Kamdhenu Ventures Limited

NSE: KAMOPAINTS · Paints · sector

₹3.75NSE close 2026-10-26

Key numbers

Market cap₹123 cr

Price₹3.75

52w high / low₹9 / ₹4

P/E–Sector median 34.4x

P/B0.7xSector median 4.2x

Book value₹5.4

Dividend yield–Sector median 0.96%

ROE-2.4%Sector median 14.9%

ROCE-0.6%Sector median 18.6%

OPM1.7%Sector median 15.5%

Debt / equity0.15xSector median 0.08x

EV/EBITDA31.8xSector median 19.8x

Interest cover-0.3x

Current ratio2.51x

Sales growth 3y-1.9%Sector median +4.0%

Profit growth 3y–Sector median +9.4%

PEG–

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 9 companies in Paints (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹20 cr vs borrowings ₹27 cr (FY26): borrowings are higher by ₹7 cr.
Operating profit covered interest -0.3x in the last 12 months.
Promoter holding rose by 2.21 percentage points in a year, to 52.54% (2026-09-30).
Operating cash flow was below net profit in 2 of the last 4 years (FY25, FY24).
Net loss in 2 of the last 8 quarters.
Revenue was higher than a year earlier in 1 of the last 4 quarters.
Debtor days went from 180 (FY24) to 219 (FY26).
No dividend in the last 4 financial years.
Price ₹3.75 on 2026-10-26: -56.6% from the 52-week high, +4.2% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹56.55 · low ₹3.75

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	55	74	83	50	57	63	75	46
EBITDA	3	5	5	3	4	4	-2	-2
OPM %	6.3%	6.3%	5.8%	6.6%	6.5%	6.3%	-2.0%	-4.4%
Other income	0	0	0	0	0	0	1	0
Net profit	1	2	2	1	1	1	-3	-3
EPS (₹)	0.04	0.06	0.06	0.03	0.03	0.03	-0.09	-0.10
Revenue YoY					+3.6%	-14.6%	-9.4%	-7.9%
Profit YoY					-15.1%	-50.3%	-241.3%	-490.8%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY23	FY24	FY25	FY26	TTM
Revenue	260	292	266	245	241
EBITDA	-0	22	17	9	4
Net profit	-11	14	7	0	-4
EPS (₹)	-0.75	0.44	0.21	0.01	-0.13
Revenue growth		+12.4%	-8.8%	-7.8%	-7.8%
Profit growth		–	-51.9%	-97.0%	-168.6%
Dividend / share (₹)	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	-1.9%	–	-7.9%
Net profit	–	–	-168.6%
EPS	–	–	–
Share price	–	-57.1% (2y)	-51.9%

Balance sheet

₹ cr	FY23	FY24	FY25	FY26
Shareholders' equity	80	159	166	179
Borrowings	56	20	23	27
Cash & equivalents	4	9	6	20
Total assets	219	271	265	287
Fixed assets	44	44	43	44
Capital work in progress	1	0	0	3
Investments	0	0	0	0
Receivables	104	144	138	147
Inventory	59	66	67	56
Payables	64	70	52	53

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY23	FY24	FY25	FY26
Cash from operations	0	-16	1	11
Cash from investing	-3	-6	-3	-9
Cash from financing	-4	26	-0	12
Capex	3	6	3	9
Free cash flow	-3	-22	-2	2

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY23	FY24	FY25	FY26
ROE %	-14.0%	8.7%	4.0%	0.1%
ROCE %	-3.7%	10.4%	6.4%	2.2%
Debtor days	146	180	189	219
Inventory days	126	150	165	144
Payable days	137	160	129	137
Cash conversion cycle (days)	135	170	225	226
Working capital days	71	152	175	203

Shareholding

Holder	% (2026-09-30)
Promoters	52.54%
DIIs	0.01%
Public (non-institutions)	47.45%

Quarter	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Mar 2026	Jun 2026	Sep 2026
Promoters %	50.33%	50.33%	50.33%	50.33%	52.54%	52.54%	52.54%	52.54%

Promoter group	%
Sunil Kumar Agarwal	8.14%
Sarita Agarwal	7.84%
Saurabh Agarwal	6.57%
Sachin Agarwal	5.93%
Satish Kumar Agarwal	5.41%
Kamdhenu Limited	4.45%
Radha Agarwal	3.22%
Shafali Agarwal	2.32%
SATISH KUMAR AGARWAL HUF (Karta Satish Kumar Agarwal)	1.85%
Shatul Agarwal	1.40%
Somya Agarwal	1.14%
SUNIL KUMAR HUF (Karta Sunil Kumar Agarwal)	1.08%
Shivani Agarwal	1.00%
Priyanka Agarwal	0.86%
Ishita Agarwal	0.74%

94,996 shareholders. Pledged: – of promoter shares.

Peers in Paints

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
ASIANPAINT	₹2,22,726 cr	46.7x	10.4x	23.4%	28.0%	19.0%	+1.1%	1.09%
BERGEPAINT	₹54,312 cr	44.6x	7.8x	18.6%	21.3%	15.5%	+4.0%	0.82%
KANSAINER	₹14,447 cr	24.1x	2.1x	9.1%	12.5%	11.3%	+2.2%	2.10%
JSWDULUX	₹12,700 cr	6.5x	5.2x	103.8%	96.8%	65.0%	-1.8%	6.67%
INDIGOPNTS	₹4,872 cr	30.3x	4.2x	14.9%	19.3%	18.2%	+9.4%	0.34%
SIRCA	₹2,331 cr	34.4x	4.9x	16.2%	18.6%	19.7%	+22.5%	0.35%
SHALPAINTS	₹673 cr	–	2.7x	-24.5%	-11.2%	-5.6%	+5.8%	–
KAMOPAINTS	₹123 cr	–	0.7x	-2.4%	-0.6%	1.7%	-1.9%	–
RETINA	₹43 cr	67.1x	2.2x	3.3%	12.1%	11.8%	+29.4%	–

All 9 companies in Paints →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
Paint	₹246 cr	100.0%	₹1 cr	0.6%
Company Segment (including other income)	₹0 cr	0.0%	₹-1 cr	-2,274.9%

Dividends & corporate actions

Ex-date	Action	Detail
2024-06-14	Split	Face Value Split (Sub-Division) - From Rs 5/- Per Share To Re 1/- Per Share
2023-08-01	Bonus	Bonus 1:1

Documents

Links go to the original files on the exchange website.

About the company


Sector	Consumer Discretionary
Industry	Paints
Sub-industry	Paints
Symbol	KAMOPAINTS
BSE code	543747
ISIN	INE0BTI01037
Face value	₹1.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.