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Karnika Industri share price & results

Karnika Industri· Textiles· Consumer Discretionary

Results to
Sept 2026
Latest analysed call
Q2 FY27
Ownership as of
Sept 2026

Kolkata-headquartered kidswear manufacturer producing children's apparel via job work at units in Howrah and Manesar, sold under the KARNIKA brand family.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue106 ₹ crore+52.0% YoYQuarterly, as filedQuarter to Sept 2026Revenue from operations as filed.
Operating margin19.0 %−1.7 pts YoYOperating profit / revenueQuarter to Sept 2026For the quarter; a change is in percentage points.
Net profit14.0 ₹ crore+49.1% YoYQuarterly, as filedQuarter to Sept 2026Profit after tax as filed.
Return on equity28.43 %—Trailing twelve monthsTTM to Sept 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin6.30 %—Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)Unavailable—Trailing twelve monthsTTM to Sept 2026Not in the analysed materials. No older figure is substituted.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Sept 2026

Guidance

What management said, and what became of it

3 of 5 judged targets kept · 17 open · verdicts reflect calls analysed to Q2 FY27.

Karnika Industri management guidance track record on Inve: 22 targets tracked across analysed earnings calls (3 achieved, 2 missed, 17 open).

TargetOriginal wordingSaidLatest callVerdict
Combined Revenue (Karnika + Kidcity)Rs. 24,500 lakhs
Call transcript, Q2 FY26 · 17 Nov 2025
Q2 FY26Q2 FY27:This promise has been achieved and is now historical.
Call transcript, Q2 FY27 · 13 Oct 2026
Achieved
Kidcity Standalone RevenueRs. 3,000 lakhs
Call transcript, Q2 FY26 · 17 Nov 2025
Q2 FY26Q2 FY27:This promise was missed and is now historical.
Call transcript, Q2 FY27 · 13 Oct 2026
Missed
EBITDA Margin20%-25%
Call transcript, Q2 FY26 · 17 Nov 2025
Q2 FY26Q2 FY27:Revised Down. Management issued new guidance of 17-20% through FY28. This new range is lower than the original target. H1 FY27 margin of 18.2% is on track for the new, lower guidance.
Call transcript, Q2 FY27 · 13 Oct 2026
Revised Down

Source: Inve Guidance Tracker for Karnika Industri · to Q2 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

2 of Karnika Industri's 22 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 19 more targets are in the full ledger.

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Price

₹124.95 −4.69% · −₹6.15

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance −30.2% 1Y

₹100₹120₹140₹160₹180Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 17 Nov 2025Q4 FY26 — 18 May 2026Q2 FY27 — 13 Oct 2026

1Y: ₹178.95 on 24 Oct 2025 → ₹124.95. High ₹178.95 (24 Oct 2025), low ₹96.9 (6 Jul 2026).

Previous close
₹131.1
Market cap
₹830 Cr
52-week range
₹96.9 – ₹176
One year
−27.42%
Price to earnings (TTM to Sept 2026)
22.29×
Return on equity (TTM to Sept 2026)
28.43%

Overview

Symbol
NSE:KARNIKA
Sector
Textiles
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What Karnika Industri does

Based on the company's own presentations, annual report and earnings calls.

Karnika Industries manufactures kidswear -- shorts, joggers, capris, tees, rompers, sleep suits, pyjamas, winter wear and infant clothing -- under the KARNIKA brand and its sub-brands (KARNIKA Care, Cool, Cube, Life, Key, Club), and has also started a unit making jeans for adults. Production is order-driven job work carried out at facilities in Howrah (West Bengal) and Manesar (Haryana), which handle design, sampling, quality inspection, ironing and packing under ISO 14001:2015 certification. Finished goods are sold through commission agents, retailers and distributors across 28 Indian states, with the company also supplying fabric as an alternative option to customers and beginning exports to the Middle East and Southeast Asia.

Segments

  • Kidswear manufacturing
  • Adult jeans
  • Fabric trading
Manufacturing units
2 (Howrah, West Bengal & Manesar, Haryana)
Manufacturing facility area
200,000+ sq. ft.
Monthly production capacity
850,000+ units
Annual production volume
45+ lakh pieces manufactured (FY25)
Product designs
500+
Distribution footprint
28 Indian states
Founded 2017Headquarters Kolkata, West Bengal, IndiaEmployees 134 (FY25) Company website

How the price took the results

close before → close after

Q2 FY27
−2.3%
13 Oct
Q4 FY26
+3.4%
18 May
Q2 FY26
−2.4%
17 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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