Magna Electro Cast Peer Comparison

BSE: 517449

₹1,421.25

₹25.65 (1.84%)

As on 23-Sep-2026IST

Market cap

₹601 Cr

Revenue (TTM)

₹199 Cr

P/E Ratio

38.7

P/B Ratio

Div. Yield

0.4 %

Edit

	Magna Electro Cast	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Market cap (₹ Cr)	601	19,837	6,147	1,423	931
Revenue (₹ Cr)	199	1,642	1,175	197	1,338
Net Profit (₹ Cr)	15.54	327.40	267.96	14.58	41.07
Net Margin (%)	7.75	19.56	22.15	7.36	3.04
RoE (%)	10.95	16.02	18.85	15.04	7.07
Price to Earnings	38.70	60.59	22.94	97.61	22.68
Price-To-Book	4.04	8.97	3.70	13.22	1.55

Income Statement (₹ Cr)

	Magna Electro Cast	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Operating Revenue	198.73	1,641.96	1,174.89	196.92	1,337.59
Total Income	200.67	1,673.50	1,209.99	198.09	1,351.77
Total Expenditure	167.93	1,131.56	862.85	161.38	1,239.57
EBITDA	30.80	510.39	312.04	35.55	98.02
Depreciation	10.20	94.73	11.58	8.89	27.40
EBIT	20.60	415.67	300.46	26.66	70.63
Interest	1.25	11.23	18.82	6.31	29.77
Other Income	1.94	31.54	35.10	1.17	14.18
Exceptional Items	0.00	0.00	0.00	-0.53	0.00
Profit before Tax	21.29	435.98	316.74	20.99	55.03
Provision for Tax	5.74	108.57	48.78	6.42	13.96
Profit after Tax	15.54	327.40	267.96	14.58	41.07

	Magna Electro Cast	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Shareholder's Funds	145.00	2,128.13	1,594.52	102.61	596.64
Minority Interest	0.00	0.00	0.00	0.00	0.00
Non-Current Liabilities	15.00	48.99	32.17	26.99	87.96
Current Liabilities	33.93	455.69	224.09	86.97	511.39
Total Liabilities	194.92	2,632.81	1,850.78	216.57	1,198.70

	Magna Electro Cast	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Non-Current Assets	104.44	1,345.90	799.85	100.74	526.46
Current Assets	85.45	1,071.10	793.84	104.22	667.99
Total Assets	194.92	2,632.81	1,850.78	216.57	1,198.70
Total Debt*	14.25	329.62	126.72	70.10	257.19
Net Current Assets	51.53	615.41	569.75	17.25	156.60
Contingent Liabilities	0.41	28.49	--	0.12	1.80

	Magna Electro Cast	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Cash From Operating Activities	21.28	444.67	31.70	25.78	91.58
Cash Flow from Investing Activities	-19.25	-496.83	-353.96	-23.64	-10.91
Cash from Financing Activities	-0.43	64.93	314.84	-0.16	-76.18
Net Cash Inflow / Outflow	1.60	12.77	-7.42	1.98	4.49

	Magna Electro Cast	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
ROCE (%)	17.47	18.19	22.95	14.14	11.46
ROE (%)	10.95	16.02	18.85	15.04	7.07
ROA (%)	8.25	13.51	17.27	6.93	3.48
EBIT Margin (%)	10.37	25.32	25.57	13.54	5.28
Net Margin (%)	7.75	19.56	22.15	7.36	3.04
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	Magna Electro Cast	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Revenue Growth (%)	8.71	15.53	19.70	17.14	4.22
EBIT Growth (%)	-30.33	25.71	8.88	91.76	-0.86
Net Profit Growth (%)	-32.57	21.60	18.19	144.01	-1.85
EPS Growth (%)	-32.57	21.46	13.41	24.97	1.30
Book Value Growth (%)	12.14	15.29	65.50	12.43	7.91

	Magna Electro Cast	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Price / Earnings	38.70	60.55	21.85	95.30	22.68
Price / Book Value	4.04	8.97	3.70	13.22	1.55
Dividend Yield (%)	0.35	0.19	0.03	0.07	0.65
EV/EBITDA	19.48	38.94	19.82	41.89	11.26
Market Cap (₹ Cr)	377.93	10,924.40	4,688.81	502.91	994.84

	Magna Electro Cast	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Debt to Equity	0.08	0.00	0.01	0.17	0.06
Short term debt to equity ratio	--	0.15	0.07	0.47	0.32
Current Ratio	2.52	2.35	3.54	1.20	1.31
Quick Ratio	1.97	1.84	2.89	0.60	0.93
Interest Coverage	18.03	39.82	17.83	4.33	2.85

	Magna Electro Cast	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Debtors to sales (%)	22.09	24.04	36.18	19.96	26.63
Asset Turnover	1.06	0.68	0.76	0.94	1.13
Receivable days	91.07	96.31	123.99	78.34	95.62
Inventory Days	28.89	54.55	40.11	97.25	50.98
Payable days	157.62	30.27	46.57	198.36	161.66
Cash Conversion Cycle	-37.66	120.58	117.53	-22.77	-15.06

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.