Kamdhenu Ltd Q4 FY25 Results & Concall Highlights: Revenue, Margins & Order Book
Published 1 Jun 2026 | Industrial Products | Market Cap: ₹976 Cr
Steel business targets around 14% volume growth in FY26 over FY25 (Harish Agarwal, Page 12). Steel Business: - Targeting 14% volume growth in FY26.
From Kamdhenu Ltd's Q4 FY25 earnings-call transcript · updated 23 Aug 2026.
Price
₹35.2
Market Cap
₹976 Cr
P/E Ratio
11.4
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Compare Kamdhenu Ltd against every Industrial Products company this quarter on revenue, margins and earnings-call signals.
Kamdhenu Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹208 Cr, net profit ₹17 Cr.
Full financials →📊 Revenue & Sales Performance
- →Steel business targets around 14% volume growth in FY26 over FY25 (Harish Agarwal, Page 12).
- →Royalty income in steel expected to grow by 9% in the current year (Satish Agarwal, Page 8).
- →Revenue growth in steel business was 3% in FY25 with franchisee volumes up 6% and own manufacturing volumes up 5% (Satish Agarwal, Page 3).
- →Brand expenses for paint business planned to increase 20% in FY26 to support growth (Harish Agarwal, Page 10).
- →Paint business anticipates 20%-25% increase in bottom line (revenue and profitability) in FY26–27 (Harish Agarwal, Page 10).
- →Expansion focus on strengthening dealer network and supply chain to increase product reach (Page 5).
- →Market expected to stabilize with competition subsiding in next 6 months, supporting growth (Satish Agarwal, Page 7).
- →Government infrastructure push is expected to boost demand for both steel and paint segments (Page 4).
📈 Profitability & Margins
🏗️ Capital Expenditure Plans
- →No major capex planned for the paint business in FY26, except additions to tinting machines and some balancing equipment, estimated between INR10-15 crores.
- →Exploring outsourcing material for paint business to optimize costs.
- →For steel business, no focus on increasing number of franchisees; instead, emphasis on expanding capacity of existing franchise units by 20% in FY26, with 10-12% expected to be operational within the year.
- →Post-fundraise, INR45 crores out of INR97 crores preferential issue received, invested in franchisee units, office acquisition, and brand strengthening as per stated objectives.
- →Exploring strategic stake acquisition in select franchisee units to reshape franchisee model and expand in-house manufacturing capacity.
💰 Fundraising & Capital Structure
- →As of May 14, 2025, Kamdhenu Limited has raised INR97 crores through a preferential equity issue, of which INR45 crores has been received and invested in franchisee units and brand strengthening.
- →No specific mention of planned new fundraising through debt or equity was made during the call.
- →The company continues to remain debt-free as of March 31, 2025.
- →The focus is on expanding capacity through existing franchisee networks and operational efficiencies rather than aggressively adding new franchisees.
- →Strategic stake acquisitions in select franchisee units are being explored to reshape the franchisee model and expand in-house manufacturing capacity.
- →No explicit future fundraising targets or plans were disclosed in the current earnings call.
📋 Order Book & Pipeline
Key Metrics
Frequently Asked Questions
What were Kamdhenu Ltd Q4 FY25 results?
Steel business targets around 14% volume growth in FY26 over FY25 (Harish Agarwal, Page 12). Steel Business: - Targeting 14% volume growth in FY26.
What is Kamdhenu Ltd share price analysis?
Kamdhenu Ltd currently shows a neutral. The stock trades at a P/E of 11.4 with a market cap of ₹976 Cr. Investors should review the full earnings analysis for detailed insights.
Is Kamdhenu Ltd planning capital expenditure?
No major capex planned for the paint business in FY26, except additions to tinting machines and some balancing equipment, estimated between INR10-15 crores.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.