Castings & Forgings company AMIC Forging announced H2FY26 & FY26 results Standalone Financial Highlights: Annual Revenue and Income: Revenue from operations for FY26 stood at Rs 14,178.48 lakh, representing a YoY growth of 16.87% compared to Rs 12,131.58 lakh in FY25. Total Income for FY26 reached Rs 14,281.76 lakh, showing a marginal YoY increase of 0.56% over Rs 14,202.49 lakh in FY25. Annual Net Profit: The standalone Net Profit for FY26 was Rs 2,827.71 lakh, a decrease of 20.47% YoY from Rs 3,555.69 lakh reported in FY25. Sequential Performance (H2FY26 vs H1FY26): For H2FY26, Total Income was Rs 7,569.57 lakh, an increase of 12.77% sequentially from H1FY26, which stood at Rs 6,712.19 lakh. Net Profit for H2FY26 was Rs 1,587.61 lakh, marking a sequential growth of 28.02% from Rs 1,240.10 lakh in H1FY26. Earnings Per Share (EPS): Basic EPS for the full year FY26 was Rs 26.78, compared to Rs 33.90 in FY25. Diluted EPS for FY26 stood at Rs 26.31. Other Income Impact: A significant YoY decrease was observed in Other Income, which fell from Rs 2,070.91 lakh in FY25 to Rs 103.28 lakh in FY26. Consolidated Financial Highlights: Annual Revenue and Income: Consolidated Revenue from operations for FY26 was Rs 14,178.48 lakh, reflecting a YoY increase of 16.87% from Rs 12,131.58 lakh in FY25. Total Income for the year reached Rs 14,281.76 lakh. Annual Net Profit: Consolidated Net Profit (after tax and minority interest) for FY26 stood at Rs 2,827.16 lakh, representing a YoY decrease of 20.49% from Rs 3,555.71 lakh in FY25. Sequential Performance (H2FY26 vs H1FY26): Consolidated Profit After Tax (before minority interest) for H2FY26 was Rs 1,586.81 lakh, showing a sequential increase of 27.96% compared to Rs 1,240.11 lakh in H1FY26. Earnings Per Share (EPS): Consolidated Basic EPS for FY26 was Rs 26.77, compared to Rs 33.90 in FY25. Diluted EPS stood at Rs 26.30. Business Highlights: Segment Performance: Amic Forging Limited operates in a single business segment, and therefore, no separate segment-wise performance is reported. Operations Note: The company confirmed that its "financial result are based on single segment only." Subsidiaries and Associates: The consolidated results include performance from its subsidiary, Amic Engg Tech Private Limited (70% holding), and its associate, Dakor Logistics LLP (33% partner). Associate Business Activity: As per the results commentary, "Dakor Logistics LLP is engaged in the business of construction of warehouses and generate revenue from the same." Share Warrants: Money received against Share Warrants (Standalone) increased to Rs 4,394.15 lakh as of March 31, 2026, from Rs 2,422.00 lakh as of March 31, 2025. Anshul Chamaria, Director, said: FY26 was a year of base-building — the foundation for the next leg of a multi-year, transformational journey that begins in FY27. The cleanest measure of our underlying performance is PBT excluding Other Income, which grew 57% in FY26 and 66% in H2FY26. This reflects a structural re-rating of the business, driven by improved realisations, a richer machined-product mix, and disciplined operational execution. Importantly, our existing assets operated at nearfull utilisation through the year; with limited volume headroom, FY26 growth was delivered primarily through improved realisation, better product mix and better operational efficiency. Our investment cycle is now shifting from building to commissioning. Phase 1 is an integrated capex programme of approximately Rs 150 crore — is on track to go live on 15 June 2026. To prepare, we have already absorbed substantial talent and organisational cost ahead of revenue contribution — a deliberate front-loaded investment in operation readiness. This fully integrated plant will drive not just volume-led revenue growth, but an enriched higher-value product mix — expanding margins beyond the levels reported in H2FY26. Phase 2, under planning phase, anchored by a state-of-the-art 5,000-Ton Open Die Hydraulic Forging Press, will extend our reach into aerospace, nuclear, advanced defence, and heavy oil & gas. We exit FY26 with a stronger margin profile, a more capable manufacturing platform, and a clear runway for sustained, profitable scale-up. Result PDF