Keltech Energies Ltd. · CashKonnect

About

Keltech Energies Limited manufactures and sells cartridge explosives, bulk emulsion explosives, mono methyl amine nitrate (MMAN) solutions, expanded perlite products, perlite filter aids, and accessories for explosives in India and internationally. It operates in two segments: Explosives and Perlite. The company provides bulk emulsion explosives that are used for blasting hard rock formations in open cast workings for iron ore and coal mines; surface blasting in various types of strata conditions; and blasting in U/G tunnelling operations in metal mines and infrastructure projects. It also offers packaged emulsion explosives and packaged water gel explosives; MMAN, a chemical sensitizer to manufacture water gel slurry explosives; cast boosters, which are used for the initiation of a detonating fuse and a detonator; detonating fuses for fail proof and reliable propagation of detonation wave; and penta erythritol tetra nitrate, a component used in the manufacture of cast boosters, detonating fuses, and detonators. In addition, the company provides cryogenic insulations; live perlite toppings; perlite concrete blocks; and industrial, perlite, and diatomite filter aids. Further, it offers horticulture products and other perlite products. Additionally, the company provides technical services to the mining and quarrying, construction, oil and gas, and dredging sectors. Keltech Energies Limited was formerly known as Karnataka Explosive Ltd. The company was incorporated in 1977 and is based in Bengaluru, India.

Key Metrics

as of Sep 2026

Market Cap1,254 Cr

P/E47.90

Div Yield0.01 %

Book Value₹1,530.00

52w High₹14,800.00

52w Low₹2,900.00

Face Value₹10.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	183.28	143.13	128.17	117.29	143.46	139.93	117.43	102.75	128.30	122.16	95.62	96.73	135.89
Expenses	169.48	132.48	118.73	109.04	130.90	129.92	107.77	95.07	118.69	112.54	88.20	88.80	127.44
Operating Profit	13.80	10.65	9.44	8.25	12.56	10.01	9.66	7.68	9.61	9.62	7.42	7.93	8.45
OPM %	7.53	7.44	7.37	7.03	8.76	7.15	8.23	7.47	7.49	7.87	7.76	8.20	6.22
Other Income	1.36	4.30	1.43	2.88	1.17	1.88	0.91	2.16	2.36	1.49	1.06	0.53	0.78
Depreciation	2.34	2.13	1.88	1.82	1.81	1.71	1.76	1.78	1.74	1.67	1.77	1.69	1.63
Interest	1.58	1.40	0.98	0.89	0.92	1.02	1.08	1.05	1.16	1.03	1.08	1.39	0.98
Profit before tax	11.24	11.42	8.01	8.42	11.00	9.16	7.73	7.01	9.07	8.41	5.63	5.38	6.62
Tax %	28.11	26.09	27.34	26.37	25.27	24.89	25.61	20.83	25.58	26.28	22.20	26.77	26.13
Net Profit	8.08	8.44	5.81	6.20	8.21	6.88	5.75	5.56	6.75	6.21	4.38	3.94	4.88
EPS in Rs	80.80	84.40	58.10	62.00	82.10	68.80	57.50	55.60	67.50	62.10	43.80	39.40	48.80

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	532.00	489.00	449.00	563.00	355.00	220.00	216.00	226.00	202.00	201.00	179.00	192.00
Expenses	491.00	451.00	417.00	537.00	340.00	207.00	200.00	211.00	183.00	185.00	166.00	180.00
Operating Profit	41.00	38.00	32.00	26.00	15.00	13.00	16.00	15.00	19.00	16.00	13.00	12.00
OPM %	8.00	8.00	7.00	4.60	4.20	6.00	7.00	7.00	10.00	8.00	7.00	6.00
Other Income	10.00	6.00	5.00	2.00	2.00	-3.00	-1.00	1.00	0.00	0.00	1.00	0.00
Interest	4.00	4.00	4.00	5.00	3.00	2.00	2.00	3.00	3.00	3.00	3.00	3.00
Depreciation	8.00	7.00	7.00	6.00	6.00	5.00	6.00	5.00	5.00	4.00	4.00	4.00
Profit before tax	39.00	33.00	26.00	17.00	8.00	3.00	6.00	8.00	11.00	9.00	8.00	5.00
Tax %	26.00	24.00	25.00	29.00	22.00	39.00	24.00	28.00	33.00	35.00	36.00	35.00
Net Profit	29.00	25.00	19.00	12.00	7.00	2.00	5.00	6.00	8.00	6.00	5.00	3.00
EPS in Rs	286.60	249.40	194.10	119.20	66.30	18.80	47.40	60.30	75.50	58.40	50.70	34.20
Dividend Payout %	1.00	1.00	1.00	1.00	2.00	8.00	3.00	4.00	3.00	4.00	5.00	7.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Reserves	152.00	124.00	99.00	80.00	69.00	63.00	61.00	57.00	52.00	44.00	39.00	35.00
Borrowings	73.00	39.00	25.00	32.00	31.00	24.00	23.00	23.00	20.00	24.00	21.00	18.00
Other Liabilities	129.00	124.00	98.00	92.00	77.00	54.00	47.00	50.00	39.00	44.00	36.00	44.00
Total Liabilities	355.00	287.00	223.00	205.00	177.00	141.00	132.00	131.00	111.00	113.00	98.00	98.00
Fixed Assets	117.00	68.00	71.00	69.00	70.00	54.00	54.00	56.00	56.00	56.00	43.00	45.00
CWIP	38.00	9.00	1.00	1.00	1.00	6.00	3.00	1.00	1.00	1.00	6.00	0.00
Investments	13.00	22.00	20.00	10.00	7.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	186.00	188.00	130.00	125.00	100.00	82.00	75.00	74.00	54.00	57.00	49.00	52.00
Total Assets	355.00	287.00	223.00	205.00	177.00	141.00	132.00	131.00	111.00	113.00	98.00	98.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	48.00	-18.00	51.00	18.00	21.00	8.00	5.00	2.00	11.00	13.00	6.00	7.00
Cash from Investing Activity	-75.00	-10.00	-17.00	-8.00	-23.00	-7.00	-3.00	-5.00	-4.00	-12.00	-7.00	-2.00
Cash from Financing Activity	30.00	10.00	-11.00	-4.00	2.00	-3.00	-2.00	4.00	-8.00	-1.00	1.00	-5.00
Net Cash Flow	3.00	-18.00	23.00	6.00	-1.00	-2.00	0.00	1.00	-1.00	0.00	0.00	0.00
Free Cash Flow	-37.00	-30.00	27.00	13.00	4.00	0.00	2.00	-3.00	6.00	1.00	-1.00	5.00
CFO/OP %	139.00	-30.00	185.00	88.00	146.00	68.00	57.00	36.00	75.00	92.00	66.00	79.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	42.00	42.00	39.00	40.00	48.00	66.00	64.00	63.00	51.00	59.00	45.00	53.00
Inventory Days	52.00	49.00	42.00	33.00	52.00	55.00	56.00	49.00	48.00	43.00	35.00	35.00
Days Payable	81.00	105.00	78.00	48.00	79.00	107.00	97.00	90.00	70.00	86.00	66.00	79.00
Cash Conversion Cycle	14.00	-14.00	3.00	25.00	21.00	14.00	23.00	21.00	29.00	16.00	14.00	9.00
Working Capital Days	-11.00	-11.00	-14.00	4.00	-1.00	4.00	3.00	-2.00	4.00	-3.00	-10.00	-8.00
ROCE %	20.00	26.00	26.00	21.00	12.00	10.00	13.00	14.00	20.00	19.00	18.00	15.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	54.33	54.33	54.33	54.33	54.33	54.33	54.33	54.33	54.33	54.33	54.33	54.33
DIIs	0.16	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14
Public	45.51	45.52	45.54	45.53	45.53	45.54	45.53	45.53	45.52	45.53	45.53	45.53
No. of Shareholders	6,244	6,724	6,681	6,676	6,784	5,887	5,862	4,332	5,524	4,960	4,707	4,332

Corporate Actions

18 records

Action	Ex Date	Record Date	Ratio	Amount (₹)
Dividend	31 Jul 2026	31 Jul 2026	—	1.50
Dividend	04 Aug 2025	04 Aug 2025	—	1.50
Dividend	02 Aug 2024	02 Aug 2024	—	1.50
Dividend	03 Aug 2023	03 Aug 2023	—	1.50
Dividend	15 Sep 2022	—	—	1.50
Dividend	16 Sep 2021	—	—	1.50
Dividend	04 Aug 2020	—	—	1.50
Dividend	15 Jul 2019	—	—	2.50
Dividend	18 Jul 2018	—	—	2.50
Dividend	13 Jul 2017	—	—	2.50
Dividend	16 Jul 2015	—	—	2.50
Dividend	17 Jul 2014	—	—	2.50
Dividend	27 Jun 2013	—	—	2.50
Dividend	12 Jul 2012	—	—	2.50
Dividend	14 Jul 2011	—	—	2.50
Dividend	09 Jul 2009	—	—	2.50
Dividend	07 Jul 2003	—	—	2.00
Dividend	24 Jun 2002	—	—	1.20