This small-cap chemical stock, engaged in manufacturing and supplying foundry and metallurgical products, jumped 19 percent after the company reported March quarterly results with a 37 percent YOY increase in net profit.
With a market capitalization of Rs. 2,918.61 crores, the share of Foseco India Limited has reached an intraday high of Rs. 4,744 per equity share, rising nearly 18.90 percent from its previous day’s close price of Rs. 3,989.75. Since then, the stock has retreated and is currently trading at Rs. 4,570 per equity share.
Q1 FY25 Result Walkthrough
Coming into the quarterly results of Foseco India Limited, the company’s consolidated revenue from operations increased by 21.18 percent YOY, from Rs. 122.55 crore in Q1 FY24 to Rs. 148.51 crore in Q1 FY25, and grew by 8.83 percent QoQ from Rs. 136.46 crore in Q4 FY24.
In Q1 FY25, Foseco India Limited’s consolidated net profit increased by 36.81 percent YOY, reaching Rs. 21.67 crore compared to Rs. 15.84 crore during the same period last year. As compared to Q4 FY24, the net profit has increased by 10.90 percent, from Rs. 19.54 crore. The basic earnings per share increased by 36.76 percent and stood at Rs. 33.93 as against Rs. 24.81 recorded in the same quarter in the previous year, 2024.
In terms of return ratios, the company’s ROCE and ROE should be 31.1 percent and 23.2 percent, respectively. Foseco India Limited has an earnings per share (EPS) of Rs. 123, and its debt-to-equity ratio is 0.01x.
Foseco India Limited was established in 1958 and is a leading manufacturer of foundry chemicals, additives, and consumables primarily serving the metallurgical industry. The company specializes in products that enhance the physical properties and performance of castings, catering to iron, steel, and non-ferrous foundries across India
The company produces a wide variety of foundry consumables and equipment, including insulating and exothermic feeding systems, filters for liquid metals, coatings, environmentally friendly binders, lining systems for ladles and furnaces, inoculants, and crucibles. These products are designed to improve casting quality, reduce defects, and optimize production costs for foundries.
Foseco India, part of the global Foseco and Vesuvius group, operates within an extensive international network. The brand maintains manufacturing sites, sales offices, and technical centers across Asia, Europe, Africa, Australia, North America, and South America, supporting foundry and metallurgical industries worldwide.
Written By – Nikhil Naik
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