Case study

ELECTCAST

Electrosteel Castings Limited

Tread carefully1y model +0.5%

Each stock's 10,000-path forecast, rendered as light.

34Score

Electrosteel Castings Limited (ELECTCAST) Stock Analysis & Case Study

Is ELECTCAST a good buy? The data-driven verdict.

Electrosteel Castings Limited (ELECTCAST) trades at ₹72,on the numbers it tread carefully, a Downstox Snapshot Score of 34/100.

On the numbers, Electrosteel Castings Limited (ELECTCAST) tread carefully, a Downstox Snapshot Score of 34/100, weighing premium at 28.0× earnings, ROE of 3.0%, a 50% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

ELECTCAST fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹4,450 Cr
Current price
₹72
P/E ratio
28.0×
P/B ratio
0.75×
Book value
₹96
Dividend yield
1.25%
ROCE
5.0%
ROE
3.0%
Piotroski F-Score
4/8

How ELECTCAST ranks against the 2,373 companies in our screener

Is ELECTCAST overvalued? ELECTCAST P/E vs peers

ELECTCAST trades at 28.0× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

ELECTCAST share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of ELECTCAST history (12%/yr drift, 48%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
ELECTCAST 2027₹39₹72₹136+1%
ELECTCAST 2028₹30₹73₹176+1%
ELECTCAST 2029₹25₹73₹213+2%
ELECTCAST 2030₹22₹73₹250+2%
ELECTCAST 2031₹19₹74₹293+3%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability ELECTCAST goes up, or doubles?

50%
Higher in 1 year
Modelled chance the price is above today in 12 months
51%
Higher in 5 years
Modelled chance the price is above today in 5 years
26%
Doubles in 5 years
Modelled chance of reaching ₹144 within 5 years

The bull case for ELECTCAST

  • Low price-to-book of 0.75×, the market is paying little over the company's net assets.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹213.

The bear case & risks

  • ELECTCAST's P/E of 28.0x is lower than 49% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • ELECTCAST's return on equity of 3.0% ranks in the 23rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • High historical volatility (48%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹25.

ELECTCAST volatility & expected range, how bumpy is the ride?

Over the last 9.8 years ELECTCAST compounded at 12%/year with annualized volatility of 48%. That volatility implies a 1-year 80% range of ₹39-₹136, the honest backbone behind any single price target.

ELECTCAST price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
0.5%
80% range₹39-₹136
P(price ↑)50%
P(price 2×)8%
3-Year Forecast
2029
₹0
Median (P50)
1.5%
80% range₹25-₹213
P(price ↑)51%
P(price 2×)21%
5-Year Forecast
2031
₹0
Median (P50)
2.6%
80% range₹19-₹293
P(price ↑)51%
P(price 2×)26%

ELECTCAST price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
ELECTCAST simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds ELECTCAST hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the ELECTCAST price target & forecast page.

ELECTCAST Piotroski F-Score: 4/8, how financially strong is it?

4/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. ELECTCAST scores 4/8, mixed financial health.

ELECTCAST MTF margin & leverage across 11 brokers

Margin Trading Facility lets you buy ELECTCAST with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox37.55%2.7×
ZerodhaCHEAPEST37.50%2.7×
Groww37.75%2.6×
DhanCHEAPEST37.50%2.7×
Kotak Neo37.59%2.7×
Paytm Money37.90%2.6×
Pocketful38.31%2.6×
Fyers50.00%2.0×
Anand RathiCHEAPEST37.50%2.7×
Bajaj Broking45.00%2.2×
Share India37.71%2.7×

Compare every broker on the ELECTCAST MTF page.

About Electrosteel Castings Limited: sector, index & market-cap context

Electrosteel Castings Limited (ELECTCAST) is a small-cap NSE-listed company, with a market capitalisation of ₹4,450 Cr. See more stocks on our screener.

How the ELECTCAST Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Electrosteel Castings Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

ELECTCAST analysis, FAQs

Is Electrosteel Castings Limited (ELECTCAST) a good buy?

On the numbers, Electrosteel Castings Limited (ELECTCAST) tread carefully, a Downstox Snapshot Score of 34/100, weighing premium at 28.0× earnings, ROE of 3.0%, a 50% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is ELECTCAST overvalued or undervalued?

ELECTCAST trades at 28.0× earnings, premium versus the ~22× long-run Nifty average.

What is the ELECTCAST share price target for 2031?

ELECTCAST's probability-weighted 2031 median target is ₹74, with an 80% range of ₹19-₹293 (10,000-path Monte-Carlo).

What is the probability ELECTCAST doubles in 5 years?

The modelled probability of ELECTCAST reaching ₹144 (2×) within 5 years is 26%.

What is the bull case for ELECTCAST?

Low price-to-book of 0.75×, the market is paying little over the company's net assets.

What are the risks in ELECTCAST?

ELECTCAST's P/E of 28.0x is lower than 49% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. ELECTCAST's return on equity of 3.0% ranks in the 23rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. High historical volatility (48%/yr) means a wide, bumpy range of outcomes, size positions accordingly.

More on ELECTCAST