KESARENT
Kesar Enterprises financials
- Market cap
- ₹110 Cr
- Sector
- Fast Moving Consumer Goods
What Kesar Enterprises Ltd. does
Kesar Enterprises operates an integrated sugar complex at Baheri, District Bareilly, Uttar Pradesh, organised into Sugar, Industrial Alcohol and Electricity divisions. The Sugar division crushes cane sourced substantially from its own command/captive cane area to produce sugar, the Distillery/ENA & IMFL plants convert molasses into industrial alcohol and country-liquor-grade spirits, and the Power Plant cogenerates electricity from bagasse generated in the crushing process.
Segments
- Sugar
- Industrial Alcohol
- Electricity
- Manufacturing plant
- 1 (Baheri, Dist. Bareilly, Uttar Pradesh)
- Business divisions
- 3 (Sugar, Industrial Alcohol, Electricity)
- Sugarcane crushed (Season 2024-25)
- 59.46 lakh quintals in 108 days
- Sugar production (Season 2024-25)
- 5.68 lakh quintals
- Sugar recovery rate (Season 2024-25)
- 9.55%
- Captive cane area under command (SS 2024-25)
- 27,012 hectares
Quarterly results
Q1 FY27: revenue down 100.0%, net profit down 26.7% 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 | 38 | 164 | 63 | 20 | 14 −63% | 104 −37% | 166 +163% | 0 −100% |
| EBITDA | -15 | -8 | -8 | -9 | -11 +27% | 3 +138% | -6 +25% | -9 +0% |
| Net profit | -23 | -16 | -16 | -15 | -19 +17% | -6 +63% | -7 +56% | -19 −27% |
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 +5.6% YTD
YTD: ₹30.4 on 15 Oct 2019 → ₹32.1. High ₹40.1 (4 Nov 2019), low ₹28.35 (17 Nov 2019).
Financials, as filed
Revenue fell 24.3% a year over 2 years, FY24 to FY26. Operating margin narrowed to -7.6%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹530 Cr | ₹334 Cr | ₹304 Cr |
| Operating profit | ₹24 Cr | ₹-41 Cr | ₹-23 Cr |
| Operating margin | 4.5% | -12.3% | -7.6% |
| Interest | ₹14 Cr | ₹12 Cr | ₹14 Cr |
| Depreciation | ₹17 Cr | ₹20 Cr | ₹23 Cr |
| Net profit | ₹83 Cr | ₹-72 Cr | ₹-47 Cr |
| Net margin | 15.7% | -21.6% | -15.5% |
| Cash from operations | ₹57 Cr | ₹-5 Cr | ₹-25 Cr |
| Free cash flow | ₹56 Cr | ₹-5 Cr | ₹-18 Cr |
| ROCE | 47.0% | -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 | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr |
| Reserves | ₹124 Cr | ₹95 Cr | ₹50 Cr | ₹182 Cr | ₹77 Cr | ₹62 Cr |
| Borrowings | ₹113 Cr | ₹97 Cr | ₹93 Cr | ₹75 Cr | ₹9 Cr | ₹93 Cr |
| Other liabilities | ₹381 Cr | ₹422 Cr | ₹436 Cr | ₹364 Cr | ₹373 Cr | ₹288 Cr |
| Total liabilities | ₹629 Cr | ₹624 Cr | ₹588 Cr | ₹631 Cr | ₹469 Cr | ₹453 Cr |
| Fixed assets | ₹433 Cr | ₹457 Cr | ₹439 Cr | ₹468 Cr | ₹437 Cr | ₹424 Cr |
| Capital work in progress | ₹17 Cr | ₹1 Cr | ₹2 Cr | ₹0 Cr | ₹2 Cr | ₹0 Cr |
| Investments | ₹12 Cr | ₹10 Cr | ₹5 Cr | ₹8 Cr | ₹11 Cr | ₹3 Cr |
| Other assets | ₹167 Cr | ₹156 Cr | ₹143 Cr | ₹155 Cr | ₹19 Cr | ₹26 Cr |
| Total assets | ₹629 Cr | ₹624 Cr | ₹588 Cr | ₹631 Cr | ₹469 Cr | ₹453 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 added +0.43 pp while DIIs trimmed −0.24 pp. The shareholder count grew 28% to 5,607.
- Promoters
- 70.5%
- DIIs
- 1.5%
- Public
- 27.9%
Since Jun 2025
- Public +0.43 pp
- DIIs −0.24 pp
- Promoters −0.20 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 71.0%, DIIs 1.8%, Public 27.3%.Dec '23: Promoters 71.0%, DIIs 1.8%, Public 27.3%.Mar '24: Promoters 71.0%, DIIs 1.8%, Public 27.3%.Jun '24: Promoters 70.9%, DIIs 1.8%, Public 27.3%.Sep '24: Promoters 70.9%, DIIs 1.8%, Public 27.4%.Dec '24: Promoters 70.9%, DIIs 1.8%, Public 27.3%.Mar '25: Promoters 70.8%, DIIs 1.8%, Public 27.5%.Jun '25: Promoters 70.7%, DIIs 1.8%, Public 27.5%.Sep '25: Promoters 70.7%, DIIs 1.7%, Public 27.5%.Dec '25: Promoters 70.5%, DIIs 1.7%, Public 27.7%.Mar '26: Promoters 70.5%, DIIs 1.5%, Public 27.9%.Jun '26: Promoters 70.5%, DIIs 1.5%, Public 27.9%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Kesar Enterprises Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Seel Investment Pvt Ltd | 32.00% | unchanged |
| Kesar Corporation Pvt Ltd | 24.53% | unchanged |
| Harsh Rajnikant Kilachand | 7.88% | unchanged |
| Shah Bhadreshkumar | 3.13% | unchanged |
| Raju Ajit Bhandari | 3.13% | unchanged |
| Indian Commercial Company Pvt Ltd | 2.40% | unchanged |
| Rohita Harsh Kilachand | 2.15% | unchanged |
| Ashish Bharatkumar Shah | 2.06% | unchanged |
| The Oriental Insurance Company Limited Insurer | 1.51% | unchanged |
| Rohan Harsh Kilachand | 1.39% | unchanged |
| Raviraj Developers Limited | 1.33% | unchanged |
| Kesar Enterprises Limited Suspense Escrow Demat Account | 1.21% | 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 Kesar Enterprises Ltd.
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