Board Meeting Details

The Board of Directors meeting was held on May 25, 2026, commencing at 3:30 PM and concluding at 4:55 PM. The Board approved the audited financial results and recommended nil final dividend for the year.

Dividend Information

The Company had declared an interim equity dividend of 232.00% (₹23.20 per share) on 3,20,90,575 fully paid-up equity shares of face value ₹10 each in the Board Meeting held on March 20, 2026. The interim dividend was paid on April 9, 2026.

Standalone Financial Results (Amount in ₹ lakhs)

Quarterly Performance (Q4 FY26 vs Q4 FY25)

  • Revenue from operations: ₹7,572.64 (vs ₹5,583.04)
  • Interest income: ₹0.22 (vs ₹0.08)
  • Dividend income: ₹7,572.42 (vs ₹5,582.96)
  • Total income: ₹7,580.22 (vs ₹5,584.16)
  • Total expenses: ₹193.16 (vs ₹231.83)
  • Profit before tax: ₹7,382.83 (vs ₹5,352.33)
  • Total tax expense: ₹29.21 (vs ₹-32.08)
  • Profit after tax: ₹7,353.62 (vs ₹5,384.41)
  • EPS: ₹22.92 basic and diluted (vs ₹16.78)

Annual Performance (FY26 vs FY25)

  • Revenue from operations: ₹13,527.08 (vs ₹10,953.58)
  • Interest income: ₹0.86 (vs ₹6.91)
  • Dividend income: ₹13,526.22 (vs ₹10,941.38)
  • Total income: ₹13,549.21 (vs ₹10,954.70)
  • Total expenses: ₹371.01 (vs ₹410.03)
  • Profit before exceptional items: ₹13,178.20 (vs ₹10,544.67)
  • Exceptional items (New Labour Codes impact): ₹17.36 (vs nil)
  • Profit before tax: ₹13,160.84 (vs ₹10,544.67)
  • Total tax expense: ₹25.07 (vs ₹4.06)
  • Profit after tax: ₹13,135.77 (vs ₹10,540.61)
  • EPS: ₹40.93 basic and diluted (vs ₹32.85)
  • Paid-up equity share capital: ₹3,209.06 lakhs (unchanged)
  • Other equity: ₹81,657.59 (vs ₹81,823.48)

Standalone Balance Sheet (as at March 31, 2026)

  • Total assets: ₹92,702.43 lakhs
  • Financial liabilities: ₹7,796.33 lakhs
  • Non-financial liabilities: ₹39.45 lakhs
  • Equity: ₹84,866.65 lakhs
  • Equity share capital: ₹3,209.06 lakhs
  • Other equity: ₹81,657.59 lakhs

Standalone Cash Flow (FY26)

  • Net cash from operating activities: ₹12,965.85 lakhs
  • Net cash from investing activities: ₹332.30 lakhs
  • Net cash used in financing activities: ₹-13,301.54 lakhs (dividend payments)
  • Net decrease in cash: ₹-3.39 lakhs
  • Cash equivalents at year-end: ₹6.04 lakhs

Consolidated Financial Results (Amount in ₹ lakhs)

Quarterly Performance (Q4 FY26)

  • Profit before tax: ₹76,051.19
  • Total tax expense: ₹17,648.96
  • Profit after tax: ₹58,402.23
  • Attributable to owners: ₹29,424.93
  • Non-controlling interest: ₹28,977.30
  • EPS: ₹91.69 basic and diluted

Annual Performance (FY26)

  • Profit before tax: ₹2,31,937.28
  • Total tax expense: ₹39,823.41
  • Profit after tax: ₹1,84,441.97
  • Attributable to owners: ₹93,073.99
  • Non-controlling interest: ₹91,367.98
  • EPS: ₹290.04 basic and diluted
  • Paid-up equity share capital: ₹3,209.06 lakhs
  • Other equity: ₹7,97,970.66 lakhs

Consolidated Entities

The consolidated results include the Holding Company (KAMA Holdings Limited) and 15 subsidiaries:

  • SRF Limited
  • SRF Global BV
  • SRF Industries (Thailand) Ltd.
  • SRF Flexipak (South Africa) (Pty) Ltd
  • SRF Industex Belting (Pty) Ltd
  • SRF Europe Kft
  • SRF Holiday Home Ltd
  • SRF Employees Welfare Trust
  • SRF Altech Limited
  • SRF Middle East LLC
  • Shri Educare Limited
  • Shri Educare Maldives Private Limited
  • SRF Transnational Holdings Limited
  • KAMA Realty (Delhi) Limited
  • KAMA Real Estate Holdings LLP

Exceptional Items - New Labour Codes

Effective November 21, 2025, the Government of India implemented four consolidated labour codes. Under Ind AS 19, this constituted a plan amendment requiring immediate recognition of past service cost:

  • Standalone impact: ₹17.36 lakhs (₹13.13 lakhs in Q3 and ₹4.23 lakhs in Q4 FY26)
  • Consolidated impact: ₹8,682.74 lakhs (₹7,498.01 lakhs in Q3 and ₹1,184.73 lakhs in Q4 FY26)

The Company/Group continues to monitor finalization of Central/State Rules and may provide additional accounting effects in future periods.

Subsidiary Updates

  • SRF Limited had commercial papers aggregating ₹20,000 lakhs outstanding as of March 31, 2026, rated CRISIL A1+ and IND A1+
  • SRF Limited received a favorable order from Income Tax Appellate Tribunal (ITAT) for assessment years 2011-12 and 2013-14 regarding taxability of Carbon Emission Reduction Certificates (CERs), resulting in a tax provision write-back of ₹9,912 lakhs