Kinetic Engineering Reports Q1 FY27 Results: Net Loss at ₹12.96 Crore Amid Higher Material Costs and Inventory Movements

Automotive components manufacturer Kinetic Engineering Limited (CIN: L35912MH1970PLC014819) has announced its unaudited consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27).

The company recorded a consolidated net loss of ₹12.96 crore (₹1,296 lakhs) for the quarter, impacted by an increase in raw material costs and unfavorable inventory adjustments, compared to a net profit of ₹0.36 crore (₹36 lakhs) in the corresponding period of the previous year (Q1 FY26).

Consolidated Financial Performance Summary
(Figures in ₹ Crore, converted from ₹ Lakhs)

Revenue from Operations: Stood at ₹50.59 crore in Q1 FY27, registering a 43.1% YoY growth compared to ₹35.34 crore in Q1 FY26 and a 13.1% QoQ increase over ₹44.74 crore in Q4 FY26.

Total Income: Reached ₹52.61 crore, including other income of ₹2.02 crore, up 28.5% YoY from ₹40.95 crore in Q1 FY26 and 15.2% QoQ from ₹45.67 crore in Q4 FY26.

Profit / (Loss) Before Tax (PBT): Reported a loss before tax of ₹(12.96) crore in Q1 FY27, against a PBT of ₹0.52 crore in Q1 FY26 and ₹1.12 crore in Q4 FY26.

Profit / (Loss) After Tax (PAT): Came in at a net loss of ₹(12.96) crore, compared to a net profit of ₹0.36 crore in Q1 FY26 and a net loss of ₹(11.50) crore in Q4 FY26.

Profit / (Loss) Attributable to Owners of Parent: Stood at ₹(11.50) crore, while non-controlling interest accounted for ₹(1.47) crore.

Total Comprehensive Income / (Loss): Came in at ₹(12.96) crore for the quarter, compared to a positive total comprehensive income of ₹0.64 crore in Q1 FY26.

Operating Expenditure Breakdown

Total consolidated expenses for Q1 FY27 escalated to ₹65.57 crore, compared to ₹40.42 crore in Q1 FY26 and ₹44.55 crore in Q4 FY26:

Cost of Materials Consumed: Stood at ₹32.62 crore, up 55.9% YoY from ₹20.93 crore in Q1 FY26 and ₹28.86 crore in Q4 FY26.

Changes in Inventories: Recorded an increase/charge of ₹1.36 crore, against a credit/reduction of ₹(5.33) crore in Q4 FY26 and ₹0.16 crore in Q1 FY26.

Employee Benefits Expense: Stood at ₹10.20 crore, compared to ₹6.15 crore in Q1 FY26 and ₹6.76 crore in Q4 FY26.

Finance Costs: Totaled ₹1.63 crore, compared to ₹1.60 crore in Q1 FY26 and ₹1.43 crore in Q4 FY26.

Depreciation & Amortization: Reached ₹3.51 crore, up from ₹1.46 crore in Q1 FY26 and ₹1.83 crore in Q4 FY26.

Other Expenses: Stood at ₹16.25 crore, compared to ₹10.13 crore in Q1 FY26 and ₹10.99 crore in Q4 FY26.

Share Capital & Earnings Per Share

Paid-Up Equity Share Capital: Stood at ₹26.91 crore (₹2,691 lakhs) with a face value of ₹10 per share, increased from ₹23.41 crore as of June 30, 2025.

Earnings Per Share (EPS): Basic and diluted EPS for Q1 FY27 dropped into negative territory at ₹(4.82) per share (not annualised), compared to a positive EPS of ₹0.11 in Q4 FY26 and ₹0.27 in Q1 FY26.

Shares of KINETIC ENGINEERING LTD. was last trading in BSE at Rs. 259.10 as compared to the previous close of Rs. 267.15. The total number of shares traded during the day was 26102 in over 312 trades.

The stock hit an intraday high of Rs. 279.00 and intraday low of 256.00. The net turnover during the day was Rs. 6921287.00.

Source : Equity Bulls

Keywords

KINETICENGINEERING INE266B01017 Q1FY27 Q1FY2027 ResultUpdate