Kaka Industries FY26 Revenue Rises 33% to ₹263.23 Crore

Kaka Industries Limited reported FY26 revenue of ₹263.23 crore, a 33.1% year-on-year increase, while net profit rose 46% to ₹18.77 crore for the year ended March 31, 2026. The performance reflects higher sales and an improvement in profitability at the PVC and WPC products manufacturer.

What did Kaka Industries report for FY26?

Kaka Industries reported revenue from operations of ₹263.23 crore in FY26, compared with the prior-year base implied by its stated 33.1% growth. Net profit after tax rose 46% year on year to ₹18.77 crore. The reported financial performance was supported by the commissioning of the integrated Lasundra manufacturing facility.

The company manufactures PVC and WPC products in Gujarat and sells through dealers across India. Its product range is positioned around engineered polymer applications, including furniture, doors, windows and roofing products. The business is listed on the BSE SME platform.

The FY26 figures should be read in the context of the source data, which presents annual revenue as ₹2,632.3 million. This has been normalised to ₹263.23 crore. Similarly, the stated FY26 profit figure corresponds to ₹18.77 crore when expressed in the same reporting base.

How did Kaka Industries perform in the second half of FY26?

Kaka Industries recorded sales of ₹138.34 crore in the half year ended March 2026, up 35.2% year on year from ₹102.33 crore in the corresponding period of the previous year. Operating profit increased to ₹18.65 crore from ₹13.34 crore, while reported PAT rose to ₹9.92 crore from ₹6.35 crore.

The March 2026 half-year operating margin was 13.5%, marginally above 13.0% a year earlier. Net profit margin improved to 7.2% from 6.2%. Higher revenue and a broadly stable operating margin together resulted in stronger operating profit and net profit during the period.

In the preceding half year ended September 2025, sales were ₹124.89 crore, operating profit was ₹16.75 crore and PAT was ₹8.85 crore. Combining the two disclosed half-year periods gives FY26 sales of ₹263.23 crore and PAT of ₹18.77 crore.

What drove the FY26 growth?

Kaka Industries attributed its FY26 performance to revenue growth, margin expansion and the full commissioning of its integrated Lasundra facility. The company has also cited volume traction across key product categories in its business updates.

The company reported 30% revenue growth in H1 FY26, with revenue from operations of ₹124.89 crore. EBITDA for that period was ₹16.75 crore, up 31.5% year on year, while net profit increased 35.9% to ₹8.85 crore. The second-half figures showed the sales momentum continuing, with revenue rising 35.2% year on year.

Capacity utilisation had reached about 80% in recent months, according to the company material provided. This operational utilisation is relevant because growth in manufacturing businesses depends on the ability to convert installed capacity into volume while maintaining cost discipline.

How could the solar plant affect Kaka Industries' margins?

Kaka Industries commissioned a 7.5 MW captive solar power plant and expects it to save about ₹35 lakh to ₹40 lakh each month in power costs. The company has said the expected savings should provide recurring support to EBITDA margins from FY27.

On an annualised basis, the indicated monthly savings imply a potential cost reduction of roughly ₹4.2 crore to ₹4.8 crore, subject to generation, consumption and operating conditions. The source does not provide a revised margin target linked to the solar plant, so the eventual financial benefit will depend on implementation and energy-cost conditions.

For FY27, the company has identified a stronger supply chain, new higher-margin products in PVC, WPC and uPVC, and better margins as its operating priorities. The solar facility forms part of this stated cost-efficiency plan rather than a separate revenue expansion project.

What is Kaka Industries targeting for FY27?

Kaka Industries has targeted organic revenue growth of 25% to 30% year on year in FY27, based on its operational capacities. The target follows the 33.1% revenue growth reported for FY26 and points to continued emphasis on capacity utilisation and product expansion.

The company has also outlined plans for new, higher-margin products across PVC, WPC and uPVC categories. These initiatives are intended to complement supply-chain strengthening and the anticipated power-cost savings from the 7.5 MW solar plant.

For investors, the relevant measures remain revenue conversion, operating margin performance, energy-cost savings and delivery against the 25% to 30% organic-growth target. Kaka Industries also reported a 25% rise in revenue in its Q1 FY27 business update dated July 13, 2026, although the supplied material does not provide the associated absolute quarterly revenue figure.

Conclusion

Kaka Industries ended FY26 with revenue of ₹263.23 crore and PAT of ₹18.77 crore, representing 33.1% and 46% year-on-year growth respectively. The second half delivered higher sales, operating profit and net profit than the first half, while operating and net margins improved modestly from the previous year.

The next disclosures to watch are progress toward the company's FY27 organic-growth target of 25% to 30%, the financial contribution from the 7.5 MW solar plant, and evidence of margin improvement from supply-chain initiatives and higher-margin PVC, WPC and uPVC products.