New Delhi: KVS Castings, a Kashipur, Uttarakhand-based casting solutions provider, has reported a 3.71% revenue growth to Rs.2,390 lakh from last year, with its Profits After Tax (PAT) increasing to 42.5% YoY from last year, backed by improved operational efficiency and an expanded project mix.
The company continues to expand into other high-potential growth sectors, including railway wagon components and now with the production of 81mm artillery shells for the military.
To further increase production capacity, the company is upgrading its Unit- 2 facility to increase production to 1,000 metric tons, using advanced automation technologies like CAD/CAM/CAE tools and CNC/VMC machines.
The company also aims to deepen its partnerships with leading Original Equipment Manufacturers (OEMs) across the railway, tractor, automotive and defence sectors to further expand its reach. The company had raised Rs.21.5 crore through its IPO in September, with the aim of deploying the proceeds to expand its reach further.
Commenting on the company’s performance in H1 FY26, Mr. Arpan Jindal, Managing Director of KVS Castings Limited, said:
“We are pleased to report a strong half-year performance in FY26, driven by consistent execution, operational discipline, and our customer-centric approach.
During H1 FY26, our consolidated revenue stood at ₹2,390.61 lakhs. Our EBITDA rose 40.99% YoY to ₹549.21 lakhs, with margins expanding to 22.97%, underscoring improved operating leverage and cost efficiencies. PAT increased by 42.52% YoY to ₹369.42 lakhs, translating into a PAT margin of 15.45%, supported by an enhanced project mix and improved manufacturing efficiency.
We are now advancing into our next growth phase with the planned upgrade of Unit-02 to enhance capacity, automation, and precision through advanced casting technologies. Our strategic entry into the railway and defence sectors marks an important step toward diversification and aligns with India’s self-reliance vision.
The net proceeds from our IPO will be deployed toward capital expenditure and general corporate purposes, further strengthening our operational capabilities. We remain focused on driving sustainable growth through innovation, efficiency, and deeper partnerships with OEMs across key industries.”
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investing in stocks includes financial risks, and past performance is not indicative of future results. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.
