Kross Ltd
₹ 206
-2.59%
09 Jan
- close price
About
Incorporated in 1991, Kross Ltd manufactures
high performance and safety critical components for the commercial vehicle, tractor and trailer axle industry[1]
Key Points
- Market Cap ₹ 1,332 Cr.
- Current Price ₹ 206
- High / Low ₹ 238 / 131
- Stock P/E 26.9
- Book Value ₹ 70.2
- Dividend Yield 0.00 %
- ROCE 21.7 %
- ROE 16.5 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 86.3% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 70.1 to 107 days.
- Working capital days have increased from 51.9 days to 106 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.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 160 | 184 | 297 | 489 | 620 | 620 | 605 | |
| 143 | 165 | 268 | 431 | 539 | 539 | 528 | |
| Operating Profit | 17 | 19 | 30 | 58 | 81 | 81 | 77 |
| OPM % | 10% | 10% | 10% | 12% | 13% | 13% | 13% |
| 0 | 0 | 0 | 1 | 1 | 5 | 7 | |
| Interest | 10 | 9 | 8 | 12 | 15 | 12 | 8 |
| Depreciation | 4 | 5 | 6 | 4 | 6 | 7 | 8 |
| Profit before tax | 3 | 6 | 16 | 42 | 61 | 67 | 69 |
| Tax % | 31% | 18% | 25% | 26% | 27% | 29% | |
| 2 | 5 | 12 | 31 | 45 | 48 | 50 | |
| EPS in Rs | 1.44 | 3.53 | 9.00 | 22.87 | 8.30 | 7.45 | 7.68 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 28% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 86% |
| 3 Years: | 58% |
| TTM: | 11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 8% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 25% |
| Last Year: | 17% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 27 | 32 | 32 |
| Reserves | 45 | 46 | 59 | 89 | 120 | 402 | 421 |
| 65 | 83 | 86 | 88 | 118 | 34 | 60 | |
| 35 | 31 | 39 | 60 | 87 | 105 | 86 | |
| Total Liabilities | 158 | 174 | 197 | 251 | 352 | 573 | 600 |
| 59 | 59 | 76 | 89 | 106 | 132 | 154 | |
| CWIP | 6 | 11 | 0 | 0 | 5 | 1 | 35 |
| Investments | 0 | 0 | 0 | 0 | 1 | 6 | 6 |
| 93 | 104 | 121 | 161 | 240 | 434 | 403 | |
| Total Assets | 158 | 174 | 197 | 251 | 352 | 573 | 600 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 16 | 1 | 18 | 42 | 8 | -32 | |
| -13 | -10 | -12 | -19 | -30 | -26 | |
| -4 | 5 | -6 | -11 | 15 | 136 | |
| Net Cash Flow | -0 | -4 | 0 | 12 | -7 | 77 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 79 | 81 | 62 | 39 | 65 | 107 |
| Inventory Days | 182 | 177 | 94 | 78 | 86 | 102 |
| Days Payable | 76 | 67 | 44 | 43 | 50 | 69 |
| Cash Conversion Cycle | 185 | 192 | 112 | 74 | 100 | 139 |
| Working Capital Days | 18 | 41 | 25 | 19 | 30 | 106 |
| ROCE % | 11% | 16% | 31% | 33% | 22% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
8 Jan - Of Schedule of Analyst/Instituitional Investor meet schedule to be held on 13 January 2026 Virtually
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Jan
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
31 Dec - Of Schedule of Analyst/Institutional meet Physically on 06th January 2026 at Mumbai
- Closure of Trading Window 30 Dec
-
Intimation Of Product Launch Under Regulation 30 Of SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations')
19 Dec - Launched Tipping Jacks (Tip Trailer Kit, HSN 84254200) on 19-Dec-2025; target 800/month by FY2027.
Concalls
-
Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT
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May 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
Business Overview:[1]
Kross Limited is an integrated automotive component manufacturer with over 30 years of operating history, specializing in trailer axles, suspension assemblies, and safety-critical forged, cast and machined components for M&HCVs, tractors, and off-highway vehicles. The company is backward integrated across design, forging, casting, heat treatment, machining, and surface coating, and is among the prominent trailer axle & suspension manufacturers in India