Financial Performance Highlights

Quarterly Financial Results (₹ Crores):

  • Revenue from Operations: ₹213.3 crore in Q1 FY27 vs ₹195.8 crore in Q1 FY26, representing 9% year-on-year growth
  • Profit Before Tax (PBT): ₹36.4 crore in Q1 FY27 vs ₹28.6 crore in Q1 FY26, representing 27% year-on-year growth
  • PBT Margin: 17.1% in Q1 FY27 vs 14.6% in Q1 FY26, representing 250 basis points expansion
  • Profit After Tax (PAT): ₹28.7 crore in Q1 FY27 vs ₹21.4 crore in Q1 FY26, representing 34% year-on-year growth

Operational Performance Breakdown

Own Facilities Performance:

  • Revenue from Own Facilities: ₹165.2 crore in Q1 FY27 vs ₹154.2 crore in Q1 FY26, representing 7% growth
  • Volume from Own Facilities: Not quantified in metric tons (only percentage growth provided)

Royalty and Franchise Business:

  • Royalty Income: ₹48.1 crore in Q1 FY27 vs ₹41.6 crore in Q1 FY26, representing 16% year-on-year growth
  • Franchise Volumes: 10.3 lakh metric tons in Q1 FY27 vs 9.4 lakh metric tons in Q1 FY26, representing 9% year-on-year growth

Strategic Developments

Solar Power Plant Commissioning:

  • Commissioned 5 MWp captive Solar Power Plant in Phalodi District, Rajasthan in June 2026
  • Expected annual savings: ₹4–5 crore
  • Purpose: Improve energy reliability and support sustainable manufacturing objectives

Management Commentary

Mr. Satish Kumar Agarwal, Chairman & Managing Director, commented on:

  • Strong execution across core business and resilience of branded business model
  • Healthy growth across product portfolio with own manufacturing volumes increasing 6% YoY
  • Brand strength supported by consistent product quality and extensive pan-India franchise network
  • Southern India remains key strategic focus for market share expansion
  • Government focus on infrastructure, urbanization and manufacturing expected to support steel demand
  • Optimistic about steel industry growth in FY27 driven by commercial, residential, and industrial construction

Company Background

  • Founded in 1994, market leader in branded TMT Bars
  • Brand sales turnover: ~₹23,000 crores in FY26
  • Business model: Franchisee-based with over 12,500 dealers and 500 distributors
  • Product portfolio includes Kamdhenu PAS 10000 Steel for seismic zones and Kamdhenu Nxt TMT Bar
  • Certifications: ISO 9001:2015 and 'Great Place to Work' certified

Forward-Looking Statements Disclaimer

The document contains forward-looking statements subject to numerous risks and uncertainties, with no obligation to update based on changed circumstances.