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Kamdhenu Ventures profit collapses 97% as Q4 slips into loss

The holding company for Kamdhenu Colour and Coatings saw annual net profit crater to ₹20 lakhs, while revenue fell 7.8% for the year.

3 earlier stories on Kamdhenu Ventures Ltd.
Mkt cap₹176 cr
P/E37.04×
ROE4.02%
Debt / eq.0.14
97% Year-on-year decline in consolidated net profit for FY26.

What's new

  • Consolidated net profit dropped to ₹20 lakhs from ₹666 lakhs in FY25.
  • Revenue from operations fell 7.8% to ₹245 crore.
  • The company swung to a Q4 net loss of ₹267 lakhs.

Why this matters

The earnings drop shows the volatility within the paint manufacturing subsidiary. Interest income from a recent warrant issue provided a small buffer for the standalone entity, but the core business is struggling with rising costs and inventory adjustments.

What we're watching

  • Whether the Q4 loss signals a deeper structural issue in the paint business.
  • Management's plan to address the rising expense profile.
  • The sustainability of interest income as a primary contributor to standalone net income.

The full read

Kamdhenu Ventures ended FY26 with a 97% collapse in consolidated net profit, falling to ₹20 lakhs from ₹666 lakhs in the prior year. Revenue from operations also slipped 7.8% to ₹245 crore. The final quarter proved difficult, with the company swinging to a net loss of ₹267 lakhs, compared to a profit of ₹188.5 lakhs in the same period last year. Management attributed the quarterly loss to higher expenses and inventory adjustments. The standalone entity reported net income of ₹13.2 lakhs for the quarter, but this was buoyed by interest income from funds raised via a preferential warrant issue rather than core operations. This result is a material negative surprise that shifts the focus toward the underlying health of its paint manufacturing subsidiary.

Questions answered

What caused the sharp decline in annual profit?
The company reported a 97% drop in net profit to ₹20 lakhs, driven by a 7.8% decline in revenue and a swing to a loss in the final quarter.
How did the fourth quarter perform compared to the previous year?
The company recorded a net loss of ₹267 lakhs in Q4, a reversal from the profit of ₹188.5 lakhs reported in the same period last year.
What supported the standalone entity's net income?
The standalone entity recorded net income of ₹13.2 lakhs in the quarter, supported by interest income earned from funds raised through a preferential warrant issue.
What is the scale of the revenue decline?
Revenue from operations for the year ended March 2026 fell 7.8% to ₹245 crore.
Mentioned: Kamdhenu Colour and Coatings
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

  1. 26 May 2026 · 8:11 PM IST Kamdhenu Ventures profit collapses 97% as Q4 slips into loss
  2. today NSE penalizes Kamdhenu Ventures for compliance officer vacancy
  3. today Kamdhenu Ventures releases summary of previously reported FY26 results
  4. today Kamdhenu Ventures profit plunges 97% as paint business struggles