Kiran Vyapar Ltd
Incorporated in 1995, Kiran Vyapar Ltd is in the business of providing loans and making investments in shares and securities[1]
- Market Cap ₹ 552 Cr.
- Current Price ₹ 202
- High / Low ₹ 267 / 162
- Stock P/E
- Book Value ₹ 454
- Dividend Yield 0.49 %
- ROCE 4.37 %
- ROE 3.19 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.45 times its book value
- Company is expected to give good quarter
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 4.07% over last 3 years.
- Dividend payout has been low at 7.90% 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 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15.75 | 19.60 | 19.50 | 24.15 | 42.87 | 53.52 | 31.38 | 103.43 | 129.05 | 44.56 | 99.49 | 73.21 | 47.76 | |
| Interest | 0.07 | 1.04 | 0.80 | 2.71 | 2.10 | 1.30 | 3.09 | 1.98 | 3.94 | 5.98 | 8.18 | 13.78 | 27.85 |
| 2.00 | 5.56 | 9.15 | 11.15 | 10.95 | 28.47 | 11.14 | 12.52 | 14.35 | 12.15 | 14.47 | 16.68 | 20.56 | |
| Financing Profit | 13.68 | 13.00 | 9.55 | 10.29 | 29.82 | 23.75 | 17.15 | 88.93 | 110.76 | 26.43 | 76.84 | 42.75 | -0.65 |
| Financing Margin % | 86.86% | 66.33% | 48.97% | 42.61% | 69.56% | 44.38% | 54.65% | 85.98% | 85.83% | 59.31% | 77.23% | 58.39% | -1.36% |
| 0.11 | 0.02 | 0.10 | 0.46 | 0.23 | 0.05 | 0.00 | 7.14 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Depreciation | 0.01 | 0.77 | 1.21 | 0.83 | 0.56 | 0.48 | 0.33 | 0.23 | 0.17 | 0.08 | 0.07 | 0.10 | 0.13 |
| Profit before tax | 13.78 | 12.25 | 8.44 | 9.92 | 29.49 | 23.32 | 16.82 | 95.84 | 110.60 | 26.35 | 76.77 | 42.65 | -0.78 |
| Tax % | 17.20% | 18.37% | 14.81% | 18.65% | 20.72% | 39.58% | 43.22% | 15.45% | 20.44% | 10.85% | 19.34% | 16.74% | |
| 11.42 | 10.00 | 7.19 | 8.07 | 23.38 | 14.08 | 9.55 | 81.04 | 87.98 | 23.49 | 61.92 | 35.52 | -4.17 | |
| EPS in Rs | 4.41 | 3.86 | 2.77 | 3.11 | 9.02 | 5.16 | 3.50 | 29.70 | 32.25 | 8.61 | 22.69 | 13.02 | -1.53 |
| Dividend Payout % | 34.05% | 64.80% | 90.13% | 80.30% | 27.72% | 48.44% | 21.42% | 5.05% | 4.65% | 11.61% | 4.41% | 7.68% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 18% |
| 3 Years: | -17% |
| TTM: | -42% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 30% |
| 3 Years: | -26% |
| TTM: | -108% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 16% |
| 3 Years: | 13% |
| 1 Year: | -11% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 6% |
| 3 Years: | 4% |
| Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 25.92 | 25.92 | 25.92 | 25.92 | 25.92 | 27.28 | 27.28 | 27.28 | 27.28 | 27.28 | 27.28 | 27.28 | 27.28 |
| Reserves | 540.99 | 543.49 | 542.88 | 550.95 | 613.68 | 637.62 | 607.86 | 728.67 | 836.21 | 872.71 | 1,026.81 | 1,143.35 | 1,211.45 |
| Borrowing | 0.00 | 2.81 | 27.08 | 24.98 | 25.13 | 20.26 | 16.37 | 29.24 | 35.45 | 128.24 | 69.05 | 291.35 | 355.67 |
| 5.58 | 9.31 | 9.87 | 4.54 | 9.63 | 23.00 | 17.01 | 30.40 | 50.64 | 58.58 | 76.19 | 81.51 | 87.32 | |
| Total Liabilities | 572.49 | 581.53 | 605.75 | 606.39 | 674.36 | 708.16 | 668.52 | 815.59 | 949.58 | 1,086.81 | 1,199.33 | 1,543.49 | 1,681.72 |
| 0.57 | 3.44 | 2.75 | 1.65 | 1.53 | 1.05 | 0.73 | 0.52 | 0.36 | 0.29 | 0.43 | 0.37 | 0.86 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 234.36 | 355.22 | 443.57 | 363.67 | 473.02 | 554.90 | 456.92 | 578.21 | 727.54 | 879.94 | 1,068.70 | 1,409.68 | 1,553.56 |
| 337.56 | 222.87 | 159.43 | 241.07 | 199.81 | 152.21 | 210.87 | 236.86 | 221.68 | 206.58 | 130.20 | 133.44 | 127.30 | |
| Total Assets | 572.49 | 581.53 | 605.75 | 606.39 | 674.36 | 708.16 | 668.52 | 815.59 | 949.58 | 1,086.81 | 1,199.33 | 1,543.49 | 1,681.72 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 8.35 | 128.72 | 64.70 | -64.07 | 35.81 | 61.34 | -47.22 | -9.70 | 64.79 | 5.30 | 82.10 | -9.79 | |
| -47.13 | -122.31 | -85.37 | 86.31 | -40.47 | -50.56 | 57.61 | -0.87 | -36.97 | -123.29 | -13.66 | -215.21 | |
| -0.06 | -2.77 | 16.49 | -9.88 | -7.63 | -9.96 | -10.73 | 10.88 | 2.12 | 88.68 | -62.06 | 219.57 | |
| Net Cash Flow | -38.84 | 3.64 | -4.17 | 12.36 | -12.29 | 0.82 | -0.34 | 0.31 | 29.93 | -29.31 | 6.38 | -5.43 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 2.07% | 1.76% | 1.26% | 1.43% | 3.84% | 2.16% | 1.47% | 10.83% | 10.87% | 2.66% | 6.34% | 3.19% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
5m - Acquired 0.681% of Greshma Finvest for INR 2,43,84,139; allotment on 9 Feb 2026.
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Announcement under Regulation 30 (LODR)-Acquisition
22h - Acquire 0.681% of Greshma Finvest for up to INR 2,43,84,139 via SSA dated 09-02-2026.
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Outcome Of The Board Meeting Held On Tuesday, 3Rd February, 2026 And Disclosure Under Regulation 30 And 33 Of The SEBI (LODR) Regulations, 2015
3 Feb - Board approved unaudited standalone and consolidated results for quarter and nine months ended 31 Dec 2025; limited review reports included.
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Announcement under Regulation 30 (LODR)-Meeting Updates
3 Feb - Board approved unaudited Q3 & 9M results ended 31 Dec 2025; limited review report.
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Board Meeting Outcome for Outcome Of The Board Meeting Held On Tuesday, 3Rd February, 2026 And Disclosure Under Regulation 30 And 33 Of The SEBI (LODR) Regulations, 2015
3 Feb - Approved unaudited standalone and consolidated Q3 and nine-month results for period ended 31 Dec 2025; limited review unmodified.
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
Busines Overview:[1]
KVL is a Systemically Important Non-Deposit Taking Non-Banking Financial Company. It is in the business of granting loans and making investments in marketable securities. It also avails and grants loans from related parties depending upon working capital requirements
and Investment opportunities