Financial Performance Highlights

Q2 FY27 vs Q2 FY26 (Year-over-Year Comparison)

  • Total Income: Rs 652.0 crore (compared to Rs 433.6 crore in Q2 FY26) - increase of 50%
  • EBITDA: Rs 65.3 crore (compared to Rs 57.2 crore in Q2 FY26) - increase of 14%
  • Profit Before Tax (PBT): Rs 23.9 crore (compared to Rs 19.0 crore in Q2 FY26) - increase of 26%
  • Profit After Tax (PAT): Rs 17.6 crore (compared to Rs 13.9 crore in Q2 FY26) - increase of 27%

Q2 FY27 vs Q1 FY27 (Quarter-over-Quarter Comparison)

  • Total Income: Rs 652.0 crore (compared to Rs 579.1 crore in Q1 FY27) - increase of 13% QoQ
  • EBITDA: Rs 65.3 crore (compared to Rs 55.3 crore in Q1 FY27) - increase of 18% QoQ
  • Profit Before Tax (PBT): Rs 23.9 crore (compared to Rs 18.3 crore in Q1 FY27) - increase of 31% QoQ
  • Profit After Tax (PAT): Rs 17.6 crore (compared to Rs 11.4 crore in Q1 FY27) - increase of 54% QoQ

H1 FY27 vs H1 FY26 (Half-Year Comparison)

  • Total Income: Rs 1,231.0 crore (compared to Rs 854.8 crore in H1 FY26) - increase of 44%
  • EBITDA: Rs 120.6 crore (compared to Rs 108.2 crore in H1 FY26) - increase of 11%
  • Profit Before Tax (pre-exceptional): Rs 42.1 crore (compared to Rs 34.2 crore in H1 FY26) - increase of 33%
  • Profit After Tax: Rs 29.0 crore (compared to Rs 23.2 crore in H1 FY26) - increase of 25%
  • Diluted EPS: Rs 17.78 (compared to Rs 14.16 in H1 FY26) - increase of 26%

Management Commentary

Mr. Sumit Bhatnagar, Group CEO of Alicon, provided the following insights:

Business Performance

  • Q2 FY27 marked the highest-ever quarterly sales, crossing ₹650 crore for the first time
  • New customer programs entered serial production while existing programs scaled further
  • Company grew ahead of the domestic market despite global macro-economic challenges

Product Mix Improvement

  • Revenue mix improving with greater contribution from larger, more complex and machined components
  • Domestic value addition growing ahead of volume growth
  • Increasing traction in commercial vehicles strengthening business portfolio

International Operations

  • European business showing early signs of recovery
  • Slovakia facility reporting sequential growth

Diversification Efforts

  • Progress in diversifying beyond automotive sector
  • New business wins and expanding opportunity pipeline
  • Additional programs secured across passenger and commercial vehicles

Manufacturing and Expansion

  • Priority on improving capacity utilization and productivity through automation and better material flow
  • New facility in Pune: Investment being phased in line with secured customer programs
  • Production targeted to commence by April 2027
  • Evaluating further expansion while maintaining capital allocation discipline

Outlook

  • Focus for second half: Disciplined execution, improving operational efficiency
  • Goal to translate growing business scale into stronger margins
  • Mindful of demand moderation but encouraged by opportunities ahead
  • Guided by "Reset, Refocus and Rebuild" philosophy
  • Priority to build more agile and competitive business delivering higher value addition, sustained profitability and improved returns on capital

Company Background

Alicon Castalloy Limited is one of India's largest integrated manufacturers of aluminum castings, headquartered in Pune. The company operates facilities at Shikrapur, Chinchwad, Binola in India, and Slovakia in Europe. It serves customers across automobiles, infrastructure, aerospace, energy, agriculture, defence and healthcare sectors.