Foseco
5,752.00
-94.00(-1.61%)
Market Cap₹3,733.50 Cr
PE Ratio44.88
IndustryChemicals
Company Performance:
1D-1.61%
1M-6.11%
6M+61.81%
1Y+20.79%
5Y+382.69%
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More news about Foseco
06Sept 25
Foseco India's Q4 Net Profit Rises 11.3% to Rs 1,584.72 Lakhs
Foseco India Limited, a leading foundry product manufacturer, reported strong Q4 2024 results. Net profit increased by 11.3% to Rs 1,584.72 lakhs, while revenue from operations grew 10.5% to Rs 12,255.20 lakhs. Earnings per share rose to Rs 24.81 from Rs 22.29 in the previous year. The company's total income from operations stood at Rs 12,613.29 lakhs, with total expenses at Rs 10,487.16 lakhs. The financial results were approved by the Board of Directors and reviewed by Price Waterhouse Chartered Accountants LLP.
22Aug 25
Foseco India to Acquire 75% Stake in Morganite Crucible for ₹654 Crore
Foseco India Limited has announced plans to acquire a 75% stake in Morganite Crucible (India) Ltd. (MCIL) for ₹653.94 crore. The acquisition involves purchasing 42 lakh shares at ₹1,557.00 per share through a share swap arrangement. Foseco will issue 11,50,800 of its own shares at ₹5,674.00 per share to MCIL Promoters. This move is part of the Vesuvius Group's acquisition of the global Molten Metal Systems business. The deal aims to expand Vesuvius Group's Foundry business into the non-ferrous market segment and strengthen its presence in India. A mandatory open offer to MCIL's public shareholders for the remaining 25% stake will follow. The transaction is expected to complete by October 15, 2025, subject to regulatory approvals and shareholder approval at an EGM on September 21, 2025.
19Aug 25
Foseco India Board to Review New Securities Issuance, Sets Meeting Date
Foseco India Limited's board of directors will meet on August 22, 2025, to discuss the potential issuance of new equity shares or other securities through preferential allotment. The meeting will also consider convening a shareholders' meeting if necessary for approval. A trading window closure has been announced from August 20 to 24, 2025, for specified persons in compliance with SEBI regulations.
29Jul 25
Foseco India Appoints Manuel Antonio Delfino Aguilera as Non-Executive Director, Reshuffles Board Committees
Foseco India Limited has appointed Manuel Antonio Delfino Aguilera as a Non-Executive Non-Independent Director, effective July 30, 2025. Aguilera, 46, is an Italian citizen with a degree in Metallurgy and an MBA. He currently serves as the President of the Foundry Technologies Business Unit of Vesuvius plc. The appointment was approved by the Board of Directors on July 29, 2025. Aguilera has been inducted into three key board committees: Stakeholders' Relationship Committee, Corporate Social Responsibility Committee, and Risk Management Committee.
29Jul 25
Foseco India Reports 16% Growth in Q1 Net Profit, Appoints New Director
Foseco India Limited announced a 16% increase in Q1 net profit to ₹215.00 million, with revenue rising 25.6% to ₹1.57 billion. EBITDA improved to ₹272.00 million, though the margin slightly decreased. The company appointed Mr. Manuel Antonio Delfino Aguilera as a Non-Executive Non-Independent Director, effective July 30, 2025. Following this, several board committees were reconstituted.
14May 25
Foseco India Reports Robust Q4 Performance with Significant Growth in EBITDA and Net Profit
Foseco India Limited has announced impressive Q4 FY2023 results, showing significant year-over-year improvements. Revenue increased by 21.95% to ₹1,500.00 Cr, EBITDA grew by 37.19% to ₹273.00 Cr, and net profit rose by 36.48% to ₹217.00 Cr. The company's EBITDA margin expanded by 202 basis points to 18.20%. These results demonstrate Foseco India's strong market position and effective business strategies in the foundry industry.
Foseco
5,752.00
-94.00
(-1.61%)
1 Year Returns:+20.79%
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