Krishna Defence And Allied Industries LimitedQ1 FY27 Results & Financial Update
Krishna Defence And Allied Industries Limited: Q1 FY27 consolidated results and company financials – revenue ₹57.60 Cr, PAT ₹11.44 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Krishna Defence And Allied Industries price & chart
Quarter overview
Quarterly earnings analysis
Profit before tax was ₹14.90 Cr for the reported quarter. EPS was ₹7.65 for the reported quarter.
For the quarter ended 30th June 2026 (Q1 FY27), Krishna Defence and Allied Industries Limited reported revenue from operations of INR 57.60 crore on a consolidated basis, accompanied by other income of INR 0.94 crore, bringing total consolidated income to INR 58.54 crore.
Consolidated profit before tax (PBT) for the quarter stood at INR 14.90 crore, after accounting for total expenses of INR 43.64 crore.
Consolidated net profit after tax and share of associate's profit or loss reached INR 11.44 crore for the quarter, yielding a basic earnings per share of INR 7.66 and diluted EPS of INR 7.65.
On a standalone basis, the company recorded revenue from operations of INR 57.60 crore, total income of INR 58.54 crore, profit before tax of INR 14.90 crore, and net profit of INR 11.67 crore after factoring in standalone tax expenses.
The consolidated net profit figure accounts for a share of associate's loss amounting to INR 22.43 lakhs and a share of associate's profit/loss in other comprehensive income of negative INR 0.30 lakhs.
Operating expenses during the quarter were dominated by cost of materials consumed at INR 23.19 crore, changes in inventories of finished goods, work-in-progress, and stock-in-trade of INR 5.27 crore, and employee benefit expenses of INR 4.93 crore.
01 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹57.60 Cr |
| Total income | ₹58.54 Cr |
| Profit before tax | ₹14.90 Cr |
| Profit after tax | ₹11.44 Cr |
| EPS | ₹7.65 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 19.9% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 25.9% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹0.94 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
02 · Why it moved
Why the quarter looked the way it did
What drove revenue
The defence products segment constitutes the company's principal business activity, generating the substantial majority of operational revenue.
The dairy products segment represents a relatively small portion of operations and does not meet quantitative thresholds for separate segment reporting under Ind AS 108.
What drove margins
Cost of materials consumed stood at INR 23.19 crore alongside an inventory change of INR 5.27 crore in finished goods, work-in-progress, and stock-in-trade.
Employee benefit expenses were recorded at INR 4.93 crore, which includes INR 11.42 lakhs recognized for share-based payment transactions arising from employee stock options.
03 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
The Chief Operating Decision Maker (CODM) reviews operating performance on a consolidated basis and identifies the Defence Products Segment as the sole reportable operating segment.
04 · Capacity, projects & execution
What is being built, commissioned or delivered
Capacity, production and utilisation
Production activities are anchored at Plant I (503A, GIDC) and Plant II (121/9 & 20, GIDC) located in Halol, District Panchmahals, Gujarat.
05 · Strategy & new businesses
How the company is trying to change its growth mix
The company established equity holdings in Krishna Vabo Defence Composites Private Limited (51.00%) and Xsub Robotics Private Limited (50.01%), and acquired a 46.81% equity stake in Tahatabadkar Solutions Private Limited (TSPL).
06 · Reported developments
What changed operationally
Reported consolidated net profit after tax and share of associates stood at INR 11.44 crore for Q1 FY27, backed by total consolidated income of INR 58.54 crore.
07 · Pressure points & risks
What is not going smoothly
Consolidated financial results include a share of associate's loss of INR 22.43 lakhs for the quarter ended 30th June 2026.
08 · Items worth noticing
The line items that can distort a quick read
Employee benefit expenses for the quarter include INR 11.42 lakhs recognized for share-based payment transactions arising from employee stock options.
09 · Beyond the numbers
What changed beyond the numbers
Dividend Recommendation
The Board of Directors recommended a final dividend of INR 1.25 per equity share of INR 10 each (12.50%) for the financial year ended 31st March 2026, which was subsequently approved at the Annual General Meeting held on 15th July 2026.
Senior Management Promotion
Mr. Sagar Patel, previously Assistant Manager - Production with 12 years of association with the company and a B.E. Mechanical degree, was promoted to General Manager (Senior Management Personnel) effective 12th August 2026.
10 · Key Q&A
The quarter, answered directly
What is the clearest takeaway from Q1 FY27?
Profit before tax was ₹14.90 Cr for the reported quarter. EPS was ₹7.65 for the reported quarter.
What drove revenue or demand?
The defence products segment constitutes the company's principal business activity, generating the substantial majority of operational revenue.
What mattered most for margins or profitability?
Cost of materials consumed stood at INR 23.19 crore alongside an inventory change of INR 5.27 crore in finished goods, work-in-progress, and stock-in-trade.
What changed operationally beyond the headline numbers?
Production activities are anchored at Plant I (503A, GIDC) and Plant II (121/9 & 20, GIDC) located in Halol, District Panchmahals, Gujarat.
What are the main pressure points disclosed for the quarter?
Consolidated financial results include a share of associate's loss of INR 22.43 lakhs for the quarter ended 30th June 2026.
What should the next disclosure help confirm?
Monitor the operational integration and financial contributions of newly acquired associates and subsidiaries including Krishna Vabo Defence Composites, Xsub Robotics, and Tahatabadkar Solutions.
11 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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12 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Associate Integration: Monitor the operational integration and financial contributions of newly acquired associates and subsidiaries including Krishna Vabo Defence Composites, Xsub Robotics, and Tahatabadkar Solutions.
- 02
Dividend Payout: Track the execution and cash outflow related to the final dividend of INR 1.25 per share approved for FY26.
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