Financial Performance Highlights (H1 FY27 vs H1 FY26)
Revenue from Operations: ₹1,574.7 million (H1 FY27) vs ₹1,248.9 million (H1 FY26) - 26.08% year-on-year growth
EBITDA: ₹231.5 million (H1 FY27) vs ₹167.5 million (H1 FY26) - 38.2% year-on-year growth
EBITDA Margin: 14.7% (H1 FY27) vs 13.4% (H1 FY26) - 129 basis points expansion
PAT: ₹117.6 million (H1 FY27) vs ₹88.5 million (H1 FY26) - 32.85% year-on-year growth
PAT Margin: 7.5% (H1 FY27) vs 7.1% (H1 FY26) - 38 basis points expansion
EPS: ₹8.61 per share (H1 FY27)
Operational and Business Updates
Manufacturing Infrastructure: The company operates three manufacturing facilities located at Lasundra, Zak GIDC, and Odhav with aggregate installed segment capacity of 53,639 MTPA across PVC profiles, WPC profiles and sheets, and roofing products.
Product Portfolio: Offers over 2,000 product SKUs across PVC, WPC and uPVC segments serving residential, commercial and institutional applications.
Distribution Network: Presence across 20+ states and Union Territories supported by four distribution depots and a customer base of over 450.
Solar Power Plant: Commissioned a 7.5 MW solar power plant at Bordi Village, Kheda, Gujarat on July 1, 2026, to support captive power requirements with potential long-term energy cost savings.
Brand Portfolio: Operates as a House of Brands including Kaka PVC Profile, Barbarika, Nice Plast, Jinwin, and Roof Touch Sheets catering to distinct price points and customer segments.
Revenue Breakdown (H1 FY27): PVC Profile (53%), WPC Solid Profile (26%), uPVC Profile (5%), Laminates (4%)
Management Commentary
Mr. Rajesh Dhirubhai Gondaliya, Chairman & Managing Director, attributed the strong performance to operational efficiency, product mix improvement, and disciplined capital allocation. The company is expanding distribution channels targeting untapped areas of Gujarat and North Indian states. H1 FY27 is described as a preparatory period for a full-scale push toward 30% growth in FY 2027-28. For H2 FY27, the company plans to invest in service improvement, distribution channel expansion, and addition of new decorative and furniture products. Management maintains confidence in delivering 25% growth for the current year (FY27) and is preparing for 30% growth in the next financial year (FY28).
Company Overview
Kaka Industries Limited manufactures polymer-based profiles and products for building and interior applications, including uPVC, PVC and WPC profiles for doors, windows, partitions, wall panelling, and other architectural applications. The company serves residential, commercial, and interior infrastructure markets.