Board Meeting Details

The Board of Directors meeting was held on 29th May, 2026 at the Registered Office at B-144, 2nd Floor, DDA Shed, Okhla Industrial Area, Phase-1, Delhi-110020. The meeting commenced at 04:00 PM and concluded at 04:45 PM.

Financial Results Approval

The Board considered and approved:

  • Standalone Audited Financial Results for half-year and year ended 31st March, 2026
  • Consolidated Audited Financial Results for half-year and year ended 31st March, 2026
  • Audit Report by Statutory Auditors

FY 2025-26 Financial Highlights

  • Revenue: ₹152.08 Crore (up from ₹139.89 Crore previous year)
  • Profit After Tax: ₹17.11 Crore (20% year-on-year growth)
  • Earnings Per Share: ₹23.89 (up 20% from ₹19.85)
  • Installed Capacity: 12,000 TEUs (post Gujarat expansion)

Standalone Financial Position (as at 31st March, 2026)

Equity and Liabilities

  • Share Capital: ₹718.05 lakhs (unchanged from previous year)
  • Reserves and Surplus: ₹7,447.39 lakhs (up from ₹5,741.73 lakhs)
  • Total Equity: ₹8,165.44 lakhs
  • Long-Term Provisions: ₹25.93 lakhs
  • Short-Term Borrowings: ₹57.77 lakhs (down from ₹527.63 lakhs)
  • Trade Payables: ₹330.79 lakhs (₹74.67 lakhs to Micro-Enterprises)
  • Other Current Liabilities: ₹823.46 lakhs
  • Total Current Liabilities: ₹1,212.67 lakhs

Assets

  • Property, Plant & Equipment: ₹1,933.48 lakhs (up from ₹752.68 lakhs)
  • Intangible Assets: ₹7.35 lakhs
  • Capital Work-in-Progress: ₹345.02 lakhs
  • Intangible Assets Under Development: ₹15.00 lakhs
  • Non-Current Investment: ₹1,050.00 lakhs (up from ₹51.00 lakhs)
  • Deferred Tax Assets: ₹16.74 lakhs
  • Long-Term Loan & Advances: ₹1,471.60 lakhs
  • Current Assets Total: ₹4,542.19 lakhs (including Trade Receivables ₹3,299.21 lakhs, Cash ₹302.75 lakhs)

Standalone Financial Performance

Year Ended 31st March, 2026

  • Revenue from Operations: ₹14,999.19 lakhs
  • Other Income: ₹213.60 lakhs
  • Total Income: ₹15,212.79 lakhs
  • Cost of Materials Consumed: ₹10,259.10 lakhs
  • Manufacturing Expenses: ₹1,054.18 lakhs
  • Employees Benefit Expenses: ₹884.93 lakhs
  • Depreciation & Amortization: ₹105.09 lakhs
  • Profit Before Tax: ₹2,264.29 lakhs
  • Tax Expenses: ₹558.61 lakhs (Current Tax ₹562.85 lakhs, Prior Period Tax ₹-0.54 lakhs, Deferred Tax ₹3.70 lakhs)
  • Profit for the Year: ₹1,705.67 lakhs

Half-Year Ended 31st March, 2026

  • Revenue from Operations: ₹5,759.49 lakhs
  • Profit Before Tax: ₹1,002.37 lakhs
  • Profit for the Period: ₹753.15 lakhs
  • EPS: ₹10.49 (Basic and Diluted)

Consolidated Financial Position

  • Total Equity: ₹8,621.32 lakhs (including Minority Interest ₹453.28 lakhs)
  • Total Assets: ₹9,912.02 lakhs
  • Property, Plant & Equipment: ₹2,281.67 lakhs
  • Capital Work-in-Progress: ₹2,048.16 lakhs

Business Updates and Strategic Developments

Operational Highlights

  • Company became India's largest container manufacturer
  • Installed capacity of 12,000 TEUs post Gujarat expansion
  • Introduced industry-first innovations:
  • Stainless Steel Dry Cargo Containers (56 units delivered)
  • Stainless Steel Foldable Containers
  • Corrosion-Proof Salt & Chemical Containers
  • Super High Cube Containers for auto transport

Gujarat Campus Development

144-acre integrated manufacturing and logistics campus at Village Shivlakha, Taluka Bhachau, District Kutch:

  • Container Manufacturing Unit: Operational since May 2026 (already delivered 20×20-ft containers)
  • Gati Shakti Cargo Rail Terminal: 95% complete, target June 30, 2026
  • Wagon Manufacturing Unit (Phase 1 - 2,500/year): 95% plant & machinery installed
  • RDSO Stage-1 Approval received for new wagon design
  • ICD Application filed, decision expected June 2026
  • Refrigerated Container Unit MOU signed with Japan, production targeted Q4 FY27

Wagon Business Opportunity

  • Indian Railways requires 30,000-35,000 new wagons annually
  • Proprietary wagon design with RDSO Stage-1 approval
  • Full design completion targeted October 2026
  • Long-term vision to scale to 7,500-8,000 wagons per year
  • Location advantage near Kandla and Mundra ports

Order Book and Outlook

  • Current confirmed order book: ₹60 Crore
  • 300-container order assigned to Gujarat factory due to port-proximity cost advantage
  • Expect order book improvement as West Asia geopolitics normalize

Capital Investment Plan

  • ₹450-500 Crore over 4-5 years
  • ₹70 Crore invested in FY25-26
  • ₹200 Crore tied up (internal accruals + debt)
  • Balance being structured

Revenue Vision

  • ₹4,000+ Crore within 7-8 years
  • ₹2,000 Crore within next 4-5 years

Audit and Compliance

  • Statutory Auditors: Goel Mintri & Associates (Firm Reg. No. 013211N)
  • Unmodified audit opinion on both standalone and consolidated financial results
  • Financial results prepared in accordance with Accounting Standards prescribed under Companies Act, 2013
  • Company exempted from adoption of Ind AS as listed on SME Exchange

Subsidiary Information

  • KMT Engineering Private Limited (Subsidiary)
  • Country of Incorporation: India
  • Contributed to Group's total assets of ₹9,912.02 lakhs
  • Contributed to Group's revenue of ₹15,208.07 lakhs for year ended March 31, 2026
  • Contributed to Group's net profit after tax of ₹1,708.00 lakhs for year ended March 31, 2026