KIC Metaliks returns to profitability with net profit of ₹105.11 lakh in FY26

1 min read     Updated on 28 May 2026, 12:11 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

KIC Metaliks Limited returned to profitability in FY26, posting a net profit of ₹105.11 lakh compared to a net loss of ₹609.36 lakh in the previous year. Revenue from operations grew to ₹78,288.86 lakh from ₹71,723.22 lakh, driven by improved operational performance. The board approved the audited financial results on May 26, 2026, and re-appointed key statutory auditors and a director.

powered bylight_fuzz_icon
41363100

*this image is generated using AI for illustrative purposes only.

KIC Metaliks Limited returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹105.11 lakh compared to a net loss of ₹609.36 lakh in the previous year. The company's revenue from operations increased to ₹78,288.86 lakh for FY26, up from ₹71,723.22 lakh in FY25. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 26, 2026.

The statutory auditors, M/s. Agarwal Maheshwari & Co., issued an unmodified opinion on the annual audited financial results. For the quarter ended March 31, 2026, the company reported a net profit of ₹143.48 lakh, a significant turnaround from the net loss of ₹439.82 lakh in the same quarter of the previous year. Total income for the quarter stood at ₹24,774.84 lakh.

Board Approvals and Appointments

The board approved the re-appointment of Mrs. Ishita Bose as a Non-Executive Independent Director for a second term of five consecutive years effective August 6, 2026, subject to shareholder approval. Additionally, the board re-appointed M/s. Sharad Patangi & Co., Cost Accountants, as Cost Auditors and M/s. B.N. Agrawal & Co., Chartered Accountants, as Internal Auditors for F.Y. 2026-27.

Financial Performance

The company's total comprehensive income for FY26 was ₹115.64 lakh, compared to a loss of ₹609.19 lakh in the prior year. Earnings per equity share (basic and diluted) for FY26 were ₹0.30, improving from a loss of ₹1.72 per share in FY25. The finance costs for the year decreased to ₹969.93 lakh from ₹1,037.55 lakh in the previous year.

Particulars Year Ended 31.03.2026 (₹ in lakhs) Year Ended 31.03.2025 (₹ in lakhs)
Revenue from operations 78,288.86 71,723.22
Total Income 78,427.86 71,853.85
Total Expenses 78,241.54 73,017.27
Profit before tax 186.32 (1,163.42)
Net Profit/(Loss) for the period 105.11 (609.36)

Cash Flow and Assets

Net cash flow generated from operating activities for FY26 was ₹4,312.32 lakh, up from ₹2,076.24 lakh in the previous year. The company's cash and cash equivalents as of March 31, 2026, stood at ₹1,007.38 lakh, compared to ₹507.71 lakh in the prior year. Total assets as of March 31, 2026, were ₹38,629.76 lakh, a decrease from ₹42,777.46 lakh in the previous year.

Historical Stock Returns for KIC Metaliks

1 Day5 Days1 Month6 Months1 Year5 Years
+1.24%-2.00%+11.18%+30.54%-5.03%-23.73%

What strategic initiatives did KIC Metaliks implement to drive the significant turnaround from a loss to a profit in FY26?

How does the company plan to sustain the growth in revenue and profitability given the decrease in total assets?

Will the improved operating cash flow and cash reserves lead to increased capital expenditures or debt reduction in the coming year?

KIC Metaliks Schedules Board Meeting on May 26, 2026 to Consider Q4FY26 Audited Financial Results

1 min read     Updated on 18 May 2026, 11:56 AM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

KIC Metaliks has notified the BSE of a Board of Directors meeting on May 26, 2026, to consider and adopt audited financial statements and results for the quarter and financial year ended March 31, 2026. The intimation was filed on May 16, 2026, under Regulation 29 of the SEBI (LODR) Regulations, 2015. The company's trading window has been closed since April 1, 2026, and will reopen 48 hours after the financial results are declared to the exchange.

powered bylight_fuzz_icon
40631193

*this image is generated using AI for illustrative purposes only.

KIC Metaliks has informed the Bombay Stock Exchange (BSE) of an upcoming Board of Directors meeting scheduled for Tuesday, May 26, 2026. The intimation, dated May 16, 2026, was filed pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The board meeting has been convened to consider and adopt key financial disclosures for the recently concluded fiscal year. The following items are on the agenda:

  • Audited Financial Statements of the company for the financial year ended March 31, 2026
  • Audited Financial Results for the quarter and financial year ended March 31, 2026

The table below summarises the key details of the scheduled board meeting:

Parameter: Details
Meeting Date: Tuesday, May 26, 2026
Filing Date: May 16, 2026
Regulatory Reference: Regulation 29, SEBI (LODR) Regulations, 2015
Period Under Review: Quarter and financial year ended March 31, 2026
Exchange Notified: Bombay Stock Exchange Limited

Trading Window Closure

In accordance with the SEBI (Prevention of Insider Trading) Regulations, 2015, and the company's own Code of Conduct for Prevention of Insider Trading, KIC Metaliks has imposed a trading window restriction on dealings in its securities. The trading window was closed effective April 1, 2026, and will remain shut until 48 hours after the financial results are officially declared to the stock exchange.

The filing was signed by Ruchika Fogla, Company Secretary of KIC Metaliks, and bears the company's registered office address at Om Tower, 32, J.L. Nehru Road, 3rd Floor, Room No. 304, Russel Street, Kolkata – 700 071, West Bengal. The company's factory is located at Village - Raturia, Angadpur, Durgapur – 713 215.

Historical Stock Returns for KIC Metaliks

1 Day5 Days1 Month6 Months1 Year5 Years
+1.24%-2.00%+11.18%+30.54%-5.03%-23.73%

How might KIC Metaliks' FY2026 audited financial results compare to its previous year's performance, given the current challenges in the Indian metals and steel sector?

Will KIC Metaliks announce any dividend declaration or capital allocation decisions following the adoption of its FY2026 audited financials at the board meeting?

How could potential fluctuations in raw material costs and steel demand in the Durgapur industrial belt impact KIC Metaliks' revenue outlook for FY2027?

More News on KIC Metaliks

1 Year Returns:-5.03%