Simplex Castings Q1 FY27 Results (BSE: 513472)

· Analysis by Alpha Inflection

Signal: Steady quarter

The read

The operating inflection is a 34.8% YoY revenue increase to ₹6,094.69 lakh and a 229bps gross-margin expansion to 68.22%, but EBITDA grew only 25.8% to ₹11.57 crore versus revenue growth of 34.8%; this is a recovery with input-cost/mix benefits, not yet a demonstrated margin-scaled growth phase. The company also reports ₹21.00 crore of preferential-issue proceeds fully utilised for railway-bogie and power-sector working capital.

Simplex Castings Q1 FY27 key financials
MetricValueYoYQoQ
Revenue₹60.95 Cr34.8%+11.3%
EBIT₹10.6 Cr27.7%
EPS₹1.67-75.1%
EBIT margin19%

P&L walk

Standalone revenue increased to ₹6,094.69 lakh, up 34.8% YoY and 11.3% QoQ; gross margin expanded 229bps YoY to 68.22%, while EBITDA increased 25.8% YoY to ₹11.57 crore and margin was 19%, indicating that sales growth outpaced operating-profit growth.

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