Kranti Industries has announced that its register of members and share transfer books will remain closed from Tuesday, September 22, 2026, to Monday, September 28, 2026. This closure is to determine the record of shareholders eligible to attend the company's 31st Annual General Meeting (AGM).
The intimation was filed with BSE Limited on September 2, 2026, pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sampada Shekhar Barsawade, Company Secretary and Compliance Officer, confirmed the dates in the regulatory filing.
Financial Performance
FY2025-26 marked a landmark year for the precision-engineering company, with consolidated revenue crossing ₹100 crore for the first time in its history. The company also returned to profitability at both standalone and consolidated levels after reporting a loss in FY2024-25.
The following table summarises the standalone and consolidated financial performance for FY2025-26 versus FY2024-25 (₹ in lakhs):
| Particulars |
Standalone FY26 |
Standalone FY25 |
Consolidated FY26 |
Consolidated FY25 |
| Revenue from Operations |
9,388.44 |
7,221.19 |
10,044.63 |
7,848.56 |
| Total Revenue |
9,559.91 |
7,308.08 |
10,179.81 |
7,918.54 |
| EBITDA |
1,244.26 |
760.03 |
1,172.79 |
568.23 |
| Profit/(Loss) Before Tax |
346.26 |
(113.57) |
201.35 |
(445.42) |
| Profit/(Loss) After Tax |
259.47 |
(75.39) |
155.85 |
(308.41) |
On a standalone basis, gross revenue stood at ₹93.88 crore with EBITDA of ₹12.44 crore and net profit of ₹2.60 crore. Consolidated revenue stood at ₹101.80 crore, while consolidated EBITDA reached ₹11.73 crore. Consolidated ROCE was 5.90% and the debt-to-equity ratio stood at 1.09.
Key Financial Ratios (Standalone)
| Ratio |
FY26 |
FY25 |
| Current Ratio (times) |
1.02 |
1.09 |
| Debt-Equity Ratio (times) |
0.91 |
0.87 |
| Interest Coverage Ratio (times) |
1.92 |
0.66 |
| Net Profit Margin (%) |
0.03 |
(0.01) |
| Return on Average Net Worth (%) |
0.06 |
(0.02) |
Historical Revenue and Profitability Trends (Standalone, ₹ in lakhs)
| Fiscal Year |
Revenue |
EBITDA Margin (%) |
PAT |
| FY22 |
9,183.28 |
9.4 |
210.36 |
| FY23 |
9,139.73 |
10.1 |
206.38 |
| FY24 |
8,333.14 |
12.4 |
111.04 |
| FY25 |
7,221.19 |
10.5 |
(75.40) |
| FY26 |
9,388.40 |
13.3 |
259.50 |
Strategic Milestones in FY2025-26
Several strategic developments defined the year:
- Fourth manufacturing facility commissioned: Plant 4 at Sargoth, Rajasthan (approximately 35,160 sq. ft.) commenced commercial operations on January 1, 2026, and was operating at approximately 55% capacity utilisation. The facility is equipped with more than 45 advanced CNC machines.
- Defence sector entry: The company entered the defence sector through business engagements with Armoured Vehicles Nigam Limited (AVNL).
- Joint venture incorporated: KRAKO Precision Private Limited, a joint venture with the Kores Group, was incorporated in October 2025 for machining of critical casting components. The company invested ₹87.50 lakhs for a 35% equity stake. The Phase 1 facility at Halol, Gujarat commenced commercial production from Q1 of FY2026-27.
- Preciso Metall disinvestment: The company transferred 8,00,000 equity shares of Preciso Metall Private Limited, reducing its stake from 59.84% to 47.66%, causing Preciso Metall to cease being a subsidiary and become an associate with effect from March 27, 2026.
- Share capital increase: The paid-up share capital increased from ₹12,51,04,000 to ₹12,76,04,000 following allotment of 2,50,000 equity shares upon conversion of convertible warrants at ₹80 per share.
Revenue Mix and Operational Highlights
Kranti Industries serves customers across automotive (69.05%), construction (14.11%), industrial (13.86%), infrastructure (2.95%), and defence (0.02%) segments. The company operates four manufacturing facilities with more than 120 advanced CNC and multi-axis machining centres and reported a total workforce of 507 employees with an employee retention rate of 98.06%.
During FY2025-26, the company developed and commercialised 12 new products, with another 15 at various stages of development. Nearly 90% of production lines at the Pune facilities are digitally connected under Smart Factory initiatives. Foreign exchange earnings for the year amounted to approximately ₹397.97 lakhs.
AGM and Corporate Actions
The 31st AGM is scheduled for September 28, 2026, at 3:30 pm at the company's registered office in Pirangut, Pune. Key resolutions include adoption of standalone and consolidated financial statements, re-appointment of Smt. Indubala Subhash Vora (DIN: 02018226) as a director retiring by rotation, revision in remuneration of Mr. Sachin Subhash Vora (DIN: 02002468) as Chairman & Managing Director and Mr. Sumit Subhash Vora (DIN: 02002416) as Whole-Time Director, and approval for mortgage creation and borrowing limits up to ₹300 crore. The e-voting period runs from September 24 to September 27, 2026.
The statutory audit was conducted by M/s. GMCS & Co., Chartered Accountants, who issued an unmodified opinion on both standalone and consolidated financial statements. The secretarial audit was undertaken by M/s. H. J. Patel & Co., Company Secretaries.
16
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
