Magna Electro Castings Ltd Stock Price Today (NSE: MAGNAELQ)

Magna Electro Castings Ltd

1084.30+14.30 (+1.34%)
Market Closed

Fundamental Score

...

Magna Electro Castings Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Magna Electro Castings Ltd share price today is 1084.30, up +1.34% on NSE/BSE as of 17 June 2026. Magna Electro Castings Ltd (MAGNAELQ) is a Small-cap company in the Castings & Forgings sector with a market capitalisation of 404.29 (Cr). The 52-week high for MAGNAELQ share price is 1375.00 and the 52-week low is 706.00. At a P/E ratio of 18.59x, MAGNAELQ is currently trading below its industry average P/E of 28.08x. The company has a Return on Equity (ROE) of 19.38% and a debt-to-equity ratio of 0.09.

Magna Electro Castings Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
1290.50
Low
1084.30
Volume
1.4K
Change
+5.08%

Magna Electro Castings Ltd share price chart: 5.08% return over the past month. 52-week high ₹1375.00, 52-week low ₹706.00.

Magna Electro Castings Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
1031.051075.001028.001055.102.25K (Cr)
1083.001083.001082.051082.054.33K (Cr)
1139.001139.001139.001139.00404.00 (Cr)
1198.901205.001197.001198.90991.00 (Cr)
1186.001205.001163.001205.00879.00 (Cr)
1204.951204.951127.051184.651.08K (Cr)
1150.001186.651150.001157.55664.00 (Cr)
1146.001192.951114.001154.00992.00 (Cr)
1118.801196.501118.801157.25346.00 (Cr)
1100.001180.001088.601158.60869.00 (Cr)

Magna Electro Castings Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
1083.001083.001028.001055.10-2.58%
1262.001270.001088.601139.00-9.75%
878.301290.50875.601238.60+41.02%
931.60970.00851.00893.00-4.14%
740.001041.00706.00979.40+32.35%
875.50913.00732.00742.60-15.18%
961.00990.00847.00893.75-7.00%
971.101064.95923.00960.70-1.07%
962.901024.50910.001006.15+4.49%
1210.001221.00940.00962.90-20.42%
1209.001270.001091.501153.40-4.60%
1240.001375.001152.051206.25-2.72%

AI Research Briefing

Powered by Gemini · 2026-04-15

Speculative micro-cap play on Indian manufacturing growth, but watch for liquidity and earnings risks.

Research Confidence
5.0/10Moderate
MICRO-CAP DARK HORSEConsolidation, 1M: -5.05%, 3M: -19.72%, 6M: -1.82%.Fair, P/E of 18.59x vs Industry P/E of 28.08x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

No major catalysts found after live search. Recent news indicates Magna Electro Castings invested akhs in a solar power expansion project. The company also approved annual operating and capital expenditure budgets for FY 2026-27.

CORE STORY (THE REAL GAME)

Why Now
  • Indian castings market growth
  • Automotive sector demand
  • Solar power investment
Potential Catalysts
  • Significant order wins
  • Earnings beat expectations
  • Acquisition by a larger player
Key Risks
  • Micro-cap liquidity risk
  • Negative free cash flow
  • YoY profit decline in latest quarter
Institutional Activity

No significant FII/DII activity reported.

Macro Context

Indian manufacturing sector growth provides a tailwind.

Cash Flow Quality

No, Free Cash Flow 5Y: ₹-3.9 Cr

3–6 Month Outlook

Growth dependent on Indian auto sector and infrastructure development. Monitor earnings and cash flow closely.

Primary Thesis Risk

Liquidity risk and earnings volatility can wipe out gains.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Good

Return on Equity (ROE)

19.38%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

25.07%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

14.89%

Average operating profit margin over 5 years

Dividend Yield

0.63%

Annual dividend as % of current share price

Magna Electro Castings Ltd Valuation Check

Excellent

Price to Earnings (P/E)

18.59x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

28.08x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

53.66%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.05%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-19.49%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

14.66%

Revenue growth vs same quarter last year

Good

Revenue Growth (5-Year CAGR)

12.87%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

30.18%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

28.12%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.09x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

58.02x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-3.90 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Magna Electro Castings Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of MAGNAELQ across key market metrics for learning purposes.

Positive Indicators

10 factors identified

Strong Return on Equity (19.38%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (25.07%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Attractive Valuation (P/E: 18.59 vs Industry: 28.08)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Consistent Growth Track Record (12.87% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (30.18% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (28.12% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.09)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (58.02x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (53.66%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

3 factors identified

Profit Decline Concern (-19.49%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Negative Free Cash Flow (₹-3.90 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 0.05%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

Magna Electro Castings Ltd vs Castings & Forgings Peers

Peer Comparison - Castings & Forgings

Compare Magna Electro Castings Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
61.9/100
1084
₹404.29
18.6
Average
19.38%
Good
25.07%
Excellent
0.1
Excellent
28.12%
Excellent
12.87%
Good
0.63%
54.1/100
4523
₹36025.37
32.0
Average
15.42%
Good
18.92%
Good
0.1
Excellent
13.23%
Good
7.62%
Good
0.42%
51.8/100
1428
₹9934.57
36.6
Average
15.46%
Good
19.17%
Good
0.1
Excellent
27.44%
Excellent
20.35%
Excellent
0.29%
51.4/100
452
₹7240.86
29.7
Average
25.38%
Excellent
31.26%
Excellent
0.1
Excellent
0.02%
72/100
270
₹2233.35
25.1
Average
24.24%
Excellent
32.94%
Excellent
0.0
Excellent
55.61%
Excellent
13.40%
Good
0.65%
56.5/100
1690
₹1843.35
73.1
Average
21.80%
Excellent
27.89%
Excellent
0.1
Excellent
116.81%
Excellent
55.08%
Excellent
0.00%
Nelcast Ltd...
NELCAST532864
28.4/100
142
₹973.07
26.5
Average
6.48%
Poor
9.55%
Poor
0.5
Good
-0.70%
Poor
17.17%
Excellent
0.45%
38.5/100
529
₹862.41
55.5
Average
21.88%
Excellent
20.85%
Excellent
1.8
Average
38.79%
Excellent
11.75%
Good
0.18%
52.2/100
509
₹509.30
68.2
Average
6.78%
Poor
9.59%
Poor
0.8
Good
59.53%
Excellent
11.64%
Good
0.10%
47.4/100
119
₹472.54
23.6
Average
51.01%
Excellent
46.01%
Excellent
0.1
Excellent
0.00%
53.2/100
45
₹410.25
76.5
Average
9.99%
Poor
12.37%
Average
0.2
Excellent
94.73%
Excellent
33.02%
Excellent
0.00%

Magna Electro Castings Ltd Quarterly Performance

Latest quarterly metrics for MAGNAELQ — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

14.66%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-19.49%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

12.87%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

28.12%

Compounded annual net profit growth over 5 years

Magna Electro Castings Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for MAGNAELQ — calculated from daily price history

51RSI 14
Neutral — RSI 51

Momentum is balanced — neither overbought nor oversold.

SMA 50
1053
▲ Price above SMA 50 — Short-term bullish
SMA 200
1001
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
2K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Magna Electro Castings Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Magna Electro Castings Ltd (MAGNAELQ) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Magna Electro Castings Ltd

About MAGNAELQ (Magna Electro Castings Ltd)

Magna Electro Castings Ltd is a prominent manufacturer specializing in high-quality castings and forgings, serving a diverse range of industries both within India and across the gl...obe. The company prides itself on its advanced metallurgical expertise, consistently producing intricate and robust components that meet stringent performance requirements. Magna Electro Castings utilizes state-of-the-art casting techniques, alongside rigorous quality control measures, to ensure dimensional accuracy and superior material integrity. They are committed to innovation and sustainable practices, constantly refining their processes to minimize environmental impact while maximizing efficiency and delivering exceptional value to their clients. Their dedication to excellence and customer satisfaction has solidified their position as a trusted partner in the manufacturing sector. The company's extensive product portfolio showcases their versatility in handling various iron alloys, including ductile iron, grey iron, and specialized variants like SiMo and compacted graphite iron. This broad material capability allows them to cater to an extensive array of applications, spanning sectors such as automotive, hydraulics, and marine. Magna Electro Castings crafts critical components for applications ranging from intricate valve systems to robust engine parts and heavy-duty locomotive components. Their engineering prowess extends to specialized applications in off-highway vehicles, gearboxes, and printing machinery, demonstrating their adaptability to diverse industry demands. They consistently invest in research and development to stay at the forefront of casting technology. Beyond traditional manufacturing, Magna Electro Castings also demonstrates a commitment to sustainability through its involvement in wind energy generation. This forward-thinking approach highlights their dedication to environmental responsibility and diversification into renewable energy sources. In addition to their domestic presence, Magna Electro Castings actively engages in exporting their high-quality castings and forgings, establishing a global footprint and contributing to the international supply chain. This combination of advanced manufacturing capabilities, material expertise, and a commitment to sustainability positions Magna Electro Castings as a leading player in the castings and forgings industry, poised for continued growth and innovation.

Company Details

Symbol:MAGNAELQ
Industry:Castings & Forgings
Sector:Castings & Forgings

Key Leadership

Mr. Krishna Samaraj Narayanaswamy
MD & Executive Non-Independent Director
Mr. Rajagopalan Ravi
Chief Financial Officer
Mr. V. Mohanraj
Vice President of Marketing

Corporate Events

Recent
Ex-Dividend Date

MAGNAELQ Share Price: Frequently Asked Questions

What is the current share price of Magna Electro Castings Ltd?

Magna Electro Castings Ltd (MAGNAELQ) trades at ₹1084.30 on NSE and BSE. Market cap ₹404.29 (Cr). Educational data only.

What is the P/E ratio of Magna Electro Castings Ltd?

Magna Electro Castings Ltd has a P/E of 18.59x vs industry average 28.08x.

What is the Bull Run score for Magna Electro Castings Ltd?

Magna Electro Castings Ltd has a Bull Run score of 61.9/100 based on 25+ financial parameters.

Does Magna Electro Castings Ltd pay dividends?

Magna Electro Castings Ltd has a dividend yield of 0.63%. Past dividends don't guarantee future payments.

What is the ROE of Magna Electro Castings Ltd?

Magna Electro Castings Ltd has ROE of 19.38%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Magna Electro Castings Ltd?

Magna Electro Castings Ltd has debt-to-equity of 0.09.

Is Magna Electro Castings Ltd a good investment?

Bull Run gives Magna Electro Castings Ltd a score of 61.9/100. This is not investment advice — consult a SEBI-registered advisor.