Scrip Symbol

ALICON

Financial Highlights (Consolidated, Rs. Crore)

  • Net Revenue from Operations: ₹578.01 in Q1FY27 vs ₹419.11 in Q1FY26, representing 38% YoY growth
  • Other Income: ₹1.06 in Q1FY27 vs ₹2.08 in Q1FY26, representing -49% YoY change
  • Total Income: ₹579.06 in Q1FY27 vs ₹421.20 in Q1FY26, representing 37% YoY growth
  • Total Expenditure: ₹523.77 in Q1FY27 vs ₹370.18 in Q1FY26, representing 41% YoY growth
  • Raw Material expenses: ₹351.24 in Q1FY27 vs ₹227.54 in Q1FY26, representing 54% YoY growth
  • Employee benefits expense: ₹54.57 in Q1FY27 vs ₹50.37 in Q1FY26, representing 8% YoY growth
  • Other expenses: ₹117.96 in Q1FY27 vs ₹92.27 in Q1FY26, representing 28% YoY growth
  • EBITDA: ₹55.30 in Q1FY27 vs ₹51.02 in Q1FY26, representing 8% YoY growth
  • EBITDA margin (%): 9.5% in Q1FY27 vs 12.1% in Q1FY26, representing -256 basis points YoY decline
  • Finance Costs: ₹10.20 in Q1FY27 vs ₹10.98 in Q1FY26, representing -7% YoY reduction
  • Depreciation and Amortization: ₹26.84 in Q1FY27 vs ₹24.88 in Q1FY26, representing 8% YoY growth
  • Profit before tax & Exceptional Item: ₹18.26 in Q1FY27 vs ₹15.16 in Q1FY26, representing 20% YoY growth
  • Exceptional Item: ₹0.00 in Q1FY27 vs ₹2.57 in Q1FY26
  • PBT: ₹18.26 in Q1FY27 vs ₹12.59 in Q1FY26, representing 45% YoY growth
  • Tax Expenses: ₹6.82 in Q1FY27 vs ₹3.28 in Q1FY26, representing 108% YoY growth
  • PAT: ₹11.45 in Q1FY27 vs ₹9.31 in Q1FY26, representing 23% YoY growth
  • PAT Margin (%): 2.0% in Q1FY27 vs 2.2% in Q1FY26, representing -23 basis points YoY decline

Operational Highlights

  • Manufacturing facilities operated at utilization levels of around 80%
  • Company has delivered improved performance in the last five successive quarters after weakness in Q3FY25
  • In Q1 FY27, booked 8 new parts from 5 customers:
  • 2 parts in the 2W segment
  • 2 parts in the CV segment
  • 3 parts in Non-Auto
  • 1 part in PV through Illichman Castalloy
  • 6 parts for domestic business, 2 parts for export

Industry Context

  • Indian automobile industry reported strong production growth of 19.4% year-on-year in Q1 FY27:
  • 21.0% growth in Two-Wheeler (2W) segment
  • 19.5% growth in Commercial Vehicle (CV) segment
  • 11.3% growth in Passenger Vehicle (PV) segment
  • Two-Wheeler segment delivered strongest-ever first-quarter performance
  • Commercial Vehicle segment registered highest-ever first-quarter sales
  • Passenger Vehicle segment recorded highest-ever first-quarter sales

Strategic Developments

  • Announced establishment of a new manufacturing facility proximate to existing facility at Shikrapur, near Pune
  • Focus on sustainable cost-optimization including lower fixed expenses, lean manufacturing processes, reduced overheads, interest cost reduction program, and energy mix diversification
  • Company positioning for opportunities from carbon neutral technologies (hybrid, EV, fuel cells, hydrogen cells), vehicle scrappage policy, fuel efficiency thrust, and light-weighting trends

Management Commentary

CEO Mr. Sumit Bhatnagar stated that Q1 FY27 marks an important milestone as the company crossed ₹500 crore in quarterly revenue for the first time. He noted strengthening customer engagement, ramp-up of existing programs, and new opportunities across customer relationships. The domestic automotive market started the year on a healthy footing with positive demand across all vehicle segments. The new manufacturing facility investment is a strategic step toward supporting future growth, enhancing capabilities, expanding capacity for value-added products, and addressing larger customer programs.

Conference Call Details

Scheduled for 11:00 am IST on Friday, August 14, 2026. Local dial-in: +91 22 6280 1141. International toll-free numbers provided for Hong Kong, Singapore, UK, and USA.

Company Overview

Alicon Castalloy offers end-to-end solutions spanning the entire spectrum of aluminum casting needs across multiple user industries. Pioneer in India for Low Pressure Die Casting (LPDC) and Gravity Die Casting (GDC) processes. Operates one of the largest Aluminum foundries in India. Offers Design, Engineering, Casting, Machining and Assembly, Painting and Surface Treatment of Aluminum Components. Has robust track record of 56 years, enriched by 89 year legacy of Illichmann Castalloy.