Price
Financials
Consolidated, 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 | 0.00 | 0.00 | 0.00 | 0.67 | 0.00 | 0.00 | 10.74 | 0.00 | 0.00 | 5.95 | 1.87 | 0.00 |
| Expenses | 0.08 | 0.07 | 2.41 | 0.78 | 0.09 | 0.06 | 17.48 | 0.43 | 0.36 | 7.83 | 5.35 | 0.40 |
| Operating Profit | -0.08 | -0.07 | -2.41 | -0.11 | -0.09 | -0.06 | -6.74 | -0.43 | -0.36 | -1.88 | -3.48 | -0.40 |
| OPM % | -16.42% | -62.76% | -31.60% | -186.10% | ||||||||
| Other Income | 0.00 | 0.00 | 0.31 | 0.00 | 0.00 | 0.61 | 56.41 | 0.57 | 0.58 | 0.82 | 1.89 | 1.25 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.11 | 0.00 | 0.20 | 0.00 | 0.05 | 0.11 | 0.38 | 0.40 |
| Depreciation | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.10 | 0.08 | 0.16 | 0.11 | 0.11 |
| Profit before tax | -0.08 | -0.07 | -2.11 | -0.12 | -0.21 | 0.54 | 49.46 | 0.04 | 0.09 | -1.33 | -2.08 | 0.34 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 8.39% | 25.00% | 44.44% | 4.51% | -25.00% | 26.47% |
| Net Profit | -0.08 | -0.08 | -2.11 | -0.11 | -0.21 | 0.54 | 45.31 | 0.03 | 0.05 | -1.38 | -1.56 | 0.24 |
| EPS in Rs | -0.06 | -0.06 | -1.50 | -0.08 | -0.15 | 0.38 | 32.15 | 0.02 | 0.04 | -0.98 | -1.11 | 0.17 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 78.68 | 38.01 | 17.67 | 24.45 | 2.72 | 2.63 | 2.85 | 3.87 | 2.80 | 11.41 | 7.82 | 7.82 |
| Expenses | 92.67 | 41.22 | 19.19 | 27.66 | 5.35 | 4.51 | 4.45 | 6.83 | 5.67 | 18.41 | 13.96 | 13.94 |
| Operating Profit | -13.99 | -3.21 | -1.52 | -3.21 | -2.63 | -1.88 | -1.60 | -2.96 | -2.87 | -7.00 | -6.14 | -6.12 |
| OPM % | -17.78% | -8.45% | -8.60% | -13.13% | -96.69% | -71.48% | -56.14% | -76.49% | -102.50% | -61.35% | -78.52% | -78.26% |
| Other Income | 10.16 | 4.83 | 2.26 | 3.33 | 2.97 | 1.79 | 1.80 | -5.53 | 0.58 | 57.02 | 3.86 | 4.54 |
| Interest | 6.67 | 1.51 | 0.39 | 0.26 | 0.04 | 0.01 | 0.02 | 0.00 | 0.00 | 0.31 | 0.55 | 0.94 |
| Depreciation | 0.29 | 0.28 | 0.24 | 0.19 | 0.25 | 0.07 | 0.04 | 0.03 | 0.02 | 0.02 | 0.45 | 0.46 |
| Profit before tax | -10.79 | -0.17 | 0.11 | -0.33 | 0.05 | -0.17 | 0.14 | -8.52 | -2.31 | 49.69 | -3.28 | -2.98 |
| Tax % | -0.09% | -47.06% | -36.36% | 3.03% | -20.00% | 5.88% | 21.43% | -0.94% | 0.00% | 8.35% | -12.50% | |
| Net Profit | -10.78 | -0.09 | 0.16 | -0.34 | 0.06 | -0.17 | 0.11 | -8.44 | -2.31 | 45.53 | -2.86 | -2.65 |
| EPS in Rs | -7.65 | -0.06 | 0.11 | -0.28 | 0.09 | -0.12 | 0.08 | -5.83 | -1.64 | 32.31 | -2.03 | -1.88 |
| 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 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -21% | 24% | 26% | -27% | ||
| Compounded Profit Growth | 6% | % | -7% | -106% | ||
| Stock Price CAGR | 1% | 13% | 10% | -24% | ||
| Return on Equity | -2% | -4% | -6% | -3% |
| 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 | 14.09 | 14.09 | 14.09 | 14.09 | 14.09 | 14.09 | 14.09 | 14.09 | 14.09 | 14.09 | 14.09 | 14.09 |
| Reserves | 76.71 | 65.93 | 66.04 | 66.25 | 65.95 | 66.00 | 65.91 | 66.05 | 57.88 | 55.61 | 101.20 | 98.39 |
| Borrowings | 72.84 | 66.39 | 17.43 | 10.16 | 7.30 | 6.24 | 1.62 | 1.58 | 1.63 | 1.66 | 1.26 | 17.00 |
| Other Liabilities | 27.99 | 28.81 | 37.31 | 35.34 | 17.60 | 16.39 | 8.78 | 7.19 | 4.19 | 4.77 | 0.76 | 0.74 |
| Total Liabilities | 191.63 | 175.22 | 134.87 | 125.84 | 104.94 | 102.72 | 90.40 | 88.91 | 77.79 | 76.13 | 117.31 | 130.22 |
| Fixed Assets | 15.14 | 6.39 | 4.95 | 6.75 | 0.32 | 0.06 | 0.10 | 0.33 | 0.28 | 0.26 | 2.89 | 3.50 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 2.83 | 0.69 | 0.69 | 0.69 | 0.69 | 0.69 | 4.42 | 4.73 | 4.72 | 4.75 | 5.25 | 22.52 |
| Other Assets | 173.66 | 168.14 | 129.23 | 118.40 | 103.93 | 101.97 | 85.88 | 83.85 | 72.79 | 71.12 | 109.17 | 104.20 |
| Total Assets | 191.63 | 175.22 | 134.87 | 125.84 | 104.94 | 102.72 | 90.40 | 88.91 | 77.79 | 76.13 | 117.31 | 130.22 |
| 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 | -1.43 | -0.23 | 32.35 | 17.13 | 17.57 | 0.25 | 7.50 | 0.29 | 1.32 | -1.35 | -4.09 | -19.44 |
| Cash from Investing Activity | 7.74 | 18.34 | 5.23 | -0.54 | 1.27 | 3.15 | -2.33 | 1.24 | 0.51 | 0.55 | 51.65 | -14.51 |
| Cash from Financing Activity | -6.91 | -17.25 | -39.69 | -16.27 | -18.76 | -4.85 | -5.17 | -1.45 | -1.89 | 0.62 | -3.19 | 14.97 |
| Net Cash Flow | -0.60 | 0.86 | -2.11 | 0.31 | 0.07 | -1.45 | 0.00 | 0.08 | -0.07 | -0.18 | 44.37 | -18.98 |
| Free Cash Flow | -1.45 | 7.87 | 32.85 | 15.02 | 17.71 | 0.25 | 3.83 | 0.03 | 1.35 | -1.38 | 45.61 | -37.72 |
| CFO/OP | 9% | -3% | -1,026% | -1,128% | -559% | -14% | -405% | -26% | -43% | 47% | 65% | 335% |
| 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 | 611.33 | 74.41 | 94.78 | 80.35 | 35.23 | 464.30 | 188.75 | 75.56 | 52.82 | 73.00 | 13.76 | 21.00 |
| Inventory Days | 1,054.90 | 269.64 | 320.72 | 573.06 | 194.86 | 1,547.60 | 1,488.08 | 1,261.63 | 899.77 | 1,243.61 | 305.18 | 445.28 |
| Days Payable | 48.38 | 8.38 | 16.96 | 205.66 | 113.36 | 1,257.22 | 157.54 | 119.02 | 22.64 | 28.68 | 76.77 | 112.02 |
| Cash Conversion Cycle | 1,617.85 | 335.67 | 398.54 | 447.75 | 116.73 | 754.68 | 1,519.28 | 1,218.17 | 929.95 | 1,287.93 | 242.16 | 354.26 |
| Working Capital Days | 746.27 | 164.13 | 347.62 | 694.26 | 608.33 | 5,338.12 | 5,801.14 | 4,843.61 | 3,031.29 | 3,925.05 | 1,179.45 | 2,179.26 |
| ROCE % | 3.47% | -2.86% | 0.81% | 0.61% | -0.07% | -0.07% | -0.33% | 0.20% | -3.34% | -3.29% | -3.77% | -2.26% |
| 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 | 41.62% | 41.42% | 41.42% | 41.42% | 41.38% | 41.38% | 41.38% | 41.38% | 41.36% | 41.36% | 41.36% | 41.36% |
| Public | 58.38% | 58.57% | 58.57% | 58.57% | 58.62% | 58.61% | 58.61% | 58.62% | 58.64% | 58.64% | 58.63% | 58.65% |
| No. of Shareholders | 4,443 | 4,402 | 5,008 | 4,974 | 5,361 | 5,413 | 5,398 | 5,349 | 5,436 | 5,385 | 5,255 | 5,163 |
Fundamentals
Market Cap₹ 24.6 Cr.
Current Price₹ 17.5
Book Value₹ 79.8
ROCE-2.26 %
ROE-2.51 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-27%
Compounded Profit Growth (TTM)-106%
Consolidated figures.
Valuation
Market capRs 24 Cr
Enterprise valueRs 16 Cr
Price to book0.21x
Price to sales3.09x
EV / sales2.00x
Earnings yield-10.97%
P/E, 3-year average0.35x
P/B, 3-year average0.23x
P/E, 5-year average82.17x
P/B, 5-year average0.21x
Profitability
Operating margin (excl. other income)-78.52%
Operating margin (incl. other income)-29.16%
EBITDA margin-20.20%
Pre-tax margin-38.11%
Net profit margin-33.89%
ROE-2.51%
ROCE-2.22%
ROA-2.31%
ROE, 3-year average14.48%
ROCE, 3-year average15.94%
ROA, 3-year average13.92%
ROE, 5-year average6.56%
ROCE, 5-year average7.41%
ROA, 5-year average6.41%
ROIC (approx.)-1.72%
Tax rate12.50%
Other income / net worth3.43%
Growth
Sales growth (latest year)-31.46%
Profit growth (latest year)-106.28%
Sales CAGR, 3 years26.42%
Sales CAGR, 5 years24.35%
Profit growth YoY (latest quarter)700.00%
Per share
EPS (TTM)Rs -1.88
EPS (latest year)Rs -2.03
EPS (latest quarter)Rs 0.17
EPS, 3-year averageRs 9.55
EPS, 5-year averageRs 4.58
Book value per shareRs 79.81
Sales per shareRs 5.55
Cash flow per shareRs -13.79
Free cash flow per shareRs -26.76
Efficiency
Asset turnover0.06x
Fixed asset turnover2.23x
Inventory turnover0.82x
Inventory days442 days
Debtor days21 days
Debtors turnover17.38x
Creditor days112 days
Cash conversion cycle354 days
Working capital days2179 days
Leverage
Total debtRs 17 Cr
Cash and bankRs 26 Cr
Net debtRs -9 Cr
Debt to equity0.15x
Interest coverage-2.17x
Owners' fund to total sources86.38%
Debt to assets13.05%
Cash flow
Cash from Operating Activity (latest year)Rs -19 Cr
Cash from Investing Activity (latest year)Rs -15 Cr
Cash from Financing Activity (latest year)Rs 15 Cr
Net Cash Flow (latest year)Rs -19 Cr
Free cash flow (latest year)Rs -38 Cr
FCFE (approx.: FCF + change in debt)Rs -22 Cr
Cash from ops / profit, 5 years-0.73x
Statement figures
Net sales (TTM)Rs 8 Cr
Net sales (latest year)Rs 8 Cr
Operating profit excl. other income (latest year)Rs -6 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 5 Cr
EBITDA (TTM)Rs -2 Cr
PBDT (TTM)Rs -3 Cr
Profit before tax (TTM)Rs -3 Cr
Tax (latest year)Rs -0 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 1 Cr
Cost of goods sold (latest year)Rs 8 Cr
Total expenditure (latest year)Rs 14 Cr
Total income (latest year)Rs 12 Cr
Share capitalRs 14 Cr
ReservesRs 98 Cr
Shareholders' fundsRs 112 Cr
Total assetsRs 130 Cr
Net blockRs 4 Cr
InvestmentsRs 23 Cr
ReceivablesRs 0 Cr
InventoryRs 10 Cr
Other liabilitiesRs 1 Cr
Shares outstanding (crore)1.41
Ownership
Promoter holding41.36% (-0.02 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | KAMANWALA | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +3.9% | -2.8% | +6.7 pts |
| 1 month | +0.8% | -6.8% | +7.6 pts |
Red flags
F-score 1 of 8| explain | Weak cash conversion Cash from operations was -62% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 13% of total assets in 2026 |
| explain | Debt up, profit down Borrowings up 1249% while net profit fell in 2026 |
| look | Inventory outrunning sales Inventory grew 0% vs sales -31% in 2026 |
| look | On NSE surveillance On NSE surveillance: ASM long-term |
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 ₹0 Cr.
Net profit ₹0 Cr +700.0%.
Activity
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|---|---|---|---|
| DLF Ltd | 161,638 | 37.6 | 6.32 % |
| Lodha Developers Ltd | 110,592 | 26.8 | 16.4 % |
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| Prestige Estates Projects Ltd | 61,056 | 53.6 | 10.4 % |
| Godrej Properties Ltd | 49,232 | 30.4 | 7.63 % |
| Anant Raj Ltd | 21,675 | 37.5 | 12.1 % |
| Brigade Enterprises Ltd | 18,370 | 27.0 | 10.5 % |
| Horizon Industrial Parks Ltd | 14,709 | 3.18 % | |
| Sobha Ltd | 13,008 | 56.4 | 6.86 % |
| Aditya Birla Real Estate Ltd | 12,963 | -4.48 % | |
| SignatureGlobal India Ltd | 10,614 | 2.38 % | |
| Sri Lotus Developers & Realty Ltd | 10,466 | 40.7 | 21.2 % |
| Max Estates Ltd | 9,312 | 1,586 | 1.40 % |
| Embassy Developments Ltd | 7,833 | -2.44 % |
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.
Less than 100 unique PAN traded in previous 30 daysLong Term Additional Surveillance Measure (Long Term ASM): stage 1