Kalyani Cast Tech Limited , a leading manufacturer of specialized containers and railway equipment, has reported a strong financial performance for the first half of FY26, with significant growth in revenue and profit. The company also announced its expansion into wagon manufacturing, signaling a new phase of growth.

Financial Highlights

• Total income for H1 FY26 reached INR 94.24 crores, up 33% from INR 70.60 crores in the previous year.
• Profit increased by 19% to INR 9.5 crores.
• The company's order book stands at INR 140 crores.

Expansion into Wagon Manufacturing

Kalyani Cast Tech is expanding its operations with a new 144-acre facility in Gujarat's Kachchh region. This expansion includes:

1. Wagon manufacturing unit with an annual capacity of 7,500-7,800 units
2. Gati Shakti Rail Terminal
3. Steel foundry

The company aims to commence commercial wagon production from the second half of FY27.

Innovative Product Development

During the earnings call, Mr. Naresh Kumar, Chairman and Managing Director, highlighted several innovative developments:

• Stainless steel containers to reduce tare weight and increase payload
• Foldable containers for steel product transportation, reducing empty run costs
• Special wagon design for container transportation, approved by RDSO (Research Designs and Standards Organisation)

Future Outlook

Kalyani Cast Tech is positioning itself as a key player in India's logistics infrastructure development. The company's focus on specialized products and innovative solutions sets it apart from competitors in the standard container and wagon markets.

Mr. Kumar stated, "We are not in the rat race of normal wagons. We are into something very special, and we are doing very special kind of things."

The company expects to invest INR 170-200 crores in its expansion plans, utilizing a combination of debt and internal accruals.

Challenges and Opportunities

While the company faces challenges in terms of project timelines and approvals, its strategic location near multiple rail terminals and ports provides significant advantages for logistics and potential export opportunities.

As Kalyani Cast Tech continues to innovate and expand, it aims to contribute to reducing logistics costs in India and capitalize on the growing demand for specialized transportation solutions in the railway sector.

Kalyani Cast Tech Limited , a company listed on the BSE, has announced a change in its board composition. Kumar Sharat Chandra (DIN: 09713628) has resigned from his position as an Independent Director of the company, effective November 17, 2025.

Resignation Details

The company disclosed this information in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. According to the official communication:

• Resignation Date: November 17, 2025
• Reason: Personal reasons
• Additional Directorships: Mr. Chandra does not hold directorships in any other listed entities

Impact and Assurances

Mr. Chandra has confirmed that there are no material reasons for his resignation other than personal circumstances. He has also stated that there are no disagreements with the board or management of Kalyani Cast Tech Limited.

Company's Response

Kalyani Cast Tech Limited has reported this change to the BSE, demonstrating its commitment to transparency and regulatory compliance. The company has also made available the audio recording of its Q2 FY26 Earnings Conference Call on its website, which was held on November 15, 2025, to discuss the financial performance for the half-year ended September 30, 2025.

The company's swift disclosure and Mr. Chandra's assurances suggest that this change is not expected to significantly disrupt the company's operations or governance.