Creative Castings promoter group gifts 22,889 shares off-market

1 min read     Updated on 30 Jun 2026, 10:15 PM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Creative Castings Limited disclosed an off-market inter-se transfer of 22,889 equity shares by way of gift among its promoter group members. Purvi S Thanki disposed of the shares, which were acquired by Jignesh S Thanki and Pinak S Thanki. The transaction, valued at Rs. 543.95 per share, was intimated to the company on June 30, 2026.

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creative castings disclosed an off-market inter-se transfer of equity shares by way of gift among members of its promoter group. The transfer involved 22,889 shares gifted by Purvi S Thanki to Jignesh S Thanki and Pinak S Thanki. The company informed BSE Limited regarding the transaction in a filing submitted on June 30, 2026.

Purvi S Thanki, a member of the promoter group, disposed of 22,889 equity shares, reducing her holding to 11 shares. Jignesh S Thanki, a Promoter & Director, acquired 11,444 shares, increasing his total holding to 42,994 shares. Pinak S Thanki, also a member of the promoter group, acquired 11,445 shares, raising his total holding to 37,295 shares.

The transaction was executed off-market on June 29, 2026. For the purpose of disclosure, a market price of Rs. 543.95 per equity share was considered to arrive at the transaction value. The value of the transaction excludes taxes, brokerage, or any other charges.

Shareholding Details

The following table outlines the changes in shareholding for the individuals involved in the transfer:

Name Category Prior Holding Shares Transferred Post-Transfer Holding
Purvi S Thanki Member of Promoter Group 22,900 (1.76%) 22,889 11 (0.00%)
Jignesh S Thanki Promoter & Director 31,550 (2.43%) 11,444 42,994 (3.31%)
Pinak S Thanki Member of Promoter Group 25,850 (1.99%) 11,445 37,295 (2.87%)

The disclosures were made in Form C under Regulation 7(2)(a) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The company confirmed that there was no trading in derivatives by the promoter group members during this period.

Historical Stock Returns for Creative Castings

1 Day5 Days1 Month6 Months1 Year5 Years
-1.69%0.0%+1.14%+1.14%-20.02%-10.93%

How might this redistribution of promoter shares influence the company's future governance and strategic decision-making?

Does this transfer indicate a potential succession plan or shift in leadership roles within the promoter group?

Could the increased holdings by Jignesh S Thanki and Pinak S Thanki signal confidence in the company's future performance?

Creative Castings FY26 Net Profit Rises 20.4% to ₹437 Lakhs

3 min read     Updated on 18 May 2026, 01:13 PM
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Jubin VScanX News Team
AI Summary

Creative Castings Limited reported a 20.4% increase in net profit to ₹437.05 lakhs for FY26, with revenue from operations rising to ₹4,827.51 lakhs. For Q4 FY26, net profit was ₹101.98 lakhs on revenue of ₹1,142.73 lakhs. The Board approved the re-appointment of the internal auditor and adopted the Annual Secretarial Compliance Report.

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Creative Castings Limited reported its audited standalone financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results at its meeting held on May 16, 2026. The company does not have any subsidiary, associate, or joint venture, and accordingly, only standalone results were submitted.

Annual Financial Performance

The company recorded a 20.4% increase in net profit for FY26, which rose to ₹437.05 lakhs from ₹362.92 lakhs in the previous year. Revenue from operations grew to ₹4,827.51 lakhs from ₹4,351.35 lakhs in FY25. Total income for the year stood at ₹4,985.28 lakhs, compared to ₹4,463.34 lakhs in the prior year. Total comprehensive income for FY26 was ₹460.74 lakhs, against ₹408.36 lakhs in FY25.

Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from Operations 4,827.51 4,351.35
Total Income 4,985.28 4,463.34
Total Expenses 4,356.77 3,931.45
Net Profit 437.05 362.92
Basic EPS (₹) 33.62 27.92

Quarterly Highlights

For the quarter ended March 31, 2026, revenue from operations stood at ₹1,142.73 lakhs, compared to ₹1,062.98 lakhs in the corresponding quarter of the previous year. Net profit for Q4 FY26 was ₹101.98 lakhs, versus ₹104.65 lakhs in Q4 FY25. Basic and diluted EPS for the quarter were ₹7.84.

Metric Q4 FY26 (₹ in Lakhs) Q4 FY25 (₹ in Lakhs)
Revenue from Operations 1,142.73 1,062.98
Total Income 1,181.99 1,091.13
Net Profit 101.98 104.65

Board Decisions

The Board approved the re-appointment of M/s. Subhash Akbari & Co., Chartered Accountants, as Internal Auditor for the financial year 2026-27. Additionally, the Board adopted the Annual Secretarial Compliance Report issued by M/s. M. Buha & Co. for FY26 and approved related party transactions.

Historical Stock Returns for Creative Castings

1 Day5 Days1 Month6 Months1 Year5 Years
-1.69%0.0%+1.14%+1.14%-20.02%-10.93%

Given the sequential decline in Q4 FY26 revenue and net profit compared to Q3 FY26, what factors could explain the seasonal weakness and whether this trend is likely to persist into Q1 FY27?

With total expenses growing at a faster pace (~10.8%) than revenue (~10.9%) in FY26, how sustainable is Creative Castings' profit margin expansion in the face of potential raw material cost pressures in the castings industry?

As Creative Castings has maintained a stable equity share capital of ₹130 lakhs with no subsidiaries or joint ventures, are there any plans for capacity expansion, acquisitions, or diversification that could accelerate growth beyond the current organic trajectory?

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