Minerva Capital Research Solutions

Kross

NSE: KROSSBSE: 544253
Compare with peers
₹ 296.00▲ 4.1 (+1.4%)28 Oct, 03:29 pm IST
Market cap
₹ 1,978 Cr.
P/E
28.5x
P/B
3.88x
52-week range
150.52 – 326.4
ROE
12%
ROCE
16%
Dividend yield
0%
Debt / equity
0.11
Sector
Auto Components
Industry
Auto Components & Equipments
Listed on
NSE, BSE

About

Kross Limited is an India-based diversified company focused on manufacturing and suppling trailer axle and suspension assembly and a range of forged and precision machined high performance safety critical parts for medium and heavy commercial vehicles (M&HCV) and farm equipment segments. Its product categories include tractor, truck and trailer. It is a specialist in manufacturing of safety critical components for M&HCV segment which include axle shafts, companion flanges, anti-roll bars and stabilizer bar assembly, suspension linkages, differential spiders, bevel gears, planet carriers, inter-axle kits, rear end spindles, pole wheels and wide variety of tractor components for the hydraulic lift arrangement, power take-off shafts and front axle spindles. Its customers include large original equipment manufacturers manufacturing M&HCV and tractors, tier one suppliers to the OEMs in the M&HCV segment domestic dealers and fabricators for its trailer axle and suspension business.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Auto Components & Equipments: 155 companies →

Kross against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)28.5 against a typical 26.6: pricier than most peers (1st = cheapest).83rd of 153
  • Sales growth+79.4% against a typical +20.7% from a year earlier.6th of 142
  • Profit growth+150% against a typical +15.3% from a year earlier.19th of 127
  • Share price, 3 months+47.2% against a typical −4.4%.8th of 142
  • Size₹ 1,978.2 Cr. market value against a typical ₹ 728 Cr. (1st = largest).48th of 138

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Adequate safety

Rated A by India Ratings
A
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
India RatingsIND A; IND A1Stable1 Jun 2026
CAREWithdrawn—4 Dec 2025
Credit rating actions
RatingDetails
1 Jun 2026
Reaffirmed
IND A—India Ratings₹ 129.45 Cr.
4 Dec 2025
Withdrawn
——CARE—

Board meetings

Results dates and other board meetings. Full calendar

Details
17 Oct 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended September 30, 2026 and other business matters
31 Aug 2026Fund Raising/Other business mattersTo consider raising of funds for augmenting the financial resources of the Company, by way of issue of equity Shares or Convertible Equity Warrants or through any permissible method as may be decided by the Board, subject to such regulatory / statutory approvals as may be required including the approval of shareholders of the Company for this purpose and any other Business Matter
24 Jul 2026Financial Results/Other business mattersTo consider and approve the unaudited financial results for the period ended Jun 30, 2026 and other business matters
12 May 2026Financial Results/Other business mattersBoard meeting scheduled to be held on Tuesday 12 May 2026 inter-alia to consider and approve the Audited financial results for the quarter and financial year ended March 31, 2026 and other business matters
29 Jan 2026Financial Results/Other business mattersThe meeting of the Board of Directors is schedules to be held on Thursday 29 January 2026 to consider and approve the financial results for the period ended December 31, 2025 and other business matters
14 Nov 2025Financial ResultsTo consider and approve the Unaudited financial results for the quarter and half-year period ended on September 30, 2025

Share price

1Y change +60.2%
Volume (shares)Price (₹)
Close price

Financials

Standalone figures in ₹ crore.

Quarterly results
₹ Cr.Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales149183146139150185139131177225184235
Expenses128156130121130158123116154192162204
Operating Profit212717182027161523342331
OPM %14%15%11%13%13%14%12%11%13%15%12%13%
Other Income010122210102
Interest444422222223
Depreciation122222222233
Profit before tax162211131825141219301827
Tax %26%27%31%29%24%31%23%32%27%25%25%27%
Net Profit1216810141711814221320
EPS in Rs2.152.891.421.492.112.661.661.252.173.482.063.05

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
30%
3 Years
11%
TTM
36%
Compounded Profit Growth
10 Years
—
5 Years
64%
3 Years
21%
TTM
40%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
—
TTM
—
Return on Equity
10 Years
—
5 Years
19%
3 Years
17%
TTM
—

Shareholding

Latest: Sep 2026.

Promoters
68.57%
+0.19 pts in a year
FIIs
3.37%
+1.06 pts in a year
DIIs
6.1%
−1.31 pts in a year
Public
21.97%
+0.08 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 28.5xEPS (12 months) ₹ 10.76Median P/E 25.7x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Kross₹ 296.00₹ 1,978 Cr.28.5x3.9x12%—
Samvardhana Motherson International₹ 151.00₹ 1,59,367 Cr.35.1x3.7x10.2%3.2%
Cummins India₹ 4,338.90₹ 1,20,274 Cr.62.3x17.8x29.5%19.5%
Bosch₹ 44,045.85₹ 1,29,918 Cr.51.3x8.1x19.4%13.8%
UNO Minda₹ 1,052.00₹ 60,749 Cr.54.8x9.8x19.1%6.5%
Sona Blw Precision Forgings₹ 752.80₹ 46,984 Cr.64.6x7.3x11.2%14.1%

Management

Sudhir Rai
Executive Chairman of the Board and Managing Director
Kunal Rai
Whole-Time Director - Finance and Chief Financial Officer
Debolina Karmakar
Company Secretary and Compliance Officer
Anita Rai
Whole-Time Director
Sumeet Rai
Whole-Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.