KRBL Ltd
KRBL is worlds leading basmati rice producer and has fully integrated operations in every aspect of basmati value chain, right from seed development, contract farming, procurement of paddy, storage, processing, packaging, branding and marketing.(Source : 202003 Annual Report Page No:181)
- Market Cap ₹ 7,512 Cr.
- Current Price ₹ 328
- High / Low ₹ 495 / 275
- Stock P/E 11.6
- Book Value ₹ 253
- Dividend Yield 1.06 %
- ROCE 15.2 %
- ROE 11.8 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- The company has delivered a poor sales growth of 8.84% over past five years.
- Company has a low return on equity of 11.2% over last 3 years.
- Dividend payout has been low at 10.7% of profits over last 3 years
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,059 | 3,345 | 3,144 | 3,246 | 4,120 | 4,499 | 3,992 | 4,211 | 5,365 | 5,385 | 5,594 | 6,098 | |
| 2,571 | 2,895 | 2,495 | 2,467 | 3,269 | 3,627 | 3,168 | 3,548 | 4,426 | 4,582 | 4,920 | 5,196 | |
| Operating Profit | 488 | 450 | 649 | 779 | 850 | 872 | 824 | 663 | 939 | 802 | 674 | 902 |
| OPM % | 16% | 13% | 21% | 24% | 21% | 19% | 21% | 16% | 18% | 15% | 12% | 15% |
| -1 | 92 | 6 | 40 | 15 | 22 | 22 | 42 | 92 | 97 | 61 | 70 | |
| Interest | 81 | 67 | 55 | 69 | 68 | 62 | 24 | 13 | 15 | 24 | 15 | 8 |
| Depreciation | 53 | 50 | 61 | 68 | 64 | 73 | 72 | 74 | 76 | 79 | 81 | 91 |
| Profit before tax | 353 | 425 | 539 | 682 | 733 | 759 | 751 | 618 | 941 | 795 | 640 | 873 |
| Tax % | 20% | 23% | 26% | 32% | 31% | 26% | 25% | 26% | 26% | 25% | 26% | 26% |
| 281 | 327 | 401 | 462 | 503 | 559 | 560 | 460 | 701 | 595 | 476 | 648 | |
| EPS in Rs | 11.93 | 13.91 | 17.04 | 19.62 | 21.38 | 23.77 | 23.80 | 19.54 | 29.77 | 26.01 | 20.79 | 28.30 |
| Dividend Payout % | 14% | 14% | 12% | 12% | 12% | 12% | 15% | 18% | 3% | 15% | 17% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 9% |
| 3 Years: | 4% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 3% |
| 3 Years: | -3% |
| TTM: | 36% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 8% |
| 3 Years: | -6% |
| 1 Year: | 5% |
| Return on Equity | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 12% |
| 3 Years: | 11% |
| Last Year: | 12% |
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 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 23 | 23 | 23 |
| Reserves | 1,235 | 1,437 | 1,848 | 2,256 | 2,694 | 3,095 | 3,662 | 4,040 | 4,661 | 4,826 | 5,208 | 5,773 |
| 1,351 | 1,167 | 1,090 | 1,245 | 1,428 | 572 | 369 | 145 | 250 | 545 | 407 | 170 | |
| 389 | 314 | 424 | 324 | 481 | 723 | 565 | 531 | 647 | 523 | 578 | 620 | |
| Total Liabilities | 2,999 | 2,942 | 3,386 | 3,849 | 4,627 | 4,413 | 4,619 | 4,739 | 5,581 | 5,917 | 6,215 | 6,586 |
| 635 | 760 | 1,003 | 971 | 930 | 967 | 935 | 911 | 886 | 890 | 909 | 1,319 | |
| CWIP | 114 | 100 | 2 | 2 | 1 | 12 | 9 | 2 | 16 | 13 | 21 | 14 |
| Investments | 11 | 17 | 14 | 13 | 12 | 10 | 23 | 25 | 35 | 119 | 355 | 864 |
| 2,240 | 2,065 | 2,367 | 2,862 | 3,685 | 3,424 | 3,652 | 3,801 | 4,644 | 4,895 | 4,931 | 4,389 | |
| Total Assets | 2,999 | 2,942 | 3,386 | 3,849 | 4,627 | 4,413 | 4,619 | 4,739 | 5,581 | 5,917 | 6,215 | 6,586 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 324 | 432 | 265 | 36 | -115 | 1,212 | 384 | 561 | -360 | 223 | 960 | ||
| -231 | -85 | -202 | -24 | 20 | -54 | -12 | -206 | 206 | -85 | -523 | ||
| -150 | -335 | -78 | 25 | 60 | -1,148 | -227 | -322 | 5 | -157 | -252 | ||
| Net Cash Flow | -57 | 11 | -15 | 36 | -36 | 10 | 145 | 32 | -149 | -18 | 186 | |
| Free Cash Flow | 92 | 260 | 64 | -1 | -137 | 1,182 | 343 | 520 | -419 | 141 | 865 | |
| CFO/OP | 82% | 117% | 58% | 29% | 12% | 161% | 71% | 111% | -11% | 54% | 163% |
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 | 38 | 17 | 27 | 28 | 35 | 19 | 18 | 25 | 19 | 21 | 31 | 28 |
| Inventory Days | 287 | 249 | 331 | 414 | 395 | 323 | 392 | 336 | 404 | 425 | 358 | 307 |
| Days Payable | 24 | 20 | 42 | 19 | 28 | 44 | 29 | 22 | 12 | 12 | 14 | 11 |
| Cash Conversion Cycle | 301 | 246 | 316 | 423 | 402 | 298 | 382 | 339 | 412 | 434 | 375 | 323 |
| Working Capital Days | 86 | 89 | 116 | 154 | 163 | 167 | 228 | 234 | 260 | 264 | 234 | 266 |
| ROCE % | 17% | 19% | 21% | 23% | 21% | 21% | 20% | 15% | 21% | 16% | 12% | 15% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Basmati Export Realization INR/MT |
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| India Modern Trade Market Share (Basmati) % |
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| Milling Capacity Metric Tonnes per Hour (MT/Hr) |
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| Processing/Grading Capacity Metric Tonnes per Hour (MT/Hr) |
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| Domestic Retail Reach (Outlets) Number |
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| Rice Sales Volume Lakh Tonnes |
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| India General Trade Market Share (Basmati) % |
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| Number of Distributors Number |
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| Paddy Inventory Volume (Closing) Metric Tonnes |
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| Rice Inventory Volume (Closing) Metric Tonnes |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
2m - Audio Recording of the Earnings Conference Call held on May 18, 2026
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Media Interaction Of Mr. Ashish Jain, Chief Financial Officer With NDTV Profit
52m - CFO Ashish Jain held media interaction with NDTV Profit on KRBL Q4 results, May 18, 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - KRBL will hold a virtual one-to-one investor meeting with Aurum Equity Partners LLP on May 20, 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 May - KRBL Limited has informed regarding the copy of newspaper publication
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
15 May - KRBL Limited has informed about Schedule of meet
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 2013
from nse
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Financial Year 2012
from bse
Concalls
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May 2026TranscriptAI SummaryPPT
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Nov 2021Transcript PPT
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Oct 2018TranscriptAI SummaryPPT
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Mar 2018TranscriptAI SummaryPPT
Market Leadership
The company is India’s largest exporter of branded basmati rice. Its India Gate brand is recognized as the world’s no. 1 basmati rice brand. It also has the largest rice milling plant in Punjab. It possesses the largest contact farming network coverage for rice [1]