KSE (KSE) had a P/E of 11.9× on 6 Nov 2026, below the industry P/E of 19.5×, and the shares are 74% below their 52-week high. Sales grew 1.4% a year over 3 years, with ROCE of 31% and ROE of 26%. It carries very little debt, and its dividend yield is 8.7%. It is a small-cap company with a market cap of ₹553 Cr, ranked 47th of 127 Packaged Foods companies by market cap; the shares fell 74% over the past year.
- ₹170.30
- ₹176.40
- ₹170.30
- ₹174.71
- 8.8K
Health check
- ReturnsBehind
−74.0% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 11.9 vs industry 19.5.
- GrowthSlow
Sales +1.4% a year over 3 years.
- ProfitabilityStrong
ROCE 31.2% vs peer median 15.3%.
- Balance sheetSolid
Debt 0.07× equity, interest covered 42.3×.
- Red flags2 to check
Quarterly profit down 97.6% on a year ago.
Small cap
Defensive
Key metrics
- Market cap
- ₹553 Cr
- Small cap
- P/E
- 11.9
- Industry 19.5
- Price to book
- 1.58
- Peers 8.88
- Dividend yield
- 8.68%
- ROE
- 26.0%
- Peers 14.8%
- ROCE
- 31.2%
- Peers 15.3%
- Debt to equity
- 0.07
- Debt ₹25 Cr
- EPS (TTM)
- ₹14.51
- Face value ₹1
- OPM (TTM)
- 3.5%
- Net margin 2.7%
- Sales growth
- +9.1%
- Latest quarter vs a year ago
- Profit growth
- −97.6%
- Latest quarter vs a year ago
- Price to sales
- 0.32
- EV/EBITDA 6.6
Strengths and risks
Strengths
- Return on equity of 26.0%.
- Return on capital employed of 31.2%.
- Practically debt-free.
- Dividend yield of 8.68%.
- P/E of 11.9 against an industry P/E of 19.5.
Risks to check
- Quarterly profit down 97.6% on a year ago.
- 74% below its 52-week high.
About KSE
KSE Limited manufactures and sells ready mixed cattle feed products in India. The company operates through Animal Feed, Oil Cake Processing, and Dairy segments. It provides ready-mixed animal feed and feed supplements, de-oiled coconut cakes, refined coconut, solvent extracted coconut oils, milk products, and ice creams under the Vesta brand name. The company offers its products through a network of dealers and retailers. KSE Limited was incorporated in…
- Headquarters
- Thrissur
- Employees
- 832
- Sector
- Consumer Defensive
- ISIN
- INE953E01022
- Website
- kselimited.com
Price range
- Avg volume (3M)
- 14.9K
- 1-year return
- minus 74.0%
- From 52-week high
- minus 74.0%
Peers · Packaged Foods
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NESTLEINDNestle India | 1,282.10 | plus 1.89% | 2,47,229 | 60.6 | 42.76 | – | 79.9% | 21.0% | – | – | 0.94% | minus 0.5% |
| BRITANNIABritannia Industries | 4,785.00 | minus 3.92% | 1,15,255 | 43.2 | 27.13 | 61.2% | 66.7% | 18.4% | 5.7% | 3.0% | 1.89% | minus 15.5% |
| TATACONSUMTata Consumer Products | 1,086.30 | plus 0.80% | 1,07,511 | 63.3 | 4.86 | 8.3% | 7.6% | 14.0% | 13.9% | 8.6% | 0.92% | minus 8.6% |
| PATANJALIPatanjali Foods | 411.50 | plus 0.19% | 44,776 | 22.7 | 3.42 | 11.2% | 14.8% | 4.2% | 8.7% | 27.0% | 0.98% | minus 28.6% |
| HATSUNHatsun Agro Product | 1,068.10 | plus 0.33% | 23,792 | 66.0 | 12.07 | 20.2% | 19.0% | 10.7% | 11.2% | 29.0% | 1.87% | plus 2.4% |
| MILKYMISTMilky Mist Dairy Food | 297.20 | plus 0.93% | 22,880 | 91.2 | 8.88 | – | 9.7% | 10.1% | – | – | 0.00% | plus 63.7% |
| AWLAWL Agri Business | 167.00 | minus 0.48% | 21,573 | 18.7 | 1.98 | 15.3% | 11.1% | 2.9% | 8.7% | 21.4% | 0.60% | minus 39.5% |
| KSEKSE | 172.90 | minus 1.04% | 553 | 11.9 | 1.58 | – | 13.3% | −0.5% | – | – | 8.68% | minus 74.0% |
| Median of 7 peers | – | 0.33% | 44,776 | 60.6 | 8.88 | 15.3% | 14.8% | 10.7% | 8.7% | 21.4% | 0.94% | −8.6% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 416 | 427 | 428 | 409 | 454 | |
| 366 | 384 | 406 | 414 | 454 | |
| 49.6 | 42.9 | 22.2 | −5.3 | −0.2 | |
| 11.9% | 10.0% | 5.2% | −1.3% | −0.1% | |
| 4.5 | 3.6 | 3.7 | 3.4 | 3.6 | |
| 0.6 | 0.7 | 0.6 | 0.6 | 0.7 | |
| 1.5 | 2.1 | 2.2 | 2.1 | 1.8 | |
| – | – | – | – | 0.5 | |
| 52 | 43.7 | 23 | −4.7 | 1.3 | |
| 25.8% | 24.9% | 29.1% | 20.3% | 27.3% | |
| 38.6 | 32.9 | 16.3 | −3.7 | 0.9 | |
| 12.05 | 10.27 | 5.11 | -1.17 | 0.29 |
Profit & loss
- Sales CAGR 3Y
- +1.4%
- ROE
- 26.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,610 | 1,683 | 1,650 | 1,680 | |
| – | +4.6% | minus 2.0% | +1.9% | |
| 1,613 | 1,651 | 1,529 | 1,571 | |
| −3.2 | 32 | 120 | 110 | |
| −0.2% | 1.9% | 7.3% | 6.5% | |
| 2 | 2.2 | 2.7 | 3.5 | |
| 2.1 | 2.8 | 2.4 | 2.6 | |
| 4.4 | 4.7 | 5.6 | 8 | |
| 4.7 | −2.4 | 7.8 | 11.6 | |
| −3 | 24.2 | 123 | 114 | |
| 20.3% | 27.4% | 25.6% | 26.3% | |
| −2.4 | 17.6 | 91.3 | 84 | |
| – | – | +418.5% | minus 8.0% | |
| -0.74 | 5.50 | 28.53 | 26.26 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.2 | 3.2 | 3.2 | 3.2 | |
| 211 | 222 | 294 | 346 | |
| 19 | 20.8 | 24.1 | 24.9 | |
| 34.9 | 32.2 | 35.9 | 40.6 | |
| 268 | 278 | 357 | 415 | |
| 49 | 52.7 | 62.2 | 62.6 | |
| 9.4 | 9.6 | 4.7 | 2.5 | |
| 3.3 | 5 | 1.3 | 0.2 | |
| 74 | 43.2 | 159 | 185 | |
| 132 | 167 | 129 | 165 | |
| 268 | 278 | 357 | 415 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 34.3 | −15 | 143 | 53.5 | |
| −31.7 | 23.7 | −118 | −8.9 | |
| −8.3 | −7.2 | −18.6 | −33.2 | |
| −5.7 | 1.5 | 5.9 | 11.4 | |
| −13.2 | −8.5 | −15.3 | −8.3 | |
| 21.1 | −23.5 | 127 | 45.3 | |
| −6.6 | −6.5 | −18.8 | −31.5 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.