Kalind Ltd

Kalind Ltd

₹ 82.5 -1.01%
17 Jul 10:45 a.m.
About

Incorporated in 1994, Kalind Ltd.(formerly known as Arunis Abode Ltd.) is primarily engaged in providing heavy machinery to customers along with operators and fuel.[1][2]

Key Points

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]

  • Market Cap 1,006 Cr.
  • Current Price 82.5
  • High / Low 106 / 16.1
  • Stock P/E 36.8
  • Book Value 17.5
  • Dividend Yield 0.78 %
  • 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 4.77 times its book value
  • Promoter holding is low: 13.8%
  • Company has high debtors of 197 days.
  • Promoter holding has decreased over last 3 years: -56.4%

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
2 0 0 0 0 0 0 0 0 14 17 15 30
1 1 0 0 0 0 0 0 0 8 6 10 13
Operating Profit 1 -0 0 0 0 -0 -0 -0 -0 6 10 5 17
OPM % 48% -9% 72% 64% 30% 42% 61% 31% 56%
-0 0 0 0 0 0 0 0 0 0 0 0 1
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 1 1
Profit before tax 0 -0 0 0 0 -0 -0 -0 -0 6 10 4 16
Tax % 75% -38% 26% 25% 25% -25% -27% -31% -2,000% 15% 16% 28% 33%
0 -0 0 0 0 -0 -0 -0 0 5 8 3 11
EPS in Rs 0.00 -0.00 0.02 0.01 0.01 -0.01 -0.01 -0.02 0.02 0.43 0.68 0.25 0.88
Raw PDF

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% 45%
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: 86%
5 Years: 150%
3 Years: 356%
1 Year: 426%
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 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Number of Permanent Employees
employees

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Real Estate Consultancy Revenue Share of Total Revenue from Operations
%
Number of Real Estate Redevelopment Projects in Pipeline
projects
Equipment Rental Fleet Size
machines

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

13 Recently
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
70.17% 70.17% 70.17% 70.17% 70.17% 70.17% 70.17% 70.37% 20.48% 18.42% 13.96% 13.76%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.20% 0.71% 1.46%
29.84% 29.83% 29.83% 29.84% 29.84% 29.83% 29.84% 29.62% 79.53% 81.39% 85.33% 84.78%
No. of Shareholders 2,8762,8452,8252,8562,8912,8972,9702,8844,54810,52411,02211,981

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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