ALPHA TRIBE

Simplex Castings LtdImportant, 11-02-2026: Company Update

11-02-2026 | 06:25 pm

Simplex Castings shared the transcript of its Q3 and 9M FY26 earnings conference call. The company reported a solid 9-month performance with revenue around 150 crores and a net profit of 15 crores, driven by strong demand in steel, railway, and EPC sectors. A key highlight was the successful 50.15 crores fundraise. This capital will be utilized, with approximately 25 crores for Capex to expand facilities and re-enter the railway bogies business, and the balance 25 crores for working capital. Simplex Castings' current quarterly order book stands above 100 crores, with new orders secured from BHEL and Mazgaon Dock. The company is confident of achieving its FY26 guidelines, focusing on diversified growth and improved cash flows.

No comments yet. Be the first to comment!

All announcements from Simplex Castings Ltd