Alicon Castalloy Limited submitted its Q2 & H1 FY27 results presentation to BSE Limited and National Stock Exchange of India Limited pursuant to SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Financial Performance - Q2 FY27 (Consolidated)

  • Net Revenue from Operations: ₹649.84 crore (51% YoY growth from ₹429.92 crore in Q2 FY26)
  • Total Income: ₹651.98 crore (50% YoY growth)
  • EBITDA: ₹65.31 crore (14% YoY growth from ₹57.22 crore)
  • EBITDA Margin: 10.0% (down 318 bps from 13.2% in Q2 FY26)
  • Profit Before Tax (PBT): ₹23.87 crore (26% YoY growth)
  • Profit After Tax (PAT): ₹17.60 crore (27% YoY growth from ₹13.89 crore)
  • PAT Margin: 2.7% (down 50 bps from 3.2%)

Financial Performance - H1 FY27 (Consolidated)

  • Net Revenue from Operations: ₹1,227.85 crore (45% YoY growth from ₹849.03 crore)
  • Total Income: ₹1,231.05 crore (44% YoY growth)
  • EBITDA: ₹120.60 crore (11% YoY growth from ₹108.24 crore)
  • EBITDA Margin: 9.8% (down 287 bps from 12.7% in H1 FY26)
  • Profit Before Tax (PBT): ₹42.13 crore (33% YoY growth from ₹31.61 crore)
  • Profit After Tax (PAT): ₹29.05 crore (25% YoY growth from ₹23.20 crore)
  • PAT Margin: 2.4% (down 35 bps from 2.7%)

Expense Breakdown - Q2 FY27

  • Raw Material expenses: ₹393.69 crore (77% YoY increase)
  • Employee benefits expense: ₹60.69 crore (13% YoY increase)
  • Other expenses: ₹132.30 crore (31% YoY increase)
  • Finance Costs: ₹11.33 crore (2% YoY decrease)
  • Depreciation and Amortization: ₹30.10 crore (13% YoY increase)

Balance Sheet Position (as of September 30, 2026)

  • Total Assets: ₹1,610.02 crore (up from ₹1,441.59 crore as of March 31, 2026)
  • Shareholders' Funds: ₹641.95 crore
  • Non-Current Liabilities: ₹148.11 crore
  • Current Liabilities: ₹819.96 crore
  • Current Assets: ₹899.48 crore (including Inventories: ₹191.95 crore, Trade Receivables: ₹629.72 crore, Cash & Bank Balance: ₹25.15 crore)

Operational Highlights

  • Manufacturing facilities operated at utilization levels of around 86%
  • Booked 8 new parts from 3 customers in Q2 FY27 (3 parts in PV segment, 3 parts in Global PV, 2 parts in Non-Auto)
  • 5 parts for domestic business, 3 parts for global business
  • European business showing early signs of recovery with Slovakia facility reporting sequential growth

Management Commentary

CEO Sumit Bhatnagar stated that Q2 FY27 was a milestone quarter with highest-ever quarterly sales. New customer programs entered serial production while existing programs scaled further. The company is focusing on improving capacity utilization and productivity through automation and better material flow.

Future Plans

  • Investment in new facility in Pune is being phased with production targeted to commence by April 2027
  • Evaluating further expansion while maintaining capital allocation discipline
  • Focus on improving operational efficiency and translating business scale into stronger margins

Conference Call Details

Scheduled for 11:30 am IST on Monday, November 16, 2026, with local and international dial-in numbers provided.