Thaai Casting Limited Reports FY26 Results: Total Income Reaches ₹146.36 Crore Amid Capacity Expansion
Chennai, May 29, 2026 - Thaai Casting Limited (NSE Emerge: TCL | ISIN: INE0QJL01014), a precision engineering company specializing in High Pressure Die Casting (HPDC), Induction Hardening & Gas Nitriding, and Precision Machining of Ferrous and Non-Ferrous Components, has announced its financial results for H2 FY26 and the full year FY26, highlighting significant growth and expanded operational scale.Financial Performance Overview
The company's financial performance showed robust growth across both the second half of the fiscal year (H2 FY26) and the full fiscal year (FY26).Consolidated H2 FY26 Financial Highlights (₹ In Crore)
| Particulars | H2FY26 | H2FY25 | YoY Change |
|---|---|---|---|
| Total Income | 83.88 | 68.77 | 21.97% |
| EBITDA | 20.15 | 16.08 | 25.34% |
| EBITDA Margin (%) | 24.03% | 23.38% | - |
| Net Profit | 6.58 | 5.68 | 15.68% |
| Net Profit Margin (%) | 7.84% | 8.27% | - |
| EPS (₹) | 2.70 | 2.46 | 9.76% |
Consolidated FY26 Financial Highlights (₹ In Crore)
| Particulars | FY26 | FY25 | YoY Change |
|---|---|---|---|
| Total Income | 146.36 | 123.10 | 18.89% |
| EBITDA | 36.48 | 30.58 | 19.29% |
| EBITDA Margin (%) | 24.93% | 24.84% | - |
| Net Profit | 12.75 | 11.06 | 15.32% |
| Net Profit Margin (%) | 8.71% | 8.98% | - |
| EPS (₹) | 5.35 | 4.78 | 11.92% |
Operational and Capital Highlights
Beyond the core financials, the company reported significant improvements in operational metrics:- Cash Flow: Net cash flow from operating activities surged approximately 2,887% year over year, reaching ₹35.44 crore in FY26 from ₹1.19 crore in FY25, signaling stronger operational cash generation.
- Fixed Assets: Total Fixed Assets (including CWIP) increased by approximately 73% year over year, expanding to ₹178.59 crore in FY26 from ₹103.10 crore in FY25, reflecting aggressive capacity expansion.
- Total Assets: Total Assets expanded by approximately 42% year over year to ₹288.22 crore from ₹203.52 crore.
- Reserves: Reserves & Surplus increased by approximately 38% year over year to ₹83.01 crore in FY26 from ₹60.17 crore in FY25.
Order Book and Growth Initiatives
The company noted substantial order momentum, securing domestic orders worth approximately ₹76.76 crore for automotive and non-automotive products, alongside additional domestic orders valued at ₹3.76 crore and ₹12.43 crore. Specific new orders totaling ₹12.43 crore, ₹76.76 crore, and ₹3.76 crore were received during the second half of the period for components to be executed over the next 60 to 80 months.To support its growth and technology upgrades, Thaai Casting Limited raised capital, amounting to approximately ₹31.49 crore through a preferential allotment comprising Equity Shares, Convertible Warrants, and CCDs.
Operationally, the company maintained stable performance with utilization across casting and machining capacities estimated between 75% and 80%. Core verticals, including HPDC, Precision Machining, Induction Hardening, and Gas Nitriding, saw continued strengthening and focus on automation and backward integration.
Management Commentary
Addressing the results, Mr. Anandan Sriramulu, Chairman and Managing Director of Thaai Casting Limited, stated that the company's focus on quality, execution, and capability expansion translated into steady operational and financial progress in FY26.He noted that for the full year FY26, the company reported Total Income of ₹146.36 crore (18.89% YoY growth), EBITDA of ₹36.48 crore (19.29% YoY growth), and Net Profit of ₹12.75 crore (15.32% YoY increase). The significant growth in net cash flow from operating activities to ₹35.44 crore in FY26, compared to ₹1.19 crore in FY25, underscores improved operational scale and execution efficiency.
The management highlighted that the company enhanced its global visibility by participating in the EUROGUSS 2026 exhibition in Germany, positioning itself for export growth and strategic collaborations in European markets.
Established in 2011, Thaai Casting Limited provides end-to-end solutions across the automotive and renewable energy sectors. Its expertise spans High Pressure Die Casting, Precision Machining, Induction Hardening, and Gas Nitriding, with its portfolio including mission-critical components such as engine and transmission parts, EV battery enclosures, and planetary gears. The company maintains certifications under ISO/IATF 16949:2016, serving leading Original Equipment Manufacturers (OEMs) and Tier-1 suppliers.
TCL Stock Price Movement
Shares of Thaai Casting Limited are edging higher, gaining 1.42% as of 2:50 PM today, with the stock currently trading at ₹99.8. The stock maintains momentum, having climbed ₹1.40 on a solid trading volume of 44,800 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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