Alicon Castalloy reports robust revenue growth despite challenging market

Alicon Castalloy reported total revenue of ₹1,724 Crores for FY2024-25, marking a 10% year-on-year increase despite a 1% de-growth in the global automotive market. This growth was fueled by strong performance in the passenger vehicle and two-wheeler segments, which grew by 17% and 19% respectively. The company's EBITDA for the year was ₹198 Crores, a slight 1% decrease from the previous year, with a profit after tax of ₹46 Crores.

Strategic investments totaling ₹141 Crores were made in capital expenditure, the highest in over two decades, to expand production capacities and integrate advanced technologies like automation and robotics. The company also expanded its carbon-neutral technology portfolio, with electric vehicle (EV) and hybrid segments contributing 19% to revenue, up from 12% in FY2023-24.

The board of directors recommended a final dividend of ₹3/- per equity share, bringing the total dividend payout for FY2024-25 to 110% (₹5.50 per share). The company maintained financial stability, with a reaffirmed CRISIL 'A'/Positive credit rating for long-term facilities.