Whalesbook
Kesoram Industries Limited is a flagship company of B. K. Birla group. The Co is engaged in the manufacturing of Cement and Rayon, TP & Chemicals.[1]
Business SegmentsCement (94% in FY24 vs 98% in FY22)- It manufactures cement under the brand “Birla Shakti Cement”. It sells premium cement under the brand “Birla Shakti ConQUerete”.
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | UltraTech Cem. | 11608.00 | 46.64 | 342063.58 | 0.67 | 1237.98 | 75.23 | 19606.93 | 20.33 | 10.89 | 81724.53 | 18.35 | 7334.75 | 1231.58 | 4.75 | 5.19 | 0.35 |
| 2. | Grasim Inds | 2730.40 | 42.94 | 185809.17 | 0.37 | 1498.04 | 68.24 | 39899.58 | 16.59 | 7.50 | 159663.26 | 20.07 | 4327.58 | 553.48 | 1.87 | 1.69 | 2.06 |
| 3. | Ambuja Cements | 536.90 | 23.10 | 132712.20 | 0.37 | 2302.28 | 233.64 | 9174.49 | 21.48 | 10.50 | 38772.67 | 18.83 | 5746.21 | 1935.75 | 2.36 | 7.02 | 0.02 |
| 4. | Shree Cement | 26450.00 | 55.52 | 95433.58 | 0.42 | 309.82 | 303.60 | 4761.07 | 17.44 | 6.71 | 20146.65 | 23.33 | 1718.89 | 308.51 | 4.25 | 3.97 | 0.10 |
| 5. | J K Cements | 5618.50 | 41.95 | 43413.17 | 0.27 | 159.25 | 275.56 | 3019.20 | 17.93 | 13.99 | 12883.19 | 18.56 | 1034.93 | 160.53 | 6.70 | 5.11 | 1.00 |
| 6. | Dalmia BharatLtd | 1990.30 | 33.55 | 37331.09 | 0.45 | 239.00 | 413.04 | 3417.00 | 10.69 | 5.58 | 14325.00 | 20.13 | 1112.86 | 236.00 | 2.11 | 2.48 | 0.40 |
| 7. | ACC | 1815.20 | 10.55 | 34087.14 | 0.41 | 1119.26 | 401.44 | 5931.67 | 27.99 | 17.44 | 24060.83 | 14.84 | 3230.72 | 1119.23 | 1.71 | 9.46 | 0.02 |
| 8. | Kesoram Inds. | 5.45 | – | 169.34 | 0.00 | -111.86 | -36.23 | 0.00 | – | -2.93 | 0.00 | – | -19.90 | -3.76 | 0.52 | 285.53 | 0.00 |
| – | Median: 34 Co. | 188.24 | 32.2 | 3028.86 | 0.24 | 19.92 | 119.45 | 601.69 | 17.38 | 6.11 | 2503.97 | 12.05 | 65.69 | 22.52 | 2.23 | 1.46 | 0.57 |
Standalone figures in ₹ crores
| Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 786 | 929 | 996 | 949 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Expenses | 726 | 842 | 881 | 834 | 8 | 6 | 7 | 7 | 7 | 4 | 30 | 5 | 6 |
Operating Profit | 59 | 87 | 116 | 115 | -8 | -6 | -7 | -7 | -7 | -4 | -30 | -5 | -6 |
Other Income | 13 | -158 | 15 | 10 | -26 | -29 | -238 | -10 | -42 | -109 | 5,671 | -123 | -106 |
Profit before tax | -50 | -190 | -5 | -10 | -35 | -36 | -245 | -18 | -49 | -114 | 5,632 | -127 | -112 |
Tax % | -17% | -86% | 19% | -27% | 0% | 0% | 2% | 148% | 0% | -0% | -0% | -0% | 0% |
Net Profit | -41 | -27 | -6 | -8 | -35 | -36 | -249 | -44 | -49 | -114 | 5,639 | -127 | -112 |
EPS in Rs | -1.33 | -0.88 | -0.20 | -0.25 | -1.13 | -1.17 | -8.03 | -1.42 | -1.57 | -3.68 | 181.48 | -4.10 | -3.60 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 5,081 | 4,618 | 4,100 | 3,676 | 3,587 | 2,581 | 2,330 | 2,415 | 3,540 | 3,534 | 0 | 0 | 0 |
Expenses | 4,795 | 4,500 | 4,378 | 3,653 | 3,656 | 2,558 | 2,101 | 2,021 | 2,991 | 3,233 | 27 | 48 | 45 |
Operating Profit | 286 | 117 | -277 | 24 | -69 | 22 | 229 | 394 | 549 | 301 | -27 | -48 | -45 |
Other Income | 125 | 470 | 1,214 | 227 | 153 | 82 | -308 | -192 | -116 | -103 | -295 | 5,509 | 5,333 |
Interest | 573 | 681 | 678 | 282 | 421 | 283 | 315 | 246 | 482 | 423 | 0 | 0 | 0 |
Depreciation | 318 | 274 | 122 | 123 | 128 | 88 | 91 | 96 | 91 | 82 | 3 | 11 | 9 |
Profit before tax | -480 | -367 | 137 | -154 | -466 | -266 | -486 | -140 | -140 | -306 | -325 | 5,451 | 5,278 |
Net Profit | -516 | -367 | 137 | -155 | -464 | -254 | -486 | 167 | -130 | -116 | -329 | 5,432 | 5,285 |
EPS in Rs | -31.61 | -22.48 | 7.87 | -8.89 | -22.73 | -12.00 | -22.92 | 6.82 | -5.34 | -3.72 | -10.59 | 174.82 | 170.10 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | – |
Standalone figures in ₹ crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 110 | 110 | 117 | 117 | 137 | 143 | 143 | 165 | 244 | 311 | 311 | 311 | 311 |
Reserves | 361 | -22 | 278 | 729 | 636 | 388 | -115 | 182 | 362 | 338 | 7 | 234 | 14 |
Borrowings | 4,908 | 5,192 | 5,270 | 3,267 | 3,460 | 2,948 | 1,999 | 1,849 | 1,703 | 1,734 | 2,046 | 0 | 0 |
Other Liabilities | 853 | 849 | 972 | 1,181 | 1,428 | 1,611 | 1,005 | 917 | 916 | 913 | 928 | 96 | 44 |
Total Liabilities | 6,232 | 6,129 | 6,638 | 5,294 | 5,662 | 5,090 | 3,031 | 3,113 | 3,226 | 3,295 | 3,291 | 641 | 369 |
Fixed Assets | 3,227 | 1,547 | 1,402 | 2,030 | 2,365 | 2,261 | 1,670 | 1,598 | 1,543 | 1,290 | 1,291 | 177 | 133 |
Gross Block | 5,479.25 | 3,236.26 | 3,068.60 | 2,152.38 | 2,615.20 | 2,633.84 | 2,018.23 | 2,037.15 | 2,069.98 | 1,848.50 | 1,964.68 | 213.18 | – |
Accumulated Depreciation | 2,252.14 | 1,689.60 | 1,666.74 | 122.83 | 249.75 | 372.88 | 348.27 | 439.03 | 527.09 | 558.81 | 673.61 | 35.89 | – |
CWIP | 731 | 548 | 556 | 712 | 781 | 788 | 14 | 15 | 28 | 48 | 25 | 0 | 0 |
Investments | 66 | 766 | 706 | 101 | 508 | 507 | 500 | 538 | 380 | 388 | 371 | 172 | 34 |
Other Assets | 2,208 | 3,267 | 3,974 | 2,452 | 2,008 | 1,534 | 848 | 962 | 1,275 | 1,569 | 1,603 | 291 | 201 |
Total Assets | 6,232 | 6,129 | 6,638 | 5,294 | 5,662 | 5,090 | 3,031 | 3,113 | 3,226 | 3,295 | 3,291 | 641 | 369 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 428 | 519 | 210 | 119 | 215 | 756 | 759 | 256 | 336 | 180 | -7 | 51 |
Cash from Investing Activity | -75 | -42 | 519 | 1,681 | -580 | -84 | -847 | -225 | -79 | -16 | 2 | -59 |
Cash from Financing Activity | -360 | -414 | -426 | -2,126 | 60 | -1,323 | -118 | 181 | -229 | -230 | 0 | 0 |
Net Cash Flow | -6 | 63 | 303 | -326 | -306 | -651 | -206 | 212 | 28 | -66 | -5 | -8 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 65 | 61 | 49 | 49 | 54 | 79 | 27 | 42 | 33 | 37 | – | – |
Inventory Days | 134 | 135 | 134 | 115 | 116 | 407 | 175 | 140 | 151 | 198 | – | – |
Days Payable | 88 | 103 | 140 | 140 | 205 | 1,170 | 886 | 734 | 566 | 541 | – | – |
Cash Conversion Cycle | 111 | 92 | 42 | 24 | -35 | -685 | -685 | -552 | -382 | -305 | – | – |
Working Capital Days | -84 | 29 | 32 | -23 | -75 | -174 | -186 | -67 | -32 | -16 | – | – |
ROCE % | 2% | -2% | 1% | 0% | 1% | 0% | 8% | 19% | 22% | 12% | -0% | -3% |
Direct from BSE filings, auto-summarised
External media mentions & references
Editorial & research coverage
Mar 2022
Dec 2021
