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Kalind Ltd (526935)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526935 NSE: Finance - Investment | Small Cap | Kalind Share Price

₹99.73 3.21 (3.33%)

As on 05-Jun'26 16:59

Kalind Ltd (526935)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526935 NSE: Finance - Investment | Small Cap | Kalind Share Price

₹99.73 3.21 (3.33%)

As on 05-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹1,176 Cr.
Current Price
₹99.7
52-Week Low / High
₹9 / 106
TTM EPS
₹2.2
Book Value per Share
₹17.5
P/E Ratio
43.09
Higher than its 5-year historical median
Industry PE
52.9
Price to Book (P/B)
5.52
Higher than its 5-year historical median
EV/EBITDA
30.36
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
-2.57%
Return on Capital Employed (ROCE)
-5.83%
Return on Assets (ROA)
-2.17%
Growth Momentum
1-yr vs 3-yr growth
Net Interest Income Growth (1 Year)
Improving versus 3-year growth rate
-107.78%
Book Value Growth (1 Year)
Slowing versus 3-year growth rate
-2.5%
Asset Quality
Gross NPA(%)
0.00%
Net NPA(%)
0.00%
TTM Sales
₹75.4 Cr.
Reserves
₹91 Cr.
Equity
₹121.9 Cr.
Face Value
₹10
All Time Low / High
₹0.04 / 106.00

Kalind stock performance

Key Ratios
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Valuation

Somewhat Overvalued

Price Trend

Weak
Q.1 Is Kalind Ltd a good quality company?
Kalind Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on the bank’s performance on Total Income growth, Pre-Provision Operating Profit, RoA, RoE, CAR, and Asset Quality, along with how these metrics compare with its long-term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Total Income growth, NPM, PPOP, RoA and RoE compared to its last 5-year median.

  • How efficiently has it grown and managed operations?

    By checking its Total Asset growth.

  • How strong is its Capital position and Asset Quality?

    By checking its Capital Adequacy Ratio (CAR), GNPA and NNPA.

How does Kalind Ltd performance compare with that of its Peers?
Q.1 AUM Growth of Kalind Ltd vs Industry Peers?
Kalind Ltd AUM CAGR is 6.96%, compared to the 5-year industry median CAGR of 9.27%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Kalind Ltd?
Promoters hold 13.96% of the Kalind Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Kalind Ltd over the last decade?
Over the last 9 years, the stock has delivered a CAGR of 89% based on the current price.

10 Year X-Ray :

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.
Kalind Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Operating Income (₹ Cr.)0.20.20001.11.53.41.2075
YoY Gr. Rt. %--15.8%-99.4%1700%-33.3%8725%45.1%123.9%-64.6%-100%-
Adj EPS (₹ ) 000.1-0-00.1000.1-02.2
YoY Gr. Rt. %-50%133.3%-128.6%NANA-75%0%150%-140%-
BVPS (₹ )0.50.60.70.60.60.70.70.80.80.817.5
YoY Gr. Rt. %-23.4%12.1%-3.1%0%12.7%2.8%2.7%6.7%-2.5%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)3.14.310-3.2-0.511.42.21.84.7-2.20

CAGR

9 Years 5 Years 3 Years 1 Years
Net Interest Income-100%-100%-100%-100%
Adj EPS-200%NA-200%-140%
BVPS5.8%4.4%2.2%-2.5%
Share Price 89.2% 145% 365.3% 1015.6%

Key Financial Ratios

RATIOS \ YEARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Margins
Net Profit Margin (%)68.6123.90-960.5-228.762.211.85.235.2036.2
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)3.64.810.8-3.4-0.612.23.136.8-2.612.8

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Income + 1120112420
Interest Income0000012310
Other Income 0000001200
Exceptional Items 1120100000
Expenditure + 1110102311
Interest Expense 0000000000
Operating Expenses 1110001111
Provisions 0000001200
Exceptional Items 0000000000
Profit Before Tax 001-001001-0
Taxes 000000000-0
Profit After Tax 001-0-01000-0
Adjusted EPS (₹)0.00.00.1-0.00.00.10.00.00.1-0.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Kalind - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

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

Equity and Liabilities

Equity Capital +4555566676
Share Capital 3333333333
Reserves 1222233343
Short term borrowings0000001201
Long Term Borrowings000000011-0
Current Liabilities 1000004301
Trade Payables0000003000
Other Liabilities-0-0-0-0-0-0-4-2-0-1
Total Liabilities 456556101087

Assets

Non Current Asset +1333352660
Loan Asset 0000000000
Other Non Current Asset 1333352660
Current Asset +4222219427
Current Investment1111200000
Other Current Asset3111119427
Total Assets 456556101087

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity -1-1-1-0-01-524-1
Cash Flow From Investing Activity 1101013-4-21
Cash Flow From Financing Activity -0-00-00022-3-0
Net Cash Flow 0-000-01-0-10-0

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Operational & Financial Ratios

EPS (₹)0.500.701.80-0.60-0.102.200.600.601.40-0.60
DPS (₹)0000000000
BVPS (₹)12.715.817.61716.919.119.720.321.821.2

Performance Ratios

ROA (%)3.14.310.0-3.2-0.511.42.21.84.7-2.2
ROE (%)3.64.810.8-3.4-0.612.23.13.06.8-2.6
ROCE (%)4.45.513.20.31.414.53.88.010.5-5.8

Valuation Parameters

Price/Book(x)0.30.30.40.40.71.51.61.32.312.6

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Kalind Ltd FAQs

The current trading price of Kalind on 05-Jun-2026 16:59 is ₹99.73.

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-Jun-2026 the market cap of Kalind stood at ₹1,176.5 Cr

The latest P/E ratio of Kalind as of 04-Jun-2026 is 43.09.

The latest P/B ratio of Kalind as of 04-Jun-2026 is 5.52.

The 52-week high of Kalind is ₹106.0 and the 52-week low is ₹8.76.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kalind is ₹75.36 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Kalind Ltd is a below average quality company.

The key valuation ratios of Kalind Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Kalind Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Kalind Ltd

MB Parikh Finstocks was incorporated as a private company on April 8, 1994 and converted into a public company with the present name on October 26, 1994. The company is engaged in the business of financial services and investments. The company gets its income mainly from brokerage, sale of shares and securities, interest, dividend, and consultancy fees.

The company is promoted by Mahesh B Parikh a qualified & experienced banker and his son Digant Parikh a qualified financial consultant.

The registered office of the company is located at Galav Chambers, 705, Sayajiganj Vadodara, Gujarat-390005.

Services

  • Financial services
  • Investments
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