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Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹809 Cr.
Stock P/E
10.2
P/B
1
Current Price
₹15.2
Book Value
₹ 15.2
Face Value
1
52W High
₹33.1
52W Low
₹ 13.1
Dividend Yield
0%

Kellton Tech Solut. Overview

Business

Kellton Tech Solutions Ltd. is an India-based IT services company that provides end-to-end digital transformation and IT solutions to clients globally. Its core business model revolves around offering services that help businesses innovate, optimize operations, and enhance customer experience through technology. This includes areas like enterprise resource planning (ERP) implementation, digital consulting, cloud services, data analytics, internet of things (IoT), artificial intelligence/machine learning (AI/ML), and custom software development. The company makes money through project-based contracts, managed services, and consulting fees charged to its clients across various industries such as retail, manufacturing, healthcare, and logistics.

Revenue Mix

Kellton Tech typically categorizes its services across several technology and solution areas rather than distinct business segments with separate P&Ls. While specific percentage breakdowns are not always publicly granular, its primary revenue streams generally come from:

Enterprise Solutions: Implementation and support for platforms like SAP, Oracle, and Microsoft Dynamics.

Digital Transformation & Consulting: Strategy, design, and execution of digital initiatives, including mobile app development, web development, and UI/UX design.

Cloud & Data Services: Cloud migration, infrastructure management, data warehousing, business intelligence, and analytics.

Emerging Technologies: Solutions leveraging IoT, AI/ML, and blockchain.

Geographically, the company serves clients primarily in North America, Europe, and India.

Industry

Kellton Tech operates in the highly competitive global IT services and digital transformation industry. This industry is characterized by a mix of large global players (e.g., Accenture, TCS, Infosys), mid-tier providers, and numerous niche specialists. Kellton Tech positions itself as a mid-tier agile IT service provider, focusing on delivering integrated solutions and acting as a strategic partner for digital transformation journeys. It often competes on its ability to offer specialized expertise, deliver cost-effective solutions, and cater to the specific needs of mid-market enterprises or particular industry verticals, differentiating itself from larger players through agility and a client-centric approach.

MOAT

Kellton Tech, as a mid-tier IT services provider, faces challenges in establishing a strong, durable competitive moat comparable to industry leaders. Its advantages, while present, are generally less entrenched:

Niche Expertise: Developing specialized knowledge in specific platforms (e.g., SAP, Salesforce) or emerging technologies (IoT, AI) for particular industry verticals can create a temporary advantage.

Client Relationships: Building long-term relationships with clients through successful project delivery and reliable service can lead to recurring revenue and referrals.

Agility & Cost-effectiveness: Being more agile and potentially offering more competitive pricing than larger competitors for certain projects can attract clients.

However, these are often replicable, and the company generally lacks strong network effects, significant brand power, or high switching costs that typically characterize strong moats in other industries.

Growth Drivers

Accelerated Digital Transformation: The ongoing global imperative for businesses across all sectors to digitize operations and enhance customer experience fuels demand for IT services.

Cloud Adoption: Continued migration of enterprises to cloud platforms (public, private, hybrid) drives demand for cloud migration, management, and optimization services.

Emergence of AI/ML and Data Analytics: Increasing adoption of AI/ML for automation, insights, and innovation creates new service opportunities.

Expansion into New Geographies/Verticals: Strategic expansion into untapped markets or focusing on high-growth industry verticals can provide new revenue streams.

Cross-selling and Upselling: Leveraging existing client relationships to offer a broader suite of services and larger projects.

Risks

Intense Competition: The IT services market is highly fragmented and competitive, leading to pricing pressure and challenges in winning new clients.

Talent Acquisition & Retention: Difficulty in attracting, training, and retaining skilled IT professionals, particularly in emerging technologies, can impact project delivery and growth.

Client Concentration: Over-reliance on a few large clients could lead to revenue volatility if a major contract is lost or scaled down.

Technological Obsolescence: The rapid pace of technological change requires continuous investment in R&D and skill upgrades, posing a risk if the company fails to adapt.

Global Economic Slowdown: A downturn in global economic conditions can lead to reduced IT spending by clients, impacting revenue and profitability.

Currency Fluctuations: As a global service provider, adverse movements in foreign exchange rates can impact reported earnings.

Management & Ownership

Kellton Tech was co-founded by its promoters, including Narinder Singh and Karanjit Singh, who have played instrumental roles in guiding the company's strategy and growth since its inception. The management team comprises professionals with experience in technology and business consulting. As of recent data, the promoters generally hold a significant stake in the company, demonstrating their commitment and aligning their interests with shareholders. The ownership structure typically includes promoter holding, institutional investors, and public shareholders.

Outlook

Kellton Tech is positioned to benefit from the tailwinds of global digital transformation and increasing enterprise IT spending, particularly in areas like cloud, data, and AI. Its focus on niche solutions and client-centric approach could enable it to capture market share within specific segments. The ongoing demand for digital services across industries provides a conducive environment for growth. However, the company operates in a highly competitive landscape with larger, more established players, necessitating continuous innovation, strong execution, and effective talent management to maintain and grow its market position. The ability to effectively scale operations, win larger deals, and differentiate its offerings will be crucial for sustainable long-term performance, while managing the risks of intense competition and technological shifts remains a constant challenge.

Kellton Tech Solut. Share Price

Live · BSE / NSE · Inception: 1993
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Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Kellton Tech Solut. Quarterly Results

#(Fig in Cr.) Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Net Sales 245 248 262 271 279 286 295 300 308 314
Other Income 0 1 0 0 0 1 1 1 1 6
Total Income 246 248 262 271 279 287 296 301 309 320
Total Expenditure 227 216 230 238 245 257 260 263 269 289
Operating Profit 19 33 32 33 34 30 36 38 40 31
Interest 5 5 5 5 5 5 5 5 6 6
Depreciation 4 4 4 4 4 4 4 4 4 4
Exceptional Income / Expenses 0 0 0 0 -0 0 0 0 0 0
Profit Before Tax 10 24 23 24 25 21 27 29 30 21
Provision for Tax 1 0 3 4 4 1 4 5 5 1
Profit After Tax 8 24 20 20 21 19 23 24 25 20
Adjustments 0 0 0 0 0 0 0 0 -0 -0
Profit After Adjustments 8 24 20 20 21 19 23 24 25 20
Adjusted Earnings Per Share 0.2 0.5 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.4

Kellton Tech Solut. Profit & Loss

#(Fig in Cr.) Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 238 359 615 783 814 771 776 843 917 983 1098 1217
Other Income 2 1 4 3 5 4 5 1 2 2 2 9
Total Income 240 360 618 786 819 775 780 844 920 985 1100 1226
Total Expenditure 205 309 533 665 696 658 668 738 824 878 970 1081
Operating Profit 34 50 86 121 123 116 112 106 96 106 130 145
Interest 6 9 10 16 19 16 13 12 11 18 20 22
Depreciation 3 2 4 5 7 13 13 11 14 16 17 16
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 -184 0 -0 0
Profit Before Tax 26 39 71 99 97 87 87 83 -114 72 92 107
Provision for Tax 4 8 18 31 20 17 16 13 13 8 13 15
Profit After Tax 22 31 53 68 77 71 71 70 -127 64 80 92
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 22 31 53 68 77 71 71 70 -127 64 80 92
Adjusted Earnings Per Share 0.5 0.7 1.1 1.4 1.6 1.5 1.5 1.5 -2.6 1.3 1.6 1.9

Kellton Tech Solut. Balance Sheet

#(Fig in Cr.) Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 78 126 177 260 329 416 421 479 373 443 535
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 31 32 44 32 36 29 23 13 38 33 52
Other Non-Current Liabilities 12 10 65 65 26 62 24 24 19 17 15
Total Current Liabilities 116 141 164 224 208 212 164 157 166 167 187
Total Liabilities 237 309 450 581 599 718 632 672 596 660 789
Fixed Assets 107 118 222 228 220 278 206 199 64 69 63
Other Non-Current Assets 2 2 3 13 23 22 13 10 11 29 43
Total Current Assets 128 188 226 340 356 418 413 463 522 562 683
Total Assets 237 309 450 581 599 718 632 672 596 660 789

Kellton Tech Solut. Cash Flow

#(Fig in Cr.) Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 5 17 8 16 21 26 30 39 25 30 28
Cash Flow from Operating Activities 17 14 43 55 59 56 80 1 24 56 6
Cash Flow from Investing Activities -56 -29 -46 -40 -39 -39 32 -4 -72 -40 -25
Cash Flow from Financing Activities 51 7 12 -10 -15 -13 -102 -11 53 -19 19
Net Cash Inflow / Outflow 12 -9 8 4 5 4 9 -14 5 -2 -0
Closing Cash & Cash Equivalent 17 8 16 21 26 30 39 25 30 28 28

Kellton Tech Solut. Ratios

# Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.51 0.66 1.13 1.42 1.6 1.46 1.48 1.46 -2.63 1.31 1.64
CEPS(Rs) 0.57 0.71 1.22 1.53 1.73 1.73 1.74 1.69 -2.33 1.64 1.98
DPS(Rs) 0 0 0 0 0 0 0.05 0 0 0 0
Book NAV/Share(Rs) 1.5 2.68 3.73 5.36 6.79 8.59 8.68 9.89 7.69 9.06 10.93
Core EBITDA Margin(%) 13.68 13.76 13.33 15.11 14.48 14.58 13.9 12.43 10.19 10.63 11.63
EBIT Margin(%) 13.23 13.34 13.25 14.77 14.28 13.43 12.84 11.27 -11.21 9.18 10.27
Pre Tax Margin(%) 10.76 10.9 11.58 12.7 11.96 11.3 11.18 9.9 -12.46 7.32 8.43
PAT Margin (%) 9.28 8.64 8.63 8.73 9.45 9.15 9.17 8.36 -13.82 6.51 7.26
Cash Profit Margin (%) 10.46 9.33 9.32 9.42 10.27 10.81 10.84 9.66 -12.25 8.14 8.81
ROA(%) 13.06 11.35 13.97 13.26 13.04 10.71 10.53 10.81 -19.99 10.19 11
ROE(%) 40.91 32.46 35.17 31.48 26.27 19.03 17.09 15.74 -29.91 15.77 16.38
ROCE(%) 27.49 25.71 31.98 34.49 28.14 21.02 18.89 17.04 -18.43 16.22 17.31
Receivable days 81.05 101.09 79.87 77.82 82.43 90.69 96.1 92.79 95.34 97.57 98.88
Inventory Days 0.83 1.93 1.7 1.12 1.14 0.64 0.02 0.01 0 0 1.98
Payable days 1962.44 2157.82 6766.72 350.07 703.84 605.77 691.6 2320.52 0 0 0
PER(x) 12.86 32.35 11.83 9.15 5 0.97 9.75 11.52 0 14.82 13.06
Price/Book(x) 4.36 7.98 3.56 2.42 1.18 0.17 1.66 1.7 1.14 2.15 1.96
Dividend Yield(%) 0 0 0 0 0 0 0.35 0 0 0 0
EV/Net Sales(x) 1.47 3.01 1.19 0.92 0.59 0.2 0.97 1.07 0.59 1.09 1.09
EV/Core EBITDA(x) 10.19 21.47 8.53 5.94 3.92 1.33 6.72 8.51 5.69 10.05 9.18
Net Sales Growth(%) 77.97 50.77 71.4 27.44 3.91 -5.34 0.64 8.64 8.86 7.15 11.69
EBIT Growth(%) 187.41 52.05 70.23 42.07 0.44 -10.97 -3.8 -4.59 -208.24 187.78 24.92
PAT Growth(%) 246.93 40.31 71.32 28.89 12.5 -8.33 0.84 -0.95 -280.01 150.48 24.55
EPS Growth(%) 230.22 30.29 70.16 26.1 12.5 -8.33 0.84 -1.07 -279.95 150.03 24.4
Debt/Equity(x) 1.26 0.69 0.68 0.44 0.38 0.28 0.24 0.24 0.4 0.33 0.33
Current Ratio(x) 1.1 1.33 1.38 1.52 1.72 1.98 2.51 2.96 3.15 3.36 3.66
Quick Ratio(x) 1.1 1.31 1.36 1.51 1.7 1.98 2.51 2.96 3.15 3.36 3.62
Interest Cover(x) 5.36 5.46 7.92 7.11 6.16 6.3 7.75 8.22 -8.99 4.92 5.56
Total Debt/Mcap(x) 0.29 0.09 0.19 0.18 0.32 1.7 0.15 0.14 0.35 0.15 0.17

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +12% +9% +7% +17%
Operating Profit CAGR +23% +7% +2% +14%
PAT CAGR +25% +5% +2% +14%
Share Price CAGR -40% +8% -3% -1%
ROE Average +16% +1% +7% +20%
ROCE Average +17% +5% +10% +20%

Kellton Tech Solut. Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 37.67 %
FII 1.04 %
DII (MF + Insurance) 0 %
Public (retail) 62.33 %
# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 52.151.9451.6740.8240.8240.8240.7838.737.6737.67
FII 0.440.790.461.321.431.061.270.961.211.04
DII 0000000000
Public 47.948.0648.3359.1859.1859.1859.2261.362.3362.33
Others 0000000000
Total 100100100100100100100100100100

Kellton Tech Solut. Peer Comparison

IT - Software Edit Columns

Kellton Tech Solut. Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Kellton Tech Solut. Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Promoter holding is low: 37.67%.
  • Company has a low return on equity of 1% over the last 3 years.
  • The company has delivered a poor profit growth of 2% over past five years.
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