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Alicon Castalloy manufactures aluminium castings including cylinder heads, support brackets, intake manifolds, crankshafts, and engine brackets for the auto industry. It has a presence in 18 countries and is a part of Alicon Group.The co. was established as Enkei Castalloy Ltd, a joint venture between Pegasus Castalloy Ltd and Enkei Corporation (now Alicon Castalloy), in Japan; one of the largest manufacturers of…
Alicon Castalloy reported record Q1 revenue of ₹578 Cr (up 38% YoY), crossing the ₹500 Cr milestone. PAT grew 44% QoQ to ₹11.4 Cr. A new manufacturing facility near Pune will expand capacity, supporting future growth amid strong domestic auto market demand and order visibility.
Alicon Castalloy is setting up a new manufacturing plant for GDC, LPDC, and Machining with a capital outlay of 125.5 Cr. This leased facility near Pune expands capacity, funded by debt and internal accruals.
Alicon Castalloy's Q4 revenue rose 15% QoQ to ₹495.4 Cr, with PAT surging 140% to ₹7.9 Cr. Full-year PAT, however, fell 25% to ₹34.4 Cr, impacted by exceptional items. The Board declared a ₹2/share interim dividend.
Alicon Castalloy allotted 75,000 new equity shares (₹5 each) to employees via its ESOP scheme, amounting to ₹3.75 lakh. This move incentives talent, slightly impacting existing shareholder equity.
Company's Board approved the standalone and consolidated financial results for the third quarter. A clean review report was enclosed, confirming financial accuracy for investors.