Kabra Extrusiontechnik has appointed Bhavin Sheth as its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective June 20, 2026. The appointment was approved by the Board of Directors during a meeting held on June 19, 2026. Sheth brings over 23 years of extensive experience in financial strategy, capital raising, mergers and acquisitions, and business transformation to the role.

The decision follows the provisions of Section 203 of the Companies Act, 2013 and applicable SEBI Listing Regulations. Consequently, Uttam Singh, who was serving as the Interim CFO, ceased to hold the position at the close of business hours on June 19, 2026.

Profile of the New CFO

Bhavin Sheth is a qualified Chartered Accountant. His professional expertise spans over two decades, with a focus on strategic leadership capabilities that align with the company's long-term growth objectives.

Appointment Details

Kabra Extrusiontechnik Limited reported operating revenues of ₹1,201 Mn in Q4FY26, while revenue for the full year FY26 stood at ₹4,511 Mn. The company announced its audited financial results for the quarter and year ended March 31, 2026, following a Board meeting on May 28, 2026. Extrusion Machinery revenues were ₹930 Mn in Q4FY26 and ₹3,149 Mn in FY26, while Geon revenues were ₹271 Mn in Q4FY26 and ₹1,361 Mn in FY26. EBITDA stood at ₹30 Mn in Q4FY26 and ₹104 Mn for the full year. The Board did not recommend any dividend for the financial year ended March 31, 2026.

Financial Performance

The company operates in two primary segments: Extrusion Machinery and Battery Division (Geon). The following table summarises key standalone and consolidated performance metrics for the quarter:

For the full year FY26, the company achieved an EBITDA of ₹104 Mn.

Board and Management Appointments

The Board approved the re-appointment of Mr. Utpal Sheth as an Independent Director for a second term of five consecutive years effective August 20, 2026, subject to shareholder approval. Additionally, the Board appointed M/s. Urvashi Kamal Mehta & Co. as the Cost Auditor for FY26–27.

In senior management changes, Mr. Mahender Singh was appointed as COO of the Geon Division, and Mr. Saurabh Jain was re-designated as CEO of the Energy Storage Business, both effective May 28, 2026.

Management Commentary

Commenting on the performance, Mr. Anand Kabra, Managing Director of Kabra Extrusiontechnik, said FY26 marked a transition year as the company balanced near-term challenges in its core extrusion business with continued investments in future growth drivers. He cited macroeconomic uncertainty, delayed infrastructure spending, and soft export demand as factors weighing on performance. The company expects a gradual recovery supported by the anticipated rollout of Jal Jeevan Mission 2.0 with a revised outlay of INR 8.7 lakh crore till December 2028.

Geon expanded its horizons across electric mobility segments like two-wheelers, three-wheelers, passenger vehicles, and high-voltage applications for off-road use cases. The company has reinforced its energy solutions design and delivery capabilities through sustained investments in product development and advanced manufacturing. Looking ahead, Kabra Extrusiontechnik remains optimistic about recovery in infrastructure-led demand and strong mid to long-term prospects in electric mobility and energy storage.