Khemani Distributors Reports FY26 Loss of ₹12.96 Crore

Khemani Distributors & Marketing Ltd reported a net loss of ₹12.96 crore for the financial year ended March 31, 2026. This marks a significant shift from a profit of ₹13.70 crore recorded in the previous fiscal year, FY 2025.

Reader Takeaway: Profit turns to loss due to securities segment, FMCG remains stable.

What just happened

The company announced its audited financial results for the fiscal year 2026, revealing a net loss of ₹12.96 crore. This compares unfavorably to a net profit of ₹13.70 crore in the prior year.

Total income for FY 2026 stood at ₹79.36 crore, a decrease from ₹92.12 crore in FY 2025. The Earnings Per Share (EPS) for FY 2026 was a negative ₹5.64, compared to a positive ₹5.96 in FY 2025.

The statutory auditors, M/s. B Chordia & Co., issued an unmodified opinion on the financial results. Additionally, the company's Board appointed M/s. Ravindra Dhakar & Associates as the internal auditor for FY 2026-27.

Why this matters

This development is crucial for investors as it indicates a significant downturn in the company's financial performance. The transition from profit to loss, coupled with a decline in total income, signals potential challenges. Investors will be keen to understand the drivers behind this shift and the company's strategies to reverse the trend.

The backstory

In FY 2025, Khemani Distributors had reported a profit of ₹13.70 crore on a total income of ₹92.12 crore, with a positive EPS of ₹5.96. The current year's results show a stark contrast.

What changes now

Shareholders should expect increased scrutiny on the company's operational efficiency and strategic decisions. The focus will likely shift to how management plans to address the losses, particularly within the Securities segment, and leverage the profitability of the FMCG division.

Risks to watch

The primary risk highlighted is the significant loss-making performance of the Securities segment, which appears to be the main drag on overall profitability. The company needs to demonstrate a clear plan to manage this segment or mitigate its impact.

Peer comparison

Information on direct peers' recent performance is not available in the filing. Generally, companies with diversified segments like FMCG and financial services face varying market conditions that can impact segment-specific profitability.

Context metrics (time-bound)

• FY 2026 Total Income: ₹79.36 crore
• FY 2026 Net Profit/(Loss): ₹-12.96 crore
• FY 2025 Net Profit/(Loss): ₹13.70 crore
• FY 2026 Basic/Diluted EPS: ₹-5.64
• FY 2025 Basic/Diluted EPS: ₹5.96

What to track next

Investors should closely monitor future quarterly results, management commentary on turnaround strategies for the Securities segment, and any updates on the performance of the FMCG business.