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Kamdhenu Limited (KAMDHENU)

Small Cap

Metals stocks · Small cap · NSE

Kamdhenu Limited operates in Steel Products, within the Metals sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹35.83
-1.47 · -3.94%
Market cap ₹1,035 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm IST
Details
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result29 Jul, 08:56 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Metals P/E 23.2 (n=92)
Technical timing lens

Trend score and candlestick chart

47Neutral

MACD −

Stock trend: 49
Sector RS: 44
Sector 3M: -5.5% vs Nifty 500 -5.6%
Metals FPI tailwindNot confirmed

Latest mapped FPI equity flow was not positive. View sector evidence

Technical chart

KAMDHENUD candles · FIT view+56.9%
Latest close ₹35.83 on 2026-10-21
Bar
-3.2%
RSI
40
MACD hist
-0.23
52W pos
71%
Visible chart range
Candle interval
2026-10-21O ₹37.01H ₹37.74L ₹35.21C ₹35.83Vol 8.7L sh
₹20.70₹26.72₹32.75₹38.77₹44.8052H₹35.832026-06VolRSIMACD2026-042026-062026-082026-092026-11
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context

Relative performance and chart statistics

Adjusted completed-session prices, rebased to 100

KAMDHENUNifty MetalNifty 500
-11%+3%+16%+30%21 Jul2 Sept21 Oct21 Oct 2026KAMDHENU +6.9%Nifty Metal -6.1%Nifty 500 -6.5%
KAMDHENU
+6.9%
Nifty 500
-6.5%
Nifty Metal
-6.1%
Vs Nifty 500
+13.4 pp
Chart stats
21 Oct 2026
From 52W high
-18.0%
₹43.7
52W range position
71%
₹16.2 - ₹43.7
ATR (14)
5.4%
₹1.9
Volume vs 20D
0.86x
Latest completed session
Avg traded value
₹3.5 Cr
20-session average
20D price channel
₹35.2 - ₹43.7
30.4% annualized volatility
Research snapshot

What the evidence says now

Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is consistent.

Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · WATCHLIST
36

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Latest result
Average
47

Revenue +8.7% · PAT +38.1% YoY

Technical
Neutral
47

Price trend and sector-relative-strength timing.

Valuation
Legacy model
-5.1%

Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.

Trust
Limited evidence
80

Financial-only signal; management claim evidence is not sufficient yet.

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Latest result

Quarter ended 30 Jun 2026

Average · 47/100

margin compression · Rev +9% YoY · PAT +38% YoY · operating leverage

Filed 29 Jul 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹213 Cr+8.7%+2.4%
EBITDA₹21 Cr+0.0%-38.2%
Operating margin10.0%-100 bps-700 bps
PAT₹29 Cr+38.1%+70.6%
PAT margin13.6%+291 bps+545 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E
34.00
P/B
4.53
EV/EBITDA
16.60
Market Cap
1035.00Cr

Profitability

ROE
14.70%
ROCE
16.90%
ROA
5.88%
Dividend Y
1.09%

Growth (CAGR)

Revenue 5Y
23.00%
EPS 5Y
23.00%
Revenue 3Y
6.00%
EPS 3Y
6.00%

Balance Sheet

Debt/Equity
0.43
Interest Coverage
5.90×
Altman Z
5.90
Book Value
8.10

Cash Flow

FCF Yield
2.90%
FCF Positive Y
2/5
OCF
44.00 Cr
EPS TTM
0.98

Shareholding

Promoter Hold
49.03%
Promoter Pledge
0.00%
Momentum 52W
74%

Financial History

Updated 21/10/2026

Revenue

₹ Cr
Latest: 213+2.4% vs prev
0213.0Sep 2023: 185Dec 2023: 155Mar 2024: 176Jun 2024: 185Sep 2024: 190Dec 2024: 175Mar 2025: 198Jun 2025: 196Sep 2025: 191Dec 2025: 169Mar 2026: 208Jun 2026: 213Q2 23Q3 23FY24Q1 24Q2 24Q3 24FY25Q1 25Q2 25Q3 25FY26Q1 26

Net Profit

₹ Cr
Latest: 29.0+70.6% vs prev
029.0Sep 2023: 10.0Dec 2023: 11.0Mar 2024: 17.0Jun 2024: 15.0Sep 2024: 16.0Dec 2024: 12.0Mar 2025: 17.0Jun 2025: 21.0Sep 2025: 19.0Dec 2025: 21.0Mar 2026: 17.0Jun 2026: 29.0Q2 23Q3 23FY24Q1 24Q2 24Q3 24FY25Q1 25Q2 25Q3 25FY26Q1 26
ROE is shown only in the Annual view — quarterly equity data isn't published.

Technicals

Trend interpretation, Stage 2, relative strength, volume and indicator evidence

Daily technical trend read

Bearish setup

Trend is weak — long-term uptrend intact. RSI 40.

  • Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
  • SMA20 roughly flat — short-term momentum stalled.
  • RSI(14) at 40 — falling, no extreme reading.
  • MACD below signal, histogram expanding negatively — bearish momentum building.
  • 18% off 52W high · 122% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Valuation & peers

U-Score 36 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies

36U-SCORE
WATCHLIST

Fundamental score breakdown

U band · WATCHLIST
Valuation0/30
Growth10/25
Quality9/20
Balance Sheet8/15
Cash Flow4/10
Piotroski
7/9 (+5)
Penalties
0
Raw sum
36

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

36/100 · legacy band WATCHLIST

Positive drivers

  • Piotroski is strong at 7/9.
  • Balance sheet contributes 8/15 to the score.
  • Quality contributes 9/20 to the score.

Main drags

  • Fair-value margin of safety is negative at -5.1%.
  • Valuation is weaker at 0/30; verify the latest quarterly trend.
  • Growth is weaker at 10/25; verify the latest quarterly trend.
Sector valuation model

Cyclical valuation: normalized earnings, not just trailing PE

Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.

Cyclical normalized
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
34.0
PB
4.5
EV/EBITDA
16.6
ROE
14.7%
ROCE
16.9%
FCF Yield
2.9%
Debt/Equity
0.4
MoS
-5.1%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
36
Previous: 36
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-5.1%
Previous: -9.4%

Score history

12 stored score snapshots. Latest stored move: +0 points.

21 Oct 2026
v4.3-runtime-valuation
36
36
36
36
36
36
36
36
36
36
36
36

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹13.36
-168.1% MoS
Growth-justified P/E
34.8
Growth-justified Value
₹34.1
-5.1% MoS
PEG
2.10

Comparable companies

Peers

Business-comparable peers in Metals — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.

Compare all ↗
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
BEEKAY
Small
Beekay Steel Industries Limited
Steel
match 91
39
17.9
1.4%
-1035%
WATCHLIST
BAJAJST
Small
Bajaj Steel Industries Limited
Steel
match 90
31
23.5
9.1%
-493%
OVERVALUED
SHAH
Small
Shah Metacorp Limited
Steel
match 87
40
23.1
5.2%
+40%
WATCHLIST
ASHOKAMET
Small
Ashoka Metcast Limited
Steel
match 83
50
2.9
8.4%
+92%
FAIR VALUE
PSRAJ
SME
P S Raj Steels Ltd.
Steel
match 81
30
44.4
12.4%
-11%
OVERVALUED

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Issuer presentation review pending

Kamdhenu Limited operates in Steel Products, within the Metals sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Trust Score
80Limited evidence · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Limited evidence: Claim history is still being built. It ranks around the 90th percentile of the scored universe and 92nd percentile within Metals. No major sub-score weakness stands out.

This is a financial-behaviour screen, not a claim-tested management reliability verdict.

Computed 05 Sept 2026
management-trust-v1
128 docs text-extracted · 45 concalls text-extracted
Score band
Limited evidence

Financial behaviour is scored, but management claims do not yet have enough outcome checks.

Relative rank
90th percentile

overall median 67 · Metals: 92nd pctile, median 70 · Small: 92nd pctile, median 66

Evidence depth
Financial-only

128 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Limited evidence · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
78
strong · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
82
strong · capital discipline
Results
79
strong · quarterly consistency

Trust positives

  • ▸Promoter pledge is zero.
  • ▸8 years of positive FCF.
  • ▸Debt/equity is 0.02.
  • ▸ROCE is 29.4%.

Trust risks

  • ▸No major Trust Lite risk flags.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

12 shown
Annual reportSep 2026

Sep 2026 · Intimation Of Dispatch Of Letters To The Shareholders Whose Email Addresses Are Not Registered With Company/Registrar & Transfer Agent/Depository Participants. 1 Sep - Kamdhenu will hold 32nd AGM on 25 September 2026 and dispatched FY2025-26 annual report notice.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Sep - Submission of copies of newspaper advertisements with respect to the opening of the Special Window for re-lodgement of transfer requests and dematerialization of physical shares …

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Sep - Newspaper Publication of Dispatch of Notice of 32nd AGM.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 21 Aug - Submission of copies of newspapers w.r.t. the pre-dispatch intimation of the 32nd AGM and E-Voting.

Source: Bse

Open source ↗
Investor presentationJul 2026

Jul 2026 · PPT

Source: Bse

Open source ↗
Investor presentationJun 2026

Jun 2026 · PPT

Source: Bse

Open source ↗
Concall transcriptJun 2026

Jun 2026 · Transcript

Source: Bse

Open source ↗
AnnouncementJun 2026

Jun 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Jul - Newspaper Publication of Financial Results for the Quarter ended 30th June, 2026.

Source: Bse

Open source ↗
AnnouncementJun 2026

Jun 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 29 Jul - Q1 FY27 revenue rose 9% to ₹213.3 crore; PAT up 34% to ₹28.7 crore; 5 MWp solar plant commissioned.

Source: Bse

Open source ↗
Credit ratingJun 2026

Jun 2026 · Announcement under Regulation 30 (LODR)-Credit Rating 27 Jun - CARE Ratings upgraded Kamdhenu’s issuer rating to CARE A+; Stable from CARE A; Stable on 26 June 2026.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Jun - Newspaper advertisement on notice to the Shareholders regarding equity shares to be transfer to the IEPF.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Jun - Newspaper Publication for the opening of special window for transfer and dematerialisation of physical securities.

Source: Bse

Open source ↗
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.