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Castings & Forgings: Q1 FY27 results (April-June 2026)
23 companies have declared Castings & Forgings Q1 FY27 results so far, the latest on 25 Aug 2026.
Across the 21 non-financial companies with a year-ago quarter to compare, sales grew -10.1% and net profit -31.9% year on year, and the combined operating margin widened 3 bps to 15.9%.
60% of companies grew net profit; 1 turned a loss into a profit; 47% beat their own profit trend and 26% fell short of it.
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Castings & Forgings Q1 FY27 scoreboard
Sales growth
-10.1%
YoY, 21 companies combined; median +15.7%
Net profit growth
-31.9%
YoY combined; median +20.8%
Operating margin
15.9%
+3 bps YoY
Grew profit
60%
1 turnaround, 2 into loss
Vs own profit trend
47% / 26%
above / below, 26% in line
Price since results
+4.7%
median; 62% of 21 stocks up
Other-income heavy
6
25%+ of pre-tax profit from other income & one-offs
Latest Castings & Forgings Q1 FY27 results 23
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M Cap ₹1,509 Cr
P/E —
PEG —
Since results -18.6%
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
— —
339 — — Operating profit
— —
33.5 — — OPM %
— —
9.9% — — Other income
— —
0.2 — — Net profit
— —
19.9 — — PAT margin %
— —
5.9% — — EPS (₹)
— —
0.78 — —
Quality of profit
Pre-tax profit ₹26.7 Cr: core business ₹26.5 Cr, other income ₹0.2 Cr.
Core profit YoY: —
AI read of the filing Ardee Industries Q1 FY27 PAT Rises 92% YoY to ₹25.10 Mn; Revenue up 78% to ₹411.35 Mn Positive Revenue from operations grew 78.4% YoY to ₹411.35 million in Q1 FY27 vs ₹230.62 million in Q1 FY26 Net profit surged 92.2% YoY to ₹25.10 million compared to ₹13.06 million in the previous year period Basic and diluted EPS stood at ₹0.46 for the quarter versus ₹0.24 in Q1 FY26 Full analysis →
M Cap ₹62,928 Cr
P/E —
PEG —
Since results +43.5%
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
— —
1,219 — — Operating profit
— —
407 — — OPM %
— —
33.4% — — Other income
— —
3.2 — — Net profit
— —
240 — — PAT margin %
— —
19.7% — — EPS (₹)
— —
4.96 — —
Quality of profit
Pre-tax profit ₹325 Cr: core business ₹322 Cr, other income ₹3.2 Cr.
Core profit YoY: —
AI read of the filing INDO-MIM Q1 Standalone Net Profit Grows 23.5% YoY to ₹223.17 Cr; Revenue at ₹1,003.11 Cr Positive Standalone revenue from operations stood at ₹10,031.10 million vs ₹9,720.53 million in Q1 FY26 (up 3.2% YoY). Standalone profit after tax increased 23.5% YoY to ₹2,231.70 million compared to ₹1,807.37 million in Q1 FY26. Finance costs decreased significantly to ₹238.07 million from ₹431.82 million in the year-ago quarter. Full analysis →
M Cap ₹36,784 Cr
P/E 293.5
PEG 5.06
Since results +29.9%
Profit +389% above its own trend Operating margin expanded 1645 bps YoY Operating cash flow was negative in FY26 despite a profit
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+97.4% -14.8%
192 225 97.1 Operating profit
+456.6% -33.0%
48.9 73.0 8.8 OPM %
+1645 bps -695 bps
25.5% 32.4% 9.0% Other income
-49.7% -55.7%
5.3 12.0 10.6 Net profit
+466.2% -51.3%
29.2 60.0 5.2 PAT margin %
+991 bps -1145 bps
15.2% 26.7% 5.3% EPS (₹)
+466.0% -51.3%
19.47 39.96 3.44
Quality of profit
Pre-tax profit ₹36.7 Cr: core business ₹31.4 Cr, other income ₹5.3 Cr.
Core profit YoY: from loss
· reported profit +466.2%
Cash & debt
FY26 cash from operations −₹69.0 Cr:
-68% of FY26 net profit of ₹101 Cr.
Borrowings ₹261 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹190 ₹192
+0.8% in line Net profit ₹6.0 ₹29.2
+388.8% above
AI read of the filing PTC Industries Approves Q1 FY27 Results; Appoints Aman Malviya & Associates as Cost Auditor Neutral Board approved unaudited Standalone and Consolidated Financial Results for Q1 ended June 30, 2026. Auditor's limited review report contains an unmodified opinion across standalone and consolidated statements. Four subsidiaries generated Rs 71.44 crore in revenue and Rs 1.93 crore in PAT during Q1. Full analysis →
M Cap ₹2,666 Cr
P/E 23.5
PEG —
Since results -5.2%
Profit +174% above its own trend 48% of pre-tax profit came from other income and one-off items Exceptional items of ₹56.3 Cr in the quarter Profit grew faster than the core business (core profit +46%)
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+15.7% -4.7%
410 430 354 Operating profit
+15.2% -20.5%
64.4 81.0 55.9 OPM %
-7 bps -314 bps
15.7% 18.8% 15.8% Other income
+11.0% —
16.9 1.0 15.2 Net profit
+78.1% -24.1%
34.2 45.0 19.2 PAT margin %
+292 bps -213 bps
8.3% 10.5% 5.4% EPS (₹)
+371.8% +102.0%
18.73 9.27 3.97
Quality of profit
Pre-tax profit ₹35.1 Cr: core business ₹18.2 Cr, other income ₹16.9 Cr.
Core profit YoY: +45.7%
· reported profit +78.1%
Cash & debt
FY26 cash from operations ₹230 Cr:
234% of FY26 net profit of ₹98.3 Cr.
Borrowings ₹1,074 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹367 ₹410
+11.6% above Net profit ₹12.5 ₹34.2
+174.0% above
AI read of the filing MM Forgings Q1 Revenue Up 15.6% YoY to Rs 409.11 Cr; Appoints New Company Secretary Positive Standalone revenue from operations rose 15.6% YoY to Rs 40,911.47 lakhs (Rs 409.11 Cr) in Q1 FY27. Total income for the quarter stood at Rs 42,701.08 lakhs (Rs 427.01 Cr) compared to Rs 36,918.10 lakhs in Q1 FY26. Finance costs declined to Rs 1,626.90 lakhs (Rs 16.27 Cr) from Rs 1,830.44 lakhs in Q1 FY26. Full analysis →
M Cap ₹83.0 Cr
P/E 16.3
PEG —
Since results -17.0%
Profit +684% above its own trend Operating margin contracted 159 bps YoY Operating cash flow was negative in FY26 despite a profit
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+167.4% +16.0%
59.0 50.8 22.1 Operating profit
+117.4% +60.3%
4.1 2.5 1.9 OPM %
-159 bps +192 bps
6.9% 5.0% 8.5% Other income
-17.9% -43.3%
0.3 0.6 0.4 Net profit
— —
1.8 0.1 0.1 PAT margin %
+238 bps +279 bps
3.1% 0.3% 0.7% EPS (₹)
— —
0.35 0.03 0.03
Quality of profit
Pre-tax profit ₹2.2 Cr: core business ₹1.9 Cr, other income ₹0.3 Cr.
Core profit YoY: from loss
Cash & debt
FY26 cash from operations −₹27.0 Cr:
-783% of FY26 net profit of ₹3.4 Cr.
Borrowings ₹50.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹31.6 ₹59.0
+86.7% above Net profit ₹0.2 ₹1.8
+684.2% above
AI read of the filing Hilton Metal Q1 PAT Surges to ₹1.81 Cr (Up 12x YoY); Revenue Rises 167% to ₹58.96 Cr Positive Revenue from operations surged 167.4% YoY to ₹58.96 Cr (₹5,895.62 Lakhs) vs ₹22.05 Cr in Q1 FY26 Net profit (PAT) grew 1,119% YoY to ₹1.81 Cr (₹180.55 Lakhs) vs ₹0.15 Cr in Q1 FY26 PBT rose sharply to ₹2.16 Cr (₹216.41 Lakhs) against ₹0.10 Cr in the year-ago period Full analysis →
M Cap ₹1,408 Cr
P/E 38.5
PEG —
Since results +16.4%
Profit +49% above its own trend Operating margin contracted 236 bps YoY
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+38.3% +16.8%
578 495 418 Operating profit
+10.5% +18.7%
54.2 45.7 49.1 OPM %
-236 bps +15 bps
9.4% 9.2% 11.7% Other income
from loss +103.2%
1.1 0.5 -1.8 Net profit
+22.9% +44.2%
11.4 7.9 9.3 PAT margin %
-25 bps +38 bps
2.0% 1.6% 2.2% EPS (₹)
+23.2% +44.4%
7.02 4.86 5.70
Quality of profit
Pre-tax profit ₹18.3 Cr: core business ₹17.2 Cr, other income ₹1.1 Cr.
Core profit YoY: +19.5%
· reported profit +22.9%
Cash & debt
FY26 cash from operations ₹239 Cr:
694% of FY26 net profit of ₹34.4 Cr.
Borrowings ₹354 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹442 ₹578
+30.7% above Net profit ₹7.7 ₹11.4
+48.8% above
AI read of the filing Alicon Recommends Rs 3 Final Dividend; Appoints Ex-Bosch Executive to Board Neutral Final dividend of Rs 3 per share recommended for FY26, totaling Rs 5 for the full year. Total dividend payout represents 100% of the Rs 5 equity share face value. Appointment of Mr. Anantakrishnan Krishna, bringing 26 years of Bosch and 14 years of HAL experience to the board. Full analysis →
M Cap ₹837 Cr
P/E 137.3
PEG —
Since results +9.6%
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+18.0% -9.1%
38.1 41.9 32.3 Operating profit
+18.8% +13.3%
4.4 3.9 3.7 OPM %
+8 bps +227 bps
11.5% 9.2% 11.4% Other income
-46.8% -70.8%
0.3 1.1 0.6 Net profit
-13.6% -19.8%
1.2 1.5 1.4 PAT margin %
-117 bps -43 bps
3.2% 3.6% 4.4% EPS (₹)
-16.7% -16.7%
0.10 0.12 0.12
Quality of profit
Pre-tax profit ₹1.7 Cr: core business ₹1.3 Cr, other income ₹0.3 Cr.
Core profit YoY: +3.9%
· reported profit -13.6%
Cash & debt
FY26 cash from operations ₹16.0 Cr:
254% of FY26 net profit of ₹6.3 Cr.
Borrowings ₹42.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹44.5 ₹38.1
-14.3% below Net profit ₹1.2 ₹1.2
+1.0% in line
AI read of the filing Rs 38.10 Cr Revenue in Q1 FY27; Net Profit Declines 13.6% YoY Amid Defense Pivot Watch Revenue from operations increased 17.9% YoY to Rs 38.10 Cr from Rs 32.30 Cr. Net profit fell to Rs 1.22 Cr from Rs 1.41 Cr YoY, reflecting a thin net margin of 3.2%. Converted 25,60,000 warrants into equity shares during the quarter, with 8,50,000 warrants still outstanding. Full analysis →
M Cap ₹5,841 Cr
P/E 21.8
PEG 0.25
Since results +3.3%
Operating margin contracted 280 bps YoY FY26 operating cash flow was only 12% of profit
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+29.0% +13.9%
301 264 233 Operating profit
+17.3% +41.3%
84.8 60.0 72.3 OPM %
-280 bps +546 bps
28.2% 22.7% 31.0% Other income
+129.7% -83.2%
3.9 23.0 1.7 Net profit
+15.9% +0.1%
66.1 66.0 57.0 PAT margin %
-248 bps -302 bps
22.0% 25.0% 24.5% EPS (₹)
+8.9% +1.3%
5.49 5.42 5.04
Quality of profit
Pre-tax profit ₹80.7 Cr: core business ₹76.9 Cr, other income ₹3.9 Cr.
Core profit YoY: +12.4%
· reported profit +15.9%
Cash & debt
FY26 cash from operations ₹32.0 Cr:
12% of FY26 net profit of ₹259 Cr.
Borrowings ₹152 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹297 ₹301
+1.2% in line Net profit ₹72.8 ₹66.1
-9.2% in line
AI read of the filing Balu Forge Q1 Net Profit up 16% to ₹66 Cr; Board approves USD 60M FCCB fundraise Watch Consolidated Revenue grew 28.9% YoY to ₹300.71 cr in Q1 FY27 compared to ₹233.20 cr in Q1 FY26. Net Profit increased 15.9% YoY to ₹66.09 cr, though EPS slightly declined to ₹5.49 from ₹6.35 in the preceding quarter. Board approved raising up to USD 60 million (~₹500 cr) through Foreign Currency Convertible Bonds (FCCBs) on a private placement basis. Full analysis →
M Cap ₹34,880 Cr
P/E 27.6
PEG 3.94
Since results -21.6%
Profit -15% below its own trend Operating margin contracted 312 bps YoY 30% of pre-tax profit came from other income and one-off items FY26 operating cash flow was only 47% of profit
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+12.4% -7.7%
1,168 1,266 1,039 Operating profit
+0.5% -15.2%
308 363 306 OPM %
-312 bps -231 bps
26.4% 28.7% 29.5% Other income
+2.3% -16.7%
117 140 114 Net profit
-1.4% -23.4%
301 393 305 PAT margin %
-360 bps -527 bps
25.8% 31.0% 29.4% EPS (₹)
-1.3% -23.4%
32.27 42.14 32.69
Quality of profit
Pre-tax profit ₹395 Cr: core business ₹278 Cr, other income ₹117 Cr.
Core profit YoY: +2.6%
· reported profit -1.4%
Cash & debt
FY26 cash from operations ₹592 Cr:
47% of FY26 net profit of ₹1,269 Cr.
Borrowings ₹10.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹1,050 ₹1,168
+11.2% above Net profit ₹352 ₹301
-14.6% below
AI read of the filing AIA Engineering Q1 FY27 Standalone PAT Grows 8% YoY to ₹252.9 Cr; Revenue at ₹890.1 Cr Neutral Standalone Revenue from operations increased 6.9% YoY to ₹890.14 Cr from ₹832.74 Cr. Standalone Net Profit rose 8.1% YoY to ₹252.91 Cr compared to ₹234.03 Cr in Q1 FY26. Other Income of ₹105.34 Cr contributed approximately 31.2% to the total Profit Before Tax. Full analysis →
M Cap ₹313 Cr
P/E 25.3
PEG 0.10
Since results +33.9%
Profit +59% above its own trend Operating margin expanded 662 bps YoY Core business grew faster than reported profit (core profit +260%)
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+4.2% +17.2%
66.8 57.0 64.1 Operating profit
+78.5% +57.7%
10.6 6.7 5.9 OPM %
+662 bps +408 bps
15.9% 11.8% 9.3% Other income
-29.8% -87.8%
0.3 2.3 0.4 Net profit
+218.5% -23.8%
4.5 5.9 1.4 PAT margin %
+451 bps -361 bps
6.7% 10.3% 2.2% EPS (₹)
+218.1% -23.8%
12.31 16.16 3.87
Quality of profit
Pre-tax profit ₹6.2 Cr: core business ₹5.9 Cr, other income ₹0.3 Cr.
Core profit YoY: +260.2%
· reported profit +218.5%
Cash & debt
FY26 cash from operations ₹7.0 Cr:
75% of FY26 net profit of ₹9.3 Cr.
Borrowings ₹106 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹62.6 ₹66.8
+6.6% above Net profit ₹2.8 ₹4.5
+59.2% above
AI read of the filing Kalyani Forge Q1 Results: Dividend Record Date Aug 21; Auditor Issues Disclaimer of Opinion Watch Statutory Auditors issued a Limited Review Report with a disclaimer of opinion for the Q1 FY27 results. Record date for the upcoming dividend is set for Friday, August 21, 2026. 47th Annual General Meeting (AGM) is scheduled for Monday, September 21, 2026. Full analysis →
M Cap ₹86,864 Cr
P/E 121.4
PEG 3.47
Since results -19.6%
Into loss: a profit a year ago Profit -125% below its own trend Operating margin contracted 193 bps YoY Exceptional items of ₹-358 Cr in the quarter
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+18.7% +2.5%
4,640 4,528 3,909 Operating profit
+5.4% -8.7%
709 777 673 OPM %
-193 bps -187 bps
15.3% 17.2% 17.2% Other income
+15.1% from loss 57.2 -46.0 49.7 Net profit
to loss to loss -89.9 233 284 PAT margin %
-920 bps -708 bps
-1.9% 5.1% 7.3% EPS (₹)
to loss to loss -1.88 4.86 5.93
Quality of profit
Pre-tax profit ₹44.4 Cr: core business ₹356 Cr, other income ₹57.2 Cr, exceptional & other items −₹369 Cr.
Core profit YoY: -2.2%
Cash & debt
FY26 cash from operations ₹1,487 Cr:
137% of FY26 net profit of ₹1,089 Cr.
Borrowings ₹7,309 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹4,433 ₹4,640
+4.7% in line Net profit ₹357 −₹89.9
-125.2% below
AI read of the filing Rs 2,500 Cr fundraise approved; Q1 revenue up 18.7% YoY; entry into semi-conductors Watch Approved fundraising of up to Rs 2,500 Cr via equity, debt, or convertible securities Consolidated Revenue for Q1 FY27 increased to Rs 4,639.94 Cr from Rs 3,908.75 Cr YoY Reported a consolidated net loss of Rs 89.89 Cr, impacted by an exceptional loss of Rs 358.01 Cr Full analysis →
M Cap ₹4,648 Cr
P/E 38.6
PEG —
Since results +4.9%
Operating margin contracted 390 bps YoY 57% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -68%)
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
-8.5% -4.5%
1,426 1,493 1,558 Operating profit
-41.2% +61.3%
100.0 62.0 170 OPM %
-390 bps +286 bps
7.0% 4.2% 10.9% Other income
+40.2% +6.1%
39.2 37.0 28.0 Net profit
-45.7% +202.3%
48.4 16.0 89.0 PAT margin %
-232 bps +232 bps
3.4% 1.1% 5.7% EPS (₹)
-45.8% +200.0%
0.78 0.26 1.44
Quality of profit
Pre-tax profit ₹68.7 Cr: core business ₹29.4 Cr, other income ₹39.2 Cr.
Core profit YoY: -68.4%
· reported profit -45.7%
Cash & debt
FY26 cash from operations ₹1,147 Cr:
712% of FY26 net profit of ₹161 Cr.
Borrowings ₹1,561 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹1,247 ₹1,426
+14.3% above Net profit ₹44.5 ₹48.4
+8.7% in line
AI read of the filing ELECTCAST Appoints New CFO; Expands into Vande Bharat & Railway Rubber Components Watch Appointment of Rajesh Daga as CFO effective August 11, 2026, bringing over 30 years of internal experience. Expansion into manufacturing rubber products for Indian Railways, including Vande Bharat metal-bonded components and LHB coach pads. Rs 46.80 Cr in Industrial Promotion Assistance incentives remains outstanding and is currently under litigation with the West Bengal government. Full analysis →
M Cap ₹171 Cr
P/E 19.4
PEG 0.62
Since results +3.9%
Profit -99% below its own trend Operating margin contracted 254 bps YoY FY26 operating cash flow was only 11% of profit
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
-98.6% +9.5%
52.9 48.4 3,717 Operating profit
-98.8% +32.7%
6.4 4.8 545 OPM %
-254 bps +212 bps
12.1% 10.0% 14.7% Other income
-97.3% -22.2%
0.2 0.2 5.8 Net profit
-98.5% +119.3%
3.0 1.4 203 PAT margin %
+18 bps +282 bps
5.6% 2.8% 5.5% EPS (₹)
+46.8% +117.3%
1.13 0.52 0.77
Quality of profit
Pre-tax profit ₹2.5 Cr: core business ₹2.4 Cr, other income ₹0.2 Cr.
Core profit YoY: -99.0%
· reported profit -98.5%
Cash & debt
FY26 cash from operations ₹23.0 Cr:
11% of FY26 net profit of ₹209 Cr.
Borrowings ₹98.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹5,297 ₹52.9
-99.0% below Net profit ₹299 ₹3.0
-99.0% below
AI read of the filing 57.7% Revenue Growth in Q1 FY27; Pritika Engineering Reports ₹2.17 Cr Net Profit Positive Standalone revenue from operations grew 57.7% YoY to ₹50.77 Cr in Q1 FY27. Net profit increased to ₹2.17 Cr, a 24% growth compared to ₹1.75 Cr in the same quarter last year. Raw material consumption costs stood at ₹32.19 Cr, representing 63.4% of revenue. Full analysis →
M Cap ₹4,437 Cr
P/E 29.2
PEG —
Since results +21.7%
Operating margin expanded 146 bps YoY 25% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+4.4% -0.4%
304 306 292 Operating profit
+11.6% +22.2%
68.7 56.2 61.6 OPM %
+146 bps +419 bps
22.6% 18.4% 21.1% Other income
+27.1% +590.7%
19.8 2.9 15.6 Net profit
+22.3% from loss 60.1 -0.1 49.2 PAT margin %
+290 bps +1981 bps
19.8% -0.0% 16.9% EPS (₹)
+22.1% from loss 2.21 -0.01 1.81
Quality of profit
Pre-tax profit ₹79.3 Cr: core business ₹59.4 Cr, other income ₹19.8 Cr.
Core profit YoY: +13.5%
· reported profit +22.3%
Cash & debt
FY26 cash from operations ₹190 Cr:
135% of FY26 net profit of ₹141 Cr.
Borrowings nil at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹311 ₹304
-2.2% in line Net profit ₹59.9 ₹60.1
+0.4% in line
AI read of the filing Rolex Rings Q1 FY27 Net Profit at ₹60.14 Cr, Revenue Grows 4.4% YoY to ₹304.34 Cr Positive Net Profit reached ₹60.14 cr, recovering from a ₹0.15 cr loss in the sequential quarter (Mar 2026). Revenue from operations grew 4.4% YoY to ₹304.34 cr from ₹291.58 cr in June 2025. Completed a buyback of 10,000,000 equity shares at ₹180 per share for a total of ₹180 cr. Full analysis →
M Cap ₹18,150 Cr
P/E 55.4
PEG 4.26
Since results +16.3%
Profit +24% above its own trend Operating margin expanded 275 bps YoY
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+27.0% +6.0%
449 424 354 Operating profit
+39.3% +5.9%
141 133 101 OPM %
+275 bps -3 bps
31.3% 31.4% 28.6% Other income
+7.1% +84.7%
11.1 6.0 10.4 Net profit
+39.2% +8.9%
91.5 84.0 65.7 PAT margin %
+178 bps +54 bps
20.4% 19.8% 18.6% EPS (₹)
+39.2% +9.5%
9.70 8.86 6.97
Quality of profit
Pre-tax profit ₹123 Cr: core business ₹112 Cr, other income ₹11.1 Cr.
Core profit YoY: +42.5%
· reported profit +39.2%
Cash & debt
FY26 cash from operations ₹445 Cr:
147% of FY26 net profit of ₹302 Cr.
Borrowings ₹330 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹380 ₹449
+18.2% above Net profit ₹74.0 ₹91.5
+23.6% above
AI read of the filing 39% PAT Growth in Q1 FY27; Revenue up 27% YoY to 449.42 Cr Positive Revenue from operations increased 27% YoY to 449.42 Cr from 353.80 Cr. Net profit grew 39.2% YoY to 91.46 Cr, up from 65.69 Cr in Q1 FY26. Basic EPS rose to 9.70 from 6.97 in the year-ago quarter. Full analysis →
M Cap ₹3,608 Cr
P/E 39.9
PEG 5.69
Since results +17.9%
Profit +24% above its own trend
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+17.0% +11.4%
125 112 107 Operating profit
+17.2% +10.3%
32.0 29.0 27.3 OPM %
+4 bps -26 bps
25.6% 25.9% 25.6% Other income
+19.2% -35.1%
3.2 5.0 2.7 Net profit
+19.3% +3.1%
23.7 23.0 19.9 PAT margin %
+36 bps -154 bps
19.0% 20.5% 18.6% EPS (₹)
-76.2% +2.2%
2.34 2.29 9.82
Quality of profit
Pre-tax profit ₹31.8 Cr: core business ₹28.5 Cr, other income ₹3.2 Cr.
Core profit YoY: +19.2%
· reported profit +19.3%
Cash & debt
FY26 cash from operations ₹86.0 Cr:
99% of FY26 net profit of ₹86.7 Cr.
Borrowings nil at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹101 ₹125
+23.8% above Net profit ₹19.1 ₹23.7
+24.0% above
AI read of the filing Steelcast Q1 PAT up 19%; announces Rs 120 Cr Greenfield expansion (30% of Net Worth) Positive Net profit increased 19.3% YoY to Rs 23.71 Cr for the quarter ended June 30, 2026 Approved Rs 120 Cr Greenfield foundry expansion to add 8,500 Tons of capacity by March 2028 Capacity expansion represents a 29.3% increase over the current 29,000 TPA capacity Full analysis →
M Cap ₹2,699 Cr
P/E 10.8
PEG —
Since results -14.5%
Operating margin contracted 115 bps YoY Operating cash flow was negative in FY26 despite a profit
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+15.6% +14.2%
592 518 512 Operating profit
-26.4% -69.5%
11.9 39.1 16.2 OPM %
-115 bps -553 bps
2.0% 7.5% 3.2% Other income
+1.4% -58.9%
3.7 9.1 3.7 Net profit
loss widened to loss -59.3 426 -57.8 PAT margin %
+126 bps -9233 bps
-10.0% 82.3% -11.3% EPS (₹)
loss widened to loss -26.91 193.42 -26.20
Quality of profit
Pre-tax profit −₹53.1 Cr: core business −₹57.0 Cr, other income ₹3.7 Cr.
Core profit YoY: loss widened
Cash & debt
FY26 cash from operations −₹4.0 Cr:
-2% of FY26 net profit of ₹252 Cr.
Borrowings ₹1,298 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹451 ₹592
+31.0% above
AI read of the filing 19% Revenue Growth in Q1 FY27; EBITDA Margins Contract to 12.7% Neutral Standalone revenue increased 18.6% YoY to 524.22 Cr, representing ~26.6% of TTM revenue. EBITDA margins declined by 330 basis points to 12.7% from 16.0% in the year-ago period. Invested 76.01 Cr in wholly owned US subsidiary Sundaram Holding USA Inc during Q1. Full analysis →
M Cap ₹1,243 Cr
P/E 30.3
PEG 1.78
Since results +4.7%
Profit -70% below its own trend Operating margin contracted 389 bps YoY 65% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -81%)
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+2.8% -7.4%
341 368 332 Operating profit
-44.2% -50.6%
15.8 31.9 28.2 OPM %
-389 bps -404 bps
4.6% 8.7% 8.5% Other income
+5.0% +45.1%
4.3 3.0 4.1 Net profit
-58.9% -66.4%
5.1 15.3 12.5 PAT margin %
-226 bps -264 bps
1.5% 4.1% 3.8% EPS (₹)
-59.0% -66.5%
0.59 1.76 1.44
Quality of profit
Pre-tax profit ₹6.7 Cr: core business ₹2.3 Cr, other income ₹4.3 Cr.
Core profit YoY: -81.2%
· reported profit -58.9%
Cash & debt
FY26 cash from operations ₹92.0 Cr:
190% of FY26 net profit of ₹48.4 Cr.
Borrowings ₹257 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹369 ₹341
-7.5% below Net profit ₹16.9 ₹5.1
-69.6% below
AI read of the filing 58.9% YoY PAT Drop in Q1 FY27; Revenue Grows Marginally to Rs 341.05 Cr Negative Revenue from operations stood at Rs 341.05 Cr, up 2.8% from Rs 331.86 Cr in the same quarter last year. Net Profit (PAT) plummeted to Rs 5.14 Cr from Rs 12.50 Cr in Q1 FY26, a decline of 58.9%. Earnings Per Share (EPS) fell to Rs 0.59 from Rs 1.44 in the year-ago period. Full analysis →
M Cap ₹12,695 Cr
P/E 118.2
PEG —
Since results +17.7%
Profit +695% above its own trend Operating margin expanded 332 bps YoY
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+19.8% -0.0%
1,217 1,217 1,015 Operating profit
+47.0% +7.6%
218 203 149 OPM %
+332 bps +128 bps
18.0% 16.7% 14.6% Other income
-5.2% +72.0%
3.4 2.0 3.6 Net profit
+297.7% -16.3%
46.9 56.0 11.8 PAT margin %
+269 bps -75 bps
3.9% 4.6% 1.2%
Quality of profit
Pre-tax profit ₹64.7 Cr: core business ₹61.9 Cr, other income ₹3.4 Cr, exceptional & other items −₹0.6 Cr.
Core profit YoY: +204.1%
· reported profit +297.7%
Cash & debt
FY26 cash from operations ₹840 Cr:
1162% of FY26 net profit of ₹72.3 Cr.
Borrowings ₹2,449 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹1,032 ₹1,217
+17.9% above Net profit ₹5.9 ₹46.9
+695.5% above
AI read of the filing ₹170.52 Cr Capex for Passenger Vehicle Expansion and Management Re-designation Positive Approved ₹170.52 crore investment for a new 4,000 MT press line and passenger vehicle component manufacturing. Planned capacity addition of 8,800 MT to be commissioned by September 2027, funded via a mix of debt and equity. Mr. Chaitanya Jalan re-designated as Joint Managing Director with a tenure extending to November 2029. Full analysis →
M Cap ₹14,065 Cr
P/E 15.6
PEG 0.12
Since results -19.9%
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+10.6% +0.3%
2,621 2,612 2,369 Operating profit
+15.7% -3.1%
390 402 337 OPM %
+65 bps -52 bps
14.9% 15.4% 14.2% Other income
+29.7% -7.6%
28.6 31.0 22.1 Net profit
+15.8% -5.4%
236 249 204 PAT margin %
+40 bps -54 bps
9.0% 9.5% 8.6% EPS (₹)
+15.9% -5.5%
6.21 6.57 5.36
Quality of profit
Pre-tax profit ₹313 Cr: core business ₹282 Cr, other income ₹28.6 Cr, exceptional & other items ₹2.1 Cr.
Core profit YoY: +13.9%
· reported profit +15.8%
Cash & debt
Borrowings ₹426 Cr at Dec 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹2,660 ₹2,621
-1.5% in line Net profit ₹224 ₹236
+5.2% in line
AI read of the filing CIEINDIA Q2 Standalone PAT up 16.8% YoY to ₹148.1 Cr; Revenue grows 9.9% YoY Neutral Standalone Revenue for Q2 2026 stood at ₹1,352.28 Cr, up 9.9% from ₹1,230.04 Cr in Q2 2025. Standalone PAT for the quarter was ₹148.12 Cr, a 16.8% increase over the ₹126.78 Cr reported in the previous year's corresponding quarter. H1 2026 Standalone Total Income reached ₹2,793.91 Cr, compared to ₹2,512.61 Cr in H1 2025. Full analysis →
M Cap ₹50.0 Cr
P/E —
PEG —
Since results -24.6%
Turnaround: profit against a loss a year ago Operating margin expanded 1012 bps YoY 82% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
-7.3% -33.0%
7.2 10.7 7.8 Operating profit
from loss from loss 0.7 -0.1 -0.1 OPM %
+1012 bps +1028 bps
9.3% -0.9% -0.8% Other income
-62.4% +247.5%
0.1 0.0 0.4 Net profit
from loss from loss 1.1 -0.5 -0.3 PAT margin %
+1847 bps +1901 bps
14.7% -4.3% -3.7% EPS (₹)
from loss from loss 0.08 -0.03 -0.02
Quality of profit
Pre-tax profit ₹1.0 Cr: core business ₹0.2 Cr, other income ₹0.1 Cr, exceptional & other items ₹0.7 Cr.
Core profit YoY: from loss
Cash & debt
FY26 cash from operations ₹0.4 Cr.
Borrowings ₹20.1 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹6.5 ₹7.2
+10.9% above
AI read of the filing Ganga Forging Reports Rs 1.06 Cr Q1 Profit, Turns Around from Loss; Approves UAE Subsidiary Positive Net Profit of Rs 1.06 Cr in Q1 FY27 vs a loss of Rs 0.29 Cr in Q1 FY26. Revenue from operations increased to Rs 9.27 Cr, up 19.6% from Rs 7.75 Cr in the year-ago period. Operating expenses reduced significantly to Rs 8.31 Cr from Rs 11.42 Cr in the preceding March 2026 quarter. Full analysis →
M Cap ₹9,155 Cr
P/E 47.0
PEG —
Profit +146% above its own trend Operating margin expanded 1182 bps YoY Core business grew faster than reported profit (core profit +216%)
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
+48.0% +18.6%
478 403 323 Operating profit
+163.3% +67.5%
129 77.0 49.0 OPM %
+1182 bps +788 bps
27.0% 19.1% 15.2% Other income
-50.0% -50.0%
2.0 4.0 4.0 Net profit
+187.1% +74.5%
89.0 51.0 31.0 PAT margin %
+902 bps +596 bps
18.6% 12.7% 9.6% EPS (₹)
+183.7% +72.7%
40.40 23.39 14.24
Quality of profit
Pre-tax profit ₹118 Cr: core business ₹117 Cr, other income ₹2.0 Cr, exceptional & other items −₹1.0 Cr.
Core profit YoY: +216.2%
· reported profit +187.1%
Cash & debt
Borrowings ₹2.0 Cr at Dec 2025, against ₹2.0 Cr at Jun 2025 (+0% ).
Against its own trend ?
Trend Actual Gap
Sales ₹365 ₹478
+31.0% above Net profit ₹36.1 ₹89.0
+146.3% above
Into loss: a profit a year ago Profit -622% below its own trend Operating margin contracted 689 bps YoY
₹ Cr YoY QoQ
Jun 2026 Mar 2026 Jun 2025
Sales
-10.2% -37.0%
75.0 119 83.6 Operating profit
-55.9% -52.1%
5.0 10.4 11.3 OPM %
-689 bps -210 bps
6.7% 8.8% 13.6% Other income
-45.1% -77.3%
1.0 4.4 1.8 Net profit
to loss to loss -10.0 0.4 3.4 PAT margin %
-1738 bps -1368 bps
-13.3% 0.3% 4.0% EPS (₹)
to loss to loss -6.50 0.26 2.17
Quality of profit
Pre-tax profit −₹11.0 Cr: core business −₹11.0 Cr, other income ₹1.0 Cr, exceptional & other items −₹1.0 Cr.
Core profit YoY: to loss
Cash & debt
FY26 cash from operations ₹19.0 Cr:
408% of FY26 net profit of ₹4.7 Cr.
Borrowings ₹250 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹83.8 ₹75.0
-10.5% below Net profit ₹1.9 −₹10.0
-621.5% below
Standouts so far
Among companies with a market cap of ₹1,000 Cr or more, so a tiny base does not top the list. Price reaction: last close against the close before the filing.
Reporting in the next three days
HCL Technologies (Mon 12 Oct), ICICI Prudential (Mon 12 Oct), RBL Bank (Mon 12 Oct), Swan Defence (Mon 12 Oct), Gujarat State (Mon 12 Oct), Swaraj Engines (Mon 12 Oct), Plastiblends India (Mon 12 Oct), UMIYA BUILDCON (Mon 12 Oct), Alkali Metals (Mon 12 Oct), Gradiente Infotainment (Mon 12 Oct), Agri-Tech (India) (Mon 12 Oct), Abhishek Integrations (Mon 12 Oct), Rudra Ecovation (Mon 12 Oct), Newtrac Foods (Mon 12 Oct), Inani Securities (Mon 12 Oct), Neil Industries (Mon 12 Oct), Adroit Industries (Mon 12 Oct), TYPHOON (Mon 12 Oct), UNIVARTS (Mon 12 Oct), VERONICAPRO (Mon 12 Oct), ICICI Prudential (Tue 13 Oct), Tata Elxsi (Tue 13 Oct), Transformers And Rectifiers (Tue 13 Oct), Anand Rathi (Tue 13 Oct) and 87 more.
Full results calendar →
How to read this page
The numbers. Each card is one company's Q1 FY27 results as filed with NSE or BSE, read from the
filing within hours of its release, in ₹ crore. We show the consolidated statement, or the standalone one when
the consolidated figures are a copy of it or have no year-ago quarter to compare with. YoY compares with the same
quarter a year earlier and QoQ with the quarter before (the previous half-year for companies that report every six months).
A swing between profit and loss is described in words: a percentage across it would mislead.
Margins. Operating margin (OPM) is operating profit, before depreciation, interest and other income,
as a share of sales; PAT margin is net profit as a share of sales. Their changes are in basis points
(100 bps = 1 percentage point).
Quality of profit. Core profit is operating profit minus interest and depreciation: what the business
itself earned before tax. The rest of pre-tax profit is other income (interest on cash, dividends, gains on
investments) and exceptional or one-off items. We flag a quarter when that share is 25% or more,
and when reported profit grew much faster than core profit. For banks we compare pre-provision profit with net
profit, since a fall in provisions can lift profit without the business growing.
Against its own trend. We do not have analyst consensus estimates, and we do not make them up. Instead
each company is measured against the path it was on: the same quarter last year, grown at the median of its
last four year-on-year growth rates (held between −50% and +100%; at least two growth rates needed). Sales
5% or more above that, or net profit 10% or more above, is "above trend";
as far below is "below trend". It answers "was this quarter better or worse than the company's own recent
run?", which consensus does not.
Cash and debt. Profit is an accounting figure; cash is harder to dress up. For each company we show
its operating cash flow for the last financial year as a share of that year's net profit (flagged under
50%, or when it is negative despite a profit), and its borrowings at the latest balance sheet
against the one six months earlier (flagged at a 25% move). Balance sheets come with the
September and March results, cash-flow statements with the March results.
Price since results. The latest close against the last close before the filing (a filing after 3:30 pm
counts from the next session). It is a fact about the market's reaction, not advice.
Market cap groups. Large cap is the 100 largest companies by market value and mid cap the next 150
(SEBI's ranking); below that, small cap is ₹5,000 Cr or more, micro cap ₹500 Cr or more, nano cap below.
Data source Quarterly results filed by listed companies with NSE and BSE (Regulation 33 of SEBI LODR), read from each filing; share prices from the exchanges; market cap and P/E from our daily fundamentals snapshot.
Last updated 12 Oct 2026, 12:20 IST
