Kavveri Defence & Wireless Technologies (KAVDEFENCE) is loss-making over the last 12 months, losing ₹1.05 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹81.56, 28% below its 52-week high. Sales grew 44% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹490 Cr, ranked 16th of 24 Communication Equipment companies by market cap; the shares fell 8.0% over the past year.
- ₹81.26
- ₹82.95
- ₹77.61
- ₹81.26
- 61.8K
Health check
- ReturnsIn line
−8.0% over a year, better than 4 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- GrowthUnder pressure
Sales +43.9%, profit −66.0% a year over 3 years, but loss-making now.
- ProfitabilityWeak
ROCE 1.1% vs peer median 10.8%.
- Balance sheetFair
Practically debt-free, Piotroski 4 of 9.
- Red flags4 to check
Loss-making over the last twelve months.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹490 Cr
- Small cap
- P/E
- n/a
- Industry 40.6
- Price to book
- 2.58
- Peers 8.15
- Dividend yield
- 0.00%
- ROE
- 1.3%
- Peers 16.6%
- ROCE
- 1.1%
- Peers 10.8%
- Debt to equity
- 0.04
- Debt ₹4.41 Cr
- EPS (TTM)
- −₹0.26
- Face value ₹10
- OPM (TTM)
- −66.0%
- Net margin −17.6%
- Sales growth
- −63.1%
- Latest quarter vs a year ago
- Profit growth
- −212.4%
- Latest quarter vs a year ago
- Price to sales
- 82.41
- EV/EBITDA −120.9
Strengths and risks
Strengths
- Practically debt-free.
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at 1.3%.
- Quarterly profit down 212.4% on a year ago.
- Quarterly sales down 63.1% on a year ago.
About Kavveri Defence & Wireless Technologies
Kavveri Defence & Wireless Technologies Limited engages in the design, development, and manufacture subsystem products, antennas and RF components, for defence, railroad transport, airports, aerospace and telecommunications applications in India and internationally. The company offers omnidirectional antenna, panel and sector antennas, Yagi antennas, vehicular/manpack antenna, adjustable & multisector, low-profile antenna, in-building/DAS/IBS,…
- Headquarters
- Bengaluru
- Employees
- 24
- Sector
- Technology
- ISIN
- INE641C01019
- Website
- kavveridefence.com
Price range
- Avg volume (3M)
- 3.5 L
- 1-year return
- minus 8.0%
- From 52-week high
- minus 27.6%
Peers · Communication Equipment
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| STLTECHSterlite Technologies | 719.90 | minus 5.00% | 37,018 | 52.4 | 65.8 | 8.0% | 22.0% | 0.22 | −11.8% | plus 530.2% |
| HFCLHFCL | 210.66 | minus 5.00% | 32,237 | 36.8 | 42.9 | 10.8% | 21.2% | 0.34 | 1.3% | plus 188.1% |
| ITIITI | 248.85 | minus 0.58% | 23,961 | 135.2 | 350.1 | 14.4% | −4.0% | 0.40 | 16.1% | minus 22.6% |
| ASTRAMICROAstra Microwave Products | 1,557.80 | minus 0.01% | 14,791 | 78.4 | 44.6 | 20.8% | 28.6% | 0.22 | 12.6% | plus 47.1% |
| TEJASNETTejas Networks | 417.20 | minus 1.59% | 7,422 | – | – | −29.5% | −23.2% | 1.97 | 6.1% | minus 21.7% |
| AVANTELAvantel | 138.69 | minus 1.24% | 3,686 | 190.0 | 76.9 | 8.2% | 24.7% | 0.31 | 12.9% | minus 16.3% |
| PACEDIGITKPace Digitek | 158.13 | minus 1.62% | 3,413 | 9.8 | 8.5 | 16.1% | 16.3% | 0.57 | 73.8% | minus 26.6% |
| KAVDEFENCEKavveri Defence & Wireless Technologies | 81.56 | plus 0.37% | 490 | – | 1325.2 | 1.1% | −109.3% | 0.04 | 43.9% | minus 8.0% |
| Median of 7 peers | – | −1.59% | 14,791 | 65.4 | 55.2 | 10.8% | 21.2% | 0.34 | 12.6% | −16.3% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 3.9 | 2.1 | 1.5 | 0.9 | 1.4 | |
| 2.9 | 2.2 | 2.1 | 2.7 | 2.9 | |
| 1 | −0.1 | −0.6 | −1.8 | −1.5 | |
| 26.6% | −2.7% | −42.2% | −190.2% | −103.1% | |
| 0.1 | 0.6 | 0.1 | 2.1 | 0.4 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0.1 | 0.1 | 0.1 | |
| 1.1 | 0.5 | −0.6 | 0.3 | −1.2 | |
| 1.1 | 0.5 | −0.6 | 0.3 | −1.2 | |
| 0.25 | 0.03 | -0.17 | 0.08 | -0.20 |
Profit & loss
- Sales CAGR 3Y
- +43.9%
- Profit CAGR 3Y
- −66.0%
- EPS CAGR 3Y
- −71.8%
- ROE
- 1.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.8 | 1.6 | 17.1 | 8.4 | |
| – | minus 43.9% | +979.6% | minus 50.8% | |
| −17.8 | 2.7 | 9.3 | 8.1 | |
| 20.6 | −1.1 | 7.9 | 0.4 | |
| 730.3% | −67.2% | 45.9% | 4.3% | |
| 218 | 0.4 | 2.4 | 1.1 | |
| 0 | 0 | 0 | 0 | |
| 0.2 | 0.2 | 0.3 | 0.2 | |
| −207 | −0.4 | −3.5 | −0.1 | |
| 31.5 | −1.3 | 6.4 | 1.2 | |
| 0.0% | 0.6% | – | – | |
| 31.5 | −1.3 | 6.4 | 1.2 | |
| – | minus 104.2% | – | minus 80.6% | |
| 15.65 | -0.66 | 1.56 | 0.35 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 20.1 | 20.1 | 20.1 | 60.1 | |
| 32.1 | 26.9 | 61.7 | 51.6 | |
| 0 | – | 18.9 | 4.4 | |
| 26.7 | 38.4 | 26.6 | 10.4 | |
| 79 | 85.4 | 127 | 127 | |
| 1.5 | 1.5 | 2 | 2.5 | |
| – | – | – | 0 | |
| 20.8 | – | 21.4 | 21.9 | |
| 0.2 | 2.7 | 14.3 | 17.7 | |
| 56.5 | 81.2 | 89.7 | 84.4 | |
| 79 | 85.4 | 127 | 127 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −18.7 | −11.3 | 0.6 | −22.9 | |
| 42.7 | −5 | −21.2 | −4.3 | |
| −24.1 | 17.5 | 33.4 | 30.5 | |
| −0.1 | 1.2 | 12.9 | 3.4 | |
| −0 | – | −0.6 | −1.2 | |
| −18.7 | −11.3 | 0 | −24 |
Shareholding pattern
- Promoters24.56%
- Public75.44%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 24.56% | 75.44% | 0.00 | |
| 30 Jun 2026 | 24.56% | 75.44% | 0.00 | |
| 31 Mar 2026 | 24.56% | 75.44% | 0.00 | |
| 6 Mar 2026 | 24.56% | 75.44% | plus 0.89 | |
| 5 Mar 2026 | 23.67% | 76.33% | – |
Major shareholders
Filings & events
News
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