Kasturi Metal Composite reports 20% revenue growth in Q1 FY27
Kasturi Metal Composite Limited reported over 20% YoY revenue growth in Q1 FY27, with exports rising six-fold to ₹153.72 lakh. The order book stands at ₹51.37 Cr, and Plant IV is set to commence commercial production in October 2026, expanding capacity to 800 MT/month.
*this image is generated using AI for illustrative purposes only.
Kasturi Metal Composite Limited achieved over 20% year-on-year revenue growth in Q1 FY27, supported by a six-fold surge in export revenues and a healthy order book position. The company reported export revenues of ₹153.72 lakh for the quarter, compared to ₹21.73 lakh in Q1 FY26, while maintaining stable operating margins through disciplined execution and improved product mix. Management has targeted an overall growth of 40% for FY27 with improved margins.
The export business comprised ₹73.72 lakh from Kasturi Metal Composite Limited and ₹80.00 lakh from its associate, Durafloor Concrete Solutions LLP. Total export revenue for FY26 stood at ₹420 lakh. The company currently holds export orders aggregating approximately ₹31.85 lakh for Kasturi Metal Composite Limited and ₹115 lakh for Durafloor Concrete Solutions LLP.
Order Book and Market Presence
The company maintains a robust order pipeline, with orders currently in hand standing at ₹51.37 Cr. This includes ₹21.85 Cr for Kasturi Metal Composite Limited and ₹29.52 Cr for Durafloor Concrete Solutions LLP. The order book excludes projects already executed during the quarter.
Key market developments during the quarter included receiving approval from CIDCO/BMC for steel fiber applications and progressing the technical approval process with MMRDA. The company onboarded four new institutional customers and continued engagement with infrastructure consultants and project stakeholders.
Operational Expansion
Significant progress was made at Plant IV, the company’s upcoming manufacturing facility. All civil construction activities have been completed, and installation and dry run of all seven production machines are finished. Trial production is expected to be completed within three weeks, with commercial production targeted to commence in October 2026.
Upon stabilization, Plant IV is expected to increase the installed steel fiber manufacturing capacity from 300 MT per month to approximately 800 MT per month.
Execution and Innovation
Durafloor Concrete Solutions LLP strengthened its execution footprint by completing industrial flooring projects for customers including Motherson Sumi, Godrej, Exide Batteries, Kohler, and Liebherr. Additionally, the entity executed three industrial flooring projects in the UAE.
On the product innovation front, the company’s patent application for its new generation Loop-End Steel Fiber has been taken up for expedited examination. Commercialization activities have commenced, and the first commercial consignment of Loop-End Steel Fibers was exported during Q1 FY27.
| KPI | Q1 FY27 |
|---|---|
| Revenue Growth | 20%+ YoY |
| Export Growth | 6× YoY |
| Order Book | ₹51.37 Cr |
| New Customers | 4 |
| UAE Projects Executed | 3 |
| Plant IV Progress | Civil Complete · 7 Machines Installed |
| Planned Capacity | 300 MT → 800 MT/month |
Historical Stock Returns for Kasturi Metal Composite
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +10.33% | +3.88% | -3.69% | -16.12% | -16.12% | -16.12% |
How will the commissioning of Plant IV impact the company's pricing power and operating margins once the 800 MT monthly capacity is fully stabilized?
What are the expected revenue contributions from the new Loop-End Steel Fiber product following its successful commercialization and export?
How will the company balance the surge in export demand with its current domestic order book of ₹51.37 Cr?
20
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
