Kingfa Science & Technology (India) Limited (KINGFA)

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Kingfa Science & Technology (India) Limited (KINGFA) · mywealthgrid

About

Kingfa Science & Technology manufactures plastic products for industrial applications within India's Industrials sector. The company has a market capitalisation of ₹7,983 Cr and demonstrates financial strength with zero debt, 13.1% operating margins, and 17.4% return on equity.

Face value: ₹10

Market cap

₹8,958 Cr

P/E

39.7×

P/B

6.4×

Dividend yield

0.3%

ROE

17.4%

ROCE

23.6%

Debt / equity

OPM

13.1%

EPS (TTM)

₹166.5

Book value

₹1,032.7

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

PE of 43.09 is elevated; the company must sustain rapid profit growth (EPS rose 26% year-on-year to March 2026) to justify valuation without correction risk.
Industrial plastic demand is cyclical; verify exposure to automotive, manufacturing and other end-markets and resilience to sector downturns.
Raw material costs drive profitability in plastic products; check whether the company has pricing power to pass input inflation to customers or actively hedges commodity exposure.
Promoter shareholding is concentrated at 67%; verify governance structures and minority investor protections given limited institutional participation (FII 7.74%, DII 8.79%).

Generated analysis · source review pending

Growth drivers

Revenue accelerated 23% year-on-year to ₹578.5 Cr (Mar 2026), outpacing the prior year's 12.8% growth; verify whether this reflects market share gains or underlying demand recovery.
Net profit surged 41% year-on-year (Mar 2026) while operating margins improved to 14% from 12.87% a year earlier; verify sustainability of this operational improvement.
Stock appreciated 68% over one year and now trades near 52-week highs (₹5,870 vs range ₹3,483–₹6,029); validate whether market confidence reflects genuine demand strength or contains downside risk if growth disappoints.
Operating margin expanded to 14% (Mar 2026), the highest in recent quarters; verify whether this reflects improved cost discipline, pricing power, or temporary supply dynamics.

Generated analysis · source review pending

2,439 historical price candles were omitted because the exchange source has not been verified.

₹6,586.5+1%1Y

Quick read

rule-based

Pros

+Strong return on equity of 21.3% (3-yr avg)
+High return on capital employed of 29.2%
+Profit CAGR of 103.4% over the last 5 years
+Revenue CAGR of 26% over the last 5 years
+Almost debt-free (debt/equity 0)
+Comfortable interest coverage of 67.6×
+High promoter holding of 67% with no pledge

Cons

−Promoter holding fell 8 pts over the last year

Research score

Structured signal from quality, growth, valuation and momentum.

62/100

Business quality: 68
Growth

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.

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Financials

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

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	314	426	618	701	742	627	1,048	1,404	1,488	1,745	1,996
COGS	-255	-362	-500	-596	608	523	863	1,117	1,155	1,348	1,518
Gross profit	—	—	—	—	134	104	185	286	332	397	478
	543	759	1,079	1,272	91	84	103	158	147	172	216
	27	28	39	26	43	20	82	128	185	225	261
OPM %	8.5%	6.7%	6.3%	3.7%	5.8%	3.2%	7.8%	9.1%	12.4%	12.9%	13.1%
Depreciation	3	3	6	8	9	11	13	14	18	22	28
Interest	7	10	3	2	4	3	5	7	6	7	4
	1	—	9	14	3	6	-22	2	3	9	21
Profit before tax	17	17	39	29	33	12	41	110	164	206	250
Tax	7	5	14	10	9	7	11	28	42	53	65
Tax %	37.9%	30.5%	36.1%	34.8%	26.2%	55.1%	25.9%	25.7%	25.4%	25.8%	25.9%
	11	12	25	19	25	5	31	81	123	153	185
PAT margin %	3.4%	2.8%	4%	2.7%	3.3%	0.9%	2.9%	5.8%	8.2%	8.8%	9.3%
EPS (₹)	13	11.7	20.4	15.7	20.3	4.4	25.3	67.2	101.2	126.2	144.1
EPS adjusted (₹)	—	11.7	—	—	20.3	4.4	25.3	67.2	101.2	126.2	136.7
	0%	0%	0%	0%	0%	0%	0%	0%	9.9%	0%	13.9%
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	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 2017	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	10	0	12	12	12	12	12	12	14
Reserves	0	0	336	342	372	454	576	717	1,386
Minority interest	—	—	—	0	—	—	—	—	—
	16	0	45	42	32	38	31	39	0
	204	0	203	275	460	506	375	388	355
Total equity & liabilities	230	0	596	671	877	1,010	994	1,156	1,754
	29	0	107	129	126	123	252	244	300
CWIP	41	0	115	123	127	131	2	41	61
Investments	0	0	0	0	0	0	0	0	0
	160	0	375	419	624	756	740	871	1,393
Total assets	230	0	596	671	877	1,010	994	1,156	1,754

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Ratios

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

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	18.1%	16.6%	17.7%	20.4%	22.3%	22.8%	23.9%
EBITDA margin %	3.7%	5.8%	3.2%	7.8%	9.1%	12.4%	12.9%	13.1%
EBIT margin %	2.5%	4.6%	1.5%	6.6%	8.1%	11.2%	11.7%	11.7%
PAT margin %	2.7%	3.3%	0.9%	2.9%	5.8%	8.2%	8.8%	9.3%
Working capital
Receivable days	—	97	123	99	93	99	93	98
Inventory days	—	67	100	110	94	76	82	78
Payable days	—	115	152	181	155	110	94	75
NWC days	—	49	71	28	32	66	80	100
Leverage
Current ratio	—	1.61	1.46	1.31	1.37	1.8	2.02	4.06
Debt to EBITDA	—	1.04	2.1	0.39	0.3	0.17	0.17	0
Debt to equity	—	0.13	0.12	0.08	0.08	0.05	0.05	0
Interest coverage	15.1	10.4	4.6	13.2	17.8	30.3	31.9	67.6
Asset turnover	—	1.24	0.93	1.2	1.39	1.5	1.51	1.14
Return ratios
Return on assets %	—	4.1%	0.8%	3.5%	8.1%	12.3%	13.2%	10.6%
Return on capital employed %	—	10%	4%	17.6%	26.4%	31.9%	32.1%	23.6%
Return on equity %	—	7.1%	1.5%	8%	17.5%	20.8%	21%	13.2%

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
	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	67.02%	67.02%	67.02%	67.02%
	6.35%	6.36%	6.33%	6.33%	6.36%	6.35%	6.35%	6.34%	7.78%	7.73%	7.76%	7.74%
	0%	0%	0%	0%	0.04%	0%	0.17%	0.15%	8.75%	8.75%	8.85%	8.79%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	18.66%	18.65%	18.68%	18.68%	18.61%	18.66%	18.49%	18.52%	16.45%	16.5%	16.37%	16.45%
No. of shareholders	—	—	—	—	—	—	—	—	12,610	12,303	11,991	12,293

Promoter holding down 7.97 percentage points since Sep 2023.

2 deals · 4 Jul 2024 – 4 Jul 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
4 Jul 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	69,288	₹2,723.62	₹18.87 Cr
4 Jul 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	69,288	₹2,724.99	₹18.88 Cr

1–2 of 2

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Bo JingenExecutive Director-Chairperson-MD
Mr. Doraiswami BalajiExecutive Director
Mr. Sun YajieExecutive Director
Ms. Nilima Ramrao ShindeNon-Executive - Independent Director
Mr. Ramachandran SudhinderNon-Executive - Independent Director
Mr. Subramanyan S. K.Non-Executive - Independent Director
Mr. Wang DazhongChief Executive Officer
Mr. Chen XiaoqiongChief Financial Officer
Mr. Deepak VyasCompany 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.

Portfolio month

Schemes holding

across 2 fund houses

Held by these funds

6.15%

of the company's equity

All mutual funds

6.64%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

4 schemes · 2 fund houses

		Shares
Flexicap Fund	SBI Mutual Fund	3.46 L	209.24	0.9%	2.543%	-0
Conservative Hybrid Fund	SBI Mutual Fund	2.9 L	175.41	1.72%	2.132%	-54,130
Automotive Opportunities Fund	SBI Mutual Fund	2 L	121.01	1.91%	1.471%	-0
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	9	0.01	0.01%	0%	-0

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Documents

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

Announcements

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Events

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

6

Final dividend21 Sept 2026 · ex-date₹20
Final dividend17 Sept 2024 · ex-date₹10
Dividend dividend22 Sept 2011 · ex-date₹0.6
Final dividend11 Sept 2008 · ex-date₹0.7
Interim dividend14 Feb 2008 · ex-date₹0.5
Dividend dividend6 Sept 2007 · ex-date₹1.2

1

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

21 announcementsExport CSV

30 Sept 2026, 11:54 amAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	18.1%	16.6%	17.7%	20.4%	22.3%	22.8%	23.9%
EBITDA margin %	3.7%	5.8%	3.2%	7.8%	9.1%	12.4%	12.9%	13.1%
EBIT margin %	2.5%	4.6%	1.5%	6.6%	8.1%	11.2%	11.7%	11.7%
PAT margin %	2.7%	3.3%	0.9%	2.9%	5.8%	8.2%	8.8%	9.3%
Working capital
Receivable days	—	97	123	99	93	99	93	98
Inventory days	—	67	100	110	94	76	82	78
Payable days	—	115	152	181	155	110	94	75
NWC days	—	49	71	28	32	66	80	100
Leverage
Current ratio	—	1.61	1.46	1.31	1.37	1.8	2.02	4.06
Debt to EBITDA	—	1.04	2.1	0.39	0.3	0.17	0.17	0
Debt to equity	—	0.13	0.12	0.08	0.08	0.05	0.05	0
Interest coverage	15.1	10.4	4.6	13.2	17.8	30.3	31.9	67.6
Asset turnover	—	1.24	0.93	1.2	1.39	1.5	1.51	1.14
Return ratios
Return on assets %	—	4.1%	0.8%	3.5%	8.1%	12.3%	13.2%	10.6%
Return on capital employed %	—	10%	4%	17.6%	26.4%	31.9%	32.1%	23.6%
Return on equity %	—	7.1%	1.5%	8%	17.5%	20.8%	21%	13.2%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Supreme Industries LimitedSUPREMEINDSUPREMEIND	₹42,926 Cr	₹42,926 Cr	₹11,326 Cr	₹1,632 Cr	13.9%	₹1,032 Cr	8.5%	19.1%	16.1%	44
Garware Hi-Tech Films LimitedGRWRHITECHGRWRHITECH	₹16,067 Cr	₹16,067 Cr	₹2,258 Cr	₹497 Cr	20.5%	₹388 Cr	16%	17.6%	13.5%	89
Finolex Industries LimitedFINPIPEFINPIPE	₹9,338 Cr	₹9,775 Cr	₹3,954 Cr	₹692 Cr	16.5%	₹615 Cr	14.6%	12.2%	9.7%	133
Kingfa Science & Technology (India) LimitedKINGFAKINGFA	₹8,958 Cr	₹8,958 Cr	₹2,222 Cr	₹314 Cr	13.1%	₹226 Cr	9.3%	23.6%	17.4%	100
Time Technoplast LimitedTIMETECHNOTIMETECHNO	₹8,869 Cr	₹9,508 Cr	₹6,445 Cr	₹922 Cr	14.6%	₹490 Cr	7.8%	18.2%	13.4%	161
Prince Pipes And Fittings LimitedPRINCEPIPEPRINCEPIPE	₹2,731 Cr	₹2,871 Cr	₹2,627 Cr	₹270 Cr	8.9%	₹102 Cr	2.8%	6.4%	4.5%	71
Apollo Pipes LimitedAPOLLOPIPEAPOLLOPIPE	₹2,255 Cr	₹2,379 Cr	₹1,125 Cr	₹49 Cr	6%	₹-15 Cr	0.4%	2.1%	0.6%	58
Jain Irrigation Systems LimitedJISLJALEQSJISLJALEQS	₹1,951 Cr	₹6,013 Cr	₹6,362 Cr	₹765 Cr	12.5%	₹-53 Cr	-0.6%	7.3%	-0.4%	230
Jai Corp LimitedJAICORPLTDJAICORPLTD	₹1,571 Cr	₹1,571 Cr	₹541 Cr	₹70 Cr	10.6%	₹93 Cr	32.9%	13.1%	11.7%	269
Premier Polyfilm LimitedPREMIERPOLPREMIERPOL	₹949 Cr	₹949 Cr	₹365 Cr	₹50 Cr	13.6%	₹35 Cr	9.4%	31.2%	24.1%	102
R M Drip And Sprinklers Systems LimitedRMDRIPRMDRIP	₹587 Cr	₹640 Cr	₹207 Cr	₹53 Cr	26.6%	₹35 Cr	17.7%	33.6%	31.5%	268
Prakash Pipes LimitedPPLPPL	₹582 Cr	₹621 Cr	₹780 Cr	₹118 Cr	15.1%	₹83 Cr	10.7%	28.6%	20.5%	—

Date	Category	Subject	Filing
30 Sept 2026, 11:54 am	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
28 Sept 2026, 6:04 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
7 Sept 2026, 5:49 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
6 Sept 2026, 12:03 am	Others Business Responsibility and Sustainability Reporting (BRSR)	Business Responsibility and Sustainability Reporting (BRSR)	PDF
5 Sept 2026, 11:58 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
5 Sept 2026, 9:07 pm	Company Update General	Communication To Shareholders - Intimation On Tax Deduction On Dividend	PDF
5 Sept 2026, 8:37 pm	Company Update General	Physical Letters To The Shareholders Of The Company For Accessing Notice Of AGM & Annual Report	PDF
5 Sept 2026, 8:11 pm	AGM/EGM AGM	Revised Notice Of 42Nd Annual General Meeting, E-Voting And Record Date For Dividend.	PDF

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-7	49	-116	-2	-2	38	27	16	60	66
	-6	-77	-6	-14	-14	-18	-24	2	-30	-392
	4	-7	14	7	17	-15	-21	-8	-7	438
Net cash flow	0	-35	-108	1	1	5	-18	10	23	112
Free cash flow	-6	51	-105	-17	-17	19	2	15	30	-45
CFO / Operating profit %	-25.5%	126.8%	-449.7%	-4.4%	-9.5%	46.8%	21.3%	8.7%	26.6%	25.3%

Kingfa Science & Technology (India) 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

Documents

Announcements

Events

6

1

Announcements

Not in the F&O segment

Announcements

6

1

Annual reports

Compounded sales growth

Compounded profit growth

Return on equity

Kingfa Science & Technology (India) 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

Documents

Announcements

Events

Dividends6

Board meetings1

Announcements

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

Announcements

Dividends6

Board meetings1

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

6

1

6

1