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Kilburn Engineering Ltd — Earnings Release 2026
May 26, 2026
61063_rns_2026-05-26_ce592376-c2af-4801-8e65-96f2fb6a2fd4.pdf
Earnings Release
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KILBURN ENGINEERING LTD.
Corporate office : 501, 5th floor, I-Think Techno Campus, Jolly Board Tower No.1, Kanjurmarg (East), Mumbai 400 042, Maharashtra, INDIA.
Tel No. : +91 22 6551 0300 Website : www.kilburnengg.com Email : [email protected]
Date: 26th May, 2026
To
The Corporate Relationship Department
BSE Limited
P.J. Tower
Dalal Street, Fort
Mumbai - 400 001
Scrip Code: BSE 522101
Sub: Outcome of the Board Meeting held on 26th May, 2026
Dear Sir/Madam,
This is to inform that pursuant to Regulation 30, 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), the Board of Directors of the Company have at their meeting held today i.e. May 26, 2026, inter-alia, discussed and decided on the following:
- Approved and taken on record the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026.
- Recommended final dividend of 30% i.e. Rs. 3/- per equity share for the financial year 2025-26, subject to approval of the shareholders at the ensuing Annual General Meeting of the Company.
- Take on record the declaration pursuant to Regulation 33(3)(d) of SEBI Listing Regulations, wherein the Company hereby declares and confirms that the Statutory Auditors – M/s. V. Singhi & Associates, Chartered Accountants have issued an audit report with an unmodified opinion on the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026.
- Approved the amended "Code of Conduct for Prevention of Insider Trading" and "Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information" under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The said Code of Conduct is made available on the Company's website at www.kilburnengg.com.
AN ISO - 9001 : 2015 CERTIFIED COMPANY
CIN : L24232WB1987PLC042956
Registered office : 1901, 19th Floor, Biowonder - Block A, 789, Anandapur, Eastern Metropolitan Bypass, Kolkata - 700 107, INDIA. Tel no.: +91 33 6904 5700
Saravali Works : Plot No. 6, MDC - Saravali, Kalyan Bhiwandi Road, Taluka Bhiwandi, Dist. Thane - 421 311, Maharashtra, INDIA. Tel No. : +91 2522 663800 / 283000.
Ambarnath Works : Plot No. B-78/1, Anand Nagar, Additional MDC, Ambernath (East), Dist. Thane - 421 506, Maharashtra, INDIA.
KILBURN ENGINEERING LTD.
Corporate office: 501, 5th floor, I-Think Techno Campus, Jolly Board Tower No.1, Kanjurmarg (East), Mumbai 400 042, Maharashtra, INDIA.
Tel No.: +91 22 6551 0300
Website: www.kilburnengg.com
Email: [email protected]
The results of (Standalone & Consolidated) for the Fourth Quarter and Year ended 31st March 2026 are enclosed herewith along with Audit reports issued by Statutory Auditor. An Extract of the same will be published in Newspapers. You are requested to take above on record.
The above financial Statements and results have been reviewed by Audit Committee and subsequently approved by the Board of Directors of Company.
The aforesaid Audited Financial results are also being uploaded on the Company's website at www.kilburnengg.com
The meeting of the Board of Directors commenced at 2:00 P.M and concluded at 3:40 P.M.
Thanking You
For Kilburn Engineering Limited
Abhijit
Shevanti
al Mehta
Abhijit Mehta
Company Secretary & Compliance Officer
Encl: a/a
AN ISO - 9001:2015 CERTIFIED COMPANY
CIN: L24232WB1987PLC042956
Registered office: 1901, 19th Floor, Biowonder - Block A, 789, Anandapur, Eastern Metropolitan Bypass, Kolkata - 700 107, INDIA. Tel no.: +91 33 6904 5700
Saravali Works: Plot No. 6, MDC - Saravali, Kalyan Bhiwandi Road, Taluka Bhiwandi, Dist. Thane - 421 311, Maharashtra, INDIA. Tel No.: +91 2522 663800 / 283000.
Ambarnath Works: Plot No. B-78/1, Anand Nagar, Additional MDC, Ambernath (East), Dist. Thane - 421 506, Maharashtra, INDIA.
KILBURN ENGINEERING LIMITED
Registered Office : Unit No.1901, 19th Floor, Biowonder - Block 'A', 789 Anandapur E.K.T, Kolkata -700 107
CIN: L24232WB1987PLC042956, Tel No: +91 33 69045700, Website: www.kilburnengg.com
STATEMENT OF AUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31 MARCH, 2026
₹ in Lakhs
| Sr. no. | PARTICULARS | QUARTER ENDED (AUDITED)
31st March, 2026 | QUARTER ENDED (UNAUDITED)
31st December, 2025 | QUARTER ENDED (AUDITED)
31st March, 2026 | YEAR ENDED (AUDITED)
31st March, 2026 | YEAR ENDED (AUDITED)
31st March, 2025 |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Income | | | | | |
| | a. Revenue from Operations | 13,356.85 | 10,522.21 | 10,234.40 | 44,825.80 | 33,550.10 |
| | b. Other Income | 656.63 | 194.88 | 81.92 | 1,269.13 | 249.92 |
| | Total Income | 14,013.48 | 10,717.09 | 10,316.32 | 46,094.93 | 33,800.02 |
| 2 | Expenses | | | | | |
| | a. Cost of Materials Consumed | 5,518.40 | 4,053.03 | 5,269.35 | 18,732.24 | 15,899.66 |
| | b. Subcontracting Charges | 1,306.17 | 931.95 | 625.09 | 4,165.67 | 2,044.80 |
| | c. Changes in Inventories of Finished Goods and Work in Progress | 483.78 | 97.35 | (566.30) | 339.67 | (463.73) |
| | d. Employee Benefits Expense | 1,051.60 | 1,055.98 | 835.74 | 4,181.59 | 3,244.19 |
| | e. Finance Costs | 461.01 | 338.91 | 332.96 | 1,423.38 | 1,218.48 |
| | f. Depreciation and Amortisation Expenses | 206.23 | 209.18 | 184.09 | 814.43 | 558.55 |
| | g. Other Expenses | 2,131.24 | 1,892.38 | 1,155.79 | 6,736.04 | 3,947.17 |
| | Total Expenses | 11,158.43 | 8,578.78 | 7,836.72 | 36,393.22 | 26,449.12 |
| 3 | Profit before Tax (1-2) | 2,855.05 | 2,138.31 | 2,479.60 | 9,701.71 | 7,350.90 |
| 4 | Tax Expense | | | | | |
| | i) Current Tax | 659.70 | 726.41 | 651.00 | 2,946.33 | 916.46 |
| | ii) Deferred Tax Expense/(Income) | 50.59 | (77.95) | 203.32 | (151.63) | 952.80 |
| | Total Tax Expenses | 710.29 | 648.46 | 854.32 | 2,794.70 | 1,869.26 |
| 5 | Net Profit for the Period/Year (3-4) | 2,144.76 | 1,489.85 | 1,625.28 | 6,907.01 | 5,481.64 |
| 6 | Other Comprehensive Income | | | | | |
| a | Items that will not be reclassified to Profit or Loss | (238.25) | (161.34) | (278.56) | (204.61) | (120.97) |
| b | Items that will be reclassified to Profit or Loss | | | | | |
| | Other Comprehensive Income, net of tax | (238.25) | (161.34) | (278.56) | (204.61) | (120.97) |
| 7 | Total Comprehensive Income for the Period/Year (5+6) | 1,906.51 | 1,328.51 | 1,346.72 | 6,702.40 | 5,360.67 |
| 8 | Paid-up Equity Share Capital (Face Value ₹ 10 each) | 5,296.29 | 5,188.79 | 4,748.79 | 5,296.29 | 4,748.79 |
| 9 | Reserves* | | | | 55,555.51 | 40,650.67 |
| 10 | Earnings Per Share (EPS) (in ₹) (not annualised for the quarters) | | | | | |
| | Basic and Diluted EPS (in ₹) | 4.24 | 2.98 | 3.63 | 13.66 | 12.24 |
*Including Money received against Share Warrants
Also refer accompanying notes to the Standalone Financial Results.
NOTES:
-
The above annual standalone financial results of Kilburn Engineering Limited ("the Company") have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standards ("Ind AS") notified under the Companies (Indian Accounting Standards) Rules, 2015 (as amended), as prescribed under section 133 of the Companies Act, 2013 and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) 2015, as amended.
-
The above annual standalone financial results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at their respective meetings held on 26th May, 2026.
-
During the Financial Year 2023-24, the Company had issued 39,50,000 Convertible Warrants of face value of Rs. 10 each at a premium of Rs. 156 on receipt of 25% application money. During the year ended 31st March, 2026, upon receipt of balance 75% thereof aggregating to Rs. 4,917.75 Lakhs, the warrants were converted by issue of equivalent number of fully paid-up Equity Shares.
-
During the Financial Year 2024-25, the Company had issued 47,97,500 Convertible Warrants of face value of Rs. 10 each at a premium of Rs. 415 on receipt of 25% application money. During the year ended 31st March, 2026, upon receipt of balance 75% thereof aggregating to Rs. 4,860.94 Lakhs for 15,25,000 warrants, the warrants were converted by issue of equivalent number of fully paid-up Equity Shares.
Subsequent to the quarter and year ended 31st March, 2026, upon receipt of balance 75% thereof aggregating to Rs. 9,682.03 Lakhs for 30,37,500 warrants, the warrants have been converted by issue of equivalent number of fully paid-up Equity Shares. The balance 2,35,000 Convertible Warrants due for conversion on 15th May, 2026 have lapsed due to non-receipt of 75% subscription money. Accordingly, the said warrants stand cancelled and extinguished with effect from 16th May, 2026 and the 25% application money amounting to Rs. 249.69 Lakhs, has been forfeited and retained by the Company.
-
The Government of India has consolidated 29 existing labour legislations into a unified framework comprising four labour codes (the new labour codes) on 21st November, 2025. Accordingly, the Company has assessed the impact of these changes and based on certain estimates and an actuarial valuation, has made an incremental provision of Rs. 88.67 lakhs recognised in the annual standalone financial results for the year ended on 31st March, 2026, considering information available. The Company continues to monitor the finalisation of the Central and State rules and clarifications issued by the Government on the new labour codes and will recognise the impact of changes in the estimates, as needed.
-
The Board of Directors has recommended dividend of Rs. 3 per fully paid up equity share for the Financial Year 2025-26, subject to the approval by the members in the ensuing Annual General Meeting of the Company.
-
Disclosure of segment wise information is not applicable, as manufacturing of engineering products is the Company's only business segment.
-
The Company's operations and its results vary from period to period, depending on the delivery schedule of the customers.
-
Figures for the quarter ended 31st March, 2026 are the balancing figures between the audited figures in respect of the full financial year 2025-26 and the published unaudited figures for the nine months ended 31st December, 2025.
-
Previous period figures have been regrouped / rearranged wherever necessary, to correspond with those of the current period classification.
By Order of the Board
Ranjit
Parrio Lata
Ranjit Lata)
Managing Director
DIN 07266678
Sampat Lal
Singhvi
Date : 26th May 2026
Place : Kolkata
| KILBURN ENGINEERING LIMITED Registered Office : Unit No.1901, 19th Floor, Biowonder - Block 'A', 789 Anandapur E.K.T, Kolkata -700 107 CIN: L24232WB1987PLC042956, Tel No: +91 33 69045700, Website: www.kilburnengg.com | |||
|---|---|---|---|
| STANDALONE STATEMENT OF ASSETS AND LIABILITIES AS ON 31 MARCH 2026 ₹ in Lakhs | |||
| Sr. No. | PARTICULARS | AS AT 31st March 2026 | AS AT 31st March, 2025 |
| (AUDITED) | (AUDITED) | ||
| A | ASSETS | ||
| 1. Non-Current Assets | |||
| (a) Property, Plant and Equipment | 5,152.98 | 5,307.22 | |
| (b) Right-of-use Assets | 3,815.88 | 3,395.10 | |
| (c) Capital Work in Progress | 289.56 | - | |
| (d) Intangible Assets | 45.44 | 56.65 | |
| (e) Financial Assets | |||
| - Investments | 22,912.06 | 23,014.20 | |
| - Loans | 600.00 | - | |
| - Other Financial Assets | 187.05 | 517.64 | |
| (f) Income Tax Assets (Net) | 257.47 | 494.44 | |
| (g) Deferred Tax Assets | 19.52 | - | |
| (h) Other Non-Current Assets | 138.48 | 64.53 | |
| Total Non-Current Assets | 33,418.44 | 32,849.78 | |
| 2. Current Assets | |||
| (a) Inventories | 3,116.54 | 3,120.87 | |
| (b) Financial Assets | |||
| - Trade Receivables | 17,350.92 | 7,386.71 | |
| - Cash and Cash Equivalents | 2,685.38 | 61.74 | |
| - Bank Balance other than included in Cash and Cash Equivalents above | 2,787.11 | 1,455.33 | |
| - Other Financial Assets | 172.26 | 86.93 | |
| (c) Contract Assets | 16,333.14 | 18,507.43 | |
| (d) Other Current Assets | 5,549.18 | 3,667.83 | |
| Total Current Assets | 47,994.53 | 34,286.84 | |
| TOTAL ASSETS | 81,412.97 | 67,136.62 | |
| B | EQUITY AND LIABILITIES | ||
| 1. Equity | |||
| (a) Equity Share Capital | 5,296.29 | 4,748.79 | |
| (b) Other Equity | 55,555.51 | 40,650.67 | |
| Total Equity | 60,851.80 | 45,399.46 | |
| 2. Non-Current Liabilities | |||
| (a) Financial Liabilities | |||
| - Borrowings | 6,327.83 | 6,712.27 | |
| - Lease Liabilities | 1,094.83 | 614.78 | |
| - Deferred Tax Liabilities | - | 132.11 | |
| Total Non-Current Liabilities | 7,422.66 | 7,459.16 | |
| 3. Current Liabilities | |||
| (a) Financial Liabilities | |||
| - Borrowings | 3,540.41 | 2,144.14 | |
| - Lease Liabilities | 154.47 | 124.01 | |
| - Trade Payables | |||
| a) total outstanding dues of micro enterprises and small enterprises | 1,069.90 | 109.87 | |
| b) total outstanding dues of creditors other than micro enterprises and small enterprises | 2,316.75 | 4,533.00 | |
| - Other Financial Liabilities | 14.78 | 25.90 | |
| (b) Provisions | 215.45 | 146.14 | |
| (c) Contract Liabilities | 4,287.79 | 6,117.34 | |
| (d) Current Tax Liabilities (Net) | 1,209.81 | 791.14 | |
| (e) Other Current Liabilities | 329.15 | 286.46 | |
| Total Current Liabilities | 13,138.51 | 14,278.00 | |
| TOTAL - EQUITY AND LIABILITIES | 81,412.97 | 67,136.62 | |
| Sampat Lal Singhvi Digitally signed by Sampat Lal Date : 26th May, 2026 Place : Kolkata | Ranjit Parno Lala Ranjit Lala Managing Director DIN 07266678 |
Kilburn Engineering Limited
Registered Office : Unit No.1901, 19th Floor, Biowonder - Block 'A', 789 Anandapur E.K.T, Kolkata -700 107
CIN: L24232WB1987PLC042956, Tel No: +91 33 69045700, Website: www.kilburnengg.com
STANDALONE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2026
| ₹ in Lakhs | ||
|---|---|---|
| For the Year ended 31st March, 2026 (AUDITED) | For the Year ended 31st March, 2025 (AUDITED) | |
| Cash Flows from Operating Activities : | ||
| Profit/(loss) before Tax | 9,701.72 | 7,350.90 |
| Adjustments to reconcile profit/(loss) before tax to net cash flows: | ||
| Depreciation and Amortisation Expense | 814.43 | 558.55 |
| Foreign Exchange (Gain)/Loss | (502.64) | (26.44) |
| Loss /(Profit) on disposal of Property, Plant and Equipment | (0.35) | - |
| Finance Costs | 1,423.38 | 1,218.48 |
| Balances written off | 147.66 | 4.97 |
| Property, Plant & Equipment written off | 192.71 | - |
| Provision for loss allowance | 239.28 | 530.80 |
| Liabilities / Provisions no longer required written back | (23.73) | (41.70) |
| Dividend Income | (4.07) | (2.44) |
| Gain on Cancellation of Lease | - | (18.96) |
| Unwinding of Discount on Security Deposit | (9.67) | (5.17) |
| Interest on Income Tax Refund | (330.74) | - |
| Interest Income | (171.24) | (137.97) |
| Operating Profit/(Loss) before Working Capital changes | 11,476.74 | 9,431.02 |
| Working capital adjustments: | ||
| (Increase)/decrease in Contract Assets and Other Financial Assets | 2,071.99 | (6,932.94) |
| (Increase)/decrease in Trade Receivables | (9,876.81) | (1,769.30) |
| (Increase)/decrease in Inventories | 4.33 | (1,101.16) |
| (Increase)/decrease in Other Current Assets | (1,955.31) | (1,307.65) |
| Increase /(decrease) in Trade Payables | (1,232.48) | 2,079.09 |
| Increase /(decrease) in Provisions | (54.26) | 24.93 |
| Increase /(decrease) in Other Financial Liabilities | (11.59) | 11.86 |
| Increase /(decrease) in Contract Liabilities and Other Liabilities | (1,786.87) | (2,134.73) |
| Cash Generated from / (used in) Operations | (1,364.26) | (1,698.88) |
| Income Tax Paid (net of refunds) | (1,928.86) | 91.23 |
| Net Cash Flows from / (used in) Operating Activities (A) | (3,293.12) | (1,607.65) |
| Cash Flows from Investing Activities : | ||
| Investment in Subsidiary | (10.00) | (10,302.50) |
| Payments for Property, Plant and Equipment including Capital | (849.55) | (2,865.97) |
| Work in Progress and Right of Use Assets | ||
| Proceeds from sale of Property, Plant and Equipment | 0.60 | - |
| Security Deposits Paid (Net) | (80.01) | (57.59) |
| Net Bank Balances not considered as Cash and Cash equivalents | (912.50) | 658.98 |
| Loans given | (600.00) | - |
| Dividend received | 4.07 | 2.44 |
| Interest Income Received | 164.61 | 137.97 |
| Net Cash Flows from / (used in) Investing Activities (B) | (2,282.78) | (12,426.67) |
| Cash Flows from Financing Activities : | ||
| Proceeds from Issue of Equity Shares including share warrants | 9,778.69 | 14,594.22 |
| Finance Costs Paid on other than lease liabilities | (1,267.32) | (1,142.45) |
| Finance Costs Paid on lease liabilities | (133.92) | (68.25) |
| Principal payment of Lease Liabilities | (139.31) | (69.73) |
| Proceeds from Borrowings | 2,844.35 | 1,600.00 |
| Repayment of Borrowings | (1,177.14) | - |
| Increase / (decrease) in Working Capital Borrowings (net) | (677.52) | (40.42) |
| Dividend Payment | (1,028.29) | (906.84) |
| Net cash flows from / (used in) Financing Activities (C) | 8,199.54 | 13,966.53 |
| Net increase / (decrease) in Cash and Cash Equivalents (A+B+C) | 2,623.64 | (67.79) |
| Cash and Cash Equivalents at the beginning of the year | 61.74 | 129.53 |
| Cash and Cash Equivalents at the end of the year | 2,685.38 | 61.74 |
| Components of Cash and Cash Equivalents : | ||
| Balances with banks | ||
| - On Current Accounts | 2,184.02 | 59.43 |
| - Cash on hand | 1.35 | 2.31 |
| - In Fixed Deposits with maturity less than three months | 500.00 | - |
| Total Cash and Cash Equivalents at the end of the year | 2,685.38 | 61.74 |
Sampat
Lal Singhvi
Digitally signed
by Sampat Lal
Singhvi
Date: 2026.03.26
16:29:38 +05'30'
By Order of the Board
Ranjit Paine
( Ranjit Lala )
Managing Director
Date : 26th May, 2026
Place : Kolkata
DIN 07266678
V. SINGHI & ASSOCIATES
Chartered Accountants
61, 6th Floor, Sakhar Bhavan
230, Nariman Point,
Mumbai 400 021
Phone: +91 22 6250 1800
E-Mail: [email protected]
Independent Auditor's Report on Standalone Annual Financial Results of Kilburn Engineering Limited pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, for the quarter and year ended 31st March, 2026
The Board of Directors
Kilburn Engineering Limited
Unit No 1901, 19th Floor,
Biowonder- Block A, 789,
Anandapur, E.K.T
Kolkata-700107
Report on the Audit of the Standalone Annual Financial Results
Opinion
We have audited the accompanying Standalone Annual Financial Results of Kilburn Engineering Limited ("the Company"), for the quarter and year ended on 31st March, 2026, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the Listing Regulations").
In our opinion and to the best of our information and according to the explanations given to us, the standalone annual financial results:
a. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations; and
b. give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards ("Ind AS"), and other accounting principles generally accepted in India, of the net profit, total comprehensive income and other financial information of the Company for the quarter and year ended on 31st March, 2026.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing ("SAs") specified under section 143(10) of the Companies Act, 2013 ("the Act"). Our responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the Standalone Annual Financial Results section of our report. We are independent of the Company, in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India ("ICAI") together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI's Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our opinion.
Bengaluru | Delhi | Guwahati | Hyderabad | Kolkata | Mumbai | Ranchi
V. SINGHI & ASSOCIATES
Chartered Accountants
Management's and Board of Directors' Responsibilities for the Standalone Annual Financial Results
These standalone annual financial results have been prepared on the basis of the standalone annual financial statements.
The Company's Management and Board of Directors are responsible for the preparation and presentation of these Standalone Annual Financial Results that give a true and fair view of the net profit/loss and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in Indian Accounting Standards prescribed under section 133 of the Act and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Standalone Annual Financial Results that give a true and fair view and are free from material misstatement, whether due to fraud or error.
In preparing the Standalone Annual Financial Results, the Board of Directors of Company is responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors of Company either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.
The Board of Directors are also responsible for overseeing the Company's financial reporting process.
Auditor's Responsibilities for the Audit of the Standalone Annual Financial Results
Our objectives are to obtain reasonable assurance about whether the Standalone Annual Financial Results as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Standalone Annual Financial Results.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
- Identify and assess the risks of material misstatement of the Standalone Annual Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain auditevidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or theoverride of internal controls.
V. SINGHI & ASSOCIATES
Chartered Accountants
-
Obtain an understanding of internal controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3) (i) of the Act, we are also responsible for expressing our opinion through a separate report on the complete set of financial statements on whether the Company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls
-
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures in the Annual Standalone Annual Financial Results made by the Management and Board of Directors in terms of the requirements specified under Regulation 33 of the Listing Regulations.
-
Conclude on the appropriateness of the Board of Director's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Company to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our Auditor's Report to the related disclosures in the Standalone Annual Financial Results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our Auditor's Report. However, future events or conditions may cause the Company to cease to continue as a going concern.
-
Evaluate the overall presentation, structure, and content of the Standalone Annual Financial Results, including the disclosures, and whether the Standalone Annual Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal controls that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
Other Matter
The standalone annual financial results include the results for the quarter ended 31st March, 2026 being the balancing figure between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of the current financial year which were subject to limited review by us.
Our opinion is not modified in respect of the above matter.
For V. Singhi & Associates
Chartered Accountants
Firm Registration No.: 311017E
Sampat Lal
Singhvi
Digitally signed by Sampat Lal Singhvi
Date: 2026.05.26
16:32:00 +05'30'
(Sampat Lal Singhvi)
Partner
Membership No.: 083300
UDIN: 26083300GPHDVD7669
Place: Mumbai
Date: 26th May, 2026
KILBURN ENGINEERING LIMITED
Registered Office : Unit No.1901, 19th Floor, Blowonder - Block 'A', 789 Anandapur E.K.T, Kolkata -700 107
CIN: L24232WB1987PLC042956, Tel No: 033 22313337, Fax No: 033-22314768, Website: www.kilburnengg.com
STATEMENT OF AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31st MARCH 2026
| Sr. no. | PARTICULARS | QUARTER ENDED (AUDITED) | QUARTER ENDED (UNAUDITED) | QUARTER ENDED (AUDITED) | YEAR ENDED (AUDITED) | YEAR ENDED (AUDITED) |
|---|---|---|---|---|---|---|
| 31st March, 2026 | 31st December, 2025 | 31st March, 2025 | 31st March, 2026 | 31st March, 2025 | ||
| 1 | Income | |||||
| a. Revenue from Operations | 18,917.78 | 15,677.89 | 12,694.11 | 62,879.92 | 42,446.07 | |
| b. Other Income | 741.90 | 214.84 | 86.03 | 1,571.02 | 315.84 | |
| Total Income | 19,659.68 | 15,892.73 | 12,780.14 | 64,450.94 | 42,761.91 | |
| 2 | Expenses | |||||
| a. Cost of Materials Consumed | 8,257.61 | 6,723.57 | 5,437.26 | 26,693.67 | 18,115.25 | |
| b. Subcontracting Charges | 1,306.17 | 681.94 | 625.08 | 3,586.12 | 2,044.80 | |
| c. Changes in Inventories of Finished Goods and Work in Progress | 467.82 | (49.53) | (834.20) | 394.60 | (22.99) | |
| d. Employee Benefits Expense | 1,911.66 | 1,806.03 | 1,515.67 | 7,191.75 | 5,015.18 | |
| e. Finance Costs | 512.03 | 326.99 | 469.83 | 1,506.30 | 1,486.57 | |
| f. Depreciation and Amortisation Expenses | 294.13 | 299.95 | 256.18 | 1,165.53 | 733.43 | |
| g. Other Expenses | 3,204.24 | 2,903.87 | 2,368.89 | 10,300.01 | 7,123.20 | |
| Total Expenses | 15,953.66 | 12,692.82 | 9,838.71 | 50,837.98 | 34,495.44 | |
| 3 | Profit before Tax (1-2) | 3,706.02 | 3,199.91 | 2,941.43 | 13,612.96 | 8,266.47 |
| 4 | Tax Expense | |||||
| i) Current Tax | 1,030.83 | 975.97 | 750.00 | 3,993.59 | 1,127.72 | |
| ii) Deferred Tax Expense/(income) | 189.66 | (91.74) | 150.28 | (0.64) | 899.76 | |
| Total Tax Expenses | 1,220.49 | 884.23 | 900.28 | 3,992.75 | 2,027.48 | |
| 5 | Net Profit for the Period/Year (3-4) | 2,485.53 | 2,315.68 | 2,041.15 | 9,620.21 | 6,238.99 |
| 6 | Other Comprehensive Income | |||||
| a. | Items that will not be reclassified to Profit or Loss | (204.33) | (167.95) | (286.99) | (191.39) | (135.90) |
| Other Comprehensive Income / (Loss), net of tax | (204.33) | (167.95) | (286.99) | (191.39) | (135.90) | |
| 7 | Total Comprehensive Income for the Period/Year (5+6) | 2,281.19 | 2,147.73 | 1,754.16 | 9,428.81 | 6,103.09 |
| 8 | Paid-up Equity Share Capital (Face Value ₹ 10 each) | 5,188.79 | 5,188.79 | 4,748.79 | 5,296.29 | 4,748.79 |
| 9 | Reserves* | 60,114.91 | 42,502.55 | |||
| 10 | Earnings Per Share (EPS) (in ₹) (not annualised for the quarters) | |||||
| 11 | Basic and Diluted EPS (in ₹) | 4.91 | 4.63 | 4.56 | 19.02 | 13.94 |
*Including Money received against Share Warrants
NOTES:
-
The above consolidated financial results of Kilburn Engineering Limited ("the Holding Company") and its wholly owned subsidiaries (together referred as "the group") have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standards ("Ind AS") notified under the Companies (Indian Accounting Standards) Rules, 2015 (as amended), as prescribed under section 133 of the Companies Act, 2013 and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) 2015, as amended.
-
The above consolidated financial results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at their respective meetings held on 26th May, 2026.
-
On 27th January, 2025, the Holding Company had acquired 41,74,209 Equity Shares of Rs. 10 each, representing 100% fully paid-up Equity Share Capital of Monga Strayfield Private Limited. Consequently, Monga Strayfield Private Limited had become a wholly-owned Subsidiary of the Holding Company w.e.f. 27th January, 2025. The said subsidiary has a wholly owned subsidiary in United Kingdom i.e. Strayfield Limited, whose results have also been consolidated in the financial results of the said subsidiary.
Accordingly, consolidated financial information for the above subsidiary has been included w.e.f 27th January, 2025. Therefore, consolidated financial results for the quarter and year ended 31st March, 2026 are not comparable with the quarter and year ended 31st March, 2025.
-
During the Financial Year 2023-24, the Holding Company had issued 39,50,000 Convertible Warrants of face value of Rs. 10 each at a premium of Rs. 156 on receipt of 25% application money. During the year ended 31st March, 2026, upon receipt of balance 75% thereof aggregating to Rs. 4,917.75 Lakhs, the warrants were converted by issue of equivalent number of fully paid-up Equity Shares.
-
During the Financial Year 2024-25, the Holding Company had issued 47,97,500 Convertible Warrants of face value of Rs. 10 each at a premium of Rs. 415 on receipt of 25% application money. During the year ended 31st March, 2026, upon receipt of balance 75% thereof aggregating to Rs. 4,860.94 Lakhs for 15,25,000 warrants, the warrants have been converted by issue of equivalent number of fully paid-up Equity Shares.
Subsequent to the quarter and year ended 31st March, 2026, upon receipt of balance 75% thereof aggregating to Rs. 9,682.03 Lakhs for 30,37,500 warrants, the warrants have been converted by the Holding Company by issue of equivalent number of fully paid-up Equity Shares. The balance 2,35,000 Convertible Warrants due for conversion on 15th May, 2026 have lapsed due to non-receipt of 75% subscription money. Accordingly, the said warrants stand cancelled and extinguished with effect from 16th May, 2026 and 25% application money amounting to Rs. 249.69 Lakhs, has been forfeited and retained by the Holding Company.
-
The Government of India has consolidated 29 existing labour legislations into a unified framework comprising four labour codes (the new labour codes) on 21st November, 2025. Accordingly, the Group has assessed the impact of these changes and based on certain estimates and an actuarial valuation, has made an incremental provision of Rs. 146.19 lakhs recognised in the consolidated financial results for the year ended on 31st March, 2026, considering information available. The Group continues to monitor the finalisation of the Central and State rules and clarifications issued by the Government on the new labour codes and will recognise the impact of changes in the estimates, as needed.
-
The Board of Directors of the Holding Company has recommended dividend of Rs. 3 per fully paid up equity share for the Financial Year 2025-26, subject to the approval by the members in the ensuing Annual General Meeting of the Holding Company.
-
Disclosure of segment wise information is not applicable, as manufacturing of engineering products is the Group's only business segment.
-
The Group's operations and its results vary from period to period, depending on the delivery schedule of the customers.
-
Figures for the quarter ended 31st March, 2026 are the balancing figures between the audited figures in respect of the full financial year 2025-26 and the published unaudited figures for the nine months ended 31st December, 2025.
-
Previous period figures have been regrouped / rearranged wherever necessary, to correspond with those of the current period classification.
Sampat
LaI
Singhvi
Digitally signed
by Sampat Lal
Singhvi
Date: 2026.03.26
14:23:43 +03'30'
By Order of the Board
( Ranjit Lala )
Managing Director
DIN 07266678
| KILBURN ENGINEERING LIMITED Registered Office : Unit No.1901, 19th Floor, Biowonder - Block 'A', 789 Anandapur E.K.T, Kolkata -700 107 CIN: L24232WB1987PLC042956, Tel No: 033 22313337, Fax No: 033-22314768, Website: www.kilburnengg.com | |||
|---|---|---|---|
| STATEMENT OF CONSOLIDATED ASSETS AND LIABILITIES AS ON 31st MARCH 2026 ₹ in Lakhs | |||
| Sr. No. | PARTICULARS | AS AT 31st March 2026 | AS AT 31st March 2025 |
| (AUDITED) | (AUDITED) | ||
| A | ASSETS | ||
| 1. Non-Current Assets | |||
| (a) Property, Plant and Equipment | 13,169.94 | 12,671.67 | |
| (b) Right-of-use Assets | 3,884.63 | 3,551.82 | |
| (c) Capital Work-in-Progress | 462.81 | 508.11 | |
| (d) Goodwill | 12,051.37 | 12,051.37 | |
| (e) Intangible Assets | 81.52 | 86.37 | |
| (f) Financial Assets | |||
| - Investments | 732.10 | 844.24 | |
| - Other Financial Assets | 691.21 | 730.62 | |
| (g) Income Tax Assets (Net) | 402.23 | 584.83 | |
| (h) Deferred Tax Assets (Net) | 19.52 | 15.34 | |
| (i) Other Non-Current Assets | 138.48 | 64.53 | |
| Total Non-Current Assets | 31,633.81 | 31,108.90 | |
| 2. Current Assets | |||
| (a) Inventories | 4,631.86 | 4,798.12 | |
| (b) Financial Assets | |||
| - Trade Receivables | 20,223.04 | 10,548.11 | |
| - Cash and Cash Equivalents | 3,217.75 | 568.75 | |
| - Bank Balance other than included in Cash and Cash Equivalents | 3,520.59 | 2,135.42 | |
| - Other Financial Assets | 191.28 | 89.17 | |
| (c) Contract Assets | 19,631.17 | 19,909.39 | |
| (d) Other Current Assets | 6,399.87 | 3,934.56 | |
| Total Current Assets | 57,815.56 | 41,983.52 | |
| TOTAL ASSETS | 89,449.37 | 73,092.43 | |
| B | EQUITY AND LIABILITIES | ||
| 1. Equity | |||
| (a) Equity Share Capital | 5,296.29 | 4,748.79 | |
| (b) Other Equity | 60,114.91 | 42,502.55 | |
| Total Equity | 65,411.20 | 47,251.34 | |
| 2. Non-Current Liabilities | |||
| (a) Financial Liabilities | |||
| - Borrowings | 3,155.83 | 5,146.89 | |
| - Lease Liabilities | 1,094.83 | 690.17 | |
| (b) Deferred Tax Liabilities (Net) | 135.45 | 132.11 | |
| (c) Provision | 240.59 | 189.01 | |
| Total Non-Current Liabilities | 4,626.70 | 6,158.18 | |
| 3. Current Liabilities | |||
| (a) Financial Liabilities | |||
| - Borrowings | 4,517.84 | 2,723.91 | |
| - Lease Liabilities | 229.86 | 212.61 | |
| - Trade Payables | |||
| a) total outstanding dues of micro enterprises and small enterprises | 1,336.82 | 632.61 | |
| b) total outstanding dues of creditors other than micro enterprises and small enterprises | 4,070.79 | 5,716.25 | |
| - Other Financial Liabilities | 344.99 | 697.30 | |
| (b) Provisions | 307.85 | 218.84 | |
| (c) Contract Liabilities | 6,295.96 | 7,529.31 | |
| (d) Current Tax Liabilities (Net) | 1,466.40 | 1,196.16 | |
| (e) Other Current Liabilities | 840.97 | 755.92 | |
| Total Current Liabilities | 19,411.48 | 19,682.91 | |
| TOTAL - EQUITY AND LIABILITIES | 89,449.37 | 73,092.43 | |
| Sampat Lal Singh | Digitally signed by Sampat Lal Singh Date: 20/06/05 26 06:28:59 +00'00' | Ranjit Pamela Pamip Lala Ranjit Lala Managing Director DIN 07266678 |
Kilburn Engineering Limited
Registered Office : Unit No.1901, 19th Floor, Biowonder - Block 'A', 789 Anandapur E.K.T, Kolkata -700 107
CIN: L24232WB1987PLC042956, Tel No: 033 22313337, Fax No: 033-22314768, Website: www.kilburnengg.com
CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2026
| ₹ in Lakhs | ||
|---|---|---|
| For the Year ended 31st March 2026 | For the Year ended 31st March 2025 | |
| (AUDITED) | (AUDITED) | |
| Cash Flows from Operating Activities : | ||
| Profit/(loss) before Tax | 13,612.96 | 8,266.47 |
| Adjustments to reconcile profit/(loss) before tax to net cash flows: | ||
| Depreciation and Amortisation Expense | 1,165.53 | 733.45 |
| Foreign Exchange Gain (Net) | (567.65) | (34.11) |
| Profit on sale of Property, Plant and Equipment (Net) | (126.06) | (0.86) |
| Finance Costs | 1,506.30 | 1,492.92 |
| Balances written off | 147.66 | 4.97 |
| Property, Plant & Equipment written off | 192.71 | - |
| Provision for Loss Allowance (Net) | 259.01 | 534.13 |
| Unwinding of Discount on Security Deposit | (13.02) | (7.51) |
| Liabilities / Provisions no longer required written back | (24.22) | (76.34) |
| Dividend Income | (4.07) | (2.44) |
| Gain on Cancellation of Lease | - | (18.96) |
| Interest income on income tax refund | (330.74) | - |
| Other Interest Income | (264.96) | (159.97) |
| Operating Profit/(Loss) before working capital changes | 15,553.45 | 10,731.75 |
| Working capital adjustments: | ||
| (Increase)/Decrease in Contract Assets and Other Financial Assets | 1,005.58 | (6,684.72) |
| (Increase)/decrease in Trade Receivables | (9,550.75) | (2,319.94) |
| (Increase)/decrease in Inventories | 166.26 | (745.23) |
| (Increase)/decrease in Other Assets | (1,852.30) | (1,274.63) |
| Increase /(decrease) in Trade Payables | (1,793.35) | 1,180.04 |
| Increase /(decrease) in Provisions | 35.11 | 368.14 |
| Increase/ (Decrease) in Contract Liabilities and Other Liabilities | (2,790.54) | (1,982.27) |
| Increase /(decrease) in Other Financial Liabilities | 243.49 | (74.37) |
| Cash generated from / (used in) operations | 1,016.95 | (801.23) |
| Income tax paid (net of refunds) | (2,792.57) | (103.84) |
| Net cash flows from / (used in) operating activities (A) | (1,775.62) | (905.07) |
| Cash Flows from Investing Activities : | ||
| Proceeds from sale of Property, Plant and Equipment | 296.64 | 12.80 |
| Acquisition of Subsidiary | - | (9,640.77) |
| Payments for Property, Plant and Equipment including Capital Work in Progress and Right of Use Assets | (1,607.00) | (3,529.27) |
| Net bank balances not considered as Cash and Cash Equivalents | (1,264.60) | 2,749.47 |
| Security Deposits Paid (Net) | (80.01) | (75.05) |
| Advances given | - | (10.89) |
| Dividend received | 4.07 | 2.44 |
| Interest Income Received | 260.38 | 181.27 |
| Foreign exchange adjustments | - | 42.49 |
| Net cash flows from / (used in) Investing Activities (B) | (2,390.52) | (10,267.51) |
| Cash Flows from Financing Activities : | ||
| Finance Costs Paid on other than lease liabilities | (1,340.90) | (1,446.15) |
| Finance Costs Paid on lease liabilities | (147.16) | (83.65) |
| Principal Payment of Lease Liabilities | (227.92) | (130.95) |
| Proceeds from Issue of Equity Shares including share warrants | 9,778.69 | 14,594.22 |
| Other Changes | - | (7.68) |
| Repayment of Borrowings | (1,222.73) | (714.19) |
| Proceeds from Borrowings | 1,284.31 | 217.51 |
| Increase / (decrease) in Working Capital Borrowings (net) | (280.85) | 109.58 |
| Dividend Payment | (1,028.29) | (927.11) |
| Net cash flows from / (used in) Financing Activities (C) | 6,815.15 | 11,611.58 |
| Net increase / (decrease) in Cash and Cash Equivalents (A+B+C) | 2,649.00 | 439.01 |
| Cash and Cash Equivalents at the beginning of the year | 568.75 | 129.74 |
| Cash and Cash Equivalents at the end of the year | 3,217.75 | 568.75 |
| Components of Cash and Cash Equivalents : | ||
| Balances with banks | ||
| - On current accounts | 2,647.75 | 562.68 |
| - Cash on hand | 9.40 | 6.07 |
| - In Fixed Deposits with maturity less than three months | 560.60 | - |
| Total Cash and Cash Equivalents at the end of the year | 3,217.75 | 568.75 |
The above consolidated statement of cash flows has been prepared under the "Indirect Method" as set out in the Indian Accounting Standard, IND AS - 7
Statement of Cash Flows.
| Sampat Lal | Digitally signed by
Sampat Lal Singh |
| --- | --- |
| Singhvi | Date: 2004.05.24
14:27:01 +00'00' |
Ranjit
Pamo Lala
Place : Kolkata
Date : 26th May, 2026
(Ranjit Lala)
Managing Director
DIN 07266678
V. SINGHI & ASSOCIATES
Chartered Accountants
61, 6th Floor, Sakhar Bhavan
230, Nariman Point,
Mumbai 400 021
Phone: +91 22 6250 1800
E-Mail: [email protected]
Independent Auditor's Report on Consolidated Annual Financial Results of Kilburn Engineering Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, for the quarter and year ended 31st March, 2026
The Board of Directors
Kilburn Engineering Limited
Unit No 1901, 19th Floor,
Biowonder- Block A, 789,
Anandapur, E.K.T
Kolkata-700107
Report on the Audit of the Consolidated Annual Financial Results
Opinion
We have audited the accompanying Consolidated Annual Financial Results of Kilburn Engineering Limited ('Holding Company') and its subsidiaries (Holding company and its subsidiaries together referred to as 'the Group') for the quarter and year ended 31st March, 2026, being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the Listing Regulations").
In our opinion and to the best of our information and according to the explanations given to us and based on the consideration of reports of other auditors on separate audited financial statements, the aforesaid Consolidated Annual Financial Results:
a. includes the results of the Holding Company and the following entities
i) M. E Energy Private Limited, wholly owned subsidiary
ii) Monga Strayfield Private Limited, wholly owned subsidiary
iii) Strayfield Limited, step-down subsidiary
iv) Kilburn East End Private Limited, wholly owned subsidiary (incorporated on 28th January, 2026)
b. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and
c. give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards ("Ind AS"), and other accounting principles generally accepted in India, of the consolidated net profit and other comprehensive income and other financial information of the Group for the quarter and the year ended 31st March, 2026.
Bengaluru | Delhi | Guwahati | Hyderabad | Kolkata | Mumbai | Ranchi
V. SINGHI & ASSOCIATES
Chartered Accountants
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing ("SAs") specified under section 143(10) of the Companies Act, 2013 ("the Act"). Our responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the Consolidated Annual Financial Results section of our report. We are independent of the Group in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India ("ICAI") together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI's Code of Ethics. We believe that the audit evidence obtained by us, along with the consideration of the reports of the other auditors referred to in sub paragraph no. a of the "Other Matters" paragraph below, is sufficient and appropriate to provide a basis for our opinion on the consolidated annual financial results.
Management's and Board of Directors' Responsibilities for the Consolidated Annual Financial Results
These consolidated annual financial results have been prepared on the basis of the consolidated annual financial statements.
The Holding Company's Management and the Board of Directors are responsible for the preparation and presentation of these consolidated annual financial results that give a true and fair view of the consolidated net profit/loss and other comprehensive income and other financial information of the Group in accordance with the recognition and measurement principles laid down in Indian Accounting Standards prescribed under section 133 of the Act and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The respective Management and Board of Directors of the Companies included in the group are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of each Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the consolidated annual financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of the consolidated annual financial results by the Management and Directors of the Holding Company, as aforesaid.
In preparing the Consolidated Annual Financial Results, the respective Management and Board of Directors of the companies included in the group are responsible for assessing the ability of each company to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.
The respective Board of Directors of the companies included in the Group are responsible for overseeing the financial reporting process of each company.
V. SINGHI & ASSOCIATES
Chartered Accountants
Auditor's Responsibilities for the Audit of the Consolidated Annual Financial Results
Our objectives are to obtain reasonable assurance about whether the consolidated annual financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Consolidated Annual Financial Results.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
- Identify and assess the risks of material misstatement of the Consolidated Annual Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls.
- Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3) (i) of the Act, we are also responsible for expressing our opinion through a separate report on the complete set of financial statements on whether the Group has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls;
- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures in the consolidated annual financial results made by the Management and Board of Directors;
- Conclude on the appropriateness of the Management's and Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the appropriateness of this assumption. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the consolidated annual financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our Auditor's Report. However, future events or conditions may cause the Group to cease to continue as a going concern.
- Evaluate the overall presentation, structure, and content of the consolidated annual financial results, including the disclosures, and whether the consolidated annual financial results represent the underlying transactions and events in a manner that achieves fair presentation.
- Obtain sufficient appropriate audit evidence regarding the financial statements of the entities within the Group to express an opinion on the consolidated annual financial results. We are responsible for the direction, supervision and performance of the audit of financial information of such entities included in the consolidated annual financial results of which we are the independent auditors. For the other entities included in the consolidated annual financial results, which have been audited by other auditors, such other auditors remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion. Our responsibilities in this regard are further described in sub paragraph no. (a) of the "Other Matters" paragraph in this audit report.
We communicate with those charged with governance of the Holding company and such other entities included in the Consolidated Annual Financial Results of which we are the independent auditors regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal controls that we identify during our audit.
V. SINGHI & ASSOCIATES
Chartered Accountants
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
We also performed procedures in accordance with the circular No CIR/CFD/CMD1/44/2019 issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable.
Other Matters
a. The consolidated annual financial results include the audited financial results of one step down subsidiary, Strayfield Limited whose financial statements reflect total assets (before consolidation adjustments) of Rs. 37.49 Lakhs as at 31st March 2026, total revenue (before consolidation adjustments) of Rs. 1,140.18 Lakhs and net cash inflows (before consolidation adjustments) of Rs 241.44 Lakhs for the year ended on that date, as considered in the consolidated annual financial results, which have been audited by its independent auditor. The independent auditor's report on financial statements of the said entity have been furnished to us by the management.
Our opinion on the consolidated annual financial results, in so far as it relates to the amounts and disclosures included in respect of the said entity, is based solely on the reports of such auditors and the procedures performed by us are as stated in paragraph above.
Our opinion on the consolidated annual financial results is not modified in respect of the above matter with respect to our reliance on the work done and the reports of the other auditor.
b. The consolidated annual financial results include the unaudited financial results of a wholly owned subsidiary, Kilburn East End Private Limited (incorporated on 28th January, 2026), whose consolidated financial results reflect its share of total Assets in the Group (before consolidation adjustments) of Rs. 10.00 Lakhs as at 31st March, 2026, revenues (before consolidation adjustments) amounting to Nil, loss before tax amounting to Rs. 0.36 Lakhs and Net Cash inflow amounting to Rs. 10.00 Lakhs for the period 28th January, 2026 to 31st March, 2026. These financial statements are unaudited and have been furnished to us by the Management and our opinion on the Statement, in so far as it relates to the amounts and disclosures included in respect of this subsidiary, is based solely on such unaudited financial statements. According to the information and explanations given to us by the Management, these financial statements are not material to the Group.
c. The consolidated annual financial results include the results for the quarter ended 31st March 2026, being the balancing figure between the audited figures in respect of the full financial year and the published audited year to date figures up to the third quarter of the current financial year which were subject to limited review by us.
Our opinion is not modified in respect of the above matters.
For V. Singhi & Associates
Chartered Accountants
Firm Registration No.: 311017E
Sampat Lal Singhvi
Digitally signed by Sampat Lal Singhvi
Date: 2026.05.26 16:33:12 +05'30'
(Sampat Lal Singhvi)
Partner
Membership No.: 083300
UDIN: 26083300BIHLRM2817
Place: Mumbai
Date: 26th May, 2026
C
KILBURN ENGINEERING LTD.
Corporate office: 501, 5th floor, I-Think Techno Campus, Jolly Board Tower No.1, Kanjurmarg (East), Mumbai 400 042, Maharashtra, INDIA. Tel No.: +91 22 6551 0300 Website: www.kilburnengg.com Email: [email protected]
Pursuant to Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
It is hereby declared and confirmed that M/s. V. Singhi & Associates, Chartered Accountants, Statutory Auditors of the company, have issued Audit Report with an unmodified Opinion on Audited Standalone and Consolidated Financial Results for the financial Year ended 31st March 2026.
This declaration is given in compliance with Regulation 33(3)(d) of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time.
For Kilburn Engineering Limited
Ranjit
Pamo Lala
Ranjit Pamo Lala
Managing Director
DIN: 07266678
Date: 26th May, 2026
AN ISO - 9001:2015 CERTIFIED COMPANY
CIN: L24232WB1987PLC042956
Registered office: 1901, 19th Floor, Biowonder - Block A, 789, Anandapur, Eastern Metropolitan Bypass, Kolkata - 700 107, INDIA. Tel no.: +91 33 6904 5700
Saravali Works: Plot No. 6, MIDC - Saravali, Kalyan Bhiwandi Road, Taluka Bhiwandi, Dist. Thane - 421 311, Maharashtra, INDIA. Tel No.: +91 2522 663800 / 283000.
Ambarnath Works: Plot No. B-78/1, Anand Nagar, Additional MIDC, Ambernath (East), Dist. Thane - 421 506, Maharashtra, INDIA.