Electrosteel Castings Limited — PPTs, 31-01-2025: Investor Presentation

Total income for the quarter stood at INR 1,816 Crore, reflecting a 4.0% decline from the previous year, attributed to lower volumes due to the MBF shutdown at the South West unit. EBITDA decreased significantly by 31.5% YoY to INR 294 Crore, with an EBITDA margin of 16.2%. Profit After Tax (PAT) was reported at INR 160 Crore, down 39.2% YoY, with a PAT margin of 8.8%. Despite this, the company reported a revenue increase of 2.9% for the nine-month period compared to the previous year, reaching INR 5,701 Crore.

From a balance sheet perspective, total equity grew to INR 5,439 Crore, supported by solid cash flows and reduced debt levels. The firm's strategic focus on ductile iron pipes aligns with robust demand prospects fueled by government initiatives around water infrastructure, including the Jal Jeevan Mission and AMRUT 2.0, which are expected to enhance market opportunities. Investors should monitor these developments closely, as the company is well-positioned in the market with a strong brand and expanding capacity.