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KPIL - Fundamental Analysis: Financial Health & Valuation

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Rating: 4.1

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 4.1

Stock Code KPIL Market Cap 18,105 Cr. Current Price 1,060 ₹ High / Low 1,336 ₹
Stock P/E 20.2 Book Value 442 ₹ Dividend Yield 0.85 % ROCE 15.0 %
ROE 10.3 % Face Value 2.00 ₹ DMA 50 1,138 ₹ DMA 200 1,163 ₹
Chg in FII Hold -0.24 % Chg in DII Hold -0.20 % PAT Qtr 233 Cr. PAT Prev Qtr 200 Cr.
RSI 40.7 MACD -15.6 Volume 5,50,864 Avg Vol 1Wk 3,60,388
Low price 770 ₹ High price 1,336 ₹ PEG Ratio 0.64 Debt to equity 0.50
52w Index 51.3 % Qtr Profit Var 48.1 % EPS 50.0 ₹ Industry PE 15.2

📊 Core Financials

  • Revenue & Profitability: PAT rose sequentially (₹200 Cr → ₹233 Cr), showing strong growth. EPS at ₹50 reflects solid earnings capacity.
  • Margins: ROCE at 15% and ROE at 10.3% highlight moderate efficiency and profitability.
  • Debt: Debt-to-equity ratio of 0.50 indicates moderate leverage compared to peers.
  • Cash Flow: Strong operating performance supports cash generation, though debt levels need monitoring.

💹 Valuation Indicators

  • P/E: 20.2, slightly above industry average (15.2), suggesting fair-to-premium valuation.
  • P/B: 2.40 (₹1,060 / ₹442), reflecting reasonable pricing relative to book value.
  • PEG Ratio: 0.64, attractive as growth is undervalued compared to earnings.
  • Intrinsic Value: Current price ₹1,060 is near fair value; better entry closer to ₹950–1,000.

🏢 Business Model & Competitive Advantage

  • Strong presence in infrastructure and power projects with diversified revenue streams.
  • Consistent demand from government and private contracts supports growth.
  • Moderate debt levels provide leverage but require careful monitoring.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: ₹950–1,000 range offers attractive entry.
  • Long-Term Holding: Suitable for investors seeking exposure to infrastructure growth, though moderate debt and valuation premium warrant caution.


✅ Positive

  • Strong sequential PAT growth (+48.1%).
  • PEG ratio (0.64) suggests undervaluation relative to growth.
  • Dividend yield of 0.85% adds to shareholder returns.

⚠️ Limitation

  • ROE (10.3%) and ROCE (15%) are moderate compared to industry leaders.
  • Debt-to-equity ratio of 0.50 indicates moderate leverage.
  • Stock trading below DMA 50 (₹1,138) and DMA 200 (₹1,163), showing weak momentum.

📉 Company Negative News

  • FII holdings decreased by 0.24%, showing reduced foreign investor confidence.
  • DII holdings decreased by 0.20%, reflecting lower domestic institutional support.
  • Technical indicators (RSI 40.7, MACD -15.6) suggest bearish momentum.

📈 Company Positive News

  • Sequential PAT growth from ₹200 Cr to ₹233 Cr.
  • EPS of ₹50 reflects strong earnings capacity.
  • Dividend yield of 0.85% supports investor returns.

🏭 Industry

  • Industry P/E at 15.2, lower than company’s P/E (20.2), indicating slight premium valuation.
  • Infrastructure and power sector demand remains strong, supported by government spending and private investment.

🔎 Conclusion

  • KPIL demonstrates solid fundamentals with strong earnings growth and reasonable valuation.
  • Moderate debt levels and average return ratios require monitoring.
  • Entry zone between ₹950–1,000 is favorable for long-term investors.
  • Overall, a fundamentally stable company with growth prospects, though short-term momentum weakness and moderate debt warrant caution.

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