Kaira Can Company Reports Mixed Q2 Results, Initiates Director Appointment Process

Kaira Can Company Limited has released its unaudited financial results for the quarter and half-year ended September 30, 2025, revealing a mixed performance across its business segments. The company also announced plans to seek shareholder approval for a new director appointment.

Financial Performance

For Q2 FY2026, Kaira Can reported:

Metric	Q2 FY2026	Q2 FY2025	YoY Change
Total Income	5,579.38	5,358.55	+4.12%
Net Profit	39.68	50.25	-21.03%
EPS (Basic & Diluted)	4.30	5.45	-21.10%

The company's total income saw a modest increase of 4.12% year-over-year, rising from Rs. 5,358.55 lakhs in Q2 FY2025 to Rs. 5,579.38 lakhs in Q2 FY2026. However, net profit declined by 21.03%, dropping from Rs. 50.25 lakhs to Rs. 39.68 lakhs over the same period.

Segment Performance

Kaira Can's business is divided into two main segments:

Tin Containers: This segment generated revenue of Rs. 5,476.40 lakhs in Q2 FY2026, contributing the majority of the company's income. The segment result was positive at Rs. 124.78 lakhs.
Ice-Cream Cones (Waffles & Wafers): This segment reported revenue of Rs. 97.65 lakhs but posted a loss of Rs. 42.70 lakhs for the quarter.

Corporate Actions

The Board of Directors has approved initiating a postal ballot process to seek shareholder approval for the appointment of Mr. Dhiraj Kumar Chaudhary as a Non-Executive Director. Mr. Chaudhary is nominated by Gujarat Co-operative Milk Marketing Federation Limited (GCMMF Limited) and will be liable to retire by rotation if appointed.

Balance Sheet Highlights

As of September 30, 2025:

Total Assets: Rs. 12,559.97 lakhs
Total Equity: Rs. 8,944.36 lakhs
Current Liabilities: Rs. 3,362.47 lakhs

Auditor's Review

G D Apte & Co, the company's statutory auditors, have conducted a limited review of the financial results and expressed an unmodified opinion, stating that nothing has come to their attention that causes them to believe the financial statements are not prepared in accordance with applicable accounting standards and regulations.

While Kaira Can Company has shown resilience in its tin container segment, challenges persist in its ice cream cones business. The company's efforts to strengthen its board through the proposed director appointment may be aimed at addressing these mixed results.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.98%	-3.12%	-3.13%	-13.65%	-17.34%	+23.21%

Kaira Can Company Limited , a prominent player in the packaging industry, has announced a significant change to its board of directors. The company has appointed Shri. Dhiraj Kumar Chaudhary as an Additional Director, effective October 16, 2025. This appointment marks an important development in the company's governance structure.

Key Details of the Appointment

Aspect	Details
Appointee	Shri. Dhiraj Kumar Chaudhary
Position	Additional Director
Effective Date	October 16, 2025
DIN	11343722
Nomination	Nominee of Gujarat Cooperative Milk Marketing Federation Limited

Professional Background

Shri. Dhiraj Kumar Chaudhary brings a wealth of experience and expertise to his new role at Kaira Can Company. His educational background and professional experience are particularly noteworthy:

Qualification/Experience	Details
Age	51 years
Educational Qualifications	- B Tech (D) from College of Dairy Science, Udaipur (Affiliated to Rajasthan Agriculture University, Bikaner)

M. Tech (D.T.) from Anand Agriculture University (AAU), Anand, Gujarat | | Current Position | Managing Director (on deputation) at Mehsana District Cooperative Milk Producers Union Ltd., Mehsana (Dudhsagar Dairy) | | Expertise | Strong experience in managing technical operations, executing projects, and planning strategies in dairy processing and production |

Implications for Kaira Can Company

The appointment of Shri. Chaudhary as an Additional Director, particularly as a nominee of Gujarat Cooperative Milk Marketing Federation Limited, suggests a strategic move by Kaira Can Company. His extensive experience in the dairy industry, coupled with his technical expertise, may bring valuable insights to the company's operations, especially in areas related to packaging for dairy products.

This appointment aligns with the company's commitment to strengthening its board with diverse and experienced professionals. Shri. Chaudhary's background in managing technical operations and executing projects could potentially contribute to Kaira Can Company's strategic planning and operational efficiency.

The company made this announcement in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency in corporate governance underscores Kaira Can Company's commitment to keeping its shareholders and the market informed about significant changes in its leadership structure.

As Kaira Can Company continues to evolve in the competitive packaging industry, the addition of Shri. Dhiraj Kumar Chaudhary to its board may signal the company's focus on leveraging industry-specific expertise to drive growth and innovation in its operations.