Kamdhenu Ltd Q2 FY26 Results

Summary

Kamdhenu Ltd., India’s largest manufacturer and seller of branded TMT Bars, has declared its Unaudited Financial Results for the quarter and half year ended 30’ September 2025. The company's revenue from operations stands at ₹387 crore, up 3% YoY, while profit before tax grew by 33% to ₹54 crore. The PBT margin expanded by 310 basis points from 10.9% in H1 FY25 to 14.0% in H1 FY26. Profit after tax increased by 28% to ₹40 crore. The company's royalty income in H1 FY26 witnessed a robust growth of 27% year-on-year to ₹86 crore.

Key Highlights

1. 1

   Kamdhenu Ltd. reports highest-ever profitability with 14% PBT margins in H1 FY26

2. 2

   Revenue from operations at ₹387 crore, up 3% YoY

3. 3

   Profit before tax grew by 33% to ₹54 crore

4. 4

   PBT margin expanded by 310 basis points from 10.9% in H1 FY25 to 14.0% in H1 FY26

5. 5

   Profit after tax increased by 28% to ₹40 crore

6. 6

   Robust growth of 27% year-on-year in royalty income to ₹86 crore

7. 7

   Revenue from own facilities at ₹301 crore with sales volumes of ~61,400 MT

8. 8

   Franchise volumes rose by 8% year-on-year to 18 lakh MT

9. 9

   Abnormal weather conditions and extended periods of rainfall temporarily impacted volumes and revenue growth

10. 10

    TMT bars continue to be among the fastest-growing product categories driven by sustained infrastructure spending and strong construction activity

11. 11

    Kamdhenu benefits from an extensive franchise network and well-established pan-India distribution capabilities