Magna Electro Castings Ltd Stock Price Today (NSE: MAGNAELQ)
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
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
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹1031.05 | ₹1075.00 | ₹1028.00 | ₹1055.10 | 2.25K (Cr) | |
| ₹1083.00 | ₹1083.00 | ₹1082.05 | ₹1082.05 | 4.33K (Cr) | |
| ₹1139.00 | ₹1139.00 | ₹1139.00 | ₹1139.00 | 404.00 (Cr) | |
| ₹1198.90 | ₹1205.00 | ₹1197.00 | ₹1198.90 | 991.00 (Cr) | |
| ₹1186.00 | ₹1205.00 | ₹1163.00 | ₹1205.00 | 879.00 (Cr) | |
| ₹1204.95 | ₹1204.95 | ₹1127.05 | ₹1184.65 | 1.08K (Cr) | |
| ₹1150.00 | ₹1186.65 | ₹1150.00 | ₹1157.55 | 664.00 (Cr) | |
| ₹1146.00 | ₹1192.95 | ₹1114.00 | ₹1154.00 | 992.00 (Cr) | |
| ₹1118.80 | ₹1196.50 | ₹1118.80 | ₹1157.25 | 346.00 (Cr) | |
| ₹1100.00 | ₹1180.00 | ₹1088.60 | ₹1158.60 | 869.00 (Cr) |
Magna Electro Castings Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹1083.00 | ₹1083.00 | ₹1028.00 | ₹1055.10 | -2.58% | |
| ₹1262.00 | ₹1270.00 | ₹1088.60 | ₹1139.00 | -9.75% | |
| ₹878.30 | ₹1290.50 | ₹875.60 | ₹1238.60 | +41.02% | |
| ₹931.60 | ₹970.00 | ₹851.00 | ₹893.00 | -4.14% | |
| ₹740.00 | ₹1041.00 | ₹706.00 | ₹979.40 | +32.35% | |
| ₹875.50 | ₹913.00 | ₹732.00 | ₹742.60 | -15.18% | |
| ₹961.00 | ₹990.00 | ₹847.00 | ₹893.75 | -7.00% | |
| ₹971.10 | ₹1064.95 | ₹923.00 | ₹960.70 | -1.07% | |
| ₹962.90 | ₹1024.50 | ₹910.00 | ₹1006.15 | +4.49% | |
| ₹1210.00 | ₹1221.00 | ₹940.00 | ₹962.90 | -20.42% | |
| ₹1209.00 | ₹1270.00 | ₹1091.50 | ₹1153.40 | -4.60% | |
| ₹1240.00 | ₹1375.00 | ₹1152.05 | ₹1206.25 | -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.
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)
- Indian castings market growth
- Automotive sector demand
- Solar power investment
- Significant order wins
- Earnings beat expectations
- Acquisition by a larger player
- Micro-cap liquidity risk
- Negative free cash flow
- YoY profit decline in latest quarter
No significant FII/DII activity reported.
Indian manufacturing sector growth provides a tailwind.
No, Free Cash Flow 5Y: ₹-3.9 Cr
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
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Magna Electro Castings Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
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
| 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 |
Magna Electro Castings LtdMagna Electro C...Selected✓ MAGNAELQ • 517449 | 61.9/100 | ₹1084.30₹1084 | ₹404.29₹404.29 | 18.59Average 18.6 Average | 19.38%Good 19.38% Good | 25.07%Excellent 25.07% Excellent | 0.09Excellent 0.1 Excellent | 28.12%Excellent 28.12% Excellent | 12.87%Good 12.87% Good | 0.63% |
AIA Engineering LtdAIA Engineering... AIAENG • 532683 | 54.1/100 | ₹4522.70₹4523 | ₹36025.37₹36025.37 | 31.97Average 32.0 Average | 15.42%Good 15.42% Good | 18.92%Good 18.92% Good | 0.14Excellent 0.1 Excellent | 13.23%Good 13.23% Good | 7.62%Good 7.62% Good | 0.42% |
Happy Forgings LtdHappy Forgings ... HAPPYFORGE • 544057 | 51.8/100 | ₹1428.00₹1428 | ₹9934.57₹9934.57 | 36.60Average 36.6 Average | 15.46%Good 15.46% Good | 19.17%Good 19.17% Good | 0.10Excellent 0.1 Excellent | 27.44%Excellent 27.44% Excellent | 20.35%Excellent 20.35% Excellent | 0.29% |
Balu Forge Industries LtdBalu Forge Indu... BALUFORGE • 531112 | 51.4/100 | ₹452.05₹452 | ₹7240.86₹7240.86 | 29.70Average 29.7 Average | 25.38%Excellent 25.38% Excellent | 31.26%Excellent 31.26% Excellent | 0.07Excellent 0.1 Excellent | — — | — — | 0.02% |
Steelcast LtdSteelcast Ltd... STEELCAS • 513517 | 72/100 | ₹269.50₹270 | ₹2233.35₹2233.35 | 25.07Average 25.1 Average | 24.24%Excellent 24.24% Excellent | 32.94%Excellent 32.94% Excellent | 0.00Excellent 0.0 Excellent | 55.61%Excellent 55.61% Excellent | 13.40%Good 13.40% Good | 0.65% |
Amic Forging LtdAmic Forging Lt... AMIC • 544037 | 56.5/100 | ₹1690.45₹1690 | ₹1843.35₹1843.35 | 73.06Average 73.1 Average | 21.80%Excellent 21.80% Excellent | 27.89%Excellent 27.89% Excellent | 0.05Excellent 0.1 Excellent | 116.81%Excellent 116.81% Excellent | 55.08%Excellent 55.08% Excellent | 0.00% |
Nelcast LtdNelcast Ltd... NELCAST • 532864 | 28.4/100 | ₹142.02₹142 | ₹973.07₹973.07 | 26.46Average 26.5 Average | 6.48%Poor 6.48% Poor | 9.55%Poor 9.55% Poor | 0.52Good 0.5 Good | -0.70%Poor -0.70% Poor | 17.17%Excellent 17.17% Excellent | 0.45% |
Synergy Green Industries LtdSynergy Green I... SGIL • 541929 | 38.5/100 | ₹528.50₹529 | ₹862.41₹862.41 | 55.53Average 55.5 Average | 21.88%Excellent 21.88% Excellent | 20.85%Excellent 20.85% Excellent | 1.79Average 1.8 Average | 38.79%Excellent 38.79% Excellent | 11.75%Good 11.75% Good | 0.18% |
Inv& PrecCastInv& PrecCast... INVPRECO • 504786 | 52.2/100 | ₹509.30₹509 | ₹509.30₹509.30 | 68.18Average 68.2 Average | 6.78%Poor 6.78% Poor | 9.59%Poor 9.59% Poor | 0.79Good 0.8 Good | 59.53%Excellent 59.53% Excellent | 11.64%Good 11.64% Good | 0.10% |
Neetu Yoshi LimitedNeetu Yoshi Lim... NEETUYOSHI • 544434 | 47.4/100 | ₹118.85₹119 | ₹472.54₹472.54 | 23.60Average 23.6 Average | 51.01%Excellent 51.01% Excellent | 46.01%Excellent 46.01% Excellent | 0.11Excellent 0.1 Excellent | — — | — — | 0.00% |
Tirupati Forge LtdTirupati Forge ... TIRUPATIFL • | 53.2/100 | ₹45.11₹45 | ₹410.25₹410.25 | 76.54Average 76.5 Average | 9.99%Poor 9.99% Poor | 12.37%Average 12.37% Average | 0.21Excellent 0.2 Excellent | 94.73%Excellent 94.73% Excellent | 33.02%Excellent 33.02% Excellent | 0.00% |
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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
Momentum is balanced — neither overbought nor oversold.
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.
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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
Key Leadership
Corporate Events
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.