Simplex Castings Ltd

Simplex Castings Ltd (SIMPLEXCAS) is a micro-cap Capital Goods company valued at ₹533 crore operating in Other Industrial Products on the NSE and BSE.

Recent price move

Simplex Castings Ltd last traded at ₹122.9, sharply down 5.43% on the day.

Recent developments

On 2026-08-04, Simplex Castings secured a ₹7.08 crore order from Rashtriya Ispat Nigam, contributing to a 66% year-over-year jump in Q4 net profit. This order strengthens the company's position in the domestic market and supports its growth trajectory.

Financial performance

The company's business has improved significantly, with annual revenue rising 41.0% and net profit surging 650.0% year-over-year. The latest quarter shows continued growth, with revenue up 34.8% and net profit up 44.7% compared to the same quarter a year earlier. Margins have expanded sharply, with the net profit margin jumping 7.1 percentage points to 8.7%, while return on equity and return on capital employed remain strong at 26.8% and 24.0%, respectively.

Valuation multiples

The stock trades at 29.3 times earnings, 3.83 times book value.

Things to watch

The stock is 79.2% below its 52-week high, indicating a significant drop from recent peak levels. The company's debt to equity ratio stands at 1.38, reflecting a moderate level of leverage. Promoter holding remains at 50.36%, with no recent changes reported.

Where it stands

Simplex Castings Ltd has delivered strong growth in both revenue and net profit, with the latest quarter showing robust year-over-year improvements. The company's net profit margin has expanded significantly, and its return metrics remain healthy. The stock is currently trading well below its 52-week high, but the company's fundamentals show positive momentum.

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.