Khadim Q3 FY26: revenue drops, Labour Codes charge of Rs 1.82cr, demerger of distribution biz
KHADIM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 1.7 pts less than its Footwear peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Khadim India posted Q3 FY26 standalone revenue of Rs. 86.24 crore vs Rs. 110.24 crore YoY. Nine-month revenue was Rs. 283.54 crore vs Rs. 324.23 crore. The firm swung to a small Q3 loss of Rs. 0.17 crore on an exceptional Rs. 1.82 crore Labour Codes charge. Board cleared up to USD 30,000 more investment in subsidiary Khadim Shoe Bangladesh. Revenue dip is mainly from the demerger of distribution business into KSR Footwear, effective May 1, 2025. Ray and Ray issued an unqualified limited review.
Mixed: Q3 loss on one-time Labour Codes charge, but 9M still profitable. Demerger reshapes business into focused footwear player.