Alicon Castalloy (531147) Q1 26/27 earnings summary

Executive summary

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

• Underlying consolidated volume growth was 17.5%, with standalone at 22%, excluding material inflation effects.

• Unaudited standalone and consolidated financial results for the quarter ended 30 June 2026 showed continued revenue and profitability growth year-over-year.

• 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.

• Strategic focus on reset, refocus, and rebuild to drive operational excellence, customer value, and future growth.

Financial highlights

• Total income rose 37% year-over-year to INR 579 crore, with EBITDA at INR 55 crore and margin at 9.5%.

• Profit before tax was INR 18 crore (up 45% YoY), and profit after tax INR 12 crore (up 23% YoY); PAT margin at 2.0%.

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

• Standalone net profit for Q1 FY27 was Rs.1,765.54 lakhs; consolidated net profit was Rs.1,144.58 lakhs.

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

Outlook and guidance

• FY 2027 revenue growth guidance raised to 12%-15% (excluding inflation), with similar growth expected for the next two years.

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

• Order book at INR 8,450 crore, executable over six years, with 8%-10% underlying top-line growth targeted.

• The company is assessing the impact of new Labour Codes notified in May 2026.

• Doubling of revenues by 2030 planned, with further capacity and investment announcements expected.