KOTYARKEnergy

Kotyark Industries Limited

Refineries & Marketing · ISIN INE0J0B01017 · BSE 544726 · NSE BE · FV ₹10
Last price
₹31
-2.74%today
What this company does

Kotyark Industries Limited operates in Refineries & Marketing, part of the Energy sector. It booked ₹92 cr of revenue in its latest quarter (Q1 FY27) and kept 4.2% of sales as profit. It is the 7th largest of 7 Refineries & Marketing companies we track, by market value.

35out of 100
Equitytale Health Score
Strained

Healthier than 35% of companies in Energy, on the 5 of 6 measures we could read for it. Each measure is ranked against the 19–26 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)
40

At close. Not part of the score.

Profitability & returns28

How much profit it earns on the money it employs

Balance sheet31

How much it owes, and whether earnings cover the interest

Cash quality14

Whether reported profit actually arrives as cash

Valuation34

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

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
Promoters hold 57%
No promoter shares pledged
Watch-outs
! Thin 4.2% net margin

What if I invest in KOTYARK?

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 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — 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 We do not publish price targets or predict returns.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
₹31 -2.74%
latest close · 2026-09-17
52-wk low ₹4206 sessions so far52-wk high ₹43
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 ratio23.0Average
LowAverageHigh
P/B ratio1.96Moderate
Below bookModerateHigh
EV / EBITDA8.9Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity8.5%Fair
WeakFairStrong ▸15%
Return on capital18.1%Strong
WeakFairStrong
Net margin4.2%Thin
ThinDecentStrong
EBITDA margin12.7%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.36Comfortable
LowModerateHigh ▸1
Interest cover5.2×Strong
RiskyOkayStrong ▸5×
Current ratio3.22Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹354 cr
Book value
₹16
EPS
₹0.34
latest quarter
Net debt
₹63 cr
owes more than its cash
Enterprise value
₹417 cr
EBITDA
₹47 cr
annualised
EBIT
₹37 cr
annualised
Operating margin
10.0%
Return on assets
5.9%
Earnings yield
4.35%
P/S
0.96
Sales / share
₹32.5
Tax rate
40.3%
Face value
₹10
Shares
11.3 cr
Working capital
₹126 cr
Current assets
₹183 cr
Current liabilities
₹57 cr
Delivery %
80.1%
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 exchange filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹10₹11, midpoint ₹10

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₹92 cr
Other Income₹0.54 L
Total Income₹92 cr
Cost of Materials₹59 cr
Purchases of Stock-in-Trade₹33 cr
Inventory Change (±)₹-17 cr
Employee Benefit Expense₹1 cr
Finance Costs₹2 cr
Depreciation & Amortisation₹2 cr
Other Expenses₹4 cr
Total Expenses₹85 cr
Profit before Tax₹7 cr
Tax Expense₹3 cr
Net Profit₹4 cr
Net margin on total income4.9%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹75 cr81.5%
Employee benefit expense₹1 cr1.6%
Finance costs₹2 cr1.9%
Depreciation & amortisation₹2 cr2.7%
Other expenses₹4 cr4.2%
Tax expense₹3 cr3.3%
Profit for the period₹4 cr4.9%
Total income ₹92 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27
Revenue64 cr92 cr
Total income64 cr92 cr
Expenses50 cr85 cr
Profit before tax14 cr7 cr
Tax4 cr3 cr
Net profit (owners' share)9 cr4 cr
Net margin (owners' share, on revenue)14.7%4.2%
EPS (₹)9.080.34
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹261 cr
Shareholder equity
₹181 cr
parent shareholders
Total debt
₹65 cr
Cash
₹1 cr
Peer comparison
Refineries & Marketing · by market value
CompanyPriceMarket capP/E
Reliance Industries Limited₹1,244₹16.83 L cr20.1
Indian Oil Corporation Limited₹134₹1.90 L cr
Bharat Petroleum Corporation Limited₹307₹1.31 L cr
Hindustan Petroleum Corporation Limited₹351₹74,601 cr
Mangalore Refinery and Petrochemicals Limited₹164₹28,702 cr7.6
Chennai Petroleum Corporation Limited₹1,414₹21,057 cr5.1
Kotyark Industries Limitedthis company₹31₹354 cr23.0
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.45%
trailing 12 months
Dividend / share (TTM)
₹0.45
Last dividend
₹0.45
ex 14 Aug 2026
ActionDetailEx-date
Dividend₹0.45 / share14 Aug 2026
Bonus issue1:1024 Jun 2026
Who owns it · 2026-06-30
No pledge
Promoter
57.3%
FII / Foreign
0.1%
DII / Domestic
Retail / others
42.6%
Promoter stake down 14.9% over the last 12 quarters.
Smart-money activity
Insider trades
SoldGaurang R Shah HUF · Promoter Group1,383 · ₹5.6 L27 Mar 26
SoldGaurang R Shah HUF · Promoter Group1.11 L · ₹4.4 cr25 Mar 26
SoldGaurang R Shah HUF · Promoter Group2.00 L · ₹6.5 cr12 Mar 26
Bulk / block deals
SoldSHILPA HARSHIT TALATI · NSE83,000 @ ₹46021 May 26
SoldBHAVINIBEN GAURANG SHAH · NSE66,500 @ ₹404.018 May 26
SoldBHAVINIBEN GAURANG SHAH · NSE76,700 @ ₹405.187 May 26
Stake changes
SoldBhaviniben Gaurang Shah · promoter→ 5.47% · 23,05119 Jun 26
SoldMrs. Bhaviniben Gaurang Shah · promoter→ 5.70% · 9,50018 Jun 26
SoldBhaviniben Gaurang Shah · promoter→ 5.79% · 36,22316 Jun 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 · 22 Aug 2026
See the official result
1
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 and the Reports of the Board of Directors and the Statutory Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
71.63 L votes for, 0 against · 0% of mutual funds and other big investors said no
2
To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 and the Report of the Statutory Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
71.61 L votes for, 0 against · 0% of mutual funds and other big investors said no
3
To declare final dividend of Rs. 5.00/- (Rupee Five only) per equity shares of face value of Rs. 10/- each for the financial year ended on March 31, 2026
Backed by 100% of shareholders other than promotersneeded 50%
71.64 L votes for, 0 against · 0% of mutual funds and other big investors said no
4
To appoint director in place of Mrs. Dhruti Mihir Shah (DIN: 07664924) Whole Time Director of the Company, whose office is liable to retire by rotation at this Annual General Meeting and being eligible, offers herself for re-appointment
Backed by 100% of shareholders other than promotersneeded 50%
71.32 L votes for, 30,540 against · 0% of mutual funds and other big investors said no

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 — 16 named members
owning 57.3% between them · as of 2026-06-30
Gaurang Rameshchandra Shah50.26%
Bhaviniben Gaurang Shah5.47%
Brijkumar Gaurang Shah0.95%
Vandan Gaurang Shah0.66%
Depen Ashokkumar Shahno shares
Dipikaben Ashokkumar Shahno shares
Gaurang R Shah HUFno shares
Hemaben Pratikbhai Bakshino shares
Business done with them
FY2025 · 4 of the group
The company paid ₹9 cr to companies in the promoter group last year — about 3.3% of its ₹288 cr revenue.
Gaurang Rameshchandra Shah
Other payments to them · Payment of Remuneration, Unsecured Loan taken/Repaid, Dividend Paid and Rent Paid
also owns 50.26% of the company
₹8 cr
company paid
Gaurang Rameshchandra Shah
Transfers Of Loan Under Finance Agreements From Entity · Payment of Remuneration, Unsecured Loan taken/Repaid, Dividend Paid and Rent Paid
also owns 50.26% of the company
₹1 cr
company received
Bhaviniben Gaurang Shah
Other payments to them · Payment of Remuneration, Unsecured Loan taken/Repaid,and Dividend Paid
also owns 5.47% of the company
₹1 cr
company paid
Gaurang Rameshchandra Shah
Contribution made to them · Payment of Remuneration, Unsecured Loan taken/Repaid, Dividend Paid and Rent Paid
also owns 50.26% of the company
₹18 L
company paid
Brijkumar Gaurang Shah
Other payments to them · Remuneration paid, Dividned paid and rent paid
also owns 0.95% of the company
₹14.6 L
company paid
Vandan Gaurang Shah
Other payments to them · Dividend Paid
also owns 0.66% of the company
₹10.1 L
company paid
Bhaviniben Gaurang Shah
Transfers Of Loan Under Finance Agreements From Entity · Payment of Remuneration, Unsecured Loan taken/Repaid,and Dividend Paid
also owns 5.47% of the company
₹7.5 L
company received

The company also transacted with 2 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.