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Kaya Ltd (IN:KAYA)
:KAYA
India Market
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Kaya Ltd (KAYA) AI Stock Analysis

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IN:KAYA

Kaya Ltd

(KAYA)

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Neutral 51 (OpenAI - Gpt-5.6Sol)
Rating:51Neutral
Price Target:
₹345.00
▼(-1.43% Downside)
Action:Reiterated
Date:08/21/26
The score is held back primarily by very weak financial performance (widening losses, negative equity, and negative recent operating/free cash flow), partially offset by strong recent technical momentum with the stock trading well above major moving averages. Valuation contributes modestly negatively because the negative P/E reflects ongoing losses and there is no dividend yield data to support the investment case.
Positive Factors
FY2026 Revenue Rebound
The FY2026 revenue rebound shows the company can regain top-line scale after a sharp prior-year contraction. If sustained, it could improve operating leverage and provide a larger base from which management can address losses, although profitability has not yet followed.
Negative Factors
Deepening Losses
Widening net losses and deeply negative EBIT show that revenue recovery has not translated into a profitable operating model. Persistent negative margins reduce internal funding capacity, weaken resilience, and make future growth more dependent on a successful turnaround.
Read all positive and negative factors
Positive Factors
Negative Factors
FY2026 Revenue Rebound
The FY2026 revenue rebound shows the company can regain top-line scale after a sharp prior-year contraction. If sustained, it could improve operating leverage and provide a larger base from which management can address losses, although profitability has not yet followed.
Read all positive factors

Kaya Ltd (KAYA) vs. iShares MSCI India ETF (INDA)

Kaya Ltd Business Overview & Revenue Model

Company Description
Kaya Limited manages and operates a network of specialized clinics focused on dermatological and trichological well-being. The company delivers a wide spectrum of treatments addressing issues such as age-related skin concerns, pigmentation irregul...

Kaya Ltd Financial Statement Overview

Summary
Financial fundamentals are highly strained: profitability is deeply negative with widening losses (FY2026 net loss -961.7M; EBIT -560.3M), the balance sheet shows persistent negative equity (FY2026 -1.53B) with elevated debt (2.96B vs. 2.78B assets), and recent cash flows indicate ongoing cash burn (FY2026 FCF -511.9M; FY2025 FCF -551.0M).
Income Statement
18
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
22
Negative
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue2.30B2.22B2.17B4.04B3.77B3.24B
Gross Profit938.70M602.24M687.29M905.02M3.03B2.61B
EBITDA-170.05M-165.36M349.31M-311.10M-146.25M152.75M
Net Income-972.65M-961.73M-453.22M-1.29B-1.16B-688.37M
Balance Sheet
Total Assets0.002.78B2.37B2.95B3.70B3.61B
Cash, Cash Equivalents and Short-Term Investments400.72M402.40M110.19M452.81M749.34M514.73M
Total Debt0.002.96B2.56B3.01B2.49B2.04B
Total Liabilities1.53B4.31B3.76B5.22B4.73B3.62B
Stockholders Equity-1.53B-1.53B-1.39B-2.27B-1.04B-15.54M
Cash Flow
Free Cash Flow-165.07M-511.94M-551.02M28.55M378.14M139.37M
Operating Cash Flow120.73M-105.46M-253.25M387.93M627.78M298.89M
Investing Cash Flow-794.32M-631.74M245.94M-85.14M-397.65M-346.81M
Financing Cash Flow653.38M678.29M-100.29M-375.49M-183.28M118.47M

Kaya Ltd Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price350.00
Price Trends
50DMA
295.36
Positive
100DMA
273.09
Positive
200DMA
306.32
Positive
Market Momentum
MACD
13.21
Positive
RSI
52.38
Neutral
STOCH
46.57
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:KAYA, the sentiment is Neutral. The current price of 350 is above the 20-day moving average (MA) of 343.05, above the 50-day MA of 295.36, and above the 200-day MA of 306.32, indicating a neutral trend. The MACD of 13.21 indicates Positive momentum. The RSI at 52.38 is Neutral, neither overbought nor oversold. The STOCH value of 46.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:KAYA.

Kaya Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
₹162.06B21.623.77%2.82%-8.52%
69
Neutral
₹4.57T30.512.12%3.83%38.55%
69
Neutral
₹153.52B62.180.63%21.08%237.04%
65
Neutral
₹659.91B33.852.19%7.40%10.63%
59
Neutral
₹885.16B46.492.28%9.22%3.19%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
51
Neutral
₹5.30B-5.285.37%-59.11%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:KAYA
Kaya Ltd
333.05
-71.90
-17.76%
IN:DABUR
Dabur India Limited
377.50
-151.61
-28.65%
IN:EMAMILTD
Emami Limited
371.30
-218.43
-37.04%
IN:GODREJCP
Godrej Consumer Products Limited
871.00
-353.99
-28.90%
IN:HINDUNILVR
Hindustan Unilever Limited
1,937.50
-557.63
-22.35%
IN:HONASA
Honasa Consumer Limited
475.10
177.36
59.57%

Kaya Ltd Corporate Events

Kaya Limited Announces Resignation of Head of IT
Sep 2, 2026
Kaya Limited has announced the resignation of Mr. Lokesh Wagadre from his role as Vice President and Head IT, a senior management position overseeing the company’s technology function. He will continue in his responsibilities until the close...
Kaya Limited Announces Completion of Tenure of Independent Director Om Prakash Manchanda
Aug 3, 2026
Kaya Limited has announced that independent director Om Prakash Manchanda has completed his first consecutive five-year term on the board and ceased to be a director effective August 2, 2026, in line with regulatory requirements. The board and man...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 21, 2026