Kaka Industries FY26 PAT Jumps 46% to INR 187.7 Mn
Kaka Industries Limited reported robust FY26 results with PAT rising 46% to INR 187.7 million and revenue increasing 33.1% to INR 2,632.3 million. EBITDA improved by 35.7% to INR 354.0 million, supported by operational efficiency. The company commissioned a 7.5 MW solar power plant to reduce costs and outlined strategic priorities for FY27 focusing on supply chain, innovation, and margin expansion.

*this image is generated using AI for illustrative purposes only.
Kaka Industries Limited reported a strong financial performance for the full year ended March 31, 2026, with significant growth across revenue, EBITDA, and profitability. The company's Board of Directors approved the audited standalone and consolidated financial results at a meeting held on May 15, 2026. Net Sales for FY26 crossed INR 2,632.3 million, registering a year-on-year growth of 33.1%, while Profit After Tax (PAT) surged 46.0% to INR 187.7 million. The statutory auditors issued an unmodified audit opinion on the financial results.
H2 FY26 Performance Highlights
For the half-year ended March 31, 2026 (H2 FY26), the company demonstrated robust operational momentum. Net Sales stood at INR 1,383.4 million, a 35.2% increase compared to H2 FY25. EBITDA expanded by 39.8% year-on-year to INR 186.5 million, with margins improving by 45 basis points to 13.5%. PAT for H2 FY26 rose sharply by 56.3% to INR 99.2 million, with PAT margins expanding by 97 basis points to 7.2%.
| Particulars (INR Mn) | HY2FY26 | HY1FY26 | H2FY25 | YoY% |
|---|---|---|---|---|
| Net Sales | 1,383.4 | 1,248.9 | 1,023.3 | 35.2% |
| EBITDA | 186.5 | 167.5 | 133.4 | 39.8% |
| EBITDA Margin (%) | 13.5% | 13.4% | 13.0% | +45 bps |
| Profit After Tax | 99.2 | 88.5 | 63.5 | 56.3% |
| PAT Margin (%) | 7.2% | 7.1% | 6.2% | +97 bps |
Full Year Financial Performance
The full-year results reflect consistent execution on operational efficiency and product mix improvement. EBITDA for FY26 grew 35.7% to INR 354.0 million, with margins expanding by 26 basis points to 13.4%. EPS (Reported) for the year stood at Rs. 13.74, a 45.9% increase over the previous year.
| Key Metric (INR Mn) | FY26 | FY25 | YoY% |
|---|---|---|---|
| Net Sales | 2,632.3 | 1,977.8 | 33.1% |
| EBITDA | 354.0 | 260.8 | 35.7% |
| EBITDA Margin (%) | 13.4% | 13.2% | +26 bps |
| Profit After Tax | 187.7 | 128.6 | 46.0% |
| PAT Margin (%) | 7.1% | 6.5% | +63 bps |
Strategic Initiatives and Future Outlook
The company outlined its strategic priorities for FY 2026-27, focusing on three pillars: strengthening the supply chain, driving product innovation in PVC, WPC, and uPVC segments, and improving EBITDA margins through operational efficiency. A key development is the operational status of the 7.5 MW captive solar power plant at Kheda District, Gujarat, commissioned in mid-June 2026. This initiative is expected to generate power cost savings of approximately INR 45 lakhs per month, directly contributing to improved EBITDA margins. The company also aims to expand its domestic presence in existing and new markets through aggressive influencer marketing and digital platforms.
Management Commentary
Commenting on the results, Mr. Chintan Bodar, CFO, stated that the consistent improvement across key financial metrics is a testament to focused execution on operational efficiency and disciplined capital allocation. He highlighted that FY26 was a landmark year with Net Sales crossing INR 2,632 Mn and PAT surpassing INR 187 Mn. The company remains committed to sustaining this growth trajectory through continued investment in product capabilities and capacity expansion.
Corporate Overview
Kaka Industries Limited operates as a "House of Brands" with labels including Kaka PVC Profile, Barbarika, and Nice Plast. The company serves 450+ customers across 20+ States with 3 manufacturing units in Gujarat. Its product portfolio spans PVC Profile, WPC Solid Profile, and uPVC Profile, catering to residential, commercial, and institutional customers.
Historical Stock Returns for Kaka Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.29% | -2.70% | +1.76% | -23.11% | -14.25% | +49.51% |
How much of the ₹260.7 Mn Capital Work in Progress is expected to translate into additional production capacity, and what revenue uplift could this drive in FY27?
With the 7.5 MW solar plant saving ~₹45 lakhs per month, could further renewable energy investments push EBITDA margins beyond the 14-15% range in the near term?
Given WPC Solid Profile's rising revenue share, is Kaka Industries planning to expand dedicated WPC manufacturing capacity to capitalize on growing demand for wood-plastic composite products?


































