Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE)

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Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE) · mywealthgrid

About

Kavveri Defence & Wireless Technologies operates in telecom equipment and accessories within the communication services sector. The ₹340-crore market-cap company operates at quarterly revenue scale under ₹2.5 crore, exposing it directly to India's telecom infrastructure capex cycles.

Face value: ₹10

Market cap

₹466 Cr

P/E

—

P/B

4.2×

Dividend yield

ROE

1.2%

ROCE

1.3%

Debt / equity

0.04

OPM

-16.5%

EPS (TTM)

₹-0.2

Book value

₹18.6

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Chronic unprofitability: OPM of -16.51% with recurring quarterly net losses (Jun 2026: -₹1.52 Cr; Dec 2025: -₹0.75 Cr) indicate the business model is not currently viable
Revenue instability: quarterly revenue ranges from ₹0.44 Cr to ₹2.1 Cr; verify whether this reflects lumpy demand or execution inconsistency
Negative equity returns: ROE of 1.25% despite low debt (D/E 0.04) suggests operational or asset-quality problems; shareholders earn near-zero profit
Stock valuation collapse: 52-week range ₹51.79–₹155.12 shows sharp decline from recent highs; verify whether this reflects fundamental deterioration or sentiment reversal

Generated analysis · source review pending

Growth drivers

Operating margin recovery from -16.51% OPM: verify cost structure and path to profitability
Revenue stabilization from ₹0.44–₹2.1 Cr quarterly swings: verify demand drivers and order visibility
Telecom equipment capex cycle positioning: verify company's design-wins and orders in India's 5G and infrastructure expansion
Institutional investor re-entry: FII/DII holdings at 2.2% and 0.01% are minimal; profitability could attract institutional backing

Generated analysis · source review pending

2,183 historical price candles were omitted because the exchange source has not been verified.

₹77.6+0.9%1Y

Quick read

rule-based

Pros

+Almost debt-free (debt/equity 0)
+Comfortable interest coverage of 42.3×

Cons

−Low return on equity of 2.7% (3-yr avg)
−Profit declined 66% a year over the last 3 years
−Low promoter holding of 24.6%

Research score

Structured signal from quality, growth, valuation and momentum.

50/100

Business quality: 40
Growth: 25
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Sterlite Technologies LimitedSTLTECHSTLTECH	₹49,095 Cr	₹50,922 Cr	₹5,642 Cr	₹829 Cr	12%	₹280 Cr	1.2%	9.5%	2.6%	58
Iti LimitedITIITI	₹23,210 Cr	₹23,975 Cr	₹2,111 Cr	₹53 Cr	2%	₹324 Cr	13.4%	2%	16.6%	-47
Tejas Networks LimitedTEJASNETTEJASNET	₹8,269 Cr	₹12,304 Cr	₹1,303 Cr	₹-647 Cr	-61.8%	₹-917 Cr	-82.4%	-26.7%	-26.8%	2,010
Optiemus Infracom LimitedOPTIEMUSOPTIEMUS	₹7,129 Cr	₹7,435 Cr	₹2,216 Cr	₹101 Cr	5.5%	₹73 Cr	3.7%	10.3%	9.2%	14
Valiant Communications LtdVALIANTVALIANT	₹1,973 Cr	₹1,975 Cr	₹85 Cr	₹30 Cr	35.6%	₹24 Cr	28.5%	40%	30.6%	172
Birla Cable LimitedBIRLACABLEBIRLACABLE	₹1,149 Cr	₹1,280 Cr	₹861 Cr	₹84 Cr	6.1%	₹46 Cr	2.2%	11.1%	6.3%	124
ADC India Communications LtdADCINDIAADCINDIA	₹1,031 Cr	₹1,031 Cr	₹200 Cr	₹21 Cr	10.3%	₹19 Cr	9.5%	31.2%	24.2%	24
Kavveri Defence & Wireless Technologies LimitedKAVDEFENCEKAVDEFENCE	₹466 Cr	₹471 Cr	₹6 Cr	₹-4 Cr	-16.5%	₹-1 Cr	14.7%	1.3%	1.2%	353
Umiya Buildcon LimitedUMIYA-MROUMIYA-MRO	₹172 Cr	₹297 Cr	₹73 Cr	₹26 Cr	35.9%	₹9 Cr	58.3%	29.7%	44.4%	914
Aksh Optifibre LimitedAKSHOPTFBRAKSHOPTFBR	₹115 Cr	₹199 Cr	₹148 Cr	₹12 Cr	2.1%	₹-2 Cr	-10.3%	-7.1%	—	-77
Punjab Communications LtdPUNJCOMMUPUNJCOMMU	₹67 Cr	₹68 Cr	₹21 Cr	₹-20 Cr	-26.9%	₹-12 Cr	11.1%	9.9%	10.1%	-218
Telogica LtdTELOGICATELOGICA	₹53 Cr	₹58 Cr	₹19 Cr	₹1 Cr	6.4%	₹2 Cr	4.4%	6.2%	6.2%	293

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	5	5	7	3	0	17	8
COGS	1	2	3	2	0	9	4
Gross profit	3	3	4	1	—	9	5
	4	4	4	209	3	6	6
	-1	-1	0	-208	-3	2	-1
OPM %	-12.8%	-12.9%	1.6%	-7,382.6%	—	12.2%	-16.5%
Depreciation	3	3	2	0	0	0	0
Interest	13	13	13	0	0	0	0
	1	0	0	240	2	5	3
Profit before tax	-16	-17	-15	32	-1	6	1
Tax	1	-0	3	0	-0	0	0
Tax %	8.1%	-2.6%	16.9%	0%	-0.7%	0%	0%
	-18	-16	-18	31	-1	6	1
PAT margin %	-390.5%	-317.2%	-261.4%	—	—	37.4%	14.7%
EPS (₹)	-8.8	-8.2	-9	0	-0.7	3.2	0.4
EPS adjusted (₹)	—	-8.2	-9	15.7	-0.7	3.2	0.2
Annual report	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	20	20	20	20	20	60
Reserves	9	-8	32	27	67	52
Minority interest	0	—	—	—	0	—
	207	210	0	5	19	4
	49	53	27	33	18	10
Total equity & liabilities	285	275	79	85	123	127
	7	5	2	2	2	3
CWIP	1	1	0	0	0	0
Investments	0	0	21	21	21	22
	277	269	56	62	100	102
Total assets	285	275	79	85	123	127

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	68.7%	56.2%	56.9%	40.4%	—	50%	58.4%
EBITDA margin %	-12.8%	-12.9%	1.6%	-7,382.6%	—	12.2%	-16.5%
EBIT margin %	-81.7%	-65.3%	-28.5%	-7,390.1%	—	10.3%	-18.8%
PAT margin %	-390.5%	-317.2%	-261.4%	1,116.7%	—	37.4%	14.7%
Working capital
Receivable days	—	2,743	2,630	219	—	167	317
Inventory days	—	9,302	7,075	358	—	133	392
Payable days	—	2,110	1,837	2,292	—	264	357
NWC days	—	9,935	7,867	-1,715	—	36	353
Leverage
Current ratio	—	0.76	0.67	1	1.24	1.29	5.67
Debt to EBITDA	—	—	1,906.64	—	—	9.1	—
Debt to equity	—	7.21	16.95	0	0.11	0.22	0.04
Interest coverage	-0.2	-0.3	-0.1	810.2	-32.8	161.3	42.3
Asset turnover	—	0.02	0.03	0.04	0	0.14	0.07
Return ratios
Return on assets %	—	-5.8%	-6.6%	39.9%	-1.6%	5.2%	1%
Return on capital employed %	—	-5.9%	-4.2%	73%	-2.3%	8.6%	1.3%
Return on equity %	—	-57.3%	-146.2%	60.3%	-2.8%	7.4%	1.1%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	15.14%	15.14%	15.14%	15.14%	15.14%	15.14%	15.14%	15.41%	15.41%	15.41%	24.56%	24.56%
	13.98%	13.01%	13.01%	13.01%	13.01%	13.01%	13.01%	7.61%	4.71%	4.73%	2.04%	2.2%
	4.91%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.01%	0.01%	0.01%	0.01%	0.01%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	65.97%	71.83%	71.83%	71.83%	71.83%	71.83%	71.83%	76.97%	79.87%	79.85%	73.39%	73.23%
No. of shareholders	—	—	—	—	—	—	—	—	30,908	33,139	35,415	36,052

Promoter holding up 9.42 percentage points since Sep 2023.

32 deals · 21 Sept 2021 – 23 Sept 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
23 Sept 2026	GIRISH GULATI HUF	Bulk	BSE	Buy	1,50,000	₹82.24	₹1.23 Cr
15 Oct 2025	NEO APEX SHARE BROKING SERVICES LLP	Bulk	NSE	Buy	1,05,002	₹126.02	₹1.32 Cr
15 Oct 2025	NEO APEX SHARE BROKING SERVICES LLP	Bulk	NSE	Sell	2	₹138.56	₹0.00 Cr
13 Oct 2025	NEO APEX VENTURE LLP	Bulk	NSE	Sell	2,00,000	₹125.69	₹2.51 Cr
13 Oct 2025	NEO APEX VENTURE LLP	Bulk	NSE	Buy	2,025	₹125.69	₹0.03 Cr
10 Oct 2025	NEO APEX VENTURE LLP	Bulk	NSE	Buy	2,88,313	₹108.30	₹3.12 Cr
18 Sept 2025	GREEN PEAKS ENTERPRISES LLP	Bulk	BSE	Buy	1,28,629	₹108.31	₹1.39 Cr
18 Sept 2025	GREEN PEAKS ENTERPRISES LLP	Bulk	NSE	Sell	1,03,701	₹107.84	₹1.12 Cr
18 Sept 2025	GREEN PEAKS ENTERPRISES LLP	Bulk	NSE	Buy	39,399	₹107.97	₹0.43 Cr
18 Sept 2025	GREEN PEAKS ENTERPRISES LLP	Bulk	BSE	Sell	38,026	₹107.95	₹0.41 Cr

1–10 of 32

1 / 4

Mr. Lakshmipuram Rajagopalachar VenugopalNon-Executive - Non Independent Director-Chairperson
Mr. Chennareddy ShivkumarreddyExecutive Director-MD
Mrs. Rajpeta Kasturi HanumenthareddyExecutive Director
Mr. Keerthi NarayanNon-Executive - Independent Director
Mr. Gokul RajendranNon-Executive - Independent Director
Mr. SANKETHRAM REDDY CHENNA REDDYExecutive Director
Ms. Vijayalaxmi S SalimathCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Kavveri Defence & Wireless Technologies Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

7

Final dividend18 Sept 2012 · ex-date₹1.5
Final dividend15 Sept 2011 · ex-date₹1.5
Final dividend16 Sept 2010 · ex-date₹2
Dividend dividend16 Sept 2009 · ex-date₹1
Dividend dividend16 Sept 2008 · ex-date₹1
Interim dividend25 Jan 2008 · ex-date₹1
Dividend dividend18 Sept 2007 · ex-date₹1

1

Board meeting to consider results14 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

16 announcementsExport CSV

1 Oct 2026, 5:50 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

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Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	68.7%	56.2%	56.9%	40.4%	—	50%	58.4%
EBITDA margin %	-12.8%	-12.9%	1.6%	-7,382.6%	—	12.2%	-16.5%
EBIT margin %	-81.7%	-65.3%	-28.5%	-7,390.1%	—	10.3%	-18.8%
PAT margin %	-390.5%	-317.2%	-261.4%	1,116.7%	—	37.4%	14.7%
Working capital
Receivable days	—	2,743	2,630	219	—	167	317
Inventory days	—	9,302	7,075	358	—	133	392
Payable days	—	2,110	1,837	2,292	—	264	357
NWC days	—	9,935	7,867	-1,715	—	36	353
Leverage
Current ratio	—	0.76	0.67	1	1.24	1.29	5.67
Debt to EBITDA	—	—	1,906.64	—	—	9.1	—
Debt to equity	—	7.21	16.95	0	0.11	0.22	0.04
Interest coverage	-0.2	-0.3	-0.1	810.2	-32.8	161.3	42.3
Asset turnover	—	0.02	0.03	0.04	0	0.14	0.07
Return ratios
Return on assets %	—	-5.8%	-6.6%	39.9%	-1.6%	5.2%	1%
Return on capital employed %	—	-5.9%	-4.2%	73%	-2.3%	8.6%	1.3%
Return on equity %	—	-57.3%	-146.2%	60.3%	-2.8%	7.4%	1.1%

Date	Category	Subject	Filing
1 Oct 2026, 5:50 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
1 Oct 2026, 5:47 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
30 Sept 2026, 6:06 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
15 Sept 2026, 1:50 pm	Company Update Award of Order / Receipt of Order	Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order	PDF
8 Sept 2026, 1:47 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
7 Sept 2026, 6:49 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
6 Sept 2026, 3:21 pm	Company Update Scheme of Arrangement	Announcement under Regulation 30 (LODR)-Scheme of Arrangement	PDF
6 Sept 2026, 3:19 pm	Others Outcome without intimation	Board Meeting Outcome for Outcome Of Board Meeting Held On September 06,2026 Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirement) Regulations, 2015, ('SEBI Listing Regulations')	PDF

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-5	-3	13	-19	1	-23
	-8	-6	43	-5	-21	-4
	9	9	-56	18	33	31
Net cash flow	-4	-0	-0	-6	13	3
Free cash flow	-5	-3	13	-19	1	-24
CFO / Operating profit %	—	—	—	—	31.3%	—

Kavveri Defence & Wireless Technologies Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

7

1

Announcements

7

1

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Compounded sales growth

Compounded profit growth

Return on equity

Kavveri Defence & Wireless Technologies Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Dividends7

Board meetings1

Announcements

Dividends7

Board meetings1

Ratio timeline

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Quarterly record

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

7

1

7

1