KSR Footwear Limited (KSR)
₹36.37 +1.03% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, KSR Footwear's revenue was ₹52.2 Cr (+0.4% year on year, -13.3% on the previous quarter), and net profit ₹0.3 Cr (against a loss a year earlier); the operating margin was 5.9%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹52.2 | +0.4% | -13.3% |
| Operating profit | ₹3.1 | from loss | -13.0% |
| Net profit | ₹0.3 | from loss | -93.7% |
| EPS (₹) | 0.17 | from loss | -93.8% |
| Operating margin | 5.9% | — | — |
KSR exchange data
NSE end-of-day data for
It closed at a price band (circuit) on 9 sessions in about the last 20.
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📢 Recent Corporate Announcements
India Ratings & Research has upgraded KSR Footwear Limited's long-term bank loan rating to 'IND BB+' from 'IND BB-' with a Stable Outlook, while affirming its short-term rating at 'IND A4+'. The rating applies to bank facilities aggregating INR 360 million (INR 36 crore), including an upgraded INR 320 million facility and a newly assigned INR 40 million facility. The upgrade is driven by margin recovery, with EBITDAR margins improving to 6.25% in 1QFY27 following inventory liquidation in FY26. However, liquidity remains stretched with average fund-based working capital utilization at 96.38% over the 11 months ended June 2026.
- Long-term bank loan facilities rating upgraded to 'IND BB+/Stable' from 'IND BB-'; short-term affirmed at 'IND A4+'
- Total bank loan facilities rated aggregate to INR 360 million across fund-based, non-fund-based, and term loan limits
- EBITDAR margin improved from negative in 1HFY26 to 3.08% in 2HFY26 and 6.25% in 1QFY27
- Working capital cycle shortened to 119 days in FY26 from 188 days in FY25 due to inventory reduction to 149 days
- High fund-based bank limit utilization of 96.38% during the 11 months ended June 2026
KSR Footwear Limited announced the voting results for its 3rd Annual General Meeting held on August 24, 2026. A total of 11,306,734 votes were polled, accounting for 61.52% of the company's 18,378,382 outstanding shares. Shareholders unanimously approved the adoption of FY26 audited financial statements with 100.00% votes in favour. The re-appointment of retiring director Mr. Rittick Roy Burman was also passed with 99.99% approval.
- Total 11,306,734 votes polled, representing 61.52% of 18,378,382 total outstanding shares
- Adoption of FY26 Audited Financial Statements approved with 100.00% votes in favour (11,306,649 votes)
- Re-appointment of Director Mr. Rittick Roy Burman passed with 99.99% support (11,306,137 votes)
- Total number of registered shareholders on record date (August 17, 2026) stood at 30,012
KSR Footwear Limited has submitted the consolidated Scrutinizer's Report for its 3rd Annual General Meeting held on August 24, 2026. All two ordinary resolutions proposed were passed with overwhelming majorities (>99.99%). Resolution 1 (Adoption of FY26 Audited Financial Statements) was approved with 99.9992% votes in favor, while Resolution 2 (Re-appointment of Director Mr. Rittick Roy Burman) received 99.9947% approval.
- Resolution 1 (FY26 Audited Financial Statements) passed with 1,13,06,649 votes in favour (99.9992%) and 85 votes against (0.0008%)
- Resolution 2 (Re-appointment of Director Mr. Rittick Roy Burman) passed with 1,13,06,137 votes in favour (99.9947%) and 597 against (0.0053%)
- A total of 177 members voted on Resolution 1 and 172 members voted on Resolution 2 via remote e-voting and e-voting at the AGM
KSR Footwear Limited conducted its 3rd Annual General Meeting (AGM) on August 24, 2026, via video conferencing. A total of 106 members attended the meeting, with 17 speaker shareholders raising queries regarding financial performance and operations. All ordinary resolutions, including the adoption of FY26 audited financial statements and the re-appointment of director Mr. Rittick Roy Burman, were passed with the requisite majority.
- 3rd Annual General Meeting held successfully on August 24, 2026
- 106 members attended the meeting, and 17 registered speaker shareholders raised queries
- Adoption of Audited Financial Statements for FY26 approved without qualifications or adverse comments
- Re-appointment of retiring director Mr. Rittick Roy Burman approved by shareholders
- Remote e-voting was conducted from August 21, 2026 (09:00 AM IST) to August 23, 2026 (05:00 PM IST)
KSR Footwear Limited submitted a clarification and high-resolution, machine-readable copy of its unaudited financial results for the quarter ended June 30, 2026, in response to an NSE query dated August 13, 2026. The exchange had noted that the original submission dated August 05, 2026, was partially machine-readable. The filing is purely administrative and includes the unmodified Limited Review Report from statutory auditors Agarwal & Associates.
- Resubmission of Q1 FY27 (quarter ended June 30, 2026) financial results following an NSE query dated August 13, 2026
- Company originally filed results on August 05, 2026, and provided high-resolution machine-readable documents on August 18, 2026
- Statutory auditor Agarwal & Associates issued an unmodified Limited Review Report
- Paid-up equity share capital reported at Rs 183.78 (face value Rs 10 per share)
KSR Footwear Limited has formally authorized three Key Managerial Personnel (KMP) to determine the materiality of events or information for disclosure to stock exchanges. This action is a mandatory compliance requirement under Regulation 30(5) of the SEBI LODR Regulations, 2015. The authorized officers include the Managing Director, Chief Financial Officer, and Company Secretary. This administrative update establishes the internal governance framework for future price-sensitive disclosures.
- Authorization of 3 Key Managerial Personnel (KMP) to determine event materiality
- Compliance with Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Designated officers include the Managing Director, CFO, and Company Secretary
- Centralized contact number provided for all authorized KMPs: 0334 4009 0501
KSR Footwear reported a significant turnaround in its core operations for Q1 FY27, with operational revenue surging to ₹19.99 crore from just ₹0.55 crore in the preceding quarter. The company posted a net profit of ₹1.17 crore, recovering from a loss of ₹0.79 crore in Q4 FY26. A key highlight is the appointment of Mr. Vikram Jeet Sharma as CFO, who brings over 24 years of experience, including a 20-year tenure at industry peer Khadim India. The results indicate a shift from 'Other Income' dependency to active operational scaling.
- Revenue from operations grew to ₹1,999.46 lakhs in Q1 FY27 compared to ₹55.20 lakhs in Q4 FY26.
- Net profit for the quarter stood at ₹116.60 lakhs against a net loss of ₹78.87 lakhs in the previous quarter.
- Appointed Vikram Jeet Sharma as CFO effective August 05, 2026; he previously served at Khadim India Limited since 2006.
- Total expenses rose to ₹1,931.56 lakhs, primarily driven by ₹1,180.75 lakhs in purchases of stock-in-trade.
- Total Comprehensive Income for the quarter reached ₹125.84 lakhs after accounting for tax and other adjustments.
KSR Footwear reported a strong start to FY27 with revenue from operations reaching ₹19.99 crore for the quarter ended June 30, 2026, a significant sequential increase from ₹5.21 crore in Q4 FY26. Net profit for the quarter stood at ₹1.23 crore, up from ₹0.51 crore in the previous quarter. The company also strengthened its leadership by appointing Vikram Jeet Sharma, an industry veteran with 24 years of experience (formerly with Khadim India), as the Chief Financial Officer. The results show a sharp improvement in Basic EPS to ₹6.70 from ₹2.76 in the preceding quarter.
- Revenue from operations grew to ₹1,999.46 lakhs in Q1 FY27 from ₹520.61 lakhs in Q4 FY26
- Net Profit (PAT) for the quarter ended June 30, 2026, stood at ₹123.10 lakhs
- Basic EPS for the quarter increased to ₹6.70 compared to ₹2.76 in the previous quarter
- Total income for the period was reported at ₹2,054.66 lakhs
- Appointment of Vikram Jeet Sharma as CFO, bringing 24+ years of experience in Finance & Accounts
KSR Footwear Limited has announced its 3rd Annual General Meeting (AGM) is scheduled for August 24, 2026, at 11:30 a.m. IST via video conferencing. The company has dispatched the Annual Report for the financial year ended March 31, 2026, to all shareholders. For members without registered email addresses, physical letters containing the web-link to the report have been sent in compliance with SEBI regulations. This is a standard procedural filing ahead of the annual meeting.
- 3rd Annual General Meeting scheduled for August 24, 2026, at 11:30 a.m. IST
- Annual Report released for the financial year ended March 31, 2026
- Meeting to be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
- Physical letters dispatched to shareholders with unregistered email IDs providing the exact web-link path
- Registrar and Share Transfer Agent (RTA) identified as MUFG Intime India Private Limited
KSR Footwear Limited has scheduled its 3rd Annual General Meeting (AGM) for August 24, 2026, to be conducted via video conferencing. The meeting's primary agenda includes the adoption of audited financial statements for the fiscal year ended March 31, 2026, and the re-appointment of Mr. Rittick Roy Burman as a Director. Shareholders holding shares as of the cut-off date, August 17, 2026, will be eligible to participate in the e-voting process. This is a standard regulatory procedure for the company to finalize its annual accounts and governance matters.
- 3rd Annual General Meeting scheduled for August 24, 2026, at 11:30 a.m. IST
- Cut-off date for determining e-voting eligibility is Monday, August 17, 2026
- Agenda includes adoption of Audited Financial Statements for the year ended March 31, 2026
- Speaker registration for the meeting is open from August 10 to August 17, 2026
- Re-appointment of Mr. Rittick Roy Burman (DIN: 08537366) as a Director retiring by rotation
KSR Footwear Limited has scheduled its 3rd Annual General Meeting (AGM) for August 24, 2026, at 11:30 a.m. IST. The meeting will be conducted virtually via video conferencing in compliance with SEBI and MCA regulations. The company has established August 17, 2026, as the cut-off date to determine shareholder eligibility for voting on resolutions. The Annual Report for the financial year ended March 31, 2026, will be dispatched electronically to registered members.
- 3rd Annual General Meeting scheduled for August 24, 2026, at 11:30 a.m. IST
- Cut-off date for voting eligibility fixed as August 17, 2026
- Annual Report for FY 2025-26 to be distributed via electronic mode
- Meeting to be held through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
KSR Footwear Limited responded to NSE queries regarding its financial results for the quarter ended June 30, 2025, which were originally filed in November 2025. The company clarified that comparative year-on-year figures were not provided because the business was demerged from Khadim India Limited with an appointed date of April 1, 2025, meaning no prior-year operations existed for the new entity. Additionally, the company confirmed it operates in a single business segment (Footwear) and provided a high-resolution machine-readable copy of the results. Trading of the company's shares only commenced on November 27, 2025, following the NCLT-sanctioned scheme of arrangement.
- Demerger of the Distribution Business from Khadim India was sanctioned by NCLT on March 27, 2025
- The scheme became effective on May 1, 2025, with an appointed date of April 1, 2025
- Trading of shares on NSE and BSE commenced on November 27, 2025
- Non-current other financial assets stood at Rs 21.45 million as of June 30, 2025
- Segment reporting was declared not applicable as the company operates solely in the Footwear segment
KSR Footwear Limited has officially designated two Key Managerial Personnel (KMP) to determine the materiality of events and information for disclosure to stock exchanges. This action is in compliance with Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The authorized individuals include the Managing Director and the Company Secretary. This is a routine administrative filing that ensures the company has a defined protocol for public disclosures.
- 2 Key Managerial Personnel (KMP) authorized for materiality determination
- Compliance fulfilled under Regulation 30(5) of SEBI LODR Regulations
- Authorized persons include Mr. Rittick Roy Burman (MD) and Ms. Shikha Jindal (CS)
- Contact details for both authorized personnel have been provided to BSE and NSE
KSR Footwear Limited has announced a leadership transition effective July 01, 2026. Mr. Suvajit Choudhury has resigned from his role as Chief Financial Officer (CFO) to take up a new position within the company's Commercial Department as part of a strategic HR initiative. To bolster its senior management, the company has appointed Mr. Vikram Jeet Sharma, an industry veteran with over 24 years of experience, as Deputy General Manager - Strategic Planning & Commercial. Mr. Sharma joins from Khadim India Limited, where he served for approximately 20 years.
- Mr. Suvajit Choudhury resigned as CFO effective close of business hours on June 30, 2026.
- Mr. Vikram Jeet Sharma appointed as DGM - Strategic Planning & Commercial effective July 01, 2026.
- New appointee Mr. Sharma brings over 24 years of experience in Finance & Accounts.
- Mr. Sharma was previously associated with Khadim India Limited for 20 years (since January 2006).
- The CFO resignation is an internal transfer to the Commercial Department rather than an exit from the company.
KSR Footwear Limited has announced the resignation of Mr. Suvajit Choudhury from the position of Chief Financial Officer, effective June 30, 2026. This change is described as a strategic HR initiative, with Mr. Choudhury transferring to the company's Commercial Department rather than exiting the firm. Concurrently, the company has appointed Mr. Vikram Jeet Sharma as Deputy General Manager - Strategic Planning & Commercial, effective July 01, 2026. Mr. Sharma brings over 24 years of experience, including a long tenure at Khadim India Limited since 2006.
- CFO Suvajit Choudhury resigned effective close of business hours on June 30, 2026, to move to the Commercial Department.
- Mr. Vikram Jeet Sharma appointed as Deputy General Manager - Strategic Planning & Commercial effective July 01, 2026.
- Mr. Sharma possesses over 24 years of experience in Finance & Accounts, having served at Khadim India Limited for 20 years.
- The transition is part of a strategic HR initiative rather than a resignation from the company.
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