Krishca Strapping Solutions FY26 revenue rises 56.6% to ₹2,336 crore

Krishca Strapping Solutions reported a 56.6% rise in revenue from operations to ₹23,365 lakh for the financial year ended March 31, 2026, compared to ₹14,920 lakh in the previous year. The company’s EBITDA for FY26 stood at ₹3,012 lakh, a growth of 24.01% from ₹2,429 lakh in FY25, while Return on Capital Employed (ROCE) improved to 14.36%. The Board approved the audited standalone and consolidated financial results for the year and half-year ended March 31, 2026, during a meeting held on May 30, 2026.

Financial Performance

The company’s total income for FY26 reached ₹23,522.20 lakh, up from ₹15,108.37 lakh in FY25. Total expenses increased to ₹21,915.49 lakh from ₹13,510.36 lakh in the prior year. Profit before tax for the year was ₹1,606.72 lakh. Net profit for the period stood at ₹1,160.57 lakh, while earnings per share (EPS) on a basic basis were recorded at ₹7.99. The auditors, LVA & Associates, provided an unmodified opinion on the financial results.

Metric (₹ in Lakhs)	FY26	FY25
Revenue From Operations	23,365	14,920
Total Income	23,522.20	15,108.37
Total Expenses	21,915.49	13,510.36
Profit Before Tax	1,606.72	1,598.01
Net Profit	1,160.57	1,174.34
Basic EPS (₹)	7.99	8.65
EBITDA	3,012	2,429
ROCE (%)	14.36%	10.64%

Strategic Expansion and Order Book

Krishca Strapping Solutions is advancing its 60,000 TPA Cold Rolling Complex, expected to commence commercial production by the end of August 2026. The facility will produce precision gauge stainless steel strips, high-carbon and hardened & tempered strips, and automotive and engineering grade cold rolled strips. Additionally, the company incorporated Vajra Alloys Private Limited, a wholly owned subsidiary focused on manufacturing superalloys and advanced alloy materials for the aerospace, defence, and energy sectors. As of March 31, 2026, the company’s order book stood at approximately ₹300 crore.

Capital Allocation and Auditor Appointment

The Board appointed M/s N. Sivashankaran & Co., Cost Accountant, as the Cost Auditor for the financial year 2026-27. The company confirmed that it had fully utilized the proceeds of ₹11,49,25,037 raised through the preferential issue of convertible warrants. The funds were allocated towards the expansion of manufacturing facilities and working capital requirements, with no deviation reported from the stated objectives.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.71%	-1.64%	-3.01%	-1.31%	-33.34%	+17.41%

Krishca Strapping Solutions Limited has raised ₹43.72 crore through the preferential allotment of warrants to promoters and equity shares to non-promoters. The Preferential Issue Committee of the Board of Directors approved the issuance on June 02, 2026, increasing the company's undiluted paid-up equity share capital to ₹15,92,77,500.

The committee approved the allotment of 10,30,044 Fully Convertible Warrants at an issue price of ₹233 per warrant. The total aggregate amount for the warrants stands at ₹24,00,00,252, payable upon receipt of 25% of the subscription amount from the allottees. These warrants were issued exclusively to the Promoter and Promoter Group category.

Warrant Allotment to Promoters

The preferential allotment of warrants was distributed between two promoters:

Sr. No.	Name of the Allottee	Category	Warrants Allotted
1.	L Balamanikandan	Promoter	5,15,022
2.	N Saraladevi	Promoter	5,15,022
Total			10,30,044

In addition to the warrants, the company allotted 10,37,750 Equity Shares with a face value of ₹10 each to the Non-Promoter category. These shares were issued at a price of ₹190 per share, aggregating to ₹19,71,72,500. The allotment was made to a diverse group of 42 investors, including individuals and entities such as Atul Vrajlal Lotia, Harshil Hitendra Sutaria, and SNPB Infrastructure Private Limited.

Equity Share Allotment to Non-Promoters

The equity shares were allotted to the following non-promoter investors:

Sr. No.	Name of the Allottee	Category	No. of Equity Shares Allotted
1.	Atul Vrajlal Lotia	Non-Promoter	13,000
2.	Harshil Hitendra Sutaria	Non-Promoter	13,000
3.	Nitik Agarwal HUF	Non-Promoter	10,500
4.	Afshan Amjat Khan	Non-Promoter	61,000
5.	Anil Pravinbhai Patel	Non-Promoter	15,500
6.	Ashok Devendra Goyal	Non-Promoter	30,500
7.	Deepesh Keshav Paradkar	Non-Promoter	10,000
8.	Kailash Kumar Mundhra	Non-Promoter	15,500
9.	Namishka Venture LLP	Non-Promoter	15,500
10.	Naranbhai patel	Non-Promoter	13,000
11.	Priti Milan Doshi	Non-Promoter	52,500
12.	Krshnavi Trendz	Non-Promoter	31,500
13.	Shelke Santosh Sheshrao	Non-Promoter	26,500
14.	Shefali Mahesh Agarwal	Non-Promoter	10,500
15.	Nitin Kumar Agarwal	Non-Promoter	15,500
16.	Agam Vijaybhai Vadecha	Non-Promoter	6,750
17.	Manasi Harshil Sutaria	Non-Promoter	26,500
18.	Lalit Kumar Agarwal	Non-Promoter	15,500
19.	Manju Kumar	Non-Promoter	29,500
20.	Swayam Kumar	Non-Promoter	14,500
21.	Saksham Kumar	Non-Promoter	14,500
22.	Preeti Saini	Non-Promoter	9,000
23.	Megha Harshadbhai Nathwani	Non-Promoter	11,000
24.	SNPB Infrastructure Private Limited	Non-Promoter	63,000
25.	Meena Devi	Non-Promoter	31,500
26.	Sarita Rahul Bansal	Non-Promoter	63,000
27.	Panoramic Education Private Limited	Non-Promoter	15,500
28.	Krijuna Wealth LLP	Non-Promoter	31,500
29.	Nareshkumar Mahasukhlal Mehta (HUF)	Non-Promoter	13,500
30.	Abhishek Ashok Jain	Non-Promoter	31,500
31.	Ketan Kirtikumar Shah	Non-Promoter	15,500
32.	Sandeep Jindal	Non-Promoter	15,500
33.	Sunil abar HUF	Non-Promoter	26,500
34.	Hemanth Thanmal HUF	Non-Promoter	26,500
35.	D Sunil Kumar	Non-Promoter	26,500
36.	D Rishab Singhvi	Non-Promoter	26,500
37.	Ninedot fortune Builders LLP	Non-Promoter	52,500
38.	Shrenik Raj V Mardia	Non-Promoter	39,500
39.	Namitha Lunawat	Non-Promoter	18,500
40.	Kusum R Hirani	Non-Promoter	26,500
41.	Pushpa Kumari	Non-Promoter	26,500
42.	Jayaram K Iyer	Non-Promoter	26,500
Total			10,37,750

Following the allotment, the company's paid-up equity share capital now comprises 1,59,27,750 Equity Shares of ₹10 each. The meeting of the Preferential Issue Committee commenced at 02:45 PM and concluded at 3:00 PM on June 02, 2026.