NSE: ALICON · BSE: 531147 · ISIN INE062D01024
Alicon Castalloy Limited stock analysis
Alicon Castalloy Limited ranks #2938 in the TickerSutra evidence-ranked universe with a score of 43/100 and 95% data confidence. The latest captured fundamentals show ROCE of 10.0%, quarterly sales growth of 38.3% and quarterly profit growth of 4.8%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Strong CFO/EBITDA of 1.2×
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Debt/equity is above 0.5×
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹1,078cr | ₹113cr | ₹24cr | 10.0% |
| 2023 | ₹1,401cr | ₹154cr | ₹51cr | 11.0% |
| 2024 | ₹1,559cr | ₹195cr | ₹61cr | 13.0% |
| 2025 | ₹1,720cr | ₹194cr | ₹46cr | 11.0% |
| 2026 | ₹1,776cr | ₹200cr | ₹34cr | 11.0% |
| TTM | ₹1,931cr | ₹199cr | ₹37cr | 10.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Alicon Castalloy Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 28, 2026. Further, the company has informed the Exchange regarding voting results.
RoutineAlicon Castalloy Ltd - 531147 - Shareholder Meeting / Postal Ballot-Scrutinizer''s ReportBSE · 29 Sept 2026We are enclosing herewith the scrutinizers report and voting result with respect to 36th AGM of the Company.
RoutineShareholders meetingNSE · 28 Sept 2026Alicon Castalloy Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 28, 2026
RoutineAlicon Castalloy Ltd - 531147 - Shareholder Meeting / Postal Ballot-Outcome of AGMBSE · 28 Sept 2026Outcome of Annual General Meeting.
MANAGEMENT COMMENTARY
Signals from filed documents
Growth was driven by stronger urban demand, improved financing availability, and increasing adoption of electric two- wheelers. Exports of two-wheelers also reached a record 51.8 Lakhs units during the year, registering growth of 23.4%, supported by wider global acceptance of Indian brands and competitive pricing. The commercial vehicle segment posted its highest-ever sales of 10.8 Lakhs units during FY 2025-26, regi
Increasing enquiries across new platforms, geographies and product segments, together with an executable order book of approximately ` 7 ,600 Crore, provide strong medium- term growth visibility. While remaining watchful of geopolitical developments, raw material price volatility and inflationary pressures, the Company will continue to focus on productivity, operational efficiency and margin improvement through ongoi
The industry’s export potential is robust, with vehicle exports rising significantly, driven by markets in Asia, Africa, and Latin America. Challenges remain, including capacity utilisation and input cost inflation, but the overall outlook remains optimistic with continued investment in technology, infrastructure, and EV transition. 36 Alicon Castalloy Limited Auto Component Industry India’s auto component industry r
Given that our stand-alone operations continues to deliver stronger profitability, this temporary gap in the international business has, has also had an impact on our consolidated margin profile. We remain confident that as these new programs move into production over the coming quarters, the performance of our international business will improve progressively. It is important to highlight that the growth during the
Financial Performance FY 2025-26 (` in Crore) Particulars FY 2025-26 FY 2024-25 Y oY (%) Revenues (Total Income) 1,784.47 1,723.79 3.52% EBITDA 203.29 197 .90 2.72% Profit Before Tax (PBT) 54.69 62.1 1 (1 1.94%) Profit After Tax (PAT) 34.44 46.06 (25.23%) For the year ended March 31, 2026, Alicon reported total income of ` 1,784.47 Crore, registering a 3.52% year- on-year increase from ` 1,723.79 Crore in the previou
• Global Supply Chain Diversification: The India+1/ China+1 sourcing strategy is creating opportunities to expand business with global OEMs. • Capacity Expansion: Planned investments in a new manufacturing facility will support future business growth and execution of the existing order book. • Technology and Automation: Continued investments in automation, digital manufacturing and advanced machining are expected to
They have not completely peaked, but we expect them to peak by quarter three of this calendar year. Sir, the other question was, obviously, in our revenue growth, there is an element of aluminum price increases. So, while the revenue is higher, obviously, margins would be lower, but absolute EBITDA hopefully would be higher.
Responsible Sourcing and Supply Chain Sustainability Opportunity • Alicon Castalloy recognizes that responsible sourcing is essential to building a resilient supply chain, ensuring the availability of quality raw materials, and minimizing supply disruptions. • Sustainable procurement practices help meet evolving customer expectations, regulatory requirements, and ESG commitments across the automotive value chain. • S
is paid to any of the Non - Executive Directors. As approved by the members of the Company in their 32 nd Annual General Meeting held on September 27 , 2022, the Company has implemented the Alicon Castalloy Limited – Employees Stock Option Scheme (‘ESOS- 2022’). Accordingly, 3,00,000 Options were granted to eligible employees of the Company on April 07 , 2023 by Nomination and Remuneration Committee.
It continuously monitors geopolitical developments, assesses risks across its operating regions and maintains business continuity plans to minimise operational disruptions. Demand Slowdown Risk Economic slowdown, inflationary pressures and changing market conditions may affect demand across automotive and industrial sectors, impacting production volumes and revenue. The Company continues to diversify its customer bas
On the margin side, how do you see the receipt of that price increase from customers for the various cost inflation in coming quarters? How do you see the margin outlook for coming quarters and taking a two-year view, where do you want the margin to go back? If I talk FY28, FY29, how is the aspiration?
The Internal Auditors are invited to the meetings of the Audit Committee. Details of utilization of funds raised through preferential allotment/qualified institutional placement: During the year there was no issuance of equity shares of the Company under preferential allotment or qualified institutional placement. 67Annual Report 2025-26 Corporate Overview Statutory Reports Financial Statements PG 02 - 30 PG 31 - 130
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Evidence, freshness and limitations
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The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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