KDDL Limited — PPTs, 14-08-2025: Investor Presentation

Here's a summary of the attached investor presentation:

**Financial Highlights:**

KDDL's Q1FY26 standalone total income surged 35.1% YoY to Rs 114.8 Cr, with PAT up 21.9% YoY to Rs 11.9 Cr. Consolidated total income grew 28.8% YoY to Rs 476.9 Cr, and PAT increased 6.2% YoY to Rs 29.7 Cr, reflecting solid top-line expansion. Consolidated PAT after Minority Interest saw a significant 54% YoY increase to Rs 26.8 Cr. Margins were broadly stable.

**Strategic Initiatives & Growth Drivers:**

The company launched steel bracelet manufacturing in Bengaluru with a Rs 44 Cr capex for 75,000 units/year, targeting Swiss and European markets as India's first such factory. It also acquired Estima AG in Switzerland to bolster its presence in mid-priced European watch brands.

**Business Developments:**

KDDL maintains its position as a leading global supplier of watch dials and a unique Indian supplier of watch hands (one of 5 globally). The new steel bracelet operations diversify its manufacturing portfolio. Its Precision Engineering division serves a broad range of industries.

**Market Position & Competitive Advantage:**

The company leverages its specialized expertise, strong global relationships, and unique manufacturing capabilities, including being the sole Indian watch hand supplier and operating India's first advanced steel bracelet plant, solidifying its niche market leadership.

**Investor Implications:**

Strong manufacturing growth and strategic expansions signal positive growth potential. While consolidated top-line growth is robust, investors should monitor the underlying dynamics in the retail segment impacting overall PAT, balanced by significant growth in PAT after minority interest.