| Revenue growth | 102% YoY growth; Q4 overflow drove Q1 performance; sequential decline 21%. |
|---|---|
| Margins | EBITDA margin expanded to 31% from 22% YoY on product mix. |
| Demand visibility | Strong defense pipeline; Middle East conflict seen as a potential tailwind. |
| Management confidence | Balanced but cautious, refusing forward guidance due to project-based business nature. |
Growth
Revenue grew 102% YoY to ₹247.2 Cr; PAT surged 545% to ₹42.6 Cr.
Outlook
Management refuses to provide formal FY27 guidance due to structural unpredictability in tender timelines.
Risks
Significant reliance on lumpy government/defense tenders and unpredictability of export-clearing US tariffs creates earnings volatility.
Earnings Call Transcript filed with NSE, NSE: KUSUMGAR. Summary written with AI assistance from the document.
Kusumgar Ltd: key numbers
- Share price
- ₹553.00
- Market cap
- ₹5,806 Cr
- Revenue (annual)
- ₹692.0 Cr
- Net profit (annual)
- ₹98.20 Cr
- Promoter holding
- 75.01%
- FII holding
- 1.24%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Kusumgar Ltd
All →Kusumgar Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹2,509 Mn (+81% YoY), EBITDA ₹713 Mn (28% margin), PAT ₹406 Mn (+272%). H1 revenue ₹4,982 Mn, PAT ₹832 Mn. Aerospace and defence-focused textile materials and solutions.
Kusumgar Q2 FY27 Results: Net Profit ₹40.6 Cr, Up 272.5% YoY
Kusumgar Ltd reported revenue from operations of ₹250.9 Cr (+80.8% YoY) and net profit of ₹40.6 Cr (+272.5% YoY) for Q2 FY27.
- Key figure
- Net profit ₹40.6 Cr · +272.5% YoY
Kusumgar Board Meeting Date
KUSUMGAR LIMITED has given prior intimation of a board meeting on 05 Nov 2026 to consider unaudited standalone and consolidated half-yearly financial results for the period ended September 2026. Trading window closes 01-10-2026 to 07-11-2026.
Kusumgar Credit Rating
Kusumgar clarifies CRISIL has no rating mandate, attaching CARE's reaffirmed CARE A; Stable rating on its bank facilities. Company requests exchanges to note only CARE is engaged.
Kusumgar Other Announcement
Kusumgar Ltd has submitted its quarterly shareholding pattern for the period ended September 30, 2026, in compliance with SEBI Regulation 31(1)(b).
Kusumgar Annual General Meeting
Kusumgar Limited has announced the postal ballot voting results, confirming the ratification of the 'Kusumgar ESOP 2024' scheme and related stock option grants.