KOTHARIPROServices

Kothari Products Limited

Trading & Distributors · ISIN INE823A01017 · BSE 530299 · NSE EQ · FV ₹10
Last price
₹64
-0.08%today
What this company does

Kothari Products Limited operates in Trading & Distributors, part of the Services sector. It booked ₹270 cr of revenue in its latest quarter (Q1 FY27) and kept 2.8% of sales as profit. It is the 7th largest of 9 Trading & Distributors companies we track, by market value.

In the report:
55out of 100
Equitytale Health Score
Mixed

Healthier than 55% of companies in Services, on all six measures of filed financials. Each measure is ranked against the 50–116 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)
32

At close. Not part of the score.

Profitability & returns24

How much profit it earns on the money it employs

Balance sheet64

How much it owes, and whether earnings cover the interest

Cash quality40

Whether reported profit actually arrives as cash

Growth & consistency57

Whether sales and profit have grown, and how steadily

Valuation80

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

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 9% vs last year
Promoters hold 75%
No promoter shares pledged
Virtually debt-free
Watch-outs
! Thin 2.8% net margin
! Profit down 59% vs last year
! Low 2.6% return on equity
! Operating cash flow is negative

What if I invest in KOTHARIPRO?

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 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. 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 We do not publish price targets or predict returns.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
₹64 -0.08%
latest close · 2026-09-17
1-year return
+32.4%
52-wk low ₹3852-wk high ₹80
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 ratio12.7Low
LowAverageHigh
P/B ratio0.33Below book
Below bookModerateHigh
EV / EBITDA16.3High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity2.6%Weak
WeakFairStrong ▸15%
Return on capital2.2%Weak
WeakFairStrong
Net margin2.8%Thin
ThinDecentStrong
EBITDA margin2.6%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.09Comfortable
LowModerateHigh ▸1
Interest cover4.1×Okay
RiskyOkayStrong ▸5×
Current ratio3.85Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹383 cr
Book value
₹194
EPS
₹1.26
latest quarter
Net debt
₹73 cr
owes more than its cash
Enterprise value
₹455 cr
EBITDA
₹28 cr
annualised
EBIT
₹26 cr
annualised
Operating margin
2.4%
Return on assets
2.3%
Earnings yield
7.86%
P/S
0.35
Sales / share
₹180.9
Tax rate
98.1%
Face value
₹10
Shares
6.0 cr
Working capital
₹478 cr
Current assets
₹645 cr
Current liabilities
₹167 cr
Delivery %
76.3%
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 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹17₹47, midpoint ₹32

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 · Q1 FY27 (consolidated)
Revenue from Operations₹270 cr
Other Income₹20 cr
Total Income₹290 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹266 cr
Inventory Change (±)₹-1 cr
Employee Benefit Expense₹2 cr
Finance Costs₹2 cr
Depreciation & Amortisation₹58 L
Other Expenses₹17 cr
Total Expenses₹285 cr
Profit before Tax₹5 cr
Tax Expense₹5 cr
Share of JV / Associates₹7 cr
Net Profit₹8 cr
Net margin on total income2.6%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹265 cr89.0%
Employee benefit expense₹2 cr0.6%
Finance costs₹2 cr0.5%
Depreciation & amortisation₹58 L0.2%
Other expenses₹17 cr5.6%
Tax expense₹5 cr1.6%
Profit for the period₹8 cr2.5%
Total income ₹290 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue162 cr317 cr270 cr
Total income177 cr317 cr290 cr
Expenses177 cr335 cr285 cr
Profit before tax14 cr-18 cr5 cr
Tax3 cr-1 cr5 cr
Net profit (owners' share)10 cr-2 cr8 cr
Net margin (owners' share, on revenue)6.1%-0.6%2.8%
EPS (₹)1.67-0.331.26
YoY (latest quarter): total income +5.5% · net profit -58.5%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹1,333 cr
Shareholder equity
₹1,158 cr
parent shareholders
Total debt
₹99 cr
Cash
₹26 cr
Cash flow · H1 FY25
Operating
₹-64 cr
Investing
₹32 cr
Financing
₹16 cr
Peer comparison
Trading & Distributors · by market value
CompanyPriceMarket capP/E
Redington Limited₹400₹31,278 cr16.1
MMTC Limited₹60₹9,021 cr21.8
Mstc Limited₹715₹5,035 cr21.6
Creative Newtech Limited₹1,079₹1,620 cr32.8
The State Trading Corporation of India Limited₹111₹654 cr1.0
Oswal Agro Mills Limited₹34₹455 cr22.3
Kothari Products Limitedthis company₹64₹383 cr12.7
Sakuma Exports Limited₹2₹241 cr19.3
Vikas Lifecare Limited₹1₹227 cr1.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹1
ex 12 Sep 2019
ActionDetailEx-date
Bonus issue1:118 Feb 2025
Dividend₹1 / share12 Sep 2019
Dividend₹1.5 / share14 Sep 2018
Dividend₹3 / share13 Sep 2017
Dividend₹3 / share17 Mar 2016
Bonus issue2:15 Jan 2016
Who owns it · 2026-06-30
No pledge
Promoter
75.0%
Public
25.0%
Smart-money activity
Insider trades
BoughtDeepak Kothari jointly with Arti Kothari · Promoters013 Dec 17
Bulk / block deals
BoughtMITESH KOTHARI · NSE8.00 L @ ₹64.1727 Mar 26
SoldARTI KOTHARI · NSE6.00 L @ ₹64.1727 Mar 26
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE3.03 L @ ₹96.6414 Oct 25
Stake changes
SoldDeepak Kothari · promoter→ 59.27% · 2.00 L27 Mar 26
SoldArti Kothari · promoter→ 5.99% · 6.00 L27 Mar 26
BothMitesh Kothari · promoter→ 3.39% · 8.00 L27 Mar 26
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 · 19 Sep 2025
See the official result
1
To Consider & Adopt Audited Financial Statements for the year ended 31st March, 2025
Backed by 100% of shareholders other than promotersneeded 50%
58.42 L votes for, 274 against
2
To Consider & Adopt Consolidated Financial Statements for the year ended 31st March, 2025
Backed by 100% of shareholders other than promotersneeded 50%
58.42 L votes for, 274 against
3
Re-appointment of Shri Mitesh Kothari
Backed by 100% of shareholders other than promotersneeded 50%
58.42 L votes for, 274 against
4
Re-appointment of G.M. Kapadia & Co., Chartered Accountants, Mumbai as the Statutory Auditors of the Company for 5 years i.e. from 2025-26 to F.Y. 2029-30
Backed by 100% of shareholders other than promotersneeded 50%
58.42 L votes for, 276 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 — 7 named members
owning 75.0% between them · as of 2026-06-30
DEEPAK KOTHARI59.27%
MITESH KOTHARI - HUF6.13%
ARTI KOTHARI5.99%
MITESH KOTHARI3.38%
URVI KOTHARI0.18%
CHIRAG DILIP SHAH0.02%
SADHNA KOTHARI0.02%
Business done with them
FY2025 · 2 of the group
The company paid ₹42 L to companies in the promoter group last year — about 0.0% of its ₹958 cr revenue.
DEEPAK KOTHARI
Other payments to them · AS PER FINANACIAL
also owns 59.27% of the company
₹24 L
company paid
MITESH KOTHARI
Other payments to them · AS PER FINANACIAL
also owns 3.38% of the company
₹18 L
company paid

The company also transacted with 22 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

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.