Kesoram Industries share price & results
- Jun 2026
- Sept 2026
Kolkata holding company that demerged its cement business into UltraTech Cement (FY25) and now runs a rayon, transparent-paper and chemicals business through wholly-owned subsidiary Cygnet Industries.
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 | 0.00 | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Operating margin | -13.0 | +4.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -2.4 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | -13.87 | −14.2 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -30.65 | −45.7 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 5.16 | −9.5 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance +144.3% 1Y
1Y: ₹5.17 on 24 Oct 2025 → ₹12.63. High ₹13.92 (30 Dec 2025), low ₹4.69 (19 Nov 2025).
- Previous close
- ₹12.23
- Market cap
- ₹389 Cr
- 52-week range
- ₹4.69 – ₹13.92
- One year
- +142.88%
- Return on equity (TTM to Jun 2026)
- -13.87%
Overview
- Symbol
- NSE:KESORAMIND
- Sector
- Construction Materials
- Industry
- Commodities
- Exchange
- NSE
- Currency
- INR
What Kesoram Industries Limited does
Based on the company's own presentations, annual report and earnings calls.
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)
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: +98% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 7 | 4 | 30 | 5 | 6 | 4 | 2 | 3 |
| Operating profit | -7 | -4 | -30 | -5 | -6 | -4 | -2 | -3 |
| Operating margin | −19.0% | −9.0% | −38.0% | −17.0% | −34.0% | −25.0% | −19.0% | −13.0% |
| Other income | -42 | -109 | 5,671 | -123 | -106 | 34 | 4 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 9 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -49 | -114 | 5,632 | -127 | -112 | 30 | 2 | -3 |
| Tax rate | 0.0% | −0.1% | −0.1% | −0.1% | 0.0% | 0.0% | 0.0% | −15.3% |
| Net profit | -49 | -114 | 5,639 | -127 | -112 | 30 | 2 | -2 |
| EPS (₹ per share) | -1.57 | -3.68 | 181.48 | -4.10 | -3.60 | 0.97 | 0.07 | -0.08 |
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Sales | 949 | 0 | 0 |
| Expenses | 855 | 48 | 16 |
| Operating profit | 94 | -48 | -16 |
| Other income | -284 | 5,509 | -191 |
| Interest | 109 | 0 | 0 |
| Depreciation | 29 | 11 | 0 |
| Profit before tax | -327 | 5,451 | -207 |
| Net profit | -329 | 5,432 | -207 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 244 | 311 | 311 | 311 | 311 | 311 |
| Reserves | 362 | 338 | 7 | 234 | 36 | 34 |
| Borrowings | 1,703 | 1,734 | 2,046 | 0 | 199 | 0 |
| Other liabilities | 916 | 913 | 928 | 96 | 109 | 13 |
| Total liabilities | 3,226 | 3,295 | 3,291 | 641 | 655 | 358 |
| Fixed assets | 1,543 | 1,290 | 1,291 | 177 | 501 | 133 |
| Capital work in progress | 28 | 48 | 25 | 0 | 5 | 0 |
| Investments | 380 | 388 | 371 | 172 | 34 | 11 |
| Other assets | 1,275 | 1,569 | 1,603 | 291 | 115 | 214 |
| Total assets | 3,226 | 3,295 | 3,291 | 641 | 655 | 358 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 256 | 336 | 180 | -7 | 51 | -71 |
| Cash from investing | -225 | -79 | -16 | 2 | -59 | 64 |
| Cash from financing | 181 | -229 | -230 | 0 | 0 | 0 |
| Net cash flow | 212 | 28 | -66 | -5 | -8 | -7 |
| Free cash flow | 237 | 304 | 117 | -7 | 59 | -38 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 42 | 33 | 37 | — | — | — |
| Inventory days | 140 | 151 | 198 | — | — | — |
| Days payable | 734 | 566 | 541 | — | — | — |
| Cash conversion cycle | -552 | -382 | -305 | — | — | — |
| Working capital days | -67 | -32 | -16 | — | — | — |
| Return on capital employed | 19.0% | 22.0% | 12.0% | 0.0% | −3.0% | 1.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Rayon, trasparent paper and chemicals contributes 100.0% of reported segment revenue.
Year ended 31 Mar 2025 · Consolidated
- Rayon, trasparent paper and chemicals 100.0%
₹285.76 crore
- Others 0.0%
₹0.00 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Rayon, trasparent paper and chemicals | 285.76 | 100.0% |
| Others | 0.00 | 0.0% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹285.76 crore
- Intersegment adjustment
- Not reported
- Net segment revenue
- ₹285.76 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
How the mix has moved
Each segment’s share of reported revenue, quarter by quarter.
| Segment | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|
| Rayon, trasparent paper and chemicals | — | — | — | — | — | — | 100% | — |
| Others | — | — | — | — | 0% | 0% | 0% | — |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
Ownership
Who owns it
Public hold 52.50% as of Sept 2026; institutions added 0.00 pts since Jun 2026.
- Promoters 43.37%
- Foreign institutions 0.14%
- Domestic institutions 3.99%
- Government 0.00%
- Public 52.50%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 42.83% held
- newly disclosed 1.13% held
The same filing shows 0 holders trimming and 10 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Kesoram Industries Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 42.83% | newly disclosed | |
| Bank | 3.90% | unchanged |
| 2.27% | unchanged | |
| 1.42% | unchanged | |
| 1.29% | unchanged | |
| 1.13% | newly disclosed | |
| 1.11% | unchanged | |
| 1.10% | unchanged | |
| 0.54% | unchanged | |
| — | off the list | |
| — | off the list | |
| — | off the list |
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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