Kalyani Steels quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	494	456	+8.4%
EBITDA	107	85.4	+25.5%
EBITDA margin	21.7%	18.7%	+2.9 pts
Profit before tax	108	83.7	+29.5%
Net profit	79.9	62.5	+27.7%
EPS	₹18.30	₹14.33	+27.7%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q4 FY22Mar 2022

Expenses
	494	465	484	462	456	443	544	484	492	461	0.0	449
	17.0	15.8	14.9	14.9	15.2	15.2	13.7	13.4	14.9	13.3	0.0	14.9
	511	480	499	477	471	458	558	497	507	475	0.0	464
	262	240	253	242	238	226	286	254	251	243	0.0	243
	0.1	3.9	10.9	10.6	28.6	8.3	15.8	39.5	34.2	14.0	0.0	12.1
	−4.3	7.1	−8.4	−3.0	−5.5	16.2	8.5	−4.3	5.8	−1.2	0.0	−7.4
	23.3	24.1	19.7	22.8	22.0	22.2	22.3	20.7	20.0	20.3	0.0	15.3
	2.0	1.8	1.5	2.5	2.0	2.7	4.2	5.5	4.8	4.1	0.0	3.1
	13.8	13.5	13.7	13.7	14.8	14.8	15.8	15.7	15.9	16.0	0.0	12.0
	106	98.7	110	98.1	87.8	84.7	97.3	90.4	84.9	107	0.0	89.6
	403	389	401	387	388	375	450	422	417	402	0.0	367
	107	91.4	99.0	91.5	85.4	85.3	114	83.4	96.1	79.2	0.0	96.5
	93.4	77.8	85.3	77.8	70.6	70.5	98.5	67.6	80.2	63.2	0.0	84.5
Profit
	108	91.8	98.7	90.2	83.7	83.1	108	75.5	90.3	72.4	0.0	96.2
	0.0	0.0	−1.2	−6.7	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	108	91.8	97.5	83.5	83.7	83.1	108	75.5	90.3	72.4	0.0	96.2
	27.9	22.3	25.0	21.8	21.2	21.1	27.3	17.9	22.4	18.8	0.0	24.8
	0.6	1.3	0.9	−0.3	0.0	0.3	0.6	1.1	0.5	1.4	0.0	−2.0
	28.5	23.6	25.8	21.5	21.2	21.4	27.9	19.0	22.9	20.2	0.0	22.8
	79.9	68.2	71.7	62.0	62.5	61.7	80.2	56.4	67.4	52.2	0.0	73.5
	79.9	68.2	71.7	62.0	62.5	61.7	80.2	56.4	67.4	52.2	0.0	73.5
	−0.2	−0.2	0.1	0.2	−0.7	−0.2	0.1	−0.3	−0.5	−0.2	0.0	2.9
	79.7	68.1	71.8	62.1	61.8	61.4	80.3	56.1	66.9	52.0	0.0	76.4
	79.9	68.2	71.7	62.0	62.5	61.7	80.2	—	67.4	52.2	0.0	69.6
	0.0	0.0	0.0	0.0	0.0	0.0	0.0	—	0.0	0.0	0.0	3.8
Per share
	₹18.30	₹15.63	₹16.42	₹14.19	₹14.33	₹14.13	₹18.37	₹12.93	₹15.44	₹11.96	₹0.00	₹15.95
	₹18.30	₹15.63	₹16.42	₹14.19	₹14.33	₹14.13	₹18.37	₹12.93	₹15.44	₹11.96	₹0.00	₹15.95
Profit build-up — alternate / pre-Ind-AS tags
	—	91.8	—	—	—	—	—	—	—	—	—	—
	—	68.2	—	—	—	—	—	—	—	—	—	—
Continuing & discontinued operations
	—	68.2	—	—	—	—	—	—	—	—	—	—
Other comprehensive income — detail
	−0.2	−0.2	0.1	0.2	−0.7	−0.2	0.1	—	—	—	—	—
	0.2	0.2	−0.1	−0.2	0.7	0.2	−0.1	—	—	—	—	—
	—	—	—	—	—	—	—	0.3	0.5	0.2	0.0	—
	−0.1	−0.1	0.0	0.0	0.0	—	0.0	—	—	—	—	—
	79.7	68.1	71.8	62.1	61.8	61.4	80.3	—	67.4	52.0	0.0	72.6
	0.0	0.0	0.0	0.0	0.0	0.0	0.0	—	0.0	0.0	0.0	3.8
Per share — as-filed variants
	₹18.30	₹15.63	₹16.42	₹14.19	₹14.33	₹14.13	₹18.37	₹12.93	₹15.44	₹11.96	₹0.00	₹15.95
	₹18.30	₹15.63	₹16.42	₹14.19	₹14.33	₹14.13	₹18.37	₹12.93	₹15.44	₹11.96	₹0.00	₹15.95
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	236	214	229	212	195	192	234	194	201	206	—	201
	47.8%	46.1%	47.2%	46.0%	42.8%	43.4%	43.0%	40.2%	40.9%	44.7%	—	44.9%
Adjusted (ex-exceptional items) — derived
	108	91.8	98.7	90.2	83.7	83.1	108	75.5	90.3	72.4	0.0	96.2
	0.0	0.0	−1.2	−6.7	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	79.9	68.2	72.6	67.0	62.5	61.7	80.2	56.4	67.4	52.2	0.0	73.5
	₹18.30	₹15.63	₹16.62	₹15.33	₹14.33	₹14.13	₹18.37	₹12.93	₹15.44	₹11.96	—	₹15.95

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

KSL₹851.65

Kalyani Steels Limited

· Capital Goods & Defence

Annual Quarterly₹ CrorePeersKIRLOSIND SAMBHV JTLIND GOODLUCK VENUSPIPES VSSL BANSALWIRE MANINDSMcap ₹3,724 Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q4 FY22 31/03/2022	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	448.8	0.0	461.5	492.1	484.0	544.3	442.8	456.1	462.4	484.4	464.6	494.4
Other Income	14.9	0.0	13.3	14.9	13.4	13.7	15.2	15.2	14.9	14.9	15.8	17.0
Total Income	463.7	0.0	474.7	507.0	497.4	558.0	458.0	471.2	477.3	499.3	480.4	511.4
Expenses
+ Cost of Materials Consumed	242.6	0.0	242.6	251.0	254.3	286.0	226.0	237.8	242.3	253.4	239.6	262.4
+ Purchases of Stock-in-Trade	12.1	0.0	14.0	34.2	39.5	15.8	8.3	28.6	10.6	10.9	3.9	0.1
+ Changes in Inventories	-7.4	0.0	-1.2	5.8	-4.3	8.5	16.2	-5.5	-3.0	-8.4	7.1	-4.3
+ Employee Benefit Expense	15.3	0.0	20.3	20.0	20.7	22.3	22.2	22.0	22.8	19.7	24.1	23.3
+ Finance Costs	3.1	0.0	4.1	4.8	5.5	4.2	2.7	2.0	2.5	1.5	1.8	2.0
+ Depreciation & Amortisation	12.0	0.0	16.0	15.9	15.7	15.8	14.8	14.8	13.7	13.7	13.5	13.8
+ Other Expenses	89.6	0.0	106.6	84.9	90.4	97.3	84.7	87.8	98.1	109.8	98.7	105.7
Total Expenses	367.4	0.0	402.3	416.7	421.9	449.9	374.9	387.5	387.0	400.5	388.5	403.0
EBITDA	96.5	0.0	79.2	96.1	83.4	114.3	85.3	85.4	91.5	99.0	91.4	107.2
EBIT	84.5	0.0	63.2	80.2	67.6	98.5	70.5	70.6	77.8	85.3	77.8	93.4
Profit
PBT before Exceptional Items	96.2	0.0	72.4	90.3	75.5	108.1	83.1	83.7	90.2	98.7	91.8	108.4
+ Exceptional Items	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-6.7	-1.2	0.0	0.0
Pretax Income	96.2	0.0	72.4	90.3	75.5	108.1	83.1	83.7	83.5	97.5	91.8	108.4
+ Current Tax	24.8	0.0	18.8	22.4	17.9	27.3	21.1	21.2	21.8	25.0	22.3	27.9
+ Deferred Tax	-2.0	0.0	1.4	0.5	1.1	0.6	0.3	0.0	-0.3	0.9	1.3	0.6
Tax Expense	22.8	0.0	20.2	22.9	19.0	27.9	21.4	21.2	21.5	25.8	23.6	28.5
Net Income	73.5	0.0	52.2	67.4	56.4	80.2	61.7	62.5	62.0	71.7	68.2	79.9
+ Net Income — Continuing Ops	73.5	0.0	52.2	67.4	56.4	80.2	61.7	62.5	62.0	71.7	68.2	79.9
+ Other Comprehensive Income	2.9	0.0	-0.2	-0.5	-0.3	0.1	-0.2	-0.7	0.2	0.1	-0.2	-0.2
Total Comprehensive Income	76.4	0.0	52.0	66.9	56.1	80.3	61.4	61.8	62.1	71.8	68.1	79.7
Net Income to Common	69.6	0.0	52.2	67.4	—	80.2	61.7	62.5	62.0	71.7	68.2	79.9
Minority Interest	3.8	0.0	0.0	0.0	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Per Share
Basic EPS	15.95	0.00	11.96	15.44	12.93	18.37	14.13	14.33	14.19	16.42	15.63	18.30
Diluted EPS	15.95	0.00	11.96	15.44	12.93	18.37	14.13	14.33	14.19	16.42	15.63	18.30
Profit Build-up — Alternate / Pre-Ind-AS Tags
PBT before Exceptional & Extraordinary Items	—	—	—	—	—	—	—	—	—	—	91.8	—
Profit for the Period before Minority Interest	—	—	—	—	—	—	—	—	—	—	68.2	—
Continuing & Discontinued Operations
Profit from Continuing Operations	—	—	—	—	—	—	—	—	—	—	68.2	—
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	0.1	-0.2	-0.7	0.2	0.1	-0.2	-0.2
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	-0.1	0.2	0.7	-0.2	-0.1	0.2	0.2
+ Tax on Items NOT to be Reclassified — alt tag	—	0.0	0.2	0.5	0.3	—	—	—	—	—	—	—
+ Tax on Items to be Reclassified	—	—	—	—	—	0.0	—	0.0	0.0	0.0	-0.1	-0.1
Comprehensive Income — Owners of Parent	72.6	0.0	52.0	67.4	—	80.3	61.4	61.8	62.1	71.8	68.1	79.7
Comprehensive Income — Non-controlling Interests	3.8	0.0	0.0	0.0	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Per Share — as-filed variants
Basic EPS — Continuing Operations	15.95	0.00	11.96	15.44	12.93	18.37	14.13	14.33	14.19	16.42	15.63	18.30
Diluted EPS — Continuing Operations	15.95	0.00	11.96	15.44	12.93	18.37	14.13	14.33	14.19	16.42	15.63	18.30
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	201.5	—	206.1	201.1	194.5	233.9	192.2	195.2	212.5	228.5	214.1	236.2
Gross Margin %	44.89	—	44.66	40.86	40.18	42.97	43.41	42.81	45.96	47.18	46.08	47.78
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	96.2	0.0	72.4	90.3	75.5	108.1	83.1	83.7	90.2	98.7	91.8	108.4
− Exceptional Items (reconciliation)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-6.7	-1.2	0.0	0.0
Net Income Adj (tax-effected)	73.5	0.0	52.2	67.4	56.4	80.2	61.7	62.5	67.0	72.6	68.2	79.9
EPS Adj	15.95	—	11.96	15.44	12.93	18.37	14.13	14.33	15.33	16.62	15.63	18.30
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	5.00	—	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00
Paid Up Equity Capital	21.9	—	21.9	21.9	21.9	21.9	21.9	21.9	21.9	21.9	21.9	21.9

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Kalyani Steels Q2 FY27 results (July–September 2026)

Filed with NSE on Wednesday, 28 October 2026 at 2:09 pm IST

Kalyani Steels (NSE: KSL) reported its Q2 FY27 results (July–September 2026) on Wednesday, 28 October 2026 at 2:09 pm IST. Consolidated net profit was ₹79.9 crore, up 27.7% from ₹62.5 crore in Q2 FY26 and up 17.0% from ₹68.2 crore in Q1 FY27. Revenue from operations was ₹494 crore, up 8.4% year on year and up 6.4% from the previous quarter.

Q2 FY26 results (a year earlier): 4 November 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit: ₹79.9 Cr+27.7% vs Q2 FY26+17.0% vs Q1 FY27
Revenue from operations: ₹494 Cr+8.4% vs Q2 FY26+6.4% vs Q1 FY27
Operating margin (EBIT): 18.9%+3.4 pts vs Q2 FY26+2.1 pts vs Q1 FY27EBIT ₹93.4 Cr
EBITDA: ₹107 Cr+25.5% vs Q2 FY26+17.3% vs Q1 FY27margin 21.7%
Earnings per share (basic): ₹18.30+27.7% vs Q2 FY26+17.1% vs Q1 FY27
Net profit margin: 16.2%+2.4 pts vs Q2 FY26+1.5 pts vs Q1 FY27

Questions

What was Kalyani Steels' net profit in Q2 FY27?

Consolidated net profit was ₹79.9 crore, up 27.7% from ₹62.5 crore in Q2 FY26 and up 17.0% from ₹68.2 crore in Q1 FY27.

What is Kalyani Steels' net profit margin?

Kalyani Steels' net profit margin was 16.2% in Q2 FY27 (net profit as a share of revenue from operations), against 13.7% in Q2 FY26 (up 2.4 percentage points). For FY26 as a whole it was 14.0%.

What was Kalyani Steels' net profit in FY26?

Consolidated net profit was ₹258 crore in FY26 (April 2025–March 2026), up 0.6% from ₹256 crore in FY25. It was ₹249 crore in FY24 and ₹244 crore in FY22: up 5.6% over three years, 1.8% a year on average.

What was Kalyani Steels' revenue in Q2 FY27?

Revenue from operations was ₹494 crore, up 8.4% year on year and up 6.4% from the previous quarter.

What was Kalyani Steels' EPS in Q2 FY27?

Basic earnings per share were ₹18.30, against ₹14.33 in Q2 FY26.

What was Kalyani Steels' revenue in FY26?

Revenue from operations was ₹1,846 crore in FY26 (April 2025–March 2026), down 6.9% from ₹1,982 crore in FY25. It was ₹1,959 crore in FY24 and ₹1,706 crore in FY22: up 8.2% over three years, 2.7% a year on average.

How were Kalyani Steels' Q2 FY27 results?

Both grew from a year earlier: net profit was up 27.7% at ₹79.9 crore and revenue was up 8.4% at ₹494 crore. The operating margin was 18.9%, up 3.4 percentage points from 15.5% a year earlier. Against Q1 FY27, net profit was up 17.0% and revenue up 6.4%.

What was Kalyani Steels' operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹93.4 crore, a margin of 18.9%, against 16.8% in Q1 FY27 and 15.5% in Q2 FY26. EBITDA was ₹107 crore, 21.7% of revenue.

What was Kalyani Steels' net profit in the first half of FY27?

Consolidated net profit for the first half of FY27 (April–September 2026) was ₹148 crore, up 19.2% from ₹124 crore in the same months a year earlier. Revenue from operations was ₹959 crore, up 6.7%.

How has Kalyani Steels' profit changed over the last four quarters?

Net profit by quarter: ₹62 crore in Q3 FY26, ₹71.7 crore in Q4 FY26, ₹68.2 crore in Q1 FY27 and ₹79.9 crore in Q2 FY27. That is ₹282 crore over the four quarters, up 8.0% from ₹261 crore in the four quarters before. Revenue from operations: ₹462 crore, ₹484 crore, ₹465 crore and ₹494 crore.

When did Kalyani Steels announce its Q2 FY27 results?

On Wednesday, 28 October 2026 at 2:09 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 4 November 2025.

When will Kalyani Steels announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these Kalyani Steels figures come from?

From Kalyani Steels' own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 28 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.