Kalyani Steels Limited reported robust financial results for the quarter and year ended March 31, 2026. The company has recommended a dividend of Rs. 10 per share (200%). In a strategic move, the Board has appointed Mr. Shishir Joshipura as an Additional Independent Director and Mr. Bantu Upendra Kumar Patro as the new Chief Financial Officer, effective May 9, 2026, to drive the company’s future growth and operational excellence.
Financial Highlights for FY 2025-26
For the financial year ended March 31, 2026, Kalyani Steels recorded a total income of Rs. 19,020.47 million. The company achieved a profit after tax of Rs. 2,551.37 million, reflecting a steady performance. Earnings per share (EPS) stood at Rs. 58.45 for the year. The Board of Directors has recommended a generous dividend of Rs. 10 per equity share (200% on a face value of Rs. 5), subject to approval at the upcoming Annual General Meeting.
Strategic Leadership Changes
The company has strengthened its leadership team with two key appointments:
- Independent Director: Mr. Shishir Joshipura has been appointed as an Additional Independent Director for a four-year term, effective from May 8, 2026, to May 7, 2030. Mr. Joshipura brings over 42 years of extensive experience in industrial and automotive sectors.
- Chief Financial Officer: Mr. Bantu Upendra Kumar Patro has been appointed as the new Chief Financial Officer, effective May 9, 2026. A seasoned finance professional with three decades of experience, he will oversee the company’s financial strategy and governance.
Operational Insights
The company continues to maintain a strong focus on its core business, manufacturing forging and engineering quality carbon and alloy steels as a single reporting segment. During the year, the company accounted for Rs. 79.26 million as an exceptional item related to changes in labour wage definitions, demonstrating its proactive approach to regulatory compliance and financial transparency.
Source: BSE
