Kesar Petroproducts share price & results
- Sept 2026
- Sept 2026
Maharashtra-based manufacturer of Phthalocyanine Blue and Green pigments (CPC Crude Blue, Alpha Blue, Beta Blue, Pigment Green) for paints, plastics, inks, rubber and textiles
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 51.7 | +3.0% YoY | Quarterly, as filed | Quarter to Sept 2026 | Revenue from operations as filed. |
| Operating margin | 9.4 | −4.9 pts YoY | Operating profit / revenue | Quarter to Sept 2026 | For the quarter; a change is in percentage points. |
| Net profit | 1.2 | −79.7% YoY | Quarterly, as filed | Quarter to Sept 2026 | Profit after tax as filed. |
| Return on equity | -0.29 | −0.5 pts | Trailing twelve months | TTM to Sept 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -4.07 | −2.2 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | -1.09 | −23.1 pts | Trailing twelve months | TTM to Sept 2026 | Revenue change against the same period one year earlier. |
Price
Performance −53.3% 1Y
1Y: ₹30.61 on 24 Oct 2025 → ₹14.3. High ₹31.16 (30 Oct 2025), low ₹11.58 (9 Oct 2026).
- Previous close
- ₹13.01
- Market cap
- ₹220 Cr
- 52-week range
- ₹11.58 – ₹31.16
- One year
- −53.16%
- Price to earnings (FY ending Mar 2026)
- 23.48×
- Return on equity (TTM to Sept 2026)
- -0.29%
Overview
- Symbol
- NSE:KESARPE
- Sector
- Chemicals
- Industry
- Commodities
- Exchange
- NSE
- Currency
- INR
What Kesar Petroproducts Ltd does
Based on the company's own presentations, annual report and earnings calls.
Kesar Petroproducts Limited manufactures Phthalocyanine Blue Crude and its downstream pigment derivatives at an integrated site in Lote Parshuram, Maharashtra. Its product range includes CPC Crude Blue, Alpha Blue, Beta Blue and Pigment Green, which are sold to end-users in paints and coatings, plastics, printing inks, rubber and textiles. The company sells both domestically and to export markets, and is exploring co-products such as complex fertilizers and zinc phosphate from its pigment manufacturing process.
Segments
- Pigments (CPC Crude Blue)
- Pigments (Alpha Blue, Beta Blue, Pigment Green)
- Manufacturing plants
- 7 (6 for products/co-products + 1 co-generation), Lote Parshuram, Maharashtra
- Installed capacity
- 1,500 MT/month
- Capacity utilization
- ~67%
- Export presence
- 55 countries
- Employees
- 550
- CPC Crude Blue capacity utilized
- 600 of 900 MT/month
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −80% (quarter to sept 2026 against sept 2025).
| Line item | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 50 | 41 | 50 | 50 | 41 | 46 | 49 | 52 |
| Expenses | 45 | 36 | 41 | 43 | 35 | 48 | 45 | 47 |
| Operating profit | 4 | 5 | 9 | 7 | 6 | -1 | 4 | 5 |
| Operating margin | 9.0% | 12.1% | 17.2% | 14.4% | 15.3% | −2.4% | 8.3% | 9.4% |
| Other income | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 1 | 0 | 1 | 2 | 2 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| Profit before tax | 4 | 4 | 8 | 6 | 3 | -4 | 1 | 1 |
| Tax rate | 16.5% | 46.8% | 23.1% | 0.0% | 10.4% | 15.0% | 0.0% | 0.0% |
| Net profit | 3 | 2 | 6 | 6 | 3 | -5 | 1 | 1 |
| EPS (₹ per share) | 0.30 | 0.20 | 0.61 | 0.61 | 0.30 | -0.52 | 0.05 | 0.11 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 120 | 149 | 185 | 187 |
| Expenses | 113 | 147 | 169 | 166 |
| Operating profit | 7 | 2 | 16 | 21 |
| Other income | 1 | 8 | 2 | 2 |
| Interest | 1 | 1 | 1 | 4 |
| Depreciation | 6 | 4 | 4 | 6 |
| Profit before tax | 1 | 5 | 13 | 12 |
| Net profit | 0 | 5 | 10 | 10 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 109 | 110 | 115 | 134 | 146 | 140 |
| Borrowings | 21 | 50 | 55 | 73 | 62 | 72 |
| Other liabilities | 19 | 18 | 29 | 21 | 24 | 23 |
| Total liabilities | 158 | 188 | 209 | 238 | 242 | 245 |
| Fixed assets | 49 | 47 | 56 | 64 | 62 | 135 |
| Capital work in progress | 11 | 46 | 52 | 56 | 78 | 17 |
| Investments | 23 | 23 | 20 | 19 | 18 | 13 |
| Other assets | 75 | 71 | 82 | 99 | 84 | 80 |
| Total assets | 158 | 188 | 209 | 238 | 242 | 245 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 5 | -6 | 33 | -20 | 13 | 30 |
| Cash from investing | -8 | -9 | -42 | -4 | -15 | -28 |
| Cash from financing | 7 | 3 | 13 | 25 | 11 | -10 |
| Net cash flow | 4 | -12 | 3 | 1 | 9 | -8 |
| Free cash flow | 3 | -15 | -3 | -38 | -3 | -7 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 71 | 45 | 64 | 69 | 47 | 30 |
| Inventory days | 51 | 48 | 83 | 79 | 97 | 112 |
| Days payable | 67 | 51 | 64 | 77 | 40 | 38 |
| Cash conversion cycle | 55 | 43 | 84 | 71 | 104 | 103 |
| Working capital days | 14 | 50 | -17 | 34 | 31 | 16 |
| Return on capital employed | 1.0% | 2.0% | 1.0% | 3.0% | 7.0% | 7.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 68.17% as of Sept 2026; institutions added 0.00 pts since Jun 2026.
- Promoters 68.17%
- Foreign institutions 0.00%
- Domestic institutions 0.13%
- Public 31.71%
Who is on the register
Named in the Sep 2026 filing
Every holder of Kesar Petroproducts Ltd above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 26.33% | unchanged | |
| 19.45% | unchanged | |
| 15.67% | unchanged | |
| 6.72% | unchanged | |
| 4.48% | unchanged | |
| 1.01% | 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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