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Magna Electro Castings Ltd

MAGNAELQ·BSE·
₹1,370.00▲ +4.25 (+0.31%)
Market Cap578.78 Cr
PE Ratio31.39
Volume365
Day High - Low1398.80 - 1327.30
52W High-Low1600.00 - 706.00

Magna Electro Castings Ltd (MAGNAELQ): company summary

Revenue rose 11.3% annually, but the latest quarter saw revenue increase 4.7% compared to the same quarter a year earlier.

Magna Electro Castings Ltd (MAGNAELQ) is a micro-cap Industrial Products company valued at ₹579 crore operating in Castings & Forgings on the NSE and BSE.

Recent price move
Magna Electro Castings Ltd last traded at ₹1,370, modestly up 0.31% on the day.
Financial performance
Revenue rose 11.3% annually, but the latest quarter saw revenue increase 4.7% compared to the same quarter a year earlier. Net profit fell 20.1% annually, while the latest quarter reported a net profit drop of 44.0% compared to the same quarter a year earlier. The net profit margin narrowed 3.7 percentage points to 9.4%.
Valuation multiples
The stock trades at 31.4 times earnings, 4.15 times book value. It yields 0.3%.
Things to watch
Net profit fell 20.1% annually and dropped 44.0% in the latest quarter compared to the same quarter a year earlier. The net profit margin narrowed 3.7 percentage points to 9.4%. The stock is 14.6% below its 52-week high.
Where it stands
The company's annual revenue rose 11.3% but net profit fell 20.1%. The latest quarter saw revenue increase 4.7% but net profit drop 44.0%. The stock is 14.6% below its 52-week high.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.

DocStoX Score
6.4/10
Fair
Fair Value
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ROE
12.74%
Average
P/E
31.39x
Fair
Debt / Equity
0.10
Low
Industry
Industrial Products
Castings & Forgings
Overall View
Mixed

Price performance

Day₹1327
₹1399
52W₹706.00
₹1600
DocStoX take

Supported by growth (8.9) and risk (8.0), but held back by valuation (2.1). Growth looks strong at 8.9, but that is offset by valuation at 2.1. We are calling it Mixed rather than resolving the conflict for you.

DocStoX score

Low confidence
6.4
/10
Fair
Quality
Solid
ROE 12.7%
Valuation
Expensive
P/E 31.4×
Growth
Strong
Revenue +14.9% 5Y CAGR
Risk
Low risk
D/E 0.10
Momentum
Strong
74% of 52-week range

At a glance

Market Cap
₹579 Cr
52W High / Low
₹1600 / ₹706
Dividend Yield
0.35%
Promoter Holding
53.66%
EPS (TTM)
₹43.65
Book Value
₹342.62

Key highlights

  • Low leverage — D/E 0.10
  • Profit compounding 30% a year
  • Profitable in all of the last 5 years
  • Valuation is weak (2.1/10)
  • Small ₹579 cr company — thinner liquidity
3 Positives2 Watchouts

Growth

Financials

Shareholding

Technicals

Peers

News

Forecasts

About the company

More data

Filings, corporate actions and ownership detail — opened on demand.

More Industrial Products stocks · Castings & Forgings

Magna Electro Castings Ltd peers in Industrial Products

Other Industrial Products stocks on the NSE & BSE. See the full Industrial Products sector list.