Kavveri Defence & Wireless Technologies KAVDEFENCE.NS · INR
Information Technology · NSE · 🇮🇳 India
80.79
-0.94%
Close of 9 Nov 2026, in INR
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At a glance
Figures in INR, from our data supplier.
Revenue
₹84.2m
FY2017FY2026
Net income
₹12.4m
FY2017FY2026
Free cash flow
−₹95.1m
FY2017FY2026
Shareholders' equity
₹1.12bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹84.2m | ₹171.2m | ₹15.9m | ₹28.2m | ₹56.1m | ₹41.4m | ₹45.5m | ₹55.9m | ₹146.9m | ₹254.1m |
| Research and development | ₹6.2m | ₹10,000 | ₹4,000 | ₹5,000 | ₹5.9m | — | — | — | — | — |
| Operating income | ₹12.7m | ₹64.4m | −₹12.8m | ₹204.8m | −₹31.6m | −₹44.3m | −₹36.8m | −₹84.7m | −₹288.4m | −₹173.1m |
| Net income | ₹12.4m | ₹64.1m | −₹13.3m | ₹314.9m | −₹180.9m | −₹164.3m | −₹176.7m | ₹7.7m | −₹297.3m | −₹315.2m |
| Diluted earnings per share | 0.36 | 1.86 | -0.66 | 9.16 | -5.26 | -8.16 | -8.78 | 0.38 | -14.79 | -15.68 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₹1.27bn | ₹1.23bn | ₹854.0m | ₹790.2m | ₹2.75bn | ₹2.85bn | ₹3.55bn | ₹3.53bn | ₹4.91bn | ₹6.43bn |
| Cash and short-term investments | ₹177.4m | ₹143.3m | — | — | — | ₹4.2m | ₹39.1m | ₹38.3m | ₹76.4m | ₹66.0m |
| Total liabilities | ₹148.3m | ₹366.6m | ₹383.7m | ₹267.7m | ₹2.62bn | ₹2.56bn | ₹3.39bn | ₹3.15bn | ₹4.68bn | ₹5.90bn |
| Debt | ₹44.1m | ₹189.3m | — | — | ₹17.0m | ₹2.10bn | ₹2.35bn | ₹2.30bn | ₹2.67bn | ₹2.95bn |
| Shareholders' equity | ₹1.12bn | ₹868.4m | ₹470.3m | ₹522.5m | ₹123.7m | ₹287.0m | ₹158.7m | ₹377.0m | ₹233.3m | ₹530.6m |
| Shares outstanding | 34m | 34m | 20m | 34m | 34m | 20m | 20m | 20m | 20m | 20m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −₹83.5m | ₹6.5m | −₹113.4m | −₹186.5m | ₹242.9m | −₹107.7m | ₹300.5m | −₹260.6m | ₹152.2m | ₹168.3m |
| Capital spending | −₹11.6m | −₹6.1m | — | −₹10,000 | −₹281,000 | — | −₹100,000 | −₹11.4m | −₹100,000 | −₹3.3m |
| Free cash flow | −₹95.1m | ₹304,000 | −₹113.4m | −₹186.5m | ₹242.6m | −₹107.7m | ₹300.4m | −₹272.0m | ₹152.1m | ₹165.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹14.4m | ₹9.2m | ₹14.9m | ₹21.0m | ₹39.1m | ₹82.0m | ₹70.1m | ₹13.0m |
| Operating income | −₹15.8m | −₹18.1m | −₹6.9m | −₹1.0m | ₹10.1m | ₹37.2m | ₹22.1m | ₹4.8m |
| Net income | −₹12.1m | ₹2.8m | −₹6.0m | ₹4.7m | ₹10.8m | ₹36.9m | ₹22.1m | ₹4.8m |
| Diluted earnings per share | -0.35 | 0.08 | -0.17 | 0.14 | 0.31 | 1.07 | 1.10 | 0.24 |
| Cash from operations | — | — | — | ₹248.0m | — | −₹56.0m | — | — |
| Capital spending | — | — | — | −₹4.0m | — | −₹5.0m | — | — |
| Free cash flow | — | — | — | ₹244.0m | — | −₹61.0m | — | — |
| Total assets | — | ₹1.27bn | — | ₹1.32bn | — | ₹1.23bn | — | ₹804.2m |
| Cash and short-term investments | — | ₹177.4m | — | ₹107.3m | — | ₹143.3m | — | ₹2.6m |
| Debt | — | ₹44.1m | — | ₹59.7m | — | ₹189.3m | — | ₹58.4m |
| Shareholders' equity | — | ₹1.12bn | — | ₹883.6m | — | ₹868.4m | — | ₹635.6m |
Financial ratios
Data as of 30 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Operating margin | 15.0% | 37.6% | -82.4% | 1116.6% | -35.3% |
| Net margin | 14.7% | 37.4% | -84.2% | 1114.9% | -322.6% |
| Return on equity | 1.1% | 7.4% | -2.8% | 60.3% | -146.2% |
| Return on assets | 1.0% | 5.2% | -1.6% | 39.8% | -6.6% |
| Free cash flow yield | -2.6% | 0.5% | — | — | — |
| Revenue growth | -50.8% | 979.6% | -43.9% | -49.6% | — |
| Earnings growth | -80.6% | -579.9% | -104.2% | -274.1% | — |
| Current ratio | 5.67x | 1.29x | 0.77x | 1.00x | 0.67x |
| Debt to equity | 0.04x | 0.22x | 0.00x | 0.00x | 0.14x |
| Equity ratio | 88.3% | 70.3% | 55.1% | 66.1% | 4.5% |
| Interest coverage | 50.67x | 177.50x | -36.62x | 774.85x | -0.15x |
| R&D as a share of sales | 7.4% | 0.0% | 0.0% | 0.0% | 10.5% |
| Buybacks as a share of market value | -0.0% | -70.8% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 43.9% | 15.3% | -14.5% |
| Operating income | -60.5% | — | — |
| Net income | -66.0% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 30.2% | 89.9% | 48.7% | -40.7% |
| Net margin | 29.9% | 126.2% | 8.3% | -84.4% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 227.8 | 36.0 | -97.5 | 1.6 | -1.3 | -1.1 | -0.2 | 4.7 | -0.6 | -0.9 |
| Price to sales | 33.6 | 13.5 | 82.0 | 17.3 | 4.2 | 4.2 | 0.7 | 0.7 | 1.1 | 1.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 18 Sept 2012.
| FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | |
|---|---|---|---|---|---|
| Paid in the year | 1.50 | 1.50 | 2.00 | 1.00 | 1.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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