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News

Media spotlight triggers stock stock attention, sentiment.

  • Magna Electrocas has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    21 Apr 2025, 4:10PM As of March 2025, 53.42% is owned by Indian Promoters and 46.58% by Public. <p align=justify> Top five Promoters holding highest number of shares of M
  • Magna Electrocas - Announcement Under Regulation 30 LODR - Status Of Third Moulding Line Project

    17 Apr 2025, 4:35PM Please find enclosed status of Third Moulding Line Project.
  • Magna Electrocas - Change In Senior Management

    7 Apr 2025, 3:35PM Please find enclosed intimation regarding change in Senior Management.
  • Magna Electrocas - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    3 Apr 2025, 5:38PM Attached Certificate under Regulation 74(5) of the SEBI (DP) Regulations, 2018.
  • Magna Electrocas - Board Meeting Outcome for Outcome Of Board Meeting Held On 27Th March, 2025

    27 Mar 2025, 11:07AM Outcome of Board meeting held on 27th March, 2025
  • Magna Electrocas - Board Meeting Intimation for Board Meeting To Be Held On 27Th March, 2025

    17 Mar 2025, 5:48PM Magna Electro Castings Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/03/2025 ,inter alia, to consi
  • Magna Electrocas - Integrated Filing (Financial)

    8 Feb 2025, 12:27PM Integrated Filing (Financial) for the quarter ended 31st December, 2024
  • Magna Electrocas Q3 net profit up 37.68% at Rs 4.86 cr

    4 Feb 2025, 1:21PM The company reported standalone net profit of Rs 4.86 crore for the quarter ended December 31, 2024 as compared to Rs 3.53 crore in the same period la
  • Magna Electrocas - Unaudited Financial Results For The Quarter And Nine Months Ended 31St December, 2024

    4 Feb 2025, 12:46PM Please find enclosed Unaudited Financial Results for the quarter and nine months ended 31st December 2024.
  • Magna Electrocas - Board Meeting Outcome for Unaudited Financial Results For The Quarter And Nine Months Ended 31St December,

    4 Feb 2025, 12:43PM Outcome of Board meeting held on 4th February 2025

Key fundamentals

Evaluate the intrinsic value of Magna Electrocastings Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 108.3786 94.3606 83.2248 71.3374 73.4981
Liabilities 108.3786 94.3606 83.2248 71.3374 73.4981
Equity 4.2321 4.2321 4.2321 4.2321 4.5822
Gross Profit 23.3746 25.672 12.8137 10.0378 10.8307
Net Profit 15.1092 17.1223 7.729 5.1786 6.6866
Cash From Operating Activities 7.7175 19.5614 -1.2099 9.2338 9.2992
NPM(%) 10.51 10.39 5.72 5.29 6.94
Revenue 143.6978 164.6429 135.0274 97.8188 96.3213
Expenses 120.3232 138.9709 122.2137 87.781 85.4906
ROE(%) 12.62 14.3 6.45 4.32 5.58

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day

Peers

Other companies within the same industry or sector that are comparable to Magna Electrocastings Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Eimco Elecon (India) Ltd 1756.40 1.97 20.52 538.91 847.84 0.00
CIE Automotive India Ltd 402.45 -2.09 19.17 35441.89 218.13 1.72
Shree Metalloys Ltd 35.10 3.20 17.12 491.07 9.63 0.00
Action Construction Equipment Ltd 1171.10 -3.54 35.77 11125.33 1377.86 0.17

Company Info

The company was incorporated as a public limited company on 22nd August 1990 under the name and style of Magna Electronics Limited. Subsequently the name of the company was changed to Magna Electro Castings Limited and a fresh certificate of incorporation was obtained on 23rd December 1992. The company does not have any subsidiaries. The main promoter of the company is Mr. N Krishna Samaraj. 2004 -Magna Electro Castings Ltd has informed that the Company's shares have been delisted from the Madras Stock Exchange w.e.f. January 13, 2004. 2007 -Company has recommended a dividend of 30%. 2008 -Magna Electro Castings Ltd has recommended a dividend of 21% on the equity share capital of the Company. 2009 -Magna Electro Castings Ltd has recommended payment of dividend of Rs 1.50 per share (15%) on the Equity Share Capital. 2010 -Magna Electro Castings Ltd has recommended payment of dividend of Rs. 2 per share (@ 20%) on the Equity Share Capital. 2011 -Magna Electro Castings Ltd has recommended payment of dividend of Rs. 2 per share (@ 20%) on the Equity share Capital 2012 -Magna Electro Castings Ltd has have recommended payment of dividend of Rs. 2/- per share (@20%) on the Equity Share Capital. -Magna Electro Castings Ltd has informed that Mr. C. R. Swaminathsn has been appointed as a Additional Director in the Board of the Company effective from January 25, 2012 2013 -Magna Electro Castings Ltd has recommended a dividend of 18% (Rupee One and Paise Eighty Only) -Magna Electro Castings Ltd has established a core assembly shop to improve the dimensional accuracy of castings, installation of New Hunter XL 2024 molding machine,new CAM software and New Intensive Sand Mixer. 2014 -Magna Electro Castings Ltd has recommended payment of dividend Rs. 1.60 per share (@ 16%) on the Equity Share Capital. - Company's Machineshop division has been awarded second time as a Power User of EDGECAM software for the year 2014. - Magna Electro Castings Ltd has been awarded with "Best Supplier award for Commitment and Dedication to Excellence" for the year 2014 by FMC Technologies, Measurement. - Magna Electro Castings Ltd has established a core assembly shop to improve the dimensional accuracy of castings. - Magna Electro Castings Ltd has Purchased Adaptive Thermal Analysis system 2015 -Magna Electro Castings Ltd certified for ISO 9001 & ISO/ TS16949 certification by Bureau Veritas was schedule for the Recertification audit. - The Company is pleased to announce the installation of a new state of the art Pressure Blast Equipment to clean the rust and scaling from the inner side of the intricate profile casting, a 1000 kW/1000 Hz Tri Track Inductotherm steel shell furnaces of 3.6 tons capacity,installation of a new Hartford Double Column VMC machine with Nikken Rotary,power packs and 3D PRINTING Technology, Installation of Romer Portable CMM with 3D Scanner and Installation of CATA 2 system for its Furan Nobake continuous Mixer during the year. 2016 -Magna Electro Castings Ltd is recognised with Cash rewards for achieving a new bench mark in the overall Uptime of the Plant during the financial year 2015-16. -Magna is pleased to announce the installation of a new Twin pallet VMC with 4th axis drive and hydraulic power pack in its captive machine shop. 2018 -Magna Electro Castings Limited has been successfully recertified for Transport & Power Generation (TPG) certification for the 6th year in succession. Scope for TPG certification is our core business "Casting", with the validity of accreditation extending till 31st January 2020. 2019 -Magna Electro Castings Ltd announce that our Environmental Management System is certified for compliance with International Environmental Management System ISO 14001:2015 standard requirement certified by TUV Nord.Audit team was satisfied with the Compliance to the standard require.

The company was incorporated as a public limited company on 22nd August 1990 under the name and style of Magna Electronics Limited. Subsequently the name of the company was changed to Magna Electro Castings Limited and a fresh certificate of incorporation was obtained on 23rd December 1992. The company does not have any subsidiaries. The main promoter of the company is Mr. N Krishna Samaraj. 2004 -Magna Electro Castings Ltd has informed that the Company's shares have been delisted from the Madras Stock Exchange w.e.f. January 13, 2004. 2007 -Company has recommended a dividend of 30%. 2008 -Magna Electro Castings Ltd has recommended a dividend of 21% on the equity share capital of the Company. 2009 -Magna Electro Castings Ltd has recommended payment of dividend of Rs 1.50 per share (15%) on the Equity Share Capital. 2010 -Magna Electro Castings Ltd has recommended payment of dividend of Rs. 2 per share (@ 20%) on the Equity Share Capital. 2011 -Magna Electro Castings Ltd has recommended payment of dividend of Rs. 2 per share (@ 20%) on the Equity share Capital 2012 -Magna Electro Castings Ltd has have recommended payment of dividend of Rs. 2/- per share (@20%) on the Equity Share Capital. -Magna Electro Castings Ltd has informed that Mr. C. R. Swaminathsn has been appointed as a Additional Director in the Board of the Company effective from January 25, 2012 2013 -Magna Electro Castings Ltd has recommended a dividend of 18% (Rupee One and Paise Eighty Only) -Magna Electro Castings Ltd has established a core assembly shop to improve the dimensional accuracy of castings, installation of New Hunter XL 2024 molding machine,new CAM software and New Intensive Sand Mixer. 2014 -Magna Electro Castings Ltd has recommended payment of dividend Rs. 1.60 per share (@ 16%) on the Equity Share Capital. - Company's Machineshop division has been awarded second time as a Power User of EDGECAM software for the year 2014. - Magna Electro Castings Ltd has been awarded with "Best Supplier award for Commitment and Dedication to Excellence" for the year 2014 by FMC Technologies, Measurement. - Magna Electro Castings Ltd has established a core assembly shop to improve the dimensional accuracy of castings. - Magna Electro Castings Ltd has Purchased Adaptive Thermal Analysis system 2015 -Magna Electro Castings Ltd certified for ISO 9001 & ISO/ TS16949 certification by Bureau Veritas was schedule for the Recertification audit. - The Company is pleased to announce the installation of a new state of the art Pressure Blast Equipment to clean the rust and scaling from the inner side of the intricate profile casting, a 1000 kW/1000 Hz Tri Track Inductotherm steel shell furnaces of 3.6 tons capacity,installation of a new Hartford Double Column VMC machine with Nikken Rotary,power packs and 3D PRINTING Technology, Installation of Romer Portable CMM with 3D Scanner and Installation of CATA 2 system for its Furan Nobake continuous Mixer during the year. 2016 -Magna Electro Castings Ltd is recognised with Cash rewards for achieving a new bench mark in the overall Uptime of the Plant during the financial year 2015-16. -Magna is pleased to announce the installation of a new Twin pallet VMC with 4th axis drive and hydraulic power pack in its captive machine shop. 2018 -Magna Electro Castings Limited has been successfully recertified for Transport & Power Generation (TPG) certification for the 6th year in succession. Scope for TPG certification is our core business "Casting", with the validity of accreditation extending till 31st January 2020. 2019 -Magna Electro Castings Ltd announce that our Environmental Management System is certified for compliance with International Environmental Management System ISO 14001:2015 standard requirement certified by TUV Nord.Audit team was satisfied with the Compliance to the standard require.

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Parent Organisation

Magna Electrocastings Ltd.

Founded

22/08/1990

Managing Director

Mr.N Krishna Samaraj

NSE Symbol

FAQ

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The 52-week high for Magna Electrocastings Ltd is

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The CEO of Magna Electrocastings Ltd is Mr.N Krishna Samaraj, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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