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 | 480 | 480 | 503 | 461 | 492 | 484 | 544 | 443 | 456 | 462 | 484 | 465 |
| Expenses | 387 | 384 | 413 | 382 | 396 | 401 | 430 | 357 | 371 | 371 | 385 | 373 |
| Operating Profit | 93 | 96 | 90 | 79 | 96 | 83 | 114 | 85 | 85 | 92 | 99 | 91 |
| OPM % | 19% | 20% | 18% | 17% | 20% | 17% | 21% | 19% | 19% | 20% | 20% | 20% |
| Other Income | 9 | 12 | 13 | 12 | 14 | 12 | 13 | 14 | 14 | 7 | 13 | 15 |
| Interest | 9 | 5 | 3 | 4 | 5 | 6 | 4 | 3 | 2 | 2 | 1 | 2 |
| Depreciation | 15 | 15 | 15 | 16 | 16 | 16 | 16 | 15 | 15 | 14 | 14 | 14 |
| Profit before tax | 78 | 88 | 84 | 72 | 90 | 75 | 107 | 82 | 83 | 83 | 97 | 91 |
| Tax % | 26% | 25% | 26% | 28% | 25% | 26% | 26% | 26% | 25% | 26% | 27% | 26% |
| Net Profit | 58 | 65 | 63 | 52 | 67 | 55 | 79 | 61 | 62 | 61 | 71 | 68 |
| EPS in Rs | 13.36 | 14.97 | 14.33 | 11.81 | 15.30 | 12.69 | 18.16 | 13.97 | 14.16 | 14.05 | 16.27 | 15.49 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,180 | 1,257 | 1,345 | 1,407 | 1,199 | 1,188 | 1,706 | 1,899 | 1,959 | 1,982 | 1,846 | 1,867 |
| Expenses | 945 | 970 | 1,142 | 1,194 | 1,004 | 925 | 1,367 | 1,654 | 1,588 | 1,609 | 1,484 | 1,500 |
| Operating Profit | 235 | 288 | 203 | 212 | 195 | 263 | 339 | 246 | 371 | 373 | 361 | 367 |
| OPM % | 20% | 23% | 15% | 15% | 16% | 22% | 20% | 13% | 19% | 19% | 20% | 20% |
| Other Income | 3 | 13 | 17 | 25 | 23 | 43 | 46 | 56 | 47 | 52 | 49 | 49 |
| Interest | 12 | 10 | 9 | 7 | 8 | 7 | 13 | 28 | 25 | 19 | 9 | 8 |
| Depreciation | 52 | 52 | 37 | 38 | 43 | 44 | 46 | 49 | 61 | 63 | 57 | 56 |
| Profit before tax | 174 | 239 | 175 | 192 | 168 | 255 | 326 | 225 | 333 | 343 | 344 | 353 |
| Tax % | 35% | 35% | 34% | 31% | 18% | 25% | 25% | 26% | 26% | 26% | 26% | |
| Net Profit | 114 | 156 | 115 | 132 | 137 | 190 | 243 | 167 | 247 | 253 | 255 | 262 |
| EPS in Rs | 26.02 | 35.85 | 26.32 | 30.25 | 31.41 | 43.59 | 55.65 | 38.26 | 56.69 | 57.96 | 58.45 | 59.97 |
| Dividend Payout % | 0% | 14% | 19% | 17% | 16% | 17% | 18% | 26% | 18% | 17% | 17% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 5% | 9% | -1% | -5% | ||
| Compounded Profit Growth | 9% | 7% | 16% | 2% | ||
| Stock Price CAGR | 12% | 20% | 22% | 27% | ||
| Return on Equity | 15% | 14% | 14% | 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 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
| Reserves | 454 | 568 | 680 | 763 | 869 | 942 | 1,132 | 1,346 | 1,468 | 1,670 | 1,883 | 2,078 |
| Borrowings | 219 | 327 | 239 | 169 | 18 | 0 | 168 | 438 | 506 | 596 | 438 | 475 |
| Other Liabilities | 390 | 338 | 421 | 325 | 422 | 400 | 328 | 551 | 355 | 297 | 403 | 416 |
| Total Liabilities | 1,084 | 1,255 | 1,361 | 1,278 | 1,330 | 1,364 | 1,650 | 2,356 | 2,351 | 2,584 | 2,745 | 2,990 |
| Fixed Assets | 442 | 488 | 436 | 437 | 422 | 418 | 382 | 358 | 599 | 734 | 678 | 627 |
| CWIP | 13 | 0 | 5 | 5 | 5 | 5 | 11 | 154 | 18 | 381 | 429 | 560 |
| Investments | 77 | 249 | 234 | 280 | 366 | 177 | 144 | 147 | 146 | 145 | 150 | 143 |
| Other Assets | 552 | 517 | 686 | 557 | 537 | 763 | 1,113 | 1,696 | 1,587 | 1,324 | 1,487 | 1,660 |
| Total Assets | 1,084 | 1,255 | 1,361 | 1,278 | 1,330 | 1,364 | 1,650 | 2,356 | 2,351 | 2,584 | 2,745 | 2,990 |
| 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 | 114 | 161 | 152 | 191 | 286 | 257 | 62 | 263 | -126 | 317 | 383 | 142 |
| Cash from Investing Activity | -107 | -255 | -38 | -77 | -117 | -183 | -226 | -470 | 153 | -320 | -136 | -106 |
| Cash from Financing Activity | -19 | 97 | -98 | -105 | -181 | -80 | 160 | 218 | -39 | 12 | -252 | -42 |
| Net Cash Flow | -12 | 2 | 16 | 10 | -12 | -6 | -3 | 11 | -12 | 9 | -5 | -6 |
| Free Cash Flow | 12 | 76 | 139 | 159 | 264 | 223 | 46 | 92 | -237 | -258 | 358 | 81 |
| CFO/OP | 85% | 90% | 84% | 125% | 163% | 157% | 48% | 104% | -25% | 107% | 125% | 63% |
| 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 | 98 | 107 | 135 | 102 | 80 | 72 | 77 | 89 | 78 | 78 | 79 | 98 |
| Inventory Days | 97 | 90 | 81 | 53 | 71 | 74 | 71 | 82 | 100 | 66 | 68 | 72 |
| Days Payable | 131 | 120 | 147 | 88 | 153 | 184 | 140 | 172 | 81 | 67 | 96 | 96 |
| Cash Conversion Cycle | 64 | 77 | 69 | 67 | -1 | -39 | 7 | -1 | 97 | 77 | 51 | 74 |
| Working Capital Days | 69 | 31 | 27 | 24 | 25 | 11 | -11 | -18 | 29 | -12 | -15 | -0 |
| ROCE % | 21% | 23% | 27% | 19% | 20% | 19% | 23% | 22% | 13% | 17% | 16% | 15% |
| 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 | 64.70% | 64.70% | 64.70% | 64.70% | 64.70% | 64.70% | 64.70% | 64.70% | 64.70% | 64.70% | 64.70% | 64.70% |
| FIIs | 2.73% | 2.71% | 2.54% | 2.45% | 2.11% | 2.66% | 2.18% | 1.76% | 1.86% | 1.78% | 1.82% | 1.77% |
| DIIs | 8.75% | 9.37% | 12.18% | 12.03% | 12.13% | 10.83% | 10.49% | 10.54% | 10.74% | 11.10% | 11.14% | 11.48% |
| Public | 23.81% | 23.21% | 20.59% | 20.82% | 21.06% | 21.80% | 22.63% | 22.98% | 22.70% | 22.42% | 22.33% | 22.06% |
| No. of Shareholders | 42,757 | 42,135 | 45,777 | 46,153 | 47,179 | 44,048 | 44,429 | 47,214 | 47,085 | 45,854 | 44,840 | 43,550 |
Fundamentals
Market Cap₹ 4,212 Cr.
Current Price₹ 964
Stock P/E15.7
Book Value₹ 481
ROCE14.7 %
ROE13.0 %
Dividend Yield1.04 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)-5%
Compounded Profit Growth (TTM)2%
Standalone figures.
Valuation
Market capRs 3,995 Cr
Enterprise valueRs 3,696 Cr
P/E (TTM)15.26x
Price to book1.90x
Price to sales2.14x
EV / EBITDA8.87x
EV / EBIT10.25x
EV / sales1.98x
Price to cash flow28.19x
Earnings yield6.55%
Dividend yield1.09%
P/E, 3-year average12.76x
P/B, 3-year average1.73x
P/E, 5-year average10.27x
P/B, 5-year average1.40x
Profitability
Operating margin (excl. other income)19.58%
Operating margin (incl. other income)22.21%
EBITDA margin22.30%
Pre-tax margin18.90%
Net profit margin14.02%
Net margin, latest quarter14.55%
ROE12.74%
ROCE14.35%
ROA8.90%
ROE, 3-year average14.13%
ROCE, 3-year average15.55%
ROA, 3-year average9.47%
ROE, 5-year average14.67%
ROCE, 5-year average16.33%
ROA, 5-year average9.53%
ROIC (approx.)14.85%
Tax rate25.87%
Other income / net worth2.31%
Growth
Sales growth (latest year)-6.88%
Profit growth (latest year)0.83%
Sales CAGR, 3 years-0.95%
Sales CAGR, 5 years9.21%
Profit CAGR, 3 years15.17%
Profit CAGR, 5 years6.04%
Sales growth QoQ-4.09%
Profit growth QoQ-4.81%
Sales growth YoY (latest quarter)4.93%
Profit growth YoY (latest quarter)10.89%
Per share
EPS (TTM)Rs 59.82
EPS (latest year)Rs 58.31
EPS (latest quarter)Rs 15.45
EPS, 3-year averageRs 57.56
EPS, 5-year averageRs 53.27
Book value per shareRs 479.81
Sales per shareRs 426.75
Cash flow per shareRs 32.39
Free cash flow per shareRs 18.51
Dividend per share (latest year)Rs 9.99
Dividend per share, 3-year averageRs 9.99
Dividend per share, 5-year averageRs 9.99
Dividends
Dividend payout17.14%
Dividend payout, 3-year average17.36%
Dividend payout, 5-year average19.25%
Efficiency
Asset turnover0.62x
Fixed asset turnover2.94x
Inventory turnover6.47x
Inventory days56 days
Debtor days98 days
Debtors turnover3.72x
Creditor days96 days
Cash conversion cycle74 days
Working capital days-0 days
Leverage
Total debtRs 475 Cr
Cash and bankRs 774 Cr
Net debtRs -299 Cr
Debt to equity0.23x
Net debt / EBITDA-0.72x
Interest coverage46.31x
Current ratio (filing 2026-03-31)1.96x
Quick ratio (filing 2026-03-31)1.71x
Trade payables (filing 2026-03-31)Rs 269 Cr
Owners' fund to total sources70.21%
Debt to assets15.88%
Cash flow
Cash from Operating Activity (latest year)Rs 142 Cr
Cash from Investing Activity (latest year)Rs -106 Cr
Cash from Financing Activity (latest year)Rs -42 Cr
Net Cash Flow (latest year)Rs -6 Cr
Free cash flow (latest year)Rs 81 Cr
FCFE (approx.: FCF + change in debt)Rs 118 Cr
Cash from ops / profit, 5 years0.84x
Sales to cash flow13.02x
Statement figures
Net sales (TTM)Rs 1,867 Cr
Net sales (latest year)Rs 1,846 Cr
Sales (latest quarter)Rs 465 Cr
Operating profit excl. other income (latest year)Rs 361 Cr
Operating profit (latest quarter)Rs 91 Cr
Other income (TTM)Rs 49 Cr
EBITDA (TTM)Rs 417 Cr
PBDT (TTM)Rs 409 Cr
Profit before tax (TTM)Rs 353 Cr
Tax (latest year)Rs 89 Cr
Net profit (TTM)Rs 262 Cr
Net profit (latest year)Rs 255 Cr
Net profit (latest quarter)Rs 68 Cr
Depreciation (TTM)Rs 56 Cr
Depreciation (latest quarter)Rs 14 Cr
Interest (TTM)Rs 8 Cr
Cost of goods sold (latest year)Rs 1,299 Cr
Total expenditure (latest year)Rs 1,484 Cr
Total income (latest year)Rs 1,894 Cr
Share capitalRs 22 Cr
ReservesRs 2,078 Cr
Shareholders' fundsRs 2,100 Cr
Total assetsRs 2,990 Cr
Net blockRs 627 Cr
Capital work in progressRs 560 Cr
InvestmentsRs 143 Cr
ReceivablesRs 496 Cr
InventoryRs 201 Cr
Other liabilitiesRs 416 Cr
Shares outstanding (crore)4.38
Ownership
Promoter holding64.70% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 15.3 is at the 88th percentile of its own 9.4-year range
(median 9.4, low 4.2, high 23.5).
P/B 1.90 is at the 71th percentile (median 1.43).
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 | KSL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -6.3% | -2.8% | -3.5 pts |
| 1 month | +1.4% | -6.8% | +8.2 pts |
| 3 months | +3.5% | -7.6% | +11.1 pts |
| 6 months | +58.0% | +0.4% | +57.6 pts |
| 1 year | +14.3% | -9.9% | +24.3 pts |
| 2 years | +6.7% | -13.6% | +20.3 pts |
| 3 years | +70.5% | +14.2% | +56.3 pts |
| 5 years | +138.0% | +27.9% | +110.1 pts |
7 mutual fund schemes hold about ₹467 Cr.
Over three months 1 bought more and 3 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Quant Infrastructure Fund | 7.07% | 224 | +1% |
| DSP Small Cap Fund | 0.71% | 155 | -9% |
| Quant Commodities Fund | 10.72% | 37 | +5% |
| ICICI Pru Small Cap Fund | 0.25% | 25 | -31% |
| ICICI Pru Small Cap Fund | 0.25% | 24 | -31% |
| Quant Small Cap Fund | 0.01% | 3 | -3% |
| Motilal Oswal BSE 1000 Index Fund | 0.01% | 0 | -3% |
Red flags
F-score 5 of 8No 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 2026Sales ₹465 Cr +5.0% vs Jun 2025.
Net profit ₹68 Cr +11.5%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Welspun Corp Ltd | 74,969 | 32.5 | 22.9 % |
| APL Apollo Tubes Ltd | 60,768 | 49.4 | 31.8 % |
| Shyam Metalics & Energy Ltd | 29,979 | 26.7 | 13.0 % |
| Ratnamani Metals & Tubes Ltd | 19,859 | 45.3 | 17.9 % |
| Jindal Saw Ltd | 17,759 | 27.2 | 10.4 % |
| Usha Martin Ltd | 15,204 | 27.9 | 19.5 % |
| Godawari Power & Ispat Ltd | 14,902 | 18.2 | 20.5 % |
| Gallantt Ispat Ltd. | 13,007 | 29.8 | 18.2 % |
| Maharashtra Seamless Ltd | 9,672 | 13.1 | 14.3 % |
| Jayaswal Neco Industries Ltd | 8,997 | 15.7 | 20.7 % |
| Sunflag Iron & Steel Company Ltd | 8,368 | 39.4 | 4.07 % |
| Man Industries (India) Ltd | 7,198 | 35.2 | 16.2 % |
| Aeroflex Industries Ltd | 7,141 | 106 | 18.9 % |
| Technocraft Industries (India) Ltd | 6,635 | 19.5 | 16.3 % |
| Shivalik Bimetal Controls Ltd | 6,402 | 60.1 | 26.6 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-07-31 | Dividend - Rs 10 Per Share | |
| 2025-08-11 | Dividend - Rs 10 Per Sh | |
| 2024-08-14 | Dividend - Rs 10 Per Share | |
| 2023-08-11 | Annual General Meeting/Dividend - Rs 10 Per Share | |
| 2022-07-22 | Dividend - Rs 10 Per Share | |
| 2021-08-26 | Dividend - Rs 7.50 Per Share | |
| 2020-03-12 | Interin Dividend - Rs 5 Per Sh | |
| 2019-08-16 | Annual General Meeting/Dividend - Rs 5 Per Share | |
| 2018-08-10 | Annual General Meeting/Dividend- Rs 5 Per Share | |
| 2017-07-24 | Annual General Meeting/Dividend - Rs 5 Per Share | |
| 2016-08-09 | Annual General Meeting | |
| 2015-08-11 | Annual General Meeting | |
| 2014-08-27 | Annual General Meeting / Dividend - Rs 3/- Per Share | |
| 2013-07-18 | Annual General Meeting / Dividend - Rs 1.50/- Per Share | |
| 2012-07-19 | Annual General Meeting/ Dividend Re.1/- Per Share | |
| 2011-08-04 | Annual General Meeting And Dividend Rs.2/- Per Share | |
| 2010-08-12 | Annual General Meeting And Dividend Rs.1.25 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.