Electrosteel Steels Limited
-13.04 % 1 MAs of June 01, 2025, Electrosteel Steels Limited share price is INR 40.00 per share and the face value is INR 10.00 per share. The lot size of Electrosteel Steels Limited is 0 shares. The 52 week high for Electrosteel Steels Limited is INR 54.00, while the 52 week low is INR 40.00
About Electrosteel Steels Limited
A Comprehensive Overview of Price & Journey
Understanding Electrosteel Steels Limited Inception and Growth
Overview
Electrosteel Steels Limited (ESL) was established in 2006 and is a leading Indian manufacturer of steel products, including billets, TMT bars, wire rods, and ductile iron pipes. Firstly, it was called Electrosteel Integrated Limited and later renamed Electrosteel Steels Limited in 2010. The company is headquartered in Bokaro, Jharkhand. ESL operates a state-of-the-art integrated steel plant with a capacity of 2.5 million tonnes per annum (MTPA), producing high-quality steel for various industries including construction, infrastructure, and automotive.
Its Vision is to be a global leader in high-grade, low-cost steel production, building a sustainable future for all stakeholders and shaping India's self-reliance journey.
Many investors actively follow the Electrosteel Steels Limited share price to assess the company’s market performance. The share price of Electrosteel Steels Limited reflects its growth potential in the steel sector and is regularly tracked by both retail and institutional investors.
Products & Services
The company's products are known for their reliability, superior technology, and cost-effectiveness. Electrosteel Steels Limited offers a comprehensive range of products and services, including:
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Billets: It is used for re-rolling into structural steel.
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TMT Bars: These are high-strength bars for construction.
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Wire Rods: This is used for wire drawing applications.
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Ductile Iron Pipes: It is essential for water supply and sewage systems.
Board of Directors
The Board of Directors includes experienced professionals guiding the company’s strategic direction:
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Mr. Umang Kejriwal - Managing Director
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Mr. Mayank Kejriwal - Joint Managing Director
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Mr. Sunil Katial - CEO & Whole-Time Director
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Mr. Jinendra Kumar Jain - Independent Director
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Dr. Mohua Banerjee - Independent Director
Subsidiaries
Electrosteel Steels operates as part of the Electrosteel Group alongside Electrosteel Castings Limited to enhance its product offerings and market reach.
About Electrosteel Steels Limited
IPO Details, Price movement
Performance Highlights 2023-2024
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Revenue from Operations increased from ₹7851 crore in FY2022-23 to ₹8300 crore in FY2023-24.
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Loss Before Tax was ₹470 crore in FY2022-23 and became ₹624 crore in FY2023-24.
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Net Loss increased from ₹558 crore in FY2022-23 to ₹968 crore in FY2023-24.
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Cash flow from Operating Activities was INR 953 crore in FY23 and became INR 1264 crore in FY24.
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Net Cash Used in Investing Activities was INR 38.6 crore in FY23, whereas it became INR 407.1 crore in FY24.
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Net cash used in Financing Activities was INR 944 crore in FY23, whereas it became INR 733 crore in FY24.
Fundamentals
Financials
| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | - | 6595.87 | 7977.58 | 8508.12 |
| Other Income | - | 203.97 | 74.70 | 110.52 |
| COGS | - | 4593.55 | 5022.92 | 4385.99 |
| Gross Profit | - | 2206.29 | 3029.36 | 4232.65 |
| Total Expense | - | 1440.10 | 2680.32 | 3961.42 |
| EBIDTA | - | 766.19 | 349.04 | 271.23 |
| D&A | - | 345.30 | 443.75 | 463.01 |
| EBIT | - | 420.89 | -94.71 | -191.78 |
| Interest Expense | - | 338.22 | 376.05 | 431.61 |
| PBT | - | 24.20 | -470.77 | -623.39 |
| TAX | - | 118.80 | 87.13 | 318.39 |
| PAT | - | -94.59 | -557.91 | -967.57 |
| Diluted EPS | - | -0.51 | -3.02 | -5.23 |
| Basic EPS | - | -0.51 | -3.02 | -5.23 |
| Total income | 0.00 | 6,799.84 | 8,052.28 | 8,618.64 |
ASSETS
| CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash and Cash Equivalents | - | 64.11 | 35.04 | 159.51 |
| Trade Payables | - | 80.58 | 248.63 | 110.70 |
| Inventory | - | 1179.67 | 1394.39 | 1063.39 |
| Other Current Assets | - | 1054.88 | 619.25 | 494.96 |
| Total Current Assets | 0.00 | 2,379.24 | 2,297.31 | 1,828.56 |
| NON CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Plant Property and Equipment | - | 4567.67 | 4485.52 | 4437.49 |
| Long Term Investment | - | - | - | - |
| Other Non Current Assets | - | 4203.95 | 4462.99 | 4541.90 |
| TOTOAL NON CURRENT ASSSETS | 0.00 | 8,771.62 | 8,948.51 | 8,979.39 |
| Total Assets | 0.00 | 11,150.86 | 11,245.82 | 10,807.95 |
|---|
| CURRENT LIABILITES | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| TRADW Payable | - | 310.79 | 674.01 | 652.18 |
| Other Current Liab | - | 2068.43 | 2825.20 | 3819.76 |
| Total Current Liab | 0.00 | 2,379.22 | 3,499.21 | 4,471.94 |
| NON CURRENTLIABILITIES | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Long Term Debt | - | 2402.03 | 1945.49 | 1488.96 |
| Deffered Tax Liab | - | - | - | - |
| Other Non Current Liab | - | 241.89 | 234.06 | 248.37 |
LIABILITIES
| EQUITY | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | - | 1849.03 | 1849.03 | 1849.03 |
| Reserves And Surplus | - | - | - | - |
| Other Equity | - | 4278.70 | 3718.03 | 2749.65 |
| Retained Earnings | - | - | - | - |
| share Equity | 0.00 | 6,127.73 | 5,567.06 | 4,598.68 |
| Total Liabilities | 0.00 | 8,771.65 | 7,746.61 | 6,336.01 |
|---|
| CASH FLOW STAT | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash Flow from operating | - | 1551.42 | 953.24 | 1264.16 |
| Cash Flow from financing | - | -865.31 | -943.71 | -732.57 |
| Cash Flow from investing | - | -742.82 | -38.61 | -407.12 |
| Net cash flow | 0.00 | -56.71 | -29.08 | 124.47 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Frequently Asked Questions
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