Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · KAUSHALYA INFRA DEV LTD. · 9 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
KAUSHALYA INFRA DEV LTD.
NSE: KAUSHALYA · BSE: 532925
NSE: KAUSHALYA · BSE: 532925
Consumer Discretionary › Consumer Services › Leisure Services › Hotels & Resorts
KAUSHALYA INFRA DEV LTD.
StateQ1 FY27 filed
Last close · 8 Oct 2026₹837.00
Market cap₹0.0k cr
TTM P/E · P/B · EV/EBITDA— · 0.37 · —
KAUSHALYA INFRA DEV LTD. is a Leisure Services company listed on NSE. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 1 |
| EBITDA (ex other income) | 1 | (2) | (3) | (1) | (1) |
| margin % | 745.5 | (1747.0) | (1793.9) | (908.8) | (62.0) |
| Owners' profit | 0 | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | 0.12 | 4.46 | 436.14 | 153.95 | 9.46 |
| ROE % · ROCE % | 1.0 · 2.1 | 27.1 · (2.3) | 20.6 · 18.8 | 6.8 · (1.3) | 0.4 · 0.6 |
| Debt / equity (x) | 0.58 | 0.39 | 0.00 | 0.00 | 0.00 |
| Cash from operations | (4) | 1 | 19 | 0 | (0) |
| Capex | 0 | 0 | 0 | 0 | 0 |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · KAUSHALYA INFRA DEV LTD. · 9 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Profit before tax | (0) | (0) | (0) | 0 | (0) | 1 | (0) | (0) |
| Net profit | 4 | 1 | 1 | 0 | (0) | 1 | (0) | (0) |
| EPS (₹) | 124.41 | 15.75 | 20.17 | 11.89 | (7.25) | 15.44 | (10.62) | (13.04) |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Construction | 1 | 83.4 |
| Hotel | 0 | 16.6 |
| Total, before eliminations | 1 | 100.0 |
Source: the filed segment block, four quarters summed.
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| THE INDIAN HOTELS CO. LTD | 1,01,296 | 47.2 | 6.78 | 26.9 | 15.0 | 16.2 | 43.8 | 32.2 |
| ITC HOTELS LIMITED | 32,182 | 37.1 | 2.75 | 20.9 | 7.0 | 9.0 | — | 37.5 |
| LEELA PALACES HOTEL LTD | 19,603 | 32.4 | 3.04 | 26.1 | 6.2 | 5.9 | — | 43.2 |
| EIH LIMITED | 18,198 | 25.6 | 3.36 | 17.0 | 12.2 | 14.9 | 42.7 | 31.6 |
| CHALET HOTELS LIMITED | 18,067 | 34.2 | 4.89 | 16.5 | 17.4 | 13.6 | 56.6 | 45.5 |
| VENTIVE HOSPITALITY LTD | 13,125 | 27.4 | 1.94 | 11.5 | 7.4 | 7.4 | — | 37.7 |
| LEMON TREE HOTELS LTD | 8,710 | 37.0 | 4.19 | 16.0 | 13.9 | 9.2 | 41.8 | 44.1 |
| INDIA TOUR. DEV. CO. LTD. | 5,635 | 68.7 | 13.71 | 46.0 | 20.0 | 26.6 | 24.7 | 17.2 |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/B | 0.4 | 1.7 | 4 of 57 | 95% |
| ROCE | 0.6 | 4.9 | 49 of 65 | 25% |
| ROE | 0.4 | 6.3 | 45 of 57 | 21% |
| Debt / Equity | 0.0 | 0.2 | 1 of 57 | 88% |
| EBITDA margin | (2146.0) | 29.5 | 58 of 58 | 0% |
| Revenue growth | (41.7) | 7.6 | 55 of 58 | 5% |
| Profit growth | (209.7) | 11.6 | 51 of 55 | 7% |
| Market cap | 29 | 247 | 51 of 66 | 23% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · KAUSHALYA INFRA DEV LTD. · 9 October 2026Page 3 of 3
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 30 Sept 2026 · Income Tax order received under Section 271DA for FY 2017-18 | regulatory legal | high | — | — |
| 28 Sept 2026 · 34th AGM held on 28 Sep 2026; all 4 resolutions approved | board shareholder meetings | low | — | — |
| 28 Sept 2026 · 34th AGM held on 28 Sep; 4 resolutions tabled, voting results awaited | board shareholder meetings | low | — | — |
| 24 Sept 2026 · Trading window closed from Oct 1 till 48 hours after Q2 FY27 results | compliance | minimal | — | — |
| 5 Sept 2026 · Kaushalya Infra publishes 34th AGM notice in newspapers | compliance | minimal | — | — |
| 3 Sept 2026 · 34th Annual Report FY26 submitted; AGM on Sept 28, 2026 | compliance | low | — | — |
| 3 Sept 2026 · 34th AGM on Sep 28; seeks nod to sell 28.47-acre land and hotel | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Newspaper publication of 34th AGM notice for members | compliance | minimal | — | — |
| 17 Aug 2026 · Newspaper publication of Q1FY27 unaudited financial results filed with BSE | compliance | minimal | — | — |
| 14 Aug 2026 · Kaushalya Infra Q1 FY27 results: standalone loss of Rs 48.90 lakh | results | high | — | — |
Source: exchange announcements; reaction = close-to-close from the filing's session.
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in