KUSUMGAR
Kusumgar Limited
NSELast Traded Price
₹563.8
-8.55 (-1.49%)
Open
₹571.45
High
₹573.7
Low
₹557.85
Prev Close
₹572.35
Industry
Other Textile Products
Market Cap
5919.41 Cr
Filing History
Recent corporate announcements and filings for KUSUMGAR
Governance
Positive
2026-08-18 14:41
- Postal Ballot for Kusumgar Limited for shareholder approval of two special resolutions.
- To ratify and approve the grant of up to 25,37,250 stock options under 'Kusumgar ESOP 2024' for group employees.
- E-voting from August 19, 2026 to September 17, 2026; results by September 21, 2026.
Business Update
Positive
2026-08-18 14:15
- Q1 FY27 Consolidated Revenue was ₹247.2Cr, up ~102% YoY, driven by parachute contracts. Management indicated Q4 FY26 was an anomaly, with Q1 FY27 revenue being more representative of an average quarter. Focusing on YoY, this is a strong performance.
- EBITDA for Q1 FY27 was ₹75.9Cr, with a margin of ~31%, reflecting ~900bps YoY expansion due to a richer product mix.
- PAT for Q1 FY27 was ₹42.6Cr, with a margin of ~17%, a significant increase from 5% in Q1 FY26.
- Management expects FY27 to be a "steady, good year of growth" with positive operating cash flow.
- No large capex plans for FY27/FY28, mainly maintenance capex (5-10% of gross block).
- Key growth drivers identified are aerospace & defense indigenization in India, global defense spending, and the China plus one strategy.
Business Update
Neutral
2026-08-14 15:40
- Kusumgar Limited announced the availability of the audio recording for its Earnings Conference Call held on August 14, 2026.
- The call discussed the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.
- The recording is accessible on the company's website.
Financials
Positive
2026-08-12 14:32
- Q1 FY27 Consolidated Revenue ₹2,472 Mn vs ₹1,225 Mn (▲102% YoY)
- EBITDA ₹759 Mn vs ₹270 Mn (▲181% YoY)
- PAT ₹426 Mn vs ₹66 Mn (▲542% YoY)
- EBITDA Margin 31% vs 22% (▲900bps)
Business Update
Neutral
2026-08-12 14:21
- Concall Schedule
- Concall Date: August 14, 2026
- Concall Time: 11:00 AM (IST)
- To discuss Unaudited (Standalone & Consolidated) Financial Results for the Quarter ended June 30, 2026 (Q1 FY27).
Business Update
Neutral
2026-08-11 19:56
- Concall Schedule to discuss Unaudited (Standalone & Consolidated) Financial Results for the Quarter ended June 30, 2026 (1QFY27).
- Concall Date: Friday, August 14, 2026
- Concall Time: 11:00 A.M. (IST)
Business Update
Neutral
2026-08-11 19:05
- Concall Schedule
- Concall Date: August 14, 2026
- Concall Details: Emkay Confluence 2026, Mumbai (In-person meeting) with Analysts/Institutional Investors.
Routine
Neutral
2026-08-11 17:51
- Kusumgar Limited has authorized Mr. Ratan Jha (CFO) and Mr. Devanand Mojidra (Company Secretary & Compliance Officer) to determine materiality of events and make disclosures to stock exchanges as per Regulation 30(5) of SEBI (LODR) Regulations, 2015.
Financials
Positive
2026-08-11 14:30
- Q1 FY27 Consolidated Revenue ₹247.25 Cr vs ₹122.47 Cr (▲101.89% YoY)
- EBITDA ₹75.42 Cr vs ₹23.11 Cr (▲226.39% YoY)
- PAT ₹42.65 Cr vs ₹6.65 Cr (▲541.49% YoY)
- EBITDA Margin 30.49% vs 18.87% (▲1162 bps)
- Mr. Ratan Jha appointed as Chief Financial Officer (KMP) effective August 11, 2026.
- Incorporated a new wholly-owned subsidiary, Kusumgar Aerospace Private Limited, for manufacturing technical textiles.
Financials
Positive
2026-08-11 14:23
- Q1 FY27 Consolidated Revenue ₹2,472.47 Mn vs ₹1,224.67 Mn (▲102% YoY)
- EBITDA ₹754.18 Mn vs ₹231.07 Mn (▲226% YoY)
- PAT ₹426.47 Mn vs ₹66.48 Mn (▲542% YoY)
- EBITDA Margin 30.5% vs 18.9% (▲1160 bps)
- Approved the appointment of Mr. Ratan Jha as the Chief Financial Officer (KMP) effective 11th August 2026.
- Incorporated a new wholly-owned subsidiary, Kusumgar Aerospace Private Limited, on 8th April 2026, engaged in manufacturing technical textiles.
Financials
Positive
2026-08-11 14:12
- Q1 FY27 Consolidated Revenue ₹247.25Cr vs ₹122.47Cr (▲102% YoY)
- EBITDA ₹75.42Cr vs ₹23.11Cr (▲226% YoY)
- PAT ₹42.65Cr vs ₹6.65Cr (▲541% YoY)
- EBITDA Margin 30.49% vs 18.87% (▲1162bps)
Governance
Neutral
2026-08-11 13:55
CRITICAL RED FLAG DETECTED
- Mr. Kinnar Mehta resigned as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective August 10, 2026.
- He is transitioning to a new internal role within the company, focused on business strategy and long-term value creation.
- There are no other material reasons for his resignation.