KELENRG
Keltech Energies financials
- Market cap
- ₹462 Cr
Quarterly results
Q1 FY27: revenue up 27.8%, net profit down 1.6% 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 | 103 | 117 | 140 | 143 | 117 +14% | 128 +9% | 143 +2% | 183 +28% |
| EBITDA | 8 | 10 | 10 | 13 | 8 +7% | 9 −2% | 11 +6% | 14 +10% |
| Net profit | 6 | 6 | 7 | 8 | 6 +12% | 6 +1% | 8 +23% | 8 −2% |
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 +185.6% 1Y
1Y: ₹4,132.35 on 10 Sept 2025 → ₹11,801.3. High ₹14,740 (25 Aug 2026), low ₹3,005.05 (30 Mar 2026).
Financials, as filed
Revenue grew 8.7% a year over 2 years, FY24 to FY26. Operating margin held at 7.7%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹450 Cr | ₹488 Cr | ₹532 Cr |
| Operating profit | ₹33 Cr | ₹37 Cr | ₹41 Cr |
| Operating margin | 7.4% | 7.6% | 7.7% |
| Interest | ₹4 Cr | ₹4 Cr | ₹4 Cr |
| Depreciation | ₹7 Cr | ₹7 Cr | ₹8 Cr |
| Net profit | ₹19 Cr | ₹25 Cr | ₹29 Cr |
| Net margin | 4.3% | 5.1% | 5.4% |
| Cash from operations | ₹51 Cr | ₹-18 Cr | ₹48 Cr |
| Free cash flow | ₹27 Cr | ₹-30 Cr | ₹-37 Cr |
| ROCE | 26.0% | 26.0% | 20.0% |
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 | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Reserves | ₹63 Cr | ₹69 Cr | ₹80 Cr | ₹99 Cr | ₹138 Cr | ₹152 Cr |
| Borrowings | ₹24 Cr | ₹31 Cr | ₹32 Cr | ₹25 Cr | ₹45 Cr | ₹73 Cr |
| Other liabilities | ₹54 Cr | ₹77 Cr | ₹92 Cr | ₹98 Cr | ₹129 Cr | ₹129 Cr |
| Total liabilities | ₹141 Cr | ₹177 Cr | ₹205 Cr | ₹223 Cr | ₹313 Cr | ₹355 Cr |
| Fixed assets | ₹54 Cr | ₹70 Cr | ₹69 Cr | ₹71 Cr | ₹66 Cr | ₹117 Cr |
| Capital work in progress | ₹6 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹38 Cr | ₹38 Cr |
| Investments | ₹0 Cr | ₹7 Cr | ₹10 Cr | ₹20 Cr | ₹15 Cr | ₹13 Cr |
| Other assets | ₹82 Cr | ₹100 Cr | ₹125 Cr | ₹130 Cr | ₹194 Cr | ₹186 Cr |
| Total assets | ₹141 Cr | ₹177 Cr | ₹205 Cr | ₹223 Cr | ₹313 Cr | ₹355 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 8% to 6,244.
- Promoters
- 54.3%
- DIIs
- 0.2%
- Public
- 45.5%
Since Jun 2025
- DIIs +0.02 pp
- Public −0.02 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 54.3%, DIIs 0.1%, Public 45.5%.Dec '23: Promoters 54.3%, DIIs 0.1%, Public 45.5%.Mar '24: Promoters 54.3%, DIIs 0.1%, Public 45.5%.Jun '24: Promoters 54.3%, DIIs 0.1%, Public 45.5%.Sep '24: Promoters 54.3%, DIIs 0.1%, Public 45.5%.Dec '24: Promoters 54.3%, DIIs 0.1%, Public 45.5%.Mar '25: Promoters 54.3%, DIIs 0.1%, Public 45.5%.Jun '25: Promoters 54.3%, DIIs 0.1%, Public 45.5%.Sep '25: Promoters 54.3%, DIIs 0.1%, Public 45.5%.Dec '25: Promoters 54.3%, DIIs 0.1%, Public 45.5%.Mar '26: Promoters 54.3%, DIIs 0.1%, Public 45.5%.Jun '26: Promoters 54.3%, DIIs 0.2%, Public 45.5%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Keltech Energies Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Chowgule And Company Pvt Ltd | 40.99% | unchanged |
| Dolphin Investment Limited | 9.36% | unchanged |
| Vijay Vishwasrao Chowgule | 3.97% | unchanged |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 2.51% | unchanged |
| Mahendra Girdharilal Wadhwani | 1.50% | unchanged |
| Ashok Vishwasrao Chowgule | 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.
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