STEELCAS

What Steelcast promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 18 tracked 2 delivered 2 missed 14 open
  • Capacity Expansion Decision delivered said Q4 FY26 Promised: we will decide by end July. 26 Q1 FY27: Decision made on schedule. The Board approved a ₹120 crore investment for a new Greenfield Foundry before the end of July 2026.
  • FY26 Capacity Utilization missed said Q4 FY25 Promised: 59% (revised down from 62% during the call) Q1 FY27: FY26 target, no new updates as the period is over.
  • Sustainable EBITDA Margin revised up said Q4 FY25 Promised: 25-26% over a longer period of time Q1 FY27: Guidance for FY27 revised up to 28.5-29%, a significant increase from the 25-26% reiterated in Q4 FY26.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 18 tracked commitments for Steelcast — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens