Kisan Mouldings Ltd (KISAN)

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Kisan Mouldings Ltd (KISAN) · mywealthgrid

About

Manufactures industrial plastic products. ₹270 Cr market cap, ₹70–83 Cr quarterly revenue. 70% promoter-held with minimal institutional ownership.

Face value: ₹10

Market cap

₹258 Cr

P/E

—

P/B

1.3×

Dividend yield

ROE

-3.7%

ROCE

-2%

Debt / equity

0.16

OPM

-0.8%

EPS (TTM)

₹-0.6

Book value

₹16.2

52-week high

—

52-week low

—

Key insights

Company research notes and source-linked reviews

Key risks

Profitability imploded from ₹89.89 Cr net profit (Mar 2024) to -₹16.6 Cr loss (Dec 2023); verify if Mar 2024 included one-time gains and whether operational profitability is durable

OPM averaging -8.88% with range -15.97% to +36.48%; identify whether volatility stems from cyclical demand, input-cost swings, product mix, or structural margin pressure

Stock down 37% in 1y signals investor skepticism of recovery credibility — verify operational root cause of prior losses and sustainability of recent stabilization

70% promoter concentration and <1% institutional backing restrict liquidity and external validation of business model

Generated analysis · source review pending

Growth drivers

Mar 2025 revenue of ₹83.3 Cr is upper end of recent range; verify if demand is structurally recovering or cyclical uptick

Recent quarters returned to small profits (Mar 2025: ₹0.52 Cr, Dec 2024: ₹0.4 Cr) at 2–3% OPM; thin margins mean modest revenue expansion could drive profit growth significantly if margins hold

D/E of 0.01 provides financial headroom for capex, M&A, or to absorb sector downturns without balance-sheet stress

Generated analysis · source review pending

2,292 historical price candles were omitted because the exchange source has not been verified.

₹21.6-2.2%1Y

Quick read

rule-based

Pros

+High promoter holding of 70.6% with no pledge

Cons

−Low return on equity of 8.9% (3-yr avg)
−Modest revenue growth of 3.6% a year over the last 5 years
−Weak interest coverage of -1.2×

Research score

Structured signal from quality, growth, valuation and momentum.

39/100

Business quality: 18
Growth: 0
Valuation: 98

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

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	529	568	534	248	210	307	273	268	273	250
COGS	344	415	395	194	159	298	236	218	184	180
Gross profit	185	153	138	54	51	10	37	50	89	70
	150	111	109	74	60	60	59	74	79	72
	35	42	30	-20	-9	-50	-22	-24	11	-2
OPM %	6.7%	7.3%	5.5%	-8.3%	-4.4%	-16.3%	-7.9%	-8.9%	3.9%	-0.8%
Depreciation	12	14	14	12	11	9	8	8	6	5
Interest	38	36	33	32	30	30	27	2	2	3
	2	5	1	7	2	4	2	91	0	3
Profit before tax	—	—	—	-57	-48	-85	-55	58	3	-7
Tax	-12	-4	-6	-15	-1	0	0	0	0	0
Tax %	—	—	—	-25.7%	-1.4%	0%	0%	0%	0%	0%
	-1	0	-10	-42	-47	-85	-55	58	3	-7
PAT margin %	-0.2%	0.1%	-1.8%	-17%	-22.5%	-27.7%	-20%	21.7%	1.2%	-3%
EPS (₹)	-0.3	0.1	-2.9	-12.4	-13.9	-25.1	-16.1	16.5	0.3	-0.6
EPS adjusted (₹)	-0.4	0.1	-2.9	-12.4	-13.9	-25.1	-16.1	4.9	0.3	-0.6
Annual report	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	Annual report for Mar 2026

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	20	20	34	34	34	34	34	34	119	119	119
Reserves	21	64	140	131	89	42	-43	-97	83	86	74
Minority interest	—	—	0	0	—	—	—	—	—	0	0
	227	226	192	185	164	188	181	195	2	31	32
	170	164	238	213	194	166	168	165	91	75	83
Total equity & liabilities	438	474	604	563	480	430	340	297	295	312	309
	117	164	171	153	126	117	109	102	141	147	141
CWIP	4	4	0	0	0	0	0	0	0	0	0
Investments	0	0	0	0	0	0	0	0	0	0	1
	317	306	434	410	354	313	231	194	154	165	167
Total assets	438	474	604	563	480	430	340	297	295	312	309

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Ratios

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

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	25.9%	21.7%	24.3%	3.1%	13.7%	18.6%	32.6%	28.1%
EBITDA margin %	5.5%	-8.3%	-4.4%	-16.3%	-7.9%	-8.9%	3.9%	-0.8%
EBIT margin %	2.9%	-12.9%	-9.5%	-19.2%	-10.8%	-11.7%	1.7%	-3%
PAT margin %	-1.8%	-17%	-22.5%	-27.7%	-20%	21.7%	1.2%	-3%
Working capital
Receivable days	100	136	125	83	78	37	65	62
Inventory days	167	311	360	109	105	64	109	142
Payable days	123	230	148	69	84	84	98	148
NWC days	144	218	338	124	99	17	76	56
Leverage
Current ratio	1.16	0.93	0.77	0.51	0.39	1.26	1.23	1.12
Debt to EBITDA	6.26	—	—	—	—	—	2.94	—
Debt to equity	1.12	1.33	2.49	-19.45	-3.07	0.01	0.15	0.16
Interest coverage	0.5	-0.8	-0.6	-1.9	-1	-14.2	2.9	-1.2
Asset turnover	0.95	0.52	0.49	0.9	0.92	0.91	0.88	0.81
Return ratios
Return on assets %	-1.7%	-8.8%	-11%	-25%	-18.4%	19.7%	1.1%	-2.4%
Return on capital employed %	6.9%	-12.5%	-13.7%	-117.1%	47.5%	-12.4%	2.5%	-2%
Return on equity %	-5.9%	-34.2%	-62.5%	913%	85.8%	28.7%	1.6%	-3.8%

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
	43.73%	43.73%	43.73%	65.97%	65.65%	65.65%	69.67%	70.67%	70.67%	67.33%	70.56%	70.56%
	0.48%	0.48%	0.48%	0.14%	0.54%	0.54%	0.54%	0.54%	0.54%	0.54%	0.54%	0.54%
	0.01%	0.01%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0.38%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	55.78%	55.78%	55.79%	33.89%	33.81%	33.81%	29.79%	28.79%	28.79%	32.13%	28.9%	28.52%
No. of shareholders	—	—	—	—	—	—	—	—	13,744	13,490	13,258	13,320

Promoter holding up 26.83 percentage points since Sep 2023.

31 deals · 9 Nov 2021 – 24 Feb 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
24 Feb 2026	APOLLO PIPES LIMITED	Bulk	BSE	Buy	40,00,000	₹24.50	₹9.80 Cr
24 Feb 2026	SINGHAL ENTERPRISES	Bulk	BSE	Sell	40,00,000	₹24.50	₹9.80 Cr
18 Sept 2025	SG GENERAL DEALERS LLP	Bulk	BSE	Sell	6,58,351	₹35.33	₹2.33 Cr
9 Jun 2025	APOLLO PIPES LIMITED	Bulk	BSE	Buy	12,00,000	₹41.25	₹4.95 Cr
9 Jun 2025	BALAJI AGENCIES	Bulk	BSE	Sell	6,50,000	₹41.24	₹2.68 Cr
9 Jun 2025	SINGHAL ENTERPRISES	Bulk	BSE	Sell	6,00,000	₹41.25	₹2.48 Cr
28 Feb 2025	APOLLO PIPES LIMITED	Bulk	BSE	Buy	6,00,000	₹46.50	₹2.79 Cr
27 Feb 2025	APOLLO PIPES LIMITED	Bulk	BSE	Buy	12,00,000	₹46.52	₹5.58 Cr
24 Feb 2025	APOLLO PIPES LIMITED	Bulk	BSE	Buy	6,00,000	₹48.11	₹2.89 Cr
14 Feb 2025	APOLLO PIPES LIMITED	Bulk	BSE	Buy	6,00,000	₹48.00	₹2.88 Cr

1–10 of 31

1 / 4

Mr. Rishav Sanjeev AggarwalExecutive Director
Mr. Arun AgarwalExecutive Director-MD
Mrs. Asha Anil AgarwalNon-Executive - Independent Director
Mr. Hosdurg Sundar Upendra KamathNon-Executive - Independent Director
Mr. Abhilash LalNon-Executive - Independent Director
Mr. Ajay Kumar JainNon-Executive - Non Independent Director
Mr. Suresh PurohitChief Financial Officer
Mr. Ranveer KumarCompany 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 Kisan Mouldings Ltd. 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.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

10 announcementsExport CSV

28 Jul 2026, 3:06 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

27 Jul 2026, 4:45 pmResult

Financial Results For The Quarter Ended June 30, 2026

Financial Results PDF

27 Jul 2026, 4:39 pmBoard Meeting

Board Meeting Outcome for Outcome Of Board Meeting Held On July 27, 2026

Outcome of Board Meeting PDF

22 Jul 2026, 11:02 amBoard Meeting

Board Meeting Intimation for Considering Unaudited Financial Results (Standalone & Consolidated)For The Quarter Ended June 30, 2026

Exchange filing PDF

17 Jul 2026, 7:25 pmCompany Update

Appointment Of Secretarial Auditor

General PDF

17 Jul 2026, 7:23 pmCompany Update

Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s

Appointment of Statutory Auditor/s PDF

17 Jul 2026, 7:20 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

17 Jul 2026, 7:17 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

Date	Category	Subject	Filing
28 Jul 2026, 3:06 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
27 Jul 2026, 4:45 pm	Result Financial Results	Financial Results For The Quarter Ended June 30, 2026

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	25.9%	21.7%	24.3%	3.1%	13.7%	18.6%	32.6%	28.1%
EBITDA margin %	5.5%	-8.3%	-4.4%	-16.3%	-7.9%	-8.9%	3.9%	-0.8%
EBIT margin %	2.9%	-12.9%	-9.5%	-19.2%	-10.8%	-11.7%	1.7%	-3%
PAT margin %	-1.8%	-17%	-22.5%	-27.7%	-20%	21.7%	1.2%	-3%
Working capital
Receivable days	100	136	125	83	78	37	65	62
Inventory days	167	311	360	109	105	64	109	142
Payable days	123	230	148	69	84	84	98	148
NWC days	144	218	338	124	99	17	76	56
Leverage
Current ratio	1.16	0.93	0.77	0.51	0.39	1.26	1.23	1.12
Debt to EBITDA	6.26	—	—	—	—	—	2.94	—
Debt to equity	1.12	1.33	2.49	-19.45	-3.07	0.01	0.15	0.16
Interest coverage	0.5	-0.8	-0.6	-1.9	-1	-14.2	2.9	-1.2
Asset turnover	0.95	0.52	0.49	0.9	0.92	0.91	0.88	0.81
Return ratios
Return on assets %	-1.7%	-8.8%	-11%	-25%	-18.4%	19.7%	1.1%	-2.4%
Return on capital employed %	6.9%	-12.5%	-13.7%	-117.1%	47.5%	-12.4%	2.5%	-2%
Return on equity %	-5.9%	-34.2%	-62.5%	913%	85.8%	28.7%	1.6%	-3.8%

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%	—

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	49	38	7	45	25	5	33	12	12	-41	-3
	-11	-18	-11	-5	25	6	-1	-0	4	-9	1
	-36	-23	6	-40	-53	-6	-37	-14	18	24	-4
Net cash flow	3	-3	2	0	-3	6	-5	-1	34	-26	-6
Free cash flow	37	17	—	—	22	4	31	11	3	-53	-14
CFO / Operating profit %	—	106.5%	16.3%	151.7%	—	—	—	—	—	-389%	—

Kisan Mouldings Ltd

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

Announcements

Not in the F&O segment

Ratio timeline

No fund holdings on record

Dividends7

Board meetings1

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Return on equity

7

1