Is Alicon Castalloy the Best Stock in Its Sector? A Look at the Numbers

Alicon Castalloy CMP Rs 695 (18 Sep 2026). Market cap Rs 1,136 Cr. ROE 6.24%. P/E 31.06x versus Industry P/E 50.74x.

Updated: 18 Sept 2026 • 9:30 am

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Is Alicon Castalloy the Best Stock in Its Sector? A Look at the Numbers

Quick Answer

Alicon Castalloy is one of the names investors compare when screening the Automobile & Ancillaries sector, built on a 6.24% return on equity and a P/E of 31.06x against an Industry P/E of 50.74x. Whether Alicon Castalloy is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Automobile & Ancillaries sector peers, so you can judge that for yourself.

Is Alicon Castalloy the best stock in its sector? The stock trades on the NSE at Rs 695 as of 18 September 2026, within its 52-week range of Rs 580.00 to Rs 1,022.00. Alicon Castalloy Ltd manufactures aluminium castings and components for two-wheeler and passenger vehicle manufacturers.

Alicon Castalloy sits in the Automobile & Ancillaries sector, and its 6.24% ROE and 31.06x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector's Industry P/E benchmark.

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Table of Contents

About Alicon Castalloy

Alicon Castalloy Ltd manufactures aluminium castings and components for two-wheeler and passenger vehicle manufacturers. It manufactures aluminium castings and components used mainly by two-wheeler and passenger vehicle makers, an upstream supplier role rather than a branded component maker. At a market capitalisation of Rs 1,136 Cr, it is tracked as part of the Automobile & Ancillaries sector on Univest.

Is Alicon Castalloy the Best Stock in Its Sector?

Alicon Castalloy makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 6.24% ROE with a 31.06x P/E against the sector's 50.74x Industry P/E. Alicon Castalloy's 31.06x P/E is well below the 50.74x Industry P/E, though its 6.24% ROE trails Motherson Sumi Wiring and UNO Minda in this series, reflecting thinner margins typical of upstream casting suppliers versus branded component makers.

Metric	Alicon Castalloy
CMP (NSE)	Rs 695.15
52-Week High / Low	Rs 1,022.00 / Rs 580.00
Market Cap	Rs 1,136 Cr
P/E (TTM) vs Industry P/E	31.06x vs 50.74x
P/B	1.81
ROE	6.24%
EPS (TTM)	Rs 22.28
Dividend Yield	0.72%
Debt to Equity	0.56

Compare Alicon Castalloy Against Other Automobile & Ancillaries Sector Stocks

How Alicon Castalloy Compares Against Its Automobile & Ancillaries Sector Peers

The table below sets Alicon Castalloy against 3 other Automobile & Ancillaries sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 3 peer companies.

Company	Market Cap (Rs Cr)	P/E	ROE	Debt to Equity
Alicon Castalloy	1,136	31.06	6.24%	0.56
Motherson Sumi Wiring India	23,251	36.91	28.92%	0.11
UNO Minda	67,073	51.97	17.53%	0.40
Sundram Fasteners	26,008	42.39	13.83%	0.15
Peer average (3 companies)	-	43.76	20.09%	0.22

Against this peer set, Alicon Castalloy's 6.24% ROE is below the 20.09% peer average, and its P/E of 31.06x runs below the peer average of 43.76x. Alicon Castalloy's 31.06x P/E is well below the 50.74x Industry P/E, though its 6.24% ROE trails Motherson Sumi Wiring and UNO Minda in this series, reflecting thinner margins typical of upstream casting suppliers versus branded component makers.

What Makes Alicon Castalloy Worth Watching in Automobile & Ancillaries

Well below Industry P/E: A 31.06x P/E against a 50.74x Industry P/E is a wide discount for an aluminium castings manufacturer.
Aluminium casting supply niche: Manufacturing aluminium castings for two-wheeler and passenger vehicle makers positions Alicon Castalloy as an upstream components supplier.
Moderate leverage: A debt to equity ratio of 0.56 is manageable for a capital-intensive casting manufacturer.

Alicon Castalloy Valuation: Is It Justified?

Alicon Castalloy's 31.06x P/E is well below the 50.74x Industry P/E, though its 6.24% ROE trails Motherson Sumi Wiring and UNO Minda in this series, reflecting thinner margins typical of upstream casting suppliers versus branded component makers. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.

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Download the Univest iOS App or Univest Android App to track Alicon Castalloy and other Automobile & Ancillaries sector stocks.

How to Track Alicon Castalloy Before You Invest

Before deciding whether Alicon Castalloy deserves its label as the best stock in its sector for your own portfolio, compare it directly against Automobile & Ancillaries sector peers using the steps below.

Open the Univest Screener and search for Alicon Castalloy to view live price, valuation ratios, and peer comparisons within the Automobile & Ancillaries sector.
Compare its P/E, P/B, and ROE against other Automobile & Ancillaries sector stocks before deciding if the current valuation fits your strategy.
Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.

Conclusion

Alicon Castalloy earns a place in the best stock in its sector conversation on the strength of a 6.24% ROE and a P/E of 31.06x against a 50.74x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Is Alicon Castalloy the best stock in its sector?

Ans. Alicon Castalloy has a 6.24% ROE and trades at 31.06x P/E against a 50.74x Industry P/E, and compares below the peer average ROE of 20.09% in this article's named comparison, so the answer depends on what an investor is prioritising.

What is the current share price of Alicon Castalloy?

Ans. Alicon Castalloy was trading at Rs 695.15 on the NSE as of 18 September 2026, within its 52-week range of Rs 580.00 to Rs 1,022.00.

What sector does Alicon Castalloy belong to?

Ans. Alicon Castalloy is classified under the Automobile & Ancillaries sector on Univest.

How does Alicon Castalloy compare to its sector peers on P/E?

Ans. Alicon Castalloy's P/E of 31.06x is below the 43.76x average of the 3 named peers compared in this article.

What is Alicon Castalloy's return on equity?

Ans. Alicon Castalloy reported a return on equity of 6.24%, which is below the 20.09% average of its named peers in this comparison.

Should I invest in Alicon Castalloy based on its sector position?

Ans. Alicon Castalloy's sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.