{"id":43598,"date":"2025-11-17T17:39:16","date_gmt":"2025-11-17T12:09:16","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/11\/17\/thaai-casting-limited-records-inr-62-25-crore-consolidated-revenue-in-h1-fy26-with-16-yoy-growth\/"},"modified":"2025-11-17T17:39:16","modified_gmt":"2025-11-17T12:09:16","slug":"thaai-casting-limited-records-inr-62-25-crore-consolidated-revenue-in-h1-fy26-with-16-yoy-growth","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/11\/17\/thaai-casting-limited-records-inr-62-25-crore-consolidated-revenue-in-h1-fy26-with-16-yoy-growth\/","title":{"rendered":"Thaai Casting Limited Records INR 62.25 Crore Consolidated Revenue in H1 FY26 with 16% YoY Growth"},"content":{"rendered":"<div>\n<p><strong>Chennai (Tamil Nadu) [India], November 17:\u00a0 <\/strong>Thaai Casting Limited (NSE Emerge: TCL | INE0QJL01014), specialising in High Pressure Die Casting (HPDC), Induction Hardening and Gas Nitriding, Precision Machining of Ferrous and Non-Ferrous Materials, Gear Shaping, and Heavy Machining, has announced its unaudited financial results for H1 FY26.<\/p>\n<p><strong>Standalone Key Financial Highlights<\/strong><\/p>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\" width=\"30.316742081447963%\"><strong>Particulars\u00a0(\u20b9\u00a0In\u00a0Crore)<\/strong><\/td>\n<td valign=\"top\" width=\"23.227752639517345%\"><strong>H1 FY26<\/strong><\/td>\n<td valign=\"top\" width=\"23.227752639517345%\"><strong>H1\u00a0FY25<\/strong><\/td>\n<td valign=\"top\" width=\"23.227752639517345%\"><strong>YoYChange<\/strong><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"30.316742081447963%\">Revenue\u00a0from\u00a0Operations<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">52.01<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">47.76<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">8.89%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"30.316742081447963%\"><span dir=\"auto\">EBITDA<\/span><\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">12.67<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">12.53<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">1.16%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"30.316742081447963%\">EBITDA\u00a0Margin\u00a0(%)<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">24.37%<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">26.23%<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">(186.03\u00a0BPS)<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"30.316742081447963%\">Net\u00a0Profit<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">4.86<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">5.37<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">(9.56%)<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"30.316742081447963%\">Net\u00a0Profit\u00a0Margin\u00a0(%)<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">9.34%<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">11.24%<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">(190.38\u00a0BPS)<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"30.316742081447963%\">EPS\u00a0(\u20b9)<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">2.08<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">2.32<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">(10.34%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Consolidated Key Financial Highlights<\/strong><\/p>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\" width=\"30.316742081447963%\"><strong><span dir=\"auto\">Particulars\u00a0(\u20b9\u00a0In\u00a0Crore)<\/span><\/strong><\/td>\n<td valign=\"top\" width=\"23.227752639517345%\"><strong><span dir=\"auto\">H1 FY26<\/span><\/strong><\/td>\n<td valign=\"top\" width=\"23.227752639517345%\"><strong><span dir=\"auto\">H1\u00a0FY25<\/span><\/strong><\/td>\n<td valign=\"top\" width=\"23.227752639517345%\"><strong><span dir=\"auto\">YoYChange<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"30.316742081447963%\"><span dir=\"auto\">Revenue\u00a0from\u00a0Operations<\/span><\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">62.25<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">53.46<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">16.43%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"30.316742081447963%\"><span dir=\"auto\">EBITDA<\/span><\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">16.33<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">14.50<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">12.59%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"30.316742081447963%\"><span dir=\"auto\">EBITDA\u00a0Margin\u00a0(%)<\/span><\/td>\n<td valign=\"top\" width=\"23.227752639517345%\"><span dir=\"auto\">26.23%<\/span><\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">27.12%<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">(89.53\u00a0BPS)<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"30.316742081447963%\"><span dir=\"auto\">Net\u00a0Profit<\/span><\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">6.18<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\"><span dir=\"auto\">5.37<\/span><\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">14.93%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"30.316742081447963%\"><span dir=\"auto\">Net\u00a0Profit\u00a0Margin\u00a0(%)<\/span><\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">9.92%<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">10.05%<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">(12.95\u00a0BPS)<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\" width=\"30.316742081447963%\"><span dir=\"auto\">EPS\u00a0(\u20b9)<\/span><\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">2.65<\/td>\n<td valign=\"top\" width=\"23.227752639517345%\"><span dir=\"auto\">2.32<\/span><\/td>\n<td valign=\"top\" width=\"23.227752639517345%\">14.22%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Precision That Powers Progress<\/strong><\/p>\n<p>From vehicles on the road to machinery that drives industries, every component crafted at Thaai Casting reflects precision, innovation, and trust. The first half of FY26 continued to showcase this commitment \u2014 with new long-term contracts, capacity optimization, and diversification across critical manufacturing sectors.<\/p>\n<p>During\u00a0the period,\u00a0the\u00a0Company\u00a0secured\u00a0two\u00a0major\u00a0domestic\u00a0orders:<\/p>\n<ul>\n<li>\u20b9126.53 crore for the supply of various automotive and non-automotive components, to be executed over the next 60\u201380 months, and<\/li>\n<li>\u20b912.43\u00a0crore for building and\u00a0construction\u00a0hardware\u00a0components,\u00a0to be executed\u00a0over the\u00a0next\u00a036\u201348 months.<\/li>\n<\/ul>\n<p>These\u00a0orders enhance\u00a0Thaai\u00a0Casting\u2019s visibility and underline\u00a0its reliability as a trusted\u00a0precision engineering partner to leading OEMs and Tier-1 suppliers.<\/p>\n<p><strong>Strategic and Financial Highlights<\/strong><\/p>\n<ul>\n<li>H1 FY26 saw consistent operations with strong utilization of ~75\u201380% across casting and machining capacities.<\/li>\n<li>The\u00a0Company\u00a0continues\u00a0to strengthen\u00a0its core verticals\u00a0\u2014 High Pressure\u00a0Die Casting\u00a0(HPDC), Precision Machining (Ferrous &amp; Non-Ferrous), Induction Hardening, and Gas Nitriding.<\/li>\n<li>Thaai\u00a0Casting\u2019s\u00a0focus\u00a0remains\u00a0largely\u00a0domestic,\u00a0with\u00a0exports\u00a0planned\u00a0to\u00a0begin next\u00a0year.<\/li>\n<li>Capex\u00a0continues\u00a0to be strategically\u00a0deployed to enhance\u00a0automation,\u00a0expand\u00a0machining capacity,\u00a0and\u00a0strengthen backward integration.<\/li>\n<\/ul>\n<p><strong>Foundation for Future Growth<\/strong><\/p>\n<p>In September 2025, the Board of Directors approved the allotment of securities on a preferential basis as part of the Company\u2019s growth and capacity expansion plan:<\/p>\n<ul>\n<li>Equity\u00a0Shares:\u00a0Allotted\u00a012,11,837\u00a0Equity\u00a0Shares,\u00a0raising \u20b912,23,95,537.<\/li>\n<li>Convertible\u00a0Warrants:\u00a0Issued\u00a015,00,000\u00a0Convertible\u00a0Equity\u00a0Share\u00a0Warrants at\u00a0\u20b9101\u00a0per\u00a0warrant. The\u00a0Company received \u20b93.78 crore in the first tranche (25% of the total issue price), with the balance payable upon conversion within 18 months.<\/li>\n<li>Compulsorily Convertible Debentures (CCDs): Allotted 15,30,963 Unsecured 12% CCDs, raising \u20b915,46,27,263, each convertible into one equity shares within 18 months from allotment.<\/li>\n<li>Total\u00a0proceeds\u00a0raised:\u00a0\u20b931,48,97,800.<\/li>\n<li>This capital infusion\u00a0strengthens TCL\u2019s financial flexibility to support\u00a0capacity expansion, technology upgrades, and automation-driven efficiency improvements.<\/li>\n<\/ul>\n<p>Commenting on the performance, Mr. Anandan Sriramulu, Chairman and Managing Director of Thaai Casting Limited said \u201cEvery milestone we achieve is not just a business success\u2014it\u2019s a reflection of our purpose: to make Indian engineering globally respected for its precision, reliability, and strength. From our humble beginnings as a die-casting unit to becoming\u00a0a diversified engineering solutions\u00a0provider,\u00a0our journey\u00a0has been powered by trust, innovation, and perseverance.<\/p>\n<p>For consolidated H1 FY26, our revenue was \u20b962.25 crore, showing a 16.43% growth YoY. EBITDA increased 12.59% to \u20b916.33 crore, and Net Profit rose 14.93% to \u20b96.18 crore, reflecting steady operational performance and consistent profitability.<\/p>\n<p>As we continue to grow across new applications and industries, our focus remains unwavering\u2014creating components that power progress. The Company\u2019s long-term strategy focuses on achieving sustainable growth, adopting Industry 4.0 automation, and progressively moving toward carbon-neutral operations through renewable energy integration.\u201d<\/p>\n<h4><strong>About\u00a0Thaai\u00a0Casting\u00a0Limited<\/strong><\/h4>\n<p>Established in 2011, Thaai Casting Limited has evolved from a specialized die-casting unit into a comprehensive engineering solutions partner. The company\u2019s expertise spans High Pressure Die Casting (HPDC), Induction Hardening and Gas Nitriding, Precision Machining of Ferrous and Non-Ferrous Materials, Gear Shaping, and Heavy Machining \u2014 enabling it to deliver end-to-end solutions for diverse industrial requirements.<\/p>\n<p>Its portfolio includes engine and transmission parts, EV battery enclosures, steering assemblies, planetary gears, and windmill gearbox components \u2014 all mission-critical and performance-driven. Thaai Casting is certified under ISO\/IATF 16949:2016 and multiple global standards, ensuring the delivery of high-quality, reliable components for the automotive and renewable energy sectors.<\/p>\n<p>The company operates a state-of-the-art facility in Tamil Nadu, equipped with advanced CNC and VMC machining systems, SCADA-enabled processes, and one of India\u2019s largest gas nitriding furnaces. Trusted by leading OEMs and Tier-1 suppliers such as Hyundai, Kia, Maruti Suzuki, and Tata Motors, Thaai Casting is recognized as a preferred partner in precision manufacturing.<\/p>\n<p><strong>Disclaimer: <\/strong><em>Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Chennai (Tamil Nadu) [India], November 17:\u00a0 Thaai Casting Limited (NSE Emerge: TCL | INE0QJL01014), specialising in High Pressure Die Casting (HPDC), Induction Hardening and Gas Nitriding, Precision Machining of Ferrous and Non-Ferrous Materials, Gear Shaping, and Heavy Machining, has announced its unaudited financial results for H1 FY26. Standalone Key Financial Highlights Particulars\u00a0(\u20b9\u00a0In\u00a0Crore) H1 FY26 H1\u00a0FY25&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2025\/11\/17\/thaai-casting-limited-records-inr-62-25-crore-consolidated-revenue-in-h1-fy26-with-16-yoy-growth\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Thaai Casting Limited Records INR 62.25 Crore Consolidated Revenue in H1 FY26 with 16% YoY Growth&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":43599,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-43598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/43598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=43598"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/43598\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/43599"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=43598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=43598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=43598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}