Income Statement Kalyani Investment Company Limited

Equities

KICL

INE029L01018

Investment Management & Fund Operators

Delayed NSE India S.E. Other stock markets 10:55:54 2025-11-18 pm EST			5-day change	1st Jan Change
5,042.00 ^INR	-0.36%		-0.61%	-16.27%

Nov. 14	Kalyani Investment appoints Anurag Jain as CEO and CFO	RE
Nov. 14	Kalyani Investment Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2025	CI

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Published financial data: KALYANI INVESTMENT COMPANY LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	-	-	-	-	-
Gain (Loss) on Sale of Investment, Total (Rev)	46.27M	-3.32M	22.3M	25.84M	24.88M
Interest And Invest. Income (Rev)	33.37M	310M	534M	642M	757M
Other Revenues, Total	-	-	-	-	-
Total Revenues	79.64M	307M	556M	668M	782M
Gross Profit	79.64M	307M	556M	668M	782M
Selling General & Admin Expenses, Total	17.54M	11.33M	5.19M	5.36M	5.74M
Depreciation & Amortization - (IS)	970K	970K	970K	980K	870K
Other Operating Expenses	14.61M	17.65M	24.67M	-32.62M	85.38M
Other Operating Expenses, Total	33.12M	29.95M	30.83M	-26.28M	91.99M
Operating Income	46.52M	277M	526M	694M	690M
Interest Expense, Total	-	-	-	-	-
Interest And Investment Income	-	240K	400K	-	-
Net Interest Expenses	-	240K	400K	-	-
Income (Loss) On Equity Invest.	418M	436M	246M	218M	285M
Currency Exchange Gains (Loss)	-	-	-	-	-
EBT, Excl. Unusual Items	464M	713M	772M	913M	975M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	464M	713M	772M	913M	975M
Income Tax Expense	118M	141M	191M	212M	260M
Earnings From Continuing Operations	346M	572M	581M	701M	715M
Net Income to Company	346M	572M	581M	701M	715M
Net Income - (IS)	346M	572M	581M	701M	715M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	346M	572M	581M	701M	715M
Net Income to Common Excl. Extra Items	346M	572M	581M	701M	715M
Per Share Items
Net EPS - Basic	79.23	130.97	133.05	160.48	163.89
Basic EPS - Continuing Operations	79.23	130.97	133.05	160.48	163.89
Basic Weighted Average Shares Outstanding	4.37M	4.37M	4.37M	4.37M	4.37M
Net EPS - Diluted	79.23	130.97	133.05	160.48	163.89
Diluted EPS - Continuing Operations	79.23	130.97	133.05	160.48	163.89
Diluted Weighted Average Shares Outstanding	4.37M	4.37M	4.37M	4.37M	4.37M
Normalized Basic EPS	66.44	102.1	110.5	130.66	139.59
Normalized Diluted EPS	66.44	102.1	110.5	130.66	139.59
Supplemental Items
EBITDA	47.49M	278M	526M	695M	691M
EBITA	46.52M	277M	526M	694M	690M
EBIT	46.52M	277M	526M	694M	690M
Total Revenues (As Reported)	79.64M	307M	557M	741M	782M
Effective Tax Rate - (Ratio)	25.48	19.83	24.74	23.24	26.62
Total Current Taxes	14.28M	93.5M	134M	164M	193M
Total Deferred Taxes	104M	47.89M	57.39M	49.1M	65.57M
Normalized Net Income	290M	446M	482M	570M	609M
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	180K	230K	240K	220K	210K
Marketing Expenses	560K	560K	560K	560K	590K
Selling and Marketing Expenses	740K	790K	800K	780K	800K

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	470K	730K	1.41M	870K	2.06M
Short Term Investments	562M	856M	1.26B	1.82B	2.46B
Trading Asset Securities, Total	530M	518M	543M	567M	476M
Total Cash And Short Term Investments	1.09B	1.37B	1.81B	2.39B	2.94B
Accounts Receivable, Total	-	-	-	-	-
Notes Receivable	-	-	-	-	-
Total Receivables	-	-	-	-	-
Prepaid Expenses	-	-	-	-	80K
Other Current Assets, Total	2.77M	610K	1.58M	1.92M	560K
Total Current Assets	1.1B	1.38B	1.81B	2.39B	2.94B
Gross Property Plant And Equipment	10.24M	10.24M	10.24M	10.24M	10.24M
Accumulated Depreciation	-5.93M	-6.9M	-7.87M	-8.85M	-9.72M
Net Property Plant And Equipment	4.31M	3.34M	2.37M	1.39M	520K
Long-term Investments	46.31B	53.28B	58.34B	85.39B	90.16B
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	47.41B	54.66B	60.15B	87.79B	93.1B
Liabilities
Accounts Payable, Total	1.42M	1.05M	1.2M	1.02M	2.76M
Accrued Expenses, Total	5.25M	11.35M	18.48M	24.02M	25.5M
Current Income Taxes Payable	-	4.3M	-	-	220K
Other Current Liabilities	-	-	-	-	-
Total Current Liabilities	6.67M	16.7M	19.68M	25.04M	28.48M
Deferred Tax Liability Non Current	1.12B	1.14B	1.62B	4.72B	5.91B
Other Non Current Liabilities	-	-	20K	40K	-
Total Liabilities	1.13B	1.15B	1.64B	4.74B	5.94B
Common Stock, Total	43.65M	43.65M	43.65M	43.65M	43.65M
Retained Earnings	4.91B	5.49B	6.07B	6.76B	7.48B
Comprehensive Income and Other	41.32B	47.98B	52.4B	76.24B	79.64B
Total Common Equity	46.28B	53.51B	58.51B	83.04B	87.16B
Total Equity	46.28B	53.51B	58.51B	83.04B	87.16B
Total Liabilities And Equity	47.41B	54.66B	60.15B	87.79B	93.1B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4.37M	4.37M	4.37M	4.37M	4.37M
ECS Total Common Shares Outstanding	4.37M	4.37M	4.37M	4.37M	4.37M
Book Value / Share	10.6K	12.26K	13.4K	19.02K	19.97K
Tangible Book Value	46.28B	53.51B	58.51B	83.04B	87.16B
Tangible Book Value Per Share	10.6K	12.26K	13.4K	19.02K	19.97K
Total Debt	0	0	0	0	0
Net Debt	-1.09B	-1.37B	-1.81B	-2.39B	-2.94B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	-	-	-
Equity Method Investments, Total	1.92B	2.27B	2.48B	2.65B	2.88B
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	10.24M	10.24M	10.24M	10.24M	10.24M
Full Time Employees	2	2	2	2	2

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	346M	572M	581M	701M	715M
Depreciation & Amortization - CF	970K	970K	970K	980K	870K
Depreciation & Amortization, Total	970K	970K	970K	980K	870K
(Gain) Loss on Sale of Investments - (CF)	-46.27M	3.01M	-22.3M	-25.84M	-24.88M
Asset Writedown & Restructuring Costs	-	310K	-	-	-
(Income) Loss On Equity Investments - (CF)	-418M	-436M	-246M	-218M	-285M
Other Operating Activities, Total	104M	54.46M	52.08M	-23.75M	67.15M
Change In Accounts Payable	-2.2M	-370K	150K	-180K	1.74M
Change in Other Net Operating Assets	-216M	-287M	-402M	-555M	-637M
Cash from Operations	-231M	-92.93M	-35.62M	-121M	-161M
Investment in Marketable and Equity Securities, Total	183M	8.12M	-2.36M	74.4M	116M
Other Investing Activities, Total	46.4M	85.07M	38.66M	46.4M	46.4M
Cash from Investing	230M	93.19M	36.3M	121M	163M
Net Change in Cash	-1.24M	260K	680K	-540K	1.19M
Supplemental Items
Cash Income Tax Paid (Refund)	14.26M	86.95M	139M	163M	192M
Levered Free Cash Flow	23.94M	186M	331M	440M	437M
Unlevered Free Cash Flow	23.94M	186M	331M	440M	437M
Change In Net Working Capital	6.1M	-12.19M	-2.02M	-5.02M	-4.68M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.09	0.34	0.57	0.59	0.48
Return on Total Capital	0.09	0.35	0.59	0.61	0.51
Return On Equity %	1.04	1.15	1.04	0.99	0.84
Return on Common Equity	1.04	1.15	1.04	0.99	0.84
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	22.02	3.69	0.93	0.8	0.73
EBITDA Margin %	59.63	90.56	94.63	104.08	88.35
EBITA Margin %	58.41	90.24	94.46	103.93	88.24
EBIT Margin %	58.41	90.24	94.46	103.93	88.24
Income From Continuing Operations Margin %	434.27	186.25	104.4	104.86	91.46
Net Income Margin %	434.27	186.25	104.4	104.86	91.46
Net Avail. For Common Margin %	434.27	186.25	104.4	104.86	91.46
Normalized Net Income Margin	364.2	145.2	86.7	85.38	77.9
Levered Free Cash Flow Margin	30.07	60.69	59.57	65.86	55.86
Unlevered Free Cash Flow Margin	30.07	60.69	59.57	65.86	55.86
Asset Turnover
Asset Turnover	0	0.01	0.01	0.01	0.01
Fixed Assets Turnover	16.63	80.25	194.87	355.35	819.06
Short Term Liquidity
Current Ratio	164.25	82.36	91.99	95.63	103.28
Quick Ratio	163.83	82.32	91.91	95.55	103.26
Operating Cash Flow to Current Liabilities	-34.6	-5.56	-1.81	-4.85	-5.67
Long Term Solvency
Total Liabilities / Total Assets	2.39	2.11	2.73	5.4	6.38
EBIT / Interest Expense	-	-	-	-	-
EBITDA / Interest Expense	-	-	-	-	-
(EBITDA - Capex) / Interest Expense	-	-	-	-	-
Net Debt / EBITDA	-23.01	-4.95	-3.44	-3.44	-4.26
Net Debt / (EBITDA - Capex)	-23.01	-4.95	-3.44	-3.44	-4.26
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-81.03	285.45	81.24	20.08	17.09
Gross Profit, 1 Yr. Growth %	-81.03	285.45	81.24	20.08	17.09
EBITDA, 1 Yr. Growth %	-87.65	485.37	89.4	32.06	-0.61
EBITA, 1 Yr. Growth %	-87.88	495.49	89.71	32.12	-0.59
EBIT, 1 Yr. Growth %	-87.88	495.49	89.71	32.12	-0.59
Earnings From Cont. Operations, 1 Yr. Growth %	-28	65.31	1.59	20.61	2.13
Net Income, 1 Yr. Growth %	-28	65.31	1.59	20.61	2.13
Normalized Net Income, 1 Yr. Growth %	-28.43	53.67	8.22	18.25	6.83
Diluted EPS Before Extra, 1 Yr. Growth %	-28	65.31	1.59	20.61	2.13
Net Property, Plant and Equip., 1 Yr. Growth %	-18.22	-22.51	-29.04	-41.35	-62.59
Total Assets, 1 Yr. Growth %	130.85	15.3	10.04	45.94	6.05
Tangible Book Value, 1 Yr. Growth %	130.41	15.63	9.35	41.93	4.95
Common Equity, 1 Yr. Growth %	130.41	15.63	9.35	41.93	4.95
Cash From Operations, 1 Yr. Growth %	-1.8K	-59.73	-61.68	240.65	33.04
Levered Free Cash Flow, 1 Yr. Growth %	-89.98	678.02	77.92	32.74	-0.7
Unlevered Free Cash Flow, 1 Yr. Growth %	-89.98	678.02	77.92	32.74	-0.7
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-50.32	-14.48	164.31	47.52	18.57
Gross Profit, 2 Yr. CAGR %	-50.32	-14.48	164.31	47.52	18.57
EBITDA, 2 Yr. CAGR %	-59.46	-14.99	232.96	58.15	14.57
EBITA, 2 Yr. CAGR %	-59.81	-15.03	236.11	58.32	14.6
EBIT, 2 Yr. CAGR %	-59.81	-15.03	236.11	58.32	14.6
Earnings From Cont. Operations, 2 Yr. CAGR %	-24.75	9.1	29.59	10.69	10.99
Net Income, 2 Yr. CAGR %	-24.75	9.1	29.59	10.69	10.99
Normalized Net Income, 2 Yr. CAGR %	-12.86	4.87	28.96	13.12	12.4
Diluted EPS Before Extra, 2 Yr. CAGR %	-24.75	9.1	29.59	10.69	10.99
Net Property, Plant and Equip., 2 Yr. CAGR %	-17.02	-20.39	-25.85	-35.49	-53.16
Total Assets, 2 Yr. CAGR %	11.98	63.15	12.64	26.73	24.41
Tangible Book Value, 2 Yr. CAGR %	10.69	63.22	12.45	24.58	22.05
Common Equity, 2 Yr. CAGR %	10.69	63.22	12.45	24.58	22.05
Cash From Operations, 2 Yr. CAGR %	-11.91	161.69	-60.71	14.26	112.88
Levered Free Cash Flow, 2 Yr. CAGR %	-64.6	-11.69	272.05	53.68	14.82
Unlevered Free Cash Flow, 2 Yr. CAGR %	-64.6	-11.69	272.05	53.68	14.82
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-34.44	-1.66	9.85	103.19	36.59
Gross Profit, 3 Yr. CAGR %	-34.44	-1.66	9.85	103.19	36.59
EBITDA, 3 Yr. CAGR %	-43.32	-1.28	11.03	144.64	35.47
EBITA, 3 Yr. CAGR %	-43.63	-1.28	11.06	146.21	35.57
EBIT, 3 Yr. CAGR %	-43.63	-1.28	11.06	146.21	35.57
Earnings From Cont. Operations, 3 Yr. CAGR %	-12	-2.18	6.53	26.53	7.76
Net Income, 3 Yr. CAGR %	-12	-2.18	6.53	26.53	7.76
Normalized Net Income, 3 Yr. CAGR %	-2.86	5.28	5.97	25.28	10.99
Diluted EPS Before Extra, 3 Yr. CAGR %	-12	-2.18	6.53	26.53	7.76
Net Property, Plant and Equip., 3 Yr. CAGR %	-15.84	-18.89	-23.39	-31.42	-46.2
Total Assets, 3 Yr. CAGR %	-2.15	13.07	43.08	22.8	19.42
Tangible Book Value, 3 Yr. CAGR %	-2.86	12.31	42.82	21.52	17.66
Common Equity, 3 Yr. CAGR %	-2.86	12.31	42.82	21.52	17.66
Cash From Operations, 3 Yr. CAGR %	30.67	-32.14	37.94	-19.29	20.2
Levered Free Cash Flow, 3 Yr. CAGR %	162.62	-0.83	11.53	163.88	32.86
Unlevered Free Cash Flow, 3 Yr. CAGR %	164.29	-0.83	11.53	163.88	32.86
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-26.9	24.88	14.5	15.66	13.26
Gross Profit, 5 Yr. CAGR %	-26.9	24.88	14.5	15.66	13.26
EBITDA, 5 Yr. CAGR %	-33.38	27.64	15.09	19.2	12.43
EBITA, 5 Yr. CAGR %	-33.62	27.85	15.13	19.25	12.46
EBIT, 5 Yr. CAGR %	-33.62	27.85	15.13	19.25	12.46
Earnings From Cont. Operations, 5 Yr. CAGR %	-1.2	15.43	2.73	2.78	8.29
Net Income, 5 Yr. CAGR %	-1.2	15.43	2.73	2.78	8.29
Normalized Net Income, 5 Yr. CAGR %	-1.08	20.53	8.8	8.35	8.5
Diluted EPS Before Extra, 5 Yr. CAGR %	-1.2	15.43	2.73	2.78	8.29
Net Property, Plant and Equip., 5 Yr. CAGR %	-14.01	-16.44	-19.99	-25.99	-37.07
Total Assets, 5 Yr. CAGR %	59.58	62.67	3.52	18.35	35.3
Tangible Book Value, 5 Yr. CAGR %	60.19	63.13	3	17.07	34.12
Common Equity, 5 Yr. CAGR %	60.19	63.13	3	17.07	34.12
Cash From Operations, 5 Yr. CAGR %	12.63	136.42	-19.2	-16.41	64.09
Levered Free Cash Flow, 5 Yr. CAGR %	-37.55	-0.54	201.88	18.16	12.83
Unlevered Free Cash Flow, 5 Yr. CAGR %	-37.55	-0.54	203.03	18.16	12.83