Kataria Industries Limited (KATARIA)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Kataria Industries' revenue was ₹161 Cr (-23.0% year on year, -5.4% on the previous half-year), and net profit ₹8.0 Cr (+33.3% year on year); the operating margin was 7.5%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹161 | -23.0% | -5.4% |
| Operating profit | ₹12.0 | +9.1% | +34.7% |
| Net profit | ₹8.0 | +33.3% | +82.9% |
| EPS (₹) | 3.60 | +37.9% | +77.3% |
| Operating margin | 7.5% | — | — |
KATARIA delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 71.43% of the KATARIA shares traded on NSE were taken to delivery, against the stock's own 20-session average of 90.88%. That is lower than usual for this stock. Turnover was only ₹6 lakh, so a handful of trades can move this figure. Volume was 0.2 times its average, well below normal. It closed at a price band (circuit) on 1 session in about the last 20.
Delivery in the last 5 sessions: 91.7% · 85.7% · 75.0% · 100.0% · 71.4%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Kataria Industries Limited has approved the allotment of 47,44,200 equity shares at an issue price of ₹106 per share (including a premium of ₹96 per share), raising ₹50.29 crore via a preferential issue. This fundraise represents approximately 41.2% of its pre-issue net worth of ₹122 crore, marking a sizeable capital infusion. Following the allotment, total paid-up equity share capital increases from ₹21.53 crore (2,15,31,234 shares) to ₹26.28 crore (2,62,75,434 shares). The newly issued shares carry equal pari passu rights with existing shares.
- Approved allotment of 47,44,200 equity shares of face value ₹10 each
- Issue price set at ₹106.00 per share, including a premium of ₹96.00 per share
- Total capital raised stands at ₹50,28,85,200 (₹50.29 crore)
- Paid-up share capital expanded to ₹26,27,54,340 divided into 2,62,75,434 equity shares
Kataria Industries shareholders approved all 9 resolutions at its 22nd AGM held on September 29, 2026, with unanimous or near-unanimous voting. Key approvals include a special resolution to issue 60,00,000 equity shares of face value Rs 10 each on a preferential private placement basis to the public. Shareholders also approved a final dividend of Rs 0.50 per equity share for FY26 and an increase in authorized share capital. Additionally, the re-appointments of Chairman & MD Arun Kataria and CFO & WTD Anoop Kataria were approved.
- Shareholders approved the issuance of 60,00,000 equity shares (face value Rs 10 each) via preferential issue with 100% votes in favour (1,72,02,234 votes)
- Approved final dividend of Rs 0.50 per equity share of face value Rs 10 for FY26
- Sanctioned increase in Authorized Share Capital and consequent alteration of Memorandum Clause 5
- Re-appointed Arun Kataria as Chairman & MD and Anoop Kataria as CFO & Whole-time Director
- All 9 resolutions passed at the AGM held on September 29, 2026
Kataria Industries concluded its 22nd Annual General Meeting on September 29, 2026. Shareholders considered 9 resolutions, including a final dividend of ₹0.50 per share (face value ₹10) for FY26 and a preferential issue of 60,00,000 equity shares to the public. The meeting also addressed auditor remarks regarding missing audit trail logs in payroll software and an NSE penalty of ₹64,900 for a past vacancy in the Company Secretary role, which was resolved on May 5, 2026. Official scrutiny and e-voting results will be declared within 48 hours.
- Proposed preferential issue of 60,00,000 equity shares of face value ₹10 each to the public
- Declared final dividend of ₹0.50 per equity share for FY26
- Noted NSE penalty of ₹64,900 paid due to CS vacancy between Dec 11, 2025 and May 4, 2026
- Statutory auditor observation noted regarding lack of enabled audit trail in in-house payroll software
- Re-appointment of Arun Kataria as CMD and Anoop Kataria as CFO/WTD for 5 years effective Oct 1, 2026
Kataria Industries Limited has issued a clarification regarding its upcoming preferential issue of equity shares detailed in the Notice of the 22nd AGM dated September 5, 2026. The company stated that no existing promoters, directors, key managerial personnel, or senior management intend to subscribe to the proposed preferential offer. As of March 2026, promoter holding stands at 74.98%, near the regulatory cap of 75%. This preferential offer to non-promoter entities will consequently dilute the existing promoter holding once executed.
- Clarification issued on Item No. 8 of the Explanatory Statement for the 22nd AGM Notice dated September 5, 2026
- 0% participation: None of the existing promoters, directors, KMP, or senior management will subscribe to the preferential issue
- Promoter shareholding stood at 74.98% as of March 2026, indicating dilution upon issuance to outside investors
- All other terms and disclosures of the AGM notice remain unchanged
Kataria Industries Limited has issued the notice for its 22nd Annual General Meeting scheduled for September 29, 2026, via Video Conferencing. Key agenda items include the declaration of a final dividend of Re 0.50 per equity share (face value Rs 10) for FY26. Shareholders will also vote on the re-appointment of Mr. Arun Kataria as Chairman and Managing Director for a 5-year term starting October 1, 2026, and the re-appointment of Mr. Anoop Kataria as CFO and Whole-time Director. The cut-off date for remote e-voting eligibility is September 22, 2026.
- 22nd AGM scheduled for Tuesday, September 29, 2026 at 11:00 AM IST via VC/OAVM
- Proposed final dividend of Re 0.50 per equity share of Rs 10 face value for FY26
- Cut-off date for remote e-voting set as Tuesday, September 22, 2026
- Proposed 5-year re-appointment of Arun Kataria as Chairman & MD from October 1, 2026
- Cost audit remuneration ratification of INR 75,000 for FY 2026-27
Kataria Industries Limited announced the allotment of Director Identification Number (DIN: 11930478) to Ms. Amisha Gandhi on September 5, 2026. Following the DIN generation from the Ministry of Corporate Affairs, her appointment as an Additional Director in the capacity of Non-Executive Independent Director has formally commenced. Her appointment is effective September 5, 2026, for a tenure of 5 years.
- DIN 11930478 allotted to Ms. Amisha Gandhi on September 5, 2026
- Appointment effective for a period of 5 years starting September 5, 2026
- Appointed as Additional Director (Non-Executive Independent Director)
Kataria Industries Limited reported board comments regarding fines totaling ₹51,920 (₹11,800 and ₹40,120 including GST) levied by the NSE. The penalties were imposed for non-compliance with SEBI LODR Regulation 29(2)/29(3) regarding lack of prior intimation of a board meeting for dividend consideration, and Regulation 6(1) concerning delayed appointment of a Company Secretary. The company confirmed that Mrs. Muskan Bhandari was appointed as Company Secretary and Compliance Officer effective May 05, 2026, resolving the vacancy. Both fines were accepted and paid on June 16, 2026, and August 21, 2026, with no material impact on operations or financials.
- NSE imposed fines of ₹11,800 and ₹40,120 (inclusive of GST) for LODR non-compliances under Regulation 29(2)/29(3) and 6(1)
- Delay in Company Secretary appointment resolved with the appointment of Mrs. Muskan Bhandari effective May 05, 2026
- Fines were paid to NSE on June 16, 2026, and August 21, 2026
- Board reviewed and noted the actions at its meeting held on September 05, 2026
Kataria Industries' Board has approved a preferential issue of up to 60 lakh equity shares at ₹106 per share (face value ₹10 + ₹96 premium), raising ₹63.60 crore from six non-promoter investors. This fundraise represents ~52.1% of the company's net worth (₹122 crore) and will dilute promoter holding from 74.98% to 58.64%. Additionally, the Board recommended a dividend of ₹0.50 per share with a record date of September 22, 2026, and approved the re-appointment of key management for 5-year terms.
- Preferential allotment of up to 60,00,000 equity shares at ₹106 per share to raise ₹63.60 crore
- Fundraise represents ~52.1% of current net worth (₹122 crore), expanding equity base to 2.75 crore shares
- Promoter shareholding will reduce from 74.98% pre-issue to 58.64% post-issue
- Dividend of ₹0.50 per share declared for FY26 with Record Date fixed as September 22, 2026
- Authorised share capital increased from ₹22.00 crore to ₹30.00 crore
Kataria Industries' Board has approved a preferential issue of up to 60,00,000 equity shares at ₹106.00 per share (face value ₹10, premium ₹96) to raise ₹63.60 Cr from six non-promoter investors. This fundraise represents ~52.1% of the company's net worth (₹122 Cr) and will dilute promoter holding from 74.98% to 58.64%. The Board also re-appointed Arun Kataria as CMD and Anoop Kataria as CFO & Whole-time Director for 5-year terms, fixed September 22, 2026 as the record date for a ₹0.50 per share dividend, and expanded authorised share capital to ₹30.00 Cr.
- Preferential allotment of 60,00,000 shares at ₹106.00 per share to raise ₹63.60 Cr from 6 non-promoter allottees
- Promoter shareholding will dilute from 74.98% down to 58.64% post-allotment
- Authorised share capital increased from ₹22.00 Cr to ₹30.00 Cr
- Re-appointed CMD Arun Kataria and CFO Anoop Kataria for 5 years effective October 01, 2026
- Fixed September 22, 2026 as record date for ₹0.50 per share final dividend
Kataria Industries Limited has scheduled its Annual General Meeting for September 29, 2026, and fixed September 22, 2026, as the record date for determining shareholder eligibility for a final dividend. The Board has recommended a final dividend of ₹0.50 per equity share (face value ₹10 each) for the financial year ended March 31, 2026. Subject to shareholder approval at the AGM, the dividend will be disbursed on or before October 28, 2026.
- Final dividend recommended at ₹0.50 per equity share of face value ₹10
- Record date for dividend entitlement fixed as September 22, 2026
- Annual General Meeting scheduled for September 29, 2026
- Payment of dividend to be completed on or before October 28, 2026
Kataria Industries has approved a preferential issue of up to 60,00,000 equity shares at an issue price of ₹106 per share (face value ₹10, premium ₹96), raising ₹63.60 crore from 6 non-promoter investors. The fundraise will dilute promoter shareholding from 74.98% to 58.64% and expands post-issue equity base to 2,75,31,234 shares. Additionally, the board approved a dividend of ₹0.50 per share with a record date of September 22, 2026, and re-appointed key management for 5-year terms subject to shareholder approval at the AGM on September 29, 2026.
- Preferential allotment of up to 60 lakh equity shares at ₹106 per share to raise ₹63.60 crore
- Promoter shareholding to decrease from 74.98% to 58.64% post-allotment across 6 non-promoter entities
- Authorized share capital raised from ₹22.00 crore to ₹30.00 crore
- Fixed September 22, 2026, as record date for ₹0.50 per share dividend for FY25-26
- Re-appointment of Arun Kataria (CMD) and Anoop Kataria (CFO & WTD) for 5-year terms from Oct 1, 2026
Kataria Industries' board approved a preferential issue of up to 60,00,000 equity shares at ₹106 per share (face value ₹10 + premium ₹96) to raise ₹63.60 crore from six non-promoter investors. This issue will dilute promoter holding from 74.98% to 58.64%, while expanding the total equity base from 2.15 crore to 2.75 crore shares. Additionally, the company fixed September 22, 2026, as the record date for a ₹0.50 per share dividend and increased its authorized capital to ₹30 crore.
- Preferential issue of up to 60,00,000 equity shares at ₹106 per share to raise ₹63.60 Cr
- Post-allotment, promoter stake dilutes from 74.98% to 58.64%
- Authorized share capital increased from ₹22.00 Cr to ₹30.00 Cr
- Record date of September 22, 2026 fixed for ₹0.50/share dividend for FY26
- Re-appointment of CMD Arun Kataria and CFO/WTD Anoop Kataria for 5-year terms
Kataria Industries Limited has scheduled a meeting of its Board of Directors on September 05, 2026, to evaluate a proposal for raising capital via a preferential issuance of equity shares. The board will also consider an increase in authorized share capital, fixing the record date for the FY 2025-26 final dividend, and the re-appointments of Mr. Arun Kataria as Managing Director and Mr. Anoop Kataria as Whole-time Director. Consequently, the trading window is closed from September 01, 2026, until 48 hours after the conclusion of the meeting.
- Board meeting scheduled for September 05, 2026, to consider a preferential equity issue
- Proposal to increase authorized share capital and amend the Memorandum of Association
- Fixation of record date for FY 2025-26 final dividend on the agenda
- Re-appointment of Mr. Arun Kataria (MD) and Mr. Anoop Kataria (WTD) to be considered
- Trading window closed from September 01, 2026, until 48 hours post-board meeting
Kataria Industries Limited announced the voting results of its Extra-Ordinary General Meeting held on August 26, 2026. Shareholders unanimously passed a special resolution to amend the Memorandum of Association (MoA) by inserting Clause 49 to enable setting up facilities for captive power generation. A total of 1,72,39,434 votes were cast (representing an 80.07% turnout across 2,15,31,234 outstanding shares), with 100% voting in favour and zero against. This enabling resolution paves the way for the company to develop internal power generation assets to control operating power costs.
- Special resolution to amend MoA for captive power generation approved with 100.0000% votes in favour (17,239,434 votes)
- Total voting turnout stood at 80.0671% of the total 21,531,234 outstanding shares
- Promoter group cast 16,075,434 votes (99.57% of promoter holdings), with zero against votes
- Public non-institutional shareholders cast 1,164,000 votes in favour
- Total number of shareholders on record date (August 19, 2026) was 1,605
Kataria Industries Limited conducted its Extra Ordinary General Meeting (EOGM) on August 26, 2026, to approve an amendment to its Memorandum of Association (MoA). The amendment inserts Clause 49 under Clause 3(b) to enable the establishment, acquisition, operation, and management of captive power generation facilities. The update aligns the MoA with the company's existing operations, which include a 1.60 MW wind power plant in Dewas, MP, and a 1 MW solar power plant in Ratlam, MP used for captive power consumption. Final scrutinizer voting results are expected within 48 hours.
- EOGM held on August 26, 2026, to approve amendment to Clause 3(b) of the Memorandum of Association via a Special Resolution.
- Company operates a 1.60 MW wind power plant at Ratedi, Dewas, MP for captive consumption.
- Company operates a 1 MW solar power plant at Ratlam, MP for captive consumption at its manufacturing facility.
- Remote e-voting was open from August 23 to August 25, 2026, with scrutinizer voting results expected within 48 hours.
Financial Performance
Revenue Growth by Segment
For H1 FY26, the Wire segment generated INR 118.22 Cr, Cable & Conductor INR 46.39 Cr, and PTS INR 5.76 Cr. Total revenue for FY25 grew 3.38% YoY to INR 350.61 Cr from INR 339.13 Cr.
Geographic Revenue Split
Exports contributed 0.92% of total revenue from operations in FY25, amounting to approximately INR 3.22 Cr.
Profitability Margins
PAT margin for FY25 was 3.12% (INR 10.96 Cr). Operating profit margin declined from 8% in FY24 to 6% in FY25 due to higher operating costs and lower margin realization.
EBITDA Margin
EBITDA margin was 6.18% in FY25, down from 8.57% in FY24. Absolute EBITDA fell 25.38% YoY to INR 21.68 Cr from INR 29.06 Cr.
Capital Expenditure
The company utilized INR 1.75 Cr from IPO proceeds for capital expenditure on plant and machinery by September 30, 2025.
Credit Rating & Borrowing
Finance costs were reduced by 66.2% YoY to INR 2.99 Cr in FY25 from INR 8.85 Cr, following the repayment of INR 46.00 Cr in debt using IPO proceeds.
Operational Drivers
Raw Materials
The company primarily utilizes steel for the production of steel wires and strands; specific percentage of total cost is not disclosed.
Capacity Expansion
Current installed capacity is not disclosed; however, INR 1.75 Cr was invested in new plant and machinery via IPO proceeds to boost operational output.
Raw Material Costs
Total expenses before depreciation and finance costs were INR 330.32 Cr in FY25, representing 94.2% of revenue, up from 92.1% in FY24.
Manufacturing Efficiency
Inventory turnover ratio was 10.47 in FY25, indicating the frequency of inventory replacement.
Strategic Growth
Growth Strategy
Growth will be driven by penetrating existing business segments with technically advanced products, identifying new markets for cost-effective penetration, and focusing on increasing export revenue from the current 0.92% level.
Products & Services
Steel wires, strands, cables, conductors, and related accessories.
Brand Portfolio
TENASYO.
New Products/Services
Focus on technically advanced products within the existing wire and cable segments to gain a competitive edge.
Market Expansion
Strategic focus on increasing exports and expanding geographic presence, which adds complexity regarding location-specific safety laws.
External Factors
Industry Trends
The industry is shifting toward technically advanced steel products. Kataria aims to position itself as a foremost producer of steel wires and strands through technology investment.
Competitive Landscape
The company operates in a competitive market for steel wires and cables, focusing on cost-effective manufacturing to maintain an edge.
Competitive Moat
Moat is built on the 'TENASYO' brand, ISO 9001:2015 certification, and a significantly deleveraged balance sheet (Debt-Equity 0.16) following the IPO.
Macro Economic Sensitivity
Sensitivity to steel industry cycles and general infrastructure spending in India.
Geopolitical Risks
Geographic expansion into new regions introduces risks related to location-specific safety laws and regulatory requirements.
Regulatory & Governance
Industry Regulations
Operations are subject to health and safety regulations, workforce safety standards, and location-specific safety laws in the steel industry.
Taxation Policy Impact
Current tax for FY25 was INR 3.50 Cr, with a short provision for earlier years of INR 0.59 Cr.
Legal Contingencies
The company has maintained proper records of property title deeds and is compliant with director remuneration limits under Section 197 of the Companies Act.
Risk Analysis
Key Uncertainties
Key risks include workforce health and safety hazards inherent in the steel industry and potential non-compliance with evolving safety regulations.
Geographic Concentration Risk
The company is primarily domestic-focused, with only 0.92% of revenue derived from exports.
Third Party Dependencies
Dependency on banks (HDFC and ICICI) for working capital limits exceeding INR 5 Cr.
Technology Obsolescence Risk
The company invests in technology and process improvements to mitigate the risk of falling behind in manufacturing standards.
Credit & Counterparty Risk
Debtors turnover ratio improved to 11.35 in FY25 from 8.33 in FY24, indicating improved receivables management.
