Any current/future capex/capital investment/strategic investment?

For FY2023, Krishna Defence and Allied Industries Limited has completed the necessary infrastructure and Capex to service orders for the next couple of years. Planned Capex includes mechanization/automation to reduce workforce dependence, estimated at around Rs. 1 to 1.5 Crores. Minimal Capex of approximately Rs. 1.5 Crores is expected to ramp up capacity to service business over Rs. 100 Crores without requiring major expansions. The company is focusing resources on defense segment with promising opportunities and currently not planning to enter new business segments. Engaged in collaboration

Future growth expectations in sales/revenue/volumes?

The company aims to grow its revenues at a rate of about 40% to 50% year-on-year for the next three years. Current order book stands at around Rs. 18 to 19 Crores, predominantly in defence (85%) and dairy segments. The Indian Navy plans to expand to around 145 ships over the next 20 years, presenting significant opportunities. No new projects came up in the last two years due to COVID-19; expected spillover of projects from 2019-2020 into current and coming years. Capacity utilization is currently about 35%; minimal Capex (~ Rs. 1.5 Crores) will allow servicing business over Rs. 100 Crores. Co

Future growth expectations in earnings/operating earnings/profits/EPS?

The company targets revenue growth of approximately 40% to 50% year-on-year for the next three years, driven by defence segment expansion. Existing defence products include bulb bars, weld consumables, and ballast bricks; two new products are planned to be added each year. Ongoing development includes improved space heating devices and naval gun ammunition, expected to contribute to future sales. EBITDA margins for defence segment anticipated at 15% to 20%, with expected improvement due to economies of scale. Minimal additional Capex (~₹1.5 Crores) required to support business growth beyond ₹1

Current/ Expected Orderbook/ Pending Orders?

The current order book stands at approximately Rs. 18 to 19 Crores. Around 85% of the order book is for the defence segment, with the remaining towards the dairy industry. The company primarily supplies to defence clients such as Mazagon Dock, KRAC, CSL, and other shipyards. The company anticipates good order inflows in the coming years due to the Indian Navy's expansion plans for about 145 ships in the next 20 years. New naval projects that were delayed due to COVID are expected to spill over and generate orders in the near term. The lead time for orders ranges between 3 to 5 months typically

Krishna Defence & Allied Industries LtdQ4 FY22Aerospace & Defense

Krishna Defence & Allied Industries Ltd Q4 FY22 Earnings Call Analysis

Revenue, margin, capex, fundraise and order book outlook from management commentary.

Price: ₹1,213.6P/E: 44.2Market Cap: ₹1.8K CrSector: Aerospace & Defense

Management growth scorecard

Revenue

Category 1

Margin

Category 1

Fundraise

N/A

Order

Yes

Capex

Yes

4 of 4 growth signals are positive — a strong management growth story.

Full analysis

Revenue guidance

Category 1

The company aims to grow its revenues at a rate of about 40% to 50% year-on-year for the next three years.
Current order book stands at around Rs. 18 to 19 Crores, predominantly in defence (85%) and dairy segments.
The Indian Navy plans to expand to around 145 ships over the next 20 years, presenting significant opportunities.
No new projects came up in the last two years due to COVID-19; expected spillover of projects from 2019-2020 into current and coming years.
Capacity utilization is currently about 35%; minimal Capex (~ Rs. 1.5 Crores) will allow servicing business over Rs. 100 Crores.
Company plans to add two new defence products annually, including improved space heating devices and naval ammunition.
For the dairy segment, automation and robotic milk collection units are being developed for growth.

Margin guidance

Category 1

The company targets revenue growth of approximately 40% to 50% year-on-year for the next three years, driven by defence segment expansion.
Existing defence products include bulb bars, weld consumables, and ballast bricks; two new products are planned to be added each year.
Ongoing development includes improved space heating devices and naval gun ammunition, expected to contribute to future sales.
EBITDA margins for defence segment anticipated at 15% to 20%, with expected improvement due to economies of scale.
Minimal additional Capex (~₹1.5 Crores) required to support business growth beyond ₹100 Crores, indicating operational leverage potential.
The company aims to focus fully on defence, deemed highly promising, to utilize its full potential, enhancing profitability.
PAT showed a 32.26% increase in FY2022; with expected order inflow and operational scaling, earnings and EPS are projected to grow correspondingly.

See what Krishna Defence & Allied Industries Ltd management said on margin guidance — free account, 30 seconds.

Fundraise plans

The transcript does not mention any current or future plans for fundraising through debt or equity. Key points related to financials and capacity include: - No explicit discussion of new debt or equity raising. - Capex plans for FY2023 are minimal, around Rs. 1 to 1.5 Crores, mainly for automation. - The company has already done infrastructure and Capex required to service orders for the next couple of years. - Current capacity utilization is about 35%, with ability to service business over Rs. 100 Crores with minimal additional Capex (~Rs. 1.5 Crores). - Focus is on maximizing existing resources, especially to capitalize on defence sector opportunities. Hence, based on the information available, there are no announced plans for fresh fundraising via debt or equity.

Order book

Yes

The current order book stands at approximately Rs. 18 to 19 Crores.
Around 85% of the order book is for the defence segment, with the remaining towards the dairy industry.
The company primarily supplies to defence clients such as Mazagon Dock, KRAC, CSL, and other shipyards.
The company anticipates good order inflows in the coming years due to the Indian Navy's expansion plans for about 145 ships in the next 20 years.
New naval projects that were delayed due to COVID are expected to spill over and generate orders in the near term.
The lead time for orders ranges between 3 to 5 months typically, depending on order size and complexity.

See what Krishna Defence & Allied Industries Ltd management said on order book — free account, 30 seconds.

Capex plans

Yes

For FY2023, Krishna Defence and Allied Industries Limited has completed the necessary infrastructure and Capex to service orders for the next couple of years.
Planned Capex includes mechanization/automation to reduce workforce dependence, estimated at around Rs. 1 to 1.5 Crores.
Minimal Capex of approximately Rs. 1.5 Crores is expected to ramp up capacity to service business over Rs. 100 Crores without requiring major expansions.
The company is focusing resources on defense segment with promising opportunities and currently not planning to enter new business segments.
Engaged in collaboration talks with foreign companies to take technology and build products domestically, but no formal agreements or strategic investments are finalized yet.

Track Krishna Defence & Allied Industries Ltd — get its next earnings analysis in your feed

How does Krishna Defence & Allied Industries Ltd rank vs peers in Aerospace & Defense?

Pro feature

ThisKrishna Defence & Allied Industries Ltd

Rev 1Mar 1

See where Krishna Defence & Allied Industries Ltd sits in Aerospace & DefenseSee which companies these are, and every other name in the sector.Open rankings

How does Krishna Defence & Allied Industries Ltd rank in Aerospace & Defense?

Compare Krishna Defence & Allied Industries Ltd against every Aerospace & Defense company (Q4 FY22) on revenue, margins and earnings-call signals.

View Aerospace & Defense leaderboard →

What Krishna Defence & Allied Industries Ltd's management said in earlier quarters

Others in Aerospace & Defense this season

Zen Technologies (Q2 FY27)
For the quarter ended 30 September 2026, the consolidated revenue from operations was ₹34,513.26 lakhs, up from ₹17,357.31 lakhs in the same quarter of the…
Bharat Electronics Ltd (Q2 FY27)
Revenue from operations (consolidated) for the quarter ended 30 September 2026: ₹7,32,772 lakhs. Key results statement takeaways from Bharat Electronics Ltd's Q
Paras Defence and Space Technologies Ltd (Q2 FY27)
Implied YoY increase significant (~65-70%, based on segment and other expenses data) . Key results statement takeaways from Paras Defence and Space Technologies
Unimech Aerospace and Manufacturing Ltd (Q2 FY27)
Revenue for Q2 FY27 was INR123 crore, up 14% sequentially and 98% year-on-year; H1 FY27 revenue was INR231 crore, 85% YoY growth. Key concall takeaways from…

Compare:vs Hindustan Aeronautics Ltd vs Bharat Electronics Ltd vs Bharat Dynamics

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Krishna Defence & Allied Industries Ltd Q4 FY22 Earnings Call Analysis

Revenue guidance

Fundraise plans

Capex plans

How does Krishna Defence & Allied Industries Ltd rank in Aerospace & Defense?

Continue your research

What Krishna Defence & Allied Industries Ltd's management said in earlier quarters

Others in Aerospace & Defense this season