Simplex Castings Ltd reported a robust financial performance for FY26, with consolidated revenue growing approximately 18% to ₹202 crore. Profit after tax (PAT) surged 40.5% to ₹21.26 crore, while EBITDA increased by 20% to ₹37.39 crore, accompanied by margin expansion. The earnings conference call was held on May 29, 2026, and moderated by Merlin Capital Advisors, with key management representatives including Mr. Ketan Shah, Chairman and Executive Director, and Mr. Avinash Hariharno, Director of Finance.

Financial Highlights FY26

Operational and Strategic Updates

Management highlighted the approval received from RDSO to restart the manufacturing of wagon bogies, a product line the company had previously operated until 2019. With a new capacity of 200 to 250 bogies per month, the company is targeting both wagon manufacturers and the direct replacement market for Indian Railways. The realization per bogie set is approximately ₹3.5 lakh.

The company is also developing fabricated bogies for locomotives, passenger coaches, and metros like Vande Bharat. Approximately 50% of the proceeds from a recent preferential issue are being utilized to develop facilities for fabricated bogies. Additionally, Simplex Castings has secured developmental orders for fabricated bogies and is executing prestigious orders from clients such as Thyssen, SMS, and BHEL.

Future Guidance

For FY27, the company targets a revenue of ₹300 crore, comprising ₹200 crore from existing business, ₹50 crore from the casted railway business, and ₹50 crore from the power sector. The company has guided for a capital expenditure of ₹25 crore for FY27, having spent roughly ₹15 crore in FY26. Management aims to maintain margins in the 8-10% range while focusing on execution to support its growth trajectory.

Simplex Castings Limited has authorized its Key Managerial Personnel (KMP) to determine the materiality of events and make disclosures to stock exchanges following the resignation of its Company Secretary and Compliance Officer, Ms. Sakshi Jain. The authorization, effective June 1, 2026, was communicated to BSE Limited and Calcutta Stock Exchange under Regulation 30(5) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board of Directors has designated four senior officials to handle these responsibilities. This step ensures compliance with regulatory requirements for timely and accurate disclosures to the exchanges after the departure of the previous compliance officer.

Authorized Personnel

The following KMPs are now authorized to determine materiality and make disclosures:

Ms. Jain resigned from her positions effective the close of business hours on June 1, 2026, to pursue other career opportunities. The company confirmed there were no other material reasons for her departure. The intimation regarding her resignation was submitted pursuant to Regulation 30 read with sub-para 7 of Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015.