NSE: KAMDHENU · BSE: 532741 · ISIN INE390H01020
Kamdhenu Limited stock analysis
Kamdhenu Limited ranks #990 in the TickerSutra evidence-ranked universe with a score of 58/100 and 95% data confidence. The latest captured fundamentals show ROCE of 29.4%, quarterly sales growth of 9.0% and quarterly profit growth of 33.9%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 29.4%
- Low debt/equity of 0.02×
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- No calculated threshold risk in the current snapshot.
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹600cr | ₹55cr | ₹27cr | 9.0% |
| 2023 | ₹732cr | ₹60cr | ₹41cr | 8.0% |
| 2024 | ₹725cr | ₹59cr | ₹50cr | 8.0% |
| 2025 | ₹747cr | ₹76cr | ₹61cr | 10.0% |
| 2026 | ₹763cr | ₹101cr | ₹78cr | 13.0% |
| TTM | ₹781cr | ₹101cr | ₹86cr | 13.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Kamdhenu Limited has submitted the Exchange a copy of the Srutinizers report of the 32nd Annual General Meeting held on September 25, 2026. Further, the company has informed the Exchange regarding voting results.
RoutineKamdhenu Ltd - 532741 - Shareholder Meeting / Postal Ballot-Scrutinizer''s ReportBSE · 25 Sept 2026Submission of the Scrutinizers'' Report and E-voting results of the 32nd AGM of the Company.
RoutineKamdhenu Ltd - 532741 - Shareholder Meeting / Postal Ballot-Outcome of AGMBSE · 25 Sept 2026Submission of the outcome and proceedings of the 32nd AGM of the Company.
RoutineKamdhenu Ltd - 532741 - Closure of Trading WindowBSE · 22 Sept 2026Intimation of the Trading window closure from 1st October, 2026, till 48 hours after the declaration of un-audited financial results for the 2nd quarter and half year ending on 30th September, 2026.
RoutineGeneral UpdatesNSE · 10 Sept 2026Kamdhenu Limited has informed the Exchange about Report on Transfer cum Dematerialisation Requests of Physical Shares re-lodged under the special window.
MANAGEMENT COMMENTARY
Signals from filed documents
India is set to remain the fastest-growing major steel market in the world. Strong domestic consumption, increasing formalization, and capacity expansion underpin this position. A sharpening industry focus on value-added products, operational efficiency, sustainability, and green steel technologies is also expected to fortify long-term competitiveness and global positioning.
These investments are a strong, collective vote of confidence in India’s long-term infrastructure, automotive, engineering, and industrial growth outlook. Pricing Trends and Cost Pressures Steel prices remained volatile during the year, influenced by fluctuations in raw material costs, global trade movements, geopolitical developments and logistics expenses. Industry margins remained sensitive to fluctuations in coki
As franchise throughput increases, royalty income scales, strengthening profitability, improving return ratios, and reinforcing the resilience of our asset-light operating model. 04 Advancing Product Innovation We will continue expanding our portfolio through differentiated products such as Kamdhenu NXT, Kamdhenu PAS 10000, and our structural steel solutions. Continued investments in research, product development, an
• Maintained regular communication with employees to address their concerns immediately and effectively • Provided clear channels for employees to report workplace concerns • Offered benefits including health insurance and salaries above the minimum required • Ensured safe and healthy working conditions in accordance with industry norms and regulations, resulting in high worker satisfaction 11 Business ethics and com
These investments are a strong, collective vote of confidence in India’s long-term infrastructure, automotive, engineering, and industrial growth outlook. Pricing Trends and Cost Pressures Steel prices remained volatile during the year, influenced by fluctuations in raw material costs, global trade movements, geopolitical developments and logistics expenses. Industry margins remained sensitive to fluctuations in coki
Thus, the particular of % increase in remuneration is not applicable. 2 Remuneration of the Managing Director and Whole-time Directors are in the parlance of the limits approved by the Shareholders of the Company at the 28th Annual General Meeting, and therefore there has been no increase in the remuneration for the FY 2025-26. The percentage increase in the median remuneration of employees in the financial year ende
Compliance Requirement (Regulations/ circulars/ guidelines including specific clause) Regulation/ Circular No. Deviations Action Taken by Type of Action (Advisory/ clarification/ fine/penalty/ settlement/ Show cause/ Warning letter etc.) Details of Violation Fine Amount Observations/ Re-marks of the Practicing Company Secretary (PCS) Management Response Remarks Nil (b) The listed entity has taken the following action
Rohit Kumar: Sir, my first question was, could you please give us some guidance on the revenue growth from our own manufacturing facility versus growth from royalty income for FY27. And any margin guidance that you can give? Harish Agarwal: We have only one plant from where we are catering to Delhi and NCR market.
All such information is made available on the Company’s website in a downloadable format for the convenience of stakeholders. News Releases, Presentations, etc.: The Press release/ Presentations made to analysts/institutional investors are uploaded on the Company’s website. Official press/ media releases are also sent to the Stock Exchanges.
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
DIRECTOR & BUSINESS NETWORK
Loading corporate intelligence
Loading universe coverage and exchange-backed evidence…