**1. Business Performance:** Nelcast delivered strong Q4 & FY26 results.

For FY26, revenue grew 5.8% to ₹1,342.4 Cr, with Profit After Tax (PAT) surging 29.9% to ₹48.4 Cr.

Growth was driven by robust domestic demand, especially in the Tractor and M&HCV segments, and improved operational efficiencies. **2. Growth Drivers or Strategy:** The company is strategically focused on manufacturing higher value-added products and expanding its export business.

This includes upgrading moulding lines and developing heavy castings up to 500 kg for key markets. **3. Recent Developments:** Recent updates include the ramp-up of the Pedapariya plant and the installation of a new 1 MW in-house solar power plant, enhancing cost efficiency and sustainability. **4. Key Financial Metrics:** FY26 EBITDA per kg rose 7.9% to ₹13.6. Return on Equity (ROE) hit 10.8%, and Return on Capital Employed (ROCE) reached 8.1%. Net Debt significantly reduced to ₹172.4 Cr from ₹216.2 Cr. **5. Management Commentary / Outlook:** Management anticipates healthy demand, a gradual recovery in exports, and continued progress through new product development, the Pedapariya plant's ramp-up, and better capacity utilization.