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

BSE: 530813 | NSE: KRBL | Consumer Food | Small Cap

KRBL Share Price

392.60 -5.00 -1.26%
as on 05-Dec'25 12:17

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

BSE: 530813 | NSE: KRBL | Consumer Food | Small Cap

DeciZen - make an informed investing decision on KRBL

Based on:

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Semi Strong

KRBL stock performance -

Key Ratios
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P/E Ratio (SA):
14.94
Market Cap:
9,100.7 Cr.
52-wk low:
225.7
52-wk high:
495

Is KRBL Ltd an attractive stock to invest in?

1. Is KRBL Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that KRBL Ltd is a good quality company.

2. Is KRBL Ltd undervalued or overvalued?

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

3. Is KRBL Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of KRBL Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of KRBL:

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.
KRBL 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 % 18.8%21.6%23.2%20.9%21.2%20.4%15.5%21.2%16%11.9%-
Value Creation
Index
0.30.60.70.60.60.50.10.60.2-0.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 3,3483,1463,2464,1204,4993,9924,2115,3655,3855,5946,220
Sales YoY Gr.--6%3.2%26.9%9.2%-11.3%5.5%27.4%0.4%3.9%-
Adj EPS 13.916.819.621.723.623.819.23025.720.626.6
YoY Gr.-20.3%17.1%10.6%8.6%0.9%-19.3%56.5%-14.2%-20.1%-
BVPS (₹) 6279.596.8115.4132.5156.6172.6199211.9228.5239.1
Adj Net
Profit
328394462510554559451706589471609
Cash Flow from Ops. 43226535.8-1151,212384561-360226960-
Debt/CF from Ops. 2.74.134.8-12.40.40.80.2-0.62.20.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5.9%4.5%9.9%3.9%
Adj EPS 4.4%-2.7%2.4%-20.1%
BVPS15.6%11.5%9.8%7.9%
Share Price 5.3% 7.2% -2.5% 25.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
24.123.722.320.41916.411.716.212.49.311.4
Op. Profit
Mgn %
13.520.62420.919.420.615.717.714.912.113.5
Net Profit
Mgn %
9.812.514.212.412.31410.713.210.98.49.8
Debt to
Equity
0.80.60.60.50.20.1000.10.10
Working Cap
Days
233256284281278306291262317298160
Cash Conv.
Cycle
207218250262251269255241300280138

Recent Performance Summary

Sales growth is good in last 4 quarters at 19.36%

Return on Equity has declined versus last 3 years average to 11.40%

Sales growth has been subdued in last 3 years 9.93%

Net Profit has been subdued in last 3 years 2.36%

Latest Financials - KRBL Ltd.

Standalone Consolidated
TTM EPS (₹) 26.6 26.6
TTM Sales (₹ Cr.) 6,220 6,220
BVPS (₹.) 239.1 239.5
Reserves (₹ Cr.) 5,450 5,460
P/BV 1.66 1.66
PE 14.94 14.93
From the Market
52 Week Low / High (₹) 225.70 / 495.00
All Time Low / High (₹) 1.30 / 673.00
Market Cap (₹ Cr.) 9,101
Equity (₹ Cr.) 22.9
Face Value (₹) 1
Industry PE 59.8

Management X-Ray of KRBL:

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 (%)

Valuation of KRBL - Standalone Basis

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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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of KRBL

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
Sales3,3483,1463,2464,1204,4993,9924,2115,3655,3855,594
Operating Expenses 2,8982,4972,4673,2693,6273,1683,5484,4264,5834,920
Manufacturing Costs5667232272263256283340295375
Material Costs2,6292,2282,0112,7103,0582,5982,8803,5513,8203,956
Employee Cost 627067748288101115146172
Other Costs 151132157213224226284420322417
Operating Profit 450649779850872824663939802674
Operating Profit Margin (%) 13.4%20.6%24.0%20.6%19.4%20.6%15.7%17.5%14.9%12.1%
Other Income 92154015222242939761
Interest 67646968622413152415
Depreciation 50616864737274767981
Exceptional Items 0000000000
Profit Before Tax 425539682733759751618941795640
Tax 98138221230199190158240200164
Profit After Tax 327401462503559560460701595476
PAT Margin (%) 9.8%12.7%14.2%12.2%12.4%14.0%10.9%13.1%11.1%8.5%
Adjusted EPS (₹)13.917.019.621.423.823.819.529.826.020.8
Dividend Payout Ratio (%)14%12%12%12%12%15%18%3%15%17%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 1,4601,8722,2792,7173,1193,6854,0634,6844,8495,231
Share Capital 24242424242424242323
Reserves 1,4371,8482,2562,6943,0953,6624,0404,6614,8265,208
Minority Interest0000000000
Debt1,0951,0521,2161,41548229489201507377
Long Term Debt2038752332060000
Short Term Debt8919651,1641,38246328889201507377
Trade Payables142254111224385219181120129151
Others Liabilities 245207242270428420406576432457
Total Liabilities 2,9423,3863,8494,6274,4134,6194,7395,5815,9176,215

Fixed Assets

Gross Block1,1841,4811,5161,5401,6451,6751,7181,7651,8421,887
Accumulated Depreciation424483549610678741810882955983
Net Fixed Assets 760998967930967935908883887904
CWIP 1002211292161321
Investments 1214131210232535119355
Inventories1,7932,0192,4623,1292,8522,9642,8164,1864,4513,885
Trade Receivables157231247397230201289285303468
Cash Equivalents 183694511613904729461
Others Assets 10111889154290326308129115122
Total Assets 2,9423,3863,8494,6274,4134,6194,7395,5815,9176,215

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 43226536-1151,212384561-360223960
PBT 425539682733759751618941795640
Adjustment 281111061281288162134886
Changes in Working Capital 74-273-562-757513-24756-1062-408373
Tax Paid -96-112-190-220-188-201-175-253-212-138
Cash Flow From Investing Activity -85-202-2420-54-12-206206-85-523
Capex -172-201-36-21-30-41-41-59-82-95
Net Investments -2-2-2435-2925-170189-38-453
Others 890367644773624
Cash Flow From Financing Activity -335-782560-1,148-227-3225-157-252
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -39-116-45-34-14-14-14-600
Interest Paid -60-49-69-63-59-32-13-15-23-15
Dividend Paid -840-49-54-117-8-82-82-24-92
Others -15287188211-959-173-213109-111-145
Net Cash Flow 11-1536-361014532-149-18186

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)24.0824.0822.2520.1419.1716.4711.8716.0212.499.44
ROCE (%)18.8121.5923.1720.8821.1720.3615.521.151611.94
Asset Turnover Ratio1.130.990.920.991.020.910.931.080.950.94
PAT to CFO Conversion(x)1.320.660.08-0.232.170.691.22-0.510.372.02
Working Capital Days
Receivable Days26232628251921192025
Inventory Days199221247242236259244229289266
Payable Days21322911111311101213

KRBL Ltd Stock News

KRBL Ltd FAQs

The current trading price of KRBL on 05-Dec-2025 12:17 is ₹392.6.
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 KRBL stood at ₹9,100.7.
The latest P/E ratio of KRBL as of 04-Dec-2025 is 14.94.
The latest P/B ratio of KRBL as of 04-Dec-2025 is 1.66.
The 52-week high of KRBL is ₹495.0 and the 52-week low is ₹225.7.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of KRBL is ₹6,220 ( Cr.) .

About KRBL Ltd

Pioneering the concept of having an integrated rice manufacturing facility, KRBL Limited is a globally renowned manufacturer and seller of basmati and non-basmati rice products under its flagship brand India Gate and other celebrated brands such as Unity, Doon, Nur Jahan and Bemisal among others. The company’s scale and focus on execution mean that it can provide its clients and consumers with the best value in terms of quality and cost as well as the most exciting and innovative products. Further, the company evolved in a multi-segment rice player with its foray into the health food segment and introduced a wide range of health food products such as India Gate Basmati Brown Rice, India Gate Non-Basmati Brown Rice, Chia seeds, Flax seeds and Quinoa.

The company is equally committed to enhancing its capacities and introducing the latest milling techniques to the basmati industry.  The result has been equally rewarding-having the largest installed capacity in the industry with quality certifications to ensure satisfaction to both the buyers and the eventual consumers. Today, the company’s flagship brand India Gate is recognized both in India and abroad with strong presence and impressive market share. It has earned respect and patronage amongst consumers and retailers over the years and today it’s a matter of pride to be the preferred brand amongst global households. It has its two manufacturing facilities spread across the states of Uttar Pradesh (Gautam Budh Nagar) and Punjab (Dhuri). The four state-of-the-art grading, sorting, and packaging facilities of KRBL are located at Sonipat, Gautam Budh Nagar, Dhuri, and Alipur.

Business area of the company

The company, the largest integrated rice miller of the country, is one of the major producers of rice products (both basmati and non-basmati rice). Further the company is engaged in the production of milling by-products like bran oil, furfural, rice bran, and de-oiled cakes. Besides rice and agri products, it is also engaged in the business of power generation. The company’s energy division comprises power generation from wind turbines, solar power plants and rice husk-based (biomass) power plants. This strategy helps the company meet its power requirement from captive sources and reduce dependency on external sources while maximising returns from the non-core operations.

Awards

  • 1996: KRBL was awarded the ‘Super Star Trading House’ for its increasing export success.
  • 1997: Agricultural and Processed Foods Exports Development Authority (APEDA) award for the largest exporter of Basmati rice.
  • 1998-99: APEDA award for the largest exporter of Basmati rice.
  • 1999-2000: KRBL was awarded ‘Largest and Best exporter’ award, by the Govt. of U.P, India.
  • 2000: APEDA award for the largest exporter of Basmati rice.
  • 2000-01: APEDA award for the largest exporter of Basmati rice.
  • 2002: Le livre Guinness des records for the world’s biggest kabsa, Bahrain.
  • 2002-03: Awarded Golden trophy by FIEO for export excellence.
  • 2002-03: APEDA award for the largest exporter of Basmati rice.
  • 2002-03: APEDA export award 2002-03 for export promotion & quality.
  • 2004-05: APEDA award for the largest exporter of Basmati rice.
  • 2005: KRBL earned recognition of a Four Star Export House.
  • 2005: ‘MERA BRAND’, by Consumer World Awards as India’s most preferred brand.
  • 2006: INDIASTAR 2006 for excellence in Packaging in India.
  • 2006-07: APEDA for the largest exporter of Basmati rice.
  • 2007-08: CONCOR ‘Best Exporter’ award in the north-central region.
  • 2007-08: APEDA Award, Golden Trophy, for the largest exporter of Basmati rice.
  • 2008: MERA BRAND’, by ConsumerWorld Awards as India’s most preferred brand.
  • 2008: PFFCASTAR for excellence in packaging for India Gate Window Metallized Pack with Mat Finish.
  • 2008-09: APEDA Award, Golden Trophy, for the largest exporter of Basmati rice.
  • 2015: NAAS India, Silver Jubilee Award for the Basmati rice trade development in India.
  • 2016: Guinness World Records for the world’s heaviest bag of rice, UAE.

Key events and milestones

  • 1889: KRBL started its journey at Lyallpur, Pakistan.
  • 1890 to 1990: Shifted focus from oil, wheat and cotton to rice production. Also shifted base from Lyallpur to Lahori Gate, Delhi.
  • 1992: Established KRBL’s first state-of-the-art basmati processing plant at Gautam Budh Nagar, Uttar Pradesh.
  • 1993: Registered as a Public Limited Company.
  • 1995: KRBL got listed at BSE, Delhi Stock Exchange and Ahmedabad Stock Exchange.
  • 1998: Received ISO-9002 certification for the Alipur, Delhi plant.
  • 1998: KRBL entered the Indian FMCG market with India Gate and Doon as its rice brands.
  • 2001: Received ISO9002 certification for the Gautam Budh Nagar Plant, Uttar Pradesh.
  • 2003: KRBL is the first Indian company to receive FDI approval in the Indian rice industry.
  • 2004: Received the HACCP & SQF certification.
  • 2004: Set up KRBL’s processing, grading, and packaging facility at Dhuri, Punjab.
  • 2006: KRBL issued depositary receipts (DR) worth $ 12 million.
  • 2006: KRBL entered into wind power business.
  • 2009: Crossed the Rs 1,000 crore revenue landmark.
  • 2013: Crossed the Rs 2,000 crores revenue landmark.
  • 2013: KRBL entered into solar power business.
  • 2016: Received the Halal certification for its manufacturing facilities.
  • 2016: KRBL set up its fourth facility at Haryana.
  • 2017: Strengthened KRBL’s energy portfolio with total capacity of 112.25 MW in wind power, 15 MW in solar projects and 17.59 MW in biomass.
  • 2017: KRBL’s rice mill and processing unit received certification for complying with SOP for export of rice products to China and the US.
  • 2019-2020: Crossed the Rs 4,000 crore revenue landmark.
  • 2019-2020: Trademark registration of its flagship brand ‘INDIA GATE’ registered on August 12, 2019 with a user claim since January 01, 1979.
  • 2019-2020: A moment of pride for the company, as KRBL got featured on Discovery Channel in Flagship series ‘Inside Out’ ‘God of Grains’.
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