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Earnings Call Transcript

Simplex Castings Earnings Call Transcript: Key Takeaways

Simplex Castings delivered strong Q1 FY27 growth, with revenue up 35% and PAT up 45% YoY. Management is shifting toward higher-margin, faster-cycle products in railways, defense, and shipbuilding to optimize working capital.

Guidance and delivery
Management target Revenue 66.0% FY28
Highlights
Revenue growth35% YoY growth in Q1 FY27.
MarginsEBITDA margin 18.89%; PAT margins improved to 11.25%.
Order bookRoughly ₹150 Cr plus; historical range ₹80-100 Cr.
Demand visibilityStrong visibility from railways, defense, and power sectors.
Management confidenceHigh, citing 'Simplex 2.0' and expanding opportunity landscape.

Growth

Revenue grew 35% YoY to ₹60.95 Cr; EBITDA rose 25% to ₹11.52 Cr; PAT increased 45% to ₹6.86 Cr.

Outlook

FY27 revenue guidance of ₹300 Cr; targeting ₹500 Cr by FY28. ₹30 Cr CWIP for expansion in Tedesra.

Risks

Capital-intensive nature of legacy equipment business; reliance on government-linked sectors like railways and defense for order timing.

Last quarter's promises, checked

Delivered

  • Guided 8-10% PAT margin → delivered 11.25% (= BEAT)
  • Guided ~₹150 Cr order book → delivered ₹150 Cr+ (= BEAT)
  • Guided 11% Q4 PAT margin sustainability → delivered 11.25% (= BEAT)

Partly delivered

  • Targeted ₹300 Cr FY27 revenue → Q1 at ₹61 Cr (approx 20% of target) (= PARTIAL)
Source

Earnings Call Transcript filed with BSE, NSE: SIMPLEXCAS. Summary written with AI assistance from the document.

Read the document ↗

Simplex Castings Ltd: key numbers

Share price
₹137.00
Market cap
₹561.6 Cr
Revenue (annual)
₹202.9 Cr
Net profit (annual)
₹21.26 Cr
P/E (TTM)
24.0×Sector 53.6×
Promoter holding
50.36%+0.00% QoQ
FII holding
7.46%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Simplex Castings Ltd issued notice for an EGM on October 15, 2026, to approve a preferential issue of Rs. 47.15 Crore.

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Simplex Castings Fund Raise of ₹99.71 Cr

Simplex Castings' board approved a preferential issue of equity shares and warrants aggregating to Rs. 99.71 Crore to raise funds for the company.

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Simplex Castings Board Meeting Date

Simplex Castings scheduled a board meeting on 23 September 2026 to consider raising funds through new equity shares or convertible warrants. No amount is specified.

17:41 IST BSE
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Simplex Castings Annual General Meeting

Simplex Castings Ltd held its 46th Annual General Meeting on September 16, 2026. Proceedings covered standard agenda items, including financial statement adoption and board appointments.

15:31 IST BSE
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