Kranti Industries reported a consolidated revenue of approximately ₹101.80 crore for FY26, marking a 28.6% increase from ₹79.19 crore in the previous fiscal year. This growth pushed the company past the ₹100 crore milestone for the first time since its inception.

The company’s profitability also improved significantly. Standalone Profit After Tax (PAT) rose to approximately ₹2.59 crore in FY26, reversing a loss of approximately ₹0.75 crore in FY25. At the consolidated level, PAT stood at approximately ₹1.56 crore, indicating a return to profitability across the group.

Financial performance highlights

The improvement in bottom-line performance was driven by operational efficiency and better capacity utilization. Standalone EBITDA grew by approximately 63.7% to reach ₹12.44 crore, with EBITDA margins expanding to approximately 13.3%.

Sector-wise revenue contribution

The Tractor segment remained the primary revenue driver, contributing approximately 64.7% of total revenue. The Construction Equipment business followed with a 15.4% share, while the Electric Vehicle segment accounted for 5.3%.

Emerging segments showed early traction:

• Agricultural Implements: 0.6%
• Commercial Vehicles: 1.2%
• New Product Development: 1.3%

Strategic expansions and new ventures

During FY26, Kranti Industries commissioned its fourth manufacturing facility in Jaipur, Rajasthan. The 35,160 square feet plant commenced commercial operations in January 2026 and is currently in the ramp-up phase, focusing on process stabilization and quality integration.

The company also formed a strategic joint venture, KRAKO Precision Private Limited, with the Kores Group. This partnership is establishing a precision machining facility in Halol, Gujarat, equipped with advanced CNC centers and automation to serve domestic and global OEMs.

Additionally, Kranti Industries entered the defence sector through engagements with Armored Vehicles Nigam Limited (AVNL), marking a strategic diversification into high-value engineering applications.

What the numbers show

The divergence between standalone and consolidated PAT suggests that while the core entity is performing strongly, subsidiary operations may still be stabilizing or carrying initial setup costs. The significant jump in standalone EBITDA (63.7%) outpacing revenue growth (28.6%) indicates substantial operating leverage, likely driven by the increased contribution from value-added precision-engineered components and improved manufacturing efficiency.

Kranti Industries received a notice from State Bank of India under Section 13(2) of the SARFAESI Act regarding a corporate guarantee for its associate company, Preciso Metall Private Limited.

The lender has classified the debt as a non-performing asset due to irregular operations and default in loan instalment repayments by the associate.

Notice Details

The notice demands the discharge of ₹2,27,23,173.02 within 60 days from the date of issuance. The amount pertains to credit facilities availed by Preciso Metall, for which Kranti Industries provided a corporate guarantee.

Company Response

Kranti Industries stated it is reviewing the notice contents and evaluating legal remedies available to it. The company noted there is no immediate material financial impact on its operations.

Further developments will be disclosed to stock exchanges as per SEBI LODR Regulations.