Auto Parts & Equipment company Alicon Castalloy announced Q2FY26 results Total Income at Rs 428.9 crore compared to Rs. 464.5 crore, lower by 8%. EBITDA at Rs. 55.5 crore compared to Rs. 56.8 crore, a decrease of 2%. PBT (pre-exceptional) at Rs. 19.0 crore as compared to Rs. 22.5 crore, lower by 16%. Profit after Tax at Rs 13.4 crore compared to Rs. 16.8 crore, lower by 17%. Rajeev Sikand, Group CEO, Alicon Castalloy, said: “We are pleased to have sustained momentum into Q2, reporting consolidated revenues of Rs 429 crore, an increase of 2.5% QoQ. Importantly, we are pleased to report sharp improvement in profitability, evidenced by growth of 51% and 49% QoQ in PBT and PAT respectively accompanied by all round improvement in margins. This has been achieved on the back of focused initiatives to increase value add, enhance operational efficiencies and drive cost optimisation measures. In the domestic market, a key positive this quarter has been the rationalization of GST rates on automobiles, which has reduced taxation and lowered the cost of ownership for both two-wheelers and four-wheelers. This policy shift has revived end-user sentiment in India, and our OEM customers are optimistic about the potential for increased domestic sales volumes. However, global headwinds including macroeconomic volatility, tariff uncertainty, shortages of rare earth materials and semi-conductors, and muted demand continue to have a bearing on the outlook. In Q2, while there was growth in both global and domestic auto industry on a YoY basis, we witnessed de-growth on a YoY basis. This is due to the persistent challenges we witnessed in export and commercial vehicle segments, but we have pivoted toward domestic customers and new logos to partially offset the impact. We have also strengthened our leadership team with the appointment of Mr. Sumit Bhatnagar as CEO-Designate, as I prepare to conclude my 21-year tenure as CEO in March 2026 upon superannuation. I am confident that Mr. Bhatnagar will steer the organization forward successfully. I take this opportunity to express my gratitude to Mr. Rai and our shareholders, customers, and colleagues for their unwavering support and trust. The future-ready platform we have built over the past 21 years at Alicon will, I am certain, be scaled to new heights by the team in the years ahead.” Result PDF
Auto Parts & Equipment company Alicon Castalloy announced Q1FY26 results Total Income at Rs 418.7 crore compared to Rs 440.7 crore, lower by 5%. EBITDA at Rs 49.9 crore compared to Rs 58.3 crore, a decrease of 14%. PBT (pre-exceptional) at Rs 15.2 crore as compared to Rs 25.5 crore, lower by 41%. Profit after Tax at Rs 9.3 crore compared to Rs 19.0 crore, lower by 51%. Rajeev Sikand, Group CEO, Alicon Castalloy said: “We are pleased to commence FY26 on a positive trajectory, reporting revenues of Rs 419 crore despite multiple headwinds of macro-economic volatility, tariff uncertainty, shortage of rare earth materials from China and muted demand. This resilient performance reflects the strength of our diversified portfolio and agility of our operations. While global automotive volumes expanded by 1.7% and volumes in the domestic market were higher by 1.5% in Q1, our steady topline performance demonstrates our ability to respond swiftly to evolving market dynamics despite nearly 4% decline in our addressable market. We have overcome softness in vectors like exports and CVs by ramping up volumes for some existing customers and adding new logos. We continue to work towards improving profitability and margins further. While profitability has recovered from the sharp fall two quarters ago, it continues to be impacted by shifts in product mix and certain upfront costs. Efforts towards further cost optimization are ongoing in order to enhance margin resilience. We have added to our leadership We are pleased to welcome Mr. Manish Kapoor as our new Chief Operating Officer. With over 30 years of rich industry experience, Mr. Kapoor brings exceptional capability and calibre to Alicon. We’re excited to welcome Mr. Harshvardhan Gune as Head of DAR. Alicon has established a dedicated vertical to pursue opportunities in the Defence, Aerospace, and Railways (DAR) sectors. This initiative consolidates our past and ongoing engagements to these industries, expands our portfolio of offerings, intensifies outreach to key industry players while being led by a dedicated leader to shape it into a focused business unit. We recognize that scaling business in these sectors will require time and we will keep investors informed of key milestones and progress. As we look ahead, we remain committed to building a future-ready organization—one that is resilient, diversified, and poised to capture emerging opportunities across geographies and vehicle segments.” Result PDF
Auto Parts & Equipment company Alicon Castalloy announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Total Income at Rs 425.61 crore compared to Rs. 420.77 crore, higher by 1% from Q4FY24 EBITDA at Rs. 47.74 crore compared to Rs. 59.08 crore, a decrease of 19% from Q4FY24 PBT at Rs. 13.07 Crore as compared to Rs. 27.39 crore, lower by 52% from Q4FY24 Profit after Tax at Rs 9.43 crore compared to Rs. 20.54 crore, lower by 54% from Q4FY24 FY25 Financial Highlights: Total Income at Rs 1,723.79 crore compared to Rs. 1,563.17 crore, higher by 10% EBITDA at Rs. 197.90 crore compared to Rs. 199.11 crore, a decrease of 1% PBT at Rs. 62.11 crore as compared to Rs. 80.90 crore, lower by 23% Profit after Tax at Rs. 46.06 crore compared to Rs. 61.28 crore, lower by 25% Commenting on the performance, Rajeev Sikand, Group CEO, Alicon Castalloy said, “We are pleased to report a strong performance in the fourth quarter, with revenues of ?425 crore — representing growth of 1% year-on-year and a healthy 8.5% sequential increase over the previous quarter. While global industry volumes grew by a modest 1% in Q4, and domestic volumes fared slightly better at 6%, we are encouraged by the strong sequential recovery in our topline. This underscores the robustness of our portfolio and the agility of our operations in responding to market dynamics. This momentum has enabled us to close FY 2024-25 on a solid footing, delivering double-digit topline growth despite a challenging external environment. That said, profitability and margins in the quarter have improved but continue to be impacted by the shifts in product mix as well as due to certain one-time expenses. We continue to take proactive steps to mitigate cost pressures and drive operational efficiencies. Our focus remains on building a more resilient and well-balanced portfolio across vehicle segments and geographies, positioning us for balanced growth. Market sentiment remains tempered by regulatory uncertainty, evolving technology choices, and geopolitical concerns, leading to cautious demand trends, particularly in the EV and CV segments. While these headwinds persist across both domestic and export markets, we believe the global industrial slowdown has bottomed out. The long-term fundamentals of our industry remain strong, and we are well-positioned to leverage emerging opportunities. Our strategic focus on product diversification, market expansion, and technology-driven solutions will continue to drive sustainable growth and value creation." Result PDF