Kasturi Metal FY26 Results: Net Profit Rs 396.07 Lakh, Revenue Rs 3,188 Lakh

2 min read     Updated on 30 Apr 2026, 06:49 PM
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Kasturi Metal Composite Limited reported FY26 standalone net profit of Rs 396.07 lakh, up from Rs 165.52 lakh in FY25, with total income at Rs 3,588.98 lakh. Consolidated net profit stood at Rs 396.39 lakh on total income of Rs 6,530.59 lakh. The board appointed D.S Momaya & Co LLP as Secretarial Auditors and V. S. Jakhotiya & Co as Internal Auditors for FY 2026-27. NDAA & Associates LLP issued an unmodified audit opinion on both standalone and consolidated results.

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Kasturi Metal Composite Limited announced its audited financial results for the financial year ended March 31, 2026, following the board meeting held on April 30, 2026. The company reported a standalone net profit of Rs 396.07 lakh for FY26, compared to Rs 165.52 lakh in the previous year. Total standalone income increased to Rs 3,588.98 lakh from Rs 3,278.37 lakh in FY25, with revenue from operations at Rs 3,188.26 lakh.

Financial Performance Overview

The standalone financial results show significant improvement across key parameters. Profit before tax for FY26 stood at Rs 432.66 lakh, up from Rs 181.51 lakh in the previous year. Basic and diluted earnings per share increased to Rs 4.91 from Rs 2.31 in FY25. The company's balance sheet reflects total assets of Rs 4,972.91 lakh as of March 31, 2026, compared to Rs 2,888.54 lakh in the previous year, primarily driven by the Initial Public Offering during the year.

Financial Parameter FY26 (Rs. In Lakhs) FY25 (Rs. In Lakhs)
Total Income 3,588.98 3,278.37
Revenue from Operations 3,188.26 3,106.42
Profit Before Tax 432.66 181.51
Net Profit 396.07 165.52
Basic EPS (Rs.) 4.91 2.31

Consolidated Results and Segment Performance

On a consolidated basis, the company reported a net profit of Rs 396.39 lakh for FY26, with total income of Rs 6,530.59 lakh. The group operates through two reportable segments: Steel Wool and Steel Fiber, and Concrete Flooring Services. The Steel Fiber segment generated revenue of Rs 3,188.26 lakh, while Concrete Flooring Services contributed Rs 3,269.15 lakh. Segment results before tax and interest showed Steel Fiber at Rs 165.14 lakh and Concrete Flooring Services at Rs 536.96 lakh for the year.

The consolidated balance sheet shows total assets of Rs 6,019.33 lakh, with shareholder's funds at Rs 3,704.50 lakh. Minority interest stood at Rs (316.79) lakh. Cash and cash equivalents improved to Rs 683.98 lakh from Rs 273.71 lakh in the previous year.

Board Appointments and Auditor Report

The board appointed M/s. D.S Momaya & Co LLP as Secretarial Auditors and M/s. V. S. Jakhotiya & Co as Internal Auditors for FY 2026-2027. NDAA & Associates LLP, Chartered Accountants, issued an unmodified opinion on both standalone and consolidated financial results. The auditors confirmed that the financial statements give a true and fair view of the company's financial position and are in compliance with Regulation 33 of SEBI Listing Regulations.

The trading window closure, which was initiated on March 26, 2026, will continue until 48 hours after the official declaration of the audited financial results. The complete financial statements are available on the company's website at www.steelfiberindia.in .

How does Kasturi Metal Composite plan to utilize the ₹148.5 crores raised through its IPO for future expansion and growth initiatives?

What specific factors contributed to the dramatic 139% increase in net profit, and are these gains sustainable in the coming quarters?

Will the company's 72% increase in total assets lead to proportional revenue growth in FY27, or indicate potential overcapitalization concerns?

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Kasturi Metal Composite Limited Submits SEBI Compliance Certificate for Q4 FY26

1 min read     Updated on 07 Apr 2026, 11:56 PM
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Kasturi Metal Composite Limited filed its Q4 FY26 compliance certificate under SEBI Regulation 74(5) on April 7, 2026. Registrar Bigshare Services confirmed the regulation's non-applicability due to complete share dematerialization with no rematerialization requests during the quarter ended March 31, 2026. Chairman Samit Singhai submitted the documentation to BSE Limited for the company trading under symbol KASTURI.

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Kasturi Metal Composite Limited has submitted its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The regulatory filing demonstrates the company's adherence to mandatory compliance requirements for listed entities.

Regulatory Compliance Filing

Chairman & Managing Director Samit Singhai filed the compliance certificate with BSE Limited on April 7, 2026. The submission pertains to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which governs share transfer and dematerialization processes for listed companies.

Filing Details: Information
Filing Date: April 7, 2026
Quarter Ended: March 31, 2026
Regulation: 74(5) of SEBI (Depositories and Participants) Regulations, 2018
Exchange: BSE Limited
Company Symbol: KASTURI
BSE Code: 544688

Registrar Confirmation

Bigshare Services Pvt. Ltd., serving as the company's Registrar and Share Transfer Agent, issued a certificate dated April 4, 2026, confirming the non-applicability of the regulation. The registrar stated that the entire shareholding of Kasturi Metal Composite Limited remains in dematerialized form.

The certificate specifically noted that no requests were received from company members for either rematerialization or dematerialization during the quarter ended March 31, 2026. This complete dematerialization status exempts the company from certain compliance requirements under the regulation.

Company Information

Kasturi Metal Composite Limited operates from its registered address at A-30/3/1 MIDC, H V Nagar, Amravati. The company maintains its listing on BSE Limited under the symbol KASTURI with company code 544688. Samit Singhai serves as Chairman & Managing Director with DIN 00907782.

The compliance filing reflects the company's commitment to maintaining regulatory adherence and transparent reporting practices. The complete dematerialization of shares indicates modern share holding patterns among the company's investor base.

Will Kasturi Metal Composite's complete dematerialization status provide any competitive advantages in future capital raising activities?

How might SEBI's evolving regulatory framework for depositories impact smaller listed companies like Kasturi Metal Composite in upcoming quarters?

What strategic initiatives is Kasturi Metal Composite planning to leverage its streamlined share transfer processes for business expansion?

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