Company Overview

Kovilpathi Lakshmi Roller Flour Mills Limited (KLRF) has been operating since 1961 across three business verticals: Foods, Engineering, and Green Energy. The company's values include quality, community, innovation, and consistency. Their flagship wheat milling brand is "Kuthuvilakku" and they are market leaders in the HORECA segment in Kerala, Tamil Nadu & Puducherry.

Q2 FY27 Financial Performance (Compared to Q2 FY26)

  • Total Income (Net): ₹11,612 lakhs (vs ₹10,437 lakhs) - 11% increase
  • EBITDA: ₹806 lakhs (vs ₹545 lakhs)
  • EBITDA Margin: 7.0% (vs 5.2%)
  • Profit Before Tax (PBT): ₹448 lakhs (vs ₹111 lakhs)
  • PBT Margin: 3.9% (vs 1.1%)
  • Profit After Tax (PAT): ₹352 lakhs (vs ₹75 lakhs)
  • Total Revenue: ₹11,779 lakhs (vs ₹10,437 lakhs)
  • Revenue from Operations: ₹11,549 lakhs (vs ₹10,385 lakhs)
  • Other Income: ₹229 lakhs (vs ₹52 lakhs)
  • Material Cost: ₹9,021 lakhs (vs ₹7,595 lakhs)
  • Gross Profit: ₹2,757 lakhs (vs ₹2,841 lakhs)
  • Gross Margin: 23.9% (vs 27.4%)
  • Employee Benefits Expense: ₹451 lakhs (vs ₹715 lakhs) - reduced
  • Other Expenses: ₹1,501 lakhs (vs ₹1,581 lakhs)
  • Depreciation and Amortisation: ₹170 lakhs (vs ₹181 lakhs)
  • Finance Costs: ₹187 lakhs (vs ₹253 lakhs)

H1 FY27 Financial Performance (Compared to H1 FY26)

  • Total Income (Net): ₹20,877 lakhs (vs ₹20,432 lakhs)
  • EBITDA: ₹1,296 lakhs (vs ₹1,410 lakhs)
  • EBITDA Margin: 6.2% (vs 6.9%)
  • Profit Before Tax (PBT): ₹594 lakhs (vs ₹576 lakhs)
  • PBT Margin: 2.8% (vs 2.8%)
  • Profit After Tax (PAT): ₹460 lakhs (vs ₹439 lakhs)
  • Total Revenue: ₹21,044 lakhs (vs ₹20,727 lakhs)
  • Revenue from Operations: ₹20,776 lakhs (vs ₹20,344 lakhs)
  • Other Income: ₹268 lakhs (vs ₹382 lakhs)
  • Material Cost: ₹15,821 lakhs (vs ₹15,117 lakhs)
  • Gross Profit: ₹5,223 lakhs (vs ₹5,610 lakhs)
  • Gross Margin: 25.1% (vs 27.6%)
  • Employee Benefits Expense: ₹925 lakhs (vs ₹1,152 lakhs)
  • Other Expenses: ₹3,002 lakhs (vs ₹3,047 lakhs)
  • Depreciation and Amortisation: ₹337 lakhs (vs ₹359 lakhs)
  • Finance Costs: ₹365 lakhs (vs ₹475 lakhs)

Historical Financial Performance (FY22-FY26)

| Particulars (₹ Lakhs) | FY22 | FY23 | FY24 | FY25 | FY26 |

| Total Net Revenues | 27,712 | 41,116 | 41,366 | 42,880 | 41,299 |

| Branded Net Revenues | 27,335 | 40,541 | 41,091 | 42,659 | 41,086 |

| Other Income | 377 | 575 | 275 | 221 | 213 |

| Material Cost | 18,929 | 29,948 | 30,633 | 32,753 | 30,894 |

| Gross Profit | 8,783 | 11,168 | 10,733 | 10,127 | 10,405 |

| Gross Margin (%) | 31.7% | 27.2% | 25.9% | 23.6% | 25.3% |

| Employee Expenses | 1,423 | 1,916 | 1,865 | 1,850 | 2,054 |

| Other Expenses | 5,519 | 6,427 | 6,215 | 6,589 | 6,171 |

| EBITDA | 1,841 | 2,825 | 2,653 | 1,688 | 2,179 |

| EBITDA Margin (%) | 6.6% | 6.9% | 6.4% | 3.9% | 5.3% |

| Depreciation | 401 | 631 | 643 | 680 | 721 |

| Finance Cost | 406 | 775 | 959 | 854 | 903 |

| Profit Before Tax | 1,034 | 1,419 | 1,051 | 154 | 555 |

| PAT | 753 | 1,010 | 780 | 115 | 809 |

Balance Sheet Position (H1 FY27)

Total Assets: ₹22,461 lakhs

Non-Current Assets: ₹11,945 lakhs

  • Property, Plant and Equipment: ₹8,216 lakhs
  • Intangible Assets: ₹111 lakhs
  • Capital work in Progress: ₹2,938 lakhs
  • Other Financial Assets: ₹344 lakhs
  • Other Non-Current Assets: ₹336 lakhs

Current Assets: ₹10,516 lakhs

  • Inventories: ₹5,858 lakhs
  • Trade Receivables: ₹2,997 lakhs
  • Cash and Cash Equivalents: ₹12 lakhs
  • Bank Balances other than above: ₹6 lakhs
  • Other Current Assets: ₹1,644 lakhs

Equity and Liabilities

  • Share Holders Funds: ₹7,806 lakhs
  • Non-Current Liabilities: ₹5,356 lakhs
  • Borrowings: ₹4,928 lakhs
  • Deferred Tax Liabilities (Net): ₹428 lakhs
  • Current Liabilities: ₹9,299 lakhs
  • Borrowings: ₹5,655 lakhs
  • Trade Payables: ₹2,665 lakhs
  • Dues to Micro and Small Enterprises: ₹149 lakhs
  • Dues to Others: ₹2,516 lakhs
  • Short Term Provisions: ₹158 lakhs
  • Other Current Liabilities: ₹821 lakhs

Business Segments

1. Wheat Milling: Flagship brand "Kuthuvilakku", market leader in HORECA segment (Kerala, Tamil Nadu & Puducherry)

2. Precision Foundry: High-grade iron castings across sectors from automotive to agriculture

3. Renewable Energy: Dual-asset portfolio (Wind & Solar) ensuring sustainable, cost-effective power