KDDL reports strong FY26 growth led by Precision Engineering
KDDL Limited reported a robust financial performance for FY26, with standalone revenue growing 31.9% to INR506 crores and consolidated revenue increasing 30.3% to INR2,207.8 crores. Standalone PAT for the year was INR76.6 crores, while consolidated PAT stood at INR135.2 crores. The Precision Engineering division led growth with a 35% year-on-year increase to INR200 crores, supported by strong export momentum. The Bracelet division reported revenue of INR40 crores, and the Packaging division grew to INR23 crores. Management remains optimistic about the medium to long-term prospects, targeting a 25% CAGR for the Precision Engineering and Bracelets businesses. The company has planned a capital expenditure of approximately INR50 crores across businesses during FY27. The Favre-Leuba brand is expected to more than double its sales in FY27.

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KDDL Limited reported a robust financial performance for the fiscal year FY26, with standalone revenue growing by 31.9% year-on-year to INR506 crores. The company's consolidated revenue for the year stood at INR2,207.8 crores, marking a 30.3% increase over the previous year. This growth was driven by strong momentum across export markets and increasing customer confidence, particularly in the Precision Engineering and Bracelets divisions.
Financial Performance
For the quarter ended March 31, 2026 (Q4FY26), standalone total income reached INR145.3 crores, a growth of almost 42% year-on-year. The standalone EBITDA for Q4FY26 was INR36.4 crores, an 87.6% increase, with an EBITDA margin of 25.1%. Profit after tax (PAT) for the quarter stood at INR19.8 crores. For the full year FY26, standalone PAT was INR76.6 crores with a margin of 15.1%.
On a consolidated basis, total income for Q4FY26 was INR585 crores, growing by 35.6% year-on-year. Consolidated EBITDA for the quarter was INR95 crores, growing by 25.2%, while full-year EBITDA was INR363 crores, an 18.3% increase. Consolidated PAT for FY26 was INR135.2 crores with a margin of 6.1%.
| Metric | Q4FY26 | FY26 |
|---|---|---|
| Standalone Total Income | INR145.3 crores | INR506 crores |
| Standalone EBITDA | INR36.4 crores | INR116.9 crores |
| Standalone PAT | INR19.8 crores | INR76.6 crores |
| Consolidated Total Income | INR585 crores | INR2,207.8 crores |
| Consolidated EBITDA | INR95 crores | INR363 crores |
| Consolidated PAT | INR34.5 crores | INR135.2 crores |
Segment Performance
Excluding Ethos Limited, the watch component manufacturing business reported revenue of INR240 crores in FY26, compared to INR200 crores in the previous year, registering a growth of 20% year-on-year. The Precision Engineering division (Eigen) saw revenue grow by over 35% year-on-year to INR200 crores. The Packaging division (Ornapac) also performed well, with revenue growing by over 35% year-on-year to INR23 crores from INR17 crores in the previous year. The Bracelet division reported revenue of around INR40 crores.
Business Outlook
Management remains optimistic about the medium to long-term prospects of the Precision Engineering and Bracelets businesses, targeting a 25% CAGR. The company has planned a capital expenditure of approximately INR50 crores across businesses during FY27, focusing on maintenance and growth-oriented investments. The Favre-Leuba brand, operated by Silvercity Brands, is expected to more than double its sales in FY27 and expand its global footprint.
The disclosure of the earnings call transcript is pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was signed by Brahm Prakash Kumar, Company Secretary.
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE291D01011/01200345feee4a60.pdf
Historical Stock Returns for KDDL
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.75% | +5.26% | +34.73% | +27.58% | +3.90% | +722.14% |
How will the planned INR50 crore capital expenditure in FY27 specifically impact capacity expansion in the Precision Engineering division?
What strategies will Favre-Leuba employ to more than double its sales and expand its global footprint in the coming fiscal year?
Can the company sustain the 25% CAGR target for Precision Engineering and Bracelets amidst potential global economic slowdowns?

































