AMIC Forging Posts FY26 Margin Expansion And Phase One Commissioning

02 Jun 2026 CW Team

The managing director characterised FY26 as a year of base-building ahead of a multi-year transformation in FY27 and said profit before tax excluding other income, the preferred operating metric, rose fifty seven per cent for the year and sixty six per cent in H2. Existing assets ran at near-full utilisation, constraining volume growth and prompting deliberate front-loaded hiring that increased employee cost. Organisational readiness has been prioritised to support rapid ramp up on commissioning.

Management stated Phase One involves an integrated capital expenditure programme of about Rs 1.5 bn and will be activated in mid June, with costs already absorbed ahead of revenue contribution. Phase Two is under planning and is expected to include a 5,000 t open die hydraulic forging press to target aerospace, nuclear and defence segments. The plant is intended to lift machining capability and enable a higher-value product mix to sustain margin improvement.

Key converted numbers include H2 revenue of Rs 752 mn, H2 EBITDA of Rs 245.4 mn and H2 profit before tax excluding other income of Rs 225.3 mn. FY26 revenue was Rs 1,417.8 mn and FY26 EBITDA was Rs 427.6 mn; profit before tax excluding other income was Rs 386.9 mn and reported PBT and PAT were Rs 397.3 mn and Rs 282.8 mn respectively. Operating cash flow rose to Rs 98.5 mn, loans and advances increased to Rs 480 mn and employee cost rose 197 per cent. Phase One will lift forging to 40,000 t from 18,000 t, machining to 33,000 t from 8,400 t and add 48,000 t of ingot, creating headroom for FY27.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

AMIC Forging Limited reported strong second half and full year results, with H2 revenue up 30 per cent and H2 EBITDA up 52 per cent while FY26 revenue rose 17 per cent and EBITDA increased 53 per cent. EBITDA margin expanded by around nine hundred basis points year-on-year in both periods, supported by improved realisation, a richer machined-product mix and disciplined execution. Phase One of the integrated capacity expansion is on track for commissioning on 15 June 2026. The managing director characterised FY26 as a year of base-building ahead of a multi-year transformation in FY27 and said profit before tax excluding other income, the preferred operating metric, rose fifty seven per cent for the year and sixty six per cent in H2. Existing assets ran at near-full utilisation, constraining volume growth and prompting deliberate front-loaded hiring that increased employee cost. Organisational readiness has been prioritised to support rapid ramp up on commissioning. Management stated Phase One involves an integrated capital expenditure programme of about Rs 1.5 bn and will be activated in mid June, with costs already absorbed ahead of revenue contribution. Phase Two is under planning and is expected to include a 5,000 t open die hydraulic forging press to target aerospace, nuclear and defence segments. The plant is intended to lift machining capability and enable a higher-value product mix to sustain margin improvement. Key converted numbers include H2 revenue of Rs 752 mn, H2 EBITDA of Rs 245.4 mn and H2 profit before tax excluding other income of Rs 225.3 mn. FY26 revenue was Rs 1,417.8 mn and FY26 EBITDA was Rs 427.6 mn; profit before tax excluding other income was Rs 386.9 mn and reported PBT and PAT were Rs 397.3 mn and Rs 282.8 mn respectively. Operating cash flow rose to Rs 98.5 mn, loans and advances increased to Rs 480 mn and employee cost rose 197 per cent. Phase One will lift forging to 40,000 t from 18,000 t, machining to 33,000 t from 8,400 t and add 48,000 t of ingot, creating headroom for FY27.

Resources

24 Jun 2026

Maccaferri Appoints Vikramjiet Roy as Head of Global Sales Strategy

Officine Maccaferri, a global provider of civil and environmental engineering solutions, has appointed Vikramjiet Roy as Head of Global Sales Performance & Strategy as part of its efforts to strengthen commercial leadership and support its next phase of global growth.Roy will report directly to Group CEO Stefano Susani and will be responsible for strengthening the company's global commercial architecture, driving sales excellence initiatives, supporting strategic growth opportunities and enhancing integration across regions, business units and customer segments.Having previously led Maccaf..

Infrastructure Transport

24 Jun 2026

Kolkata Metro Expands Use of ABB Solutions Across Network

Kolkata Metro has strengthened its long-standing partnership with ABB by deploying advanced electrification and motion-control solutions across its expanding urban transit network to enhance operational efficiency, reliability and safety.The collaboration, spanning over 25 years, has supported the development of Kolkata Metro, India's first metro rail system, which today operates across a 72-km network with more than 300 train trips daily and serves over half a million passengers.ABB's technologies have been deployed across stations, tunnels and other critical infrastructure facilities through..

Products

24 Jun 2026

Benzoville Expands Portfolio of Luxury Cabinet Handles

Benzoville, a premium architectural hardware company, has strengthened its presence in India's luxury cabinet hardware segment with a portfolio comprising more than 53,000 cabinet handle designs sourced from leading international brands.The expanded offering comes amid growing demand for premium hardware solutions as architects, interior designers and homeowners increasingly view cabinet handles as key design elements rather than purely functional accessories.According to the company, the portfolio features products from globally recognised brands including Siro, Furnipart, Ferretto, Cosmov, C..