Keerthi Industries quarterly results and financials

Keerthi Industries (BSE 518011)₹40.10−0.10%(9 Nov 2026 close)Cement & Cement Products

Key facts

In the Mar 2026 quarter (standalone), Keerthi Industries reported sales of ₹24.56 Cr, up 39.0% from Mar 2025, and net profit of −₹1.75 Cr. For the year to Mar 2026, sales were ₹93.69 Cr and net profit −₹14.99 Cr.

Sales (Mar 2026): ₹24.56 Cr
Net profit (Mar 2026): −₹1.75 Cr
Sales (FY Mar 2026): ₹93.69 Cr
Net profit (FY Mar 2026): −₹14.99 Cr
EPS (Mar 2026): ₹−2.21
Borrowings (Mar 2026): ₹23.90 Cr

Company filings, standalone accounts; latest reported quarter Mar 2026

Keerthi Industries quarterly results

₹ crore unless stated; each column is a quarter.

Keerthi Industries Quarterly results
	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales	58.08	47.35	55.97	50.03	37.38	22.05	24.76	17.67	30.46	22.40	15.83	24.56
Expenses	57.69	50.00	53.47	55.45	41.04	30.73	31.07	19.76	30.47	26.04	20.27	27.66
Operating Profit	0.71	−2.43	2.82	−5.11	−3.50	−8.55	−6.18	−2.00	0.20	−3.51	−4.34	−2.94
OPM %	1.2%	−5.1%	5.0%	−10.1%	−9.3%	−38.5%	−24.8%	−11.2%	0.6%	−15.5%	−27.2%	−11.9%
Other Income	0.38	0.27	0.32	0.41	0.34	1.46	0.70	1.02	0.64	0.10	0.59	8.03
Interest	1.40	1.53	1.57	1.56	1.52	1.56	1.61	1.64	1.59	1.49	1.31	0.98
Depreciation	2.92	3.02	3.04	3.01	2.99	2.88	2.84	2.77	2.79	2.82	2.33	1.79
Profit before tax	−3.28	−6.72	−1.52	−9.25	−7.68	−11.53	−9.94	−5.40	−3.55	−7.73	−7.40	2.30
Tax %	31.5%	−12.7%	−30.5%	−51.5%	−28.6%	−60.8%	−11.5%	−26.2%	−32.9%	−29.5%	−22.9%	176.2%
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.99	0.99	0.00	0.00	0.00	−0.99	7.99
Net Profit	−4.31	−5.87	−1.05	−4.50	−5.47	−4.51	−8.80	−3.97	−2.38	−5.42	−5.69	−1.75
EPS (Rs)	−5.37	−7.33	−1.31	−5.62	−6.86	−5.65	−10.99	−4.98	−2.99	−6.79	−7.13	−2.21

Keerthi Industries profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Keerthi Industries Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	182	197	192	184	171	231	249	240	211	120	93.69	93.25
Expenses	141	166	166	177	165	184	219	241	217	137	104	104
Operating Profit	41.07	32.08	26.08	8.02	8.02	49.13	31.08	0.00	−4.01	−18.05	−11.02	−10.59
OPM %	23.0%	16.0%	14.1%	4.2%	4.8%	21.0%	12.0%	−0.1%	−1.8%	−15.0%	−11.0%	−11.4%
Other Income	3.01	2.01	2.01	4.01	10.03	−3.01	4.01	2.01	1.01	2.01	9.03	9.36
Interest	5.99	6.99	6.99	6.99	5.99	5.01	2.99	3.01	6.01	7.01	5.01	5.37
Depreciation	7.99	8.98	10.98	10.99	10.99	9.98	8.98	8.99	11.98	11.97	9.98	9.73
Profit before tax	29.99	18.02	11.01	−5.01	1.01	30.02	22.01	−10.99	−20.99	−34.03	−15.99	−16.38
Tax %	33.0%	37.0%	27.0%	−101.0%	135.0%	35.0%	30.0%	−35.0%	−24.0%	−32.0%	−7.0%	—
Exceptional items	0.74	0.00	−0.46	0.00	6.02	−3.08	0.22	0.00	0.43	0.20	7.73	7.00
Net Profit	20.01	11.01	8.01	0.00	0.00	18.99	16.01	−6.99	−16.01	−22.99	−14.99	−15.24
EPS (Rs)	24.89	14.26	9.94	0.10	−0.41	24.07	19.56	−9.05	−19.63	−28.49	−19.12	−19.12
Dividend payout %	0.0%	0.0%	9.0%	1,031.0%	−226.0%	6.0%	8.0%	0.0%	0.0%	0.0%	0.0%	—

Keerthi Industries balance sheet

₹ crore, at each year end.

Keerthi Industries Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	8.03	8.03	8.03	8.02	8.02	8.03	8.04	8.03	8.03	8.03	8.04	8.03
Reserves	23.08	43.14	41.13	49.16	48.17	47.15	66.14	80.17	71.20	56.17	33.08	18.03
Borrowings	82.10	85.92	65.95	62.87	60.92	55.93	29.88	29.91	64.99	60.94	57.83	23.90
Other Liabilities	37.19	38.18	60.29	51.25	39.19	32.15	47.11	44.17	43.21	50.24	70.29	77.26
Total Liabilities	150	175	176	171	157	143	150	163	188	174	169	126
Fixed Assets	107	102	121	114	107	100	92.19	86.28	80.27	114	101	82.24
CWIP	0.00	21.05	0.00	0.00	0.00	0.00	0.00	9.02	41.15	2.01	0.00	0.00
Investments	0.00	0.00	0.00	0.99	0.99	1.99	1.99	2.99	2.99	2.99	2.99	0.00
Other Assets	43.02	52.96	55.03	54.97	48.02	40.98	55.99	63.99	63.02	55.04	63.98	43.98
Inventories	15.52	20.63	19.29	20.74	15.40	14.01	21.59	28.13	31.36	27.48	22.89	10.95
Trade receivables	1.69	2.25	2.66	3.34	3.50	3.50	5.33	6.21	6.55	5.97	4.68	0.00
Cash & equivalents	3.40	3.17	9.81	7.72	1.03	3.42	10.27	2.81	2.42	1.49	1.55	1.26
Total Assets	150	175	176	171	157	143	150	163	188	174	169	126

Keerthi Industries cash flow

₹ crore, for each year.

Keerthi Industries Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	18.09	25.12	34.15	26.10	8.03	12.04	38.17	9.04	6.02	16.07	5.02	1.01
Cash from investing activity	0.00	−23.07	−9.03	−3.01	−4.01	−4.01	−1.01	−14.04	−35.13	−6.02	3.01	34.08
Cash from financing activity	−16.94	−1.99	−17.94	−23.89	−8.97	−4.98	−28.89	−3.98	29.86	−9.96	−7.97	−34.84
Net cash flow	1.01	0.00	6.99	−2.01	−5.99	3.01	6.99	−9.01	1.01	−0.99	0.00	0.00
Capex	0.08	3.16	7.41	3.61	0.00	3.51	2.59	12.91	35.39	6.83	0.00	5.35
Free cash flow	18.02	1.01	26.04	23.03	8.01	9.01	35.01	−4.01	−29.04	9.01	7.01	−4.01
CFO / OP %	80.1%	79.1%	121.1%	107.1%	101.1%	150.0%	85.0%	44.1%	−1,761.9%	−409.9%	−26.9%	−16.9%

Keerthi Industries ratios

Working-capital days and returns, by year.

Keerthi Industries Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	4	5	5	6	7	7	8	9	10	10	14	0
Inventory days	434	466	352	399	223	238	330	288	462	282	383	218
Days payable	421	339	294	332	206	185	157	118	233	287	792	897
Cash conversion cycle	17	131	63	73	23	61	181	180	239	5	−395	−679
Working capital days	−71	−45	−99	−83	−85	−109	−15	6	−7	−43	−155	−214
ROCE %	17.1%	27.0%	20.1%	16.0%	1.0%	0.0%	38.0%	23.0%	−6.0%	−11.0%	−25.0%	−24.9%

Keerthi Industries: frequently asked questions

What are the latest quarterly results of Keerthi Industries?

For the Mar 2026 quarter, Keerthi Industries reported sales of ₹24.56 Cr, up 39.0% year on year and net profit of −₹1.75 Cr. The operating margin was −11.9%.

What is the annual revenue of Keerthi Industries?

Keerthi Industries' sales for the year to Mar 2026 were ₹93.69 Cr; over the last twelve months they were ₹93.25 Cr.

What is the net profit of Keerthi Industries?

Net profit for the year to Mar 2026 was −₹14.99 Cr, and −₹15.24 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−19.12.

How much debt does Keerthi Industries have?

Keerthi Industries reported borrowings of ₹23.90 Cr at Mar 2026, against cash and equivalents of ₹1.26 Cr.

What is the free cash flow of Keerthi Industries?

Cash from operations was ₹1.01 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹4.01 Cr.

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