Keltech Energies Ltd.
BSE: KELENRG · Explosives · sector
₹12,631.65BSE close 2026-10-26
Key numbers
Market cap₹1,263 cr
Price₹12,631.65
52w high / low₹14,800 / ₹2,900
P/E44.3xSector median 66.9x
P/B8.3xSector median 8.3x
Book value₹1,529.6
Dividend yield–Sector median 0.08%
ROE20.6%Sector median 12.5%
ROCE19.6%Sector median 15.2%
OPM7.9%Sector median 7.9%
Debt / equity0.47xSector median 0.17x
EV/EBITDA28.7xSector median 51.7x
Interest cover9.1x
Current ratio1.12x
Sales growth 3y-1.9%Sector median +5.3%
Profit growth 3y+34.0%Sector median +34.0%
PEG1.31x
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 5 companies in Explosives (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹33 cr vs borrowings ₹72 cr (FY26): borrowings are higher by ₹39 cr.
- Operating profit covered interest 9.1x in the last 12 months.
- Other income was 24% of net profit in the last 12 months.
- Dividend paid in 4 of the last 5 financial years.
- Price ₹12,631.65 on 2026-10-26: -14.7% from the 52-week high, +335.6% 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 ₹14,445.20 · low ₹2,581.15
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 140 | 143 | 117 | 128 | 143 | 183 |
| EBITDA | 10 | 12 | 8 | 9 | 14 | 14 |
| OPM % | 7.2% | 8.5% | 7.0% | 7.4% | 9.7% | 7.5% |
| Other income | 2 | 2 | 3 | 1 | 1 | 1 |
| Net profit | 7 | 8 | 6 | 6 | 8 | 8 |
| EPS (₹) | 68.82 | 164.18 | 61.98 | 58.14 | 84.44 | 80.80 |
| Revenue YoY | +2.3% | +28.1% | ||||
| Profit YoY | +22.7% | -1.6% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 355 | 563 | 449 | 488 | 532 | 572 |
| EBITDA | 16 | 26 | 32 | 36 | 44 | 45 |
| Net profit | 7 | 12 | 19 | 25 | 29 | 29 |
| EPS (₹) | 66.30 | 119.21 | 194.13 | 249.41 | 286.65 | 285.36 |
| Revenue growth | +58.4% | -20.2% | +8.6% | +9.1% | – | |
| Profit growth | +79.8% | +62.8% | +28.5% | +14.9% | – | |
| Dividend / share (₹) | – | 1.50 | 1.50 | 1.50 | 1.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -1.9% | – | – |
| Net profit | +34.0% | – | – |
| EPS | +34.0% | – | – |
| Share price | – | +79.4% (2y) | +210.6% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 125 | 153 |
| Borrowings | 38 | 72 |
| Cash & equivalents | 48 | 33 |
| Total assets | 287 | 355 |
| Fixed assets | 68 | 117 |
| Capital work in progress | 9 | 38 |
| Investments | 0 | 0 |
| Receivables | 57 | 62 |
| Inventory | 42 | 49 |
| Payables | 91 | 76 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | -18 | 48 |
| Cash from investing | -10 | -84 |
| Cash from financing | 10 | 39 |
| Capex | 12 | 86 |
| Free cash flow | -30 | -38 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 20.0% | 18.7% |
| ROCE % | 22.9% | 19.2% |
| Debtor days | 42 | 42 |
| Inventory days | 45 | 49 |
| Payable days | 98 | 75 |
| Cash conversion cycle (days) | -11 | 16 |
| Working capital days | 25 | 12 |
Peers in Explosives
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SOLARINDS | ₹1,69,081 cr | 84.9x | 26.9x | 37.4% | 37.9% | 27.3% | +12.4% | 0.07% |
| PREMEXPLN | ₹3,400 cr | 101.3x | 11.8x | 12.5% | 15.2% | 6.4% | +24.3% | 0.08% |
| GOCLCORP | ₹1,565 cr | 4.3x | 0.5x | 12.5% | 12.0% | -239.6% | -78.0% | 3.17% |
| KELENRG | ₹1,263 cr | 44.3x | 8.3x | 20.6% | 19.6% | 7.9% | -1.9% | – |
| BEEZAASAN | ₹1,026 cr | 66.9x | 7.3x | 11.8% | 13.7% | 9.8% | – | – |
Business segments (2026-06-30)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Explosives | ₹164 cr | 92.2% | ₹10 cr | 6.2% |
| Perlite | ₹14 cr | 7.8% | ₹0 cr | 1.3% |
| Other Operating Revenue (Un-allocable) | ₹0 cr | – | ₹0 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-31 | Dividend | Final Dividend Rs 1.5 |
| 2025-08-04 | Dividend | Final Dividend Rs 1.5 |
| 2024-08-02 | Dividend | Final Dividend Rs 1.5 |
| 2023-08-03 | Dividend | Final Dividend Rs 1.5 |
| 2022-09-15 | Dividend | Dividend Rs 1.5 |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Commodities |
| Industry | Explosives |
| Sub-industry | Explosives |
| Symbol | KELENRG |
| BSE code | 506528 |
| ISIN | INE881E01017 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.