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Earthstahl & Alloys Ltd Fundamentals

Market Cap
₹ 57.41 Cr
P/E Ratio (TTM)
7.64
P/B Ratio
1.61
Debt to Equity
0.53
ROE
29.56
EPS (TTM)
6.14
Dividend Yield
1.07 %
Book Value
29.12

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Earthstahl & Alloys Ltd Financials

Earthstahl & Alloys Ltd Financials

Earthstahl & Alloys Ltd Shareholding Pattern

Held By Mar 2024 Sep 2023 Mar 2023 Feb 2023
Promoters 73.53 % 73.53 % 73.53 % 73.53 %
Retail 21.20 % 22.35 % 17.30 % 15.20 %
Others 4.39 % 4.12 % 9.17 % 7.99 %
FII 0.88 % 0.00 % 0.00 % 3.28 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

73.53%

Retail

21.20%

Others

4.39%

FII

0.88%

Mutual Funds

0.00%

Promoters

73.53%

Retail

22.35%

Others

4.12%

FII

0.00%

Mutual Funds

0.00%

Promoters

73.53%

Retail

17.30%

Others

9.17%

FII

0.00%

Mutual Funds

0.00%

Promoters

73.53%

Retail

15.20%

Others

7.99%

FII

3.28%

Mutual Funds

0.00%

Resistance and Support

₹46.90

PIVOT

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Resistance
First Resistance₹46.900
Second Resistance₹46.900
Third Resistance₹46.900
support-arrow
Support
First Support₹46.900
Second Support₹46.900
Third Support₹46.900

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day3,0003,000100.00
Week3,0007,8000.00
1 Month3,00016,9000.00
6 Months2,973,0002,373,00083.98

About Earthstahl & Alloys Ltd

Earthstahl & Alloys Ltd. was originally incorporated as a Private Limited Company under the name 'Earthstahl & Alloys Private Limited' on December 09, 2009 with the Registrar of Companies, Chhattisgarh. Subsequently, pursuant to Special Resolution passed by the Shareholders on August 27, 2022, Company converted into a Public Limited and consequently the name was changed to 'Earthstahl & Alloys Limited' vide a fresh certificate of incorporation dated September 21, 2022, issued by the Registrar of Companies, Chhattisgarh. Located in steel hub of Raipur Chhattisgarh, the Company is engaged in the business of manufacturing Cast Iron Lumps and Ductile Iron Pipe Fittings. The Cast Iron Lumps are used as raw material in the steel foundries to manufacture products like: cast iron pipe fittings, machine components such as latche machines, fan components, manhole covers, decorative cast iron pieces, cast iron pipe fitting and other units engaged in manufacturing of steel or cast iron products. Ductile Iron Pipe Fittings are used in public water supply systems as connectors of pipes. The Company has manufacturing unit located in the Village Duldula about 50 KMs from Raipur, Chhattisgarh spread across an area of around 4.73 hectares of land. Presentlt, it is using waste generated by integrated steel plants, sponge iron plants and rolling mills in the manufacturing process as raw material and recover iron from the left out waste, thus conserving the environment. The plant is located near to the source of raw material i.e. Bhilai Steel Plant of SAIL and other pellet and sponge iron plants located in Raipur and surrounding area. The strategic location of manufacturing facility ensures access to ferrous waste, steel scrap, pig iron (steel grade), carburizer, ferro alloys and other raw materials like: coal, coke and dolomite required in manufacturing process forming a substantial part of cost of production at a low logistic cost. In 2012, the Company started operations of manufacturing cast iron with one Submerged Electric Arc Furnace with capacity of 3.6 MVA to manufacture 10,500 tonnes p.a. of Cast iron Lumps. During FY2014-15 due to sharp correction in price of steel and increase in price of electricity, the unit started incurring losses. Further due to delay in commissioning and stabilisation of foundry for manufacturing ductile iron pipe fittings, the losses increased. Consequently the plant faced shut down from March 2015 till March 2018. However, the plant resumed operation in March, 2018. In 2017, it started commercial production of manufacturing Ductile Iron Pipes fittings for which Lost Foam based Steel Foundry consisting of one induction furnace with two crucibles, one of 500 KG and another 1000 KG to produce Ductile iron pipe fittings of different dimensions, shapes and sizes used in water supply system was commissioned. Since the Company has been successful in manufacturing Ductile Iron Pipe Fittings of upto 600 mm width with accuracy, consistency & smooth surface finish, it commissioned another Submerged Electric Arc Furnace with capacity of 5.5MVA to manufacture 15,750 MTs of Cast Iron lumps in year 2022. The Company is planning to raise capital from Public by issuing 32,40,000 Equity Shares through Fresh Issue.

Managing Director

2009

Founded

NA

NSE Symbol

NA

Earthstahl & Alloys Ltd Management

NameDesignation
Prawin SomaniWhole Time Director
Rajesh SomaniWhole Time Director
Padma SomaniWhole Time Director
RAVI LADDHADirector
Surendra Kumar JainChairman & Independent Directo
Vinod Kumar AroraIndependent Director
Rahul Kumar SinghCompany Sec. & Compli. Officer

Events

Dividend Announcement for Earthstahl & Alloys Ltd - May 30, 2023

On May 30, 2023, shareholders are set to receive a dividend payout, with each share entitling its holder to a dividend of 5.0%. This dividend percentage reflect...

Read More

Earthstahl & Alloys Ltd News

Earthstahl & Alloys to declare Quarterly Result
On 9 November 2023
Earthstahl & Alloys to convene AGM
On 28 September 2023
Earthstahl & Alloys fixes record date for final dividend
Record date is 21 September 2023
Board of Earthstahl & Alloys recommends final dividend
Of Rs 0.5 per share
Earthstahl & Alloys to declare Quarterly Result
On 30 May 2023
Earthstahl & Alloys announces board meeting date
On 30 May 2023

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Earthstahl & Alloys Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Earthstahl & Alloys Ltd shares in BlinkX

Earthstahl & Alloys Ltd's P/E ratio is 7.64 times as of May 17, 2024 at 04:00 PM.

Earthstahl & Alloys Ltd's most recent financial reports indicate a price-to-book ratio of 1.61, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Earthstahl & Alloys Ltd's market is 57 Cr as on May 17, 2024 at 04:00 PM.

The current financial records of Earthstahl & Alloys Ltd show a 29.56% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Earthstahl & Alloys Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

As of the Mar 2024 quarter, the promoter shareholding in Earthstahl & Alloys Ltd stands at 73.53%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 0.00% to 0.88%.