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Keerthi Industries Ltd (518011)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 518011 NSE: Cement & Construction Materials | Small Cap | Keerthi Industries Share Price

₹40.63 0.00 (0.00%)

As on 04-Jun'26 16:59

Keerthi Industries Ltd (518011)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 518011 NSE: Cement & Construction Materials | Small Cap | Keerthi Industries Share Price

₹40.63 0.00 (0.00%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹33 Cr.
Current Price
₹40.6
52-Week Low / High
₹38 / 85
TTM EPS
₹-28.7
TTM Sales
₹93.6 Cr.
Book Value per Share
₹32
P/E Ratio
0.00
Industry PE
36.8
Price to Book (P/B)
1.27
Lower than its 5-year historical median
Price to Sales (P/S)
0.35
Lower than its 5-year historical median
EV/EBITDA
-6.09
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
-43.65%
Underperforms industry median
Return on Capital Employed (ROCE)
-24.37%
Underperforms industry median
Return on Assets (ROA)
-13.77%
Operating Profit Margin
-14.7%
Net Profit Margin
-19.02%
Gross Profit Margin
-17.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-43.55%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
67.18%
Pledged shares (%) of Promoter's holding (%)
44.65%
Reserves
₹18 Cr.
Equity
₹8 Cr.
Face Value
₹10
All Time Low / High
₹0.80 / 265.00

Keerthi Industries stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Keerthi Industries Ltd a good quality company?
Keerthi Industries Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares 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 Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Keerthi Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Keerthi Industries Ltd vs industry peers?
Keerthi Industries Ltd revenue CAGR is -6.97%, compared to the industry median CAGR of 5.89%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Keerthi Industries Ltd?
Promoters hold 67.18% of the Keerthi Industries Ltd, with 44.65% of their stake pledged, indicating high pledge risk.
Q.1 Stock return of Keerthi Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -12.9% based on the current price.

10 Year X-Ray : 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.
Keerthi Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 28.7%19.8%15.2%1.1%6.1%32.8%23.1%-5.9%-10.8%-24.4%-
Value Creation
Index
1.10.40.1-0.9-0.61.30.7-1.4-1.8-2.7-

Growth Parameters

Sales 18319819318417223225024121212094
Sales YoY Gr.-8.6%-2.9%-4.3%-6.8%35.2%7.6%-3.8%-11.8%-43.6%-
Adj EPS 23.414.210.60.1-6.52419.4-9-19.7-29.1-28.7
YoY Gr.--39.3%-25.3%-99.4%-10866.7%NA-19%-146.2%NANA-
BVPS (₹) 63.561.671.170.368.891.8109.999.279.450.832
Adj Net
Profit
18.811.48.50.1-5.219.215.6-7.2-15.8-23.3-23
Cash Flow from Ops. 25.433.826.17.912.237.78.86.415.54.6-
Debt/CF from Ops. 3.122.47.84.60.83.510.23.912.5-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -4.6%-7%-21.8%-43.6%
Adj EPS -202.4%NA-214.4%NA
BVPS-2.4%-5.9%-22.7%-36%
Share Price -12% -23% -33.3% -43.7%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
37.720.9160.1-9.329.919.3-8.6-22-44.7-69.4
Op. Profit
Mgn %
22.616.113.74.24.920.912.5-0.2-1.8-14.7-10.2
Net Profit
Mgn %
10.35.84.40-38.36.2-3-7.4-19.5-24.6
Debt to
Equity
1.31.41.11.110.40.30.811.40.9
Working Cap
Days
77878793896578939714876
Cash Conv.
Cycle
-18-8-5037202915-21-81

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales182.64198.27192.59184.41171.81232.23249.95240.56212.12119.74
Operating Expenses + 141.29166.27166.29176.64163.61183.69218.83240.94215.87137.29
Manufacturing Costs68.6372.4680.7684.2577.9885.6893.68131.36100.8561.57
Material Costs16.2420.1119.0725.4121.6324.0235.8024.8535.8121.92
Employee Cost 11.4314.0514.4015.4816.5518.7720.8422.8225.3725.33
Other Costs 44.9959.6752.0651.5147.4455.2268.5261.8953.8428.47
Operating Profit 41.353226.307.778.2048.5431.12-0.37-3.75-17.54
Operating Profit Margin (%) 22.6%16.1%13.7%4.2%4.8%20.9%12.5%-0.2%-1.8%-14.7%
Other Income + 1.191.912.954.182.582.883.742.361.342.49
Exceptional Items 1.630-0.8007.19-5.890-0.2400
Interest 6.187.026.926.596.055.303.343.336.306.53
Depreciation 8.238.7910.5810.7011.0410.439.269.4912.0312.10
Profit Before Tax 29.7518.1010.95-5.340.8829.8022.25-11.08-20.74-33.69
Tax 9.846.713-5.411.2110.546.61-3.84-5.05-10.91
Profit After Tax 19.9111.397.950.07-0.3219.2615.64-7.24-15.69-22.77
PAT Margin (%) 10.9%5.8%4.1%0.0%-0.2%8.3%6.3%-3.0%-7.4%-19.0%
Adjusted EPS (₹)24.814.29.90.1-0.424.019.5-9.0-19.6-28.4
Dividend Payout Ratio (%)0%0%9.10%1,026.20%-224.60%6.20%7.70%0%0%0%

Valuation of Keerthi Industries - 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

Shareholders Fund + 59.7549.3656.9956.3455.1673.6388.1079.5163.6140.73
Share Capital 16.908.028.028.028.028.028.028.028.028.02
Reserves 42.8541.3448.9748.3247.1465.6180.0871.4955.5932.71
Debt +71.8159.4358.5257.6051.7623.6428.5161.6453.9651.23
Long Term Debt44.5635.1626.6721.7810.1123.5820.6450.8644.7241.98
Short Term Debt27.2524.2731.8535.8241.660.067.8710.789.259.24
Minority Interest0000000000
Trade Payables15.0316.1517.2714.3010.8810.2911.4415.8128.0547.55
Others Liabilities 28.7751.0237.7927.9725.1342.2934.5630.6527.9817.72
Total Liabilities 175.36175.95170.57156.21142.93149.86162.61187.60173.60157.23

Fixed Assets

Net Fixed Assets +101.86121.32113.59107.2499.7591.9886.2079.99114.44101.14
Gross Block206.79234.99237.67242.02245.56248.17251.81247.78293.67292.42
Accumulated Depreciation104.93113.66124.08134.78145.81156.19165.60167.78179.23191.28
CWIP 20.8500.460.040.0909.4241.411.750.24
Investments 001.311.442.192.302.622.723.163.37
Inventories20.6719.3420.7715.4314.0321.6428.1931.4127.5522.94
Trade Receivables2.262.673.353.513.515.356.236.575.994.69
Cash Equivalents 3.189.837.731.043.4310.282.822.431.501.56
Others Assets 26.5422.7923.3727.5119.9318.3127.1423.0719.2223.28
Total Assets 175.36175.95170.57156.21142.93149.86162.61187.60173.60157.23

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 25.4133.7526.137.8512.2237.698.776.3815.514.63
PBT 29.7518.1010.95-5.340.8829.8022.25-11.08-20.74-33.69
Adjustment 13.8114.3614.3515.328.4419.1910.7310.8916.9417.49
Changes in Working Capital -10.846.122.79-2.13.03-7.82-19.36.7219.1920.88
Tax Paid -7.31-4.83-1.96-0.03-0.13-3.48-4.92-0.140.12-0.06
Cash Flow From Investing Activity + -23.48-9.18-3.43-4.39-3.95-1.26-13.94-35.45-6.282.97
Capex -3.17-7.40-3.60-5.13-3.50-2.58-12.90-35.36-6.822.71
Net Investments 0-2.59-1.300-10.710.020.1300.01
Others -20.310.811.470.730.550.61-1.06-0.220.540.26
Cash Flow From Financing Activity + -2.15-17.86-24.36-9.13-5.34-29.36-3.9730.08-10.18-7.99
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -7.12-9.31-12.68-6.60-13.31-4.03-3.8829.98-6.14-2.54
Interest Paid -6.21-4.90-19.57-5.35-4.87-4.06-2.45-3.09-6.07-6.32
Dividend Paid 000-0.72-0.72-0.72-1.20-1.2000
Others 11.18-3.657.893.5413.56-20.543.564.402.030.87
Net Cash Flow -0.236.70-1.66-5.682.937.08-9.141.02-0.95-0.40

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)48.6722.7314.960.12-0.5829.9119.34-8.64-21.92-43.65
ROCE (%)28.6819.8215.171.056.0632.8123.1-5.89-10.75-24.37
Asset Turnover Ratio1.291.131.111.131.151.591.61.371.190.74
PAT to CFO Conversion(x)1.282.963.29112.14N/A1.960.56N/AN/AN/A
Working Capital Days
Receivable Days3.404.505.706.807.5078.509.7010.6016
Inventory Days31.4036.803835.8031.302836.4045.205075.70
Payable Days338.50283319.90226.70212.40160.90110.80200.10223.50629.40

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *40.0440.0440.0440.0440.0440.0444.6544.6544.6544.65
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Keerthi Industries Ltd FAQs

The current trading price of Keerthi Industries on 04-Jun-2026 16:59 is ₹40.63.

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 03-Jun-2026 the market cap of Keerthi Industries stood at ₹32.57 Cr

The latest P/E ratio of Keerthi Industries as of 03-Jun-2026 is 0.00.

The latest P/B ratio of Keerthi Industries as of 03-Jun-2026 is 1.27.

The 52-week high of Keerthi Industries is ₹84.87 and the 52-week low is ₹37.86.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Keerthi Industries is ₹93.59 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Keerthi Industries Ltd is a average quality company.

The key valuation ratios of Keerthi Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

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

About Keerthi Industries Ltd

Keerthi Industries, incorporated on May 17, 1982 was earlier known as Suvarna Cements, the company got its present name on Oct. 13, 2005.It is engaged in the manufacture and sale of cement.

Keerthi Industries is the leading manufacturer of reprocessed plastic granules in India. They also deal in Plastic scrap Re grind. Their current production is 6000 Metric tonne per year.

They are a customer oriented company, they work in close co-ordination with the customers to understand their specific requirements and deliver products in exact accordance. Their unrelenting efforts have made us a name to reckon with.

Since their inception they have been fully committed towards providing material of the highest quality standards, within the stipulated time. They have been fully committed towards providing material of the highest quality standards, within the stipulated time. With innovative thought process and unswerving commitment to quality and reliability, they have addressed the needs and wants of their clients. Their high quality products have made a massive impression across the industry verticals.

Keerthi industry’s core strength lies in creating tailor-made compounds for various applications, which are being approved and patronized by numerous quality conscious clients from all over the nation.

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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