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 · KOTHARI PRODUCTS LTD · 29 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
KOTHARI PRODUCTS LTD
NSE: KOTHARIPRO · BSE: 530299
NSE: KOTHARIPRO · BSE: 530299
Services › Services › Commercial Services & Supplies › Trading & Distributors
KOTHARI PRODUCTS LTD
StateQ1 FY27 filed
Last close · 28 Oct 2026₹57.60
Market cap₹0.3k cr
TTM P/E · P/B · EV/EBITDA16.9 · 0.30 · 389.2
KOTHARI PRODUCTS LTD is a Commercial Services & Supplies 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 | 3,397 | 1,387 | 992 | 958 | 1,010 |
| EBITDA (ex other income) | 7 | (21) | (3) | (132) | (34) |
| margin % | 0.2 | (1.5) | (0.3) | (13.8) | (3.4) |
| Owners' profit | 15 | 5 | 32 | (95) | 31 |
| EPS, as reported (₹) | 4.92 | 1.74 | 10.89 | (15.95) | 5.17 |
| ROE % · ROCE % | 1.4 · 3.8 | 0.4 · 1.6 | 2.7 · 2.1 | (8.4) · (6.6) | 2.9 · 1.6 |
| Debt / equity (x) | 0.32 | 0.24 | 0.07 | 0.23 | 0.09 |
| Cash from operations | 670 | 241 | 162 | 100 | (63) |
| Capex | (2) | (3) | (3) | (2) | (7) |
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 · KOTHARI PRODUCTS LTD · 29 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 | 266 | 221 | 223 | 248 | 283 | 162 | 317 | 270 |
| Profit before tax | (124) | 16 | 15 | 23 | (11) | 14 | (18) | 5 |
| Net profit | (120) | 11 | 10 | 21 | 4 | 10 | (2) | 8 |
| EPS (₹) | (40.26) | 3.55 | 1.52 | 3.03 | 0.81 | 1.67 | (0.33) | 1.26 |
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 % |
|---|---|---|
| Trading Items | 1,026 | 96.4 |
| Real Estate Etc. | 38 | 3.6 |
| Real Estate Etc | 1 | 0.1 |
| Total, before eliminations | 1,065 | 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. % |
|---|---|---|---|---|---|---|---|---|
| REDINGTON LIMITED | 27,525 | 16.2 | 2.64 | 12.8 | 12.3 | 15.7 | 15.9 | 2.2 |
| MMTC LIMITED | 7,740 | 17.3 | 3.65 | 16.5 | 18.3 | 21.6 | (83.7) | 18426.5 |
| MSTC LIMITED | 3,896 | 16.6 | 4.31 | 11.3 | 24.2 | 31.8 | (13.9) | 86.5 |
| CREATIVE NEWTECH LIMITED | 1,653 | 25.4 | 4.27 | 19.0 | 18.1 | 21.0 | — | 5.2 |
| Pervasive Commodities Limited | 1,104 | — | 12.27 | — | (0.0) | (0.0) | — | 45.0 |
| SHIV AUM STEELS LIMITED | 736 | 64.8 | 6.09 | 47.0 | 6.0 | 6.9 | — | 4.9 |
| The Yamuna Syndicate Ltd | 736 | 8.1 | 0.57 | 185.3 | 4.0 | 0.3 | 4.8 | 6.2 |
| THE STATE TRADING CORPN | 602 | 0.9 | — | 51.0 | — | — | — | — |
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/E (TTM) | 16.9 | 13.9 | 72 of 130 | 45% |
| P/B | 0.3 | 0.9 | 21 of 150 | 85% |
| ROCE | 0.8 | 2.1 | 112 of 177 | 37% |
| ROE | 2.9 | 2.3 | 73 of 158 | 54% |
| Debt / Equity | 0.1 | 0.1 | 80 of 154 | 48% |
| EBITDA margin | 2.6 | 4.5 | 87 of 137 | 37% |
| Revenue growth | 8.7 | (8.6) | 52 of 135 | 62% |
| Profit growth | (64.7) | 0.6 | 105 of 157 | 33% |
| Market cap | 344 | 21 | 14 of 179 | 93% |
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 · KOTHARI PRODUCTS LTD · 29 October 2026Page 3 of 3
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 14 Oct 2026 · RTA certificate under SEBI Reg 74(5) for Q2 FY27 | compliance | minimal | — | — |
| 14 Oct 2026 · Non-promoter retail investor shareholding details as on 30 Sep 2026 | compliance | low | — | — |
| 1 Oct 2026 · Kothari Products - 42nd AGM Voting Results: All 3 Resolutions Passed | board shareholder meetings | low | — | — |
| 30 Sept 2026 · 42nd AGM of Kothari Products Ltd held on 30 Sept 2026 | board shareholder meetings | low | — | — |
| 25 Sept 2026 · Trading Window closed from Oct 1, 2026 ahead of Q2 results | compliance | minimal | — | — |
| 14 Sept 2026 · Notice to shareholders on special window for physical share transfer | compliance | minimal | — | — |
| 8 Sept 2026 · 42nd AGM on 30 Sept 2026; e-voting from 27 to 29 Sept | compliance | minimal | — | — |
| 7 Sept 2026 · Web-link of Annual Report 2025-26 shared with shareholders | compliance | low | — | — |
| 7 Sept 2026 · 42nd AGM Notice - September 30, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 7 Sept 2026 · Annual Report FY26: Sales up 8%, PAT falls 35% | results | high | — | — |
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
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