Board approves Rs 0.45 interim dividend, Q1 profit up 19 percent

Corporate Actions View source PDF Explain this filing

STEELCAS · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+4.8%Reaction day

₹305.35

prior close

₹307.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%+5.4% vs market

Castings & Forgings peers, median of 22sector-0.2%+5.0% vs sector

On the reaction day the stock moved 5.4 pts more than Nifty Microcap 250 and 5.0 pts more than its Castings & Forgings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.5

10m

-1.5

15m

-1.7

30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.8-0.6+5.4-0.2+5.0

Next day

+1.6+0.5+1.1-0.2+1.8

+6.4+1.9+4.5+0.6+5.8

+11.3+2.3+9.1+2.0+9.3

+11.0+3.6+7.4+1.7+9.3

+10.7+4.0+6.7+3.2+7.5

+9.7+4.0+5.7+4.5+5.2

15d

+17.6+4.9+12.7+3.9+13.6

+14.6+5.9+8.7+2.1+12.5

+23.2+4.8+18.4+9.5+13.6

+15.3pendingpending+0.2+15.1

UpDownMarket · Nifty Microcap 250Sector · Castings & Forgings peers, median of 22Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Steelcast board declared a first interim dividend of Rs 0.45 per share for FY 2026-27, record date 7 August 2026, payment by 28 August. Q1 standalone profit after tax rose 19 percent to Rs 23.71 crores versus Rs 19.88 crores, on total income up 17 percent at Rs 128.06 crores. Board also approved a greenfield foundry adding 8,500 tons capacity at Rs 120 crores via internal accruals, to be completed by March 2028.

Likely market impact

Strong Q1 earnings with profit up 19 percent, interim dividend reflects cash generation, and Rs 120 crore capacity expansion signals growth confidence.