KDDL Limited
NSE: KDDL · Gems, Jewellery And Watches · sector
₹3,654.90NSE close 2026-10-26
Key numbers
Market cap₹4,496 cr
Price₹3,654.90
52w high / low₹4,270 / ₹1,990
P/E46.3xSector median 16.4x
P/B4.2xSector median 1.9x
Book value₹878.2
Dividend yield0.55%Sector median 0.46%
ROE9.7%Sector median 14.7%
ROCE20.9%Sector median 15.0%
OPM14.3%Sector median 6.6%
Debt / equity0.14xSector median 0.26x
EV/EBITDA11.8xSector median 15.4x
Interest cover5.8x
Current ratio3.85x
Sales growth 3y+24.4%Sector median +25.6%
Profit growth 3y+18.0%Sector median +26.1%
PEG2.40x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 82 companies in Gems, Jewellery And Watches (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹735 cr vs borrowings ₹156 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 5.8x in the last 12 months.
- No promoter shares are pledged.
- Promoter holding fell by 2.29 percentage points in a year, to 48.14% (2026-09-30).
- Operating cash flow was below net profit in 3 of the last 5 years (FY25, FY24, FY23).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 57% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹3,654.90 on 2026-10-26: -14.4% from the 52-week high, +83.7% 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 ₹4,119.80 · low ₹2,102.50
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 396 | 472 | 420 | 465 | 517 | 597 | 575 | 634 |
| EBITDA | 63 | 78 | 64 | 69 | 72 | 80 | 85 | 95 |
| OPM % | 15.8% | 16.5% | 15.4% | 14.7% | 13.9% | 13.5% | 14.8% | 15.0% |
| Other income | 14 | 11 | 11 | 12 | 14 | 18 | 10 | 13 |
| Net profit | 25 | 32 | 20 | 20 | 19 | 23 | 25 | 29 |
| EPS (₹) | 19.65 | 26.10 | 16.37 | 16.61 | 15.75 | 18.69 | 20.58 | 23.87 |
| Revenue YoY | +30.4% | +26.4% | +37.0% | +36.3% | ||||
| Profit YoY | -21.1% | -29.2% | +24.6% | +43.7% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 816 | 1,119 | 1,391 | 1,648 | 2,153 | 2,322 |
| EBITDA | 107 | 162 | 249 | 260 | 306 | 333 |
| Net profit | 32 | 54 | 137 | 95 | 88 | 97 |
| EPS (₹) | 25.26 | 42.18 | 81.90 | 76.26 | 71.63 | 78.89 |
| Revenue growth | +37.1% | +24.3% | +18.5% | +30.7% | +32.5% | |
| Profit growth | +67.9% | +156.5% | -31.2% | -6.9% | -0.8% | |
| Dividend / share (₹) | 1.50 | 5.00 | 60.00 | 4.00 | 20.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +24.4% | +31.4% | +32.5% |
| Net profit | +18.0% | +73.1% | -0.7% |
| EPS | +19.3% | +71.3% | – |
| Share price | – | +15.9% (2y) | +44.9% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 456 | 734 | 915 | 1,080 |
| Borrowings | – | 128 | 105 | 129 | 156 |
| Cash & equivalents | – | 266 | 530 | 517 | 735 |
| Total assets | – | 1,161 | 1,642 | 2,090 | 2,755 |
| Fixed assets | – | 187 | 197 | 571 | 375 |
| Capital work in progress | – | 13 | 42 | 47 | 22 |
| Investments | – | 0 | 2 | 3 | 3 |
| Receivables | – | 62 | 71 | 88 | 117 |
| Inventory | – | 381 | 490 | 658 | 793 |
| Payables | – | 128 | 124 | 115 | 192 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 43 | 46 | 98 | -4 | 144 |
| Cash from investing | -36 | -267 | 66 | 109 | -420 |
| Cash from financing | 14 | 227 | 17 | -149 | 290 |
| Capex | 27 | 72 | 84 | 140 | 148 |
| Free cash flow | 16 | -26 | 14 | -144 | -4 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 11.7% | 18.7% | 10.3% | 8.2% |
| ROCE % | – | 22.5% | 25.3% | 21.2% | 19.2% |
| Debtor days | – | 20 | 19 | 20 | 20 |
| Inventory days | – | 221 | 225 | 246 | 227 |
| Payable days | – | 74 | 57 | 43 | 55 |
| Cash conversion cycle (days) | – | 167 | 187 | 223 | 192 |
| Working capital days | – | 160 | 222 | 229 | 227 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 48.14% |
| FIIs | 6.70% |
| DIIs | 5.31% |
| of which Mutual funds | 0.00% |
| Government | 0.13% |
| Public (non-institutions) | 39.72% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 50.43% | 50.43% | 50.43% | 50.43% | 50.43% | 50.43% | 50.14% | 48.14% |
| Promoter group | % |
|---|---|
| Yashovardhan Saboo | 14.65% |
| Rajendra Kumar Saboo (RKS JS Family Trust) | 11.32% |
| Anuradha Saboo | 7.00% |
| Pranav Shankar Saboo | 4.22% |
| Rajendra Kumar Saboo (ASP Saboo Family Trust) | 4.11% |
| Swades Capital LLC | 2.64% |
| Usha Devi Saboo (UDS JS Family Trust) | 1.36% |
| Satvika Saboo | 1.35% |
| Saboo Ventures LLP | 0.53% |
| Vardhan Properties and Investment Private Limited | 0.52% |
| Veena Kanoria | 0.21% |
| JAI Vardhan Saboo | 0.21% |
| Dream Digital Technology Private Limited | 0.02% |
| Rajendra Kumar Saboo | 0.01% |
| Tarachand Mahendra Kumar HUF | 0.00% |
| Public holders above 1% | % |
|---|---|
| Asha Mukul Agrawal | 3.44% |
| Clarus Capital I | 2.37% |
| Bharat C Jain | 1.99% |
| Neptune Alpha Fund | 1.56% |
| Siddharth Iyer | 1.44% |
| Alchemy Leaders of Tomorrow | 1.22% |
| Jupiter India Fund | 1.16% |
| Hrishikesh Jagdish Thackersey | 1.05% |
30,497 shareholders. Pledged: 0.00% of promoter shares.
Peers in Gems, Jewellery And Watches
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TITAN | ₹3,83,796 cr | 66.9x | 24.4x | 42.2% | 33.3% | 10.1% | +29.2% | 0.25% |
| KALYANKJIL | ₹52,133 cr | 36.3x | 8.3x | 25.8% | 34.4% | 6.6% | +36.4% | 0.30% |
| LALITHAA | ₹17,374 cr | – | – | – | – | – | – | – |
| PCJEWELLER | ₹16,193 cr | 16.0x | 1.7x | 10.8% | 10.3% | 24.5% | +10.7% | – |
| SKYGOLD | ₹14,535 cr | 43.3x | 12.1x | 35.6% | 26.4% | 7.2% | +76.0% | – |
| THANGAMAYL | ₹14,404 cr | 36.8x | 10.2x | 31.1% | 26.3% | 6.4% | +39.2% | 0.27% |
| BLUESTONE | ₹11,583 cr | 110.7x | 6.3x | 6.0% | 11.9% | 17.0% | – | – |
| PNGJL | ₹7,558 cr | 17.0x | 3.9x | 25.4% | 19.9% | 5.8% | – | – |
| ETHOSLTD | ₹6,486 cr | 62.2x | 4.4x | 8.4% | 12.0% | 12.8% | +26.9% | – |
| KDDL | ₹4,496 cr | 46.3x | 4.2x | 9.7% | 20.9% | 14.3% | +24.4% | 0.55% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Precision and watch components | ₹503 cr | 95.6% | ₹106 cr | 21.0% |
| Others | ₹23 cr | 4.4% | ₹-3 cr | -13.6% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-08 | Dividend | Dividend - Rs 8 Per Share |
| 2025-11-14 | Dividend | Interim Dividend - Rs 15 Per Share |
| 2025-09-08 | Dividend | Dividend - Rs 5 Per Share |
| 2024-08-27 | Buyback | Buy Back |
| 2024-08-27 | Dividend | Dividend - Rs 4 Per Share |
| 2024-01-25 | Dividend | Interim Dividend - Rs 58 Per Share |
| 2023-09-22 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2023-03-21 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2022-09-16 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Share |
| 2021-09-17 | Dividend | Annual General Meeting/Dividend - Rs 1.50 Per Share |
| 2021-03-30 | Rights | Rights 7:75 @ Premium Rs 220/- |
| 2020-09-14 | Other | Annual General Meeting |
| 2020-03-09 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2019-08-30 | Dividend | Annual General Meeting/Dividend - Rs 2.50 Per Share |
| 2018-07-05 | Dividend | Annual General Meeting/Dividend- Rs 2.50 Per Share |
| 2017-08-03 | Dividend | Annual General Meeting/Dividend - Rs 1.50 Per Share |
| 2016-08-03 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Watch Components Group: Watch Dials, watch hands, & watch bracelet
- Precision Engineering: Precision engineering components and press tools
- Packaging Business: Manufacturing Of Packaging Boxes for watches, jewellery, lifestyle & writing instruments
| Sector | Consumer Discretionary |
| Industry | Gems, Jewellery And Watches |
| Sub-industry | Gems, Jewellery And Watches |
| Symbol | KDDL |
| BSE code | 532054 |
| ISIN | INE291D01011 |
| Face value | ₹10.0 |
| Incorporated | 1981-01-08 |
| Website | http://www.kddl.com |
| Plants (India / abroad) | 9 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.