TickerSutra

NSE: KRBL · BSE: 530813 · ISIN INE001B01026

KRBL Limited stock analysis

KRBL Limited ranks #1038 in the TickerSutra evidence-ranked universe with a score of 57/100 and 95% data confidence. The latest captured fundamentals show ROCE of 15.2%, quarterly sales growth of -5.6% and quarterly profit growth of 73.2%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE57/100

Monitor only

#1038 of 5,430 ranked equities
Market capitalisation₹9,866.35cr
ROCE15.2%
Quarterly sales growth-5.6%
Quarterly profit growth73.2%
P/E ratio13.0×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • Low debt/equity of 0.03×
  • Strong CFO/EBITDA of 1.03×
  • Institutional ownership is rising
  • 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

PeriodRevenueOperating profitNet profitOperating margin
2022₹4,211cr₹662cr₹459cr16.0%
2023₹5,365cr₹939cr₹701cr18.0%
2024₹5,385cr₹802cr₹596cr15.0%
2025₹5,594cr₹674cr₹476cr12.0%
2026₹6,098cr₹902cr₹648cr15.0%
TTM₹6,009cr₹992cr₹758cr17.0%
Debt / equity0.03×
CFO / EBITDA1.03×
Operating margin17.0%
Free cash flow₹866cr
Sales CAGR · 3Y4.4%
Profit CAGR · 3Y-2.6%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts2 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Management confidenceHigh severity · 2 mentions
Constructive

Demand remains stable, and we expect these purchases to pr ogressively materialize over the coming quarters. For financial year '27, our outlook remains positive, and we are confident of delivering approximately 10% growth in domestic volumes. This will be supported by continued growth in consumer packs, the expansion of regional rice, normalization in bulk packs and stronger execution across channels.

Margin guidanceModerate severity · 1 mention
Constructive

Chirag Singhal: Thanks for the opportunity and congrats on great set of numbers. First question is on the margin outlook for this year. So we have done almost 21% EBITDA margin during the quarter.

Export growthModerate severity · 1 mention
Positive catalyst

And our non -Middle East export business grew 37% to the disruption, provided shipping condition in West Asia continued to stabilize. We expect export volumes to recover progressively from the second quarter and we are mai ntaining our guidance and meaningful export growth for the full year. On Saudi Arabia demand remains consistent, and we continue to ship through wholesalers under our interim arrangement, our searc

Pricing commentaryModerate severity · 3 mentions
Constructive

Our consumer pack and regional rice businesses performed well, while branded r ice volumes saw a modest declin e due to lower bulk pack sales. During the quarter, rice commodity prices moved upwards, allowing us to take appropriate price increases and resulting in higher realizations. The short-term increase in prices led intermediaries to defer back purchases while waiting for greater price stability.

Market share gainLow severity · 2 mentions
Execution risk

Balaji Vaidyanath: My last question on domestic is if yo u could mention 2, 3 states where you have had a significant win in terms of market share and not specific numbers, but directionally significant win in market share and 2, 3 states where you would have probably seen a drop in market share overall? frankly, as a brand, India Gate, we enjoy market leadership position, I would say, across 75% of the states that a

Export market updatesLow severity · 1 mention
Caution

Thank you so much for the opportunity. If you could give us some color on the export market in the sense that if there were to be a scenario where the inventory depletion happens, as you had mentioned in your opening remarks, but the freight cost doesn' t come down as much as what we anticipate. Do you see a situation where there is restocking, which is being done by the importers at such a high level in terms of pri

Margin expansionLow severity · 1 mention
Watch

I mean all these products are anyways small in terms of overall contribution. But don't you think focusing on like a broader basket will give you more options to decide which one to scale and which is higher margin, which is lower margin? Like looking at margins and all the other metrics that you consider at a broader basket level than looking at individually because the switching cost is very low.

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

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