Electrosteel Castings Limited (ECL) has released an investor presentation detailing its financial performance for the third quarter (Q3) and the first nine months (9M) of the fiscal year 2026 (FY26). The presentation, shared on February 6, 2026, covers both consolidated and standalone financial results. For Q3 FY26, consolidated total income stood at ₹1,526 Crores, a decrease of 16.1% year-on-year, attributed partly to a temporary slowdown in Jal Jeevan Mission (JJM) funding. EBITDA for the quarter was ₹88 Crores, with an EBITDA margin of 5.8%. Profit After Tax (PAT) for the quarter was a loss of ₹22 Crores, compared to a profit of ₹160 Crores in Q3 FY25. On a standalone basis, total income for Q3 FY26 was ₹1,290 Crores. EBITDA stood at ₹83 Crores, with an EBITDA margin of 6.4%. The standalone PAT for the quarter was a loss of ₹20 Crores, down from a profit of ₹157 Crores in the same period last year. The presentation also highlighted the company's strategic initiatives, including the acquisition of Italy-based T.I.S. Service S.p.A., a valve manufacturer, which is expected to bolster its water infrastructure presence and create synergy benefits. ECL emphasized its strong foundation in the Indian market with a capacity of 9 Lakh TPA and a global presence exporting to over 130 countries. The company also touched upon the growing demand for water infrastructure in India, driven by government schemes like JJM and AMRUT 2.0, and the potential of interlinking rivers projects. Financial highlights for the year ended FY25 showed a revenue of ₹7,443 Crores, EBITDA of ₹1,159 Crores, and PAT of ₹710 Crores. The company maintained strong credit ratings from India Ratings (AA Stable) and CRISIL (AA Negative). The presentation also showcased various key projects undertaken by the company for clients like ISRO, Boeing, and Doha Metro.
