Trailer axle volumes (Q4)
10,500+
N/A
Trailer axle volumes exceeded 10,500 units in Q4, with strong demand for air and mechanical suspensions.
KROSS
Diversified
2026-05-??
Kross Ltd — Q4 FY26
Kross Ltd reported a strong Q4 FY26 with revenue of 225.4 crore (+22% YoY), EBITDA of 33.6 crore (+25% YoY), and PAT of 22.4 crore (+31% YoY).
Financial stats pending filing verification
2-Minute Summary
✦ AI-Generated from Full Transcript
Kross Ltd reported a strong Q4 FY26 with revenue of 225.4 crore (+22% YoY), EBITDA of 33.6 crore (+25% YoY), and PAT of 22.4 crore (+31% YoY). EBITDA margin expanded 41 bps YoY to 14.9%. Growth was driven by robust recovery in CV and tractor segments, new product launches (tipping jacks, extruded axle beams), and capacity expansions. Management guided for ~22% revenue growth in FY27, supported by healthy OEM order books and new customer additions. Key risks include commodity price inflation and LPG shortages, which may pressure margins in Q1 FY27 before pass-throughs are settled.
Key Numbers
Suspension volumes (Q4)
3,500+
N/A
Over 3,500 suspensions sold in Q4, reflecting strong demand in the trailer segment.
Tipping jacks sold (Q4)
75-80
N/A
Initial sales of 75-80 tipping jacks in Q4; targeting 300 units by end of Q1 FY27.
Tractor segment revenue share
9%
+6pp target in 2 years
Tractor segment currently 9% of revenue; targeting 15% over two years via new customers and products.
Management Guidance
Revenue growth of ~22% in FY27
Management expects FY27 revenue growth similar to Q4 FY26's 22% YoY, subject to sustained demand.
Management guidance revenueEBITDA margin of 14-15% in coming quarters
Management guided for EBITDA margin between 14% and 15% in the near term, despite commodity headwinds.
Management guidance marginsTipping jack sales ramp-up: 300 units by Q1 end, 500 units in Q2 and Q3
Targeting 300 tipping jack units by end of Q1 FY27, and 500 units per month in Q2 and Q3.
Management guidance growthSeamless tube facility commissioning by Q4 FY27
The seamless tube plant is expected to be commissioned by Q4 FY27, with revenue contribution from FY28.
Management guidance capexKey Risks
Commodity price inflation and LPG shortage
Rising steel and LPG costs may compress margins in Q1 FY27 before pass-throughs are settled with OEMs.
high · management_commentaryDelayed pass-through of cost increases to OEMs
Management noted that cost pass-throughs to OEMs are typically delayed by one quarter, creating temporary margin pressure.
medium · analyst_questionCompetitive pricing limits margin expansion in trailer axles
Management stated they cannot raise prices beyond competitors, limiting margin improvement despite cost pressures.
medium · analyst_questionPotential demand impact from rising fuel prices on CV segment
Rising fuel prices could increase operating costs for CV operators, potentially dampening demand.
low · analyst_questionNotable Quotes
We are struggling to meet the demand which is being given to us, struggling to ramp up to meet our peak capacity.
If we have our way we would love to increase it further but things have to be sold also.
We don't fear about the freight corridor because it's going to be run by the railways.
Frequently Asked Questions
What was Kross's revenue in Q4 FY26?
Kross reported revenue of ₹225 Cr in Q4 FY26, representing a +22% change compared to the same quarter last year.
What guidance did Kross management give for FY27?
Revenue growth of ~22% in FY27: Management expects FY27 revenue growth similar to Q4 FY26's 22% YoY, subject to sustained demand. EBITDA margin of 14-15% in coming quarters: Management guided for EBITDA margin between 14% and 15% in the near term, despite commodity headwinds. Tipping jack sales ramp-up: 300 units by Q1 end, 500 units in Q2 and Q3: Targeting 300 tipping jack units by end of Q1 FY27, and 500 units per month in Q2 and Q3. Seamless tube facility commissioning by Q4 FY27: The seamless tube plant is expected to be commissioned by Q4 FY27, with revenue contribution from FY28.
What are the key risks for Kross in FY27?
Key risks include Commodity price inflation and LPG shortage — Rising steel and LPG costs may compress margins in Q1 FY27 before pass-throughs are settled with OEMs.; Delayed pass-through of cost increases to OEMs — Management noted that cost pass-throughs to OEMs are typically delayed by one quarter, creating temporary margin pressure.; Competitive pricing limits margin expansion in trailer axles — Management stated they cannot raise prices beyond competitors, limiting margin improvement despite cost pressures.; Potential demand impact from rising fuel prices on CV segment — Rising fuel prices could increase operating costs for CV operators, potentially dampening demand..
Did Kross meet its previous quarter's guidance?
Scorecard data is being built as historical quarters are processed.
Where can I read the full Kross Q4 FY26 concall transcript?
The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary with filing verification status shown on the financial stats.