Results - Announcements
Kinetic Engineering Ltd share price declined by 3.08% to Rs 218.45 after the company's net profit fell 13.50% to Rs 11.21 crore, while revenue from operations gained significantly 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, climbing 10.16%. It has marginally improved by 3.03% over last one week and crept higher by 1.40% in last one month while the market capitalization of Kinetic Engineering Ltd has eased 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, rallying 6494.12% year-on-year, and retreating 13.50% quarter-on-quarter. EBITDA came in at Rs 6 crore, tumbling by 1629.27% YoY and plunging by 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, jumping 84.56% YoY, while employee benefits expense was at Rs 11.01 crore, expanding by 7.94% YoY.
For FY26, revenue from operations improved 10.75% to Rs 157.19 crore, while net profit tumbled by 86.04% to Rs 0.87 crore, compared to previous FY. EBITDA plunged by 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 crashed 23.85% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.42% during the same period.