Keltech Energies Ltd
KELENRGBSE
₹12,840.00▼ -349.40 (-2.65%)
Whole company worth₹1,296 Cr
Price for ₹1 of profit₹45
1-year range₹2,900 – ₹14,800
The short version
A steadily growing, profitable business — priced at a steep premium to what it earns.
What Keltech Energies does
Incorporated in 1977, Keltech Energies Ltd manufactures explosives and perlite related products
Worked out from Keltech Energies's own filed results and exchange data, in plain words. Where a finance term matters, we say what it means.
01What does it do?
Keltech Energies is a small-sized company in explosives.
Incorporated in 1977, Keltech Energies Ltd manufactures explosives and perlite related products
- Whole company is worth
- ₹1,296 crore
- Run by
- Mahesh Wataney
- Shareholders
- 5,831 people
- Listed since
- 1979
A small company by stock-market value — these tend to move more sharply.
02Is it growing?
Sales have grown 19% a year for 5 years.
At that pace a business doubles in size roughly every 4 years. Profit grew even faster, at 70% a year — the business is keeping more of each rupee it brings in.
Point at a bar for exact figures · amounts in ₹ crore
03Does it make money?
Out of every ₹100 it sells, it keeps ₹5.4 as profit.
Here is where the money from Keltech Energies's sales went in FY26, the latest full year it has reported.
₹70
₹21
- ₹70Making or buying what it sellsraw materials, stock, goods bought for resale
- ₹21Running the businessstaff, rent, marketing, power and everything else
- ₹0.8Interest on its loansthe cost of borrowed money
- ₹1.4Wear and tearmachines, stores and buildings losing value over time
- ₹1.9Taxincome tax paid to the government
- ₹5.4Profit it keepswhat is left for the company's owners
On the money its owners have put in
It earns ₹19 a year on every ₹100 its owners have invested.
Bank FD ~₹6–7
₹19
₹0₹10₹20₹30₹40
That figure is called return on equity (ROE). Between ₹12 and ₹20 is a respectable return. For comparison, a bank fixed deposit pays roughly ₹6–7.
Does the profit turn into cash?
For every ₹100 of profit it reported, ₹112 actually came in as cash.
Profit it reported₹73 Cr
Cash its business brought in₹82 Cr
Over the last 3 years: ₹73 crore of profit and ₹82 crore of cash from its day-to-day business. Profit that shows up as cash is the most believable kind.
04Is the price high or low?
You pay ₹45 for every ₹1 of profit it makes in a year.
This is the P/E ratio: share price divided by a year's profit per share. A P/E of 45 means buyers are paying for about 45 years of today's profit up front.
The share price over the past year
It is 13% below its highest price of the past year and 343% above its lowest.
05Who owns it?
Its founders and parent group own 54 of every 100 shares — they control the company.
If the company were split into 100 equal shares, this is who would hold them. 5,831 people and institutions hold its shares.
As filed for the quarter ending 30 Sept 2026. Arrows show the change since the quarter before, in percentage points.
06What is going well, and what to watch
Two things going well, one thing worth watching.
Picked out of the numbers above by fixed rules — the same rules for every company — so nothing here is somebody's opinion.
Going well
- Sales have compounded at 19% a year.
- Earns ₹19 a year on every ₹100 of shareholders' money.
Worth watching
- Thinly traded — only about ₹98 lakh of shares change hands a day, so buying or selling can move the price.
07What happened lately?
Latest quarter: sales up 28%, profit down 2%.
Apr–Jun 2026 is the most recent quarter it has reported. Each figure is compared with the same three months a year earlier, because many businesses sell more in some seasons than others.
Sales
₹183 Cr
▲ 28.1% on a year earlier
Profit
₹8.1 Cr
▼ 1.6% on a year earlier
No notable developments in the last few weeks.
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This page describes Keltech Energies using its reported figures and exchange data. It is for information only and is not investment advice or a recommendation to buy, sell or hold. DocStoX is not a SEBI-registered investment adviser or research analyst.
Keltech Energies Ltd (KELENRG): company summary
The company's business has improved, with annual revenue rising 9.1% and net profit growing 14.9% year-on-year.
Keltech Energies Ltd (KELENRG) is a micro-cap Chemicals company valued at ₹1,296 crore operating in Explosives on the NSE and BSE.
- Recent price move
- Keltech Energies Ltd last traded at ₹12,840, down 2.65% on the day.
- Financial performance
- The company's business has improved, with annual revenue rising 9.1% and net profit growing 14.9% year-on-year. However, the latest quarter showed a slight decline in net profit compared to the same quarter a year earlier, while revenue rose 28.1%.
- Valuation multiples
- The stock trades at 44.8 times earnings, 7.87 times book value. It yields 0.0%.
- Things to watch
- The stock is 10.9% below its 52-week high, and the company's revenue growth has slowed in recent quarters, with a 3-year CAGR of -1.9%. The net profit margin, though up, is still modest at 5.4%.
- Where it stands
- Keltech Energies Ltd has seen strong annual profit growth, but recent quarterly results show a slight dip in net profit. The stock is trading below its 52-week high, and revenue growth has decelerated in the past three years.
Summarised by DocStoX's model on 2026-10-18 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.
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