---
title: "Karnataka Welding Products Ltd (504295) — Share Price, Financials & Analysis"
symbol: "504295"
company: "Karnataka Welding Products Ltd"
canonical: "https://tapetide.com/stocks/504295"
bse_code: "504295"
generated_at: "2026-10-13T11:01:37.201Z"
---

# Karnataka Welding Products Ltd (504295)

Canonical page: https://tapetide.com/stocks/504295

## Company

- **BSE Code:** 504295
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Karnataka Welding Products is engaged in the manufacture of other special purpose machinery, equipment n.e.c. including part and accessories.

## Latest Price

## Key Insights

### Weaknesses

- Company has a low return on equity of 2.13% over last 3 years.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 200% | -18% | 19% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 7.01 | 8.18 | 6.09 | 9.23 | 11.03 | 31.26 | 29.66 | 20.83 | 21.95 |
| Expenses | 5.53 | 10.55 | 8.64 | 11.33 | 11.19 | 24.73 | 30.2 | 25.39 | 12.99 |
| Operating Profit | 1.48 | -2.37 | -2.55 | -2.1 | -0.16 | 6.53 | -0.54 | -4.56 | 8.96 |
| OPM % | 21.11 | -28.97 | -41.87 | -22.75 | -1.45 | 20.89 | -1.82 | -21.89 | 40.82 |
| Other Income | 0.02 | 0.8 | 0 | 0.54 | 0.22 | 1.19 | 0.62 | 1.39 | 0.89 |
| Interest | 0.02 | 0.04 | 0.02 | 0.02 | 0.19 | 0.42 | 0.29 | 0.19 | 0.45 |
| Depreciation | 0.22 | 0.13 | 0.2 | 0.2 | 0.26 | 0.5 | 0.52 | 0.22 | 0.33 |
| Profit before tax | 1.26 | -1.74 | -2.77 | -1.78 | -0.39 | 6.8 | -0.73 | -3.58 | 9.07 |
| Tax % | 28.57 | -22.41 | 0 | 0.56 | 5.13 | 7.94 | 24.66 | -1.68 | 13.45 |
| Net Profit | 0.9 | -1.34 | -2.77 | -1.79 | -0.41 | 6.26 | -0.91 | -3.53 | 7.86 |
| EPS in Rs | 0.54 | -0.8 | -1.65 | -1.07 | -0.24 | 3.73 | -1.2 | -1.47 | 4.56 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.34 | 0.43 | 0.06 | 0.04 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.72 | 0.45 | 0.19 | 0.15 | 0.35 | 0.04 | 0.1 | 0.13 | 0.11 | 0.09 |
| Operating Profit | -0.38 | -0.02 | -0.13 | -0.11 | -0.35 | -0.04 | -0.1 | -0.13 | -0.11 | -0.09 |
| OPM % | -111.76 | -4.65 | -216.67 | -275 | — | — | — | — | — | — |
| Other Income | 0.78 | 0.21 | 0.29 | 0.33 | 0.69 | 0.3 | 0.33 | 0.25 | 0.21 | 0.22 |
| Interest | 0 | 0 | 0 | 0.04 | 0.1 | 0.05 | 0.03 | 0 | 0 | 0.01 |
| Depreciation | 0.08 | 0.1 | 0.12 | 0.12 | 0.12 | 0.11 | 0.1 | 0.09 | 0.08 | 0.07 |
| Profit before tax | 0.32 | 0.09 | 0.04 | 0.06 | 0.12 | 0.1 | 0.1 | 0.03 | 0.02 | 0.05 |
| Tax % | 21.88 | 33.33 | -25 | 16.67 | -25 | 0 | -10 | 0 | 0 | -40 |
| Net Profit | 0.25 | 0.06 | 0.05 | 0.05 | 0.15 | 0.1 | 0.11 | 0.04 | 0.02 | 0.06 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | 0.36 | 0.38 | 0.43 | 0.48 | 0.63 | 0.73 | 0.84 | 0.88 | 0.89 | 0.9 |
| Borrowings | 0 | 0 | 0 | 0.76 | 0.92 | 0 | 0 | 0 | 0.8 | 1.2 |
| Other Liabilities | 0.29 | 0.49 | 0.57 | 0.5 | 0.12 | 0.45 | 0.38 | 0.37 | 0.37 | 0.05 |
| Total Liabilities | 1.65 | 1.87 | 2 | 2.74 | 2.67 | 2.18 | 2.22 | 2.25 | 3.06 | 3.15 |
| Fixed Assets | 1.02 | 1.26 | 1.28 | 1.27 | 1.15 | 1.04 | 0.95 | 0.86 | 0.78 | 0.65 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0.63 | 0.61 | 0.72 | 1.47 | 1.52 | 1.14 | 1.27 | 1.39 | 2.28 | 2.5 |
| Total Assets | 1.65 | 1.87 | 2 | 2.74 | 2.67 | 2.18 | 2.22 | 2.25 | 3.06 | 3.15 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.05 | 0.28 | 0.32 | -0.62 | 0.19 | 0.11 | 0.11 | -27.38 | 0.24 | -0.17 |
| Cash from Investing Activity | 0.1 | -0.34 | -0.14 | -0.1 | 0 | 0 | 0 | 0 | -0.73 | -0.11 |
| Cash from Financing Activity | -0.1 | -0.02 | -0.17 | 0.76 | -0.24 | -0.08 | -0.13 | 23.64 | 0.8 | 0.47 |
| Net Cash Flow | 0.05 | -0.08 | 0.01 | 0.04 | -0.05 | 0.03 | -0.02 | -3.74 | 0.32 | 0.19 |
| Free Cash Flow | 0.15 | -0.06 | 0.18 | -0.72 | 0.19 | 0.11 | 0.11 | -27.38 | 0.24 | -0.17 |
| CFO/OP | -13 | -1400 | -246 | 564 | -54 | -275 | -110 | 21062 | -218 | 189 |

### Ratios

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 182.5 | 152.79 | 1642.5 | 1003.75 | — | — | — | — | — | — |
| Inventory Days | 215.68 | 222.17 | 365 | 1642.5 | — | — | — | — | — | — |
| Days Payable | 232.27 | 111.09 | 811.11 | 2007.5 | — | — | — | — | — | — |
| Cash Conversion Cycle | 165.91 | 263.88 | 1196.39 | 638.75 | — | — | — | — | — | — |
| Working Capital Days | 268.38 | 118.84 | 912.5 | 8577.5 | — | — | — | — | — | — |
| ROCE % | 0 | 6.57 | 2.85 | 5.45 | -2.92 | 7.01 | 7.28 | 1.61 | 0.88 | 2.07 |

## Shareholding Pattern

### annual

| Category | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 43.3% | 43.31% | 29.68% | 29.68% | 29.68% |
| Public | 56.7% | 56.69% | 70.31% | 70.32% | 70.31% |
| No. of Shareholders | 637 | 15969 | 13806 | 12156 | 11113 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 43.31% | 43.31% | 29.68% | 29.68% | 29.68% | 29.68% | 29.68% | 29.68% | 29.68% | 29.68% | 29.68% | 29.68% |
| Public | 56.69% | 56.69% | 70.32% | 70.31% | 70.31% | 70.31% | 70.32% | 70.32% | 70.32% | 70.32% | 70.33% | 70.31% |
| No. of Shareholders | 15969 | 15501 | 14728 | 14280 | 13806 | 13364 | 12894 | 12677 | 12156 | 11833 | 11385 | 11113 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 7 / 1

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 5451.5 | Buy |
| EMA (10) | 5420.88 | Buy |
| SMA (20) | 5371.63 | Buy |
| EMA (20) | 5382.15 | Buy |
| SMA (50) | 5289.83 | Buy |
| EMA (50) | 5255.88 | Buy |
| SMA (100) | 5005.22 | Buy |
| EMA (100) | 5098.48 | Buy |
| SMA (200) | 4909.65 | Buy |
| EMA (200) | 4947.62 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 54.53 | Neutral |
| MACD (12,26,9) | 55.38 | Sell |
| Stochastic (14,3,3) | 57.41 | Neutral |
| ADX (14) | 13.61 | Neutral |
| Williams %R (14) | -33.79 | Neutral |
| ATR (14) | 234.22 | High Volatility |
| ROC (12) | 5.45 | Buy |
| Stoch RSI (14) | 53.81 | Neutral |
| UO (7,14,28) | 56.15 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-26 | [Disclosures Under Regulation 29(1) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0eb592a7-5423-4b6f-80db-ab686edbe202.pdf) |
| 2026-02-26 | [Disclosures Under Regulation 29(1) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3f20136b-fe18-4c6d-806f-c4d7bd59256f.pdf) |
| 2026-02-26 | [Disclosures Under Regulation 29(1)Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7eef7a70-e0f8-445a-bda8-030d35737d27.pdf) |
| 2026-02-26 | [Disclosures Under Regulation 29(1) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8df4f691-22cc-4649-a0a9-bec9c504fa65.pdf) |
| 2026-02-24 | [Announcement under Regulation 30 (LODR)-Allotment](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8a63084b-561f-4ede-a62d-d3f941db98e4.pdf) |
| 2026-02-24 | [Board Meeting Outcome for Outcome Of The Board Meeting As Per Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/83306866-c15d-482b-9bc0-87495bcee721.pdf) |
| 2026-02-23 | [Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Intimation Of Fine Levied By Stock Exchange(S)](https://www.bseindia.com/xml-data/corpfiling/AttachLive/04822799-b010-47df-ad03-b69e841dd8f5.pdf) |
| 2026-02-16 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bd4c8716-48a4-4902-850c-cc7572cd3a4a.pdf) |
| 2026-02-14 | [Board Meeting Outcome for Submission Of Outcome Of The Board Meeting Held On14.02.2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cdcf587f-98fc-41de-90fa-a1177bdb3e49.pdf) |
| 2026-02-14 | [Un-Audited Financial Results As Per Regulation 33 Of The SEBI (LODR) Regulations, 2015.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/08fd2d8d-1388-4540-98be-b59fcbffc5e3.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c512bc89-6e0a-466f-ac93-e9d9846b6082.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0977eb99-8793-4207-8ded-575aa8af3955.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0cb13e04-23f5-4197-a97d-95da83be29b8.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/543341/74492543341.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/543341/72469543341.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/543341/71672543341.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:01:37.201Z.