Kamdhenu Ventures Reports Q3FY26 Results and Approves Rs 20.16 Crore Warrant Issue
Kamdhenu Ventures Limited announced Q3FY26 financial results showing consolidated revenue of Rs 6,323.20 lakhs and net profit of Rs 99.13 lakhs, compared to Rs 7,404.70 lakhs revenue and Rs 198.76 lakhs profit in Q3FY25. The board approved a Rs 20.16 crore warrant issue to promoter group and increased authorized capital by Rs 5 crore, with shareholder approval scheduled for March 13, 2026.

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Kamdhenu Ventures Limited announced its Q3FY26 financial results for the quarter ended December 31, 2025, alongside significant corporate developments approved by the board of directors in their meeting held on February 12, 2026. The company reported mixed performance with consolidated operations showing positive results while standalone operations recorded losses.
Financial Performance Overview
The company's consolidated financial results for Q3FY26 demonstrated operational strength in its paint business segment. Key financial metrics for the quarter and nine-month period reflect the company's business performance across different operational areas.
| Metric: | Q3FY26 | Q3FY25 | Nine Months FY26 | Nine Months FY25 |
|---|---|---|---|---|
| Consolidated Revenue | Rs 6,323.20 lakhs | Rs 7,404.70 lakhs | Rs 17,025.86 lakhs | Rs 18,334.02 lakhs |
| Consolidated Net Profit | Rs 99.13 lakhs | Rs 198.76 lakhs | Rs 287.57 lakhs | Rs 477.65 lakhs |
| Standalone Net Loss | Rs (19.31) lakhs | Rs (10.33) lakhs | Rs (55.28) lakhs | Rs (42.39) lakhs |
| Earnings Per Share (Consolidated) | Rs 0.03 | Rs 0.06 | Rs 0.09 | Rs 0.15 |
Warrant Issue and Capital Raising
The board approved a significant fundraising initiative through the issuance of convertible warrants to the promoter group. This strategic move aims to strengthen the company's financial position and support future growth plans.
| Parameter: | Details |
|---|---|
| Number of Warrants | Up to 2,96,45,000 |
| Issue Price per Warrant | Rs 6.80 |
| Total Amount | Rs 20,15,86,000 |
| Allottee | Kamdhenu Limited (Promoter Group) |
| Conversion Period | 18 months from allotment |
| Post-Conversion Shareholding | 8.62% |
Each warrant carries the right to subscribe to one equity share of Re. 1 each at the issue price of Rs 6.80 per warrant, including a premium of Rs 5.80. The relevant date for determining the floor price was February 11, 2026, in accordance with SEBI regulations.
Authorized Capital Enhancement
To facilitate the warrant issue, the board approved increasing the company's authorized share capital by Rs 5 crore. The revised capital structure will comprise:
- Equity Share Capital: Rs 37,00,00,000 divided into 37,00,00,000 equity shares of Re. 1 each
- Preference Share Capital: Rs 4,50,00,000 divided into 45,00,000 preference shares of Rs 10 each
- Total Authorized Capital: Rs 41,50,00,000
Shareholder Approval Process
The warrant issue and capital structure changes require shareholder approval through an extraordinary general meeting. Key dates and arrangements include:
| Parameter: | Details |
|---|---|
| EGM Date | March 13, 2026 |
| Meeting Mode | Video Conference/Audio-Visual |
| Cut-off Date | February 13, 2026 |
| Scrutinizer | Chandrasekaran Associates, Company Secretaries |
Segment Performance Analysis
The company operates through two main segments - the company segment and the paint segment. The paint segment contributed significantly to consolidated performance with revenue of Rs 6,333.80 lakhs in Q3FY26 and segment profit of Rs 165.62 lakhs. The paint segment's nine-month revenue reached Rs 17,057.53 lakhs with segment profit of Rs 472.33 lakhs.
Regulatory Compliance and Disclosures
The financial results were reviewed by the audit committee and approved by the board of directors. DSP & Associates, Chartered Accountants, conducted limited reviews of both standalone and consolidated results, issuing unmodified reports. The company maintains compliance with SEBI listing regulations and has disclosed all material information regarding the warrant issue and financial performance on relevant platforms including company and stock exchange websites.
The board meeting commenced at 01:15 P.M. (IST) and concluded at 03:20 P.M. (IST) on February 12, 2026, with all matters being duly approved and recommended for shareholder consideration where applicable.
Historical Stock Returns for Kamdhenu Ventures
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.80% | -10.16% | -22.54% | -45.84% | -63.00% | -73.82% |






























