532468
Kama Holdings share price & financials
- Price
- ₹2,622.75
- Market cap
- ₹7.3k Cr
- Sector
- Financial Services
What Kama Holdings does
Kama Holdings is registered as a Core Investment Company (CIC) under RBI's Core Investment Companies (Reserve Bank) Directions, 2016, and does not carry out any manufacturing activity of its own. It earns primarily through dividend and other income from its shareholding in group companies, chiefly SRF Limited (technical textiles, specialty chemicals, fluorochemicals and packaging films). Its other subsidiaries operate in unrelated group businesses: an NBFC holding company (SRF Transnational Holdings), school management/education services (Shri Educare in India and the Maldives), and real estate acquisition and rental (KAMA Realty (Delhi) and KAMA Real Estate Holdings LLP).
Segments
- Investment holding
- Subsidiaries held
- 6 (SRF Limited, SRF Transnational Holdings, Shri Educare, Shri Educare Maldives, KAMA Realty (Delhi), KAMA Real Estate Holdings LLP)
- Principal investee company
- SRF Limited — technical textiles, specialty chemicals, fluorochemicals and packaging films
- Regulatory classification
- Core Investment Company (CIC) under RBI directions
- Non-core business lines held
- School management (Shri Educare, India and Maldives) and real estate acquisition/rental (KAMA Realty, KAMA Real Estate Holdings LLP)
Quarterly results
Q1 FY27: net profit down 28.9% 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 | 54 | 0 | 56 | 0 | 60 +11% | 0 | 76 +36% | 0 |
| EBITDA | 53 | -0 | 54 | -0 | 59 +11% | -1 −130% | 74 +38% | -0 −29% |
| Net profit | 52 | -0 | 54 | -0 | 59 +12% | -1 −170% | 74 +37% | -0 −29% |
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 −24.8% 1Y
1Y: ₹3,017.7 on 10 Sept 2025 → ₹2,270. High ₹3,129.4 (21 Oct 2025), low ₹0 (31 Oct 2025).
Financials, as filed
Revenue fell 77.2% a year over 3 years, FY23 to FY26. Operating margin widened to 97.3%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹11.4k Cr | ₹319 Cr | ₹110 Cr | ₹135 Cr |
| Operating profit | ₹2.8k Cr | ₹316 Cr | ₹105 Cr | ₹132 Cr |
| Operating margin | 25.0% | 99.2% | 96.3% | 97.3% |
| Interest | ₹139 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹419 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹1.8k Cr | ₹309 Cr | ₹105 Cr | ₹131 Cr |
| Net margin | 15.9% | 97.1% | 96.2% | 97.1% |
| Cash from operations | ₹33 Cr | ₹74 Cr | ₹139 Cr | ₹130 Cr |
| Free cash flow | ₹33 Cr | ₹74 Cr | ₹139 Cr | ₹130 Cr |
| ROCE | 40.0% | 42.0% | 12.0% | 16.0% |
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 | ₹6 Cr | ₹6 Cr | ₹6 Cr | ₹32 Cr | ₹32 Cr | ₹32 Cr |
| Reserves | ₹571 Cr | ₹571 Cr | ₹651 Cr | ₹821 Cr | ₹7.6k Cr | ₹817 Cr |
| Borrowings | ₹14 Cr | ₹14 Cr | ₹0 Cr | ₹0 Cr | ₹4.6k Cr | ₹0 Cr |
| Other liabilities | ₹71 Cr | ₹73 Cr | ₹2 Cr | ₹2 Cr | ₹11.1k Cr | ₹78 Cr |
| Total liabilities | ₹662 Cr | ₹664 Cr | ₹659 Cr | ₹855 Cr | ₹23.3k Cr | ₹927 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹14.0k Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1.2k Cr | ₹0 Cr |
| Investments | ₹432 Cr | ₹432 Cr | ₹431 Cr | ₹429 Cr | ₹1.5k Cr | ₹429 Cr |
| Other assets | ₹229 Cr | ₹232 Cr | ₹228 Cr | ₹426 Cr | ₹6.6k Cr | ₹498 Cr |
| Total assets | ₹662 Cr | ₹664 Cr | ₹659 Cr | ₹855 Cr | ₹23.3k Cr | ₹927 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
The ownership split has held steady since Jun 2025. The shareholder count shrank 11% to 13,888.
- Promoters
- 75.0%
- FIIs
- 0.2%
- DIIs
- 0.0%
- Public
- 24.7%
Since Jun 2025
- FIIs −0.06 pp
- Public +0.06 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 75.0%, FIIs 0.1%, DIIs 0.0%, Public 24.8%.Dec '23: Promoters 75.0%, FIIs 0.2%, Public 24.8%.Mar '24: Promoters 75.0%, FIIs 0.3%, Public 24.7%.Jun '24: Promoters 75.0%, FIIs 0.2%, Public 24.8%.Sep '24: Promoters 75.0%, FIIs 0.2%, Public 24.8%.Dec '24: Promoters 75.0%, FIIs 0.2%, DIIs 0.0%, Public 24.7%.Mar '25: Promoters 75.0%, FIIs 0.3%, DIIs 0.0%, Public 24.7%.Jun '25: Promoters 75.0%, FIIs 0.3%, DIIs 0.0%, Public 24.7%.Sep '25: Promoters 75.0%, FIIs 0.3%, DIIs 0.0%, Public 24.6%.Dec '25: Promoters 75.0%, FIIs 0.3%, DIIs 0.0%, Public 24.7%.Mar '26: Promoters 75.0%, FIIs 0.2%, DIIs 0.0%, Public 24.7%.Jun '26: Promoters 75.0%, FIIs 0.2%, DIIs 0.0%, Public 24.7%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Kama Holdings above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| ABR Family Trust through its Trustees Ashish Bharat Ram and Kartik Bharat Ram | 75.00% | unchanged |
| Vistra Itcl India Limited | 5.95% | unchanged |
| Ricky Ishwardas Kirpalani | 4.71% | unchanged |
| Haresh Tikamdas Kaswani | 4.49% | unchanged |
| KARM Farms LLP | 0.00% | unchanged |
| Srishti Westend Greens Farms Llp | 0.00% | unchanged |
| Karmav Real Estate Holdings LLP | 0.00% | unchanged |
| Vasvi Bharat Ram | 0.00% | unchanged |
| Radhika Bharat Ram | 0.00% | unchanged |
| Kairavi Bharat Ram | 0.00% | unchanged |
| Apoorvi Bharat Ram | 0.00% | unchanged |
| Maahir Bharat Ram | 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 Kama Holdings
Guides on how to read this kind of business and the numbers that matter.