Electrosteel Castings Ltd (ELECTCAST) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Electrosteel Castings Ltd on NSE and BSE, with an AI summary of each filing.
CFO Certificate pursuant to SEBI Master Circular No. SEBI /HO/DDHS/Pod1/P/CIR/2024/54 dated May 22, 2024 certifying that proceeds of Commercial Paper are used for the pusposes as disclosed ....
Others (Uncategorized) · 12 Oct 2026, 10:44 pm
Electrosteel Castings Submits Q2 FY27 Commercial Paper Fund Utilization Compliance Electrosteel Castings Limited submitted its CFO certificate to BSE on 12th Oct'26 under SEBI Master Circular regulations for Commercial Paper (CP) listings. CFO Rajesh Daga confirmed that CP proceeds raised during the quarter ended 30th Sep'26 were deployed strictly for purposes disclosed in the respective offer documents. Additionally, the company certified adherence to all applicable listing conditions and regulatory requirements specified under Chapter XVII of the circular.
CFO Certificate pursuant to the SEBI Master Circular No. SEBI/HO/DDHS/Pod1/P/CIR/2024/54 dated May 22, 2024 certifying that proceeds of Commercial Paper are used for the Purposes as disclosed ....
Others (Uncategorized) · 12 Oct 2026, 10:32 pm
Electrosteel Castings Submits Commercial Paper Utilization Certificate for Q2 FY27 Electrosteel Castings Limited submitted its Chief Financial Officer (CFO) certificate to BSE for the quarter ended 30th Sep'26, in compliance with SEBI Master Circular regulations for Commercial Paper (CP) listings. The company certified that proceeds from Commercial Papers issued during the quarter were fully utilized for the specific purposes disclosed in the offer documents. Furthermore, the company confirmed adherence to all listing conditions specified under Chapter XVII of the SEBI framework.
Redemption of Commercial Paper
Others (Uncategorized) · 08 Oct 2026, 10:44 pm
Electrosteel Castings Redeems Commercial Paper Worth Rs 100 Crore Electrosteel Castings Limited has fully redeemed and repaid commercial paper (ISIN: INE086A14899, Scrip Code: 732075) amounting to Rs 100 crore. The scheduled maturity and actual payment took place on 8th Oct'26, in compliance with SEBI operational circular guidelines following the prior record date intimation on 24th Sep'26. The redeemed instrument was listed on the BSE.
Submission of Disclosure received by the Company under Regulation 7(2) of SEBI (PIT) Regulations, 2015.
Others (Uncategorized) · 01 Oct 2026, 10:00 pm
Electrosteel Castings Promoter Group Acquires 4.39% Stake for Rs 194.95 Crore Electrosteel Castings Limited reported that seven promoter group entities and individuals—including Mayank Kejriwal, Asha Kejriwal, Wilcox Merchants, and Tulsi Highrise—acquired a cumulative 2,71,42,650 equity shares (~4.39% equity) via open market purchases on the NSE between 28th Sep'26 and 29th Sep'26 for a total value of Rs 194.95 cr. Key increases in post-acquisition shareholding include Mayank Kejriwal rising to 2.99%, Wilcox Merchants to 1.30%, Tulsi Highrise to 1.22%, and Asha Kejriwal to 1.20%.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Wilcox Merchants Pvt Ltd & Others
Acquisition/ Disposal of Shares · 30 Sept 2026, 10:18 pm
Promoter Group Increases Stake in Electrosteel Castings by 5.00% via Open Market Wilcox Merchants Pvt Ltd and PACs within the Promoter Group acquired 3,08,88,721 equity shares (a 5.00% stake) of Electrosteel Castings Ltd through open-market transactions between 20th Mar'26 and 29th Sep'26. This acquisition raised the Promoter and PAC holding from 30,61,79,231 shares (49.53%) to 33,70,67,952 shares (54.53%) of the total voting capital. The total equity share capital remained unchanged at 61,81,84,591 shares of ₹1 face value, crossing majority promoter control.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Belgrave Investment Fund
Acquisition/ Disposal of Shares · 30 Sept 2026, 8:44 pm
Belgrave Investment Fund Sells 4.68% Stake in Electrosteel Castings Non-promoter entity Belgrave Investment Fund offloaded 28,910,695 equity shares, representing a 4.6767% stake in Electrosteel Castings Limited, via an open market transaction on 28th Sep'26. Following this disposal, the fund's equity holding in the company significantly decreased from 33,810,361 shares (5.4693% voting capital) to 4,899,666 shares (0.7926% voting capital) out of a total diluted share capital base of 618,184,591 shares.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Belgrave Investment Fund
Acquisition/ Disposal of Shares · 30 Sept 2026, 8:19 pm
Belgrave Investment Fund Sells 4.68% Stake in Electrosteel Castings Belgrave Investment Fund sold 28,910,695 equity shares, representing a 4.6767% stake, in Electrosteel Castings Ltd via open market transactions on 28th Sep'26. Prior to the disposal, the non-promoter fund held 33,810,361 shares, or 5.4693% of the total diluted voting capital. Following the sale, Belgrave Investment Fund's residual shareholding stands reduced to 4,899,666 equity shares, representing 0.7926% of the company's total equity base of 618,184,591 shares.
Pursuant to Regulation 30 of SEBI (LODR) Reg, 2015, Intimation w.r.t. Investors Meeting to be held on 29 September 2026.
Intimation · 23 Sept 2026, 10:29 pm
Electrosteel Castings Schedules Virtual Investor Interaction for 29th Sep'26 Electrosteel Castings Limited announced an interaction with investors and analysts scheduled for 29th Sep'26 from 4:00 PM to 5:00 PM. The company will participate in a virtual group meeting at the "Bharat Connect Conference: Rising Stars - September 2026." Management will refer to its publicly available Q1 FY27 investor presentation during the session, and confirmed that no unpublished price-sensitive information will be discussed.
Arabian Water Tech LLC has become a subsidiary of the Company.
Others (Uncategorized) · 19 Sept 2026, 6:34 pm
Electrosteel Castings Completes 70% Acquisition of Oman-Based Arabian Water Tech LLC Electrosteel Castings Limited completed the acquisition of a 70% equity stake in Oman-based Arabian Water Tech LLC for OMR 21,000, following board approval granted on 10th Nov'25. The company acquired 14,000 equity shares with a face value of OMR 1 each from Arabian (DIFC) SPC1 Limited and Arabian (DIFC) SPC2 Limited. Following the payment remittance and receipt of share certificates, Arabian Water Tech LLC has officially become a subsidiary of Electrosteel Castings as of 19th Sep'26.
Submission of Voting Results of the 71st AGM held on 31 August, 2026 along with Scrutinizers Report.
Annual General Meeting · 01 Sept 2026, 10:35 pm
Proceedings of the 71st AGM of the Company held on 31 August, 2026.
Annual General Meeting · 31 Aug 2026, 11:17 pm
Pursuant to Regulation 30 of SEBI (LODR) Reg, 2015, Intimation w.r.t. Investors Meeting to be held on 03 September 2026.
Intimation · 27 Aug 2026, 11:03 pm
Electrosteel Castings Announces Investor Meetings at Elara India Dialogue 2026 Electrosteel Castings (ELECTCAST) will engage in one-on-one and group meetings with investors and analysts on 03 Sep'26, from 10 AM to 3 PM. The interaction is part of the Ashwamedh - Elara India Dialogue 2026 held at the Grand Hyatt, Mumbai. Discussions will be based on the publicly available Q1 FY27 investor presentation. The company confirmed that no Unpublished Price Sensitive Information (UPSI) will be disclosed during these sessions. The schedule is subject to potential changes.
Transcript of Earnings Call held on 07 August, 2026
Transcript · 12 Aug 2026, 11:28 pm
Disclosure regarding resignation of Senior Management Personnel.
Change in Management · 12 Aug 2026, 10:25 pm
Electrosteel Castings: Senior Management Personnel Resigns Mr. Manoj Kumar Thakur, President of Growth, Business Control and Coal, has resigned from Electrosteel Castings Limited, effective 12 Aug'26. The company cited personal reasons for his departure. Mr. Thakur, who was a Senior Management Personnel, confirmed there are no other material reasons for his resignation. This executive change represents a notable departure from a key strategic role within the company's senior leadership team. The company has filed the required disclosures with the exchanges.
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Audio Link of Conference Call held on 07 August, 2026.
Audio / Video · 07 Aug 2026, 11:35 pm
Electrosteel Castings Publishes Q1 FY27 Earnings Call Recording Electrosteel Castings (ELECTCAST) has released the audio recording of its investor conference call held on 07 Aug, 2026. The call, which took place at 4:00 PM IST, was convened to discuss the company's Q1 FY27 financial earnings results. This disclosure is compliant with SEBI's Regulation 30, providing stakeholders access to management's discussion and analysis of the quarterly performance. The official recording link has been provided to the stock exchanges for public access.
This is to inform that Mr. Rajesh Daga has been appointed as the Chief Financial Officer of the Company.
Change in Management · 07 Aug 2026, 9:23 pm
Electrosteel Castings Appoints New CFO and Reports Q1 FY27 Results Electrosteel Castings board on 07 Aug'26 approved Q1 FY27 results and key management changes. Consolidated profit fell 45.7% YoY to ₹4,836.67 lakhs on an 8.4% YoY revenue decline to ₹142,556.96 lakhs. The board approved Rajesh Daga's appointment as CFO effective 11 Aug'26, following Ashutosh Agarwal's resignation. The company also approved manufacturing rubber products for Indian Railways, expanding its product line. Auditors issued a qualified conclusion on the financial results, citing pending matters related to a cancelled coal block and investments in ESL Steel Limited.
Financial Result for the Quarter ended 30 June, 2026
Financial Result · 07 Aug 2026, 9:13 pm
Electrosteel Castings Appoints New CFO and Approves Q1FY27 Results Electrosteel Castings board approved Q1FY27 results on 07 Aug'26. The company appointed Rajesh Daga as CFO effective 11 Aug'26, following the resignation of Ashutosh Agarwal. For Q1FY27 (Consolidated), PAT was Rs 4,837 lakhs, down 45.7% YoY but up 202.5% QoQ. Revenue from operations stood at Rs 1,42,557 lakhs, a decrease of 8.5% YoY and 4.5% QoQ. The board also approved manufacturing various rubber products for Indian Railways, expanding its product line for the railway sector.
Presentation for Q1 FY27 Earnings.
Investor Presentation · 07 Aug 2026, 8:52 pm
Electrosteel Castings Reports Q1 FY27 Results Amid Diversification Push Electrosteel Castings' Q1 FY27 consolidated revenue fell 8.5% YoY to ₹1,426 Cr, with EBITDA at ₹139 Cr, down 29.8% YoY. EBITDA margin contracted 300bps YoY to 9.5%. Consolidated PAT declined 45.7% YoY to ₹48 Cr. The performance reflects industry headwinds from slower fund releases for water projects. The company is diversifying into valves and industrial paints, targeting ₹800-1,000 Cr revenue from paints over five years. It also plans to double valve revenues in four years, post the Jul'25 acquisition of T.I.S. Services.
Press Release on Unaudited Financial Results for the quarter ended 30 June, 2026.
Press Release · 07 Aug 2026, 8:43 pm
Electrosteel Castings Q1FY27 Net Profit Plummets 45.7% Amid Subdued Demand Electrosteel Castings reported a weak Q1FY27, with consolidated PAT declining 45.7% YoY to INR 48 Crores. Total income fell 7.6% YoY to INR 1,465 Crores due to subdued demand from lower government spending on water infrastructure. EBITDA dropped 29.8% YoY to INR 139 Crores, with margins contracting by 300bps to 9.5%. On a QoQ basis, while PAT grew 202.5%, revenue declined 4.3%. The company noted a 19% QoQ drop in DI, Fittings, and CI pipe sales volumes to 1.20 lakh tons.
Outcome of the Board Meeting
Outcome · 07 Aug 2026, 8:37 pm
Electrosteel Castings Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lakh) ■ Revenue: 1,42,557 (-8.5% YoY | -4.5% QoQ) ■ EBITDA: 10,000 (-41.3% YoY | +61.8% QoQ) ■ EBITDA Margin (%): 7.0 (-391 bps YoY | +288 bps QoQ) ■ PAT: 4,832 (-45.7% YoY | +202.4% QoQ) ■ EPS (INR): 0.78 (-45.8% YoY | +200.0% QoQ)
Business Responsibility and Sustainability Report for the FY 2025-26
Others (Uncategorized) · 05 Aug 2026, 8:51 pm
Electrosteel Castings FY26 BRSR Highlights Key Financial and Operational Metrics Electrosteel Castings' FY26 manufacturing of pipes/fittings contributed 75.75% to turnover, with ferro products adding 24.25%. Exports accounted for 22% of total turnover. The company increased its environmental capex to 15.81% from 1.73% in FY25. For FY26, total Scope 1 & 2 GHG emissions were 1,901,786 MT CO2e, a decrease from FY25's 2,404,825 MT CO2e. Energy intensity rose slightly to 36.78 per lakh of turnover from 34.00 YoY. Accounts payable days increased to 39 from 31 in the prior year.
Annual Report for the FY 2025-26
Others (Uncategorized) · 05 Aug 2026, 8:27 pm
This is to inform, that the Cut-off date for remote evoting and e-voting at the AGM shall be 24 August, 2026 and record date for dividend shall be 14 August, 2026.
Dividend · 05 Aug 2026, 8:17 pm
Submission of the Annual Report of the Company for the FY 2025-26 along with the Notice of the 71st AGM to be held on 31 August, 2026.
Annual General Meeting · 05 Aug 2026, 8:10 pm
A Conference Call is scheduled to be held at 4.00 pm IST on Friday, 07 August, 2026 to discuss Q1 FY27 Earnings of the Company.
Intimation · 07 Aug 2026, 4:00 pm
Electrosteel Castings Schedules Q1 FY27 Earnings Conference Call Electrosteel Castings Limited (NSE: ELECTCAST) announced an earnings conference call to discuss its Q1 FY27 financial results. The call is scheduled for 4:00 PM IST on Fri, 07 Aug '26. Key management representatives, including Whole-time Directors Mr. Madhav Kejriwal and Mr. Sunil Katial (CEO), along with the CFO and other senior management, will be present. The call is hosted by E&Y.