Electrosteel Castings (NSE:ELECTCAST) Inventory Turnover: 0.34 (As of Mar. 2026)

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NSE:ELECTCAST Electrosteel Castings Ltd NSE:ELECTCAST
74 GF Score
Price ₹74.59
GF Value ₹86.56
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Electrosteel Castings Inventory Turnover?

Electrosteel Castings NSE:ELECTCAST -1.01% 74 Inventory Turnover is 0.34 as of Mar. 2026. GuruFocus rates NSE:ELECTCAST with a GF Score™ of 74/100 and a GF Value™ of ₹86.56 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Electrosteel Castings's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹8,178 Mil. Electrosteel Castings's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹23,982 Mil. Electrosteel Castings's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Electrosteel Castings's Days Inventory for the three months ended in Mar. 2026 was 267.61.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Electrosteel Castings's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.61.

Electrosteel Castings  (NSE:ELECTCAST) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Electrosteel Castings's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=23981.9/8177.508*365 / 4
=267.61

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Electrosteel Castings's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=23981.9 / 14927.354
=1.61

* 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.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Electrosteel Castings Inventory Turnover Related Terms

Electrosteel Castings Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Electrosteel Castings's Inventory Turnover 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 Inventory Turnover Chart

Electrosteel Castings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.83 2.14 2.07 1.52 1.31

Electrosteel Castings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover 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 0.34 0.31 0.26 0.33 0.34
NSE:ELECTCAST
74GF Score
Electrosteel Castings Ltd NSE:ELECTCAST
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Electrosteel Castings Inventory Turnover Calculation

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

Inventory Turnover (A: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2026 ) / ((Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count )
=31764.267 / ((24639.719 + 23981.9) / 2 )
=31764.267 / 24310.8095
=1.31

Electrosteel Castings's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=8177.508 / ((0 + 23981.9) / 1 )
=8177.508 / 23981.9
=0.34

* 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 Inventory Turnover →
What does a Inventory Turnover of 0.34 mean?
Electrosteel Castings (NSE:ELECTCAST) has a Inventory Turnover of 0.34 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Electrosteel Castings and its competitors.
Is Electrosteel Castings' Inventory Turnover too high?
Electrosteel Castings' current Inventory Turnover is 0.34. Overall, Electrosteel Castings has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Electrosteel Castings' Inventory Turnover compare to TT and JCI?
Electrosteel Castings' Inventory Turnover of 0.34 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Construction company?
A good Inventory Turnover depends on the Construction industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Electrosteel Castings and its competitors. Electrosteel Castings's current Inventory Turnover is 0.34. 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 ₹86.56, compared to a current price of ₹74.59 — trading 13.8% below its estimated fair value. The current Inventory Turnover is 0.34. Electrosteel Castings' overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Electrosteel Castings (NSE:ELECTCAST), the current Inventory Turnover is 0.34 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 ₹74.59 is trading 13.8% below its estimated GF Value™ of ₹86.56. GuruFocus considers Electrosteel Castings to be Modestly Undervalued.

Key valuation signals for NSE:ELECTCAST:

  • Inventory Turnover: 0.34
  • GF Value™: ₹86.56 vs. price of ₹74.59 (13.8% below fair value)
  • GF Score™: 74/100 with 5 warning signs

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.
74GF Score

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

₹74.59
Price
₹86.56
GF Value