KDDL's Q1 FY 2025-26 Quarterly Results

Result Summary

• KDDL Ltd reported a 33.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 28.8%.
• Its expenses for the quarter were up by 39.6% QoQ and 30.8% YoY.
• The net profit decreased 14.7% QoQ and increased 6.2% YoY.
• The earnings per share (EPS) of KDDL Ltd stood at 16.61 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

KDDL Ltd is a well-established player in the watch components and precision engineering industry, primarily engaged in the manufacturing of watch components such as watch dials and hands. The company operates in a niche segment, supplying critical parts to both domestic and international watch manufacturers. With a focus on precision engineering, KDDL Ltd has diversified its offerings into other high-precision industries, such as automotive and aerospace, though its core business remains deeply rooted in the horological sector. Recent developments within the company or the industry are not available in the provided data.

Revenue

During Q1FY26, KDDL Ltd reported a total income of ₹476.88 crores, marking a substantial increase from ₹356.93 crores in Q4FY25. This represents a quarter-over-quarter (QoQ) growth of 33.6%. Compared to Q1FY25, where the total income was ₹370.17 crores, the year-over-year (YoY) growth stands at 28.8%. This growth trajectory highlights a significant uptick in revenue generation over both the previous quarter and the same quarter in the previous year, indicating a robust performance in the latest quarter.

Profitability

In Q1FY26, KDDL Ltd's profit before tax (PBT) amounted to ₹44.00 crores, which is a slight decrease from ₹46.80 crores in Q4FY25, reflecting a QoQ decline of 6.0%. However, when compared to Q1FY25's PBT of ₹39.26 crores, there is a YoY increase of 12.1%. The profit after tax (PAT) for Q1FY26 was ₹29.70 crores, down from ₹34.81 crores in the previous quarter, resulting in a QoQ contraction of 14.7%. Nonetheless, the PAT shows a YoY growth of 6.2% when compared to the ₹27.96 crores reported in Q1FY25. The company's earnings per share (EPS) for Q1FY26 is ₹16.61, which decreased from ₹20.40 in Q4FY25, a QoQ decline of 18.6%, but represents a 20.5% YoY increase from Q1FY25’s EPS of ₹13.78.

Operating Metrics

The total expenses for KDDL Ltd in Q1FY26 were reported at ₹432.88 crores, up from ₹310.13 crores in Q4FY25, showing a QoQ increase of 39.6%. This is also higher than the total expenses of ₹330.91 crores in Q1FY25, reflecting a YoY increase of 30.8%. The tax expense for the quarter was ₹14.22 crores, which increased by 16.9% QoQ from ₹12.16 crores in Q4FY25 and by 24.8% YoY from ₹11.39 crores in Q1FY25. These figures indicate a significant rise in operational costs and tax liabilities over both the prior quarter and the same quarter in the previous year.