530215
Kings Infra financials
- Market cap
- ₹204 Cr
- Sector
- Fast Moving Consumer Goods
- Calls analysed
- 2
Kings Infra Q1 FY26
Revenue ₹34 cr (+22% YoY); EBITDA ₹7 cr (+30% YoY); EPS ₹1.48 (+24% YoY). Revenue of ₹34.35 crores, up almost 22% YoY.
Read the full call →What Kings Infra does
Kings Infra Ventures farms shrimp using land-based recirculating aquaculture and biofloc systems, then processes and exports the catch through its own facilities to international markets. It also sells branded ready-to-cook and ready-to-eat seafood domestically under the Kings Frigo and Kings Bento brands, offers aquaculture consultancy, and undertakes food-related infrastructure development including monetisation of its land holdings.
Segments
- Aquaculture Operations
- Seafood Exports
- Branded Retail
- Infrastructure & Land Monetisation
- Processing facilities
- 3 (Vizag, Tuticorin, Kollam)
- Farm productivity
- 16-20 tonnes/hectare (vs. 3-5 t/ha industry average)
- Farm survival rate
- 90-95% (vs. 65-70% national average)
- Production cycle length
- ~100 days per crop
- Processing capacity added (new factory)
- 1,800 MT/year
- Export markets
- China, Europe, South Korea, Vietnam, Middle East
Guidance record · Q1 FY26
what the last two calls moved 8 tracked 0 delivered 3 missed 5 open- China Sales Volume (Golian) went quiet said Q3 FY25 Promised: 15 to 20 containers per month in the next season. Q1 FY26: No mention of China or Golian; focus shifted entirely to LX International, Canada, UK, and Middle East.
- Number of Crops per Year revised up said Q3 FY25 Promised: Achieved 3 crops (up from 2). Q1 FY26: Targeting to go up to 5 crops a year.
- Maritech Eco Park Commercial Production on track said Q3 FY25 Promised: Commercial production within 24 to 30 months; 18 months construction. Q1 FY26: Phase 1 in Tuticorin expected to complete in another 12 months, aligning with the original multi-year timeline.
All 8 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue down 10.8%, net profit down 38.1% 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 | 30 | 33 | 32 | 34 | 43 +42% | 37 +11% | 47 +46% | 30 −11% |
| EBITDA | 6 | 7 | 5 | 7 | 8 +26% | 6 −11% | 9 +66% | 5 −26% |
| Net profit | 3 | 4 | 3 | 3 | 4 +22% | 3 −22% | 5 +97% | 2 −38% |
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 −50.9% 1Y
1Y: ₹172.45 on 10 Sept 2025 → ₹84.6. High ₹172.45 (10 Sept 2025), low ₹82.81 (8 Sept 2026).
Financials, as filed
Revenue grew 38.2% a year over 3 years, FY23 to FY26. Operating margin widened to 18.4%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹61 Cr | ₹90 Cr | ₹124 Cr | ₹161 Cr |
| Operating profit | ₹10 Cr | ₹14 Cr | ₹23 Cr | ₹30 Cr |
| Operating margin | 16.9% | 15.7% | 18.9% | 18.4% |
| Interest | ₹3 Cr | ₹4 Cr | ₹5 Cr | ₹7 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹2 Cr |
| Net profit | ₹6 Cr | ₹8 Cr | ₹13 Cr | ₹16 Cr |
| Net margin | 9.5% | 8.4% | 10.4% | 9.9% |
| Cash from operations | ₹-2 Cr | ₹-4 Cr | ₹-4 Cr | ₹8 Cr |
| Free cash flow | ₹-2 Cr | ₹-5 Cr | ₹-16 Cr | ₹8 Cr |
| ROCE | — | 17.0% | 20.0% | 19.0% |
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 | ₹24 Cr | ₹24 Cr | ₹24 Cr | ₹25 Cr | ₹25 Cr | ₹25 Cr |
| Reserves | ₹4 Cr | ₹7 Cr | ₹12 Cr | ₹33 Cr | ₹55 Cr | ₹62 Cr |
| Borrowings | ₹23 Cr | ₹23 Cr | ₹29 Cr | ₹37 Cr | ₹69 Cr | ₹78 Cr |
| Other liabilities | ₹4 Cr | ₹4 Cr | ₹6 Cr | ₹6 Cr | ₹16 Cr | ₹14 Cr |
| Total liabilities | ₹54 Cr | ₹57 Cr | ₹71 Cr | ₹101 Cr | ₹164 Cr | ₹180 Cr |
| Fixed assets | ₹22 Cr | ₹21 Cr | ₹21 Cr | ₹21 Cr | ₹26 Cr | ₹25 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹6 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹33 Cr | ₹36 Cr | ₹50 Cr | ₹79 Cr | ₹139 Cr | ₹148 Cr |
| Total assets | ₹54 Cr | ₹57 Cr | ₹71 Cr | ₹101 Cr | ₹164 Cr | ₹180 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, the public trimmed −0.22 pp while promoters added +0.21 pp. The shareholder count shrank 4% to 9,627.
- Promoters
- 69.0%
- Public
- 31.0%
Since Jun 2025
- Public −0.22 pp
- Promoters +0.21 pp
How it drifted, 12 quarters
Over this window the public went from 28.3% to 31.0% — +2.7 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 71.7%, Public 28.3%.Dec '23: Promoters 71.7%, Public 28.3%.Mar '24: Promoters 68.8%, Public 31.2%.Jun '24: Promoters 68.8%, Public 31.2%.Sep '24: Promoters 68.8%, Public 31.2%.Dec '24: Promoters 68.8%, Public 31.2%.Mar '25: Promoters 68.8%, Public 31.2%.Jun '25: Promoters 68.8%, Public 31.2%.Sep '25: Promoters 68.8%, Public 31.2%.Dec '25: Promoters 68.8%, Public 31.2%.Mar '26: Promoters 69.0%, Public 31.0%.Jun '26: Promoters 69.0%, Public 31.0%.
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.
- Rita Shaji John +4.08 pp 6.81% held
The same filing shows 2 holders trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Kings Infra above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Venus Fisheries Private Limited | 19.11% | unchanged |
| Shaji Baby John | 16.15% | −4.08 pp |
| Rita Shaji John | 6.81% | +4.08 pp |
| Baby John Shaji | 5.88% | unchanged |
| Kings Properties And Housing Limited | 5.10% | unchanged |
| Goodtimes India Holidays And Travels | 5.10% | unchanged |
| Kings Infomatica Solutions | 5.10% | unchanged |
| Shibu Baby John | 1.93% | unchanged |
| Sushil Lahoti | 1.67% | unchanged |
| Sameera Chandra | 1.26% | −0.09 pp |
| King Fisheries Limited | 1.06% | unchanged |
| Rajeshkumar Jhunjhunwala | 1.02% | 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.
What the price assumes
AttractiveTo justify its price of ₹85, this stock must grow earnings at 6% every year for 7 years. Our analysis caps realistic growth at ~38%. At that growth it is worth ₹421 — upside of 398%.
- Growth the price implies
- 6.5% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 39.8% a year
- net profit, FY23–FY26 · EPS 38.1%
- The gap
- -0.3 pp
- 398% downside if it only repeats history
All earnings calls (2)
Read the Q1 FY26 call →Learn to analyse Kings Infra
Guides on how to read this kind of business and the numbers that matter.