Annual Report for the Financial Year 2025-26

Date: September 03, 2026 Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001 Symbol: KASTURI Code: 544688 Subject: Annual Report for the Financial Year 2025-26 Dear Sir/Madam, Pursuant to the provisions of Regulations 30 and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the 21st Annual General Meeting of the Company will be held on Tuesday, September 29, 2026 at 12:00 P.M. IST through Video Conferencing/ Other Audio Visual Means (“VC/ OAVM”). Please find enclosed copy of the Annual Report for the Financial Year 2025-26, which is being sent through electronic mode to the Members, who have registered their e-mail addresses with the Company/ Registrar and Transfer Agent/ Depositories. The Annual Report is also made available on the website of the Company at www.steelfiberindia.in. Kindly take the above disclosure on your record. Thanking you, For Kasturi Metal Composite Limited Samit Singhai Chairman & Managing Director DIN: 00907782 Place: Amravati Reg Office Address: A30/3/1 MIDC, H. V. Nagar, Amravati - 444605 MH, INDIA Telephone No 0721-2520293 / 94 / 95 Email: info@steelfiberindia.in Website : www.steelfiberindia.in ANNUAL REPORT 2025-26 ANNUAL REPORT 2025-2026 KASTURI METAL COMPOSITE LIMITED (Formerly Known As Kasturi Metal Composite Pvt. Ltd.) CIN: L65465MH2005PLC157553 ENGINEERING STRENGTH. ENABLING INFRASTRUCTURE. From steel manufacturing to high- performance materials leadership BSE SME | SCRIP CODE 544688 KASTURI METAL COMPOSITE LIMITED | ANNUAL REPORT 2025-26 FORWARD LOOKING STATEMENT This Annual Report contains certain forward-looking statements based on current expectations, Disclaimer assumptions, estimates and projections about the Company and the industry. These forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from those expressed in such statements. Important factors that could cause actual results to differ materially include: changes in domestic and international market conditions, changes in Government regulations, tax laws and other statutes, interest rate and foreign exchange fluctuations, competitive environment in the markets where the Company operates, availability of finance at competitive rates, our ability to successfully implement our strategy, growth and expansion plans, technological changes, macroeconomic developments domestically and globally, and other incidental factors. The Company undertakes no obligation to update any forward-looking statements that may be made from time to time. KASTURI METAL COMPOSITE LIMITED | ANNUAL REPORT 2025-26 Kasturi Metal Composite Limited | Annual Report 2025-26 Contents CONTENTS Corporate Overview Auditor's Report (Consolidated) Corporate Information Consolidated Balance Sheet Company at a Glance Consolidated Profit & Loss Account Letter from the Managing Director Consolidated Cash Flow Statement Board of Directors Notes to Consolidated Financial Statements Management Discussion and Analysis Auditor's Report (Standalone) Business Overview & Operations Standalone Balance Sheet Director's Report Standalone Profit & Loss Account Annexure to Director's Report Standalone Cash Flow Statement Secretarial Audit Report Notes to Standalone Financial Statements KASTURI METAL COMPOSITE LIMITED | ANNUAL REPORT 2025-26 OVERVIEW From Steel to Performance Materials India's infrastructure growth is entering a new phase - driven by speed, durability and efficiency. At the core of this transition lies a fundamental shift in construction materials. 01 02 03 04 STEEL WIRE ENGINEERED FIBRE STRONGER CONCRETE LONGER ASSET LIFE Precision input Geometry + strength Crack control Lifecycle value STRATEGIC EXPANSION OUR PRIORITIES IPO proceeds are being deployed 1Improve capacity utilisation towards new manufacturing capacity, modernisation of existing operations 2Enhance value-added product mix and stronger export capabilities. Plant IV is central to the next stage of Strengthen technical capabilities operational scale. Expand domestic and export presence KMCL is positioned at the intersection of this shift. Our ambition extends beyond production volumes. We are building a resilient organisation defined by innovation, reliability, governance and customer-focused performance solutions. KASTURI METAL COMPOSITE LIMITED | ANNUAL REPORT 2025-26 INDUSTRY OVERVIEW Why steel fibres change concrete performance Thousands of distributed fibres bridge micro-cracks and help concrete carry residual tensile loads after cracking. DISTRIBUTED REINFORCEMENT FIBRE BRIDGING ACROSS A CRACK CRACK CONTROL TOUGHNESS DURABILITY Restrains crack opening Absorbs post-crack energy Supports longer service life The adoption logic is simple: better constructability + better performance + better lifecycle economics KASTURI METAL COMPOSITE LIMITED | ANNUAL REPORT 2025-26 OUR POSITIONING From commodity supplier to engineered solutions provider KMC L competes through performance, application knowledge, quality consistency and customer-specific engineering. COMMODITY SUPPLY ENGINEERED SOLUTIONS Price-led Performance-led Standard specification Application-specific Transaction Partnership THE KMCL ECOSYSTEM MANUFACTURING DESIGN EXECUTION Precision fibre production+ Application engineering + Durafloor integration Value beyond the fibre. Stronger structures. Faster execution. Better project economics. KASTURI METAL COMPOSITE LIMITED | ANNUAL REPORT 2025-26 Corporate Information Company Name Kasturi Metal Composite Limited Formerly Known As Kasturi Metal Composite Private Limited CIN L65465MH2005PLC157553 Date of Incorporation November 24, 2005 Date of Conversion to March 19, 2024 Public Ltd Listed On BSE SME Platform (BSE Limited) Date of Listing February 3, 2026 Scrip Code 544688 ISIN INE0T1301023 Registered Office A-30/3/1, MIDC, Amravati, Maharashtra - 444605 Website www.steelfiberindia.in Email info@steelfiberindia.in Phone + 91-721-2520293 / 2520295 Manufacturing, Export, Import & Supply of Steel Fibers, Nature of Business Synthetic Fibers, Steelwool Fibers and Steelwools Financial Year April 1, 2025 to March 31, 2026 KASTURI METAL COMPOSITE LIMITED | ANNUAL REPORT 2025-26 Board of Directors NAME DESIGNATION DIN Mr. Samit Surendra Singhai Chairman & Managing Director 00907782 Mr. Akash Surendra Singhai Whole Time Director 01364889 Mr. Mayur Ashok Zamvar Non-Executive Director 00854887 Ms. Shubhada Mukesh Zanwar Non-Executive Director 10586466 Mr. Mohit Manoharlal Ganeshani Independent Director 10504998 Mr. Ashish Madanmohan Mundhada Independent Director 07143300 Key Managerial Personnel NAME DESIGNATION MEMBERSHIP NO. Mr. Samit Surendra Singhai Chairman & Managing Director DIN: 00907782 Mr. Akash Surendra Singhai Whole Time Director DIN: 01364889 Mr. Pravin R. Kesharwani Chief Financial Officer - Ms. Madhu Awasthi Company Secretary M.No.: A28386 Advisors & Intermediaries STATUTORY AUDITORS BANKERS NDAA & Associates LLP, ICICI Bank Ltd, Chartered Accountants FRN: 129486W/W100775 Amravati REGISTRAR & SHARE TRANSFER AGENT STOCK EXCHANGE Bigshare Services Private Limited BSE Limited - SME Platform Office No. S6-2, 6th Floor, Pinnacle Business Phiroze Jeejeebhoy Towers, Dalal Park, Next to Ahura Centre, Mahakali Caves Street, Mumbai - 400 001 Road, Andheri (East), Mumbai - 400 093 Tel: 022-62638200 · ipo@bigshareonline.com Committees of the Board Audit Committee Nomination & Remuneration Stakeholders Relationship Mohit M. Ganeshani (Chairman) Mohit M. Ganeshani (Chairman) Mohit M. Ganeshani (Chairman) Ashish M. Mundhada (Member) Ashish M. Mundhada (Member) Akash S. Singhai (Member) Samit S. Singhai (Member) Mayur A. Zamvar (Member) Samit S. Singhai (Membe8r) KASTURI METAL COMPOSITE LIMITED | ANNUAL REPORT 2025-26 COMPANY AT A GLANCE A specialist in engineered reinforcement materials 2005 BSE SME ESTABLISHED LISTED Kasturi Metal Composite Limited (“KMCL” [Showing first 8,000 characters — download PDF for full document]