Kalind Limited

BSE: KALIND526935ISIN INE377D01026

Services
Diversified Commercial Services
BSE Services

Share price

₹3.94+0.18 (+4.79%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded. Earlier history is omitted pending corporate-action verification.

Splits and bonuses

24 Jul 2026 · Bonus 1:2
24 Jul 2026 · Split 5:1 (₹10 → ₹2)

52W high: —
52W low: —
Off 52W high: —
1M return: -5.52%
3M return: -53.59%
6M return: -68.22%
1Y return: —
20D avg volume: 30,38,720
50 DMA: ₹4.28
200 DMA: —

Key ratios Consolidated

Market cap: ₹360.18 Cr
Current price: ₹3.94
52W high / low: — / —
Face value: ₹2.00
P/E: 8.71
P/B: —
EPS (TTM): ₹0.45
Book value / share: —
ROE: —
ROCE: 16.40%
Operating margin: —
Net margin: —
Debt / equity: 0.05
Net debt: ₹9.08 Cr
Interest cover: 214.82
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 224.8 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	35.06	33.11	15.09	17.97	13.60	0.00	0.00	0.00	0.00	0.27	0.45	0.11
	0.30	1.21	0.62	0.24	0.56	0.19	0.11	0.11	0.11	0.23	0.09	0.09
	35.36	34.32	15.71	18.21	14.15	0.19	0.11	0.11	0.11	0.49	0.54	0.20
	16.75	14.37	12.05	7.01	7.89	0.17	0.38	0.22	0.23	0.30	0.30	0.07
	1.86	-6.22	16.00	13.17	7.20	0.00	—	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	2.00	1.68	1.45	1.33	0.05	0.06	0.10	0.09	0.09	0.09	0.09	0.06
	0.02	2.47	0.00	0.01	0.02	0.01	0.01	0.02	0.02	0.06	0.09	0.09
	3.67	1.76	1.26	0.48	0.00	0.01	0.03	0.04	0.04	0.04	0.04	0.04
	9.20	3.59	0.43	0.96	0.63	0.10	0.23	0.06	0.07	0.11	0.08	0.26
	18.61	19.95	3.66	11.20	6.26	0.02	-0.27	-0.11	-0.12	0.19	0.23	0.26
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	18.61	19.95	3.66	11.20	6.26	0.02	-0.27	-0.11	-0.12	0.19	0.23	0.26
	3.96	4.95	1.20	1.97	0.93	0.20	0.08	0.03	0.03	0.04	0.06	0.07
	14.65	15.00	2.46	9.23	5.32	0.22	-0.20	-0.08	-0.09	0.15	0.18	0.19
	1.20	1.57	0.48	3.08	17.75	0.72	-0.65	-0.28	-0.30	0.49	0.59	0.63
Key metrics
	22.30	24.18	4.92	11.69	6.28	0.04	-0.23	-0.05	-0.06	0.29	0.36	0.39
	63.60%	73.00%	32.60%	65.10%	46.20%	—	—	—	—	107.40%	80.00%	354.50%
	41.80%	45.30%	16.30%	51.40%	39.10%	—	—	—	—	55.60%	40.00%	172.70%
	—	10.10%	—	9.10%	—	0.50%	—	—	—	—	—	—
	157.80%	—	—	—	—	-100.00%	-100.00%	-100.00%	—	—	—	—
	175.40%	6,718.20%	1,330.00%	11,637.50%	6,011.10%	46.70%	-211.10%	-142.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	101.23	79.85	0.00	1.22	3.44	1.20
	2.37	2.98	0.52	0.49	0.26	0.61
	103.60	82.83	0.52	1.71	3.70	1.81
	50.18	46.47	0.99	1.11	3.31	1.57
	24.81	30.17	0.00	—	—	—
	0.00	0.00	0.00	—	—	—
	6.46	4.62	0.33	0.29	0.40	0.26
	2.50	0.17	0.07	0.32	0.29	0.01
	7.17	5.20	0.13	0.17	0.14	0.04
	14.18	6.31	0.47	0.32	2.48	1.26
	53.42	36.35	-0.48	0.60	0.39	0.23
	0.00	0.00	0.00	0.00	0.00	0.00
	53.42	36.35	-0.48	0.60	0.39	0.23
	12.08	9.13	0.33	0.14	0.21	0.06
	41.34	27.23	-0.15	0.39	0.17	0.17
	6.33	2.85	-0.51	1.31	0.57	0.57
Key metrics
	63.09	41.72	-0.28	1.09	0.82	0.28
	62.32%	52.20%	—	89.30%	23.80%	23.30%
	40.84%	34.10%	—	32.00%	4.90%	14.20%
	—	16.40%	-6.50%	—	—	—
	644.34%	—	-100.00%	-64.50%	186.70%	—
	685.93%	18,253.30%	-138.50%	129.40%	0.00%	—
	—	-61.30	-0.77	—	—	—
	—	-2.25	5.13	—	—	—
	—	0.05	0.13	—	—	—
	—	9.08	0.77	—	—	—
	—	224.8	—	—	—	—
Balance sheet
	—	239.26	7.17	—	—	—
	—	170.84	6.28	—	—	—
	—	0.76	0.03	—	—	—
	—	49.34	0.00	—	—	—
	—	6.25	0.00	—	—	—
	—	85.44	0.01	—	—	—
	—	50.79	0.00	—	—	—
	—	6.41	0.04	—	—	—
	—	17.17	0.85	—	—	—
	—	9.84	0.80	—	—	—
	—	0.00	0.80	—	—	—
	—	9.84	0.00	—	—	—
	—	212.25	6.32	—	—	—
Cash flow
	—	-61.15	-0.77	—	—	—
	—	-2.47	0.90	—	—	—
	—	86.98	-0.15	—	—	—
	—	0.15	0.00	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	34.91	30.31	14.91	16.54	13.60	0.00	—	—	—	0.27	0.45	0.11
	0.00	0.52	0.14	0.29	0.48	0.16	0.11	0.11	0.11	0.18	0.09	0.09
	34.91	30.83	15.05	16.83	14.08	0.16	0.11	0.11	0.11	0.45	0.54	0.20
	15.90	14.64	10.84	6.95	7.89	0.17	0.38	0.21	0.22	0.29	0.30	0.07
	1.86	5.93	15.73	13.17	7.20	0.00	—	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	1.75	1.25	1.27	1.32	0.05	0.05	0.10	0.09	0.09	0.09	0.09	0.06
	0.02	0.01	0.00	0.01	0.02	0.01	0.01	0.02	0.02	0.06	0.09	0.09
	3.17	1.37	0.55	0.43	0.00	0.01	0.03	0.05	0.05	0.04	0.04	0.04
	9.09	1.91	0.38	0.95	0.63	0.09	0.23	0.06	0.07	0.10	0.08	0.26
	19.01	16.18	4.21	9.88	6.18	-0.01	-0.27	-0.11	-0.11	0.15	0.24	0.27
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	19.01	16.18	4.21	9.88	6.18	-0.01	-0.27	-0.11	-0.11	0.15	0.24	0.27
	3.99	5.40	1.19	1.63	0.93	-0.20	0.08	0.03	0.03	0.04	0.06	0.07
	15.02	10.78	3.02	8.25	5.25	0.19	-0.19	-0.08	-0.09	0.11	0.18	0.19
	1.23	1.13	0.59	1.62	17.50	0.64	-0.64	-0.27	-0.29	0.38	0.60	0.64
Key metrics
	22.20	17.56	4.76	10.32	6.20	0.01	-0.23	-0.04	-0.04	0.25	0.37	0.40
	63.60%	57.90%	31.90%	62.40%	45.60%	—	-209.10%	-36.40%	-36.40%	92.60%	82.20%	363.60%
	43.00%	35.60%	20.30%	49.90%	38.60%	—	-172.70%	-72.70%	-81.80%	40.70%	40.00%	172.70%
	—	7.30%	—	12.40%	—	0.00%	—	—	—	—	—	—
	156.70%	—	13,454.50%	14,936.40%	12,263.60%	-100.00%	-75.60%	0.00%	—	—	—	—
	186.10%	5,573.70%	1,689.50%	10,412.50%	5,933.30%	72.70%	-205.60%	-142.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	96.67	75.36	0.00	1.22	3.44	1.20
	0.95	1.43	0.48	0.45	0.25	0.60
	97.62	76.79	0.48	1.67	3.69	1.80
	48.33	40.33	0.98	1.09	3.31	1.56
	36.69	30.17	0.00	—	—	—
	0.00	0.00	0.00	—	—	—
	5.59	3.90	0.33	0.29	0.40	0.26
	0.04	0.04	0.07	0.32	0.29	0.01
	5.52	2.35	0.13	0.18	0.14	0.04
	12.33	3.87	0.45	0.31	2.47	1.25
	49.28	36.45	-0.49	0.57	0.39	0.24
	0.00	0.00	0.00	—	—	—
	49.28	36.45	-0.49	0.57	0.39	0.24
	12.21	9.15	-0.33	0.14	0.21	0.06
	37.07	27.30	-0.17	0.43	0.18	0.18
	4.57	2.85	-0.55	1.43	0.60	0.60
Key metrics
	54.84	38.84	-0.29	1.07	0.82	0.29
	56.73%	51.50%	—	87.70%	23.80%	24.20%
	38.35%	36.20%	—	35.20%	5.20%	15.00%
	—	16.30%	-6.60%	—	—	—
	—	—	-100.00%	-64.50%	186.70%	—
	617.02%	16,158.80%	-139.50%	138.90%	0.00%	—
	—	-75.28	-0.78	—	—	—
	—	-2.75	4.59	—	—	—
	—	0.05	0.13	—	—	—
	—	3.02	0.77	—	—	—
	—	200.6	—	—	—	—
Balance sheet
	—	239.03	7.21	—	—	—
	—	145.66	6.27	—	—	—
	—	6.76	0.03	—	—	—
	—	41.23	0.00	—	—	—
	—	6.25	0.00	—	—	—
	—	84.83	0.01	—	—	—
	—	44.16	0.00	—	—	—
	—	6.08	0.03	—	—	—
	—	15.73	0.85	—	—	—
	—	9.78	0.80	—	—	—
	—	0.00	0.80	—	—	—
	—	9.78	0.00	—	—	—
	—	213.51	6.36	—	—	—
Cash flow
	—	-75.13	-0.78	—	—	—
	—	-5.12	0.92	—	—	—
	—	86.98	-0.15	—	—	—
	—	0.15	0.00	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +179.81%
Sales CAGR 5Y: —
Profit CAGR 3Y: +433.29%
Profit CAGR 5Y: —
Sales YoY (TTM): +568.53%
Profit YoY (TTM): +617.02%

Consolidated

Sales CAGR 3Y: +185.26%
Sales CAGR 5Y: —
Profit CAGR 3Y: +443.08%
Profit CAGR 5Y: —
Sales YoY (TTM): +644.34%
Profit YoY (TTM): +685.93%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 10.09%

Quarter	September 2026	June 2026
Promoter %	10.09%	13.56%

Holder	Type	Holding	Previous	Change
Jasani Dharmendra Bhai Becharbhai	Promoter	9.53%	13.00%	-3.47%
Abhishek Ashvinbhai Kamdar HUF	Public	4.07%	—	—
Mandaliya Uday Kanaiyalal	Public	2.22%	—	—
Satani Chhaganbhai Ratilalbhai	Public	2.11%	—	—
Astron Developers Private Limited	Public	1.98%	—	—
Divyesh Mahendrabhai Shah	Public	1.37%	—	—
Savitriben Mahendrakumar Shah	Public	1.19%	—	—
Piyush Laxmanbhai Mavani	Public	1.14%	—	—
Gajkarna Financial Services Private Limited	Public	1.09%	—	—
Ayush Dharmendrabhai Jasani	Promoter	0.56%	0.56%	0.00%
KETANABEN DHARMENDRABHAI JASANI	Promoter	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
International Gemological Institute Limited	17,358	401.65	26.07	58.80%	+24.06% TTM	+30.32% TTM	+19.84%
WeWork India Management Limited	9,449	680.45	95.42	12.30%	—	—	+7.68%
Nesco Ltd S	7,338	1,041.40	18.21	15.50%	+13.08% TTM	-2.61% TTM	-19.90%
Indiabulls Limited S	7,314	31.36	-552.40	-3.60%	+34,733.33% TTM	+84.79% TTM	+49.98%
Rentomojo Limited	6,128	588.60	—	—	+45.51% FY26	+141.94% FY26	—
Nirlon Limited S	5,762	639.40	16.14	23.30%	—	—	+26.97%
SMARTWORKS COWORKING SPACES LIMITED	5,563	486.35	98.19	7.50%	—	—	-19.97%
LEAP India Limited	5,130	116.45	—	—	—	—	—
INOX GREEN ENERGY SERVICES LIMITED	5,062	120.65	41.54	9.50%	+16.08% TTM	+204.22% TTM	-55.31%
Quess Corp Limited	4,874	326.30	17.65	17.50%	-1.55% TTM	+198.78% TTM	+41.47%
Elevate Campuses Limited	4,729	280.60	—	—	—	—	—
INDIQUBE SPACES LIMITED S	3,980	187.75	-57.24	5.70%	—	—	-11.75%
CMS Info Systems Limited	3,475	217.10	11.84	16.20%	+1.71% TTM	-21.79% TTM	-40.17%
Hemisphere Properties India Limited S	3,172	111.30	-271.46	-1.10%	-4.21% TTM	-46.15% TTM	-19.38%
Sanghvi Movers Ltd.	2,996	346.05	14.73	15.50%	+29.75% TTM	+17.25% TTM	-12.58%
EFC (I) LIMITED	2,473	164.90	8.73	17.80%	+36.51% TTM	+45.65% TTM	—
Bluspring Enterprises Limited	2,320	155.20	-132.84	1.00%	—	—	+98.52%
Awfis Space Solutions Limited	1,833	256.10	18.39	13.50%	+21.83% TTM	+90.36% TTM	-56.94%
TeamLease Services Limited	1,659	1,085.60	11.00	11.00%	+4.68% TTM	+29.89% TTM	-35.60%
Texmaco Infrastructure & Holdings Ltd	1,507	118.25	160.59	1.40%	+5.45% TTM	+339.54% TTM	+15.87%
Updater Services Limited	1,365	203.85	14.16	8.70%	+8.93% TTM	-15.55% TTM	-11.98%
Sobhagya Mercantile Ltd. S	1,293	1,243.80	63.11	18.30%	+23.00% TTM	+8.12% TTM	+35.11%
KRYSTAL INTEGRATED SERVICES LIMITED	813	582.00	11.47	17.60%	+11.58% TTM	+14.88% TTM	-0.98%
TANDHAN INDUSTRIES LIMITED S	735	147.60	-3,690.00	-0.20%	-100.00% TTM	-146.15% TTM	+1,060.38%
South West Pinnacle Exploration Limited	613	187.80	15.35	22.30%	+39.24% TTM	+135.81% TTM	+4.30%
Kalind Limited	360	3.94	8.71	16.40%	+644.34% TTM	+685.93% TTM	—

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Kalind Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve Unaudited Standalone and Consolidated ....2 Nov 2026 · Board Meeting / Board Meeting
The Board of Directors at their Board Meeting held on 31/10/2026 approved, in principle, a proposal to raise funds upto Rs. 500 crores through one or more permissible mode including Rights ....31 Oct 2026 · Company Update / Raising of Funds
The Board of Directors at their Board Meeting held on 31/10/2026 approved acquisition of Kalind Gems & Diamonds Limited, subject to members approval for alteration of main objects of the Company.31 Oct 2026 · Company Update / Acquisition
Board of Directors at their meeting held on 31/10/2026, approved amendment to MOA subject to shareholders approval.31 Oct 2026 · Company Update / Amendments to Memorandum & Articles of Association
Outcome of the Board Meeting held on 31/10/2026 to discuss and approve Withdrawal of Proposed Preferential Issue of Equity Shares, Alteration of MOA, Acquisition, Raising of Funds and other ....31 Oct 2026 · Board Meeting / Outcome of Board Meeting
Kalind Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/10/2026 ,inter alia, to consider and approve appropriate decision on the ongoing ....28 Oct 2026 · Board Meeting / Board Meeting
Certificate under Reg. 74(5) of SEBI (DP) Regulations 2018, for the quarter ended 30th September, 202613 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to Regulation 44 of SEBI (LODR) attached is voting results and Scrutinizers Report for the AGM held on 29/09/2026.29 Sep 2026 · AGM/EGM / AGM
Proceedings of AGM held on 29/09/202629 Sep 2026 · AGM/EGM / AGM
Intimation of Closure of Trading Window22 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Corrigendum AGM Notice to seek members approval for preferential issue of Equity Shares.18 Sep 2026 · Company Update / Preferential Issue
Corrigendum to the Notice of 32nd Annual General Meeting to be held on September 29, 202618 Sep 2026 · AGM/EGM / AGM
Outcome of Board Meeting dated 17.09.2026 for withdrawal of proposed Issue of warrants and approval of fresh proposal for preferential issue of Equity Shares.17 Sep 2026 · Company Update / Raising of Funds
Outcome of Board Meeting held on September 17, 2026 for (A) Withdrawal of earlier proposal for issue of Warrants; (B) Approval of fresh proposal for preferential issue of Equity Shares ....17 Sep 2026 · Board Meeting / Outcome of Board Meeting
Kalind Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/09/2026 ,inter alia, to consider and approve Prior intimation of the Board Meeting ....14 Sep 2026 · Board Meeting / Board Meeting
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Abhishek Kamdar HUF9 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Newspaper Publication for 32nd AGM to be held on 29.09.2026 & E-voting7 Sep 2026 · Company Update / Newspaper Publication
Execution of Equipment Rental & Services Agreement with AME SAKI Mining and Construction Limited, Tarkwa, Western Region, Ghana6 Sep 2026 · Company Update / Award of Order / Receipt of Order
Postal Ballot - Scrutinizer''s Report5 Sep 2026 · AGM/EGM / Postal Ballot
Proceedings of Postal Ballot5 Sep 2026 · AGM/EGM / Postal Ballot
Annual Report of FY 2025-20265 Sep 2026 · Others / Reg. 34 (1) Annual Report
32nd AGM of Kalind Limited with be held on Tuesday, 29th September, 2026 at 12.30 pm through Video Conferencing (VC)/Other Audio Visual Means (OAVM). Attached is the Notice and Annual Report.5 Sep 2026 · AGM/EGM / AGM
Raising of Funds through issue of convertible warrants on preferential basis subject to necessary approvals.28 Aug 2026 · Company Update / Raising of Funds
Board Meeting held on August 28, 2026 approved issue of convertible warrants on preferential basis subject to necessary approvals and other agenda items as attached.28 Aug 2026 · Board Meeting / Outcome of Board Meeting
Kalind Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/08/2026 ,inter alia, to consider and approve fund rising through any permissible ....20 Aug 2026 · Board Meeting / Board Meeting
Monitoring Agency Report for the Quarter ended 30.06.202614 Aug 2026 · Company Update / Monitoring Agency Report
Newspaper Publication dated 05.08.2026 for confirming dispatch of Postal Ballot Notice.5 Aug 2026 · Company Update / Newspaper Publication
Postal Ballot Notice dated 30.07.2026 is attached.4 Aug 2026 · AGM/EGM / Postal Ballot
Newspaper Publication - Standalone & Consolidated Unaudited Financial Results for quarter ended 30th June, 20261 Aug 2026 · Company Update / Newspaper Publication
Standalone and Consolidated Unaudited Financial Results for quarter ended 30.06.202631 Jul 2026 · Result / Financial Results
Outcome of Board Meeting held on 30/07/2026 to approve unaudited financial results for quarter ended 30.06.202630 Jul 2026 · Board Meeting / Outcome of Board Meeting
Kalind Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/07/2026 ,inter alia, to consider and approve Board Meeting will be held on 30/07/2026 ....27 Jul 2026 · Board Meeting / Board Meeting
On 27 July, 2026 Board of Directors approved Allotment of Bonus Shares.27 Jul 2026 · Company Update / Allotment of Equity Shares
Execution of Framework Teaming and Conditional Subcontracting Agreement with Dharan International Limited, United Kingdom.25 Jul 2026 · Company Update / General
Outcome of the Board Meeting dated 22.07.202622 Jul 2026 · Board Meeting / Outcome of Board Meeting
Kalind Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/07/2026 ,inter alia, to consider and approve fund rising through any permissible ....17 Jul 2026 · Board Meeting / Board Meeting
Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for quarter ended 30.06.20267 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Newspaper Publication - Intimation of Record Date for Split & Bonus.7 Jul 2026 · Company Update / Newspaper Publication
Intimation of Record Date for Sub-Division and Issue of Bonus Shares.6 Jul 2026 · Corp. Action / Record Date
Scrutinizers Report for the Postal Ballot Dated 03.06.20266 Jul 2026 · AGM/EGM / Postal Ballot

Corporate actions

Purpose	Ex date	Record date	Payment date
Bonus issue 1:2	24 Jul 2026	24 Jul 2026	—
Stock Split From Rs.10/- to Rs.2/-	24 Jul 2026	24 Jul 2026	—
Right Issue of Equity Shares	30 Jan 2026	30 Jan 2026	—
Right Issue of Equity Shares	26 Aug 2025	26 Aug 2025	—
Interim Dividend - Rs. - 1.0000	14 Aug 2025	14 Aug 2025	—

Board meetings

5 Nov 2026 Board Meeting - Financial Results
30 Jul 2026 Board Meeting - Financial Results