Outcome of the 295th meeting of the Board of Directors of STEELCAST LIMITED held on 30th May, 2026, through Video Conferencing (VC) facility.
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Steelcast Limited's Board approved audited standalone financials for Q4 and FY ended March 2026. Net sales grew 13.3% to Rs. 42,317 Lakhs from Rs. 37,339 Lakhs. Profit after tax rose 20.3% to Rs. 8,686 Lakhs versus Rs. 7,220 Lakhs last year. Basic EPS stands at Rs. 8.58 (vs Rs. 7.13 restated post share split from Rs. 5 to Re. 1 face value). EBITDA margin expanded by ~1 percentage point to ~29.5%. The Board recommended a final dividend of Rs. 0.54 per share (54%) for FY2025-26, bringing total dividend for the year to Rs. 1.71 per share. Re-appointed Mr. Chetan M Tamboli as Chairman & Managing Director for 5 years from September 2026. Statutory auditors issued an unmodified opinion with no qualifications.
Strong financial performance with PAT growth exceeding 20% and margin expansion signals operational efficiency improvement. The dividend declaration and MD re-appointment indicate stable governance. Clean audit opinion supports financial reliability.