In ₹ Crore except Per Share Latest Annual	HAPPYFORGE FY26	STEELCAS FY26	NELCAST FY26	SGIL FY26	Peer Average
Valuation — at last close
P/E	55.33×	37.81×	◆ 21.54×	189.93×	83.10× -33%
P/B	7.85×	◆ 0.83×	1.75×	7.97×	3.52× +123%
EV/EBITDA	35.56×	◆ 2.22×	11.03×	28.54×	13.93× +155%
Market Cap	₹16,700 Cr	₹328 Cr	₹1,044 Cr	₹885 Cr	₹752 Cr +2120%
Growth
Revenue CAGR 3Y	—	-3.90%	◆ 1.67%	—	-1.11%
Revenue CAGR 5Y	—	—	16.81%	—	16.81%
Net Income CAGR 3Y	—	7.19%	◆ 17.66%	—	12.43%
Revenue YoY (latest Q)	◆ 27.03%	17.00%	2.77%	—	9.88% +173%
Net Income YoY (latest Q)	◆ 39.24%	19.26%	-58.92%	—	-19.83% +298%
Profitability
EBITDA Margin	◆ 30.44%	26.99%	8.32%	10.74%	15.35% +98%
Net Income Margin	19.51%	◆ 20.53%	3.65%	1.27%	8.48% +130%
Return on Common Equity	15.17%	◆ 24.10%	8.43%	4.19%	12.24% +24%
Return on Capital Employed	18.77%	◆ 27.15%	12.28%	7.11%	15.51% +21%
Return on Assets	12.44%	◆ 20.45%	4.10%	0.98%	8.51% +46%
Credit & Quality
Total Debt/Equity	0.15×	◆ 0.00×	0.43×	2.25×	0.89× -83%
Interest Coverage	36.44×	◆ 388.54×	2.57×	0.92×	130.68× -72%
Scale — latest FY
Revenue / Total Income	₹1,546 Cr	₹423 Cr	₹1,328 Cr	₹366 Cr	₹706 Cr +119%
Net Income	₹302 Cr	₹86.9 Cr	₹48.4 Cr	₹4.7 Cr	₹46.6 Cr +547%
Total Assets	₹2,633 Cr	₹460 Cr	₹1,199 Cr	₹473 Cr	₹711 Cr +271%
EPS	₹31.99	₹8.58	₹5.57	₹3	₹5.72 +460%
Book Value per Share	₹225.56	₹391.11	₹68.58	₹71.51	₹177.07 +27%

◆ best value in the comp set per metric · Δ = subject vs average of the other companies.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.