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On 6 Nov 2026, Kkalpana Industries (India) was priced at ₹5.69, or 81.3× trailing earnings, against an industry P/E of 22.1×, and the shares are 48% below their 52-week high. Its ROCE of 2.5% is the lowest among the 7 largest Specialty Chemicals peers, and sales and net profit fell 48% and 25% a year over 3 years, though net profit is above operating profit, which points to a one-off gain. The company has almost no debt. It is a small-cap company with a market cap of ₹54 Cr, ranked 162nd of 204 Specialty Chemicals companies by market cap; the shares fell 46% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹5.82
Day high
₹5.82
Day low
₹5.49
Prev. close
₹5.61
Volume
17K

Health check

1 fair · 4 to check
  • ReturnsBehind

    −45.8% over a year, better than 0 of 7 peers.

  • Price tagDistorted

    A one-off gain inflates profit, so P/E isn’t comparable right now.

  • GrowthShrinking

    Sales −48.4%, profit −25.2% a year over 3 years.

  • ProfitabilityWeak

    ROCE 2.5% vs peer median 24.4%.

  • Balance sheetFair

    Practically debt-free, Piotroski 7 of 9.

  • Red flags5 to check

    Return on equity is low at 2.1%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Chemicals

203 listed peers. Screen the industry

Small cap

₹54 Cr, #162 of 204 in its industry by size.

Defensive

Beta 0.76 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹32 Cr · profit ₹1 Cr
Market cap
₹54 Cr
Small cap
P/E
81.3
Industry 22.1
Price to book
1.69
Peers 13.33
Dividend yield
0.00%
ROE
2.1%
Peers 23.0%
ROCE
2.5%
Peers 24.4%
Debt to equity
0.02
Debt ₹0.68 Cr
EPS (TTM)
₹0.07
OPM (TTM)
−20.1%
Net margin 2.4%
Sales growth
−56.8%
Latest quarter vs a year ago
Profit growth
−63.7%
Latest quarter vs a year ago
Price to sales
1.67
EV/EBITDA 14.4

Strengths and risks

Strengths

  • Practically debt-free.

Risks to check

  • Return on equity is low at 2.1%.
  • Quarterly profit down 63.7% on a year ago.
  • Quarterly sales down 56.8% on a year ago.
  • Net profit is above operating profit, so a one-off gain is likely flattering earnings.
  • P/E of 81.3 against an industry P/E of 22.1.

Derived automatically from reported figures. Not a recommendation.

About Kkalpana Industries (India)

Kkalpana Industries (India) Limited manufactures and sells plastic compounds in India and internationally. It offers polyethylene, polyethylene terephthalate, polypropylene, polyvinyl chloride, and polystyrene. The company also provides reprocessed granules, scraps, and others compounds. It serves cable, piping, packaging, and footwear sectors. The company was incorporated in 1985 and is based in South 24 Parganas, India. Kkalpana Industries (India)…

Headquarters
South 24 Parganas
Employees
41
Sector
Basic Materials
ISIN
INE301C01028

Price range

52 weeks

₹5.42₹10.92

Today

₹5.49₹5.82
Avg volume (3M)
29.7K
1-year return
minus 45.8%
From 52-week high
minus 47.9%

Peers · Specialty Chemicals

Capital-heavy industry columns

Company
ASIANPAINTAsian Paints2,546.00plus 0.88%2,44,02550.535.024.4%18.9%0.211.1%plus 1.5%
SOLARINDSSolar Industries India18,608.00plus 0.48%1,68,38474.464.129.5%27.8%0.2212.4%plus 35.9%
PIDILITINDPidilite Industries1,579.00plus 1.63%1,60,82760.044.428.5%23.5%0.037.4%plus 6.8%
LINDEINDIALinde India6,859.00plus 8.73%58,496118.464.216.3%31.5%0.23–plus 5.4%
BERGEPAINTBerger Paints India478.35minus 5.28%55,77645.429.420.6%15.3%0.154.2%minus 6.0%
FLUOROCHEMGujarat Fluorochemicals4,665.50minus 0.94%51,25175.944.09.6%24.1%0.26−4.5%plus 28.0%
ACUTAASAcutaas Chemicals3,786.60plus 0.42%31,00170.964.127.7%39.4%0.0129.4%plus 105.6%
KKALPANAINDKkalpana Industries (India)5.69plus 1.43%5481.3–2.5%−20.1%0.02−48.4%minus 45.8%
Median of 7 peers–0.48%58,49670.944.424.4%24.1%0.215.8%6.8%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
9.47.310.99.84.1
11.41210.311.24.9
−2−4.80.5−1.4−0.8
−20.9%−65.6%5.0%−14.1%−20.3%
3.15.50.32.11.5
0.40.10.10.10.1
0.70.60.60.60.6
0.100.20.10
46.4%2429.6%91.4%72.4%21.7%
0.10.7000
0.010.07–––

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−48.4%
Profit CAGR 3Y
−25.2%
EPS CAGR 3Y
−26.3%
ROE
2.1%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
27262.140.537.4
–minus 77.2%minus 34.8%minus 7.8%
27671.346.144.4
−3.4−9.2−5.6−7.1
−1.2%−14.8%−13.9%−19.0%
13.718.69.80.2
5.55.13.20.6
2.52.92.42.4
0−0.82.210.3
2.40.60.70.4
21.0%63.2%0.8%−91.4%
1.90.20.70.8
–minus 88.5%+214.0%+15.5%
0.200.020.070.08

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
18.818.818.818.8
16.917.117.818.6
49.544.226.50.7
11.85.89.324.5
9785.972.462.6
34.230.127.125.1
0.10.100.3
0.61.50.5–
10.75.70.87.1
51.448.543.930.2
9785.972.462.6

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−4.21.913.132.4
−6.134−0.2
20.8−9.9−21.9−26.5
10.5−5−4.85.7
−5.5−1.7−0.1−0.7
−9.60.21331.7

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you