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Kalyani Investment Co. Ltd.

Kalyani Investment Co. Ltd.

4,400.10
INR
-198.40
(-4.31%)
93.11EPS
57.10P/E
23.21BMarket Cap
Kalyani Investment Co. Ltd.
NSE:KICL
(National Stock Exchange of India)

Recent

price

4,400.10

P/E

ratio

57.10

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
17.48
47.92
33.62
37.62
43.12
86.2
23.15
66.42
73.56
91.05
0.15
62.62
108.07
122.86
137.4
130.26
129.34
Revenue per Share
-10.77
19.28
-12.3
38.58
38.84
84.17
63.91
116.27
139.93
110.04
79.23
130.97
133.05
160.48
163.89
84.23
93.11
Basic EPS, GAAP
-2.97
-4.35
-7.66
-11.02
-6.21
29.16
-0.29
23.69
68.12
3.11
-52.86
-21.29
-8.16
-27.8
-36.98
-40.96
- -
Free Cash Flow per Basic Share
- -
18.47
- -
2.44
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
10
783.87
682.23
677.79
716.63
1,005.06
8,753.79
11,564.53
8,652.41
4,600.95
10,601.11
12,257.63
13,404.01
19,023.85
19,966.21
26,095.15
- -
Book Value per Share
10
783.87
682.23
677.79
716.63
1,005.06
8,753.79
11,564.53
8,652.41
4,600.95
10,601.11
12,257.63
13,404.01
19,023.85
19,966.21
26,095.15
- -
Tangible Book Value per Share
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
Basic Weighted Avg Shares
76
209
147
164
188
376
101
290
321
397
1
273
472
536
600
569
564
Sales/Revenue/Turnover
83.4
78.65
74.27
81.27
87.26
94.48
80.25
89.6
89.67
94.31
1,962.69
87.72
98.02
109.34
88.44
78.7
78.94
Operating Margin (%)
- -
- -
- -
- -
- -
1
1
1
1
1
1
1
1
1
1
- -
- -
Depreciation Expense
-7
165
-54
179
170
367
279
508
611
480
346
572
581
701
715
368
406
Net Income, GAAP
100
0.07
- -
6.02
0.75
0.05
- -
0.26
0.06
24.09
25.48
19.83
24.74
23.24
26.62
24.76
24.62
Effective Tax Rate (%)
-8.77
78.78
-36.58
109.03
90.06
97.64
276.06
175.06
190.21
120.87
51,619.4
209.16
123.12
130.62
119.28
64.66
71.99
Profit Margin (%)
22
41
30
59
204
102
37,145
49,300
35,855
18,200
44,950
51,854
57,113
84,551
89,717
121,276
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
620
3,422
2,978
2,959
3,128
4,387
38,213
50,483
37,770
20,085
46,277
53,508
58,513
83,045
87,159
113,913
- -
Total Equity
- -
8.13
- -
6.03
5.57
7.02
- -
0.37
0.65
0.94
0.03
0.39
0.62
0.64
0.46
0.33
- -
Return on Invested Capital (%)
-0.34
8.16
- -
6.05
5.57
9.78
- -
1.14
1.38
1.66
1.04
1.15
1.04
0.99
0.84
0.37
- -
Return on Capital (%)
-2.78
4.86
-1.68
5.67
5.57
9.78
1.31
1.14
1.38
1.66
1.04
1.15
1.04
0.99
0.84
0.37
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
21,704
17,570
23,208

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
121,307
- -
Cash, Cash Equivalents & STI
- -
121,302
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
31
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
96.41%
20.51%
30.7%
Free Cash Flow
-996.67%
32.61%
10.77%
Net Income, GAAP
6.99%
8.21%
-48.61%
Sales/Revenue/Turnover
4,083.99%
8,158.28%
-5.2%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
439
- -
158
600
2026
- -
380
25
159
569
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
9.54
88.13
7.41
58.81
163.89
2026
-7.29
43.36
3.92
44.23
84.23
2027
1.57
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
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Business
Kalyani Investment Company Limited (KICL.NS) is an India-based core investment company that primarily engages in holding a diversified portfolio of investments in both listed and unlisted group companies across sectors including forging, steel, power generation, chemicals, and banking; its major holdings encompass equity stakes in Bharat Forge Limited (13.24%), Hikal Limited (31.36%), and BF Utilities Limited (16.45%). Incorporated on June 25, 2009, and headquartered in Pune, India, the company was formed through the demerger of the investment business from Kalyani Steels Limited and the amalgamation of investment undertakings from three wholly-owned subsidiaries, with over 90% of its net assets invested in group entities as a non-deposit-taking core investment company serving the domestic market. Geographically focused on India, KICL provides financial and infrastructural support to its portfolio companies within the Kalyani Group, reporting consolidated net profits of approximately INR 72 crore for the fiscal year ended March 31, 2025, amid a market capitalization of around INR 2,614 crore and a debt-free balance sheet. Recent developments include the re-appointment of Amit B. Kalyani as a non-executive director following the annual general meeting on September 17, 2025, the appointment of SVD & Associates as secretarial auditors until 2030, and a special call auction for its shares scheduled on NSE and BSE for October 29, 2025, alongside quarterly earnings announcements for periods ending June 30, 2025, and the full year to March 31, 2025, reflecting sustained investment activities and regulatory compliance within the group structure.