Kesar Enterprise

Why is Kesar Enterprises Ltd falling/rising?

As of 31-Aug, Kesar Enterprises Ltd's stock price has risen to Rs 10.45, up 16.63%, driven by a 40.46% increase over the past week and an 87.61% gain in the last month, outperforming the Sensex. The stock is trading above its moving averages, indicating bullish sentiment and increased investor interest.

As of 31-Aug, Kesar Enterprises Ltd is experiencing a significant rise in its stock price, currently at Rs 10.45, reflecting an increase of Rs 1.49 or 16.63%. This upward movement can be attributed to several factors. Over the past week, the stock has surged by 40.46%, while the benchmark Sensex has declined by 0.53%, indicating strong relative performance. In the last month, the stock has gained an impressive 87.61%, contrasting with a slight drop of 1.46% in the Sensex.<BR><BR>Today's performance has been particularly noteworthy, as the stock outperformed its sector by 13.85% and has been on a consecutive gain streak for the last two days, accumulating returns of 31.61% during this period. It opened with a substantial gain of 6.03% today and reached an intraday high of Rs 10.75, marking a rise of 19.98%. Despite experiencing some volatility, with an intraday low of Rs 8.63, the overall trend remains positive.<BR><BR>Additionally, Kesar Enterprises Ltd is trading above its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically indicates bullish sentiment. The stock has also seen increased investor participation, with delivery volume rising by 73.76% compared to the 5-day average, suggesting heightened interest among investors. Overall, these factors contribute to the rising stock price of Kesar Enterprises Ltd.

Who are in the management team of Kesar Enterprise?

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).

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>If you have any more questions about Kesar Enterprise or its management, feel free to ask!

What does Kesar Enterprise do?

Kesar Enterprises Ltd, a micro-cap company founded in 1933, operates in the sugar industry, producing sugar, spirit, ethanol, and bagasse-based power. As of June 2026, it reported net sales of 0 Cr and a net loss of 19 Cr, with a market cap of INR 87 Cr.

Overview:<BR>Kesar Enterprises Ltd is involved 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 net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Most recent Net Sales: 0 Cr (Quarterly Results - Jun 2026)<BR>- Most recent Net Profit: -19 Cr (Quarterly Results - Jun 2026)<BR>- Market-cap value: INR 87 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.36<BR>- Return on Equity: -71.61%<BR>- Price to Book: 1.25<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

Who are the peers of the Kesar Enterprise?

Kesar Enterprise's peers include Vishwaraj Sugar, Dhampur.Spl.Sug., Rajshree Sugars, Parvati Sweetner, Piccadily Sugar, Gayatri Sugars, Simbhaoli Sugar, and The Ravalgaon. Kesar Enterprise has below-average management risk, growth, and capital structure, with a 1-year return of -3.15%, better than Pruden Sugar but worse than its other peers.

Peers: The peers of Kesar Enterprise are Vishwaraj Sugar, Dhampur.Spl.Sug., Rajshree Sugars, Parvati Sweetner, Piccadily Sugar, Gayatri Sugars, Simbhaoli Sugar, and The Ravalgaon.<BR><BR>Quality Snapshot: Below Average management risk is observed at Vishwaraj Sugar, Dhampur.Spl.Sug., Rajshree Sugars, Parvati Sweetner, Kesar Enterprise, Piccadily Sugar, and The Ravalgaon, while Gayatri Sugars and Simbhaoli Sugar do not qualify. Growth is excellent at Dhampur.Spl.Sug., while below average growth is found at Vishwaraj Sugar, Rajshree Sugars, Parvati Sweetner, Kesar Enterprise, Piccadily Sugar, and The Ravalgaon, with Gayatri Sugars and Simbhaoli Sugar not qualifying. Below Average capital structure is noted for Vishwaraj Sugar, Dhampur.Spl.Sug., Rajshree Sugars, Parvati Sweetner, Kesar Enterprise, Piccadily Sugar, and The Ravalgaon, while Gayatri Sugars and Simbhaoli Sugar do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Dhampur.Spl.Sug. at 58.37%, while the lowest is Pruden. Sugar at -56.37%. Kesar Enterprise's 1-year return is -3.15%, which is better than Pruden. Sugar but worse than all other peers. Additionally, Piccadily Sugar, Gayatri Sugars, and Simbhaoli Sugar have negative six-month returns.

How big is Kesar Enterprise?

As of 31st August, Kesar Enterprises Ltd has a market capitalization of 87.00 Cr and reported net sales of 284.33 Cr with a loss of 51.57 Cr over the latest four quarters. The company has shareholder's funds of 72.01 Cr and total assets of 453.24 Cr as of March 2026.

As of 31st August, Kesar Enterprises Ltd has a market capitalization of 87.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Kesar Enterprises reported net sales of 284.33 Cr. However, the company experienced a loss of 51.57 Cr during the same period.<BR><BR>For the latest annual period ending in March 2026, Kesar Enterprises had shareholder's funds amounting to 72.01 Cr and total assets of 453.24 Cr.

Which are the latest news on Kesar Enterprise?

Should I buy, sell or hold Kesar Enterprises Ltd?

When is the next results date for Kesar Enterprises Ltd?

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

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

Are Kesar Enterprises Ltd latest results good or bad?

Kesar Enterprises Ltd's latest results show a significant 163.21% increase in net sales, reaching ₹166.32 crores, but the company reported a net loss of ₹7.34 crores and negative operating margins, indicating ongoing profitability challenges despite strong revenue growth.

Kesar Enterprises Ltd's latest results present a mixed picture. On one hand, the company achieved a remarkable 163.21% year-on-year increase in net sales, reaching ₹166.32 crores in Q4 FY26, which is the highest quarterly revenue in recent history. This growth was primarily driven by seasonal demand in the sugar industry.<BR><BR>However, despite this impressive revenue surge, the company continues to face significant profitability challenges. Kesar Enterprises reported a net loss of ₹7.34 crores for the quarter, although this was an improvement from the ₹16.36 crores loss in the same quarter last year. The operating margin remained negative at -3.68%, although it improved from -13.07% a year ago.<BR><BR>Overall, while the revenue growth is a positive sign, the ongoing losses and negative operating margins indicate that Kesar Enterprises is still grappling with fundamental issues that hinder its profitability. Therefore, the results can be seen as good in terms of sales growth but bad regarding the company's ability to convert that growth into profits.

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.

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.

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.

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.