KDDL LtdNSE:KDDL
Current view Q4 2026
Watch-parts maker that also owns India's top luxury-watch retailer. Real star is its precision-metal-parts arm growing 35%+ for aerospace and EVs. Trustworthy team that keeps beating its own targets.
Latest exchange filings last 5 · 5 after Q4 2026
- 16 Sep ’2646th AGM resolutions passed; Rs15 interim and Rs8 final dividend approved on 15 September 2026. ↗
- 16 Sep ’26Shareholder Meeting / Postal Ballot-Outcome of AGM 16 Sep ↗
- 25 Aug ’26The the disclosure under Regulation 29(1) & 29(2) of SEBI (SAST) Regulations, 2011 for Pranav Shankar Saboo & Others ↗
- 24 Aug ’26KDDL released FY2025-26 BRSR, detailing ESG policies, workforce data, CSR, and 161,342 trees planted. ↗
- 24 Aug ’26Announcement under Regulation 30 (LODR)-Newspaper Publication 24 Aug ↗
Exchange filings, with the company's own one-line summary, read off the same page as the figures. Screener publishes only the most recent few, so this is the last 5 — not everything filed since your note, and a quiet-looking list is not proof of a quiet quarter. A filing is marked new when it is dated after the end of the quarter your note covers. Not scored, and not a judgement — a routine repayment notice and a takeover sit in the same list.
AI concall report · Q4 2026
The full earnings-call read behind this view — what management promised, what they delivered, and the earning trigger.
Growth Q4 2026
| Metric | This year vs lastYoY · vs Q4 2025 | vs the quarter beforeQoQ, sequential · vs Q3 2026 | 3-year yearly average3Y CAGR · compounded | 5-year yearly average5Y CAGR · compounded |
|---|---|---|---|---|
| Sales | ▲ +36.9% | −3.7% | +24.4% | +31.4% |
| Operating profit | ▲ +32.8% | +2.4% | +25.7% | +33.8% |
| EPS | ▲ +24.6% | +10.1% | +18.8% | +74.3% |
| PAT | ▲ +9.4% | −7.9% | — | — |
Tinted rows drive the Tier. Tier = the weaker of YoY Sales and YoY PAT growth. Here the weaker is PAT at +9.4%, which is under 10% → Tier 4.
QoQ is sequential, not a trend. For most Indian companies the March quarter is seasonally the largest, so a June-quarter fall against it is a calendar effect. Only the YoY column feeds the Tier.
Multibagger potential
Average60/100
Growing fast — and the market has noticed. Profit per share grew 19% a year, and buyers now pay more for each rupee of it than they did a year ago. Some of the re-pricing has already happened.
₹4,014 → ₹8,028 needs the P/E at 67× — it is 56× today, and has ranged 12× to 91× over the last 5 years. The rest would come from earnings growing as they have.
What you pay for its profitlog scale · 5-year range
Tripling needs 100× — never traded above 91× in 5 years.
At ₹2,837 the price-tag on its earnings reaches the 40× it is being projected toward — the point where being cheap against that yardstick is used up.
Re-rated already, on growth that doesn't fully back it.
How this is calculated
This is arithmetic, not a forecast — Return = ΔEPS × ΔMultiple. It says what would have to be true, not how likely it is, and "earnings keep growing at this rate for three more years" is the assumption doing the most work. This is a small-cap at ₹4,714 cr, so the odds of a re-rate are not fighting its own size.
Growth rate used: 18.8% — the weakest of EPS / Sales / Op-profit from 3-year EPS CAGR. Latest quarter reads 25%.
How it compares with its rivals Retail & Hospitality · 6 of 56 listed
It earns 12% on its capital, fifth of 6, and it is the third most expensive of the 6 shown.
| Company | Price | P/E | Size | ROCE | Profitlast qtr | Saleslast qtr |
|---|---|---|---|---|---|---|
| KDDL Ltd | ₹3,847 | 48.2× | ₹4,732 Cr | 11.7% | +43.7% | +36.3% |
| Titan Company | ₹4,797 | 72.9× | ₹4.26 L Cr | 20.5% | +62.9% | +29.3% |
| Kalyan Jewellers | ₹584 | 41.2× | ₹60,359 Cr | 21.1% | +32.0% | +45.7% |
| Lalithaa Jewel | ₹305 | 17.9× | ₹17,060 Cr | 38.0% | −21.1% | +26.2% |
| Thangamayil Jew. | ₹4,994 | 39.5× | ₹15,521 Cr | 25.5% | +86.2% | +71.2% |
| Bluestone Jewel | ₹834 | 226.3× | ₹12,745 Cr | 6.8% | +120.2% | +49.6% |
Screener's own peer group, from the request already made for the industry P/E. It serves the industry's largest names by market cap, not companies of a similar size, so treat this as context rather than a like-for-like table; this company is always shown. On a phone the price, size and sales columns are dropped rather than pushed off the edge. Not part of the score.
Business quality to Jun 2026
| Are the margins widening? | slightly narrower than 3 years earlier | operating margin 18% → 15% over 3 years |
|---|---|---|
| Did the profit turn into cash? | under half — much of the profit is tied up | 66% last year, 47% over three · free cash flow −₹1 cr, positive in 2 of 5 years |
| Is the growth borrowed? | lightly borrowed | ₹512 cr — 0.47× its own equity (was 0.50×) |
| Is it being collected? | collection is steady | 20 days to collect, down 0 in a year · cash cycle 192 days |
| Who has been buying? | the promoters have held steady | promoters 50.1% (−0.3 in a year), 50.2% → 50.1% over 2.8 years · FIIs 8.0% (−0.4) · DIIs 2.2% (+0.1) · shareholders 17,858 → 34,728 |
| What does it earn on its capital? | earns little on its capital | ROCE 11.7% · ROE 8.9% |
Fetched from the filings, not typed — and deliberately not part of the score. These are the questions the score cannot ask: it reads growth, price and trend, so a company can score well while its profit never becomes cash. Weigh these beside the note, not against the number.
Screener's own checklist not mine, not the score
In its favour
- Company is expected to give good quarter
- Company has delivered good profit growth of 73.6% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 38.4%
Against it
- Stock is trading at 4.38 times its book value
- Company has a low return on equity of 11.8% over last 3 years.
Generated by screener.in from a fixed checklist — not written by me and not an input to the score. It is here as a second machine opinion to weigh against the note; where it disagrees with the view above, the note is the considered one.