---
title: "Karbonsteel Engineering Ltd (544511) — Share Price, Financials & Analysis"
symbol: "544511"
company: "Karbonsteel Engineering Ltd"
canonical: "https://tapetide.com/stocks/544511"
isin: "INE0V8A01016"
nse_symbol: "KARBONSTEELENGINEERINGLLTD"
bse_code: "544511"
sector: "Construction"
industry: "Civil Construction"
market_cap_cr: 154.1
generated_at: "2026-09-13T18:27:39.459Z"
---

# Karbonsteel Engineering Ltd (544511)

Canonical page: https://tapetide.com/stocks/544511

## Company

- **NSE Symbol:** KARBONSTEELENGINEERINGLLTD
- **BSE Code:** 544511
- **ISIN:** INE0V8A01016
- **Sector:** Construction
- **Industry:** Civil Construction
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2025-09-16
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** karbonsteel.com

## About

Incorporated in 2011, Karbonsteel Engineering Limited is an engineering solutions provider, specializing in designing, manufacturing, and supplying high-quality products across various industries.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:50:33.037427Z.

- **Market Cap:** ₹154.1 Cr
- **Classification:** SME
- **P/E (reported):** 14.7
- **Book Value:** ₹81.42
- **Price to Book:** 1.34
- **Dividend Yield:** 0%
- **ROE:** 9.13%
- **ROCE:** 23.58%
- **Debt to Equity:** 0.48
- **Revenue (yearly):** ₹301.7 Cr
- **Net Income:** ₹10.5 Cr
- **EBITDA:** ₹33.5 Cr
- **52-Week High:** ₹208.1
- **52-Week Low:** ₹92.6
- **RSI (14):** 50.7

## Tapetide Score

- **Score:** 54 / 100
- **Score date:** 2026-09-04
- **Archetype:** Out of Favour
- **What it means:** Financially sound, yet the market is not rewarding it. Cases like this usually need a specific reason the pessimism is misplaced, and patience for that reason to play out.
- **Pillar profile:** Quality: Good · Valuation: Fair · Momentum: Falling
- **Percentile:** 65.6 (of 4473 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 76%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 37.41 | 9% |
| growth | 51.69 | 9% |
| momentum | 17.57 | 12% |
| ownership | 65.08 | 24% |
| quality | 71.05 | 22% |
| valuation | 52.94 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Company has delivered good profit growth of 57.7% CAGR over last 5 years

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 151.65% | 258.37% | 760.9% |
| ebitda margin growth | -18.86% | -7.42% | 18.84% |
| net income growth | -26.06% | 27% | 58% |
| revenue growth | 10.15% | 25% | 31% |
| roce | -47.07% | -36.94% | 30.35% |
| roe | -61.07% | 18.03% | 6.53% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 106 | 167 | 140 | 161 |
| Expenses | 90 | 147 | 120 | 148 |
| Operating Profit | 16 | 21 | 19 | 13 |
| OPM % | 15 | 12 | 14 | 8 |
| Other Income | 0 | 1 | 0 | 1 |
| Interest | 7 | 9 | 8 | 7 |
| Depreciation | 1 | 2 | 2 | 2 |
| Profit before tax | 8 | 11 | 10 | 5 |
| Tax % | 34 | 20 | 28 | 26 |
| Net Profit | 5 | 9 | 7 | 3 |
| EPS in Rs | 9.8 | 7.85 | 4.97 | 2.45 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 79 | 101 | 156 | 218 | 273 | 301 |
| Expenses | 71 | 92 | 139 | 192 | 235 | 267 |
| Operating Profit | 7 | 9 | 17 | 27 | 38 | 34 |
| OPM % | 9 | 9 | 11 | 12 | 14 | 11 |
| Other Income | 0 | 1 | 0 | 0 | 1 | 1 |
| Interest | 5 | 5 | 9 | 12 | 16 | 17 |
| Depreciation | 2 | 2 | 2 | 2 | 3 | 4 |
| Profit before tax | 1 | 3 | 7 | 13 | 19 | 15 |
| Tax % | 19 | 24 | 25 | 26 | 26 | 28 |
| Net Profit | 1 | 2 | 5 | 9 | 14 | 11 |
| EPS in Rs | 2.16 | 4.1 | 10.23 | 17.49 | 12.75 | 7.43 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 5 | 5 | 5 | 5 | 11 | 14 |
| Reserves | 17 | 19 | 24 | 38 | 49 | 101 |
| Borrowings | 38 | 41 | 49 | 60 | 72 | 55 |
| Other Liabilities | 26 | 35 | 66 | 73 | 100 | 87 |
| Total Liabilities | 87 | 100 | 144 | 176 | 233 | 257 |
| Fixed Assets | 15 | 16 | 18 | 27 | 36 | 38 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 23 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 72 | 84 | 126 | 150 | 197 | 195 |
| Total Assets | 87 | 100 | 144 | 176 | 233 | 257 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -5 | 3 | 13 | 6 | 9 | 23 |
| Cash from Investing Activity | -2 | -2 | -5 | -16 | -11 | -39 |
| Cash from Financing Activity | 7 | -1 | 0 | 6 | 1 | 12 |
| Net Cash Flow | 0 | -1 | 8 | -4 | 0 | -3 |
| Free Cash Flow | -7 | 0 | 9 | -4 | -3 | -10 |
| CFO/OP | -61 | 37 | 87 | 32 | 30 | 80 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 117 | 93 | 51 | 78 | 81 | 61 |
| Inventory Days | 268 | 240 | 272 | 187 | 217 | 183 |
| Days Payable | 177 | 163 | 211 | 153 | 137 | 127 |
| Cash Conversion Cycle | 207 | 169 | 112 | 113 | 161 | 117 |
| Working Capital Days | 113 | 90 | 40 | 33 | 33 | 51 |
| ROCE % | — | 13 | 22 | 27 | 30 | 21 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Promoters | 72.17% | 72.17% | 51.78% |
| FIIs | 0% | 2.75% | 1.55% |
| DIIs | 0% | 0% | 4.01% |
| Government | 0% | 0% | 0% |
| Public | 0% | 0% | 27.34% |
| Others | 27.83% | 25.08% | 15.33% |
| No. of Shareholders | 42 | 1101 | 566 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 7 / 6 / 6

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 109.72 | Buy |
| EMA (10) | 108.63 | Buy |
| SMA (20) | 109.05 | Buy |
| EMA (20) | 108.43 | Buy |
| SMA (50) | 108.73 | Buy |
| EMA (50) | 110.12 | Buy |
| SMA (100) | 115.84 | Sell |
| EMA (100) | 118.53 | Sell |
| SMA (200) | 141.43 | Sell |
| EMA (200) | 141.53 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 51.97 | Neutral |
| MACD (12,26,9) | 0.2 | Sell |
| Stochastic (14,3,3) | 33.07 | Neutral |
| ADX (14) | 28.15 | Buy |
| Williams %R (14) | -50.79 | Neutral |
| ATR (14) | 6.53 | High Volatility |
| ROC (12) | -1.47 | Sell |
| Stoch RSI (14) | 54.28 | Neutral |
| UO (7,14,28) | 32.69 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the quarter year ended March 31, 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the quarter year ended March 31, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5043416d-a8b3-4e2a-b524-04288114d622.pdf) |
| 6 Feb - Newspaper Advertisement of Financial result for the Quarter ended 31st December 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Feb - Newspaper Advertisement of Financial result for the Quarter ended 31st December 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/43349da1-3b4c-4d52-a779-5a2432f7e834.pdf) |
| 5 Feb - Board approved standalone and consolidated unaudited Q3 and nine-month results ended Dec 31, 2025; auditor reviewed. | [Board Meeting Outcome for Approval And Adoption Of Financial Result For The Period Ended 31St December 2025 5 Feb - Board approved standalone and consolidated unaudited Q3 and nine-month results ended Dec 31, 2025; auditor reviewed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e70cb8cd-7409-4eb3-ab38-b22540607055.pdf) |
| 23 Jan - Board meeting 05 Feb 2026 to approve unaudited results for quarter ended 31 Dec 2025. | [Board Meeting Intimation for Approval And Consideration Of Quarterly Results For The Quarter Ended 31St December 2025. 23 Jan - Board meeting 05 Feb 2026 to approve unaudited results for quarter ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/59ff7c27-8401-4074-9b56-8513c2a19638.pdf) |
| 22 Jan - Received Rs.22.76 crore order from leading domestic infrastructure company on Jan 21, 2026; delivery by 31-Mar-2026. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 22 Jan - Received Rs.22.76 crore order from leading domestic infrastructure company on Jan 21, 2026; delivery by 31-Mar-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/97d4605d-ae26-4b09-8f69-3587466495f8.pdf) |
| 19 Jan - 19/01/2026: Semac forms JV with Altis Holding (Ukraine) to bid for Barauni Junction redevelopment (East Central Railway). | [Board Meeting Outcome for Approval Of Joint Venture For Bid 19 Jan - 19/01/2026: Semac forms JV with Altis Holding (Ukraine) to bid for Barauni Junction redevelopment (East Central Railway).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b6647539-940e-44c1-bba8-973b4fc6b881.pdf) |
| 18 Feb - Two domestic orders ₹51.96 crore; confirmed order book ~₹320 crore; completion by May 31, 2026. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 18 Feb - Two domestic orders ₹51.96 crore; confirmed order book ~₹320 crore; completion by May 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fdcba6c4-a2a5-4ed5-a956-394a8b7f0687.pdf) |
| 18 Feb - Received multiple purchase orders worth Rs.51.96 crore from leading domestic infrastructure & engineering company; delivery by 31 May 2026. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 18 Feb - Received multiple purchase orders worth Rs.51.96 crore from leading domestic infrastructure & engineering company; delivery by 31 May 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f795ccc9-4424-4820-96e6-9df506e347ae.pdf) |
| 17 Apr - Karbonsteel won Rs.101.01 crore domestic fabrication and supply order for ACC structures, to execute within 10 months. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 17 Apr - Karbonsteel won Rs.101.01 crore domestic fabrication and supply order for ACC structures, to execute within 10 months.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a2ae0a77-42ba-442a-a602-81af1a55f629.pdf) |
| 15 Jan - Virtual Beat The Street meeting on Jan 14, 2026; no UPSI disclosed. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 15 Jan - Virtual Beat The Street meeting on Jan 14, 2026; no UPSI disclosed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/77d49241-36fc-4924-b06d-443717fed0a0.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5c5f5578-e0d6-436a-9f97-9457b911ceb8.pdf) |
| 2026-09-01 | [Notice Of 15Th Annual General Meeting Of The Company To Be Held On September 23 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e8750a76-1e41-4a39-becc-4edab89d2aa0.pdf) |
| 2026-09-01 | [Notice Of 15Th AGM Of The Company To Be Held On September 23 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3e919aca-e1cb-4348-8052-e0224ed4d783.pdf) |
| 2026-09-01 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=97eee4ee-593c-4212-b465-d149fb7fecb7.pdf) |
| 2026-08-29 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f5d2cdd1-78eb-49d1-9916-af2744901f81.pdf) |
| 2026-07-08 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=97f2330e-1065-4579-9705-833119d1aeff.pdf) |
| 2026-06-09 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=da492972-062d-408e-883a-a965a72f26c4.pdf) |
| 2026-05-30 | [Board Meeting Outcome for Outcome Of The Meeting Of Board Of Directors Held On Saturday May 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e42b89cd-3d33-489f-8321-5477c2f09d5b.pdf) |
| 2026-05-30 | [Audited Financial Result For The Half Year And Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a6ac6719-0ff6-48df-9a2c-48660be45d8e.pdf) |
| 2026-05-30 | [Re-Appointment Of Internal Auditor Secretarial Auditor And Cost Auditor](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d4e3dda6-7461-4ddb-ba79-22cbc3e6f04d.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-06-16 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4abf39c6-26dd-40d9-85b1-eacc9ff1a9b7.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-06-13 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b3b1aa9a-9206-4eec-8b92-78289a5b9345.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-06-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d3fc5fc-a587-4da8-812d-2c24defdc387.pdf) |
| 2026-01-09 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8b24f038-e2cc-4475-b6e6-1c90c28a984e.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-30 | [Financial Result For The Half Year And Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a51a8ee7-7e78-451d-8d9b-050753c6e849.pdf) |
| 2025-11-14 | [Result-Financial Results For The Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cb4e2c3c-2d80-4090-a169-93b8a3935a4a.pdf) |
| 2025-11-13 | [Results For The Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9d9917fd-ea08-474e-959b-dc3690ec7645.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Jan 2026 | [Concall - Jan 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8b24f038-e2cc-4475-b6e6-1c90c28a984e.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_2799_REVATHI_2011_2012_25102013190004.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/783e2be8-0caf-4c26-bbcc-88bd6e13b9f1.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0d461fe4-80b6-4597-8e3d-cbee3fe6ea78.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ba9553f1-3c17-4b1b-b3a0-c4c92b4543e6.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/505368/76179505368.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/505368/70504505368.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/505368/65444505368.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/505368/5053680319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/505368/5053680318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/505368/5053680317.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:27:39.459Z.