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
scanx
Reviewed by
Ashish ThakurScanX 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.

24134252

*this image is generated using AI for illustrative purposes only.

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.

Historical Stock Returns for Creative Castings

1 Day5 Days1 Month6 Months1 Year5 Years
+1.70%-0.17%+3.11%-3.32%-24.18%-0.59%
Creative Castings
View in Depthredirect
like17
dislike

Creative Castings Limited Shareholders Approve Rs 10 Final Dividend

1 min read     Updated on 25 Sept 2025, 06:49 PM
scanx
Reviewed by
Shriram ShekharScanX News Team
Overview

Creative Castings Limited held its 40th Annual General Meeting on September 25, where shareholders approved a final dividend of Rs 10 per equity share for the financial year ended March 31. The AGM also saw the passage of key resolutions including the adoption of financial statements, reappointment of directors, and appointment of auditors. All resolutions were passed with an overwhelming majority. The company announced the closure of its trading window for designated persons from October 1 until 48 hours after the declaration of Q2 unaudited financial results.

20351954

*this image is generated using AI for illustrative purposes only.

Creative Castings Limited , a manufacturer of steel and alloy steel investment castings, held its 40th Annual General Meeting (AGM) on September 25, where shareholders approved several key resolutions, including a final dividend of Rs 10 per equity share for the financial year ended March 31.

Dividend Declaration

The company's shareholders gave their nod to a final dividend of Rs 10 per equity share, representing a 100% payout. This decision underscores Creative Castings Limited's commitment to rewarding its shareholders and reflects its financial performance for the year.

AGM Proceedings

The AGM, held at the company's registered office in Junagadh, Gujarat, saw the passage of several important resolutions:

  1. Adoption of financial statements
  2. Appointment of Mr. Hiren Narottam Vadgama as a director, who was eligible for reappointment after retiring by rotation
  3. Reappointment of the company's auditor
  4. Appointment of a secretarial auditor
  5. Reappointment of Mr. Palak Jayeshbhai Doshi as an Independent Director for a second term

Voting Results

The company reported that all resolutions were passed with an overwhelming majority. The voting process included both remote e-voting and polling at the AGM. According to the scrutinizer's report:

Resolution Type Votes in Favor Votes Against
Ordinary 397,391 3
Special 397,391 3

Management Presence

The AGM was attended by key management personnel, including:

  • Mr. Dhirubhai Haribhai Dand (Non-Executive Chairman)
  • Mr. Rajan Ramniklal Bambhania (Managing Director)
  • Mr. Siddharth Vallabhbhai Vaishnav (Whole-time Director)
  • Other board members and key managerial personnel

Compliance and Transparency

Creative Castings Limited has affirmed its compliance with applicable provisions of the Companies Act, 2013, Secretarial Standards, and SEBI Listing Regulations in conducting the AGM. The company also announced the closure of its trading window for designated persons from October 1, until 48 hours after the declaration of unaudited financial results for the second quarter ending September 30, in line with SEBI regulations on insider trading.

The approval of these resolutions, particularly the dividend declaration, signals the company's stable financial position and its focus on shareholder value. Investors and market watchers will likely keep a close eye on Creative Castings Limited's performance in the coming quarters, especially given the current economic climate and the company's position in the steel and alloy castings sector.

Historical Stock Returns for Creative Castings

1 Day5 Days1 Month6 Months1 Year5 Years
+1.70%-0.17%+3.11%-3.32%-24.18%-0.59%
Creative Castings
View in Depthredirect
like17
dislike
More News on Creative Castings
Explore Other Articles
586.00
+9.80
(+1.70%)