Kanishk Steel Industries Limited submitted its audited standalone financial results for the quarter and financial year ended March 31, 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board of Directors meeting was held on May 27, 2026, commencing at 3:00 PM and concluding at an unspecified time. The meeting approved the audited standalone financial results along with supporting documents including Statement of Assets and Liabilities, Cash Flow Statement, Auditor's Report, and declaration regarding unmodified audit opinion.

Financial Performance Highlights

Income Statement (₹ in Lakhs):

  • Total Revenue FY26: ₹4,082.43 (FY25: ₹3,716.42)
  • Profit before Tax FY26: ₹578.88 (FY25: ₹1,395.40)
  • Net Profit after Tax FY26: ₹510.01 (FY25: ₹832.10)
  • Total Comprehensive Income FY26: ₹480.30 (FY25: ₹835.56)
  • Earnings per Share: Not specifically quantified in disclosure

Quarterly Performance (Q4 FY26 vs Q4 FY25):

  • Total Revenue: ₹1,490.28 vs ₹969.61
  • Profit before Tax: ₹44.65 vs ₹98.34
  • Net Profit after Tax: ₹125.09 vs (₹160.58) loss

Balance Sheet Position (as of March 31, 2026):

  • Total Assets: ₹1,807.80 crore (March 2025: ₹1,822.24 crore)
  • Equity Share Capital: ₹284.66 crore (unchanged)
  • Other Equity: ₹821.88 crore (March 2025: ₹773.85 crore)
  • Total Equity: ₹1,106.54 crore (March 2025: ₹1,058.51 crore)
  • Total Liabilities: ₹701.26 crore (March 2025: ₹763.74 crore)

Cash Flow Statement (FY26):

  • Net Cash from Operating Activities: ₹598.54
  • Net Cash from Investing Activities: (₹281.61)
  • Net Cash from Financing Activities: (₹322.40)
  • Net Decrease in Cash: (₹5.47)

Exceptional Item

The company recognized an exceptional item of ₹8.96 lakh during Q4 FY26 related to provisions for new labour codes. The Government of India notified four new Labour Codes effective November 21, 2025, and the Central Government notified final Central Rules on May 8, 2026. Based on assessment of possible impact of revised wage definition and employee benefit obligations, the company provisioned ₹8.96 lakh, disclosed as an exceptional item with corresponding deferred tax asset recognition.

Additional Information

Previous year figures have been regrouped where appropriate. The Q4 FY26 figures represent balancing figures between audited full-year figures and unaudited year-to-date figures up to Q3 FY26.

Financial results are available on Bombay Stock Exchange and company website: www.kanishksteels.in