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Earnings · Solvent Extraction · Micro cap

Khandelwal Extractions revenue falls 18%, profit drops to ₹21 lakh

Annual results confirm a shrinking top line and profit for the ₹16 crore nano-cap. The numbers were already known.

1 earlier story on Khandelwal Extractions Ltd.
Mkt cap₹16.14 cr
P/E149.48×
ROE10.15%
Debt / eq.0.00
₹59.45 lakh FY26 annual revenue, down from ₹72.81 lakh.

What's new

  • Revenue declined 18% year-over-year to ₹59.45 lakh from ₹72.81 lakh.
  • Net profit fell to ₹21.00 lakh from ₹29.60 lakh in the same period.
  • The auditors gave an unmodified opinion on the financial statements.

Why this matters

Khandelwal Extractions is a micro-business with a ₹16 crore market cap. An 18% revenue drop on a base of ₹59 lakh is not a blip. It's a trend toward insignificance.

What we're watching

  • Whether the revenue decline stabilises in the coming quarters.
  • Any management commentary on the drivers of the top-line drop.
  • The company's ability to operate at this scale, with revenue under ₹60 lakh.

The full read

Khandelwal Extractions is a ₹16 crore market cap company. Its annual revenue is ₹59.45 lakh, down 18% from ₹72.81 lakh. Profit fell from ₹29.60 lakh to ₹21.00 lakh. The filing is routine. It confirms quarterly numbers already disclosed. At this scale, the trend is the story. The business is contracting on both lines. The gap between its market capitalisation and its revenue keeps widening.

Questions answered

What are the key numbers from Khandelwal Extractions' FY26 results?
Revenue fell to ₹59.45 lakh from ₹72.81 lakh, a decline of about 18%. Net profit dropped to ₹21.00 lakh from ₹29.60 lakh.
Why doesn't this annual filing change the outlook?
The company had already disclosed its quarterly results. This filing aggregates those known numbers into an annual format, adding no new financial data.
Is the audit report a concern?
No. The auditors issued an unmodified opinion, indicating they found no material misstatements or issues with the financials.
How significant is this revenue decline for a company of this size?
At a ₹16 crore market cap, a revenue base of ₹59.45 lakh is already extremely small. An 18% drop in a single year shrinks the business further, raising questions about its viability at this scale.
Mentioned: Khandelwal Extractions · ₹16 crore market cap · FY26
Primary source BSE · NSE · Tijori

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

  1. 25 May 2026 · 4:58 PM IST Khandelwal Extractions revenue falls 18%, profit drops to ₹21 lakh
  2. 42d ago Khandelwal Extractions posts lower annual revenue and profit