Kingfa Science & Technology (India) Limited is a prominent Indian company specializing in the manufacturing and supply of advanced materials. Its core business revolves around reinforced polypropylene compounds, thermoplastic elastomers, fiber-reinforced composites, and personal protective equipment (PPE) such as masks and gloves. Established in 1983 and headquartered in Pune, India, the company operates as a subsidiary of the globally recognized M/s Kingfa Science & Technology Co. Ltd, China.
Formerly known as Hydro S&S Industries Limited, the company rebranded to Kingfa Science & Technology (India) Limited in March 2016. It operates primarily through a single segment focused on Reinforced Polypropylene, solidifying its position as a key player in the engineering plastics industry.
Kingfa Science & Technology boasts a diverse product portfolio catering to a wide array of industrial applications. The company's operations are broadly divided into Polymer Compounding and Personal Protective Equipment (PPE).
Within its Polymer Compounding division, Kingfa manufactures:
- Reinforced polypropylene compounds
- Thermoplastic elastomers (under the HYPRENE brand name)
- POM and LFT products
- Fiberglass honeycomb composite panels
- Polypropylene products
- PA6/PA66 products
- Engineering plastics compounds
- High-temperature resistant nylon/LCP
These advanced materials, particularly the reinforced polypropylene compounds, are engineered to serve as effective metal substitutes, showcasing the company's commitment to innovation in material science.
The PPE division offers a range of safety products, including:
- Respiratory Protection (MFR)
- Respiratory Protection (Reusable)
- Hand Protection
- Eye Protection
In FY24, the PPE segment expanded its offerings with new safety products for the Indian market and commenced trading in Nitrile gloves, demonstrating responsiveness to evolving market demands. The company strategically serves key industries such as automotive, consumer products, healthcare, and general industrial applications.
For the full financial year ending March 2025, Kingfa Science & Technology (India) Ltd reported robust financial growth:
- Net Profit: ₹152.86 crore, an increase of 24.76% compared to ₹122.52 crore in FY24.
- Sales Revenue: ₹1,744.69 crore, a rise of 17.27% from ₹1,487.72 crore in FY24.
The company has demonstrated consistent growth across its quarterly results:
- Q4 FY25 (March 2025):
- Net Profit: ₹41.90 crore (up 24.89% from ₹33.55 crore in Q4 FY24)
- Sales: ₹469.55 crore (up 16.10% from ₹404.42 crore in Q4 FY24)
- Q3 FY25 (December 2024):
- Net Profit: ₹34.63 crore (up 42.33% from ₹24.33 crore in Q3 FY24)
- Sales: ₹440.37 crore (up 11.82% from ₹393.81 crore in Q3 FY24)
- Q2 FY25 (September 2024):
- Net Profit: ₹37.26 crore (up 25.88% from ₹29.60 crore in Q2 FY24)
- Sales: ₹418.33 crore (up 19.24% from ₹350.83 crore in Q2 FY24)
- Q1 FY25 (June 2024):
- Net Profit: ₹39.07 crore (up 11.50% from ₹35.04 crore in Q1 FY24)
- Sales: ₹416.44 crore (up 22.97% from ₹338.66 crore in Q1 FY24)
- Revenue: ₹1,745 Crore
- Net Profit: ₹153 Crore
- EPS: ₹126.22
- Dividend Yield: 0.30%
As of July 2025, Kingfa Science & Technology (India) Ltd holds a market capitalization of ₹4,314 Crore, establishing it as a Small Cap company according to Value Research classification. The company has exhibited an impressive growth trajectory, with profit growth averaging 44.1% CAGR over the last five years.
Valuation Metrics:
- P/E Ratio: 32.67
- P/B Ratio: 6.80
- 52-Week High: ₹3,954
- 52-Week Low: ₹1,804.25
The company benefits from a strong promoter holding of 75.0%, signifying high confidence from its major stakeholders. Kingfa Science & Technology (India) Ltd is also substantially debt-free, reflecting a sound balance sheet and robust financial stability.
The company upholds strong corporate governance standards, ensuring transparency through regular regulatory filings and investor communications. The Annual Secretarial Compliance Report for the fiscal year ended March 31, 2025, reaffirms the company's commitment to regulatory compliance and ethical business practices.
Kingfa Science & Technology (India) actively engages in export operations, allowing it to compete effectively in international markets and diversify its revenue streams. This global footprint enables the company to capitalize on opportunities across various geographical regions, mitigating dependence on any single market.
As a subsidiary of a Chinese parent company, Kingfa Science & Technology (India) benefits from access to global technological advancements and best practices. Simultaneously, it maintains a strong local market focus, ensuring a deep understanding of the specific requirements of its Indian clientele.
