Financial Performance Highlights

H2 FY26 Performance (in ₹ Lakhs)

  • Revenue from operations: ₹9,399.04 (vs ₹5,525.06 in H2 FY25)
  • Other income: ₹27.73 (vs ₹3.99 in H2 FY25)
  • Total income: ₹9,426.77, representing 70% growth year-over-year
  • Total expenditure: ₹8,755.18
  • EBITDA: ₹671.59, representing 61% growth year-over-year
  • Finance costs: ₹28.44
  • Depreciation: ₹24.76
  • Prior period item: (₹12.18)
  • PBT: ₹630.57, representing 67% growth year-over-year
  • Tax: ₹162.81
  • PAT: ₹467.76, representing 65% growth year-over-year

Full Year FY26 Performance (in ₹ Lakhs)

  • Revenue: ₹17,479.34 (vs ₹8,556.01 in FY25)
  • Other income: ₹37.80 (vs ₹4.06 in FY25)
  • Total income: ₹17,517.14
  • Raw materials: ₹15,184.56
  • Employees cost: ₹413.35
  • Other expenses: ₹625.05
  • Total expenditure: ₹16,222.96
  • EBITDA: ₹1,294.18
  • Finance costs: ₹86.48
  • Depreciation: ₹46.34
  • Prior period item: (₹11.21)
  • PBT: ₹1,172.57
  • Tax: ₹295.80
  • PAT: ₹876.77, representing 92% growth from ₹455.75 in FY25

Business Overview and Strategy

K.V. Toys India Limited is building India's next-generation 'House of Play' through innovative and curiosity-driven products. The company has evolved from KV Impex (established 2009) into a brand-led company across toys, stationery, educational play, and recreational products.

The company is transitioning from traditional toy trading to brand ownership through its proprietary brand platform QUCO (A Qurious Company), focusing on consumer-first, D2C-focused play brands.

Growth Strategy

The company's growth strategy focuses on:

1. Building broader, scalable 'House of Play' ecosystem across toys, stationery, gifting, and soft toys

2. Export scale-up through global distribution partnerships and building India-made global toy brands

3. Targeting regulated export markets with certified products

Strategic Expansion Initiatives

The company has undertaken three strategic expansion initiatives:

1. Crayonix Stationery Private Limited - Focus on stationery and gifting products, supporting expansion into school, creative, and educational categories

2. Indo Manufacturers LLP - Focused on backward integration and strengthening manufacturing capabilities to improve operational flexibility and supply chain efficiency. Commencement of operations from May 2026.

3. Just Bear Private Limited - Strategic investment in the soft toys and plush products segment to strengthen presence across modern childhood and lifestyle-led play categories.

Product Portfolio

The company maintains a diverse product portfolio across multiple categories:

  • Toy guns (safe friction, soft bullet, light-and-sound)
  • Vehicles (friction-powered cars, battery-operated space cars, airplanes, helicopters, fighter jets, sports cars, remote-controlled off-road vehicles)
  • Dolls (fashion dolls, baby dolls, character-based dolls with accessories)
  • Impulse stationery (creative and play-led stationery products)
  • Bubbles (bubble-making toys and accessories)
  • Educational & learning toys
  • DIY toys
  • Fishing toys
  • Back to school stationery
  • Sports & other toys

Manufacturing and Operations

The company operates through a network of 16 OEM partners with 100% of partner capacity dedicated to KV Toys. Manufacturing capabilities include injection moulding, laser cutting, UV printing, and pad printing.

Certifications and Compliance

The company holds multiple certifications demonstrating commitment to quality and safety:

  • SEDEX certified
  • ISI certified
  • BIS certified
  • EN71 certified
  • Disney certified

Market Position and Distribution

The company serves both general trade (₹820.647 lakhs in FY26) and modern trade (₹927.288 lakhs in FY26) channels. The presentation highlights rising organized retail and e-commerce driven consumption as key market trends.

Capital Structure and Market Data

As of 19/06/2026:

  • Share price: ₹262.00
  • Market capitalization: ₹164.54 crore
  • Number of shares: 62,80,000
  • Face value: ₹10.00
  • 52-week high-low: ₹363.90 - ₹180.00
  • Promoter & promoter group holding: Not quantified in disclosure
  • Public holding: Not quantified in disclosure

Management Team

  • Karan Narang - Managing Director (DIN: 07098277)
  • Kunal Shah - Chief Financial Officer (expertise in finance, strategy and business transformation, held key CFO positions at leading organizations)

Investor Relations Contact

EquibridgeX Advisors Pvt. Ltd.

Ms. Pooja Gandhi

Forward-Looking Statements

The presentation contains forward-looking statements regarding the company's market opportunity and business prospects, subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. The company assumes no obligation to update any forward-looking information.