The company said that it aims to undertake calibrated and phased price increases of 5 to 6 per cent planned over the next couple of quarters
On account of shortage of certain raw materials and a challenging external environment, Kamdhenu Paints, owned by Kamdhenu Colour and Coatings, a wholly owned subsidiary of Kamdhenu Ventures has reported revenue from operations of Rs 245 crore in FY26, reflecting a decline of 8 per cent year-on-year.
The company’s net profit dipped 97 per cent on a year-on-year (YoY) basis to reach 0.2 crore on a consolidated basis from 6.7 crore in the financial year 2026. During Q4FY26, the net loss was at Rs 2.7 crore, as compared to a net profit of Rs 1.9 crore in the corresponding quarter of FY25.
“Q4 FY26 was marked by a challenging external environment driven by elevated crude oil prices, geopolitical disruptions and USD appreciation. The industry witnessed sharp inflation across key raw materials, including solvents, binders, monomers and other key derivatives, alongside higher fuel and labour costs. The shortage of certain raw materials further impacted production and profitability,” stated Saurabh Agarwal, Managing Director, Kamdhenu Ventures.
Earnings before interest, taxes, depreciation and amortisation (Ebitda) stood at Rs 9.5 crore, with Ebitda margins at 3.9 per cent, representing a contraction of around 240 basis points compared to last year, the company said in its earnings release.
The company said that it aims to undertake calibrated and phased price increases of 5 to 6 per cent planned over the next couple of quarters, while continuing to focus on product premiumisation and value-added offerings.
During the quarter, the company raised Rs 5.04 crore through preferential allotment of 2.96 crore convertible warrants to Kamdhenu. Kamdhenu converted 1.46 crore warrants into equity shares, bringing in an additional Rs 7.47 crore. The shares were allotted on 30 March 2026. As of year-end, 1.50 crore warrants remained outstanding for conversion within the prescribed 18-month period, against which the company has already received Rs 2.55 crore.
The enhanced liquidity is also expected to improve the company’s ability to negotiate procurement volumes, optimise inventory planning, and reduce operational disruptions arising from raw material availability constraints, it added.
