Found a bug or want a feature? Verified reports earn free credits.
Log inSign up
Companies›Services›Services›Commercial Services & Supplies

Kalind Limited

Services › Commercial Services & Supplies
₹4.50
at close · 21 Sept 2026
▼ 0.23 (-4.86%)

Latest filings

  1. Kalind replaces warrant plan with Rs 99 cr equity preferential issue · Fund Raising
  2. AGM corrigendum: Kalind replaces warrants with Rs 99 crore equity issue · Board & Shareholder Meetings
  3. Board drops Rs 316 cr warrant plan, okays Rs 99 cr preferential equity issue · Fund Raising
  4. Kalind drops warrant plan, okays 99 Crore equity preferential issue · Fund Raising
  5. Kalind board to revisit fund raising proposal on Sep 17 · Fund Raising
  6. Non-promoter HUF cuts Kalind stake to 4.59 percent via market sale · Ownership Changes
  7. Newspaper ad published for 32nd AGM on September 29, 2026 via video conferencing · Compliance
  8. Kalind bags USD 5.26 million mining equipment contract in Ghana · Business Updates
  9. Postal ballot results: fund raising and FPI limit increase approved · Fund Raising
  10. Kalind postal ballot: fundraising and FPI limit hike resolutions passed · Board & Shareholder Meetings
  11. Kalind FY26 Annual Report and 32nd AGM notice with major fund raising plans · Board & Shareholder Meetings
  12. Kalind 32nd AGM: Rs 316 cr warrants issue, MD appointment and auditor change · Board & Shareholder Meetings
  13. Kalind board approves up to Rs 316 cr preferential warrants issue · Fund Raising
  14. Board approves Rs 316 crore preferential warrants, auditor reappointment · Fund Raising
  15. Board meeting on Aug 28 to consider raising funds via equity or convertibles · Fund Raising
  16. Postal Ballot Notice dispatched; e-voting for shareholders · Compliance
  17. Postal ballot for USD 65 million fund raise and higher FPI and NRI limits · Fund Raising
  18. Newspaper publication of Q1 FY27 unaudited financial results · Compliance
  19. Kalind Q1 FY27 PAT jumps 186% YoY; board approves USD 65M fund raise · Results
  20. Q1 FY27 Results: Revenue up 157%, PAT up 186% YoY; Board approves USD 65M fundraise · Results
  21. Kalind board to consider Q1 FY27 results on July 30, 2026 · Results
  22. Kalind Limited allots 1:2 bonus shares, paid-up capital rises 50% · Corporate Actions
  23. Kalind signs framework agreement with UK firm for Africa infrastructure projects · Strategic Transactions
  24. Board approves fundraise up to USD 65 Million · Fund Raising
  25. Board Meeting on July 22 to Consider Fund Raising · Fund Raising
  26. Routine RTA certificate filing under SEBI Reg 74(5) for Q1 FY27 · Compliance
  27. Newspaper ad informs record date for share split and bonus issue · Compliance
  28. Kalind Ltd fixes Record Date for Stock Split and Bonus Shares · Corporate Actions
  29. Kalind Ltd: Stock split 1 to 5 and bonus shares approved via postal ballot · Corporate Actions
  30. Kalind Ltd: Postal Ballot Results - Stock Split, Bonus Shares Approved · Board & Shareholder Meetings
  31. Trading Window Closure: 1 Jul 2026 Till Q1 FY27 Results · Compliance
  32. Advertisement of Postal Ballot Notice dated 03.06.2026 · Compliance
  33. Postal Ballot Notice dated 03.06.2026 is attached. · Corporate Actions
  34. Enclosed herewith Board Recommends Sub Division / Stock Split. · Corporate Actions
  35. Enclosed herewith Board recommends Bonus Issue. · Corporate Actions
  36. Enclosed herewith the Intimation of Amendment in MOA. · Corporate Actions
  37. Enclosed herewith Intimation of Sub division / Stock Split · Corporate Actions
  38. Enclosed herewith the Corporate Action - Board to Consider Bonus Issue · Corporate Actions
  39. Enclosed herewith the outcome of Board meeting held on 03 June, 2026. · Board & Shareholder Meetings
  40. Received BSE NOC dated 01.06.2026 for Reclassification of Promoters. Please refer attached letter. · Ownership Changes
  41. Kalind Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/06/2026 ,inter alia, to consider and approve Revised Intimation of Board Meeting .... · Corporate Actions
  42. Kalind Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/06/2026 ,inter alia, to consider and approve issue of Bonus shares in accordance .... · Corporate Actions
  43. Secretarial Compliance Report for FY ended March 31, 2026 pursuant to Reg 24A(2) of SEBI LODR Regulations 2015 · Compliance
  44. Revised Newspaper Advertisement Published for revised extract of Audited Financial Results of the Company for the quarter and financial year ended 31 March 2026 · Compliance
  45. Revised outcome of the Board Meeting Dated 27.04.2026 · Results
  46. Scrutinizers Report for the Postal Ballot dated 15.05.2026 · Management Changes
  47. Submission of proceedings of announcement of results of the resolution passed through Postal Ballot / E-Voting · Board & Shareholder Meetings
  48. Monitoring Agency Report for the quarter ended 31.03.2026 · Compliance
  49. Change in Name of the Statutory Auditor of the Company from D G K T & Co LLP to P H H A D & CO LLP. · Management Changes
  50. With reference to Board Meeting dated 27.04.2026, Submission of statement on Impact of Audit Qualification for Financial Year Ended March 31, 2026 · Results
All filings ↓
Ask Nexa about Kalind Limited

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Classified under diversified commercial services, with infrastructure-related activity that includes a subsidiary called Prasad Earth Movers. In July 2026, the company signed a non-exclusive framework teaming and conditional subcontracting agreement with Dharan International (UK) covering a three-year initial term: Dharan originates and coordinates government and private infrastructure opportunities across Africa, while the company provides technical expertise and may execute subcontract work on awarded projects. Each project will be governed by a separate agreement. Q1 FY27 standalone revenue rose to Rs 34.91 crore from Rs 13.60 crore a year earlier, with PAT at Rs 15.02 crore (subsidiary Prasad Earth Movers reported a Rs 37.45 lakh loss in the same quarter). Materials are the largest cost at 37.8% of FY26 revenue, followed by other operating expenses (7.9%), depreciation (6.5%) and employee costs (5.8%). The board has approved a postal ballot to raise up to USD 65 million through QIP, FCCB, ECB, preferential issue or other permitted modes, subject to shareholder approval.

Operating scale
Q1 FY27 standalone revenue
Rs 34.91 croreQ1 FY27
Q1 FY27 standalone PAT
Rs 15.02 croreQ1 FY27
Framework agreement partner
Dharan International Limited, United KingdomEffective 23 July 2026
Subsidiary quarterly result
Prasad Earth Movers — Rs 37.45 lakh lossQ1 FY27
Proposed fund raise ceiling
Up to USD 65 millionSubject to shareholder approval via postal ballot
FY26 EBITDA margin
52.26%FY26
Who pays it
Government and private infrastructure clients, primarily across Africa (via Dharan International partnership); broader commercial services customers of the parent and subsidiary Prasad Earth Movers
Biggest cost
Materials at 37.8% of FY26 revenue
Kind of business
Small-cap diversified commercial services with infrastructure and earthmoving exposure via subsidiary
Where it sits
Party to a three-year non-exclusive framework with a UK partner to pursue African infrastructure opportunities; FY26 revenue of Rs 79.85 crore on total assets of Rs 239.26 crore
Market Cap
₹55 Cr
P / E (TTM)
0.7×
EV / EBITDA
1.1×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
9.2%·
ROCE (5y median)
ROE 2.9% · margin 52.3%
Leverage
0.05·
Debt / Equity · low
Net debt ₹9 Cr
Revenue FY22→FY26
66.5×▲
Margin +19.8 pts
₹1 Cr → ₹80 Cr
Cash conversion
-1.90×▼
Operating cash ÷ profit · 5 yrs
₹-53 Cr on ₹28 Cr
Where it sits among 127 Diversified Commercial Services peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#5/90
P/B#10/92
ROCE#13/105
ROE#28/116
Debt / Equity#63/116
EBITDA margin#28/92
Revenue growth#13/91
Profit growth#20/110

Scorecard

Measured from the filed financials, judged against its Diversified Commercial Services peers · as of FY26 — not investment advice

Strengths
Returns on capital 9.2% (5-year median)
#13 of 105 in Diversified Commercial Services on the latest reported figures · up from 3.9% in FY22
Concerns
Over 5 years it reported ₹28 Cr of profit and ₹-53 Cr of operating cash — -1.90×
Less than 60p of every ₹1 of profit arrived as cash
Heavy working capital — 225 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

Loading peers…

Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

Loading financials…

Ownership

Who owns it — and is the promoter stake clean?

Loading shareholding…

Sign up to see the full company file

Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.

Common questions

Answered from Kalind Limited's filed financials and exchange disclosures

What does Kalind Limited do?

Kalind Limited is a Commercial Services & Supplies company listed on BSE.

Is Kalind Limited profitable?

Yes. Over the trailing twelve months Kalind Limited reported a net profit of ₹41 Cr on revenue of ₹101 Cr.

Does Kalind Limited pay a dividend?

Not in the latest reported year — Kalind Limited's dividend payout for FY26 was nil.

Is Kalind Limited debt-free?

No. Debt stands at 0.05× equity, and it carries net debt of ₹9 Cr. That is lower than 46% of its 116 Diversified Commercial Services peers.

Is Kalind Limited expensive compared with its peers?

On trailing P/E, Kalind Limited ranks 5 of 90 in Diversified Commercial Services — cheaper than 96% of them, against an industry median of 14.1×. This is a position, not a valuation judgement.

Where can I track Kalind Limited's announcements?

Every NSE and BSE filing by Kalind Limited appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.