KSLNSEKalyani Steels Limited· Steel And Steel ProductsHighNeutral
Announced Tue, 4 Nov · 12:50 IST

Kalyani Steels Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.

Revenue DeclineEmphasis Of MatterResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kalyani Steels reported Q2 FY26 standalone revenue of ₹4,560.69 million, down about 7.3% from ₹4,921.04 million in Q2 FY25. H1 FY26 revenue fell 5.7% to ₹8,988.36 million versus ₹9,535.68 million a year ago. Standalone profit after tax for Q2 was ₹618.21 million (vs ₹667.88 million, -7.4%), while H1 PAT rose modestly to ₹1,227.86 million from ₹1,183.62 million. EPS stood at ₹14.16 for the quarter and ₹28.13 for the half year. Consolidated results were broadly similar, with H1 consolidated PAT of ₹1,242.18 million. Operating cash flow remained healthy at ₹1,396.58 million for H1. The limited review by Kirtane & Pandit LLP was clean, with an unmodified conclusion and an emphasis-of-matter paragraph noting reliance on other auditors' reviews for the Hospet Steels joint operation and DGM Realties subsidiary.

Likely market impact

Revenue has softened year-on-year in both the quarter and the half year, but margins and half-year profits have held up, suggesting stable profitability despite lower volumes. The clean audit and positive cash generation should reassure shareholders, though a sustained revenue decline could pressure the stock if the trend continues.