KIC Metaliks achieved a significant turnaround in its full financial year 2026, reporting a net profit of ₹1.05 crore compared to a net loss of ₹6.09 crore in the previous financial year. According to the company's audited financial results approved by the Board of Directors on May 26, 2026, this represents a complete reversal of the company's financial position during FY25. The total comprehensive income for FY26 was ₹115.64 lakh, compared to a loss of ₹609.19 lakh in the prior year, demonstrating the company's successful recovery trajectory.
The company's revenue from operations increased by 9.15% to ₹78,288.86 lakh in FY26, up from ₹71,723.22 lakh in the previous year. As reported in the audited financial statements, total income for the year reached ₹78,427.86 lakh compared to ₹71,853.85 lakh in FY25. The net cash flow generated from operating activities for FY26 was ₹4,312.32 lakh, a substantial increase from ₹2,076.24 lakh in the previous year, indicating improved operational efficiency and cash generation capabilities during the financial year.
KIC Metaliks achieved a significant turnaround in its March 2026 quarterly performance, reporting a standalone net profit of ₹1.43 crore compared to a net loss of ₹4.40 crore in the corresponding quarter of the previous year. According to the company's audited financial results, this represents a complete reversal of the company's financial position during the same period last year. The total income for Q4 FY26 stood at ₹24,774.84 lakh, with the company demonstrating consistent improvement across both quarterly and annual performance metrics.
The company's cash and cash equivalents as of March 31, 2026, stood at ₹1,007.38 lakh, compared to ₹507.71 lakh in the prior year, reflecting improved liquidity position. However, total assets decreased to ₹38,629.76 lakh from ₹42,777.46 lakh in the previous year. The finance costs for FY26 decreased to ₹969.93 lakh from ₹1,037.55 lakh in the previous year, indicating better debt management and improved financial efficiency during the financial year.
The Board of Directors approved the re-appointment of Mrs. Ishita Bose as a Non-Executive Independent Director for a second term of five consecutive years effective August 6, 2026, subject to shareholder approval. Additionally, the board re-appointed M/s. Sharad Patangi & Co., Cost Accountants, as Cost Auditors and M/s. B.N. Agrawal & Co., Chartered Accountants, as Internal Auditors for FY 2026-27. The company's earnings per equity share (basic and diluted) for FY26 were ₹0.30, improving from a loss of ₹1.72 per share in FY25, demonstrating the company's successful turnaround strategy and strong operational performance throughout the financial year.
