Share price
₹336.75 latest close · −13.1% over the last 90 sessions
₹336.75 month-end · −5.2% over 12 months
₹336.75 month-end · +10.3% over 3 years
₹336.75 month-end · +132.0% since Jan '19
52-week range ₹290.65 to ₹442.00 · 1-year volatility 44.7%
Was the rally earned?
Partly.
- Most of the rise came from investors paying a higher multiple (P/E 46.2x to 518.1x); per-share earnings took off 248 points.
- The share count barely moved.
What do "pts" mean?
"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.
Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.
Not shown for 1 year and 3 years: earnings were negative at one end, or there is not enough history.
Net profit is trailing twelve months as reported with a 60-day lag.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-71.5% (2019-01 peak to 2020-03 low, recovered 2021-03)
-60.2% (2024-02 peak to 2025-04 low, recovered 2025-10)
-52.7% (2025-10 peak to 2026-03 low, not yet recovered)
Most recent volume spikes
2026-08-03: 27.6x the 50-day median, price +8.0% that day
2026-07-31: 13.5x the 50-day median, price +2.6% that day
Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).
Is it expensive against its own past and its peers?
Usual range 37.1x to 395.6x since 2019-01.
2278% above the Non-Energy Minerals median.
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How to read this
Shaded band: 10th to 90th percentile of the company's own P/E history; dotted line: its median; orange line: sector median (companies with a positive multiple, at least 5 in the sector).
Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.
Where does it rank among Non-Energy Minerals peers?
Each cell is the company's percentile rank among its Non-Energy Minerals peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).
Where it ranks today
- ROCE13th▲ 8 pts vs a year ago
- Op. margin3rdflat vs a year ago
- Revenue growth84th▲ 83 pts vs a year ago
- EPS growth9th▼ 25 pts vs a year ago
- Debt/equity ↓75th▼ 3 pts vs a year ago
- Cash cycle ↓100th▲ 6 pts vs a year ago
- P/E ↓2nd
- 12M momentum57thflat vs a year ago
Rank history
Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.
The Non-Energy Minerals sector page Watch it move against Non-Energy Minerals in the Observatory
What is the price implying?
At a P/E of 518.1x, the price would imply about 59.6%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.
Fewer than six years of annual earnings are available, which is too little to measure delivered growth.
“Implied growth” is what the current price would require under our stated assumptions, not what we expect.
What prices imply across Non-Energy Minerals The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹336.75
- P/E
- 518.1x
- ROCE
- 1.0%
- Market Cap
- ₹20478 cr
- Revenue (TTM)
- ₹681 cr
- P/S
- 30.1x
- P/B
- 11.8x
- ROE
- 2.3%
- Operating Margin
- -17.0%
- Debt / Equity
- 0.1x
- Promoter Holding
- 99.0%
- 12M Momentum
- -5.2%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance288%Beyond threshold
Other income as a share of pre-tax profit (trailing twelve months): 288.2%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate-1%Beyond threshold
Median quarterly effective tax rate over about 2.5 years: -0.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion—Not enough data
Not enough reported data to compute this.
Free cash flow3 of 5 yrsNear threshold
Fiscal years with positive free cash flow in the last 5: 3. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history+7 daysWithin range
Debtor days are above the median of the previous three fiscal years by 7 days (21 vs 14). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress18% of fixed assetsWithin range
Capital work-in-progress is 18% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.
Payable days+2509 days / 2 yrsNear threshold
Days payable changed by +2509 over two years. Bands: rise of up to 30 days; more than 30 days.
Tap a check to see how it is measured
How to read this
Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.
Who has been buying and selling?
- Over 3 years, institutional and promoter holdings were broadly unchanged.
- The number of shareholders rose from 18,859 to 39,787 (+111%) between Jun 2023 and Mar 2026.
Holdings, Mar '26
How each group changed
Number of shareholders
Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.
What happened next to similar setups
- We found 50 past situations where a non-financial company looked like KIOCL LIMITED today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
- Over the following 12 months the middle half of them returned −22% to +10% vs the market, against −5% for all non-financial companies in the same months.
- The gap against the base rate (−5.1%, 80% range −13.1% to +1.6%) is within what chance and overlapping periods produce.
Where the 50 outcomes landed
Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 2 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 34 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| POLICYBZR Technology Services |
Jul 2024 | 982x | 2% | +99% | −4% | +32% |
| RATEGAIN Technology Services |
May 2023 | 484x | 3% | +30% | −9% | +29% |
| ZENTEC Technology Services |
Oct 2022 | 811x | 2% | −3% | −18% | +223% |
| INOXGREEN Utilities |
Jul 2025 | 290x | 3% | −7% | −25% | −2% |
| MAHLIFE Finance |
Jul 2023 | 100x | 2% | +29% | −4% | −21% |
Show the other 3 matches
How reliable is this?
Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: drawdown from 12-month high, 12-month momentum and interest cover. One match per company and at most 7 from any one month.
Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.
What else looks like this?
Companies with the most similar financial profile today, regardless of industry.
Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.
What changed?
30 events since Jan '23
- SepPeer rankSlipped to the bottom quartile of Non-Energy Minerals on operating margin (from the 2nd quartile).
- AugPriceVolume reached 27.6x its 50-day median on 2026-08-03; price +8.0% that day.
- JunResultsEPS (TTM) turned positive.
- JunValuationP/E crossed above the 90th percentile of its own history to date (1390.5x).
- JunPeer rankMoved into the 2nd quartile of Non-Energy Minerals on operating margin (from the bottom quartile).
- AprPriceVolume reached 21.3x its 50-day median on 2026-04-16; price +7.8% that day.
- MarPriceFell 53% from the Oct 2025 peak to the Mar 2026 low.
- MarPriceVolume reached 78.2x its 50-day median on 2026-03-20; price +14.4% that day.
Show 22 earlier events
- DecPriceVolume reached 22.6x its 50-day median on 2025-12-30; price +5.3% that day.
- OctPriceRegained the 2024-02 peak, 6 months after the low.
- AugPriceVolume reached 244.0x its 50-day median on 2025-08-01; price +13.9% that day.
- AprPriceFell 60% from the Feb 2024 peak to the Apr 2025 low.
- AprPriceVolume reached 46.1x its 50-day median on 2025-04-24; price +12.6% that day.
- JanPriceVolume reached 54.2x its 50-day median on 2025-01-06; price +7.9% that day.
- DecPriceVolume reached 52.0x its 50-day median on 2024-12-31; price +16.6% that day.
- JulPriceVolume reached 5.3x its 50-day median on 2024-07-08; price +3.5% that day.
- JunPriceVolume reached 12.4x its 50-day median on 2024-06-13; price +11.3% that day.
- FebPriceRegained the 2023-10 peak, 3 months after the low.
- FebPriceVolume reached 21.0x its 50-day median on 2024-02-07; price +14.3% that day.
- NovPriceFell 36% from the Oct 2023 peak to the Nov 2023 low.
- OctPriceVolume reached 12.6x its 50-day median on 2023-10-18; price -8.5% that day.
- SepPriceRegained the 2021-10 peak, 6 months after the low.
- AugPriceVolume reached 100.7x its 50-day median on 2023-08-01; price +15.1% that day.
- JunResultsEPS (TTM) turned negative.
- JunPeer rankSlipped to the bottom quartile of Non-Energy Minerals on ROCE (from the 2nd quartile).
- JunDividendDividend payout cut from 34% to 0% of profit.
- AprPriceVolume reached 45.0x its 50-day median on 2023-04-17; price +14.3% that day.
- MarPriceFell 45% from the Oct 2021 peak to the Mar 2023 low.
- FebValuationP/E fell below the 10th percentile of its own history to date (36.3x).
- JanPriceVolume reached 7.8x its 50-day median on 2023-01-03; price +1.6% that day.
Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.
Where price and fundamentals disagree, market-wide Rewind the whole market to any month
Monthly history95 months · 2019-01 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 518.1x | ₹681 cr | 2.3% | 1.0% | 0.1x |
| 2026-10 | 498.8x | ₹681 cr | 2.2% | 1.0% | 0.1x |
| 2026-09 | 511.2x | ₹681 cr | 2.2% | 1.0% | 0.1x |
| 2026-08 | 1361.4x | ₹614 cr | 0.9% | 1.0% | 0.1x |
| 2026-07 | 1305.5x | ₹614 cr | 0.9% | 1.0% | 0.1x |
| 2026-06 | 1390.5x | ₹614 cr | 0.9% | 1.0% | 0.1x |
| 2026-05 | — | ₹640 cr | -4.3% | -9.0% | 0.1x |
| 2026-04 | — | ₹640 cr | -4.3% | -9.0% | 0.1x |
| 2026-03 | — | ₹640 cr | -4.3% | -9.0% | 0.1x |
| 2026-02 | — | ₹661 cr | -8.2% | -9.0% | 0.1x |
| 2026-01 | — | ₹661 cr | -8.2% | -9.0% | 0.1x |
| 2025-12 | — | ₹661 cr | -8.2% | -9.0% | 0.1x |
| 2025-11 | — | ₹534 cr | -11.2% | -9.0% | 0.1x |
| 2025-10 | — | ₹534 cr | -11.2% | -9.0% | 0.1x |
| 2025-09 | — | ₹534 cr | -11.2% | -9.0% | 0.1x |
| 2025-08 | — | ₹590 cr | -12.0% | -9.0% | 0.1x |
| 2025-07 | — | ₹590 cr | -12.0% | -9.0% | 0.1x |
| 2025-06 | — | ₹590 cr | -12.0% | -9.0% | 0.1x |
| 2025-05 | — | ₹716 cr | -11.0% | -2.0% | 0.1x |
| 2025-04 | — | ₹716 cr | -11.0% | -2.0% | 0.1x |
| 2025-03 | — | ₹716 cr | -11.0% | -2.0% | 0.1x |
| 2025-02 | — | ₹1084 cr | -6.5% | -2.0% | 0.1x |
| 2025-01 | — | ₹1084 cr | -6.5% | -2.0% | 0.1x |
| 2024-12 | — | ₹1084 cr | -6.5% | -2.0% | 0.1x |
| 2024-11 | — | ₹1499 cr | -4.0% | -2.0% | 0.1x |
| 2024-10 | — | ₹1499 cr | -4.0% | -2.0% | 0.1x |
| 2024-09 | — | ₹1499 cr | -4.0% | -2.0% | 0.1x |
| 2024-08 | — | ₹1853 cr | -4.3% | -2.0% | 0.1x |
| 2024-07 | — | ₹1853 cr | -4.3% | -2.0% | 0.1x |
| 2024-06 | — | ₹1853 cr | -4.3% | -2.0% | 0.1x |
| 2024-05 | — | ₹1543 cr | -4.9% | -5.0% | 0.3x |
| 2024-04 | — | ₹1543 cr | -4.9% | -5.0% | 0.3x |
| 2024-03 | — | ₹1543 cr | -4.9% | -5.0% | 0.3x |
| 2024-02 | — | ₹1543 cr | -4.9% | -5.0% | 0.3x |
| 2024-01 | — | ₹1543 cr | -4.9% | -5.0% | 0.3x |
| 2023-12 | — | ₹1543 cr | -4.9% | -5.0% | 0.3x |
| 2023-11 | — | ₹1543 cr | -4.9% | -5.0% | 0.3x |
| 2023-10 | — | ₹1543 cr | -4.9% | -5.0% | 0.3x |
| 2023-09 | — | ₹1543 cr | -4.9% | -5.0% | 0.3x |
| 2023-08 | — | ₹1543 cr | -4.9% | -5.0% | 0.3x |
| 2023-07 | — | ₹1543 cr | -4.9% | -5.0% | 0.3x |
| 2023-06 | — | ₹1543 cr | -4.9% | -5.0% | 0.3x |
| 2023-05 | 37.2x | ₹3006 cr | 14.6% | 19.0% | 0.1x |
| 2023-04 | 37.8x | ₹3006 cr | 14.6% | 19.0% | 0.1x |
| 2023-03 | 32.7x | ₹3006 cr | 14.6% | 19.0% | 0.1x |
| 2023-02 | 36.3x | ₹3006 cr | 14.6% | 19.0% | 0.1x |
| 2023-01 | 40.9x | ₹3006 cr | 14.6% | 19.0% | 0.1x |
| 2022-12 | 44.2x | ₹3006 cr | 14.6% | 19.0% | 0.1x |
| 2022-11 | 42.6x | ₹3006 cr | 14.6% | 19.0% | 0.1x |
| 2022-10 | 34.3x | ₹3006 cr | 14.6% | 19.0% | 0.1x |
| 2022-09 | 36.6x | ₹3006 cr | 14.6% | 19.0% | 0.1x |
| 2022-08 | 40.2x | ₹3006 cr | 14.6% | 19.0% | 0.1x |
| 2022-07 | 38.9x | ₹3006 cr | 14.6% | 19.0% | 0.1x |
| 2022-06 | 36.5x | ₹3006 cr | 14.6% | 19.0% | 0.1x |
| 2022-05 | 39.9x | ₹2376 cr | 15.2% | 21.0% | 0.1x |
| 2022-04 | 45.0x | ₹2376 cr | 15.2% | 21.0% | 0.1x |
| 2022-03 | 42.1x | ₹2376 cr | 15.2% | 21.0% | 0.1x |
| 2022-02 | 44.0x | ₹2376 cr | 15.2% | 21.0% | 0.1x |
| 2022-01 | 49.9x | ₹2376 cr | 15.2% | 21.0% | 0.1x |
| 2021-12 | 52.0x | ₹2376 cr | 15.2% | 21.0% | 0.1x |
| 2021-11 | 46.2x | ₹2376 cr | 15.2% | 21.0% | 0.1x |
| 2021-10 | 52.8x | ₹2376 cr | 15.2% | 21.0% | 0.1x |
| 2021-09 | 49.2x | ₹2376 cr | 15.2% | 21.0% | 0.1x |
| 2021-08 | 50.4x | ₹2376 cr | 15.2% | 21.0% | 0.1x |
| 2021-07 | 60.0x | ₹2376 cr | 15.2% | 21.0% | 0.1x |
| 2021-06 | 56.4x | ₹2376 cr | 15.2% | 21.0% | 0.1x |
| 2021-05 | 369.8x | ₹1938 cr | 2.2% | 3.0% | 0.1x |
| 2021-04 | 234.1x | ₹1938 cr | 2.2% | 3.0% | 0.1x |
| 2021-03 | 204.9x | ₹1938 cr | 2.2% | 3.0% | 0.1x |
| 2021-02 | 216.8x | ₹1938 cr | 2.2% | 3.0% | 0.1x |
| 2021-01 | 182.1x | ₹1938 cr | 2.2% | 3.0% | 0.1x |
| 2020-12 | 197.9x | ₹1938 cr | 2.2% | 3.0% | 0.1x |
| 2020-11 | 165.3x | ₹1938 cr | 2.2% | 3.0% | 0.1x |
| 2020-10 | 160.1x | ₹1938 cr | 2.2% | 3.0% | 0.1x |
| 2020-09 | 177.8x | ₹1938 cr | 2.2% | 3.0% | 0.1x |
| 2020-08 | 191.9x | ₹1938 cr | 2.2% | 3.0% | 0.1x |
| 2020-07 | 180.9x | ₹1938 cr | 2.2% | 3.0% | 0.1x |
| 2020-06 | 152.2x | ₹1938 cr | 2.2% | 3.0% | 0.1x |
| 2020-05 | 39.1x | ₹1888 cr | 5.6% | 9.0% | 0.0x |
| 2020-04 | 43.8x | ₹1888 cr | 5.6% | 9.0% | 0.0x |
| 2020-03 | 32.9x | ₹1888 cr | 5.6% | 9.0% | 0.0x |
| 2020-02 | 52.4x | ₹1888 cr | 5.6% | 9.0% | 0.0x |
| 2020-01 | 64.9x | ₹1888 cr | 5.6% | 9.0% | 0.0x |
| 2019-12 | 63.2x | ₹1888 cr | 5.6% | 9.0% | 0.0x |
| 2019-11 | 65.0x | ₹1888 cr | 5.6% | 9.0% | 0.0x |
| 2019-10 | 66.7x | ₹1888 cr | 5.6% | 9.0% | 0.0x |
| 2019-09 | 67.9x | ₹1888 cr | 5.6% | 9.0% | 0.0x |
| 2019-08 | 68.2x | ₹1888 cr | 5.6% | 9.0% | 0.0x |
| 2019-07 | 62.8x | ₹1888 cr | 5.6% | 9.0% | 0.0x |
| 2019-06 | 72.5x | ₹1888 cr | 5.6% | 9.0% | 0.0x |
| 2019-05 | 108.4x | ₹1602 cr | 3.8% | 3.0% | 0.0x |
| 2019-04 | 101.3x | ₹1602 cr | 3.8% | 3.0% | 0.0x |
| 2019-03 | 111.0x | ₹1602 cr | 3.8% | 3.0% | 0.0x |
| 2019-02 | 99.4x | ₹1602 cr | 3.8% | 3.0% | 0.0x |
| 2019-01 | 113.4x | ₹1602 cr | 3.8% | 3.0% | 0.0x |