Creative Castings Ltd

Dematerialisation processing and listing

• Securities received for dematerialisation in quarter ended 30 June 2026 were confirmed to depositories as accepted or rejected.
• Securities in those certificates have been listed on the stock exchanges where the earlier issued securities are listed.
• Security certificates received for dematerialisation were mutilated and cancelled after due verification by the depository participant.
• Depository's name substituted in the register of members as registered owner within prescribed timelines.

Promoter group off-market gift transfers

• Purvi S Thanki disposed 22,889 promoter shares by off-market gift.
• Jignesh S Thanki acquired 11,444 shares by off-market gift; promoter and director.
• Pinak S Thanki acquired 11,445 promoter group shares by off-market gift.
• Transfers are inter-se within promoter group; no external counterparty.

Internal auditor

• Re-appointed M/s. Subhash Akbari & Co., Chartered Accountants, as internal auditor.
• Effective date: May 16, 2026; term: financial year 2026-27.
• Reason: continuation of internal audit arrangements under Section 138.
• Firm is based in Junagadh and holds FRN 124349W.

Board meeting outcome

• Board approved audited standalone financial results for year ended March 31, 2026.
• Board approved audited financial statements for year ended March 31, 2026.
• Audit Committee reviewed and recommended the audited results before board approval.
• Board adopted the annual secretarial compliance report for FY 2025-26.

Board Meeting

• Held on May 16, 2026.
• Approved audited standalone financial results for quarter and year ended March 31, 2026.
• Approved audited financial statements for year ended March 31, 2026.
• Adopted annual secretarial compliance report for FY2025-26.
• Approved related party transactions, subject to applicable limits and approvals.

Appointments

• Re-appointed M/s. Subhash Akbari & Co. as internal auditor for FY2026-27.
• Appointment was approved for the financial year 2026-27.

FY26 standalone results

• 📊 Revenue from operations rose 10.9% YoY to ₹4,827.51 lakh.
• 📊 Total income increased 11.7% YoY to ₹4,985.28 lakh.
• 📊 PBT rose 18.2% YoY to ₹628.51 lakh.
• 📊 PAT increased 20.8% YoY to ₹437.05 lakh.
• 📊 FY26 basic and diluted EPS were ₹33.62, versus ₹27.92 last year.

Quarterly performance

• 📊 Q4 FY26 revenue from operations was ₹1,142.73 lakh, up 7.5% YoY.
• 📊 Q4 FY26 total income was ₹1,181.99 lakh, up 8.3% YoY.
• 📊 Q4 FY26 PBT was ₹175.47 lakh, up 31.8% YoY.
• 📊 Q4 FY26 PAT was ₹101.98 lakh, versus ₹104.65 lakh last year.
• 📊 Q4 FY26 basic and diluted EPS were ₹7.84, versus ₹8.05 last year.

Costs and margins

• 📊 FY26 material consumed was ₹1,685.33 lakh, down from ₹1,725.69 lakh.
• 📊 FY26 employee expense was ₹518.40 lakh, up from ₹505.12 lakh.
• 📊 FY26 other expenses rose to ₹2,073.24 lakh from ₹1,892.70 lakh.
• 📊 FY26 finance cost remained low at ₹1.48 lakh.
• 📊 Q4 FY26 inventory change was a negative ₹248.52 lakh.

Segments

• 📊 Castings contributed ₹4,859.76 lakh of FY26 segment revenue.
• 📊 Wind turbine power generation contributed ₹119.56 lakh of FY26 segment revenue.
• 📊 Castings segment profit was ₹575.59 lakh in FY26.
• 📊 Wind turbine power generation segment profit was ₹48.44 lakh in FY26.

Balance sheet and cash

• 📊 Cash and cash equivalents rose to ₹150.65 lakh at FY26-end from ₹32.75 lakh.
• 📊 Net cash from operating activities was ₹864.04 lakh in FY26.
• 🧱 FY26 capex on property, plant and equipment was ₹126.51 lakh.
• 📊 Total assets increased to ₹5,463.73 lakh from ₹4,771.87 lakh.
• 📊 Total equity and liabilities also increased to ₹5,463.73 lakh from ₹4,771.87 lakh.

Board actions

• 📍 Board approved audited standalone FY26 results and financial statements on May 16, 2026.
• 📍 M/s. Subhash Akbari & Co. was re-appointed internal auditor for FY27.
• 📍 Related party transactions, including recurring transactions, were approved subject to applicable limits.

Audit opinion

• 🗒️ Statutory auditors issued an unmodified opinion on the standalone FY26 results.

Business

• 🏭 Creative Castings manufactures steel and alloy steel investment castings.
• 🏭 The company also has a wind turbine power generation segment.
• 🏭 Results are standalone; the company reported no subsidiary, associate, or joint venture.

Financial results approved

• Approved audited standalone results for quarter and year ended 31 March 2026.
• Approved standalone audited financial statements, assets and liabilities, segment information, and cash flow statement.
• Consolidated results were not applicable, as the company had no subsidiary, associate, or joint venture.

Board decisions

• Adopted the annual secretarial compliance report for year ended 31 March 2026.
• Approved related party transactions, including recurring transactions, subject to applicable limits and approvals.

Internal auditor

• Re-appointed M/s. Subhash Akbari & Co. as internal auditor for financial year 2026-27.
• Re-appointment is effective 16 May 2026.

Auditor remarks

• Statutory auditors issued an unmodified opinion on the audited standalone financial results.

Financial Performance 📊

• Q3 FY26 revenue from operations rose 16.2% YoY to ₹1,471.01 lakh; 9M revenue increased 12.1% YoY to ₹3,684.78 lakh.
• Q3 FY26 EBITDA was ₹214.57 lakh, up 38.6% YoY; 9M EBITDA grew 13.6% YoY to ₹453.04 lakh.
• Q3 FY26 PAT stood at ₹157.22 lakh, a 167.2% YoY increase; 9M PAT rose 29.7% YoY to ₹335.07 lakh.
• EPS (basic and diluted) for Q3 FY26 was ₹12.09, up from ₹7.99 in Q3 FY25; 9M EPS was ₹25.77 vs ₹19.87 YoY.
• Finance costs were ₹0.28 lakh for Q3 FY26.

Segment Performance

• Q3 FY26 segment revenue: Casting ₹1,487.64 lakh (+76% YoY), Wind Turbine Power Generation ₹19.55 lakh (-44% YoY).
• Q3 FY26 segment profit before tax and finance cost: Casting ₹212.52 lakh (+123% YoY), Wind Turbine ₹2.03 lakh (-88% YoY).

Balance Sheet & Audit

• Total segment assets as of Dec 31, 2025, were ₹5,085.37 lakh; liabilities stood at ₹614.07 lakh.
• Statutory auditors completed limited review with no material misstatements identified.

Business Model & Segments

• The company operates in two segments: Castings and Wind Turbine Power Generation.