Kamdhenu Ventures Ltd Q4 FY25 Results & Concall Highlights: Revenue, Margins & Order Book

Published 11 Aug 2026 | Consumer Durables | Market Cap: ₹151 Cr

Steel business targets a volume growth of around 14% in FY26 (Harish Agarwal, Page 12). Steel business targets volume growth of around 14% in FY26 (Harish Agarwal, Page 12).

From Kamdhenu Ventures Ltd's Q4 FY25 earnings-call transcript · updated 23 Aug 2026.

Price

4.45

Market Cap

₹151 Cr

P/E Ratio

755.0

Revenue Rank

Rank 3

Margin Rank

Rank 3

How does Kamdhenu Ventures Ltd rank in Consumer Durables?

Compare Kamdhenu Ventures Ltd against every Consumer Durables company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 3Margin: Rank 3
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Kamdhenu Ventures Ltd — Quarterly revenue & net profit

Revenue Net Profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹75 Cr, net profit ₹-3 Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 3
  • Steel business targets a volume growth of around 14% in FY26 (Harish Agarwal, Page 12).
  • Franchisee capacity planned to increase by 20% by end FY26, with 10-12% operational within the year (Page 10).
  • Overall steel revenue expected to grow alongside volume increase; royalty income projected to increase by 9% (Pages 6 and 10).
  • Paint business expects to increase brand expenditure by 20% in FY26 to support growth (Page 10).
  • Paint segment aims for 20-25% increase in bottom line (revenue/profit) in FY26-27, focusing on premium products and expanded dealer network (Pages 9-10).
  • Expansion in dealer presence planned especially in South and West regions for paint business (Page 10).
  • Steel business to maintain 20-25% growth this year, leveraging 20% market share and government infrastructure push (Page 8).
  • No major capex planned for paint; small additions of INR10-15 crores (Page 9).

📈 Profitability & Margins

Rank 3
  • Steel business targets volume growth of around 14% in FY26 (Harish Agarwal, Page 12).
  • Revenue and profit before tax (PBT) expected to increase by 20%-25% in FY26-FY27 (Harish Agarwal, Page 9).
  • Brand expenditure planned to increase by 20% in FY26 to support anticipated growth (Page 9).
  • Paint business expected to stabilize post competitive turmoil, with growth resuming in next 3-6 months (Satish Agarwal, Page 7).
  • Focus on climbing up the value chain via premium products to drive higher average selling price and improved profitability (Page 5).
  • Royalty income from steel franchisee expected to grow with increased capacity; no major capex in paint but some equipment additions planned (~INR10-15 crores) (Pages 9-12).
  • Steel business aims for 20%-25% growth in bottom line and royalty income (Page 8).
  • Overall profit growth is targeted with sustained operational efficiencies and expanded dealer network (Multiple pages).

🏗️ Capital Expenditure Plans

Yes
  • For the paint business, no major capex plans for FY26 except additions to tinting machines and some balancing equipment, estimated around INR 10-15 crores.
  • Exploring outsourcing of material for the paint business to optimize costs.
  • In steel business, capital is being invested through preferential issue proceeds (INR 45 crores received out of INR 97 crores), primarily used for franchisee units, office acquisition, and brand strengthening.
  • Focus on expanding existing franchisee capacity in steel rather than adding new franchisee numbers, targeting a 20% capacity increase by the end of FY26.
  • Exploring strategic stake acquisitions in select franchisee units to reshape the franchisee model and expand in-house manufacturing capacity.
  • No closures of sales depots in paint; strengthening retail network and considering new projects in central or South India to overcome freight disadvantages.

💰 Fundraising & Capital Structure

Yes
  • The company has raised INR97 crores through a preferential equity issue, of which INR45 crores have been received and invested so far in franchisee units, office acquisition, and brand strengthening.
  • There is no mention of any current or planned fundraising through debt; as of March 31, 2025, Kamdhenu Ventures Limited remains debt-free.
  • Future fundraising plans include exploring strategic stake acquisition in select franchisee units to reshape the franchisee model and expand in-house manufacturing capacity.
  • No specific new fundraising through debt or further equity issuance has been announced for FY '26 or beyond.

📋 Order Book & Pipeline

No information
The transcript provided does not explicitly mention details about the current or expected order book or pending orders for Kamdhenu Ventures Limited. However, relevant points indicating business outlook and growth expectations include: - Steel business volume growth target for FY26 is around 14% over FY25. - Steel business franchisee capacity added in FY25 was 52.5 lakh metric tons with 34.2 lakh metric tons achieved. - The company is focused on expanding capacity through existing franchisee network rather than increasing the number of franchisees. - Strong growth in steel industry demand projected at around 9% for 2026, supported by government infrastructure initiatives. - Paint business is facing competitive pressures; however, the company is strategizing to grow through product innovation and market expansion. - No specific order book figures or pending orders disclosed in the earnings call transcript. If order book details are required, it is likely captured elsewhere or may need to be requested directly from the company.

Key Metrics

Revenue

Rank 3

Margin

Rank 3

Capex

Yes

Fundraise

Yes

Order Book

No information

Frequently Asked Questions

What were Kamdhenu Ventures Ltd Q4 FY25 results?

Steel business targets a volume growth of around 14% in FY26 (Harish Agarwal, Page 12). Steel business targets volume growth of around 14% in FY26 (Harish Agarwal, Page 12).

What is Kamdhenu Ventures Ltd share price analysis?

Kamdhenu Ventures Ltd currently shows a below-average growth signal. The stock trades at a P/E of 755.0 with a market cap of ₹151 Cr. Investors should review the full earnings analysis for detailed insights.

Is Kamdhenu Ventures Ltd planning capital expenditure?

For the paint business, no major capex plans for FY26 except additions to tinting machines and some balancing equipment, estimated around INR 10-15 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.

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