Alicon Castalloy Ltd
Alicon Castalloy manufactures aluminium castings including cylinder heads, support brackets, intake manifolds, crankshafts, and engine brackets for the auto industry. It has a presence in 18 countries and is a part of Alicon Group. The co. was established as Enkei Castalloy Ltd, a joint venture between Pegasus Castalloy Ltd and Enkei Corporation (now Alicon Castalloy), in Japan; one of the largest manufacturers of alloy wheels in the world. [1] [2] [3]
Strengths
- +Company has been maintaining a healthy dividend payout of 20.0%
Weaknesses
- −Company has a low return on equity of 7.64% over last 3 years.
Shareholding Pattern
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 55.2% | 54.18%▼1.0 | 54.18% | 54.26%▲0.1 | 54.01%▼0.3 | 54.01% | 54.01% | 54.01% |
| FIIs | 0.76% | 0.89%▲0.1 | 0.46%▼0.4 | 0.25%▼0.2 | 0.16%▼0.1 | 0.21%▲0.0 | 0.18%▼0.0 | 0.2%▲0.0 |
| DIIs | 9.16% | 11.38%▲2.2 | 11.59%▲0.2 | 11.93%▲0.3 | 11.89%▼0.0 | 11.92%▲0.0 | 11.49%▼0.4 | 11.53%▲0.0 |
| Public | 34.87% | 33.55%▼1.3 | 33.76%▲0.2 | 33.54%▼0.2 | 33.93%▲0.4 | 33.86%▼0.1 | 34.3%▲0.4 | 34.26%▼0.0 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 353.66 | 360.2 | 378.13 | 412.43 | 354.58 | 380.74 | 388.32 | 391.51 | 406.26 | 471.75 |
| Expenses | 308.12 | 313.26 | 327.83 | 361.55 | 325.02 | 335.87 | 341.27 | 342.86 | 359.2 | 428.02 |
| Operating Profit | 45.54 | 46.94 | 50.3 | 50.88 | 29.56 | 44.87 | 47.05 | 48.65 | 47.06 | 43.73 |
| OPM % | 12.88% | 13.03% | 13.3% | 12.34% | 8.34% | 11.78% | 12.12% | 12.43% | 11.58% | 9.27% |
| Net Profit | 12.75 | 12.86 | 15.16 | 14.44 | -1.06 | 9.4 | 8.97 | 10.52 | 6.31 | 7.06 |
| EPS ₹ | 7.91 | 7.98 | 9.32 | 8.88 | -0.65 | 5.78 | 5.49 | 6.44 | 3.86 | 4.32 |
AI Insights
Mar 2026 revenue at ₹1,661Cr, up 8.8% YoY. OPM at 11%.
Borrowings at ₹321Cr. Debt-to-equity ratio: 0.57x. Moderate leverage.
CWIP at ₹52Cr (9% of fixed assets). Moderate ongoing capital expenditure.
DIIs: 11.53% (+3.02pp change). FIIs: 0.2% (+0.11pp change). Promoters hold 54.01%.
ROCE declining from 20% (Mar 2015) to 11% (Mar 2026). Working capital days: 8.
PE 28.1x with 10.5% ROCE. Price is 84% above book value of ₹350. Dividend yield: 0.84%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 1d
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 13 May - Audio of analysts conference call for Q4 and FY26 audited results uploaded on 13 May 2026.
- Announcement under Regulation 30 (LODR)-Investor Presentation 13 May
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 13 May - Alicon Castalloy reported Q4 FY26 results, FY26 PAT Rs 34.4 crore, and declared Rs 2 dividend.
- Record Date For Interim Dividend 12 May
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse