Kavveri Defence & Wireless Technologies Ltd
Incorporated in 1996, Kavveri Defence & Wireless Technologies Ltd is engaged in the design and development, and manufacture
of RF products and Antennas[1]
- Market Cap ₹ 356 Cr.
- Current Price ₹ 59.2
- High / Low ₹ 163 / 51.0
- Stock P/E 439
- Book Value ₹ 21.1
- Dividend Yield 0.00 %
- ROCE 0.73 %
- ROE 0.73 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 2.80 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 24.6%
- Company has a low return on equity of 2.31% over last 3 years.
- Contingent liabilities of Rs.255 Cr.
- Company has high debtors of 936 days.
- Working capital days have increased from 1,908 days to 3,825 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.16 | 0.25 | 0.45 | 0.64 | 1.73 | 1.65 | 0.73 | 1.13 | 0.11 | 0.00 | 14.77 | 5.10 | |
| 5.18 | 5.76 | 5.09 | 17.75 | 2.58 | 1.90 | 1.32 | 0.46 | 205.14 | 0.58 | 13.04 | 6.20 | |
| Operating Profit | -4.02 | -5.51 | -4.64 | -17.11 | -0.85 | -0.25 | -0.59 | 0.67 | -205.03 | -0.58 | 1.73 | -1.10 |
| OPM % | -346.55% | -2,204.00% | -1,031.11% | -2,673.44% | -49.13% | -15.15% | -80.82% | 59.29% | -186,390.91% | 11.71% | -21.57% | |
| -6.68 | 0.07 | 0.08 | 0.08 | -3.44 | 0.19 | 0.03 | 0.13 | 237.40 | -0.08 | 4.04 | 2.10 | |
| Interest | 13.46 | 13.44 | 13.44 | 13.44 | 13.44 | 13.45 | 13.44 | 13.45 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 3.53 | 4.03 | 4.03 | 3.83 | 3.90 | 3.11 | 2.69 | 2.06 | 0.19 | 0.19 | 0.32 | 0.19 |
| Profit before tax | -27.69 | -22.91 | -22.03 | -34.30 | -21.63 | -16.62 | -16.69 | -14.71 | 32.18 | -0.85 | 5.45 | 0.81 |
| Tax % | -1.37% | -3.75% | -4.13% | -18.80% | -98.84% | 8.00% | -2.58% | 17.81% | 0.03% | -1.18% | 0.00% | 0.00% |
| -27.31 | -22.05 | -21.12 | -27.84 | -0.25 | -17.94 | -16.26 | -17.33 | 32.17 | -0.85 | 5.45 | 0.81 | |
| EPS in Rs | -13.57 | -10.96 | -10.49 | -13.83 | -0.12 | -8.91 | -8.08 | -8.61 | 15.99 | -0.42 | 2.71 | 0.13 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 35% |
| 5 Years: | 48% |
| 3 Years: | 259% |
| TTM: | -65% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 15% |
| 3 Years: | -71% |
| TTM: | -85% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 101% |
| 3 Years: | 94% |
| 1 Year: | 2% |
| Return on Equity | |
|---|---|
| 10 Years: | -8% |
| 5 Years: | 7% |
| 3 Years: | 2% |
| Last Year: | 1% |
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 | 20.12 | 20.12 | 20.12 | 20.12 | 20.12 | 20.12 | 20.12 | 20.12 | 20.12 | 20.12 | 20.12 | 60.12 |
| Reserves | 130.30 | 108.25 | 87.13 | 59.28 | 59.03 | 41.09 | 24.18 | 6.86 | 37.58 | 36.73 | 75.59 | 66.99 |
| 134.43 | 147.83 | 102.33 | 84.53 | 167.02 | 180.45 | 191.21 | 204.45 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 112.24 | 120.69 | 172.18 | 105.29 | 43.34 | 43.66 | 46.39 | 48.69 | 11.78 | 9.54 | 7.35 | 14.07 | |
| Total Liabilities | 397.09 | 396.89 | 381.76 | 269.22 | 289.51 | 285.32 | 281.90 | 280.12 | 69.48 | 66.39 | 103.06 | 141.18 |
| 39.66 | 35.63 | 31.59 | 26.59 | 12.79 | 9.69 | 7.00 | 4.95 | 1.56 | 1.37 | 1.64 | 2.60 | |
| CWIP | 0.53 | 0.54 | 0.54 | 0.54 | 0.54 | 0.54 | 0.54 | 0.54 | 0.00 | 0.00 | 0.00 | 0.01 |
| Investments | 53.83 | 53.83 | 53.83 | 0.00 | 53.83 | 53.83 | 53.83 | 53.83 | 28.34 | 28.34 | 28.34 | 28.34 |
| 303.07 | 306.89 | 295.80 | 242.09 | 222.35 | 221.26 | 220.53 | 220.80 | 39.58 | 36.68 | 73.08 | 110.23 | |
| Total Assets | 397.09 | 396.89 | 381.76 | 269.22 | 289.51 | 285.32 | 281.90 | 280.12 | 69.48 | 66.39 | 103.06 | 141.18 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.72 | -0.11 | 17.40 | -5.19 | 26.07 | 0.53 | 0.10 | 3.64 | -67.63 | -2.23 | 0.75 | -30.44 | |
| 1.13 | 0.06 | -3.96 | 36.49 | -4.61 | -0.24 | 0.19 | -3.56 | 66.62 | 3.42 | -22.42 | 1.32 | |
| -3.73 | -0.01 | -13.44 | -31.24 | -21.48 | -0.27 | -0.20 | -0.20 | 0.97 | 0.00 | 33.41 | 30.59 | |
| Net Cash Flow | 0.12 | -0.05 | 0.00 | 0.06 | -0.02 | 0.02 | 0.09 | -0.11 | -0.04 | 1.19 | 11.74 | 1.46 |
| Free Cash Flow | 2.72 | -0.11 | 13.37 | -5.19 | 24.95 | 0.52 | 0.10 | 3.63 | -67.63 | -2.23 | 0.17 | -31.60 |
| CFO/OP | -68% | 2% | -375% | 30% | -3,067% | -212% | -17% | 543% | 33% | 386% | 43% | 2,767% |
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 | 18,671.64 | 86,753.20 | 34,512.78 | 24,443.59 | 8,146.04 | 8,527.73 | 19,530.00 | 12,629.65 | 7,930.45 | 128.75 | 936.12 | |
| Inventory Days | 69,593.33 | 260,975.00 | 109,173.42 | 54,586.71 | 29,971.71 | 35,559.66 | 28,050.00 | 83.84 | 355.19 | |||
| Days Payable | 67,111.33 | 294,235.62 | 111,651.58 | 1,248.68 | 6,142.43 | 7,312.37 | 5,875.00 | 101.92 | 80.46 | |||
| Cash Conversion Cycle | 21,153.64 | 53,492.58 | 32,034.62 | 77,781.62 | 31,975.33 | 36,775.02 | 41,705.00 | 12,629.65 | 7,930.45 | 110.68 | 1,210.85 | |
| Working Capital Days | 16,166.98 | 48,267.60 | 8,581.56 | -36,283.28 | -18,412.46 | -22,364.55 | -57,840.00 | -42,562.88 | -28,370.45 | -9.88 | 3,825.34 | |
| ROCE % | -2.33% | -3.38% | -3.54% | -11.17% | -2.28% | -1.30% | -1.36% | -0.54% | 24.08% | -1.05% | 7.14% | 0.73% |
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 | |
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Extracted by Screener AI
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Jul
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Closure of Trading Window
24 Jun - Trading window closes from July 1, 2026 until 48 hours after Q1 FY27 results.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Jun - News papaper publication of the Fianacial Results for the quarter and Financial Year ended March 31,2026.
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Results For Quarter And Year Ended 31.03.2026
30 May - Board approved FY26 audited results on May 30, 2026; profit rose to Rs 81.17 lakh; remuneration revised.
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Board Meeting Outcome for Board Meeting Out Come For Audited Finacial Results For March 31,2026
30 May - Board approved FY26 audited results; profit Rs 81.17 lakh, remuneration revised for three directors.
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 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Business Overview:[1][2]
a) KDWTL provides advanced RF solutions, serving defense, aerospace, public safety, counter-drone systems, and fixed wireless access.
b) It designs and manufactures high-
performance antennas, filters, and
combiners tailored for mission-critical
operations across the globe.
c) It also provides total turnkey solutions
for coverage and capacity enhancement requirements for GSM and CDMA carriers
in India.
d) Company is a provider of intelligent
indoor coverage solutions for the mobile communications industry.
e) It provides repeater solutions seamlessly to bring the outdoor signal inside for medium and large sized enterprise facilities, ensuring that cell phones and mobile devices work reliably indoors