Kundan Edifice FY26 net profit rises to ₹777.32 lakh

1 min read     Updated on 29 May 2026, 12:41 PM
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Reviewed by
Suketu GScanX News Team
AI Summary

Kundan Edifice Limited reported a net profit of ₹777.32 lakh for FY26, up from ₹775.59 lakh in the previous year, with revenue rising to ₹10,514.55 lakh. The Board approved the audited standalone financial results with an unmodified opinion from the statutory auditor. The company also disclosed a pending legal suit regarding a land purchase advance and an approved name change to Visdem Technosys Limited.

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Kundan Edifice Limited reported a net profit of ₹777.32 lakh for the financial year ended March 31, 2026, a marginal increase from ₹775.59 lakh in the previous year. Revenue from operations grew to ₹10,514.55 lakh for FY26, up from ₹9,819.71 lakh in FY25, driven by the company's manufacturing of LED lights. The Board of Directors approved the audited standalone financial results for the half and year ended March 31, 2026, at a meeting held on May 28, 2026.

The statutory auditor, Valawat & Associates, issued an unmodified opinion on the annual financial results. Total income for the year stood at ₹10,545.38 lakh, while total expenses increased to ₹9,506.43 lakh from ₹8,812.17 lakh in the prior year. Earnings per equity share (basic and diluted) improved to ₹7.57 for FY26 from ₹7.55 in FY25.

Financial Performance

The company's profit before tax for FY26 was ₹1,038.95 lakh, slightly lower than the ₹1,053.22 lakh recorded in the previous year. Finance costs rose to ₹409.37 lakh from ₹303.50 lakh in FY25. The statement of assets and liabilities showed total assets of ₹9,984.74 lakh as of March 31, 2026, compared to ₹8,109.81 lakh a year earlier.

Particulars Year Ended March 31, 2026 (₹ In Lakhs) Year Ended March 31, 2025 (₹ In Lakhs)
Revenue from Operations 10,514.55 9,819.71
Total Income 10,545.38 9,865.39
Total Expenses 9,506.43 8,812.17
Profit Before Tax 1,038.95 1,053.22
Net Profit 777.32 775.59

Key Disclosures

The company disclosed that it has filed a civil suit against Kundan Industries Limited to recover an advance of ₹6 Crores paid towards land purchase. A status quo order has been granted by the court. Additionally, the Board and shareholders have approved changing the company name from Kundan Edifice Limited to Visdem Technosys Limited, and the name has been reserved with the Registrar of Companies.

Cash and cash equivalents decreased to ₹22.58 lakh as of March 31, 2026, from ₹119.71 lakh in the previous year. The trading window for dealing in the company's securities will remain closed until May 30, 2026.

Historical Stock Returns for Kundan Edifice

1 Day5 Days1 Month6 Months1 Year5 Years
-2.35%-2.30%+2.41%-29.02%-37.61%+7.94%

How will the significant rise in finance costs impact the company's profit margins in the upcoming fiscal year?

What strategic rationale drives the rebranding to Visdem Technosys Limited, and how will it affect market positioning?

Does the drastic reduction in cash and cash equivalents raise concerns about liquidity for future operational needs?

Kundan Edifice onboards V-Guard Industries as strategic customer

1 min read     Updated on 26 May 2026, 09:56 AM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Kundan Edifice Limited has successfully onboarded V-Guard Industries Limited as a strategic customer, executing necessary agreements to supply lighting and electronics products. The company has secured initial order schedules for June 2026, marking a key milestone in its customer expansion strategy within the lighting segment.

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Kundan Edifice Limited has completed onboarding formalities with V-Guard Industries Limited, including the execution of a Non-Disclosure Agreement (NDA) and a Supplier Agreement. This strategic partnership enables the company to supply lighting and electronics products, specifically Rope Lights, Strip Lights, and Rectifiers. The company has received initial order schedules for supplies scheduled during June 2026, marking a significant development in its customer expansion initiatives within the lighting segment.

The onboarding process was formalized under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The agreement reflects the company's growing engagement with established brands in the electrical and consumer products industry. This move is expected to strengthen the company's presence in the lighting and electronics product segment.

Details of the Agreement

The following table outlines the key particulars of the onboarding and order details:

Sr. No. Particulars Details
1 Nature of the event Update on customer onboarding and receipt of order schedules
2 Name of customer V-Guard Industries Limited
3 Details of onboarding Execution of NDA and Supplier Agreement
4 Product categories Rope Lights (HV Flex), Strip Lights (LV Flex), and Rectifiers
5 Supply schedule Supplies scheduled during June 2026
6 Brief details and impact Reflects expansion of customer base and continued business engagement in the Company's lighting and electronics product segment

The intimation was submitted to the National Stock Exchange of India Limited on May 25, 2026, by Divyansh Mukesh Gupta, Managing Director of Kundan Edifice Limited. The company's registered office is located at A-201, 2nd Flr, Prime Trade Centre, Above Model Co-Op Bank, Sativali, Vasai East, Palghar - 401208.

Historical Stock Returns for Kundan Edifice

1 Day5 Days1 Month6 Months1 Year5 Years
-2.35%-2.30%+2.41%-29.02%-37.61%+7.94%

What is the estimated revenue contribution from the V-Guard order scheduled for June 2026?

Does the company plan to expand its product portfolio for V-Guard beyond the initial three categories?

How will this partnership impact Kundan Edifice's profit margins given the supplier agreement terms?

More News on Kundan Edifice

1 Year Returns:-37.61%