| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 63.23 | 11.3% | 14.6% |
| Total Income | 63.35 | 11.3% | 14.6% |
| Expenditure | 61.89 | 11.6% | 13.4% |
| PBT | 1.46 | 1.2% | 45.9% |
| Net Profit | 0.99 | 2.0% | 50.1% |
| OPM | 6.29% | 0.22pp | 5.66pp |
| NPM | 1.56% | 0.22pp | 1.12pp |
| EPS | 0.03 | 0.0% | 50.0% |
Kamdhenu Ventures Q3 & 9M FY26: Revenue Down 7%, EBITDA Margin Stable at 6.5%
12 Feb 2026 · 12 Feb, 5:02 pm
Summary
Kamdhenu Ventures Limited, a leading brand in Indian Decorative Paints Segment, has reported its unaudited Financial Results for the quarter and nine months ended 31st December 2025. Despite a challenging environment, the company maintained its margins, driven by strong cost control and easing of raw material costs. However, revenue from operations for 9M FY26 stood at Rs. 170 crore, down 7% year-on-year.
Key Highlights
- 1
Revenue from Operations for Q3 FY26 stood at Rs. 652 crore, down 6% from Q3 FY25.
- 2
Revenue from Operations for 9M FY26 stood at Rs. 170 crore, down 7% year-on-year.
- 3
EBITDA for Q3 FY26 stood at Rs. 11.0 crore, with margins at 6.5%.
- 4
Certain regions witnessed extended monsoons and early Diwali shortened the traditional renovation cycle, temporarily impacting sales volumes.
- 5
The company made steady progress on strategic priorities for medium-term growth.
- 6
The company accelerated its premiumization roadmap with the introduction of a high-margin wood-finishing portfolio.
- 7
The Board proposed a preferential issue of equity shares and warrants in February 2026 for fueling growth into newer high value-added categories.
- 8
The company plans to raise Rs. 20 crores from the proposed fund raise.
Management Comments
Mr. Saurabh Agarwal
Managing Director
Despite a challenging operating environment marked by heightened competitive intensity and weaker consumer demand sentiment, we at Kamdhenu Paints maintained our margins during Q3 and 9M FY26, driven by strong cost control and easing of raw material costs. ... We remain confident in our ability to navigate them effectively and resume our growth going forward.”
Informational and educational content only. Not investment advice.