Kalind Ltd
- Market Cap ₹ 1,063 Cr.
- Current Price ₹ 87.2
- High / Low ₹ 106 / 8.10
- Stock P/E 38.9
- Book Value ₹ 17.5
- Dividend Yield 1.15 %
- ROCE 31.8 %
- ROE 24.9 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 111% CAGR over last 5 years
Cons
- Stock is trading at 4.99 times its book value
- Promoter holding has decreased over last quarter: -4.46%
- Promoter holding is low: 14.0%
- Company has high debtors of 197 days.
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 1 | 0 | 0 | 1 | 2 | 3 | 1 | 0 | 75 | |
| 0 | 1 | 1 | 1 | 0 | 1 | 0 | 2 | 1 | 1 | 1 | 38 | |
| Operating Profit | 0 | 0 | -0 | 0 | 0 | -0 | 1 | 0 | 3 | 1 | -1 | 37 |
| OPM % | 21% | 22% | -26% | 31% | 5% | -96% | 71% | 1% | 74% | 51% | 50% | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2 | 0 | 0 | 1 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Profit before tax | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 1 | -0 | 36 |
| Tax % | 0% | 19% | 9% | 21% | 129% | 6% | 25% | 54% | 25% | -67% | 25% | |
| 0 | 0 | 0 | 1 | -0 | -0 | 1 | 0 | 0 | 0 | -0 | 27 | |
| EPS in Rs | 0.01 | 0.01 | 0.02 | 0.04 | -0.01 | -0.00 | 0.05 | 0.01 | 0.01 | 0.04 | -0.01 | 2.24 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 53% |
| 5 Years: | 132% |
| 3 Years: | 180% |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 71% |
| 5 Years: | 111% |
| 3 Years: | 198% |
| TTM: | 19600% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 88% |
| 5 Years: | 137% |
| 3 Years: | 345% |
| 1 Year: | 874% |
| Return on Equity | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 21% |
| 3 Years: | 23% |
| Last Year: | 25% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 122 |
| Reserves | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 3 | 91 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 1 | 1 | 10 | |
| 0 | 1 | 0 | 0 | 0 | 0 | 0 | 3 | 1 | 1 | 0 | 16 | |
| Total Liabilities | 4 | 4 | 5 | 6 | 5 | 5 | 6 | 10 | 10 | 8 | 7 | 238 |
| 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 0 | 44 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 6 | 5 | 4 | 0 | 49 |
| 3 | 4 | 3 | 3 | 3 | 3 | 1 | 3 | 3 | 2 | 7 | 145 | |
| Total Assets | 4 | 4 | 5 | 6 | 5 | 5 | 6 | 10 | 10 | 8 | 7 | 238 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0 | -1 | -1 | -1 | -0 | -0 | 1 | -5 | 2 | 4 | -1 | -80 | |
| 2 | 1 | 1 | 0 | 1 | 0 | 1 | 3 | -4 | -2 | 1 | -94 | |
| -0 | -0 | -0 | 0 | -0 | 0 | 0 | 2 | 2 | -3 | -0 | 180 | |
| Net Cash Flow | 1 | 0 | -0 | 0 | 0 | -0 | 1 | -0 | -1 | 0 | -0 | 7 |
| Free Cash Flow | -0 | -1 | -2 | -1 | -0 | 0 | 1 | -6 | 1 | 4 | 0 | -125 |
| CFO/OP | -67% | -383% | 550% | -216% | -1,300% | 119% | 99% | -25,100% | 78% | 697% | 91% | -213% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 20 | 21 | 7 | 7 | 0 | 0 | 0 | 0 | 274 | 0 | 197 | |
| Inventory Days | 76 | |||||||||||
| Days Payable | 74 | |||||||||||
| Cash Conversion Cycle | 20 | 21 | 7 | 7 | 0 | 0 | 0 | 0 | 274 | 0 | 199 | |
| Working Capital Days | 78 | 108 | 179 | 239 | 681 | 865 | -49 | -434 | 1 | 494 | 594 | |
| ROCE % | 2% | 4% | 5% | 13% | 0% | -5% | 14% | 4% | 31% | 10% | -5% | 32% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Permanent Employee Count Number |
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| Brokerage Income Contribution to Total Turnover % |
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| Real Estate Re-development Projects Underway Number |
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| Total Fleet Size (Earthmoving Machines) Number |
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Extracted by Screener AI
Documents
Announcements
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Intimation Under Regulation 30 Of SEBI (Listing Obligations And
Disclosure Requirements) - Change Of Name Of Statutory Auditor Of The Company From D G K T & CO LLP To P H H A D & CO LLP
2d - Statutory auditor renamed from D G K T & CO LLP to P H H A D & CO LLP.
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Submission Of Statement On Impact Of Audit Qualification For Financial Year Ended March 31, 2026
7 May - Kalind submitted omitted audit qualification impact statement for FY2026 financial results.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Apr - Newspaper Advertisement - Special Window for Transfer and Dematerialization of Physical Shares and KYC.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Apr - Newspaper Advertisement for Extract of Audited Financials Results of the Company for quarter and financial year ended 31 March 2026.
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Board Meeting Outcome for Outcome Of Board Meeting Held On 27 April, 2026 - Pursuant To Regulation 30 And 33 Of SEBI (LODR) Regulations, 2015
27 Apr - FY26 audited results approved; revenue Rs7,535.64 lakh, profit Rs2,730.12 lakh, with qualified audit opinion.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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History & Business Overview[1]
Kalind Limited was incorporate as M. B. Parikh Finstocks Ltd. and was engaged in financial brokerage until Nov'20. Following a change in promoters, the company shifted to real estate development, including land acquisition, project development, leasing, and infrastructure execution. A further change in control on Feb'24 led to diversification into leasing and renting of heavy earth-moving equipment and civil works.
Subsequently, the company’s name was changed from Arunis Abode Limited to Kalind Limited in Oct'25.[2][3][4]