Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 30 Sep - 56th AGM press release outlines Qatar partnership, new initiatives, and FY27 diversification plans.
Source: Bse
Kothari Industrial Corporation Limited (KOTIC)
Small CapIndustrials stocks · Small cap · NSE
Kothari Industrial Corporation Limited operates in Engineering Products, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 05:50 pm ISTDetails
Quote19 Oct, 05:50 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result14 Aug, 04:26 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage12/14 · 86%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
50NeutralSMA20 +6.1% / mo · MACD −
Stock trend: 54
Sector RS: 46
Sector 3M: -7.1% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
KOTICD candles · FIT view-18.9%Latest close ₹141.75 on 2026-10-19
Daily history is available from 2026-04-20; the requested 1Y window is partially covered.
Bar
-5.5%
RSI
45
MACD hist
-0.69
52W pos
19%
2026-10-19O ₹150.01H ₹152.69L ₹141.00C ₹141.75Vol 10,373 sh
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
KOTICNifty India ManufacturingNifty 500
- KOTIC
- -16.5%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- -10.9 pp
Chart stats
19 Oct 2026- From 52W high
- -36.6%
- 52W range position
- 19%
- ATR (14)
- 7.2%
- Volume vs 20D
- 0.09x
- Avg traded value
- ₹1.6 Cr
- 20D price channel
- ₹135.4 - ₹168.9
₹223.7
₹123.1 - ₹223.7
₹10.2
Latest completed session
20-session average
54.4% 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 weak.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · OVERVALUED29
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Average32
Revenue +33.3% · PAT NDF YoY
Technical
Neutral50
Price trend and sector-relative-strength timing.
Valuation
Legacy model—
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence66
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Average · 32/100margin compression · Rev +33% YoY · +16% QoQ
Filed 14 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹52 Cr | +33.3% | +15.6% |
| EBITDA | ₹-22 Cr | NDF | +8.3% |
| Operating margin | -43.0% | -4180 bps | +1100 bps |
| PAT | ₹-29 Cr | NDF | NDF |
| PAT margin | -55.8% | -5064 bps | +1534 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- —
- P/B
- 6.96
- EV/EBITDA
- —
- Market Cap
- 1606.00Cr
Profitability
- ROE
- -35.00%
- ROCE
- -11.40%
- ROA
- -27.65%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 72.00%
- EPS 5Y
- 3100.00%
- Revenue 3Y
- 144.00%
- EPS 3Y
- 3100.00%
Balance Sheet
- Debt/Equity
- 0.27
- Interest Coverage
- -8.50×
- Altman Z
- 6.98
- Book Value
- 21.40
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 4/5
- OCF
- 40.00 Cr
- EPS TTM
- -7.97
Shareholding
- Promoter Hold
- 47.32%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 6%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 52.0+15.6% vs prev
Net Profit
₹ CrLatest: -29.0+9.4% vs prev
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
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend unclear. RSI 45. Wait for confirmation.
- SMA20 rising (~5.7% over last month) — short-term momentum positive.
- RSI(14) at 45 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 37% off 52W high · 15% 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.
Nifty 500 leadership
Relative Strength & Trend Stage
26
RS percentile
Insufficient history
1M return
-1.8%
3M return
-16.5%
6M return
-27.0%
1Y return
-
RS 1D
-10
RS 20D
-
Sector rank
#2
Industry rank
#15
Stage evidence
- At least 170 daily sessions are required for the trend-stage read.
50-DMA
price below
200-DMA
unavailable
Sector
leading
Industry
leading
Partial-history RS: the 3M and 6M weights are re-normalised because 12M history is unavailable.
Relative-strength line vs Nifty 500 (base 100)
127 observations
19 Oct 2026Value 84.12-3.58%
RS vs Nifty 50084
Valuation & peers
U-Score 29 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 29 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation2/30
Growth14/25
Quality0/20
Balance Sheet7/15
Cash Flow4/10
Piotroski
4/9 (+1)
Penalties
1
Raw sum
29
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
29/100 · legacy band OVERVALUED
Positive drivers
- Growth contributes 14/25 to the score.
- Balance sheet contributes 7/15 to the score.
- Cash flow contributes 4/10 to the score.
Main drags
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Valuation is weaker at 2/30; verify the latest quarterly trend.
- Cash flow is weaker at 4/10; verify the latest quarterly trend.
Sector valuation model
Execution business valuation: EV/EBITDA plus order and working-capital risk
Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
—
PB
7.0
EV/EBITDA
—
ROE
-35.0%
ROCE
-11.4%
FCF Yield
—
Debt/Equity
0.3
MoS
—
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
29
Previous: 29
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
—
No stored baseline yet
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
29
29
29
29
29
29
29
29
29
29
29
29
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
—
Growth-justified P/E
39.3
Growth-justified Value
—
— MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Industrials — 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.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
LOKESHMACH
Small
Lokesh Machines Limited
Capital Goods
match 163
12
220.0
1.8%
-2512%
OVERVALUED
VIKRAN
Small
Vikran Engineering Limited
Capital Goods
match 161
54
16.2
10.8%
+59%
FAIR VALUE
PRINCEPIPE
Small
Prince Pipes And Fittings Limited
Capital Goods
match 161
32
26.2
4.6%
-1157%
WATCHLIST
SCODATUBES
Small
Scoda Tubes Limited
Capital Goods
match 161
52
20.2
14.4%
+51%
FAIR VALUE
PPL
Small
Prakash Pipes Limited
Capital Goods
match 160
45
12.3
9.2%
-0%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Kothari Industrial Corporation Limited operates in Engineering Products, within the Industrials 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
66Limited 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 49th percentile of the scored universe and 47th percentile within Industrials. Main check: financial discipline is weak at 48/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
10 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
49th percentile
overall median 67 · Industrials: 47th pctile, median 68 · Small: 54th pctile, median 66
Evidence depth
Financial-only
10 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 confidenceWhat 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
Acceptable, but check the weakest sub-score before increasing exposure.
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
81
strong · leverage and solvency
Discipline
48
watch · capital discipline
Results
50
watch · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸4 years of positive FCF.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸ROCE is low at -28.9%.
- ▸ROE is low at -35%.
- ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
- ▸OPM spread across recent quarters is 56.1%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Kothari Industrial Corporation Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements 30 Sep - KICL signed an MoU for a proposed Tamil Nadu JV in ship recycling and ship care.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 21 Sep - Kothari Industrial won Tiruppur Municipal Corporation LOA for breakfast scheme food services worth Rs. 24.93 crore over three years.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Sep
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 3 Sep - Received LOA for ₹4.15 crore breakfast scheme catering contract in Puliangudi Municipality for 3 years.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.