Kesar Petroproducts Ltd
Incorporated in 1990, Kesar Petroproducts Ltd manufactures and markets Organic Chemicals and Pigments[1]
- Market Cap ₹ 294 Cr.
- Current Price ₹ 30.4
- High / Low ₹ 35.0 / 19.5
- Stock P/E 21.4
- Book Value ₹ 14.9
- Dividend Yield 0.00 %
- ROCE 7.11 %
- ROE 7.08 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 42.1% CAGR over last 5 years
- Debtor days have improved from 59.8 to 46.8 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 7.37% over past five years.
- Company has a low return on equity of 3.79% over last 3 years.
- Company might be capitalizing the interest cost
* 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
Commodities Chemicals Chemicals & Petrochemicals Commodity Chemicals
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 153 | 145 | 143 | 172 | 178 | 154 | 130 | 124 | 153 | 120 | 149 | 185 | 189 | |
| 151 | 138 | 127 | 146 | 139 | 149 | 127 | 118 | 145 | 113 | 147 | 169 | 168 | |
| Operating Profit | 2 | 7 | 16 | 26 | 39 | 6 | 3 | 6 | 8 | 7 | 2 | 16 | 21 | 
| OPM % | 2% | 5% | 11% | 15% | 22% | 4% | 2% | 5% | 5% | 5% | 2% | 9% | 11% | 
| 0 | 0 | 0 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 8 | 2 | 3 | |
| Interest | 0 | 0 | 0 | 1 | 1 | 2 | 1 | 0 | 0 | 1 | 1 | 1 | 2 | 
| Depreciation | 0 | 1 | 1 | 1 | 2 | 5 | 5 | 6 | 6 | 6 | 4 | 4 | 4 | 
| Profit before tax | 2 | 7 | 15 | 25 | 38 | 0 | -3 | 1 | 3 | 1 | 5 | 13 | 18 | 
| Tax % | 21% | 23% | 18% | 21% | 20% | 197% | -3% | 30% | 10% | 52% | -1% | 25% | |
| 2 | 5 | 12 | 20 | 31 | -0 | -3 | 0 | 3 | 0 | 5 | 10 | 14 | |
| EPS in Rs | 0.23 | 0.70 | 1.31 | 2.08 | 3.16 | -0.03 | -0.27 | 0.05 | 0.28 | 0.05 | 0.52 | 1.03 | 1.41 | 
| Dividend Payout % | 0% | 14% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 2% | 
| 5 Years: | 7% | 
| 3 Years: | 7% | 
| TTM: | 17% | 
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 6% | 
| 5 Years: | 42% | 
| 3 Years: | 52% | 
| TTM: | 95% | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | -6% | 
| 5 Years: | 50% | 
| 3 Years: | % | 
| 1 Year: | 14% | 
| Return on Equity | |
|---|---|
| 10 Years: | 7% | 
| 5 Years: | 3% | 
| 3 Years: | 4% | 
| Last Year: | 7% | 
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 | 7 | 7 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 
| Reserves | 2 | 38 | 57 | 79 | 109 | 109 | 106 | 107 | 109 | 110 | 115 | 134 | 
| 6 | 7 | 9 | 5 | 0 | 8 | 8 | 16 | 21 | 50 | 55 | 73 | |
| 38 | 37 | 20 | 34 | 35 | 21 | 28 | 20 | 19 | 18 | 29 | 21 | |
| Total Liabilities | 54 | 90 | 96 | 127 | 154 | 147 | 152 | 152 | 158 | 188 | 209 | 238 | 
| 10 | 37 | 36 | 39 | 43 | 43 | 41 | 51 | 49 | 47 | 56 | 64 | |
| CWIP | 0 | 0 | 0 | 0 | 9 | 13 | 13 | 3 | 11 | 46 | 52 | 56 | 
| Investments | 0 | 0 | 0 | 1 | 5 | 8 | 30 | 37 | 23 | 23 | 20 | 19 | 
| 44 | 53 | 60 | 87 | 96 | 83 | 68 | 62 | 75 | 71 | 82 | 99 | |
| Total Assets | 54 | 90 | 96 | 127 | 154 | 147 | 152 | 152 | 158 | 188 | 209 | 238 | 
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | -10 | -10 | 6 | 29 | -1 | 30 | 5 | -6 | 33 | -20 | 13 | |
| -3 | 1 | 0 | -4 | -26 | -10 | -22 | -8 | -9 | -42 | -4 | -15 | |
| 0 | 4 | 13 | -3 | -4 | 6 | 1 | 7 | 3 | 13 | 25 | 11 | |
| Net Cash Flow | -3 | -5 | 3 | -1 | -1 | -5 | 9 | 4 | -12 | 3 | 1 | 9 | 
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 | 39 | 40 | 36 | 61 | 50 | 52 | 72 | 71 | 45 | 64 | 69 | 47 | 
| Inventory Days | 4 | 13 | 45 | 57 | 76 | 67 | 70 | 51 | 48 | 83 | 79 | 97 | 
| Days Payable | 100 | 105 | 59 | 90 | 84 | 56 | 91 | 67 | 51 | 64 | 77 | 40 | 
| Cash Conversion Cycle | -57 | -52 | 23 | 28 | 43 | 62 | 51 | 55 | 43 | 84 | 71 | 104 | 
| Working Capital Days | -10 | 27 | 85 | 99 | 90 | 99 | 36 | 14 | 50 | -17 | 34 | 31 | 
| ROCE % | 15% | 20% | 23% | 31% | 37% | 2% | -1% | 1% | 2% | 1% | 3% | 7% | 
Documents
Announcements
- 
        
          Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
          
            8 Oct - Submission of Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th September, 2025.
- Closure of Trading Window 27 Sep
- 
        
          Submission Of Voting Results Alongwith Details Scrutinizer''s Report Of The 35Th AGM Of The Company Scheduled And Held On 26Th September, 2025 At 01.00 P.M. Through VC/OAVM, Pursuant To Regulation 44 Of SEBI (LODR) Regulations, 2015.
          
            26 Sep - 35th AGM held 26 Sep 2025; both resolutions passed; adoption of FY2025 financials and reappointment of Mr. Dinesh Sharma.
- 
        
          Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
          
            26 Sep - Scrutinizer reports e-voting results for AGM on 26 Sep 2025; two ordinary resolutions approved.
- 
        
          Shareholder Meeting / Postal Ballot-Outcome of AGM
          
            26 Sep - 35th AGM held 26 Sep 2025; FY25 standalone financials considered; Dinesh Sharma retiring by rotation and offering reappointment; e-voting results pending.
Annual reports
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      Financial Year 2025
      from bse
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      Financial Year 2024
      from bse
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      Financial Year 2023
      from bse
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      Financial Year 2022
      from bse
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      Financial Year 2021
      from bse
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      Financial Year 2020
      from bse
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      Financial Year 2019
      from bse
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      Financial Year 2018
      from bse
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      Financial Year 2017
      from bse
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      Financial Year 2016
      from bse
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      Financial Year 2015
      from bse
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      Financial Year 2014
      from bse
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      Financial Year 2013
      from bse
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      Financial Year 2012
      from bse
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      Financial Year 2011
      from bse
Concalls
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      Aug 2025TranscriptPPT
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      Jun 2025TranscriptNotesPPT
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      Jan 2018TranscriptNotesPPT
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      Aug 2017TranscriptNotesPPT
Industry Position[1]
The company is a leading Indian manufacturer of pigments, specializing in Phthalocyanine Blue Crude and its downstream derivatives, with a 15% market share in India.