Kusumgar Ltd.
•₹ 581.951.65%
2026-08-21
PROS
- Company has a healthy return on capital (ROCE) of 33.0%
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.8%
- Operating margins have improved to 25.2% from 21.8%
- Company maintains a comfortable, low leverage position
CONS
- Receivables are growing faster than sales - a possible quality concern
- Equity base is being diluted - shares outstanding up 410.0%
- Working capital days have increased from 25 to 134 days
- Free cash flow has been persistently negative
- Debtor days have increased from 23 to 74
- Though reporting repeated profits, the company pays out little dividend (0.0%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | PAGEIND | 35400.00 | 0.00 | 39484.71 | 1.55 | 192.81 | -3.98 | 1420.45 | 7.89 | 73.60 | 20.35 |
| 2. | KPRMILL | 1122.45 | 42.05 | 38366.91 | 0.45 | 258.54 | 21.55 | 1935.52 | 14.77 | 20.16 | 19.37 |
| 3. | VTL | 594.75 | 20.30 | 17216.57 | 0.84 | 314.56 | 51.46 | 2703.08 | 13.31 | 11.31 | 18.11 |
| 4. | WELSPUNLIV | 181.25 | 61.68 | 17123.64 | 0.06 | 162.61 | 82.09 | 2795.45 | 23.66 | 15.04 | 11.53 |
| 5. | ARVIND | 518.15 | 34.04 | 14095.79 | 0.87 | 57.77 | 5.61 | 2500.96 | 24.65 | 13.98 | 9.64 |
| 6. | MANYAVAR | 542.75 | 32.73 | 13187.64 | 1.43 | 66.90 | 37.31 | 267.95 | 22.74 | 33.92 | 45.53 |
| 7. | PGIL | 2410.95 | 35.88 | 11136.31 | 0.60 | 99.23 | 51.37 | 1528.26 | 24.46 | 22.42 | 10.72 |
| 8. | SWANCORP | 302.25 | 42.38 | 9474.23 | 0.05 | -35.99 | -233.33 | 1013.75 | -16.44 | 4.50 | -0.38 |
| 9. | ICIL | 444.15 | 58.30 | 8796.58 | 0.34 | 63.22 | 67.28 | 1206.96 | 25.89 | 8.73 | 11.88 |
| 10. | GARFIBRES | 759.85 | 35.32 | 7419.81 | 1.18 | 64.60 | 21.56 | 482.37 | 31.35 | 20.98 | 18.70 |
| 11. | KUSUMGAR | 565.70 | 60.48 | 5939.36 | 0.00 | 426.47 | — | 2472.47 | — | 26.15 | 30.50 |
| 12. | GOKEX | 797.25 | 56.74 | 5842.06 | 0.00 | 44.30 | 6.81 | 1153.51 | 20.69 | 12.75 | 9.75 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2025 | Jun 2026 | |
|---|---|---|
| 125 | 2,419 | |
| 123 | 1,870 | |
| Operating Profit | — | — |
| OPM % | — | — |
| Other Income | 4 | 17 |
| Interest | 7 | 62 |
| Depreciation | 11 | 125 |
| 6 | 566 | |
| Tax % | 25.44% | 26.04% |
| Net Profit | 4 | 419 |
| 0 | 4 | |
| Equity Capital | 10 | 105 |
| Reserves | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% |
| Equity Capital | 10 | 105 |
| Reserves | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% |
Jun 2025
- 125
- 123
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 7
- Depreciation
- 11
- 6
- Tax %
- 25.44%
- Net Profit
- 4
- 0
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 2,419
- 1,870
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 62
- Depreciation
- 125
- 566
- Tax %
- 26.04%
- Net Profit
- 419
- 4
- Equity Capital
- 105
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 105
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 313 | 474 | 806 | 676 | |
| 247 | 348 | 622 | 506 | |
| Operating Profit | 68 | 133 | 194 | 191 |
| OPM % | 22 | 28 | 24 | 28 |
| Other Income | 2 | 7 | 11 | 21 |
| Interest | 5 | 6 | 15 | 26 |
| Depreciation | 15 | 16 | 33 | 46 |
| 48 | 110 | 147 | 119 | |
| Tax % | 24 | 26 | 26 | 26 |
| Net Profit | 37 | 81 | 109 | 88 |
| EPS | 1,839 | 4,078 | 11 | 9 |
| Dividend Payout % | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | 4 | 8 | 11 | 9 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | 4 | 8 | 11 | 9 |
Mar 2023
- 313
- 247
- Operating Profit
- 68
- OPM %
- 22
- Other Income
- 2
- Interest
- 5
- Depreciation
- 15
- 48
- Tax %
- 24
- Net Profit
- 37
- EPS
- 1,839
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2024
- 474
- 348
- Operating Profit
- 133
- OPM %
- 28
- Other Income
- 7
- Interest
- 6
- Depreciation
- 16
- 110
- Tax %
- 26
- Net Profit
- 81
- EPS
- 4,078
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2025
- 806
- 622
- Operating Profit
- 194
- OPM %
- 24
- Other Income
- 11
- Interest
- 15
- Depreciation
- 33
- 147
- Tax %
- 26
- Net Profit
- 109
- EPS
- 11
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2026
- 676
- 506
- Operating Profit
- 191
- OPM %
- 28
- Other Income
- 21
- Interest
- 26
- Depreciation
- 46
- 119
- Tax %
- 26
- Net Profit
- 88
- EPS
- 9
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 29%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 34%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 32%
- Last Year:
- 19%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| LIABILITIES | - | - | - | - |
| 2 | 2 | 10 | 10 | |
| 161 | 242 | 345 | 557 | |
| 19 | 28 | 154 | 103 | |
| Trade Payables | 17 | 52 | 47 | 71 |
| 46 | 249 | 174 | 272 | |
| Total Liabilities | 245 | 573 | 731 | 1,013 |
| ASSETS | - | - | - | - |
| 93 | 181 | 229 | 304 | |
| Capital Work in Progress | 0 | 8 | 45 | 26 |
| 0 | 12 | 127 | 128 | |
| 61 | 136 | 132 | 190 | |
| 59 | 45 | 56 | 217 | |
| Cash & Bank | 11 | 142 | 36 | 41 |
| 21 | 49 | 106 | 108 | |
| Total Assets | 245 | 573 | 731 | 1,013 |
| Total Debt | 47 | 77 | 247 | 224 |
| Net Working Capital | 91 | 103 | 56 | 247 |
| Contingent Liabilities | 13 | 12 | 5 | 100 |
| Book Value per Share | 8186.37 | 12281.71 | 35.01 | 55.88 |
| Face Value | 100.00 | 100.00 | 1.00 | 1.00 |
| Total Debt | 47 | 77 | 247 | 224 |
| Net Working Capital | 91 | 103 | 56 | 247 |
| Contingent Liabilities | 13 | 12 | 5 | 100 |
| Book Value per Share | 8186.37 | 12281.71 | 35.01 | 55.88 |
| Face Value | 100.00 | 100.00 | 1.00 | 1.00 |
Mar 2023
- 2
- 161
- 19
- Trade Payables
- 17
- 46
- Total Liabilities
- 245
- 93
- Capital Work in Progress
- 0
- 0
- 61
- 59
- Cash & Bank
- 11
- 21
- Total Assets
- 245
- Total Debt
- 47
- Net Working Capital
- 91
- Contingent Liabilities
- 13
- Book Value per Share
- 8186.37
- Face Value
- 100.00
- Total Debt
- 47
- Net Working Capital
- 91
- Contingent Liabilities
- 13
- Book Value per Share
- 8186.37
- Face Value
- 100.00
Mar 2024
- 2
- 242
- 28
- Trade Payables
- 52
- 249
- Total Liabilities
- 573
- 181
- Capital Work in Progress
- 8
- 12
- 136
- 45
- Cash & Bank
- 142
- 49
- Total Assets
- 573
- Total Debt
- 77
- Net Working Capital
- 103
- Contingent Liabilities
- 12
- Book Value per Share
- 12281.71
- Face Value
- 100.00
- Total Debt
- 77
- Net Working Capital
- 103
- Contingent Liabilities
- 12
- Book Value per Share
- 12281.71
- Face Value
- 100.00
Mar 2025
- 10
- 345
- 154
- Trade Payables
- 47
- 174
- Total Liabilities
- 731
- 229
- Capital Work in Progress
- 45
- 127
- 132
- 56
- Cash & Bank
- 36
- 106
- Total Assets
- 731
- Total Debt
- 247
- Net Working Capital
- 56
- Contingent Liabilities
- 5
- Book Value per Share
- 35.01
- Face Value
- 1.00
- Total Debt
- 247
- Net Working Capital
- 56
- Contingent Liabilities
- 5
- Book Value per Share
- 35.01
- Face Value
- 1.00
Mar 2026
- 10
- 557
- 103
- Trade Payables
- 71
- 272
- Total Liabilities
- 1,013
- 304
- Capital Work in Progress
- 26
- 128
- 190
- 217
- Cash & Bank
- 41
- 108
- Total Assets
- 1,013
- Total Debt
- 224
- Net Working Capital
- 247
- Contingent Liabilities
- 100
- Book Value per Share
- 55.88
- Face Value
- 1.00
- Total Debt
- 224
- Net Working Capital
- 247
- Contingent Liabilities
- 100
- Book Value per Share
- 55.88
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 17 | 199 | -47 | 36 | |
| Cash from Investing | -18 | -200 | -111 | -112 |
| Cash from Financing | 3 | 22 | 151 | 71 |
| 2 | 22 | -6 | -6 | |
| Free Cash Flow | 17 | 89 | -165 | -65 |
| OCF / Net Profit | 0.45 | 2.46 | -0.44 | 0.41 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
| OCF / Net Profit | 0.45 | 2.46 | -0.44 | 0.41 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
Mar 2023
- 17
- Cash from Investing
- -18
- Cash from Financing
- 3
- 2
- Free Cash Flow
- 17
- OCF / Net Profit
- 0.45
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.45
- Cumulative 5-Year FCF
- 0
Mar 2024
- 199
- Cash from Investing
- -200
- Cash from Financing
- 22
- 22
- Free Cash Flow
- 89
- OCF / Net Profit
- 2.46
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.46
- Cumulative 5-Year FCF
- 0
Mar 2025
- -47
- Cash from Investing
- -111
- Cash from Financing
- 151
- -6
- Free Cash Flow
- -165
- OCF / Net Profit
- -0.44
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.44
- Cumulative 5-Year FCF
- 0
Mar 2026
- 36
- Cash from Investing
- -112
- Cash from Financing
- 71
- -6
- Free Cash Flow
- -65
- OCF / Net Profit
- 0.41
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.41
- Cumulative 5-Year FCF
- 0
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| PER SHARE | - | - | - | - |
| EPS (₹) | 1838.91 | 4077.59 | 10.73 | 8.68 |
| Book Value (₹) | 8186.37 | 12281.71 | 35.01 | 55.88 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 5.03 | 9.57 | 14.00 | 13.19 |
| PROFITABILITY | - | - | - | - |
| Operating Margin % | 21.82% | 26.63% | 22.77% | 25.16% |
| Net Margin % | 11.69% | 17.11% | 13.52% | 13.04% |
| ROE % | 22.46% | 39.84% | 36.32% | 19.11% |
| ROCE % | 25.56% | 43.93% | 34.78% | 20.40% |
| 14.92% | 19.82% | 16.70% | 10.11% | |
| EFFICIENCY | - | - | - | - |
| Debtor Days | 69 | 40 | 23 | 74 |
| Inventory Days | 71 | 76 | 61 | 87 |
| Payable Days | 41 | 68 | 46 | 80 |
| 99 | 48 | 38 | 80 | |
| FINANCIAL HEALTH | - | - | - | - |
| Debt to Equity (x) | 0.29x | 0.31x | 0.69x | 0.39x |
| Interest Coverage (x) | 10.32x | 18.54x | 11.08x | 5.60x |
| 2.67x | 1.41x | 1.23x | 1.90x | |
| GROWTH | - | - | - | - |
| Revenue Growth % | 0.00% | 51.47% | 69.94% | -16.14% |
| Operating Profit Growth % | 0.00% | 94.67% | 46.11% | -1.76% |
| Net Profit Growth % | 0.00% | 121.74% | 34.22% | -19.08% |
| 0.00% | 121.74% | -99.74% | -19.08% | |
| VALUATION | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | -0.48x | 1.14x | 1.02x |
Mar 2023
- EPS (₹)
- 1838.91
- Book Value (₹)
- 8186.37
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.03
- Operating Margin %
- 21.82%
- Net Margin %
- 11.69%
- ROE %
- 22.46%
- ROCE %
- 25.56%
- 14.92%
- Debtor Days
- 69
- Inventory Days
- 71
- Payable Days
- 41
- 99
- Debt to Equity (x)
- 0.29x
- Interest Coverage (x)
- 10.32x
- 2.67x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 4077.59
- Book Value (₹)
- 12281.71
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 9.57
- Operating Margin %
- 26.63%
- Net Margin %
- 17.11%
- ROE %
- 39.84%
- ROCE %
- 43.93%
- 19.82%
- Debtor Days
- 40
- Inventory Days
- 76
- Payable Days
- 68
- 48
- Debt to Equity (x)
- 0.31x
- Interest Coverage (x)
- 18.54x
- 1.41x
- Revenue Growth %
- 51.47%
- Operating Profit Growth %
- 94.67%
- Net Profit Growth %
- 121.74%
- 121.74%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- -0.48x
Mar 2025
- EPS (₹)
- 10.73
- Book Value (₹)
- 35.01
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 14.00
- Operating Margin %
- 22.77%
- Net Margin %
- 13.52%
- ROE %
- 36.32%
- ROCE %
- 34.78%
- 16.70%
- Debtor Days
- 23
- Inventory Days
- 61
- Payable Days
- 46
- 38
- Debt to Equity (x)
- 0.69x
- Interest Coverage (x)
- 11.08x
- 1.23x
- Revenue Growth %
- 69.94%
- Operating Profit Growth %
- 46.11%
- Net Profit Growth %
- 34.22%
- -99.74%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 1.14x
Mar 2026
- EPS (₹)
- 8.68
- Book Value (₹)
- 55.88
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 13.19
- Operating Margin %
- 25.16%
- Net Margin %
- 13.04%
- ROE %
- 19.11%
- ROCE %
- 20.40%
- 10.11%
- Debtor Days
- 74
- Inventory Days
- 87
- Payable Days
- 80
- 80
- Debt to Equity (x)
- 0.39x
- Interest Coverage (x)
- 5.60x
- 1.90x
- Revenue Growth %
- -16.14%
- Operating Profit Growth %
- -1.76%
- Net Profit Growth %
- -19.08%
- -19.08%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 1.02x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-19 - Kusumgar Limited has informed the Exchange about Copy of Newspaper Publication of Postal Ballot Notice
- Shareholders meeting
2026-08-18 - Kusumgar Limited has informed the Exchange regarding Notice of Postal Ballot
Annual Reports
Nothing filed yet.
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026