---
title: "Khaitan Electricals Ltd (KHAITANELE) — Share Price, Financials & Analysis"
symbol: "KHAITANELE"
company: "Khaitan Electricals Ltd"
canonical: "https://tapetide.com/stocks/KHAITANELE"
sector: "Consumer Discretionary"
industry: "Consumer Durables"
generated_at: "2026-09-13T19:03:43.068Z"
---

# Khaitan Electricals Ltd (KHAITANELE)

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

## Company

- **Sector:** Consumer Discretionary
- **Industry:** Consumer Durables
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** khaitan.com

## About

Khaitan Electricals Limited is an India-based company, which is engaged in domestic appliances and electric lighting equipment business.

## Latest Price

## Key Insights

### Strengths

- Debtor days have improved from 151 to 93.4 days.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -40.3% over past five years.
- Contingent liabilities of Rs.38.0 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 88% | 1% | — |
| revenue growth | -83% | -55% | -40% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 85.52 | 20.07 | 16.06 | 23.67 | 11.83 | 18.55 | 16.06 | 5.38 | 4.3 | 3.03 | -0.13 | 1.48 |
| Expenses | 133.81 | 36.92 | 77.15 | 87.54 | 115 | 26.45 | 77.15 | 10.95 | 13.65 | 12.69 | 1.94 | 10.48 |
| Operating Profit | -48.29 | -16.85 | -61.09 | -63.87 | -103.17 | -7.9 | -61.09 | -5.57 | -9.35 | -9.66 | -2.07 | -9 |
| OPM % | -56.47 | -83.96 | -380.39 | -269.84 | -872.1 | -42.59 | -380.39 | -103.53 | -217.44 | -318.81 | — | -608.11 |
| Other Income | 3.23 | 2.41 | 2.3 | 2.2 | -3.21 | 0.16 | 2.3 | 0.92 | 3.74 | 0.24 | 2.59 | 0.08 |
| Interest | 11.88 | 12.08 | 13.47 | 12.92 | 15.69 | 11.03 | 13.47 | 0.05 | 1.67 | 0.27 | 0.26 | 0.29 |
| Depreciation | 0.58 | 0.49 | 0.5 | 0.5 | 0.5 | 0.44 | 0.5 | 0.44 | 0.38 | 0.32 | 0.31 | 0.26 |
| Profit before tax | -57.52 | -27.01 | -72.76 | -75.09 | -122.57 | -19.21 | -72.76 | -5.14 | -7.66 | -10.01 | -0.05 | -9.47 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -57.52 | -27.01 | -72.75 | -75.09 | -122.57 | -19.21 | -72.75 | -5.14 | -7.66 | -10.01 | -0.05 | -9.47 |
| EPS in Rs | -50.02 | -23.49 | -63.26 | -65.3 | -106.58 | -16.7 | -63.26 | -4.47 | -6.66 | -8.7 | -0.04 | -8.23 |

### Profit & Loss

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 354 | 442 | 419 | 481 | 485 | 405 | 266 | 66 | 37 | 9 |
| Expenses | 332 | 414 | 408 | 455 | 471 | 420 | 325 | 311 | 73 | 39 |
| Operating Profit | 22 | 28 | 11 | 26 | 14 | -15 | -59 | -245 | -36 | -30 |
| OPM % | 6 | 6 | 2.6 | 5 | 3 | -3.7 | -22 | -373 | -99 | -347 |
| Other Income | 1 | 9 | 11 | 23 | 12 | 12 | 8 | 2 | 6 | 7 |
| Interest | 16 | 26 | 37 | 38 | 41 | 42 | 41 | 54 | 13 | 2 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 1 |
| Profit before tax | 6 | 9 | -17 | 9 | -17 | -48 | -95 | -299 | -46 | -27 |
| Tax % | 36 | 37 | -2 | 10 | -3 | 1 | 0 | 0 | 0 | — |
| Net Profit | 4 | 6 | -16 | 8 | -17 | -49 | -95 | -299 | -46 | -27 |
| EPS in Rs | 3.12 | 4.79 | -14.11 | 7.06 | -14.45 | -42.54 | -82.27 | -259.81 | -39.83 | -23.63 |
| Dividend Payout % | 0 | 31 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
| Reserves | 100 | 103 | 107 | 91 | 99 | 82 | 33 | -62 | -359 | -404 |
| Borrowings | 135 | 167 | 238 | 261 | 245 | 286 | 316 | 326 | 380 | 374 |
| Other Liabilities | 110 | 132 | 148 | 152 | 192 | 174 | 159 | 157 | 129 | 114 |
| Total Liabilities | 357 | 414 | 505 | 514 | 546 | 554 | 519 | 433 | 162 | 95 |
| Fixed Assets | 22 | 24 | 25 | 24 | 23 | 23 | 21 | 20 | 18 | 16 |
| CWIP | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 3 | 0 |
| Other Assets | 328 | 383 | 473 | 484 | 517 | 525 | 492 | 407 | 141 | 79 |
| Total Assets | 357 | 414 | 505 | 514 | 546 | 554 | 519 | 433 | 162 | 95 |

### Cash Flow

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

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -8 | -11 | -22 | 10 | 26 | 4 | -5 | 19 | 6 | 35 |
| Cash from Investing Activity | 15 | 5 | -14 | 10 | 31 | -2 | 4 | 11 | 4 | 8 |
| Cash from Financing Activity | -8 | 13 | 38 | -19 | -54 | -3 | -3 | -39 | -16 | -43 |
| Net Cash Flow | -1 | 7 | 1 | 1 | 3 | -2 | -4 | -8 | -5 | -1 |
| Free Cash Flow | -10 | -15 | -25 | 9 | 30 | 2 | -7 | 18 | 5 | 35 |
| CFO/OP | -70 | -49 | -77 | 108 | 102 | 42 | 27 | -32 | -3 | -96 |

### Ratios

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 212 | 184 | 184 | 163 | 158 | 120 | 117 | 128 | 230 | 93 |
| Inventory Days | 224 | 239 | 191 | 237 | 233 | 232 | 248 | 279 | 61 | 138 |
| Days Payable | 171 | 171 | 112 | 125 | 145 | 121 | 115 | 152 | 114 | 456 |
| Cash Conversion Cycle | 265 | 252 | 263 | 275 | 246 | 231 | 250 | 255 | 177 | -225 |
| Working Capital Days | 266 | 241 | 247 | 266 | 223 | 231 | 268 | 309 | -214 | -739 |
| ROCE % | 9 | 8 | 11 | 6 | 12 | 7 | -2 | -16 | -158 | -476 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Dec 2018 |
| --- | --- | --- | --- |
| Promoters | 55.17% | 55.17% | 55.17% |
| DIIs | 2.39% | 2.39% | 2.39% |
| Public | 42.44% | 42.44% | 42.44% |
| No. of Shareholders | 19336 | 19198 | 19262 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 55.17% | 55.17% | 55.17% | 55.17% | 55.17% | 55.17% | 55.17% | 55.17% | 55.17% | 55.17% | 55.17% |
| DIIs | 2.39% | 2.39% | 2.39% | 2.39% | 2.39% | 2.39% | 2.39% | 2.39% | 2.39% | 2.39% | 2.39% |
| Public | 42.44% | 42.44% | 42.44% | 42.44% | 42.44% | 42.44% | 42.44% | 42.44% | 42.44% | 42.44% | 42.44% |
| No. of Shareholders | 19082 | 19116 | 19122 | 19336 | 19149 | 19148 | 19193 | 19198 | 19197 | 19223 | 19262 |

## Technical Indicators

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

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 9 / 6 / 4

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 23.83 | Sell |
| EMA (10) | 23.31 | Sell |
| SMA (20) | 22.42 | Buy |
| EMA (20) | 22.55 | Sell |
| SMA (50) | 21.32 | Buy |
| EMA (50) | 21.45 | Buy |
| SMA (100) | 20.59 | Buy |
| EMA (100) | 20.83 | Buy |
| SMA (200) | 19.98 | Buy |
| EMA (200) | 20.63 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 51.31 | Neutral |
| MACD (12,26,9) | 0.95 | Sell |
| Stochastic (14,3,3) | 42.99 | Neutral |
| ADX (14) | 16.99 | Neutral |
| Williams %R (14) | -69.17 | Neutral |
| ATR (14) | 1.41 | High Volatility |
| ROC (12) | 1.72 | Buy |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 52.84 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| — | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP) 26 Aug 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f16ccbed-337b-48f0-9661-8c71d950fdf8.pdf) |
| — | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP) 26 Aug 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f16ccbed-337b-48f0-9661-8c71d950fdf8.pdf) |
| — | [Board Meeting Intimation for Meeting For Consideration Of Quarterly Accounts 20 Aug 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b187ad73-2333-476a-9fe5-334420bdab36.pdf) |
| — | [Board Meeting Intimation for Meeting For Consideration Of Quarterly Accounts 20 Aug 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b187ad73-2333-476a-9fe5-334420bdab36.pdf) |
| — | [Board Meeting Intimation for Please Refer Enclosure 1 Aug 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0ede0192-8e65-4776-b329-461f68d1b3fa.pdf) |
| — | [Board Meeting Intimation for Please Refer Enclosure 1 Aug 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0ede0192-8e65-4776-b329-461f68d1b3fa.pdf) |
| — | [Board Meeting Intimation for Please Refer Enclosed Letter 1 Jul 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8cc4d70c-3956-455c-b6f4-bfa5b850ff8f.pdf) |
| — | [Board Meeting Intimation for Please Refer Enclosed Letter 1 Jul 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8cc4d70c-3956-455c-b6f4-bfa5b850ff8f.pdf) |
| — | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP) 18 Jun 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=60d8159f-c412-491a-a51b-718f9c9cfd06.pdf) |
| — | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP) 18 Jun 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/60d8159f-c412-491a-a51b-718f9c9cfd06.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2011 from nse](https://archives.nseindia.com/annual_reports/AR_KHAITANELE_2010_2011_08082011062222.zip) |
| from nse | [Annual Report 2010 from nse](https://archives.nseindia.com/annual_reports/AR_KHAITANELE_2009_2010_18082010121500.zip) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/504269/5042690318.pdf) |
| from bse | [Annual Report 2017 from bse](http://www.bseindia.com/bseplus/AnnualReport/504269/5042690317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/504269/5042690316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/504269/5042690315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/504269/5042690314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/504269/5042690313.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport/504269/5042690312.pdf) |
| from bse | [Annual Report 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport/504269/5042690311.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 2026-09-13T19:03:43.068Z.