Kothari Products Ltd
NSE: KOTHARIPRO · Trading & Distributors · sector
₹57.44NSE close 2026-10-26
Key numbers
Market cap₹343 cr
Price₹57.44
52w high / low₹95 / ₹57
P/E16.8xSector median 13.7x
P/B0.3xSector median 1.0x
Book value₹194.0
Dividend yield–Sector median 0.89%
ROE1.8%Sector median 2.2%
ROCE-0.1%Sector median 2.5%
OPM-4.6%Sector median 1.1%
Debt / equity0.09xSector median 0.08x
EV/EBITDA–Sector median 20.9x
Interest cover-0.2x
Current ratio3.85x
Sales growth 3y-10.0%Sector median +13.7%
Profit growth 3y+81.2%Sector median +20.7%
PEG0.20x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 157 companies in Trading & Distributors (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹108 cr vs borrowings ₹99 cr (FY26): cash is higher (net cash).
- Operating profit covered interest -0.2x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY26).
- Net loss in 2 of the last 8 quarters.
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 240% of net profit in the last 12 months.
- Debtor days went from 252 (FY24) to 162 (FY26).
- No dividend in the last 5 financial years.
- Price ₹57.44 on 2026-10-26: -39.3% from the 52-week high, 0.0% 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 ₹195.80 · low ₹57.44
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 266 | 221 | 223 | 248 | 283 | 162 | 317 | 270 |
| EBITDA | -128 | -6 | 2 | 1 | -19 | 1 | -17 | -13 |
| OPM % | -48.3% | -2.8% | 0.8% | 0.3% | -6.7% | 0.6% | -5.3% | -4.8% |
| Other income | 6 | 24 | 15 | 26 | 13 | 16 | 0 | 20 |
| Net profit | -120 | 11 | 9 | 18 | 5 | 10 | -2 | 8 |
| EPS (₹) | -20.13 | 1.77 | 1.52 | 3.03 | 0.81 | 1.67 | -0.33 | 1.26 |
| Revenue YoY | +6.4% | -26.9% | +42.1% | +8.6% | ||||
| Profit YoY | – | -6.4% | -121.5% | -58.5% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 3,397 | 1,387 | 992 | 958 | 1,010 | 1,031 |
| EBITDA | 7 | -21 | -3 | -132 | -34 | -48 |
| Net profit | 15 | 5 | 32 | -95 | 31 | 20 |
| EPS (₹) | 2.46 | 0.87 | 5.45 | -15.95 | 5.17 | 3.41 |
| Revenue growth | -59.2% | -28.5% | -3.5% | +5.4% | +7.6% | |
| Profit growth | -64.6% | +526.0% | -393.0% | – | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -10.0% | -20.2% | +7.6% |
| Net profit | +81.1% | – | – |
| EPS | +81.1% | – | – |
| Share price | – | -10.2% (2y) | -36.2% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,154 | 1,196 | 1,096 | 1,158 |
| Borrowings | – | 275 | 82 | 264 | 99 |
| Cash & equivalents | – | 53 | 42 | 216 | 108 |
| Total assets | – | 1,479 | 1,333 | 1,497 | 1,333 |
| Fixed assets | – | 25 | 9 | 20 | 16 |
| Capital work in progress | – | 0 | 15 | 0 | 1 |
| Investments | – | 227 | 316 | 308 | 475 |
| Receivables | – | 817 | 686 | 452 | 448 |
| Inventory | – | 8 | 6 | 72 | 3 |
| Payables | – | 40 | 45 | 70 | 69 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 670 | 241 | 162 | 100 | -63 |
| Cash from investing | 13 | -168 | 35 | -127 | 25 |
| Cash from financing | -714 | -81 | -198 | 51 | -21 |
| Capex | 2 | 3 | 2 | 2 | 7 |
| Free cash flow | 668 | 238 | 159 | 98 | -70 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 0.4% | 2.7% | -8.7% | 2.7% |
| ROCE % | – | 1.4% | 2.1% | -6.1% | 1.5% |
| Debtor days | – | 215 | 252 | 172 | 162 |
| Inventory days | – | 2 | 2 | 28 | 1 |
| Payable days | – | 11 | 17 | 27 | 26 |
| Cash conversion cycle (days) | – | 206 | 237 | 173 | 137 |
| Working capital days | – | 237 | 300 | 274 | 173 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 74.99% |
| Public (non-institutions) | 25.01% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% |
| Promoter group | % |
|---|---|
| Deepak Kothari | 59.27% |
| Mitesh Kothari - HUF | 6.13% |
| Arti Kothari | 5.99% |
| Mitesh Kothari | 3.38% |
| Urvi Kothari | 0.18% |
| Sadhna Kothari | 0.02% |
| Chirag Dilip Shah | 0.02% |
| Public holders above 1% | % |
|---|---|
| Magnus Properties Private Limited | 5.66% |
| Khattri Perfumers P Ltd | 4.17% |
| K Raheja Corp PVT Ltd | 1.55% |
| Uflex Ltd. | 1.15% |
11,971 shareholders. Pledged: 0.00% of promoter shares.
Peers in Trading & Distributors
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| REDINGTON | ₹28,671 cr | 16.9x | 2.8x | 18.0% | 18.4% | 1.9% | +14.5% | 1.85% |
| MMTC | ₹7,599 cr | 17.0x | 3.6x | 23.4% | 25.6% | 10,805.5% | -90.1% | – |
| MSTCLTD | ₹4,097 cr | 17.5x | 4.5x | 28.5% | 30.1% | 61.1% | -20.0% | 1.30% |
| CNL | ₹1,607 cr | 24.7x | 4.4x | 22.4% | 16.3% | 3.6% | +25.2% | 0.05% |
| BNAGROCHEM | ₹1,267 cr | 45.5x | 2.7x | 4.0% | 0.7% | -0.5% | – | – |
| YSL | ₹757 cr | 8.3x | 0.6x | 7.1% | 0.3% | 2.1% | +0.3% | 2.03% |
| SHIVAUM | ₹738 cr | 64.9x | 6.1x | 10.2% | 11.3% | 3.1% | – | – |
| STCINDIA | ₹594 cr | 0.9x | 1.0x | 228.5% | 108.2% | – | – | – |
| PERVASIVE | ₹587 cr | 0.1x | 6.5x | -0.2% | -0.1% | -0.9% | – | – |
| KOTHARIPRO | ₹343 cr | 16.8x | 0.3x | 1.8% | -0.1% | -4.6% | -10.0% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Trading Items | ₹1,026 cr | 96.4% | ₹-16 cr | -1.5% |
| Real Estate Etc. | ₹39 cr | 3.6% | ₹64 cr | 165.9% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2025-02-18 | Bonus | Bonus 1:1 |
| 2024-09-06 | Other | Annual General Meeting |
| 2023-09-15 | Other | Annual General Meeting |
| 2022-09-21 | Other | Annual General Meeting |
| 2021-09-21 | Other | Annual General Meeting |
| 2020-09-21 | Other | Annual General Meeting |
| 2019-09-12 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2018-09-14 | Dividend | Annual General Meeting/Dividend- Rs 1.50 Per Share |
| 2017-09-13 | Dividend | Annual General Meeting/Dividend - Rs 3/- Per Share |
| 2016-09-14 | Other | Annual General Meeting |
| 2016-03-17 | Dividend | Interim Dividend - Rs 3/- Per Share |
| 2016-01-05 | Bonus | Bonus 1:2 |
| 2015-09-15 | Dividend | Annual General Meeting/ Dividend - Rs 6.50/- Per Share |
| 2014-09-10 | Dividend | Annual General Meeting / Dividend - Rs 6/- Per Share |
| 2014-03-28 | Bonus | Bonus 2 : 1 |
| 2013-09-04 | Dividend | Annual General Meeting / Dividend - Rs 20/- Per Share |
| 2012-09-12 | Dividend | Annual General Meeting/Dividend Rs 15 Per Share |
| 2011-09-14 | Dividend | Annual General Meeting And Dividend Rs.22/- Per Share |
| 2010-09-09 | Dividend | Annual General Meeting And Dividend Rs.20/- Per Share |
| 2009-09-15 | Other | Agm/Div-Rs.10/- 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 | Services |
| Industry | Trading & Distributors |
| Sub-industry | Trading & Distributors |
| Symbol | KOTHARIPRO |
| BSE code | 530299 |
| ISIN | INE823A01017 |
| 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.