Quarter Ended: March 2026
Krishana Phoschem Q4 FY26 – Results Analysis
NSE
krishana
BSE
NOT LISTED
Krishana Phoschem reported a strong Q4 FY26 performance, supported by sharp revenue growth, strong profit expansion, higher inventory-led operating scale, and significant balance sheet growth.
Both quarterly and full-year numbers showed strong improvement, with profit growth materially outpacing the prior year, though operating cash flow deterioration due to working capital pressure is an important watchpoint.
key financial highlights
- Revenue from Operations:
- Total Income (Q4 FY26): ₹75,549.26 lakh
- QoQ Change: +14.62%
- YoY Change: +59.76%
- Previous Quarter (Q3 FY26): ₹65,910.85 lakh
- Previous Year (Q4 FY25): ₹47,288.25 lakh
- Total Income (Q4 FY26): ₹75,549.26 lakh
- Profit After Tax (PAT):
- PAT (Q4 FY26): ₹8,307.66 lakh
- QoQ Growth: +149.29%
- YoY Growth: +152.78%
- Previous Quarter: ₹3,332.41 lakh
- Previous Year: ₹3,285.62 lakh
- PAT (Q4 FY26): ₹8,307.66 lakh

Margin Analysis
Positives
- Strong revenue scale-up
- Operating leverage
- Improved profit spread over expenses
- Inventory-led business expansion
Key Signal: Healthy improvement
Earning quality check
High Earnings Quality:
- Profit growth appears operationally supported
Supported By:
- Revenue expansion
- Scale leverage
- Higher throughput
Interpretation:
- Accounting earnings strong
- Cash earnings weaker
- Overall: Moderate-to-good earnings quality
balance sheet Analysis
Total Assets:
- FY26: ₹1,64,070 lakh
- FY25: ₹1,03,606 lakh
- Growth: +58.36%
Inventory:
- FY26: ₹31,053 lakh
- FY25: ₹14,890 lakh
- Growth: +108.55%
Trade Receivables:
- FY26: ₹71,521 lakh
- FY25: ₹37,844 lakh
- Growth: +89.00%
Borrowings:
- FY26: ₹57,817 lakh
- FY25: ₹24,184 lakh
- Growth: +139.07%
Balance Sheet Insight:
- Growth is strong
- But significantly working-capital funded
- Mixed-positive signal
Cash flow analysis
Operating Cash Flow
- FY26: Negative ₹19,140 lakh
- FY25: Positive ₹15,430 lakh
- Major deterioration
- Interpretation:
- Inventory build-up
- Receivables growth
- Working capital absorption
Investing Cash Flow
- Negative ₹11,560 lakh
- Reflects:
- Reflects capex and investments
Financing Cash Flow
- Positive ₹31,627 lakh
- Reflects:
- Growth funded externally
Cash Position
- Cash increased:
- FY26: ₹2,130 lakh
- FY25: ₹1,203 lakh
Indicates: Positive liquidity improvement
key risks
- Largest concern
- Leverage rose materially
- Strong profits not translating into operating cash
- Large inventory build carries pricing and execution risks
management strategy signals
- Aggressive growth expansion
- Inventory-led scaling
- Capacity / distribution expansion
- External funding support
Financial Metrics
| Particular | Q4 FY26 | Q.O.Q | Y.O.Y |
|---|---|---|---|
| Total Income | ₹76,067.71 Lakh | +14.64% | +58.72% |
| PBT | ₹7,246.98 Lakh | +27.83% | +54.27% |
| PAT | ₹8,307.66 Lakh | +149.29% | +152.78% |
| EPS | ₹13.44 | +149.35% | +153.11% |
Krishana Phoschem delivered:
- Strong revenue growth
- Exceptional profit growth
- Strong annual growth
- Strong balance sheet expansion
- Equity growth
Official Exchange Filing: Krishana Phoschem Limited
Quarterly Performance Context
FISCAL YEAR
2025-2026
AUDIT STATUS
REVIEWED