Kross Ltd (KROSS) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 544253 | NSE: KROSS | Auto Ancillary | Small Cap

Kross Share Price

164.50 -1.40 -0.84%
as on 05-Dec'25 13:40

Kross Ltd (KROSS) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 544253 | NSE: KROSS | Auto Ancillary | Small Cap

DeciZen - make an informed investing decision on Kross

Based on:

Overall Rating
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1. Quality


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2. Valuation


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3. Price Trend


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Kross stock performance -

Key Ratios
mw4me loader
P/E Ratio (SA):
21.61
Market Cap:
1,070.2 Cr.
52-wk low:
131.2
52-wk high:
246.1

Is Kross Ltd an attractive stock to invest in?


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10 Year X-Ray of Kross: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Kross Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 16.4%17.2%19.9%19.6%10.5%11.9%16.3%31%33.6%21.8%-
Value Creation
Index
0.20.20.40.4-0.3-0.20.21.21.40.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 136142174231161185297489620620605
Sales YoY Gr.-4.2%22.4%32.9%-30.5%15.4%60.4%64.3%26.9%0%-
Adj EPS 0.60.70.91.60.41.12.25.78.27.37.7
YoY Gr.-17.7%27.4%75.3%-77.3%186.5%110.4%154.7%45.1%-10.9%-
BVPS (₹) 7.17.88.810.410.811.813.418.927.167.470.3
Adj Net
Profit
3.33.94.98.725.712.130.744.647.450
Cash Flow from Ops. 013.520.315.516.35.717.541.88.5-32.1-
Debt/CF from Ops. 03.52.63.9413.64.92.113.8-1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 18.3%31%27.8%0%
Adj EPS 31.6%81.8%48.8%-10.9%
BVPS28.4%44.3%71.3%148.2%
Share Price - - - -29.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
9.29.811.2173.69.417.735.235.816.311.2
Op. Profit
Mgn %
12.312.712.610.610.310.79.911.81313.112.8
Net Profit
Mgn %
2.42.72.83.71.33.14.16.37.27.68.2
Debt to
Equity
1.31.11.11.11.11.21.20.90.80.10
Working Cap
Days
190191159136207183136101111174108
Cash Conv.
Cycle
112133118941361218554639975

Recent Performance Summary

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Latest Financials - Kross Ltd.

Standalone Consolidated
TTM EPS (₹) 7.7 -
TTM Sales (₹ Cr.) 605 -
BVPS (₹.) 70.3 -
Reserves (₹ Cr.) 421 -
P/BV 2.36 -
PE 21.61 -
From the Market
52 Week Low / High (₹) 131.15 / 246.05
All Time Low / High (₹) 131.15 / 271.00
Market Cap (₹ Cr.) 1,070
Equity (₹ Cr.) 32.3
Face Value (₹) 5
Industry PE 44.7

Management X-Ray of Kross:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Kross - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of Kross

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales136142174231161185297489620620
Operating Expenses 120124152207144166268431539539
Manufacturing Costs011364410316890119117
Material Costs7575731069089160290356354
Employee Cost 12121417171520273035
Other Costs 33263040273019253434
Operating Profit 17182224172030588181
Operating Profit Margin (%) 12.3%12.7%12.6%10.6%10.3%10.7%9.9%11.8%13.0%13.1%
Other Income 0000000115
Interest 9911101098121512
Depreciation 3344456467
Exceptional Items -0000-000000
Profit Before Tax 567113716426167
Tax 2222114111619
Profit After Tax 34592612314548
PAT Margin (%) 2.4%2.7%2.8%3.8%1.2%3.1%4.1%6.3%7.2%7.7%
Adjusted EPS (₹)0.60.70.91.70.41.12.35.78.37.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%4%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 38424655586472102147435
Share Capital 7131313141414142732
Reserves 3128334245505989120402
Minority Interest0000000000
Debt504752606578767910425
Long Term Debt106111115302427235
Short Term Debt39424149504852528120
Trade Payables17131219191519344967
Others Liabilities 14152123161734365854
Total Liabilities 119117132158158174201251358581

Fixed Assets

Gross Block4064788996112122140162196
Accumulated Depreciation0252832374146515663
Net Fixed Assets 4039505659707689106132
CWIP 0000600051
Investments 0001000016
Inventories38354041454341628499
Trade Receivables3237324435415052110182
Cash Equivalents 4446551141184
Others Assets 436991333334277
Total Assets 119117132158158174201251358581

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 014201616618428-32
PBT 067113716426167
Adjustment 0121414141314162015
Changes in Working Capital 0-30-72-14-9-7-63-105
Tax Paid 0-1-2-2-2-1-3-9-10-10
Cash Flow From Investing Activity 0-2-13-12-13-9-12-19-30-26
Capex 0-3-14-11-13-10-12-19-27-28
Net Investments 0000000-1-4-2
Others 001-2000014
Cash Flow From Financing Activity 0-12-6-2-44-6-1115136
Net Proceeds from Shares 000010000232
Net Proceeds from Borrowing 000000-12-1-17
Interest Paid 0-9-11-10-10-9-5-11-14-12
Dividend Paid 0000000-100
Others 0-3585130-030-67
Net Cash Flow 0-111-00012-777

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)8.999.7911.2317.283.449.3817.8435.4536.0616.52
ROCE (%)16.3917.1819.8619.5810.4611.9416.330.9533.5721.8
Asset Turnover Ratio1.21.21.391.591.021.121.592.162.041.32
PAT to CFO Conversion(x)03.541.78811.51.350.18-0.67
Working Capital Days
Receivable Days78887260897556384886
Inventory Days100937864988752394354
Payable Days80756453766838344260

Kross Ltd Stock News

Kross Ltd FAQs

The current trading price of Kross on 05-Dec-2025 13:40 is ₹164.5.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Dec-2025 the market cap of Kross stood at ₹1,070.2.
The latest P/E ratio of Kross as of 04-Dec-2025 is 21.61.
The latest P/B ratio of Kross as of 04-Dec-2025 is 2.36.
The 52-week high of Kross is ₹246.1 and the 52-week low is ₹131.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kross is ₹605.3 ( Cr.) .

About Kross Ltd

Kross Limited was incorporated as ‘Kross Manufacturers (India) Private Limited’, as a private limited company under  the  Companies  Act,  1956,  pursuant  to  a  certificate  of  incorporation  dated  May  9,  1991,  issued  by  the Registrar  of  Companies,  Bihar  at  Patna.  Thereafter,  the  Registered  Office  of  the  company  was  changed  from 214, Ashiana Centre Adityapur, Jamshedpur to M-4, Phase VI, Gamharia, Adityapur Industrial Area, Jamshedpur. Subsequently, the name of the Company was changed from ‘Kross Manufacturers (India) Private Limited’ to ‘Kross Private Limited’ pursuant to a fresh certificate of incorporation issued by the Registrar of Companies Jharkhand at Ranchi dated September 26, 2016. Further, the name of the company was changed upon conversion from a private limited company ‘Kross Private Limited’, to a public limited company ‘Kross Limited’ pursuant to a special resolution passed by its shareholders on January 13, 2017 and a fresh certificate of incorporation issued by the Registrar of Companies Jharkhand at Ranchi dated January 17, 2017.

Kross is a diversified player focused on manufacturing and supply of trailer axle and suspension assembly and a wide range of forged and precision machined high performance safety critical parts for medium and heavy commercial vehicles (M&HCV) and farm equipment segments. The company is widely recognized as one of the prominent manufacturers of trailer axles and suspension assembly in India. In 2019, it commenced manufacture and sale of trailer axle and suspension assemblies and has witnessed robust growth between Fiscal 2021 and Fiscal 2024. It has become one of the fastest growing players in the organised trailer axle manufacturing industry competing with major trailer axle manufacturers. With over three decades of experience, the company relies on its product development capabilities to design and deliver proprietary products such as trailer axle and suspension assembly. It is one of the few players domestically, with the competency to manufacture trailer axles and suspension assembly in-house.

With a diversified portfolio of high performance and safety critical components for the M&HCV and farm equipment segments, the company is a specialist in manufacturing of safety critical components for M&HCV segment which include axle shafts, companion flanges, anti-roll bars and stabilizer bar assembly, suspension linkages, differential spiders, bevel gears, planet carriers, inter-axle kits, rear end spindles, pole wheels and wide variety of tractor components for the hydraulic lift arrangement, power take-off (PTO) shafts and front axle spindles. The company supplies its products to a diversified client base which includes large original equipment manufacturers (OEMs) manufacturing M&HCV and tractors, tier one suppliers to the OEMs in the M&HCV segment domestic dealers and fabricators for its trailer axle and suspension business.

Business area of the company

The company is a diversified player focused on manufacturing and supply of trailer axle and suspension assembly and a wide  range  of forged  and  precision  machined  high  performance  safety  critical  parts  for  M&HCV and  farm  equipment  segments.  

Products of the company 

M&HCV components and assemblies

  • Trailer axles and suspensions
  • Axle shafts
  • Coupling flanges
  • Differential spiders
  • Bevel gear assemblies
  • Bell crank assemblies
  • Trunion pins
  • Gear joint assemblies
  • Clutch release forks
  • Steering joints
  • Universal cross
  • Input and output shafts
  • Reaction plate and carrier annulus
  • Planet carrier assembly
  • Rear end spindles
  • ABS Pole wheels
  • Interaxle rings
  • Anti-roll bar and stabilizer bar assembly

Tractor components and assemblies

  • Spindle front axles
  • Control spring assembly
  • Arm rams and hydraulic lift arms
  • PTO shafts
  • Hydraulic lift shafts

Awards, accreditations and recognitions

  • 2013: Best supplier award for ‘Consistent Delivery Performance’ through pull system -Kanban at the Global Supplier Meetby TAFE.
  • 2014: Best supplier award for ‘Overall Performance’ by TAFE. 
  • 2015: Best supplier of the year award for outstanding efforts in delivery, quality and cost by York, a Tata Enterprise.
  • 2021: Durafit Range best vendor award for demand fulfilment east (2020-21) by Tata Genuine Parts at the Vendor Impact Progamme 2021.
  • 2023: Silver award in Best Performance in Business Alignment by Ashok Leyland.

History and milestones

  • 1991: Obtained the certificate of incorporation.
  • 1997: Supplied their first product, joint cross to Tata Engineering and Locomotive Company Limited (Telco Limited). 
  • 2001: Diversified into tractor components and started working with TAFE. 
  • 2006: Started working with Ashok Leyland by developing output flanges. 
  • 2008: Installed upsetter forging equipment (4” and 5”) and started development of manufacturing of axle shafts for Tata Motors. 
  • 2008: Installed press forging equipment by installing 2500 and 2000 tonnes mechanical press. 
  • 2014: Commenced business with International Tractors Limited for rockshafts. 
  • 2016: Developed spider bevel gears for TAFE.
  • 2018: Commenced manufacturing anti-roll bar and stabilizer bar for OEM’s by commissioning a new facility, Unit IV. 
  • 2019: Developed the trailer axle along with mechanical suspensions for the trailer industry. 
  • 2022: Established foundry Unit V, a high pressure mould line along with its machine shop.

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