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 | 76.33 | 77.30 | 62.47 | 57.85 | 89.66 | 136.90 | 102.90 | 95.05 | 118.39 | 181.21 | 192.53 | 84.93 |
| Expenses | 74.64 | 75.98 | 61.31 | 56.60 | 87.93 | 134.74 | 101.83 | 93.47 | 116.20 | 178.78 | 189.53 | 82.87 |
| Operating Profit | 1.69 | 1.32 | 1.16 | 1.25 | 1.73 | 2.16 | 1.07 | 1.58 | 2.19 | 2.43 | 3.00 | 2.06 |
| OPM % | 2.21% | 1.71% | 1.86% | 2.16% | 1.93% | 1.58% | 1.04% | 1.66% | 1.85% | 1.34% | 1.56% | 2.43% |
| Other Income | 0.06 | 0.85 | 0.29 | 0.10 | 0.09 | 0.09 | 1.25 | 0.43 | 0.45 | 0.32 | 1.01 | 0.52 |
| Interest | 0.92 | 1.27 | 0.91 | 0.45 | 0.75 | 1.81 | 1.08 | 1.09 | 2.32 | 1.87 | 2.19 | 1.95 |
| Depreciation | 0.12 | 0.12 | 0.10 | 0.07 | 0.07 | 0.07 | 0.07 | 0.08 | 0.08 | 0.08 | 0.08 | 0.07 |
| Profit before tax | 0.71 | 0.78 | 0.44 | 0.83 | 1.00 | 0.37 | 1.17 | 0.84 | 0.24 | 0.80 | 1.74 | 0.56 |
| Tax % | 30.99% | 26.92% | 27.27% | 25.30% | 26.00% | 29.73% | 37.61% | 25.00% | -0.00% | 21.25% | 28.74% | 25.00% |
| Net Profit | 0.49 | 0.57 | 0.32 | 0.62 | 0.74 | 0.26 | 0.72 | 0.63 | 0.24 | 0.63 | 1.24 | 0.41 |
| EPS in Rs | 4.90 | 5.70 | 3.20 | 6.20 | 7.40 | 2.60 | 7.20 | 6.30 | 2.40 | 6.30 | 12.40 | 4.10 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 524 | 434 | 486 | 401 | 228 | 135 | 229 | 332 | 277 | 387 | 587 | 577 |
| Expenses | 518 | 426 | 477 | 393 | 222 | 132 | 225 | 324 | 271 | 380 | 577 | 567 |
| Operating Profit | 6 | 7 | 8 | 9 | 5 | 3 | 4 | 8 | 6 | 7 | 9 | 10 |
| OPM % | 1.2% | 1.6% | 1.7% | 2.2% | 2.4% | 1.9% | 1.9% | 2.3% | 2.1% | 1.8% | 1.6% | 1.7% |
| Other Income | 0 | 0 | 0 | 0 | 1 | 0 | 2 | 0 | 1 | 2 | 2 | 2 |
| Interest | 5 | 6 | 7 | 8 | 4 | 1 | 2 | 3 | 4 | 5 | 7 | 8 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 3 | 3 | 4 | 3 |
| Tax % | 32% | 30% | 37% | 25% | 21% | 36% | 24% | 29% | 28% | 30% | 26% | |
| Net Profit | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 3 | 3 |
| EPS in Rs | 6.20 | 5.50 | 5.20 | 5.50 | 8.80 | 6.30 | 24.90 | 31.50 | 23.60 | 23.30 | 26.70 | 25.20 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 1% | 34% | 21% | 36% | ||
| Compounded Profit Growth | 16% | 34% | -6% | 7% | ||
| Stock Price CAGR | % | % | % | 5% | ||
| Return on Equity | 12% | 15% | 13% | 13% |
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | 4 | 5 | 6 | 6 | 7 | 8 | 8 | 11 | 14 | 17 | 19 | 21 |
| Borrowings | 40 | 45 | 38 | 78 | 61 | 21 | 32 | 23 | 44 | 23 | 52 | 92 |
| Other Liabilities | 6 | 18 | 23 | 4 | 10 | 4 | 21 | 35 | 5 | 7 | 5 | 8 |
| Total Liabilities | 51 | 69 | 68 | 89 | 79 | 34 | 63 | 70 | 65 | 48 | 77 | 123 |
| Fixed Assets | 6 | 7 | 6 | 6 | 6 | 6 | 4 | 4 | 4 | 3 | 3 | 3 |
| CWIP | -0 | -0 | 0 | -0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Investments | 0 | 0 | 2 | 4 | 4 | 4 | 4 | 2 | 2 | 2 | 2 | 2 |
| Other Assets | 44 | 63 | 59 | 78 | 70 | 24 | 54 | 64 | 59 | 42 | 72 | 118 |
| Total Assets | 51 | 69 | 68 | 89 | 79 | 34 | 63 | 70 | 65 | 48 | 77 | 123 |
| 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 | 5 | -2 | -1 | 3 | 27 | 44 | -2 | -1 | -18 | 25 | -25 | -29 |
| Cash from Investing Activity | -1 | -1 | -3 | -2 | 4 | 1 | 0 | 4 | -1 | 0 | 0 | 1 |
| Cash from Financing Activity | -1 | 0 | 2 | 2 | -32 | -45 | 10 | -12 | 19 | -24 | 24 | 33 |
| Net Cash Flow | 3 | -2 | -1 | 2 | -1 | -1 | 9 | -9 | -0 | 1 | -1 | 4 |
| Free Cash Flow | 3 | -2 | -1 | 2 | 26 | 45 | -2 | 0 | -19 | 25 | -25 | -30 |
| CFO/OP | 100% | -20% | -6% | 37% | 315% | 822% | -77% | -8% | -223% | 438% | -345% | -308% |
| 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 | 19 | 26 | 44 | 29 | 28 | 21 | 37 | 54 | 39 | 25 | 28 | 21 |
| Inventory Days | 28 | 15 | 4 | 24 | 35 | 12 | 72 | 43 | 24 | 29 | 30 | 36 |
| Days Payable | 5 | 10 | 13 | 1 | 8 | 4 | 56 | 54 | 2 | 5 | 2 | 1 |
| Cash Conversion Cycle | 42 | 32 | 35 | 51 | 55 | 30 | 54 | 43 | 61 | 48 | 57 | 57 |
| Working Capital Days | 40 | 29 | 29 | 53 | 52 | 30 | -8 | 10 | 10 | 15 | 14 | 9 |
| ROCE % | 10% | 12% | 14% | 12% | 11% | 10% | 6% | 12% | 16% | 13% | 15% | 12% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 53.14% | 53.14% | 53.14% | 53.14% | 53.14% | 53.14% | 53.14% | 53.14% | 53.14% | 53.14% | 53.14% | 53.14% |
| Public | 46.86% | 46.86% | 46.86% | 46.86% | 46.86% | 46.86% | 46.86% | 46.86% | 46.86% | 46.86% | 46.86% | 46.86% |
| No. of Shareholders | 483 | 480 | 474 | 468 | 467 | 467 | 467 | 467 | 471 | 471 | 471 | 471 |
Fundamentals
Market Cap₹ 14.5 Cr.
Current Price₹ 145
Stock P/E5.75
Book Value₹ 225
ROCE11.9 %
ROE12.6 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)36%
Compounded Profit Growth (TTM)7%
Standalone figures.
Valuation
Market capRs 14 Cr
Enterprise valueRs 102 Cr
P/E (TTM)5.75x
Price to book0.65x
Price to sales0.03x
EV / EBITDA8.52x
EV / EBIT8.75x
EV / sales0.18x
Earnings yield17.38%
P/E, 3-year average5.12x
P/B, 3-year average0.63x
P/E, 5-year average4.79x
P/B, 5-year average0.73x
Profitability
Operating margin (excl. other income)1.57%
Operating margin (incl. other income)1.95%
EBITDA margin2.08%
Pre-tax margin0.58%
Net profit margin0.44%
Net margin, latest quarter0.48%
ROE12.59%
ROCE11.89%
ROA2.67%
ROE, 3-year average13.13%
ROCE, 3-year average13.31%
ROA, 3-year average3.53%
ROE, 5-year average17.11%
ROCE, 5-year average14.13%
ROA, 5-year average3.81%
ROIC (approx.)7.82%
Tax rate26.24%
Other income / net worth9.84%
Growth
Sales growth (latest year)51.68%
Profit growth (latest year)14.59%
Sales CAGR, 3 years20.89%
Sales CAGR, 5 years34.15%
Profit CAGR, 3 years-5.36%
Profit CAGR, 5 years33.49%
Sales growth QoQ-55.89%
Profit growth QoQ-66.94%
Sales growth YoY (latest quarter)-10.65%
Profit growth YoY (latest quarter)-34.92%
Per share
EPS (TTM)Rs 25.20
EPS (latest year)Rs 26.70
EPS (latest quarter)Rs 4.10
EPS, 3-year averageRs 24.53
EPS, 5-year averageRs 26.00
Book value per shareRs 224.70
Sales per shareRs 5,770.60
Cash flow per shareRs -294.10
Free cash flow per shareRs -300.00
Efficiency
Asset turnover4.76x
Fixed asset turnover185.03x
Inventory turnover10.16x
Inventory days36 days
Debtor days21 days
Debtors turnover17.21x
Creditor days1 days
Cash conversion cycle57 days
Working capital days9 days
Leverage
Total debtRs 92 Cr
Cash and bankRs 5 Cr
Net debtRs 88 Cr
Debt to equity4.11x
Net debt / EBITDA7.31x
Interest coverage1.40x
Owners' fund to total sources18.25%
Debt to assets74.94%
Cash flow
Cash from Operating Activity (latest year)Rs -29 Cr
Cash from Investing Activity (latest year)Rs 1 Cr
Cash from Financing Activity (latest year)Rs 33 Cr
Net Cash Flow (latest year)Rs 4 Cr
Free cash flow (latest year)Rs -30 Cr
FCFE (approx.: FCF + change in debt)Rs 10 Cr
Cash from ops / profit, 5 years-4.00x
Statement figures
Net sales (TTM)Rs 577 Cr
Net sales (latest year)Rs 587 Cr
Sales (latest quarter)Rs 85 Cr
Operating profit excl. other income (latest year)Rs 9 Cr
Operating profit (latest quarter)Rs 2 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 12 Cr
PBDT (TTM)Rs 4 Cr
Profit before tax (TTM)Rs 3 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 3 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 8 Cr
Cost of goods sold (latest year)Rs 567 Cr
Total expenditure (latest year)Rs 577 Cr
Total income (latest year)Rs 589 Cr
Share capitalRs 1 Cr
ReservesRs 21 Cr
Shareholders' fundsRs 22 Cr
Total assetsRs 123 Cr
Net blockRs 3 Cr
InvestmentsRs 2 Cr
ReceivablesRs 34 Cr
InventoryRs 56 Cr
Other liabilitiesRs 8 Cr
Shares outstanding (crore)0.10
Ownership
Promoter holding53.14% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | KALYANI | Nifty 50 | Difference |
|---|---|---|---|
| 3 years | +21.5% | +14.2% | +7.4 pts |
Red flags
F-score 2 of 8| explain | Weak cash conversion Cash from operations was -404% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 26% of total assets in 2026 |
| explain | Low interest cover Interest cover 1.5x in 2026 |
| look | Profit leans on other income Other income was 61% of pre-tax profit 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 ₹85 Cr -10.6% vs Jun 2025.
Net profit ₹0 Cr -34.9%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Jinkushal Industries Ltd | 384 | 45.0 | 9.75 % |
| Seemax Resources Ltd | 26 | 14.8 | 23.9 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2024-09-19 | Annual General Meeting | |
| 2023-09-20 | Annual General Meeting | |
| 2022-09-16 | Annual General Meeting | |
| 2021-09-20 | Annual General Meeting | |
| 2020-11-25 | Extra Ordinary General Meeting | |
| 2020-09-22 | Annual General Meeting | |
| 2019-08-28 | Annual General Meeting | |
| 2018-07-27 | Annual General Meeting | |
| 2017-08-24 | Annual General Meeting |
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.
Less than 100 unique PAN traded in previous 30 days
Quick answers
What is the market cap of Kalyani Commercials Ltd?
Kalyani Commercials Ltd (KALYANI) has a market capitalisation of Rs 14.5 Cr. at the 2026-08-28 close.
What is the P/E ratio of Kalyani Commercials Ltd?
Kalyani Commercials Ltd trades at a P/E of 5.75 on trailing twelve-month profit, at the 2026-08-28 close.
What were Kalyani Commercials Ltd's latest quarterly results?
In the Jun 2026 quarter, Kalyani Commercials Ltd sales was Rs 85 Cr (-10.6% vs Jun 2025) and net profit was Rs 0 Cr.
What is the 52-week high and low of Kalyani Commercials Ltd?
The 52-week high is Rs 144.99 and the 52-week low is Rs 144.99.