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Earnings Call

Karnika Industries Earnings Call: Key Takeaways

Karnika Industries delivered record FY26 results with Revenue up 44% to ₹248cr and PAT up 57% to ₹28cr, driven by Kidcity integration and distribution expansion.

Why this was an Alfa AlertNot a filter event. While performance was strong and slightly beat the H1 guidance of ₹245cr, the beat was only ~1.2%, which is below the 5% threshold.
Highlights
Revenue growth44% YoY growth in FY26; 18.8% YoY growth in Q4 FY26.
MarginsNormalized PAT margins targeted at 11-13%; Q4 margins impacted by cotton prices.
Order bookPending US orders on hold; strong order flow from Saudi Arabia.
Demand visibilityStrong demand from organized retail and global corporates like Zara/H&M.
Management confidenceHigh; aiming for 30-35% CAGR and major retail expansion via Kidcity.

Growth

FY26 Revenue: ₹248cr (+44% YoY); EBITDA: ₹37cr (+43% YoY); PAT: ₹28cr (+57% YoY).

Outlook

Targets 30-35% CAGR over next 3-4 years; Kidcity revenue projected at ₹200-250cr by FY28-29.

Risks

Raw material (cotton) price volatility; geopolitical tensions in Gulf affecting exports; potential COVID-like scenarios.

Source

Earnings Call filed with NSE, NSE: KARNIKA. Summary written with AI assistance from the document.

Read the document ↗

Karnika Industries Ltd: key numbers

Share price
₹123.00
Market cap
₹762.6 Cr
Revenue (annual)
₹224.3 Cr
Net profit (annual)
₹26.68 Cr
P/E (TTM)
28.6×Sector 55.7×
Promoter holding
73.39%+0.00% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Karnika Industries Ltd

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19:14 IST NSE
Management Change

Karnika Industries Management Change

Karnika Industries Limited informed the Exchange of the resignation of Ms. Muskan Bubna, Company Secretary and Compliance Officer, effective from October 14, 2026.

18:22 IST NSE
Annual General Meeting

Karnika Industries Annual General Meeting

Karnika Industries Limited has issued the Notice for its Annual General Meeting scheduled for 30-Sep-2026. The meeting will address financial adoption, director re-appointment, and borrowing approvals.

18:17 IST NSE
Board Meeting Outcome

Karnika Industries Board Meeting Outcome

Karnika Industries held a board meeting approving the Directors' Report, AGM notice, and various borrowing and investment limits of Rs. 500 Crores each.

17:35 IST NSE
Acquisition

Karnika Industries Acquisition Worth ₹0.05 Cr

Karnika Industries acquired a 26% stake in RDB Elementa Sports Academy Private Limited for Rs. 5.20 Lakhs to enter the sports and recreation industry.

Value
₹0.05 Cr
20:36 IST NSE
Financial Results

Karnika Industries Q1 FY27 Results: Net Profit ₹7.4 Cr, Up 138.7% YoY

Karnika Industries Ltd reported revenue from operations of ₹59.8 Cr (+79.6% YoY) and net profit of ₹7.4 Cr (+138.7% YoY) for Q1 FY27.

Key figure
Net profit ₹7.4 Cr · +138.7% YoY