---
title: "Kundan Minerals & Metals Ltd (KUNDANMM) — Share Price, Financials & Analysis"
symbol: "KUNDANMM"
company: "Kundan Minerals & Metals Ltd"
canonical: "https://tapetide.com/stocks/KUNDANMM"
isin: "INE889B01016"
nse_symbol: "KUNDANMM"
bse_code: "507528"
sector: "Fast Moving Consumer Goods"
industry: "Agricultural Food & other Products"
generated_at: "2026-09-13T19:03:41.204Z"
---

# Kundan Minerals & Metals Ltd (KUNDANMM)

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

## Company

- **NSE Symbol:** KUNDANMM
- **BSE Code:** 507528
- **ISIN:** INE889B01016
- **Sector:** Fast Moving Consumer Goods
- **Industry:** Agricultural Food & other Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2009-04-23
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** easternsugar.in

## About

Eastern Sugar & Industries predominantly operates in the Sugar and Confectionery Production sector. The company`s main activity is to manufacture white crystal sugar and molasses.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.01 times its book value
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 94.1%

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | -3% |
| revenue growth | 26% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1 | 2 | 46 | 1550 | 2679 | 151 | 33 | 3149 | 1424 | 952 |
| Expenses | 1 | 3 | 47 | 1476 | 2597 | 142 | 46 | 3020 | 1411 | 924 |
| Operating Profit | 0 | -1 | 0 | 74 | 82 | 9 | -13 | 130 | 13 | 28 |
| OPM % | -0.8 | -54 | -0.9 | 4.8 | 3.1 | 6 | -38 | 4.1 | 0.9 | 3 |
| Other Income | -53 | 0 | 0 | 5 | 8 | 2 | 1 | 1 | 1 | 6 |
| Interest | 0 | 0 | 0 | 6 | 7 | 3 | 2 | 1 | 2 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | -53 | -1 | -1 | 73 | 82 | 8 | -14 | 128 | 11 | 32 |
| Tax % | 0 | 0 | 0 | 4 | 26 | 33 | -17 | 17 | 27 | 16 |
| Net Profit | -53 | -1 | -1 | 70 | 60 | 5 | -11 | 106 | 8 | 27 |
| EPS in Rs | -18.13 | -0.43 | -0.35 | 23.94 | 20.73 | 1.81 | -3.87 | 36.32 | 2.9 | 9.25 |

### Profit & Loss

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

| Item | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- |
| Sales | 1 | 4277 | 4757 | 5559 |
| Expenses | 1 | 4123 | 4618 | 5400 |
| Operating Profit | 0 | 154 | 139 | 158 |
| OPM % | -6 | 3.6 | 2.9 | 2.9 |
| Other Income | -53 | 12 | 6 | 10 |
| Interest | 0 | 13 | 8 | 6 |
| Depreciation | 0 | 1 | 3 | 4 |
| Profit before tax | -53 | 152 | 134 | 158 |
| Tax % | 0 | 16 | 19 | — |
| Net Profit | -53 | 128 | 108 | 130 |
| EPS in Rs | -18.16 | 43.89 | 37.16 | 44.6 |
| Dividend Payout % | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Equity Capital | 6 | 6 | 6 |
| Reserves | -4 | 123 | 232 |
| Borrowings | 0 | 91 | 298 |
| Other Liabilities | 32 | 17 | 296 |
| Total Liabilities | 34 | 237 | 832 |
| Fixed Assets | 14 | 47 | 56 |
| CWIP | 10 | 7 | 1 |
| Investments | 0 | 0 | 3 |
| Other Assets | 10 | 183 | 772 |
| Total Assets | 34 | 237 | 832 |

### Cash Flow

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

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Cash from Operating Activity | 5 | 45 | -250 |
| Cash from Investing Activity | 0 | -120 | 51 |
| Cash from Financing Activity | -5 | 77 | 198 |
| Net Cash Flow | 0 | 2 | 0 |
| Free Cash Flow | -15 | 16 | -256 |
| CFO/OP | -6471 | 38 | -155 |

### Ratios

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Debtor Days | 0 | 0 | 0 |
| Inventory Days | 2567 | 7 | 54 |
| Days Payable | 78 | 0 | 23 |
| Cash Conversion Cycle | 2489 | 7 | 31 |
| Working Capital Days | -7234 | 6 | 12 |
| ROCE % | — | 149 | 37 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Jun 2022 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 5.46% | 5.46% | 5.46% | 5.46% | 5.46% | 5.46% | 5.46% | 5.46% | 95% | 95% | 95% |
| DIIs | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0% | 0% | 0% |
| Public | 94.5% | 94.5% | 94.5% | 94.5% | 94.5% | 94.5% | 94.5% | 94.5% | 5% | 5% | 5% |
| No. of Shareholders | 21970 | 21975 | 21868 | 21886 | 21875 | 21876 | 21879 | 21894 | 21887 | 21887 | 6170 |

### Quarterly

| Category | Mar 2022 | Jun 2022 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 5.46% | 5.46% | 5.46% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% |
| DIIs | 0.04% | 0.04% | 0.04% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 94.5% | 94.5% | 94.5% | 5% | 5% | 5% | 5% | 5% | 5% | 5% | 5% | 5% |
| No. of Shareholders | 21876 | 21879 | 21894 | 21887 | 21887 | 21887 | 21887 | 21887 | 21887 | 21887 | 21887 | 6170 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 5 / 2

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 12.16 | Buy |
| EMA (10) | 12.22 | Buy |
| SMA (20) | 12.1 | Buy |
| EMA (20) | 12.01 | Buy |
| SMA (50) | 11.79 | Buy |
| EMA (50) | 11.61 | Buy |
| SMA (100) | 10.95 | Buy |
| EMA (100) | 10.95 | Buy |
| SMA (200) | 9.62 | Buy |
| EMA (200) | 9.9 | Buy |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 57.34 | Neutral |
| MACD (12,26,9) | 0.24 | Buy |
| Stochastic (14,3,3) | 74.86 | Neutral |
| ADX (14) | 16.21 | Neutral |
| Williams %R (14) | -16.95 | Sell |
| ATR (14) | 0.62 | High Volatility |
| ROC (12) | 8.72 | Buy |
| Stoch RSI (14) | 87.31 | Sell |
| UO (7,14,28) | 57.75 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-29 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=02df2dad-3c66-4538-b71c-0767cb1f0954.pdf) |
| 2026-08-29 | [Clarification With Respect To Outcome Of Board Meeting Held On 25Th August2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47c82869-2260-43ab-ac65-62beb3c43018.pdf) |
| 2026-08-27 | [Kundan Minerals And Metals Limited Has Informed To Stock Exchange About Annual General Meeting To Be Held On 22Nd September2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d7445122-2ab4-4135-b8b6-56c98cd702fc.pdf) |
| 2026-08-27 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=79eedd3b-34f1-4108-8808-edfa4c4d39cf.pdf) |
| 2026-08-27 | [Kundan Minerals And Metals Limited Has Informed The Exchange About Cutt Of Date For E- Voting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=33b7ebad-29d6-47cb-aa59-cc826f532980.pdf) |
| 2026-08-26 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d1a308a1-3928-4474-a251-98dcc92c44d6.pdf) |
| 2026-08-25 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 25Th August2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ee0941cf-401f-4cb8-8791-63f466247cb3.pdf) |
| 2026-08-25 | [Outcome Of Board Meeting Held On 25Th August2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6b10ddfe-7326-47bb-89b0-c7e4aafa500b.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ee2b2354-2bc4-4030-8ebc-8ec5c4622d92.pdf) |
| 2026-08-13 | [Board Meeting Outcome for Kundan Minerals And Metals Limited Has Submitted To The Exchange The Financial Results For The Period Ended Jun 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=492da4c8-31c4-45b9-ba44-257c4a8f1c47.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8h - Kundan Ventures FZCO signed SPA on 7 Apr 2026 to acquire 80% of Colombian miner for USD 1.1 million. | [Disclosure under Regulation 30A of LODR 8h - Kundan Ventures FZCO signed SPA on 7 Apr 2026 to acquire 80% of Colombian miner for USD 1.1 million.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/8940a5e0-5d62-4f83-b867-0241ba2a5c23.pdf) |
| 8 Apr - Kundan Minerals and Metals Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Kundan Minerals and Metals Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8c32b37d-c067-4625-b883-bede8957d206.pdf) |
| 7 Apr - Subsidiary Kundan Ventures FZCO is evaluating Mauritania investment opportunities through company acquisitions. | [Kundan Minerals And Metals Limited Has informed About General Updates 7 Apr - Subsidiary Kundan Ventures FZCO is evaluating Mauritania investment opportunities through company acquisitions.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a64ee08d-11ab-4da3-8289-a018ee38a3de.pdf) |
| 5 May - Subsidiary Kundan Ventures FZCO acquires 99% stake in Mauritania miner for 99,000 MRU. | [Kundan Minerals And Metals Limited Has informed Regarding Acquisition By Foreign Subsidiary Under Regulation 30 Of SEBI (LODR) Regulations, 2015 5 May - Subsidiary Kundan Ventures FZCO acquires 99% stake in Mauritania miner for 99,000 MRU.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/de4ff462-3e3c-4b1d-a00a-434ebb647844.pdf) |
| 4 Feb - Board meeting on 13 Feb 2026 to approve unaudited Q3/9M FY26 financial results. | [Board Meeting Intimation for To Consider And Approve The Financial Results For The Period Ended December 31, 2025 And Other Business Matters 4 Feb - Board meeting on 13 Feb 2026 to approve unaudited Q3/9M FY26 financial results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/43309a33-708a-4911-aced-59731f2b3641.pdf) |
| 27 Apr - Kundan Ventures FZCO signed SPA on 7 Apr 2026 to acquire 80% of Colombian miner for USD 1.1 million. | [Disclosure under Regulation 30A of LODR 27 Apr - Kundan Ventures FZCO signed SPA on 7 Apr 2026 to acquire 80% of Colombian miner for USD 1.1 million.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8940a5e0-5d62-4f83-b867-0241ba2a5c23.pdf) |
| 26 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY2025-26 results. | [Closure of Trading Window 26 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY2025-26 results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b4cd5a2d-4832-4a33-8705-ed1967302aa8.pdf) |
| 16 Feb - Kundan Minerals shifts registered office to Flat No 4, Scindia House, Connaught Place, New Delhi, effective 16-Feb-2026. | [Announcement under Regulation 30 (LODR)-Change in Registered Office Address 16 Feb - Kundan Minerals shifts registered office to Flat No 4, Scindia House, Connaught Place, New Delhi, effective 16-Feb-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e9c079f7-3a7d-4a5a-b853-7a8099121f53.pdf) |
| 16 Apr - Company reports nil borrowings and says it is not a large corporate for FY2026-27. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 16 Apr - Company reports nil borrowings and says it is not a large corporate for FY2026-27.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5254adff-be25-460f-8023-24a058fb68c1.pdf) |
| 14 Feb - Disclosure under Regulation 30 of SEBI(Listing obligation and disclosure Requirements), Regulation 2015 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Feb - Disclosure under Regulation 30 of SEBI(Listing obligation and disclosure Requirements), Regulation 2015](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d8142f7e-b613-4ee1-b5b4-da4d10683a75.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/507528/72628507528.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/507528/67298507528_07_12_20.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/507528/5075280319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/507528/5075280318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/507528/5075280317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/507528/5075280316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/507528/5075280615.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/507528/5075280614.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/507528/5075280613.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport/507528/5075280612.pdf) |

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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 2026-09-13T19:03:41.204Z.