Case study

STEELCAS

STEELCAST LIMITED

Mixed signals1y model +1.1%

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

53Score

STEELCAST LIMITED (STEELCAS) Stock Analysis & Case Study

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

STEELCAST LIMITED (STEELCAS) trades at ₹332,on the numbers it mixed signals, a Downstox Snapshot Score of 53/100.

On the numbers, STEELCAST LIMITED (STEELCAS) mixed signals, a Downstox Snapshot Score of 53/100, weighing premium at 37.0× earnings, ROE of 24.0%, a 51% 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.

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

Market cap
₹3,356 Cr
Current price
₹332
P/E ratio
37.0×
P/B ratio
8.51×
Book value
₹39
Dividend yield
0.52%
ROCE
32.3%
ROE
24.0%
Piotroski F-Score
5/8

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

We do not hold a debt-to-equity ratio figure for STEELCAS, as of 9 Aug 2026, so it is not ranked here.

Is STEELCAS overvalued? STEELCAS P/E vs peers

STEELCAS trades at 37.0× 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.

STEELCAS 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 STEELCAS history (32%/yr drift, 47%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
STEELCAS 2027₹182₹334₹614+1%
STEELCAS 2028₹141₹338₹806+2%
STEELCAS 2029₹120₹341₹975+3%
STEELCAS 2030₹101₹345₹1,174+4%
STEELCAS 2031₹91₹349₹1,334+6%

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

What is the probability STEELCAS goes up, or doubles?

51%
Higher in 1 year
Modelled chance the price is above today in 12 months
52%
Higher in 5 years
Modelled chance the price is above today in 5 years
27%
Doubles in 5 years
Modelled chance of reaching ₹661 within 5 years

The bull case for STEELCAS

  • STEELCAS's return on equity of 24.0% ranks in the 89th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • STEELCAS's return on capital employed of 32.3% ranks in the 94th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹975.

The bear case & risks

  • STEELCAS's P/E of 37.0x is lower than 37% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A steep 8.5× price-to-book means most of the value is intangible/expectations, not assets on the books.
  • High historical volatility (47%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹120.

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

Over the last 9.8 years STEELCAS compounded at 32%/year with annualized volatility of 47%. That volatility implies a 1-year 80% range of ₹182-₹614, the honest backbone behind any single price target.

STEELCAS 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)
1.1%
80% range₹182-₹614
P(price ↑)51%
P(price 2×)8%
3-Year Forecast
2029
₹0
Median (P50)
3.3%
80% range₹120-₹975
P(price ↑)52%
P(price 2×)21%
5-Year Forecast
2031
₹0
Median (P50)
5.6%
80% range₹91-₹1,334
P(price ↑)52%
P(price 2×)27%

STEELCAS price probability fan

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

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

Probability of key outcomes

What are the odds STEELCAS 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 STEELCAS price target & forecast page.

STEELCAS Piotroski F-Score: 5/8, how financially strong is it?

5/8

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. STEELCAS scores 5/8, mixed financial health.

STEELCAS MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy STEELCAS with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.55%2.8×
Zerodha50.00%2.0×
Groww35.65%2.8×
Dhan40.00%2.5×
Kotak Neo100.00%1.0×
Paytm Money35.65%2.8×
Pocketful50.00%2.0×
Fyers35.71%2.8×
Anand RathiCHEAPEST35.52%2.8×
Share India35.59%2.8×

Compare every broker on the STEELCAS MTF page.

About STEELCAST LIMITED: sector, index & market-cap context

STEELCAST LIMITED (STEELCAS) is a small-cap NSE-listed company, with a market capitalisation of ₹3,356 Cr. See more stocks on our screener.

How the STEELCAS Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of STEELCAST 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.

STEELCAS analysis, FAQs

Is STEELCAST LIMITED (STEELCAS) a good buy?

On the numbers, STEELCAST LIMITED (STEELCAS) mixed signals, a Downstox Snapshot Score of 53/100, weighing premium at 37.0× earnings, ROE of 24.0%, a 51% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is STEELCAS overvalued or undervalued?

STEELCAS trades at 37.0× earnings, premium versus the ~22× long-run Nifty average.

What is the STEELCAS share price target for 2031?

STEELCAS's probability-weighted 2031 median target is ₹349, with an 80% range of ₹91-₹1,334 (10,000-path Monte-Carlo).

What is the probability STEELCAS doubles in 5 years?

The modelled probability of STEELCAS reaching ₹661 (2×) within 5 years is 27%.

What is the bull case for STEELCAS?

STEELCAS's return on equity of 24.0% ranks in the 89th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. STEELCAS's return on capital employed of 32.3% ranks in the 94th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in STEELCAS?

STEELCAS's P/E of 37.0x is lower than 37% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 8.5× price-to-book means most of the value is intangible/expectations, not assets on the books. High historical volatility (47%/yr) means a wide, bumpy range of outcomes, size positions accordingly.

More on STEELCAS