Neelkanth (BSE: NEELKANTH) had a P/E of 38.0× on 2 Nov 2026, and the shares are 30% below their 52-week high. It earns ROCE of 4.9% and ROE of 2.5%, and sales and net profit grew 1.1% and 40% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹17 Cr; the shares fell 22% over the past year.
- ₹36.10
- ₹39.87
- ₹36.10
- ₹39.87
- 103
Health check
- ReturnsWeak
−21.8% over the past year.
- Price tagNo peers
P/E 38.0, with no peers to compare.
- GrowthStrong
Sales +1.1%, profit +40.0% a year over 3 years.
- ProfitabilityWeak
ROCE 4.9%.
- Balance sheetStretched
Practically debt-free.
- Red flags3 to check
Return on equity is low at 2.5%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹17 Cr
- Small cap
- P/E
- 38.0
- Price to book
- 1.76
- Book value ₹22.61
- Dividend yield
- 0.00%
- ROE
- 2.5%
- Return on equity
- ROCE
- 4.9%
- Return on capital employed
- Debt to equity
- 0.04
- Debt ₹0.39 Cr
- EPS (TTM)
- ₹1.05
- OPM (TTM)
- 8.9%
- Net margin 10.3%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 3.92
- EV/EBITDA 19.8
Strengths and risks
Strengths
- Practically debt-free.
Risks to check
- Return on equity is low at 2.5%.
- 30% below its 52-week high.
- Interest coverage of only 0.9×.
About Neelkanth
Neelkanth Limited engages in the trading of agriculture and allied sector activities in India. The company offers rice, wheat, maize, and coarse cereals. It exports its products under the White Pearl brand name. The company was formerly known as R.T. Exports Limited and changed its name to Neelkanth Limited in August 2023. Neelkanth Limited was incorporated in 1980 and is based in Mumbai, India.
- Headquarters
- Mumbai
- Employees
- 2
- Sector
- Consumer Defensive
- ISIN
- INE581D01015
- Website
- rtexports.com
Price range
- Avg volume (3M)
- 336
- 1-year return
- minus 21.8%
- From 52-week high
- minus 30.1%
Peers
We couldn’t find listed peers for this company.
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| – | 1.9 | 1.4 | – | 1.2 | |
| – | 1.7 | 1.3 | – | 1 | |
| −0.1 | 0.2 | 0 | −0.1 | 0.1 | |
| – | 11.1% | 2.2% | – | 10.7% | |
| 0 | 0 | 0.6 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | |
| −0.1 | 0.1 | 0.5 | −0.1 | 0.1 | |
| – | – | 22.0% | −65.4% | 27.8% | |
| −0.1 | 0.1 | 0.4 | −0.2 | 0.1 | |
| -0.33 | 0.34 | 0.95 | -0.39 | 0.15 |
Profit & loss
- Sales CAGR 3Y
- +1.1%
- Profit CAGR 3Y
- +40.0%
- EPS CAGR 3Y
- +39.5%
- ROE
- 2.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.2 | 5.7 | 4.9 | 3.3 | |
| – | +80.3% | minus 13.6% | minus 33.6% | |
| 2.9 | 5.3 | 4.8 | 3.2 | |
| 0.3 | 0.4 | 0.2 | 0.1 | |
| 9.9% | 7.5% | 3.1% | 1.9% | |
| 0 | 0 | 0 | 0.6 | |
| 0.1 | 0.1 | 0 | 0.1 | |
| 0.1 | 0.1 | 0.1 | 0.2 | |
| −0 | −0 | −0 | 0 | |
| 0.1 | 0.3 | 0 | 0.4 | |
| – | – | – | 42.7% | |
| 0.1 | 0.3 | 0 | 0.2 | |
| – | +234.1% | minus 97.4% | +3114.3% | |
| 0.21 | 0.69 | 0.02 | 0.57 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4.4 | 4.4 | 4.4 | 4.4 | |
| 4.9 | 5.2 | 5.2 | 5.5 | |
| 0.6 | 0.5 | 0.4 | 0.4 | |
| 0.2 | 1.1 | 0.2 | 0.8 | |
| 10.1 | 11.1 | 10.1 | 11 | |
| 1.2 | 2.8 | 6.3 | 1.2 | |
| – | 1.7 | 4.8 | – | |
| 0.1 | 0 | 0.2 | 0 | |
| 8.7 | 6.6 | −1.1 | 9.8 | |
| 10.1 | 11.1 | 10.1 | 11 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.1 | 0.1 | 0.8 | −0.3 | |
| −0 | – | −0.5 | 0.2 | |
| −0.1 | −0.2 | −0.2 | −0 | |
| −0.2 | −0.1 | 0.2 | −0.2 | |
| −0 | – | −0.5 | – | |
| −0.1 | 0.1 | 0.3 | −0.3 |
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
Filings & events
News
No recent news coverage found.