Khaitan (India)

Why is Khaitan (India) Ltd falling/rising?

As of 02-Aug, Khaitan (India) Ltd's stock price is rising to 129.50, driven by strong quarterly results, increased investor participation, and outperformance against market benchmarks. The stock has shown a year-to-date return of 28.23%, significantly exceeding the Sensex's decline.

As of 02-Aug, Khaitan (India) Ltd's stock price is rising, currently at 129.50, reflecting a change of 3.04 (2.4%) upward. This increase can be attributed to several factors. Firstly, the stock has outperformed its sector by 2.7% today, indicating strong relative performance. Additionally, there has been a significant rise in investor participation, with delivery volume on 30 July increasing by 353.74% compared to the 5-day average, suggesting heightened interest from investors.<BR><BR>Moreover, the company has reported positive results for the last three consecutive quarters, with a higher profit after tax (PAT) of Rs 6.62 Cr and the highest net sales for a quarter at Rs 41.45 Cr. These financial metrics contribute to an attractive valuation, as indicated by a return on capital employed (ROCE) of 19.2 and a favorable enterprise value to capital employed ratio of 1.9. <BR><BR>Despite a slight decline of 2.67% over the past month, the stock has shown robust performance year-to-date with a return of 28.23%, significantly outperforming the Sensex, which has declined by 6.68% during the same period. The consistent returns over the last three years, where the stock has outperformed the BSE500 in each of the last three annual periods, further bolster investor confidence. <BR><BR>In summary, the combination of strong quarterly results, increased investor participation, and favorable comparisons to market benchmarks are driving the rise in Khaitan (India) Ltd's stock price.

Which are the latest news on Khaitan (India)?

Should I buy, sell or hold Khaitan (India) Ltd?

What does Khaitan (India) do?

Khaitan (India) Ltd is a micro-cap company in the Electronics & Appliances industry, primarily involved in sugarcane cultivation and crystal sugar manufacturing. As of March 2026, it reported net sales of 36 Cr and a net profit of 3 Cr, with a market cap of INR 64 Cr.

Overview:<BR>Khaitan (India) Ltd operates in the Electronics & Appliances industry as a micro-cap company, primarily engaged in the cultivation of sugarcane and the manufacturing of crystal sugar.<BR><BR>History:<BR>Incorporated in 1936, Khaitan (India) Ltd underwent a significant change when Khaitan Agro Complex merged with the firm in January 1994. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 36 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 3 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 64 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 12.00<BR>- Industry P/E: 19<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.34<BR>- Return on Equity: 22.20%<BR>- Price to Book: 2.34<BR><BR>Contact Details:<BR>Address: 46C J L Nehru Road, Kolkata West Bengal: 700071 <BR>Tel: 91-033-22888391/40505000 <BR>Email: kilsugar@gmail.com <BR>Website: http://www.khaitansugar.in

How big is Khaitan (India)?

As of 10th June, Khaitan (India) Ltd has a market capitalization of 64.00 Cr, classified as a Micro Cap, with net sales of 100.46 Cr and net profit of 5.25 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Khaitan (India) Ltd has a market capitalization of 64.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 100.46 Cr, while the sum of Net Profit for the same period is 5.25 Cr.<BR><BR>Balance Sheet Snapshot: The latest reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 27.39 Cr, and Total Assets amount to 70.76 Cr.

Who are in the management team of Khaitan (India)?

The management team of Khaitan (India) includes Sunay Krishna Khaitan (Whole-time Director), Sandip Chatterjee, Sujata Chatterjee, Manoj Chhawchharia, Gopal Mor (all Independent Directors), Aashish Neotia, Ajay Ahlawat (Non-Executive Directors), and Ankit Sugandh (Company Secretary & Compliance Officer). This diverse team ensures effective governance and oversight.

The management team of Khaitan (India) includes the following individuals:<BR><BR>1. **Sunay Krishna Khaitan** - Whole-time Director<BR>2. **Sandip Chatterjee** - Independent Director<BR>3. **Sujata Chatterjee** - Independent Director<BR>4. **Manoj Chhawchharia** - Independent Director<BR>5. **Gopal Mor** - Independent Director<BR>6. **Aashish Neotia** - Non-Executive Director<BR>7. **Ankit Sugandh** - Company Secretary & Compliance Officer<BR>8. **Ajay Ahlawat** - Non-Executive Director<BR><BR>This team brings a mix of executive and independent oversight to the company's governance.

Who are the peers of the Khaitan (India)?

Khaitan (India) peers include Inflame Appliances, Calcom Vision, Gothi Plascon, and others. Khaitan has a 1-year return of 11.85%, with average management risk and good growth compared to its peers.

Peers: The peers of Khaitan (India) are Inflame Applian., Calcom Vision, Gothi Plascon, Gorani Industrie, Comrade Applian., Five Core Elect., Greenchef Appli., Jay Jalaram Tech, and Aspire & Innovat.<BR><BR>Quality Snapshot: Good management risk is observed at Inflame Applian. and Gothi Plascon, while Average management risk is found at Jay Jalaram Tech, Gorani Industrie, and the rest. Below Average management risk is present at Calcom Vision, Khaitan (India), Comrade Applian., Greenchef Appli., and Aspire & Innovat. Growth is Excellent at Jay Jalaram Tech, Good at Inflame Applian., Calcom Vision, and Khaitan (India), while Below Average growth is noted for Gothi Plascon, Gorani Industrie, Comrade Applian., Greenchef Appli., and Aspire & Innovat. Capital Structure is Good at Gothi Plascon, Average at Aspire & Innovat, and Below Average at Inflame Applian., Calcom Vision, Khaitan (India), Gorani Industrie, Comrade Applian., and Greenchef Appli.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Inflame Applian. at 6.93%, while the lowest is Comrade Applian. at -61.20%. Khaitan (India) has a 1-year return of 11.85%, which is higher than Inflame Applian. and significantly better than Comrade Applian. Additionally, peers such as Gorani Industrie, Comrade Applian., and Calcom Vision have negative six-month returns.

Are Khaitan (India) Ltd latest results good or bad?

Khaitan (India) Ltd's latest Q4 FY26 results are strong, with a net profit increase of 139.34% and revenue growth of 34.77%, driven by higher sugarcane crushing volumes. However, investors should be cautious due to the cyclical nature of the sugar industry and the company's relatively small scale.

Khaitan (India) Ltd's latest results for Q4 FY26 can be considered good, showcasing significant improvements across key financial metrics. The company reported a net profit of ₹2.92 crore, which is a remarkable increase of 139.34% quarter-on-quarter. Revenue also saw a strong rise, reaching ₹36.16 crore, up 34.77% from the previous quarter. Additionally, the operating margin improved to 8.16%, reflecting better operational efficiency compared to the previous quarter's margin of 6.30%.<BR><BR>This quarter marks the company's strongest performance in recent history, driven by higher crushing volumes during the peak sugarcane season. The substantial year-on-year revenue growth of 161.27% is notable, although it is influenced by a weak base from the previous year.<BR><BR>However, while the quarterly results are impressive, it's important to consider the cyclical nature of the sugar industry, which can introduce volatility. The company operates on a relatively small scale, which can limit its competitive advantages compared to larger producers. Additionally, the high valuation multiples and limited institutional interest may raise concerns about sustainability in the long term.<BR><BR>In summary, while the latest results are strong and indicate a positive trend, potential investors should remain cautious due to the inherent risks associated with the sugar industry and the company's structural challenges.

When is the next results date for Khaitan (India) Ltd?

The next results date for Khaitan (India) Ltd is 26 May 2026.

The next results date for Khaitan (India) Ltd is scheduled for 26 May 2026.

How has been the historical performance of Khaitan (India)?

Khaitan (India) faced significant financial challenges in the fiscal year ending March 2022, reporting net sales of 52.26 crore against total expenditures of 53.25 crore, resulting in a profit before tax of -3.29 crore and negative margins. The company's balance sheet showed total liabilities and assets both at 76.57 crore, with total reserves at -14.25 crore, indicating ongoing struggles with profitability and cost management.

Answer:<BR>The historical performance of Khaitan (India) has shown significant challenges, particularly in the fiscal year ending March 2022, where the company reported a net sales figure of 52.26 crore and a total operating income of the same amount. However, the total expenditure exceeded this income at 53.25 crore, leading to an operating profit (PBDIT) of 1.02 crore, which was offset by interest expenses of 2.50 crore, resulting in a profit before tax of -3.29 crore. Consequently, the profit after tax also stood at -3.29 crore, reflecting a negative earnings per share of -6.93. The company's operating profit margin was recorded at -1.89%, and the profit after tax margin was -6.3%. <BR><BR>In terms of balance sheet performance, the total liabilities as of March 2022 were 76.57 crore, with total assets also at 76.57 crore, indicating a balanced sheet. The company had a book value per share of 36.81. Over the years, Khaitan (India) has seen fluctuations in its total reserves, which were -14.25 crore in March 2022, and its shareholder's funds were 17.49 crore. The cash flow analysis indicates a profit before tax of -3.00 crore for the same year, with cash flow from operating activities at 6.00 crore, but financing activities resulted in an outflow of 4.00 crore, leading to a net cash inflow of 0.00 crore. Overall, the financial metrics suggest a company struggling with profitability and managing its costs effectively. <BR><BR>Breakdown:<BR>Khaitan (India) has faced a challenging financial landscape, particularly highlighted in the fiscal year ending March 2022, where it reported net sales and total operating income of 52.26 crore, but incurred total expenditures of 53.25 crore. This resulted in an operating profit (PBDIT) of 1.02 crore, which was insufficient to cover interest expenses, leading to a profit before tax and profit after tax of -3.29 crore. The company's margins were notably negative, with an operating profit margin of -1.89% and a profit after tax margin of -6.3%. On the balance sheet, total liabilities matched total assets at 76.57 crore, while total reserves were negative at -14.25 crore. The book value per share was recorded at 36.81. Cash flow analysis revealed a profit before tax of -3.00 crore, with cash flow from operating activities at 6.00 crore, but financing activities resulted in a cash outflow of 4.00 crore, culminating in a net cash inflow of 0.00 crore. This performance indicates ongoing difficulties in achieving profitability and managing operational costs effectively.

Is Khaitan (India) overvalued or undervalued?

As of September 18, 2025, Khaitan (India) is considered overvalued with a PE ratio of 9.61 and an EV to EBITDA of 11.39, especially compared to peers like EID Parry and Balrampur Chini, despite its strong year-to-date stock performance of 51.17% versus the Sensex's 6.24%.

As of 18 September 2025, Khaitan (India) has moved from a fair to an expensive valuation grade. The company appears to be overvalued based on its current financial metrics. Key ratios include a PE Ratio of 9.61, an EV to EBITDA of 11.39, and a ROE of 23.59%. <BR><BR>In comparison with peers, EID Parry is categorized as very expensive with a PE of 24.93, while Balrampur Chini is considered fair with a PE of 24.87. The significant disparity in valuation ratios suggests that Khaitan (India) is not only overvalued but also lacks competitive pricing relative to its peers. Notably, the company's stock has outperformed the Sensex significantly over various periods, with a year-to-date return of 51.17% compared to the Sensex's 6.24%, which may reinforce investor sentiment despite the overvaluation.

Who are the top shareholders of the Khaitan (India)?

The top shareholders of Khaitan (India) include Khaitan Lefin Limited with 23.82%, and individual investors holding about 32.64%, with Madanlal Jawanmal Ji Jain as the largest public shareholder at 1.17%. There are no holdings by mutual funds or foreign institutional investors.

The top shareholders of Khaitan (India) primarily include the promoters, with Khaitan Lefin Limited holding the highest stake at 23.82%. Additionally, individual investors collectively own about 32.64% of the shares. Notably, the highest public shareholder is Madanlal Jawanmal Ji Jain, who holds 1.17%. It's important to mention that there are currently no holdings by mutual funds or foreign institutional investors (FIIs).

What is the technical trend for Khaitan (India)?

As of June 3, 2025, Khaitan (India) shows a bullish technical trend supported by positive MACD and moving averages, despite a bearish weekly RSI indicating some momentum weakness.

As of 3 June 2025, the technical trend for Khaitan (India) has changed from mildly bullish to bullish. The weekly MACD and moving averages indicate a bullish stance, while the KST is also bullish on the weekly timeframe. However, the weekly RSI is bearish, suggesting some weakness in momentum. The Bollinger Bands show a mildly bullish trend on both weekly and monthly charts. Dow Theory confirms a bullish trend on the weekly but shows no trend on the monthly. Overall, the current technical stance is bullish, driven primarily by the bullish MACD and moving averages, despite some mixed signals from the RSI and KST.

Has Khaitan (India) declared dividend?

No Dividend History Available