Kore Digital Ltd
Incorporated in 2009, Kore Digital Ltd is in
the business of Telecom and Communication Infrastructure[1]
- Market Cap ₹ 141 Cr.
- Current Price ₹ 117
- High / Low ₹ 375 / 101
- Stock P/E 3.83
- Book Value ₹ 118
- Dividend Yield 0.00 %
- ROCE 38.1 %
- ROE 29.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.99 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.7%
- Company's working capital requirements have reduced from 57.1 days to 39.9 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 166 days.
- Promoter holding has decreased over last 3 years: -36.0%
* 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
Part of Nifty SME Emerge
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 104 | 328 | 408 | |
| 88 | 280 | 351 | |
| Operating Profit | 16 | 47 | 57 |
| OPM % | 15% | 14% | 14% |
| 2 | 0 | 0 | |
| Interest | 0 | 0 | 1 |
| Depreciation | 0 | 5 | 7 |
| Profit before tax | 16 | 42 | 50 |
| Tax % | 30% | 24% | 26% |
| 11 | 32 | 37 | |
| EPS in Rs | 9.58 | 26.74 | 30.70 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 25% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 14% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -61% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 28% |
| Last Year: | 29% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 4 | 12 | 12 |
| Reserves | 71 | 94 | 130 |
| 1 | 7 | 6 | |
| 77 | 133 | 162 | |
| Total Liabilities | 153 | 246 | 310 |
| 10 | 39 | 89 | |
| CWIP | 0 | 24 | 0 |
| Investments | 0 | 0 | 0 |
| 142 | 183 | 221 | |
| Total Assets | 153 | 246 | 310 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| -8 | 13 | ||
| -8 | -57 | ||
| 56 | 5 | ||
| Net Cash Flow | 40 | -38 | |
| Free Cash Flow | -16 | -44 | |
| CFO/OP | -45% | 50% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 173 | 156 | 166 |
| Inventory Days | 33 | ||
| Days Payable | 342 | ||
| Cash Conversion Cycle | 173 | 156 | -143 |
| Working Capital Days | 84 | 47 | 40 |
| ROCE % | 45% | 38% |
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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Extracted by Screener AI
Documents
Announcements
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Updates
31 May 2026 - Board approved FY26 audited results; consolidated profit Rs 36.9 crore on Rs 408.4 crore revenue; IPO proceeds fully utilized.
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Outcome of Board Meeting
31 May 2026 - Board approved audited standalone/consolidated results for year ended 31 Mar 2026; auditors issued unmodified opinion; IPO proceeds fully utilized.
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Structural Digital Database
30 May 2026 - Submitted SDD compliance certificate for FY ended March 31, 2026.
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Price movement
27 April 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
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Trading Window
31 March 2026 - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results; board meeting date to be intimated.
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 2024TranscriptPPTREC
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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.