Krishana Phoschem Q4 FY26 – Results Analysis

NSE

krishana

BSE

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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
  • 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
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
ParticularQ4 FY26Q.O.QY.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
COST OF OPERATIONS AS % OF REVENUE
91%
NET PROFIT AS % OF REVENUE
10.99%
FISCAL YEAR

2025-2026

AUDIT STATUS

REVIEWED

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