KWILFast Moving Consumer Goods

Kwality Wall's (India) Limited

Dairy Products · ISIN INE2KCE01013 · BSE 544622 · NSE EQ · FV ₹1
Last price
₹40
-3.41%today
What this company does

Kwality Wall's (India) Limited operates in Dairy Products, part of the Fast Moving Consumer Goods sector. It booked ₹878 cr of revenue in its latest quarter (Q1 FY27) and kept 5.8% of sales as profit. It is the 3rd largest of 8 Dairy Products companies we track, by market value.

64out of 100
Equitytale Health Score
Mixed

Healthier than 64% of companies in Fast Moving Consumer Goods, on the 4 of 6 measures we could read for it. Each measure is ranked against the 122–149 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)
46

At close. Not part of the score.

Profitability & returns78

How much profit it earns on the money it employs

Balance sheet62

How much it owes, and whether earnings cover the interest

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: cash quality, 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 62%
No promoter shares pledged
Strong 30% return on equity
Virtually debt-free
Watch-outs
! Thin 5.8% net margin

What if I invest in KWIL?

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 We do not publish price targets or predict returns.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
₹40 -3.41%
latest close · 2026-09-17
52-wk low ₹3042 sessions so far52-wk high ₹51
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 ratio45.4High
LowAverageHigh
P/B ratio13.95High
Below bookModerateHigh
EV / EBITDA19.9High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity30.2%Strong
WeakFairStrong ▸15%
Return on capital27.5%Strong
WeakFairStrong
Net margin5.8%Decent
ThinDecentStrong
EBITDA margin13.5%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.07Comfortable
LowModerateHigh ▸1
Interest cover7.5×Strong
RiskyOkayStrong ▸5×
Current ratio0.77Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹9,379 cr
Book value
₹3
EPS
₹0.22
latest quarter
Net debt
₹36 cr
owes more than its cash
Enterprise value
₹9,415 cr
EBITDA
₹474 cr
annualised
EBIT
₹312 cr
annualised
Operating margin
8.9%
Return on assets
11.0%
Earnings yield
2.20%
P/S
2.67
Sales / share
₹14.9
Tax rate
25.1%
Face value
₹1
Shares
235.0 cr
Working capital
₹-158 cr
Current assets
₹543 cr
Current liabilities
₹700 cr
Delivery %
37.8%
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 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The company's latest annual profit was negative, so we won't call it cheap off older profits.

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₹878 cr
Other Income₹2 cr
Total Income₹880 cr
Cost of Materials₹180 cr
Purchases of Stock-in-Trade₹161 cr
Inventory Change (±)₹131 cr
Employee Benefit Expense₹57 cr
Finance Costs₹10 cr
Depreciation & Amortisation₹40 cr
Other Expenses₹245 cr
Total Expenses₹826 cr
Exceptional Items₹14 cr
Profit before Tax₹68 cr
Tax Expense₹17 cr
Net Profit₹51 cr
Net margin on total income5.8%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹472 cr52.9%
Employee benefit expense₹57 cr6.4%
Finance costs₹10 cr1.2%
Depreciation & amortisation₹40 cr4.5%
Other expenses₹245 cr27.5%
Tax expense₹17 cr1.9%
Profit for the period₹51 cr5.7%
Total income ₹880 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue223 cr486 cr878 cr
Total income223 cr486 cr880 cr
Expenses333 cr612 cr826 cr
Profit before tax-203 cr-143 cr68 cr
Tax-25 cr-36 cr17 cr
Net profit (owners' share)-178 cr-107 cr51 cr
Net margin (owners' share, on revenue)-79.8%-22.0%5.8%
EPS (₹)-0.76-0.460.22
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹1,836 cr
Shareholder equity
₹672 cr
parent shareholders
Total debt
₹50 cr
Cash
₹14 cr
Peer comparison
Dairy Products · by market value
CompanyPriceMarket capP/E
Hatsun Agro Product Limited₹1,182₹26,326 cr108.6
Milky Mist Dairy Food Limited₹275₹17,662 cr68.0
Kwality Wall's (India) Limitedthis company₹40₹9,379 cr45.4
Dodla Dairy Limited₹1,050₹6,332 cr38.9
Vadilal Industries Limited₹7,101₹5,106 cr9.7
Heritage Foods Limited₹405₹3,762 cr37.3
Parag Milk Foods Limited₹265₹3,308 cr37.6
Sheetal Cool Products Limited₹626₹657 cr23.5
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
61.9%
FII / Foreign
3.7%
DII / Domestic
11.1%
Retail / others
23.4%
Smart-money activity
Bulk / block deals
short · NSE2,50015 Sep 26
short · NSE2,3053 Sep 26
short · NSE25,00026 Aug 26
Stake changes
BoughtThe Magnum Ice Cream Company HoldCo 1 Netherlands B.V.→ 61.90% · 145.44 cr30 Mar 26
SoldUnilever PLC, Unilever Group Limited, Unilever Overseas Holdings AG, Unilever UK&CN Holdings Limited, Unilever South India Estates Limited, Unilever Assam Estates Limited and Unilever Overseas Holdings B.V. · promoter→ 0.00% · 145.44 cr30 Mar 26
BoughtUnilever Plc and other Promoter and Promoter entities · promoter→ 61.90% · 145.44 cr16 Feb 26
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 — 1 named members
owning 61.9% between them · as of 2026-06-30
THE MAGNUM ICE CREAM COMPANY HOLDCO 1 NETHERLANDS B.V.61.91%

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.