Kothari Industrial Corp Ltd

Kothari Industrial Corporation Ltd. is currently up 1.59% to Rs 138.64, although the stock has declined 6.95% over the last one week. Kothari Industrial Corporation Limited has received a Letter of Acceptance (LOA) from Puliangudi Municipality, Tamil Nadu, to provide food services under the Perunthalaivar Kamarajar Morning Breakfast Scheme for school children, with a contract value of Rs 4,15,31,817.60 for a period of 3 years. The company was selected as the food service provider and is required to furnish a security deposit and execute an agreement within 2 days to receive the formal work order, with no promoter or related party interests involved in the awarding entity. Trading volume reached 7851 shares today, representing a slight decrease of 8.79% compared to the one-week average volume. Kothari Industrial Corporation Ltd remained flat year-over-year, outperforming the NIFTY50 index's 2.71% loss.

Kothari Industrial Corporation Limited has received two Letters of Acceptance (LOAs) from Municipalities in Tamil Nadu to provide food services under the Perunthalaivar Kamarajar Morning Breakfast Scheme for school children. The Keelakarai Municipality contract is valued at Rs 1,48,43,556, while the Thirupathur Municipality contract, spanning three years, is worth Rs 3,86,23,384.80. The company will now furnish the required security deposit and execute agreements to finalize the work orders, with both contracts awarded by domestic entities and not involving related party transactions.

Kothari Industrial Corporation Limited has received two Letters of Acceptance (LOAs) from the Thirunindravur and Aruppukottai Municipalities in Tamil Nadu to provide food services under the Perunthalaivar Kamarajar Morning Breakfast Scheme for school children. The aggregate value of these contracts is Rs 5,83,79,630, with Thirunindravur Municipality awarding Rs 71,05,316 and Aruppukottai Municipality awarding Rs 5,12,74,314. The contracts are for a period of three years and require the company to furnish a security deposit and execute an agreement before a formal work order is issued; the company confirms that neither the promoters nor any group companies have an interest in the awarding municipalities, and the contracts do not constitute related party transactions.

Kothari Industrial Corporation Ltd. is currently down 2.13% to Rs 152.23, after recently rising and increasing 4.93% over the last week. Kothari Industrial Corporation Limited has received Letters of Acceptance (LOAs) from six municipalities in Tamil Nadu – Thuraiyur, Musiri, Koothanallur, Pattukkottai, Srivilliputhur, and Adirampattinam – to serve as a food service provider for the Perunthalaivar Kamarajar Breakfast Scheme for municipal school children. The aggregate value of these contracts amounts to Rs 12,02,10,199.20, with each contract spanning a period of three years. The company confirmed that the contracts do not involve any related party transactions and were awarded by domestic entities. Trading volume reached 6627 shares today, a decrease of 44.18% from the one-week average volume. Kothari Industrial Corporation Ltd remained flat year-over-year, outperforming the NIFTY50 index's 3.0% loss.

Kothari Industrial Corporation Limited announced it has received a Letter of Acceptance (LOA) dated August 24, 2026, from Integral Coach Factory (ICF), Chennai, for a comprehensive material handling services contract at the Shell Depot, awarded under Tender No. SD-OT-MHE-01-26. The contract, commencing within one day of the LOA’s issuance and lasting for 365 days, involves the deployment of material handling equipment and manpower and is valued at Rs 2,54,21,938.88, inclusive of GST. The company confirmed that neither the promoter group nor any group companies have any interest in ICF.

Kothari Industrial Corporation Ltd share price softened by 2.94% to Rs 143.4 after the company's net profit eased 9.63% to Rs 28.9 crore, while revenue from operations increased 17.79% to Rs 52.44 crore in Q2FY26 over Q1FY26. The market capitalization of Leather And Leather Products industry group stocks on BSE stood at Rs 6653.85 crore, rising by 10.76%. It has eased by 1.87% over last one week and moved up slightly by 6.72% in last one month while the market capitalization of Kothari Industrial Corporation Ltd has softened by 5.84% and 17.44% in the same period respectively. Profit before tax (PBT) of Kothari Industrial Corporation Ltd stood at Rs 28.85 crore in Q2 FY26, surging by 1402.60% year-on-year, and slipping 9.79% quarter-on-quarter. EBITDA came in at Rs 10 crore, jumping 1126.58% YoY and rallying 33.66% sequentially. Total expenses rose by 13.03% to Rs 63.92 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 0.01 crore, remained flat YoY, while employee benefits expense was at Rs 11.31 crore, ticking higher by 5.90% YoY. For the TTM ended FY26, revenue from operations slumped by 100% , while net profit tumbled by 191.30% to Rs 18.05 crore, compared to previous TTM. EBITDA tanked by 834% to Rs 96.71 crore, and PBT plunged by 235% to Rs 26.69 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 35.07 crore in FY26, as against Rs 1.19 crore in FY25. Kothari Industrial Corporation Ltd crashed 70.34% in last one year, underperforming the benchmark BSE Sensex which has softened by 3.05% during the same period.

Kothari Industrial Corporation Limited announced on August 13, 2026, that it and its associate have executed two Memorandums of Understanding (MoUs) with Guidance, Government of Tamil Nadu: one for a Design Education and Upskilling Project involving an investment of approximately Rs 50 crore to establish a University for Design Education and Upskilling of Technical Personnel at Hosur, Tamil Nadu, and another for a Non-Leather Footwear Manufacturing Project by Phoenix Kothari Footwear Limited, with an investment of approximately Rs 1,000 crore in Ramanathapuram District, Tamil Nadu.

Kothari Industrial Corporation Limited will hold a board meeting on Friday, August 14, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, as per Securities and Exchange Board of India regulations.

Kothari Industrial Corporation has received a letter of acceptance from Integrated Coach Factory for a service hiring contract for hiring 3 ton and 5 ton forklift trucks with drivers, fuel and associated staff for movement of coach items in furnishing division shops. The contract is valued at Rs 9.44 crore.

Net Loss of Kothari Industrial Corporation reported to Rs 31.98 crore in the quarter ended March 2026 as against net loss of Rs 16.17 crore during the previous quarter ended March 2025. Sales declined 48.61% to Rs 44.52 crore in the quarter ended March 2026 as against Rs 86.64 crore during the previous quarter ended March 2025. For the full year,net loss reported to Rs 89.89 crore in the year ended March 2026 as against net loss of Rs 16.17 crore during the previous year ended March 2025. Sales rose 105.79% to Rs 178.30 crore in the year ended March 2026 as against Rs 86.64 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales44.5286.64 -49 178.3086.64 106 OPM %-54.16-16.29 --43.82-16.29 - PBDT-26.14-15.04 -74 -78.34-15.04 -421 PBT-31.98-16.17 -98 -89.89-16.17 -456 NP-31.98-16.17 -98 -89.89-16.17 -456 Powered by Capital Market - Live