Kasturi Metal Composite Achieves 20%+ Revenue Growth in Q1 FY27; Boosts International Export Business

Kasturi Metal Composite Achieves 20%+ Revenue Growth in Q1 FY27; Boosts International Export Business​

Kasturi Metal Composite Limited (KMCL) reported significant operational progress during the first quarter of Fiscal Year 2027 (Q1 FY27). The company achieved robust revenue growth and expanded its market presence across industrial and infrastructure sectors. Key developments included substantial momentum in the export business, marked by a more than six-fold increase in international sales.

The operational update for Q1 FY27 highlights KMCL's sustained commitment to growth trajectory, achieving over 20% growth in revenue compared to Q1 FY26. This performance was maintained through disciplined execution and improved product mix. The company is targeting an overall 40% growth for FY27 while aiming for margin improvement.

Operational Highlights and Order Book Strength​

The first quarter saw several operational milestones achieved across manufacturing, market development, and specialized projects. New customers onboarded during the period included four institutional clients. KMCL also progressed its technical approvals with MMRDA and received approval from CIDCO/BMC regarding steel fiber applications. The company continues to maintain a healthy order pipeline, providing good revenue visibility for upcoming quarters.

The current orders in hand across manufacturing and execution businesses are detailed below:

Exponential Growth in Exports and International Execution​

International business witnessed strong momentum during Q1 FY27. Export revenues climbed to ₹153.72 lakh, up from ₹21.73 lakh in the same quarter of Q1 FY26, demonstrating a six-fold increase. The export contribution was split between KMCL (₹73.72 lakh) and Durafloor Concrete Solutions LLP (₹80.00 lakh). Total export revenue during FY26 stood at ₹420 lakh.

The company currently holds the following export orders:

• KMCL: ₹31.85 lakh
• Durafloor Concrete Solutions LLP: ₹115 lakh

In execution capabilities, Durafloor Concrete Solutions LLP successfully completed industrial flooring projects for marquee clients including Motherson Sumi and Kohler Godrej Liebherr. Furthermore, the company executed three industrial flooring projects in the UAE, alongside the supply of steel fibers.

Plant IV Expansion Reaches Major Milestones​

Significant strides were made in the upcoming manufacturing facility, Plant IV. Key achievements during the quarter included the completion of all civil construction activities and the installation and dry run of seven production machines. Trial production is scheduled for completion within the next three weeks, with commercial production targeted to commence in October 2026.

Upon stabilization, Plant IV is projected to enhance KMCL's installed steel fiber manufacturing capacity from the existing 300 MT per month to approximately 800 MT per month.

The planned expansion aims to dramatically improve future production capability for the company.

Product Innovation and Market Penetration​

Innovation remains a strategic focus at KMCL. The patent application pertaining to its new generation Loop-End Steel Fiber has been submitted for expedited examination, and commercialization activities have commenced. This progress led to the successful export of the first commercial consignment of Loop-End Steel Fibers during Q1 FY27, reinforcing the company's portfolio of performance-oriented engineered products.

Through these combined operational successes in growth, international market penetration, manufacturing expansion, and product innovation, KMCL continues to strengthen its market positioning across infrastructure and industrial segments.

Stock Price Movement​

Kasturi Metal Composite Ltd settled at ₹48.02 on Monday, sinking by 5.84% after trading down ₹2.98 from the previous close. The shares navigated through an intraday range bounded between a low of ₹48.01 and a high of ₹48.20.