Electrosteel Castings (NSE:ELECTCAST) Days Payable: 61.64 (As of Mar. 2026) — Near Median


NSE:ELECTCAST Electrosteel Castings Ltd NSE:ELECTCAST
76 GF Score
Price ₹77.56
GF Value ₹86.43
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Electrosteel Castings Days Payable?

Electrosteel Castings NSE:ELECTCAST -0.35% 76 Days Payable is 61.64 as of Mar. 2026, which is 9% below its 10-year median of 67.62. GuruFocus rates NSE:ELECTCAST with a GF Score™ of 76/100 and a GF Value™ of ₹86.43 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,709 Construction companies, Electrosteel Castings ranks worse than 56.93% on this metric.

Electrosteel Castings's average Accounts Payable for the three months ended in Mar. 2026 was ₹5,524 Mil. Electrosteel Castings's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹8,178 Mil. Hence, Electrosteel Castings's Days Payable for the three months ended in Mar. 2026 was 61.64.

The historical rank and industry rank for Electrosteel Castings's Days Payable or its related term are showing as below:

NSE:ELECTCAST' s Days Payable Range Over the Past 10 Years
Min: 43.95   Med: 67.62   Max: 90.18
Current: 65.51

During the past 13 years, Electrosteel Castings's highest Days Payable was 90.18. The lowest was 43.95. And the median was 67.62.

NSE:ELECTCAST's Days Payable is ranked worse than
56.93% of 1709 companies
in the Construction industry
Industry Median: 76.67 vs NSE:ELECTCAST: 65.51

Electrosteel Castings's Days Payable increased from Mar. 2025 (61.48) to Mar. 2026 (61.64). It may suggest that Electrosteel Castings delayed paying its suppliers.


Electrosteel Castings Days Payable Historical Data

* Premium members only.

The historical data trend for Electrosteel Castings's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Electrosteel Castings Days Payable Chart

Electrosteel Castings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.80 46.00 43.95 55.69 63.71

Electrosteel Castings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.48 66.94 77.03 61.83 61.64

NSE:ELECTCAST vs TT, JCI, CARR: Days Payable Comparison

For the Building Products & Equipment subindustry, Electrosteel Castings's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Electrosteel Castings Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Electrosteel Castings's Days Payable distribution charts can be found below:

* The bar in red indicates where Electrosteel Castings's Days Payable falls into.


NSE:ELECTCAST
76GF Score
Electrosteel Castings Ltd NSE:ELECTCAST
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Electrosteel Castings Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Electrosteel Castings's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (5565.216 + 5524.399) / 2 ) / 31764.267*365
=5544.8075 / 31764.267*365
=63.71

Electrosteel Castings's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 5524.399) / 1 ) / 8177.508*365 / 4
=5524.399 / 8177.508*365 / 4
=61.64

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 61.64 mean?
Electrosteel Castings (NSE:ELECTCAST) has a Days Payable of 61.64 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Electrosteel Castings and its competitors. This is near median its historical median of 67.62. Over the past decade, Electrosteel Castings' Days Payable has ranged from 43.95 to 90.18. According to the industry distribution chart, Electrosteel Castings ranks #973 out of 1709 companies in the Construction industry, placing it in the top 56.9%.
Is Electrosteel Castings' Days Payable too high?
Electrosteel Castings' current Days Payable of 61.64 is near median its 10-year median of 67.62. Over the past 10 years, this metric has ranged from a low of 43.95 to a high of 90.18. The Construction industry median Days Payable is 76.67. Electrosteel Castings' value of 61.64 is 19.6% below this industry median. Based on the distribution chart, Electrosteel Castings ranks #973 out of 1709 companies in the Construction industry, which is below the industry midpoint. Overall, Electrosteel Castings has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Electrosteel Castings' Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Electrosteel Castings ranks #973 out of 1709 companies for Days Payable. This places Electrosteel Castings in the lower half of its industry. The industry median Days Payable is 76.67. Electrosteel Castings' value of 61.64 is 19.6% below this benchmark. Historically, Electrosteel Castings' own Days Payable has ranged from 43.95 to 90.18 over the past decade. While the company's 10-year median is 67.62 vs. the industry median of 76.67, Electrosteel Castings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Construction company?
The median Days Payable among Construction companies is 76.67, based on 1,709 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Electrosteel Castings's current Days Payable of 61.64 is 19.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Electrosteel Castings and its competitors. For the Construction industry, the median Days Payable is 76.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electrosteel Castings's current Days Payable is 61.64, which is near median its own 10-year median of 67.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electrosteel Castings stock overvalued right now?
Based on GuruFocus' analysis, Electrosteel Castings (NSE:ELECTCAST) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹86.43, compared to a current price of ₹77.56 — trading 10.3% below its estimated fair value. The current Days Payable is 61.64, which is near median its 10-year median of 67.62 and 19.6% below the Construction industry median of 76.67. Electrosteel Castings' overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Electrosteel Castings (NSE:ELECTCAST), the current Days Payable is 61.64 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Electrosteel Castings (NSE:ELECTCAST) Overvalued in 2026?

Based on GuruFocus' analysis, Electrosteel Castings stock appears to be undervalued. The current stock price of ₹77.56 is trading 10.3% below its estimated GF Value™ of ₹86.43. GuruFocus considers Electrosteel Castings to be Modestly Undervalued.

Key valuation signals for NSE:ELECTCAST:

  • Days Payable: 61.64 (near median its 10-year median of 67.62)
  • GF Value™: ₹86.43 vs. price of ₹77.56 (10.3% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 19.6% below the Construction median (#973 of 1709)

No single metric tells the full story. See the NSE:ELECTCAST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Electrosteel Castings Business Description

Other Exchanges 500128:India
Address 19, Camac Street, G.K. Tower, Kolkata, WB, IND, 700017
Electrosteel Castings Ltd is a pipeline solution provider. The business activity of the firm is the manufacturing of ductile iron pipes, fittings, and cast-iron pipes. It offers a range of pipes, which includes DI pipes, Electrolock pipes, and DI flanged pipes, among others. In addition, it also produces Pig Iron, Metallurgical Coke, Sponge Iron, Sinter, Cement, Ferro products, Paint and Power. The company has one reportable segment, namely, Pipes and Fittings, and all other activities revolve around the main business. Geographically, it derives a majority of its revenue within India and also has its presence in international markets through exports of its products.
76GF Score

Get the complete analysis for NSE:ELECTCAST

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹77.56
Price
₹86.43
GF Value