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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Kalyani Cast-Tech Ltd reported strong H1 FY26 results with revenue from operations of ₹9,239.70 lakhs, up about 33% from ₹6,902.79 lakhs in H1 FY25. Standalone Profit After Tax rose to ₹952.52 lakhs (EPS of ₹13.27, up from ₹8.53), while consolidated PAT (after minority interest) came in at ₹958.60 lakhs with EPS of ₹13.35 versus ₹11.47 a year ago. The company carried out significant capacity expansion, with Property, Plant & Equipment more than doubling from ₹752.68 lakhs to ₹1,791.70 lakhs. However, operating cash flow turned sharply negative at -₹802.99 lakhs (standalone) and -₹346.77 lakhs (consolidated), driven by a steep jump in trade receivables (from ₹2,641 to ₹4,027 lakhs) and short-term loans and advances. Trade payables and other current liabilities also rose materially on a consolidated basis, and cash on hand fell to ₹148 lakhs from ₹1,158 lakhs.
Strong revenue and profit growth along with a clean (unmodified) auditor review report are positives for shareholders, but the negative operating cash flow and ballooning receivables may raise concerns about working-capital management and the cash quality of reported profits. Investors should watch whether the company can convert its higher sales into actual cash collections in coming quarters.