Latest news about Khadim
Khadim
105.10
-1.20(-1.13%)
Company Performance:
View Company Insights1D-1.13%
1M+4.98%
6M-42.68%
1Y-58.38%
5Y-59.98%
More news about Khadim
09Jun 26
Khadim India to transfer unclaimed dividend to IEPF by September 2026
Khadim India Limited announced it will transfer unclaimed dividends and equity shares for the financial year 2018-19 to the IEPF Authority on September 11, 2026. Shareholders with unclaimed dues for seven or more years must submit claims by August 24, 2026, to prevent their demat accounts from being debited.
02Jun 26
Khadim India targets FY27 recovery after FY26 revenue decline
Khadim India Limited reported a 12% decline in FY26 revenue to INR367.1 crores amidst muted demand, with PAT at INR3.1 crores. Q4 revenue stood at INR83.6 crores. The company completed a demerger into KSR Footwear Limited and targets INR400 crores revenue and a 14% EBITDA margin in FY27, driven by premiumization and inventory correction.
28May 26
Khadim India FY26 net profit falls 39.6% to ₹31.4 million
Khadim India reported a 39.6% decline in FY26 net profit to ₹31.4 million, driven by a 12.2% drop in revenue to ₹3,671 million and a 550 basis point contraction in gross margins. The results include an exceptional item of ₹18.20 million related to new Labour Codes and reflect the demerger of the distribution business.
14May 26
High Court of Punjab and Haryana Confirms Arbitral Award in Favour of Khadim India Limited
The Hon'ble High Court of Punjab and Haryana, Chandigarh, vide its order dated May 05, 2026, confirmed the Arbitral Award dated June 27, 2022, in favour of Khadim India Limited, rejecting the District Court at Mohali's order of August 16, 2023, which had set aside the award. The dispute involved withholding of receivables of ₹ 32,00,00,000/- (approx.) and forfeiture of Performance Bank Guarantees by Samagra Shiksha Abhiyan Authority (SSAA), Punjab. The Arbitral Award had entitled Khadim India to ₹ 31,96,86,729/- with interest @ 9% p.a., refund of Performance Bank Guarantees of ₹ 1,50,00,000/- and ₹ 35,00,000/- with interest @ 4.5% p.a., plus proportionate Cost of Arbitration. The Company disclosed this development to the stock exchanges on May 13, 2026, under Regulation 30 of SEBI (LODR) Regulations, 2015.
07Apr 26
Khadim India Limited Announces Resignation of Independent Director Mrs. Upama Mukherjee
Khadim India Limited announced the resignation of Independent Director Mrs. Upama Mukherjee, effective April 06, 2026, citing personal reasons. She will also step down from the Audit Committee and Nomination & Remuneration Committee. The company has confirmed compliance with SEBI regulations and disclosed that there are no material reasons beyond personal grounds for the resignation.
02Apr 26
Khadim India Limited Announces Retirement of Senior Management Personnel
Khadim India Limited has announced the retirement of Mr. Saibal Banerjee, General Manager – Administration, effective April 01, 2026. The disclosure was made under Regulation 30 of SEBI Listing Regulations, with Mr. Banerjee classified as Senior Management Personnel. The company filed the required documentation with BSE and NSE, ensuring compliance with regulatory obligations for senior management changes.
16Feb 26
Khadim India Presents Q3FY26 Results and Business Strategy to Investors
Khadim India Limited presented Q3FY26 results to investors on February 16, 2026, showing revenue decline of 21.8% YoY to ₹862.37 million and quarterly net loss of ₹1.74 million. The company highlighted its position as India's second largest footwear retailer with 864 stores across 28 states and 4 union territories, operating an asset-light franchise model targeting middle-income consumers.
15Nov 25
Khadim India Reports Q2 Results: Revenue Dips, Margins Improve Amid GST Implementation
Khadim India Limited, a leading footwear retailer, reported mixed Q2 results with revenue challenges but improved margins. Revenue declined to ₹1,016.00 million, while gross profit margin improved to 47.1%. The company successfully implemented GST reduction across its 893-store network, expecting margin improvements. Product performance varied across price segments, with the below ₹500 category experiencing double-digit growth. E-commerce contribution improved from 1.3% in Q1 to 4% in Q2. The company is focusing on franchisee-operated stores and plans to open more Exclusive Brand Outlets while closing non-performing company-owned stores. Khadim India is actively working on reducing inventory levels and optimizing working capital. The distribution subsidiary, KSR Footwear Limited, is set to list on stock exchanges soon.
08Nov 25
Khadim India Reports Q2 FY26 Results Post Distribution Business Demerger
Khadim India Limited reported its Q2 and H1 FY26 financial results following a major corporate restructuring. The company completed the demerger of its Distribution Business to KSR Footwear Limited (KFL), effective from May 1, 2025, with an appointed date of April 1, 2025. KFL allotted 1,83,78,382 new equity shares to Khadim's shareholders on June 7, 2025. Khadim's ₹80.10 million investment in KFL was canceled as part of the process. The demerged business results are now reported as discontinued operations in the financial statements. The Board approved the results on November 7, 2025, and the company published advertisements in newspapers on November 8, 2025, to communicate the financial results to stakeholders.
07Nov 25
Khadim India Reports Mixed Q2 Results, Appoints New Internal Auditor
Khadim India Limited reported a significant decrease in revenue for Q2 FY2025-26, with operations revenue at Rs. 1,015.99 crore compared to Rs. 1,973.03 crore in the previous year. Despite revenue decline, the company posted a profit from continuing operations with basic EPS at Rs. 0.51. Half-yearly revenue stood at Rs. 2,139.94 crore. The company appointed Mr. Avijit Mukherjee, a Chartered Accountant with 21 years of experience, as the new Internal Auditor effective November 7, 2025.
26Aug 25
Khadim India Reports Muted Q1 Performance with 0.9% PAT Margin Amid Soft Demand
Khadim India Limited reported Q1 revenue of Rs. 957.00 million with a PAT of Rs. 8.60 million. The company faced challenges due to muted demand and unpredictable weather. Strategic initiatives include a partnership with Skechers, launch of an athleisure segment, focus on sub-brands, and expansion through the True Franchised Model. The company operates 884 stores and anticipates improved performance in the upcoming festive season.
19Aug 25
Khadim India Pursues Premiumisation and Expansion Strategy, Reports Q1 Results
Khadim India Limited, a leading footwear retailer, announced strategic growth plans focusing on premiumisation and geographic expansion. The company partnered with Skechers to offer premium footwear in select stores. With 884 branded retail stores across India, Khadim operates on an asset-light franchise model. Q1 financial results show revenue of ₹957.00 crore, gross profit of ₹456.40 crore, and PAT of ₹8.60 crore. The company aims to expand in southern and western markets, having completed the demerger of its distribution and manufacturing segments.
18Aug 25
Khadim India Reports Q1 Revenue Decline and Profit Slump Amid Retail Challenges
Khadim India Limited, India's second-largest footwear retailer, faced challenges in Q1 with revenue decreasing 8.1% to ₹957.00 million and profit after tax dropping 81.7% to ₹8.60 million year-over-year. Gross margin fell from 54.5% to 47.7%, while EBITDA margin decreased from 16.8% to 12.9%. The company maintains 884 retail stores across India, with 76% being franchise stores. Khadim has partnered with Skechers to sell their products in select stores and completed a demerger of its distribution and manufacturing segments.
12Aug 25
Khadim India Reports Q1 FY26 Results, Announces Office Relocation
Khadim India Limited reported consolidated revenue of Rs. 957.04 crore and profit from continuing operations of Rs. 8.62 crore for Q1 FY2025-26. The company's discontinued operations showed a loss of Rs. 45.29 crore. Khadim India also announced a change in its registered office address, effective August 12, 2025, relocating within Kolkata. The company maintains international operations through its subsidiary, Khadim Shoe Bangladesh Limited.
23Jun 25
Khadim India Outlines Cost Allocation Strategy for KSR Footwear Demerger
Khadim India Ltd, a leading footwear retailer, has released guidance on the cost allocation strategy for its upcoming demerger with KSR Footwear Ltd. The company aims to provide transparency to stakeholders regarding the financial implications of this corporate restructuring. The guidance offers insights into how costs will be distributed and accounted for during the demerger process, allowing investors and analysts to better assess the potential impact on Khadim India's financial statements post-demerger.
20May 25
Khadim India Reports Slight Revenue Growth, Profit Dip in Q4
Khadim India's Q4 financial results show a marginal 0.32% increase in revenue to 938.00 million rupees, but a 14.29% decrease in net profit to 9.00 million rupees. The company's income statement reveals a 4.18% year-over-year revenue growth to 164.60 crore rupees, while operating profit declined by 18.68%. The operating profit margin decreased from 11.66% to 9.24%, indicating operational challenges and potential cost pressures in the footwear sector.
21Apr 25
Khadim India's Demerger Plan Gets NCLT Approval, Set for April 1 Implementation
The National Company Law Tribunal (NCLT) has sanctioned Khadim India Limited's scheme of arrangement with KSR Footwear Limited on March 27, 2025. The company received the certified copy on April 21, 2025. The scheme, set to demerge Khadim's distribution business, will be effective upon meeting specified conditions. The Appointed Date for the demerger is mutually agreed as April 1, 2025. This restructuring is expected to streamline operations, enhance efficiency, and provide strategic flexibility for both entities.
28Mar 25
Khadim India's Restructuring Plan Gets NCLT Approval: Distribution Business to be Demerged
NCLT Kolkata has approved Khadim India Limited's corporate restructuring plan, sanctioning the demerger of its distribution business into wholly-owned subsidiary KSR Footwear Limited. The scheme aims to create focused entities for retail and distribution segments, improve operational efficiency, and attract segment-specific investors. Post-demerger, Khadim India will focus on retail business with 848 stores, while KSR Footwear will manage distribution through 732 distributors. The company's net worth is expected to change from ₹2,027.92 crore pre-scheme to ₹787.80 crore post-scheme.
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