KIRLPNU Q4 FY26 Guidance vs Delivery (KIRLPNU Management Mirror)

Revenue & Profitability

Management did not provide forward-looking guidance in the Mar'26 Qtr; previously, in the Dec'25 Qtr, FY26 sales growth guidance was downgraded to 12%-14% (targeting INR 1,800 to INR 1,850 crores) from the Sep'25 Qtr expectation of above 15%, while bottom-line growth expectations were similarly revised downward to 20%+ (PBT of INR 345 to INR 360 crores) compared to the 25%-30% profit growth targeted in the Sep'25 Qtr, though long-term targets of 20% top-line growth and 20% EBIT margins were maintained. [Status: Downgraded]