Q1FY27 · Consolidated

KAVDEFENCE reports Rs 1.21 cr Q1FY27 net loss on Rs 1.44 cr revenue

Expenses were more than twice revenue, while Rs 0.37 cr of other income could not offset the operating loss.

By Ashutosh

Filed 14 Aug 2026, 18:06 IST · after market close · KAVDEFENCE (KAVDEFENCE)

Key takeaways

  • Consolidated revenue of Rs 1.44 cr did not cover Rs 2.93 cr of expenses, leaving an operating loss of Rs 1.49 cr.
  • Other income of Rs 0.37 cr was insufficient to offset the operating loss, resulting in a pre-tax and net loss of Rs 1.21 cr.
  • The results were filed after market close, with no reported stock reaction yet; operating margin stood at -103.09%.

Low revenue left the quarter deeply loss-making

The consolidated revenue base of Rs 1.44 cr was not enough to absorb Rs 2.93 cr of expenses, producing an operating loss of Rs 1.49 cr. The resulting operating margin was -103.09%, showing that costs exceeded revenue by a wide margin.

Other income did not change the loss outcome

Other income of Rs 0.37 cr reduced the gap below the operating line but was not enough to prevent a pre-tax loss of Rs 1.21 cr. Interest of Rs 0.01 cr and depreciation of Rs 0.09 cr were also recorded, while the 0.0% tax rate provided no tax benefit; net loss therefore remained Rs 1.21 cr.

No comparison or market reaction is available yet

The filing contains no year-on-year or sequential comparison, and there is no multi-quarter trend to establish whether margins are improving or deteriorating. The company filed the consolidated results after market close on 14 Aug 2026, so the stock reaction is not yet part of the quarter's read-through.

Q1FY27 at a glance

Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.

Line itemQ1FY27
Revenue₹1 cr
Other income₹0 cr
Expenses₹3 cr
Operating profit₹-1 cr
Operating margin (%)-103.09%
Interest₹0 cr
Depreciation₹0 cr
Profit before tax₹-1 cr
Tax₹0 cr
Net profit₹-1 cr
EPS (₹)₹-0.20

What to watch

  • Whether revenue moves above the Rs 1.44 cr reported in Q1FY27.
  • Whether expenses fall below the Rs 2.93 cr reported in Q1FY27.
  • Whether operating margin improves from -103.09%.