Kewal Kiran Clothing Ltd (KKCL), a leading lifestyle brand with over four decades of legacy in India’s fashion apparel segment, reported a strong operational performance for FY26, driven by healthy demand momentum across brands and continued execution of its long-term growth strategy.
The company posted a consolidated revenue from operations of ₹1,212.8 crore for FY26, registering a robust growth of 20.9% compared with ₹1,002.8 crore in FY25.
For the March quarter of FY26, revenue from operations rose 12.4% year-on-year to ₹323.8 crore from ₹288.1 crore in the corresponding quarter last fiscal.
EBITDA growth outpaces revenue expansion
KKCL delivered strong operating leverage during the year, with EBITDA for FY26 rising 24.8% to ₹237.9 crore compared with ₹190.6 crore in FY25. EBITDA margin for the year stood at a healthy 19.6%.
In Q4 FY26, EBITDA climbed 18.4% to ₹61.7 crore from ₹52.1 crore a year ago, while quarterly EBITDA margin improved to 19.1%.
The performance indicates that the company’s focus on operational discipline and scale efficiencies continued to support profitability even amid a competitive retail environment.
PAT rises despite higher base
Consolidated Profit After Tax (PAT) for FY26 stood at ₹152.3 crore, up 2.1% from ₹149.2 crore in FY25. The company noted that FY25 included one-time gains related to sale of shares through IPO-OFS and fair value gains on shares of Baazar Style Retail Limited, which had elevated the previous year’s earnings base.
Adjusted for these exceptional gains, the company said underlying PAT growth remained significantly stronger on a year-on-year basis.
For Q4 FY26, PAT increased 14.2% to ₹34.5 crore from ₹30.2 crore in the same period last year. PAT margin for the quarter stood at 10.7%.
Vision 2028 strategy gains traction
Joint Managing Director Hemant Jain said the company’s sustained double-digit growth validates the strategic roadmap outlined under its Vision 2028 plan.
According to him, strong growth in both volume and value across brands, coupled with disciplined execution, enabled the company to scale operations while preserving profitability.
He added that operational discipline played a key role in delivering a strong EBITDA margin profile during FY26.
Kraus Casuals emerges as growth driver
KKCL also highlighted the strong performance of Kraus Casuals, which delivered high double-digit sales growth during the year along with EBITDA margins exceeding 21%.
The company said the acquisition has strengthened its presence in the women’s casualwear segment and is already proving financially accretive as well as strategically aligned with its broader growth ambitions.
The management believes the successful integration of Kraus Casuals reinforces KKCL’s expansion strategy as it continues to diversify its portfolio and deepen market presence across fashion categories.