MarketFriction

KSE Ltd

NSE KSE · BSE 519421 · Animal Feed
₹174.84 -1.67%
NSE close2026-10-01
52 week range173.31 - 205.00
Market cap₹570 Cr.
P/E12.4
Price band 20% Delivery 93.8%

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
Sales436.54406.00416.58431.43414.35411.94391.81416.00427.39427.93409.16453.67
Expenses437.38398.19390.28406.13393.58383.61346.01366.41384.49405.77414.44453.90
Operating Profit-0.847.8126.3025.3020.7728.3345.8049.5942.9022.16-5.28-0.23
OPM %-0.19%1.92%6.31%5.86%5.01%6.88%11.69%11.92%10.04%5.18%-1.29%-0.05%
Other Income0.94-3.961.581.164.141.623.654.543.633.733.384.03
Interest0.750.980.570.570.600.620.640.650.650.650.650.67
Depreciation1.051.331.341.101.261.581.691.522.142.192.141.83
Profit before tax-1.701.5425.9724.7923.0527.7547.1251.9643.7423.05-4.691.30
Tax %-16.47%25.97%27.11%25.90%25.68%24.29%26.17%25.81%24.85%29.07%-20.26%26.92%
Net Profit-1.421.1518.9318.3717.1321.0234.7938.5532.8716.35-3.730.94
EPS in Rs-0.440.365.925.745.356.5710.8712.0510.275.11-1.170.29
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales9251,0471,3041,2091,4291,5431,6701,6101,6831,6501,6801,718
Expenses9091,0181,1961,1961,4021,4041,6591,6131,6511,5291,5711,659
Operating Profit1629108132613911-33212011060
OPM %1.8%2.8%8%1.1%1.9%9%0.7%-0.2%1.9%7%7%3.5%
Other Income225641537-0111515
Interest221122223233
Depreciation434332345688
Profit before tax122610915261509-32412311463
Tax %38%37%36%36%28%25%29%-20%27%26%26%
Net Profit816709191137-218918446
EPS in Rs2.375.1121.762.955.9135.292.05-0.745.5028.5326.2614.50
Dividend Payout %84%59%28%51%34%28%97%-269%55%28%48%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth6%2%1%5%
Compounded Profit Growth29%-5%191%-58%
Stock Price CAGR12%-5%3%-28%
Return on Equity22%16%24%26%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital333333333333
Reserves696883141127139240220211222294346
Borrowings171139444315401919212425
Other Liabilities493230422533513935323641
Total Liabilities138116156230197190335281268278357415
Fixed Assets272529272625243840435860
CWIP000001223642
Investments0035834366116476637113150
Other Assets111909211912899193194159192182202
Total Assets138116156230197190335281268278357415
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity36-52465-133534434-1514354
Cash from Investing Activity12-1-41-5337-10-4255-3224-118-9
Cash from Financing Activity-14-2118-8-26-3513-50-8-7-19-33
Net Cash Flow35-2713-1-1168-62611
Free Cash Flow47-71762-153337-1321-2312845
CFO/OP91%11%107%92%29%149%45%118%-1,152%-39%145%80%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days000000000000
Inventory Days333330313024504031383038
Days Payable843532654223
Cash Conversion Cycle253027262822443627362835
Working Capital Days416651214242822291926
ROCE %72%15%27%70%10%17%66%5%-1%13%43%34%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters25.07%24.53%23.92%23.34%23.30%23.24%23.23%23.10%23.00%22.46%22.94%22.95%
FIIs0.08%0.08%0.08%0.08%0.08%0.08%0.08%0.08%0.08%0.08%0.08%0.08%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.02%
Public74.85%75.39%76.00%76.57%76.62%76.68%76.69%76.82%76.91%77.46%76.98%76.96%
No. of Shareholders6,2796,2926,1556,1266,3166,2136,3657,3807,79610,63611,35711,592

Fundamentals

Market Cap₹ 570 Cr.
Current Price₹ 178
Stock P/E12.4
Book Value₹ 109
ROCE33.6 %
ROE25.9 %
Dividend Yield7.02 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)5%
Compounded Profit Growth (TTM)-58%
Standalone figures.
Valuation
Market capRs 559 Cr
Enterprise valueRs 545 Cr
P/E (TTM)12.05x
Price to book1.60x
Price to sales0.33x
EV / EBITDA7.33x
EV / EBIT8.25x
EV / sales0.32x
Price to cash flow10.45x
Earnings yield8.30%
Dividend yield7.15%
P/E, 3-year average3.44x
P/B, 3-year average0.68x
P/E, 5-year average5.16x
P/B, 5-year average0.52x
Profitability
Operating margin (excl. other income)6.52%
Operating margin (incl. other income)7.43%
EBITDA margin4.33%
Pre-tax margin3.69%
Net profit margin2.70%
Net margin, latest quarter0.21%
ROE26.01%
ROCE33.61%
ROA21.78%
ROE, 3-year average23.02%
ROCE, 3-year average29.72%
ROA, 3-year average19.00%
ROE, 5-year average14.16%
ROCE, 5-year average18.62%
ROA, 5-year average11.66%
ROIC (approx.)14.53%
Tax rate26.33%
Other income / net worth4.37%
Growth
Sales growth (latest year)1.88%
Profit growth (latest year)-7.96%
Sales CAGR, 3 years1.44%
Sales CAGR, 5 years1.72%
Profit CAGR, 5 years-5.74%
Sales growth QoQ10.88%
Sales growth YoY (latest quarter)9.06%
Profit growth YoY (latest quarter)-97.56%
Per share
EPS (TTM)Rs 14.51
EPS (latest year)Rs 26.26
EPS (latest quarter)Rs 0.29
EPS, 3-year averageRs 122.20
EPS, 5-year averageRs 75.94
Book value per shareRs 109.22
Sales per shareRs 536.92
Cash flow per shareRs 16.73
Free cash flow per shareRs 14.06
Dividend per share (latest year)Rs 12.50
Dividend per share, 3-year averageRs 40.82
Dividend per share, 5-year averageRs 32.49
Dividends
Dividend payout47.60%
Dividend payout, 3-year average43.38%
Dividend payout, 5-year average56.89%
Efficiency
Asset turnover4.05x
Fixed asset turnover27.96x
Inventory turnover10.24x
Inventory days36 days
Debtor days0 days
Debtors turnover1750.47x
Creditor days3 days
Cash conversion cycle35 days
Working capital days26 days
Leverage
Total debtRs 25 Cr
Cash and bankRs 40 Cr
Net debtRs -15 Cr
Debt to equity0.07x
Net debt / EBITDA-0.20x
Interest coverage25.20x
Owners' fund to total sources84.22%
Debt to assets5.99%
Cash flow
Cash from Operating Activity (latest year)Rs 54 Cr
Cash from Investing Activity (latest year)Rs -9 Cr
Cash from Financing Activity (latest year)Rs -33 Cr
Net Cash Flow (latest year)Rs 11 Cr
Free cash flow (latest year)Rs 45 Cr
FCFE (approx.: FCF + change in debt)Rs 46 Cr
Cash from ops / profit, 5 years1.11x
Sales to cash flow31.40x
Statement figures
Net sales (TTM)Rs 1,718 Cr
Net sales (latest year)Rs 1,680 Cr
Sales (latest quarter)Rs 454 Cr
Operating profit excl. other income (latest year)Rs 110 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 15 Cr
EBITDA (TTM)Rs 74 Cr
PBDT (TTM)Rs 72 Cr
Profit before tax (TTM)Rs 63 Cr
Tax (latest year)Rs 30 Cr
Net profit (TTM)Rs 46 Cr
Net profit (latest year)Rs 84 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 8 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 1,466 Cr
Total expenditure (latest year)Rs 1,571 Cr
Total income (latest year)Rs 1,696 Cr
Share capitalRs 3 Cr
ReservesRs 346 Cr
Shareholders' fundsRs 350 Cr
Total assetsRs 415 Cr
Net blockRs 60 Cr
Capital work in progressRs 2 Cr
InvestmentsRs 150 Cr
ReceivablesRs 1 Cr
InventoryRs 143 Cr
Other liabilitiesRs 41 Cr
Shares outstanding (crore)3.20
Ownership
Promoter holding22.95% (-0.15 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).
PeriodKSENifty 50Difference
1 week-3.5%-2.8% -0.7 pts
1 month-1.7%-6.8% +5.1 pts
3 months-68.5%-7.6% -60.9 pts
6 months-59.0%+0.4% -59.4 pts
1 year-14.4%-9.9% -4.5 pts
2 years-22.9%-13.6% -9.4 pts
3 years-74.9%+14.2% -89.1 pts
5 years-74.9%+27.9% -102.8 pts

Red flags

F-score 4 of 8
No red flags in the latest statements and filings.
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 ₹454 Cr +9.1% vs Jun 2025. Net profit ₹1 Cr -97.6%.

Activity

Compare
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Narmada Agrobase Ltd9727.18.95 %
Ajooni Biotech Ltd5413.76.11 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-08-21Dividend - Rs 7.50 Per Share
2014-09-08Annual General Meeting / Dividend - Rs 20/- Per Share
2013-07-22Annual General Meeting And Dividend Rs.10/- Per Share
2012-07-20Annual General Meeting/ Div Of Rs. 11/- Per Share
2011-07-15Annual General Meeting / Div. Of Rs.10 Per Share
2010-07-16Annual General Meeting And Dividend Rs.10/- Per Share
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 KSE Ltd?

KSE Ltd (KSE) has a market capitalisation of Rs 570 Cr. at the 2026-10-01 close.

What is the P/E ratio of KSE Ltd?

KSE Ltd trades at a P/E of 12.4 on trailing twelve-month profit, at the 2026-10-01 close.

What were KSE Ltd's latest quarterly results?

In the Jun 2026 quarter, KSE Ltd sales was Rs 454 Cr (+9.1% vs Jun 2025) and net profit was Rs 1 Cr.

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

The 52-week high is Rs 205.00 and the 52-week low is Rs 173.31.

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