Want to see IN:KHAITANLTD full AI Analyst Report?
Top Page
Khaitan India Ltd.
(KHAITANLTD)
Select Model
Select Model
Rating:72Outperform
Price Target:
₹180.00
▲(73.24% Upside)
Action:Upgraded
Date:08/30/26
The score is driven mainly by improving fundamentals and a de-risked balance sheet, tempered by FY2026 margin compression and historically uneven cash-flow conversion. Technicals are neutral-to-mildly positive (above key longer-term averages), while valuation looks attractive on a low P/E.
Positive Factors
Revenue growth and profitability turnaround
The shift from losses to several years of profitability, combined with strong FY2026 revenue growth, indicates meaningful operating improvement and stronger demand or execution. If sustained, this progress can support reinvestment, improve resilience, and establish a more durable earnings base.
Negative Factors
FY2026 margin compression
The sharp decline in gross and net margins shows that strong revenue growth did not translate proportionately into profits. Persistent cost increases or pricing pressure could limit earnings conversion, weaken operating leverage, and make future profitability more sensitive to revenue fluctuations.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth and profitability turnaround
The shift from losses to several years of profitability, combined with strong FY2026 revenue growth, indicates meaningful operating improvement and stronger demand or execution. If sustained, this progress can support reinvestment, improve resilience, and establish a more durable earnings base.
Read all positive factors
Khaitan India Ltd. (KHAITANLTD) vs. iShares MSCI India ETF (INDA)
Market Cap
₹731.02M
Dividend YieldN/A
Average Volume (3M)511.00
Price to Earnings (P/E)10.4
Beta (1Y)0.61
Revenue Growth41.12%
EPS Growth7.20%
CountryIN
Employees114
SectorGeneral
Sector StrengthN/A
IndustryFurnishings, Fixtures & Appliances
Share Statistics
EPS (TTM)14.58
Shares Outstanding4,750,000
10 Day Avg. Volume324
30 Day Avg. Volume511
Financial Highlights & Ratios
PEG Ratio-0.56
Price to Book (P/B)1.32
Price to Sales (P/S)0.39
P/FCF Ratio5.82
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Khaitan India Ltd. Business Overview & Revenue Model
Company Description
Khaitan (India) Limited, a company established in 1936 and based in Kolkata, India, is primarily engaged in the manufacturing and commercial distribution of sugar across the nation. Its business operations are segmented into Marketing, Sugar, and ...
Khaitan India Ltd. Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
78
Positive
Cash Flow
66
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.24B | 1.12B | 776.09M | 592.00M | 594.56M | 461.42M |
| Gross Profit | 206.48M | 171.41M | 155.91M | 185.48M | 137.77M | 119.73M |
| EBITDA | 86.79M | 81.10M | 97.79M | 52.15M | 50.98M | 15.26M |
| Net Income | 69.23M | 60.50M | 69.79M | 13.40M | 6.79M | -32.85M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 780.21M | 707.58M | 698.30M | 714.05M | 765.74M |
| Cash, Cash Equivalents and Short-Term Investments | 40.24M | 40.24M | 12.32M | 519.00K | 3.16M | 4.08M |
| Total Debt | 0.00 | 54.29M | 105.48M | 117.24M | 102.43M | 153.86M |
| Total Liabilities | -335.28M | 444.93M | 433.73M | 495.85M | 527.73M | 590.87M |
| Stockholders Equity | 335.28M | 335.28M | 273.85M | 202.45M | 186.32M | 174.87M |
Cash Flow | ||||||
| Free Cash Flow | 548.00K | 75.91M | 24.74M | 6.97M | 70.71M | 50.41M |
| Operating Cash Flow | 3.24M | 79.00M | 26.49M | 8.32M | 74.85M | 62.16M |
| Investing Cash Flow | -658.00K | 51.00K | -2.93M | 3.04M | 145.00K | -10.20M |
| Financing Cash Flow | -2.22M | -51.18M | -11.76M | -13.99M | -75.92M | -49.10M |
Khaitan India Ltd. Technical Analysis
Positive
103.90
Price Trends
144.64
Positive
138.52
Positive
119.55
Positive
Market Momentum
3.30
Positive
51.86
Neutral
23.18
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:KHAITANLTD, the sentiment is Positive. The current price of 103.9 is below the 20-day moving average (MA) of 153.73, below the 50-day MA of 144.64, and below the 200-day MA of 119.55, indicating a bullish trend. The MACD of 3.30 indicates Positive momentum. The RSI at 51.86 is Neutral, neither overbought nor oversold. The STOCH value of 23.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:KHAITANLTD.
Khaitan India Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ₹731.02M | 10.43 | ― | ― | 41.12% | 7.20% | |
62 Neutral | ₹35.73B | 32.43 | ― | 0.90% | 12.84% | 27.11% | |
56 Neutral | ₹145.52B | -65.45 | ― | 1.33% | 7.87% | -142.53% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | ₹37.29B | -85.69 | ― | 0.93% | -5.30% | -140.84% | |
46 Neutral | ₹9.80B | 80.85 | ― | 0.26% | -10.31% | -24.66% | |
45 Neutral | ₹12.20B | -15.69 | ― | 3.86% | 6.34% | -221.02% |
* General Sector Average
IN:KHAITANLTD
Khaitan India Ltd.
153.90
22.95
17.53%
IN:BAJAJELEC
Bajaj Electricals Limited
323.10
-254.50
-44.06%
IN:CROMPTON
Crompton Greaves Consumer Electricals Ltd.
226.00
-79.03
-25.91%
IN:MIRCELECTR
MIRC Electronics Limited
33.03
4.03
13.90%
IN:ORIENTELEC
Orient Electric Ltd.
167.45
-36.23
-17.79%
IN:WEL
Wonder Electricals Limited
73.13
-86.21
-54.10%
Khaitan India Ltd. Corporate Events
Khaitan India Urges Shareholders to Demat Shares, Highlights SEBI Special Window
Sep 1, 2026
Khaitan (India) Limited has notified shareholders that, in line with SEBI requirements, its shares must be held in dematerialised form and corporate communications will be sent electronically, urging investors to register their email IDs and demat...
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.