Kross Share Price

Auto Parts & Equipment company Kross announced Q4FY26 & FY26 results FY26 Financial Highlights: Revenue from Operations for FY26 stood at Rs 673.2 crore, representing a YoY growth of 8.5% compared to Rs 620.4 crore in FY25. EBITDA for FY26 was Rs 87.9 crore, showing an increase of 8.2% from Rs 81.3 crore in FY25. The EBITDA margin remained stable YoY at 13.1%. Profit After Tax (PAT) for FY26 reached Rs 55.2 crore, a growth of 15.0% YoY compared to Rs 48.0 crore in FY25. The PAT margin improved by 46 bps to 8.20% from 7.70% in FY25. The company reported a Basic EPS of Rs 8.56 for FY26, compared to Rs 8.04 in FY25. Total Equity as of March 31, 2026, was Rs 489.8 crore, up from Rs 434.5 crore as of March 31, 2025. Total Assets grew to Rs 638.4 crore in FY26 from Rs 573.3 crore in FY25. Net Debt decreased to Rs 444 crore as of March 31, 2026, from Rs 632 crore as of March 31, 2025. The Net Debt to Equity ratio improved to 0.18x from 0.22x in the previous year. Q4FY26 Financial Highlights: Revenue from Operations for Q4FY26 was Rs 225.4 crore, marking a YoY growth of 21.9% from Rs 185.0 crore in Q4FY25 and a QoQ growth of 27.0% from Rs 177.5 crore in Q3FY26. EBITDA for Q4FY26 stood at Rs 33.6 crore, representing a YoY increase of 25.3% from Rs 26.8 crore and a QoQ increase of 43.2% from Rs 23.5 crore. The EBITDA margin for Q4FY26 improved to 14.9% from 14.5% in Q4FY25 and 13.2% in Q3FY26. Profit After Tax (PAT) for Q4FY26 was Rs 22.4 crore, reflecting a YoY growth of 30.9% from Rs 17.1 crore and a QoQ growth of 60.6% from Rs 14.0 crore. The PAT margin for the quarter was 10.0%, an improvement from 9.3% in Q4FY25 and 7.9% in Q3FY26. Basic EPS for Q4FY26 was Rs 3.48, compared to Rs 2.66 in Q4FY25 and Rs 2.17 in Q3FY26. Business Highlights: M&HCV; Segment: Key OEMs (Tata Motors and Ashok Leyland) reported strong volume growth in Q4FY26 and April 2026, with healthy order books indicating sustained momentum. Trailer Segment: The company recorded noticeable volume growth and successfully commissioned the Tipping Jacks facility, marking its entry into this high-growth ecosystem. Tractor & Agri Segment: Delivered healthy double-digit growth in FY26. The company targets increasing this segment’s contribution to approximately 15% of total revenue within the next two years. Exports: Export sales contributed approximately 4% to FY26 revenue. The company is on track to achieve a full-year export target of 8%. Capacity Expansion and Strategic Initiatives: Axle Beam Extrusion Plant: India’s first single-piece extrusion process plant was commissioned on February 27, 2026, with an investment of Rs 25 crore. Capacity has increased to 7,500 units per month. Tipping Jacks: Production has commenced with a capacity of 800 kits per month. Seamless Tube Plant: The construction shed is completed and foundation work is nearing completion for a proposed 1,20,000 tons capacity addition, requiring an investment of approximately Rs 167 crore. Foundry: The high-pressure moulding line is on track for completion by September 2026, which is expected to double casting capacity. Sudhir Rai, Chairman & Managing Director, said: “Kross Limited concluded FY26 on a strong note with Revenue from Operations at Rs 673.2 crore. Despite a slower start in H1, the Company delivered a resilient performance supported by favourable macroeconomic conditions, GST rationalization benefits, and strong revival in the Commercial Vehicle segment. The Company reported an EBITDA of Rs 87.9 crore with an EBITDA margin of 13.06% and Profit After Tax (PAT) of Rs 55.2 crore with a PAT margin of 8.15% for the year. Q4FY26 remained challenging due to the Middle East conflict, which led to LPG shortages and a sharp rise in commodity and consumable prices. However, demand outlook across all OEMs remains very promising." Result PDF

• Trendlyne
• 3 weeks 4 days ago

Auto Parts & Equipment company Kross announced Q3FY26 results Revenue: Rs 177.5 crore against Rs 150.1 crore during Q3FY25, change 18%. EBITDA: Rs 23.5 crore against Rs 19.7 crore during Q3FY25, change 19%. EBITDA Margin: 13.2% for Q3FY26. PBT: Rs 19.3 crore against Rs 17.9 crore during Q3FY25, change 8%. PAT: Rs 14 crore against Rs 13.6 crore during Q3FY25, change 3%. PAT Margin: 7.9% for Q3FY26. EPS: 2.17 for Q3FY26. Sudhir Rai, Chairman & Managing Director, said: “Supported by a favourable macroeconomic backdrop, including GST rationalization, a healthy monsoon, and a steadily improving demand environment, the Company delivered a strong performance during the third quarter of FY26. Revenue for Q3FY26 stood at Rs 177.5 crore, representing a growth of approximately 18.3% compared to Q3FY25. EBITDA for the quarter was Rs 23.5 crore, translating into a healthy margin of 13.2%. For the nine months ended FY26, the Company reported revenue of Rs 447.8 crore, reflecting a YoY growth of approximately 2.8%. EBITDA for the period stood at Rs 54.4 crore, with margins at 12.1%, underscoring sustained operational discipline despite a transitioning demand environment in the earlier part of the year. The Company’s capacity expansion initiatives continue to progress in line with planned timelines. Trials at the axle beam extrusion plant are currently underway, with commissioning expected by February 2026. Upon commissioning, the facility is expected to enhance axle manufacturing capacity by approximately 50%. In addition, construction of the seamless tube facility has been completed. On the exports front, the company achieved meaningful progress during the period. Purchase orders were secured from a leading Tier-1 company in Europe across two distinct product families. Samples were successfully dispatched, and supplier approval has been obtained for one family of parts, against which initial trial orders have already been received. Exports contributed 3.8% of total revenue during 9M FY26, registering a YoY growth of 14%. The Company remains confident of achieving a full-year export contribution of 5% and has laid out a clear roadmap to scale exports to double-digit levels by FY27. During the quarter, the Company further diversified its product portfolio with the launch of a key product in the trailer segment—the tipping jack. This addition is expected to strengthen the company’s positioning within the trailer ecosystem and provide incremental revenue opportunities beginning FY27. The manufacturing facility for the product has been fully installed, production has commenced, and the product is currently undergoing the validation phase. The Company also expanded its forging capabilities by commissioning a 2,000-tonne screw press and a 1,000-tonne press. Additionally, a 1,600-tonne press is scheduled for commissioning by February 2026. These investments are expected to materially enhance forging capacity, improve operational efficiency, and support future growth across product segments. In the trailer segment, the Company added five new fabricator customers during the quarter. Continued focus on expanding the fabricator customer base is further strengthening market penetration and improving demand visibility in this segment. The tractor segment delivered healthy revenue growth of 16% during 9MFY26, with strong momentum carrying into Q4. The Company has witnessed an earlier-than-usual improvement in schedule visibility, with OEM production schedules increasing meaningfully from February itself. Over the next two years, the Company aims to increase the tractor segment’s contribution to approximately 15% of total revenue. Overall customer engagements continue to reflect a strengthening demand environment, evidenced by higher production schedules and increased inward volumes. This positive momentum has extended into Q4, with schedules for the quarter remaining healthy. Combined with an improving working capital cycle, new product launches, a healthy order book pipeline, and ongoing capacity expansion initiatives, the Company remains confident of delivering a strong performance in the fourth quarter of FY26.” Result PDF

• Trendlyne
• 4 months 1 week ago