MarketFriction

GKW Ltd

NSE GKWLIMITED · Investment Company
₹1,530.00 -1.29%
NSE close2026-10-01
52 week range1,375.00 - 1,985.40
Market cap₹921 Cr.
Price band 20% Delivery 99.9%

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
Sales11108101417151110-415
Expenses221065302224332
Operating Profit98-3310-28513-137-612
OPM %82%79%-34%34%68%-2,091%73%86%-119%69%84%
Other Income000002173334
Interest000001222222
Depreciation000011211111
Profit before tax98-339-28317-137-613
Tax %24%18%32%35%29%10%-22%17%19%23%-5%18%
Net Profit76-427-31414-165-611
EPS in Rs11.8210.68-6.473.7711.15-52.036.3323.02-25.988.47-9.3517.97
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales11.9816.9717.8130.4110.9339.1023.9620.3338.7732.7832.0932.41
Expenses9.389.559.229.818.637.846.256.7718.8742.7931.7632.10
Operating Profit2.607.428.5920.602.3031.2617.7113.5619.90-10.010.330.31
OPM %21.70%43.72%48.23%67.74%21.04%79.95%73.91%66.70%51.33%-30.54%1.03%0.96%
Other Income9.370.500.660.310.531.500.380.360.333.8515.8712.62
Interest0.000.000.000.000.200.090.020.010.013.118.348.51
Depreciation0.230.370.480.561.091.030.911.001.133.053.733.72
Profit before tax11.747.558.7720.351.5431.6417.1612.9119.09-12.324.130.70
Tax %5.28%16.69%5.47%2.31%-70.13%13.84%21.91%32.15%27.45%49.92%155.93%
Net Profit11.126.288.2919.882.6227.2713.408.7713.85-18.47-2.31-5.34
EPS in Rs18.5310.4713.8233.134.3745.4522.3314.6223.08-30.78-3.85-8.89
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 Growth10%-4%16%-14%
Compounded Profit Growth%%%23%
Stock Price CAGR11%19%18%-7%
Return on Equity1%0%0%0%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital5.975.975.975.975.975.975.975.975.975.975.975.97
Reserves84.6495.76119.43373.18280.39154.45335.742,288.392,200.862,351.042,563.962,614.20
Borrowings0.000.000.000.000.001.380.130.100.070.030.430.38
Other Liabilities11.7716.5515.6116.0816.1614.4513.06593.19596.18599.68614.20611.09
Total Liabilities102.38118.28141.01395.23302.52176.25354.902,887.652,803.082,956.723,184.563,231.64
Fixed Assets5.786.629.1711.6113.3916.3116.002,549.842,551.882,556.572,630.592,627.78
CWIP0.7311.400.060.050.271.391.080.851.053.470.070.77
Investments30.5255.5981.55351.33273.06129.07259.68280.96184.74316.39286.15532.08
Other Assets65.3544.6750.2332.2415.8029.4878.1456.0065.4180.29267.7571.01
Total Assets102.38118.28141.01395.23302.52176.25354.902,887.652,803.082,956.723,184.563,231.64
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-4.275.970.051.05-11.04-9.331.840.41-1.9217.19-202.9120.72
Cash from Investing Activity5.37-7.02-1.70-0.0710.2511.44-1.70-1.000.89-8.96200.12-19.52
Cash from Financing Activity0.000.000.000.000.00-0.46-0.34-0.04-0.04-0.05-0.06-0.42
Net Cash Flow1.11-1.05-1.650.99-0.791.65-0.20-0.63-1.088.19-2.850.79
Free Cash Flow-5.8012.48-1.87-1.85-13.60-12.820.08-1.22-5.088.19-201.7219.26
CFO/OP55%342%-16%27%-47%-360%21%20%7%104%1,635%5,348%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days143.1710.971.513.072.160.001.030.000.000.090.000.00
Inventory Days
Days Payable
Cash Conversion Cycle143.1710.971.513.072.160.001.030.000.000.090.000.00
Working Capital Days-382.72-372.01-306.71-292.86-171.64-424.11-91.76-165.74-208.08-126.34-189.51-212.36
ROCE %1.97%12.21%6.64%3.48%6.12%0.78%12.46%1.30%0.57%0.84%-0.48%0.47%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs3.10%3.10%3.10%3.10%3.10%3.10%3.10%3.10%3.10%3.10%3.10%3.10%
DIIs1.26%1.26%1.26%1.26%1.20%1.02%1.02%1.02%1.02%1.02%1.02%1.02%
Public20.64%20.64%20.64%20.64%20.70%20.89%20.89%20.89%20.89%20.89%20.89%20.88%
No. of Shareholders22,39022,66522,41622,13322,25622,47522,54422,51522,67322,45022,24822,154

Fundamentals

Market Cap₹ 921 Cr.
Current Price₹ 1,542
Book Value₹ 4,367
ROCE0.47 %
ROE-0.11 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-14%
Compounded Profit Growth (TTM)23%
Standalone figures.
Valuation
Market capRs 913 Cr
Enterprise valueRs 894 Cr
Price to book0.35x
Price to sales28.17x
EV / EBITDA69.17x
EV / EBIT97.11x
EV / sales27.60x
Price to cash flow44.06x
Earnings yield-0.58%
P/E, 3-year average61.25x
P/B, 3-year average0.36x
P/E, 5-year average39.74x
P/B, 5-year average0.27x
Profitability
Operating margin (excl. other income)1.03%
Operating margin (incl. other income)50.48%
EBITDA margin39.90%
Pre-tax margin2.16%
Net profit margin-16.48%
Net margin, latest quarter72.45%
ROE-0.09%
ROCE0.48%
ROA-0.07%
ROE, 3-year average-0.08%
ROCE, 3-year average0.31%
ROA, 3-year average-0.06%
ROE, 5-year average0.23%
ROCE, 5-year average0.56%
ROA, 5-year average0.19%
ROIC (approx.)-0.20%
Tax rate155.93%
Other income / net worth0.61%
Growth
Sales growth (latest year)-2.10%
Sales CAGR, 3 years16.43%
Sales CAGR, 5 years-3.87%
Sales growth QoQ-525.14%
Sales growth YoY (latest quarter)2.20%
Profit growth YoY (latest quarter)-21.94%
Per share
EPS (TTM)Rs -8.95
EPS (latest year)Rs -3.87
EPS (latest quarter)Rs 18.07
EPS, 3-year averageRs -3.87
EPS, 5-year averageRs 5.11
Book value per shareRs 4,391.47
Sales per shareRs 54.32
Cash flow per shareRs 34.73
Free cash flow per shareRs 32.28
Efficiency
Asset turnover0.01x
Fixed asset turnover0.01x
Cash conversion cycle0 days
Working capital days-212 days
Leverage
Total debtRs 0 Cr
Cash and bankRs 19 Cr
Net debtRs -18 Cr
Debt to equity0.00x
Net debt / EBITDA-1.43x
Interest coverage1.08x
Current ratio (filing 2026-03-31)14.00x
Quick ratio (filing 2026-03-31)14.00x
Trade payables (filing 2026-03-31)Rs 0 Cr
Owners' fund to total sources81.08%
Debt to assets0.01%
Cash flow
Cash from Operating Activity (latest year)Rs 21 Cr
Cash from Investing Activity (latest year)Rs -20 Cr
Cash from Financing Activity (latest year)Rs -0 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs 19 Cr
FCFE (approx.: FCF + change in debt)Rs 19 Cr
Cash from ops / profit, 5 years-10.93x
Sales to cash flow1.55x
Statement figures
Net sales (TTM)Rs 32 Cr
Net sales (latest year)Rs 32 Cr
Sales (latest quarter)Rs 15 Cr
Operating profit excl. other income (latest year)Rs 0 Cr
Operating profit (latest quarter)Rs 12 Cr
Other income (TTM)Rs 13 Cr
EBITDA (TTM)Rs 13 Cr
PBDT (TTM)Rs 4 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 6 Cr
Net profit (TTM)Rs -5 Cr
Net profit (latest year)Rs -2 Cr
Net profit (latest quarter)Rs 11 Cr
Depreciation (TTM)Rs 4 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 9 Cr
Cost of goods sold (latest year)Rs 1 Cr
Total expenditure (latest year)Rs 32 Cr
Total income (latest year)Rs 48 Cr
Share capitalRs 6 Cr
ReservesRs 2,614 Cr
Shareholders' fundsRs 2,620 Cr
Total assetsRs 3,232 Cr
Net blockRs 2,628 Cr
Capital work in progressRs 1 Cr
InvestmentsRs 532 Cr
Other liabilitiesRs 611 Cr
Shares outstanding (crore)0.60
Ownership
Promoter holding75.00% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 0.35 is at the 15th percentile (median 0.99).
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.
PeriodGKWLIMITEDNifty 50Difference
1 week-2.0%-2.8% +0.8 pts
1 month-1.3%-6.8% +5.5 pts
3 months-10.8%-7.6% -3.2 pts
6 months+8.7%+0.4% +8.3 pts
1 year-8.4%-9.9% +1.5 pts
2 years-50.3%-13.6% -36.8 pts
3 years+63.6%+14.2% +49.5 pts
5 years+138.8%+27.9% +110.9 pts
1 mutual fund schemes hold about ₹7 Cr. Over three months 0 bought more and 1 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
SBI LT Advantage Fund-IV-3.65%7 -14%

Red flags

F-score 6 of 8
lookProfit leans on other income Other income was 384% of pre-tax profit 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 ₹15 Cr +0.0% vs Jun 2025. Net profit ₹11 Cr -21.4%.
Against our estimate for Jun 2026: sales -37.5%, profit -36.0% in line. Our estimate for Sep 2026: sales Rs 7 Cr, profit Rs 4 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2023-08-02Annual General Meeting
2022-07-28Annual General Meeting
2021-08-11 Annual General Meeting
2020-09-15 Annual General Meeting
2019-07-10 Annual General Meeting
2018-07-31 Annual General Meeting
2017-07-25 Annual General Meeting
2016-08-01 Annual General Meeting
2015-07-30Annual General Meeting
2014-07-30Annual General Meeting
2012-07-19Annual General Meeting
2011-07-14Annual General Meeting
2010-07-16Annual General Meeting
2009-08-20Annual General Meeting
DateTypeWhat it says
2026-08-04Shareholder meetingVoting results.
2026-08-03Shareholder meetingProceedings of Annual General Meeting held on August 03, 2026
2026-08-03Board meeting outcomeGKW Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-10General UpdatesCommunication to Holders of Physical shares under Regulation 36(1)(b) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 an...
2026-07-10Shareholder meetingNotice of 96th Annual General Meeting to be held on August 03, 2026
2026-06-23General UpdatesGeneral Updates-Intimation of date of 96th Annual General Meeting.
2026-05-27Board meeting outcomeGKW Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-13General Updates- Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Amalgamation of M/s. CB Management S...
2026-04-30Disclosure under SEBI TakeovMatrix Commercial Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of In...
2026-04-09Disclosure under SEBI TakeovMatrix Commercial Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of In...
2026-02-11Board meeting outcomeGKW Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-01-15Shareholder meetingGKW Limited has submitted the Exchange a copy Scrutinizers report of Postal Ballot alongwith Voting Results.
2025-12-15Shareholder meetingNotice of Postal Ballot
2025-11-11Director changeChange in Director(s) of the company.
2025-11-11Board meeting outcomeReappointment of Independent Director.
2025-11-11Board meeting outcomeFinancial Result for the quatre and half year ended 30th September, 2025
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.
EPS in the scrip is zero (4 trailing quarters)Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of GKW Ltd?

GKW Ltd (GKWLIMITED) has a market capitalisation of Rs 921 Cr. at the 2026-10-01 close.

What were GKW Ltd's latest quarterly results?

In the Jun 2026 quarter, GKW Ltd sales was Rs 15 Cr (+0.0% vs Jun 2025) and net profit was Rs 11 Cr.

What is the 52-week high and low of GKW Ltd?

The 52-week high is Rs 1,985.40 and the 52-week low is Rs 1,375.00.

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