539788
Khemani Distrib. financials
- Market cap
- ₹261 Cr
- Sector
- Consumer Services
What Khemani Distrib. does
Khemani Distributors and Marketing Limited is a FMCG distribution and marketing company headquartered in Surat, Gujarat, established in 2011. It operates as a key channel partner and re-distribution stockist of Hindustan Unilever Limited (HUL), using a supply chain and dealer network to make HUL's product portfolio available across General Trade (kirana/traditional retail) and Modern Trade outlets. The company also promotes HUL's e-B2B ordering platform Shikhar to digitise ordering at the kirana/retailer level as part of its last-mile distribution activity.
Segments
- FMCG distribution (HUL re-distribution stockist)
- Principal FMCG partner
- Hindustan Unilever Limited (HUL)
- Trade channels covered
- General Trade & Modern Trade
- Retail outlets served
- Thousands of retail outlets
Quarterly results
Q4 FY26: revenue down 60.0%, net profit down 375.0% against the same quarter last year.
| Line item | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 38 | 43 | 67 | 45 | 37 −3% | 51 +19% | 50 −25% | 18 −60% |
| EBITDA | 4 | 3 | 28 | 10 | 1 −75% | 14 +367% | 3 −89% | -32 −420% |
| Net profit | 3 | 2 | 23 | 8 | 4 +33% | 10 +400% | 9 −61% | -22 −375% |
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 −0.4% 1Y
1Y: ₹114.05 on 14 Jul 2025 → ₹113.65. High ₹132.9 (19 Dec 2025), low ₹113.65 (24 Aug 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr |
| Reserves | ₹27 Cr | ₹32 Cr | ₹37 Cr | ₹68 Cr | ₹90 Cr | ₹68 Cr |
| Borrowings | ₹3 Cr | ₹5 Cr | ₹11 Cr | ₹4 Cr | ₹4 Cr | ₹33 Cr |
| Other liabilities | ₹0 Cr | ₹1 Cr | ₹4 Cr | ₹2 Cr | ₹5 Cr | ₹8 Cr |
| Total liabilities | ₹43 Cr | ₹50 Cr | ₹63 Cr | ₹87 Cr | ₹112 Cr | ₹120 Cr |
| Fixed assets | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹2 Cr | ₹1 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹11 Cr | ₹10 Cr | ₹10 Cr | ₹43 Cr | ₹64 Cr | ₹67 Cr |
| Other assets | ₹31 Cr | ₹39 Cr | ₹52 Cr | ₹42 Cr | ₹46 Cr | ₹52 Cr |
| Total assets | ₹43 Cr | ₹50 Cr | ₹63 Cr | ₹87 Cr | ₹112 Cr | ₹120 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 Mar 2026
The ownership split has held steady since Mar 2025. The shareholder count grew 3% to 78.
- Promoters
- 75.0%
- Public
- 25.0%
Since Mar 2025
- Promoters 0.00 pp
- Public 0.00 pp
How it drifted, 12 quarters
Over this window promoters went from 31.2% to 75.0% — +43.8 pp.
Ownership split by quarter, oldest first. Oct '20: Promoters 31.2%, Public 68.8%.Mar '21: Promoters 42.0%, Public 58.0%.Sep '21: Promoters 42.0%, Public 58.0%.Mar '22: Promoters 42.1%, Public 57.9%.Sep '22: Promoters 46.7%, Public 53.3%.Mar '23: Promoters 46.7%, Public 53.3%.Sep '23: Promoters 49.1%, Public 50.9%.Mar '24: Promoters 75.8%, Public 24.2%.Sep '24: Promoters 75.8%, Public 24.2%.Mar '25: Promoters 75.0%, Public 25.0%.Sep '25: Promoters 75.0%, Public 25.0%.Mar '26: Promoters 75.0%, Public 25.0%.
Who is on the register
Named in the Mar 2026 filing
Every holder of Khemani Distrib. above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Vijaykumar Mangturam Khemani | 51.64% | unchanged |
| Natural Suppliers Private Limited | 19.86% | unchanged |
| Gryffin Advisory Services Private Limited | 14.63% | unchanged |
| Bsas Infotech Limited . | 4.69% | unchanged |
| Sushila Devi Khemani | 1.96% | unchanged |
| Onyx Partners - Rep. Vijaykumar Khemani | 1.77% | unchanged |
| Viraj Russell Mehta | 1.45% | unchanged |
| Amit Vijaykumar Khemani | 0.12% | unchanged |
| Sanju Avinash Khemani | 0.05% | unchanged |
| Anupa Amit Kumar Khemani | 0.05% | unchanged |
| Dimple Khemani | 0.05% | unchanged |
| Avinash Vijaykumar Khemani | 0.05% | 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 Khemani Distrib.
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