Peers

Electrosteel Castings Ltd. stands out among its peers due to its strong profitability metrics and favorable valuation ratios. While it faces challenges in revenue growth, its low PE ratio and solid return on equity suggest it is a compelling investment option. Other peers demonstrate varying strengths and weaknesses, indicating a fragmented sector with opportunities for discerning investors.

• • Electrosteel has the lowest PE ratio at 8.45, indicating potential undervaluation.
• • JSW Steel and APL Apollo show strong revenue growth but are priced at a premium, making them potentially overvalued.
• • Tata Steel exhibits significant financial stress with negative ROE and poor cash flow metrics.

• • Electrosteel Castings Ltd.: Best in profitability with high ROE (15.63%) and low PE ratio (8.45).
• • Jindal Stainless Ltd.: Strong ROE (16.13%) and attractive PEG ratio (0.70) indicate good growth potential.
• • JSW Steel Ltd.: Solid revenue growth (5.45% YoY) but high PE indicates potential overvaluation.