Results - Announcements
Kinetic Engineering Ltd share price slipped 0.92% to Rs 225.4 after the company's net profit contracted by 13.50% to Rs 11.21 crore, while revenue from operations increased sharply by 53.48% to Rs 77.54 crore in Q2FY27 over Q2FY26.
The market capitalization of Auto Components & Equipments industry group stocks on BSE stood at Rs 12.78 lakh crore, rising by 10.17%. It has improved by 3.03% over last one week and ticked higher by 1.40% in last one month while the market capitalization of Kinetic Engineering Ltd has softened by 5.58% and 8.25% in the same period respectively.
Profit before tax (PBT) of Kinetic Engineering Ltd stood at Rs 11.21 crore in Q2 FY27, jumping 6494.12% year-on-year, and dropping 13.50% quarter-on-quarter. EBITDA came in at Rs 6 crore, crashing by 1629.27% YoY and tanking 47.13% sequentially.
Total expenses surged 38.24% to Rs 88.38 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 62.4 crore, surging by 84.56% YoY, while employee benefits expense was at Rs 11.01 crore, expanding by 7.94% YoY.
For FY26, revenue from operations grew 10.75% to Rs 157.19 crore, while net profit tanked by 86.04% to Rs 0.87 crore, compared to previous FY. EBITDA saw a sharp decline of 917% to Rs 3.55 crore, and PBT collapsed by 86.04% to Rs 0.87 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 18.98 crore in FY26, as against Rs 21.56 crore in FY25.
Kinetic Engineering Ltd tumbled by 21.11% in last one year, underperforming the benchmark BSE Sensex which has eased by 3.03% during the same period.