Alicon Castalloy share price today

Alicon Castalloy Ltd's share price was ₹854.35 at the close on 4 November 2026. It has been rising for 4 weeks. That is 14.1% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹611 and ₹906, and at that close it sat 82% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Alicon Castalloy Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 14 weeks in a row.

Over the last 11 years the share price moved +223% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: highest quarterly revenue in 15 quarters and operating margin down 3 points on a year earlier.

1. Highest quarterly revenue in 15 quarters

   Revenue of ₹578 crore in the June 2026 quarter is the highest of the last 15 quarters.

   Why: Revenue was the highest in 15 quarters because commercial vehicle work grew strongly as programs the company took over started making parts.

   From the earnings call on 14 Aug 2026.

2. Operating margin down 3 points on a year earlier

   9% in the June 2026 quarter, from 12%.

   Why: Operating margin fell because metal costs rose and the company gets that money back from customers only later, and because staff and freight cost recoveries waited on customer approvals.

   Next results: check whether customer approvals and productivity steps help operating margin recover from 9%.

   From the earnings call on 14 Aug 2026.

For April to June 2026 (the quarter ended 30 June 2026), Alicon Castalloy reported revenue of ₹578 crore, up 38.3% from ₹418 crore a year earlier, and a profit of ₹11.0 crore, up 22.2% from ₹9.00 crore.

Alicon Castalloy results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Alicon Castalloy's management discussed these results on a call held on 14 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Alicon Castalloy closed at ₹854.35 on 4 November 2026, down 5.7% from ₹906.10 a year earlier (7 November 2025) and up 11.1% over five years. Its highest weekly close since March 2016 was ₹1,485.70 on 13 September 2024.

Alicon Castalloy share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

560 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Alicon Castalloy closed at ₹854.35, up 1.7% on the week and down 2.3% on the month. 21 Sep 2026: ex-date for a dividend of ₹3 a share.

Earlier

• 14 Aug 2026: Alicon Castalloy held its results call for April to June 2026. Management guided: FY27 underlying growth 12-15% ex material inflation, with a similar rate indicated for the following 3 years; CFO prepared remarks cited 8-10%, an explicit discrepancy.
• Results for April to June 2026: Revenue up 38.3% and profit up 22.2% on a year earlier.
• 19 May 2026: ex-date for an interim dividend of ₹2 a share.

Alicon Castalloy paid ₹5 a share in regular dividends in the 12 months to 5 November 2026 (2 payments), a yield of 0.59% at the ₹854.35 close on 4 November 2026. The last was a dividend of ₹3 a share, ex-date 21 September 2026.

Alicon Castalloy dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Alicon Castalloy Ltd paid out 24% of its profit as dividends in FY26, and it paid a dividend in 12 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 14 August 2026, Alicon Castalloy's management guided: FY27 underlying growth 12-15% ex material inflation, with a similar rate indicated for the following 3 years; CFO prepared remarks cited 8-10%, an explicit discrepancy.

“Our philosophy is now very clear. We will invest behind visible demand, but we will also build capacity ahead of the growth curve where we have strong customer visibility.”Sumit Bhatnagar, on the call for April to June 2026

What management guided

• FY27 operating margin improvement of at least 1%.
• FY27 capital spending approximately ₹150 crore, including around ₹70 crore for Shikrapur, phased over 2-3 years and funded primarily by internal accruals.
• Shikrapur SOP by March 2027; annual revenue around ₹500 crore over 4-5 years, with tonnage starting at 3,000 and scaling to 7,000.
• International program outlook: European growth may stay soft for one or more quarters before reversing from January to March 2027; JLR e-axle dispatches are 600 sets per week, peak expected by Q3 CY26 and higher volume from January 2027.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 14 August 2026.

When Alicon Castalloy reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Underlying growth versus the raised full-year range, including whether strong domestic execution persists after Q1.

Alicon Castalloy is on 2 of our India lists: Momentum stocks and Breakout stocks.

Alicon Castalloy Ltd earned ₹11.0 Cr of net profit in the Jun 2026 quarter, +22.2% on the same quarter a year earlier. Full-year FY26 profit was ₹34.0 Cr. Over 10 years profit has grown 4.4% a year on average. That is 1.9% of the quarter's revenue. The same quarter a year earlier earned ₹9.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹34.0 Cr (−26.1% on the year before).

Why profit moved: revenue changed +38.3% on a year earlier and the margin moved −3.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +48.4% and revenue +14.2%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Alicon Castalloy Ltd reported ₹578 Cr of revenue in the Jun 2026 quarter, +38.3% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown 9.0% a year on average. The last full year, FY26, came in at ₹1,776 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,931 Cr.

FY26 revenue was ₹1,776 Cr, +3.3% on the year before.

Recent pace: the last four quarters grew +14.2% on average, against 9.0% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +13.7%, against +8.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +0.0%, against −29.3% a year (accelerating).

Alicon Castalloy Ltd's operating margin was 9.0% in the Jun 2026 quarter, 3.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 10.0% and 13.0%. The latest quarter is below every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −2.4 percentage points on the year while gross margin changed −6.7 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 426% of Alicon Castalloy Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹239 Cr of operating cash against ₹34.0 Cr of profit. After ₹164 Cr of spending on assets, ₹75.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 426% of profit came in as cash: the cash cycle got 73 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 1.8× depreciation over three years. The next section checks what that spending is building.

Alicon Castalloy Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 37 days in FY26, down from 110 days in FY21. It spent ₹489 Cr on assets over the last 3 years. Customers take 110 days to pay, and stock sits for 62 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,776 Cr, each day of that cycle ties up about ₹4.9 Cr, so roughly ₹180 Cr is tied up in the business at any time.

FY26: customers took 110 days to pay and stock sat for 62 days, about 2.0 months of sales sitting as stock, for a full cycle of 37 days, shorter than FY21's 110.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 62 days. Customers pay about 110 days after that. Suppliers are paid at 135 days. Together that makes the 37-day cycle.

Spending on assets: ₹489 Cr over the last 3 years, against ₹275 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹77.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Alicon Castalloy Ltd's P/E is 37.8×, near the high end of its own history: higher than 94% of past readings. Its usual P/E (the middle reading) is 25.9×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹22.36.