| Scrip Code | 502937 |
|---|---|
| NSE Symbol | KESORAMIND |
| MSEI Symbol | NOTLISTED |
| ISIN | INE087A01019 |
| Name of company | KESORAM INDUSTRIES LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 31-07-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 24-07-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Geographical |
| Description of single segment | |
| Start date and time of board meeting | 31-07-2026 15:00:00 |
| End date and time of board meeting | 31-07-2026 16:00:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 7,766.07 | 7,766.07 | |
| Other income | 57.93 | 57.93 | |
| Total income | 7,824.00 | 7,824.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 5,407.80 | 5,407.80 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (437.82) | (437.82) |
| (d) | Employee benefit expense | 1,789.54 | 1,789.54 |
| (e) | Finance costs | 660.57 | 660.57 |
| (f) | Depreciation, depletion and amortisation expense | 472.93 | 472.93 |
| (f) | Other Expenses | ||
| 1 | Power and fuel | 972.05 | 972.05 |
| 2 | Other expenses | 1,021.76 | 1,021.76 |
| Total other expenses | 1,993.81 | 1,993.81 | |
| Total expenses | 9,886.83 | 9,886.83 | |
| 3 | Total profit before exceptional items and tax | (2,062.83) | (2,062.83) |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | (2,062.83) | (2,062.83) |
| 6 | Tax expense | ||
| 7 | Current tax | (43.90) | (43.90) |
| 8 | Deferred tax | 0.00 | 0.00 |
| 9 | Total tax expenses | (43.90) | (43.90) |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | (2,018.93) | (2,018.93) |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | (2,018.93) | (2,018.93) |
| 17 | Other comprehensive income net of taxes | (18.22) | (18.22) |
| 18 | Total Comprehensive Income for the period | (2,037.15) | (2,037.15) |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 31,066.37 | 31,066.37 | |
| Face value of equity share capital | 10 | 10 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | -0.65 | -0.65 | |
| Diluted earnings (loss) per share from continuing operations | -0.65 | -0.65 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | -0.65 | -0.65 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | -0.65 | -0.65 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1. The unaudited financial results for the quarter ended June 30, 2026 (the financial results) comprise the standalone results of Kesoram Industries Limited (the Company) and the consolidated results of the Company including its subsidiary (collectively referred to as 'the Group') and joint venture. These financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act 2013 (the Act) read with the Companies (Indian Accounting Standards) Rules, 2015 (as amended). 2. The Group has incurred losses during the quarter ended June 30, 2026 amounting to Rs 2062.83 lakhs, due to lower capacity utilization and coupled with higher costs. During the previous year ended March 31, 2026, certain members of Promoter / Promoter Group of the Company have entered into a Share Purchase Agreement dated December 04, 2025 (“SPA”) with Frontier Warehousing Limited (“Acquirer”) to sell 13,29,69,279 equity shares representing 42.80% of the share capital, having face value of Rs. 10 each, in terms of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto (SEBI (SAST) Regulations, 2011”). The Acquirer has complied with the Open Offer as per regulatory requirements and is in the process of completing the SPA. In addition to the continuing support by Promoter / Promoter group, the Acquirer has also expressed its commitment to the Company by way of letter of support issued to the Company to provide financial assistance to cover all liabilities falling due in foreseeable future. Accordingly, these financial statements have been prepared on the basis that the Company will continue as a going concern. 3. The Company had performed an impairment assessment in the previous year in respect of its investment in, and loan to, its wholly owned subsidiary, Cygnet Industries Limited. Based on the assessment, impairment provisions of Rs.4,809.32 lakhs and Rs.15,619.32 lakhs (comprising Rs.10,100.00 lakhs towards investment and Rs.5,519.32 lakhs towards loan) were recognized as exceptional items in the Standalone Statement of Profit and Loss for the quarter ended 30 June 2025 and the year ended 31 March 2026, respectively. 4. On loans given to subsidiary, the Board had approved the waiver of interest of Rs. 4424.06 lakhs for the quarter ended June 30, 2025 which was recognised and presented as an exceptional item in the standalone statement of profit and loss. The Board has also waived the interest for the current financial year. 5. The expected realization value of the company's factory land comprised in its Kesoram Spun Pipes and Foundries (KSPF) unit is estimated to be lower than its carrying value. The provision of Rs. 4172.11 lakhs on such remeasurement has been recognised and presented as an exceptional item for the quarter ended June 30, 2025. 6. During the quarter ended March 31, 2026, based on valuation of assets, the Company’s wholly owned subsidiary, Cygnet Industries Limited, reversed an impairment provision relating to its land which had been previously recognized and presented as an exceptional item in the consolidated statement of profit and loss for the quarter ended June 30, 2025. Accordingly, an impairment reversal amounting to INR 4,809.32 lakhs has been recognized and disclosed as an exceptional item in the consolidated statement of profit and loss for the quarter ended March 31, 2026. 7. The Group has a single reportable segment i.e., Rayon, Transparent Paper and Chemicals in accordance with IndAS. Accordingly, no separate segment information has been presented for the quarter ended June 30, 2026. 8. Share of profit or loss, from the joint venture (Gondkhari Coal Mining Limited) is Rs. Nil for all the periods presented in consolidated financial results. 9. The unaudited standalone and consolidated financial results for the quarter ended June 30, 2026 have been reviewed by the Audit Committee and recommended for adoption to the Board of Directors. The Board has considered and approved the same at its meeting held on July 31, 2026.The standalone and consolidated financial results have been subjected to Limited Review by the statutory auditors of the Company as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations).The statutory auditor has expressed an unmodified opinions on these unaudited standalone and consolidated financial results. 10. The unaudited standalone and consolidated financial results for the quarter ended March 31, 2026 is the balancing figures between audited figures in respect of the full financial year and the published unaudited year to date figures upto the end of the third quarter of the respective relevant financial year, which were subject to limited review. 11. Figures for the previous period have been regrouped/ reclassified wherever necessary to conform to current period's classification. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-06-2026 | 30-06-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | 0.00 | 0.00 | |||||
| Revenue from operations | 0.00 | 0.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | 0.00 | 0.00 | |||||
| Profit before tax | 0.00 | 0.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | 0.00 | 0.00 | |||||
| Net Segment Asset | 0.00 | 0.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | 0.00 | 0.00 | |||||
| Net Segment Liabilities | 0.00 | 0.00 | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Remeasurements of post-employment benefit obligation | (18.22) | (18.22) |
| Total Amount of items that will not be reclassified to profit and loss | (18.22) | ||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.00 | 0.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | ||
| 5 | Total Other comprehensive income | (18.22) | (18.22) |
| Whether results are audited or unaudited | Unaudited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | Walker Chandiok & Co. LLP | Yes | 31-05-2028 | ||
|---|---|---|---|---|---|