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Kingfa Science & Technology (India) Ltd Interim / Quarterly Report 2026
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Interim / Quarterly Report
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KINGFA
KINGFA/SE/2026-27
Date: 29/05/2026
To,
National Stock Exchange of India Limited
Exchange Plaza, Plot No. C/1, G- Block,
Bandra –Kurla Complex, Bandra (East),
Mumbai 400051
BSE Limited
Corporate Relationship Department 1st Floor,
New Trading Ring, Rotunda Building, P.J. Towers,
Dalal Street, Fort, Mumbai 400001
Symbol: KINGFA
Scrip Code: 524019
Subject: Outcome of Board Meeting held on May 29, 2026
Dear Sir/Madam,
Pursuant to the Regulation 30 read with Schedule III and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 (“Listing Regulations”) and other regulations, if any applicable, we hereby inform you that the Board of Directors of the Company at its Meeting held today i.e. May 29, 2026 have inter alia, approved the following matters:
- Audited Financial Results
The Board of Directors (“BoDs/Board”) has approved the Audited Standalone Financial Results along with Auditor’s Report thereon by Statutory Auditor of the Company for the quarter and year ended March 31, 2026. The results have been reviewed by the Audit Committee at its meeting held on 28th May 2026 and based on its recommendation approved by the Board.
A copy of the said Audited Standalone Financial Results, along with the Auditor’s Report issued by the Statutory Auditor and the declaration signed by the Chief Financial Officer pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 confirming Auditor Report with unmodified opinion on Financial Results, is enclosed herewith as Annexure 1.
The meeting of the Board of Directors commenced at 10.30 A.M. and concluded at 4:30 P.M.
You are requested to take the above information on record.
Yours truly,
For Kingfa Science & Technology (India) Limited
DEEPAK
VYAS
Digitally signed by
DEEPAK VYAS
Date: 2026.05.29
16:37:47 +05'30'
Deepak Vyas
Company Secretary & Compliance officer
Kingfa Science & Technology (India) Limited
CIN: L25209TN1983PLC010438
Regd. Office: Dhun Building, III Floor,
827, Anna Salai, Chennai - 600002.
Tel: +44 – 28521736 Fax: +44 – 28520420
E-mail: [email protected]
Website: www.kingfaindia.com
Annexure - 1
P G BHAGWAT LLP
Chartered Accountants
LLPIN: AAT-9949
HEAD OFFICE
Suites 102, 'Orchard'
Dr. Pai Marg, Baner, Pune - 45
Tel (O): 020 - 27290771
Email: [email protected]
Web: www.pgbhagwatca.com
INDEPENDENT AUDITORS' REPORT
TO THE BOARD OF DIRECTORS OF KINGFA SCIENCE & TECHNOLOGY (INDIA) LIMITED
Report on the audit of the Financial Results
Opinion
We have audited the accompanying quarterly and annual financial results of Kingfa Science & Technology (India) Limited (the Company) for the quarter ended March 31, 2026 and the year to date results for the period from April 1, 2025 to March 31, 2026, attached herewith, being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations").
In our opinion and to the best of our information and according to the explanations given to us these financial results:
i. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and
ii. give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable accounting standards and other accounting principles generally accepted in India of the net profit and other comprehensive income and other financial information for the quarter ended March 31, 2026 as well as the year to date results for the period from April 1, 2025 to March 31, 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 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 together with the ethical requirements that are relevant to our audit of the financial results 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 Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Management’s Responsibilities for the Financial Results
These quarterly financial results as well as the year to date financial results have been prepared on the basis of the interim financial statements. The Company’s Board of Directors are responsible for the preparation of these financial results that give a true and fair view of the net profit and other comprehensive income and other financial information in accordance with the accounting principles generally accepted in India including the Indian Accounting Standards specified in the Companies (Indian Accounting Standards) Rule 2015 (as amended) under Section 133 of the Act read with relevant rules issued thereunder 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
KINGFA SCIENCE & TECHNOLOGY (INDIA) LIMITED AUDIT REPORT MARCH 31, 2026
Office at: Mumbai | Kolhapur | Belgaum | Dharwad | Bengaluru
P G BHAGWAT LLP
Chartered Accountants
LLPIN: AAT-9949
are reasonable and prudent; and 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 financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error.
In preparing the financial results, the Board of Directors are 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 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 Financial Results
Our objectives are to obtain reasonable assurance about whether the 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 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 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 control.
- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company's internal control.
- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.
- Conclude on the appropriateness of the 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 Company's ability 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 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 financial results, including the disclosures, and whether the 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 control that we identify during our audit.
KINGFA SCIENCE & TECHNOLOGY (INDIA) LIMITED AUDIT REPORT MARCH 31, 2026
P G BHAGWAT LLP
Chartered Accountants
LLPIN: AAT-9949
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 Matters
The quarterly financial results for the period ended March 31, 2026 are the derived figures between the audited figures in respect of the year ended March 31, 2026 and the published year-to-date figures up to December 31, 2025, being the date of the end of the third quarter of the current financial year, which were subjected to limited review as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Our opinion is not modified in respect of this matter.
For P G BHAGWAT LLP
Chartered Accountants
Firm Registration Number: 101118W/W100682
Abhijit Shetye
Partner
Membership Number: 151638
UDIN: 26151638RGPHVU3799
Pune
May 29, 2026
KINGFA SCIENCE & TECHNOLOGY (INDIA) LIMITED AUDIT REPORT MARCH 31, 2026
KINGFA SCIENCE & TECHNOLOGY (INDIA) LIMITED
CIN: L25209TN1983PLC010438
Regd. Office: Dhun Building, III Floor, 827, Anna Salai, Chennai - 600 002.
Phone: 044-28521736 Fax: 044-28520420 E-mail: [email protected] Website: www.kingfaindia.com
(All figures stated in Financial Results and Notes thereto are in Rupees in Lakhs unless otherwise stated)
Audited Financial Results for the Quarter and Year Ended March 31, 2026
(Rs. in Lakhs)
| S No. | Particulars | Quarter Ended | Year Ended | |||
|---|---|---|---|---|---|---|
| Mar 31, 2026 | Dec 31, 2025 | Mar 31, 2025 | Mar 31, 2026 | Mar 31, 2025 | ||
| (Audited) | (Unaudited) | (Audited) | (Audited) | (Audited) | ||
| 1 | (a) Revenue from Operations | 57,846.85 | 48,945.96 | 46,955.28 | 1,99,555.15 | 1,74,469.06 |
| (b) Other Income | 714.77 | 706.22 | 192.87 | 2,064.74 | 937.51 | |
| Total Income | 58,561.62 | 49,652.18 | 47,148.15 | 2,01,619.89 | 1,75,406.57 | |
| 2 | Expenses | |||||
| (a) Cost of materials consumed | 35,695.16 | 32,312.71 | 31,373.84 | 1,36,597.50 | 1,24,459.78 | |
| (b) Purchase of traded goods | 6,984.44 | 2,480.04 | 4,740.58 | 15,804.59 | 12,237.15 | |
| (c) Changes in inventories of finished goods, work-in-progress and traded goods | 783.92 | 2,247.99 | 184.34 | (623.97) | (1,927.49) | |
| (d) Employees benefits expense | 1,634.48 | 1,229.88 | 1,044.54 | 4,850.29 | 3,932.83 | |
| (e) Finance costs | 90.33 | 83.04 | 250.35 | 375.49 | 665.52 | |
| (f) Depreciation and amortisation expense | 751.14 | 737.93 | 554.97 | 2,838.03 | 2,171.47 | |
| (g) Other expenses | 4,649.04 | 4,487.53 | 3,566.68 | 16,787.43 | 13,259.36 | |
| Total expenses | 50,588.51 | 43,579.12 | 41,715.30 | 1,76,629.36 | 1,54,798.62 | |
| 3 | Profit before exceptional items and tax | 7,973.11 | 6,073.06 | 5,432.85 | 24,990.53 | 20,607.95 |
| 4 | Exceptional Items | - | - | - | - | - |
| 5 | Profit before tax (3-4) | 7,973.11 | 6,073.06 | 5,432.85 | 24,990.53 | 20,607.95 |
| 6 | Tax expenses | 2,058.18 | 1,555.62 | 1,243.09 | 6,464.68 | 5,322.43 |
| - Current Tax | 2,075.07 | 1,553.81 | 1,321.74 | 6,397.28 | 5,250.28 | |
| - Deferred Tax | (16.89) | 1.81 | (78.65) | 67.40 | 72.15 | |
| 7 | Net Profit for the period (5-6) | 5,914.93 | 4,517.44 | 4,189.76 | 18,525.85 | 15,285.52 |
| 8 | Other Comprehensive Income (net of tax expenses) | (9.26) | 69.68 | (71.17) | 24.83 | (71.17) |
| (i) Items that will not be reclassified to profit or loss | - | - | - | - | - | |
| Re-measurement gains/(losses) on defined benefit plans | (12.37) | 93.11 | (95.11) | 33.18 | (95.11) | |
| Income tax effect on above | 3.11 | (23.43) | 23.94 | (8.35) | 23.94 | |
| (ii) Items that may be reclassified to profit or loss | - | - | - | - | - | |
| 9 | Total Comprehensive Income (7+8) | 5,905.67 | 4,587.12 | 4,118.59 | 18,550.68 | 15,214.35 |
| 10 | Paid-Up Equity Share Capital [Face value of Rs.10 each] | 1,355.14 | 1,355.14 | 1,211.05 | 1,285.66 | 1,211.05 |
| No. of Equity Shares | 1,35,51,381 | 1,35,51,381 | 1,21,10,461 | 1,28,56,581 | 1,21,10,461 | |
| 11 | Reserve excluding Revaluation Reserves as per balance sheet of previous accounting year | - | - | - | - | 71,649.84 |
| 12 | Earnings per equity share (Face value of Rs.10 each) | |||||
| Basic | 43.65 | 33.34 | 34.60 | 144.10 | 126.22 | |
| Diluted | 43.65 | 33.34 | 34.60 | 144.10 | 126.22 |
P
NOTES:
1 Statement of assets and liabilities (Balance Sheet)
| Particulars | As at
31 March 2026 | As at
31 March 2025 |
| --- | --- | --- |
| | Audited | Audited |
| ASSETS | | |
| I. Non-current assets | 37,738.33 | 30,150.17 |
| (a) Property, plant and equipment | 30,021.62 | 24,381.13 |
| (b) Capital work-in-progress | 6,082.49 | 4,107.77 |
| (c) Intangible assets | 0.13 | 0.30 |
| (d) Financial assets | | |
| (i) Other financial assets | 997.20 | 899.77 |
| (e) Income tax assets (net) | 494.73 | 536.51 |
| (f) Other non-current assets | 142.16 | 224.69 |
| II. Current assets | 1,37,682.14 | 85,411.61 |
| (a) Inventories | 32,374.06 | 30,114.57 |
| (b) Financial assets | | |
| (i) Trade receivables | 53,412.85 | 44,609.38 |
| (ii) Cash and cash equivalents | 13,558.30 | 2,348.03 |
| (iii) Bank balance other than (ii) above | 28,528.70 | 18.28 |
| (iv) Other financial assets | 2,414.77 | 877.87 |
| (c) Other current assets | 7,389.85 | 7,439.87 |
| (d) Assets classified as held for sale | 3.61 | 3.61 |
| Total Assets | 1,75,420.47 | 1,15,561.78 |
| EQUITY AND LIABILITIES | | |
| Equity | 1,39,930.87 | 72,860.89 |
| (a) Equity share capital | 1,355.14 | 1,211.05 |
| (b) Other equity | | |
| (i) Capital reserve | 67.18 | 67.18 |
| (ii) Capital redemption reserve | 87.09 | 87.09 |
| (iii) Securities premium reserve | 73,253.59 | 24,878.38 |
| (iv) General reserve | 1,122.76 | 1,122.76 |
| (v) Retained earnings | 64,045.11 | 45,494.43 |
| Liabilities | | |
| I. Non-current liabilities | 1,586.06 | 483.33 |
| (a) Financial liabilities | | |
| (i) Lease liabilities | 1,236.32 | 206.08 |
| (ii) Other financial liabilities | - | 2.00 |
| (b) Deferred tax liabilities (net) | 242.95 | 167.20 |
| (c) Government grants | 106.79 | 108.05 |
| II. Current liabilities | 33,903.54 | 42,217.56 |
| (a) Financial liabilities | | |
| (i) Borrowings | - | 3,914.43 |
| (ii) Lease liabilities | 304.06 | 179.74 |
| (iii) Trade and other payables | | |
| (a) Total outstanding dues of micro enterprises and small enterprises | 1,464.83 | 1,020.69 |
| (b) Total outstanding dues of creditors other than micro enterprises and small enterprises | 29,871.67 | 33,859.56 |
| (iv) Other financial liabilities | 725.66 | 2,372.09 |
| (b) Other current liabilities | 717.96 | 378.54 |
| (c) Short-term provisions | 269.79 | 308.51 |
| (d) Government grants | 1.26 | 1.26 |
| (e) Current tax liabilities (net) | 548.31 | 182.74 |
| Total Equity and Liabilities | 1,75,420.47 | 1,15,561.78 |
P
^{}[]
2 Statement of Cash Flow
| Particulars | For the year ended | |
|---|---|---|
| Mar 31, 2026 | March 31, 2025 | |
| Audited | Audited | |
| CASH FLOW FROM OPERATING ACTIVITIES | ||
| Profit before Tax | 24,990.53 | 20,607.95 |
| Adjustments to reconcile profit before tax to net cash flows: | ||
| Add: | ||
| Depreciation and Amortisation | 2,838.03 | 2,171.47 |
| Provision for Impairment Loss | 163.73 | 161.07 |
| Provision for doubtful debts and advances made/(written back) | 32.59 | 70.26 |
| Bid debts written off | 66.41 | 137.42 |
| Loss / (Gain) on sale of Property, Plant & Equipment | 0.54 | - |
| Unrealized Loss / (Profit) on foreign currency trade payable | 409.76 | (406.83) |
| Unrealized Loss / (Profit) on foreign currency trade receivable | (283.02) | 10.79 |
| Finance cost | 375.49 | 665.52 |
| 3,603.53 | 2,809.70 | |
| Less: | ||
| Government grant income | 1.26 | 1.26 |
| Interest income | 1,238.19 | 55.09 |
| Profit on sale of assets | - | 0.20 |
| Provisions no longer required written back | 682.03 | 443.68 |
| Provision for doubtful debts | 49.03 | 205.29 |
| 1,970.51 | 705.52 | |
| Operating Profit before working capital changes | 26,623.55 | 22,712.13 |
| Working Capital Adjustments | ||
| (Increase) / Decrease in Trade Receivables and Other Assets | (9,354.25) | (5,378.29) |
| (Increase) / Decrease in Inventories | (2,259.48) | (5,901.22) |
| Increase / (Decrease) in Trade and other Payables | (2,393.37) | 1,056.74 |
| Increase / (Decrease) in Provisions | (5.54) | 83.47 |
| (14,012.64) | (10,139.30) | |
| Net Cash generated from operations | 12,610.91 | 12,572.83 |
| Direct taxes paid (Net of refunds received if any) | (5,989.93) | (6,580.51) |
| NET CASH INFLOW FROM OPERATING ACTIVITIES | 6,620.98 | 5,992.32 |
| CASH FLOW FROM INVESTING ACTIVITIES | ||
| Sale of Property, Plant and Equipment | 1.60 | 2.38 |
| Interest received | 386.86 | 40.22 |
| Purchase of Property, Plant and Equipment | (11,129.09) | (3,032.95) |
| (Investment in) /Disposal of fixed deposits (net) | (28,500.85) | 6.15 |
| NET CASH (OUTFLOW) FROM INVESTING ACTIVITIES | (39,241.48) | (2,984.20) |
| CASH FLOW FROM FINANCING ACTIVITIES | ||
| Proceeds from issue of equity shares | 49,999.92 | - |
| Payment of share issue expenses | (1,480.63) | - |
| (Repayment of)/Proceed from Borrowings (Net) | (3,914.43) | 1,414.42 |
| Interest paid (finance cost) | (242.95) | (726.22) |
| Principal element of lease payment including incidental cost | (531.08) | (178.96) |
| Final Dividend Paid | (0.06) | (1,205.37) |
| NET CASH INFLOW/(OUTFLOW) FROM FINANCING ACTIVITY | 43,830.77 | (636.13) |
| Net increase / (decrease) in cash and cash equivalents | 11,210.27 | 2,311.99 |
| Opening Cash and Cash equivalents | 2,348.03 | 36.04 |
| Closing Cash and Cash equivalents | 13,558.30 | 2,348.03 |
SGSG
Notes:
-
The above audited financials results of Kingfa Science & Technology (India) Limited (the "Company") were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 29, 2026. As required under regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended, the Statutory auditors of the Company have carried out an audit of results for the quarter & year ended March 31, 2026.
-
The audited financial results has been prepared in accordance with Indian Accounting Standards (Ind AS), the provisions of the Companies Act, 2013 (the Act), as applicable and guidelines issued by the Securities and Exchange Board of India (SEBI).
-
The Company manufactures "Modified Thermoplastic Compounds" which is a single reportable segment in accordance with Ind AS 108 - "Operating segment" notified pursuant to Companies (Indian Accounting Standards) Rules, 2015.
-
Other expenses/income includes exchange gain/(loss) on foreign currency fluctuation.
| Particulars | Quarter Ended | Year Ended | |||
|---|---|---|---|---|---|
| Mar 31, 2026 | Dec 31, 2025 | Mar 31, 2025 | Mar 31, 2026 | Mar 31, 2025 | |
| (Audited) | (Unaudited) | (Audited) | (Audited) | (Audited) | |
| Foreign exchange gain/ (loss) - net | (470.88) | (380.21) | 163.47 | (1,387.83) | 217.79 |
-
The Company does not have any subsidiary/associate/joint venture company(ies) as on March 31, 2026, hence the requirement to prepare consolidated financial results is not applicable to the Company.
-
The figures of the quarter ended 31st March 2026 and 31st March 2025, as reported in the financial results are the balancing figures between the audited figures in respect of year ended 31st March 2026 and 31st March 2025 and unaudited standalone financial results of 9 month ended 31st December 2025 and 31st December 2024 respectively, which were subjected to limited review by the statutory auditors.
-
Previous period's figures have been regrouped / reclassified wherever necessary to correspond with the current period's classification / disclosure.
Place : Pune
Date : May 29, 2026
KINGFA
KINGFA/SE/2026-27
Date: 29/05/2026
To,
National Stock Exchange of India Limited
Exchange Plaza, Plot No. C/1, G- Block,
Bandra –Kurla Complex, Bandra (East),
Mumbai 400051
BSE Limited
Corporate Relationship Department 1st Floor,
New Trading Ring, Rotunda Building, P.J.
Towers, Dalal Street, Fort, Mumbai 400001
Symbol: KINGFA
Scrip Code: 524019
Subject: Declaration for unmodified opinion in respect of Audited Financial Results of the Company for the Financial Year ended 31st March, 2026
Dear Sir/Madam,
Pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, we hereby declare that the Statutory Auditor of the Company, M/s. P G Bhagwat LLP, Chartered Accounts, has issued Audit Report with unmodified opinion on Audited Financial Results of the Company for the year ended 31st March, 2026.
This is for your information and records please.
You are requested to take the above information on record.
Yours truly,
For Kingfa Science & Technology (India) Limited
CHEN XIAOQIONG
Chief Financial Officer
Kingfa Science & Technology (India) Limited
CIN: L25209TN1983PLC010438
Regd. Office: Dhun Building, III Floor,
827, Anna Salai, Chennai - 600002.
Tel: +44 – 28521736 Fax: +44 – 28520420
E-mail: [email protected]
Website: www.kingfaindia.com