x
2009-03-31 Rs5.17 Rs369.15 x
2010-03-31 Rs5.54 Rs369.15 x
2011-03-31 Rs5.71 Rs369.15 x
2012-03-31 Rs7.76 Rs369.15 x
2013-03-31 Rs9.05 Rs369.15 x
2014-03-31 Rs8.54 Rs369.15 x
2015-03-31 Rs6.58 Rs369.15 x
2016-03-31 Rs7.57 Rs369.15 x
2017-03-31 Rs7.33 Rs369.15 x
2018-03-31 Rs9.22 Rs369.15 x
2019-03-31 Rs11.36 Rs369.15 x
2020-03-31 Rs11.65 Rs369.15 x
2021-03-31 Rs12.72 Rs369.15 x
2022-03-31 Rs15.47 Rs369.15 x
2023-03-31 Rs21.27 Rs369.15 x
2024-03-31 Rs26.64 Rs369.15 x
2025-03-31 Rs32.20 Rs369.15 x
2026-03-31 Rs39.02 Rs369.15 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): 21.99%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 20.53%
  • • Asset Turnover: 0.92x
  • • Equity Multiplier: 1.17x
  • Recent ROE (21.99%) is above the historical average (16.70%), 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
2026 21.99% 20.53% 0.92x 1.17x Rs473.57 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: $1,040,938,729
  • Average return on equity (ROE) among peers: 0.53%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Steelcast Limited (STEELCAS) Rs3.95 Billion 47.52% 0.17x $404.01 Million
Ankit Metal & Power Limited (ANKITMETAL) $-7.34 Billion 0.00% 0.00x $3.13 Million
APL Apollo Tubes Limited (APLAPOLLO) $18.33 Billion 19.65% 0.85x $6.46 Billion
Bansal Wire Industries Ltd (BANSALWIRE) $2.23 Billion 25.69% 2.12x $101.62 Million
Bedmutha Industries Limited (BEDMUTHA) $669.63 Million -78.16% 9.03x $37.49 Million
Bharat Wire Ropes Limited (BHARATWIRE) $1.40 Billion 1.17% 3.29x $117.24 Million
Electrotherm (India) Limited (ELECTHERM) $-10.82 Billion 0.00% 0.00x $81.89 Million
Grand Foundry Limited (GFSTEELS) $-56.35 Million 0.00% 0.00x $12.74 Million
Goodluck India Limited (GOODLUCK) $786.55 Million 20.98% 2.40x $184.94 Million
Godawari Power And Ispat limited (GPIL) $5.08 Billion 11.02% 1.22x $1.35 Billion
Hariom Pipe Industries Limited (HARIOMPIPE) $133.09 Million 4.92% 1.35x $109.68 Million

About Steelcast Limited

NSE:STEELCAS India Steel
Market Cap
$404.01 Million
Rs37.36 Billion INR
Market Cap Rank
#12988 Global
#649 in India
Share Price
Rs369.15
Change (1 day)
+1.30%
52-Week Range
Rs182.36 - Rs377.20
All Time High
Rs1247.70
Categories
Companies in India Steel
About

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