StockWatch
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Castings & Forgings
Quarterly Result12 Nov 2026, 08:02 pm

Amic Forging H1 FY27 Revenue Up 47% to ₹9,779.38 Lacs

AI Summary

Amic Forging reported strong H1 FY27 results with revenue surging 46.9% YoY to ₹9,779.38 Lacs (₹97.79 Crore). EBITDA and PAT also saw significant growth of 44.5% and 55.3% YoY, respectively. The company attributed revenue growth to its partially expanded machining division. Employee costs rose 142% due to investment in talent. Debtors increased due to the new machining division going live, with a 90-day cycle expected to normalize. Cash Flow from Operations (CFO) was negative primarily due to increased debtors. The company is investing ₹58 crore (₹5800 Lakhs) in Phase 1 expansion for forging and machining capacity, expected to go live by Q4 FY27.

Key Highlights

  • H1 FY27 revenue increased by 46.9% YoY to ₹9,779.38 Lacs.
  • EBITDA and PAT grew by 44.5% and 55.3% YoY respectively.
  • Machining division expansion contributed to revenue growth.
  • Significant investment of ₹58 crore in Phase 1 capacity expansion.
  • Employee costs increased by 142% due to talent investment.