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.

Steelcast Limited , a prominent player in the Indian manufacturing sector, has reported a robust financial performance for the second quarter of fiscal year 2026, showcasing significant growth across key metrics.

Financial Highlights

Steelcast has demonstrated a remarkable improvement in its financial performance, with a substantial 75% increase in net profit compared to the same period last year. The company's net profit rose to ₹23.20 crore from ₹13.30 crore in the corresponding quarter of the previous year.

Revenue Growth

The company's revenue witnessed a significant uptick, climbing to ₹106.70 crore from ₹75.40 crore in the year-ago period, marking a 42% year-over-year increase. This robust revenue growth indicates strong demand for Steelcast's products and services.

Improved Operational Efficiency

Steelcast's operational efficiency showed notable improvement, as evidenced by the rise in EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization). The EBITDA increased to ₹34.20 crore from ₹21.10 crore in the same quarter last year, representing a 62% growth.

Half-Year Performance

For the first half of FY26 (H1FY26), Steelcast reported equally impressive results:

• Revenue reached ₹213.30 crore, a 40% growth compared to H1FY25
• EBITDA stood at ₹64.20 crore, showing a 53% increase
• PAT amounted to ₹43.10 crore, representing a 64% growth

Export Market and Operational Efficiency

The company attributed its improved performance to a surge in export market demand and enhanced operational efficiency. Export sales comprised 59% of H1FY26 revenue, up from 53% in H1FY25, indicating growing international market penetration.

Future Plans

Steelcast plans to commission a 2.4MW hybrid power plant by June 30, 2026. This initiative is expected to generate annual savings of ₹3.5-4 crore, further improving the company's operational efficiency and profitability.

Company Profile

Steelcast operates with 65 years of manufacturing experience, serves 9 sectors, and maintains 80% captive power supply with a 29,000 TPA capacity. This strong quarterly performance underscores Steelcast's resilience and ability to capitalize on market opportunities, reflecting the company's effective strategies and robust execution in a competitive business environment.