Kothari Industrial Corp L
NSE: KOTIC · Leather And Leather Products · sector
₹114.43NSE close 2026-10-26
Key numbers
Market cap₹1,236 cr
Price₹114.43
52w high / low₹224 / ₹114
P/E14.4xSector median 18.6x
P/B5.3xSector median 1.3x
Book value₹21.4
Dividend yield–Sector median 0.57%
ROE-41.8%Sector median 1.9%
ROCE-8.3%Sector median 4.9%
OPM-7.1%Sector median 6.0%
Debt / equity0.25xSector median 0.25x
EV/EBITDA–Sector median 13.9x
Interest cover-3.0x
Current ratio1.73x
Sales growth 3y+165.0%Sector median +2.3%
Profit growth 3y–Sector median -4.8%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 12 companies in Leather And Leather Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹33 cr vs borrowings ₹58 cr (FY26): borrowings are higher by ₹25 cr.
- Operating profit covered interest -3.0x in the last 12 months.
- Net loss in 6 of the last 6 quarters.
- No dividend in the last 5 financial years.
- Price ₹114.43 on 2026-10-26: -48.8% 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 ₹591.35 · low ₹25.03
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 26 | 39 | 50 | 51 | 45 | 52 |
| EBITDA | -14 | -0 | -4 | 6 | -6 | -10 |
| OPM % | -53.3% | -1.2% | -9.0% | 12.5% | -13.9% | -18.5% |
| Other income | 0 | 0 | 0 | 0 | 1 | -0 |
| Net profit | -13 | -2 | -7 | -19 | -32 | -29 |
| EPS (₹) | 1.44 | 0.20 | 0.61 | 1.72 | 2.96 | 2.68 |
| Revenue YoY | +68.5% | +33.8% | ||||
| Profit YoY | – | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 9 | 10 | 14 | 87 | 178 | 197 |
| EBITDA | -2 | -9 | -20 | -14 | -19 | -14 |
| Net profit | -11 | -20 | 32 | -16 | -72 | -86 |
| EPS (₹) | -5.75 | -10.34 | 26.27 | 1.78 | 6.68 | 7.97 |
| Revenue growth | +1.3% | +42.4% | +535.2% | +105.8% | – | |
| Profit growth | – | – | -151.0% | – | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +165.0% | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | – |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 181 | 231 |
| Borrowings | 4 | 58 |
| Cash & equivalents | 22 | 33 |
| Total assets | 190 | 311 |
| Fixed assets | 36 | 54 |
| Capital work in progress | 0 | 0 |
| Investments | 0 | 98 |
| Receivables | 4 | 34 |
| Inventory | 8 | 17 |
| Payables | 0 | 10 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | -124 | 145 |
| Cash from investing | -9 | -156 |
| Cash from financing | 154 | -0 |
| Capex | 10 | 0 |
| Free cash flow | -133 | 145 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | -9.0% | -31.2% |
| ROCE % | -7.7% | -9.5% |
| Debtor days | 16 | 70 |
| Inventory days | 41 | 52 |
| Payable days | 1 | 31 |
| Cash conversion cycle (days) | 56 | 91 |
| Working capital days | 567 | 103 |
Peers in Leather And Leather Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| MAYURUNIQ | ₹3,101 cr | 15.0x | 2.7x | 19.8% | 24.5% | 24.6% | +7.6% | 0.70% |
| BIL | ₹1,369 cr | 52.9x | 2.8x | 5.5% | 10.6% | 8.9% | +19.4% | – |
| KOTIC | ₹1,236 cr | 14.4x | 5.3x | -41.8% | -8.3% | -7.1% | +165.0% | – |
| MIRZAINT | ₹359 cr | – | 0.6x | -4.0% | -3.4% | 1.5% | -6.9% | 0.02% |
| SUPERHOUSE | ₹156 cr | 19.5x | 0.3x | 1.7% | 4.8% | 6.6% | -4.0% | 0.57% |
| ARITAS | ₹99 cr | 4.2x | 1.8x | 8.7% | 9.7% | 9.0% | – | – |
| ZENITHEXPO | ₹97 cr | 331.3x | 1.1x | 0.3% | 1.3% | -4.2% | +1.3% | – |
| ANKIN | ₹90 cr | 130.2x | 3.4x | -1.9% | 0.4% | 6.0% | – | – |
| SUPTANERY | ₹79 cr | 11.0x | 0.7x | 6.4% | 7.8% | 8.5% | +3.2% | – |
| AKI | ₹56 cr | 18.6x | 0.6x | 3.6% | 4.9% | -2.3% | – | – |
Business segments (2026-06-30)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Footwear | ₹35 cr | 65.9% | ₹-6 cr | -16.1% |
| Fertiliser | ₹7 cr | 13.4% | ₹-0 cr | -5.5% |
| Hotel | ₹5 cr | 9.2% | ₹-1 cr | -19.4% |
| Logistics | ₹5 cr | 8.7% | ₹-1 cr | -17.9% |
| Drone | ₹1 cr | 1.3% | ₹0 cr | 8.0% |
| Others (unallocated) | ₹1 cr | 1.1% | ₹-8 cr | -1,345.4% |
| FMCG | ₹0 cr | 0.4% | ₹-1 cr | -374.2% |
| Digital Media | ₹0 cr | 0.0% | ₹-0 cr | -1,512.6% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2001-09-03 | Dividend | NIL Dividend |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Leather And Leather Products |
| Sub-industry | Leather And Leather Products |
| Symbol | KOTIC |
| BSE code | 509732 |
| ISIN | INE972A01020 |
| Face value | ₹5.0 |
| 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 = NSE close 2026-10-26.