Kay Power FY26 net profit declines on operational disruptions
Kay Power and Paper Ltd reported a decline in net profit to ₹101.01 lakh for FY26 from ₹112.52 lakh in FY25, with revenue dropping to ₹2438.04 lakh due to operational disruptions including a fire incident and fuel-feeding issues that halted production for 190 days. The company recovered to a net profit of ₹106.38 lakh in Q4FY26 after a loss in the previous quarter, while consolidated results mirrored standalone performance with the subsidiary yet to commence operations.
*this image is generated using AI for illustrative purposes only.
Kay Power and Paper Ltd reported a net profit of ₹101.01 lakh for the financial year ended March 31, 2026, a decline from ₹112.52 lakh in the previous year. Revenue from operations fell to ₹2438.04 lakh compared to ₹4043.59 lakh in FY25, primarily due to the plant remaining non-operational for 190 days because of fuel-feeding issues and a fire incident on March 12, 2026. The company disclosed these audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, under Regulation 30 of the SEBI (LODR) Regulations, 2015.
For the quarter ended March 31, 2026, the company reported a net profit of ₹106.38 lakh, recovering from a loss of ₹8.54 lakh in the quarter ended December 31, 2025. Total revenue for the quarter stood at ₹513.44 lakh. The paid-up equity share capital increased to ₹3494.00 lakh as of March 31, 2026, from ₹2209.00 lakh in the previous year. M/s. Ankush Shinde & Company, Chartered Accountants, issued an independent auditor's report with an unmodified opinion on the standalone and consolidated financial results.
Financial Performance
The plant faced fuel-feeding issues with the boiler, leading to non-operation for 190 days during the year. A fire incident on March 12, 2026, at the company's premises in Satara damaged the wastepaper storage facility and adjacent machinery, suspending manufacturing operations until May 2, 2026. This impacted production and sales volumes for the year.
| Metric | FY26 (₹ in lakh) | FY25 (₹ in lakh) |
|---|---|---|
| Revenue from Operations | 2438.04 | 4043.59 |
| Total Revenue | 2492.71 | 4285.71 |
| Total Expenses | 2391.70 | 4173.19 |
| Net Profit | 101.01 | 112.52 |
| EPS (Basic) | 0.29 | 0.51 |
Consolidated Results
The consolidated net profit for the year was ₹101.01 lakh, with total revenue at ₹2492.71 lakh. The subsidiary, M/s. Satara Aerospace and Defence Industrial Park Private Limited, has not yet commenced operations. The group's total assets stood at ₹8282.05 lakh as of March 31, 2026, compared to ₹6232.91 lakh in the previous year.
Historical Stock Returns for Kay Power & Paper
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.28% | 0.0% | -13.55% | -19.43% | -19.62% | +272.08% |
What specific measures is the company implementing to prevent a recurrence of the fuel-feeding issues that caused the 190-day shutdown?
How will the capital raised to increase paid-up equity share capital be utilized, and will it fund repairs for the fire-damaged facility?
When does the company expect M/s. Satara Aerospace and Defence Industrial Park Private Limited to commence operations, and what revenue contribution is anticipated?
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