KSS Ltd. (KSERASERA) AI Stock Analysis

• Market Cap: ₹405.82M
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): ―
• Beta (1Y): N/A
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IN
• Employees: N/A
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Entertainment
• EPS (TTM): >-0.01
• Shares Outstanding: 2,135,875,000
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: 0.34
• Price to Book (P/B): 20.93
• Price to Sales (P/S): 16.01
• P/FCF Ratio: -591.11
• 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: 43 Neutral
• Price Target: ―

The score is driven primarily by weak financial performance: contracting/volatile revenue, persistent losses, ongoing cash burn, and sharply increased balance-sheet risk from extreme leverage and reduced equity. Technical and valuation inputs were not available in the provided data, limiting the ability to offset the financial risk.

KSS Ltd. Business Overview & Revenue Model

Company Description

KSS Limited, a diversified media company, engages in the business of content distribution and exhibition of feature films, and other activities primarily in India. The company operates through Movie Digitization, Miniplex Theater, Retail Gold Jewellery, Film Production & Distribution, and Others segments. It offers high definition cinema projection technology under the Sky Cinex Prime name. The company is also involved in the operation of cine restaurant and cine cafe under the CHHOTU MAHARAJ brand name; movable theatre to showcase movies under the Filmy Carvan brand name; and operation of Cherishgold.com, an e-commerce portal/virtual jewelry mall that offers a collection of gold, diamond, and gemstone jewelry. In addition, it engages in the distribution and retail of branded jewelry, jewelry products, and life style products. The company was formerly known as K Sera Sera Limited and changed its name to KSS Limited in December 2012. KSS Limited was incorporated in 1995 and is headquartered in Mumbai, India.

How the Company Makes Money

KSS Ltd. Financial Statement Overview

Summary

Financial quality is very weak: revenue is contracting and volatile, operating profitability is persistently negative with deeply negative net margins, operating/free cash flow are consistently negative, and balance sheet risk is elevated due to extremely high leverage and a thin equity base. Recent positives (gross margin rebound and smaller cash outflow) have not yet translated into sustainable profitability or cash generation.

Income Statement

Revenue has been volatile and is contracting most recently (FY2025 down ~18% YoY, following a sharp decline in FY2024), pointing to weak demand/monetization consistency. Profitability is structurally poor: the company has posted operating losses in every year except FY2020, with FY2025 net margin deeply negative (about -144%) and negative EBITDA margins across the last several periods. A key positive is that gross margin rebounded in FY2025 (~42%) versus a very weak FY2024 (~7%), but improved gross profitability has not translated into operating or bottom-line improvement due to heavy costs and losses.

Balance Sheet

Leverage and capital structure are major red flags. Debt-to-equity has swung from moderate levels to extremely high in FY2025 (about 28.8x), driven by a sharp drop in equity (to ~15.3M) while debt remains very elevated (~440.6M). Returns on equity are consistently negative and deteriorated again in FY2025, signaling ongoing value erosion for shareholders. Total assets are sizable, but the balance sheet appears fragile given the thin equity cushion and high leverage.

Cash Flow

Cash generation remains weak: operating cash flow is negative in every year shown, including FY2025 (slightly negative) and especially FY2022–FY2023 (materially negative). Free cash flow is also consistently negative, indicating the business is not self-funding and may require continued external support. While the most recent year shows a much smaller cash outflow versus prior years, the overall multi-year pattern is persistent cash burn with limited evidence of sustained improvement.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	24.47M	20.01M	46.30M	73.77M	44.76M	29.07M
Gross Profit	1.57M	8.35M	3.04M	-3.04M	12.68M	6.83M
EBITDA	-9.11M	-8.02M	-29.45M	-9.43M	-346.83M	-63.40M
Net Income	-33.85M	-28.87M	-35.72M	-57.13M	-404.46M	-136.44M
Balance Sheet
Total Assets	0.00	839.82M	884.60M	996.97M	1.00B	1.11B
Cash, Cash Equivalents and Short-Term Investments	2.89M	2.75M	2.21M	872.00K	3.82M	3.38M
Total Debt	0.00	440.60M	84.14M	549.90M	410.14M	334.89M
Total Liabilities	-31.65M	824.51M	230.99M	917.09M	866.97M	838.61M
Stockholders Equity	31.65M	15.31M	653.61M	79.88M	137.02M	267.54M
Cash Flow
Free Cash Flow	0.00	-542.00K	-24.00K	-101.36M	-290.88M	-37.23M
Operating Cash Flow	0.00	-542.00K	-24.00K	-101.11M	-290.88M	-20.41M
Investing Cash Flow	0.00	0.00	0.00	-2.06M	132.74M	-49.31M
Financing Cash Flow	0.00	600.00K	1.70M	100.23M	158.59M	39.29M

KSS Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
KANANIIND	50 Neutral	₹310.65M	14.74	―	―	―	―
NORBTEAEXP	47 Neutral	₹1.36B	-138.08	―	―	-5.84%	50.29%
SVPGLOB	46 Neutral	₹389.62M	-0.04	―	―	-85.84%	-93.11%
KSERASERA	43 Neutral	₹405.82M	―	―	―	―	―
MOHITIND	41 Neutral	₹346.72M	-22.37	―	―	28.50%	9.14%