Electrosteel Castings Limited — PPTs, 18-05-2026: Investor Presentation

Electrosteel Castings reported a challenging FY26, with consolidated Total Income at ₹5,918 Cr, a 19.2% YoY decline, and Net Profit plummeting 77.2% to ₹161 Cr. Q4FY26 mirrored this trend, showing Total Income of ₹1,493 Cr (-12.2% YoY) and Net Profit of ₹16 Cr (-90.5% YoY). The company attributed the dip to a slowdown in domestic demand impacting sales and profitability.

Despite recent headwinds, Electrosteel is strategically geared for India's water infrastructure boom. Key growth drivers include government flagship schemes like the Jal Jeevan Mission (JJM 2.0) and AMRUT 2.0, which promise robust demand for DI Pipes. In a notable development, the company acquired Italy-based T.I.S. Service S.p.A. in Q2FY26 for €11.50MN, expanding into valve manufacturing. T.I.S. also introduced a patented FR line, converting pressure dispersion into electricity, positioned as a future growth cornerstone. Management aims to double T.I.S.'s revenue by CY28, further enhancing its market presence through value-added offerings.