FY27 Revenue Target: Rs 300 crores
Management reiterated confidence in achieving Rs 300 crores FY27 target based on current order book of Rs 150 crores plus pipeline, having already delivered Rs 60.94 crores in Q1.
SIMPLEXCASTINGS / guidance tracker
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Simplex Castings · forward-looking guidance across the available source record.
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revenue
FY28 Revenue Target: Rs 500 crores
Company targets Rs 500 crores by FY28 through railways (100+ crores), power sector fabrication (100 crores), defense/shipbuilding (10-15%), and organic/inorganic growth—funded through internal accruals without additional capital raise.
Working Capital Days: 60-70 by FY28
Targeting reduction from current ~120 days to 60-70 days by FY28-end through faster-moving railway products (30-45 day cycle), RXIL invoice discounting (30-35 days), and product mix optimization.
Capacity Utilization: 80% by FY28-end
Current capacity utilization of 50-60% expected to reach 80% by end of FY28 through debottlenecking, CNC machines, conveyor/cranes addition, and selective brownfield expansion.
FY26 Revenue Target: 200+ crore
9M already at ~150 crore with Q4 expected to exceed prior year Q4's 67 crore run rate, putting full-year guidance within reach.
Railway to Reach 20-25% Revenue Mix by FY27
Management targets near-zero railway contribution in FY26 ramping to 20-25% by FY27 through fabricated and casted bogies, pending RDSO clearance for casted bogies.
Sustained 10% PAT Margin with 40-50% CAGR Over 3 Years
Management targets 40-50% revenue CAGR while maintaining 10% PAT margin through focus on higher-margin credential-based orders and value-chain upgradation (machined castings, assemblies).
Working Capital Cycle: 30-45 Days for New Products
Targeting 30-45 day working capital cycles for railway and power sector products vs. 60-75 days for steel; blended average expected under 90 days within 2 years.