Kalind Ltd

Kalind Ltd

₹ 83.0 -0.41%
17 Jul 9:54 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 1,012 Cr.
  • Current Price 83.0
  • High / Low 106 / 16.1
  • Stock P/E 37.2
  • Book Value 17.4
  • Dividend Yield 0.78 %
  • ROCE 32.0 %
  • ROE 25.0 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 4.80 times its book value
  • Promoter holding is low: 13.8%
  • Company has high debtors of 223 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

Consolidated Figures in Rs. Crores / View Standalone

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 18 15 33
1 1 0 0 0 0 0 0 0 8 7 11 15
Operating Profit 1 -0 0 0 0 -0 -0 -0 -0 6 11 4 18
OPM % 47% -23% 72% 64% 30% 42% 64% 28% 54%
-0 0 0 0 0 0 0 0 0 1 0 1 1
Interest 0 0 0 0 0 0 0 0 0 0 0 0 -2
Depreciation 0 0 0 0 0 0 0 0 0 0 0 1 2
Profit before tax 0 -0 0 0 0 -0 -0 -0 0 6 11 4 20
Tax % 90% -20% 26% 25% 20% -25% -27% -30% -2,000% 15% 18% 33% 25%
0 -0 0 0 0 -0 -0 -0 0 5 9 2 15
EPS in Rs 0.01 -0.01 0.02 0.01 0.01 -0.01 -0.01 -0.02 0.02 0.43 0.76 0.20 1.23
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
2 3 1 0 80
2 1 1 1 41
Operating Profit 0 3 1 -1 39
OPM % 1% 74% 49% 49%
0 -2 0 0 3
Interest 0 0 0 0 0
Depreciation 0 0 0 0 5
Profit before tax 0 0 1 -0 36
Tax % 26% 54% 24% -69% 25%
0 0 0 -0 27
EPS in Rs 0.01 0.01 0.03 -0.01 2.23
Dividend Payout % 0% 0% 0% 0% 45%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 185%
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 199%
TTM: 22792%
Stock Price CAGR
10 Years: 86%
5 Years: 150%
3 Years: 356%
1 Year: 426%
Return on Equity
10 Years: %
5 Years: 21%
3 Years: 23%
Last Year: 25%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 3 3 3 3 122
Reserves 3 3 3 3 90
2 3 1 1 10
3 1 1 0 17
Total Liabilities 10 10 8 7 239
1 2 2 0 55
CWIP 0 0 0 0 0
Investments 5 5 4 0 0
3 3 2 7 183
Total Assets 10 10 8 7 239

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-5 2 5 -1 -66
3 -4 -2 1 -109
1 2 -3 -0 180
Net Cash Flow -0 -1 -0 -0 6
Free Cash Flow -6 1 5 0 -127
CFO/OP -50,400% 78% 733% 86% -170%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 0 274 0 223
Inventory Days 76
Days Payable 78
Cash Conversion Cycle 0 274 0 221
Working Capital Days -431 1 494 666
ROCE % 31% 11% -5% 32%

Insights

In beta
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Number of Permanent Employees
employees ・Standalone data

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

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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