500240
Kinetic Engg. financials
- Market cap
- ₹617 Cr
What Kinetic Engg. does
Kinetic Engineering manufactures precision automotive components at its vertically integrated Ahmednagar (Maharashtra) plant — forgings, gears, gearboxes, planet gears, sun shafts, shifter sleeves, spline yokes and stub shafts for its Transmission and Driveline verticals — supplying OEMs and Tier-1s such as Tata Motors, Mahindra, Ashok Leyland, Renault, American Axle and Magna Powertrain. For the EV segment it produces rigid axles, trans axles, chassis/body parts and two-wheeler gearbox assemblies. Through group entities Kinetic Communications Ltd (BLDC hub motors, motor controllers, EV chargers), Micro Age Instruments Pvt Ltd (Range-X brand EV batteries) and subsidiary Kinetic Watts & Volts Ltd, the group has re-entered vehicle manufacturing by relaunching the Kinetic DX as an electric scooter, sold through a growing network of Kinetic EV dealerships/showrooms.
Segments
- Transmission Vertical
- Driveline Vertical
- EV Vertical
- Manufacturing plant footprint (Ahmednagar, Maharashtra)
- 50+ acres, 32+ production sheds, 460+ machines
- Ahmednagar plant workforce
- 1,000+ employees
- EV battery manufacturing capacity (MAIPL, Range-X brand)
- 60,000 units/year
- Business verticals
- 3 — Transmission, Driveline, EV
- Kinetic EV dealership/showroom network (KWV)
- 7 operating (Pune 4, Thane 1, Gujarat 2); expanding toward ~30 by Mar-2026
- Cumulative Kinetic DX EV unit sales
- 600+ units
Quarterly results
Q1 FY27: revenue up 1.2%, net profit down 404.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 35 | 29 | 39 | 35 | 39 +11% | 36 +24% | 40 +3% | 36 +1% |
| EBITDA | 1 | -1 | 3 | -2 | 2 +117% | 2 +266% | 3 −1% | -2 −11% |
| Net profit | 2 | 3 | 1 | 1 | 0 −85% | 1 −84% | 1 −38% | -3 −404% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −26.8% 1Y
1Y: ₹323.5 on 10 Sept 2025 → ₹236.95. High ₹360.15 (1 Jan 2026), low ₹187.65 (30 Mar 2026).
Financials, as filed
Revenue grew 2.2% a year over 2 years, FY24 to FY26. Operating margin narrowed to 4.0%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹144 Cr | ₹142 Cr | ₹150 Cr |
| Operating profit | ₹8 Cr | ₹6 Cr | ₹6 Cr |
| Operating margin | 5.9% | 4.0% | 4.0% |
| Interest | ₹5 Cr | ₹5 Cr | ₹6 Cr |
| Depreciation | ₹6 Cr | ₹7 Cr | ₹5 Cr |
| Net profit | ₹5 Cr | ₹7 Cr | ₹2 Cr |
| Net margin | 3.7% | 4.7% | 1.5% |
| Cash from operations | ₹12 Cr | ₹-22 Cr | ₹-7 Cr |
| Free cash flow | ₹15 Cr | ₹-16 Cr | ₹-9 Cr |
| ROCE | 4.0% | 1.0% | 5.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY05 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity capital | ₹4 Cr | ₹20 Cr | ₹22 Cr | ₹24 Cr | ₹27 Cr |
| Reserves | ₹-30 Cr | ₹-11 Cr | ₹17 Cr | ₹85 Cr | ₹124 Cr |
| Borrowings | ₹205 Cr | ₹76 Cr | ₹58 Cr | ₹72 Cr | ₹71 Cr |
| Other liabilities | ₹180 Cr | ₹71 Cr | ₹74 Cr | ₹72 Cr | ₹49 Cr |
| Total liabilities | ₹360 Cr | ₹157 Cr | ₹171 Cr | ₹254 Cr | ₹270 Cr |
| Fixed assets | ₹131 Cr | ₹65 Cr | ₹64 Cr | ₹61 Cr | ₹51 Cr |
| Capital work in progress | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹53 Cr | ₹13 Cr |
| Investments | ₹8 Cr | ₹7 Cr | ₹19 Cr | ₹4 Cr | ₹74 Cr |
| Other assets | ₹220 Cr | ₹83 Cr | ₹89 Cr | ₹136 Cr | ₹133 Cr |
| Total assets | ₹360 Cr | ₹157 Cr | ₹171 Cr | ₹254 Cr | ₹270 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters added +3.52 pp while the public trimmed −2.74 pp.
- Promoters
- 65.0%
- FIIs
- 3.2%
- DIIs
- 0.7%
- Public
- 31.0%
Since Jun 2025
- Promoters +3.52 pp
- Public −2.74 pp
- FIIs −1.48 pp
How it drifted, 12 quarters
Over this window the public fell from 45.3% to 31.0% — −14.3 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 54.7%, DIIs 0.0%, Public 45.3%.Dec '23: Promoters 59.4%, DIIs 0.0%, Public 40.6%.Mar '24: Promoters 59.4%, DIIs 0.0%, Public 40.6%.Jun '24: Promoters 59.4%, FIIs 7.9%, DIIs 0.0%, Public 32.7%.Sep '24: Promoters 59.4%, FIIs 7.2%, DIIs 0.0%, Public 33.4%.Dec '24: Promoters 59.4%, FIIs 7.1%, DIIs 0.0%, Public 33.5%.Mar '25: Promoters 61.5%, FIIs 5.7%, DIIs 0.0%, Public 32.8%.Jun '25: Promoters 61.5%, FIIs 4.7%, DIIs 0.0%, Public 33.8%.Sep '25: Promoters 60.5%, FIIs 4.7%, DIIs 0.0%, Public 34.8%.Dec '25: Promoters 60.5%, FIIs 3.7%, DIIs 0.7%, Public 35.1%.Mar '26: Promoters 65.0%, FIIs 3.3%, DIIs 0.7%, Public 31.0%.Jun '26: Promoters 65.0%, FIIs 3.2%, DIIs 0.7%, Public 31.0%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Kinetic Engg. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Micro Age Instruments Private Limited | 20.52% | unchanged |
| Jayashree Arun Firodia | 14.59% | unchanged |
| Jayashree Firodia Trust | 12.10% | unchanged |
| Ajinkya Arun Firodia | 9.82% | unchanged |
| Arun Firodia Trust | 7.33% | unchanged |
| Ashoka Investment Holdings Limited FPI fund | 3.23% | unchanged |
| Harsha Hitesh Javeri | 1.50% | unchanged |
| Anil Laxmichand Shah | 1.32% | unchanged |
| Kiran Anil Shah | 1.01% | unchanged |
| Arun Hastimal Firodia | 0.68% | unchanged |
| Sulajja Firodia Motwani | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Kinetic Engg.
Guides on how to read this kind of business and the numbers that matter.