Foseco India builds scale and margins as the foundry cycle stays supportive

Foseco India provides foundry consumables, equipment and technical support to optimize casting processes across ferrous and non-ferrous foundries, including coatings, feeding systems, binders, filters, metal treatment products and crucibles.

The presentation reports consolidated CY25 revenue of INR 643.4 crore, EBITDA of INR 140.8 crore (21.9% margin), and PBT of INR 127.3 crore (19.8% margin), excluding exceptional items.

The company acquired 75% of Morganite Crucible India Limited (renamed Foseco Crucible India Limited). The stated rationale includes higher exposure to the non-ferrous crucibles segment, manufacturing and procurement synergies, cross-selling, and access to advanced materials R&D.

Foseco India plans to acquire the Mehsana (Gujarat) manufacturing facility from Vesuvius India Limited via slump sale for INR 43.25 crore. The presentation states expected completion by 31 December 2026, subject to GIDC sub-lease approval and other regulatory approvals.

The presentation lists customer segments including farm tractors, automotive, railways and marine, general engineering, construction and mining, and water, oil and gas and process industries, with additional mention of thermal, wind and renewable energy equipment demand for precision castings.

The presentation states a net zero carbon target by 2050 and reports reductions versus a 2019 baseline: CO2 emissions targeted down 20% by 2025 with actual reduction of 55%, solid waste targeted down 25% with actual reduction of 60%, and recycled raw materials targeted above 7% with actuals of 11.89%.