Board approves September 2026 quarter and half-year results; warehouse fund-use timeline extended
Board approved unaudited results for the quarter and half year ended September 30, 2026; statutory auditors issued an unmodified audit opinion.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 434.05 | 444.33 | −2.3% | 375.08 | +15.7% |
| Total income | 438.87 | 448.84 | −2.2% | 380.77 | +15.3% |
| Profit before tax | 41.45 | 54.41 | −23.8% | 34.41 | +20.5% |
| Profit after tax | 31.08 | 40.08 | −22.5% | 25.64 | +21.2% |
| Total comprehensive income | 31.04 | 40.15 | −22.7% | 24.20 | +28.3% |
| Basic EPS | 2.11 | 2.72 | −22.4% | 1.74 | +21.3% |
- Total income YoY
- 448.84 (−2.2%)
- Profit after tax (latest)
- 31.08 (−22.5% YoY)
- Period
- September 30, 2026 (Unudited)
Also decided at the meeting
- Resolved that the unutilised IPO amount of Rs.20.27 earmarked for 'setting up of warehouses' be utilised for setting up of warehouses.
- Extended the timeline for utilisation of the warehouse IPO funds till 30th September, 2027.
Auditor's review
Conclusion: Unmodified
Notes to the results
- IPO proceeds: ₹566.24 Crores to be utilised as per prospectus, ₹545.97 Crores utilised up to September 30, 2026, ₹20.27 Crores unutilised.
- Company operates in a single business segment (retail of textile articles); no separate reportable segments under Ind AS 108.
- The company does not have any subsidiaries/associates/joint ventures as on September 30, 2026 and September 30, 2025.
What the board approved
The Board of Directors met on 03.11.2026 from 12.30 P.M. to 5.00 P.M. and approved the unaudited financial results for the quarter and half year ended September 30, 2026, the Statement of Assets and Liabilities for the half year, the cash flow statement for the half year, and a certified copy of the Limited Review Report issued by the statutory auditors.
Auditor's review
- The statutory auditors have issued an unmodified audit opinion on these results.
- The results are prepared under Indian Accounting Standards (Ind AS) and were reviewed by the Audit Committee.
- The company reports a single business segment, described as a Retailer, and states it has no subsidiaries, associates or joint ventures as on September 30, 2026.
Numbers at a glance (standalone, Rs. in crore)
- Revenue from operations: 434.05 for the quarter ended September 30, 2026 (quarter ended September 30, 2025: 444.33).
- Total income: 438.87 for the quarter and 819.64 for the half year (half year ended September 30, 2025: 853.56).
- Total expenses: 399.42 for the quarter.
- Profit before tax: 39.45 for the quarter and 75.96 for the half year.
- Profit after tax: 31.04 for the quarter and 55.24 for the half year (quarter ended September 30, 2025: 40.48; half year ended September 30, 2025: 70.53).
- Total assets: 1,956.33 as at September 30, 2026, against 1,848.91 as at March 31, 2026. Inventories: 959.59 against 815.93.
- Net cash used in operating activities was 29.74 for the half year, against net cash generated of 180.37 in the half year ended September 30, 2025.
- Earnings per share (face value of Rs.2/- each): basic 2.11 for the quarter and 3.85 for the half year.
IPO money for warehouses
- The Board reconsidered the resolution passed at its previous meeting held on 29th September, 2026.
- The unutilised amount of Rs.20.27 crore, forming part of the funds earmarked for "setting up of warehouses" in terms of the prospectus dated September 23, 2023, is to be utilised for that purpose.
- The timeline for the said utilisation has been extended till 30th September 2027.
Background on the company's public issue (as stated in the notes)
- The company completed its Initial Public Offer of 5,40,99,027 equity shares at an issue price of Rs.222 per equity share, comprising an offer for sale of 2,70,72,000 shares and a fresh issue of 2,70,27,027 shares aggregating to Rs.1,201.00 crore.
- Its equity shares are listed on BSE (Scrip Code 543989) and NSE (Symbol KALAMANDIR).
What a retail investor may note
- The decision on warehouses means a portion of the money raised in the IPO is now scheduled to be spent over a longer period, with the timeline running till 30th September 2027.
- The results carry an unmodified audit opinion, which means the auditors did not flag any qualification in their limited review.
- The figures are for a single business segment, so the retail business of the company is the whole of the reported performance.
Also from Sai Silks (Kalamandir)
Audio recording of Q2 FY27 conference call with analysts/investors made available on company website
4 Nov 2026
Investor presentation for Q2 and H1 of FY 2026-27 shared with the exchanges
4 Nov 2026
Board approves Q2 & H1 FY27 unaudited results; warehouse fund spend timeline extended to 30th September 2027
3 Nov 2026
More numbers
- Total income, half year ended September 30, 2026819.64
- Profit after tax, half year ended September 30, 202655.24
- Unutilised amount of funds earmarked for setting up of warehouses20.27
- Total assets as at September 30, 20261,956.33
- Fresh issue of shares aggregating to₹1,201.00 Crores
- Total income, latest quarter438.87 (₹ Crores)
- Total income, year-ago quarter448.84 (₹ Crores)
- Total income, previous quarter380.77 (₹ Crores)
- Total comprehensive income, latest quarter31.04 (₹ Crores)
- Total comprehensive income, year-ago quarter40.15 (₹ Crores)
- Total comprehensive income, previous quarter24.20 (₹ Crores)
- Profit after tax, latest quarter31.08 (₹ Crores)
- Profit after tax, year-ago quarter40.08 (₹ Crores)
- Profit after tax, previous quarter25.64 (₹ Crores)
- Revenue from operations, latest quarter434.05 (₹ Crores)
- Revenue from operations, year-ago quarter444.33 (₹ Crores)
- Revenue from operations, previous quarter375.08 (₹ Crores)
- Profit before tax, latest quarter41.45 (₹ Crores)
- Profit before tax, year-ago quarter54.41 (₹ Crores)
- Profit before tax, previous quarter34.41 (₹ Crores)
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.