Creative Newtech Transitions to BSE Main Board

1 min read     Updated on 09 Dec 2025, 09:26 AM
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Naman SScanX News Team
Overview

Creative Newtech Limited has successfully moved from the BSE SME platform to the Main Board of the Bombay Stock Exchange (BSE) on April 24, 2023. The company's scrip code is 543629 and ISIN is INE146E01015. This transition signifies growth beyond the SME stage and may lead to increased visibility, enhanced liquidity, stricter compliance requirements, and potentially new avenues for raising capital.

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Creative Newtech Makes Significant Move to BSE Main Board

Creative Newtech Limited has achieved a notable milestone in its journey as a public company. The firm has successfully transitioned from the BSE SME platform to the Main Board of the Bombay Stock Exchange (BSE).

Key Details of the Listing

  • Listing Date: April 24, 2023
  • Scrip Code: 543629
  • ISIN: INE146E01015

Significance of the Move

This transition marks a significant step forward for Creative Newtech. Moving to the Main Board typically indicates that a company has grown beyond the small and medium enterprise (SME) stage and may be ready for increased visibility and potentially wider investor participation.

Potential Implications

  1. Increased Visibility: Listing on the Main Board often leads to greater visibility among institutional investors and retail traders.

  2. Enhanced Liquidity: The move may result in improved liquidity for the company's shares.

  3. Stricter Compliance: Main Board listing usually comes with more stringent regulatory requirements, which can enhance the company's credibility.

  4. Access to Capital: The transition could potentially open up new avenues for raising capital in the future.

Investors and market participants may be watching closely to see how this transition impacts Creative Newtech's market performance and business operations in the coming months.

Note: This news primarily relates to the company's stock market listing and does not directly reflect on its financial performance or fundamentals. Investors are advised to conduct thorough research and consider multiple factors before making investment decisions.

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Creative Castings Limited Reports Mixed Q2 FY2026 Results with Revenue Dip and Profit Growth

2 min read     Updated on 08 Nov 2025, 01:27 PM
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Reviewed by
Ashish TScanX News Team
Overview

Creative Castings Limited's Q2 FY2026 results show a 21.15% YoY decline in revenue to ₹772.27 lakhs, but a 9.17% increase in net profit to ₹80.82 lakhs. Half-year results reveal a 3.11% revenue dip to ₹2,137.26 lakhs, with net profit surging 129.42% to ₹408.03 lakhs. The company's castings segment remains the primary revenue driver. Despite revenue challenges, improved profitability suggests effective cost management or enhanced operational efficiency.

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Creative Castings Limited , a manufacturer of steel and alloy steel investment castings, has released its unaudited financial results for the second quarter and half-year ended September 30, 2025. The results, approved by the Board of Directors on November 8, 2025, reveal a mixed performance with a decline in revenue but an increase in profitability.

Revenue and Profit Analysis

For Q2 FY2026, Creative Castings reported:

Metric Q2 FY2026 Q2 FY2025 YoY Change
Revenue from Operations ₹772.27 lakhs ₹979.42 lakhs -21.15%
Net Profit ₹80.82 lakhs ₹74.03 lakhs +9.17%

Despite the revenue decline, the company managed to improve its profitability, indicating potential efficiency gains or cost management efforts.

Half-Year Performance

The half-year results for FY2026 show:

Metric H1 FY2026 H1 FY2025 YoY Change
Revenue ₹2,137.26 lakhs ₹2,205.80 lakhs -3.11%
Net Profit ₹408.03 lakhs ₹177.85 lakhs +129.42%

The substantial increase in half-yearly profit despite a slight dip in revenue suggests significant improvements in operational efficiency or other income sources.

Segment-wise Performance

Creative Castings operates in two reportable segments:

  1. Castings
  2. Wind Turbine Power Generation

For Q2 FY2026, the segment-wise revenue was:

Segment Revenue
Castings ₹1,267.86 lakhs
Wind Turbine Power Generation ₹35.30 lakhs

The castings segment continues to be the primary revenue driver for the company.

Financial Position

As of September 30, 2025, Creative Castings reported:

  • Total Assets: ₹5,144.10 lakhs
  • Total Equity: ₹4,294.03 lakhs
  • Cash and Cash Equivalents: ₹213.49 lakhs

The company maintains a strong balance sheet with a high equity-to-assets ratio, indicating financial stability.

Management Commentary

While specific management comments were not provided in the LODR data, the improved profitability despite revenue challenges suggests that the company may have implemented effective cost control measures or improved its product mix to enhance margins.

The financial results were reviewed by the Audit Committee and received a limited review from the statutory auditors, J. C. Ranpura & Co., Chartered Accountants.

Investors and stakeholders should note that these are unaudited results and may be subject to changes upon final audit. The company's performance in the coming quarters will be crucial to watch, especially given the divergence between revenue and profit trends.

Creative Castings Limited continues to navigate market challenges while focusing on profitability, as evidenced by its latest quarterly results. The company's ability to maintain this profit growth trajectory in the face of revenue pressures will be a key factor to monitor in future reporting periods.

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