What’s new

• Unaudited Q1 revenue ₹76.12 cr, up 25% YoY
• Growth broad-based across all product categories
• 7.5 MW captive solar plant in Kheda now fully operational
• Company maintained margins by passing on higher PVC costs

Why it matters

The 25% revenue growth sustains momentum from FY26, and the operational solar plant should improve bottom line in coming quarters. With stable margins and volume visibility, Kaka is executing well in a competitive PVC profile segment.

What we’re watching

• Impact of solar plant on power costs and margins from Q2
• Any capacity expansion plans to support continued growth
• Demand trends in PVC and wood-substitute profiles

The full read

Kaka Industries kicked off FY27 with a 25% revenue surge to ₹76.12 crore in Q1. The strong run from FY26 continues. The company held margins firm by passing on higher PVC raw material costs to customers, a strategy that has allowed it to maintain profitability despite inflationary pressures, and its captive solar plant is now fully operational, promising lower power costs in coming quarters. The update is a positive signal but hardly a shock: the market already expected continued growth and the solar plant had been telegraphed. What stands out is execution: broad-based growth across categories and stable margins in an inflationary environment. The next test: whether the solar savings flow through to profits from Q2 onwards.

Primary source: BSE · NSE