KPT Industries Ltd announced a record date of July 31, 2026, to determine shareholder eligibility for e-voting and the declaration of dividend. The company will close its share transfer books and register of members from August 1, 2026, to August 8, 2026. The Annual General Meeting is scheduled for August 8, 2026, at the company's registered office in Shirol, Maharashtra. The Board of Directors had previously recommended a dividend of ₹3.00 per share, amounting to 60%, for the financial year ended March 31, 2026, subject to shareholder approval.

For the financial year ended March 31, 2026, the company reported a 4.6% increase in revenue from operations to ₹17,377.26 lakhs, while net profit declined by 13.3% to ₹1,206.79 lakhs. Profit before tax stood at ₹1,611.67 lakhs, down from ₹1,888.30 lakhs in the previous year. The financial performance was primarily driven by the Power Tools segment, which contributed ₹11,442.02 lakhs to the total turnover, followed by Blowers at ₹4,246.04 lakhs and E-Vehicles at ₹1,637.84 lakhs.

Financial and Operational Metrics

Board Resolutions and Appointments

Shareholders will vote on the reappointment of three independent directors—Mr. Sanjay Ramakant Buch, Mr. Niraj Shishir Shirgaokar, and Ms. Rama Sanjay Kirloskar—for a second term of five years effective from April 1, 2027. The company also seeks approval for the appointment of Dr. Nitin Vikas Pai as a Non-Executive Director. Additionally, the Board proposed revising the commission payable to Managing Director Mr. Dilip Kulkarni from 4% to 10% of net profits for the remaining term of his appointment ending March 31, 2027.

The company’s statutory auditors, M/s P. G. Bhagwat LLP, reported no qualifications or adverse remarks on the financial statements. However, the auditors noted that trade receivables amounted to ₹4,902.74 lakhs, representing 37.86% of total assets, requiring significant judgment regarding recoverability. The Board emphasized its commitment to navigating ongoing economic challenges through strategic cost management and agile decision-making.

KPT Industries Limited reported a 13.3% decline in net profit to ₹1,206.79 lakh for the financial year ended March 31, 2026, compared to ₹1,392.69 lakh in the previous year. Revenue from operations rose 4.6% to ₹17,377.28 lakh from ₹16,605.12 lakh in FY25. The company's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, in a meeting held on May 29, 2026.

For the quarter ended March 31, 2026, the company recorded a net profit of ₹282.71 lakh, a decrease from ₹301.09 lakh in the corresponding period of the previous year. Revenue from operations for the quarter stood at ₹6,006.53 lakh, up from ₹3,969.17 lakh in Q4FY25. The results were reviewed by the Audit Committee and subsequently approved by the Board.

The financial performance included an exceptional item regarding the impact of the New Wage Code on employee benefit expenses. The company recognized an additional provision of ₹55.04 lakh for the year ended March 31, 2026, following the notification of four labour codes by the Government of India on November 21, 2025. This expense arose from immediate recognition of past service costs as required by Ind AS 19.

Financial Performance

The company's total expenditure for FY26 increased to ₹15,763.27 lakh from ₹14,775.14 lakh in the prior year. Key expenditure components included the purchase of stock in trade at ₹7,021.04 lakh and employee benefit expenses at ₹1,790.79 lakh. Finance costs decreased to ₹344.15 lakh from ₹461.84 lakh in FY25.

Segment Performance

Revenue from the Power Tools segment for FY26 was ₹11,442.02 lakh, while the Blowers segment contributed ₹4,246.04 lakh. The E-Vehicles segment generated revenue of ₹1,637.84 lakh. The Windmills segment reported revenue of ₹51.36 lakh. Segment profit before tax and interest was highest for Power Tools at ₹1,573.84 lakh, followed by Blowers at ₹747.67 lakh and E-Vehicles at ₹496.99 lakh.

Dividend Declaration

The Board of Directors recommended a dividend of 60%, or ₹3 per share, for the financial year 2025-26 on equity shares of ₹5 each. This declaration is subject to the approval of the shareholders. The company's paid-up equity share capital remained constant at ₹170 lakh for the period under review.

Auditor's Report

M/s. P G Bhagwat LLP, Chartered Accountants, audited the standalone financial results and issued an unmodified opinion. The auditors confirmed that the results give a true and fair view of the company's financial performance in conformity with the recognition and measurement principles laid down in the applicable accounting standards.