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NSE:KRISHNADEF

KRISHNA DEF AND ALD IND L

Capital Goods › Aerospace & Defense
₹1,156.50
at close · 28 Oct 2026
▼ 19.00 (-1.62%)

Latest filings

Next results: Thu, 29 Oct · Financial Results/Dividend
  1. Post-results investor call scheduled for 30 October 2026 · Board & Shareholder Meetings
  2. RTA certificate under SEBI Regulation 74(5) for Sep 2026 quarter · Compliance
  3. Company clarifies no undisclosed info behind sharp price movement · 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 naval and defence-grade special steel products — bulb bars for naval applications, low-magnetic-permeability ballast bricks for submarines, armoured steel profiles (now 26 variants for T-90 tanks), and special steel alloy welding wires/electrodes. Operates from a 150,000 sq ft Halol, Gujarat facility, where bulb bar capacity was doubled in April 2025; an additional 50,000 sq ft adjoining plot has been acquired for further expansion. Customers include the Indian Navy, DRDO, HVF Chennai (T-90 tank programme), and the Ministry of Defence, which awarded a Rs 20 crore order for Special Steel Products in August 2026. Beyond the core steel range, new product lines under development include AUVs with the Navy/DRDO, aircraft arresting gear, smart ammunition (Taharabadkar), and composite doors through the VABO JV; the company also holds 20% in Conceptia (ship/submarine design) and 40% in Waveoptix (RF-optical fibre). The largest cost line is materials at 35.2% of revenue, followed by other operating expenses at 19.1% and employees at 8.3%, with depreciation at 1.7%.

Operating scale
FY26 revenue
INR 244.78 croreFY26
FY26 EBITDA margin
21.3%FY26
Order book
INR 1,034 mn31 March 2026
Tender pipeline
INR 2,210 mn31 March 2026
Bulb bar capacity
4,000-4,500 tonnesPost April 2025 expansion
Halol facility size
150,000 sq ft plus 50,000 sq ft new plotFY26
Who pays it
Indian Navy, DRDO, HVF Chennai (T-90 tank programme), Ministry of Defence, and commercial shipbuilders (IRS certified)
Biggest cost
Materials at 35.2% of revenue
Kind of business
Defence manufacturer focused on naval-grade special steel with emerging new-product pipeline in unmanned and allied defence systems
Where it sits
Recently migrated from NSE SME platform to Main Board; FY26 consolidated revenue INR 244.78 crore, with Rs 20 crore MoD special steel order secured in August 2026
Market Cap
₹1,729 Cr
P / E (TTM)
32.3×
EV / EBITDA
—
Div Yield
0.04%
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
26.3%▲
ROCE (FY26)
ROE 21.3% · margin 22.6%
Leverage
0.01·
Debt / Equity · low
Net cash ₹3.97 Cr
Moves on a normal day
1.73%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 25 Aerospace & Defense peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#5/23
P/B#11/23
ROCE#5/26
ROE#6/23
Debt / Equity#10/23
EBITDA margin#8/23
Revenue growth#22/23

Scorecard

Measured from the filed financials, judged against its Aerospace & Defense peers · as of FY26 — not investment advice

Strengths
Returns on capital 26.3%
#5 of 26 in Aerospace & Defense on the latest reported figures
Concerns
Nothing flagged in the filed numbers.

Charts

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

KRISHNADEF · 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 KRISHNA DEF AND ALD IND L's filed financials and exchange disclosures

What does KRISHNA DEF AND ALD IND L do?

KRISHNA DEF AND ALD IND L is a Aerospace & Defense company listed on NSE, trading under the symbol KRISHNADEF.

Does KRISHNA DEF AND ALD IND L pay a dividend?

Yes. The dividend yield is 0.04% at the current price. It paid out 2% of its profit as dividend in FY26.

Is KRISHNA DEF AND ALD IND L debt-free?

On a net basis, yes. It reported borrowings of ₹2.06 Cr on its 31 Mar 2026 balance sheet, but holds ₹3.97 Cr more cash than debt.

Is KRISHNA DEF AND ALD IND L expensive compared with its peers?

On trailing P/E, KRISHNA DEF AND ALD IND L ranks 5 of 23 in Aerospace & Defense — cheaper than 82% of them, against an industry median of 69.8×. This is a position, not a valuation judgement.

How much does the KRISHNA DEF AND ALD IND L share price move in a day?

On a typical session KRISHNA DEF AND ALD IND L moves 1.73% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are KRISHNA DEF AND ALD IND L's next results?

Financial Results/Dividend on Thu, 29 Oct. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track KRISHNA DEF AND ALD IND L's announcements?

Every NSE and BSE filing by KRISHNA DEF AND ALD IND L 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.