Foseco India Q4 FY26 Results: Consolidated Net Profit Surges 54% YoY
Foseco India Limited reported Q4 FY26 consolidated revenue from operations of ₹20,187.96 lakhs and net profit of ₹3,348.69 lakhs, up from ₹14,851.49 lakhs and ₹2,166.87 lakhs respectively in the prior-year quarter. Standalone net profit stood at ₹2,396.17 lakhs with EPS of ₹31.79. The results include exceptional income of ₹216.37 lakhs from a provision reversal related to the subsidiary, and the Board re-appointed Ernst & Young LLP as Internal Auditor for one year effective April 1, 2026.
*this image is generated using AI for illustrative purposes only.
Foseco India Limited 's Board of Directors approved the unaudited standalone and consolidated financial results for the quarter ended March 31, 2026, at its meeting held on May 12, 2026. The Board also approved the re-appointment of Ernst & Young LLP, Pune, as the Internal Auditor for a period of one year effective from April 1, 2026. The statutory auditors, Price Waterhouse Chartered Accountants LLP, conducted a limited review of both standalone and consolidated financial results and issued unmodified reports.
Standalone Financial Performance
On a standalone basis, Foseco India reported strong revenue growth for Q4 FY26. Revenue from operations stood at ₹16,270.26 lakhs, compared to ₹14,851.49 lakhs in the corresponding quarter of the previous year. Total income from operations, including other income of ₹543.01 lakhs, was ₹16,813.27 lakhs. Net profit for the quarter was ₹2,396.17 lakhs, with basic and diluted EPS at ₹31.79.
| Metric: | Q4 FY26 | Q4 FY25 |
|---|---|---|
| Revenue from Operations (₹ Lakhs): | 16,270.26 | 14,851.49 |
| Other Income (₹ Lakhs): | 543.01 | 422.07 |
| Total Income from Operations (₹ Lakhs): | 16,813.27 | 15,273.56 |
| Total Expenses (₹ Lakhs): | 13,587.71 | 12,359.23 |
| Profit Before Tax (₹ Lakhs): | 3,225.56 | 2,914.33 |
| Net Profit (₹ Lakhs): | 2,396.17 | 2,166.87 |
| Basic & Diluted EPS (₹): | 31.79 | 33.93 |
Consolidated Financial Performance
On a consolidated basis, Foseco India's performance reflected the inclusion of its subsidiary, Foseco Crucible (India) Limited (formerly known as Morganite Crucible (India) Limited). Consolidated revenue from operations for Q4 FY26 rose to ₹20,187.96 lakhs from ₹14,851.49 lakhs in the corresponding prior-year period. Net profit for the period stood at ₹3,348.69 lakhs, with net profit attributable to owners of the parent at ₹3,381.10 lakhs. Consolidated basic and diluted EPS came in at ₹44.86 for the quarter.
| Metric: | Q4 FY26 | Q4 FY25 |
|---|---|---|
| Revenue from Operations (₹ Lakhs): | 20,187.96 | 14,851.49 |
| Other Income (₹ Lakhs): | 835.11 | 422.07 |
| Total Income from Operations (₹ Lakhs): | 21,023.09 | 15,273.56 |
| Total Expenses (₹ Lakhs): | 16,880.39 | 12,359.23 |
| Profit Before Tax (₹ Lakhs): | 4,359.07 | 2,914.33 |
| Net Profit (₹ Lakhs): | 3,348.69 | 2,166.87 |
| Net Profit Attributable to Parent (₹ Lakhs): | 3,381.10 | 2,166.87 |
| Basic & Diluted EPS (₹): | 44.86 | 33.93 |
Exceptional Items and Corporate Developments
The consolidated results for Q4 FY26 include an exceptional income of ₹216.37 lakhs, representing a reversal of a provision pertaining to the subsidiary. This reversal followed additional clarifications issued by the Ministry of Labour & Employment, which led management to reassess the liability towards gratuity and compensated absences related to Foseco Crucible (India) Limited. In the preceding quarter, exceptional expenses of ₹1,686.40 lakhs had been recognised. The Board also noted that the Open Offer for Foseco Crucible (India) Limited concluded on January 13, 2026, with 99,081 shares tendered by public shareholders for a consideration of ₹1,542.84 lakhs, out of ₹21,810 lakhs deposited in the Escrow Account for the purpose of the Open Offer.
| Parameter: | Details |
|---|---|
| Exceptional Income (Q4 FY26, ₹ Lakhs): | 216.37 |
| Exceptional Expenses (Q3 FY26, ₹ Lakhs): | 1,686.40 |
| Open Offer Conclusion Date: | January 13, 2026 |
| Shares Tendered: | 99,081 |
| Open Offer Consideration (₹ Lakhs): | 1,542.84 |
| Escrow Deposit (₹ Lakhs): | 21,810 |
Subsidiary Performance and Auditor Details
The subsidiary, Foseco Crucible (India) Limited, reported total revenue from operations of ₹3,735.20 lakhs, a net loss after tax of ₹139.61 lakhs, and total comprehensive income of ₹(75.68) lakhs for the quarter. The subsidiary's interim financial information was reviewed by separate auditors under SRE 2410, who issued an unmodified conclusion. The company operates in a single reportable segment — metallurgical products and services — in accordance with Ind AS 108. The financial results were prepared in compliance with Ind AS 34 and Regulation 33 of the SEBI Listing Regulations.
Historical Stock Returns for Foseco
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -8.51% | +4.03% | +10.64% | -8.61% | +23.48% | +268.21% |
How will the full integration of Foseco Crucible (India) Limited impact Foseco India's consolidated margins and profitability over the next 2-3 fiscal years, given the subsidiary's current net loss position?
With only 99,081 shares tendered against an escrow of ₹21,810 lakhs during the Open Offer, how does Foseco India plan to utilize the remaining undeployed capital, and could a delisting of Foseco Crucible be on the horizon?
Given the strong standalone revenue growth of ~9.5% YoY, what are the key demand drivers from India's foundry and casting industry, and how might a slowdown in automotive or infrastructure spending affect Foseco India's top-line trajectory?
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
