Kranti Industries Ltd has secured board approval to avail an additional Working Capital Term Loan Facility from HDFC Bank Ltd under the Emergency Credit Line Guaranteed Scheme (ECLGS). The decision was taken during a meeting of the Board of Directors held on June 13, 2026. This move is intended to support the company's working capital needs via the government-backed credit guarantee scheme.

The board meeting commenced at 12:30 PM IST and concluded at 12:50 PM IST. The approval of the loan facility was a key agenda item discussed during the brief session. The ECLGS scheme provides a guarantee coverage to lenders, enabling them to extend additional credit to businesses impacted by economic disruptions.

Key Details of the Approval

The following table summarizes the key details of the board approval:

The filing was submitted to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made by Sampada Shekhar Barswade, Company Secretary and Compliance Officer of Kranti Industries Limited.

Kranti Industries Limited returned to profitability in FY26, reporting a standalone net profit of ₹259.47 crore compared to a net loss of ₹75.39 crore in the previous year. The company’s revenue from operations increased to ₹9,388.44 crore from ₹7,221.19 crore in FY25. On a consolidated basis, the net profit stood at ₹155.85 crore against a net loss of ₹308.41 crore, with total revenue rising to ₹10,044.63 crore. The results were audited by the statutory auditor and approved by the Board on May 29, 2026.

The turnaround was driven by a 63.7% growth in standalone EBITDA to ₹1,244.3 lakh, with margins expanding to 13.3%. The company commissioned its fourth manufacturing facility in Jaipur in January 2026, adding 35,160 sq. ft. of machining capacity. Strategic developments included the disinvestment of 8 lakh equity shares in Preciso Metall Private Limited for ₹80 lakh, transitioning the entity to an associate, and the acquisition of a 35% stake in Krako Precision Private Limited. The company also entered the defence sector by securing orders from Armoured Vehicles Nigam Limited (AVNL).

Financial Performance

For the quarter ended March 31, 2026, the standalone financial results showed a net loss of ₹10.84 crore, with revenue from operations at ₹2,931.40 crore. On a consolidated basis, the net loss for the quarter was ₹26.05 crore, with revenue from operations at ₹3,023.13 crore.

Corporate Developments

During the year, the company ceased to exercise control over Preciso Metall Private Limited due to a change in shareholding effective March 27, 2026. Consequently, the entity was deconsolidated from the financial statements and treated as an associate. Additionally, the group acquired a 35% equity stake in Krako Precision Private Limited on October 22, 2025, classifying it as an associate. The merger of Wonder Precision Private Limited with the company was approved by the National Company Law Tribunal, with comparative figures restated to reflect the merger.

Earnings Conference Call

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Kranti Industries Limited concluded an earnings conference call with analysts and institutional investors on June 02, 2026. The call was held to discuss the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. Mr. Sachin Subhash Vora, Chairman and Managing Director, and Mr. Sumit Subhash Vora, Whole Time Director, represented the company during the session, which included a briefing on business performance and a question-and-answer session.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE911T01010/47e83f25-5165-4c68-bf83-b4c019e3aebb.pdf