Electrosteel Castings Limited (ELECTCAST) — Financial Results | 7 August 2026(2 announcements)

Electrosteel Castings Limited reported consolidated revenue of ₹1,426 crore for Q1 FY27, reflecting an 8.5% year-on-year increase, while EBITDA rose to [amount context mismatch] crore with a 9.5% margin, up from 6.5% in the prior quarter. The company highlighted strong export demand across 130+ countries, contributing 22% of revenue, and ongoing diversification into valves and industrial paints with planned capex of ₹250-300 crore to target ₹800-1,000 crore revenue from paints in five years. Net debt reduced to ₹1,109 crore in FY26, supporting balance sheet resilience amid industry headwinds. Forward guidance emphasized recovery in H2 FY27 driven by Jal Jeevan Mission 2.0 fund inflows and expansion into valves and paints.

Electrosteel Castings Limited reported consolidated total income of INR 1465 Crores for Q1FY27, down 4.3% QoQ, with consolidated PAT at INR 48 Crores, up 202.5% YoY, while standalone PAT was INR 6 Crores, down 93.1% YoY. EBITDA margin improved to 9.5% consolidated and 6.3% standalone. The company highlighted government infrastructure spending under Jal Jeevan Mission 2.0 as a future demand driver.