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Eastcoast Steel Overview

Eastcoast Steel Ltd. is an Indian public limited company incorporated on 20 August 1982 and headquartered in Pondicherry, India, with its shares listed on the Bombay Stock Exchange (BSE: 520081) as a small‑cap stock. Originally established to manufacture steel ingots, mild steel billets, medium and low‑alloy steel billets, carbon steel and forging‑grade steel for use by the re‑rolling and engineering industries, the company’s steel plant in Pondicherry was operational until 1995 before ceasing production; it later disposed of a ...Read More

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Eastcoast Steel Key Financials

Market Cap ₹9 Cr.

Stock P/E -59.9

P/B 0.5

Current Price ₹17

Book Value ₹ 36.1

Face Value 10

52W High ₹26.5

Dividend Yield 0%

52W Low ₹ 14

Eastcoast Steel Share Price

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Volume
Price

Eastcoast Steel Quarterly Price

Show Value Show %

Eastcoast Steel Peer Comparison

Eastcoast Steel Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 2 6 11 10 2 0 3 0 0 0
Other Income 0 0 1 0 0 0 0 1 0 0
Total Income 3 6 12 10 2 0 3 1 0 0
Total Expenditure 3 6 12 10 3 0 4 0 0 0
Operating Profit 0 0 0 0 -1 0 -0 0 0 0
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 -1 0 -0 0 0 0
Provision for Tax -0 0 0 -0 0 -0 -0 -0 0 0
Profit After Tax 0 0 0 0 -1 0 0 0 0 0
Adjustments 0 0 0 -0 -0 0 0 -0 0 -0
Profit After Adjustments 0 0 0 0 -1 0 0 0 0 0
Adjusted Earnings Per Share 0.3 0.1 0.1 0.5 -1.5 0.6 0.2 0.3 0.1 0.1

Eastcoast Steel Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 0 0 0 0 0 0 42 11 5 20 16 3
Other Income 0 0 0 0 0 0 0 1 2 2 1 1
Total Income 0 0 0 0 0 0 42 12 6 21 16 4
Total Expenditure 1 1 1 1 1 1 1 11 5 21 17 4
Operating Profit -0 -1 -0 -1 -1 -1 41 0 1 0 -0 0
Interest 0 0 0 1 1 1 1 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 -11 -0 -1 0 0 0 0 0 0 0
Profit Before Tax -0 -1 -11 -2 -3 -2 41 0 1 -0 -0 0
Provision for Tax 0 0 0 0 0 0 5 1 0 0 -0 0
Profit After Tax -0 -1 -11 -2 -3 -2 35 -0 1 -0 -0 0
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -0 -1 -11 -2 -3 -2 35 -0 1 -0 -0 0
Adjusted Earnings Per Share -0.3 -1.4 -21 -3.8 -5.5 -3.8 65.3 -0.6 1.5 -0.1 -0.3 0.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -20% 13% 0% 0%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 2% -23% -24% -14%
ROE Average -1% 1% 523% 233%
ROCE Average -2% 1% 85% -258%

Eastcoast Steel Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 2 1 -9 -11 -14 -16 19 19 19 19 19
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 3 3 2 9 9 12 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0 1 2 0 0 0 0 -0
Total Current Liabilities 0 0 10 4 5 4 4 3 3 9 3
Total Liabilities 5 4 3 1 1 1 23 22 22 29 22
Fixed Assets 1 1 1 1 1 1 0 0 0 0 0
Other Non-Current Assets 1 1 1 0 0 0 0 1 1 1 1
Total Current Assets 2 2 1 0 0 0 23 21 22 28 22
Total Assets 5 4 3 1 1 1 23 22 22 29 22

Eastcoast Steel Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0 0 0 0 2 3 18
Cash Flow from Operating Activities 0 -1 -0 -11 -1 0 -8 -11 5 -1 -1
Cash Flow from Investing Activities -0 1 0 1 0 0 21 13 -5 16 -9
Cash Flow from Financing Activities -0 -0 0 10 1 -0 -13 0 0 0 0
Net Cash Inflow / Outflow 0 -0 0 0 -0 0 0 2 0 15 -10
Closing Cash & Cash Equivalent 0 0 0 0 0 0 0 2 3 18 7

Eastcoast Steel Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -0.3 -1.42 -20.97 -3.82 -5.53 -3.78 65.28 -0.59 1.46 -0.05 -0.28
CEPS(Rs) -0.22 -1.37 -20.91 -3.76 -5.47 -3.72 65.32 -0.58 1.47 -0.05 -0.27
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 3.75 2.33 -17 -20.89 -26.4 -30.13 35.13 34.52 35.99 35.91 35.64
Core EBITDA Margin(%) 0 0 0 0 0 0 97.4 -5.28 -10.35 -8.5 -6.68
EBIT Margin(%) 0 0 0 0 0 0 98.05 3.01 20.27 0.19 -2.37
Pre Tax Margin(%) 0 0 0 0 0 0 95.98 3.01 20.14 -0.14 -2.82
PAT Margin (%) 0 0 0 0 0 0 83.47 -2.94 15.9 -0.15 -0.99
Cash Profit Margin (%) 0 0 0 0 0 0 83.53 -2.88 16.03 -0.13 -0.95
ROA(%) -3.31 -17.39 -315 -91.57 -221.85 -157.13 288.93 -1.43 3.57 -0.11 -0.6
ROE(%) -7.63 -46.78 0 0 0 0 2611.51 -1.71 4.15 -0.15 -0.79
ROCE(%) -3.44 -18.27 0 0 -3242.61 0 418.42 1.54 4.66 0.17 -1.68
Receivable days 0 0 0 0 0 0 0 189.84 302.74 110.22 148.67
Inventory Days 0 0 0 0 0 0 0 0 0 0 0
Payable days 0 0 0 0 0 0 0 0.32 0.44 61.82 79.77
PER(x) 0 0 0 0 0 0 1.01 0 0 0 0
Price/Book(x) 12.04 26.12 -2.61 -2.78 0 0 1.88 0 0 0.76 0.51
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0 0 0 0 0 0 0.91 0.54 1.1 -0.02 0.33
EV/Core EBITDA(x) -224.45 -47.97 -52.3 -46.9 -31.81 -25.41 0.92 17.6 5.37 -10.41 -14.37
Net Sales Growth(%) 0 0 0 0 0 0 0 -74.12 -54.58 298.34 -21.47
EBIT Growth(%) 54.15 -377.86 -1343.8 88.25 -15.93 45.95 5179.3 -99.21 205.69 -96.24 -1072.75
PAT Growth(%) 54.13 -378.03 -1375.26 81.8 -44.87 31.72 1829.21 -100.91 345.7 -103.73 -421.09
EPS Growth(%) 54.13 -378.09 -1375.26 81.8 -44.87 31.72 1829.19 -100.91 345.71 -103.73 -420.92
Debt/Equity(x) 1.26 2.03 -0.21 -1.05 -0.97 -0.89 0.13 0.14 0.13 0.13 0.13
Current Ratio(x) 25.15 8.76 0.08 0.05 0.03 0.04 5.6 7.32 7.85 3.05 7.33
Quick Ratio(x) 25.15 8.97 0.08 0.05 0.03 0.04 5.6 7.32 7.85 3.05 7.33
Interest Cover(x) -1128.98 -811.11 -43.81 -1.71 -1.02 -0.67 47.47 548.17 154.68 0.59 -5.26
Total Debt/Mcap(x) 0.1 0.08 0.08 0.38 0 0 0.07 0 0 0.17 0.26

Eastcoast Steel Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 19.09 19.82 19.85 19.87 19.87 19.87 19.88 19.88 19.99 20
FII 0 0 0 0 0 0 0 0 0 0
DII 0.47 0.47 0.47 0.47 0.47 0.47 0.47 0.47 0.47 0.47
Public 80.44 79.71 79.68 79.67 79.67 79.67 79.65 79.65 79.54 79.53
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Eastcoast Steel News

Eastcoast Steel Pros & Cons

Pros

  • Stock is trading at 0.5 times its book value
  • Company is almost debt free.

Cons

  • Promoter holding is low: 20%.
  • Company has a low return on equity of 1% over the last 3 years.
  • Debtor days have increased from 61.82 to 79.77days.
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