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NSE:KAMDHENU

KAMDHENU LIMITED

Capital Goods › Industrial Products
₹34.23
at close · 28 Oct 2026
▲ 0.23 (+0.68%)

Latest filings

  1. Kamdhenu reports 27% Q2 profit after tax growth and nil debt · Investor Communications
  2. Q2 and H1 FY27 net profit rises 27% and 31% with stronger margins · Compliance
  3. Kamdhenu Q2 net profit rises 27.3% on 12.5% revenue growth · Results
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Snapshot

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

AI · written from filings

Manufactures and sells steel TMT bars (thermo-mechanically treated reinforcement bars) used in construction, primarily through a franchisee model where independent units produce under the Kamdhenu brand and pay the company royalty. In FY26, franchisee volumes reached 37.9 lakh metric tonnes (MT), while its own facility produced around 1.2 lakh MT. Royalty income from franchisees totalled Rs. 174.5 crore in FY26, up 25% year-on-year, and is the most capital-efficient revenue line. Through Kamdhenu Ventures, it also sells decorative paints under the Kamdhenu Paints brand via a network of over 4,400 dealers and 25,000 painters, earning Rs. 266 crore in revenue in FY25. FY26 consolidated revenue was Rs. 763.4 crore with profit after tax of Rs. 78.4 crore; Q1 FY27 revenue was Rs. 213.3 crore. The biggest cost line is materials at 66.1% of revenue, reflecting the commodity nature of steel input costs. The company is debt-free.

Revenue mix · reported segments
Steel (TMT bars)71.3%
Paints28.7%
Operating scale
Franchisee steel volumes
37.9 lakh MTFY26
Royalty income from franchisees
Rs. 174.5 croreFY26
Share of organised branded retail TMT market
20%FY25
Steel dealer network
12,500+Q1 FY27
Paint dealers and painters
4,400 dealers, 25,000 paintersFY25
Captive solar plant
5 MWp in RajasthanQ1 FY27
Who pays it
Construction and real estate developers (for TMT bars), retail dealers and painters (for paints), with franchisee manufacturers paying royalty on branded steel production
Biggest cost
Raw materials at 66.1% of revenue (primarily steel and paint inputs)
Kind of business
Asset-light franchisee-led steel brand with capital-efficient royalty income, supplemented by branded decorative paints
Where it sits
Holds about 20% share of India's organised branded retail TMT segment via its franchisee manufacturing network
Market Cap
₹965 Cr
P / E (TTM)
3.5×
EV / EBITDA
19.1×
Div Yield
0.22%
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
17.8%▲
ROCE (FY22)
ROE 12.1% · margin 6.5%
Leverage
0.40·
Debt / Equity · low
Net debt ₹75 Cr
Moves on a normal day
1.42%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 123 Iron & Steel Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#12/105
P/B#88/101
ROCE#35/115
ROE#29/103
Debt / Equity#74/101
EBITDA margin#76/100
Revenue growth#49/97
Profit growth#47/105

Scorecard

Measured from the filed financials, judged against its Iron & Steel Products peers · as of FY22 — not investment advice

Strengths
Returns on capital 17.8%
#35 of 115 in Iron & Steel Products on the latest reported figures
Concerns
Nothing flagged in the filed numbers.

Charts

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

KAMDHENU · price

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▲ 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?

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Financials

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

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from KAMDHENU LIMITED's filed financials and exchange disclosures

What does KAMDHENU LIMITED do?

KAMDHENU LIMITED is a Industrial Products company listed on NSE and BSE, trading under the symbol KAMDHENU.

Is KAMDHENU LIMITED profitable?

Yes. Over the trailing twelve months KAMDHENU LIMITED reported a net profit of ₹26 Cr on revenue of ₹841 Cr.

Does KAMDHENU LIMITED pay a dividend?

Yes. The dividend yield is 0.22% at the current price. It paid out 8% of its profit as dividend in FY22.

Is KAMDHENU LIMITED debt-free?

No. It reported borrowings of ₹87 Cr on its 31 Mar 2022 balance sheet, or net debt of ₹75 Cr after cash. Debt stands at 0.40× equity. That is higher than 73% of its 101 Iron & Steel Products peers.

Is KAMDHENU LIMITED expensive compared with its peers?

On trailing P/E, KAMDHENU LIMITED ranks 12 of 105 in Iron & Steel Products — cheaper than 89% of them, against an industry median of 15.4×. This is a position, not a valuation judgement.

How much does the KAMDHENU LIMITED share price move in a day?

On a typical session KAMDHENU LIMITED moves 1.42% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track KAMDHENU LIMITED's announcements?

Every NSE and BSE filing by KAMDHENU 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.