Kaya Limited
NSE: KAYA · Leisure Services · sector
₹280.80NSE close 2026-10-26
Key numbers
Market cap₹426 cr
Price₹280.80
52w high / low₹475 / ₹224
P/E–Sector median 18.1x
P/B–Sector median 9.2x
Book value₹-100.6
Dividend yield–Sector median 0.31%
ROE–Sector median 66.1%
ROCE-581.5%Sector median -255.4%
OPM-10.9%Sector median 15.9%
Debt / equity–Sector median 0.00x
EV/EBITDA–Sector median 11.2x
Interest cover-1.7x
Current ratio0.42x
Sales growth 3y+7.7%Sector median +7.7%
Profit growth 3y–
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 2 companies in Leisure Services (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹40 cr vs borrowings ₹163 cr (FY26): borrowings are higher by ₹123 cr.
- Borrowings rose in each of the last 3 years (₹92 cr → ₹163 cr).
- Operating profit covered interest -1.7x in the last 12 months.
- Operating cash flow was below net profit in 0 of the last 5 years.
- Net loss in 8 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- No dividend in the last 5 financial years.
- Price ₹280.80 on 2026-10-26: -40.9% from the 52-week high, +25.4% 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 ₹486.40 · low ₹226.45
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 52 | 58 | 55 | 53 | 54 | 60 | 56 | 60 |
| EBITDA | 6 | 1 | 6 | 4 | -3 | -17 | -9 | 4 |
| OPM % | 10.8% | 1.6% | 10.8% | 7.1% | -6.2% | -27.7% | -16.0% | 6.4% |
| Other income | 1 | 1 | 4 | 1 | 4 | 2 | 2 | 1 |
| Net profit | -11 | -15 | -7 | -14 | -19 | -36 | -28 | -15 |
| EPS (₹) | -8.13 | -11.77 | -5.33 | -10.74 | -13.17 | -23.41 | -18.28 | -9.99 |
| Revenue YoY | +2.9% | +2.9% | +2.0% | +13.9% | ||||
| Profit YoY | – | – | – | – |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 141 | 178 | 210 | 217 | 222 | 230 |
| EBITDA | 11 | -28 | -82 | 25 | -25 | -25 |
| Net profit | -25 | -85 | -139 | -27 | -96 | -97 |
| EPS (₹) | -19.50 | -65.44 | -106.18 | -20.26 | -66.64 | -64.85 |
| Revenue growth | +26.5% | +18.0% | +3.4% | +2.3% | +5.3% | |
| Profit growth | – | – | – | – | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +7.7% | +13.7% | +5.3% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -18.0% (2y) | -34.4% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 16 | -117 | -139 | -153 |
| Borrowings | – | 92 | 126 | 144 | 163 |
| Cash & equivalents | – | 37 | 36 | 10 | 40 |
| Total assets | – | 303 | 221 | 237 | 278 |
| Fixed assets | – | 93 | 131 | 157 | 192 |
| Capital work in progress | – | – | – | – | 0 |
| Investments | – | 121 | 0 | 1 | 0 |
| Receivables | – | 5 | 5 | 2 | 1 |
| Inventory | – | 21 | 20 | 26 | 20 |
| Payables | – | 13 | 18 | 14 | 13 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 34 | 47 | 40 | 15 | 21 |
| Cash from investing | -74 | -1 | -35 | 14 | -62 |
| Cash from financing | 40 | -32 | -13 | -30 | 37 |
| Capex | 10 | 16 | 31 | 28 | 41 |
| Free cash flow | 25 | 31 | 9 | -14 | -20 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | -538.5% | 118.8% | 19.0% | 62.9% |
| ROCE % | – | -49.4% | -1,268.0% | 89.8% | -579.0% |
| Debtor days | – | 10 | 8 | 4 | 1 |
| Inventory days | – | 584 | 533 | 614 | 644 |
| Payable days | – | 356 | 464 | 335 | 410 |
| Cash conversion cycle (days) | – | 238 | 77 | 283 | 235 |
| Working capital days | – | -125 | -111 | -129 | -164 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 51.43% |
| FIIs | 0.66% |
| DIIs | 3.26% |
| Public (non-institutions) | 44.65% |
| Quarter | Mar 2025 | Jun 2025 | Aug 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 59.64% | 59.64% | 51.43% | 51.43% | 51.43% | 51.43% | 51.43% | 51.43% |
| Promoter group | % |
|---|---|
| Harsh C Mariwala with Late Kishore V Mariwala for Acquarius Family Trust | 9.37% |
| Harsh C Mariwala with Late Kishore V Mariwala for Gemini Family Trust | 9.37% |
| Harsh C Mariwala with Late Kishore V Mariwala for Taurus Family Trust | 9.37% |
| Harsh C Mariwala with Late Kishore V Mariwala for Valentine Family Trust | 9.37% |
| Harsh C Mariwala | 2.68% |
| Rajvi H Mariwala | 1.73% |
| Rishabh H Mariwala | 1.73% |
| Ravindra.K.Mariwala | 1.64% |
| Archana H Mariwala | 1.62% |
| Rajen K Mariwala | 1.23% |
| Sharrp Ventures Capital Private Limited | 1.16% |
| Anjali R Mariwala | 0.98% |
| Paula R Mariwala | 0.84% |
| Pallavi Jaikishan Panchal | 0.12% |
| Malika Chirayu Amin | 0.12% |
| Public holders above 1% | % |
|---|---|
| Axana Estates LLP | 13.76% |
| Ikigai Emerging Equity Fund | 1.31% |
17,930 shareholders. Pledged: – of promoter shares.
Peers in Leisure Services
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| JSLL | ₹4,285 cr | 18.1x | 9.2x | 66.1% | 70.8% | 42.6% | – | 0.31% |
| KAYA | ₹426 cr | – | – | – | -581.5% | -10.9% | +7.7% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2018-07-25 | Other | Annual General Meeting |
| 2017-07-25 | Other | Annual General Meeting |
| 2016-07-27 | Other | Annual General Meeting |
| 2015-09-15 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Leisure Services |
| Sub-industry | Wellness |
| Symbol | KAYA |
| BSE code | 539276 |
| ISIN | INE587G01015 |
| Face value | ₹10.0 |
| 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.