Steelcast Limited – Investor Presentation Summary

Key Operational Highlights

  • Manufacturing capacity of 29,000 tonnes per annum (TPA), with products shipped as fully machined.
  • Products range from 5 kgs to 2,500 kgs in weight, serving varied OEM requirements.
  • Operates 4 production plants including one machine shop with state-of-art technology.
  • Maintains 80% renewable power plants for captive power supply through 9.5 MW commissioned capacity.
  • Holds Two Star Export House status and competes with global players in 16 countries.
  • Key drivers include sand & shell casting manufacturing process and 66+ years of experience.

Segment-wise Performance

  • Mining and earthmoving sectors identified as key growth drivers for FY27.
  • Railroad industry described as steady at current levels, becoming a focus area for FY27.
  • Defence sector expecting repeat orders from overseas clients.
  • Company caters to multiple sectors including renewable energy, with expansion into new geographies and segments.

Financial Highlights

Revenue: Rs. 423.17 Cr (FY26), Rs. 112.4 Cr (Q4FY26)

EBITDA: Rs. 129.6 Cr (FY26, including other income), Rs. 34.2 Cr (Q4FY26, including other income)

PAT: Rs. 86.86 Cr (FY26), Rs. 23.2 Cr (Q4FY26)

EPS: Rs. 8.58 (FY26), Rs. 2.29 (Q4FY26)

Margins: EBITDA Margin 27.0% (FY26, excluding other income), PAT Margin 20.53% (FY26)

YoY comparison: Revenue +13.33%, PAT +20.31%, EBITDA +17.3% (including other income)

Drivers of financial performance: Solid contributions from both export and domestic segments, strong cost discipline, agile procurement strategies, operational stability despite commodity price volatility.

Key Risks: Global uncertainties, commodity price volatility.

Geographical Revenue Split

  • Domestic vs Export revenue breakdown not specified in quantitative terms.
  • Company has presence in 16 countries, expecting to increase to 18+ countries in next 1-2 years.
  • Exports continued to lead performance, reinforcing strong global positioning.

Balance Sheet Snapshot

Net Debt/Equity: Debt-free status maintained

Reserves: Other Equity of Rs. 384.9 Cr (FY26)

Current Assets/Liabilities: Current Assets Rs. 208.1 Cr, Current Liabilities Rs. 51.4 Cr (FY26)

Working Capital/Leverage Metrics: Prudent working capital cycle and leverage management

Financial Health Insights: Strong cash flow generation, net cash from operating activities Rs. 86.4 Cr (FY26)

Capex & Cash Flow Health

Capital Expenditure: Not specifically quantified in presentation

Free Cash Flow: Not explicitly stated

Operating Cash Flow: Net cash from operating activities Rs. 86.4 Cr (FY26)

Net Debt Movement: Maintained debt-free status

Investment Rationale: Focus on capacity expansion, technology upgrades, and new 2.4 MW hybrid power plant

Strategic & R&D Initiatives

Investments in Innovation: New 2.4 MW hybrid power plant under commissioning by 30th June 2026

Expected impact on growth: Annual power cost savings of ~Rs. 3.6 crore

Strategic Rationale: Expanding into high-growth markets, reducing operational costs through captive power generation

Industry Trends & Business Environment

Macro/Industry Trends: Global uncertainties, commodity price fluctuations

Impact on Company: Managed through agile procurement strategies and operational stability measures

Management Commentary & Growth Outlook

Strategic Outlook: Expecting more than 20% growth in FY27

FY Guidance: Maintaining margin profile at same level

Market Share Targets: Not specified

Risks and Opportunities: Adequate order book with good bookings across all serviceable segments