Kasturi Metal Composite544688Periodic business update

H1 FY27 operational update: revenue ₹30.46 cr, Group PAT ₹1.20 cr, orders on hand ₹43.10 cr

H1 FY27: revenue ₹30.46 cr, Group PAT ₹1.20 cr, PAT margin 3.93%.

By ScoutQuest · Tue 3 Nov 2026, 6:17 PM IST · 2 min read

H1 FY27 revenue: ₹30.46 cr
Group PAT: ₹1.20 cr
Orders on hand: ₹43.10 cr

H1 FY2026-27 in numbers

Revenue from operations: ₹30.46 crore
Group profit after tax: ₹1.20 crore
Group PAT as a share of revenue: 3.93%
EPS: ₹1.15 per share

The company describes this as an operational update drawn from internal management reports for the half-year ended 30 September 2026.

Why profitability came under pressure

Management links the softer half to input-cost inflation that ran ahead of the price increases it could pass through. For steelwool, material inflation was only partly recovered through finished-goods price revisions; conventional fibres faced a wider gap between wire-rod inflation and realised price recovery. The company also accepted orders selectively, which pulled dispatched volumes down and pushed fixed cost per unit higher. Loop End, its higher-value product, grew and provided a partial offset, though management notes the profit contribution of Loop End depends on cost allocation.

Product mix

Steelwool remained the largest line by sales value. Loop End sales grew sharply from a negligible prior-year base, while glued fibre and loose fibre volumes fell year on year. Average selling prices rose for steelwool, glued fibre and Loop End, and eased for loose fibre.

Loop End scale-up

Volume dispatched in H1 FY2026-27: 166.1 MT
Volume dispatched in the preceding half-year (H2 FY2025-26): 54.0 MT

Management reads this as adoption moving beyond initial trials, and says contractors, consultants and project owners are increasingly evaluating materials on durability, execution efficiency and structural performance.

Order book

Combined reported orders on hand: ₹43.10 crore, across KMCL and Durafloor Concrete Solutions LLP

Named customers and projects cited include Hero Moto Corp, Haier, Lenskart, Perkins Engine, Vikram Solar, Jupiter Rail, Saint Gobain, Pepsi- Dubai and Motherson Sumi.

Plant IV

Wire drawing: trials reported complete
Glued and micro fibre: line setup in progress
Capacity after stabilisation: 300 to 800 MT/month
Management target for commercial production: late November 2026

The company notes that the revenue contribution depends on commissioning and ramp-up.

UAE subsidiary plan

A shareholders' agreement and memorandum draft has been prepared and shared with the JV partner for finalisation
Financial due diligence of the JV partner is done
The incorporation process is to start after the shareholders' agreement is signed

What a retail reader can track

Whether price increases catch up with input-cost inflation in the conventional fibre lines
Whether dispatched volumes recover after the selective order acceptance
How quickly Loop End scales from its current base and what it contributes to profit
Commissioning of Plant IV and the pace of ramp-up towards the stated capacity range
Conversion of the reported orders on hand into dispatched sales

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