Kross Limited — Quarter ended March 31, 2026; Year ended March 31, 2026
| Sl. No | Particulars | For the Quarter Ended | For the Year Ended |
|---|---|---|---|
| March 31, 2026 (Refer Note 10) (Audited) | March 31, 2026 (Audited) | ||
| December 31, 2025 (Unaudited) | March 31, 2025 (Audited) | ||
| March 31, 2025 (Refer Note 10) (Audited) | |||
| (1) | Revenue from operations | 2,254.48 | 6,732.01 |
| 6,204.10 | |||
| (2) | Other income | 8.39 | 42.48 |
| 52.71 | |||
| (3) | Total Income (1) + (2) | 2,262.88 | 6,774.49 |
| 6,256.82 | |||
| (4) | Expenses | ||
| (a) | Cost of materials consumed | 1,230.91 | 3,644.74 |
| 3,523.42 | |||
| (b) | Changes in inventories of finished products and work in progress | (1.23) | 10.02 |
| 15.89 | |||
| (c) | Employee benefits expense | 113.55 | 394.07 |
| 345.40 | |||
| (d) | Finance costs | 18.85 | 80.70 |
| 122.86 | |||
| (e) | Depreciation and amortisation expense | 24.66 | 90.83 |
| 68.46 | |||
| (f) | Other expense | 575.48 | 1,803.71 |
| 1,506.89 | |||
| Total Expenses (4) | 1,962.22 | 6,024.07 | |
| 5,582.93 | |||
| (5) | Profit before tax (3) – (4) | 300.66 | 750.42 |
| 673.89 | |||
| (6) | Tax Expense | ||
| (a) | Current tax | ||
| (i) | Current tax | 65.58 | 175.12 |
| 164.17 | |||
| (ii) | Current tax for the earlier years | – | 1.16 |
| 14.12 | |||
| (b) | Deferred tax | 10.57 | 22.00 |
| 15.32 | |||
| Total Tax Expense (6) | 76.16 | 198.27 | |
| 193.62 | |||
| (7) | Profit for the period/year (5) – (6) | 224.50 | 552.14 |
| 480.27 | |||
| (8) | Other comprehensive income/(loss) | ||
| Items that will not be reclassified to profit or loss | |||
| (a) | Remeasurement of the employees defined benefit plans | 2.29 | 0.64 |
| (2.20) | |||
| (b) | Income tax relating to above items | (0.58) | (0.16) |
| 0.55 | |||
| Total other comprehensive income (8) | 1.71 | 0.48 | |
| (1.65) | |||
| (9) | Total comprehensive income for the period/year (7 + 8) | 226.21 | 552.62 |
| 478.62 | |||
| (10) | Earnings per equity share (Nominal value of share of Rs. 5 each) | ||
| Basic (in Rupees) (* not annualised) | 3.48* | 8.56 | |
| 8.04 | |||
| Diluted (in Rupees) (* not annualised) | 3.48* | 8.56 | |
| 8.04 | |||
| Paid Up Equity Share Capital (Face value: INR 5 each) | 322.55 | 322.55 | |
| 322.55 | |||
| Other Equity | 4,575.10 | ||
| 4,022.48 |
| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| Assets | ||
| (1) Non Current Assets | ||
| (a) Property, plant and equipment | 2,057.08 | 1,307.84 |
| (b) Capital work in progress | 160.00 | 5.50 |
| (c) Right of use assets | 12.14 | 12.06 |
| (d) Other intangible assets | 5.15 | 4.30 |
| (e) Financial assets | ||
| (i) Investments | 49.62 | 49.62 |
| (ii) Other financial assets | 46.02 | 62.44 |
| (f) Other non-current assets | 466.64 | 439.47 |
| Total Non-current assets | 2,796.64 | 1,881.22 |
| (2) Current Assets | ||
| (a) Inventories | 1,055.54 | 985.50 |
| (b) Financial assets | ||
| (i) Investments | 16.39 | 10.96 |
| (ii) Trade receivables | 1,971.69 | 1,819.18 |
| (iii) Cash and cash equivalents | 44.40 | 828.43 |
| (iv) Other bank balance (Other than (iii) above) | 192.95 | 14.35 |
| (v) Other financial assets | 1.98 | 2.01 |
| (c) Other current assets | 304.30 | 191.19 |
| Total current assets | 3,587.25 | 3,851.62 |
| Total Assets [1+2] | 6,383.89 | 5,732.84 |
| Equity and Liabilities | ||
| (1) Equity | ||
| (a) Equity share capital | 322.55 | 322.55 |
| (b) Other equity | 4,575.10 | 4,022.48 |
| Total equity | 4,897.65 | 4,345.02 |
| (2) Non-current liabilities | ||
| (a) Financial liabilities | ||
| (i) Borrowings | 291.42 | 53.26 |
| (ii) Lease liabilities | 10.28 | 10.07 |
| (b) Long-term provisions | 50.76 | 51.49 |
| (c) Deferred tax liabilities (Net) | 96.29 | 74.13 |
| Total Non-current liabilities | 448.75 | 188.96 |
| (3) Current liabilities | ||
| (a) Financial liabilities | ||
| (i) Borrowings | 232.23 | 273.36 |
| (ii) Lease liabilities | 3.29 | 2.83 |
| (iii) Trade payables | ||
| – Total outstanding dues of micro enterprises and small enterprises | 83.29 | 105.29 |
| – Total outstanding dues of creditors other than micro enterprises and small enterprises | 514.70 | 568.31 |
| (iv) Other financial liabilities | 124.73 | 117.11 |
| (b) Other current liabilities | 45.46 | 91.63 |
| (c) Short-term provisions | 7.45 | 5.73 |
| (d) Current tax liabilities (Net) | 26.35 | 34.59 |
| Total current liabilities | 1,037.50 | 1,198.86 |
| Total Equity and Liabilities [1+2+3] | 6,383.89 | 5,732.84 |
| Particulars | For the Year Ended March 31, 2026 (Audited) | For the year ended 31st March, 2025 (Audited) |
|---|---|---|
| (A) Cash flows from operating activities : | ||
| Profit before tax | 750.42 | 673.89 |
| Adjustments for: | ||
| Depreciation and amortization expense | 90.83 | 68.46 |
| Finance costs | 80.70 | 122.86 |
| Allowances for expected credit loss | – | 0.93 |
| Unwinding of interest on long term security deposit | (0.09) | (0.09) |
| Net fair value gains on financial assets mandatorily measured at fair value through profit or loss | 0.57 | (0.03) |
| (Profit)/Loss on sale of property, plant and equipments | 0.76 | (0.44) |
| Interest Income | (29.55) | (38.94) |
| Operating profit before changes in non current/ current assets and liabilities | 893.65 | 826.65 |
| Changes in operating assets and liabilities | ||
| (Increase)/Decrease in Inventories | (70.04) | (150.32) |
| (Increase)/Decrease in Other non-current financial assets | 16.50 | (31.10) |
| (Increase)/Decrease in Trade receivables | (152.51) | (721.73) |
| (Increase)/Decrease in Other current financial assets | 0.03 | (0.26) |
| (Increase)/Decrease in Other current assets | (113.11) | 46.32 |
| Increase/(Decrease) in Provisions | 0.99 | 1.82 |
| Increase/(Decrease) in Trade payables | (75.62) | 186.10 |
| Increase/(Decrease) in Other current financial liabilities | 7.61 | 37.88 |
| Increase/(Decrease) in Other current liabilities | (46.16) | (13.08) |
| Cash generated from/ (used in) operations | 461.33 | 182.26 |
| Direct Taxes Paid | (183.81) | (95.91) |
| Net cash flow from/ (used in) operating activities | 277.52 | 86.35 |
| (B) Cash flows from investing activities : | ||
| Purchase of Property, plant and equipment (including CWIP) | (995.35) | (272.68) |
| Purchase of Intangible assets (incl. RoU) | (6.42) | (10.88) |
| Proceeds from sale of Property, plant and equipment | 4.71 | 0.71 |
| (Increase)/Decrease in Other non current assets | (27.17) | (406.94) |
| Interest Received | 29.55 | 38.94 |
| Term deposits (placed) / matured (net) | (178.60) | 34.22 |
| Investment in shares | – | (49.32) |
| Investment in mutual fund | (6.00) | (5.62) |
| Net cash flow from/ (used in) investing activities | (1,179.27) | (671.58) |
| (C) Cash flows from financing activities : | ||
| Proceeds from Long-term borrowings | 280.35 | 83.95 |
| Repayment of Long-term borrowings | (42.20) | (255.94) |
| Proceeds from / (repayment) of short-term borrowings (net) | (41.13) | (672.43) |
| Proceeds from initial public offering | – | 2,317.10 |
| Increase in lease liabilities | (0.84) | 3.64 |
| Other interest payments | (78.47) | (119.22) |
| Net cash flow from/ (used in) financing activities | 117.72 | 1,357.11 |
| Net increase/(decrease) in cash and cash equivalents (A+B+C) | (784.03) | 771.88 |
| Cash and cash equivalents at the beginning of the period/ year | 828.43 | 56.55 |
| Cash and cash equivalents at the end of the period/ year | 44.40 | 828.43 |
| Particulars | As at March 31, 2026 | As at 31st March, 2025 |
|---|---|---|
| Cash in hand | 5.05 | 7.61 |
| Balances with bank in current accounts | 39.34 | 16.48 |
| Balances with bank in deposit accounts | – | 804.34 |
| Total | 44.40 | 828.43 |
| Objects of the issue as per prospectus | Amount proposed in offer document (A) | Utilization of Net IPO Proceeds up to March 31, 2026 (B) | Unutilized Net IPO Proceeds as on March 31, 2026 (A-B) |
|---|---|---|---|
| Funding of capital expenditure requirements of our Company towards purchase of Machine and Equipment. | 700.00 | 700.00 | – |
| Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company, from banks and financial institutions. | 900.00 | 900.00 | – |
| Funding working capital requirements of the Company | 300.00 | 300.00 | – |
| General Corporate Expense | 469.19 | 469.19 | – |
| Total A | 2,369.19 | 2,369.19 | – |
| Offer expenses | 130.81 | 130.81 | – |
| Total A+B | 2,500.00 | 2,500.00 | – |