KINGFA
Kingfa Science & Technology (India) share price & financials
- Price
- ₹5,159.5
- Market cap
- ₹8.4k Cr
- Sector
- Capital Goods
What Kingfa Science & Technology (India) Limited does
Kingfa Science & Technology (India) Limited is a manufacturer of modified/reinforced polypropylene compounds, thermoplastic elastomers (TPE), and engineering plastics compounds including ABS, HIPS, PA, PBT, PC and their alloys, supplied primarily to automotive and consumer-goods manufacturers as feedstock for molded components. It has strengthened its market leadership in India's modified thermoplastics segment, backed by a pan-India manufacturing footprint and warehouses positioned near major automotive and industrial hubs. The company has also diversified into PPE manufacturing (facemasks, nitrile gloves) and, through its Ecopond brand, into PBAT/PLA-based compostable plastics for packaging and single-use applications. It has no subsidiaries, associates, or joint ventures.
Segments
- Modified thermoplastics (polymer compounding)
- Market position
- Market leader in India's modified thermoplastics (polymer compounding) segment
- Manufacturing footprint
- Pan-India manufacturing footprint with strategically located warehouses across major automotive and industrial hubs
- Multi-state operational presence
- Sites/operations spanning Maharashtra (Khed-Chakan, Pune), Haryana (Manesar), Puducherry and Tamil Nadu (Chennai)
- Product range
- Reinforced polypropylene compounds, thermoplastic elastomers (TPE), and engineering plastics compounds (ABS, HIPS, PA, PBT, PC and their alloys)
- Diversification into PPE
- Manufactures facemasks and nitrile gloves as a newer product line
- Compostable-plastics brand
- Ecopond — PBAT/PLA-based compostable plastics brand, active since 2017
Quarterly results
Q1 FY27: revenue up 49.1%, net profit up 100.0% 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 | 418 | 440 | 470 | 462 | 466 +11% | 489 +11% | 578 +23% | 689 +49% |
| EBITDA | 56 | 51 | 60 | 58 | 61 +9% | 62 +22% | 81 +35% | 111 +91% |
| Net profit | 37 | 35 | 42 | 40 | 41 +11% | 45 +29% | 59 +40% | 80 +100% |
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 +37.5% 1Y
1Y: ₹4,507.3 on 10 Sept 2025 → ₹6,197. High ₹6,227.5 (10 Sept 2026), low ₹3,758.7 (18 Dec 2025).
Financials, as filed
Revenue grew 12.5% a year over 3 years, FY23 to FY26. Operating margin widened to 13.1%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹1.4k Cr | ₹1.5k Cr | ₹1.7k Cr | ₹2.0k Cr |
| Operating profit | ₹128 Cr | ₹184 Cr | ₹224 Cr | ₹262 Cr |
| Operating margin | 9.1% | 12.4% | 12.8% | 13.1% |
| Interest | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹4 Cr |
| Depreciation | ₹15 Cr | ₹18 Cr | ₹21 Cr | ₹28 Cr |
| Net profit | ₹81 Cr | ₹123 Cr | ₹153 Cr | ₹185 Cr |
| Net margin | 5.8% | 8.3% | 8.8% | 9.3% |
| Cash from operations | ₹27 Cr | ₹16 Cr | ₹60 Cr | ₹66 Cr |
| Free cash flow | ₹3 Cr | ₹-5 Cr | ₹30 Cr | ₹-45 Cr |
| ROCE | 25.0% | 30.0% | 31.0% | 23.0% |
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 | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹14 Cr | ₹14 Cr |
| Reserves | ₹342 Cr | ₹372 Cr | ₹454 Cr | ₹576 Cr | ₹1.3k Cr | ₹1.4k Cr |
| Borrowings | ₹71 Cr | ₹46 Cr | ₹42 Cr | ₹33 Cr | ₹19 Cr | ₹15 Cr |
| Other liabilities | ₹246 Cr | ₹449 Cr | ₹502 Cr | ₹373 Cr | ₹421 Cr | ₹339 Cr |
| Total liabilities | ₹671 Cr | ₹880 Cr | ₹1.0k Cr | ₹994 Cr | ₹1.7k Cr | ₹1.8k Cr |
| Fixed assets | ₹129 Cr | ₹126 Cr | ₹123 Cr | ₹252 Cr | ₹290 Cr | ₹300 Cr |
| Capital work in progress | ₹123 Cr | ₹127 Cr | ₹131 Cr | ₹2 Cr | ₹45 Cr | ₹61 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹419 Cr | ₹627 Cr | ₹756 Cr | ₹740 Cr | ₹1.4k Cr | ₹1.4k Cr |
| Total assets | ₹671 Cr | ₹880 Cr | ₹1.0k Cr | ₹994 Cr | ₹1.7k Cr | ₹1.8k 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, DIIs added +8.64 pp while promoters trimmed −7.97 pp. The shareholder count shrank 3% to 12,293.
- Promoters
- 67.0%
- FIIs
- 7.7%
- DIIs
- 8.8%
- Public
- 16.4%
Since Jun 2025
- DIIs +8.64 pp
- Promoters −7.97 pp
- Public −2.06 pp
How it drifted, 12 quarters
Over this window DIIs went from 0.0% to 8.8% — +8.8 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 75.0%, FIIs 6.3%, Public 18.7%.Dec '23: Promoters 75.0%, FIIs 6.4%, Public 18.6%.Mar '24: Promoters 75.0%, FIIs 6.3%, Public 18.7%.Jun '24: Promoters 75.0%, FIIs 6.3%, Public 18.7%.Sep '24: Promoters 75.0%, FIIs 6.3%, DIIs 0.0%, Public 18.6%.Dec '24: Promoters 75.0%, FIIs 6.3%, Public 18.6%.Mar '25: Promoters 75.0%, FIIs 6.3%, DIIs 0.2%, Public 18.5%.Jun '25: Promoters 75.0%, FIIs 6.3%, DIIs 0.1%, Public 18.5%.Sep '25: Promoters 67.0%, FIIs 7.8%, DIIs 8.8%, Public 16.4%.Dec '25: Promoters 67.0%, FIIs 7.7%, DIIs 8.8%, Public 16.5%.Mar '26: Promoters 67.0%, FIIs 7.8%, DIIs 8.8%, Public 16.4%.Jun '26: Promoters 67.0%, FIIs 7.7%, DIIs 8.8%, Public 16.4%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Custody Bank Of Japan, Ltd. Re: Rb Amundi India Small Cap Equity Mother Fund Sovereign newly disclosed 1.95% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Kingfa Science & Technology (India) Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Kingfa Sci. And Tech. Co. Ltd | 67.02% | unchanged |
| SBI Mutual Fund Mutual fund | 6.64% | unchanged |
| Hongkong Victory Investment Co Limited Corporate | 5.65% | unchanged |
| Mukul Mahavir Agrawal | 2.21% | unchanged |
| Custody Bank Of Japan, Ltd. Re: Rb Amundi India Small Cap Equity Mother Fund Sovereign | 1.95% | newly disclosed |
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.
Mutual funds in KINGFA
Filings to Aug 2026
0 new, 0 added, 1 trimmed, 0 sold out — net −0.54 L shares (−6.1%).
- Held by funds
- ₹506 Cr
- 3 schemes
- Biggest holder
- SBI Flexicap Fund
- ₹209 Cr · 0.9% of that fund
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| SBI Flexicap Fund SBI Mutual Fund | ₹209 Cr | held | Oct '25 |
| SBI Conservative Hybrid Fund SBI Mutual Fund | ₹175 Cr | −0.54 L | Oct '25 |
| SBI Automotive Opportunities Fund SBI Mutual Fund | ₹121 Cr | held | Oct '25 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Aug 2026
0 added, 1 trimmed — net −54,130 shares (−6.1%)
- Funds are sitting on
- +14%
- vs est. average cost
- Held by funds
- ₹506 Cr
- 3 schemes · ≈ 5.1% of the company
- Biggest holder
- SBI Flexicap Fund
- ₹209 Cr · 0.9% of that fund
Shares held by these funds +0%
Oct '25 8.90 L shares Jul '26
What the price assumes
FairTo justify its price of ₹6197, this stock must grow earnings at 26% every year for 7 years. Our analysis caps realistic growth at ~25%. At that growth it is worth ₹5988 — downside of 3%.
- Growth the price implies
- 26.2% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 29.3% a year
- net profit, FY23–FY26 · EPS 25.5%
- The gap
- 0.0 pp
- -3% downside if it only repeats history
Learn to analyse Kingfa Science & Technology (India) Limited
Guides on how to read this kind of business and the numbers that matter.