KSR Footwear Limited disclosed its unaudited financial results for the quarter and half year ended September 30, 2026, following approval by the Board of Directors at a meeting held on November 13, 2026. The meeting commenced at 1:00 PM and concluded at 2:11 PM. The results were reviewed and recommended by the Audit Committee and subjected to a limited review by the statutory auditors, M/s. Agarwal & Associates (Chartered Accountants).

Financial Performance Highlights (Quarter Ended September 30, 2026)

  • Revenue from Operations: ₹509.90 million (compared to ₹424.30 million in Q2 FY26)
  • Other Income: ₹2.39 million (compared to ₹48.08 million in Q2 FY26)
  • Total Income: ₹512.29 million
  • Profit Before Tax: ₹3.96 million (compared to a loss of ₹83.09 million in Q2 FY26)
  • Tax Expense: ₹1.06 million (Deferred tax)
  • Net Profit: ₹2.90 million (compared to a net loss of ₹91.51 million in Q2 FY26)
  • Earnings Per Share (Basic & Diluted): ₹0.16

Financial Performance Highlights (Half Year Ended September 30, 2026)

  • Revenue from Operations: ₹1,032.40 million (compared to ₹944.91 million in H1 FY26)
  • Other Income: ₹4.42 million (compared to ₹53.50 million in H1 FY26)
  • Total Income: ₹1,036.82 million
  • Profit Before Tax: ₹8.21 million (compared to a loss of ₹133.87 million in H1 FY26)
  • Tax Expense: ₹2.13 million (Deferred tax)
  • Net Profit: ₹6.07 million (compared to a net loss of ₹139.78 million in H1 FY26)
  • Earnings Per Share (Basic & Diluted): ₹0.33

Balance Sheet Position (as at September 30, 2026)

  • Total Assets: ₹1,960.04 million
  • Property, Plant and Equipment: ₹297.20 million
  • Right of Use Assets: ₹133.47 million
  • Inventories: ₹718.67 million
  • Trade Receivables: ₹526.49 million
  • Cash and Cash Equivalents: ₹25.93 million
  • Total Equity: ₹761.94 million (Share Capital: ₹183.78 million + Other Equity: ₹578.16 million)
  • Borrowings: ₹229.41 million (Non-current: ₹36.71 million + Current: ₹192.70 million)
  • Lease Liabilities: ₹30.10 million (Non-current: ₹6.35 million + Current: ₹23.75 million)
  • Trade Payables: ₹973.40 million

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Net Cash from Operating Activities: ₹(19.42) million
  • Net Cash used in Investing Activities: ₹(14.82) million
  • Net Cash from Financing Activities: ₹11.74 million
  • Net Decrease in Cash and Equivalents: ₹(22.50) million

Key Notes and Disclosures

  • The financial results were prepared in accordance with Indian Accounting Standard 34 (IND AS-34).
  • The company operates primarily in one business segment: Footwear.
  • The company addressed the notification of four Labour Codes by the Government of India (notified on November 21, 2025) and subsequent Central Rules (notified on May 8, 2026). The company has assessed the incremental impact but states: "Considering the materiality and the fact that the State Rules are yet to be finalised and notified, the Company has not provided any material impact in these financial results." The company will monitor developments and provide appropriate accounting effect as needed.
  • The company has no subsidiaries, associates, or joint ventures.
  • Previous periods' figures have been regrouped/rearranged where necessary.
  • The statutory auditors' limited review report stated that nothing came to their attention to suggest the results contain material misstatements or fail to disclose required information under Regulation 33.
  • The unaudited financial results are available on the company's website (www.ksrfootwear.com) and on the websites of NSE and BSE.