Thaai Casting Limited reported a consolidated net profit of ₹12.75 crore for the financial year ended March 31, 2026, reflecting a growth of 15.32% year-on-year. The company's consolidated total income rose to ₹146.36 crore, an increase of 18.89% from the previous year, driven by steady operational performance and new business wins. The standalone net profit for the year stood at ₹10.28 lakh, while revenue from operations was recorded at ₹12,259.77 lakh.

The company disclosed these figures during its earnings conference call held on May 29, 2026. Management highlighted that the order book currently stands at over ₹800 crore, excluding gas nitriding services. During FY26, the company secured domestic orders worth approximately ₹126.53 crore to be executed over 60 months, along with additional orders worth around ₹76.6 crore.

Financial Performance

For the full year FY26, Thaai Casting reported an EBITDA of ₹36.48 crore, up 19.29% year-on-year, with EBITDA margins expanding to 24.93%. Net cash flow from operating activities improved significantly to ₹35.44 crore from ₹1.19 crore in FY25. The company's total fixed assets, including capital work in progress, increased by approximately 73% to ₹178.53 crore, reflecting investments in capacity enhancement.

On a standalone basis, revenue from operations increased to ₹12,259.77 lakh from ₹10,651.27 lakh in FY25. Total expenses rose to ₹11,052.95 lakh from ₹9,331.96 lakh. The board approved the audited financial statements and the appointment of M/s. SVM & Associates as Cost Auditor and M/s. KEK & Associates, LLP as Internal Auditor for FY27.

Operational Highlights and Expansion

The company maintained healthy utilization levels of 75–80% across its casting and machining divisions. A key operational highlight was the gas nitriding segment, which contributed approximately ₹10 crore in revenue with operating margins of over 30%. The company operates three gas nitriding furnaces and has three additional units in the pipeline.

Thaai Casting is expanding into heavy machining and gear shaping, with a new plant commissioned for windmill gearbox shafts and planetary carriers. The facility is 90% ready, with machines currently in the installation stage. The company also participated in EUROGUSS 2026 in Germany to strengthen its global presence and export ambitions.

Capital Structure

During the year, the company raised approximately ₹3.49 crore via a preferential allotment to support future expansion and technology upgrades. The preferential issue proceeds totaling ₹31,48,97,800 were fully utilized towards expanding production capacity and general corporate purposes. The company also divested its partnership firm SIMTECH CNC during the year, which had contributed around ₹13–14 crore to consolidated revenue.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0QJL01014/d884fdd2088445c7.pdf

Thaai Casting Limited has disclosed that its promoters have not created any encumbrance on the company's shares during the financial year ended March 31, 2026. The declaration was submitted to the National Stock Exchange of India Ltd. and the company's Audit Committee on April 3, 2026.

The confirmation was provided by Mr. Sriramulu Anandan, a promoter of thaai casting , on behalf of the promoter and promoter group. The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration states that neither the promoters individually nor collectively, including persons acting in concert, created any encumbrance directly or indirectly on the shares of the company during the specified period.

Consequently, as no encumbrances were established, there were no instances of encumbrance release during the financial year. The promoter confirmed that the details provided are accurate to the best of his knowledge and belief.

Promoter and Promoter Group Details

The filing included a list of individuals classified as promoters and members of the promoter group. The table below outlines the names of these individuals as provided in Annexure-A of the declaration.

The declaration was signed by Mr. Sriramulu Anandan from his address in Nandambakkam, Kancheepuram, Tamil Nadu. A copy of the communication was forwarded to the Company Secretary of Thaai Casting Limited for record-keeping purposes.