Kokuyo Camlin Limited (KOKUYOCMLN) AI Stock Analysis

• Market Cap: ₹8.81B
• Dividend Yield: 0.55%
• Average Volume (3M): 4.08K
• Price to Earnings (P/E): 48.2
• Beta (1Y): 1.08
• Revenue Growth: -3.15%
• EPS Growth: -15.95%
• Country: IN
• Employees: 1,122
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Business Equipment & Supplies
• EPS (TTM): 0.78
• Shares Outstanding: 100,303,810
• 10 Day Avg. Volume: 2,770
• 30 Day Avg. Volume: 4,078
• PEG Ratio: -2.13
• Price to Book (P/B): 3.57
• Price to Sales (P/S): 1.41
• P/FCF Ratio: 35.17
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: ₹101.00 ▲(6.55% Upside)

Kokuyo Camlin Limited's overall stock score is primarily impacted by its mixed financial performance and bearish technical indicators. The stable balance sheet provides some support, but declining revenue and profitability, along with negative cash flow trends, are significant concerns. The technical analysis indicates bearish momentum, and the valuation metrics highlight potential profitability issues.

Positive Factors

Strong Equity Base

A strong equity base provides financial stability and reduces reliance on debt, allowing Kokuyo Camlin to invest in growth opportunities without excessive leverage.

Effective Cash Generation

Strong cash generation from operations indicates Kokuyo Camlin's ability to fund its operations and investments internally, enhancing financial flexibility and reducing the need for external financing.

Conservative Leverage

Conservative leverage reduces financial risk and interest burden, allowing Kokuyo Camlin to focus on strategic initiatives and withstand economic fluctuations more effectively.

Negative Factors

Declining Revenue

Declining revenue trends indicate challenges in market demand or competitive positioning, potentially impacting Kokuyo Camlin's ability to sustain growth and profitability.

Negative Free Cash Flow Growth

Negative free cash flow growth suggests potential liquidity issues, limiting Kokuyo Camlin's ability to invest in new projects or return capital to shareholders without additional financing.

Decreased Profit Margins

Decreased profit margins reflect operational inefficiencies or increased costs, which could hinder Kokuyo Camlin's ability to reinvest in its business and maintain competitive pricing.

Kokuyo Camlin Limited Business Overview & Revenue Model

Company Description

Kokuyo Camlin Limited manufactures and markets stationery products, hobby art materials, and scholastic products in India. It provides adhesives, brush pens, clay and dough products, color pencils, color pen pencils, drawing books, fountain pens, fountain pen inks and cartridge, gel crayons, geometry boxes and accessories, gift sets and kits, mechanical pencils and leads, notebooks, oil pastels, pencils and pals, pens, plastic crayons, sketch pens, student poster colors, students' water color cakes, students' water color tubes, technical and writing instruments, washable crayons, and wax crayons for students. The company also offers correction pens, gum and paste products, markers and marker inks, and office products accessories for office professionals; and acrylic sprays, art materials, artist's pastels, artist's water colors, artist's acrylic colors, artist's oil colors, brushes, canvas, drawing inks, drawing pencils/charcoals, other art materials, painting mediums, premium color and bi-color pencils, premium poster colors, students' oil colors, and water color pencils for artists and designers. In addition, it provides 3D glitters, colors, cone-liners, fluid acrylic colors, hobby brushes, hobby mediums, and sparkle colors for hobbyists. The company markets its products under the Camel and Camlin brands. It also exports its products primarily to SAARC countries, the Middle East, Far East, and Japan. The company was formerly known as Camlin Limited and changed its name to Kokuyo Camlin Limited in 2012. The company was founded in 1931 and is based in Mumbai, India. Kokuyo Camlin Limited is a subsidiary of Kokuyo Co., Ltd.

How the Company Makes Money

Kokuyo Camlin Limited generates revenue through the sale of its wide range of stationery products, targeting various customer segments including students, professionals, and businesses. The company's primary revenue streams include direct sales to retailers, distribution through wholesalers, and direct-to-consumer sales via e-commerce platforms. Additionally, Kokuyo Camlin benefits from partnerships with educational institutions and government organizations that require bulk stationery supplies. The company also engages in promotional activities and brand collaborations to enhance its market presence and drive sales. Factors contributing to its earnings include product innovation, brand loyalty, and a robust distribution network that ensures product availability across various regions.

Kokuyo Camlin Limited Financial Statement Overview

Summary

Kokuyo Camlin Limited shows a mixed financial performance. The income statement indicates declining revenue and profitability margins, reflecting operational difficulties. The balance sheet is stable with a strong equity base and manageable debt levels, but cash flow analysis reveals concerns, particularly with negative free cash flow growth.

Income Statement

Kokuyo Camlin Limited demonstrates a mixed performance in its income statement. The company has shown a declining revenue trend over the past year with a decrease in total revenue from 2024 to 2025. The gross profit margin is moderate, and the net profit margin has decreased significantly, indicating a reduction in profitability. EBIT and EBITDA margins also show a downward trend, suggesting operational challenges. Despite these issues, the company has managed to maintain a positive net income.

Balance Sheet

The balance sheet indicates a stable financial position with a strong equity base. The debt-to-equity ratio is manageable, suggesting a conservative use of leverage. Return on Equity (ROE) has declined, reflecting pressure on profitability. The equity ratio remains healthy, indicating the company is not overly reliant on debt financing, which is a positive indicator of financial stability.

Cash Flow

Cash flow analysis reveals some concerns, particularly with the free cash flow growth turning negative. The operating cash flow to net income ratio is strong, suggesting effective cash generation from operations. However, the free cash flow to net income ratio is weak, indicating potential challenges in maintaining liquidity without external financing.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	7.59B	7.63B	8.14B	7.73B	5.07B	4.03B
Gross Profit	2.30B	1.52B	2.90B	2.85B	1.78B	1.55B
EBITDA	256.72M	345.67M	822.65M	564.47M	163.36M	89.48M
Net Income	-3.49M	58.33M	438.32M	244.47M	-47.28M	-146.18M
Balance Sheet
Total Assets	0.00	4.55B	4.93B	4.42B	3.89B	3.90B
Cash, Cash Equivalents and Short-Term Investments	72.42M	77.44M	97.04M	84.92M	72.56M	70.54M
Total Debt	0.00	541.04M	803.38M	558.07M	704.80M	782.45M
Total Liabilities	-3.02B	1.53B	1.97B	1.80B	1.49B	1.47B
Stockholders Equity	3.02B	3.02B	2.96B	2.63B	2.39B	2.44B
Cash Flow
Free Cash Flow	0.00	306.82M	-71.03M	153.77M	115.28M	582.67M
Operating Cash Flow	0.00	517.48M	188.35M	274.79M	178.03M	617.60M
Investing Cash Flow	0.00	-210.01M	-176.69M	-74.06M	-55.80M	-34.22M
Financing Cash Flow	0.00	-329.63M	414.00K	-188.28M	-119.27M	-565.02M

Kokuyo Camlin Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 94.79
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:KOKUYOCMLN, the sentiment is Negative. The current price of 94.79 is above the 20-day moving average (MA) of 90.58, above the 50-day MA of 94.40, and below the 200-day MA of 108.57, indicating a bearish trend. The MACD of -0.34 indicates Negative momentum. The RSI at 44.41 is Neutral, neither overbought nor oversold. The STOCH value of 61.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:KOKUYOCMLN.

Kokuyo Camlin Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OSWALAGRO	68 Neutral	₹7.19B	5.65	―	―	―	―
HUHTAMAKI	66 Neutral	₹14.67B	14.13	―	0.95%	-1.59%	-75.34%
RSWM	64 Neutral	₹6.39B	80.06	―	―	5.54%	―
RUBYMILLS	64 Neutral	₹6.94B	13.13	―	0.78%	31.27%	38.24%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
NAHARPOLY	60 Neutral	₹5.67B	9.32	―	0.41%	8.64%	182.96%
KOKUYOCMLN	49 Neutral	₹8.81B	48.19	―	0.55%	-3.15%	-15.95%

Kokuyo Camlin Limited Corporate Events

Kokuyo Camlin Faces GST Demand with Minimal Impact

Kokuyo Camlin Limited has disclosed an order from the Office of the Superintendent of CGST & Central Excise, demanding Goods and Service Tax along with interest and penalties. The order, which disallows Input Tax Credit on RCM amounting to Rs. 39,024 and imposes a penalty of Rs. 20,000, is currently appealable and is not expected to have a material impact on the company’s financial or operational activities.

Kokuyo Camlin Faces GST Demand and Penalties

Kokuyo Camlin Limited has disclosed a demand for Goods and Service Tax (GST) along with interest and penalties from the Office of the Commissioner of Central Goods and Service Tax, Audit-II, Circle-4, Delhi. The order highlights several violations, including non-payment of late fees for GSTR-3B, non-reversal of Input Tax Credit (ITC) for retrospectively canceled suppliers, and short payment of tax under the Reverse Charge Mechanism (RCM). These actions could impact the company’s financial obligations and compliance standing.