Kingfa Science & Technology (India) reported a 21.2% jump in annual profit for FY26 to Rs 185.26 crore on a 14.4% revenue increase. The company announced a Rs 20 per share dividend and confirmed it is now debt-free. Key operational updates include the launch of its Bhiwadi manufacturing facility and a new management team under CMD Wang Dazhong.
Kingfa Science & Technology Reports 21% Profit Growth
Profit After Tax rose to Rs 185.26 crore in FY26 from Rs 152.86 crore in FY25.
Revenue from operations reached Rs 1,995.55 crore, representing a 14.4% year-on-year increase.
Reader Takeaway: Strong profit growth and debt-free status are offset by the need to integrate a new management team.
What just happened
Kingfa Science & Technology (India) concluded FY26 with robust financial results. The company saw its Profit Before Tax rise to Rs 249.91 crore, a 21.3% growth over the previous year. Along with these earnings, the board recommended a final dividend of Rs 20 per equity share. The company also declared itself debt-free after repaying all remaining unsecured loans.
Why this matters
The company’s ability to grow profitability by over 20% while scaling operations highlights strong demand for its materials. The commencement of the Bhiwadi plant in Rajasthan adds a critical 40,000 MTPA capacity, positioning the company to capture regional demand. Furthermore, the launch of Long Glass Fiber Reinforced Thermoplastics (LGFT) aligns the company with the evolving needs of the EV and automotive industries.
Leadership and Governance
As of August 15, 2026, the company underwent a major leadership transition. Mr. Wang Dazhong has taken over as Chairman & Managing Director. The management team also saw the addition of Mr. Sethuraman Shanmugasundaram as Whole-time Director and COO, and Mr. Xie Dongming as the new CFO.
What to track next
Investors should watch the ramp-up speed of the new Bhiwadi facility as it approaches its 60,000 MTPA target. The performance of the new LGFT product line and the transition phase of the newly appointed leadership team will be key factors influencing shareholder value in the coming quarters.