KVS Castings Posts Strong H1 FY26; EBITDA, PAT Surge

Kashipur (Uttarakhand) [India], November 17:
KVS Castings Limited (BSE SME: KVSCASTING | INE163701019), a leading producer of high-quality ferrous castings, has announced its unaudited financial performance for the first half of FY26, reporting steady operational growth and robust profitability.

Financial Performance: H1 FY26 Overview

During H1 FY26, the Company recorded Revenue from Operations of ₹2,390.61 lakhs, reflecting a marginal increase of 3.17% compared to ₹2,317.15 lakhs in H1 FY25. Profitability metrics, however, showed a notable upswing owing to improved operational efficiencies and cost optimization initiatives.

• EBITDA grew by 40.99% YoY, rising to ₹549.21 lakhs from ₹389.53 lakhs last year.

• EBITDA Margin strengthened to 22.97%, up 616 basis points from the previous 16.81%.

• PAT surged 42.52% YoY to ₹369.42 lakhs, supported by a healthier project mix and enhanced manufacturing efficiencies.

• PAT Margin expanded to 15.45%, compared to 11.19% in H1 FY25.

• EPS stood at ₹2.68, up from ₹1.88, marking a 42.55% YoY increase.

Strategic and Operational Highlights

KVS Castings continued to strengthen its position across key industries, supported by capacity expansion, technological integration, and sectoral diversification.

Railway Sector Expansion:
The Company has deepened its involvement in India’s railway modernisation initiatives by introducing precision-engineered wagon components and structural steel solutions.

Defence Sector Advancement:
KVS Castings progressed its defence manufacturing capabilities with the production of 81mm artillery shells, reinforcing India’s indigenisation and self-reliance vision.

Facility Upgrade & Automation:
The planned upgrade of Unit-02 is underway, featuring advanced machinery and automation systems that will enhance monthly production capacity from 600 MT to 1,000 MT. This enhancement aims to improve precision, reduce manual intervention, and optimise cost structures.

Technological Adoption:
The Company continues to embrace industry-leading casting technologies, including CAD/CAM/CAE platforms and CNC/VMC machines, elevating its product precision and quality consistency.

Strengthening OEM Partnerships:
The Company is actively expanding and solidifying partnerships across automotive, railway, tractor, and defence OEMs, positioning itself to capture a greater share of manufacturing demand.

Management Commentary

Commenting on the Company’s performance, Mr. Arpan Jindal, Managing Director of KVS Castings Limited, stated:

“We are pleased to report a strong half-year performance in FY26, supported by disciplined execution and sustained customer trust. Our margins have significantly improved due to better operating leverage and efficient cost management. The ongoing upgrade of Unit-02 and our expansion into railway and defence are strategic steps toward long-term growth and diversification.”

He further added that the Company intends to utilise its IPO proceeds for capital expenditure and general corporate purposes to strengthen operational capabilities.

About KVS Castings Limited

KVS Castings Limited, part of the KVS Premier Group, is a trusted manufacturer of high-performance ferrous castings, specialising in Cast Iron and Ductile Iron components. The Company delivers comprehensive casting solutions, from design to finished components, serving industries such as automobiles, railways, heavy machinery, energy, infrastructure, and agriculture.

With a portfolio of over 150 precision-engineered components and certifications including IATF 16949:2016 and ISO 9001:2015, KVS Castings has established a strong reputation for quality, innovation, and engineering excellence. The Company is also approved by RDSO, underscoring its reliability in critical applications.

Disclaimer: Forward-looking statements in this release involve risks and uncertainties. Actual results may vary due to external factors. The Company assumes no obligation to update these statements.