Kothari Industrial Corporation Ltd
NSE: KOTIC BSE: 509732FMCG
Incorporated in 1970, Kothari Industrial Corporation Ltd manufactures fertilizers, FMCG and Health Care products[1]
₹172
52W: ₹152 — ₹625
PE 0 · Book ₹25.2 · +583% vs bookMarket Cap₹1,858 Cr
Stock P/E—Price to Earnings
ROCE13.7%Return on Capital
ROE17.2%Return on Equity
Div. Yield0%Face Value ₹5
Strengths
- +Company is expected to give good quarter
- +Debtor days have improved from 57.9 to 23.3 days.
Weaknesses
- −Stock is trading at 6.81 times its book value
- −Company has low interest coverage ratio.
- −Working capital days have increased from -287 days to 455 days
Shareholding Pattern
Promoters47.38%
FIIs0.02%
DIIs2.05%
Public50.54%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 21.45% | 53.38%▲31.9 | 53.38% | 47.75%▼5.6 | 47.25%▼0.5 | 47.86%▲0.6 | 47.37%▼0.5 | 47.38%▲0.0 |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.02%▲0.0 |
| DIIs | 20.86% | 5.99%▼14.9 | 5.36%▼0.6 | 2.53%▼2.8 | 2.49%▼0.0 | 2.18%▼0.3 | 2.14%▼0.0 | 2.05%▼0.1 |
| Public | 57.65% | 40.63%▼17.0 | 41.25%▲0.6 | 49.73%▲8.5 | 50.26%▲0.5 | 49.97%▼0.3 | 50.46%▲0.5 | 50.54%▲0.1 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6.01 | 2.17 | 3.5 | 13.45 | 21.71 | 25.09 | 26.42 | 39.2 | 49.35 | 50.61 |
| Expenses | 7.29 | 6.6 | 16.14 | 13.07 | 21.25 | 25.93 | 40.5 | 39.67 | 53.96 | 44.3 |
| Operating Profit | -1.28 | -4.43 | -12.64 | 0.38 | 0.46 | -0.84 | -14.08 | -0.47 | -4.61 | 6.31 |
| OPM % | -21.3% | -204.15% | -361.14% | 2.83% | 2.12% | -3.35% | -53.29% | -1.2% | -9.34% | 12.47% |
| Net Profit | 64.34 | -4.06 | -15.52 | 0.27 | 0.09 | -3.52 | -13.02 | -1.92 | -6.04 | 4.03 |
| EPS ₹ | 51.54 | -3.25 | -12.43 | 0.22 | 0.02 | -0.83 | -1.4 | -0.2 | -0.57 | 0.37 |
AI Insights
Revenue Trend
TTM revenue at ₹166Cr, up 90.8% YoY. OPM at -8%.
Debt Position
Borrowings at ₹31Cr. Debt-to-equity ratio: 0.14x. Healthy balance sheet.
Institutional Flow
DIIs: 2.05% (-20.17pp change). FIIs: 0.02% (+0.02pp change). Promoters hold 47.38%.
Margin & Efficiency
ROCE improving from -27% (Mar 2014) to -14% (Mar 2025). Working capital days: 455.
Recent Announcements
- Intimation Regarding Trading Of Equity Shares Under 'Permitted To Trade' Category On Metropolitan Stock Exchange Of India Limited (MSE) 8 May - MSE says Kothari shares can trade, but no separate listing compliances apply.
- Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Launch Of FMCG & Vending Division And New Brand Portfolio 30 Apr - Kothari launched FMCG and vending division on 30 April 2026, introducing VENDIKO, CHUSIP, NABAKO and The Crafted Circle.
- Intimation Under Regulation 30 Of SEBI LODR 2015- Resolutions Passed Through Postal Ballot 25 Apr - On 25.04.2026, shareholders approved two director appointments and promoter-to-public reclassification by postal ballot.
- Intimation Under Regulation 30 And Regulation 31A Of The SEBI (LODR) Regulations 2015 As Amended - Approval Of Shareholders For Reclassification Of Shareholding From 'Promoter/Promoter Group' To 'Public Category' 25 Apr - On 25 Apr 2026, shareholders approved reclassification of promoters ASHA THAYER and V IVDAS MOHAN DAS to public.
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 25 Apr
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse