Kundan Edifice Limited — Important, 15-11-2024: Updates

Revenue from operations for Kundan Edifice Limited (KEL) reached ₹478.9 Mn for the first half of FY25, marking a 15.7% increase from ₹414 Mn recorded in H1 FY24. EBITDA rose significantly by 40.8% to ₹80.7 Mn, with a margin improvement to 16.8% from 13.8%. Profit After Tax (PAT) grew 8.9% to ₹36 Mn, though margins decreased to 7.5% from 8%.

KEL has established a new 100,000 sq. ft. manufacturing facility to boost production capabilities, responding to increasing market demands. The company is also strengthening its position in global markets through the formation of a dedicated team for international expansion. KEL anticipates revenue growth of at least 25%-30% over the next two years, supported by strategic expansion and product diversification, with EBITDA margins expected to stabilize between 12%-15%. Investors should monitor KEL’s performance as it capitalizes on operational efficiencies and customer demand.