Kama Holdings Ltd

NSE: KAMAHOLD BSE: 532468

KAMA Holdings Ltd is a core investment company while the principal activities of its subsidiaries are manufacturing, purchasing, and sale of technical textiles, chemicals, packaging films, and other polymers. [1]

₹2,580

52W: ₹2350 — ₹3266

PE 74.1 · Book ₹265 · +874% vs book

Market Cap₹8,279 Cr

Stock P/E74.1Price to Earnings

ROCE12.4%Return on Capital

ROE12.4%Return on Equity

Div. Yield1.59%Face Value ₹10

Strengths

+Company is almost debt free.
+Company has a good return on equity (ROE) track record: 3 Years ROE 29.8%
+Company has been maintaining a healthy dividend payout of 83.5%

Weaknesses

−Stock is trading at 9.78 times its book value
−Tax rate seems low

Shareholding Pattern

Promoters75%

FIIs0.24%

DIIs0.03%

Public24.72%

Category	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Promoters	75%	75%	75%	75%	75%	75%	75%	75%
FIIs	0.16%	0.21%▲0.0	0.22%▲0.0	0.28%▲0.1	0.3%▲0.0	0.3%	0.29%▼0.0	0.24%▼0.0
DIIs	0%	0%	0.03%▲0.0	0.03%	0.03%	0.04%▲0.0	0.03%▼0.0	0.03%
Public	24.84%	24.79%▼0.1	24.74%▼0.1	24.69%▼0.0	24.66%▼0.0	24.65%▼0.0	24.67%▲0.0	24.72%▲0.0

Financial Statements

Metric	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	53.87	8.49	256.27	0.07	53.64	0	55.83	0	59.54	0
Expenses	0.31	1.38	0.57	0.62	0.83	0.3	2.3	0.38	0.67	0.69
Operating Profit	53.56	7.11	255.7	-0.55	52.81	-0.3	53.53	-0.38	58.87	-0.69
OPM %	99.42%	83.75%	99.78%	-785.71%	98.45%	0%	95.88%	0%	98.87%	0%
Net Profit	53.28	5.31	250.89	-0.56	52.35	-0.23	53.84	-0.38	58.82	-0.62
EPS ₹	16.6	1.65	78.18	-0.17	16.31	-0.07	16.78	-0.12	18.33	-0.19

AI Insights

Revenue Trend

TTM revenue at ₹115Cr, up 4.5% YoY. OPM at 96%.

Debt Position

Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.

Institutional Flow

DIIs: 0.03% (+0.03pp change). FIIs: 0.24% (+0.16pp change). Promoters hold 75%.

Margin & Efficiency

ROCE improving from 7% (Mar 2014) to 12% (Mar 2025). Working capital days: -199.

Valuation

PE 74.1x with 12.4% ROCE. Price is 874% above book value of ₹265. Dividend yield: 1.59%.