KRBL Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹7,903 Cr
- P/E
- 10.42
- ROE
- 11.73%
- PEG
- -4.02
- Price to sales
- 1.31
- Debt to equity
- 0.03
- 52W high / low
- ₹447 / ₹279
- Sales growth (5Y)
- 8.84%
- EBITDA margin
- 16.51%
- Net profit margin
- 10.63%
- Promoter holding
- 60.17%
- Sales (last year)
- ₹6,009 Cr
KRBL is worlds leading basmati rice producer and has fully integrated operations in every aspect of basmati value chain, right from seed development, contract farming, procurement of paddy, storage, processing, packaging, branding and marketing.(Source : 202003 Annual Report Page No:181)
Guidance scorecard · Q1 FY27 call
What KRBL Ltd's management guided
and where it ranks in Agricultural Food & other Products
Agricultural Food & other Products
RevenueQ1 FY27 call
10–20%- Domestic volume growth target: Approximately 10% year-on-year for FY27 and the next 2-3 years.
- Regional rice sales growth: 25% growth targeted for the current year, aligned with Q1 performance.
- Consumer pack business in India: Positive growth trend supported by improved GTMs and governance.
- Bulk pack volumes: Expected to normalize in Q2 and Q3 after a Q1 dip due to postponed purchases.
- Export growth: Expect meaningful export growth for the full year with volumes recovering progressively from Q2 onwards.
- Masala portfolio: Targeting an annualized revenue run rate of approximately INR 25 crores by end of FY27, up from INR 9 crores in Q1.
2 more points from KRBL Ltd's call on revenue
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MarginsQ1 FY27 call
Up 0–2%See what KRBL Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- Investment in building the India Gate brand with long-term brand-building marketing campaigns.
- Scaling up of regional rice varieties, especially in quick commerce, indicating potential supply chain and distribution investments.
- Emphasis on supply chain remodeling to improve fill rates and service levels.
- Search for a suitable distributor in Saudi Arabia, suggesting strategic market entry and partnership investments.
FundraisingQ1 FY27 call
See what KRBL Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Rising- KRBL has an existing order book for exports, but shipments have been constrained due to logistical and geopolitical issues, especially in the Middle East region.
- Export volumes are expected to progressively recover starting from Q2 2027 as shipping lanes stabilize.
- Demand from customers remains intact despite volume shocks caused by logistics, not buyer demand.
- The company is awaiting improvement in Middle East routes and peace in the region, particularly regarding Saudi Arabia distribution.
2 more points from KRBL Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Agricultural Food & other Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Agricultural Food & other Products companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 0–2% | ₹911 Cr | 14.0 | |
| 2 | 40%+ | Up 0–2% | ₹129 Cr | 7.0 | |
| 3 | 40%+ | Flat | ₹23 Cr | 9.5 | |
| 4 | 20–40% | Up 2%+ | ₹219 Cr | 15.0 | |
| 5 | 20–40% | Up 2%+ | ₹190 Cr | 17.9 | |
| 6 | 20–40% | Up 0–2% | ₹2,595 Cr | 33.0 |
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Pro shows every company guiding 40%+ revenue growth →Full Agricultural Food & other Products rankingFinancials of KRBL Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of KRBL Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,280 | 1,414 | 1,214 | 1,438 | 1,318 | 1,199 | 1,270 | 1,682 | 1,442 | 1,584 | 1,511 | 1,477 | 1,526 |
| Expenses + | 1,136 | 1,163 | 1,020 | 1,260 | 1,140 | 1,082 | 1,148 | 1,487 | 1,219 | 1,392 | 1,285 | 1,248 | 1,296 |
| Operating Profit | 144 | 252 | 195 | 178 | 178 | 117 | 123 | 195 | 224 | 193 | 226 | 229 | 229 |
| OPM % | 11% | 18% | 16% | 12% | 14% | 10% | 10% | 12% | 16% | 12% | 15% | 15% | 15% |
| Other Income + | 43 | 27 | 33 | 28 | 9 | 22 | 36 | 8 | 11 | 32 | 30 | 25 | 8 |
| Interest | 8 | 1 | 1 | 7 | 14 | 5 | 1 | 1 | 8 | 1 | 1 | 1 | 4 |
| Depreciation | 19 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 21 | 22 | 23 | 23 | 23 |
| Profit before tax | 160 | 257 | 207 | 179 | 153 | 114 | 138 | 182 | 207 | 202 | 233 | 229 | 210 |
| Tax % | 26% | 24% | 26% | 25% | 25% | 24% | 25% | 27% | 25% | 25% | 26% | 26% | 26% |
| Net Profit + | 118 | 195 | 153 | 134 | 114 | 87 | 103 | 133 | 154 | 151 | 172 | 170 | 155 |
| EPS in Rs | 5.01 | 8.27 | 6.70 | 5.85 | 4.98 | 3.78 | 4.49 | 5.79 | 6.74 | 6.58 | 7.52 | 7.43 | 6.79 |
Financials of KRBL Ltd
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 3,143 | 3,360 | 3,145 | 3,246 | 4,120 | 4,499 | 3,992 | 4,211 | 5,365 | 5,385 | 5,594 | 6,098 |
| Expenses + | 2,617 | 2,913 | 2,502 | 2,472 | 3,271 | 3,629 | 3,170 | 3,549 | 4,425 | 4,582 | 4,919 | 5,196 |
| Operating Profit | 526 | 447 | 644 | 774 | 850 | 870 | 822 | 662 | 939 | 802 | 674 | 902 |
| OPM % | 17% | 13% | 20% | 24% | 21% | 19% | 21% | 16% | 18% | 15% | 12% | 15% |
| Other Income + | 2 | 61 | 10 | 18 | 15 | 23 | 23 | 43 | 92 | 97 | 61 | 70 |
| Interest | 81 | 67 | 55 | 69 | 68 | 62 | 24 | 13 | 15 | 24 | 15 | 8 |
| Depreciation | 53 | 50 | 61 | 68 | 64 | 73 | 72 | 74 | 76 | 79 | 81 | 91 |
| Profit before tax | 394 | 391 | 538 | 655 | 733 | 758 | 749 | 617 | 941 | 796 | 640 | 873 |
| Tax % | 18% | 25% | 26% | 34% | 31% | 26% | 25% | 26% | 26% | 25% | 26% | 26% |
| Net Profit + | 322 | 293 | 399 | 434 | 503 | 558 | 559 | 459 | 701 | 596 | 476 | 648 |
| EPS in Rs | 13.67 | 12.45 | 16.97 | 18.46 | 21.37 | 23.71 | 23.74 | 19.52 | 29.78 | 26.03 | 20.80 | 28.31 |
| Dividend Payout % | 12% | 15% | 12% | 12% | 12% | 12% | 15% | 18% | 3% | 15% | 17% | 0% |
Financials of KRBL Ltd
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 23 | 23 | 23 |
| Reserves | 1,301 | 1,475 | 1,884 | 2,264 | 2,703 | 3,104 | 3,669 | 4,047 | 4,669 | 4,835 | 5,217 | 5,784 |
| Borrowings + | 1,351 | 1,167 | 1,090 | 1,245 | 1,428 | 572 | 369 | 145 | 250 | 545 | 407 | 170 |
| Other Liabilities + | 390 | 315 | 425 | 324 | 481 | 724 | 566 | 533 | 648 | 525 | 579 | 622 |
| Total Liabilities | 3,066 | 2,981 | 3,422 | 3,858 | 4,636 | 4,423 | 4,628 | 4,748 | 5,591 | 5,927 | 6,226 | 6,598 |
| Fixed Assets + | 640 | 765 | 1,013 | 982 | 941 | 979 | 947 | 924 | 899 | 903 | 922 | 1,333 |
| CWIP | 114 | 100 | 2 | 2 | 1 | 12 | 9 | 2 | 16 | 13 | 21 | 14 |
| Investments | 7 | 13 | 10 | 9 | 8 | 6 | 19 | 21 | 31 | 115 | 351 | 860 |
| Other Assets + | 2,306 | 2,103 | 2,397 | 2,864 | 3,687 | 3,425 | 3,653 | 3,801 | 4,645 | 4,896 | 4,932 | 4,391 |
| Total Assets | 3,066 | 2,981 | 3,422 | 3,858 | 4,636 | 4,423 | 4,628 | 4,748 | 5,591 | 5,927 | 6,226 | 6,598 |
Financials of KRBL Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 337 | 510 | 258 | 61 | -115 | 1,212 | 384 | 561 | -360 | 224 | 961 | 933 |
| Cash from Investing Activity + | -231 | -174 | -208 | -49 | 20 | -54 | -12 | -206 | 206 | -85 | -523 | -298 |
| Cash from Financing Activity + | -147 | -332 | -74 | 25 | 59 | -1,148 | -227 | -322 | 5 | -157 | -252 | -353 |
| Net Cash Flow | -42 | 4 | -23 | 37 | -35 | 10 | 145 | 32 | -149 | -18 | 186 | 281 |
| Free Cash Flow | 105 | 338 | 51 | 24 | -136 | 1,182 | 343 | 520 | -419 | 141 | 866 | 866 |
| CFO/OP | 79% | 136% | 57% | 32% | 12% | 161% | 71% | 111% | -11% | 54% | 163% | 130% |
Financials of KRBL Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 39 | 17 | 27 | 28 | 35 | 19 | 18 | 25 | 19 | 21 | 31 | 28 |
| Inventory Days | 283 | 248 | 331 | 415 | 395 | 323 | 392 | 336 | 404 | 425 | 358 | 307 |
| Days Payable | 24 | 20 | 42 | 19 | 28 | 43 | 29 | 22 | 12 | 12 | 14 | 12 |
| Cash Conversion Cycle | 299 | 245 | 316 | 424 | 402 | 298 | 382 | 339 | 412 | 433 | 375 | 323 |
| Working Capital Days | 89 | 91 | 120 | 155 | 163 | 167 | 228 | 234 | 260 | 264 | 234 | 266 |
| ROCE % | 19% | 17% | 21% | 22% | 21% | 21% | 20% | 15% | 21% | 16% | 12% | 15% |
Guidance history
How KRBL Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 10–20% | Up 0–2% | Planned | — | Rising |
| Q4 FY26 call → | 10–20% | Flat | Planned | — | — |
| Q3 FY26 call → | 10–20% | Up 2%+ | Planned | — | — |
| Q2 FY26 call → | 10–20% | Flat | Planned | None planned | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
26 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −8.6% | 52% |
| Last 6 months | −6.0% | 46% |
| Last 3 months | −1.7% | 64% |
The price is 47.8% below its all-time high of ₹660.95 (3 Nov 2017). Stocks more than 20% below their peak have their score halved, so 52 became 26.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For KRBL Ltd: 0.4 × 52 + 0.4 × 46 + 0.2 × 64 = 52, halved to 26 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What KRBL Ltd's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q1 FY26 earnings call →
- Q1 FY26 earnings call →
- Q3 FY25 earnings call →
- Q2 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
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