Why did profit fall even though revenue grew?

Net profit declined about 13% to ₹12.07 crore despite a 4.6% revenue increase. The company attributed the margin compression to exceptional costs from implementing the new wage code.

What does the promoter exit mean for KPT?

The founder family has completely left, handing control to external professional managers. This is a major governance shift for the nano-cap, which now lacks a founding family to set strategic direction.

Did the company change its dividend?

No. KPT maintained its dividend at ₹3 per share for FY26, unchanged from the prior year despite the drop in net profit.

How big is KPT Industries?

KPT reported FY26 revenue of ₹173.77 crore, making it a nano-cap in the engineering sector. Its core segments are power tools and blowers.

Earnings · Engineering - Industrial Equipments · Micro cap

KPT profit slips 13% as wage-code costs bite; founder family now fully out

Revenue grew 4.6% to ₹173.77 crore but net profit fell to ₹12.07 crore. The promoter family has completely exited, leaving the nano-cap under external professional managers.

— 1 earlier story on KPT Industries Ltd. →

KPT By Tipsheet Editorial 29 May 2026 · 9:50 PM IST Verify on BSE · NSE

Mkt cap₹173 cr

P/E14.15×

ROE20.36%

Debt / eq.0.33

Div yld0.59%

₹12.07 cr FY26 net profit, down ~13% despite modest revenue growth.

What's new

FY26 revenue rose 4.6% to ₹173.77 crore, but net profit declined ~13% to ₹12.07 crore.
The profit drop is linked to exceptional expenses from implementing the new wage code.
The promoter family has fully exited, and the company is now run by external professional management.

Why this matters

This is the first full-year result under external management after the founder family's total exit. The core business is stagnant, and professional management has yet to articulate a new growth path. For a nano-cap, the lack of a clear catalyst is a problem.

What we're watching

Whether new management outlines a strategy beyond maintaining the status quo in power tools and blowers.
If the wage-code expense recurs in future quarters or is a one-time event.
Any board-level moves or capital-allocation shifts post-promoter exit.

The full read

KPT Industries' FY26 results are the first under external professional management. Revenue grew 4.6% to ₹173.77 crore. Net profit fell ~13% to ₹12.07 crore. The gap is explained by exceptional costs from the new wage code. The promoter family is gone. The dividend stayed at ₹3. For a nano-cap power tools maker, the results show a business holding steady but not growing. Operational stability is there. A new strategy is not. The open question is whether professional management can find a catalyst the founders did not.

Questions answered

Why did profit fall even though revenue grew?: Net profit declined about 13% to ₹12.07 crore despite a 4.6% revenue increase. The company attributed the margin compression to exceptional costs from implementing the new wage code.
What does the promoter exit mean for KPT?: The founder family has completely left, handing control to external professional managers. This is a major governance shift for the nano-cap, which now lacks a founding family to set strategic direction.
Did the company change its dividend?: No. KPT maintained its dividend at ₹3 per share for FY26, unchanged from the prior year despite the drop in net profit.
How big is KPT Industries?: KPT reported FY26 revenue of ₹173.77 crore, making it a nano-cap in the engineering sector. Its core segments are power tools and blowers.

Mentioned: ₹173.77 crore revenue · ₹12.07 crore net profit · Promoter family exit

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

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29 May 2026 · 9:50 PM IST KPT profit slips 13% as wage-code costs bite; founder family now fully out
1d ago KPT profit drops 13% on wage-code costs, revenue inches up 4.6%