Kisan Mouldings530145Update
Board approved unaudited Q2 and H1 results; auditor's limited review conclusion unmodified
Board meeting on November 03, 2026 approved the unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 6,477.23 | 4,745.38 | +36.5% | 6,523.34 | −0.7% |
| Total income | 6,484.60 | 5,045.51 | +28.5% | 6,524.87 | −0.6% |
| Profit before tax | (374.80) | (56.57) | −563% | (668.95) | +44% |
| Profit after tax | (371.19) | (56.57) | −556% | (668.95) | +44.5% |
| Total comprehensive income | (385.53) | (56.57) | −582% | (668.95) | +42.4% |
| Basic EPS | (0.31) | (0.05) | −520% | (0.56) | +44.6% |
- Period
- Quarter ended September 30, 2026
Auditor's review
Conclusion: Unmodified
Notes to the results
- Board on June 26, 2026 approved Scheme of Arrangement amongst Kisan Mouldings Limited, KML Tradelinks Private Limited (WOS) and Apollo Pipes Limited (Holding Company), subject to Stock Exchanges, NCLT, shareholder and creditor approval.
- Regional Director (WR-1), MCA order dated 15th October, 2026 approved shifting the Company's registered office to the National Capital Territory of Delhi.
- Regional Director (WR-1), MCA order dated 22nd September, 2026 approved shifting registered office of subsidiary KML Tradelinks P. Ltd to the National Capital Territory of Delhi.
Board meeting outcome
The Board of Directors met on Tuesday, November 03, 2026, from 12:25 P.M. to 01:55 P.M., and considered and approved the unaudited financial results (standalone and consolidated) for the quarter and half year ended September 30, 2026. Statutory auditors AKGVG & Associates, Chartered Accountants, issued Limited Review Reports on both statements.
Auditor's review conclusion
- Unmodified conclusion: nothing came to the auditors' attention that causes them to believe the statements were not prepared in accordance with the applicable accounting standards, or that they contain any material misstatement.
- A limited review is narrower than an audit; the auditors state they did not perform an audit and do not express an audit opinion.
- Other Matter: the comparative figures for the period ended September 30, 2025 and the year ended March 31, 2026 were reviewed by another practitioner, who expressed an unmodified conclusion; the current conclusion is not modified on that account.
- The interim financial information of subsidiary KML Tradelinks Private Limited was reviewed by other auditors. Its figures in the consolidated statement reflect total assets of Rs. 59.01 lakhs as at September 30, 2026, total revenue of Rs. Nil, and total net loss of 0.12 lakhs and 0.27 lakhs for the quarter and half year ended September 30, 2026.
Consolidated results (Rs. in lakhs, as printed)
- Revenue from operations: 6,477.23 for the quarter ended September 30, 2026, against 4,745.38 in the same quarter a year earlier; 13,000.57 for the half year; 25,007.37 for the year ended March 31, 2026.
- Total income: 6,484.60 for the quarter and 13,009.45 for the half year.
- Profit for the period: (371.19) for the quarter, against (56.57) a year earlier, and (3,040.13) for the half year. Brackets, as printed, denote a negative figure.
- Basic and diluted earnings per share of Rs. 10 each: (0.31) for the quarter and (0.87) for the half year, not annualised.
Standalone results (Rs. in lakhs, as printed)
- Revenue from operations: 6,477.23 for the quarter and 13,000.57 for the half year.
- Total income: 6,484.60 for the quarter and 13,009.45 for the half year.
- Profit for the period: (371.05) for the quarter, (1,039.84) for the half year and (738.35) for the year ended March 31, 2026.
Balance sheet and cash (consolidated)
- Total assets 31,681.15 as at September 30, 2026, against 30,866.94 as at March 31, 2026.
- Total equity 18,320.87, against 19,375.61; current borrowings including WCC limit 3,292.90.
- Cash and cash equivalents 6.15, against 192.91 as at March 31, 2026.
- Net cash generated from operating activities 882.32 for the quarter; capital expenditure on property, plant and equipment 1,152.79.
- Paid up equity share capital 11,94,63,065 (face value of Rs. 10 each).
Other points from the notes
- The consolidated results include wholly owned subsidiary KML Tradelinks Private Limited; the company operates in one segment, manufacturing and trading of plastic pipes, fittings and allied products.
- The Board at its meeting on June 26, 2026 approved a Scheme of Arrangement amongst Kisan Mouldings Limited, KML Tradelinks Private Limited and Apollo Pipes Limited (Holding Company). The Scheme is subject to approval of stock exchanges, NCLT, shareholders and creditors of the company.
- The Office of the Regional Director (WR-1), Ministry of Corporate Affairs, Mumbai, by orders dated October 15, 2026 and September 22, 2026, approved that the registered offices of Kisan Mouldings Limited and of KML Tradelinks Private Limited shall be situated in the National Capital Territory of Delhi.
What a retail investor can take away
- The results carry an unmodified limited review conclusion, so the auditors did not flag a material misstatement in the interim financial information.
- The 'Profit for the period' line is negative for both the quarter and the half year, on revenue that is higher than in the same quarter a year earlier.
- The Scheme of Arrangement, in which Apollo Pipes Limited is described as the Holding Company, is a separate process that still requires stock exchange, NCLT, shareholder and creditor approvals.
₹13,000.57 lakh
Q2 FY27₹6,477.23 lakhH1 FY27₹13,000.57 lakh
₹13,000.57 lakhConsolidated Revenue from operations, (Rs. in lakhs
Revenue from operations, quarter6,523.34 (Rupees in lakhs)
Revenue from operations, latest quarter6,477.23 (Rupees in lakhs)
Also from Kisan Mouldings
Board meeting on November 3 to consider unaudited Q2 and half-year results
27 Oct 2026
Registered office shift from Maharashtra to Delhi approved by Regional Director
19 Oct 2026
More numbers
- Consolidated Revenue from operations, H1 FY27 (Rs. in lakhs)13,000.57
- Consolidated Profit for the period, H1 FY27 (Rs. in lakhs)(3,040.13)
- Standalone Profit for the period, H1 FY27 (Rs. in lakhs)(1,039.84)
- Consolidated Revenue from operations, year ended March 31, 2026 (Rs. in lakhs)25,007.37
- Paid up equity share capital (face value Rs. 10 each)11,94,63,065
- Subsidiary KML Tradelinks total assets as at September 30, 2026Rs. 59.01 lakhs
- Total income, latest quarter6,484.60 (Rupees in lakhs)
- Total income, year-ago quarter5,045.51 (Rupees in lakhs)
- Total income, previous quarter6,524.87 (Rupees in lakhs)
- Total comprehensive income, latest quarter(385.53) (Rupees in lakhs)
- Total comprehensive income, year-ago quarter(56.57) (Rupees in lakhs)
- Total comprehensive income, previous quarter(668.95) (Rupees in lakhs)
- Profit after tax, latest quarter(371.19) (Rupees in lakhs)
- Profit after tax, year-ago quarter(56.57) (Rupees in lakhs)
- Profit after tax, previous quarter(668.95) (Rupees in lakhs)
- Revenue from operations, latest quarter6,477.23 (Rupees in lakhs)
- Revenue from operations, year-ago quarter4,745.38 (Rupees in lakhs)
- Revenue from operations, previous quarter6,523.34 (Rupees in lakhs)
- Profit before tax, latest quarter(374.80) (Rupees in lakhs)
- Profit before tax, year-ago quarter(56.57) (Rupees in lakhs)
- Profit before tax, previous quarter(668.95) (Rupees in lakhs)
Source: BSE · 3 Nov 2026
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.