Alicon Castalloy News

Alicon Castalloy Board Meet Set for Feb 13, 2026

Alicon Castalloy Limited has scheduled a board meeting for February 13, 2026, to approve Q3 FY26 unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025.

Alicon Castalloy Reports Sequential Growth in Q2 FY26 with Improved Margins Despite Export Challenges

Alicon Castalloy Limited reported revenues of Rs. 429 crore for Q2 FY26, marking the third consecutive quarter of sequential growth despite a 7.7% year-on-year decline. The company achieved gross margins of 48.9%, an improvement of 300 basis points quarter-on-quarter, and EBITDA margins of 12.9%. The performance was impacted by 50% tariffs on Indian exports to the U.S. introduced in August, customer-specific issues in Europe including a cyber-attack affecting a U.K.-based OEM for 5 weeks, and weaker demand from commercial vehicle customers in the U.S. The company won seven new parts from six customers during the quarter, with total order value of Rs. 257 crore over five years. Revenue mix showed 2-wheelers contributing 44%, passenger vehicles 41%, commercial vehicles 10%, and non-auto 5%. The company announced a leadership transition with Sumit Bhatnagar set to become CEO from April 1, 2026, succeeding Rajeev Sikand. Alicon maintains an order book of Rs. 9,100 crore spanning FY24 to FY29 and expects capex of Rs. 125-130 crore for the full year.

Alicon Castalloy Reports Strong Quarter-on-Quarter Recovery with 49% PAT Growth

Alicon Castalloy announced its quarterly results with total income of Rs. 428.9 crore, up 2.4% quarter-on-quarter. The company showed significant profitability improvement with profit after tax rising 49.1% QoQ to Rs. 14 crore and EBITDA increasing 11% QoQ to Rs. 55.5 crore. However, year-on-year performance declined with total income down 8% and PAT lower by 17% compared to the same quarter last year. The company faced challenges from international market headwinds, tariff uncertainties, and supply chain issues related to rare earth materials and semiconductors. Group CEO Rajeev Sikand highlighted focused initiatives for value addition and operational efficiency improvements. The company benefited from GST rate rationalization on automobiles in the domestic market. Alicon also announced the appointment of Sumit Bhatnagar as CEO-Designate, with Sikand preparing to conclude his 21-year tenure in March 2026.

Alicon Castalloy Reports Q2 Results and Appoints New Company Secretary

Alicon Castalloy's Board approved unaudited financial results for the quarter ended September 30, 2025. The company appointed Ms. Sneha Shukla as Company Secretary and Compliance Officer effective November 10, 2025. Ms. Shukla is an Associate Member of the Institute of Company Secretaries of India with 7 years of experience in secretarial and legal fields. For Q2 2025, standalone revenue from operations was Rs. 28,507.48 lakhs compared to Rs. 31,242.76 lakhs in Q2 2024. Net profit for the quarter was Rs. 1,405.90 lakhs versus Rs. 2,236.53 lakhs in the previous year quarter. On a consolidated basis, revenue was Rs. 28,818.39 lakhs for Q2 2025 against Rs. 31,790.58 lakhs in Q2 2024, with net profit of Rs. 1,388.75 lakhs compared to Rs. 1,940.34 lakhs in the prior year quarter.