Kakatiya Textiles Ltd (521054)

Kakatiya Textiles Ltd has submitted a formal disclosure to the BSE stating that Regulation 32(1) of SEBI (LODR) Regulations, 2015, is not applicable to the company. The management confirmed that no funds were raised through public issues, rights issues, preferential issues, or Qualified Institutions Placements (QIP). Consequently, there is no statement of deviation or variation to report regarding the use of proceeds. This is a standard administrative filing confirming the status of the company's capital raising activities.

• Company confirmed it has not raised any funds through public or preferential routes
• Regulation 32(1) regarding Statement of Deviation is declared not applicable
• No Annexure A was submitted as per SEBI circular CIR/CFD/CMD1/162/2019
• Disclosure filed on August 13, 2026, for regulatory compliance

Kakatiya Textiles reported a significant revenue recovery in Q1 FY27, with operations generating ₹11.84 Cr compared to ₹7.01 Cr in the same period last year. The company remains loss-making, though the net loss narrowed substantially to ₹0.17 Cr from ₹0.62 Cr YoY. Despite the top-line growth, total expenses of ₹12.09 Cr still exceed total income, and the company continues to grapple with a severely stressed balance sheet, including a negative net worth of ₹14 Cr as per recent context.

• Revenue from operations increased 68.9% YoY to ₹11.84 Cr from ₹7.01 Cr.
• Net loss narrowed by 72.5% YoY to ₹0.17 Cr from ₹0.62 Cr.
• Total expenses stood at ₹12.09 Cr, with raw material costs accounting for ₹5.48 Cr.
• Exceptional gain of ₹0.07 Cr recorded due to surcharge and interest waiver on power charges.
• Negative reserves of ₹23.64 Cr reported as of the previous year-end (March 2026).

Kakatiya Textiles reported a sharp 68.9% YoY increase in revenue to ₹11.84 Cr for Q1 FY27, compared to ₹7.01 Cr in Q1 FY26. The company's net loss narrowed significantly to ₹0.17 Cr from a loss of ₹0.62 Cr in the year-ago period. Despite the top-line growth, the company remains operationally stressed with total expenses of ₹12.09 Cr exceeding total income. The balance sheet remains a concern with a negative net worth of ₹14 Cr and accumulated losses (reserves) of ₹-23.64 Cr as of the last audited period.

• Revenue from operations increased by 68.9% YoY to ₹11.84 Cr.
• Net loss for the quarter narrowed to ₹17 Lakhs from ₹62 Lakhs in the same quarter last year.
• Exceptional gain of ₹7 Lakhs recorded due to surcharge and interest waiver on power charges.
• Total expenses for the quarter stood at ₹12.09 Cr, with raw material costs accounting for ₹5.48 Cr.
• The 44th Annual General Meeting (AGM) is scheduled for September 29, 2026.

Kakatiya Textiles Ltd has scheduled a board meeting for August 13, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company is a micro-cap with a market capitalization of just ₹6 Cr and faces significant financial stress, including a negative net worth of ₹14 Cr. While TTM revenue stands at ₹42 Cr, the company has struggled with profitability, reporting a net loss of ₹1 Cr over the trailing twelve months. Investors will be looking for signs of operational recovery following a volatile FY25 where quarterly profits swung from ₹2.12 Cr (Mar 2025) to a loss of ₹2.09 Cr (Dec 2025).

• Board meeting scheduled for August 13, 2026, to approve Q1 FY27 results.
• Company reports a negative net worth of ₹14 Cr against a debt of ₹16 Cr.
• TTM revenue of ₹42 Cr is significantly higher than the current market cap of ₹6 Cr.
• Promoter holding remains stable at 51.03% as of June 2026.
• Stock has seen a 50.2% price decline over the last 12 months.