Textile · Founded 1980 · www.bhavik.biz · BSE 531609 · · ISIN INE902G01016
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1. Business Overview
KG Petrochem Ltd. operates within the Textile sector in India. Given its name, "Petrochem," it is likely involved in the manufacturing or processing of synthetic textiles (such as polyester, nylon, or blends thereof), which use petrochemical derivatives as raw materials. Its core business model would involve sourcing raw materials (fibers, yarn), manufacturing various textile products (e.g., yarn, fabric, processed textiles), and selling them to other businesses (B2B) or potentially directly to consumers (B2C) if it has a finished product line. The company makes money by selling these textile products at a margin over its production costs.
2. Key Segments / Revenue Mix
Specific key segments and their revenue contribution for KG Petrochem Ltd. are not publicly available based on the provided information. Generally, a textile company might have segments such as synthetic yarn manufacturing, fabric weaving/knitting, textile processing (dyeing, printing, finishing), or garment manufacturing. Without further data, the exact mix remains unknown.
3. Industry & Positioning
The Indian textile industry is one of the oldest and largest industries in the country, characterized by its fragmented nature with a mix of large integrated players, mid-sized companies, and numerous small-scale units. It encompasses the entire value chain from fiber to finished garments. The industry is highly competitive, driven by both domestic demand and export opportunities. Without specific details on KG Petrochem Ltd.'s product range, operational scale, or target markets (domestic vs. export, premium vs. mass market), its precise positioning against peers (e.g., as a specialized synthetic fiber/fabric producer, a large-scale integrated mill, or a niche player) cannot be determined.
4. Competitive Advantage (Moat)
Information on KG Petrochem Ltd.'s specific competitive advantages is not available. In the textile industry, potential moats could include:
Cost Leadership: Achieving superior operational efficiency and economies of scale.
Product Differentiation: Specialization in high-performance or innovative synthetic textiles.
Brand Strength: If operating in the consumer-facing segment (less likely given "Petrochem" in the name).
Backward/Forward Integration: Control over the supply chain from raw material sourcing to finished product distribution.
Technological Edge: Advanced manufacturing processes or R&D capabilities in synthetic materials.
Without specific data, it is not possible to ascertain if KG Petrochem Ltd. possesses any durable competitive advantages.
5. Growth Drivers
Key factors that could drive growth for KG Petrochem Ltd. over the next 3-5 years include:
Growing Domestic Consumption: Rising disposable incomes and urbanization in India driving demand for apparel and home textiles.
Increasing Demand for Synthetics: Growing preference for synthetic and blended fabrics due to their durability, ease of care, and cost-effectiveness.
Export Opportunities: Government initiatives and global market demand for Indian textiles.
Value-Added Products: Focus on technical textiles, specialized fabrics, or higher-margin processed products.
Capacity Expansion/Modernization: Investment in new machinery or increased production capacity to meet demand.
6. Risks
KG Petrochem Ltd. faces several risks common to the textile industry:
Raw Material Price Volatility: Fluctuations in prices of petrochemical derivatives and other inputs directly impact production costs and profitability.
Intense Competition: The fragmented nature of the Indian textile market leads to significant price competition.
Currency Fluctuations: For companies involved in exports or importing raw materials, exchange rate volatility can impact margins.
Changing Fashion Trends & Consumer Preferences: Rapid shifts can lead to inventory obsolescence if not managed effectively.
Environmental Regulations: Increasing scrutiny and regulations regarding water usage, waste disposal, and chemical processing in textile manufacturing.
Labor Costs & Availability: Reliance on a large labor force makes the company susceptible to wage inflation and labor disputes.
7. Management & Ownership
Specific details regarding the promoters, management quality, and ownership structure of KG Petrochem Ltd. are not provided. In India, many companies, particularly those not among the largest market capitalization, often have a promoter-led management structure where the founding family or group maintains significant control and influence over strategic and operational decisions. Without further information, it is not possible to comment on the specific quality or experience of the management team.
8. Outlook
KG Petrochem Ltd., operating in the Indian textile sector, is poised to benefit from long-term trends such as rising domestic consumption and the growing global demand for textiles, especially synthetic and blended fabrics. The company's potential specialization in petrochemical-derived textiles could align it with this demand trend. However, the business environment is highly competitive, and profitability is susceptible to volatile raw material prices, currency movements, and evolving market trends. Its ability to achieve growth and maintain margins will depend on effective cost management, product innovation, and strategic positioning within the value chain.
Price goes above X
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| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 71 | 70 | 105 | 68 | 78 | 105 | 125 | 94 | 85 | 54 |
| Other Income | 1 | 1 | 1 | 1 | 1 | 2 | 0 | 2 | 3 | 1 |
| Total Income | 72 | 71 | 107 | 69 | 79 | 107 | 125 | 96 | 88 | 55 |
| Total Expenditure | 69 | 64 | 99 | 62 | 73 | 98 | 117 | 87 | 83 | 50 |
| Operating Profit | 4 | 8 | 8 | 7 | 6 | 9 | 7 | 9 | 5 | 5 |
| Interest | 2 | 2 | 3 | 2 | 2 | 1 | 4 | 2 | 2 | 2 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -1 | 3 | 2 | 2 | 1 | 4 | 0 | 3 | -0 | -0 |
| Provision for Tax | 0 | 1 | 1 | 0 | 1 | 1 | -0 | 1 | 0 | -0 |
| Profit After Tax | -1 | 2 | 1 | 2 | -0 | 3 | 1 | 2 | -0 | 0 |
| Adjustments | 0 | -0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | -1 | 2 | 1 | 2 | -0 | 3 | 1 | 2 | -0 | 0 |
| Adjusted Earnings Per Share | -2 | 3.9 | 1.5 | 3.7 | -0.1 | 5.3 | 1.4 | 4.1 | -0.4 | 0 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 186 | 214 | 226 | 227 | 249 | 329 | 298 | 354 | 303 | 331 | 375 | 358 |
| Other Income | 5 | 4 | 5 | 6 | 8 | 9 | 8 | 12 | 6 | 5 | 4 | 6 |
| Total Income | 191 | 218 | 232 | 234 | 257 | 339 | 306 | 366 | 310 | 336 | 379 | 364 |
| Total Expenditure | 165 | 187 | 195 | 203 | 218 | 285 | 261 | 317 | 277 | 313 | 350 | 337 |
| Operating Profit | 26 | 31 | 36 | 31 | 39 | 53 | 46 | 48 | 33 | 23 | 29 | 26 |
| Interest | 9 | 8 | 6 | 5 | 7 | 10 | 8 | 8 | 10 | 8 | 9 | 10 |
| Depreciation | 12 | 14 | 14 | 16 | 17 | 18 | 17 | 17 | 12 | 12 | 14 | 13 |
| Exceptional Income / Expenses | 0 | 0 | -0 | 0 | 0 | -5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 5 | 10 | 16 | 10 | 15 | 21 | 21 | 23 | 11 | 3 | 7 | 3 |
| Provision for Tax | 3 | 1 | 6 | 2 | 7 | 3 | 6 | 6 | 3 | 2 | 2 | 1 |
| Profit After Tax | 2 | 9 | 10 | 8 | 9 | 17 | 16 | 17 | 8 | 1 | 6 | 3 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 2 | 9 | 10 | 8 | 9 | 17 | 16 | 17 | 8 | 1 | 6 | 3 |
| Adjusted Earnings Per Share | 4 | 17.8 | 19.2 | 15 | 16.7 | 33.5 | 30 | 33.4 | 14.9 | 1.8 | 10.5 | 5.1 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 13% | 2% | 3% | 7% |
| Operating Profit CAGR | 26% | -15% | -11% | 1% |
| PAT CAGR | 500% | -29% | -19% | 12% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -19% | -4% | -8% | 14% |
| ROE Average | 4% | 4% | 9% | 13% |
| ROCE Average | 6% | 6% | 9% | 11% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 33 | 47 | 51 | 59 | 113 | 130 | 146 | 164 | 172 | 176 | 182 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 76 | 62 | 51 | 61 | 66 | 61 | 55 | 43 | 20 | 12 | 4 |
| Other Non-Current Liabilities | 7 | 5 | 12 | 12 | 14 | 12 | 10 | 9 | 8 | 11 | 11 |
| Total Current Liabilities | 53 | 69 | 94 | 101 | 126 | 143 | 136 | 175 | 168 | 161 | 180 |
| Total Liabilities | 169 | 182 | 208 | 232 | 319 | 347 | 348 | 390 | 368 | 360 | 376 |
| Fixed Assets | 99 | 92 | 84 | 71 | 145 | 156 | 149 | 143 | 137 | 144 | 141 |
| Other Non-Current Assets | 3 | 1 | 2 | 34 | 13 | 6 | 6 | 3 | 11 | 3 | 3 |
| Total Current Assets | 67 | 89 | 122 | 127 | 160 | 185 | 192 | 244 | 221 | 213 | 232 |
| Total Assets | 169 | 182 | 208 | 232 | 319 | 347 | 348 | 390 | 368 | 360 | 376 |
| #(Fig in Cr.) | Mar 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 | 2 | 0 | 0 | 5 | 0 | 1 | 0 | 1 | 7 | 1 | 0 |
| Cash Flow from Operating Activities | 8 | 16 | 27 | 24 | 25 | 31 | 24 | 33 | 38 | 24 | 27 |
| Cash Flow from Investing Activities | -42 | -4 | -6 | -33 | -23 | -18 | -10 | -7 | -13 | -8 | -10 |
| Cash Flow from Financing Activities | 33 | -12 | -16 | 4 | -2 | -13 | -13 | -21 | -32 | -16 | -17 |
| Net Cash Inflow / Outflow | -1 | -0 | 5 | -5 | 0 | -0 | 1 | 6 | -6 | -1 | 0 |
| Closing Cash & Cash Equivalent | 0 | 0 | 5 | 0 | 1 | 0 | 1 | 7 | 1 | 0 | 1 |
| # | Mar 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) | 4 | 17.75 | 19.19 | 14.97 | 16.65 | 33.46 | 30.03 | 33.4 | 14.93 | 1.79 | 10.55 |
| CEPS(Rs) | 26.78 | 43.82 | 46.52 | 44.75 | 49.31 | 67.41 | 61.99 | 66.38 | 37.49 | 24.82 | 36.42 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 62.01 | 88.32 | 96.47 | 112 | 129.03 | 163.93 | 195.17 | 229.6 | 245.84 | 250.1 | 261.74 |
| Core EBITDA Margin(%) | 11.42 | 12.64 | 13.85 | 10.67 | 12.64 | 13.41 | 12.6 | 10.36 | 8.72 | 5.48 | 6.75 |
| EBIT Margin(%) | 7.77 | 8.21 | 9.63 | 6.6 | 8.84 | 9.16 | 9.74 | 8.82 | 6.87 | 3.27 | 4.22 |
| Pre Tax Margin(%) | 2.81 | 4.59 | 7.1 | 4.31 | 6.12 | 6.23 | 7.2 | 6.54 | 3.69 | 0.87 | 1.9 |
| PAT Margin (%) | 1.12 | 4.32 | 4.42 | 3.44 | 3.49 | 5.3 | 5.26 | 4.93 | 2.57 | 0.28 | 1.47 |
| Cash Profit Margin (%) | 7.52 | 10.67 | 10.72 | 10.28 | 10.34 | 10.68 | 10.86 | 9.8 | 6.45 | 3.92 | 5.07 |
| ROA(%) | 1.38 | 5.28 | 5.14 | 3.55 | 3.15 | 5.25 | 4.51 | 4.73 | 2.06 | 0.26 | 1.5 |
| ROE(%) | 6.67 | 23.62 | 20.77 | 14.36 | 13.82 | 22.84 | 16.72 | 15.73 | 6.28 | 0.72 | 4.12 |
| ROCE(%) | 11.64 | 11.91 | 13.68 | 8.61 | 11.55 | 14.12 | 12.61 | 12.76 | 8.28 | 4.35 | 6.23 |
| Receivable days | 45.66 | 61.25 | 88.8 | 106.41 | 106.98 | 80.42 | 99.51 | 91.9 | 114.42 | 113.92 | 100.25 |
| Inventory Days | 46.63 | 43.99 | 48.11 | 51.74 | 63.93 | 66.6 | 71.63 | 69.94 | 95.55 | 84.37 | 79.03 |
| Payable days | 27.38 | 22.38 | 42.38 | 49.36 | 93.58 | 85.69 | 78.56 | 81.37 | 114.74 | 105.71 | 92.74 |
| PER(x) | 5.15 | 3.13 | 5.21 | 6.05 | 5.04 | 2 | 7.34 | 9.28 | 12.49 | 114.54 | 23.18 |
| Price/Book(x) | 0.33 | 0.63 | 1.04 | 0.81 | 0.65 | 0.41 | 1.13 | 1.35 | 0.76 | 0.82 | 0.93 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.64 | 0.64 | 0.71 | 0.76 | 0.69 | 0.54 | 0.81 | 0.83 | 0.7 | 0.69 | 0.66 |
| EV/Core EBITDA(x) | 4.54 | 4.43 | 4.41 | 5.63 | 4.42 | 3.34 | 5.29 | 6.04 | 6.53 | 9.98 | 8.45 |
| Net Sales Growth(%) | 23.07 | 15.29 | 5.64 | 0.38 | 9.59 | 32.28 | -9.52 | 18.67 | -14.25 | 9.05 | 13.48 |
| EBIT Growth(%) | -8.29 | 21.87 | 23.92 | -31.18 | 46.74 | 36.96 | -3.77 | 7.46 | -33.17 | -48.15 | 46.65 |
| PAT Growth(%) | -69.54 | 344.1 | 8.1 | -22 | 11.27 | 100.92 | -10.27 | 11.23 | -55.3 | -88.01 | 489.48 |
| EPS Growth(%) | -69.54 | 344.1 | 8.1 | -22 | 11.27 | 100.92 | -10.27 | 11.23 | -55.3 | -88.01 | 489.48 |
| Debt/Equity(x) | 3.29 | 2.3 | 2.23 | 2.12 | 1.9 | 1.67 | 1.25 | 1.14 | 0.9 | 0.93 | 0.89 |
| Current Ratio(x) | 1.26 | 1.3 | 1.29 | 1.26 | 1.27 | 1.29 | 1.41 | 1.39 | 1.31 | 1.32 | 1.29 |
| Quick Ratio(x) | 0.77 | 0.97 | 0.91 | 0.99 | 0.8 | 0.87 | 1 | 0.94 | 0.84 | 0.87 | 0.79 |
| Interest Cover(x) | 1.57 | 2.26 | 3.81 | 2.88 | 3.25 | 3.13 | 3.84 | 3.87 | 2.16 | 1.36 | 1.82 |
| Total Debt/Mcap(x) | 10.08 | 3.7 | 2.18 | 2.64 | 2.95 | 4.13 | 1.11 | 0.85 | 1.2 | 1.13 | 0.95 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 74.66 | 74.66 | 74.66 | 74.66 | 74.66 | 74.66 | 74.66 | 74.66 | 74.66 | 74.66 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 25.34 | 25.34 | 25.34 | 25.34 | 25.34 | 25.34 | 25.34 | 25.34 | 25.34 | 25.34 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | +13% | +2% | +3% | +7% |
| Operating Profit CAGR | +26% | -15% | -11% | +1% |
| PAT CAGR | +500% | -29% | -19% | +12% |
| Share Price CAGR | -19% | -4% | -8% | +14% |
| ROE Average | +4% | +4% | +9% | +13% |
| ROCE Average | +6% | +6% | +9% | +11% |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 74.66 | 74.66 | 74.66 | 74.66 | 74.66 | 74.66 | 74.66 | 74.66 | 74.66 | 74.66 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 25.34 | 25.34 | 25.34 | 25.34 | 25.34 | 25.34 | 25.34 | 25.34 | 25.34 | 25.34 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 |
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