537750
Kiran Vyapar financials
- Market cap
- ₹565 Cr
- Sector
- Financial Services
What Kiran Vyapar does
Kiran Vyapar Limited is a non-banking investment and financing company within the L N Bangur (LNB) Group. Its core activity is granting and availing inter-corporate loans to and from its subsidiary, associate and promoter-group companies, and subscribing to shares and securities issued by its subsidiary, Shree Krishna Agency Limited. The company's business is thus built around intra-group lending and holding investments in related entities rather than manufacturing or trading operations.
Segments
- Investment & inter-corporate lending
- Subsidiary companies
- 1 (Shree Krishna Agency Limited)
- Associate companies in lending network
- 2 (Placid Limited, LNB Renewable Energy Limited)
- Promoter-group companies in lending network
- 5 (Maharaja Shree Umaid Mills, The General Investment Company, Navjyoti Commodity Management Services, Sidhidata Tradecomm, The Peria Karamalai Tea & Produce Co.)
- Total group entities transacted with (inter-corporate loans)
- 8
Quarterly results
Q1 FY27: revenue up 41.9%, net profit down 5.6% 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 | 36 | 14 | -2 | 18 | 17 −52% | 14 −1% | 13 +857% | 26 +42% |
| EBITDA | 38 | 14 | -7 | 18 | 13 −66% | — | — | — |
| Net profit | 28 | 2 | -12 | 9 | 1 −95% | -2 −180% | 3 +127% | 8 −6% |
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 −6.9% 1Y
1Y: ₹217.55 on 10 Sept 2025 → ₹202.45. High ₹224.15 (24 Sept 2025), low ₹150.85 (4 Jun 2026).
Financials, as filed
Revenue grew 5.3% a year over 3 years, FY23 to FY26.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹54 Cr | ₹64 Cr | ₹73 Cr | ₹63 Cr |
| Operating profit | ₹35 Cr | ₹53 Cr | ₹68 Cr | — |
| Operating margin | 65.5% | 81.5% | 93.0% | — |
| Interest | ₹6 Cr | ₹8 Cr | ₹14 Cr | ₹30 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹42 Cr | ₹35 Cr | ₹36 Cr | ₹11 Cr |
| Net margin | 77.2% | 54.2% | 48.5% | 17.8% |
| Cash from operations | ₹5 Cr | ₹82 Cr | ₹-10 Cr | ₹-10 Cr |
| Free cash flow | ₹5 Cr | ₹82 Cr | ₹-10 Cr | ₹-10 Cr |
| ROE | 3.0% | 6.0% | 3.0% | 1.0% |
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 | ₹27 Cr | ₹27 Cr | ₹27 Cr | ₹27 Cr | ₹27 Cr | ₹27 Cr |
| Reserves | ₹729 Cr | ₹836 Cr | ₹873 Cr | ₹1.0k Cr | ₹2.2k Cr | ₹1.2k Cr |
| Borrowings | ₹29 Cr | ₹35 Cr | ₹128 Cr | ₹69 Cr | ₹356 Cr | ₹496 Cr |
| Other liabilities | ₹30 Cr | ₹51 Cr | ₹59 Cr | ₹76 Cr | ₹170 Cr | ₹83 Cr |
| Total liabilities | ₹816 Cr | ₹950 Cr | ₹1.1k Cr | ₹1.2k Cr | ₹2.8k Cr | ₹1.8k Cr |
| Fixed assets | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹2 Cr | ₹1 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹578 Cr | ₹728 Cr | ₹880 Cr | ₹1.1k Cr | ₹2.3k Cr | ₹1.6k Cr |
| Other assets | ₹237 Cr | ₹222 Cr | ₹207 Cr | ₹130 Cr | ₹425 Cr | ₹197 Cr |
| Total assets | ₹816 Cr | ₹950 Cr | ₹1.1k Cr | ₹1.2k Cr | ₹2.8k Cr | ₹1.8k 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 13% to 4,962.
- Promoters
- 75.0%
- Public
- 25.1%
Since Jun 2025
- Promoters 0.00 pp
- Public 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 75.0%, Public 25.0%.Dec '23: Promoters 75.0%, Public 25.0%.Mar '24: Promoters 75.0%, Public 25.0%.Jun '24: Promoters 75.0%, Public 25.0%.Sep '24: Promoters 75.0%, Public 25.0%.Dec '24: Promoters 75.0%, Public 25.0%.Mar '25: Promoters 75.0%, Public 25.1%.Jun '25: Promoters 75.0%, Public 25.1%.Sep '25: Promoters 75.0%, Public 25.0%.Dec '25: Promoters 75.0%, Public 25.0%.Mar '26: Promoters 75.0%, Public 25.1%.Jun '26: Promoters 75.0%, Public 25.1%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Kiran Vyapar above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Placid Limited | 33.86% | unchanged |
| Maharaja Shree Umaid Mills Limited | 20.86% | unchanged |
| Lakshmi Niwas Bangur | 6.45% | unchanged |
| Amit Mehta | 5.00% | unchanged |
| Pan Emami Cosmed Limited | 4.86% | unchanged |
| Alka Devi Bangur | 2.76% | unchanged |
| Akhyar Estate Holdings Private Limited | 2.44% | unchanged |
| Yogesh Bangur | 2.40% | unchanged |
| Shreeyash Bangur | 2.08% | unchanged |
| Apurva Export Pvt Ltd | 1.98% | unchanged |
| Lakshmi Niwas Bangur (Huf) | 1.70% | unchanged |
| Sanghai Commercial And Credits Pvt Ltd | 1.55% | 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 Kiran Vyapar
Guides on how to read this kind of business and the numbers that matter.