Magna Electro Castings logo

Magna Electro Castings share price

BSE: 517449Industrial ProductsSmall Cap

Last close ₹1,225.50down ₹48.45 (3.80%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹1,273.95.

52-week range of traded prices to 23 Oct 2026
₹706.00Low, 2 Feb 2026₹1,600.00High, 24 Sep 2026
Market cap
₹519 Cr1,945th largest listed
P/E
33.4
P/B
3.6
Dividend yield
0.41%
ROE
11.3%
ROCE
12.9%
Debt to equity
0.10
Volume, BSE
13,519

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

+22.5%over a year · Nifty 500 −9.8%

Dividend20-session average 3,030 shares a day

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 13 Aug

Revenue
₹51 Crup 6.73%
Net profit
₹3.73 Crup 40.23%
Net margin
7.3%

Revenue by year

Peak revenue ₹196 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 8 NovDec 2024Filed 5 FebMar 2025Filed 13 JunJun 2025Filed 14 AugSep 2025Filed 13 NovDec 2025Filed 11 FebMar 2026Filed 28 MayJun 2026Filed 13 Aug
Revenue45.643.145.548.552.348.047.650.8
Net profit6.74.94.86.75.43.82.73.7
Net margin14.7%11.3%10.6%13.7%10.3%7.8%5.6%7.3%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Manufacture and sale of castings, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 98% of 2,154 trading days since Jun 2017.

LowestHighest
Its median12.8Industry median21.9
Price to book

At or below today's level on 91% of 1,829 trading days since Nov 2018.

LowestHighest
Its median1.8Industry median2.6
EV to EBITDA16.8

At or below today's level on 97% of 1,829 trading days since Nov 2018.

LowestHighest
Its median7.0Industry median24.9
Dividend yield

At or below today's level on 8% of 2,454 trading days over the last 10 years.

LowestHighest
Its median0.80%Industry median0.55%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+1.1%−20.1%+25.8%0.6%
3 years+48.3%+2.6%+43.8%0.8%
5 years+40.0%+29.0%+7.8%0.9%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters53.66%
  • Indian institutions0.02%
  • Individuals and others46.32%
Holder
N KRISHNASAMARAJ HUFPromoter18.19%
MUTHULAKSHMI NPromoter10.68%
AJEYA VEL NARAYANASWAMYPromoter8.58%
NIVEDITA LAKSHMI NARAYANASWAMYPromoter5.43%
RANGANAYAKI NPromoter5.32%
Investor Education and Protection Fund Authority Ministry of Corporate AffairsInvestor education fund2.64%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Castings & Forgings, 30 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Magna Electro Castings in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Nelcast logoNelcastNELCAST1,03725.21.712.3+4.2%−1.9%7.1%8.2%0.59%
Synergy Green Industries logoSynergy Green IndustriesSGIL890–8.034.4−2.5%−151.0%−8.1%1.9%0.00%
Neetu Yoshi logoNeetu YoshiNEETUYOSHI85034.06.227.5+39.3%+52.0%27.5%20.2%0.00%
Tirupati Forge logoTirupati ForgeTIRUPATIFL841137.86.352.5+42.3%−8.4%5.1%5.0%0.00%
Metalic TechnoforgeMETALIC347–––––––0.00%
Kalyani Forge logoKalyani ForgeKALYANIFRG26221.12.711.2−2.8%+32.2%13.4%11.0%0.56%
Nitin Castings logoNitin CastingsNITINCAST22429.42.424.9−5.2%−46.3%8.7%6.7%0.00%
Munish Forge logoMunish ForgeMUNISH19319.11.510.8––8.0%9.6%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹6.00 a share, year to Mar 2025.
Ex-dateTypePer share
2 Sep 2026Final₹5.00
28 Aug 2025Final₹6.00
9 Aug 2024Final₹5.00
18 Aug 2023Final₹3.00
18 Aug 2022Final₹2.50
15 Sep 2021Final₹1.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Magna Electro Castings share price by year

Each calendar year to 2025.Magna Electro Castings share price history

YearClose at year endChangeHighest closeLowest close
2025893.75−0.5%1,343.00744.80
2024898.00+87.2%1,260.90402.45
2023479.60+26.2%572.55264.80
2022379.95+95.1%424.50153.95
2021194.70+10.2%194.70152.30
2020176.75+2.9%180.35100.70
2019171.85−9.3%200.00151.65
2018189.55−24.7%249.65141.95
2017251.60+74.5%257.75149.70
2016144.15−4.7%218.40106.40
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
23 Oct 20261,439.951,439.951,201.001,225.501,241.6213,519
22 Oct 20261,339.801,339.801,251.701,273.951,292.52282
21 Oct 20261,350.001,370.001,293.301,300.651,325.87909
19 Oct 20261,327.301,398.801,327.301,367.601,362.30365
16 Oct 20261,376.001,397.001,347.001,365.751,374.70816
15 Oct 20261,396.801,420.001,360.001,389.901,398.411,208
14 Oct 20261,250.201,434.951,220.001,396.801,351.6716,378
13 Oct 20261,285.001,285.001,235.001,256.701,266.01106
12 Oct 20261,241.001,250.001,204.251,218.201,226.54339
9 Oct 20261,238.701,271.501,232.001,241.601,242.42224
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Magna Electro Castings Ltd.
BSE code
517449
ISIN
INE437D01010
Industry
Industrial Products
Listed
Aug 1994
Face value
₹10
CIN
L31103TZ1990PLC002836
Corporate identity number, the registrar of companies' code for it