Karnika Industries promoter holds 6.2cr shares in FY26

Karnika Industries Limited disclosed that its promoter and promoter group held 6,19,97,500 equity shares as of March 31, 2026. The filing confirms that no shares were encumbered, directly or indirectly, during the financial year ended March 31, 2026. The disclosure was submitted to the National Stock Exchange of India Ltd. in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The declaration was made by Niranjan Mundhra, Director and Promoter of Karnika Industries , on behalf of the promoter and promoter group. The submission detailed the shareholding status for the financial year ended March 31, 2026. The document was signed by Muskan Mundhra, Company Secretary & Compliance Officer.

Shareholding Details

The disclosure provides a snapshot of the promoter's holding position at the end of the fiscal year. The company stated that the shares remain free of any encumbrance.

Entity	Shareholding Status	Financial Year
Promoter & Promoter Group	6,19,97,500 Equity Shares	FY26
Encumbrance Status	None	FY26

The filing was addressed to the Manager-Listing at the NSE-SME Emerge platform. The company requested the exchange to place the information on its records.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.91%	+0.38%	+6.12%	+4.30%	-80.08%	+61.62%

Karnika Industries Limited has submitted the transcript of its earnings conference call held on May 18, 2026. The call discussed the audited financial results for the quarter and year ended March 31, 2026. The disclosure was made by Managing Director Niranjan Mundhra on May 21, 2026, pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

FY26 was a defining year for the company, marked by strong growth and improving profitability. Revenue from operations for FY26 stood at INR248 crores compared to INR173 crores in FY25, reflecting a robust growth of 44% year-on-year. This growth was driven by healthy traction across categories, improving distribution reach, and continued momentum across institutional and retail channels.

Profit after tax grew 57% year-on-year to INR28 crores, with PAT margins improving to 11.4%. EBITDA for FY26 grew 43% year-on-year to INR37 crores while maintaining a healthy EBITDA margin of 15%. The company delivered a revenue CAGR of 39% and PAT CAGR of over 100% between FY21 and FY26.

Metric	FY26	FY25	YoY Growth
Revenue from Operations	INR248 crores	INR173 crores	44%
Profit After Tax	INR28 crores	-	57%
EBITDA	INR37 crores	-	43%
EBITDA Margin	15%	-	-

Operational Highlights

In Q4 FY26, revenue from operations stood at INR72 crores, registering a growth of 18.8% year-on-year, while profit after tax grew 48.6% to INR9 crores. PAT margins improved to 13% compared to 10.4% in Q4 FY25. A key strategic development during the year was the integration with Kidcity, which contributed approximately INR24 crores to INR25 crores in revenue for FY26.

The company serves customers across 28 states through a distribution ecosystem supported by over 150 distribution partners and 2,500 clients. Management projects a normalized PAT margin range of 11% to 13% going forward. The working capital cycle has improved from four and a half to five months to around four months, with plans to reduce it further by 100 days in the coming financial year.

Future Outlook

Looking ahead, the company projects around 3x revenue from Kidcity in the next financial year. For FY28 or FY29, revenue from Kidcity is targeted to reach INR200 crores to INR250 crores. Strategic priorities include expanding the omnichannel retail footprint, scaling kiosks and shop-in-shop counters, and deepening penetration across Tier 2 and Tier 3 markets. The company aims to maintain a CAGR of 30% to 35% over the next three to four years.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0MGA01012/5df005dba0b046b0.pdf