KRISHNADEF

Krishna Defence And Allied Industries Limited

Listed company · ISIN INE0J5601015 · NSE EQ · FV ₹10
Last price
₹1,260
+1.17%today
What this company does

Krishna Defence And Allied Industries Limited is a listed company. It booked ₹58 cr of revenue in its latest quarter (Q1 FY27) and kept 19.9% of sales as profit.

“Krishna Defence and Allied Industries Limited (KDAIL) has emerged as a formidable player in India’s defence sector, championing ‘Make in India’ solutions that significantly reduce import dependence.”
In the report:
73out of 100
Equitytale Health Score
Solid

Healthier than 73% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 2,387–2,932 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)
62

At close. Not part of the score.

Profitability & returns82

How much profit it earns on the money it employs

Balance sheet86

How much it owes, and whether earnings cover the interest

Cash quality78

Whether reported profit actually arrives as cash

Valuation18

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
Looks broadly healthy
Strengths
✓ Makes a profit
✓ Strong 20% net margin
✓ Promoters hold 55%
✓ No promoter shares pledged
✓ Strong 21% return on equity
✓ Virtually debt-free
Watch-outs
None flagged from our data

What if I invest in KRISHNADEF?

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 We do not publish price targets or predict returns.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
₹1,260▲ +1.17%
latest close · 2026-11-04
52-wk low ₹57131 sessions so far52-wk high ₹1,368
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 ratio41.1High
LowAverageHigh
P/B ratio8.60High
Below bookModerateHigh
EV / EBITDA29.3High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity20.9%Strong
WeakFairStrong ▸15%
Return on capital27.2%Strong
WeakFairStrong
Net margin19.9%Strong
ThinDecentStrong
EBITDA margin28.0%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.03Comfortable
LowModerateHigh ▸1
Interest cover128.9×Strong
RiskyOkayStrong ▸5×
Current ratio2.83Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹1,883 cr
Book value
₹146
EPS
₹7.66
latest quarter
Net debt
₹3 cr
owes more than its cash
Enterprise value
₹1,885 cr
EBITDA
₹64 cr
annualised
EBIT
₹60 cr
annualised
Operating margin
26.1%
Return on assets
17.6%
Earnings yield
2.43%
P/S
8.17
Sales / share
₹154.1
Tax rate
21.7%
Face value
₹10
Shares
1.5 cr
Working capital
₹72 cr
Current assets
₹112 cr
Current liabilities
₹39 cr
Delivery %
38.8%
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 2026 report & 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 ₹244–₹306, midpoint ₹275

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₹58 cr
Other Income₹94 L
Total Income₹59 cr
Cost of Materials₹23 cr
Purchases of Stock-in-Trade₹5 cr
Inventory Change (±)₹2 cr
Employee Benefit Expense₹5 cr
Finance Costs₹11.7 L
Depreciation & Amortisation₹1 cr
Other Expenses₹7 cr
Total Expenses₹44 cr
Profit before Tax₹15 cr
Tax Expense₹3 cr
Share of JV / Associates₹-22.4 L
Net Profit₹11 cr
Net margin on total income19.5%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹30 cr51.8%
Employee benefit expense₹5 cr8.5%
Finance costs₹11.7 L0.2%
Depreciation & amortisation₹1 cr1.9%
Other expenses₹7 cr12.6%
Tax expense₹3 cr5.5%
Profit for the period₹11 cr19.6%
Total income ₹59 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue64 cr65 cr58 cr
Total income64 cr67 cr59 cr
Expenses51 cr50 cr44 cr
Profit before tax13 cr17 cr15 cr
Tax3 cr4 cr3 cr
Net profit (owners' share)10 cr13 cr11 cr
Net margin (owners' share, on revenue)15.9%19.8%19.9%
EPS (₹)6.788.617.66
Balance sheet & cash flow · as of Sep 2026
Debt-free
Total assets
₹260 cr
Shareholder equity
₹219 cr
parent shareholders
Total debt
₹6 cr
Cash
₹3 cr
Corporate actions
Dividend yield
0.10%
trailing 12 months
Dividend / share (TTM)
₹1.25
Last dividend
₹1.25
ex 8 Jul 2026
ActionDetailEx-date
Dividend₹1.25 / share8 Jul 2026
Who owns it · 2026-09-30
No pledge
Promoter
55.2%
FII / Foreign
0.8%
DII / Domestic
3.6%
Retail / others
40.4%
Promoter stake down 6.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtANKUR ASHWIN SHAH · Promoters2.00 L · ₹20.0 L25 Jul 25
BoughtPALALVI ASHWIN SHAH · Promoter Group1.02 L · ₹1.4 cr8 Feb 23
BoughtPREYAL ANKUR SHAH · Promoter Group2.52 L · ₹3.5 cr8 Feb 23
Bulk / block deals
BoughtJUNOMONETA FINSOL PRIVATE LIMITED · NSE75,310 @ ₹1,273.596 Oct 26
SoldJUNOMONETA FINSOL PRIVATE LIMITED · NSE75,310 @ ₹1,273.516 Oct 26
SoldALPHAGREP SECURITIES PRIVATE LIMITED · NSE85,141 @ ₹1,271.176 Oct 26
Stake changes
BoughtPreyal Ankur Shah · promoter→ 2.39% · 2.52 L25 May 24
BoughtPreyal Ankur Shah · promoter→ 2.20% · 2.52 L8 Feb 23
BoughtPreyal Ankur Shah · promoter→ 0.73%8 Feb 23
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
Adoption of audited financial statements for the year ended on 31st March, 2025 and the Directors’ and the Auditors’ Report thereon.
Backed by 100% of shareholders other than promotersneeded 50%
4.82 L votes for, 0 against · 0% of mutual funds and other big investors said no
2
Appointment of Mrs. Preyal Ankur Shah (DIN: 06966962) as Director liable to retire by rotation
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
4.82 L votes for, 0 against · 0% of mutual funds and other big investors said no
3
To declare the final dividend of Rs. 0.5/- per equity share for the year ended 31st March,2025.
Backed by 100% of shareholders other than promotersneeded 50%
4.82 L votes for, 0 against · 0% of mutual funds and other big investors said no
4
To ratify remuneration of M/s. Y.S. Thakar & Co., Cost Accountants in Practice appointed as Cost Auditor
Backed by 100% of shareholders other than promotersneeded 50%
4.82 L votes for, 0 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 — 7 named members
owning 55.2% between them · as of 2026-09-30
ANKUR ASHWIN SHAH33.81%
PALLAVI ASHWIN SHAH10.61%
KRISH INDUSTRIES PRIVATE LIMITED5.62%
KRISH COMMODITIES (INDIA) LLP3.93%
PREYAL ANKUR SHAH1.24%
ANKUR A SHAH HUFno shares
ASHVIN N SHAH HUFno shares
Business done with them
FY2026 · 5 of the group
The company paid ₹6 cr to companies in the promoter group last year — about 2.3% of its ₹245 cr revenue and received ₹7 cr back from them.
KRISH INDUSTRIES PRIVATE LIMITED
Bought property or assets from them · Purchase, sale, rent expenses and re-imbursement, Dividend Paid
also owns 5.62% of the company
₹5 cr
company paid
Ankur Ashwin Shah
Contribution received from them · Remuneration, Loan taken, Loan repaid, and Dividend Paid
also owns 33.81% of the company
₹5 cr
company received
Ankur Ashwin Shah
Other income from them · Remuneration, Loan taken, Loan repaid, and Dividend Paid
also owns 33.81% of the company
₹1 cr
company received
Ankur Ashwin Shah
Bought property or assets from them · Remuneration, Loan taken, Loan repaid, and Dividend Paid
also owns 33.81% of the company
₹83.7 L
company paid
KRISH INDUSTRIES PRIVATE LIMITED
Other income from them · Purchase, sale, rent expenses and re-imbursement, Dividend Paid
also owns 5.62% of the company
₹79.6 L
company received
Pallavi Ashwin Shah
Other income from them · Dividend paid & shares issued
also owns 10.61% of the company
₹8.7 L
company received
KRISH INDUSTRIES PRIVATE LIMITED
Other payments to them · Purchase, sale, rent expenses and re-imbursement, Dividend Paid
also owns 5.62% of the company
₹7.2 L
company paid
Preyal Ankur Shah
Other income from them · Sitting fees, Dividend paid & shares issued
also owns 1.24% of the company
₹5.5 L
company received
White Gold Technologies LLP
Other income from them · Purchase, Sale and Rent income and re-imbursement
₹3.1 L
company received

The company also transacted with 9 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.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹7 cr raised in Jul 2025 by selling shares to selected investors

The company has not broken this money down into purposes in its filing for Sep 2025, so there is nothing to measure it against yet.

₹12 cr raised in Jun 2025 by selling shares to selected investors

The company has not broken this money down into purposes in its filing for Sep 2025, so there is nothing to measure it against yet.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

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