How severe was the Q4 profit decline?

Standalone net profit fell to ₹3.11 lakh in Q4 from ₹33.98 lakh in the same quarter last year, a drop of over 90%.

Did the full-year results show improvement?

Full-year net profit rose marginally to ₹79.39 lakh from ₹68.73 lakh, but the annual improvement was negligible against the quarterly crash.

What other changes did the filing disclose?

Kkalpana did not recommend a dividend and reported a change in the role of its Company Secretary.

Is there a strategic shift or one-time event mentioned?

The filing does not disclose any strategic developments or one-time items to explain the Q4 profit collapse. It is presented as a mandatory periodic result.

Earnings · Plastic Products · Micro cap

Kkalpana's Q4 profit plunges 91% to ₹3.11 lakh

A routine annual results filing for a nano-cap shows a quarterly profit collapse and no explanation for it.

— 1 earlier story on Kkalpana lndustries (India) Ltd. →

KKALPANAIND By Tipsheet Editorial 25 May 2026 · 7:27 PM IST Verify on BSE · NSE

Mkt cap₹65.85 cr

P/E82.94×

ROE1.88%

Debt / eq.0.68

₹3.11 lakh Standalone Q4 net profit, down from ₹33.98 lakh YoY.

What's new

Standalone Q4 net profit fell to ₹3.11 lakh from ₹33.98 lakh in the same quarter last year.
Full-year net profit rose marginally to ₹79.39 lakh from ₹68.73 lakh.
The company recommended no dividend and reported a change in its Company Secretary.

Why this matters

A quarterly profit collapse of this magnitude demands an explanation the filing does not provide. The annual number barely masks the underlying quarterly volatility.

What we're watching

Any management commentary on the Q4 operating performance decline.
The new Company Secretary's role amid the profit drop.
Whether the filing's routine framing holds up against the quarterly numbers.

The full read

Kkalpana Industries reported a 91% year-on-year drop in Q4 standalone profit to just ₹3.11 lakh. For a company with a market cap of ₹67 crore, that quarterly result is negligible in absolute terms but severe in relative terms. The full-year profit did edge up to ₹79.39 lakh from ₹68.73 lakh, but that annual figure now carries the weight of a single terrible quarter. The filing offers no explanation for the collapse, nor any strategic update beyond a change in the Company Secretary and the omission of a dividend. The core information is backward-looking and routine. The missing piece is why profit evaporated in the final three months of the fiscal year.

Questions answered

How severe was the Q4 profit decline?: Standalone net profit fell to ₹3.11 lakh in Q4 from ₹33.98 lakh in the same quarter last year, a drop of over 90%.
Did the full-year results show improvement?: Full-year net profit rose marginally to ₹79.39 lakh from ₹68.73 lakh, but the annual improvement was negligible against the quarterly crash.
What other changes did the filing disclose?: Kkalpana did not recommend a dividend and reported a change in the role of its Company Secretary.
Is there a strategic shift or one-time event mentioned?: The filing does not disclose any strategic developments or one-time items to explain the Q4 profit collapse. It is presented as a mandatory periodic result.

Mentioned: Kkalpana Industries · ₹67 crore market cap · Q4 FY26

Primary source BSE · NSE · Tijori

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

Story so far

All notes on KKALPANAIND →

25 May 2026 · 7:27 PM IST Kkalpana's Q4 profit plunges 91% to ₹3.11 lakh
42d ago Kkalpana's Q4 profit fell 91%, even as annual profit crept up