Disclosure Context

Key Performance Indicators (Q1 FY27)

The update provided the following key operational metrics for Q1 FY27:

  • Revenue Growth: Over 20% year-on-year (YoY).
  • Export Growth: 6 times (6x) YoY.
  • Order Book: ₹51.37 Crore.
  • New Customers: 4.
  • UAE Projects Executed: 3.
  • Plant IV Progress: Civil work complete; 7 machines installed.
  • Planned Capacity: Increase from 300 MT/month to 800 MT/month.

Financial and Operational Performance

Revenue and Profitability: The company achieved over 20% YoY revenue growth in Q1 FY27 while maintaining healthy operating margins. This was attributed to disciplined execution, an improved product mix, and operational efficiencies. Management is targeting an overall 40% growth for FY27 with improved margins.

Export Business: International business showed strong momentum. Export revenues reached ₹153.72 lakh in Q1 FY27, a more than six-fold increase from ₹21.73 lakh in Q1 FY26. This export revenue comprised ₹73.72 lakh from KMCL and ₹80.00 lakh from its associate, Durafloor Concrete Solutions LLP. For context, total export revenue in the entire previous fiscal year (FY26) was ₹420 lakh. The company currently has export orders in hand aggregating approximately ₹31.85 lakh for KMCL and ₹115 lakh for Durafloor.

Order Book: The company maintains a healthy order pipeline. Orders currently in hand (excluding already executed projects) stand at ₹51.37 Crore, providing good revenue visibility for the coming quarters. This is broken down as ₹36.37 Crore for KMCL and ₹15.00 Crore for Durafloor.

Market Presence and Business Development

Market Approvals: KMCL received approval from CIDCO/BMC for steel fiber applications. The technical approval process with MMRDA is progressing.

New Customers: The company onboarded four new institutional customers during the quarter.

Stakeholder Engagement: There was continued engagement with infrastructure consultants and project stakeholders.

Durafloor Concrete Solutions LLP Update

Durafloor strengthened its execution footprint in Q1 FY27. It successfully completed industrial flooring projects for marquee customers including Motherson Sumi, Godrej, Exide Batteries, Kohler, and Liebherr. A significant milestone was the execution of three industrial flooring projects in the UAE, along with the supply of steel fibers. The company continues to evaluate opportunities to expand its presence in mature international flooring markets.

Manufacturing Expansion (Plant IV)

Significant progress was made on the upcoming manufacturing facility (Plant IV):

1. All civil construction activities have been completed.

2. All seven production machines have been installed and undergone a dry run.

3. Trial production is expected to be completed within the next three weeks from the date of the report (July 22, 2026).

4. Commercial production is targeted to commence during October 2026.

Upon stabilization, Plant IV is expected to increase KMCL's installed steel fiber manufacturing capacity from 300 MT per month to approximately 800 MT per month.

Product Innovation

Patent Application: The company's patent application for its new generation Loop-End Steel Fiber has been taken up for expedited examination.

Commercialization: Commercialization activities for the Loop-End Steel Fiber product have commenced.

First Export: The company successfully exported its first commercial consignment of Loop-End Steel Fibers during Q1 FY27.

Cautionary Statement

The document contains a standard cautionary note stating that the information is based on internal reports and should be read with financial disclosures. It notes that certain statements are forward-looking and actual results may differ materially due to risks including market conditions, project execution timelines, raw material prices, regulatory developments, and other external factors.