As of 6 Nov 2026, Krishna Defence And Allied Industries trades at 43.1× trailing earnings, above the industry P/E of 33.8×, and the shares are 14% below their 52-week high. Sales and net profit grew 57% and 98% a year over 3 years, with ROCE of 26% and ROE of 26%. It carries very little debt, and its dividend yield is 0.2%. It is a small-cap company with a market cap of ₹1,803 Cr, ranked 56th of 138 Specialty Industrial Machinery companies by market cap; the shares rose 60% over the past year.
- ₹1,241.10
- ₹1,248.00
- ₹1,195.00
- ₹1,256.40
- 87.1K
Health check
- ReturnsAhead
+60.0% over a year, better than 7 of 7 peers.
- Price tagPricier
P/E 43.1 vs industry 33.8.
- GrowthStrong
Sales +56.5%, profit +98.3% a year over 3 years.
- ProfitabilityStrong
ROCE 26.3% vs peer median 24.8%.
- Balance sheetSolid
Practically debt-free, Piotroski 6 of 9.
- Red flags1 to check
Promoter stake down from 60.0% to 55.2%.
Small cap
Defensive
Key metrics
- Market cap
- ₹1,803 Cr
- Small cap
- P/E
- 43.1
- Industry 33.8
- Price to book
- 8.24
- Peers 9.16
- Dividend yield
- 0.17%
- ROE
- 25.5%
- Peers 19.1%
- ROCE
- 26.3%
- Peers 24.8%
- Debt to equity
- 0.03
- Debt ₹6.58 Cr
- EPS (TTM)
- ₹28.02
- Face value ₹10
- OPM (TTM)
- 34.3%
- Net margin 19.0%
- Sales growth
- +31.3%
- Latest quarter vs a year ago
- Profit growth
- +75.1%
- Latest quarter vs a year ago
- Price to sales
- 6.90
- EV/EBITDA 28.7
Strengths and risks
Strengths
- Return on equity of 25.5%.
- Return on capital employed of 26.3%.
- Practically debt-free.
- Quarterly profit up 75.1% on a year ago.
- Quarterly sales up 31.3% on a year ago.
Risks to check
- Promoter stake down from 60.0% to 55.2%.
About Krishna Defence And Allied Industries
Krishna Defence and Allied Industries Limited engages in the designing, developing, and manufacturing range of equipment for defence, security, dairy, and kitchen verticals in India. The company offers ship building steel sections, welding wire, ballast bricks, composite doors, and special profile for armored vehicle; and security equipment, such as space heating devices, improvised explosive device containment vessels, and crowd control and modular…
- Headquarters
- Mumbai
- Employees
- 189
- Sector
- Industrials
- ISIN
- INE0J5601015
- Website
- krishnaallied.com
Price range
- Avg volume (3M)
- 1.6 L
- 1-year return
- plus 60.0%
- From 52-week high
- minus 13.7%
Peers · Specialty Industrial Machinery
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BHELBharat Heavy Electricals | 418.80 | plus 0.17% | 1,45,829 | 50.6 | 74.6 | 6.6% | 10.1% | 0.22 | 13.5% | plus 56.4% |
| ABBABB India | 6,774.00 | plus 2.20% | 1,43,547 | 92.3 | 68.2 | 28.5% | 13.8% | 0.02 | 15.4% | plus 26.4% |
| SIEMENSSiemens | 3,560.00 | plus 3.73% | 1,26,779 | 86.1 | 59.3 | 16.5% | 10.4% | 0.02 | 3.0% | plus 10.0% |
| CUMMINSINDCummins India | 4,048.80 | minus 0.25% | 1,12,233 | 49.8 | 41.7 | 35.0% | 19.1% | 0.00 | 16.1% | minus 6.0% |
| GVT&DGE Vernova T&D India | 4,018.00 | minus 3.06% | 1,02,879 | 71.3 | 56.6 | 58.5% | 26.5% | 0.01 | 31.1% | plus 31.7% |
| SUZLONSuzlon Energy | 38.80 | plus 0.54% | 53,337 | 23.7 | 17.3 | 24.8% | 16.7% | 0.07 | 41.4% | minus 35.7% |
| AIAENGAIA Engineering | 3,113.60 | minus 2.77% | 29,056 | 23.5 | 19.6 | 19.9% | 27.4% | 0.00 | −3.4% | minus 3.9% |
| KRISHNADEFKrishna Defence And Allied Industries | 1,207.60 | minus 3.88% | 1,803 | 43.1 | 33.0 | 26.3% | 26.8% | 0.03 | 56.5% | plus 60.0% |
| Median of 7 peers | – | 0.17% | 1,12,233 | 50.6 | 56.6 | 24.8% | 16.7% | 0.02 | 15.4% | 10.0% |
Quarterly results
| ₹ Cr | Mar 25 | Dec 25 | Mar 26 |
|---|---|---|---|
| 44.8 | 63.7 | 58.8 | |
| 32.9 | 49.5 | 41 | |
| 11.9 | 14.2 | 17.8 | |
| 26.5% | 22.2% | 30.3% | |
| −0.9 | 0.6 | 0 | |
| 0.2 | 0.1 | 0.1 | |
| 0.7 | 1.2 | 1.2 | |
| 10.1 | 13.4 | 16.6 | |
| 27.2% | 24.3% | 25.7% | |
| 7.3 | 10.1 | 12.8 | |
| – | 6.76 | – |
Profit & loss
- Sales CAGR 3Y
- +56.5%
- Profit CAGR 3Y
- +98.3%
- ROE
- 25.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 62.3 | 104 | 189 | 239 | |
| – | +67.2% | +81.3% | +26.5% | |
| 53 | 88.3 | 151 | 185 | |
| 9.3 | 15.8 | 37.7 | 53.8 | |
| 14.9% | 15.2% | 20.0% | 22.5% | |
| 0.5 | 0.8 | −3.5 | 2.4 | |
| 1 | 1.3 | 0.9 | 0.4 | |
| 2 | 2.2 | 2.8 | 4.1 | |
| – | 0.1 | −0.7 | −0.9 | |
| 6.7 | 13.2 | 29.8 | 50.8 | |
| 21.3% | 25.7% | 26.1% | 25.0% | |
| 5.3 | 9.8 | 22.3 | 41.3 | |
| – | +85.2% | +126.9% | +85.6% | |
| 4.63 | 7.87 | 15.40 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 11.4 | 13.7 | 14.1 | 14.9 | |
| 29.4 | 92.7 | 117 | 179 | |
| 18.5 | 9.4 | 10.2 | 2.2 | |
| 25.3 | 17.7 | 22.3 | 21.4 | |
| 84.7 | 134 | 164 | 217 | |
| 14.7 | 14.9 | 25.4 | 39.6 | |
| 2.3 | 0.3 | 2.7 | 5.7 | |
| 1.3 | 0 | 2.7 | 61.2 | |
| 0.1 | 35.4 | 9.5 | 29.5 | |
| 66.2 | 82.9 | 124 | 81.2 | |
| 84.7 | 134 | 164 | 217 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −7.3 | −3.2 | −10.9 | 86 | |
| 1.4 | −37.2 | 4.7 | −91.7 | |
| 5.9 | 45.4 | 1.5 | 11.4 | |
| 0 | 5 | −4.8 | 5.7 | |
| −2.8 | −2.4 | −12.5 | −19.6 | |
| −10.1 | −5.7 | −23.5 | 66.4 | |
| – | – | −0.7 | −0.7 |
Shareholding pattern
- Promoters55.22%
- Public44.78%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 55.22% | 44.78% | minus 4.68 | |
| 30 Jun 2026 | 59.90% | 40.10% | minus 0.06 | |
| 31 Mar 2026 | 59.96% | 40.04% | minus 0.06 | |
| 31 Dec 2025 | 60.02% | 39.98% | 0.00 | |
| 30 Sep 2025 | 60.02% | 39.98% | – |
Major shareholders
Filings & events
News
No recent news coverage found.