Kotyark Industries Limited (KIL) is an India-based company primarily engaged in the manufacturing of biofuel. The Company focuses on renewable green energy and the sustainable development of renewable natural resources (biofuels) through technology adoption that enables the net reduction of greenhouse gas emissions for use in vehicles, public and private transport, various equipment, and Gen Sets.
The Company became India's first and only listed pure-play biodiesel manufacturing company through its IPO on NSE Emerge, raising ₹11.26 Crore in October 2021 by issuing 22,08,000 Equity Shares. Incorporated in 2016, Kotyark Industries Ltd represents a significant milestone in India's renewable energy sector.
The Company's products include BioDiesel, a liquid fuel technically known as a monoalkyl ester, made from oils and alcohols. It is also focused on processing crude glycerin, a by-product of biodiesel manufacturing, and has commenced refining crude glycerin to produce high-grade glycerin.
Its two production facilities are situated in Sirohi, Rajasthan, and Anand, Gujarat, respectively. These facilities have a combined daily production capacity of 1,600 KL of biodiesel and 210 KL of glycerin. The Company commissioned a 4 MT per day Glycerin Processing Plant in January 2023.
The Company's impact extends to various diesel-dependent sectors, including oil marketing companies, commercial transportation, and industrial operations. Kotyark Industries' sustainable approach to biofuel production positions it as a crucial player in India's renewable energy ecosystem.
For the trailing twelve months, the company reported revenue of ₹284 Cr and a profit of ₹14.1 Cr. An annual revenue growth of 139% is outstanding, with a healthy pre-tax margin of 11% and a good Return on Equity (ROE) of 15%. The company maintains a reasonable debt-to-equity ratio of 21%, signalling a healthy balance sheet.
As of July 2025, the Market Capitalization stands at ₹267 Cr, reflecting the company's position as a small-cap entity with significant growth potential. The company has shown strong operational performance with a trailing twelve months profit after tax of ₹22 Cr.
- Revenue (TTM): ₹284 Cr
- Profit (TTM): ₹14.1 Cr
- Market Capitalization: ₹267 Cr (as of July 2025)
- P/E Ratio: 22.19 times (as on 27-Jun-2025)
- P/B Ratio: 2.21 times (as on 27-Jun-2025)
- Dividend Yield: 2.87%
- ROCE: 13.6%
- ROE: 9.82%
- Debt to Equity Ratio: 21%
The stock is traded on NSE under the symbol KOTYARK and has demonstrated significant volatility. The company's 52-week high share price is ₹1,195.00, and the 52-week low share price is ₹256.35. Kotyark Industries announced that the Board of Directors, at its meeting held on October 29, 2024, recommended a dividend of ₹7.5 per equity share, showcasing the company's commitment to shareholder returns.
- Chairman: Gaurang Shah
- Managing Director: Gaurang Shah
- Promoter Holding: 67.76% (as of Mar 2025)
- Promoter Pledging: Nil
Promoter holding in Kotyark Industries Ltd increased to 67.76% as of March 2025 from 67.65% as of March 2024. There is no promoter pledging, indicating strong promoter confidence and financial stability.
- Amalgamation: In 2023-24, following the NCLT order dated 12.12.2023, Yamuna Bio Energy Private Limited was amalgamated with Kotyark Industries Ltd. The Scheme became effective on December 26, 2023. Consequently, on March 02, 2024, the Board of Directors issued and allotted 9,09,216 fully paid-up equity shares to eligible shareholders of Yamuna Bio Energy Private Limited, based on a share exchange ratio of 14:100.
- Subsidiary Incorporation: The company incorporated KOTYARK AGRO PRIVATE LIMITED as a wholly owned Subsidiary Company on July 7, 2022. This strategic expansion demonstrates the company's commitment to vertical integration within the biofuel value chain.
- Credit Rating: On July 3, 2025, Kotyark Industries was assigned IND BBB/Stable and IND A3 credit ratings for its Rs. 1000 million facilities, reflecting improved financial standing and creditworthiness.
- Investor Update: On May 26, 2025, Kotyark Industries presented an investor update on biodiesel production, capacities, and market opportunities, demonstrating active engagement and transparent disclosure.
Kotyark Industries continues to strengthen its position as India's premier biodiesel manufacturer, focusing on sustainable energy solutions and contributing significantly to the country's renewable energy goals while maintaining strong financial performance and operational efficiency.
