KHAITANLTDConsumer Discretionary

Khaitan (India) Limited

Consumer Electronics · ISIN INE731C01018 · BSE 590068 · NSE EQ · FV ₹10
Last price
₹148
+2.11%today
What this company does

Khaitan (India) Limited operates in Consumer Electronics, part of the Consumer Discretionary sector. It booked ₹36 cr of revenue in its latest quarter (Q2 FY27) and kept 6.6% of sales as profit. It is the 9th largest of 9 Consumer Electronics companies we track, by market value.

In the report:
72out of 100
Equitytale Health Score
Solid

Healthier than 72% of companies in Consumer Discretionary, on the 5 of 6 measures we could read for it. Each measure is ranked against the 69–428 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
51

At close. Not part of the score.

Profitability & returns83

How much profit it earns on the money it employs

Balance sheet63

How much it owes, and whether earnings cover the interest

Cash quality55

Whether reported profit actually arrives as cash

Valuation91

What today's price implies, against our models or its peers

Governance & risk61

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 159% vs last year
✓ Promoters hold 60%
✓ Strong 25% return on equity
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
! Thin 6.6% net margin
! 32.9% of promoter stake pledged

What if I invest in KHAITANLTD?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from a generic assumption, not this company's history. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹148▲ +2.11%
latest close · 2026-11-04
1-year return
+272.0%
52-wk low ₹2752-wk high ₹178
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio7.4Low
LowAverageHigh
P/B ratio1.84Moderate
Below bookModerateHigh
EV / EBITDA6.4Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity24.8%Strong
WeakFairStrong ▸15%
Return on capital26.1%Strong
WeakFairStrong
Net margin6.6%Decent
ThinDecentStrong
EBITDA margin7.6%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.08Comfortable
LowModerateHigh ▸1
Interest cover9.5×Strong
RiskyOkayStrong ▸5×
Current ratio0.66Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹70 cr
Book value
₹81
EPS
₹5.01
latest quarter
Net debt
₹-2 cr
more cash than debt
Enterprise value
₹69 cr
EBITDA
₹11 cr
annualised
EBIT
₹10 cr
annualised
Operating margin
7.3%
Return on assets
12.2%
Earnings yield
13.50%
P/S
0.49
Sales / share
₹302.1
Tax rate
-1.4%
Face value
₹10
Shares
0.5 cr
Working capital
₹-13 cr
Current assets
₹25 cr
Current liabilities
₹38 cr
Delivery %
64.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Priced about rightMedium confidence
Median of 2 models ₹164 vs market price ₹148 — price is 9% below it
Safety cushion+9.4%(target ≥ +20%)
Models span ₹113–₹214, midpoint ₹164
Model ₹164
Price ₹148
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹36 cr
Other Income₹15.2 L
Total Income₹36 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹27 cr
Inventory Change (±)₹23.4 L
Employee Benefit Expense₹2 cr
Finance Costs₹27.5 L
Depreciation & Amortisation₹9.1 L
Other Expenses₹3 cr
Total Expenses₹34 cr
Profit before Tax₹2 cr
Tax Expense₹-3.3 L
Net Profit₹2 cr
Net margin on total income6.6%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹28 cr76.9%
Employee benefit expense₹2 cr6.2%
Finance costs₹27.5 L0.8%
Depreciation & amortisation₹9.1 L0.3%
Other expenses₹3 cr9.3%
Profit for the period₹2 cr6.6%
Total income ₹36 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue36 cr41 cr36 cr
Total income36 cr42 cr36 cr
Expenses34 cr39 cr34 cr
Profit before tax3 cr2 cr2 cr
Tax-9.5 L-3.4 L-3.3 L
Net profit (owners' share)3 cr2 cr2 cr
Net margin (owners' share, on revenue)8.1%5.9%6.6%
EPS (₹)6.155.135.01
YoY (latest quarter): total income +158.4% · net profit —
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹78 cr
Shareholder equity
₹38 cr
parent shareholders
Total debt
₹3 cr
Cash
₹5 cr
Cash flow · H1 FY27
Operating
₹4 cr
Investing
₹-43.5 L
Financing
₹-3 cr
Peer comparison
Consumer Electronics · by market value
CompanyPriceMarket capP/E
Dixon Technologies (India) Limited₹12,270₹75,031 cr45.5
Havells India Limited₹1,051₹65,919 cr47.2
PG Electroplast Limited₹541₹15,514 cr287.8
IKIO Technologies Limited₹167₹1,288 cr29.8
Onida Electronics Limited₹26₹975 cr—
Universus Photo Imagings Limited₹488₹534 cr2.9
Veto Switchgears And Cables Limited₹121₹232 cr9.8
BPL Limited₹44₹213 cr—
Khaitan (India) Limitedthis company₹145₹69 cr7.3
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-09-30
⚑ 32.9% pledged
Promoter
60.2%
FII / Foreign
—
DII / Domestic
0.0%
Retail / others
39.7%
Smart-money activity
Insider trades
BoughtVageesha Khaitan · Promoters44,000 · ₹36.1 L18 Apr 24
BoughtKhaitan Hotels Pvt. Ltd. · Promoters2.15 L · ₹1.8 cr18 Apr 24
BoughtSunay Krishna Khaitan · Promoters45,000 · ₹36.9 L18 Apr 24
Bulk / block deals
BoughtSACHIN VERMA · NSE25,000 @ ₹157.7226 May 25
BoughtSILVER LINE VENTURES PRIVATE LIMITED · NSE25,876 @ ₹129.1623 May 25
SoldSILVER LINE VENTURES PRIVATE LIMITED · NSE25,876 @ ₹132.1123 May 25
Stake changes
BoughtVidita Khaitan · promoter→ 2.40% · 52,00018 Apr 24
BoughtGuardian Advisors Private Limited alongwith PAC→ 7.07% · 4,1051 Dec 21
BoughtComfort Fincap Limited→ 19.79% · 9.40 L29 Aug 18
Promoter pledges
PledgedConfort Fincap Limited2.90 L · 0.00% held28 Aug 18
PledgedConfort Fincap Limited5.55 L · 0.00% held28 Aug 18
PledgedConfort Fincap Limited95,000 · 0.00% held28 Aug 18
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 25 Sep 2026
See the official result
1
To receive, consider and adopt the Audited Financial Statements of the Company for the financial Year ended 31st March 2026 together with the report of the Auditors and Directors thereon
Backed by 96% of shareholders other than promotersneeded 50%
21,731 votes for, 814 against
2
Re-appointment of Mr. Gopal Mor (DIN: 00555282) as Independent Director for the second term
Backed by 96% of shareholders other than promotersneeded 75%
21,730 votes for, 815 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 9 named members
owning 60.2% between them · as of 2026-09-30
KHAITAN LEFIN LIMITED23.82%
KHAITAN HOTELS PVT. LTD.16.23%
SUNAY KRISHNA KHAITAN7.10%
VIDITA KHAITAN3.73%
ISHANI KHAITAN3.58%
VAGEESHA KHAITAN3.31%
SUNIL KRISHNA KHAITAN2.05%
SARITA DABRIWAL0.42%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.