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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Steelcast Ltd

Steelcast Ltd: Q1 FY27 Unaudited Results & Greenfield Foundry Expansion Approved

RESULTS ▲ Positive Development LOW RISK
📅 Filed on BSE: 29 Jul 2026, 04:49 PM IST  ·  BSE ID: bd1f9f12-acac-4110-ab78-4086dc6b9b66
View Original BSE Filing (PDF)
💡
In Simple Terms
Steelcast approved its quarterly results, plans to build a new factory for Rs. 120 Crores, and declared a dividend.
🤖 AI Summary
  • Steelcast Ltd reported standalone Net Sales of Rs. 12,481.97 Lakhs for Q1 FY27.
  • Board approved a Greenfield Foundry for 8500 TONS capacity addition with Rs. 1,200,000,000 investment.
  • Investment of approximately Rs. 1,200,000,000 for capacity expansion will be financed through internal accruals.
  • First interim dividend of Rs. 0.45 per equity share declared for FY 2026-27.
  • Record date for the interim dividend is August 07, 2026; payment by August 28, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Sales/Income from Operations (Q1 FY27)
12,481.97 Lakhs
16.99%
Profit/ (Loss) for the period (Q1 FY27)
2,371.23 Lakhs
19.26%
Proposed capacity addition
8500 TONS
Investment required for expansion
Rs. 1,200,000,000
Interim Dividend per share
Rs. 0.45
Basic EPS (Q1 FY27)
2.29
16.84%
🏢 How This Affects the Company
📈
Business Impact
The approved 8500 TONS Greenfield Foundry adds 30% to the existing 29000 TONS capacity, aiming to meet increasing customer demand and reach 90% capacity utilization by March 31, 2029.
💰
Financial Impact
The investment of approximately Rs. 1,200,000,000 for the new foundry will be financed entirely through internal accruals, impacting cash flow over the next two years. Profit for the period increased to Rs. 2,371.23 Lakhs in Q1 FY27.
⚙️
Operational Impact
The Greenfield Foundry project will expand manufacturing capabilities by 8500 TONS over two years, enhancing production capacity beyond the current 63% utilization. This requires planning for construction, equipment procurement, and potential workforce adjustments.
👥 What This Means For Shareholders
✅
Action Required
Shareholders wishing to receive the interim dividend must ensure their shares are held on record date August 07, 2026.
👤
Who Is Affected
Shareholders holding equity shares of Re. 1/- each on the record date of August 07, 2026, will receive a dividend of Rs. 0.45 per share. The dividend will be paid on or before August 28, 2026.
🔍
Management Signal
The declaration of an interim dividend and approval of a significant capacity expansion using internal accruals indicates management's confidence in financial performance and future growth prospects.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Monitor progress of Greenfield Foundry project completion by March 31, 2028.
Check Q2 FY27 results for sustained revenue growth and profit margins.
Observe capacity utilization towards 90% by March 31, 2029, as projected.
LOW RISK The company is funding expansion through internal accruals, limiting immediate financial risk.
💡 Investor Takeaway
Steelcast Ltd reported a Profit for the period of Rs. 2,371.23 Lakhs for Q1 FY27, a 19.26% increase YoY. The Board approved an 8500 TONS Greenfield Foundry with an investment of approximately Rs. 1,200,000,000, financed by internal accruals, to be completed by March 31, 2028. An interim dividend of Rs. 0.45 per share was declared.
⚖️ Strengths & Concerns

✅ Positives

  • Profit for the period increased by 19.26% to Rs. 2,371.23 Lakhs in Q1 FY27 compared to Rs. 1,988.26 Lakhs in Q1 FY26.
  • Company plans to add 8500 TONS capacity with Rs. 1,200,000,000 investment from internal accruals, indicating strong financial health.

⚠️ Concerns

  • Existing capacity utilization is 63% based on projected FY27 data, with the company expecting to reach 90% by March 31, 2029.
  • Cost of materials consumed increased to Rs. 3,424.81 Lakhs in Q1 FY27 from Rs. 2,339.69 Lakhs in Q1 FY26, a 46.38% rise.
📅 Company Track Record
Steelcast Ltd previously informed BSE on July 21, 2026, of a Board meeting on July 29, 2026, to consider Q1 FY27 results and an interim dividend. The share face value was split from Rs. 5 to Re. 1 effective August 29, 2025, with EPS adjusted proportionately.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What were Steelcast Ltd's Net Sales for Q1 FY27?
Steelcast Ltd reported standalone Net Sales/Income from Operations of Rs. 12,481.97 Lakhs for the quarter ended June 30, 2026.
What was Steelcast Ltd's Profit for the period in Q1 FY27?
The Profit for the period for Steelcast Ltd was Rs. 2,371.23 Lakhs for the quarter ended June 30, 2026.
What capacity addition has Steelcast Ltd approved?
Steelcast Ltd has approved setting up a Greenfield Foundry with a capacity of 8500 TONS, adding to its existing 29000 TONS.
What is the investment for Steelcast Ltd's Greenfield Foundry and how will it be financed?
The investment required for the Greenfield Foundry is approximately Rs. 1,200,000,000 (Rs. One Hundred Twenty Crores), to be financed through Internal Accruals.
What interim dividend did Steelcast Ltd declare for FY 2026-27?
Steelcast Ltd declared a First Interim Dividend for FY 2026-27 at Rs. 0.45 per equity share of Re. 1/- each. The record date is August 07, 2026, with payment on or before August 28, 2026.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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