Kalyani Commercials Limited

Kalyani Commercials Limited (KALYANI) is a micro-cap Automobiles company valued at ₹15 crore operating in Dealers on the NSE and BSE.

Recent price move

Kalyani Commercials Limited last traded at ₹144.99, unchanged on the day.

Recent developments

2026-09-07: The DocStoX score dropped to 3.4, leading to a verdict of avoid, reflecting concerns about the balance sheet. 2026-06-30: The latest quarter reported zero net profit, signaling a significant decline in profitability compared to the prior-year quarter.

Financial performance

The company's business is growing, with annual revenue rising 51.7% and net profit increasing 50.0% year-on-year. However, the latest quarter shows a sharp drop in revenue and net profit, with revenue falling 10.6% and net profit dropping 34.9% compared to the same quarter a year earlier. Margins remain flat at 0.5%, and returns are stable at 12.6% return on equity and 12.0% return on capital employed.

Valuation multiples

The stock trades at 6.0 times earnings, 0.65 times book value.

Things to watch

The company is highly leveraged with a debt-to-equity ratio of 4.18, which increases financial risk. It also has a low interest coverage ratio, indicating difficulty in meeting debt obligations. Additionally, the company has not paid dividends despite reporting profits, which may signal financial strain.

Where it stands

The DocStoX verdict of avoid follows from the company's weak balance-sheet safety score and high leverage, which pose significant financial risks. The most critical factor is the low interest coverage ratio, which suggests the company may struggle to service its debt.

Summarised by DocStoX's model on 2026-09-08 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.