NSE: KOKUYOCMLN · BSE: 523207
KOKUYO CAMLIN LIMITED
Makes stationery and colour products in India, running three manufacturing plants, with 74.44% ownership held by Japan's Kokuyo Co. In FY26, total revenue from operations was Rs 805.97 crore and net profit after tax was Rs 24.79 crore. Raw materials are the largest cost at Rs 338.01 crore or 41.9% of revenue, followed by employee costs at Rs 108.60 crore (13.5%) and other operating expenses at Rs 143.01 crore (17.7%). The business is largely domestic and capital expenditure in FY26 was Rs 16.87 crore. Leverage is low, with debt-to-equity of 0.08 and total assets of Rs 467.45 crore. The Board has recommended a final dividend of Rs 0.30 per equity share (30% on face value of Re 1) for FY26. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Stationery products, Colour products. Branded consumer stationery and colour products, low-leverage manufacturing
Exhibit 1: Financial summary, FY19–FY19 (all audited; no estimate years)
| ₹ crore · consolidated | FY19 |
|---|---|
| Revenue | 689 |
| EBITDA (ex other income) | 51 |
| margin % | 7.5 |
| Owners' profit | 0 |
| EPS, as reported (₹) | 3.04 |
| ROE % · ROCE % | 6.1 · 12.0 |
| Debt / equity (x) | 0.67 |
| Cash from operations | — |
| Capex | — |
Exhibit 2: Quarterly performance, last 1 quarters
| ₹ crore | Q4 FY19 |
|---|---|
| Revenue | 0 |
| Profit before tax | 0 |
| Net profit | 0 |
| EPS (₹) | 0.00 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| DOMS INDUSTRIES LIMITED | 11,233 | 51.7 | 8.63 | 26.8 | 18.4 | 22.7 | — | 12.9 |
| NAVNEET EDUCATION LTD | 2,772 | 7.4 | 132.06 | 501.2 | 17.6 | 20.2 | (54.0) | 27.5 |
| FLAIR WRITING INDUST LTD | 2,462 | 17.6 | 2.15 | 10.1 | 12.4 | 15.4 | — | 17.1 |
| KOKUYO CAMLIN LIMITED ◆ | 713 | — | 2.87 | 16.8 | 6.1 | 8.0 | — | — |
| LINC LIMITED | 555 | 17.6 | 2.14 | 8.1 | 12.7 | 17.4 | — | 9.0 |
| ALKOSIGN LIMITED | 69 | 5.8 | — | — | — | 4.9 | — | — |
| KSHITIJ POLYLINE LIMITED | 53 | 14.1 | 0.85 | 8.8 | 6.1 | 6.1 | — | 12.4 |
| SUNDARAM MULTI PAP LTD | 49 | — | 0.52 | 5.1 | (0.1) | (0.1) | — | 21.0 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/B | 2.9 | 2.1 | 6 of 8 | 29% |
| ROCE | 8.0 | 8.0 | 5 of 9 | 50% |
| ROE | 6.1 | 9.3 | 6 of 8 | 29% |
| Debt / Equity | 0.7 | 0.2 | 7 of 8 | 14% |
| Market cap | 713 | 555 | 4 of 9 | 63% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 28 Oct 2026 · Kokuyo Camlin board to approve second-quarter and half-year results on 4 November | results | low | — | — |
| 10 Oct 2026 · Reg 74(5) Compliance Certificate for Quarter Ended September 2026 | compliance | minimal | — | — |
| 28 Sept 2026 · Trading window closed from Oct 1 for Q2 results | compliance | minimal | — | — |
| 11 Sept 2026 · ROC notice on employee fraud and 2024 inventory discrepancies | regulatory legal | high | — | — |
| 4 Sept 2026 · Kokuyo Camlin gets GST order of about Rs 7.8 lakh, plans appeal | regulatory legal | high | — | — |
| 31 Aug 2026 · Kokuyo Camlin gets GST demand order of about Rs 1.12 crore, plans appeal | regulatory legal | medium | — | — |
| 10 Aug 2026 · 79th AGM proceedings filed; 30 percent dividend declared | board shareholder meetings | low | — | — |
| 8 Aug 2026 · Newspaper publication of Q1 FY27 unaudited financial results | compliance | minimal | — | — |
| 7 Aug 2026 · 79th AGM results - all 4 resolutions passed, dividend of Rs 0.30 per share approved | board shareholder meetings | low | — | — |
| 7 Aug 2026 · Kokuyo Camlin 79th AGM results: All 4 resolutions passed | board shareholder meetings | low | — | — |
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.