Sector Alpha Week of 2026-09-25
Not SEBI Registered !! Not Investment advice !!
Sector Alpha — machine-written from the numbers · Data as of 2026-09-25

KS Smart Technlogies Limited

516038
Paper

KS Smart Technlogies Limited's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.

The sharpest disagreement: the price moved +33.9% in a year while annual EPS moved −96.8% — the difference is re-rating, and re-rating has to be repaid with earnings.

The price is in a downtrend (10 weeks in). Underneath, the last four quarters read mixed, and 22% of the last 3 years' profit arrived as cash. What settles it: whether earnings grow into a price that has already moved.

Price
₹96.3
+33.9% 1Y
P/E
21.2×
of its own 1-year range
Revenue (Jun 26)
₹233 Cr
Profit (Jun 26)
₹3.8 Cr
Operating margin
4.1%
ROCE
−6%
FY26
Cash conversion
22%
of profit, last 3 FY
Unverified figures: Some figures on this page come from a second financial-data feed that could not be cross-checked against the primary source — the two do not share enough overlapping reported history to compare. They are drawn, because they are the only evidence there is, and every section carrying one is marked unverified.
01 · Price story

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.

KS Smart Technlogies Limited trades at ₹96.3, in a downtrend and 10 weeks into that stage. That is −32.6% against its own 200-day average. It sits at 11% of a 52-week range of ₹76 to ₹267. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (25 weeks and counting).

Today the stock is in a downtrend — week 10 of stage 4, confirmed. At ₹96.3 it trades −32.6% versus its 200-day average and sits at 11% of its 52-week range (₹76–₹267).

Sep 26: ₹96.3 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 3-year window.
−32.6% versus the 200-day line, week 10 of stage 4
Price50-day avg200-day avg
S2S3S2S4₹287₹214₹140₹67.0₹−6.3₹₹96₹143Feb 24Sep 24Sep 25Apr 26Sep 26
S2S3S2S4₹287₹214₹140₹67.0₹−6.3₹₹96₹143Feb 24Sep 25Sep 26
Beating or trailing, week by week since 2016 Each cell is one week from 2016 to now (142 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Feb 16Sep 26

Against the market, two honest reads. Cumulative: over the last 10.6 years the stock moved +925% while the NIFTY 500 moved +268% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (25 weeks and counting; last ahead the week of 2026-05-08) — 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.

02 · Valuation

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.

KS Smart Technlogies Limited trades at 21.2× P/E, against too little history to rank. Its long-run median P/E is 21.8×, measured across 0.6 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 21.2× is against too little history to rank, against a long-run median of 21.8× measured over 0.6 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 21.2× vs a 21.8× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 0.6-year window. The eps (ttm) bars are red where the reading is lower than the quarter before.
against too little history to rank
P/EMedianEPS (TTM) (quarterly)
50.4×₹15337.8×₹11525.2×₹76.612.6×₹38.30.0×₹0.0×₹21.20×₹5Feb 26Apr 26May 26Jul 26Sep 26
50.4×₹15337.8×₹11525.2×₹76.612.6×₹38.30.0×₹0.0×₹21.20×₹5Feb 26May 26Sep 26
P/E
21.2×
too little history to rank

🚨 Why the multiple sits where it does: over the past year annual EPS moved −96.8% against a +33.9% price move — the price outran earnings, pushing the multiple UP its own range.

Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.

03 · Stage: No read

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).

KS Smart Technlogies Limited reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read.

Growth, year by year: revenue +90.7% in FY26, profit +270.0% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn.
Revenue YoYProfit YoYEPS YoY
91.9%303%91.3%183%90.7%63%90.1%−56%89.5%−176%%%90.7%270%FY11FY12FY13FY14FY26
91.9%303%91.3%183%90.7%63%90.1%−56%89.5%−176%%%90.7%270%FY11FY13FY26
ROCE Annual readings — the quarterly balance-sheet pieces this curve needs are not held for this stock, so the returns read moves once a year and carries less weight in the call.
the return curve, annual readings
ROCE
−5.7%−6.8%−8.0%−9.2%−10%%−6%FY12FY13FY14
−5.7%−6.8%−8.0%−9.2%−10%%−6%FY12FY13FY14
ROCE
Rising
latest −6.0% · span −10.0%–−6.0%

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.

Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue+90.7%———
Profit+270.0%———
EPS−96.8%———
Share price+33.9%——+22.2%
04 · 4-Factor Sector Score

4-Factor Sector Score

40.7/100 — rank 11 of 11 in Paper · 28% evidence confidence · provisional, ranked below fully-evidenced peers

KS Smart Technlogies Limited scores 40.7 out of 100 against the 11 companies it is compared with in Paper, ranking 11. Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

The four contributions add to the total exactly: 17.9 + 6.2 + 9.1 + 7.5 = 40.7. 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.

05 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

KS Smart Technlogies Limited reported ₹233 Cr of revenue in the Jun 26 quarter. The last full year, FY26, came in at ₹1,312 Cr. A multi-year compound rate is not shown because the annual history behind it is too short to compute one honestly.

FY26 revenue came in at ₹1,312 Cr (+90.7% on the year). The latest quarter (Jun 26) printed ₹233 Cr, null year on year.

FY26 revenue ₹1,312 Cr (+90.7% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 6-year window. A bar is red when it is lower than the year before.
RevenueYoY growth
1.4k91.9%1.1k91.3%70890.7%35490.1%089.5%₹ Cr%₹1,31290.7%FY11FY13FY26
1.4k91.9%1.1k91.3%70890.7%35490.1%089.5%₹ Cr%₹1,31290.7%FY11FY13FY26
Jun 26: ₹233 Cr (null YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Revenue (quarterly)
8806604402200₹ Cr₹233Dec 25Mar 26Jun 26
8806604402200₹ Cr₹233Dec 25Mar 26Jun 26
06 · Operating margin

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.

KS Smart Technlogies Limited's operating margin is 4.1% in the Jun 26 quarter.

The latest quarter's operating margin is 4.1%, null pp against the same quarter a year ago. Across 2 fiscal years the operating margin has ranged 4.8%–9.0%.

Why: the numbers show the operating margin move clearly, but the cost lines behind it sit below what we hold — so we state the move without inventing its driver.

FY26: 9.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 2-year window.
within a 4.8–9.0% band over 2 years
operating marginYoY change (pp)
9.3%5.4%8.1%4.8%6.9%4.2%5.7%3.6%4.5%3.0%%%9%4.2%FY25FY26
9.3%5.4%8.1%4.8%6.9%4.2%5.7%3.6%4.5%3.0%%%9%4.2%FY25FY26
Jun 26: 4.1% operating margin (null pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating margin
18%14%11%6.8%3.0%%4.1%Dec 25Mar 26Jun 26
18%14%11%6.8%3.0%%4.1%Dec 25Mar 26Jun 26
07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

KS Smart Technlogies Limited earned ₹3.8 Cr of net profit in the Jun 26 quarter. Full-year FY26 profit was ₹74.0 Cr. The 15-year compound rate is 33.2%. That is 1.6% of the quarter's revenue.

Jun 26 profit was ₹3.8 Cr, null year on year. On the full year, FY26 printed ₹74.0 Cr (+270.0%), and the 15-year compound rate is 33.2%.

FY26 profit ₹74.0 Cr (+270.0% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 6-year window. A bar is red when it is lower than the year before.
33.2% a year over 15 years
Net profitYoY growth
80300%60192%4085%20−22%0−130%₹ Cr%₹74270%FY11FY13FY26
80300%60192%4085%20−22%0−130%₹ Cr%₹74270%FY11FY13FY26
Jun 26: ₹3.8 Cr (null YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Net profit (quarterly)
614631150₹ Cr₹4Dec 25Mar 26Jun 26
614631150₹ Cr₹4Dec 25Mar 26Jun 26
08 · Cash flow — the router

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 22% of KS Smart Technlogies Limited's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹9.0 Cr of operating cash against ₹74.0 Cr of profit. Cash resolution here is annual, because quarterly cash statements are not published.

FY26: operating cash of ₹9.0 Cr against reported profit of ₹74.0 Cr. Across the last 3 fiscal years the conversion rate is 22% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY26: CFO ₹9.0 Cr vs profit ₹74.0 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 6-year window, annual resolution.
22% of 3-year profit arrived as cash
Operating cashNet profitFree cash
806040200₹ Cr₹9₹74₹0FY11FY13FY26
806040200₹ Cr₹9₹74₹0FY11FY13FY26
FY26: CFO = 12% of profit (three-year rate 22%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash.
Conversion100%
108%79%50%21%−8.0%%12%FY11FY13FY26
108%79%50%21%−8.0%%12%FY11FY13FY26

🚨 Why: conversion is measured cleanly, but the working-capital day-counts behind it sit below what we hold — the move is shown without inventing its driver.

Router verdict: the visible cash user is investment — the next section checks what the spending is buying.

09 · Where the cash goes

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).

KS Smart Technlogies Limited does not report the debtor, inventory and payable day-counts a cash cycle is built from, so this section reads the investment side instead. Capital spending ran ₹0.0 Cr over the last 3 years. Averaged over those years that is 0.0% of FY26 revenue a year.

Working-capital day-counts are not in our numbers for this stock, so this section reads the investment side — where the cash is being put to work.

On the investment side: capital spending of ₹0.0 Cr over the last 3 fiscal years. Capital work-in-progress stands at ₹0.0 Cr (FY14) — capacity paid for but not yet earning.

FY14: capex ₹0.0 Cr, work-in-progress ₹0.0 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
steady investment
CapexWork-in-progress
1.20.60.0−0.6−1.2₹ Cr₹0₹0FY12FY13FY14
1.20.60.0−0.6−1.2₹ Cr₹0₹0FY12FY13FY14

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

10 · Return on capital

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.

KS Smart Technlogies Limited earns a ROCE of −6% in FY14. That is up from a trough of −10% in FY12. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 5.6% net margin on 0.76× asset turns.

FY14 ROCE is −6%, recovered from a FY12 trough of −10% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY26): 5.6% net margin × 0.76× asset turns × 5.88× balance-sheet leverage ≈ 25.0% on equity. Margin does its share; leverage is a meaningful part of the equation.

FY14: ROCE −6% Return on capital employed by fiscal year, % (line). 3-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the climb back from FY12's −10%
ROCEWACC
14%7.4%1.0%−5.4%−12%%−6%FY12FY13FY14
14%7.4%1.0%−5.4%−12%%−6%FY12FY13FY14
11 · Debt

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.

KS Smart Technlogies Limited carries ₹203 Cr of borrowings against ₹295 Cr of equity in FY26, a debt-to-equity of 0.69. Operating profit covers the interest bill 4×. Over 15 years borrowings went from ₹0.0 Cr to ₹203 Cr. Capital spending ran ₹0.0 Cr across the last 3 of those years.

FY26: borrowings of ₹203 Cr against equity of ₹295 Cr — a debt-to-equity of 0.69. Operating profit covers the interest bill 4×. Over 15 years borrowings went from ₹0.0 Cr to ₹203 Cr while capital spending ran ₹0.0 Cr in just the last 3 — part of the build-out is riding on borrowed money.

FY26: borrowings ₹203 Cr at 0.69× equity Borrowings by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 5-year window. Quarterly balance-sheet history is not held for India — annual is the honest resolution.
the debt trajectory
BorrowingsDebt-to-equity
2190.7×1640.5×1100.3×550.1×0−0.1×₹ Cr×₹2030.69×FY11FY12FY13FY14FY26
2190.7×1640.5×1100.3×550.1×0−0.1×₹ Cr×₹2030.69×FY11FY13FY26
12 · Ownership

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 added 11.5 points of KS Smart Technlogies Limited over 8 quarters, the biggest move on the register. That takes promoters to 61.0% of the company. Foreign institutions moved +8.5 points over the same window, to 8.5%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Promoters: +11.5 points over 8 quarters to 61.0%; Foreign institutions: +8.5 points over 8 quarters to 8.5%; Domestic institutions: −3.3 points over 8 quarters to 0.0%.

Why the register moved: rotation — foreign institutions +8.5 points against domestic institutions −3.3 points over 8 quarters, with promoters +11.5 points — one class of institutions handing the register to the other, not a verdict change by the people closest to the numbers.

Fiscal-year ends: promoters +11.5 pts from Mar 24 to Mar 26 Shareholding at each fiscal-year end (March quarter), % of the company. 3 year-ends held.
PromotersForeign inst.Domestic inst.Public
66%48%30%13%−4.9%%61.0%8.5%0.0%30.5%Mar 24Mar 25Mar 26
66%48%30%13%−4.9%%61.0%8.5%0.0%30.5%Mar 24Mar 25Mar 26
Promoters added 11.5 points over 8 quarters Shareholding by holder class, % of the company, quarterly, last 13 quarters.
PromotersForeign inst.Domestic inst.Public
66%48%30%13%−4.9%%61.0%8.5%0.0%30.5%Jun 23Dec 24Jun 26
66%48%30%13%−4.9%%61.0%8.5%0.0%30.5%Jun 23Dec 24Jun 26
13 · Safety line

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.

KS Smart Technlogies Limited: 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.

14 · Related companies · Paper
CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1N R Agarwal Industries LtdNRAIL 69.9/100Favorable setup87% evidence BREAKING OUT 31.8/35 Revenue 32.6% · PAT 100% · OPM change 7.4 pp 95% evidence 11.8/25 ROCE 8.5% · OPM 11% 95% evidence 7.9/20 P/E 16.8× · PEG — 50% evidence 18.4/20 RS sector 28.9% · RS bench 46.8% · 1Y 73.2%7 of 12 weeks ahead 100% evidence
Exact sum: 31.8 + 11.8 + 7.9 + 18.4 = 69.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2Emami Paper Mills LtdEMAMIPAP 67.2/100Favorable setup65% evidence BREAKING OUT 27.5/35 Revenue 6.5% · PAT 100% · OPM change 7 pp 95% evidence 16.6/25 ROCE 11.4% · OPM 15% 95% evidence 11.2/20 P/E 7.6× · PEG — 15% evidence 11.9/20 RS sector — · RS bench 27.1% · 1Y —11 of 11 weeks ahead 25% evidence
Exact sum: 27.5 + 16.6 + 11.2 + 11.9 = 67.2 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
3West Coast Paper Mills LtdWSTCSTPAPR 57.2/100Mixed-positive evidence82% evidence LEADER 16.3/35 Revenue 7.8% · PAT -13.1% · OPM change 7 pp 95% evidence 13.6/25 ROCE 6.2% · OPM 19% 76% evidence 7.3/20 P/E 20.9× · PEG — 50% evidence 20.0/20 RS sector 34.5% · RS bench 52.9% · 1Y 51.5%11 of 12 weeks ahead 100% evidence
Exact sum: 16.3 + 13.6 + 7.3 + 20 = 57.2 · Decision use: Price leads the evidence: RS versus the benchmark is 52.9%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
4Pudumjee Paper Products LtdPDMJEPAPER 50.7/100Mixed-positive evidence81% evidence BREAKING OUT 12.0/35 Revenue 1.6% · PAT -12.4% · OPM change 1 pp 95% evidence 20.1/25 ROCE 18.1% · OPM 18% 95% evidence 12.9/20 P/E 9.8× · PEG — 50% evidence 5.7/20 RS sector -32.8% · RS bench 5.9% · 1Y -25.4%8 of 11 weeks ahead 70% evidence
Exact sum: 12 + 20.1 + 12.9 + 5.7 = 50.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5JK Paper LtdJKPAPER 50.6/100Mixed-positive evidence82% evidence BREAKING OUT 16.7/35 Revenue 10% · PAT -4.9% · OPM change 0 pp 95% evidence 14.1/25 ROCE 7.4% · OPM 15% 76% evidence 7.9/20 P/E 22.2× · PEG — 50% evidence 11.9/20 RS sector -0.9% · RS bench 13.2% · 1Y 3.8%5 of 12 weeks ahead 100% evidence
Exact sum: 16.7 + 14.1 + 7.9 + 11.9 = 50.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6Tamil Nadu Newsprint & Papers LtdTNPL 45.9/100Mixed-negative evidence72% evidence TURNING 16.4/35 Revenue 2.9% · PAT 100% · OPM change 1.1 pp 71% evidence 11.7/25 ROCE 6.4% · OPM 10% 95% evidence 11.5/20 P/E 4× · PEG — 15% evidence 6.3/20 RS sector -6.2% · RS bench 7.3% · 1Y -3.5%3 of 12 weeks ahead 100% evidence
Exact sum: 16.4 + 11.7 + 11.5 + 6.3 = 45.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
7Seshasayee Paper & Boards LtdSESHAPAPER 44.8/100Mixed-negative evidence87% evidence TURNING 21.2/35 Revenue 5.9% · PAT 13.8% · OPM change 4 pp 95% evidence 7.4/25 ROCE 5.6% · OPM 9% 95% evidence 11.2/20 P/E 15.4× · PEG — 50% evidence 5.0/20 RS sector -10% · RS bench 2.9% · 1Y -6.1%3 of 12 weeks ahead 100% evidence
Exact sum: 21.2 + 7.4 + 11.2 + 5 = 44.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
8Andhra Paper LtdANDHRAPAP 41.0/100Mixed-negative evidence80% evidence TURNING 11.8/35 Revenue 5.2% · PAT -66.3% · OPM change 3 pp 95% evidence 6.5/25 ROCE 0% · OPM 12% 95% evidence 8.5/20 P/E 52.2× · PEG — 15% evidence 14.2/20 RS sector -0.3% · RS bench 14% · 1Y -6%3 of 12 weeks ahead 100% evidence
Exact sum: 11.8 + 6.5 + 8.5 + 14.2 = 41 · Decision use: Price leads the evidence: RS versus the benchmark is 14%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
9Kuantum Papers LtdKUANTUM 33.0/100Adverse evidence87% evidence TURNING 10.5/35 Revenue 11.9% · PAT -59.4% · OPM change -4.9 pp 95% evidence 9.4/25 ROCE 5.2% · OPM 13.2% 95% evidence 9.7/20 P/E 19.2× · PEG — 50% evidence 3.4/20 RS sector -17.3% · RS bench -5.1% · 1Y -27.9%3 of 12 weeks ahead 100% evidence
Exact sum: 10.5 + 9.4 + 9.7 + 3.4 = 33 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
10Satia Industries LtdSATIA 25.7/100Adverse evidence87% evidence TURNING 2.3/35 Revenue -2.8% · PAT -80% · OPM change -3 pp 95% evidence 6.0/25 ROCE 3.9% · OPM 14% 95% evidence 7.3/20 P/E 13.2× · PEG — 50% evidence 10.1/20 RS sector -7.1% · RS bench 6.2% · 1Y -19.6%4 of 12 weeks ahead 100% evidence
Exact sum: 2.3 + 6 + 7.3 + 10.1 = 25.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
11KS Smart Technlogies Limitedthis page516038 40.7/100Thin evidence · provisional28% evidence ASLEEP 17.9/35 Revenue — · PAT — · OPM change — 3% evidence 6.2/25 ROCE -6% · OPM 4.1% 76% evidence 9.1/20 P/E 21.2× · PEG — 15% evidence 7.5/20 RS sector — · RS bench -38.8% · 1Y 33.9%0 of 12 weeks ahead 25% evidence
Exact sum: 17.9 + 6.2 + 9.1 + 7.5 = 40.7 · 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.

15 · Frequently asked questions

Frequently asked questions

What is KS Smart Technlogies Limited's share price today?

KS Smart Technlogies Limited trades at ₹96.3, +33.9% over the past year. The company is valued at ₹1,581 Cr. The stock sits at 11% of its 52-week range of ₹76–₹267, −32.6% versus its 200-day average. On the tape, the price is in a downtrend, 10 weeks in. — as of 25 September 2026.

What were KS Smart Technlogies Limited's latest quarterly results?

KS Smart Technlogies Limited reported revenue of ₹233 Cr and net profit of ₹3.8 Cr for the Jun 26 quarter. Earnings per share were ₹0.24. The operating margin was 4.1%. — as of 25 September 2026.

What is KS Smart Technlogies Limited's revenue?

KS Smart Technlogies Limited reported revenue of ₹233 Cr in the Jun 26 quarter. For the full FY26 fiscal year, revenue was ₹1,312 Cr (+90.7%). — as of 25 September 2026.

What is KS Smart Technlogies Limited's profit?

KS Smart Technlogies Limited earned ₹3.8 Cr of net profit in the Jun 26 quarter. Full-year FY26 profit was ₹74.0 Cr. The operating margin ran 4.1% in the latest quarter. — as of 25 September 2026.

What is KS Smart Technlogies Limited's market cap?

KS Smart Technlogies Limited's market capitalisation is ₹1,581 Cr at a share price of ₹96.3. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 25 September 2026.

Does KS Smart Technlogies Limited pay a dividend?

No — KS Smart Technlogies Limited has recorded a dividend payout of 0% of profit in each of its last 6 reported fiscal years, so there is no payout history to quote. That is a reading of the filed annual statements, not an estimate. — as of 25 September 2026.

How is KS Smart Technlogies Limited performing?

KS Smart Technlogies Limited is in a downtrend, 10 weeks in. Against the NIFTY 500 it has been behind on a trailing-13-week view for 25 weeks. This describes what the data did, not a rating. — as of 25 September 2026.

Is KS Smart Technlogies Limited in an uptrend?

No — the price is in a downtrend (week 10 of stage 4), trading −32.6% versus its 200-day average and at 11% 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 25 September 2026.

Is KS Smart Technlogies Limited beating the market?

Not lately — on a trailing-13-week view KS Smart Technlogies Limited is currently behind the NIFTY 500 (25 weeks and counting; last ahead the week of 2026-05-08), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.6 years the stock moved +925% against the NIFTY 500's +268% — ahead of the index over the full window. — as of 25 September 2026.

Will KS Smart Technlogies Limited's share price go up?

This page publishes no price forecast for KS Smart Technlogies Limited. What it measures instead: the share price is ₹96.3, the price is in a downtrend 10 weeks in. Direction is not something this site claims to know. — as of 25 September 2026.

Who owns KS Smart Technlogies Limited?

Promoters hold 61.0% of KS Smart Technlogies Limited, foreign institutions 8.5%, domestic institutions 0.0% and the public 30.5% (latest quarter). The biggest move on the register over the last two years: Promoters added 11.5 points over 8 quarters. — as of 25 September 2026.

Does KS Smart Technlogies Limited have too much debt?

It is moderate — KS Smart Technlogies Limited's debt-to-equity is 0.69, and operating profit covers the interest bill 4×. FY26 borrowings were ₹203 Cr against equity of ₹295 Cr. Read the returns on this page with that leverage in mind — as of 25 September 2026.

What is KS Smart Technlogies Limited's capex?

KS Smart Technlogies Limited spent ₹0.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY14 alone that was ₹0.0 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 25 September 2026.

What is KS Smart Technlogies Limited's cash flow?

KS Smart Technlogies Limited generated ₹9.0 Cr of operating cash flow in FY26. Reported profit that year was ₹74.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 25 September 2026.

Is KS Smart Technlogies Limited's profit real cash?

Not fully — over the last 3 fiscal years, 22% of KS Smart Technlogies Limited's reported profit arrived as operating cash. In FY26, operating cash was ₹9.0 Cr against reported profit of ₹74.0 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 25 September 2026.

Where is KS Smart Technlogies Limited in its business cycle?

KS Smart Technlogies Limited's FY26 operating margin was 9.0%, against a 2-year band of 4.8%–9.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 4.1%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 25 September 2026.

What could break the KS Smart Technlogies Limited story?

The sharpest disagreement: the price moved +33.9% in a year while annual EPS moved −96.8% — the difference is re-rating, and re-rating has to be repaid with earnings. 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 25 September 2026.

Is KS Smart Technlogies Limited a stock worth studying right now?

This is not investment advice. The machine read: KS Smart Technlogies Limited's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: whether earnings grow into a price that has already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 25 September 2026.

Sector Alpha — machine-written from the numbers · Data as of 2026-09-25. Every chart on this page is drawn by deterministic code from the raw series — no forecasts, no price opinions, and nothing here is investment advice.

Not SEBI Registered !! Not Investment advice !!

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