Karbonsteel Engineering Ltd

Karbonsteel Engineering Ltd's board re-appointed M/s. Chintan D. Shah & Associates as Internal Auditors, M/s. Amita Karia as Secretarial Auditors, and M/s. Mayur Chhaganbhai Undhad & Co. as Cost Auditors for the financial year 2026-27. The decision was made during the board meeting held on May 30, 2026, following the recommendation of the Audit Committee. The board also approved the closure of the Khopoli Plant due to operational and business requirements.

Karbonsteel Engineering Ltd reported its FY26 results, with revenue crossing ₹300 crore for the first time, a 10% YoY increase to ₹300.88 crore. EBITDA stood at ₹32.67 lakh, with a margin of 10.86%. PAT was ₹10.51 lakh. The company maintained nearly 90% capacity utilization and is undertaking a 50% capacity expansion at its Umbergaon facility, expected to commence operations in October 2026. The order book increased to ₹253 crore as of March 31, 2026, from ₹198 crore the previous year.

Karbonsteel Engineering Ltd's Board of Directors approved the audited standalone financial results for the half year and year ended March 31, 2026. The board also approved the re-appointment of internal, secretarial and cost auditors for the financial year 2026-27. Additionally, the board approved the closure/discontinuation of manufacturing operations at the company's Khopoli Plant due to operational and business requirements. The board meeting was held on May 30, 2026.

Karbonsteel Engineering Ltd has scheduled a Board of Directors meeting on May 30, 2026, to consider and approve the audited standalone financial results for the half year and financial year ended March 31, 2026. The trading window for dealing in the company's securities has been closed from April 1, 2026, and will remain closed until 48 hours after the declaration of the financial results.

Karbonsteel Engineering Ltd's monitoring agency report by CARE Ratings Limited for the half year ended March 31, 2026, indicates no deviation from the objects stated in the IPO offer document. The IPO size was ₹48.33 crore. There was a delay in the utilization of funds, which was approved by the board on November 13, 2025. All issue proceeds utilized in H2FY26 are towards the objects specified in the offer document.

Karbonsteel Engineering Ltd has announced the receipt of new orders aggregating ₹101.01 crores from a leading domestic infrastructure and engineering company. The order, received on April 16, 2026, is for the fabrication and supply of structures for Air Cooled Condensers (ACC). The company expects to execute the total quantity within 10 months from the issue of the Purchase Order/Letter of Intent and drawings. The transaction is domestic and does not involve any related party interests.

Karbonsteel Engineering Ltd has announced the closure of the trading window for dealing in the equity shares of the company. The closure is in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The trading window will remain closed from Wednesday, April 1, 2026, until 48 hours after the date of declaration of Audited Financial Results for the half year/Year ended on 31st March, 2026. Designated Persons, their Immediate Relatives, and the Connected Persons of the Company as defined under SEBI PIT Regulations are also intimated not to trade in the securities of the Company during this period.

The Board of Directors of Karbonsteel Engineering Ltd. approved a proposal to enhance the borrowing limits from Rs. 200 crores to Rs. 300 crores in a meeting on March 09, 2026. This decision aims to support the company's business expansion and funding requirements, pending shareholder approval. The board meeting started at 3.00 p.m. and concluded at 4.03 p.m.

Karbonsteel Engineering Ltd has won two major domestic orders aggregating ₹51.96 crore from leading infrastructure and engineering companies. The Company’s total confirmed order book stands at approximately ₹320 crore, surpassing its FY25 revenue of ₹273 crore. The contract involves the manufacturing and supply of MS painted fabricated structures and building structural components. The estimated near-term order pipeline, including potential export enquiries, is in the range of ₹100-200 crore. India’s continued infrastructure-led growth is driving sustained demand for structural steel fabrication. The Company’s diversified capabilities and RDSO-approved facility position it favourably within this growth cycle.

Karbonsteel Engineering Ltd has announced the receipt of multiple purchase orders amounting to Rs. 51.96 crores from a leading domestic infrastructure and engineering company on 17th February 2026. The orders are for the manufacturing and supply of MS painted fabricated structures and building structures. The delivery date for these orders is set for 31st May 2026.