Kalpa Commercial Limited

BSE: KALPACOMME · Trading & Distributors

52W Range₹7 ₹16

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Snapshot

Unlock Kalpa Commercial Limited's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Kalpa Commercial Limited is an Indian non-banking financial company (NBFC) that focuses on investment in shares and securities. The firm also provides short-term and long-term loans and advances to corporate and individual clients.

Business Model

The company generates revenue through capital market operations, interest income from lending activities, and capital appreciation from its financial asset portfolio.

Management Commentary

Management focuses on identifying strategic investment opportunities while maintaining sufficient liquidity to support its lending operations and regulatory compliance.

Growth Outlook

Growth is driven by participation in equity market activities and catering to specific credit requirements within the domestic financial services sector.

Key Risks

  • Market Volatility. The company's financial performance is highly sensitive to fluctuations in equity markets and asset valuations.
  • Credit Risk. The firm faces potential losses if corporate or individual borrowers default on their loan obligations.
  • Regulatory Risk. As an NBFC, the company is subject to stringent and evolving oversight by the Reserve Bank of India and SEBI.
  • Liquidity Risk. Maintaining adequate liquidity to meet lending commitments and operational requirements is essential for the company's niche business model.

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Key Metrics

REVENUE

₹2 Cr

TTM · standalone

+254.5%YoY

NET PROFIT

₹-0.38 Cr

TTM · standalone

+89.6%YoY

EPS

₹-0.38

TTM · standalone

+87.7%YoY

RETURN ON EQUITY

-1.5%

TTM · standalone

+10.1 ppYoY

RETURN ON CAPITAL EMPLOYED

-1.3%

TTM · standalone

+10.2 ppYoY

P/E

-21.1x

Q3 FY25 · standalone

-21.1 vs -18.5x5Y avg

EV/EBITDA

-38.1x

Q3 FY25 · standalone

-38.1 vs -38.7x5Y avg

EBITDA MARGIN

-20.5%

TTM · standalone

+802.2 ppYoY

DEBT TO EQUITY

0.2x

Q4 FY25 · standalone

+0.14xYoY

Peers · Trading & Distributors

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Kalpa Commercial LimitedKALPACOMME
₹8 Cr-19.37-36.00254.5%-20.5%-1.5%-1.3%-35.3%
Veritas (India)VERITAS
₹445 Cr8.637.06-24.1%3.9%1.9%2.7%-55.4%
Kothari ProductsKOTHARIPRO
₹407 Cr179.58-12.12-18.3%-5.1%-0.2%-2.3%-9.8%
Rotographics (India) LimitedRGIL
₹404 Cr94.62326.544987.7%3.0%12.6%17.2%
Polo Queen Industrial and Fintech LimitedPQIF
₹333 Cr141.7164.71-5.7%7.0%1.3%2.5%-79.1%
Constronics Infra Ltd.CONSTRONIC
₹61 Cr5.5%-24.7%

As of Q3 FY25

Financials