Kothari Industrial Corpn. Ltd.

BSE: KOTIC509732ISIN INE972A01020

Consumer Discretionary
Leather And Leather Products

Share price

₹116.45+10.55 (+9.96%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹510.10
52W low: ₹98.95
Off 52W high: -77.17%
1M return: -22.24%
3M return: -24.55%
6M return: -34.98%
1Y return: -76.37%
20D avg volume: 12,276
50 DMA: ₹138.27
200 DMA: ₹164.62

Key ratios Consolidated

Market cap: ₹1,258 Cr
Current price: ₹116.45
52W high / low: ₹510.10 / ₹98.95
Face value: ₹5.00
P/E: -14.63
P/B: 5.44
EPS (TTM): ₹-7.96
Book value / share: ₹21.42
ROE: —
ROCE: -11.40%
Operating margin: —
Net margin: —
Debt / equity: 0.25
Net debt: ₹46.72 Cr
Interest cover: -7.66
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 84.4 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24
Income statement
	52.44	44.52	50.61	49.50	—	25.09	21.71	13.44	3.50	2.17	6.01	1.95
	-0.01	1.04	0.32	0.37	—	0.14	0.25	0.18	61.81	0.52	0.44	0.41
	52.43	45.55	50.93	49.87	—	25.23	21.96	13.63	65.31	2.68	6.45	2.37
	68.65	59.62	46.90	55.91	—	28.74	21.87	13.35	18.90	6.75	7.33	6.80
	0.01	0.00	0.00	0.00	—	—	—	—	—	—	—	—
	40.00	34.05	27.61	36.70	—	21.82	16.92	13.28	2.41	1.73	3.56	1.14
	11.31	10.68	10.05	8.57	—	1.81	1.37	0.86	5.51	1.54	0.83	0.73
	4.73	3.07	0.21	0.16	—	1.91	0.01	0.02	2.69	0.00	0.02	3.28
	1.79	5.83	2.39	1.78	—	0.91	0.60	0.27	0.07	0.15	0.01	0.01
	10.82	12.90	9.05	12.23	—	4.61	2.72	2.27	8.14	3.23	—	—
	-16.22	-14.07	4.03	-6.04	—	-3.52	0.09	0.27	46.41	-4.07	-0.87	-4.43
	0.00	0.00	0.00	0.00	—	0.00	0.00	0.00	-61.93	0.00	65.21	0.00
	-16.22	-14.07	4.03	-6.04	—	-3.52	0.09	0.27	-15.52	-4.07	64.34	-4.43
	0.05	0.00	0.00	0.00	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	-28.90	-31.98	-18.54	-6.56	—	-3.52	0.09	0.27	-15.52	-4.07	64.34	-4.43
	-2.68	-2.96	-1.72	-0.61	—	-0.83	0.02	0.22	-12.43	-3.26	51.53	-3.55
Key metrics
	-9.70	-5.17	6.63	-4.10	—	-0.70	0.70	0.56	-12.76	-3.92	64.37	-1.14
	-18.50%	-11.60%	13.10%	-8.30%	—	-2.80%	3.20%	4.20%	-364.60%	-180.60%	1,071.00%	-58.50%
	-55.10%	-71.80%	-36.60%	-13.30%	—	-14.00%	0.40%	2.00%	-443.40%	-187.60%	1,070.50%	-227.20%
	—	-4.60%	—	-2.10%	—	—	—	—	—	—	—	—
	—	—	101.70%	128.00%	—	1,056.20%	261.20%	589.20%	—	—	—	—
	—	—	-426.70%	-7,388.90%	—	13.50%	-99.90%	106.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	197.07	178.30	—	13.63	9.58	9.46
	1.72	3.39	—	63.17	0.73	0.86
	198.78	181.69	—	76.81	10.31	10.32
	231.08	212.88	—	36.49	27.78	22.94
	0.01	0.00	—	—	—	—
	138.36	128.11	—	8.83	5.31	8.01
	40.61	35.96	—	8.62	2.89	1.61
	8.17	3.60	—	2.71	11.35	9.74
	11.79	11.55	—	0.25	0.11	0.11
	45.00	42.98	—	15.80	—	4.21
	-32.30	-31.19	—	40.32	-17.47	-12.62
	0.00	0.00	—	0.00	-2.30	1.70
	-32.30	-31.19	—	40.32	-19.77	-10.92
	0.05	0.00	—	8.63	0.00	0.07
	-85.98	-72.19	—	31.69	-19.77	-10.99
	-7.97	-6.68	—	26.27	-10.34	-5.75
Key metrics
	-12.34	-16.04	—	43.28	-8.31	-1.07
	-6.26%	-9.00%	—	317.50%	-86.70%	-11.30%
	-43.63%	-40.50%	—	232.50%	-206.40%	-116.20%
	—	-11.40%	—	—	—	—
	—	—	—	42.30%	1.30%	—
	—	—	—	260.30%	-79.90%	—
	—	144.88	—	—	—	—
	—	-2.01	—	—	—	—
	—	0.25	—	—	—	—
	—	46.72	—	—	—	—
	—	84.4	—	—	—	—
Balance sheet
	—	311.12	—	—	—	—
	—	119.97	—	—	—	—
	—	10.94	—	—	—	—
	—	34.24	—	—	—	—
	—	17.02	—	—	—	—
	—	1.05	—	—	—	—
	—	54.31	—	—	—	—
	—	10.02	—	—	—	—
	—	69.44	—	—	—	—
	—	57.66	—	—	—	—
	—	52.89	—	—	—	—
	—	4.77	—	—	—	—
	—	231.34	—	—	—	—
Cash flow
	—	144.88	—	—	—	—
	—	-155.95	—	—	—	—
	—	-0.06	—	—	—	—
	—	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
	52.44	44.52	50.61	49.50	39.20	26.42	25.09	21.71	13.44	3.50	2.17	6.01
	-0.01	1.04	0.32	0.37	0.32	0.45	0.14	0.25	0.18	61.81	0.52	0.44
	52.43	45.55	50.93	49.87	39.52	26.87	25.23	21.96	13.63	65.31	2.68	6.45
	68.65	59.62	46.90	55.91	41.44	39.89	28.74	21.87	13.35	18.90	6.75	7.32
	0.01	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	41.69	34.05	27.61	36.70	27.38	22.70	21.82	16.92	13.28	2.41	1.73	3.55
	11.31	10.68	10.05	8.57	6.57	6.15	1.81	1.37	0.86	5.51	1.54	0.83
	4.73	3.07	0.21	0.16	0.16	0.04	1.91	0.01	0.02	2.69	0.00	0.02
	1.79	5.83	2.39	1.78	1.61	0.65	0.91	0.60	0.27	0.07	0.15	0.01
	10.82	12.90	9.05	12.23	8.95	12.53	4.61	2.72	2.27	8.14	3.23	—
	-16.22	-14.07	4.03	-6.04	-1.92	-13.02	-3.52	0.09	0.27	46.41	-4.07	-0.87
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	-61.93	—	65.21
	-16.22	-14.07	4.03	-6.04	-1.92	-13.02	-3.52	0.09	0.27	-15.52	-4.07	64.34
	0.05	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	-16.27	-14.07	4.03	-6.04	-1.92	-13.02	-3.52	0.09	0.27	-15.52	-4.07	64.34
	-1.51	-1.30	0.37	-0.57	-0.20	-1.44	-0.83	0.02	0.22	-12.43	-3.26	51.53
Key metrics
	-9.70	-5.17	6.63	-4.10	-0.15	-12.33	-0.70	0.70	0.56	-12.76	-3.92	64.37
	-18.50%	-11.60%	13.10%	-8.30%	-0.40%	-46.70%	-2.80%	3.20%	4.20%	-364.60%	-180.60%	1,071.00%
	-31.00%	-31.60%	8.00%	-12.20%	-4.90%	-49.30%	-14.00%	0.40%	2.00%	-443.40%	-187.60%	1,070.50%
	—	-3.90%	—	-2.10%	—	-7.00%	—	—	—	—	—	—
	33.80%	68.50%	101.70%	128.00%	191.70%	654.90%	1,056.20%	261.20%	—	—	—	—
	-747.40%	-8.10%	214.50%	-6,811.10%	-811.10%	16.10%	13.50%	-99.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	197.07	178.30	86.64	13.63	9.58	9.46
	1.72	3.39	0.97	63.17	0.73	0.86
	198.78	181.69	87.60	76.81	10.31	10.32
	231.08	212.88	103.77	36.49	27.78	22.93
	0.01	0.00	0.00	—	—	—
	140.05	128.11	74.72	8.83	5.31	8.01
	40.61	35.96	10.20	8.62	2.89	1.61
	8.17	3.60	1.90	2.71	11.35	9.74
	11.79	11.55	1.13	0.25	0.11	0.11
	45.00	42.97	22.13	15.79	—	4.21
	-32.30	-31.21	-16.17	40.33	-17.47	-12.62
	0.00	0.00	0.00	—	-2.30	1.70
	-32.30	-31.19	-16.17	40.33	-19.77	-10.92
	0.05	0.00	0.00	8.63	—	0.07
	-32.35	-31.19	-16.17	31.69	-19.77	-10.99
	-3.01	-2.89	-1.78	26.27	-10.34	-5.75
Key metrics
	-12.34	-16.04	-13.14	43.29	-8.31	-1.07
	-6.26%	-9.00%	-15.20%	317.60%	-86.70%	-11.30%
	-16.42%	-17.50%	-18.70%	232.50%	-206.40%	-116.20%
	—	-9.80%	-7.70%	—	—	—
	75.30%	105.80%	535.70%	42.30%	1.30%	—
	—	-92.90%	-151.00%	260.30%	-79.90%	—
	—	144.87	-133.14	—	—	—
	—	-4.64	7.65	—	—	—
	—	0.21	0.02	—	—	—
	—	46.72	-17.75	—	—	—
	—	84.4	48.0	—	—	—
Balance sheet
	—	352.11	189.99	—	—	—
	—	119.97	139.68	—	—	—
	—	10.94	21.78	—	—	—
	—	34.24	3.89	—	—	—
	—	17.02	7.70	—	—	—
	—	1.05	0.03	—	—	—
	—	54.31	36.22	—	—	—
	—	10.02	0.20	—	—	—
	—	69.44	5.11	—	—	—
	—	57.66	4.03	—	—	—
	—	52.89	0.00	—	—	—
	—	4.77	4.03	—	—	—
	—	272.34	180.55	—	—	—
Cash flow
	—	144.87	-123.63	—	—	—
	—	-155.95	-9.27	—	—	—
	—	-0.06	153.83	—	—	—
	—	0.00	9.51	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +165.01%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +75.30%
Profit YoY (TTM): -76.10%

Consolidated

Sales CAGR 3Y: +165.01%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

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: 47.35%

Quarter	September 2026	June 2026
Promoter %	47.35%	47.32%

Holder	Type	Holding	Previous	Change
J RAFIQ AHMED	Promoter	44.97%	—	—
F J GLOBAL TRADING AND INVESTMENT	Public	6.53%	6.53%	0.00%
A RAJABRABHU	Public	3.75%	3.75%	0.00%
MADHAVAN P	Public	3.03%	3.03%	0.00%
ABHAY SHANKAR MEGANATHAN	Public	2.96%	2.96%	0.00%
Radha Venkatachalam	Public	1.53%	1.53%	0.00%
PRADIP D KOTHARI	Promoter	1.26%	—	—
LIFE INSURANCE CORPORATION OF INDIA	Public	1.22%	1.22%	0.00%
SALOMAN INVESTMENTS LIMITED	Promoter	0.33%	—	—
CORPORATE BODY-LIMITED LIABILITY PARTNERSHIP	Public	0.26%	—	—
PIYALI KOTHARI	Promoter	0.19%	0.19%	0.00%
ANTARA P KOTHARI	Promoter	0.17%	0.17%	0.00%
MITALI PRADIP KOTHARI	Promoter	0.16%	0.16%	0.00%
KOTHARI & SONS (NOMINEES) PRIVATE LIMITED	Promoter	0.10%	0.10%	0.00%
SUREKHA P KOTHARI	Promoter	0.10%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Mayur Uniquoters ltd.	3,430	789.35	16.56	22.70%	+15.58% TTM	+35.70% TTM	+47.31%
Bhartiya International Ltd.	1,440	1,073.55	56.18	15.90%	+34.34% TTM	-3.79% TTM	+26.30%
Kothari Industrial Corpn. Ltd. S	1,258	116.45	-38.82	-9.80%	+75.30% TTM	-76.10% TTM	-76.37%
Mirza International Limited	375	27.16	-16.72	1.30%	-11.43% TTM	-264.83% TTM	-26.20%
Superhouse limited	165	150.00	21.19	5.40%	-1.13% TTM	+115.47% TTM	-6.83%
Zenith Exports Ltd. S	97	179.00	331.48	4.50%	-17.96% TTM	-90.24% TTM	-27.92%
Anka India Ltd. S	96	18.69	-12.30	-10.60%	+206.78% TTM	-7,740.00% TTM	-69.41%
Super Tannery Limited	85	7.89	12.26	11.30%	-11.51% TTM	+4.51% TTM	+4.23%
AKI India Limited	54	5.23	18.09	4.60%	+52.47% TTM	+103.40% TTM	-36.14%
Aritas Vinyl Limited S	28	14.30	5.93	13.10%	—	—	—
AMIN TANNERY LIMITED S	18	1.70	85.00	15.60%	-15.94% TTM	-20.00% TTM	-12.37%
Welterman International Ltd. S	8	17.16	-14.92	10.60%	-100.00% TTM	-264.29% TTM	-37.83%
N.B. Footwear Ltd. S	3	2.47	-24.70	81.00%	—	—	-71.18%

Filings & corporate actions

Recent announcements

MOU4 Nov 2026 · Company Update / Memorandum of Understanding /Agreements
award27 Oct 2026 · Others
certificate14 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Drone9 Oct 2026 · Company Update / General
press release9 Oct 2026 · Company Update / Press Release / Media Release
REPORT1 Oct 2026 · AGM/EGM / AGM
MOU30 Sep 2026 · Company Update / Memorandum of Understanding /Agreements
Proceeding of AGM30 Sep 2026 · AGM/EGM / AGM
Press release30 Sep 2026 · Company Update / Press Release / Media Release
intimation29 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
REVISED ANNUAL REPORT26 Sep 2026 · Others / Reg. 34 (1) Annual Report
award21 Sep 2026 · Company Update / Award of Order / Receipt of Order
press release17 Sep 2026 · Company Update / Press Release / Media Release
unveiling16 Sep 2026 · Company Update / General
Notice11 Sep 2026 · Company Update / General
advertisement8 Sep 2026 · Company Update / Newspaper Publication
Annual report7 Sep 2026 · Others / Reg. 34 (1) Annual Report
Notice to AGM7 Sep 2026 · Company Update / General
award3 Sep 2026 · Company Update / Award of Order / Receipt of Order
newspaper publication1 Sep 2026 · Company Update / Newspaper Publication
Award27 Aug 2026 · Company Update / Award of Order / Receipt of Order
award25 Aug 2026 · Company Update / Award of Order / Receipt of Order
Award25 Aug 2026 · Company Update / Award of Order / Receipt of Order
Award24 Aug 2026 · Company Update / Award of Order / Receipt of Order
Award24 Aug 2026 · Company Update / General
newspaper18 Aug 2026 · Company Update / Newspaper Publication
appointment of ID14 Aug 2026 · Company Update / Change in Management
appointment14 Aug 2026 · Company Update / Change in Directorate
results14 Aug 2026 · Result / Financial Results
Results14 Aug 2026 · Board Meeting / Outcome of Board Meeting
MOU-UPDATE13 Aug 2026 · Company Update / Memorandum of Understanding /Agreements
PROPOSED MOU12 Aug 2026 · Company Update / General
Kothari Industrial Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve and take on ....10 Aug 2026 · Board Meeting / Board Meeting
Presentation4 Aug 2026 · Company Update / General
update31 Jul 2026 · Company Update / General
update28 Jul 2026 · Company Update / General
incorporation of a subsidiary company28 Jul 2026 · Company Update / Acquisition
award18 Jul 2026 · Company Update / Award of Order / Receipt of Order
certificate15 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Ground breaking ceremony9 Jul 2026 · Company Update / General

Board meetings

14 Aug 2026 Board Meeting - Financial Results