Kamdhenu Paints witnesses 206% growth in net profit in FY22

11 Nov 2021 CW Team

Kamdhenu Limited told the media that it reported an increase of 206% in its consolidated net profit during the September quarter.

The company's profit after tax (PAT) stood at Rs 7.64 crore in the second quarter (Q2) of FY22, compared to Rs 2.50 crore in the previous fiscal year.

Its net consolidated total income stood at Rs 216.41 crore, with 58% growth from Rs 137.26 crore in the last quarter.

Chairman and Managing Director of Kamdhenu, Satish Kumar Agarwal, said that Q2 FY22 was a positive quarter with total revenue of Rs 215.5 crore. Its earnings before interest, taxes, depreciation and amortisation (EBITDA) is Rs 14 crore, and PAT is Rs 7.7 crore. The paint business has revenue growth of 58% year-on-year (YoY) in Q2 FY22. It witnessed a robust demand for steel products with increased construction activities.

The revenue generated from the steel business was Rs 152.65 crore, while the paint business stood at Rs 62.87 crore. During Q2 FY22, the paint business contributed 29% of the revenue, and the steel business contributed 71% of the revenue.

The National Company Law Tribunal (NCLT), Chandigarh, has approved the first movement towards the scheme of the arrangement, including the demerger of the paint business into a separate business.

After the approval, secured and unsecured creditors of the company in their meetings on 21 September under NCLT, Chandigarh, the company registered its second motion petition for its approval on 5 October.

Image Source

Also read: Kamdhenu Limited notes 71% surge in net profit for Q4 FY21
Also read: Kamdhenu Group to invest Rs 200 cr to expand paint business

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..