Kohinoor Foods Limited (KOHINOOR)
₹28.56 -1.99% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Kohinoor Foods' revenue was ₹29.6 Cr (+85.0% year on year, +5.7% on the previous quarter), and net profit ₹2.1 Cr (against a loss a year earlier); the operating margin was 1.8%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹29.6 | +85.0% | +5.7% |
| Operating profit | ₹0.5 | — | from loss |
| Net profit | ₹2.1 | from loss | -97.6% |
| EPS (₹) | 0.57 | from loss | -97.6% |
| Operating margin | 1.8% | — | — |
KOHINOOR delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 34.9% of the KOHINOOR shares traded on NSE were taken to delivery, against the stock's own 20-session average of 31.13%. That is close to its usual level. Turnover was only ₹30 lakh, so a handful of trades can move this figure.
Delivery in the last 5 sessions: 36.9% · 16.1% · 26.8% · 27.9% · 34.9%
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
Kohinoor Foods Limited reported the voting results of its 37th Annual General Meeting held on September 30, 2026. A total of 201 members attended the meeting, and all ordinary and special resolutions were passed with over 99.99% voting approval. Key approvals include the adoption of FY26 financial statements, the appointment of M/s Arora and Choudhary as statutory auditors, and the re-appointment of key managerial directors including Mr. Satnam Arora, Mr. Jugal Kishore Arora, and Mr. Gurnam Arora.
- All agenda items passed with 99.99% of polled votes in favour (13,856,280 votes)
- A total of 201 shareholders attended the AGM held via video conferencing
- Appointed M/s Arora and Choudhary as statutory auditors from 37th AGM through the 42nd AGM
- Re-appointed Whole-Time and Joint Managing Directors (Mr. Satnam Arora, Mr. Jugal Kishore Arora, Mr. Gurnam Arora)
Kohinoor Foods Limited has completed the payment under its revised One-Time Settlement (OTS) proposal sanctioned by consortium lenders on December 24, 2024, along with applicable delayed interest. The company confirmed receipt of No Dues Certificates (NDCs) from all individual lenders, with the final NDC received from Indian Bank on September 22, 2026. A consolidated No Objection/Dues Certificate from the consortium is currently awaited. This is a crucial de-leveraging milestone for the company, which reported debt of Rs 147 Cr and negative net worth of Rs -94 Cr.
- Full payment completed under the revised OTS proposal sanctioned on 24 December 2024
- Paid all dues including applicable delayed interest to consortium lenders
- Final lender No Dues Certificate received from Indian Bank on 22 September 2026
- Consolidated No Objection / Dues Certificate from the consortium is awaited
Kohinoor Foods Limited has announced the closure of its trading window effective October 1, 2026. The window will remain shut until 48 hours following the declaration of the unaudited financial results for the quarter ending September 30, 2026. The restriction applies to all directors, designated employees, insiders, and their immediate relatives pursuant to SEBI Insider Trading regulations.
- Trading window closes on October 01, 2026
- Window opens 48 hours after declaration of financial results for quarter ended September 30, 2026
- Applies to all Directors, Designated employees, Insiders, and immediate relatives
- Filing made in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015
Kohinoor Foods Limited has announced the schedule for its 37th Annual General Meeting (AGM) to be held on September 30, 2026. The company has fixed the book closure period from September 24 to September 30, 2026. Additionally, September 18, 2026, has been designated as the cut-off date for determining shareholder eligibility for remote e-voting. This filing is a standard regulatory requirement and does not reflect any change in the company's underlying financial position.
- 37th Annual General Meeting scheduled for September 30, 2026, at 11:30 AM IST
- Book closure period fixed from September 24, 2026, to September 30, 2026
- Cut-off date for remote e-voting eligibility is September 18, 2026
- Company currently operates with a negative net worth of Rs -94 Cr and debt of Rs 147 Cr
Kohinoor Foods has approved a massive fundraise of up to Rs 105 crore via a Rights Issue, which represents approximately 122% of its current market capitalization of Rs 86 crore. The company is also undergoing a statutory auditor change to M/s. Arora & Choudhary for a 5-year term. Operationally, the company claims to have completed its One Time Settlement (OTS) with lenders, yet it is actively contesting a Debt Recovery Tribunal (DRT) order demanding Rs 926.13 crore. Furthermore, the company and its directors have applied for a settlement with SEBI regarding a pending show-cause notice.
- Approved raising up to Rs 105.00 crore through a Rights Issue of equity shares.
- Contesting a DRT order for Rs 926.13 crore plus 11% interest, despite claiming OTS completion.
- Recommended appointment of M/s. Arora & Choudhary as Statutory Auditors for 5 years.
- Applied for a settlement with SEBI regarding a show-cause notice issued to the company and directors.
- 37th Annual General Meeting (AGM) scheduled for September 30, 2026.
Kohinoor Foods has approved a significant fundraise of up to ₹105 Crore via a Rights Issue, which represents approximately 122% of its current market capitalization of ₹86 Crore. The company is transitioning its statutory auditors to M/s. Arora & Choudhary for a five-year term starting from the upcoming AGM on September 30, 2026. While the company has paid its One-Time Settlement (OTS) amount in full, it continues to contest a DRT order demanding ₹926.13 Crore. Q1 FY27 results were approved, though the company remains under financial stress with a negative net worth of ₹94 Crore.
- Approved fundraise via Rights Issue for an aggregate amount up to ₹105.00 Crore.
- Contesting a DRT order for ₹926.13 Crore plus 11% interest; next hearing scheduled for August 17, 2026.
- One-Time Settlement (OTS) fully paid; NOCs obtained from 5 out of 6 consortium lenders.
- Recommended appointment of M/s. Arora & Choudhary as Statutory Auditors for a 5-year term.
- 37th Annual General Meeting (AGM) scheduled for September 30, 2026.
Kohinoor Foods has scheduled a board meeting for August 13, 2026, to approve its un-audited financial results for the quarter ended June 30, 2026. Crucially, the board will also evaluate various fund-raising options through the issuance of equity or other securities. This is significant given the company's current financial distress, characterized by a negative net worth of ₹94 Cr and a debt of ₹147 Cr. The meeting will also finalize details for the 37th Annual General Meeting (AGM).
- Board meeting scheduled for August 13, 2026, to consider Q1 FY27 results
- Proposal for fund-raising via equity or other securities to be evaluated
- Company currently has a negative net worth of ₹94 Cr as per latest context
- TTM Revenue of ₹147 Cr is exactly equal to the total debt of ₹147 Cr
- 37th Annual General Meeting (AGM) date and book closure to be finalized
Kohinoor Foods has submitted its quarterly compliance certificate for the Structured Digital Database (SDD) as required under SEBI's Prohibition of Insider Trading regulations. The company confirmed that it successfully captured all 4 required Un-published Price Sensitive Information (UPSI) events during the quarter ended June 2026. The database is maintained internally with a non-tamperable audit trail and is capable of retaining records for 8 years. This filing is a routine procedural requirement and does not impact the company's ongoing financial restructuring efforts.
- Successfully captured 4 out of 4 required UPSI events during the quarter ended June 2026
- Maintains a non-tamperable internal database with an audit trail for a period of 8 years
- Reported zero non-compliance issues for the previous quarter
- TTM revenue stands at ₹147 Cr against a negative net worth of ₹-94 Cr
Kohinoor Foods has disclosed a total financial indebtedness of ₹44.3 Cr as of June 30, 2026, all of which is currently in default. This 100% default rate on bank facilities highlights the company's severe liquidity crisis and ongoing status as a Non-Performing Asset (NPA). Despite a TTM PAT of ₹81 Cr, the company's net worth remains deeply negative at ₹-94 Cr, and operations continue to be hampered by financial constraints. The disclosure is a mandatory filing under SEBI's circular regarding defaults by listed entities.
- Total outstanding loan and revolving facility amount stands at ₹44.3 Cr as of June 30, 2026
- The entire outstanding amount of ₹44.3 Cr is classified as being in default
- Total financial indebtedness of the listed entity is reported at ₹44.3 Cr
- Default amount represents approximately 30% of the company's TTM revenue of ₹147 Cr
- Company continues to operate with a negative net worth of ₹-94 Cr
Kohinoor Foods has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The filing confirms that all physical share certificates received for dematerialization during the quarter ended June 30, 2026, were processed within the mandated 15-day timeline. This certificate was issued by the company's Registrar and Share Transfer Agent, Skyline Financial Services Private Limited. This is a routine administrative disclosure with no impact on the company's financial position or operations.
- Compliance confirmed for the quarter ended June 30, 2026
- Dematerialization requests processed and records updated within 15 days
- Certificate issued by Registrar and Share Transfer Agent, Skyline Financial Services Private Limited
- Confirmation that physical certificates were mutilated and cancelled as per SEBI norms
Kohinoor Foods Limited has responded to a clarification sought by the National Stock Exchange (NSE) regarding its financial results for the quarter ended June 30, 2025. The exchange questioned why the standalone and consolidated financial figures appeared identical and sought adherence to Schedule III of the Companies Act. The company clarified that its subsidiaries are currently non-operational and incur only nominal statutory expenses. As a result, there is no significant difference between the standalone and consolidated financial performance for the period.
- NSE sought clarification on September 11, 2025, regarding the format and figures of Q1 FY26 results.
- Company confirmed that all subsidiaries are currently non-operational.
- Standalone and consolidated figures are identical due to only nominal statutory expenses in subsidiary units.
- The clarification was issued to ensure compliance with Regulation 33 of SEBI LODR Regulations.
Kohinoor Foods Limited has announced the closure of its trading window effective July 1, 2026, in compliance with SEBI Prohibition of Insider Trading Regulations. This closure is ahead of the declaration of the unaudited financial results for the quarter ending June 30, 2026. The window will remain closed for all directors, designated employees, and insiders until 48 hours after the results are made public. This is a standard regulatory procedure followed by listed companies in India before every quarterly earnings release.
- Trading window closure begins on July 1, 2026
- Closure pertains to the unaudited financial results for the quarter ended June 30, 2026
- Restriction ends 48 hours after the official announcement of financial results
- Applies to all Directors, Designated employees, and their immediate relatives
Satnam Arora, representing the promoter group of Kohinoor Foods Limited, has filed the annual disclosure under Regulation 31(4) of SEBI (SAST) Regulations for the financial year ended March 31, 2026. The promoters collectively held 13,965,790 equity shares as of the year-end. The declaration confirms that no new direct or indirect encumbrances or pledges were created on these shares during the fiscal year, maintaining the status quo of previously disclosed encumbrances.
- Promoters held a total of 13,965,790 equity shares as of March 31, 2026.
- Compliance filing submitted under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- Confirmation that no additional encumbrances were made during the 2025-26 financial year.
- The disclosure was authorized by the promoters and Persons Acting in Concert (PAC).
- The filing serves as a routine annual transparency measure regarding promoter share pledging.
Kohinoor Foods reported a significant net profit of ₹375.54 crore for FY26, primarily driven by exceptional gains of ₹382.74 crore related to One-Time Settlements (OTS) and asset sales. The company successfully cleared its OTS dues with major lenders like PNB and IDBI, resulting in the dismissal of insolvency petitions. Annual revenue grew 40% to ₹117.81 crore, though the company continues to navigate multiple legal disputes and a SEBI show cause notice. No dividend was recommended for the financial year.
- Full-year FY26 net profit stood at ₹375.54 crore, heavily influenced by ₹382.74 crore in exceptional items.
- Revenue from operations increased to ₹117.81 crore in FY26 compared to ₹84.19 crore in FY25.
- Sold Murthal Rice Plant and additional land for a total consideration of ₹198 crore to settle liabilities.
- Successfully completed One-Time Settlement (OTS) with lead banks, leading to the disposal of NCLT insolvency cases.
- Negative finance cost of ₹5.25 crore in Q4 due to a prior period interest adjustment of ₹8.14 crore.
Kohinoor Foods reported a total income of ₹15,185.91 Lacs for FY26, a significant increase from ₹11,758 Lacs in the previous year. The company recorded a net profit of ₹8,061 Lacs, which was heavily supported by an exceptional gain of ₹9,274 Lacs arising from a One Time Settlement (OTS) with lenders. A major strategic move included the sale of its Murthal Rice Plant for ₹190 Crores to clear liabilities. Despite the return to profitability, the board did not recommend any dividend as the company remains in a recovery phase with ongoing legal contests.
- Total Revenue for FY26 increased to ₹151.86 Crores from ₹117.58 Crores in the previous fiscal year.
- Reported an exceptional gain of ₹92.74 Crores following the successful completion of One Time Settlements with banks.
- Sold the Murthal Rice Plant and additional land for a total consideration of ₹198 Crores to settle outstanding debt.
- NCLT insolvency petitions by PNB and IDBI Bank were disposed of as infructuous after full payment of OTS amounts.
- The company did not provide for interest of ₹3.18 Crores regarding a revoked corporate guarantee for its US subsidiary.
Financial Performance
Revenue Growth by Segment
Total turnover decreased by 4.52% YoY, falling from INR 95.73 Cr in FY24 to INR 91.41 Cr in FY25. The food business segment saw a marginal increase of 0.03% in sales value terms despite overall revenue decline.
Geographic Revenue Split
Not explicitly disclosed by percentage, but the company operates in USA, UAE, Canada, Australia, Middle East, Singapore, Japan, Mauritius, and Europe. USA operations via Kohinoor Foods USA Inc. reported zero business in FY25 due to lack of export sales.
Profitability Margins
Net Profit Margin for FY25 stood at 399.06% (INR 364.78 Cr profit on INR 91.41 Cr revenue), which is highly skewed due to exceptional income from One Time Settlements (OTS) with banks. In FY24, the company reported a net loss of INR 4.53 Cr.
EBITDA Margin
PBIDT margin improved significantly to 380.65% in FY25 (INR 347.95 Cr) from 16.06% in FY24 (INR 15.37 Cr), driven by the resolution of bank liabilities and exceptional gains.
Capital Expenditure
Not disclosed in available documents for the current period; however, historical infrastructure includes a rice mill with 50 MTPH capacity and a food processing unit for 75,000 meals per day.
Credit Rating & Borrowing
The company is under 'Issuer Not Cooperating' category as per PR dated July 13, 2021. Borrowing costs are currently unquantified in the P&L as the company has stopped providing for interest on NPA accounts, with unprovided interest totaling INR 805.95 Cr since classification.
Operational Drivers
Raw Materials
Basmati Paddy/Rice (represents over 60% of procurement risk focus), spices, edible oils, and dairy (paneer).
Import Sources
Primarily sourced from India, specifically the Basmati producing regions with adequate irrigation facilities to mitigate procurement risks.
Key Suppliers
Direct procurement from farmers built on long-term relationships to ensure constant supply.
Capacity Expansion
Current installed capacity includes a rice mill at Murthal (Haryana) with 50 Metric Tonne Per Hour (MTPH) and a food processing unit at Sonepat (Haryana) producing 75,000 ready meals per day.
Raw Material Costs
Not disclosed as a specific percentage of revenue for FY25, but the company notes high working capital requirements due to the necessity of aging Basmati rice for 9-12 months.
Manufacturing Efficiency
The company utilizes a 50 MTPH rice milling facility; specific utilization percentages for FY25 were not provided.
Strategic Growth
Expected Growth Rate
0.03%
Growth Strategy
Growth is targeted through the implementation of a Resolution Plan and One Time Settlement (OTS) with a consortium of banks to stabilize the balance sheet. The company is also seeking interest from prospective investors to infuse liquidity and restart dormant business lines like the US export market.
Products & Services
Basmati rice, ready-to-eat meals, frozen food, cooking pastes, chutneys, spices, paneer (Indian cottage cheese), healthy grains, and edible oils.
Brand Portfolio
Kohinoor
Market Expansion
The company aims to revive its presence in the USA and Canada markets once financial constraints are resolved and export operations resume.
Market Share & Ranking
Described as one of the dominant Indian players in the rice milling and food processing sector, though specific percentage market share is not provided.
Strategic Alliances
Joint Venture with Rich Rice Raisers LLC (25% shareholding) has closed its operations and is no longer consolidated.
External Factors
Industry Trends
The industry is shifting from unorganized loose rice to branded packaged products. Current trends show a move toward processed and packaged food, where the company saw a marginal 0.03% growth.
Competitive Landscape
Faces intense competition from the unorganized sector and other branded players in the Basmati and ready-to-eat segments.
Competitive Moat
The 'Kohinoor' brand name acts as a significant moat with global recognition. However, this is currently threatened by liquidity issues and the inability to service debt, leading to auditor concerns over 'Going Concern' status.
Macro Economic Sensitivity
Highly sensitive to global recession and subdued demand, which contributed to the 4.52% decline in turnover in FY25.
Consumer Behavior
Increasing demand for branded, healthy grains and ready-to-eat meals in international markets.
Geopolitical Risks
Political uncertainty in overseas markets is identified as a key risk affecting the stability of the export business.
Regulatory & Governance
Industry Regulations
Operations are subject to Regulation 33 of SEBI (LODR) and Section 133 of the Companies Act, 2013. Compliance with custom offices (Mundra) for documentation is also noted.
Environmental Compliance
The company claims to endorse the highest health, safety, security, and environmental standards, though specific ESG costs are not disclosed.
Taxation Policy Impact
Tax expense for FY25 was INR 5.77 Cr compared to a tax credit of INR 4.42 Cr in FY24.
Legal Contingencies
The company faces an inquiry from SEBI; a reply has been submitted. There is a contingent liability regarding a revoked corporate guarantee for the USA subsidiary totaling INR 13.63 Cr in unprovided interest.
Risk Analysis
Key Uncertainties
The primary uncertainty is the company's ability to continue as a 'Going Concern' given its liquidity problems and NPA status. Auditors have qualified their opinion due to non-provision of interest exceeding INR 805 Cr.
Geographic Concentration Risk
High dependence on the Indian domestic market currently, as major international operations (USA) are temporarily closed.
Third Party Dependencies
High dependency on a consortium of banks for the successful execution of the revised OTS/Resolution Plan.
Technology Obsolescence Risk
Not identified as a primary risk; focus is on traditional food processing and milling.
Credit & Counterparty Risk
The company itself is a credit risk to lenders, having been classified as an NPA with substantial overdue interest.