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Steelcast Sanctions ₹120 Crore Greenfield Foundry To Add 8500 Tons Capacity


29 July 2026
Steelcast Ltd.

Capex Expansion, Margins Hold PAT at Rs 23.7 Cr in Q1 FY27, +19.3% YoY. Revenue at Rs 125 Cr in Q1 FY27, +17.0% YoY. EBITDA at Rs 35.2 Cr, +17.4% YoY. EBITDA margin at 28.2% vs 28.1%; cost of materials consumed grew 46% vs revenue growth of 17%. Board approved greenfield foundry of 8,500 tons capacity with investment of Rs 120 Cr, to be completed by March 2028, funded via internal accruals. First interim dividend of Rs 0.45 per share declared for FY27.


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