KSE Ltd
Incorporated in 1963, KSE Ltd manufactures ready mixed cattle feed, extracts oil from oil cakes using solvent extraction method, and processes milk and milk products[1]
- Market Cap ₹ 796 Cr.
- Current Price ₹ 2,487
- High / Low ₹ 2,825 / 1,765
- Stock P/E 7.26
- Book Value ₹ 927
- Dividend Yield 3.22 %
- ROCE 42.9 %
- ROE 34.0 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 3.22%.
- Company has delivered good profit growth of 36.2% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of 2.92% over past five years.
- Promoter holding is low: 23.1%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Fast Moving Consumer Goods Fast Moving Consumer Goods Food Products Animal Feed
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
806 | 900 | 925 | 1,047 | 1,304 | 1,209 | 1,429 | 1,543 | 1,670 | 1,610 | 1,683 | 1,650 | 1,634 | |
777 | 839 | 909 | 1,018 | 1,196 | 1,196 | 1,402 | 1,404 | 1,659 | 1,613 | 1,651 | 1,529 | 1,490 | |
Operating Profit | 29 | 60 | 16 | 29 | 108 | 13 | 26 | 139 | 11 | -3 | 32 | 120 | 144 |
OPM % | 4% | 7% | 2% | 3% | 8% | 1% | 2% | 9% | 1% | -0% | 2% | 7% | 9% |
1 | 12 | 2 | 2 | 5 | 6 | 4 | 15 | 3 | 7 | -0 | 11 | 14 | |
Interest | 3 | 2 | 2 | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 2 | 3 |
Depreciation | 4 | 6 | 4 | 3 | 4 | 3 | 3 | 2 | 3 | 4 | 5 | 6 | 6 |
Profit before tax | 23 | 64 | 12 | 26 | 109 | 15 | 26 | 150 | 9 | -3 | 24 | 123 | 150 |
Tax % | 34% | 32% | 38% | 37% | 36% | 36% | 28% | 25% | 29% | -20% | 27% | 26% | |
15 | 44 | 8 | 16 | 70 | 9 | 19 | 113 | 7 | -2 | 18 | 91 | 111 | |
EPS in Rs | 48.03 | 136.34 | 23.69 | 51.12 | 217.59 | 29.47 | 59.06 | 352.91 | 20.53 | -7.44 | 55.03 | 285.34 | 348.41 |
Dividend Payout % | 42% | 37% | 84% | 59% | 28% | 51% | 34% | 28% | 97% | -269% | 55% | 28% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 3% |
3 Years: | 0% |
TTM: | -3% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 36% |
3 Years: | 120% |
TTM: | 169% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 8% |
3 Years: | 9% |
1 Year: | 4% |
Return on Equity | |
---|---|
10 Years: | 21% |
5 Years: | 20% |
3 Years: | 15% |
Last Year: | 34% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Reserves | 45 | 69 | 68 | 83 | 141 | 127 | 139 | 240 | 220 | 211 | 222 | 294 |
17 | 17 | 11 | 39 | 44 | 43 | 15 | 40 | 19 | 19 | 21 | 24 | |
30 | 49 | 32 | 30 | 42 | 25 | 33 | 51 | 39 | 35 | 32 | 36 | |
Total Liabilities | 96 | 138 | 116 | 156 | 230 | 197 | 190 | 335 | 281 | 268 | 278 | 357 |
36 | 27 | 25 | 29 | 27 | 26 | 25 | 24 | 38 | 40 | 43 | 58 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 3 | 6 | 4 |
Investments | 0 | 0 | 0 | 35 | 83 | 43 | 66 | 116 | 47 | 66 | 37 | 113 |
59 | 111 | 90 | 92 | 119 | 128 | 99 | 193 | 194 | 159 | 192 | 182 | |
Total Assets | 96 | 138 | 116 | 156 | 230 | 197 | 190 | 335 | 281 | 268 | 278 | 357 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
19 | 36 | -5 | 24 | 65 | -13 | 35 | 34 | 4 | 34 | -15 | 143 | |
-1 | 12 | -1 | -41 | -53 | 37 | -10 | -42 | 55 | -32 | 24 | -118 | |
-19 | -14 | -21 | 18 | -8 | -26 | -35 | 13 | -50 | -8 | -7 | -19 | |
Net Cash Flow | -1 | 35 | -27 | 1 | 3 | -1 | -11 | 6 | 8 | -6 | 2 | 6 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory Days | 26 | 33 | 33 | 30 | 31 | 30 | 24 | 50 | 40 | 31 | 38 | 30 |
Days Payable | 5 | 8 | 4 | 3 | 5 | 3 | 2 | 6 | 5 | 4 | 2 | 2 |
Cash Conversion Cycle | 22 | 25 | 30 | 27 | 26 | 28 | 22 | 44 | 36 | 27 | 36 | 28 |
Working Capital Days | 7 | 4 | 16 | 6 | 5 | 12 | 14 | 24 | 28 | 22 | 29 | 19 |
ROCE % | 39% | 72% | 15% | 27% | 70% | 10% | 17% | 66% | 5% | -1% | 13% | 43% |
Documents
Announcements
- Record Date For Payment Of Dividend - 13.09.2025 2 Sep
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
30 Aug - Newspaper Publication of Notice of AGM to held on 20.09.2025
- Record Date For Payment Of Dividend - 13.09.2025 29 Aug
-
Book Closure Dates From 14Th September, 2025 To 20Th September, 2025 (Both Days Inclusive)
29 Aug - KSE Limited announces book closure Sept 14-20, 2025 and record date Sept 13 for dividend payment, subject to AGM approval.
- Intimation Of Date Of Annual General Meeting On 20.09.2025 29 Aug
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Business Overview:[1][2]
KSE is a National Productivity Council-certified manufacturer of compound cattle feed and dairy company based in the South India. It also operates in milk procurement and processing, in various districts of Kerala and Tamil Nadu and has an exclusive distribution network with over 700 dealers.