The Board of Directors of the Company at their meeting held on Friday, May 29, 2026 at 16:00 (IST) have duly approved the Audited Standalone Financial Results for the half year and year ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kanishk Aluminium India reported strong FY26 results with revenue from operations growing 31.5% to ₹7,864.89 Lakhs from ₹5,978.22 Lakhs in FY25. Profit after tax increased 35.3% to ₹411.93 Lakhs versus ₹304.45 Lakhs. The company listed on BSE SME platform on February 4, 2026 through an IPO of 40 lakh equity shares at ₹73 each, raising ₹29.2 crore. EPS improved significantly from ₹0.32 to ₹4.10 (note states not retrospectively adjusted for fresh issue per AS 4). However, cash flow from operations turned negative at -₹781.61 Lakhs, primarily due to a large increase in inventories (₹1,210.56 Lakhs) and trade receivables (₹748.66 Lakhs). Finance costs also rose substantially from ₹170.26 Lakhs to ₹254.48 Lakhs. The auditor issued an unqualified opinion with no going concern doubts.
Strong revenue and profit growth validates the IPO valuation, but the negative operating cash flow raises concerns about working capital management and may create near-term pressure on the stock despite healthy profitability metrics.