KSH International Achieves Strong Operating Performance in Q4 and FY2026, Boosted by Export and Volume Growth

KSH International Achieves Strong Operating Performance in Q4 and FY2026, Boosted by Export and Volume Growth​

KSH International Limited, a leading manufacturer and exporter of specialized magnet winding wires, announced its financial results for the fourth quarter (Q4) and the full fiscal year (FY) ending March 31, 2026. The company reported a strong operating performance, attributing growth to increased volume and expanding export markets.

Rajesh K. Hegde, Managing Director of KSH International, commented that the company enters FY2027 with good momentum, which was driven by strong execution across strategic and operational areas in Q4 and FY26. He noted that the key strategic pillars supporting this momentum include planned capacity expansion to meet robust demand, strengthening the balance sheet, diversifying the business into new growth markets, expanding sustainability initiatives, and leveraging ultra-precision technology.

Financial Highlights (Q4 FY26 and FY26)​

The company’s financials show significant year-over-year growth across key metrics.

Key Financial Highlights for the Fourth Quarter of FY26:


Key Financial Highlights for FY26:


Note: Figures are in INR Million, except where metric tons (MT) are specified.

Operational and Financial Growth​

The company noted that Revenue from Operations grew 101% in Q4 FY26 and 61% in FY26 over the prior year, supported by volume growth, product mix improvements, and higher copper prices. Profit After Tax (PAT) saw a substantial jump, recording 87% growth in Q4 FY26 and 62% growth in FY26 compared to corresponding prior years.

In terms of operations, volumes increased by 29% in Q4 FY26 and 21% in FY26 compared to corresponding periods. Profitability improved, with the EBITDA/Ton rising to Rs 67,625 in FY26, an improvement of 29% from Rs 52,536 in FY25.

The Specialized Winding Wires segment continued to be a focus, with its revenue growth accelerating to 103% in Q4 FY26 and 62% in FY26 compared to a year ago. Exports also demonstrated strong acceleration, with export growth reaching 92% year-over-year in Q4 FY26.

Capacity and Balance Sheet Strength​

As of March 31, 2026, the company maintained an installed capacity of 43,445 MTs, which includes 14,400 MTs installed at Supa. While company-level utilization was 70% in Q4 FY26, this was reported as a sequential improvement. The company remains on track to exit FY27 with an installed capacity of 59,045 MTs.

On the balance sheet, total debt stood at Rs 316 crore at the end of FY26. The Debt-to-Equity ratio stood at 0.39x. Management noted progress in working capital management, improving payable days by 8 days cumulatively in FY26 compared to FY25.

About KSH International Limited​

KSH International Limited provides ultraprecision special and standard magnet winding wires to OEMs across various sectors, including power, renewables, railways, and motors for EVs and ICE. Established in 1981, the company operates four manufacturing facilities across Maharashtra, including locations in Taloja, Chakan, and its largest facility in Supa. The company was recognized as India's third-largest manufacturer in terms of production capacity in FY2025 and the largest exporter of magnet winding wires in terms of revenues in FY2025.

KSHINTL Stock Price Movement​

KSH International Limited shares slipped by 1.89% today, settling at ₹695 in post-market trading. Despite the dip, the stock traded on a volume of 722,836 shares and continues to mark its 52-week high at ₹748.55.