Kesoram Industries Ltd (KESORAMIND) AI Stock Analysis

• Market Cap: ₹1.62B
• Dividend Yield: N/A
• Average Volume (3M): 362.25K
• Price to Earnings (P/E): <0.1
• Beta (1Y): 1.08
• Revenue Growth: -93.47%
• EPS Growth: N/A
• Country: IN
• Employees: 1,588
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Construction Materials
• EPS (TTM): -3.20
• Shares Outstanding: 310,640,140
• 10 Day Avg. Volume: 54,144
• 30 Day Avg. Volume: 362,255
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.14
• Price to Sales (P/S): 0.24
• P/FCF Ratio: 1.99
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹6.00
• Price Target Upside: 14.94% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 52 Neutral
• Price Target: ₹6.00 ▲(14.94% Upside)

The overall score is primarily influenced by financial performance and technical analysis. The company's mixed financial health, with strengths in cash generation but weaknesses in revenue consistency and leverage, is a concern. Technical analysis provides neutral signals, while the extremely low P/E ratio suggests potential undervaluation yet raises questions about earnings stability.

Kesoram Industries Ltd Business Overview & Revenue Model

Company Description

Kesoram Industries Ltd (KESORAMIND) is a diversified conglomerate based in India, with primary operations in the cement and tire manufacturing sectors. The company is part of the BK Birla Group of companies and has a significant presence in the Indian market. It produces a range of cement products under the brand name 'Birla Shakti', and its tire division manufactures and markets tires for various vehicles, including two-wheelers, passenger cars, and commercial vehicles.

How the Company Makes Money

Kesoram Industries Ltd generates revenue primarily through the sale of its cement and tire products. The cement division contributes significantly to the company's earnings, driven by the demand for construction materials in the rapidly developing Indian infrastructure sector. The tire division also plays a crucial role in revenue generation, catering to both domestic and international markets. The company benefits from strategic partnerships and its established brand presence, which help in maintaining a steady customer base and expanding its market reach. Additionally, Kesoram Industries may engage in export activities, further diversifying its revenue streams.

Kesoram Industries Ltd Financial Statement Overview

Summary

Kesoram Industries shows a mixed financial profile. Strengths lie in gross profitability and operational cash generation, but the company faces challenges with inconsistent revenue growth, profitability, and high leverage risks.

Income Statement

Kesoram Industries shows a mixed performance in its income statement. The gross profit margin remains relatively healthy, but the net profit margin is inconsistent due to fluctuating net income, including significant losses in recent years. Revenue growth is volatile, with noticeable declines, reflecting challenges in sustaining sales momentum. EBIT and EBITDA margins have been under pressure, indicating operational inefficiencies.

Balance Sheet

The balance sheet reveals moderate financial stability with a positive equity base but high levels of debt. The debt-to-equity ratio is relatively high, suggesting potential leverage risks. Return on equity has been erratic due to inconsistent net income levels. However, the equity ratio indicates that a reasonable portion of the company’s assets are funded by equity, providing some cushion against liabilities.

Cash Flow

Cash flow analysis indicates some strengths in operational cash generation, although free cash flow growth fluctuates. The operating cash flow to net income ratio is positive, showing the company’s ability to generate cash from operations despite net income volatility. However, the free cash flow to net income ratio suggests room for improvement in translating profits into free cash flows consistently.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2022	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.70B	2.59B	39.87B	35.99B	37.78B	26.48B
Gross Profit	4.24B	917.50M	15.77B	16.66B	17.96B	15.90B
EBITDA	280.30M	-516.70M	3.41B	5.13B	1.68B	2.27B
Net Income	55.65B	55.65B	-3.84B	-773.40M	-1.94B	1.40B
Balance Sheet
Total Assets	8.13B	8.13B	33.76B	34.33B	34.35B	32.31B
Cash, Cash Equivalents and Short-Term Investments	292.40M	292.40M	1.48B	1.35B	547.70M	1.07B
Total Debt	1.99B	1.99B	22.70B	19.02B	19.38B	20.36B
Total Liabilities	3.61B	3.61B	32.81B	29.22B	29.62B	30.34B
Stockholders Equity	4.52B	4.52B	948.20M	5.11B	4.73B	1.97B
Cash Flow
Free Cash Flow	0.00	313.00M	1.12B	2.88B	581.70M	2.31B
Operating Cash Flow	0.00	373.40M	2.06B	3.24B	1.31B	2.59B
Investing Cash Flow	0.00	68.40M	-164.00M	-633.00M	487.40M	-1.50B
Financing Cash Flow	0.00	-488.40M	-1.48B	-2.24B	-2.48B	2.01B

Kesoram Industries Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 5.22
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:KESORAMIND, the sentiment is Neutral. The current price of 5.22 is below the 20-day moving average (MA) of 5.60, below the 50-day MA of 5.98, and below the 200-day MA of 7.95, indicating a bearish trend. The MACD of -0.21 indicates Positive momentum. The RSI at 41.59 is Neutral, neither overbought nor oversold. The STOCH value of 43.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:KESORAMIND.

Kesoram Industries Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OCCL	68 Neutral	₹1.88B	17.96		7.44%	-76.65%	-76.77%
HISARMETAL	63 Neutral	₹1.03B	37.55		0.50%	0.22%	-50.63%
MODIRUBBER	60 Neutral	₹3.03B	14.79		―	30.15%	31.68%
KESORAMIND	52 Neutral	₹1.62B	0.03		―	-93.47%	―
Sector *	44 Neutral	C$923.76M	-8.68	-0.23%	2.69%	24.53%	-41.45%

Kesoram Industries Ltd Corporate Events

Kesoram Industries Initiates Postal Ballot for CEO Re-appointment

Kesoram Industries Limited has announced the dispatch of a Postal Ballot Notice to its shareholders, seeking approval for the re-appointment of M. Radhakrishnan Pacmalochanan as a Whole-time Director and Chief Executive Officer for one year, effective August 6, 2025. The voting will be conducted electronically via remote e-voting from August 6, 2025, to September 4, 2025, with results to be announced by September 6, 2025. This move is significant for the company’s governance and operational continuity, as it ensures leadership stability and engages shareholders in key decision-making processes.

Kesoram Industries Announces 106th AGM with E-Voting Facility

Kesoram Industries Limited has announced the scheduling of its 106th Annual General Meeting (AGM) to be held on July 16, 2025, via video conference or other audio-visual means. The company has dispatched the AGM notice and the annual report for the fiscal year 2024-25 electronically to registered members. The AGM will facilitate e-voting for members to exercise their voting rights on resolutions proposed during the meeting. The results of the voting will be declared within two working days post the AGM and will be available on the company’s website and other relevant platforms.