Khadim India Limited
NSE: KHADIM · Footwear · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 10 companies in Footwear (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹10 cr vs borrowings ₹122 cr (FY26): borrowings are higher by ₹111 cr.
- Operating profit covered interest 1.2x in the last 12 months.
- Operating cash flow was below net profit in 0 of the last 5 years.
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 0 of the last 4 quarters.
- Other income was 508% of net profit in the last 12 months.
- Debtor days went from 110 (FY24) to 185 (FY26).
- No dividend in the last 5 financial years.
- Price ₹120.19 on 2026-10-26: -53.2% from the 52-week high, +55.1% 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 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 161 | 160 | 94 | 96 | 102 | 86 | 84 | 78 |
| EBITDA | 19 | 15 | 16 | 12 | 14 | 9 | 12 | 8 |
| OPM % | 12.0% | 9.2% | 17.0% | 12.9% | 13.6% | 10.7% | 14.2% | 10.1% |
| Other income | 2 | 4 | 3 | 3 | 2 | 4 | 3 | 6 |
| Net profit | 2 | 1 | 1 | 1 | 2 | -0 | 1 | 1 |
| EPS (₹) | 1.27 | 0.63 | 0.50 | 0.46 | 0.91 | -0.09 | 0.41 | 0.28 |
| Revenue YoY | -36.7% | -46.2% | -10.9% | -18.7% | ||||
| Profit YoY | -28.3% | -115.5% | -18.5% | -38.8% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 591 | 660 | 615 | 418 | 367 | 349 |
| EBITDA | 48 | 72 | 71 | 65 | 47 | 43 |
| Net profit | 6 | 17 | 6 | 5 | 3 | 3 |
| EPS (₹) | 3.58 | 9.73 | 3.49 | 2.76 | 1.69 | 1.51 |
| Revenue growth | +11.7% | -6.9% | -32.0% | -12.2% | -31.6% | |
| Profit growth | +171.4% | -64.1% | -19.4% | -38.7% | -47.4% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -17.8% | -10.1% | -31.6% |
| Net profit | -43.8% | – | -47.3% |
| EPS | -44.2% | – | – |
| Share price | – | -43.9% (2y) | -51.9% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 225 | 240 | 251 | 167 |
| Borrowings | – | 119 | 122 | 114 | 122 |
| Cash & equivalents | – | 14 | 17 | 13 | 10 |
| Total assets | – | 735 | 732 | 761 | 546 |
| Fixed assets | – | 83 | 77 | 77 | 49 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 188 | 185 | 221 | 186 |
| Inventory | – | 180 | 194 | 217 | 129 |
| Payables | – | 181 | 156 | 197 | 113 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 31 | 39 | 51 | 67 | 26 |
| Cash from investing | -14 | 20 | -10 | -9 | -9 |
| Cash from financing | -42 | -63 | -51 | -42 | -29 |
| Capex | 8 | 15 | 10 | 12 | 10 |
| Free cash flow | 22 | 24 | 41 | 55 | 16 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 7.8% | 2.6% | 2.0% | 1.9% |
| ROCE % | – | 15.0% | 10.9% | 12.8% | 10.8% |
| Debtor days | – | 104 | 110 | 193 | 185 |
| Inventory days | – | 172 | 210 | 415 | 251 |
| Payable days | – | 172 | 169 | 377 | 220 |
| Cash conversion cycle (days) | – | 104 | 151 | 231 | 216 |
| Working capital days | – | 65 | 81 | 132 | 101 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 59.89% |
| FIIs | 0.03% |
| DIIs | 0.41% |
| Public (non-institutions) | 39.67% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 59.83% | 59.83% | 59.85% | 59.85% | 59.85% | 59.87% | 59.89% | 59.89% |
| Promoter group | % |
|---|---|
| Khadim Development Company Private Limited | 50.46% |
| Siddhartha Royburman | 8.89% |
| Tanusree Royburman | 0.48% |
| Rittick Roy Burman | 0.05% |
| Ritoban Roy Burman | 0.02% |
| Rilina Mitra | 0.00% |
| Timir Baran Dutta | 0.00% |
| Jayasri Maity Burman | 0.00% |
| Manjusree Pandey | 0.00% |
| Siddhartha Roy Burman Family | 0.00% |
| Sheila Departmental Stores Private Limited | 0.00% |
| K M Khadim & Company | 0.00% |
| Bee Tee Enterprise | 0.00% |
| St Marys Clinic & Drug Stores | 0.00% |
| Khadim Enterprises | 0.00% |
| Public holders above 1% | % |
|---|---|
| Pankaj Prasoon | 5.39% |
| Prateek Dinesh Agrawal | 1.34% |
| Girish Gulati (HUF) . | 1.34% |
32,665 shareholders. Pledged: – of promoter shares.
Peers in Footwear
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| METROBRAND | ₹21,951 cr | 52.9x | 10.5x | 39.3% | 32.3% | 30.1% | +10.4% | 0.68% |
| BATAINDIA | ₹8,025 cr | 54.9x | 5.0x | 9.2% | 20.7% | 18.8% | +0.6% | 1.44% |
| RELAXO | ₹7,024 cr | 37.9x | 3.2x | 8.6% | 12.4% | 13.9% | -1.0% | 1.06% |
| REDTAPE | ₹5,740 cr | 23.3x | 5.6x | 27.6% | 28.6% | 18.0% | – | 0.24% |
| CAMPUS | ₹5,739 cr | 37.3x | 6.3x | 18.5% | 24.5% | 16.4% | +6.1% | 0.16% |
| SREEL | ₹613 cr | 18.7x | 1.2x | 6.8% | 8.8% | 14.8% | +7.6% | 0.33% |
| LIBERTSHOE | ₹320 cr | 37.3x | 1.4x | 3.8% | 8.9% | 8.4% | +4.2% | – |
| LEHAR | ₹300 cr | 18.1x | 2.3x | 13.5% | 14.8% | 9.2% | +28.7% | 0.29% |
| KHADIM | ₹221 cr | 79.6x | 1.3x | 1.3% | 10.5% | 12.2% | -17.8% | – |
| KSR | ₹60 cr | – | 0.8x | -10.1% | -8.6% | -2.0% | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2025-06-06 | Restructuring | Demerger |
| 2024-09-17 | Other | Annual General Meeting |
| 2023-09-14 | Other | Annual General Meeting |
| 2022-09-15 | Other | Annual General Meeting |
| 2021-09-20 | Other | Annual General Meeting |
| 2020-09-15 | Other | Annual General Meeting |
| 2019-07-31 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2018-08-29 | Dividend | Annual General Meeting/Dividend- Re 1 Per Share |
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 | Footwear |
| Sub-industry | Footwear |
| Symbol | KHADIM |
| BSE code | 540775 |
| ISIN | INE834I01025 |
| 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.