KESORAMIND

Kesoram Industries financials

Market cap
₹373 Cr
Sector
Construction Materials

What Kesoram Industries Limited does

Kesoram Industries Limited demerged its cement division into UltraTech Cement Limited under a Composite Scheme of Arrangement (appointed date 1 April 2024, effective 1 March 2025), after which the parent ceased to have any standalone manufacturing operations. Its continuing business — viscose rayon, cellulose transparent film and chemicals — is carried on through its wholly-owned subsidiary, Cygnet Industries Limited. Rayon is produced from a researched blend of soft and hardwood pulp regenerated into cellulose and sold under the "Kesoram Rayon" brand, while the biodegradable cellulose transparent film used for packaging farm produce and firecrackers is sold under the "Kesophane" brand.

Segments

  • Rayon
  • Transparent Paper
  • Chemicals
Standalone manufacturing plants
0 — cement business demerged into UltraTech Cement, effective 1 Mar 2025
Wholly-owned operating subsidiary
Cygnet Industries Limited (100%) — carries on the Rayon, Transparent Paper & Chemicals business
Former cement manufacturing footprint
2 cement plants (demerged to UltraTech Cement)
Coal mining JV stake
45.46% in Gondkhari Coal Mining Ltd (non-operational; coal block de-allocated 2014, fully provided for)
Standalone employees
41
Export markets
None (nil exports)
Founded 1919Headquarters Kolkata, West Bengal, IndiaEmployees 41 (FY25) Company website

Quarterly results

Q1 FY27: net profit up 98.1% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue0 0 0 0 0 0 0 0
EBITDA-7 -4 -30 -5 -6 +8%-4 +19%-2 +94%-3 +34%
Net profit-49 -114 5,639 -127 -112 −130%30 +126%2 −100%-2 +98%
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 +127.9% 1Y

₹4.0₹6.0₹8.0₹10.0₹12.0₹14.0Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹5.27 on 10 Sept 2025 → ₹12.01. High ₹13.92 (30 Dec 2025), low ₹4.69 (19 Nov 2025).

Financials, as filed

Year endingFY24FY25FY26
Revenue₹949 Cr₹0 Cr₹0 Cr
Operating profit₹94 Cr₹-48 Cr₹-16 Cr
Operating margin9.9%——
Interest₹109 Cr₹0 Cr₹0 Cr
Depreciation₹29 Cr₹11 Cr₹0 Cr
Net profit₹-329 Cr₹5.4k Cr₹-207 Cr
Net margin-34.6%——
Cash from operations₹-7 Cr₹51 Cr₹-71 Cr
Free cash flow₹-7 Cr₹59 Cr₹-38 Cr
ROCE0.0%-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 endingFY21FY22FY23FY24FY25FY26
Equity capital₹165 Cr₹244 Cr₹311 Cr₹311 Cr₹311 Cr₹311 Cr
Reserves₹182 Cr₹362 Cr₹338 Cr₹7 Cr₹36 Cr₹34 Cr
Borrowings₹1.8k Cr₹1.7k Cr₹1.7k Cr₹2.0k Cr₹199 Cr₹0 Cr
Other liabilities₹917 Cr₹916 Cr₹913 Cr₹928 Cr₹109 Cr₹13 Cr
Total liabilities₹3.1k Cr₹3.2k Cr₹3.3k Cr₹3.3k Cr₹655 Cr₹358 Cr
Fixed assets₹1.6k Cr₹1.5k Cr₹1.3k Cr₹1.3k Cr₹501 Cr₹133 Cr
Capital work in progress₹15 Cr₹28 Cr₹48 Cr₹25 Cr₹5 Cr₹0 Cr
Investments₹538 Cr₹380 Cr₹388 Cr₹371 Cr₹34 Cr₹11 Cr
Other assets₹962 Cr₹1.3k Cr₹1.6k Cr₹1.6k Cr₹115 Cr₹214 Cr
Total assets₹3.1k Cr₹3.2k Cr₹3.3k Cr₹3.3k Cr₹655 Cr₹358 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 +4.82 pp while DIIs trimmed −4.19 pp. The shareholder count grew 23% to 1,06,672.

Promoters
43.3%
FIIs
0.1%
DIIs
4.0%
Public
52.5%

Since Jun 2025

  • Public +4.82 pp
  • DIIs −4.19 pp
  • FIIs −0.64 pp

How it drifted, 12 quarters

Over this window the public went from 41.4% to 52.5% — +11.1 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 43.4%, FIIs 4.4%, DIIs 10.8%, Public 41.4%.Dec '23: Promoters 43.4%, FIIs 7.2%, DIIs 13.4%, Government 0.0%, Public 36.0%.Mar '24: Promoters 43.3%, FIIs 8.9%, DIIs 12.8%, Government 0.1%, Public 34.8%.Jun '24: Promoters 43.3%, FIIs 8.4%, DIIs 16.3%, Government 0.1%, Public 31.9%.Sep '24: Promoters 43.3%, FIIs 7.2%, DIIs 17.4%, Government 0.1%, Public 32.0%.Dec '24: Promoters 43.3%, FIIs 5.0%, DIIs 16.0%, Government 0.1%, Public 35.5%.Mar '25: Promoters 43.3%, FIIs 2.7%, DIIs 15.9%, Public 38.0%.Jun '25: Promoters 43.3%, FIIs 0.8%, DIIs 8.2%, Public 47.7%.Sep '25: Promoters 43.3%, FIIs 0.8%, DIIs 7.4%, Public 48.5%.Dec '25: Promoters 43.3%, FIIs 0.2%, DIIs 4.0%, Public 52.4%.Mar '26: Promoters 43.3%, DIIs 4.0%, Public 52.6%.Jun '26: Promoters 43.3%, FIIs 0.1%, DIIs 4.0%, Public 52.5%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Kesoram Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Manav Investment and Trading Co. Ltd. 22.15%unchanged
Pilani Investment and Industries Corporation Ltd. 14.92%unchanged
ICICI Bank Ltd Bank3.90%unchanged
Aditya Birla Real Estate Limited 2.45%unchanged
Deutsche Bank Trust Company Americas 2.27%unchanged
Guttikonda Vara Lakshmi 1.42%unchanged
Guttikonda Rajasekhar 1.29%unchanged
Birla Group Holding Pvt. Ltd. 1.17%unchanged
Globe Capital Market Limited 1.12%unchanged
Devi Investment And Development Inc. 1.11%unchanged
Gandhi Kantheti 1.10%unchanged
Padmavati Investment Private Limited 0.91%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 Kesoram Industries Limited

Guides on how to read this kind of business and the numbers that matter.