FOSECO INDIA LTD.

Foseco India's consolidated (primary) numbers for Q1 FY27 show revenue of ₹231.41 Cr, up 47.2% YoY and 14.6% QoQ, with PAT of ₹36.40 Cr, up 69.0% YoY and 8.7% QoQ. But this YoY comparison is not like-for-like: the current quarter fully consolidates Foseco Crucible (India) Ltd — formerly Morganite Crucible, acquired in FY26 — while the year-ago comparative is standalone-only (per the filing's own note 5, since the subsidiary wasn't yet part of the group). On a like-for-like standalone basis, the parent's own revenue grew a more modest 15.9% YoY to ₹182.28 Cr and PAT grew just 6.2% YoY to ₹22.86 Cr — and even that muted growth absorbed a ₹3.49 Cr one-off loss booked on the mandatory sale of Open Offer shares in the subsidiary (needed to keep the promoter's stake within SEBI's 75% ceiling); stripping that one-off, standalone PAT would have grown roughly 22% YoY. Margins expanded at the group level: consolidated operating margin (EBITDA excluding other income, over revenue) rose to roughly 23.0% from about 17.3% a year ago and about 21.6% in the preceding quarter, aided by the newly consolidated subsidiary's own record profitability (FCIL's standalone operating margin hit an all-time high near 37%). Net margin improved to 15.4% from 13.3% YoY but slipped slightly from 15.9% QoQ, as the effective tax rate rose to 27.4% this quarter versus about 23.2% in the preceding quarter — the tax drag is worth watching next quarter to see if it normalizes. There is no formal management guidance or prior concall on record for this name, and no analyst consensus/street preview could be found for the standalone entity (a web search surfaced only actual subsidiary-level reporting, not pre-quarter estimates), so vsGuidance and vsStreet are marked unknown rather than assumed. On corporate developments: the board approved acquiring Vesuvius India's Mehsana, Gujarat crucibles/stoppers/sleeves manufacturing facility for a lump-sum ₹43.25 Cr on the same day as results, extending the inorganic expansion theme already visible in this quarter's numbers; the company also completed the FCIL Open Offer share sale (₹11.99 Cr) in June and held its AGM. The results filing itself carries no separate management commentary or press release beyond the standard SEBI outcome letter, so there is no stated management framing to reconcile against the print. Going into Q2 FY27, the print sets up two things to track: whether the subsidiary's newly-consolidated ~23% group operating margin is sustainable once the FCIL purchase-price-allocation adjustments (goodwill revised to ₹409.12 Cr, measurement period runs to 11 November 2026) settle, and how quickly the Mehsana facility acquisition closes and starts contributing.

Foseco India Limited announced its Board of Directors has approved the acquisition of Vesuvius India Limited's (VIL) Mehsana Facility through a slump sale for ₹43.25 crore. The facility, located in Gujarat, manufactures crucibles, stoppers, and sleeves for the non-ferrous industrial sector. This acquisition is a related party transaction as both companies are part of the Vesuvius group. The deal aims to strengthen Foseco India's business by increasing scale, expanding its customer base, and enhancing operational coverage, building upon its recent acquisition of Morganite Crucible (India) Limited. The transaction has been approved by the Audit Committee and is conducted on an arm's length basis, supported by an independent valuation report.

Foseco India Ltd has announced that its Board of Directors will convene on Tuesday, August 11, 2026. The primary agenda item is to consider and approve the standalone and consolidated unaudited financial results for the quarter and half-year ended June 30, 2026. Concurrently, the company has declared a closure of the trading window for its securities. This closure will be effective from July 1, 2026, until August 13, 2026, inclusive. The trading window restriction applies to all designated persons and is in line with SEBI (Prohibition of Insider Trading) Regulations, 2015, to prevent potential insider trading during the financial results announcement period.

Foseco India Ltd has announced that its Board of Directors will convene on August 11, 2026. The primary agenda item is to consider and approve the standalone and consolidated unaudited financial results for the quarter and half-year ended June 30, 2026. Concurrently, the company has declared a trading window closure for its securities, effective from July 1, 2026, until August 13, 2026, inclusive. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, to prevent potential insider trading during the sensitive period leading up to the financial results announcement.

Foseco India Limited has successfully completed the sale of 99,081 equity shares, representing 1.77% of Foseco Crucible (India) Limited (FCIL), in multiple tranches via the open market. The aggregate consideration for this sale was approximately INR 11,99,72,779. This transaction was undertaken to enable FCIL to meet minimum public shareholding requirements as mandated by SEBI regulations, including SAST Regulations, SCRR, and LODR Regulations. Following the sale, Foseco India's shareholding in FCIL has reduced to 75.00%, and FCIL has now achieved the required public shareholding norms. The company confirmed the completion within the stipulated timeline and its commitment to transparency and regulatory compliance.

Foseco India Limited conducted its 69th Annual General Meeting (AGM) on June 10, 2026, entirely through Video Conferencing. The meeting, which lasted from 14:30 to 15:32 IST, was chaired by Mr. Ravi Kirpalani. Key management personnel and auditors attended virtually. The company provided a live webcast and will make the recording available on its website. Promoter shareholders, representing 63.54% of the equity, participated through authorized representatives. The company ensured compliance with listing regulations regarding the dissemination of the Annual Report and AGM notice.

Foseco India Ltd will hold its 69th Annual General Meeting on Wednesday, June 10, 2026, at 1430 Hours (IST) via Video Conferencing (VC) or Other Audio Visual Means (OAVM). The meeting will address the businesses mentioned in the AGM Notice, complying with the Companies Act, 2013, and SEBI (LODR) Regulations 2015. The AGM notice and Annual Report are available on the company's website and the websites of BSE and NSE. Shareholders are requested to update their email addresses with the RTA or DP.

Foseco India Limited has fixed Wednesday, June 3, 2026, as the record date to determine members' entitlement for the final dividend, subject to approval at the 69th Annual General Meeting (AGM) scheduled for Wednesday, June 10, 2026. If approved, the dividend will be paid/credited on or before Thursday, July 9, 2026.

Foseco India Ltd has announced that the record date for the payment of the final dividend, if approved at the Annual General Meeting (AGM), will be Wednesday, June 3, 2026. The 69th AGM will be held on June 10, 2026, via video conferencing to transact various business matters, including the adoption of financial statements and the declaration of a final dividend of ₹25 per share (250%) for the financial year ended December 31, 2025.

Foseco India Ltd will hold its 69th Annual General Meeting on June 10, 2026, via video conferencing. The meeting will address the adoption of audited financial statements for the year ended December 31, 2025, and the declaration of a final dividend of ₹25 per share (250%) on equity shares of ₹10 each. The agenda includes the re-appointment of directors Patrick Georges Felix André and Mark Russell Collis, and the re-appointment of Amitabha Mukhopadhyay as an Independent Director and Prasad Chavare as Managing Director and CEO.