Investment & Precision Castings Reports Strong Q2 Results; Independent Director to Step Down

Investment & Precision Castings Limited (IPCL) has announced its unaudited financial results for the second quarter and half-year ended September 30, showcasing robust performance and strategic developments.

Financial Highlights

IPCL reported impressive financial results for Q2:

Particulars (Rs in Lacs)	Q2 2025-26	Q2 2024-25	Y-o-Y Growth
Revenue from Operations	4,502.23	4,189.99	7.5%
Total Income	4,546.39	4,219.89	7.7%
Profit before Tax	426.03	207.31	105.5%
Net Profit	303.32	153.87	97.1%
Earnings Per Share (EPS)	3.03	1.54	97.1%

The company's performance shows significant year-on-year growth, with net profit nearly doubling compared to the same quarter last year.

Key Achievements and Market Outlook

IPCL has made notable strides in the aerospace and defense sectors:

Developed aerospace-grade components recognized by Hindustan Aeronautics Limited (HAL).
Received the SIDM Champions Award in both Defense and Aerospace categories, marking a milestone in technological excellence.

The company reports a resurgence in demand, supported by recent amendments under GST 2.0. This policy improvement has strengthened market sentiment and helped reverse the previous slowdown. IPCL has seen strong order inflows from defense sector customers, reinforcing its position in high-precision manufacturing.

Management expects robust growth momentum across both automotive and non-automotive sectors. The non-auto segment is particularly poised for expansion, backed by substantial orders linked to government and defense programs.

Operational Update

IPCL has invested in a solar plant, which is reflected in the movement of other current assets in the cash flow statement. Once operational, this plant is expected to positively influence cash flows, aligning with the company's ESG initiatives.

Board Changes

Mrs. Mamtadevi Raol, an Independent Director, will step down from her position effective January 12, 2026, upon completion of her five-year term. She has decided not to seek reappointment.

Company Overview

Established in 1975, IPCL is a pioneer in Lost-Wax Investment Castings in India. The company has an annual capacity of over 3,060 tons and caters to a diverse range of industries including automotive, aerospace, defense, and medical sectors. IPCL's manufacturing technologies include Lost Wax Investment Castings, Vacuum Investment Castings, and Rapid Prototyping.

IPCL's Chairman & Managing Director, Mr. Piyush I Tamboli, expressed appreciation to investors, customers, and employees for their continued confidence and commitment as the company progresses on its path of steady and sustainable growth.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.44%	+5.91%	+0.41%	+3.73%	+26.72%	+614.79%

Investment & Precision Castings Ltd (IPCL), a key player in India's aerospace and defense manufacturing sector, has achieved a significant milestone by securing the prestigious SIDM Champions Award. This recognition underscores the company's substantial contributions to indigenous manufacturing in critical defense sectors.

Award Presentation and Significance

The SIDM Champions Award was presented to IPCL by Defense Minister Shri Rajnath Singh, highlighting the national importance of the company's achievements. This accolade serves as a testament to IPCL's commitment to innovation, excellence, and import substitution, aligning with the government's 'Make in India' initiative.

IPCL's Specialized Capabilities

IPCL has distinguished itself through its expertise in:

Investment and vacuum castings using cobalt and nickel-based super alloys
High-precision aluminum castings for mission-critical components

These specialized capabilities position IPCL as a crucial contributor to India's defense manufacturing ecosystem, enhancing the nation's self-reliance in critical technologies.

Impact on India's Defense Sector

The recognition of IPCL with the SIDM Champions Award reflects the growing emphasis on indigenous defense manufacturing in India. It showcases the country's progress in developing a robust, self-reliant defense industrial base, capable of producing high-quality, mission-critical components.

Company's Response

In response to receiving the award, IPCL reaffirmed its dedication to engineering the future of Indian manufacturing. The company expressed its commitment to empowering the nation with world-class quality, indigenous capability, and global competitiveness in the defense and aerospace sectors.

Conclusion

The SIDM Champions Award bestowed upon Investment & Precision Castings Ltd marks a significant achievement in India's journey towards self-reliance in defense manufacturing. As IPCL continues to innovate and excel in producing critical components for the aerospace and defense sectors, it contributes substantially to strengthening India's position in the global defense industry landscape.