Simplex Castings Ltd — Important, 28-05-2026: Company Update

Simplex Castings announced robust FY26 results, with revenue from operations climbing 18% year-on-year to ₹202.90 Cr. Profit After Tax surged by 40% to ₹21.26 Cr, reflecting strong financial performance. The company significantly reduced its long-term borrowings by 48% to ₹14.89 Cr and cut short-term debt to ₹35.28 Cr. Key operational wins include securing RDSO approval for railway components, marking its re-entry into the railway wagon segment. Simplex Castings also secured new orders from ThyssenKrupp, BHEL, and SMS India, reinforcing its market position and growth trajectory, targeting ₹500 Cr revenue by FY28.