Kabra Extrusiontechnik shares reached a 52-week high of ₹575 today, climbing 181% from their June 2026 low. The rally follows a 133% revenue boost in the company's Geon lithium-ion battery division. However, investors should note the company still reported a net loss for the quarter and faces a slowdown in its traditional extrusion machinery business.
Kabra Extrusiontechnik (KET) shares reached a 52-week high of ₹575 on Friday, marking a significant recovery of 181% from the ₹204.40 low recorded on June 2, 2026. This sharp movement highlights strong market interest in the company’s pivot toward electric vehicle (EV) components, even as its core machinery business faces headwinds.
The primary driver behind the recent stock performance is the company's Geon division, formerly known as Battrixx. This division, which focuses on lithium-ion battery packs, is scaling up rapidly. In the first quarter of the 2027 fiscal year, the division recorded revenue of ₹70.1 crore, a 133.1% increase compared to the same period last year. As the EV sector grows in India, investors are closely watching whether this division can sustain its current growth pace and contribute more substantially to the overall company profits.
Financials for the first quarter of FY27 show mixed results. The company reported a 44.8% year-on-year revenue growth, reaching ₹124.49 crore. Operating profit (EBITDA) turned positive at ₹6 crore, a reversal from the operating loss of ₹3 crore reported in the same quarter last year. Despite these operational improvements, the company remains in a net loss position of ₹1.73 crore, though this is an improvement from the ₹7.61 crore loss reported a year ago.
While the battery division is expanding, the company's core extrusion machinery business is facing challenges. The management has noted a temporary slowdown in demand for this segment, particularly for machinery used in pipe applications. This slowdown is linked to broader industrial and infrastructure cycles. Furthermore, the company faces margin pressure due to high raw material costs and rising employee expenses, which are common challenges in the capital goods and battery manufacturing sectors.
The company is also exploring opportunities in Battery Energy Storage Systems (BESS) to diversify its energy portfolio. For investors, the next key monitorable will be whether the Geon division's growth can continue to offset the slowdown in the extrusion machinery segment. The path to consistent net profitability, rather than just revenue growth and operational profit, remains a critical factor to track in the coming quarters.