Khadim India schedules Q4FY26 results conference call

0 min read     Updated on 21 May 2026, 03:00 AM
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Khadim India Limited has scheduled an analyst and investor meet to discuss its financial performance for the fourth quarter and fiscal year ending March 31, 2026. The meeting will be conducted via conference call on Tuesday, May 26, 2026, at 04:00 PM IST.

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Khadim India Limited has scheduled an analyst and investor meet to discuss its financial performance for the fourth quarter and fiscal year ending March 31, 2026. The meeting will be conducted via conference call on Tuesday, May 26, 2026, at 04:00 PM IST.

Conference Call Details

The company has provided specific access numbers for participants to join the discussion. The management team, including the Managing Director and Group Chief Financial Officer, will address the gathering.

Access Numbers
Primary Number +91 22 6280 1550
+ 91 22 7115 8378
International Toll-Free Hongkong: 800 964 448
Singapore: 800 101 2045
USA: 1 866 746 2133
UK: 0 808 101 1573

Management Participants

The session will feature key executives from khadim . The participants include Mr. Rittick Roy Burman, Managing Director, and Mr. Indrajit Chaudhuri, Group Chief Financial Officer.

The schedule for the conference call is subject to change. Investors and analysts interested in attending are required to coordinate through the designated contact persons for the event.

Historical Stock Returns for Khadim

1 Day5 Days1 Month6 Months1 Year5 Years
+0.82%-6.35%+2.78%-50.53%-64.44%-34.57%

How has Khadim India's retail expansion strategy in tier-2 and tier-3 cities impacted its revenue growth trajectory heading into FY2027?

What guidance is Khadim India's management likely to provide regarding margin improvement amid rising raw material costs in the footwear sector?

How might Khadim India's performance compare to peers like Bata India and Metro Brands in terms of same-store sales growth for FY2026?

High Court of Punjab and Haryana Confirms Arbitral Award in Favour of Khadim India Limited

2 min read     Updated on 14 May 2026, 02:22 AM
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The Hon'ble High Court of Punjab and Haryana, Chandigarh, vide its order dated May 05, 2026, confirmed the Arbitral Award dated June 27, 2022, in favour of Khadim India Limited, rejecting the District Court at Mohali's order of August 16, 2023, which had set aside the award. The dispute involved withholding of receivables of ₹ 32,00,00,000/- (approx.) and forfeiture of Performance Bank Guarantees by Samagra Shiksha Abhiyan Authority (SSAA), Punjab. The Arbitral Award had entitled Khadim India to ₹ 31,96,86,729/- with interest @ 9% p.a., refund of Performance Bank Guarantees of ₹ 1,50,00,000/- and ₹ 35,00,000/- with interest @ 4.5% p.a., plus proportionate Cost of Arbitration. The Company disclosed this development to the stock exchanges on May 13, 2026, under Regulation 30 of SEBI (LODR) Regulations, 2015.

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Khadim India Limited has received a significant legal victory after the Hon'ble High Court of Punjab and Haryana, Chandigarh, confirmed the Arbitral Award dated June 27, 2022, which was passed in favour of the Company. The order, dated May 05, 2026, was received by the Company on May 12, 2026, and was disclosed to the stock exchanges on May 13, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Background of the Dispute

The matter stems from a dispute between Khadim India and Samagra Shiksha Abhiyan Authority (SSAA), Punjab, through Director General School Education-cum-State Project Director (DG-School) ("the Tenderer"), relating to a tender for supply of school shoes and uniform. The Tenderer, vide its order dated August 28, 2020, withheld receivables of ₹ 32,00,00,000/- (Rupees Thirty Two Crores) (approx.) and forfeited Performance Bank Guarantees of ₹ 1,50,00,000/- (Rupees One Crore Fifty Lakhs) and ₹ 35,00,000/- (Rupees Thirty Five Lakhs). Aggrieved by these actions, Khadim India pursued legal recourse and entered into arbitration before an Arbitral Panel.

Arbitral Award and Subsequent Legal Proceedings

The Arbitral Panel, on June 27, 2022, passed an award in favour of Khadim India. The key details of the award and subsequent proceedings are summarised below:

Parameter: Details
Arbitral Award Date: June 27, 2022
Award Amount: ₹ 31,96,86,729/- (Rupees Thirty One Crores Ninety Six Lakhs Eighty Six Thousand Seven Hundred and Twenty Nine)
Interest on Award Amount: @ 9% p.a.
Performance Bank Guarantee Refund: ₹ 1,50,00,000/- and ₹ 35,00,000/-
Interest on Bank Guarantee Refund: @ 4.5% p.a.
Additional Relief: Proportionate Cost of Arbitration
District Court Order (Mohali): August 16, 2023 — Set aside the Arbitral Award in favour of the Tenderer
Company's Appeal Filed: October 31, 2023, before the Hon'ble High Court of Punjab and Haryana, Chandigarh
High Court Order Date: May 05, 2026
High Court Outcome: Confirmed Arbitral Award in favour of Khadim India; rejected District Court order

Timeline of Regulatory Disclosures

Khadim India has been consistently disclosing the progress of this litigation to the stock exchanges in accordance with SEBI regulations. The Company had made prior disclosures on:

  • August 11, 2023: Initial disclosure regarding the pendency of litigation and details of the Arbitral Award dated June 27, 2022.
  • October 31, 2023: Disclosure informing that the Learned District Court at Mohali had set aside the Arbitral Award vide its order dated August 16, 2023, and that the Company had filed an appeal before the Hon'ble High Court of Punjab and Haryana, Chandigarh.
  • May 13, 2026: Disclosure confirming that the Hon'ble High Court of Punjab and Haryana, Chandigarh, vide its order dated May 05, 2026, confirmed the Arbitral Award in favour of the Company.

High Court Order Restores Award in Company's Favour

The Hon'ble High Court of Punjab and Haryana, Chandigarh, vide its order dated May 05, 2026, confirmed the Arbitral Award dated June 27, 2022, which was originally passed in favour of Khadim India. The High Court simultaneously rejected the order dated August 16, 2023, passed by the Learned District Court at Mohali, which had set aside the Arbitral Award in favour of the Tenderer. The disclosure was made by Abhijit Dan, Group Company Secretary & Head – Legal, Khadim India Limited, on May 13, 2026.

Historical Stock Returns for Khadim

1 Day5 Days1 Month6 Months1 Year5 Years
+0.82%-6.35%+2.78%-50.53%-64.44%-34.57%

Will Samagra Shiksha Abhiyan Authority appeal the High Court's decision to the Supreme Court, and how might that affect the timeline for Khadim India to actually recover the awarded funds?

How will the recovery of approximately ₹32 crores plus accumulated interest at 9% p.a. since 2022 impact Khadim India's balance sheet, working capital position, and future expansion plans?

Could this legal victory strengthen Khadim India's competitive positioning in future government tender bids, particularly in the school footwear and uniform segment across other states?

More News on Khadim

1 Year Returns:-64.44%