Kalind Ltd
526935Kalind Ltd's multiple sits at its floor because earnings outran a 13× five-year rally — compression born of growth, not neglect. The quarters are still improving, and the P/E sits at the 30th percentile of its own 3-year range.
The sharpest disagreement: profits are rising, but only −234% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.
The price is in a confirmed uptrend (86 weeks in) while the P/E sits at the 30th percentile of its own 3-year range. Underneath, the last four quarters read improving — profit +200.0% year on year, and −234% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Kalind Ltd trades at ₹9.9, in a confirmed uptrend and 86 weeks into that stage. That is −2.5% against its own 200-day average. It sits at 0% of a 52-week range of ₹10 to ₹102. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (12 weeks and counting).
Today the stock is in a confirmed uptrend — week 86 of stage 2, confirmed. At ₹9.9 it trades −2.5% versus its 200-day average and sits at 0% of its 52-week range (₹10–₹102).
Against the market, two honest reads. Cumulative: over the last 10.4 years the stock moved +6,957% while the NIFTY 500 moved +274% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (12 weeks and counting; last ahead the week of 2026-06-09) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Kalind Ltd trades at 21.8× P/E, near the bottom of its own range — cheaper only 30% of the time. Its long-run median P/E is 40.6×, measured across 3.0 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 21.8× is near the bottom of its own range — cheaper only 30% of the time, against a long-run median of 40.6× measured over 3.0 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
The price move, decomposed: over 3y, of the +123.1%/yr price move, ~+182.3%/yr came from earnings growth and ~−59.2 pp from the multiple (compressing). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.
Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Kalind Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 7 quarters across 1 curve, on partial evidence.
Why it matters: with too little history, an honest page says so instead of guessing a trajectory.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | — | +198.8% | +134.8% | +54.2% |
| Profit | — | — | +110.1% | +70.5% |
| EPS | — | — | +43.1% | +40.5% |
| Share price | −49.8% | +123.1% | +66.2% | +51.0% |
4-Factor Sector Score
55.2/100 — rank 7 of 20 in Diversified · 67% evidence confidence
Kalind Ltd scores 55.2 out of 100 against the 20 companies it is compared with in Diversified, ranking 7. Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -84.1% and the one-year return is -44.6%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
The four contributions add to the total exactly: 23.6 + 18.2 + 10.6 + 2.8 = 55.2. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Kalind Ltd reported ₹35.0 Cr of revenue in the Jun 26 quarter, +150.0% year on year. Over 10 years it has compounded at 54.2% a year. The last full year, FY26, came in at ₹80.0 Cr. The last four reported quarters add to ₹101 Cr.
FY26 revenue came in at ₹80.0 Cr (null on the year), capping 10 years at 54.2% compound. The latest quarter (Jun 26) printed ₹35.0 Cr, +150.0% year on year.
Pace check: the last four quarters averaged +150.0% growth against the decade's 54.2% — the current year is running faster than its own long-run rate.
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Kalind Ltd's operating margin is 63.0% in the Jun 26 quarter, +21.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged −96.3% to 74.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 63.0%, +21.0 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged −96.3%–74.0%.
Why the margin moved: operating margin went +20.7 pp year on year while gross margin went +47.6 pp — the gain came mostly from the gross line: input costs and pricing.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Kalind Ltd earned ₹15.0 Cr of net profit in the Jun 26 quarter, +200.0% year on year. Full-year FY26 profit was ₹27.0 Cr. The 10-year compound rate is 70.5%. That is 42.9% of the quarter's revenue. The same quarter a year earlier earned ₹5.0 Cr.
Jun 26 profit was ₹15.0 Cr, +200.0% year on year. On the full year, FY26 printed ₹27.0 Cr (null), and the 10-year compound rate is 70.5%.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years −234% of Kalind Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹−66.0 Cr of operating cash against ₹27.0 Cr of profit. After ₹60.0 Cr of capital spending, ₹−126 Cr was left as free cash. Cash resolution here is annual, because quarterly cash statements are not published.
FY26: operating cash of ₹−66.0 Cr against reported profit of ₹27.0 Cr, leaving free cash of ₹−126 Cr after ₹60.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is −234% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at −234%: the cash cycle stretched 221 days between FY21 and FY26 — more of each rupee of profit waits inside the cycle before arriving. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: conversion is below par and the cash cycle has stretched 221 days — the next section's job is to find where the cash is stuck.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Kalind Ltd's cash conversion cycle runs 221 days in FY26, up from 0 days in FY21. Capital spending ran ₹58.0 Cr over the last 3 years. At FY26 sales of ₹80.0 Cr each day of that cycle holds about ₹0.2 Cr, so roughly ₹48.0 Cr sits inside the business at any moment.
FY26: debtors at 223 days, inventory at 76 days — roughly 2.5 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 221 days, looser than FY21's 0.
The full loop: cash goes out to suppliers and production on day 0; stock waits 76 days to sell; customers pay about 223 days after that; and suppliers themselves are paid at 78 days — netting out to the 221-day cycle.
In money terms: at FY26 sales of ₹80.0 Cr, each day of the cycle holds about ₹0.2 Cr — so the 221-day loop keeps roughly ₹48.0 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹58.0 Cr over the last 3 fiscal years against ₹5.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the working-capital loop is the cash sink the router flagged — watch the cycle, not the P&L.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Kalind Ltd earns a ROCE of 32% in FY26. That is up from a trough of −5% in FY25. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 33.8% net margin on 0.33× asset turns.
FY26 ROCE is 32%, recovered from a FY25 trough of −5% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY26): 33.8% net margin × 0.33× asset turns × 1.13× balance-sheet leverage ≈ 12.6% on equity. Margin is doing the heavy lifting; leverage is modest — this is an earned return, not a borrowed one.
Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.
Kalind Ltd carries ₹10.0 Cr of borrowings against ₹212 Cr of equity in FY26, a debt-to-equity of 0.05. Over 5 years borrowings went from ₹0.0 Cr to ₹10.0 Cr. Capital spending ran ₹58.0 Cr across the last 3 of those years.
FY26: borrowings of ₹10.0 Cr against equity of ₹212 Cr — a debt-to-equity of 0.05. Over 5 years borrowings went from ₹0.0 Cr to ₹10.0 Cr while capital spending ran ₹58.0 Cr in just the last 3 — part of the build-out is riding on borrowed money.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Promoters cut 56.4 points of Kalind Ltd over 8 quarters, the biggest move on the register. That takes promoters to 13.8% of the company. Domestic institutions moved +1.5 points over the same window, to 1.5%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Promoters: −56.4 points over 8 quarters to 13.8%; Domestic institutions: +1.5 points over 8 quarters to 1.5%. Note the structure: promoters hold under 20% — this is a widely-held company where institutions, not a family, set the direction.
🚨 Why the register moved: promoters drove it (−56.4 points), absorbed on the other side by domestic institutions (+1.5 points) — distribution into the market’s bid.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Kalind Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Indiabulls LimitedIBULLSLTD | 61.6/100Mixed-positive evidence67% evidence | LEADER | 18.3/35 Revenue 100% · PAT 100% · OPM change 28 pp 71% evidence | 14.2/25 ROCE 16.2% · OPM 43% 76% evidence | 10.6/20 P/E 13.2× · PEG — 15% evidence | 18.5/20 RS sector 45.4% · RS bench 50.9% · 1Y 82.1%12 of 12 weeks ahead 100% evidence |
| Exact sum: 18.3 + 14.2 + 10.6 + 18.5 = 61.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2BCL Industries LtdBCLIND | 61.0/100Mixed-positive evidence83% evidence | FADING | 19.3/35 Revenue -0.8% · PAT 21.1% · OPM change 2 pp 83% evidence | 14.4/25 ROCE 13.9% · OPM 9% 95% evidence | 13.1/20 P/E 9.4× · PEG — 50% evidence | 14.2/20 RS sector -0.4% · RS bench 4.6% · 1Y -17.6%9 of 12 weeks ahead 100% evidence |
| Exact sum: 19.3 + 14.4 + 13.1 + 14.2 = 61 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 33M India Ltd3MINDIA | 59.1/100Mixed-positive evidence90% evidence | TURNING | 17.6/35 Revenue 11.5% · PAT -7.5% · OPM change -1.8 pp 88% evidence | 20.0/25 ROCE 40.5% · OPM 17.2% 100% evidence | 11.7/20 P/E 63.8× · PEG 1.25 100% evidence | 9.8/20 RS sector -3.7% · RS bench 3.4% · 1Y 10.8%2 of 10 weeks ahead 70% evidence |
| Exact sum: 17.6 + 20 + 11.7 + 9.8 = 59.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4Grasim Industries LtdGRASIM | 57.6/100Mixed-positive evidence78% evidence | LEADER | 22.9/35 Revenue 18.1% · PAT 32.8% · OPM change 1 pp 83% evidence | 12.8/25 ROCE 8% · OPM 21% 76% evidence | 6.7/20 P/E 42.2× · PEG — 50% evidence | 15.2/20 RS sector 2.2% · RS bench 6.9% · 1Y 14.5%11 of 12 weeks ahead 100% evidence |
| Exact sum: 22.9 + 12.8 + 6.7 + 15.2 = 57.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5Sobhagya Mercantile Ltd512014 | 56.7/100Mixed-positive evidence71% evidence | ASLEEP | 18.6/35 Revenue 49.3% · PAT 41.8% · OPM change -3.7 pp 83% evidence | 18.5/25 ROCE 23.4% · OPM 10.9% 76% evidence | 9.7/20 P/E 43.3× · PEG — 15% evidence | 9.9/20 RS sector -1% · RS bench 3.7% · 1Y 62.5%6 of 12 weeks ahead 100% evidence |
| Exact sum: 18.6 + 18.5 + 9.7 + 9.9 = 56.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 6Texmaco Infrastructure & Holdings LtdTEXINFRA | 55.9/100Mixed-positive evidence76% evidence | LEADER | 24.3/35 Revenue 9.9% · PAT 100% · OPM change 78.8 pp 83% evidence | 5.5/25 ROCE 1.4% · OPM -41.9% 95% evidence | 8.7/20 P/E 133× · PEG — 15% evidence | 17.4/20 RS sector 7.9% · RS bench 12.9% · 1Y 15.7%8 of 12 weeks ahead 100% evidence |
| Exact sum: 24.3 + 5.5 + 8.7 + 17.4 = 55.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 7Kalind Ltdthis page526935 | 55.2/100Mixed-positive evidence67% evidence | BASING | 23.6/35 Revenue — · PAT — · OPM change 21 pp 52% evidence | 18.2/25 ROCE 32% · OPM 63% 76% evidence | 10.6/20 P/E 21.8× · PEG — 50% evidence | 2.8/20 RS sector -84.1% · RS bench 2% · 1Y -44.6%1 of 12 weeks ahead 100% evidence |
| Exact sum: 23.6 + 18.2 + 10.6 + 2.8 = 55.2 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -84.1% and the one-year return is -44.6%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 8Balmer Lawrie & Company LtdBALMLAWRIE | 53.8/100Mixed-positive evidence82% evidence | ASLEEP | 16.6/35 Revenue 8.9% · PAT 3.8% · OPM change 1 pp 95% evidence | 15.3/25 ROCE 14.6% · OPM 13% 76% evidence | 14.5/20 P/E 10.6× · PEG — 50% evidence | 7.4/20 RS sector -13.8% · RS bench -9.4% · 1Y -20.2%2 of 12 weeks ahead 100% evidence |
| Exact sum: 16.6 + 15.3 + 14.5 + 7.4 = 53.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 9Tube Investments of India LtdTIINDIA | 46.1/100Mixed-negative evidence96% evidence | ASLEEP | 18.6/35 Revenue 17.4% · PAT 6.1% · OPM change 2 pp 88% evidence | 17.9/25 ROCE 17.1% · OPM 9% 100% evidence | 2.0/20 P/E 80.6× · PEG 9.63 100% evidence | 7.6/20 RS sector -9.1% · RS bench -4.8% · 1Y -4.5%9 of 12 weeks ahead 100% evidence |
| Exact sum: 18.6 + 17.9 + 2 + 7.6 = 46.1 · Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression. | ||||||
| 10Nurture Well Industries Ltd531889 | 45.0/100Mixed-negative evidence71% evidence | ASLEEP | 15.8/35 Revenue 34% · PAT 27% · OPM change -9.1 pp 83% evidence | 15.0/25 ROCE 22.9% · OPM 0.2% 76% evidence | 11.5/20 P/E 8.6× · PEG — 15% evidence | 2.7/20 RS sector -21.8% · RS bench -18.1% · 1Y 23.1%0 of 12 weeks ahead 100% evidence |
| Exact sum: 15.8 + 15 + 11.5 + 2.7 = 45 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 11Bluspring Enterprises LtdBLUSPRING | 43.0/100Thin evidence · provisional57% evidence | TURNING | 18.4/35 Revenue 11.8% · PAT 90.6% · OPM change 0.7 pp 71% evidence | 3.5/25 ROCE 5.1% · OPM 2.2% 95% evidence | 8.9/20 P/E 114× · PEG — 15% evidence | 12.2/20 RS sector — · RS bench 51.5% · 1Y 23.7%10 of 10 weeks ahead 25% evidence |
| Exact sum: 18.4 + 3.5 + 8.9 + 12.2 = 43 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 12Nava LtdNAVA | 41.7/100Mixed-negative evidence89% evidence | ASLEEP | 9.8/35 Revenue 7.8% · PAT -27.6% · OPM change -5 pp 88% evidence | 14.3/25 ROCE 12.8% · OPM 32% 100% evidence | 13.1/20 P/E 20.5× · PEG 1.16 65% evidence | 4.5/20 RS sector -13.4% · RS bench -9.3% · 1Y -9.6%3 of 12 weeks ahead 100% evidence |
| Exact sum: 9.8 + 14.3 + 13.1 + 4.5 = 41.7 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 13Swan Corp LtdSWANCORP | 35.8/100Thin evidence · provisional58% evidence | ASLEEP | 15.1/35 Revenue -11.5% · PAT -69% · OPM change -31.6 pp 62% evidence | 6.3/25 ROCE 3.9% · OPM -30% 76% evidence | 10.1/20 P/E 35.2× · PEG — 15% evidence | 4.3/20 RS sector -29.3% · RS bench -22.8% · 1Y -35%0 of 10 weeks ahead 70% evidence |
| Exact sum: 15.1 + 6.3 + 10.1 + 4.3 = 35.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 14Andrew Yule & Company LtdANDREWYU | 34.7/100Thin evidence · provisional55% evidence | TURNING | 13.2/35 Revenue -4.8% · PAT -80% · OPM change -9 pp 62% evidence | 3.5/25 ROCE -6.3% · OPM -52% 76% evidence | 10.0/20 P/E — · PEG — 0% evidence | 8.0/20 RS sector -37% · RS bench 13.8% · 1Y -5.2%10 of 11 weeks ahead 70% evidence |
| Exact sum: 13.2 + 3.5 + 10 + 8 = 34.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 15Integrated Industries LtdIIL | 64.5/100Thin evidence · provisional50% evidence | 20.6/35 Revenue 60.5% · PAT 94.6% · OPM change 2 pp 53% evidence | 16.7/25 ROCE 30.5% · OPM 11% 57% evidence | 11.0/20 P/E 11.6× · PEG — 15% evidence | 16.2/20 RS sector 51.9% · RS bench 63.7% · 1Y 114.3%11 of 12 weeks ahead to 2026-03-08 70% evidence | |
| Exact sum: 20.6 + 16.7 + 11 + 16.2 = 64.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 16Arunis Abode LtdARUNIS | 50.8/100Thin evidence · provisional45% evidence | 15.3/35 Revenue 100% · PAT 100% · OPM change -17.7 pp 40% evidence | 9.4/25 ROCE -5.3% · OPM 28.5% 57% evidence | 9.4/20 P/E 62.5× · PEG — 15% evidence | 16.7/20 RS sector 131.3% · RS bench 136.7% · 1Y 395.6%12 of 12 weeks ahead to 2026-03-08 70% evidence | |
| Exact sum: 15.3 + 9.4 + 9.4 + 16.7 = 50.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 17Piramal Enterprises Ltd(Merged)PEL | 47.8/100Thin evidence · provisional41% evidence | 19.0/35 Revenue 13.3% · PAT 100% · OPM change -0.7 pp 27% evidence | 11.8/25 ROCE 6.8% · OPM 65.1% 57% evidence | 9.6/20 P/E 49× · PEG — 15% evidence | 7.4/20 RS sector -20.3% · RS bench 1% · 1Y -12.1%6 of 12 weeks ahead to 2025-09-24 70% evidence | |
| Exact sum: 19 + 11.8 + 9.6 + 7.4 = 47.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 18Bharat Global Developers LtdBGDL | 46.9/100Thin evidence · provisional47% evidence | 15.6/35 Revenue -74% · PAT -80% · OPM change 4.2 pp 53% evidence | 10.8/25 ROCE 11.3% · OPM — 46% evidence | 8.5/20 P/E 291× · PEG — 15% evidence | 12.0/20 RS sector 165.8% · RS bench -70.1% · 1Y -17.1%0 of 12 weeks ahead to 2026-03-08 70% evidence | |
| Exact sum: 15.6 + 10.8 + 8.5 + 12 = 46.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 19Rossell India LtdROSSELLIND | 41.1/100Thin evidence · provisional47% evidence | 14.5/35 Revenue 4.8% · PAT -41.1% · OPM change 0.1 pp 36% evidence | 11.0/25 ROCE 6.4% · OPM 10.7% 71% evidence | 10.8/20 P/E 11.8× · PEG — 15% evidence | 4.8/20 RS sector -28.8% · RS bench -19.6% · 1Y -35%0 of 12 weeks ahead to 2026-03-29 70% evidence | |
| Exact sum: 14.5 + 11 + 10.8 + 4.8 = 41.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 20Kesar Enterprises LtdKESAR | 33.6/100Thin evidence · provisional42% evidence | 14.2/35 Revenue -55.3% · PAT -80% · OPM change 7.4 pp 40% evidence | 5.9/25 ROCE -26.2% · OPM 2.8% 57% evidence | 10.0/20 P/E — · PEG — 0% evidence | 3.5/20 RS sector -44.4% · RS bench -39.4% · 1Y -66.4%0 of 12 weeks ahead to 2026-03-08 70% evidence | |
| Exact sum: 14.2 + 5.9 + 10 + 3.5 = 33.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Kalind Ltd's share price today?
Kalind Ltd trades at ₹9.9, −49.8% over the past year. The company is valued at ₹903 Cr. The stock sits at 0% of its 52-week range of ₹10–₹102, −2.5% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 86 weeks in. — as of 31 July 2026.
What were Kalind Ltd's latest quarterly results?
Kalind Ltd reported revenue of ₹35.0 Cr and net profit of ₹15.0 Cr for the Jun 26 quarter. Revenue rose 150.0% and profit rose 200.0% year on year. Earnings per share were ₹0.16. The operating margin was 63.0%, 21.0 pp higher than a year earlier. — as of 31 July 2026.
What is Kalind Ltd's revenue?
Kalind Ltd reported revenue of ₹35.0 Cr in the Jun 26 quarter, +150.0% year on year. For the full FY26 fiscal year, revenue was ₹80.0 Cr. Over the last 10 years revenue compounded at 54.2% a year. — as of 31 July 2026.
What is Kalind Ltd's profit?
Kalind Ltd earned ₹15.0 Cr of net profit in the Jun 26 quarter, +200.0% year on year. Full-year FY26 profit was ₹27.0 Cr. The operating margin ran 63.0% in the latest quarter. — as of 31 July 2026.
What is Kalind Ltd's market cap?
Kalind Ltd's market capitalisation is ₹903 Cr at a share price of ₹9.9. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 31 July 2026.
What is Kalind Ltd's P/E ratio?
Kalind Ltd trades at a P/E of 21.8×, at the 30th percentile of its own 3-year range, against a long-run median of 40.6×. This is a comparison with the stock's own history, not a value call — as of 31 July 2026.
Does Kalind Ltd pay a dividend?
Yes — Kalind Ltd's dividend payout was 45% of profit in FY26, and it recorded a payout in 1 of its last 12 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 31 July 2026.
Is Kalind Ltd overvalued?
On its own history, Kalind Ltd looks cheap against its own history: its P/E of 21.8× has been cheaper only 30% of the time in 3 years (long-run median 40.6×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 31 July 2026.
Is Kalind Ltd growing?
Yes — Kalind Ltd is growing: latest-quarter revenue +150.0% year on year, profit +200.0%, and the margin +21.0 pp at 63.0%. The 10-year compound rates are 54.2% (revenue) and 70.5% (profit). The earnings engine currently reads: improving — as of 31 July 2026.
How is Kalind Ltd performing?
Kalind Ltd is in a confirmed uptrend, 86 weeks in. Its latest quarter's revenue rose 150.0% and profit rose 200.0% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 12 weeks. This describes what the data did, not a rating. — as of 31 July 2026.
Is Kalind Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 86 of stage 2), trading −2.5% versus its 200-day average and at 0% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 31 July 2026.
Is Kalind Ltd beating the market?
Not lately — on a trailing-13-week view Kalind Ltd is currently behind the NIFTY 500 (12 weeks and counting; last ahead the week of 2026-06-09), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.4 years the stock moved +6,957% against the NIFTY 500's +274% — ahead of the index over the full window. — as of 31 July 2026.
Will Kalind Ltd's share price go up?
This page publishes no price forecast for Kalind Ltd. What it measures instead: the share price is ₹9.9, the price is in a confirmed uptrend 86 weeks in. Its P/E of 21.8× sits at the 30th percentile of its own 3-year range. — as of 31 July 2026.
Who owns Kalind Ltd?
Promoters hold 13.8% of Kalind Ltd, foreign institutions null%, domestic institutions 1.5% and the public 84.8% (latest quarter). The biggest move on the register over the last two years: Promoters cut 56.4 points over 8 quarters. — as of 31 July 2026.
Does Kalind Ltd have too much debt?
No — Kalind Ltd's debt-to-equity is 0.05, and operating profit covers the interest bill 10×. FY26 borrowings were ₹10.0 Cr against equity of ₹212 Cr. The returns on this page are earned, not borrowed — as of 31 July 2026.
What is Kalind Ltd's capex?
Kalind Ltd spent ₹58.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹60.0 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 31 July 2026.
What is Kalind Ltd's cash flow?
Kalind Ltd generated ₹−66.0 Cr of operating cash flow in FY26 and ₹−126 Cr of free cash flow after ₹60.0 Cr of capital spending. Reported profit that year was ₹27.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 31 July 2026.
Is Kalind Ltd's profit real cash?
Not fully — over the last 3 fiscal years, −234% of Kalind Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹−66.0 Cr against reported profit of ₹27.0 Cr. The cash then goes mostly into the working-capital cycle. Cash-flow resolution is annual — as of 31 July 2026.
Where is Kalind Ltd in its business cycle?
Kalind Ltd's FY26 operating margin was 49.0%, against a 13-year band of −96.3%–74.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 63.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 31 July 2026.
What could break the Kalind Ltd story?
The sharpest disagreement: profits are rising, but only −234% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 31 July 2026.
Is Kalind Ltd a stock worth studying right now?
This is not investment advice. The machine read: Kalind Ltd's multiple sits at its floor because earnings outran a 13× five-year rally — compression born of growth, not neglect. The quarters are still improving, and the P/E sits at the 30th percentile of its own 3-year range. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 31 July 2026.