BSEOthers2 Sept 2026 · 2 Sept 2026, 03:14 pm
Pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time, we are hereby submitting the 31st Annual Report ....
Kranti Industries Ltd · 542459
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Kranti Industries Ltd submitted its 31st Annual Report for FY2025-26, as per Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report is available on the company's website.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10
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Kranti Industries Ltd - 542459 - Reg. 34 (1) Annual Report.
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Date: September 02, 2026
The Manager,
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort,
Mumbai 400 001
Scrip Code: 542459
Scrip Symbol: KRANTI
Subject: Submission of 31st Annual Report of the Company for the Financial Year
2025-26.
Respected Sir/Madam,
We wish to inform you that pursuant to Regulation 34(1) of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing
Regulations”) as amended from time to time, we are hereby submitting the 31st
Annual Report of the Company for the Financial Year 2025-26.
The Annual Report is uploaded on the website of the Company and can be
accessed at: www.krantigrp.com.
This is for your information and records.
Thanking You.
For and on behalf of
KRANTI INDUSTRIES LIMITED
SAMPADA SHEKHAR BARSAWADE
Company Secretary & Compliance Officer
BUILDING
THE NEXT CHAPTER
KRANTI INDUSTRIES LIMITED
31ST ANNUAL REPORT 2026
BUILDING
Founder THE NEXT CHAPTER.
Inside the Report
Corporate Overview
Financial Section
1-51
127-245
About The Report 2
Building The Next Chapter. 5 Standalone Financials
About Us 6 Independent Auditor’s Report 127
From the Promoters Desk 8 Balance Sheet 128
Board of Directors 14 Statement of Profit and Loss 138
Leadership Team 15 Cash Flow Statement 139
Redefining Our Identity 16 Statement of changes in equity 140
A New Chapter of Growth 17 Notes to the Financial Statements 142
Our Capitals 18
Our Value Creation Model 19
Consolidated Financials
A Timeline of Transformation 20
Independent Auditor’s Report 186
Our Marquee Clientele 22
Balance Sheet 192
Risk Management Framework 23
Statement of Profit and Loss 193
Financial Capital 24
Cash Flow Statement 194
Manufactured Capital 28
Statement of changes in equity 196
Intellectual Capital 32
Notes to the Financial Statements 198
Human Capital 36
Social & Relationship Capital 40
Natural Capital 44 Notice
Governance that Inspires Trust 48
246-264
Our Strategic Priorities 49
Corporate Information 50
Late Shri Subhash Kundanmal Vora Statutory Reports
52-126
(1955-2011)
Work hard with Honesty & Commitment Management Discussion and Analysis 52
Board Report 71
Growth will follow….. Annexure to the Board Report 88
Corporate Overview Statutory Sections Financial Sections
About the Report
Our Integrated Annual Report for FY2025-26 presents a comprehensive overview of our financial and non-financial Reporting Principles Forward-Looking Statements
performance, governance practices, key challenges, risk management initiatives, emerging opportunities and long-term
This Report presents key performance indicators and Certain statements in this Report regarding Kranti
strategic direction. It demonstrates how our purpose, strategy and business model work in harmony to create sustainable
material disclosures in alignment with the Integrated Industries’ business operations may constitute forward-
value for all stakeholders while reinforcing our commitment to responsible growth and long-term resilience.
Reporting Framework. It also incorporates the applicable looking statements. While these statements reflect the
requirements of the Companies Act, 2013 and the Company’s future expectations, it is important to remain
rules framed thereunder, Indian Accounting Standards mindful that a number of risks, uncertainties and other
Led by Our Capitals
(Ind AS), the Securities and Exchange Board of India important factors could cause actual results to differ
(Listing Obligations and Disclosure Requirements) materially.
Regulations, 2015 and the Secretarial Standards issued
Assurance
by the Institute of Company Secretaries of India (ICSI).
Through this integrated approach, the Report offers This Annual Report presents a comprehensive overview
Vision Mission Manufactured Financial stakeholders a comprehensive and balanced perspective of the Company’s financial and non-financial performance
Capital Capital on the Company’s strategy, governance, operational and activities during the year under review. The financial
performance and value creation journey. Readers are statements have been independently audited to provide
encouraged to consider the various sections collectively stakeholders with assurance regarding the accuracy,
to gain a holistic understanding of the Company’s transparency and integrity of the Company’s financial
Delivering value to
performance and long-term outlook. reporting. The Statutory Audit was conducted by M/s.
GMCS & Co, Chartered Accountants, the Secretarial
Boundary and Scope of Reporting
Human Intellectual Audit was undertaken by M/s. H. J. Patel & Co, Company
Capital Capital This Integrated Report encompasses the operations of Secretaries and the Internal Audit was diligently carried
Kranti Industries Limited, including its manufacturing out by Mr. Dilip Deshpande. Each of these auditors has
facilities, products and engineering solutions, operational provided an objective and independent evaluation
activities and corporate office. The Report presents within their respective scope, reinforcing the Company’s
material information relevant to the Company’s business commitment to the highest standards of corporate
Customers Employees
model, strategy, governance, performance and value governance, financial discipline and regulatory
Social & Natural creation process. Unless otherwise stated, the disclosures compliance.
Relationship Capital contained in this Report pertain to the reporting period
Leadership accountability
Capital from April 1, 2025, to March 31, 2026. The scope of
reporting has been defined to provide stakeholders The content of this Report has been reviewed by the
with a comprehensive understanding of the Company’s senior management of the Company, under the guidance
Key UN SDGs addressed
operational, financial and non-financial performance of the Chairman & Managing Director and the Executive
during the year. Director. The Board members have offered essential
Shareholders Suppliers
governance oversight throughout the process
& Investors Target Audience
Reporting Period
This Integrated Report is intended for a broad spectrum of
stakeholders, including shareholders, investors, analysts, This Report is for April 1, 2025, to March 31, 2026.
financial institutions, customers, employees, business
partners, regulators and the wider community. These
stakeholders seek meaningful insights into the Company’s
financial and non-financial performance, strategic
direction, governance framework, risk management
Government Community
practices, growth prospects and future outlook. Prepared
Authorities
with a focus on transparency, accountability and informed
decision-making, the Report presents relevant, reliable
and balanced information in a clear and accessible
Basis of Reporting for all its stakeholders. At Kranti Industries Limited, we manner. To provide a holistic perspective on value
This Integrated Annual Report for FY2025–26 has remain steadfast in our commitment to the highest creation, the Company has identified and evaluated its
been prepared in accordance with the principles and standards of corporate governance, recognising it as material matters and aligned them with the capitals of
guidance of the International Integrated Reporting the cornerstone of sustainable growth and long-term the Integrated Reporting framework, demonstrating their
<IIRC>Framework. The report presents a comprehensive value creation. Our reporting approach is guided by influence on long-term sustainable value creation.
overview of Kranti Industries Limited’s business model, the principles of transparency, accountability, integrity,
strategy, governance, operational performance and future accuracy, responsibility and regulatory compliance,
outlook, demonstrating how the Company Council’s and ensuring balanced, reliable and meaningful disclosures
preserves value over the short, medium and long term that enable stakeholders to make informed decisions.
2 Annual Report 2025-26 Kranti Industries Limited 3
Corporate Overview Statutory Sections Finan
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