---
title: "Kesar Enterprises Ltd (KESARENT) — Share Price, Financials & Analysis"
symbol: "KESARENT"
company: "Kesar Enterprises Ltd"
canonical: "https://tapetide.com/stocks/KESARENT"
bse_code: "507180"
sector: "Fast Moving Consumer Goods"
industry: "Agricultural Food & other Products"
generated_at: "2026-09-13T18:26:03.616Z"
---

# Kesar Enterprises Ltd (KESARENT)

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

## Company

- **BSE Code:** 507180
- **Sector:** Fast Moving Consumer Goods
- **Industry:** Agricultural Food & other Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** kesarindia.com

## About

Incorporated in 1933, Kesar Enterprises Ltd deals in the production of Sugar, Spirit, Ethanol, Bagasse-based Power[1]

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -11.1% over past five years.
- Company has a low return on equity of -10.1% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 27% | -4% | — |
| revenue growth | 0% | -18% | -11% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 54 | 164 | 179 | 69 | 38 | 164 | 63 | 20 | 14 | 104 | 166 | 0 |
| Expenses | 69 | 162 | 147 | 79 | 52 | 171 | 71 | 29 | 25 | 101 | 172 | 9 |
| Operating Profit | -15 | 2 | 32 | -10 | -15 | -8 | -8 | -9 | -11 | 3 | -6 | -9 |
| OPM % | -28 | 1.1 | 18 | -14 | -39 | -4.6 | -13 | -43 | -81 | 2.8 | -3.7 | -22175 |
| Other Income | 0 | 0 | 92 | 1 | 0 | 0 | 0 | 2 | 0 | 0 | 10 | 0 |
| Interest | 8 | 6 | -6 | 2 | 4 | 3 | 3 | 3 | 4 | 4 | 3 | 4 |
| Depreciation | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 8 | 6 |
| Profit before tax | -27 | -9 | 125 | -17 | -23 | -16 | -16 | -15 | -19 | -6 | -7 | -19 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -27 | -9 | 125 | -17 | -23 | -16 | -16 | -15 | -19 | -6 | -7 | -19 |
| EPS in Rs | -2.68 | -0.91 | 12.43 | -1.7 | -2.28 | -1.61 | -1.62 | -1.53 | -1.93 | -0.62 | -0.73 | -1.84 |

### Profit & Loss

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

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 313 | 403 | 518 | 547 | 469 | 553 | 531 | 334 | 304 | 284 |
| Expenses | 300 | 381 | 475 | 517 | 457 | 552 | 507 | 374 | 327 | 307 |
| Operating Profit | 13 | 22 | 43 | 30 | 13 | 1 | 24 | -40 | -23 | -23 |
| OPM % | 4.2 | 5 | 8 | 6 | 2.7 | 0.2 | 4.5 | -12 | -8 | -8 |
| Other Income | 1 | 2 | 3 | 106 | 3 | 1 | 92 | 1 | 12 | 10 |
| Interest | 43 | 45 | 25 | 27 | 26 | 27 | 14 | 13 | 14 | 15 |
| Depreciation | 18 | 19 | 18 | 19 | 18 | 19 | 18 | 21 | 23 | 24 |
| Profit before tax | -47 | -40 | 2 | 90 | -29 | -44 | 84 | -72 | -48 | -52 |
| Tax % | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | — |
| Net Profit | -47 | -40 | 2 | 90 | -29 | -44 | 84 | -73 | -48 | -52 |
| EPS in Rs | -4.63 | -3.99 | 0.23 | 8.91 | -2.87 | -4.37 | 8.29 | -7.2 | -4.8 | -5.12 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 147 | 93 | 46 | 43 | 124 | 95 | 50 | 182 | 109 | 62 |
| Borrowings | 324 | 342 | 357 | 323 | 113 | 97 | 93 | 75 | 73 | 93 |
| Other Liabilities | 118 | 155 | 239 | 254 | 381 | 422 | 436 | 364 | 331 | 288 |
| Total Liabilities | 599 | 600 | 652 | 631 | 629 | 624 | 588 | 631 | 523 | 453 |
| Fixed Assets | 485 | 467 | 451 | 463 | 433 | 457 | 439 | 468 | 447 | 424 |
| CWIP | 0 | 0 | 14 | 5 | 17 | 1 | 2 | 0 | 0 | 0 |
| Investments | 20 | 13 | 9 | 2 | 12 | 10 | 5 | 8 | 8 | 3 |
| Other Assets | 93 | 119 | 178 | 162 | 167 | 156 | 143 | 155 | 68 | 26 |
| Total Assets | 599 | 600 | 652 | 631 | 629 | 624 | 588 | 631 | 523 | 453 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 20 | 18 | 31 | 79 | 63 | 52 | 12 | 57 | -5 | -25 |
| Cash from Investing Activity | 2 | -1 | -16 | -19 | -22 | -24 | 3 | 0 | 0 | 13 |
| Cash from Financing Activity | -27 | -15 | -15 | -52 | -25 | -27 | -34 | -55 | -4 | 15 |
| Net Cash Flow | -5 | 1 | 0 | 8 | 16 | 1 | -19 | 3 | -9 | 3 |
| Free Cash Flow | 20 | 16 | 16 | 58 | 50 | 22 | 9 | 56 | -5 | -18 |
| CFO/OP | 31 | 136 | 141 | 186 | 207 | 407 | 1289 | 244 | 12 | 106 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 36 | 34 | 49 | 34 | 23 | 15 | 6 | 9 | 6 | 6 |
| Inventory Days | 34 | 115 | 129 | 84 | 75 | 97 | 82 | 92 | 42 | 6 |
| Days Payable | 114 | 158 | 199 | 161 | 165 | 198 | 189 | 228 | 243 | 245 |
| Cash Conversion Cycle | -43 | -9 | -21 | -43 | -67 | -86 | -100 | -128 | -195 | -233 |
| Working Capital Days | -321 | -432 | -374 | -265 | -217 | -299 | -256 | -192 | -340 | -373 |
| ROCE % | 11 | -1 | 1 | 7 | 38 | -1 | -9 | 47 | -26 | -20 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 70.01% | 69.23% | 69.23% | 70.47% | 70.57% | 70.98% | 70.97% | 70.97% | 70.76% | 70.53% | 70.53% |
| DIIs | 5.12% | 5.12% | 5.12% | 5.12% | 4.05% | 1.75% | 1.75% | 1.75% | 1.75% | 1.51% | 1.51% |
| Public | 24.88% | 25.65% | 25.65% | 24.41% | 25.39% | 27.27% | 27.28% | 27.28% | 27.48% | 27.95% | 27.94% |
| No. of Shareholders | 4692 | 5216 | 5092 | 4987 | 4607 | 4964 | 4933 | 4406 | 4395 | 5686 | 5607 |

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 70.97% | 70.97% | 70.97% | 70.94% | 70.91% | 70.9% | 70.76% | 70.73% | 70.73% | 70.53% | 70.53% | 70.53% |
| DIIs | 1.75% | 1.75% | 1.75% | 1.75% | 1.75% | 1.75% | 1.75% | 1.75% | 1.73% | 1.73% | 1.51% | 1.51% |
| Public | 27.28% | 27.28% | 27.28% | 27.32% | 27.35% | 27.34% | 27.48% | 27.51% | 27.52% | 27.72% | 27.95% | 27.94% |
| No. of Shareholders | 4465 | 4339 | 4406 | 4409 | 4247 | 4273 | 4395 | 4368 | 5111 | 5520 | 5686 | 5607 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 5 / 1

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 10.1 | Buy |
| EMA (10) | 9.84 | Buy |
| SMA (20) | 8.85 | Buy |
| EMA (20) | 9.04 | Buy |
| SMA (50) | 7.19 | Buy |
| EMA (50) | 7.79 | Buy |
| SMA (100) | 6.82 | Buy |
| EMA (100) | 7.14 | Buy |
| SMA (200) | 6.39 | Buy |
| EMA (200) | 6.98 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 68.86 | Neutral |
| MACD (12,26,9) | 1 | Buy |
| Stochastic (14,3,3) | 75.97 | Neutral |
| ADX (14) | 53.28 | Buy |
| Williams %R (14) | -13.67 | Sell |
| ATR (14) | 0.88 | High Volatility |
| ROC (12) | 27.67 | Buy |
| Stoch RSI (14) | 55.57 | Neutral |
| UO (7,14,28) | 49.63 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8 Sep - Board approved slump sale of Baheri sugar, distillery and cogen divisions for Rs. 431 crore. | [Announcement under Regulation 30 (LODR)-Restructuring 8 Sep - Board approved slump sale of Baheri sugar, distillery and cogen divisions for Rs. 431 crore.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d8434d5a-3c77-4225-92e1-a6ac3d6dcf1d.pdf) |
| 8 Sep - Board approved slump sale of Baheri sugar, distillery and cogen divisions for Rs. 431 crore; MOU executed. | [Board Meeting Outcome for Approval For Slump Sale Of Sugar, Distillery And Cogen Divisions Of The Company''s Undertaking Located At Bihar, UP. 8 Sep - Board approved slump sale of Baheri sugar, distillery and cogen divisions for Rs. 431 crore; MOU executed.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=041190e0-a32c-4750-b618-4a32b4436a9f.pdf) |
| 26 Aug - Board accepted SDF/IFCI one-time settlement for cogeneration loan; amount payable within six months. | [Announcement Under Regulation 30 Of SEBI (LODR) 26 Aug - Board accepted SDF/IFCI one-time settlement for cogeneration loan; amount payable within six months.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=06792046-d577-494d-8c7b-f9a6178e4665.pdf) |
| 20 Aug - Kesar Enterprises held 91st AGM on 20 Aug 2026; members approved audited results and material related-party transaction. | [Announcement Under Regulation 30 Of SEBI (LODR) Regulations 20 Aug - Kesar Enterprises held 91st AGM on 20 Aug 2026; members approved audited results and material related-party transaction.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=65d49ef7-39bf-4a8d-9152-bbe3d02d288f.pdf) |
| 20 Aug - Chairman’s AGM speech highlights FY26 revenue ₹304.50 crore, net loss narrowed to ₹48.41 crore. | [Announcement Under Reg.30 Of SEBI (LODR) Regulations - Chairman Speech 20 Aug - Chairman’s AGM speech highlights FY26 revenue ₹304.50 crore, net loss narrowed to ₹48.41 crore.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e90e3eb-b443-49f5-8d15-9553f2ec666e.pdf) |
| 11 Sep - Advertisement published in Newspaper regarding Special Window for transfer and dematerialization of physical shares. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Sep - Advertisement published in Newspaper regarding Special Window for transfer and dematerialization of physical shares.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d24e2cbf-4480-48e2-9dab-2457b8ff2c5e.pdf) |
| — | [Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 21 Aug](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3f3ea555-6a0e-4378-957b-4004ad717c6e.pdf) |
| — | [Shareholder Meeting / Postal Ballot-Outcome of AGM 20 Aug](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0c535f56-ec40-4888-a277-bc690e7acb93.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2013 from nse](https://archives.nseindia.com/annual_reports/AR_1660_KESARENT_2012_2013_12092013144240.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b545ddff-42b7-4f94-a5a4-3597e8e9c42d.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/91fd42c2-5554-4abc-9a4b-549e143ea94e.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/76db61d5-b00b-4c1c-a70e-2a43d30bd795.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/68858879-10e8-4400-ba55-eb3763403896.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/507180/74703507180.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/507180/69245507180.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/507180/5071800320.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/507180/5071800319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/507180/5071800318.pdf) |

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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 2026-09-13T18:26:03.616Z.