Keerthi Industries Ltd.
BSE: KEERTHI · Cement & Cement Products · sector
Key numbers
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 38 companies in Cement & Cement Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹1 cr vs borrowings ₹23 cr (FY26): borrowings are higher by ₹22 cr.
- Operating profit covered interest -5.2x in the last 12 months.
- Net loss in 6 of the last 6 quarters.
- Dividend paid in 2 of the last 5 financial years.
- Price ₹39.50 on 2026-10-26: -47.3% from the 52-week high, +14.5% 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
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 23 | 35 | 22 | 16 | 25 | 19 |
| EBITDA | -2 | 1 | -4 | -4 | -3 | -5 |
| OPM % | -9.9% | 2.0% | -15.6% | -27.3% | -11.9% | -24.8% |
| Other income | 2 | 1 | 0 | 1 | 0 | 0 |
| Net profit | -4 | -2 | -5 | -6 | -2 | -7 |
| EPS (₹) | 5.10 | 2.98 | 6.78 | 7.11 | 2.19 | 8.91 |
| Revenue YoY | +7.6% | -45.9% | ||||
| Profit YoY | – | – |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 250 | 241 | 212 | 120 | 94 | 82 |
| EBITDA | 31 | -1 | -4 | -18 | -11 | -16 |
| Net profit | 16 | -7 | -16 | -23 | -15 | -20 |
| EPS (₹) | 19.55 | -9.21 | -19.57 | 28.54 | 19.07 | 24.99 |
| Revenue growth | -3.8% | -11.8% | -43.6% | -21.8% | – | |
| Profit growth | -146.3% | – | – | – | – | |
| Dividend / share (₹) | 1.50 | 1.50 | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -27.0% | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -38.6% (2y) | -44.8% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 41 | 26 |
| Borrowings | 58 | 23 |
| Cash & equivalents | 5 | 1 |
| Total assets | 169 | 126 |
| Fixed assets | 101 | 82 |
| Capital work in progress | 0 | 0 |
| Investments | 0 | 0 |
| Receivables | 5 | 0 |
| Inventory | 23 | 11 |
| Payables | 48 | 45 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 5 | 1 |
| Cash from investing | 3 | 34 |
| Cash from financing | -8 | -35 |
| Capex | 3 | 5 |
| Free cash flow | 2 | -4 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | -55.9% | -59.6% |
| ROCE % | -27.7% | -38.2% |
| Debtor days | 14 | 0 |
| Inventory days | 382 | 217 |
| Payable days | 792 | 896 |
| Cash conversion cycle (days) | -396 | -679 |
| Working capital days | -139 | -185 |
Peers in Cement & Cement Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| ULTRACEMCO | ₹3,29,452 cr | 37.4x | 4.5x | 12.1% | 13.5% | 19.0% | +11.9% | 0.69% |
| GRASIM | ₹2,00,762 cr | 35.1x | 1.9x | 5.7% | 5.9% | 14.2% | +14.2% | 0.83% |
| AMBUJACEM | ₹91,448 cr | 20.8x | 1.5x | 7.8% | 4.8% | 14.6% | +1.4% | 0.62% |
| SHREECEM | ₹84,932 cr | 52.1x | 3.6x | 7.3% | 9.6% | 20.9% | +5.5% | 0.60% |
| JKCEMENT | ₹38,133 cr | 40.3x | 5.4x | 14.4% | 13.7% | 15.9% | +12.2% | 0.30% |
| DALBHARAT | ₹30,890 cr | 32.6x | 1.7x | 2.3% | 6.9% | 18.5% | +3.0% | 0.55% |
| ACC | ₹21,934 cr | 11.5x | 1.1x | 9.8% | 9.2% | 10.4% | +5.3% | 0.64% |
| RAMCOCEM | ₹17,620 cr | 27.3x | 2.2x | 8.3% | 10.1% | 20.7% | +3.4% | 0.27% |
| JSWCEMENT | ₹15,880 cr | 20.5x | 2.4x | 11.6% | 9.8% | 17.2% | – | – |
| KEERTHI | ₹32 cr | 1.6x | 1.2x | -60.4% | -46.1% | -18.9% | -27.0% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2022-09-15 | Dividend | Final Dividend Rs 1.5 |
| 2021-09-14 | Dividend | Final Dividend Rs 1.5 |
| 2020-09-16 | Dividend | Dividend Rs 0.9 |
| 2019-07-29 | Dividend | Final Dividend Rs 0.9 |
| 2018-09-19 | Dividend | Final Dividend Rs 0.9 |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Commodities |
| Industry | Cement & Cement Products |
| Sub-industry | Cement & Cement Products |
| Symbol | KEERTHI |
| BSE code | 518011 |
| ISIN | INE145L01012 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-24 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.