Alicon Castalloy (531147) investor relations material

Executive summary

• Achieved record quarterly sales, surpassing INR 500 crore for the first time in Q1 FY27, driven by strong domestic demand, new business wins, and operational resilience through cost optimization and energy diversification.

• Underlying volume growth was 17.5% consolidated and 22% standalone, with continued revenue and profitability growth year-over-year.

• Strategic focus on 'reset, refocus, rebuild' and investments in new manufacturing capacity to drive operational excellence and future growth.

• Strong order book visibility with INR 8,450 crore executable over six years, including significant new customer wins and healthy pipeline.

• Board changes included the appointment of Mr. Anantakrishnan Krishna as Additional Independent Director and Chairman of the Audit Committee, and the resignation of Mr. Ajay Patil.

Financial highlights

• Total income rose 37% year-over-year to INR 579 crore, with EBITDA at INR 55 crore (margin 9.5%) and profit before tax at INR 18 crore, up 45% YoY.

• Standalone revenue for Q1 FY27 was Rs.56,040.82 lakhs, and consolidated revenue was Rs.57,800.61 lakhs.

• PAT for Q1 FY27 was Rs.1,765.54 lakhs standalone and Rs.1,144.58 lakhs consolidated, with PAT margin at 2.0%.

• Gross profit margin at 39.2%, down 648 bps YoY due to higher aluminum prices and sales mix.

• Q1 tonnage was 9,124 tons, with capacity utilization exceeding 90%.

Outlook and guidance

• FY 2027 revenue growth expected at 12%-15% (excluding material inflation), with similar growth rates targeted for the next two years.

• EBITDA margin improvement of at least 1% anticipated for FY 2027, with further gains as high-value products scale.

• Strong order visibility with INR 8,094 crore in orders scheduled for production over the next six years.

• Continued focus on capacity expansion, technology upgrades, and operational excellence to capture growth opportunities.

• The company is assessing the impact of new Labour Codes notified in May 2026 and will account for any changes based on further assessment.