Swastika Castal Reports Robust 27% Revenue Growth in H1FY26, PAT Surges 239%

Swastika Castal Limited , a prominent player in the aluminium casting manufacturing sector, has reported impressive financial results for the half year ended September 30, 2025. The company's performance showcases strong growth across key financial metrics, indicating a positive trajectory in its operations.

Financial Highlights

Particulars (₹ in Lakhs)	H1 FY26	H1 FY25	YoY Change
Revenue from Operations	1,654.28	1,297.92	27.46%
EBITDA	262.22	180.71	45.11%
EBITDA Margin (%)	15.85%	13.92%	192.80 BPS
PAT	131.93	38.91	239.06%
PAT Margin (%)	7.98%	3.00%	497.72 BPS

Revenue Growth and Profitability

Swastika Castal Limited has demonstrated robust financial performance in the first half of fiscal year 2026. The company's revenue from operations reached ₹1,654.28 lakhs, marking a significant year-on-year growth of 27.46% compared to the same period in the previous fiscal year.

The company's profitability metrics have shown even more impressive improvements. The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) rose by 45.11% to ₹262.22 lakhs, with the EBITDA margin expanding by 192.80 basis points to reach 15.85%.

Most notably, Swastika Castal's Profit After Tax (PAT) witnessed a remarkable surge of 239.06%, climbing to ₹131.93 lakhs. This substantial increase in profitability is further emphasized by the PAT margin, which improved significantly from 3.00% to 7.98%, representing an expansion of 497.72 basis points.

Future Outlook

Looking ahead, Swastika Castal Limited appears optimistic about its growth prospects. The company expects further growth to be driven by increasing demand from the power sector. Additionally, the company plans for capacity expansion, which is scheduled to commence from December 2025.

Swastika Castal is also focusing on strengthening its customer base across various segments, including power, electrical, and industrial sectors. This diversification strategy may help the company maintain its growth momentum and potentially mitigate risks associated with sector-specific fluctuations.

Conclusion

Swastika Castal Limited's financial results for H1 FY26 reflect a company on a strong growth trajectory, with significant improvements in both top-line and bottom-line performance. The planned capacity expansion and focus on diversifying its customer base across key sectors suggest that the company is positioning itself for continued growth in the coming periods. However, investors should continue to monitor market conditions and the execution of the company's expansion plans to assess the sustainability of this growth trend.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.94%	-7.26%	+2.39%	+15.23%	+15.23%	+15.23%

Swastika Castal Limited , an aluminium casting company, has released its unaudited financial results for the half year ended September 30, 2025, marking its first regulatory filing since its Initial Public Offering (IPO) in July 2025.

IPO Details and Listing

Swastika Castal completed its IPO on July 28, 2025, issuing 21.64 lakh equity shares at Rs. 65 per share. The offering raised net proceeds of Rs. 120.47 million, with the company subsequently listing on the BSE SME platform.

Fund Utilization

The company has provided a detailed breakdown of its fund utilization from the IPO proceeds:

Objective	Original Allocation (₹ in lakhs)	Funds Utilized (₹ in lakhs)	Unspent Amount (₹ in lakhs)
Capital Expenditure	500.00	213.91	286.09
Working Capital Requirements	550.00	550.00	0.00
General Corporate Purposes	159.68	159.68	0.00
Public Issue Related Expenses	196.92	196.92	0.00
Total	1406.60	1120.51	286.09

Swastika Castal reported no deviations from the planned use of funds as stated in its prospectus dated July 15, 2025. An unspent amount of ₹286.09 lakhs allocated for capital expenditure remains, which the company plans to utilize in the next half year.

Corporate Governance and Compliance

Swastika Castal has demonstrated its commitment to transparency and regulatory compliance by:

Submitting a statement of deviation or variation in fund utilization as per SEBI regulations.
Conducting an Audit Committee review of the fund utilization, which reported no comments.
Holding a Board of Directors meeting on November 13, 2025, to approve the unaudited provisional financial results.

Management Commentary

While specific financial performance metrics were not provided, the company's management, led by Managing Director Varun Sharda, has overseen the initial deployment of IPO funds in line with stated objectives. Swastika Castal appears to be progressing with its expansion plans, particularly in terms of capital expenditure for plant and machinery acquisition and construction of shed and building.

Looking Ahead

Investors and market observers may be interested in how Swastika Castal utilizes the remaining capital expenditure funds in the coming months, and how this investment translates into operational and financial performance in subsequent reporting periods.

The company's performance in future quarters will be important in establishing its track record as a newly listed entity on the BSE SME platform.