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KESAR INDIA LIMITED

Realty › Realty
₹1,081.05
at close · 28 Oct 2026
▼ 57.95 (-5.09%)

Latest filings

  1. Promoter group acquires 51.88 lakh shares via warrant conversion and share swap · Ownership Changes
  2. Promoter Group Allotment of 17.31 Lakh Shares via Share Swap at Rs 900 Each · Fund Raising
  3. Compliance certificate for share dematerialisation, Q2 FY27 · Compliance
All filings ↓
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Snapshot

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

AI · written from filings

Develops residential and commercial real estate, primarily in Central India, with an EPC subsidiary executing construction contracts. The company is Nagpur-based and is expanding into NCR, Hyderabad, Bangalore, Chennai, Vijaywada and Kanpur. Its FY26 revenue at the company level was Rs 176.45 crore with a net profit of Rs 29.88 crore and an EBITDA margin of 26.2%. It reports a single operating segment with revenue of Rs 147.38 crore and segment EBIT of Rs 36.99 crore; supplementary disclosure also lists a Real Estate (including Share Trading) line with Rs 25.96 crore of revenue and an Advertisement Requisites, Marketing and Consultancy line with Rs 28.98 crore of revenue. The development pipeline exceeds Rs 5,100 crore in gross development value across 29 projects covering roughly 15.6 million sq ft, and the wholly-owned EPC subsidiary Kesar Infraventures secured a Rs 160 crore contract from Zee Enterprises for residential towers at Byculla, Central Mumbai, to be built over 24 months. A land parcel was sold to Godrej Properties for Rs 115.7 crore and a ~7,725 sq ft commercial office was acquired in Hyderabad's Aditya Trade Centre. Materials are the largest input cost at 64.9% of revenue, reflecting land and construction inputs, while employee cost is just 3%.

Operating scale
Development pipeline GDV
Rs 5,100+ crore across 29 projectsFY26
Pipeline area
~15.6 million sq ftFY26
EPC contract win
Rs ~160 crore residential project in Central Mumbai (24 months)May 2026
Land sale to Godrej Properties
Rs 115.7 croreFY26
Commercial office acquired in Hyderabad
~7,725 sq ft at Aditya Trade Centre, AmeerpetJul 2026
Debt-to-equity ratio
0.18FY26
Who pays it
Homebuyers and commercial property buyers; EPC clients such as Zee Enterprises.
Biggest cost
Materials at 64.9% of revenue, primarily land and construction inputs.
Kind of business
Asset-heavy residential and commercial real estate developer with an EPC construction arm.
Where it sits
Nagpur-based developer featured in the Hurun India Real Estate 150 for two consecutive years; 6th in India on YoY revenue growth per the same list.
Market Cap
₹3,089 Cr
P / E (TTM)
82.0×
EV / EBITDA
—
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
16.6%▲
ROCE (FY26)
ROE 12.0% · margin 26.2%
Leverage
0.17·
Debt / Equity · low
Net debt ₹11 Cr
Revenue FY24→FY26
3.3×▲
Revenue change
₹53 Cr → ₹176 Cr
Moves on a normal day
0.75%·
Median daily move
Last 258 sessions · the yardstick for filing-day moves
Where it sits among 92 Residential, Commercial Projects peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#53/61
P/B#63/70
ROCE#13/88
ROE#11/73
Debt / Equity#35/73
EBITDA margin#21/59
Revenue growth#13/64

Scorecard

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

Strengths
Returns on capital 16.6%
#13 of 88 in Residential, Commercial Projects on the latest reported figures
Concerns
Heavy working capital — 163 days of cash tied up

Charts

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

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 KESAR INDIA LIMITED's filed financials and exchange disclosures

What does KESAR INDIA LIMITED do?

KESAR INDIA LIMITED is a Realty company listed on BSE.

Does KESAR INDIA LIMITED pay a dividend?

Not in the latest reported year — KESAR INDIA LIMITED's dividend payout for FY26 was nil.

Is KESAR INDIA LIMITED debt-free?

No. It reported borrowings of ₹42 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹11 Cr after cash. Debt stands at 0.17× equity. That is lower than 53% of its 73 Residential, Commercial Projects peers.

Is KESAR INDIA LIMITED expensive compared with its peers?

On trailing P/E, KESAR INDIA LIMITED ranks 53 of 61 in Residential, Commercial Projects — cheaper than 13% of them, against an industry median of 17.4×. This is a position, not a valuation judgement.

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

On a typical session KESAR INDIA LIMITED moves 0.75% — that is the median absolute close-to-close move across its last 258 trading days. MarketPing measures each filing's price reaction against it.

Where can I track KESAR INDIA LIMITED's announcements?

Every NSE and BSE filing by KESAR INDIA 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.