Alicon Castalloy Limited has announced important dates for its shareholders regarding the final dividend for the financial year 2024-25. The company has set September 15, 2025, as the record date for determining shareholder eligibility for the dividend payment.

Dividend Details

Key Points

1. Record Date: The company has fixed September 15, 2025, as the record date for determining the eligibility of shareholders for the final dividend payment.

2. Book Closure: Alicon Castalloy's share transfer books will remain closed from September 15 to 19, 2025, both days inclusive.

3. Dividend Recommendation: The Board of Directors has recommended a final dividend of Rs. 3.00 per equity share, which represents a 60% dividend rate on the face value of Rs. 5.00 per share.

4. Financial Year: The dividend pertains to the financial year 2024-25.

Additional Information

In a separate announcement, Alicon Castalloy also held an analysts' conference call on August 8, 2025, following the release of its unaudited financial results for the quarter ended June 30, 2025. The audio recording of this call has been made available on the company's website, demonstrating Alicon Castalloy's commitment to transparency and investor communication.

Shareholders and potential investors are advised to take note of these important dates and announcements. The dividend payment, once approved at the Annual General Meeting, will be processed for eligible shareholders as per the record date mentioned above.

Alicon Castalloy , a leading integrated manufacturer of aluminum castings in India, has announced its financial results for the first quarter of fiscal year 2026, demonstrating resilience in the face of challenging market conditions.

Financial Performance

For Q1 FY26, Alicon Castalloy reported:

• Total income of Rs. 418.70 crore, down 5% year-on-year from Rs. 440.70 crore
• EBITDA of Rs. 49.90 crore, a 14% decrease from Rs. 58.30 crore in Q1 FY25
• Profit before tax (pre-exceptional) of Rs. 15.20 crore, down 41% from Rs. 25.50 crore in the same quarter last year
• Profit after tax of Rs. 9.30 crore, a 51% decrease from Rs. 19.00 crore in Q1 FY25

Despite the year-on-year decline, the company showed sequential improvement in profitability:

• EBITDA rose 4% compared to the previous quarter
• PBT increased by 16% quarter-on-quarter

Market Dynamics and Challenges

Alicon Castalloy faced several headwinds during the quarter:

• Macro-economic volatility
• Tariff uncertainty
• Shortage of rare earth materials from China
• Muted demand, with the company's addressable market declining nearly 4%

Despite these challenges, the global automotive industry witnessed a 1.7% year-on-year growth in production volumes, while the Indian auto industry reported a 1.5% growth.

Operational Highlights

• Manufacturing facilities operated at utilization levels of around 73%
• The company booked 7 new parts from 5 customers in Q1 FY26
• 5 parts pertain to global business, and 2 parts are for domestic customers

Strategic Initiatives

Alicon Castalloy has taken several steps to strengthen its position:

1. Appointed Manish Kapoor as Chief Operating Officer, bringing over 30 years of industry experience
2. Established a dedicated vertical for Defence, Aerospace, and Railways (DAR) sectors under Harshvardhan Gune
3. Continued focus on cost optimization to enhance margin resilience
4. Ongoing efforts to improve profitability and margins

Management Commentary

Rajeev Sikand, Group CEO of Alicon Castalloy, stated, "We are pleased to commence FY26 on a positive trajectory, reporting revenues of ₹419 crore despite multiple headwinds. This resilient performance reflects the strength of our diversified portfolio and agility of our operations."

He added, "We continue to work towards improving profitability and margins further. While profitability has recovered from the sharp fall two quarters ago, it continues to be impacted by shifts in product mix and certain upfront costs."

Future Outlook

Alicon Castalloy remains committed to building a future-ready organization that is resilient, diversified, and poised to capture emerging opportunities across geographies and vehicle segments. The company's focus on the DAR sectors and cost optimization initiatives are expected to contribute to its long-term growth strategy.

Dividend Announcement

The Board of Directors has recommended a final dividend of Rs. 3.00 per equity share (60%) for the Financial Year 2024-2025.

Annual General Meeting

The 35th Annual General Meeting of the shareholders will be held on September 19, 2025, through video conferencing or other audio-visual means.