KKalpana Inds.

Why is KKalpana Industries (India) Ltd falling/rising?

As of 01-Sep, KKalpana Industries (India) Ltd's stock price is rising to 6.88 after a trend reversal, with increased investor participation reflected in a significant rise in delivery volume. Despite this short-term gain, the stock has underperformed over longer periods, with notable declines year-to-date and over the past year.

As of 01-Sep, KKalpana Industries (India) Ltd's stock price is rising, currently at 6.88, reflecting a change of 0.05 (0.73%) upward. This increase comes after a trend reversal, as the stock has gained after three consecutive days of decline. Additionally, the stock has outperformed its sector by 1.14% today, indicating a relative strength compared to its peers.<BR><BR>Investor participation has also increased, with a delivery volume of 58.23k on 31 August, which is a significant rise of 185.61% compared to the 5-day average delivery volume. This suggests a growing interest from investors, which can contribute to upward price movements.<BR><BR>However, it is important to note that despite today's rise, KKalpana Industries has been underperforming over longer periods, with a year-to-date decline of 21.91% and a one-year drop of 46.79%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term bearish trend. Nonetheless, the immediate rise in price can be attributed to the recent trend reversal and increased investor engagement.

Who are in the management team of KKalpana Inds.?

The management team of KKalpana Industries includes Narrindra Suranna (Chairman & Managing Director), P R Mukherjee (Whole-time Director), and several Independent Directors: Samir Kumar Dutta, Ramya Hariharan, and Deepesh Tiwari, along with Non-Executive Director Dev Krishna Surana and Company Secretary Ankita Karnani.

The management team of KKalpana Industries includes the following individuals:<BR><BR>1. **Narrindra Suranna** - Chairman & Managing Director<BR>2. **P R Mukherjee** - Whole-time Director<BR>3. **Samir Kumar Dutta** - Independent Director<BR>4. **Ramya Hariharan** - Independent Director<BR>5. **Deepesh Tiwari** - Independent Director<BR>6. **Dev Krishna Surana** - Non-Executive Director<BR>7. **Ankita Karnani** - Company Secretary & Compliance Officer<BR><BR>If you need more details about their roles or contributions, feel free to ask!

What does KKalpana Inds. do?

KKalpana Industries (India) Ltd is a micro-cap company in the specialty chemicals sector, focusing on recycling plastic and manufacturing plastic granules. As of June 2026, it reported net sales of 4 Cr and a market cap of INR 64 Cr.

Overview:<BR>KKalpana Industries (India) Ltd is a micro-cap company operating in the specialty chemicals industry, primarily engaged in recycling plastic and manufacturing plastic granules.<BR><BR>History:<BR>Incorporated in September 1985, KKalpana Industries initially focused on manufacturing PVC & XLPE Compounds and fabric embroidery. Following an amalgamation, the company shifted its focus to recycling plastic. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 4 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 0 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 64 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 321.00 <BR>Industry P/E: 34 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.70 <BR>Return on Equity: 2.05% <BR>Price to Book: 1.80 <BR><BR>Contact Details:<BR>Address: 2B Pretoria Street, Kolkata West Bengal: 700071 <BR>Tel: 91-33-22823744/3745 <BR>Email: kolkata@kkalpana.co.in <BR>Website: http://www.kkalpanagroup.com

Who are the peers of the KKalpana Inds.?

KKalpana Inds. peers include Deep Polymers, Deepak Chemtex, Technichem Org., Eiko Lifescience, Alkali Metals, Hardcast.& Waud, Kemistar Corp., Crestchem, and Yug Decor. KKalpana Inds. has below-average management risk and growth, with a 1-year return of -47.46%, lower than its peers.

Peers: The peers of KKalpana Inds. are Deep Polymers, Deepak Chemtex, Technichem Org., Eiko Lifescience, Alkali Metals, Hardcast.& Waud, Kemistar Corp., Crestchem, and Yug Decor.<BR><BR>Quality Snapshot: Excellent management risk is observed at Eiko Lifescience and Crestchem, while Average management risk is found at Kemistar Corp. and Yug Decor. Below Average management risk is noted for Deep Polymers, Technichem Org., Alkali Metals, KKalpana Inds., Hardcast.& Waud. For Growth, Excellent growth is seen at Eiko Lifescience and Hardcast.& Waud, while Good growth is noted at Deep Polymers and Crestchem. Below Average growth is present at Deepak Chemtex, Technichem Org., Alkali Metals, KKalpana Inds., and Kemistar Corp. Average capital structure is found at Deep Polymers, Technichem Org., and Kemistar Corp., while Good capital structure is noted for Deepak Chemtex, Eiko Lifescience, Hardcast.& Waud, and Crestchem. Below Average capital structure is observed at Alkali Metals, KKalpana Inds., and Yug Decor.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Hardcast.& Waud at 11.35%, while the peer with the lowest is Deepak Chemtex at -41.75%. KKalpana Inds. has a 1-year return of -47.46%, which is lower than both of these peers. Additionally, the six-month return is negative for Deep Polymers, Deepak Chemtex, Technichem Org., Alkali Metals, KKalpana Inds., Kemistar Corp., and Eiko Lifescience.

How big is KKalpana Inds.?

As of 31st August, KKalpana Industries (India) Ltd has a market capitalization of 64.00 Cr, with net sales of 65.95 Cr and a net profit of 0.20 Cr reported in the latest four quarters. The balance sheet as of March 2023 shows shareholder's funds of 35.27 Cr and total assets of 96.57 Cr.

As of 31st August, KKalpana Industries (India) Ltd has a market capitalization of 64.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, KKalpana Industries reported net sales of 65.95 Cr and a net profit of 0.20 Cr.<BR><BR>The latest annual period for the balance sheet is March 2023, showing shareholder's funds of 35.27 Cr and total assets of 96.57 Cr.

Which are the latest news on KKalpana Inds.?

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

Are KKalpana Industries (India) Ltd latest results good or bad?

Kalpana Industries (India) Ltd's latest results are mixed; while net sales reached a record ₹10.89 crores, the company reported a net loss of ₹0.01 crores and continues to face operational challenges, indicating overall financial health remains concerning.

Kalpana Industries (India) Ltd's latest results present a mixed picture. On one hand, the company achieved its highest quarterly net sales of ₹10.89 crores in Q3 FY26, indicating some stabilization in revenue after a significant decline. However, this positive aspect is overshadowed by the fact that the company reported a consolidated net loss of ₹0.01 crores for the quarter, marking it as a loss-making period.<BR><BR>While the operating margin (excluding other income) has improved to 5.05%, this is still a fragile recovery from previous negative margins. The overall financial performance shows that, despite some revenue growth, profitability remains elusive, and the company continues to face significant operational challenges.<BR><BR>Additionally, the company's average Return on Equity (ROE) of 6.27% is below industry standards, and its high leverage, with a debt-to-equity ratio of 1.28, raises concerns about financial sustainability. The stock has also underperformed significantly, trading 49.25% below its 52-week high, which reflects a lack of confidence from investors.<BR><BR>In summary, while there are some signs of revenue stabilization, the overall financial health of Kalpana Industries remains concerning, and the latest results can be viewed as more bad than good due to ongoing losses and operational challenges.

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

The next results date for KKalpana Industries (India) Ltd is 09 February 2026.

The next results date for KKalpana Industries (India) Ltd is scheduled for 09 February 2026.

How has been the historical performance of KKalpana Inds.?

KKalpana Inds. has experienced significant financial decline from Mar'20 to Mar'23, with net sales dropping from 1,744.70 Cr to 272.21 Cr, and operating profit turning negative at -4.74 Cr. The company's total assets and cash flow also decreased sharply, indicating substantial challenges in maintaining performance.

Answer:<BR>The historical performance of KKalpana Inds. shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>KKalpana Inds. experienced a notable decline in net sales from Mar'20 to Mar'23, dropping from 1,744.70 Cr to 272.21 Cr, with a peak in Mar'21 at 1,550.05 Cr. The total operating income followed a similar trend, decreasing from 1,744.70 Cr in Mar'20 to 272.21 Cr in Mar'23. The company's total expenditure also decreased significantly, from 1,670.04 Cr in Mar'20 to 276.95 Cr in Mar'23. Operating profit (PBDIT) turned negative in Mar'23 at -4.74 Cr, compared to a positive 74.66 Cr in Mar'20. Profit before tax showed a decline from 29.74 Cr in Mar'20 to 2.19 Cr in Mar'23, while profit after tax decreased from 30.22 Cr to 1.68 Cr in the same period. The company's total assets dropped dramatically from 841.56 Cr in Mar'21 to 96.57 Cr in Mar'23, and total liabilities also decreased from 841.56 Cr to 96.57 Cr. Cash flow from operating activities turned negative in Mar'23 at -4.00 Cr, contrasting with positive cash flows in previous years. Overall, KKalpana Inds. has faced significant challenges in maintaining its financial performance over the past few years.

Who are the top shareholders of the KKalpana Inds.?

The top shareholder of KKalpana Industries is Bbigplas Poly Private Limited, holding 74.18% of the shares. The Investor Education and Protection Fund Authority is the largest public shareholder at 1.65%, while individual investors own 20.49%.

The top shareholders of KKalpana Industries include Bbigplas Poly Private Limited, which holds a significant 74.18% of the shares, making it the largest promoter. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors holding shares. The highest public shareholder is the Investor Education and Protection Fund Authority, which holds 1.65%. Additionally, individual investors collectively own 20.49% of the company.

Is KKalpana Inds. overvalued or undervalued?

As of April 13, 2023, KKalpana Inds. is considered overvalued and risky due to a high PE ratio of 110.91, negative EV to EBIT and EBITDA ratios, poor ROCE of -14.15%, and a year-to-date decline of 22.01%, significantly underperforming compared to its peers and the Sensex.

As of 13 April 2023, KKalpana Inds. has moved from a grade of "does not qualify" to "risky," indicating a significant change in its valuation outlook. The company is currently considered overvalued, primarily due to its high PE ratio of 110.91 and negative EV to EBIT and EV to EBITDA ratios of -13.79 and -18.91, respectively. Additionally, the ROCE stands at -14.15%, reflecting poor capital efficiency.<BR><BR>In comparison to its peers, KKalpana Inds. has a substantially higher PE ratio than Supreme Inds. at 57.34 and Astral at 78.35, both of which are categorized as very expensive. The company's valuation metrics suggest that it is not only overvalued relative to its peers but also underperforming in terms of returns, with a year-to-date decline of 22.01% compared to the Sensex's gain of 5.63%. Overall, these factors reinforce the conclusion that KKalpana Inds. is overvalued in the current market environment.

What is the technical trend for KKalpana Inds.?

As of June 5, 2025, KKalpana Inds. is in a strong bearish trend, supported by MACD, Bollinger Bands, and daily moving averages, despite some mildly bullish signals from the KST.

As of 5 June 2025, the technical trend for KKalpana Inds. has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from the MACD on both weekly and monthly time frames. The Bollinger Bands also confirm a bearish trend on both time frames. Daily moving averages further support this bearish outlook. The KST shows a mildly bullish signal on the weekly and bullish on the monthly, but this is overshadowed by the overall bearish indicators. The Dow Theory indicates a mildly bearish trend on the weekly and no trend on the monthly, reinforcing the bearish sentiment. Overall, the strength of the bearish trend is significant given the alignment of multiple indicators.

Has KKalpana Inds. declared dividend?

KKalpana Industries (India) Ltd has declared a 10% dividend, amounting to ₹0.20 per share, with an ex-date of September 17, 2021. Despite the dividend declaration, the dividend yield is 0%, and total returns have varied significantly across different periods, showing losses in the short term but a positive return over the last five years.

KKalpana Industries (India) Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 0.20<BR>- Ex-date: 17 Sep 21<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -34.28%, with a dividend return of 0%, resulting in a total return of -34.28%.<BR><BR>Over the past year, the price return was 11.18%, with a dividend return of 0%, leading to a total return of 11.18%.<BR><BR>In the two-year period, the price return was -12.69%, with a dividend return of 0%, culminating in a total return of -12.69%.<BR><BR>For the three-year period, the price return was -20.87%, with a dividend return of 0%, resulting in a total return of -20.87%.<BR><BR>In the four-year period, the price return was -49.07%, with a dividend return of 0.73%, giving a total return of -48.34%.<BR><BR>Over the last five years, the price return was 13.94%, with a dividend return of 2.08%, resulting in a total return of 16.02%.<BR><BR>Overall, KKalpana Industries has declared a dividend, but the dividend yield remains at 0%. The total returns over various periods show mixed performance, with significant losses in the shorter terms and a positive return over the five-year period.