Kamdhenu Ltd
NSE:KAMDHENU
Kamdhenu Ltd
Kamdhenu Ltd. manufactures, distributes, and markets steel and paints. The company is headquartered in Gurgaon, Haryana and currently employs 900 full-time employees. The company went IPO on 2006-05-08. The firm is engaged in manufacturing, marketing, branding, and distribution of TMT Bars, structural steel, paints, and allied products under the brand name KAMDHENU. Its business activities include manufacturing of basic iron and steel, manufacture of structural metal products, manufacture of paints, varnishes, enamels or lacquers, manufacture of organic and inorganic chemical compounds. The Company’s products include Steel Products, TMT Bars, Structural Steel, Colour Coated Roofing Sheets, Paints, and Allied Products. The firm's brands include KAMDHENU NXT, KAMDHENU SS 10000, STRUCTURAL STEEL, KAMDHENU WIREBOND, KAMDHENU PIPES, COLOR COATED PPGI/PPGL SHEETS, PRE-ENGINEERED BUILDING and KAMDHENU PAINTS. The firm offers a range of paint products, including exterior and interior emulsions, water-based primers, wood finishes, aluminum paints, and textured and designer paints.
Kamdhenu Ltd. manufactures, distributes, and markets steel and paints. The company is headquartered in Gurgaon, Haryana and currently employs 900 full-time employees. The company went IPO on 2006-05-08. The firm is engaged in manufacturing, marketing, branding, and distribution of TMT Bars, structural steel, paints, and allied products under the brand name KAMDHENU. Its business activities include manufacturing of basic iron and steel, manufacture of structural metal products, manufacture of paints, varnishes, enamels or lacquers, manufacture of organic and inorganic chemical compounds. The Company’s products include Steel Products, TMT Bars, Structural Steel, Colour Coated Roofing Sheets, Paints, and Allied Products. The firm's brands include KAMDHENU NXT, KAMDHENU SS 10000, STRUCTURAL STEEL, KAMDHENU WIREBOND, KAMDHENU PIPES, COLOR COATED PPGI/PPGL SHEETS, PRE-ENGINEERED BUILDING and KAMDHENU PAINTS. The firm offers a range of paint products, including exterior and interior emulsions, water-based primers, wood finishes, aluminum paints, and textured and designer paints.
Steel Revenue Growth: Kamdhenu Limited's steel business posted FY '25 revenue of INR 748 crores, up 3% year-on-year, with strong performance despite construction sector headwinds.
Franchisee Expansion: Steel volumes from both own manufacturing and franchisees grew (5% and 6% respectively), and royalty income hit a record INR 139 crores (up 8% YoY). Capacity expansion is planned for the coming year.
Paints Under Pressure: Paints business faced a tough year with FY '25 revenue down to INR 266 crores and PAT dropping to INR 7 crores, amid stiff competition and softer demand.
Profitability Maintained: The steel segment remained profitable, with FY '25 PAT up 21% to INR 61 crores and strong margins; paints managed to stay profitable despite margin pressure.
Guidance & Outlook: Management expects 14% volume growth in steel for FY '26 and aims for 20–25% bottom-line growth over the next two years; paint business to focus on premium products and network expansion.
Capital Allocation: About INR 45 crores of newly raised funds have been invested in franchisee units and brand building; planned CapEx in paints will be modest (INR 10–15 crores).
