Kesar Enterprise

Who are the top shareholders of the Kesar Enterprise?

The top shareholders of Kesar Enterprise include Seel Investment Pvt Ltd with 32.0%, individual shareholder Raju Bhandari at 3.16%, and individual investors collectively holding 20.99%. There are also two mutual fund schemes with 0.01%, and no foreign institutional investors.

The top shareholders of Kesar Enterprise include the promoters, who hold the majority of the shares. The promoter with the highest holding is Seel Investment Pvt Ltd, which owns 32.0% of the company. In terms of public shareholders, Raju Bhandari is the largest individual shareholder, holding 3.16%. Additionally, individual investors collectively hold 20.99% of the shares. There are also two mutual fund schemes that hold a very small percentage, specifically 0.01%, while there are no foreign institutional investors (FIIs) involved.

how big is Kesar Enterprise?

As of Jun 06, Kesar Enterprises Ltd has a market capitalization of 73.00 Cr, classifying it as a Micro Cap company, with net sales of 333.97 Cr and a net profit of -72.62 Cr over the latest four quarters. Shareholder's funds are valued at 191.74 Cr, and total assets amount to 630.80 Cr as of Mar'24.

Market Cap: As of Jun 06, Kesar Enterprises Ltd has a market capitalization of 73.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest 4 quarters, Kesar Enterprises Ltd reported net sales of 333.97 Cr and a net profit of -72.62 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: The balance sheet data is Standalone and pertains to the reporting period of Mar'24. Shareholder's funds are valued at 191.74 Cr, while total assets amount to 630.80 Cr.

Who are in the management team of Kesar Enterprise?

As of March 2022, the management team of Kesar Enterprise includes H R Kilachand (Chairman & Managing Director), M A Kuvadia, A S Ruia, Ranjana Ashok Sinha, Narendra Mairpady, Rishabh P Shah (all Independent Directors), Gaurav Sharma (Company Secretary & Compliance Officer), and D J Shah (Director). Each member plays a key role in the company's governance and operations.

As of March 2022, the management team of Kesar Enterprise includes the following individuals:<BR><BR>1. H R Kilachand - Chairman & Managing Director<BR>2. M A Kuvadia - Independent Director<BR>3. A S Ruia - Independent Director<BR>4. Ranjana Ashok Sinha - Independent Director<BR>5. Gaurav Sharma - Company Secretary & Compliance Officer<BR>6. Narendra Mairpady - Independent Director<BR>7. Rishabh P Shah - Independent Director<BR>8. D J Shah - Director<BR><BR>Each member holds a specific role within the company, contributing to its governance and operational oversight.

What does Kesar Enterprise do?

Kesar Enterprises Ltd produces sugar, spirit, ethanol, and bagasse-based power, and is classified as a micro-cap company with a market cap of Rs 73 Cr. As of March 2025, it reported net sales of 63 Cr and a net loss of 16 Cr.

Overview: <BR>Kesar Enterprises Ltd is engaged in the production of sugar, spirit, ethanol, and bagasse-based power, operating within the sugar industry and classified as a micro-cap company.<BR><BR>History: <BR>Kesar Enterprises Ltd was incorporated in August 1933 as 'The Kesar Sugar Works Limited' and changed its name to 'Kesar Enterprises Limited' in February 1999. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 63 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -16 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 73 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 25 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.02 <BR>Return on Equity: -37.87% <BR>Price to Book: 0.38<BR><BR>Contact Details: <BR>Address: Oriental House, 7 Jamshedji Tata Road Churchga Mumbai Maharashtra : 400020 <BR>Tel: 91-22-22851737 <BR>Email: headoffice@kesarindia.com <BR>Website: http://www.kesarindia.com

Has Kesar Enterprise declared dividend?

Kesar Enterprises Ltd has declared a 10% dividend, amounting to 0.6700 per share, but the dividend yield is currently 0%. Total returns have been volatile, with significant negative returns in the short term, though a positive return of 166.44% over the past five years.

Kesar Enterprises Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 0.6700<BR>- Ex-date: 08 Nov 11<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -47.4%, the dividend return was 0%, resulting in a total return of -47.4%.<BR><BR>Over the past year, the price return was -53.11%, with a dividend return of 0%, leading to a total return of -53.11%.<BR><BR>In the 2-year period, the price return was 0.06%, the dividend return was 0%, culminating in a total return of 0.06%.<BR><BR>For the 3-year period, the price return was -13.82%, the dividend return was 0%, which resulted in a total return of -13.82%.<BR><BR>In the last 4 years, the price return was 6.43%, with a dividend return of 0%, yielding a total return of 6.43%.<BR><BR>Finally, over the 5-year period, the price return was 166.44%, the dividend return was 0%, leading to a total return of 166.44%.<BR><BR>Overall, while Kesar Enterprises Ltd has declared a dividend, the dividend yield is currently 0%. The total returns over various periods show significant volatility, particularly in the short term, with negative returns dominating, but a notable positive return over the 5-year period.

Who are the peers of the Kesar Enterprise?

Kesar Enterprise's peers include Balrampur Chini, Triven. Engg. Ind., Sh. Renuka Sugar, and others. Balrampur Chini leads in 1-year returns at 52.26%, while Kesar Enterprise has the lowest at -55.11%.

Peers: The peers of Kesar Enterprise are Balrampur Chini, Triven.Engg.Ind., Sh.Renuka Sugar, Piccadily Agro, Bannari Amm.Sug., Dhampur.Spl.Sug., Simbhaoli Sugar, Gayatri Sugars, The Ravalgaon, and Oswal Overseas.<BR><BR>Quality Snapshot: Excellent management risk is observed at Balrampur Chini and Triven.Engg.Ind., while Average management risk is found at Piccadily Agro and Bannari Amm.Sug., and the rest have Below Average or do not qualify. Growth is Good at Piccadily Agro and Dhampur.Spl.Sug., while Below Average growth is seen at Balrampur Chini, Triven.Engg.Ind., Sh.Renuka Sugar, Bannari Amm.Sug., Kesar Enterprise, and The Ravalgaon, with the rest not qualifying. Capital Structure is Good at Dhampur.Spl.Sug., Average at Balrampur Chini, Triven.Engg.Ind., Piccadily Agro, and Bannari Amm.Sug., while Below Average is noted for Kesar Enterprise, Sh.Renuka Sugar, The Ravalgaon, and the rest do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Balrampur Chini at 52.26%, while Kesar Enterprise has the lowest at -55.11%. Kesar Enterprise's return is significantly lower than all its peers. Additionally, the six-month return is negative for Sh.Renuka Sugar, Piccadily Agro, Dhampur.Spl.Sug., Kesar Enterprise, The Ravalgaon, and Gayatri Sugars.

Is Kesar Enterprise overvalued or undervalued?

As of August 14, 2024, Kesar Enterprise is overvalued with a negative PE ratio of -1.03, an EV to EBITDA ratio of -1.74, and a concerning ROE of -37.87%, significantly underperforming compared to peers like EID Parry and Balrampur Chini, and has a year-to-date return of -42.48% against the Sensex's gain of 5.61%.

As of 14 August 2024, Kesar Enterprise has moved from an attractive to a risky valuation grade. The company is currently overvalued, reflected by its negative PE ratio of -1.03 and an EV to EBITDA ratio of -1.74, indicating significant financial distress. Additionally, the return on equity (ROE) stands at a concerning -37.87%, further highlighting the company's struggles.<BR><BR>In comparison to its peers, Kesar Enterprise's valuation metrics are starkly unfavorable. For instance, EID Parry, categorized as very expensive, has a PE ratio of 27.55, while Balrampur Chini, also expensive, shows a PE of 28.14. The stark contrast in these ratios suggests that Kesar Enterprise is not only underperforming but also mispriced relative to its industry peers. Furthermore, the company's year-to-date return of -42.48% significantly lags behind the Sensex's gain of 5.61%, reinforcing the view that Kesar Enterprise is currently overvalued.

What is the technical trend for Kesar Enterprise?

As of May 9, 2025, Kesar Enterprise's technical trend is mildly bearish, with mixed signals from the MACD and Bollinger Bands, indicating cautious sentiment despite some short-term optimism.

As of 9 May 2025, the technical trend for Kesar Enterprise has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD remains bearish, indicating mixed signals. The daily moving averages are mildly bearish, which adds to the overall cautious stance. The Bollinger Bands are bearish on both weekly and monthly time frames, reinforcing the bearish sentiment. The KST shows a mildly bullish signal weekly but is mildly bearish monthly, suggesting short-term optimism may not be sustained. The Dow Theory indicates a mildly bearish trend on the weekly chart, with no clear trend monthly. Overall, the current technical stance is mildly bearish, driven primarily by the moving averages and Bollinger Bands.

How has been the historical performance of Kesar Enterprise?

Kesar Enterprise has experienced significant financial decline, with net sales dropping from 552.76 crore in March 2023 to 333.97 crore in March 2025, resulting in an operating loss of -40.30 crore and a profit after tax of -72.62 crore. The company's total assets and shareholder's funds also decreased, reflecting ongoing financial challenges.

Answer:<BR>The historical performance of Kesar Enterprise has shown significant fluctuations over the years, particularly in net sales and profitability. In March 2025, net sales dropped to 333.97 crore from 531.06 crore in March 2024 and 552.76 crore in March 2023. This decline in revenue is mirrored by a substantial increase in total expenditure, which reached 374.27 crore in March 2025, up from 507.42 crore in March 2024. Consequently, the operating profit (PBDIT) turned negative at -40.30 crore in March 2025, a stark contrast to the positive 23.64 crore in March 2024. The profit before tax also fell to -72.49 crore in March 2025, compared to 83.59 crore in March 2024, leading to a profit after tax of -72.62 crore for the same period. <BR><BR>The company's balance sheet reflects a decrease in total assets from 630.80 crore in March 2024 to 522.77 crore in March 2025, alongside a reduction in shareholder's funds from 191.74 crore to 118.70 crore. The cash flow from operating activities also turned negative at -5.00 crore in March 2025, compared to a positive 57.00 crore in March 2024. Overall, Kesar Enterprise has faced a challenging financial environment, resulting in declining revenues, increasing losses, and a weakened balance sheet.<BR><BR>Breakdown:<BR>Kesar Enterprise's financial performance has been marked by a notable decline in net sales, which fell from 552.76 crore in March 2023 to 333.97 crore in March 2025. This decline in revenue has been accompanied by rising total expenditures, leading to an operating profit (PBDIT) of -40.30 crore in March 2025, down from a profit of 23.64 crore in the previous year. The profit before tax also deteriorated significantly, resulting in a loss of -72.49 crore in March 2025, compared to a profit of 83.59 crore in March 2024. The balance sheet indicates a decrease in total assets from 630.80 crore to 522.77 crore, while shareholder's funds also decreased from 191.74 crore to 118.70 crore. Cash flow from operating activities turned negative at -5.00 crore in March 2025, reflecting the overall financial challenges faced by the company during this period.

Are Kesar Enterprise latest results good or bad?

Kesar Enterprises' latest results are concerning, with a net loss of ₹19.47 crores in Q2 FY26, a 63.59% year-on-year revenue decline, and a severely negative operating margin of -81.11%. The company has recorded six consecutive quarters of losses, raising serious concerns about its financial health and future viability.

Kesar Enterprises' latest results are quite concerning. In the second quarter of FY26, the company reported a net loss of ₹19.47 crores, which represents a widening of losses by 15.1% compared to the previous quarter. Revenue also took a significant hit, dropping to ₹13.66 crores, reflecting a staggering 63.59% decline year-on-year and a 32.41% decrease quarter-on-quarter.<BR><BR>The operating margin is severely negative at -81.11%, indicating that the company is losing more than ₹80 for every ₹100 of revenue generated. This is a drastic deterioration from a positive margin of 17.83% just over a year ago. Additionally, the profit after tax margin is at an alarming -142.53%, marking the worst performance in eight quarters.<BR><BR>Overall, Kesar Enterprises has now recorded six consecutive quarters of losses, with cumulative losses exceeding ₹90 crores over the past 18 months. The company's financial health is deteriorating rapidly, raising serious concerns about its operational viability and future prospects.

When is the next results date for Kesar Enterprises Ltd?

The next results date for Kesar Enterprises Ltd is 13 February 2026.

The next results date for Kesar Enterprises Ltd is scheduled for 13 February 2026.

Should I buy, sell or hold Kesar Enterprises Ltd?

Why is Kesar Enterprises Ltd falling/rising?

As of 04-Mar, Kesar Enterprises Ltd's stock price has risen to 4.73, reflecting a 5.58% increase, driven by strong investor participation. However, the company faces significant long-term challenges, including a -230.55% CAGR in operating profits over five years and consistent negative financial results.

As of 04-Mar, Kesar Enterprises Ltd is experiencing a rise in its stock price, currently at 4.73, which reflects a change of 0.25 or 5.58% increase. This upward movement can be attributed to several factors. Notably, the stock has outperformed its sector by 1.6% today, indicating a relative strength compared to its peers. Additionally, there has been a notable increase in investor participation, with a delivery volume of 30.1k on December 30, which is up by 20.93% against the 5-day average. <BR><BR>Despite these positive indicators, it is important to consider the broader context of the company's performance. Kesar Enterprises has shown significant weakness in its long-term fundamentals, with a -230.55% compound annual growth rate (CAGR) in operating profits over the last five years and a high debt to EBITDA ratio of 4.82 times, indicating challenges in servicing its debt. The company has also reported negative results for the last six consecutive quarters, with net sales declining by -48.97% and a negative profit after tax of Rs -41.08 crore.<BR><BR>Moreover, the stock has underperformed against major benchmarks, generating a return of -40.87% over the past year, while the Sensex has increased by 8.39% during the same period. This underperformance is further highlighted by the stock trading below its moving averages across various time frames, suggesting a lack of sustained upward momentum.<BR><BR>In summary, while Kesar Enterprises Ltd is currently experiencing a rise in stock price, this is juxtaposed against a backdrop of significant long-term challenges and underperformance relative to broader market indices.

Which are the latest news on Kesar Enterprise?