Electrosteel Castings Limited has released the audio recording of its conference call held on February 06, 2026, discussing the company's Q3 & 9M FY26 earnings performance. The call was conducted as scheduled at 4:00 pm IST, following the company's prior intimation dated January 30, 2026.

Regulatory Compliance and Disclosure

The audio recording release is part of the company's compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework mandates listed companies to ensure transparent communication of material information to stakeholders and the investing public.

Company Information and Stock Exchange Details

Electrosteel Castings Limited operates with its head office located at G.K.Tower, 19 Camac Street, Kolkata 700 017, while the registered office is situated at Rathod Colony, Rajgangpur, Odisha 770 017. The company maintains its corporate identity under CIN: L27310OR1955PLC000310.

Stakeholder Access and Documentation

The conference call audio recording has been made available to provide stakeholders, investors, and analysts with comprehensive access to management discussions regarding the company's financial performance for Q3 & 9M FY26. This initiative supports the company's commitment to maintaining transparency and facilitating informed decision-making among its investor community.

The disclosure was formally communicated to both BSE Limited and National Stock Exchange of India Limited, ensuring compliance with listing requirements across both major stock exchanges where the company's shares are traded.

Electrosteel Castings Limited has announced challenging Q3FY26 financial results, showing significant declines across key performance metrics. The company reported consolidated total income of ₹1,526 crores for Q3FY26, representing a 16.1% year-on-year decline from ₹1,819 crores in Q3FY25. The company recorded a profit after tax loss of ₹22 crores compared to a profit of ₹160 crores in the corresponding quarter of the previous year, primarily attributed to lower government spending on water infrastructure projects over recent quarters.

Q3FY26 Consolidated Financial Performance

The latest quarterly results reveal substantial operational challenges across all major financial indicators. EBITDA declined significantly to ₹88 crores from ₹294 crores in Q3FY25, representing a 70.1% year-on-year drop. The EBITDA margin compressed to 5.8% from 16.2% in the same quarter last year, indicating pressure on operational efficiency and profitability.

Nine Months FY26 Performance Overview

The nine-month performance for FY26 also reflects the challenging operating environment. Consolidated total income for 9MFY26 stood at ₹4,602 crores, down 19.3% from ₹5,704 crores in 9MFY25. Despite the revenue decline, the company maintained profitability with PAT of ₹145 crores for the nine-month period, though significantly lower than ₹541 crores achieved in 9MFY25.

Standalone Financial Results

The standalone financial performance mirrors the consolidated trends with total income of ₹1,290 crores in Q3FY26, declining 23.0% year-on-year from ₹1,675 crores in Q3FY25. Standalone PAT recorded a loss of ₹20 crores compared to a profit of ₹157 crores in the previous year's corresponding quarter. The company sold 1.34 lakh tons of DI Pipes, Fittings and CI Pipes in Q3FY26 compared to 1.39 lakh tons in Q2FY26.

Exceptional Items and Regulatory Compliance

The financial results include an exceptional item of ₹38 crores during the quarter, representing a provision made in compliance with the new labour code. The results were considered and approved during the board meeting held on February 6, 2026, with proper regulatory notifications sent to BSE Limited and National Stock Exchange of India Limited under SEBI regulations.

Future Outlook and Government Initiatives

Despite current challenges, the company remains optimistic about future prospects. The Government of India has allocated ₹67,600 crores for Jal Jeevan Mission in the budget for the next financial year, with a revised outlay of approximately ₹17,000 crores for the current financial year. The company expects execution recovery to gain traction with normalization of government funding and continued policy focus on rural water supply and sustainability initiatives.