Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14 | 17 | 15 | 30 | 35 |
| Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 6 | 10 | 13 | 13 |
| Operating Profit | 0 | 0 | 0 | -0 | -0 | -0 | -0 | 6 | 10 | 5 | 17 | 22 |
| OPM % | 72% | 64% | 30% | 42% | 61% | 31% | 56% | 64% | ||||
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 3 |
| Profit before tax | 0 | 0 | 0 | -0 | -0 | -0 | -0 | 6 | 10 | 4 | 16 | 19 |
| Tax % | 26% | 25% | 25% | -25% | -27% | -31% | -2,000% | 15% | 16% | 28% | 33% | 21% |
| Net Profit | 0 | 0 | 0 | -0 | -0 | -0 | 0 | 5 | 8 | 3 | 11 | 15 |
| EPS in Rs | 0.00 | 0.00 | 0.00 | -0.00 | -0.00 | -0.00 | 0.00 | 0.06 | 0.09 | 0.03 | 0.12 | 0.16 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1 | 1 | 1 | 0 | 0 | 1 | 2 | 3 | 1 | 0 | 75 | 97 |
| Expenses | 1 | 1 | 1 | 0 | 1 | 0 | 2 | 1 | 1 | 1 | 38 | 43 |
| Operating Profit | 0 | -0 | 0 | 0 | -0 | 1 | 0 | 3 | 1 | -1 | 37 | 54 |
| OPM % | 22% | -26% | 31% | 5% | -96% | 71% | 1.3% | 74% | 51% | 50% | 56% | |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2 | 0 | 0 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 6 |
| Profit before tax | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 1 | -0 | 36 | 49 |
| Tax % | 19% | 9% | 21% | 129% | 6% | 25% | 54% | 25% | -67% | 25% | ||
| Net Profit | 0 | 0 | 1 | -0 | -0 | 1 | 0 | 0 | 0 | -0 | 27 | 37 |
| EPS in Rs | 0.00 | 0.00 | 0.01 | -0.00 | -0.00 | 0.01 | 0.00 | 0.00 | 0.00 | -0.00 | 0.30 | 0.40 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 45% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 53% | 132% | 180% | 611% | ||
| Compounded Profit Growth | 70% | 110% | 197% | 617% | ||
| Stock Price CAGR | 70% | 96% | 232% | -19% | ||
| Return on Equity | 18% | 21% | 22% | 25% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 122 |
| Reserves | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 3 | 91 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 1 | 1 | 10 |
| Other Liabilities | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 3 | 1 | 1 | 0 | 16 |
| Total Liabilities | 4 | 4 | 5 | 6 | 5 | 5 | 6 | 10 | 10 | 8 | 7 | 238 |
| Fixed Assets | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 0 | 44 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 6 | 5 | 4 | 0 | 49 |
| Other Assets | 3 | 4 | 3 | 3 | 3 | 3 | 1 | 3 | 3 | 2 | 7 | 145 |
| Total Assets | 4 | 4 | 5 | 6 | 5 | 5 | 6 | 10 | 10 | 8 | 7 | 238 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -0 | -1 | -1 | -1 | -0 | -0 | 1 | -5 | 2 | 4 | -1 | -87 |
| Cash from Investing Activity | 2 | 1 | 1 | 0 | 1 | 0 | 1 | 3 | -4 | -2 | 1 | -94 |
| Cash from Financing Activity | -0 | -0 | -0 | 0 | -0 | 0 | 0 | 2 | 2 | -3 | -0 | 188 |
| Net Cash Flow | 1 | 0 | -0 | 0 | 0 | -0 | 1 | -0 | -1 | 0 | -0 | 7 |
| Free Cash Flow | -0 | -1 | -2 | -1 | -0 | 0 | 1 | -6 | 1 | 4 | 0 | -134 |
| CFO/OP | -67% | -383% | 550% | -216% | -1,300% | 119% | 99% | -25,100% | 78% | 697% | 105% | -209% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 20 | 21 | 7 | 7 | 0 | 0 | 0 | 0 | 274 | 0 | 197 | |
| Inventory Days | 76 | |||||||||||
| Days Payable | 74 | |||||||||||
| Cash Conversion Cycle | 20 | 21 | 7 | 7 | 0 | 0 | 0 | 0 | 274 | 0 | 199 | |
| Working Capital Days | 78 | 108 | 179 | 239 | 681 | 865 | -49 | -434 | 1 | 494 | 594 | |
| ROCE % | 2% | 4% | 5% | 13% | 0% | -5% | 14% | 4% | 31% | 10% | -5% | 31% |
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Jul 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 70.17% | 70.17% | 70.17% | 70.17% | 70.17% | 70.17% | 70.37% | 20.48% | 18.42% | 13.96% | 13.76% | 13.56% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.20% | 0.71% | 1.46% | 1.46% |
| Public | 29.83% | 29.83% | 29.84% | 29.84% | 29.83% | 29.84% | 29.62% | 79.53% | 81.39% | 85.33% | 84.78% | 84.97% |
| No. of Shareholders | 2,845 | 2,825 | 2,856 | 2,891 | 2,897 | 2,970 | 2,884 | 4,548 | 10,524 | 11,022 | 11,981 | 16,822 |
Fundamentals
Market Cap₹ 369 Cr.
Current Price₹ 4.04
Stock P/E9.97
Book Value₹ 2.33
ROCE31.5 %
ROE24.5 %
Dividend Yield3.30 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)611%
Compounded Profit Growth (TTM)617%
Standalone figures.
Valuation
Market capRs 388 Cr
Enterprise valueRs 391 Cr
P/E (TTM)10.46x
Price to book1.82x
Price to sales4.01x
EV / EBITDA7.12x
EV / EBIT7.92x
EV / sales4.04x
Earnings yield9.56%
Dividend yield3.15%
P/E, 3-year average2.85x
P/B, 3-year average0.26x
P/E, 5-year average1.55x
P/B, 5-year average0.16x
Profitability
Operating margin (excl. other income)49.66%
Operating margin (incl. other income)51.55%
EBITDA margin56.74%
Pre-tax margin50.99%
Net profit margin38.34%
Net margin, latest quarter43.02%
ROE24.90%
ROCE31.75%
ROA22.22%
ROE, 3-year average9.69%
ROCE, 3-year average12.16%
ROA, 3-year average8.24%
ROE, 5-year average7.03%
ROCE, 5-year average9.63%
ROA, 5-year average5.73%
ROIC (approx.)17.11%
Tax rate25.10%
Other income / net worth0.67%
Growth
Sales CAGR, 3 years179.81%
Sales CAGR, 5 years132.05%
Profit CAGR, 3 years433.29%
Profit CAGR, 5 years110.53%
Sales growth QoQ15.18%
Profit growth QoQ39.33%
Sales growth YoY (latest quarter)156.69%
Profit growth YoY (latest quarter)186.10%
Per share
EPS (TTM)Rs 0.41
EPS (latest year)Rs 2.24
EPS (latest quarter)Rs 0.16
EPS, 3-year averageRs 1.04
EPS, 5-year averageRs 0.86
Book value per shareRs 2.33
Sales per shareRs 1.06
Cash flow per shareRs -0.95
Free cash flow per shareRs -1.47
Dividend per share (latest year)Rs 1.00
Dividend per share, 3-year averageRs 1.00
Dividend per share, 5-year averageRs 1.00
Dividends
Dividend payout44.65%
Dividend payout, 3-year average44.65%
Dividend payout, 5-year average44.65%
Efficiency
Asset turnover0.32x
Fixed asset turnover1.71x
Inventory turnover4.84x
Inventory days75 days
Debtor days197 days
Debtors turnover1.85x
Creditor days74 days
Cash conversion cycle199 days
Working capital days594 days
Leverage
Total debtRs 10 Cr
Cash and bankRs 7 Cr
Net debtRs 3 Cr
Debt to equity0.05x
Net debt / EBITDA0.06x
Interest coverage1233.25x
Owners' fund to total sources89.30%
Debt to assets4.10%
Cash flow
Cash from Operating Activity (latest year)Rs -87 Cr
Cash from Investing Activity (latest year)Rs -94 Cr
Cash from Financing Activity (latest year)Rs 188 Cr
Net Cash Flow (latest year)Rs 7 Cr
Free cash flow (latest year)Rs -134 Cr
FCFE (approx.: FCF + change in debt)Rs -125 Cr
Cash from ops / profit, 5 years-3.22x
Statement figures
Net sales (TTM)Rs 97 Cr
Net sales (latest year)Rs 75 Cr
Sales (latest quarter)Rs 35 Cr
Operating profit excl. other income (latest year)Rs 37 Cr
Operating profit (latest quarter)Rs 22 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 55 Cr
PBDT (TTM)Rs 55 Cr
Profit before tax (TTM)Rs 49 Cr
Tax (latest year)Rs 9 Cr
Net profit (TTM)Rs 37 Cr
Net profit (latest year)Rs 27 Cr
Net profit (latest quarter)Rs 15 Cr
Depreciation (TTM)Rs 6 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 30 Cr
Total expenditure (latest year)Rs 38 Cr
Total income (latest year)Rs 77 Cr
Share capitalRs 122 Cr
ReservesRs 91 Cr
Shareholders' fundsRs 213 Cr
Total assetsRs 238 Cr
Net blockRs 44 Cr
InvestmentsRs 49 Cr
ReceivablesRs 41 Cr
InventoryRs 6 Cr
Other liabilitiesRs 16 Cr
Shares outstanding (crore)91.42
Ownership
Promoter holding13.56% (-6.92 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 10.5 is at the 16th percentile of its own 6.8-year range
(median 33.1, low 5.1, high 302.4).
P/B 1.82 is at the 42th percentile (median 2.01).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 526935 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -0.7% | -2.8% | +2.1 pts |
| 1 month | +6.3% | -6.8% | +13.1 pts |
| 3 months | -95.0% | -7.6% | -87.3 pts |
| 3 years | +3754.5% | +14.2% | +3740.4 pts |
| 5 years | +2928.6% | +27.9% | +2900.7 pts |
Red flags
F-score 4 of 6| explain | Weak cash conversion Cash from operations was -303% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 48% of total assets in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹35 Cr +150.0% vs Jun 2025.
Net profit ₹15 Cr +200.0%.
Activity
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Kalind Ltd?
Kalind Ltd (526935) has a market capitalisation of Rs 369 Cr. at the 2026-10-01 close.
What is the P/E ratio of Kalind Ltd?
Kalind Ltd trades at a P/E of 9.97 on trailing twelve-month profit, at the 2026-10-01 close.
What were Kalind Ltd's latest quarterly results?
In the Jun 2026 quarter, Kalind Ltd sales was Rs 35 Cr (+150.0% vs Jun 2025) and net profit was Rs 15 Cr.