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KESAR PETROPRODUCTS LTD.

Chemicals › Chemicals & Petrochemicals
₹13.95
at close · 28 Oct 2026
▼ 0.35 (-2.45%)

Latest filings

  1. Profit and cash flow weaken sharply in September quarter · Results
  2. Q2 profit falls 80% as operating cash flow turns negative · Results
  3. Clarification on share price movement, no undisclosed info · Regulatory & Legal
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

Manufactures CPC Crude pigments and downstream pigment intermediates — Alpha Blue, Beta Blue and CPC Green — at a plant operating at 65-70% capacity utilization. Pigments accounted for the bulk of Kesar Petroproducts' FY26 revenue of Rs 187.22 crore, with management guiding a strategic shift from lower-margin CPC Crude toward higher-margin Alpha and Beta Blue grades. The company has begun commercialising complex fertilisers (plant capacity of 12,000 MT p.a., with FY27 utilisation guided at 3,600 MT and revenue potential cited at Rs 30-40 crore) and is also pursuing zinc phosphate as a new by-product vertical. A co-generation plant under phased commissioning targets Rs 3-4 crore in annual cost savings from Q1 FY27. Raw materials dominate the cost base at 84.9% of revenue (Rs 158.86 crore), and capex was 20.1% of revenue (Rs 37.61 crore) in FY26 as the new lines and co-gen plant come up. Exports faced US tariff pressure in Q3 FY26, weighing on quarterly revenue.

Operating scale
Plant capacity utilization
65-70%Q3 FY26
Complex fertiliser plant capacity
12,000 MT per annumFY27
Complex fertiliser guided utilisation
3,600 MT per annumFY27
Complex fertiliser revenue potential
Rs 30-40 croreFY27
CPC Blue & Green share of India pigment market
~80%FY26
Indian pigment industry operating rate
~8,000 MT per month at ~70% utilisationFY26
Who pays it
Domestic and export buyers in pigments and fertilisers; exports impacted by US tariffs in Q3 FY26
Biggest cost
Raw materials at 84.9% of revenue (Rs 158.86 crore in FY26)
Kind of business
Cyclical, asset-heavy commodity chemicals with capacity expansion into fertilisers
Where it sits
Indian pigments producer operating in a domestic CPC Blue and Green segment that accounts for ~80% of the India pigment market
Market Cap
₹135 Cr
P / E (TTM)
13.9×
EV / EBITDA
8.9×
Div Yield
—
Growth
8.5%▲
Revenue 5y CAGR
PAT +80.9% · EBITDA +26.1%
Quality
3.9%·
ROCE (5y median)
ROE 4.0% (5y median) · margin 12.0%
Leverage
0.48·
Debt / Equity · low
Net debt ₹66 Cr
Revenue FY21→FY26
1.5×▲
Margin +4.8 pts
₹124 Cr → ₹187 Cr
Cash conversion
1.67×▲
Operating cash ÷ profit · 5 yrs
₹46 Cr on ₹28 Cr
Moves on a normal day
1.79%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 66 Commodity Chemicals peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#18/50
P/B#21/60
ROCE#29/62
ROE#26/60
Debt / Equity#40/60
EBITDA margin#54/58
Revenue growth#19/54
Profit growth#62/64

Scorecard

Measured from the filed financials, judged against its Commodity Chemicals peers · as of FY26 — not investment advice

Strengths
Profit compounding 81% a year over 5 years
Over 5 years it reported ₹28 Cr of profit and ₹46 Cr of operating cash — 1.67×
Profit is converting into cash
Concerns
Returns on capital 3.9% (5-year median)
#29 of 62 in Commodity Chemicals on the latest reported figures · up from 0.9% in FY21

Charts

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

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Peers

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Financials

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Ownership

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Common questions

Answered from KESAR PETROPRODUCTS LTD.'s filed financials and exchange disclosures

What does KESAR PETROPRODUCTS LTD. do?

KESAR PETROPRODUCTS LTD. is a Chemicals & Petrochemicals company listed on BSE.

Is KESAR PETROPRODUCTS LTD. profitable?

Yes. Over the trailing twelve months KESAR PETROPRODUCTS LTD. reported a net profit of ₹9.68 Cr on revenue of ₹187 Cr.

Does KESAR PETROPRODUCTS LTD. pay a dividend?

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

Is KESAR PETROPRODUCTS LTD. debt-free?

No. It reported borrowings of ₹72 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹66 Cr after cash. Debt stands at 0.48× equity. That is higher than 66% of its 60 Commodity Chemicals peers.

Is KESAR PETROPRODUCTS LTD. expensive compared with its peers?

On trailing P/E, KESAR PETROPRODUCTS LTD. ranks 18 of 50 in Commodity Chemicals — cheaper than 65% of them, against an industry median of 17.4×. This is a position, not a valuation judgement.

How much does the KESAR PETROPRODUCTS LTD. share price move in a day?

On a typical session KESAR PETROPRODUCTS LTD. moves 1.79% — 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 KESAR PETROPRODUCTS LTD.'s announcements?

Every NSE and BSE filing by KESAR PETROPRODUCTS LTD. 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.