Swastika Castal Ltd

Swastika Castal Ltd

BBSE:SWASTIKAAL
102.90
INR
-5.40
(-4.99%)
518.25MMarket Cap
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
28.11
29.2
27.74
36.16
42.56
- -
Basic EPS, GAAP
0.74
0.72
0.8
5.32
4.02
- -
Free Cash Flow per Basic Share
0.72
0.28
1.38
4.56
-15.87
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
8.33
9.05
9.84
13.07
31.7
31.7
Tangible Book Value per Share
8.33
9.05
9.84
13.07
31.7
31.7
Basic Weighted Avg Shares
8
8
8
8
8
8
Sales/Revenue/Turnover
229
238
226
295
347
- -
Operating Margin (%)
8.2
7.03
7.03
14.88
13.42
- -
Depreciation Expense
5
5
6
6
7
- -
Net Income, GAAP
6
6
6
43
33
- -
Effective Tax Rate (%)
25.19
30.37
30.11
26
28.01
- -
Profit Margin (%)
2.65
2.45
2.87
14.72
9.45
- -
Working Capital
26
31
36
38
145
145
LT Debt
33
36
37
19
18
18
Total Equity
68
74
80
107
259
259
Return on Invested Capital (%)
- -
6.33
5.81
27.27
11.87
- -
Return on Capital (%)
- -
7.75
7.88
28.01
13.85
- -
Return on Common Equity (%)
- -
8.24
8.43
46.45
17.96
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
72
67
86
LT Borrowings
19
6
18
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8
8
8
Market Capitalization
- -
590
518

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
212
297
289
Cash, Cash Equivalents & STI
9
25
26
Accounts Receivable, Net
107
132
134
Inventories
77
83
92
Total Current Liabilities
174
147
145
Payables & Accruals
- -
- -
- -
ST Debt
72
67
86
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
142.58%
Free Cash Flow
- -
- -
-448.12%
Net Income, GAAP
- -
- -
-24.46%
Sales/Revenue/Turnover
- -
- -
17.68%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
226
2025
- -
- -
295
2026
- -
188
347

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.8
2025
- -
- -
5.32
2026
- -
2.4
4.02

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Varun Aloke Sharda
Sector
Producer manufacturing
Industry
Metal fabrication
Address
Vadodara India
IPO Date
Jul 28, 2025
Business
Swastika Castal Ltd is an India-based engineering and manufacturing company specializing in high-precision aluminum castings and ready-to-use machined components for industrial applications. Founded in 1996 and headquartered in Vadodara, Gujarat, India, the company operates an integrated manufacturing facility in Karjan, Gujarat. Swastika Castal Ltd designs, develops, and manufactures complex aluminum casting solutions across three primary methodologies: sand casting for components weighing up to 250 kilograms; gravity die-casting (GDC) for components weighing up to 80 kilograms; and centrifugal casting for cylindrical and symmetrical parts weighing up to 70 kilograms. The company's comprehensive product portfolio includes critical aluminum components for gas-insulated switchgear (GIS) and air-insulated switchgear (AIS) applications, including high-voltage circuit breakers, disconnectors, busbar enclosures, terminal connectors, and transformer housings; automotive and railway components, including powertrain housings, brackets, suspension elements, motor casings, and structural supports; and specialized precision castings for oil and gas, industrial pump assemblies, textile machinery, and fire-fighting equipment. In addition to primary casting, the company provides end-to-end value-added processing and inspection services, comprising precision CNC milling, turning, and machining; specialized in-house heat treatment; advanced leak detection, including automated helium mass spectrometry, pneumatic, hydraulic, and burst pressure testing; non-destructive evaluation, including radiographic X-ray and ultrasonic testing; and advanced surface finishing treatments, including silver plating, copper thermal spraying, anodizing, and protective powder coating. Swastika Castal Ltd serves original equipment manufacturers (OEMs) and tier-one suppliers across the power transmission, electrical infrastructure, automotive, railway, and heavy engineering sectors across India, as well as export markets in the United States, Europe, and Japan. In recent developments, the company completed an initial public offering (IPO) on the BSE SME platform in July 2025, raising approximately INR 14.07 crore to fund capital expenditure and working capital requirements. Swastika Castal Ltd has deployed these proceeds to expand its Karjan manufacturing plant, construct new production facilities, install in-house multi-axis CNC machining centers to transition away from outsourced machining, and double its helium leak testing capacity to address rising production volumes in high-voltage electrical switchgear components.