Thaai Casting Limited — Investor Meet, 07-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Thaai Casting has announced a board meeting on the financial results for the quarter and half-year. The company reported H2 FY25 consolidated revenue of Rs. 68.75 Cr and EBITDA of Rs. 16.08 Cr; FY25 revenue stood at Rs. 122.21 Cr, EBITDA Rs. 30.5 Cr, and net profit Rs. 11.05 Cr. The order book is Rs. 520 Cr with execution over 60-80 months, driven by Rs. 126.53 Cr in automotive and Rs. 12.43 Cr in construction orders. Capacity of 4,500 MT die casting supports Rs. 240 Cr peak revenue, with nitriding and gear shaping expansions targeting Rs. 64-69 Cr from FY27. Ongoing CAPEX of Rs. 100 Cr is underway, mainly for gear shaping. Management expects 40% revenue growth by FY27 (~Rs. 230-240 Cr) with 23-25% EBITDA margins, debt up to Rs. 130 Cr, and plans 3 MW solar power to cut costs. Key clients include Hyundai, Kia, Maruti, and Tata, with 80-90% repeat orders. Utilization is set to hit full capacity by March 2026, plus pilot entries into defense and aerospace. The outlook is confident with focus on diversification and operational efficiency.