Kabra Extrusiontechnik Ltd (KETL) was incorporated in 1982 and is the flagship company of the Kolsite Group, recognized as one of the largest players in the Plastic Extrusion Machinery industry, known for its innovative offerings. The company specializes in manufacturing plastic extrusion machinery, including pipe, profile, and film extrusion lines, delivering high-performance extrusion solutions for manufacturing pipes and films. KETL serves diverse industries such as packaging, construction, and agriculture, providing advanced machinery for both domestic and international markets.
The company operates two manufacturing facilities located in Daman. Additionally, KETL ventured into the Lithium-ion battery packs business from FY21, under its 'Battrixx' division. Its product portfolio includes blown film lines, pipe extrusion lines, sheet extrusion lines, compounding lines, and auto feeding systems, boasting over 15,700 installations over the past six decades.
Kabra Extrusiontechnik operates through two main business divisions that significantly contribute to its overall revenue stream.
The Extrusion Machinery Division contributed 57% to revenue in FY24, an increase from 48% in FY23. This division focuses on manufacturing sophisticated plastic processing equipment, including blown film lines, pipe extrusion systems, sheet extrusion lines, and compounding equipment. The company's extensive track record of over 15,700 installations across six decades underscores its expertise in this segment.
The second major segment is the Battrixx division, which marks the company's strategic entry into the electric vehicle (EV) battery packs market. Operational since FY21, this division is dedicated to manufacturing advanced lithium-ion battery packs equipped with Battery Management Systems (BMS). Battrixx aims to power India's transition to green energy storage systems (ESS) and electric vehicles (EVs) transportation.
Kabra Extrusiontechnik reported for FY25 a revenue of ₹4,768 Mn, EBITDA of ₹497 Mn, and PAT of ₹322 Mn, showcasing growth in the extrusion machinery division. The company's trailing twelve-month operating revenue stands at Rs. 505.36 Cr. on a trailing 12-month basis. However, the company faced challenges with an annual revenue de-growth of -9%, indicating a need for improvement. The pre-tax margin of 7% is deemed acceptable, while the Return on Equity (ROE) of 7% is fair but also requires enhancement.
For Q4 FY25, the company reported mixed results. Net profit decreased by -42.91% compared to the same period last year, reaching ₹10.83 Cr in Q4 2024-2025. However, on a sequential basis, there was an improvement, with a quarterly growth of 53.84% in net profits since the last three months.
As of recent market data, the market capitalization of Kabra Extrusion Technik Ltd (KABRAEXTRU) is ₹947.76 Cr. The company maintains a healthy balance sheet with a reasonable debt-to-equity ratio of 1%, signaling a strong financial position. The company's return on equity stands at 7.90% over the last three years.
Key financial ratios include (as of Apr 24, 2025, unless specified):
- PE Ratio: 24.83
- PB Ratio: 0.46
- Book Value: ₹133
- ROCE: 7.90%
- ROE: 6.02%
The company declared a dividend of Rs 2.50 for Q4 & FY25 audited results. In the quarter ending March 2024, Kabra Extrusion Technik Ltd declared a dividend of ₹3.50, translating to a dividend yield of 2.58% at that time. The current dividend yield stands at 1.19% based on recent market prices.
Promoter Holding: 60.24% as per the latest available data (as of Mar 2025). Promoter holding in Kabra Extrusion Technik Ltd has remained stable at 60.24% from Jun 2024 to Mar 2025. This indicates a consistent promoter commitment to the company's long-term prospects.
The stock has shown significant volatility over the past year. The 52-week low for Kabra Extrusion Technik share price was Rs. 245.4, and the 52-week high was Rs. 590. Over the past six months, the Kabra Extrusion Technik share price has decreased by 34.73%, and in the last one year, it has decreased by 22.8%.
From a technical perspective, the stock is currently trading below its key moving averages. It needs to surpass these levels and sustain above them to make any meaningful upward movement. The company possesses strong fundamentals, evidenced by an EPS Rank of 92, which is considered a GREAT score indicating consistency in earnings. However, it faces challenges with market performance relative to its peers.
The company is led by experienced management, including Vice Chairman & Managing Director Anand S Kabra, who has actively commented on the company's performance and strategic direction. Anand Kabra stated: "The Company's focus on profitability and order book execution have started to yield results during the quarter."
Kabra Extrusiontechnik Ltd represents an established player in India's plastic extrusion machinery sector with growing interests in the electric vehicle battery market. While the company faces near-term challenges with revenue de-growth and margin pressures, its strong market position, healthy balance sheet, and diversification into the EV battery segment position it for potential future growth as these markets expand.
