Kuwer Industries Ltd. · CashKonnect

About

Kuwer Industries Limited engages in metalizing and embossing polyester and BOPP films business in India. The company offers holographic films, sequin films, metallized paper, holographic paper, window metallized films, and flexible packaging laminates- including printed laminated films, printed laminated papers, such as holographic printed pouches; security holograms, holographic films, flexible packaging material, coated lacquered films; decorative metallized paper; and flexible packaging products, and related activities. Its products have applications in various industries, such as pharmaceuticals, alcohol and beverages, lubricants, food supplements, clothing, cosmetics, financial documents, automobiles, education, tobacco, and entertainment. Kuwer Industries Limited was incorporated in 1993 and is based in Noida, India.

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	19.55	29.74	13.55	15.58	14.07	13.60	15.04	15.47	13.76	13.22	14.10	15.59	16.00
Expenses	19.31	35.14	12.65	12.90	14.64	12.60	13.37	13.54	13.59	8.96	13.24	15.55	16.17
Operating Profit	0.24	-5.40	0.90	2.68	-0.57	1.00	1.67	1.93	0.17	4.26	0.86	0.04	-0.17
OPM %	1.23	-18.16	6.64	17.20	-4.05	7.35	11.10	12.48	1.24	32.22	6.10	0.26	-1.06
Other Income	0.90	8.50	0.17	0.19	0.10	0.10	0.04	-0.04	0.09	-1.00	1.05	0.00	0.00
Depreciation	0.43	0.40	0.50	0.50	0.50	0.50	0.51	0.49	0.48	0.52	0.51	0.55	0.46
Interest	0.50	0.72	0.50	0.56	0.69	0.77	0.62	0.62	0.62	0.66	0.67	0.77	0.47
Profit before tax	0.21	1.98	0.07	1.81	-1.66	-0.17	0.58	0.78	-0.84	2.08	0.73	-1.28	-1.10
Tax %	23.81	19.70	-14.29	6.63	-3.01	-52.94	10.34	-5.13	-4.76	-1.44	-4.11	-2.34	-1.82
Net Profit	0.15	1.60	0.09	1.69	-1.61	-0.08	0.52	0.82	-0.81	2.11	0.75	-1.25	-1.08
EPS in Rs	0.17	1.76	0.10	1.86	-1.77	-0.09	0.57	0.90	-0.89	2.32	0.83	-1.38	-1.19

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	72.95	57.87	58.91	66.95	63.51	56.75	60.29	47.51	44.52	29.99	28.53	23.45
Expenses	75.34	52.96	53.91	62.66	58.98	52.61	56.58	45.48	43.09	28.30	28.90	23.62
Operating Profit	-2.39	4.91	5.00	4.29	4.53	4.14	3.71	2.03	1.43	1.69	-0.37	-0.17
OPM %	-3.28	8.48	8.49	6.41	7.13	7.30	6.15	4.27	3.21	5.64	-1.30	-0.72
Other Income	8.97	0.09	0.06	0.21	0.10	0.04	0.07	0.29	0.27	0.08	2.05	1.94
Interest	2.47	2.67	2.60	2.19	2.36	1.98	1.62	0.89	0.53	0.52	0.51	0.72
Depreciation	1.91	1.99	2.04	2.16	2.11	1.94	1.76	1.31	0.86	1.04	0.93	0.87
Profit before tax	2.20	0.34	0.42	0.15	0.16	0.26	0.40	0.12	0.31	0.21	0.24	0.18
Tax %	9.09	-35.29	73.81	-60.00	-18.75	-50.00	50.00	600.00	38.71	52.38	37.50	33.33
Net Profit	2.00	0.46	0.11	0.24	0.19	0.39	0.20	-0.60	0.19	0.10	0.15	0.11
EPS in Rs	2.20	0.51	0.12	0.26	0.21	0.43	0.22	-0.66	0.21	0.11	0.17	0.12
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

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	9.08	9.08	9.08	9.08	9.08	9.08	9.08	9.08	9.08	9.08	9.08	9.08
Reserves	10.77	8.73	8.28	8.23	7.96	7.72	7.81	7.61	8.21	8.02	7.91	7.77
Borrowings	35.76	32.24	28.37	26.17	29.14	24.16	22.87	20.24	5.27	3.71	3.94	2.81
Other Liabilities	16.37	20.01	22.42	22.67	18.66	14.39	13.23	10.11	8.35	4.34	4.27	3.96
Total Liabilities	71.98	70.06	68.15	66.15	64.84	55.35	52.99	47.04	30.91	25.15	25.20	23.62
Fixed Assets	10.30	12.63	14.06	15.38	17.24	17.78	17.16	16.46	5.82	6.01	6.56	5.97
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.43	0.38	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	61.68	57.43	54.09	50.77	47.60	37.57	35.83	29.15	24.71	19.14	18.64	17.65
Total Assets	71.98	70.06	68.15	66.15	64.84	55.35	52.99	47.04	30.91	25.15	25.20	23.62

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
Cash from Operating Activity	-12.18	-3.81	-1.02	3.17	-4.77	3.70	-1.09	-1.45	-0.26	0.68	1.38
Cash from Investing Activity	8.71	-0.55	-0.69	-0.27	-1.55	-2.54	-0.99	-13.03	-1.05	-0.49	-1.51
Cash from Financing Activity	3.52	3.87	2.21	-2.98	6.49	-1.34	2.05	14.39	1.43	-0.19	-0.01
Net Cash Flow	0.05	-0.48	0.50	-0.08	0.18	-0.18	-0.04	-0.09	0.12	0.00	-0.14
Free Cash Flow	-3.50	-4.45	-1.72	2.90	-6.32	1.16	-2.08	-14.48	-1.31	0.19	1.40
CFO/OP %	508.00	-78.00	-20.00	74.00	-104.00	92.00	-29.00	-71.00	-6.00	51.00	-405.00

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	217.60	229.02	189.16	139.84	152.07	132.24	123.38	107.10	101.33	99.68	103.37	91.52
Inventory Days	83.95	138.51	143.21	111.71	130.57	131.54	88.98	100.25	103.72	153.14	126.32	140.95
Days Payable	71.52	65.48	141.06	111.77	98.56	104.75	90.23	74.67	73.76	38.54	40.42	33.87
Cash Conversion Cycle	230.03	302.05	191.31	139.78	184.08	159.02	122.12	132.67	131.30	214.28	189.27	198.60
Working Capital Days	117.58	112.58	106.51	80.09	81.32	65.54	63.57	77.13	84.04	122.32	134.84	168.72
ROCE %	8.84	6.45	6.70	5.24	5.78	5.57	5.27	3.40	3.87	3.50	3.65	3.92

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	41.31	41.31	41.31	41.31	41.31	41.31	41.31	41.31	41.31	41.31	41.31	41.31
DIIs	0.77	0.77	0.77	0.77	0.77	0.77	0.77	0.77	0.77	0.77	0.77	0.77
Public	57.92	57.91	57.92	57.92	57.92	57.93	57.91	57.92	57.92	57.92	57.92	57.92
No. of Shareholders	3,012	3,021	3,010	2,989	2,993	2,978	2,840	2,579	2,579	2,579	2,539	2,540