On 6 Nov 2026, Kothari Products was priced at ₹59.81, or 17.5× trailing earnings, against an industry P/E of 14.8×, and the shares are 35% below their 52-week high. Sales fell 10% a year over 3 years while net profit grew 81%, with ROCE of 4.1% and ROE of 2.7%, though net profit is above operating profit, which points to a one-off gain. It carries very little debt. It is a small-cap company with a market cap of ₹357 Cr, ranked 25th of 52 Conglomerates companies by market cap; the shares fell 30% over the past year.
- ₹63.50
- ₹63.50
- ₹58.51
- ₹63.10
- 17.2K
Health check
- ReturnsBehind
−29.9% 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.
- GrowthSteady
Sales −10.0%, profit +81.1% a year over 3 years.
- ProfitabilityWeak
ROCE 4.1% vs peer median 12.8%.
- Balance sheetSolid
Debt 0.09× equity, interest covered 5.0×.
- Red flags5 to check
Return on equity is low at 2.7%.
Small cap
Defensive
Key metrics
- Market cap
- ₹357 Cr
- Small cap
- P/E
- 17.5
- Industry 14.8
- Price to book
- 0.31
- Peers 5.18
- Dividend yield
- 0.00%
- ROE
- 2.7%
- Peers 11.6%
- ROCE
- 4.1%
- Peers 12.8%
- Debt to equity
- 0.09
- Debt ₹99 Cr
- EPS (TTM)
- ₹3.41
- Face value ₹10
- OPM (TTM)
- −5.9%
- Net margin 2.0%
- Sales growth
- +8.6%
- Latest quarter vs a year ago
- Profit growth
- −58.5%
- Latest quarter vs a year ago
- Price to sales
- 0.35
- EV/EBITDA −5.3
Strengths and risks
Strengths
- Practically debt-free.
Risks to check
- Return on equity is low at 2.7%.
- Quarterly profit down 58.5% on a year ago.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- 35% below its 52-week high.
- Interest coverage of only −4.6×.
About Kothari Products
Kothari Products Limited, together with its subsidiaries, engages in international trade and real estate activities in India. It operates through two segments, Trading Items and Real Estate etc. The company involved in the import, export, and trade of various products/commodities, including agro based commodities, minerals, metals, petroleum products and coal, tiles, notebooks, computer storage devices, computer hardware products, electronic components,…
- Headquarters
- Kanpur
- Employees
- 44
- Sector
- Industrials
- ISIN
- INE823A01017
- Website
- kothariproducts.in
Price range
- Avg volume (3M)
- 10.4K
- 1-year return
- minus 29.9%
- From 52-week high
- minus 34.6%
Peers · Conglomerates
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| SRFSRF | 2,460.40 | minus 0.99% | 72,928 | 31.9 | 21.2 | 14.5% | 24.2% | 0.35 | 1.8% | minus 15.5% |
| TIINDIATube Investments of India | 2,170.00 | minus 5.65% | 42,005 | 62.9 | 16.6 | 12.8% | 9.9% | 0.05 | 15.5% | minus 23.1% |
| GODREJINDGodrej Industries | 955.85 | minus 2.40% | 32,198 | 27.4 | 32.4 | 12.3% | 10.4% | 2.22 | 9.8% | minus 11.6% |
| 3MINDIA3M India | 27,570.00 | minus 5.98% | 31,058 | 57.0 | 29.9 | 47.5% | 18.4% | 0.10 | 8.7% | minus 18.3% |
| THERMAXThermax | 2,746.30 | minus 17.27% | 30,937 | 52.6 | 26.6 | 15.3% | 12.4% | 0.42 | 9.8% | plus 1.5% |
| BEMLBEML | 1,953.20 | minus 1.89% | 16,268 | 28.0 | 55.7 | 5.9% | 7.3% | 0.11 | 3.0% | minus 7.4% |
| NAVANava | 529.15 | minus 0.99% | 14,991 | 19.8 | 7.9 | 11.1% | 38.4% | 0.21 | 6.8% | minus 12.1% |
| KOTHARIPROKothari Products | 59.81 | minus 5.21% | 357 | 17.5 | – | – | −5.9% | 0.09 | −10.0% | minus 29.9% |
| Median of 7 peers | – | −2.40% | 31,058 | 31.9 | 26.6 | 12.8% | 12.4% | 0.21 | 8.7% | −12.1% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 248 | 283 | 162 | 317 | 270 | |
| 248 | 302 | 175 | 333 | 283 | |
| 0.7 | −18.9 | −12.8 | −16.7 | −12.9 | |
| 0.3% | −6.7% | −7.9% | −5.3% | −4.8% | |
| 25.8 | 28.8 | 14.6 | 15.6 | 27.3 | |
| 3 | 4 | 1.6 | 1.4 | 1.6 | |
| 0.5 | 0.6 | 0.8 | 0.6 | 0.6 | |
| – | – | 13.7 | – | – | |
| 23 | 5.5 | 13.2 | −3 | 12.3 | |
| 7.5% | 26.8% | 24.6% | 34.1% | 38.8% | |
| 18.1 | 4.8 | 9.9 | −2 | 7.5 | |
| 3.03 | 0.81 | 1.67 | -0.33 | 1.26 |
Profit & loss
- Sales CAGR 3Y
- −10.0%
- Profit CAGR 3Y
- +81.1%
- EPS CAGR 3Y
- +81.1%
- ROE
- 2.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,387 | 992 | 958 | 1,010 | |
| – | minus 28.5% | minus 3.5% | +5.4% | |
| 1,395 | 990 | 1,031 | 1,053 | |
| −7.9 | 2.9 | −72.8 | −43.7 | |
| −0.6% | 0.3% | −7.6% | −4.3% | |
| 40.6 | 31.2 | 25.6 | 64.2 | |
| 10.7 | 5.4 | 5.1 | 9.6 | |
| 2.4 | 1.9 | 1.9 | 2.4 | |
| −10.3 | 6.7 | −34.6 | 30.2 | |
| 9.3 | 33.4 | −88.8 | 38.6 | |
| 44.4% | 2.7% | −5.9% | 14.0% | |
| 5.2 | 32.5 | −95.2 | 30.9 | |
| – | +526.0% | minus 393.0% | – | |
| 0.87 | 5.45 | -15.95 | 5.17 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 29.8 | 29.8 | 59.7 | 59.7 | |
| 1,124 | 1,166 | 1,036 | 1,098 | |
| 275 | 82.2 | 264 | 98.5 | |
| 50.7 | 54.5 | 138 | 76.4 | |
| 1,479 | 1,333 | 1,497 | 1,333 | |
| 58 | 49.4 | 81.1 | 127 | |
| 32.9 | 40.6 | 60.9 | 112 | |
| 221 | 290 | 289 | 279 | |
| 83.8 | 55.2 | 221 | 128 | |
| 1,083 | 898 | 844 | 686 | |
| 1,479 | 1,333 | 1,497 | 1,333 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 241 | 162 | 100 | −63.1 | |
| −168 | 35 | −127 | 26.7 | |
| −80.5 | −198 | 50.6 | −20.7 | |
| −7.8 | −1.2 | 24.3 | −57.1 | |
| −2.5 | −2.5 | −2.3 | −8.3 | |
| 238 | 159 | 98 | −71.3 |
Shareholding pattern
- Promoters74.99%
- Public25.01%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 74.99% | 25.01% | 0.00 | |
| 30 Jun 2026 | 74.99% | 25.01% | 0.00 | |
| 31 Mar 2026 | 74.99% | 25.01% | 0.00 | |
| 31 Dec 2025 | 74.99% | 25.01% | 0.00 | |
| 30 Sep 2025 | 74.99% | 25.01% | – |
Major shareholders
Filings & events
News
No recent news coverage found.