Audited Standalone Financial Results for the quarter and year ended March 31, 2026
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KSR Footwear Ltd reported a net loss of Rs 127.39 million for FY26 compared to a restated loss of Rs 143.09 million in FY25. Total income declined marginally from Rs 2,062.20 million to Rs 2,054.66 million. The company completed a demerger from Khadim India Ltd in May 2025, with the distribution business transferred as a going concern. The auditors issued an un-modified (clean) opinion. An exceptional item of Rs 5.05 million relates to statutory impact of new labour codes. Cash outflow from operations was Rs 108.49 million for the year, while the company utilized Rs 161.10 million in cash credit facilities.
The company remains loss-making with declining revenues and negative operating cashflows, indicating operational stress. The demerger adds complexity with restated comparatives. Heavy reliance on overdraft facilities (Rs 161.10 million) raises liquidity concerns for shareholders.