Kaushalya Infrastructure Development Corpn Ltd (KAUSHALYA) share price, results, shareholding

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

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	0.03	0.04	0.05	0.02	0.04	0.04	0.04	0.02	0.03	0.79	0.07	0.01
Expenses	1.14	0.71	0.48	0.42	0.28	0.26	0.38	0.57	0.36	0.20	0.53	0.34
Operating Profit	-1.11	-0.67	-0.43	-0.40	-0.24	-0.22	-0.34	-0.55	-0.33	0.59	-0.46	-0.33
OPM %	-3,700.00%	-1,675.00%	-860.00%	-2,000.00%	-600.00%	-550.00%	-850.00%	-2,750.00%	-1,100.00%	74.68%	-657.14%	-3,300.00%
Other Income	0.73	-0.14	18.12	0.31	4.71	0.91	0.08	1.09	0.03	0.11	0.02	0.01
Interest	0.00	-0.15	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.02	0.02	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Profit before tax	-0.40	-0.68	17.67	-0.11	4.45	0.68	-0.27	0.53	-0.31	0.69	-0.45	-0.33
Tax %	-280.00%	-11.76%	21.51%	100.00%	3.15%	20.59%	-355.56%	22.64%	-16.13%	23.19%	-17.78%	39.39%
Net Profit	0.72	-0.60	13.88	-0.22	4.31	0.55	0.70	0.41	-0.25	0.53	-0.37	-0.45
EPS in Rs	22.67	-21.33	400.81	-6.35	124.46	15.88	20.21	11.84	-7.22	15.30	-10.68	-12.99

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	0.57	0.28	0.31	0.22	0.18	2.27	0.14	0.12	0.14	0.13	0.90	0.90
Expenses	56.18	4.99	1.18	9.60	6.29	2.95	1.53	1.70	1.64	1.27	1.50	1.43
Operating Profit	-55.61	-4.71	-0.87	-9.38	-6.11	-0.68	-1.39	-1.58	-1.50	-1.14	-0.60	-0.53
OPM %	-9,756.14%	-1,682.14%	-280.65%	-4,263.64%	-3,394.44%	-29.96%	-992.86%	-1,316.67%	-1,071.43%	-876.92%	-66.67%	-58.89%
Other Income	1.24	0.68	0.29	26.40	0.30	5.61	2.64	17.40	19.41	5.98	1.09	0.17
Interest	-0.03	-0.40	0.07	0.00	0.03	0.02	0.03	0.00	0.00	0.03	0.00	0.00
Depreciation	0.47	0.46	0.44	0.44	0.42	0.38	0.28	0.14	0.08	0.06	0.03	0.04
Profit before tax	-54.81	-4.09	-1.09	16.58	-6.26	4.53	0.94	15.68	17.83	4.75	0.46	-0.40
Tax %	-0.09%	-1.47%	-10.09%	-35.59%	-1.76%	85.87%	54.26%	1.40%	15.31%	-12.21%	30.43%
Net Profit	-54.76	-3.89	-0.99	22.49	-6.15	0.64	0.43	15.46	15.10	5.33	0.33	-0.54
EPS in Rs	-1,825.33	-129.33	-34.67	749.67	-205.00	21.33	14.33	515.33	436.04	153.91	9.53	-15.59
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	5%	-17%	96%	543%
Compounded Profit Growth	7%	-12%	-73%	-109%
Stock Price CAGR	6%	27%	7%		-28%
Return on Equity	10%	12%	10%			0%

	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	34.63	34.63	34.63	34.63	34.63	34.63	34.63	34.63	34.63	34.63	34.63	34.63
Reserves	50.03	-4.56	-8.70	-9.48	12.75	4.24	4.63	5.41	21.35	37.32	42.61	42.77
Borrowings	61.57	61.34	62.50	57.75	31.47	29.90	24.40	23.90	22.20	0.00	0.00	0.00
Other Liabilities	44.77	31.89	31.24	17.58	16.63	15.69	5.07	2.03	2.66	1.97	3.31	3.84
Total Liabilities	191.00	123.30	119.67	100.48	95.48	84.46	68.73	65.97	80.84	73.92	80.55	81.24
Fixed Assets	43.72	3.62	5.82	5.34	4.90	4.48	3.95	3.67	3.54	3.45	3.40	3.37
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	15.37	52.88	50.32	50.06	49.48	41.08	41.21	38.85	54.85	55.09	60.99	60.95
Other Assets	131.91	66.80	63.53	45.08	41.10	38.90	23.57	23.45	22.45	15.38	16.16	16.92
Total Assets	191.00	123.30	119.67	100.48	95.48	84.46	68.73	65.97	80.84	73.92	80.55	81.24

	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	-3.14	-22.67	1.60	6.25	-1.26	-1.08	4.76	-4.19	0.68	2.42	0.02	-0.04
Cash from Investing Activity	3.07	23.56	-3.05	-1.03	1.43	2.67	0.68	4.79	0.97	3.65	-0.02	0.04
Cash from Financing Activity	0.34	-1.93	1.45	-4.56	-0.78	-1.60	-5.52	-0.53	-1.70	-6.00	0.00	0.00
Net Cash Flow	0.27	-1.04	0.00	0.66	-0.60	-0.01	-0.08	0.06	-0.05	0.06	-0.01	0.00
Free Cash Flow	2.02	-7.30	-2.03	6.29	-1.26	-1.08	4.91	-4.19	0.68	2.42	0.02	-0.04
CFO/OP	270%	41%	-41%	-691%	9%	20%	-779%	281%	-51%	-167%	-11%	-12%

	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	5,009.75	24,102.81	38,494.46	18,862.26	22,878.86	27,922.50	755.73	7,456.43	8,820.83	6,622.14	7,131.54	1,030.11
Inventory Days	199.64	114.59	1,788.50		3,431.00	4,197.50	35.10	243.33	0.00	0.00	0.00
Days Payable	2,643.73	2,571.98	44,201.50		82,417.00	97,728.75	449.23	3,771.67
Cash Conversion Cycle	2,565.67	21,645.42	-3,918.54	18,862.26	-56,107.14	-65,608.75	341.59	3,928.10	8,820.83	6,622.14	7,131.54	1,030.11
Working Capital Days	-65.55	-26,856.32	-65,647.86	-68,443.39	-38,806.14	-47,855.56	-3,410.42	-56,548.93	-62,141.25	6,231.07	3,509.62	352.83
ROCE %	-0.59%	-45.72%	-4.99%	-1.14%	20.43%	-7.29%	6.79%	-2.24%	22.56%	24.59%	6.33%	0.58%

	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	51.42%	51.42%	51.42%	51.42%	51.42%	51.42%	51.42%	51.42%	51.42%	51.42%	51.42%	51.42%
Public	48.57%	48.58%	48.58%	48.58%	48.57%	48.58%	48.57%	48.57%	48.58%	48.58%	48.57%	48.56%
No. of Shareholders	22,603	22,615	14,416	13,816	13,555	13,741	13,475	13,171	12,938	12,652	12,391	12,162

Fundamentals

Market Cap₹ 29.1 Cr.

Current Price₹ 841

Book Value₹ 2,221

ROCE0.58 %

ROE0.43 %

Dividend Yield0.00 %

Face Value₹ 1,000

Compounded Sales Growth (TTM)543%

Compounded Profit Growth (TTM)-109%

Consolidated figures.

Valuation

Market capRs 29 Cr

Enterprise valueRs 28 Cr

Price to book0.37x

Price to sales32.10x

EV / sales31.35x

Earnings yield-1.87%

P/E, 3-year average3.54x

P/B, 3-year average0.34x

P/E, 5-year average738.65x

P/B, 5-year average13.96x

Profitability

Operating margin (excl. other income)-66.67%

Operating margin (incl. other income)54.44%

EBITDA margin-40.00%

Pre-tax margin-44.44%

Net profit margin-60.00%

Net margin, latest quarter-4500.00%

ROE0.43%

ROCE0.59%

ROA0.41%

ROE, 3-year average10.39%

ROCE, 3-year average10.25%

ROA, 3-year average8.94%

ROE, 5-year average12.89%

ROCE, 5-year average10.87%

ROA, 5-year average9.70%

ROIC (approx.)-0.36%

Tax rate30.43%

Other income / net worth1.41%

Growth

Sales growth (latest year)592.31%

Profit growth (latest year)-93.81%

Sales CAGR, 3 years95.74%

Sales CAGR, 5 years-16.89%

Profit CAGR, 3 years-72.26%

Profit CAGR, 5 years-12.41%

Sales growth QoQ-85.71%

Sales growth YoY (latest quarter)-50.00%

Profit growth YoY (latest quarter)-209.76%

Per share

EPS (TTM)Rs -15.59

EPS (latest quarter)Rs -12.99

EPS, 3-year averageRs 294.97

EPS, 5-year averageRs 148.63

Book value per shareRs 2,234.58

Sales per shareRs 25.98

Cash flow per shareRs -1.15

Free cash flow per shareRs -1.15

Efficiency

Asset turnover0.01x

Fixed asset turnover0.27x

Debtor days1030 days

Debtors turnover0.35x

Creditor days3772 days

Cash conversion cycle1030 days

Working capital days353 days

Leverage

Cash and bankRs 1 Cr

Net debtRs -1 Cr

Owners' fund to total sources95.27%

Cash flow

Cash from Operating Activity (latest year)Rs -0 Cr

Cash from Investing Activity (latest year)Rs 0 Cr

Free cash flow (latest year)Rs -0 Cr

Cash from ops / profit, 5 years-0.03x

Statement figures

Net sales (TTM)Rs 1 Cr

Net sales (latest year)Rs 1 Cr

Sales (latest quarter)Rs 0 Cr

Operating profit excl. other income (latest year)Rs -1 Cr

Operating profit (latest quarter)Rs -0 Cr

Other income (TTM)Rs 0 Cr

EBITDA (TTM)Rs -0 Cr

PBDT (TTM)Rs -0 Cr

Profit before tax (TTM)Rs -0 Cr

Tax (latest year)Rs 0 Cr

Net profit (TTM)Rs -1 Cr

Net profit (latest year)Rs 0 Cr

Net profit (latest quarter)Rs -0 Cr

Depreciation (TTM)Rs 0 Cr

Depreciation (latest quarter)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 35 Cr

ReservesRs 43 Cr

Shareholders' fundsRs 77 Cr

Total assetsRs 81 Cr

Net blockRs 3 Cr

InvestmentsRs 61 Cr

ReceivablesRs 3 Cr

Other liabilitiesRs 4 Cr

Shares outstanding (crore)0.03

Ownership

Promoter holding51.42% (+0.00 in a year)

Computed by MarketFriction from the consolidated statements. Returns use average balances.

P/B 0.37 is at the 72th percentile (median 0.00).

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	KAUSHALYA	Nifty 50	Difference
1 week	-3.0%	-2.8%	-0.2 pts
1 month	-4.9%	-6.8%	+1.9 pts
3 months	-17.2%	-7.6%	-9.5 pts
6 months	+10.4%	+0.4%	+10.0 pts
1 year	-34.9%	-9.9%	-25.0 pts
2 years	-9.9%	-13.6%	+3.7 pts
3 years	+11900.0%	+14.2%	+11885.8 pts
5 years	+30788.9%	+27.9%	+30761.0 pts

Red flags

F-score 5 of 8

explain	Weak cash conversion Cash from operations was 12% of net profit over the last 3 years
look	Profit leans on other income Other income was 237% of pre-tax profit in 2026
look	Regulator order or action Regulator order or action 2026-09-30: Kaushalya Infrastructure Development Corporation Limited has informed the Exchange about Action(s) taken or orders passed
look	On NSE surveillance On NSE surveillance: ESM

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 ₹0 Cr -50.0% vs Jun 2025. Net loss ₹0 Cr.

Activity

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No bulk or block deals on record.

Ex-date	Action	Factor
2024-09-20	Annual General Meeting
2023-09-18	Annual General Meeting
2022-09-20	Annual General Meeting
2021-09-16	Annual General Meeting
2020-09-18	Annual General Meeting
2019-09-20	Annual General Meeting
2018-09-18	Annual General Meeting
2017-09-01	Annual General Meeting
2016-09-14	Annual General Meeting
2015-09-23	Annual General Meeting (Book Closure Start Date Revised)
2014-09-25	Annual General Meeting
2013-09-19	Annual General Meeting
2012-12-13	Annual General Meeting
2011-09-21	Annual General Meeting
2010-09-20	Annual General Meeting
2009-09-11	Annual General Meeting
2008-09-17	Annual General Meeting

Date	Type	What it says
2026-09-30	Regulatory action	Action(s) taken or orders passed

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.

ESM: stage 1Less than 100 unique PAN traded in previous 30 daysScrip PE is greater than 50 (4 trailing quarters)