Kinetic Engineering Limited reported a 66% decline in consolidated net profit to ₹87 lakh for the financial year ended March 31, 2026, compared to ₹623 lakh in the previous year. Total revenue from operations rose 11% to ₹15,775 lakh from ₹14,246 lakh in FY25, while total expenses increased to ₹16,478 lakh from ₹14,904 lakh. The company recorded an exceptional cost of ₹76 lakh towards past service cost due to wage code revision in gratuity during the year.

Quarterly Performance

For the quarter ended March 31, 2026, the company reported a consolidated net profit of ₹36 lakh, a decrease from ₹49 lakh in the same quarter of the previous year. Revenue from operations for the quarter stood at ₹4,474 lakh, up from ₹3,854 lakh in Q4 FY25. Profit before tax for the quarter was ₹36 lakh. On a standalone basis, Q4 net profit came in at ₹51 lakh compared to ₹82 lakh in the same period of the previous year, while standalone Q4 revenue stood at ₹3,982 lakh versus ₹3,854 lakh year-on-year. The statutory auditors, Pawan Jain and Associates, issued an unmodified opinion on the audited financial results.

The following table summarises the key consolidated and standalone quarterly metrics:

Financial Performance

The standalone net profit for FY26 stood at ₹231 lakh, a significant decrease from ₹673 lakh in the previous year. Total income for the year was ₹15,830 lakh, compared to ₹15,497 lakh in FY25. The company's basic earnings per share (EPS) for the year dropped to ₹0.97 from ₹3.03 in the previous year. Other income for the year included a profit on the sale of non-core assets amounting to ₹458 lakh.

Board Decisions and Investments

The Board of Directors, at its meeting held on May 29, 2026, approved the re-appointment of Mr. Bhagwan S Waghmare as the Internal Auditor for FY 2026-27. Additionally, the Board took note of investments made in its subsidiary, Kinetic Watts and Volts Limited. During the quarter, the company allotted 31,00,000 equity shares following the conversion of warrants at an issue price of ₹171 per warrant, aggregating to ₹39,75,75,000.

The company invested ₹13,00,00,000 in the equity share capital of its subsidiary, comprising ₹3,00,00,000 on February 23, 2026, and ₹10,00,00,000 on March 31, 2026. Subsequently, on May 29, 2026, the company subscribed to 1,00,00,000 equity shares in Kinetic Watts and Volts Limited at ₹10 per share, amounting to ₹10,00,00,000. Post-allotment, Kinetic Engineering Limited holds 84.69% of the total paid-up share capital of the subsidiary.

Kinetic Engineering Limited has scheduled a meeting of its Board of Directors for Friday, May 29, 2026. The primary agenda of the meeting is to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The results will cover both standalone and consolidated financial statements.

Trading Window Closure

In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal policy, the trading window has been closed for all Directors, Key Managerial Personnel, Designated Employees, and other connected persons. This closure became effective from April 1, 2026. The window will remain closed until 48 hours after the announcement of the financial results.

Meeting Details

The board meeting follows Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has intimated the stock exchanges regarding the schedule and the purpose of the meeting.