524174
Kesar Petroprod. financials
- Market cap
- ₹153 Cr
- Sector
- Chemicals
What Kesar Petroprod. does
Kesar Petroproducts Limited manufactures Phthalocyanine Blue Crude and its downstream pigment derivatives at an integrated site in Lote Parshuram, Maharashtra. Its product range includes CPC Crude Blue, Alpha Blue, Beta Blue and Pigment Green, which are sold to end-users in paints and coatings, plastics, printing inks, rubber and textiles. The company sells both domestically and to export markets, and is exploring co-products such as complex fertilizers and zinc phosphate from its pigment manufacturing process.
Segments
- Pigments (CPC Crude Blue)
- Pigments (Alpha Blue, Beta Blue, Pigment Green)
- Manufacturing plants
- 7 (6 for products/co-products + 1 co-generation), Lote Parshuram, Maharashtra
- Installed capacity
- 1,500 MT/month
- Capacity utilization
- ~67%
- Export presence
- 55 countries
- Employees
- 550
- CPC Crude Blue capacity utilized
- 600 of 900 MT/month
Quarterly results
Q1 FY27: revenue down 0.8%, net profit down 91.3% 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 | 49 | 50 | 41 | 50 | 50 +3% | 41 −17% | 46 +13% | 49 −1% |
| EBITDA | 3 | 4 | 5 | 9 | 7 +111% | 6 +40% | -1 −123% | 4 −52% |
| Net profit | 3 | 3 | 2 | 6 | 6 +103% | 3 −1% | -5 −356% | 1 −91% |
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 −55.9% 1Y
1Y: ₹31.51 on 10 Sept 2025 → ₹13.89. High ₹33.26 (16 Sept 2025), low ₹12.68 (31 Aug 2026).
Financials, as filed
Revenue grew 16.0% a year over 3 years, FY23 to FY26. Operating margin widened to 11.2%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹120 Cr | ₹149 Cr | ₹185 Cr | ₹187 Cr |
| Operating profit | ₹7 Cr | ₹2 Cr | ₹16 Cr | ₹21 Cr |
| Operating margin | 5.5% | 1.5% | 8.6% | 11.2% |
| Interest | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹4 Cr |
| Depreciation | ₹6 Cr | ₹4 Cr | ₹4 Cr | ₹6 Cr |
| Net profit | ₹0 Cr | ₹5 Cr | ₹10 Cr | ₹10 Cr |
| Net margin | 0.4% | 3.3% | 5.4% | 5.2% |
| Cash from operations | ₹33 Cr | ₹-20 Cr | ₹13 Cr | ₹30 Cr |
| Free cash flow | ₹-3 Cr | ₹-38 Cr | ₹-3 Cr | ₹-7 Cr |
| ROCE | 1.0% | 3.0% | 7.0% | 7.0% |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr |
| Reserves | ₹107 Cr | ₹109 Cr | ₹110 Cr | ₹115 Cr | ₹146 Cr | ₹140 Cr |
| Borrowings | ₹16 Cr | ₹21 Cr | ₹50 Cr | ₹55 Cr | ₹62 Cr | ₹72 Cr |
| Other liabilities | ₹20 Cr | ₹19 Cr | ₹18 Cr | ₹29 Cr | ₹24 Cr | ₹23 Cr |
| Total liabilities | ₹152 Cr | ₹158 Cr | ₹188 Cr | ₹209 Cr | ₹242 Cr | ₹245 Cr |
| Fixed assets | ₹51 Cr | ₹49 Cr | ₹47 Cr | ₹56 Cr | ₹62 Cr | ₹135 Cr |
| Capital work in progress | ₹3 Cr | ₹11 Cr | ₹46 Cr | ₹52 Cr | ₹78 Cr | ₹17 Cr |
| Investments | ₹37 Cr | ₹23 Cr | ₹23 Cr | ₹20 Cr | ₹18 Cr | ₹13 Cr |
| Other assets | ₹62 Cr | ₹75 Cr | ₹71 Cr | ₹82 Cr | ₹84 Cr | ₹80 Cr |
| Total assets | ₹152 Cr | ₹158 Cr | ₹188 Cr | ₹209 Cr | ₹242 Cr | ₹245 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 +4.94 pp while the public trimmed −4.48 pp. The shareholder count shrank 3% to 38,905.
- Promoters
- 68.2%
- DIIs
- 0.1%
- Public
- 31.7%
Since Jun 2025
- Promoters +4.94 pp
- Public −4.48 pp
- FIIs −0.44 pp
How it drifted, 12 quarters
Over this window the public fell from 36.1% to 31.7% — −4.4 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 63.9%, DIIs 0.0%, Public 36.1%.Dec '23: Promoters 63.9%, DIIs 0.0%, Public 36.1%.Mar '24: Promoters 63.9%, DIIs 0.0%, Public 36.1%.Jun '24: Promoters 63.9%, DIIs 0.0%, Public 36.1%.Sep '24: Promoters 63.9%, DIIs 0.0%, Public 36.1%.Dec '24: Promoters 63.9%, DIIs 0.0%, Public 36.1%.Mar '25: Promoters 63.2%, FIIs 0.4%, DIIs 0.1%, Public 36.3%.Jun '25: Promoters 63.2%, FIIs 0.4%, DIIs 0.1%, Public 36.2%.Sep '25: Promoters 63.2%, FIIs 0.2%, DIIs 0.1%, Public 36.4%.Dec '25: Promoters 63.2%, FIIs 0.2%, DIIs 0.1%, Public 36.4%.Mar '26: Promoters 63.2%, DIIs 0.1%, Public 36.6%.Jun '26: Promoters 68.2%, DIIs 0.1%, Public 31.7%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Dinesh Sharma +6.72 pp 6.72% held
- Shreyas Dinesh Sharma +4.73 pp 19.45% held
The same filing shows 3 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Kesar Petroprod. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Dinesh Sharma Huf | 26.33% | −4.08 pp |
| Shreyas Dinesh Sharma | 19.45% | +4.73 pp |
| Sharma Shruti | 15.67% | −2.43 pp |
| Dinesh Sharma | 6.72% | +6.72 pp |
| Raj Kumar | 4.48% | −0.69 pp |
| Manju Gaggar | 1.01% | unchanged |
| Shankarlal Sharma | 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 Kesar Petroprod.
Guides on how to read this kind of business and the numbers that matter.