Kore Digital Ltd
Incorporated in 2009, Kore Digital Ltd is in
the business of Telecom and Communication Infrastructure[1]
- Market Cap ₹ 158 Cr.
- Current Price ₹ 132
- High / Low ₹ 377 / 110
- Stock P/E 3.27
- Book Value ₹ 109
- Dividend Yield 0.00 %
- ROCE 45.0 %
- ROE 35.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company's working capital requirements have reduced from 65.7 days to 47.3 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 156 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.
Peer comparison
Telecommunication Telecommunication Telecom - Services Telecom - Infrastructure
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|
| 104 | 328 | 494 | |
| 88 | 280 | 421 | |
| Operating Profit | 16 | 47 | 73 |
| OPM % | 15% | 14% | 15% |
| 2 | 0 | 0 | |
| Interest | 0 | 0 | 0 |
| Depreciation | 0 | 5 | 8 |
| Profit before tax | 16 | 42 | 65 |
| Tax % | 30% | 24% | |
| 11 | 32 | 49 | |
| EPS in Rs | 9.58 | 26.74 | 40.31 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 217% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 180% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -57% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 35% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|
| Equity Capital | 4 | 12 | 12 |
| Reserves | 71 | 94 | 119 |
| 1 | 7 | 6 | |
| 77 | 133 | 175 | |
| Total Liabilities | 153 | 246 | 312 |
| 10 | 39 | 36 | |
| CWIP | 0 | 24 | 24 |
| Investments | 0 | 0 | 0 |
| 142 | 183 | 252 | |
| Total Assets | 153 | 246 | 312 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| -8 | 13 | |
| -8 | -57 | |
| 56 | 5 | |
| Net Cash Flow | 40 | -38 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Debtor Days | 173 | 156 |
| Inventory Days | ||
| Days Payable | ||
| Cash Conversion Cycle | 173 | 156 |
| Working Capital Days | 84 | 47 |
| ROCE % | 45% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Net Capital Turnover Ratio Ratio ・Standalone data |
|
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| Number of Full-time Employees Number ・Standalone data |
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| Number of Pole-based Cell Sites Commissioned Number |
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| Total Network Fiber Length Kilometers |
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| Underground Fiber Optic Backbone (Developed in last 2 years) Kilometers |
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| Project Pipeline INR Crores |
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Documents
Announcements
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Outcome of Board Meeting
12 March 2026 - 12 Mar 2026: Board approved consent to use premises as registered office for Kore Additive Manufacturing Pvt Ltd.
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Updates
12 March 2026 - Kore Digital receives Indian Air Force ISC vendor approval for 3D-printed components, valid until March 2031.
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Updates
6 March 2026 - Kore Digital engaged IAF at Jodhpur; three product opportunities shortlisted; expects development orders possibly this month.
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Updates
17 February 2026 - Promoter Ravindra Doshi purchased 12,000 shares on 16 Feb 2026 via open market.
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Updates
14 February 2026 - Ravindra Doshi purchased 12,150 KDL shares on 13-Feb-2026 via open market.
Annual reports
Concalls
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Sep 2025Transcript PPT
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Jun 2025Transcript PPT REC
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Feb 2025TranscriptPPTREC
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Nov 2024Transcript PPT REC
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Sep 2024TranscriptAI SummaryPPT
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Aug 2024TranscriptAI SummaryPPTREC
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May 2024TranscriptPPTREC
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Feb 2024TranscriptAI SummaryPPT
Business Overview:[1]
KDL specializes in telecommunication infrastructure development and related allied services. It is licensed as an Infrastructure Provider Category-I (IP-I) by the Department of Telecommunications, Government of India.
The company deploys, owns, operates, and maintains telecom infrastructure and monetizes assets by leasing dark fiber, ducts, and tower space to telecom operators.