Kalyani Steels Limited — Quarter and year ended March 31, 2026
Optional commentary: Financial figures are shown in ₹ million (as stated in the document).
| S No | Particulars | Quarter Ended | Year ended |
|---|---|---|---|
| March 31, 2026 Audited | March 31, 2026 Audited | ||
| December 31, 2025 Unaudited | March 31, 2025 Audited | ||
| March 31, 2025 Audited | |||
| 1 | Revenue from Operations | 4,843.94 | 18,456.07 |
| 2 | Other Income | 139.79 | 564.40 |
| 3 | Total Income (1+2) | 4,983.73 | 19,020.47 |
| 4 | Expenses | ||
| (a) | Cost of Raw Materials Consumed | 2,533.92 | 9,594.58 |
| (b) | Purchases of stock-in-trade | 108.76 | 583.91 |
| (c) | Manufacturing Expense (See Note 3) | 745.80 | 2,819.26 |
| (d) | Changes in Inventories of finished goods, work-in-progress and stock-in-trade | (84.20) | (7.22) |
| (e) | Employee benefit expense | 197.32 | 867.60 |
| (f) | Finance Costs | 14.84 | 86.38 |
| (g) | Depreciation and amortisation expense | 136.56 | 570.39 |
| (h) | Other Expenses | 352.36 | 984.77 |
| Total Expenses | 4,005.36 | 15,499.67 | |
| 5 | Profit before exceptional items (3 – 4) | 978.37 | 3,520.80 |
| 6 | Exceptional Items | (11.92) | (79.26) |
| 7 | Profit before tax (5 + 6) | 966.45 | 3,441.54 |
| 8 | Tax Expenses | ||
| Current Tax | 247.40 | 881.50 | |
| Deferred Tax | 6.99 | 6.86 | |
| Taxation in respect of earlier years | 1.81 | 1.81 | |
| Total Tax Expenses | 256.20 | 890.17 | |
| 9 | Profit after tax (7 – 8) | 710.25 | 2,551.37 |
| 10 | Other Comprehensive Income | ||
| Items that will not be reclassified to profit or loss | 0.88 | (163.04) | |
| Total Other Comprehensive Income, net of tax | 0.88 | (163.04) | |
| 11 | Total Comprehensive Income (9+10) | 711.13 | 2,388.33 |
| 12 | Paid-up Equity Share Capital (Face value ₹ 5/- each, PY ₹ 5/- each) | 218.64 | 218.64 |
| 13 | Other Equity | 20,777.49 | |
| 14 | Earnings Per Share : (of ₹ 5/- each) Basic and diluted (not annualised) | 16.27 | 58.45 |
| Sr. No. | Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|---|
| A | Assets: | ||
| 1 | Non Current assets: | ||
| (a) Property, plant and equipment | 6,267.43 | 6,774.29 | |
| (b) Capital work-in-progress | 5,597.95 | 4,294.92 | |
| (c) Intangible assets | 3.22 | 4.18 | |
| (d) Financial assets | |||
| i) Equity investments held in subsidiary and associate | 1,321.32 | 1,475.81 | |
| ii) Investments | 110.07 | 26.20 | |
| iii) Other financial assets | 313.50 | 138.43 | |
| (f) Deferred tax assets | 7.07 | 7.07 | |
| (e) Income tax assets (net) | 570.18 | 619.37 | |
| (f) Other non-current assets | |||
| Sub total – Non-current assets | 14,190.74 | 13,340.27 | |
| 2 | Current assets: | ||
| (a) Inventories | 2,008.57 | 2,146.47 | |
| (b) Financial assets | |||
| i) Trade receivables | 4,963.39 | 4,313.45 | |
| ii) Cash and cash equivalents | 766.41 | 143.00 | |
| iii) Bank Balances other than (ii) above | 6,973.09 | 6,899.06 | |
| iv) Other financial assets | 348.88 | 304.11 | |
| (c) Other current assets | 653.45 | 303.56 | |
| Sub total – Current assets | 15,713.79 | 14,109.65 | |
| Total assets | 29,904.53 | 27,449.92 | |
| B | Equity and Liabilities: | ||
| 1 | Equity: | ||
| (a) Equity share capital | 218.64 | 218.64 | |
| (b) Other equity | |||
| i) Reserves and surplus | 20,777.49 | 18,700.81 | |
| ii) Other reserves | 0.00 | 124.88 | |
| Sub total – Equity | 20,996.13 | 19,044.33 | |
| 2 | Liabilities: | ||
| Non current liabilities: | |||
| (a) Financial Liabilities : | |||
| i) Borrowings | – | – | |
| ii) Other financial liabilities | 581.18 | 212.68 | |
| (b) Provisions | 83.26 | 61.08 | |
| (c) Deferred tax liabilities (net) | 245.39 | 240.84 | |
| (d) Other non current liabilities | |||
| Sub total – Non-current liabilities | 909.83 | 514.60 | |
| Current Liabilities: | |||
| (a) Financial Liabilities : | |||
| i) Borrowings | 4,750.25 | 4,375.97 | |
| ii) Trade payables | |||
| – total outstanding dues of micro enterprises and small enterprises | 118.52 | 240.69 | |
| – total outstanding dues of creditors other than micro enterprises and small enterprises | 2,569.54 | 2,789.49 | |
| iii) Other financial liabilities | 318.40 | 246.90 | |
| (b) Provisions | 75.68 | 45.36 | |
| (c) Other current liabilities | 72.35 | 116.79 | |
| (d) Current tax liabilities (net) | 93.83 | 75.79 | |
| Sub total – current liabilities | 7,998.57 | 7,890.99 | |
| Total – Equity and liabilities | 29,904.53 | 27,449.92 |
| Sr. No. | Particulars | March 31, 2026 Audited | March 31, 2025 Audited |
|---|---|---|---|
| A | Cash flows from operating activities | ||
| Profit before tax | 3,441.54 | 3,427.18 | |
| Adjustments to reconcile profit before tax to net cash flows | |||
| Depreciation and amortisation | 570.39 | 633.88 | |
| Unrealised foreign exchange loss / (gain), net | 21.17 | 9.11 | |
| Interest expense | 86.38 | 185.66 | |
| Dividend income | – | – | |
| Profit on sale of property, plant and equipment | (3.82) | – | |
| Profit on sale of Investment | (13.38) | (4.59) | |
| Interest from deposits and loans | (541.21) | (508.57) | |
| Provision written back | (2.51) | (7.47) | |
| Provision for doubtful debts (includes expected credit loss) (net) | – | – | |
| Fair value loss on investments measured at FVTPL | (2.62) | (2.38) | |
| Impairment of Investment | – | – | |
| Receivables provided for | – | – | |
| Fair value gain/loss (net) on derivatives not designated as hedges | – | – | |
| Cash Generated from Operations before working capital changes | 3,555.94 | 3,732.82 | |
| (Increase) / Decrease in inventories | 137.90 | (122.17) | |
| (Increase) / Decrease in trade receivables | (649.94) | (105.22) | |
| (Increase) / Decrease in other assets / other financial assets | (410.72) | 219.20 | |
| (Increase) / Decrease in loans | – | – | |
| Increase / (Decrease) in provisions | 43.36 | 13.57 | |
| Increase / (Decrease) in trade payables | (360.78) | 964.14 | |
| Increase / (Decrease) in other financial liabilities | 11.28 | 43.70 | |
| Increase / (Decrease) in other current liabilities | (44.44) | (82.56) | |
| Increase / (Decrease) in other non current liabilities | – | – | |
| Cash generated from operations | 2,282.60 | 4,663.48 | |
| Taxes paid (net of refunds) | (865.28) | (837.04) | |
| Net cash flows from operating activities (A) | 1,417.32 | 3,826.44 | |
| B | Cash flows from investing activities | ||
| Purchase of property, plant and equipment and intangible assets (including capital work-in-progress) | (614.32) | (251.09) | |
| Sale of property, plant and equipment | 4.52 | 1.50 | |
| (Increase) / Decrease in loans | – | – | |
| Proceeds / (Investments) in deposits, (net) | (921.00) | (1,538.24) | |
| Proceeds from sale of Investment in Mutual Fund | 9,307.91 | 3,085.87 | |
| Purchase of Investment in Mutual Fund | (9,294.53) | (3,084.85) | |
| Dividend received | – | – | |
| Interest received | 539.65 | 429.67 | |
| Investment in Clean Renewable Energy | (81.24) | – | |
| Purchase of Shares in subsidiary | (1.72) | – | |
| Net cash flows from investing activities (B) | (1,060.73) | (1,357.14) | |
| C | Cash flows from financing activities | ||
| Repayment of borrowings – Non-current (including current maturities) | – | (1,667.48) | |
| Proceeds from borrowings – Current (including Bill Discounting) | 15,450.21 | 35,249.00 | |
| Repayment of borrowings – Current (including Bill Discounting) | (15,075.93) | (35,167.91) | |
| Interest paid | (358.64) | (496.49) | |
| Dividend paid | (436.53) | (436.53) | |
| Net cash flows from financing activities (C) | (420.89) | (2,519.41) | |
| Net increase / (decrease) in cash and cash equivalents (A + B + C) | (64.30) | (50.11) | |
| Add : Cash and cash equivalents at the beginning of the period / year | 143.00 | 193.11 | |
| Cash and cash equivalents at the end of the period / year | 78.70 | 143.00 |
| Sr. No | Particulars | Quarter Ended | Year Ended |
|---|---|---|---|
| March 31, 2026 Audited |
December 31, 2025 Unaudited |
||
| 1 | Revenue from Operations | 4,843.94 | 4,623.76 |
| 2 | Other Income | 148.57 | 148.75 |
| 3 | Total Income (1+2) | 4,992.51 | 4,772.51 |
| 4 | Expenses | ||
| (a) Cost of Raw Materials Consumed | 2,533.92 | 2,423. |