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 | 6 | 2 | 4 | 13 | 22 | 25 | 26 | 39 | 49 | 51 | 45 | 52 |
| Expenses | 7 | 7 | 16 | 13 | 21 | 26 | 40 | 40 | 54 | 67 | 69 | 75 |
| Operating Profit | -1 | -4 | -13 | 0 | 0 | -1 | -14 | -0 | -5 | -16 | -24 | -22 |
| OPM % | -21% | -204% | -361% | 2.8% | 2.1% | -3.4% | -53% | -1.2% | -10% | -32% | -54% | -43% |
| Other Income | 66 | 1 | -0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | -0 |
| Interest | 0 | 0 | 3 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 3 | 5 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 | -1 | 2 | 2 | 2 | 6 | 2 |
| Profit before tax | 64 | -4 | -16 | 0 | 0 | -4 | -13 | -2 | -7 | -19 | -32 | -29 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 64 | -4 | -16 | 0 | 0 | -4 | -13 | -2 | -7 | -19 | -32 | -29 |
| EPS in Rs | 51.54 | -3.26 | -12.43 | 0.22 | 0.02 | -0.83 | -1.40 | -0.20 | -0.61 | -1.72 | -2.96 | -2.68 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 18 | 18 | 12 | 9 | 10 | 14 | 87 | 178 | 197 |
| Expenses | 21 | 20 | 13 | 13 | 16 | 34 | 101 | 239 | 265 |
| Operating Profit | -3 | -3 | -1 | -4 | -7 | -20 | -14 | -60 | -68 |
| OPM % | -14% | -15% | -10% | -39% | -70% | -146% | -16% | -34% | -34% |
| Other Income | 4 | -4 | 1 | 3 | -2 | 63 | 1 | 3 | 2 |
| Interest | 0 | 0 | 0 | 10 | 11 | 3 | 2 | 4 | 8 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 12 | 12 |
| Profit before tax | 1 | -7 | -1 | -11 | -20 | 40 | -16 | -72 | -86 |
| Tax % | 0% | 0% | 0% | 1% | 0% | 21% | 0% | 0% | |
| Net Profit | 1 | -7 | -1 | -11 | -20 | 32 | -16 | -72 | -86 |
| EPS in Rs | 0.49 | -5.65 | -0.54 | -8.80 | -15.84 | 25.38 | -1.74 | -6.68 | -7.97 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 72% | 165% | 75% | ||
| Compounded Profit Growth | % | % | % | -368% | ||
| Stock Price CAGR | % | % | % | -73% | ||
| Return on Equity | % | % | % | -35% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 6 | 46 | 54 |
| Reserves | 4 | -4 | -4 | -37 | -57 | 2 | 134 | 177 |
| Borrowings | 13 | 13 | 13 | 63 | 73 | 33 | 5 | 58 |
| Other Liabilities | 56 | 44 | 45 | 11 | 23 | 10 | 15 | 22 |
| Total Liabilities | 82 | 63 | 64 | 46 | 48 | 52 | 200 | 311 |
| Fixed Assets | 59 | 42 | 42 | 27 | 28 | 30 | 39 | 70 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 98 |
| Other Assets | 23 | 21 | 22 | 19 | 20 | 22 | 161 | 144 |
| Total Assets | 82 | 63 | 64 | 46 | 48 | 52 | 200 | 311 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1 | -26 | 1 | -22 | 1 | -35 | -124 | 145 |
| Cash from Investing Activity | -0 | 24 | 0 | 4 | -0 | 111 | -9 | -156 |
| Cash from Financing Activity | -1 | 2 | -1 | 18 | -1 | -75 | 154 | -0 |
| Net Cash Flow | -0 | -0 | -0 | -0 | 0 | 1 | 21 | -11 |
| Free Cash Flow | 0 | -2 | 1 | -18 | 1 | 12 | -133 | 114 |
| CFO/OP | -27% | 995% | -94% | 608% | -18% | 170% | 876% | -240% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 100 | 122 | 154 | 87 | 104 | 5 | 23 | 70 |
| Inventory Days | 48 | 37 | 58 | 111 | 120 | 56 | 41 | 52 |
| Days Payable | 319 | 200 | 285 | 119 | 86 | 16 | 41 | 31 |
| Cash Conversion Cycle | -171 | -40 | -74 | 79 | 137 | 45 | 23 | 92 |
| Working Capital Days | -879 | -659 | -1,026 | -62 | -429 | -879 | 454 | 37 |
| ROCE % | -9% | -4% | -11% | -20% | -170% | -13% | -29% |
| 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 | 21.45% | 21.45% | 21.45% | 21.45% | 53.38% | 53.38% | 47.75% | 47.25% | 47.86% | 47.37% | 47.38% | 47.32% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.02% |
| DIIs | 22.22% | 22.22% | 22.22% | 20.86% | 5.99% | 5.36% | 2.53% | 2.49% | 2.18% | 2.14% | 2.05% | 2.05% |
| Government | 0.03% | 0.03% | 0.03% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 56.29% | 56.29% | 56.29% | 57.65% | 40.63% | 41.25% | 49.73% | 50.26% | 49.97% | 50.46% | 50.54% | 50.59% |
| No. of Shareholders | 50,685 | 50,661 | 50,663 | 50,508 | 50,317 | 50,016 | 51,482 | 52,832 | 52,854 | 53,209 | 52,742 | 52,760 |
Fundamentals
Market Cap₹ 1,631 Cr.
Current Price₹ 150
Book Value₹ 21.4
ROCE-28.9 %
ROE-35.0 %
Dividend Yield0.00 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)75%
Compounded Profit Growth (TTM)-368%
Consolidated figures.
Valuation
Market capRs 1,598 Cr
Enterprise valueRs 1,630 Cr
Price to book205.15x
Price to sales8.12x
EV / sales8.28x
Earnings yield-5.38%
Profitability
Operating margin (excl. other income)-145.89%
Operating margin (incl. other income)317.30%
EBITDA margin-33.50%
Pre-tax margin-43.64%
Net profit margin-43.66%
Net margin, latest quarter-55.11%
ROE-159.49%
ROCE129.94%
ROA63.68%
ROE, 3-year average-2.72%
ROCE, 3-year average32.50%
ROA, 3-year average0.59%
ROE, 5-year average-18.88%
ROCE, 5-year average12.52%
ROA, 5-year average-1.80%
ROIC (approx.)-153.02%
Tax rate21.40%
Other income / net worth811.04%
Growth
Sales growth (latest year)42.38%
Sales CAGR, 3 years4.71%
Sales CAGR, 5 years-5.75%
Profit CAGR, 5 years120.35%
Sales growth QoQ17.79%
Sales growth YoY (latest quarter)33.78%
Per share
EPS (TTM)Rs -7.91
EPS (latest year)Rs 25.38
EPS (latest quarter)Rs -2.66
EPS, 3-year averageRs 3.10
EPS, 5-year averageRs 1.15
Book value per shareRs 0.72
Sales per shareRs 18.13
Cash flow per shareRs -3.23
Free cash flow per shareRs 10.49
Efficiency
Asset turnover0.26x
Fixed asset turnover0.46x
Inventory turnover7.65x
Inventory days48 days
Debtor days5 days
Debtors turnover71.79x
Creditor days31 days
Cash conversion cycle92 days
Working capital days37 days
Leverage
Total debtRs 33 Cr
Cash and bankRs 1 Cr
Net debtRs 32 Cr
Debt to equity4.28x
Interest coverage-9.52x
Owners' fund to total sources15.12%
Debt to assets64.64%
Cash flow
Cash from Operating Activity (latest year)Rs -35 Cr
Cash from Investing Activity (latest year)Rs 111 Cr
Cash from Financing Activity (latest year)Rs -75 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs 114 Cr
FCFE (approx.: FCF + change in debt)Rs 75 Cr
Statement figures
Net sales (TTM)Rs 197 Cr
Net sales (latest year)Rs 14 Cr
Sales (latest quarter)Rs 52 Cr
Operating profit excl. other income (latest year)Rs -20 Cr
Operating profit (latest quarter)Rs -22 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs -66 Cr
PBDT (TTM)Rs -74 Cr
Profit before tax (TTM)Rs -86 Cr
Tax (latest year)Rs 9 Cr
Net profit (TTM)Rs -86 Cr
Net profit (latest year)Rs 32 Cr
Net profit (latest quarter)Rs -29 Cr
Depreciation (TTM)Rs 12 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 8 Cr
Cost of goods sold (latest year)Rs 11 Cr
Total expenditure (latest year)Rs 34 Cr
Total income (latest year)Rs 77 Cr
Share capitalRs 6 Cr
ReservesRs 2 Cr
Shareholders' fundsRs 8 Cr
Total assetsRs 52 Cr
Net blockRs 30 Cr
ReceivablesRs 0 Cr
InventoryRs 1 Cr
Other liabilitiesRs 10 Cr
Shares outstanding (crore)10.86
Ownership
Promoter holding47.32% (+0.07 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 | KOTIC | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +2.3% | -2.8% | +5.1 pts |
| 1 month | +4.5% | -6.8% | +11.3 pts |
| 3 months | -5.8% | -7.6% | +1.8 pts |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was -6029% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 130% of total assets in 2026 |
| look | Profit leans on other income Other income was 157% 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 ₹52 Cr +33.3% vs Jun 2025.
Net loss ₹29 Cr.
Activity
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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 Kothari Industrial Corporation Ltd?
Kothari Industrial Corporation Ltd (KOTIC) has a market capitalisation of Rs 1,631 Cr. at the 2026-10-01 close.
What were Kothari Industrial Corporation Ltd's latest quarterly results?
In the Jun 2026 quarter, Kothari Industrial Corporation Ltd sales was Rs 52 Cr (+33.3% vs Jun 2025) with a net loss of Rs 29 Cr.
What is the 52-week high and low of Kothari Industrial Corporation Ltd?
The 52-week high is Rs 223.70 and the 52-week low is Rs 123.12.