Steelcast Limited , a prominent player in the steel casting industry, has announced impressive financial results for the second quarter, showcasing substantial growth across key metrics.

Financial Highlights

Steelcast has demonstrated a remarkable performance in the second quarter, with significant improvements across all financial parameters:

Profit Growth

The company's net profit surged to ₹232.10 crore, marking a substantial 74.5% increase from ₹133.00 crore in the same quarter of the previous year. This impressive growth in profitability underscores Steelcast's operational efficiency and strong market position.

Revenue Expansion

Steelcast's revenue showed robust growth, reaching ₹1,070.00 crore compared to ₹754.00 crore in the corresponding quarter last year, representing a 41.9% year-on-year increase. This significant revenue growth indicates strong demand for the company's products and successful market strategies.

EBITDA Performance

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) grew to ₹302.10 crore from ₹190.20 crore in the same period last year, registering a 58.8% increase. This growth in EBITDA outpaced the revenue growth, suggesting improved operational efficiency.

Margin Improvement

Steelcast's EBITDA margin expanded to 28.33% from 25.25% year-on-year, an improvement of 308 basis points. This margin expansion indicates the company's ability to manage costs effectively while growing its top line.

The strong financial performance across all key metrics reflects Steelcast's resilience and strategic execution in a competitive market environment. The company's ability to significantly improve its profitability while expanding its revenue base demonstrates its operational strength and market leadership in the steel casting sector.

Steelcast Limited has announced its financial results for the second quarter and half-year ended September 30, 2025, showcasing robust growth and improved profitability.

Q2 Financial Highlights

Steelcast reported a significant increase in its financial performance for Q2FY26 compared to the same period last year:

H1FY26 Performance

The company's performance for the first half of FY26 also showed strong growth:

Key Developments

• Surge in Export Demand: The company attributed its improved Q2FY26 performance to a surge in demand from the export market.
• Operational Efficiency: Overall profitability improved due to enhanced operational efficiency and cost optimization measures.
• Product Expansion: Steelcast has made significant strides in expanding its product offerings, customer base, and industry reach for both existing and new markets.
• Sector Focus: The company is committed to enhancing its presence in existing and new sectors, which are expected to make a substantial impact on its earnings.
• Dividend Declaration: The Board of Directors declared a second interim dividend of ₹0.36 per equity share (36% of face value) for FY 2025-26.

Strategic Initiatives

Steelcast is pursuing consistent revenue and margin growth through a multi-pronged strategy:

1. Product Diversification: The company is expanding its product portfolio to cater to diverse industrial needs.
2. Capacity Utilization: Efforts are being made to optimize production capacity.
3. Export Expansion: Steelcast is capitalizing on rising global demand from mining, defense, and rail OEMs.
4. Customer Base Expansion: The company is actively working on broadening its customer base.
5. Cost Optimization: Initiatives are underway to optimize production costs.
6. Automation Enhancement: Steelcast is focusing on increasing automation to strengthen profitability and competitiveness.

Outlook

For FY26, Steelcast expects:

• Early double-digit growth
• Mining and earthmoving to be key sectors
• Ramp-up in GET (Ground Engaging Tools) and defense industries
• Margin profile to be maintained at the current level

The company plans to commission a 2.4 MW hybrid power plant under the group captive model by June 30, 2026, which is expected to generate annual power cost savings of approximately ₹3.5 crore to ₹4 crore.

Steelcast's strong performance and strategic initiatives position it well for continued growth in the casting industry, particularly in the mining, earthmoving, and defense sectors. The company's focus on operational efficiency and market expansion may contribute to sustained profitability in the coming quarters.

Note: All financial figures are in Indian Rupees (₹) and are based on the unaudited financial results for the quarter and half-year ended September 30, 2025.