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Last 114.00 INR
Change Today +5.00 / 4.59%
Volume 127.0
METC On Other Exchanges
Symbol
Exchange
Mumbai
As of 6:00 AM 03/30/15 All times are local (Market data is delayed by at least 15 minutes).

magna electro castings ltd (METC) Snapshot

Open
108.60
Previous Close
109.00
Day High
114.00
Day Low
108.60
52 Week High
01/19/15 - 168.00
52 Week Low
04/7/14 - 57.05
Market Cap
522.4M
Average Volume 10 Days
3.4K
EPS TTM
8.20
Shares Outstanding
4.6M
EX-Date
09/16/14
P/E TM
13.9x
Dividend
1.60
Dividend Yield
1.40%
Current Stock Chart for MAGNA ELECTRO CASTINGS LTD (METC)

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magna electro castings ltd (METC) Details

Magna Electro Castings Limited primarily manufactures and sells ferrous components worldwide. The company operates through two segments, Foundry and Wind Energy. It offers various ductile iron and gray iron castings, including hand wheel, linear, and rotary valves; castings that are used in refrigeration products comprising housings and piston plugs; railroad components consisting of armature head, pinion gutter, elbow, and flange; printing products, such as brackets, frames, levers, cross beams, and ink support products; and hydraulics comprising cover, body, relief valves, and base plates. The company also provides castings used in automotives, which include calipers, carriers, spides S cams, spiders wedges, bearing caps, crank casts, flanges, and fly wheels; electrical products that consist of carriers, extenders, and flanges; and windmill flanges. In addition, it offers machined components, such as rail road products, including damper plates, flingers, retaining blocks, bearing cap inserts, inserts, spacers, cast motor supports, inlet connections, and clamps; air manifold and cover upper hydraulics products; off highway products, comprising drive discs, pulleys, brackets, adjusting rings, and slip and end yokes; extenders and hubs for windmills; and other automotive products. Further, the company offers various services for manufacturing austempered ductile iron; converting fabricated parts to castings; and developing prototype castings for test, as well as provides engineering services. Additionally, it is engaged in the generation of wind energy. Magna Electro Castings Limited was incorporated in 1993 and is based in Coimbatore, India.

Founded in 1993

magna electro castings ltd (METC) Top Compensated Officers

Managing Director, Director, Member of Shareh...
Total Annual Compensation: 3.1M
Compensation as of Fiscal Year 2014.

magna electro castings ltd (METC) Key Developments

Magna Electro Castings Ltd. Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014

Magna Electro Castings Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported total income from operation (net) of INR 249.522 million compared to INR 178.684 million a year ago. Profit from operations was INR 18.981 million compared to INR 11.683 million a year ago. Profit from ordinary activities before tax was INR 11.384 million compared to INR 6.273 million a year ago. Net profit was INR 8.884 million or INR 1.94 per basic and diluted share compared to INR 2.02 million or INR 4.40 per basic and diluted share for the last year. For the nine months, the company reported total income from operation (net) of INR 788.398 million compared to INR 588.429 million a year ago. Profit from operations was INR 70.379 million compared to INR 65.307 million a year ago. Profit from ordinary activities before tax was INR 57.229 million compared to INR 46.987 million. Net profit was INR 44.729 million or INR 9.76 per basic and diluted share compared to INR 39.467 million or INR 8.61 per basic and diluted share for the last year.

Magna Electro Castings Ltd., Board Meeting, Jan 30, 2015

Magna Electro Castings Ltd., Board Meeting, Jan 30, 2015.

Magna Electro Castings Ltd. Reports Un-Audited Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2014

Magna Electro Castings Ltd. reported un-audited standalone earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the company reported total income from operation (net) of INR 310.889 million compared to INR 204.233 million, profit from operations of INR 35.236 million compared to INR 34.831 million, profit from ordinary activities before tax of INR 30.798 million compared to INR 28.184 million and net profit of INR 23.298 million or INR 5.08 per basic and diluted share compared to INR 20.184 million or INR 4.40 per basic and diluted share for the last year. For the six months, the company reported total income from operation (net) of INR 538.877 million compared to INR 409.545 million, profit from operations of INR 54.021 million compared to INR 54.365 million, profit from ordinary activities before tax of INR 45.867 million compared to INR 40.694 million and net profit of INR 35.867 million or INR 7.83 per basic and diluted share compared to INR 30.194 million or INR 6.59 per basic and diluted share for the last year.

 

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Valuation METC Industry Range
Price/Earnings 9.8x
Price/Sales 0.5x
Price/Book 1.3x
Price/Cash Flow 4.2x
TEV/Sales 0.3x
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