MarketFriction

Keto Motors Ltd

BSE 537392 · Diversified Retail
₹249.00 -4.52%
BSE close2026-10-01
Market cap₹1,919 Cr.
P/E7,379

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales0.000.000.000.000.000.000.000.000.000.042.136.34
Expenses0.030.010.000.000.000.000.000.000.130.151.325.66
Operating Profit-0.03-0.010.000.000.000.000.000.00-0.13-0.110.810.68
OPM %-275.00%38.03%10.73%
Other Income0.000.000.000.000.000.000.000.000.000.000.030.00
Interest0.000.000.000.000.000.000.000.000.000.000.020.00
Depreciation0.000.000.000.000.000.000.000.000.000.000.750.25
Profit before tax-0.03-0.010.000.000.000.000.000.00-0.13-0.110.070.43
Tax %0.00%0.00%0.00%0.00%14.29%0.00%
Net Profit-0.03-0.01-0.01-0.01-0.01-0.01-0.01-0.01-0.13-0.110.060.44
EPS in Rs-0.04-0.01-0.01-0.01-0.01-0.01-0.01-0.01-4.53-0.080.010.06
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales258.49118.3055.057.081.040.000.000.000.000.002.138.51
Expenses248.34111.0853.609.511.160.340.160.070.060.011.627.26
Operating Profit10.157.221.45-2.43-0.12-0.34-0.16-0.07-0.06-0.010.511.25
OPM %3.93%6.10%2.63%-34.32%-11.54%23.94%14.69%
Other Income-0.20-1.370.000.00-0.650.030.000.000.000.000.080.03
Interest9.196.821.200.100.010.000.000.000.000.000.020.02
Depreciation0.200.140.140.130.110.100.100.020.000.000.751.00
Profit before tax0.56-1.110.11-2.66-0.89-0.41-0.26-0.09-0.06-0.01-0.180.26
Tax %51.79%8.11%-54.55%-0.38%-1.12%-4.88%-23.08%44.44%16.67%400.00%0.00%
Net Profit0.27-1.200.18-2.65-0.88-0.39-0.20-0.13-0.07-0.05-0.180.26
EPS in Rs0.37-1.650.25-3.65-1.21-0.54-0.28-0.18-0.10-0.07-0.03-4.54
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-38%%%%
Compounded Profit Growth%9%-15%750%
Stock Price CAGR47%44%171%%
Return on Equity-3%-1%-1%-1%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital7.267.267.267.267.267.267.267.267.267.267.2670.43
Reserves4.825.093.894.071.420.530.14-0.06-0.13-0.20-0.25-11.62
Borrowings1.801.961.270.420.000.000.000.000.062.323.2337.97
Other Liabilities19.1229.5531.2229.802.101.510.610.600.560.560.5810.46
Total Liabilities33.0043.8643.6441.5510.789.308.017.807.759.9410.82107.24
Fixed Assets3.142.382.242.101.970.250.04-0.060.000.000.0021.20
CWIP0.000.000.000.000.000.000.000.000.000.000.0030.26
Investments2.872.870.870.870.870.870.870.870.870.870.870.05
Other Assets26.9938.6140.5338.587.948.187.106.996.889.079.9555.73
Total Assets33.0043.8643.6441.5510.789.308.017.807.759.9410.82107.24
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity17.995.44-2.401.43-0.32-1.67-0.11-0.110.000.000.00-36.05
Cash from Investing Activity-0.980.572.000.000.001.620.130.000.000.000.000.00
Cash from Financing Activity-16.45-9.03-0.70-0.84-0.420.000.000.000.000.000.9135.43
Net Cash Flow0.56-3.02-1.090.59-0.74-0.050.02-0.110.000.000.91-0.62
Free Cash Flow17.406.01-2.401.43-0.32-1.67-0.11-0.110.000.000.00-36.05
CFO/OP97%58%-33%99%13%1,392%32%69%0%0%0%-7,069%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days13.5745.62103.98204.68284.582,432.16880.80
Inventory Days6.804.6210.6524.5442.300.0028,000.71
Days Payable17.4341.6699.59200.9259.6223,229.64
Cash Conversion Cycle2.958.5915.0328.30267.252,432.165,651.87
Working Capital Days1.958.2022.8946.35263.952,112.797,527.91
ROCE %137.97%71.44%53.05%10.84%-25.06%-2.79%-5.79%-3.56%-1.25%-0.72%-0.10%-0.30%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters21.01%21.01%21.01%21.01%21.01%21.01%21.01%21.01%0.00%63.25%92.50%92.33%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.86%0.86%
Public78.99%79.00%79.00%79.01%78.99%78.99%78.99%78.99%100.00%36.75%6.65%6.81%
No. of Shareholders1,6744,6864,9064,8764,6984,6984,6984,6983,4183,1743,2123,336

Fundamentals

Market Cap₹ 1,919 Cr.
Current Price₹ 272
Stock P/E7,379
Book Value₹ 8.35
ROCE-0.30 %
ROE-0.55 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)%
Compounded Profit Growth (TTM)750%
Standalone figures.
Valuation
Market capRs 1,754 Cr
Enterprise valueRs 1,791 Cr
P/E (TTM)6745.46x
Price to book29.82x
Price to sales823.39x
EV / EBITDA1739.18x
EV / EBIT6397.71x
EV / sales841.01x
Earnings yield0.01%
P/B, 3-year average0.54x
P/B, 5-year average1.07x
Profitability
Operating margin (excl. other income)23.94%
Operating margin (incl. other income)27.70%
EBITDA margin48.36%
Pre-tax margin12.21%
Net profit margin12.21%
Net margin, latest quarter6.94%
ROE-0.55%
ROCE-0.30%
ROA-0.30%
ROE, 3-year average-0.75%
ROCE, 3-year average-0.38%
ROA, 3-year average-0.53%
ROE, 5-year average-1.36%
ROCE, 5-year average-1.19%
ROA, 5-year average-1.16%
ROIC (approx.)0.29%
Other income / net worth0.14%
Growth
Sales growth QoQ197.65%
Profit growth QoQ633.33%
Per share
EPS (TTM)Rs 0.04
EPS (latest year)Rs -0.03
EPS (latest quarter)Rs 0.06
EPS, 3-year averageRs -0.06
EPS, 5-year averageRs -0.13
Book value per shareRs 8.35
Sales per shareRs 0.30
Cash flow per shareRs -5.12
Free cash flow per shareRs -5.12
Efficiency
Asset turnover0.02x
Fixed asset turnover0.10x
Inventory turnover0.02x
Inventory days20632 days
Debtor days881 days
Debtors turnover0.41x
Creditor days23230 days
Cash conversion cycle5652 days
Working capital days7528 days
Leverage
Total debtRs 38 Cr
Cash and bankRs 0 Cr
Net debtRs 38 Cr
Debt to equity0.65x
Net debt / EBITDA36.45x
Interest coverage14.00x
Owners' fund to total sources54.84%
Debt to assets35.41%
Cash flow
Cash from Operating Activity (latest year)Rs -36 Cr
Cash from Financing Activity (latest year)Rs 35 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -36 Cr
FCFE (approx.: FCF + change in debt)Rs -1 Cr
Statement figures
Net sales (TTM)Rs 2 Cr
Net sales (latest year)Rs 2 Cr
Sales (latest quarter)Rs 6 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs -0 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 2 Cr
Total income (latest year)Rs 2 Cr
Share capitalRs 70 Cr
ReservesRs -12 Cr
Shareholders' fundsRs 59 Cr
Total assetsRs 107 Cr
Net blockRs 21 Cr
Capital work in progressRs 30 Cr
InvestmentsRs 0 Cr
ReceivablesRs 5 Cr
InventoryRs 11 Cr
Other liabilitiesRs 10 Cr
Shares outstanding (crore)7.04
Ownership
Promoter holding92.33% (+71.32 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 29.82 is at the 90th percentile (median 7.47).
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.
Period537392Nifty 50Difference
1 week-15.6%-2.8% -12.8 pts
1 month-25.2%-6.8% -18.4 pts
3 years+1716.2%+14.2% +1702.0 pts
5 years+434.3%+27.9% +406.4 pts

Red flags

F-score 1 of 6
explainHigh accruals Profit exceeded operating cash by 33% of total assets in 2026
explainShare dilution Share count up 864% in a year, 864% in three
explainDebt up, profit down Borrowings up 1076% while net profit fell in 2026
lookRepeated losses Net loss in each of the last two years
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 2026
Sales ₹6 Cr. Net profit ₹0 Cr +4500.0%.

Activity

Compare
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 Keto Motors Ltd?

Keto Motors Ltd (537392) has a market capitalisation of Rs 1,919 Cr. at the 2026-10-01 close.

What is the P/E ratio of Keto Motors Ltd?

Keto Motors Ltd trades at a P/E of 7,379 on trailing twelve-month profit, at the 2026-10-01 close.

What were Keto Motors Ltd's latest quarterly results?

In the Jun 2026 quarter, Keto Motors Ltd sales was Rs 6 Cr and net profit was Rs 0 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03