KAMOPAINTSNSEKamdhenu Ventures LimitedHighNeutral
Announced Tue, 26 May · 21:29 IST

Kamdhenu Ventures Limited has informed the Exchange regarding a press release dated May 26, 2026, titled "Press Release-Financial Highlights for Q4 & FY26".

Mgmt Guided Margin PressureInvestor Communications View source PDF

KAMOPAINTS · price

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Price reaction · full curve 14 horizons · vs prior close
-7.6%1-day move
₹5.65
prior close
₹5.51
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AI summary

Kamdhenu Ventures (KAMOPAINTS/BSE: 543747) reported FY26 revenue of Rs. 245 crore, down 8% YoY, with EBITDA at Rs. 9.5 crore (3.9% margin) versus Rs. 16.8 crore (6.3%) in FY25 — a ~240 bps contraction. Q4 was particularly weak with a negative EBITDA of Rs. 1.5 crore (-2.0%) and PAT of Rs. 2.7 crore loss. Management attributed the decline to elevated crude oil prices, geopolitical disruptions, and sharp inflation across solvents, binders, and monomers. The company plans calibrated price increases of 5–6% over the next couple of quarters and highlighted a record-high ASP of Rs. 97 in Q4. During Q4, the company raised Rs. 5.04 crore via warrant issuance to Kamdhenu Limited, which also converted warrants bringing in an additional Rs. 7.47 crore, with Rs. 2.55 crore received against 1.50 crore warrants still outstanding.

Likely market impact

Sharp margin erosion and near-breakeven PAT signal significant operational stress from raw material inflation. Price increases and premiumization efforts are underway but will take time to flow through. The balance sheet strengthening via warrant conversion provides some cushion, but near-term profitability recovery remains uncertain.