CASTROLIND Q4 FY26 Guidance vs Delivery (CASTROLIND Management Mirror)

Margins & Profitability

Management consistently guided to an EBITDA margin band of 21% to 24% from the Sep'25 Qtr through the Mar'26 Qtr. In the Sep'25 Qtr and Dec'25 Qtr, margin dilution from the faster-growing industrial segment was flagged, while in the Mar'26 Qtr, management noted short-term margin volatility due to geopolitical and raw material cost pressures before structurally recovering back to the target band. [Status: Reaffirmed]