KD Green Industries Reports Strong Consolidated Performance

KD Green Industries (formerly Manbro Industries) reported a consolidated total revenue of 647.06 million and a consolidated net profit of 51.81 million for the financial year ended March 31, 2026.

Reader Takeaway: Consolidated reporting and capital infusion signal growth, but subsidiary performance is key.

What just happened

KD Green Industries announced its audited financial results for the year ended March 31, 2026. For the first time, the company presented consolidated financial results. It also approved the allotment of 43,500,000 equity shares upon warrant conversion, raising approximately 212 million. These funds are for business expansion and working capital.

Why this matters

The shift to consolidated reporting provides a clearer picture of the company's expanded operations following recent acquisitions. The capital infusion of 212 million indicates progress in funding its growth strategy, which investors will monitor for returns.

The backstory

The company, formerly known as Manbro Industries, has actively pursued inorganic growth. Acquisitions include stakes in Shivam Pipe Industries, KD Ecosystem, Green AAC Block and Mortar Private Limited, and KD Infrastructures Private Limited. These entities are now consolidated.

What changes now

With the consolidated financials, investors gain a broader view of the company's financial health and operational scale. The equity allotment has increased the company's paid-up share capital.

Risks to watch

Investors should watch the performance of the newly acquired subsidiaries and their contribution to the overall profitability. The success of the inorganic growth strategy hinges on the integration and performance of these entities.

Peer comparison

Specific peer comparison data is not available in the filing. However, the company operates within the Iron and Steel Products segment.

Context metrics (time-bound)

• Consolidated Total Revenue (FY26): 647.06 Million
• Consolidated Net Profit (FY26): 51.81 Million
• Standalone Total Revenue (FY26): 17.20 Million
• Standalone Net Profit (FY26): 5.76 Million
• Equity Shares Allotted (Corporate Action): 43,500,000 shares
• Funds Raised via Warrant Conversion: 212.06 Million

What to track next

Investors should closely monitor the operational performance and profitability of the acquired subsidiaries and their impact on KD Green Industries' consolidated results in future reporting periods.