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Kellton Tech Solutions Ltd.

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kellton.comBSE: 519602NSE: KELLTONTEC
Market Cap₹ 737 Cr.
Current Price
High / Low₹ 28 / 13
Stock P/E8.1
Book Value₹ 16
Price to Book1.96
Dividend Yield0.00 %
ROCE17.3 %
ROE16.4 %
Face Value₹ 1

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ABOUT

KEY POINTS

Revenue Breakup Mar 2025 • Digital Transformation: 82.4% • Enterprise Solutions: 13.9% • Consulting: 3.6%

AI Sector View

AI GENERATED

Information Technology

Buy

IT is supported by a still-expanding services backdrop and a weaker rupee. Export of services grew 13.0% YoY (2026-06), services PMI was 54.1 (Aug/26), and the currency at 95.23 (Sep/26) is depreciated versus the previous 95.16, which helps INR translation of export revenues. FPI positioning is only neutral-to-soft with net 3-month flow of INR -5 crore to 2026-08-31, so the positive stance is primarily macro-driven.

Confidence
68%
View full sector analysis →

PROS

  • Strong cash generation - operating cash flow backs reported profits (CFO/PAT 5.10x)
  • Company maintains a comfortable, low leverage position
  • Company converts assets efficiently - asset turnover of 1.5x

CONS

  • Company has a low return on equity of 0.7% over last 3 years
  • Company has a low return on capital employed of 5.0%
  • Company has delivered a poor profit growth of 2.5% over past five years
  • Recurring exceptional / one-off items are inflating headline profit
  • Effective tax rate is unusually low at 13.8% - earnings may be flattered
  • Company has delivered a poor sales growth of 7.3% over past five years

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Information TechnologyITIT - Software
Part ofNIFTY 50NIFTY 500NIFTY LARGEMIDCAP 250NIFTY 100NIFTY 200
S.No.Name
1.TCS2300.9016.72832485.764.7813420.004.6972275.0013.9366.2525.67
2.INFY1130.0015.14458580.274.257775.0012.2948211.0014.0342.8423.66
3.HCLTECH1294.0020.15351148.264.174626.0020.3434579.0013.9431.2019.87
4.WIPRO176.8013.25175109.016.223356.300.5924478.6010.5918.4918.93
5.TECHM1592.0030.38156037.293.201486.3031.6715711.9017.6823.0417.43
6.LTM4550.0025.80134962.701.651468.6017.0611608.0017.9630.2517.75
7.OFSS12067.3530.79105086.263.311415.50120.523125.2068.7345.5060.04
8.PERSISTENT5655.0046.3889207.620.71483.0413.674303.2329.0935.0916.19
9.COFORGE1967.4549.6187153.720.80531.7049.195527.7049.8624.7019.14
10.MPHASIS2425.3524.2346294.462.56489.5110.824384.0517.4623.3118.15
11.LTTS3492.4528.0737047.051.663571.001029.7129401.001014.7327.7018.65
12.KELLTONTEC13.868.06736.530.0022.32-1.47315.626.8217.3110.90
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
249241245248262271279286295300308314316
222214227216230238245257260263269289291
Operating Profit27261832323234293537392525
OPM %11.03%10.97%7.50%12.98%12.20%12.00%12.18%10.22%11.88%12.20%12.61%7.96%7.93%
0001000111161
Interest4455555655666
Depreciation4444444444444
Profit before Tax20191024232425212729302126
Tax %21.17%11.79%14.69%0.66%14.68%16.41%16.59%6.53%15.96%17.19%16.19%6.96%13.12%
Net Profit0000202021192324252022
1.541.780.762.492.050.410.430.382.320.430.480.340.42

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
3596157838147717768439179831,0981,237
3095336656966586687388248789701,112
Operating Profit498211811811210810593104128125
OPM %13.76%13.33%15.11%14.48%14.58%13.90%12.43%10.19%10.63%11.63%10.14%
1435451-182228
Interest910161916131211182022
Depreciation245713131114161715
Profit before Tax39719997878783-1147292106
Tax %20.77%25.46%31.24%20.98%19.00%17.99%15.59%-10.97%10.98%13.81%13.90%
Net Profit31536877717170-127648091
EPS0.000.000.000.000.007.337.39-13.536.578.18—
Dividend Payout %0.00%0.00%0.00%0.00%0.00%3.39%0.00%0.00%0.00%0.00%—

COMPOUNDED SALES GROWTH

10 Years:
—
5 Years:
7%
3 Years:
9%

COMPOUNDED PROFIT GROWTH

10 Years:
—
5 Years:
2%
3 Years:
4%

STOCK PRICE CAGR

10 Years:
1%
5 Years:
8%
3 Years:
-8%
1 Year:
-45%

RETURN ON EQUITY

10 Years:
18%
5 Years:
7%
3 Years:
1%
Last Year:
16%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2018

Mar 27

1:1

Bonus issue Kellton Tech Solutions Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled to be held on February 06, 2018, inter alia: 1. To consider, approve and take on record the unaudited Financial Results of the company for the Quarter ended December 31, 2017 and 2. To consider and approve Issue of bonus shares subject to the approval of the members. & Quarterly Results

Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Equity Capital23244848484848484949
102153210279366370429323392484
83163160127153107123148138163
Trade Payables18214736391615201822
83911151081129157576371
Total Liabilities309450581599718632672596660789
118222228220278206199646963
Capital Work in Progress110000001832
3223000006
00000000269326
Cash & Bank8162126303925302828
179209330351411387448503276334
Total Assets309450581599718632672596660789

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
19516887701012845566
Cash from Investing-29-46-40-39-3932-4-72-40-25
Cash from Financing712-10-15-13-102-1153-1919
-984549-145-2-0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
PER SHARE
EPS (₹)6.6111.267.107.987.327.387.30-13.146.578.18
Book Value (₹)26.8337.3526.8233.9642.9643.3849.4338.4345.2854.63
Dividend per Share (₹)0.000.000.000.000.000.250.000.000.000.00
Cash EPS (₹)0.711.221.531.731.731.741.69-2.331.641.98
PROFITABILITY
Operating Margin %14.04%13.94%15.46%15.10%15.09%14.50%12.57%10.43%10.63%11.63%
Net Margin %8.64%8.63%8.73%9.45%9.15%9.17%8.36%-13.82%6.51%7.26%
ROE %32.46%35.17%31.48%26.27%19.03%17.09%15.74%-29.91%15.77%16.38%
ROCE %25.71%31.98%34.49%28.14%21.02%18.89%17.04%-18.43%16.22%17.31%
11.35%13.97%13.26%13.04%10.71%10.53%10.81%-19.99%10.19%11.00%
EFFICIENCY
Debtor Days101807882919693959899
Inventory Days2211100002
Payable Days215867673507046066922321000
-2055-6685-271-620-514-595-22289598101
FINANCIAL HEALTH
Debt to Equity (x)0.69x0.68x0.44x0.38x0.28x0.24x0.24x0.40x0.33x0.33x
Interest Coverage (x)5.46x7.92x7.11x6.16x6.30x7.75x8.22x-8.99x4.92x5.56x
1.33x1.38x1.52x1.72x1.98x2.51x2.96x3.15x3.36x3.66x
GROWTH
Revenue Growth %50.77%71.40%27.44%3.91%-5.34%0.64%8.64%8.86%7.15%11.69%
Operating Profit Growth %46.84%70.21%41.33%1.48%-5.37%-3.30%-5.82%-9.66%11.05%22.05%
Net Profit Growth %40.31%71.32%28.89%12.50%-8.33%0.84%-0.95%-280.01%150.48%24.55%
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%150.03%24.40%
VALUATION
P/E (x)0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x2.96x2.61x
P/B (x)0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x2.15x1.96x
Dividend Yield %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x10.05x9.18x

Shareholding Pattern

Numbers in percentages

Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
51.6740.8240.8240.8240.7838.7037.6737.67
0.461.321.431.071.270.961.211.04
DIIs0.000.000.000.000.000.000.000.00
Government0.000.000.000.000.000.000.000.00
Public47.8657.8557.7458.1157.9560.3461.1161.29

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-05
Outcome of Board Meeting

2026-09-05 - Kellton Tech Solutions Limited has informed the Exchange regarding Outcome of Board Meeting held on September 05, 2026.

2026-08-24
Press Release

2026-08-24 - Kellton Tech Solutions Limited has informed the Exchange regarding a press release dated August 24, 2026, titled "Kellton Selected to Build AI-Driven Enterprise Claims Management Platform for Leading U.S. Healthcare Company".

2026-08-18
Press Release

2026-08-18 - Kellton Tech Solutions Limited has informed the Exchange regarding a press release dated August 18, 2026, titled "Asian Development Bank Recognises Kellton with Excellence Award for Technology Partnership".

2026-08-06
General Updates

2026-08-06 - Kellton Tech Solutions Limited has informed the Exchange about Newspaper Publication

2026-07-27
Analysts/Institutional Investor Meet/Con. Call Updates

2026-07-27 - Kellton Tech Solutions Limited has informed the Exchange about Transcript

2026-07-27
General Updates

2026-07-27 - Kellton Tech Solutions Limited has informed the Exchange about Newspaper Publication

2026-07-25
Analysts/Institutional Investor Meet/Con. Call Updates

2026-07-25 - Kellton Tech Solutions Limited has informed the Exchange about Link of Recording

2026-07-23
Investor Presentation

2026-07-23 - Kellton Tech Solutions Limited has informed the Exchange about Investor Presentation

2026-07-23
Press Release

2026-07-23 - Kellton Tech Solutions Limited has informed the Exchange regarding a press release dated July 23, 2026, titled "Press Release on Financial Results for Quarter Ended June 30, 2026".

News

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