Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Kalyani Investment Company Limited

NSE: KICLInvestment Company

Share price

₹4,692.00

-3.89% close of 8 Oct 2026

Market cap ₹1,877 CrP/E 45.8

Business score

How strong the business is, in one number. The parts behind it are in Pro.

45

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹1,877 Cr

P/E ratio

45.8

P/B ratio

0.2

ROCE

0.5%

ROE

0.4%

Dividend yield

0.2%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹6,298.9052-week low ₹4,025.00

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step up at Sep 2021 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Sep 2021 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

At 45.8× earnings it costs 1.9× the market, which pays 23.9× across 2199 companies we can price. Its own industry sits at 24.0×, across 5 companies. It is against its own five-year median of 24.2×, the 92nd percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
Kalyani Investment Company Limited — this one-14%/yr45.8×—
Jio Financial Services Limited293%/yr64.9×—
Aditya Birla Capital Limited-7%/yr24.0×—
Tata Investment Corporation Limited20%/yr72.1×₹3.6
Cholamandalam Financial Holdings Limited24%/yr9.8×₹0.41
TVS Holdings Limited40%/yr11.6×₹0.29

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Investment Company), it ranks 28 of 38 on returns, 10 of 34 on growth, 19 of 39 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 0.5% on capital, ahead of 26% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹59 crore of cash before any plant spend. And the profit is not backed by cash: it reported a profit over 11 years and consumed cash from the business. Its cash comes back more slowly than it used to: it went from being paid 19 days before it paid its own suppliers to paid 12 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

Not enough filed accounts to run these checks yet.

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 13 Aug 2026 · Consolidated · Unaudited

Revenue

₹6 Cr

Revenue vs last year

-0.9%

Revenue vs last quarter

-73.0%

Net profit

₹1 Cr

Profit vs last quarter

-96.4%

Net margin

11.5%

EPS

₹1.57

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹1,877 Cr
Prev close
₹4,692.00
52w High
₹6,555
52w Low
₹4,011
Enterprise value
₹1,567 Cr
Beta
1.3
Price CAGR 1y
-4.0%
Price CAGR 3y
19.0%
Price CAGR 5y
18.0%
Price CAGR 10y
14.0%

Ratios

Return on assets
0.3%
PEG ratio
-3.6
P/E ratio
45.8
P/B ratio
0.2
EV / EBITDA
31.7
Industry P/E
22.9
ROCE
0.5%
ROCE 5y average
0.8%
ROE
0.4%
Debt / Equity
0.0
Interest coverage
—
Dividend yield
0.2%
ROE 3y average
1.0%
ROE last year
0.0%

Annual P&L

Annual revenue
₹78 Cr
Annual profit
₹37 Cr
Operating margin
63.0%
Net profit margin
47.4%
EBITDA margin
62.8%
Sales growth 3y
11.7%
Sales growth 5y
57.7%
Profit growth 3y
-14.0%
Profit growth 5y
1.0%
EPS
₹84.2
Sales growth TTM
-1.0%
Profit growth TTM
-37.0%
Dividend payout
12.0%

Quarter P&L

Sales latest quarter
₹6 Cr
Profit latest quarter
₹1 Cr
YoY quarterly sales growth
2.9%
YoY quarterly profit growth
—
OPM latest quarter
16.6%

Balance Sheet

Book Value
₹28,478
Face Value
₹10.0
Total debt
₹0 Cr
Total cash
₹310 Cr
Borrowings
₹0 Cr
Reserves / Equity
2846.8

Cash Flow

Operating cash flow
-₹18 Cr
Free cash flow
-₹18 Cr
FCF yield
-1.0%
Net cash flow
₹0 Cr

Shareholding

Promoter holding
75.0%
FII holding
0.6%
DII holding
0.6%
Public holding
23.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Jio Financial216.4469.21,42,9180.28830.3174.42,004.5227.31.9
Aditya Birla Cap372.1025.31,01,8760.001,223.940.112,179.528.28.7
Tata Inv.Corpn.615.3072.331,1310.55143.5-1.9151.74.31.6
Chola Financial1,402.709.926,3400.091,789.039.311,113.619.69.8
TVS Holdings11,735.0011.923,7420.731,173.681.917,076.234.016.9
Mah. Scooters12,242.0050.213,9911.803.3-90.65.4-81.51.1
JSW Holdings11,272.00100.012,5120.0021.59.234.615.00.5
Kalyani Invest.4,881.9052.52,1330.200.7121.46.02.90.5
Median450.0525.39980.0010.917.110.122.31.6

Competes with: Aditya Birla Capital Limited, Cholamandalam Financial Holdings Limited, JSW Holdings Limited, Jio Financial Services Limited, Maharashtra Scooters Limited, TVS Holdings Limited, Tata Investment Corporation Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales3.48394.36204.81465.62215.78446.54225.95
Expenses0.621.161.311.430.770.805.132.409.82174.202.814.96
Material Cost000000
Change in Inventories000000
Purchases of Stock-in-Trade000000
Employee Cost0.130.120.130.220.150.14
Other Expenses2.272.675.792.142.662.49
Operating Profit2.86383.05194.04460.4919-4.04272.34190.99
OPM %8297709384988.7289-7062368717
Other Income2.173.945.06181.605.745.39160004.510
Exceptional items (within Other Income)16-7.03-11-1.854.51-2.32
Interest0000000000000
Depreciation0.020.030.030.020.020.030.020.0100000
Profit before tax5.01418.08375.62515.8635-4.04272.34240.99
Tax %2625252126254526-2130271831
Net Profit3.72316.08294.17383.2326-3.18191.71190.68
EPS in Rs8.527114679.55887.4059-7.28433.92441.56
Diluted EPS in Rs59-7.29433.92441.57

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales38102832428315667787878
Expenses22235333592929
Material Cost00
Change in Inventories00
Purchases of Stock-in-Trade00
Employee Cost0.490.62
Other Expenses8.6213
Operating Profit3682629375285362694949
OPM %958092908760919593886363
Other Income-12-0253227424425292805
Exceptional items (within Other Income)28-15
Interest000000000000
Depreciation000000000.100.0900
Profit before tax24851616346717791974954
Tax %0-0-0024252025232725
Net Profit372851614835575870723741
EPS in Rs8464116140110791311331601648493
Diluted EPS in Rs16484
Dividend Payout %000000000012

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
7%
5 years
58%
3 years
12%
TTM
-1%

Compounded profit growth

10 years
-3%
5 years
1%
3 years
-14%
TTM
-37%

Stock price CAGR

10 years
14%
5 years
18%
3 years
19%
1 year
-4%

Return on equity

10 years
1%
5 years
1%
3 years
1%
Last year
0%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital444444444.374.374.37
Reserves4344595,0443,7732,0044,6235,3465,8478,3008,71111,387
Borrowings00000000000
Other Liabilities1917124451131151644745941,043
Total Liabilities4584805,0613,7812,0544,7415,4666,0158,7799,31012,434
Fixed Assets11111000000
CWIP00000000000
Investments4574795,0583,7802,0174,6845,3805,8888,5969,06312,124
Other Assets0020365786127183247311
Total Assets4584805,0613,7812,0544,7415,4666,0158,7799,31012,434

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity13-010301-23-9-4-12-16-18
Cash from Investing Activity-130-9-32-12394121618
Cash from Financing Activity00000000000
Net Cash Flow0-02-20-000-00-0
Free Cash Flow13-010301-23-9-4-12-16-18

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days00000000000
Cash Conversion Cycle00000000000
Working Capital Days-25-601-2-1381-18-19-12-13-13-12
ROCE %2212111110

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters757575757575757575757575
FIIs2.311.901.391.241.060.390.510.550.570.650.650.64
DIIs0.050.010.130.180.180.400.400.230.230.470.510.56
Public232323242424242424242424
No. of Shareholders18,21118,61519,63720,57020,47325,42826,13426,04125,54525,24524,50223,781

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -5.9% (₹4,987.80 → ₹4,692.00)Brick size ₹159.90 (fixed)Bricks 40
₹4,000₹5,000₹6,000₹4,692Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹4,692.00 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-310inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

40,96,00,000inr

2026-03-31

News

News and filings about Kalyani Investment Company Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Financial Services
Industry
Investment Company
Classification
Financial Services › Investment Company
ISIN
INE029L01018

News impact

Big market events that reach Kalyani Investment Company Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

14 Aug 2026unspecified₹10

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.