Kalyani Steels' Q1 FY 2026-27 Quarterly Results

Result Summary

• Kalyani Steels Ltd reported a 3.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 4.9%.
• Its expenses for the quarter were down by 3.0% QoQ and up 3.6% YoY.
• The net profit decreased 4.8% QoQ and increased 10.7% YoY.
• The earnings per share (EPS) of Kalyani Steels Ltd stood at 15.63 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Kalyani Steels Ltd is a prominent player in the steel manufacturing industry, primarily engaged in the production of forging and engineering quality carbon & alloy steels. The company operates in a highly competitive sector characterized by fluctuating demand and price volatility, heavily influenced by economic cycles and developments in the infrastructure and automotive industries. As of October 2023, specific recent major developments about the company are not available, but like other companies in the sector, it is likely to be impacted by broad industry trends such as raw material price changes and regulatory shifts affecting the steel industry.

Revenue

In the first quarter of FY27, Kalyani Steels Ltd reported a total income of ₹480.38 crores. This marks a decrease of 3.8% from the previous quarter (Q4FY26), where the total income stood at ₹499.25 crores. However, compared to the first quarter of the previous fiscal year (Q1FY26), there was an increase of 4.9%, as the total income during that period was ₹458.00 crores. This year-over-year growth indicates a positive trajectory in revenue compared to the same quarter last year, despite the quarter-over-quarter decline.

Profitability

The profitability of Kalyani Steels Ltd in Q1FY27 is reflected in its Profit Before Tax (PBT) and Profit After Tax (PAT) figures. The PBT for the quarter was ₹91.84 crores, a decrease of 5.8% from the previous quarter's ₹97.52 crores. On a year-over-year basis, this represents an increase of 10.6% from the ₹83.07 crores reported in Q1FY26. The company's PAT stood at ₹68.25 crores for Q1FY27, down 4.8% from ₹71.68 crores in Q4FY26, but up 10.7% from ₹61.68 crores in Q1FY26. Earnings per share (EPS) mirrored the PAT trends, decreasing 4.8% quarter-over-quarter from ₹16.42 to ₹15.63, and increasing 10.6% year-over-year from ₹14.13.

Operating Metrics

The total expenses for Kalyani Steels Ltd in Q1FY27 were ₹388.55 crores, reflecting a decrease of 3.0% from the previous quarter's ₹400.54 crores. On a year-over-year basis, expenses increased by 3.6% from ₹374.92 crores in Q1FY26. The tax expenses for Q1FY27 were ₹23.59 crores, which is a decrease of 8.7% from Q4FY26, where the tax expense was ₹25.84 crores, and an increase of 10.3% from ₹21.39 crores in Q1FY26. These figures suggest a consistent fiscal strategy in managing operational costs and taxes relative to income fluctuations.