Krishna Defence & Allied Industries Limited reported a strong financial performance for the quarter and year ended March 31, 2026, driven by robust execution in the defence manufacturing segment. For Q4FY26, revenue from operations increased 42.2% year-over-year to INR648 million, while net profit surged 72.9% to INR128 million. On an annual basis, the company recorded a revenue of INR2,448 million for FY26, a growth of 29.1% over the previous year, with net profit rising 85.6% to INR413 million. The operating margins improved significantly, with EBITDA for the year increasing 69.9% to INR520 million.

Financial Performance Highlights

The company’s standalone financial results for the quarter and year ended March 31, 2026, reflect substantial growth across key metrics. The Board of Directors had approved the audited financial results during its meeting held on May 20, 2026. The following table summarizes the key standalone financial metrics:

Operational and Strategic Updates

During Q4FY26, the company secured a developmental design order in partnership with DRDO for aircraft arresting gear systems, a product previously imported. The product range for armoured steel profiles was expanded from 17 to 26 variants. The company achieved AS9100D certification for its aviation, space, and defence quality management system and secured IRS certification for commercial shipbuilding bulb bars, adding to its existing DNV and ABS certifications.

Infrastructure developments included the acquisition of an adjoining 50,000 sq. ft. plot in Halol for future capacity expansion. The company created a liquid reserve of INR650 million through fixed deposits to strengthen liquidity. Additionally, the company successfully migrated to the Main Board of NSE in December 2025, reinforcing governance standards.

Order Book and Future Outlook

As on March 31, 2026, the company maintained a strong order book of INR1,034 million and a tender pipeline of INR2,210 million. Management expressed confidence in achieving a growth rate of 30% plus for the next few years, supported by the existing product mix and new naval projects. The company is also developing India's largest Autonomous Underwater Vehicle (AUV) in partnership with the Navy and DRDO and has signed an MoU with the Ministry of Steel for developing strategic steel under the PLI scheme.

Board Decisions and Dividend

The Board of Directors recommended a final dividend of INR1.25 per equity share of INR10 each, representing 12.5%, for the financial year 2025-26, subject to shareholder approval. Additionally, the Board approved the re-appointment of Mr. Jaykumar Toshniwal and Mr. Divyakant Zaveri as Independent Directors for a second term of five consecutive years effective from August 23, 2026. M/s Zarna Thakar Associates was appointed as Cost Auditor and M/s Niket Shah & Associates as Internal Auditor for FY26-27.

Krishna Defence & Allied Industries Limited has notified the National Stock Exchange of India regarding the retirement of Mr. Ravindranath Maroli, General Manager - Head Operations for the Dairy Division, who held the position of Senior Management Personnel at the company. The disclosure was made in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as well as SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Mr. Maroli has ceased to be a Senior Management Personnel with effect from the close of business hours of May 13, 2026.

Retirement Details

The following details have been disclosed by the company in accordance with the applicable regulatory requirements:

Regulatory Compliance

The intimation was submitted by Ankur Ashwin Shah, Managing Director (DIN: 01166537), on behalf of Krishna Defence and Allied Industries Limited. The filing fulfils the company's disclosure obligations under the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, ensuring transparency with respect to changes in Senior Management Personnel.