Swastika Castal FY26 Net Profit at ₹328.18 Lakh

1 min read     Updated on 20 May 2026, 05:45 PM
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AI Summary

Swastika Castal Ltd announced its audited standalone financial results for FY26, reporting a net profit of ₹328.18 lakh, a decrease from the previous year's ₹434.44 lakh. Revenue from operations increased to ₹3,535.41 lakh from ₹3,014.18 lakh in FY25. The company fully utilized its IPO proceeds of ₹1,209.68 lakh, allocating funds to capital expenditure, debt repayment, and corporate purposes. Total assets grew to ₹4,357.96 lakh, with equity rising to ₹2,588.30 lakh post-IPO.

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Swastika Castal Ltd has announced its audited standalone financial results for the year ended March 31, 2026. The company reported a net profit of ₹328.18 lakh for the fiscal year, compared to ₹434.44 lakh in the previous year. Revenue from operations for FY26 stood at ₹3,535.41 lakh, an increase from ₹3,014.18 lakh in FY25. The board meeting to consider the results was held on May 20, 2026.

Financial Performance

The company's total income for the year ended March 31, 2026, reached ₹3,619.09 lakh. Total expenses for the period were reported at ₹3,163.21 lakh. The profit before tax for the year was ₹455.88 lakh, while the total tax expense amounted to ₹127.70 lakh. For the half-year ended March 31, 2026, the net profit was ₹196.25 lakh on a total income of ₹1,901.95 lakh.

The key financial metrics for the year are summarised below:

Parameter FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from Operations 3,535.41 3,014.18
Total Income 3,619.09 3,028.58
Total Expenses 3,163.21 2,691.55
Net Profit 328.18 434.44
Earnings Per Share (Basic) 4.02 7.24

Operational Highlights and IPO Utilization

The board meeting also reviewed the utilization of proceeds from the company's Initial Public Offering (IPO). The IPO, consisting of 21,64,000 equity shares at an issue price of ₹65 per share, was listed on the BSE SME on July 28, 2025. The total net proceeds amounted to ₹1,209.68 lakh.

As of March 31, 2026, the company has fully utilized the IPO proceeds across three categories: ₹500.00 lakh for funding capital expenditure for a new project in its subsidiary, ₹550.00 lakh for repayment of borrowings, and ₹356.60 lakh for general corporate purposes.

Balance Sheet and Cash Flow

The company's total assets as of March 31, 2026, stood at ₹4,357.96 lakh, compared to ₹3,122.25 lakh in the previous year. Total equity increased to ₹2,588.30 lakh from ₹1,066.98 lakh, driven by the equity share capital of ₹816.40 lakh post-IPO. Cash and cash equivalents at the end of the year were ₹13.14 lakh. The auditors, O.P. Rathi & Co., issued an unmodified opinion on the financial results.

Historical Stock Returns for Swastika Castal

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+5.73%-10.45%-36.13%-34.33%-34.33%

How will the ₹500 lakh capital expenditure deployed in the subsidiary translate into revenue contribution in FY27, and what is the expected timeline for the new project to reach operational capacity?

Given the decline in net profit margin despite revenue growth, what cost optimization strategies is Swastika Castal likely to implement to improve profitability in the coming fiscal year?

With cash and cash equivalents at just ₹13.14 lakh post-IPO utilization, how will the company fund its working capital requirements and any future expansion plans?

Swastika Castal Receives Intimation of Fortune Hands Growth Fund's 5.02% Stake Acquisition

2 min read     Updated on 10 Apr 2026, 12:08 PM
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Swastika Castal Limited officially intimated BSE about Fortune Hands Growth Fund Scheme I's substantial acquisition crossing 5% threshold. The fund acquired 10,000 shares through market purchase, increasing its holding from 4,00,000 shares (4.90%) to 4,10,000 shares (5.02%) in the BSE SME-listed aluminium casting company.

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Swastika Castal Limited has received formal intimation from Fortune Hands Growth Fund Scheme I regarding the acquisition of shares exceeding 5% of the company's paid-up share capital. The company disclosed this information to BSE Limited on April 9, 2026, in compliance with SEBI regulations.

Official Company Intimation

The company's intimation to BSE was signed by Mukesh Kumar Khanna, Company Secretary & Compliance Officer, confirming receipt of the substantial acquisition disclosure from Fortune Hands Growth Fund Scheme I. The fund, which is not part of the promoter group, has crossed the 5% threshold through market purchase transactions.

Company Details Information
Scrip Code 544452
CIN U27101WB1996 PLC 079995
Stock Exchange BSE SME
Corporate Office Vadodara, Gujarat

Acquisition Transaction Details

Fortune Hands Growth Fund Scheme I acquired 10,000 shares carrying voting rights through market purchase on March 30, 2026. The acquisition represents 0.12% of the company's total share capital and voting rights.

Parameter Before Acquisition Acquisition After Acquisition
Shares Held 4,00,000 10,000 4,10,000
Percentage Holding 4.90% 0.12% 5.02%
Voting Rights % 4.90% 0.12% 5.02%

Company Capital Structure

Swastika Castal Limited maintains a stable equity structure with consistent share capital before and after the acquisition.

Capital Details Specifications
Total Equity Share Capital 81,64,000 shares
Face Value per Share Rs. 10
Total Voting Capital 81,64,000 shares
Total Diluted Capital 81,64,000 shares

Regulatory Compliance Framework

The acquisition disclosure has been made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The formal intimation was filed from New Delhi by the authorized signatory of Fortune Hands Growth Fund Scheme I on April 9, 2026.

The fund's holding structure shows no encumbrances, pledges, voting rights through instruments other than equity shares, or convertible securities. The entire shareholding consists of equity shares carrying voting rights, with no warrants or other instruments in the portfolio.

Transaction Impact

The market purchase transaction establishes Fortune Hands Growth Fund Scheme I as a substantial shareholder in the BSE SME-listed company. The fund's total investment now represents 5.02% of both the total share capital and voting capital, adding to the institutional investor base of the aluminium casting company.

Historical Stock Returns for Swastika Castal

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+5.73%-10.45%-36.13%-34.33%-34.33%

Will Fortune Hands Growth Fund Scheme I continue accumulating shares and potentially trigger the mandatory open offer threshold of 25%?

How might this institutional investment influence Swastika Castal's strategic decisions and expansion plans in the aluminium casting sector?

Could this acquisition signal broader institutional interest in BSE SME-listed manufacturing companies, particularly in the metals sector?

More News on Swastika Castal

1 Year Returns:-34.33%