KUSUMGAR
KUSUMGAR financials
- Market cap
- ₹6.0k Cr
- Sector
- Textiles
- Calls analysed
- 1
KUSUMGAR Q1 FY27
What went well
- Revenue from operations stood at ₹247.2 crores, marking a 102% year-on-year growth, primarily driven by the execution of ready parachute contracts.
- EBITDA for the quarter was ₹75.9 crores at a margin of 31%, representing a 900 basis point expansion from 22% in Q1 FY26.
- Profit after tax was ₹42.6 crores at a 17% margin, significantly higher than ₹6.6 crores and 5% margin in Q1 FY26.
What to watch
- Revenue declined sequentially by approximately 21% from ₹312.8 crores in Q4 FY26 to ₹247.2 crores in Q1 FY27, attributed to a concentrated push of export segments in Q4 FY26.
- Management highlighted structural uncertainties in the business, including the timing of product approvals, unpredictability of government tenders, and volatility from global raw material sourcing and end customers.
Guidance record · Q1 FY27
updates from the last two tracked quarters 4 tracked 0 delivered 0 missed 4 open- EBITDA Margin open said Q1 FY27 Promised: Expect very similar numbers in '27 for EBITDA as a percentage to FY25 and FY26. Q1 FY27: So, if you look at '25 and '26, I think there would be reasonable guides for, I mean, we should expect very similar numbers in '27 for EBITDA as a percentage.
All 4 tracked — see the targets, revisions and supporting evidence.
Open the guidance ledgerQuarterly results
| Line item | Q1 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 125 | 307 | 242 |
| EBITDA | 19 | 109 | 74 |
| Net profit | 4 | 78 | 42 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −8.9% YTD
YTD: ₹602.8 on 15 Jul 2026 → ₹549.2. High ₹650.5 (6 Aug 2026), low ₹549.2 (16 Sept 2026).
How the price took the results
close before → close after
- Q1 FY27
- +0.6%
- 14 Aug
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.
Balance sheet
| Year ending | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹10 Cr | ₹10 Cr |
| Reserves | ₹104 Cr | ₹127 Cr | ₹161 Cr | ₹242 Cr | ₹349 Cr | ₹581 Cr |
| Borrowings | ₹27 Cr | ₹32 Cr | ₹55 Cr | ₹118 Cr | ₹301 Cr | ₹290 Cr |
| Other liabilities | ₹27 Cr | ₹35 Cr | ₹27 Cr | ₹212 Cr | ₹71 Cr | ₹112 Cr |
| Total liabilities | ₹160 Cr | ₹196 Cr | ₹245 Cr | ₹573 Cr | ₹731 Cr | ₹993 Cr |
| Fixed assets | ₹67 Cr | ₹77 Cr | ₹93 Cr | ₹181 Cr | ₹229 Cr | ₹304 Cr |
| Capital work in progress | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹8 Cr | ₹45 Cr | ₹26 Cr |
| Investments | ₹7 Cr | ₹0 Cr | ₹0 Cr | ₹12 Cr | ₹127 Cr | ₹128 Cr |
| Other assets | ₹87 Cr | ₹118 Cr | ₹152 Cr | ₹372 Cr | ₹330 Cr | ₹536 Cr |
| Total assets | ₹160 Cr | ₹196 Cr | ₹245 Cr | ₹573 Cr | ₹731 Cr | ₹993 Cr |
How to read this
As filed on each reporting date, including interim balance sheets. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jul 2026
- Promoters
- 75.0%
- FIIs
- 1.8%
- DIIs
- 10.0%
- Public
- 13.1%
Who is on the register
Named in the Jul 2026 filing
Every holder of KUSUMGAR above SEBI's 1% disclosure line.
| Holder | Stake |
|---|---|
| Siddharth Yogesh Kusumgar | 49.39% |
| Sapna Siddharth Kusumgar | 23.61% |
| Motilal Oswal Finvest Limited NBFC / DFI | 2.61% |
| Edelweiss Discovery Fund- Series I Mutual fund | 1.96% |
| Siddharth Yogesh Kusumgar (Huf) | 1.96% |
| Spark Midas Investment Fund I AIF | 1.57% |
| Yogesh Kantilal Kusumgar | 0.05% |
| Four S Weaving Private Limited | 0.00% |
| V. B. Kusumgar And Company Private Limited | 0.00% |
| Kusumgar Technomic Fabrics Limited | 0.00% |
| Speciality Fabrics Private Limited | 0.00% |
| Kusumgar Holdings Llp | 0.00% |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Mutual funds in KUSUMGAR
Filings to Aug 2026
0 new, 1 added, 0 trimmed, 1 sold out — net +2.17 L shares (+13.0%).
- Held by funds
- ₹109 Cr
- 8 schemes
- Biggest holder
- SBI Consumption Opportunities Fund
- ₹29 Cr · 1.0% of that fund
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| SBI Consumption Opportunities Fund SBI Mutual Fund | ₹29 Cr | +2.25 L | Jul '26 |
| Nippon India Value Fund Nippon India Mutual Fund | ₹17 Cr | held | Jul '26 |
| Nippon India Power & Infra Fund Nippon India Mutual Fund | ₹16 Cr | held | Jul '26 |
| SBI Comma Fund SBI Mutual Fund | ₹16 Cr | held | Jul '26 |
| Nippon India Small Cap Fund Nippon India Mutual Fund | ₹14 Cr | held | Jul '26 |
| SBI Long Term Advantage Fund - Series V SBI Mutual Fund | ₹9 Cr | held | Jul '26 |
| SBI Long Term Advantage Fund - Series IV SBI Mutual Fund | ₹6 Cr | held | Jul '26 |
| SBI Multi Asset Allocation Fund SBI Mutual Fund | ₹2 Cr | held | Jul '26 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Aug 2026
1 added, 0 trimmed — net +2.17 L shares (+13.0%)
- Held by funds
- ₹109 Cr
- 8 schemes
- Biggest holder
- SBI Consumption Opportunities Fund
- ₹29 Cr · 1.0% of that fund
Learn to analyse KUSUMGAR
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