Kandal M Venture Ltd. is a holding company, which engages in the manufacture of leather goods through its subsidiary. The firm's products include handbags, shoulder bags, crossbody bags, tote bags, backpacks, satchels, and wallets. It operates through the following geographical segments: United States of America, Europe, Canada, Japan, and Others. The company was founded on January 16, 2024 and is headquartered in Takhmao, Cambodia.
Kandal M Venture Limited Announces Financial Results for Full Fiscal Year Ended March 31, 2026
Kandal reported fiscal 2026 revenue of $17.1 million, a slight decrease of 0.3% year-over-year, while gross profit margin contracted to 18.9% from 19.5%.
Net income increased 12.4% to $235,625, driven by lower interest expenses and reduced professional service fees related to the prior year's IPO, despite the margin pressure.
The company secured a growth capital facility in June 2026 to fund equipment procurement and technology upgrades for its manufacturing plants in Cambodia and the Philippines.