Kshitij Polyline Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
KSHITIJPOL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kshitij Polyline Limited reported strong turnaround with revenue from operations growing 46% to ₹4,475.05 Lakhs in FY26 from ₹3,058.02 Lakhs in FY25. The company swung from a loss of ₹947.34 Lakhs in FY25 to a profit before tax of ₹396.95 Lakhs and net profit of ₹355.18 Lakhs in FY26. Total assets increased significantly to ₹8,819.28 Lakhs from ₹5,276.84 Lakhs, driven by share capital increase (from ₹1,780.01 Lakhs to ₹3,084.90 Lakhs) through fresh equity issuance of ₹2,581.28 Lakhs. The company incurred heavy capital expenditure of ₹1,995.63 Lakhs on property, plant and equipment. Operating cash flow was negative due to substantial inventory buildup and working capital consumption. Statutory auditors VRCA & Associates issued an unmodified opinion with no going concern issues. The company appointed M/s. Valawat & Associates as internal auditor for FY27.
The stock shows a remarkable recovery from FY25 losses with nearly 46% revenue growth and return to profitability. However, the negative operating cash flow and heavy reliance on equity financing for growth capex are areas of concern. The clean audit opinion is positive for investor confidence.