KSH International Ltd
NSE: KSHINTL BSE: 544664
Incorporated in 1979, KSH International Limited is the third-largest manufacturer and the largest exporter of magnet winding wires in India.[1]
₹635
52W: ₹330 — ₹703
PE 64.4 · Book ₹51.7 · +1128% vs bookMarket Cap₹4,304 Cr
Stock P/E64.4Price to Earnings
ROCE21.4%Return on Capital
ROE25.7%Return on Equity
Div. Yield0%Face Value ₹5
Weaknesses
- −Stock is trading at 12.2 times its book value
- −Though the company is reporting repeated profits, it is not paying out dividend
Shareholding Pattern
Promoters74.58%
FIIs5.05%
DIIs13.89%
Public6.47%
| Category | Dec 2025 | Mar 2026 |
|---|---|---|
| Promoters | 74.58% | 74.58% |
| FIIs | 3.72% | 5.05%▲1.3 |
| DIIs | 13.09% | 13.89%▲0.8 |
| Public | 8.61% | 6.47%▼2.1 |
Financial Statements
| Metric | Sep 2024 | Dec 2024 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|
| Sales | 472 | 516 | 559 | 712 | 818 |
| Expenses | 446 | 476 | 518 | 666 | 768 |
| Operating Profit | 26 | 40 | 40 | 46 | 49 |
| OPM % | 6% | 8% | 7% | 6% | 6% |
| Net Profit | 13 | 26 | 23 | 30 | 23 |
| EPS ₹ | 227.56 | 452.83 | 3.99 | 5.21 | 3.44 |
AI Insights
Revenue Trend
Mar 2025 revenue at ₹1,928Cr, up 39.4% YoY. OPM at 6%.
Debt Position
Borrowings at ₹489Cr. Debt-to-equity ratio: 1.52x. High leverage — monitor closely.
Capex Cycle
CWIP at ₹1Cr (0% of fixed assets). Moderate ongoing capital expenditure.
Margin & Efficiency
ROCE improving from 0% (Mar 2021) to 21% (Mar 2025). Working capital days: 27.
Valuation
PE 64.4x with 21.4% ROCE. Price is 1128% above book value of ₹51.7. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 14 May - CARE report for quarter ended March 31, 2026 notes nil deviation, but delays in rooftop solar and GCP utilization.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 7 May
- Board Meeting Intimation for Approval Of The Audited Standalone Financial Results For The Quarter And Financial Year Ended March 31 2026 5 May - Board meets May 25, 2026 to approve audited standalone results for FY2026.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 21 Apr - KSH International says it is not a Large Corporate for FY2026-27; borrowing stood at ₹35.30 crore.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018 7 Apr
- Rating update 24 Feb from care
- Transcript
- PPT