KDDL share price
NSE: KDDLBSE: 532054Consumer DurablesSmall Cap
KDDL Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Oct 1996 on BSE, Mar 2016 on NSE
Last close ₹3,743.80down ₹116.40 (3.02%)BSE ₹3,751.85
Share price at the NSE close on 30 Oct 2026. Previous close ₹3,860.20.
30 Oct: open ₹3,840.00, high ₹3,854.60, low ₹3,710.70
52-week range of traded prices to 30 Oct 2026
₹1,990.00Low, 30 Mar 2026₹4,270.00High, 23 Sep 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹4,605 Cr969th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 47.45
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 4.26
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.61%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 9.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 9.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.08
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 13,64252.0% delivered
About KDDL
KDDL Limited makes watch dials, hands, indexes and bracelets, premium ornamental packaging, and high-precision stamped components and tooling for industries such as automotive and aerospace.1 Through its subsidiary Ethos Limited, it also retails premium and luxury watches in India.2 It is headquartered in Chandigarh and operates across India and Switzerland, serving luxury watchmaking and precision engineering customers.3
It was incorporated in January 1981.4 Its dials and hands business focuses on Swiss, Indian and Japanese watch brands.5 Its brands and divisions include Taratec for watch components, Eigen for precision engineering, Ornapac for ornamental packaging, and Favre Leuba, a Swiss watch brand owned through Silvercity Brands AG.678 The group's reportable segments are precision and watch components (dials, watch hands, bracelets and precision components), watch, accessories and other luxury items and related services (trading of watches and accessories), and others (packaging boxes).9
Subsidiaries include Estima AG, a Swiss watch hand maker in Grenchen acquired in 2019, and Pylania SA, which trades and makes watch components.1011 Ethos was listed on BSE and NSE in 2022, and KDDL holds 50.11% of Ethos together with its wholly owned subsidiaries.1011 Yashovardhan Saboo, its chairman and managing director, is the promoter and holds 14.65% of the paid up capital.12
KDDL key points
Results
- Consolidated revenue was ₹633.8 crore in the quarter to Jun 2026, up 36.3% from ₹465.0 crore a year earlier.13
- Consolidated EBITDA (earnings before interest, tax, depreciation and amortisation, a measure of operating profit) was ₹108.4 crore in the quarter to Jun 2026, against ₹80.4 crore a year earlier.14
- Consolidated revenue from operations was ₹2,153.4 crore in the year to Mar 2026, against ₹1,647.9 crore a year earlier.15
- Consolidated profit before tax rose 3.2% to ₹1,956.6 million in the year to Mar 2026, from ₹1,895.0 million.16
Business segments
- Share of standalone manufacturing revenue (KDDL on its own, without subsidiaries)1718
Item year to Mar 2026 year to Mar 2025 Watch components (dials, hands, indexes, steel bracelets) 55.3% 55.4% Precision engineering (Eigen) 39.4% 38.3% - In the year to Mar 2026, standalone revenue grew 31.3% in watch components (bracelets up 214%), 35.6% in Eigen precision engineering and 37.3% in ornamental packaging.19
- Steel bracelets rose to 7.6% of standalone revenue in the year to Mar 2026 from 3.2%, as the division ran a full year against a partial year.20
- The company states that Eigen's compounded revenue growth over the 5 years to Mar 2026 was 40.1%.21
Where revenue comes from
- In the year to Mar 2026, standalone exports turnover grew 40.9% and domestic revenue grew 13.3%.22
- Eigen, the precision engineering business, generates more than 75% of its revenue from exports.23
- The company stated in its annual report for the year to Mar 2026 that it is expanding beyond Switzerland into Japan, the USA, the UK, Italy and the Middle East.24
Plants and capacity
- KDDL makes dials at Parwanoo in Himachal Pradesh and Derabassi in Punjab, and hands, steel bracelets and precision components at Bengaluru in Karnataka.25
- The steel bracelet division, commissioned in October 2024, has an installed capacity of about 75,000 units a year and reached 75% capacity utilisation in the year to Mar 2026.26
- The ornamental packaging unit at Panchkula, developed with an investment of ₹8 crore, has a capacity of 1,00,000 units per month.27
Customers and partners
- In the year to Mar 2026, 3 customers of KDDL's standalone precision and watch components segment each accounted for more than 10% of its total revenue, together ₹20,649.00 lakh.28
- The company names customer concentration as a risk: a defined set of key customers across domestic and international markets, including Switzerland, accounts for a large part of its business.29
Subsidiaries
- Ethos Limited reported standalone turnover of ₹1,65,312 lakh in the year to Mar 2026, against ₹1,27,651 lakh a year earlier, profit before tax of ₹12,747 lakh and profit after tax of ₹9,492 lakh.30
- Ethos Limited had 94 boutiques across 30 cities in the year to Mar 2026; as of the annual report of 24 Aug 2026, its network had grown to 103 boutiques across 34 cities.31
- Silvercity Brands AG recorded revenue of CHF 3.309 million in the year to Mar 2026, against CHF 1.286 million, and a loss of CHF 1.15 million, against a loss of CHF 0.415 million.32
- Estima AG recorded revenue of CHF 3.352 million in the year to Mar 2026, and its operating loss reduced from CHF 1.038 million to CHF 0.98 million.33
Expansion and capital spending
- The company stated in its annual report for the year to Mar 2026 that it is adding a facility of about 30,000 sq. ft. in Bengaluru for its Eigen division, expected to be operational in 2026-27.34
- The company stated in its annual report for the year to Mar 2026 that it plans to build an additional floor at its bracelet division to scale up production.35
- The company stated in its annual report for the year to Mar 2026 that it projects revenue from the watch components business to improve by 10-12% and ornamental packaging revenue to grow by over 25%.36
- In its presentation of 4 Aug 2026, the company estimated 5 to 7 year growth potential of about 20-25% CAGR (compound annual growth rate) for Eigen precision engineering and for bracelets.37
Recent events
- On 31 Dec 2025, KDDL said it was allotted 24,00,000 additional equity shares of its subsidiary Artisan Watch Products Private Limited at ₹10 each, aggregating ₹2,40,00,000.38
Last updated
All 38 sources, each with its page
- 1. Annual report, 24 Aug 2026, page 16
- 2. Annual report, 24 Aug 2026, page 16
- 3. Annual report, 24 Aug 2026, page 16
- 4. Annual report, 24 Aug 2026, page 135
- 5. Investor presentation, 4 Aug 2026, page 7
- 6. Investor presentation, 4 Aug 2026, page 9
- 7. Investor presentation, 4 Aug 2026, page 11
- 8. Annual report, 24 Aug 2026, page 26
- 9. Annual report, 24 Aug 2026, page 296
- 10. Investor presentation, 4 Aug 2026, page 10
- 11. Investor presentation, 4 Aug 2026, page 14
- 12. Annual report, 24 Aug 2026, page 41
- 13. Investor presentation, 4 Aug 2026, page 6
- 14. Investor presentation, 4 Aug 2026, page 6
- 15. Investor presentation, 4 Aug 2026, page 18
- 16. Annual report, 24 Aug 2026, page 44
- 17. Annual report, 24 Aug 2026, page 44
- 18. Annual report, 24 Aug 2026, page 45
- 19. Annual report, 24 Aug 2026, page 18
- 20. Annual report, 24 Aug 2026, page 44
- 21. Annual report, 24 Aug 2026, page 18
- 22. Annual report, 24 Aug 2026, page 18
- 23. Annual report, 24 Aug 2026, page 45
- 24. Annual report, 24 Aug 2026, page 19
- 25. Annual report, 24 Aug 2026, page 135
- 26. Annual report, 24 Aug 2026, page 17
- 27. Annual report, 24 Aug 2026, page 17
- 28. Annual report, 24 Aug 2026, page 199
- 29. Annual report, 24 Aug 2026, page 27
- 30. Annual report, 24 Aug 2026, page 26
- 31. Annual report, 24 Aug 2026, page 26
- 32. Annual report, 24 Aug 2026, page 47
- 33. Annual report, 24 Aug 2026, page 46
- 34. Annual report, 24 Aug 2026, page 17
- 35. Annual report, 24 Aug 2026, page 17
- 36. Annual report, 24 Aug 2026, page 45
- 37. Investor presentation, 4 Aug 2026, page 7
- 38. Exchange filing, 31 Dec 2025, page 1
Results
Consolidated; ₹ crore.KDDL quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +32.5%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- −0.7%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹634 Crup 10.23%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹45 Crup 29.56%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 7.1%
Revenue by quarter
Peak revenue ₹634 Cr, quarter to Jun 2026; lowest ₹396 Cr, quarter to Sep 2024
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 396 | 472 | 420 | 465 | 517 | 597 | 575 | 634 |
| Net profit | 36 | 47 | 32 | 30 | 33 | 38 | 35 | 45 |
| Net margin | 9.0% | 10.0% | 7.5% | 6.4% | 6.3% | 6.4% | 6.0% | 7.1% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹2,153 Crup 30.68%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹135 Crdown 5.00%
- Net margin
- 6.3%
Revenue by year
Peak revenue ₹2,153 Cr, year to Mar 2026; lowest ₹455 Cr, year to Mar 2017
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 1 of the 10 years shown
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 455 | 503what Revenue, Mar 2018, includes. This period's revenue includes excise duty of ₹1.43 crore, a tax on the goods the company makes that it collects and pays to the government. | 624 | 652 | 549 | 816 | 1,119 | 1,391 | 1,648 | 2,153 |
| Net profit | 1 | 18 | 25 | −2 | 7 | 37 | 77 | 137 | 142 | 135 |
| Net margin | 0.1% | 3.6% | 4.0% | −0.3% | 1.3% | 4.6% | 6.9% | 9.9% | 8.6% | 6.3% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Watches, accessories and other luxury items and related servicesWatches, accessories and other luxury items and related services, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,627 Crup 29.68%75.5%
- Precision and watch componentsPrecision and watch components, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹503 Crup 33.77%23.4%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹23 Crup 31.88%1.1%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history.KDDL PE ratio and valuation
Price to earnings
At or below today's level on 84% of 1,738 trading days over the last 10 years.
LowestHighest
Its median33.66Industry median16.90
Price to book
At or below today's level on 67% of 1,789 trading days since Nov 2018.
LowestHighest
Its median3.40Industry median1.66
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 62% of 2,305 trading days over the last 10 years.
LowestHighest
Its median0.50%Industry median0.43%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −36.9% | −6.1% | −34.0% | 1.1% |
| 3 years | +26.8% | +19.3% | +5.2% | 1.3% |
| 5 years | +51.4% | +71.3% | −12.1% | 0.9% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.
Mutual fund holdings
1 fund disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before.
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 1
| Fund | |||
|---|---|---|---|
 Motilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund | 18 | 0.01% | ₹70,000 |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 2 Nov 2025.KDDL insider trading
Bought on the marketBought on the market. The value each filer stated for its purchases on the exchange, added up; gifts, transfers and pledges are not counted. A purchase filed with no value is counted under the sum, not in it. Sold on the marketSold on the market. The value each filer stated for its sales on the exchange, added up; gifts, transfers and pledges are not counted. A sale filed with no value is counted under the sum, not in it.
- Promoters and promoter group0 purchases, 2 salesNo purchase₹100 CrNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.−₹100 Cr2 off-market moves
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
KDDL competitors and peers
Gems, Jewellery And Watches, 104 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to KDDL in market cap.Consumer durables companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 P N Gadgil JewellersPNGJL | 8,222 | 16.87 | 2.87 | +50.7% | +64.3% | 21.4% | 14.5% | 0.00% |
 EthosETHOSLTD | 6,694 | 64.15 | 4.50 | +30.4% | +12.8% | 8.4% | 7.6% | 0.00% |
 Timex Group IndiaTIMEX | 6,115 | 71.27 | 54.95 | +41.8% | +96.5% | 87.9% | 88.2% | 0.00% |
 Senco GoldSENCO | 4,803 | 8.41 | 1.91 | +41.9% | +168.4% | 25.5% | 22.4% | 0.60% |
 D. P. AbhushanDPABHUSHAN | 4,429 | 18.46 | 7.00 | +30.8% | +93.4% | 46.3% | 36.1% | 0.00% |
 Goldiam InternationalGOLDIAM | 4,301 | 20.38 | 3.89 | +27.0% | +64.0% | 22.9% | 18.4% | 0.72% |
 Tribhovandas Bhimji ZaveriTBZ | 4,056 | 20.64 | 4.66 | +24.1% | +110.4% | 25.1% | 19.2% | 0.41% |
 Shringar House of MangalsutraSHRINGARMS | 2,638 | 21.81 | 3.89 | – | – | 17.9% | 18.9% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.KDDL dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹62.00 a share, year to Mar 2024.
| Ex-date | Type | Per share |
|---|---|---|
| 8 Sep 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹8.00 |
| 14 Nov 2025 | Interim | ₹15.00 |
| 8 Sep 2025 | Final | ₹5.00 |
| 27 Aug 2024 | Final | ₹4.00 |
| 25 Jan 2024 | Interim | ₹58.00 |
| 22 Sep 2023 | Final | ₹2.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.KDDL announcements
Sep 2026
16 Sep · Meeting
Aug 2026
24 Aug · General Updates
24 Aug · General Updates
24 Aug · Corporate action
KDDL share price by year
Each calendar year to 2025.KDDL share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 2,485.30 | −17.6% | 3,283.85 | 2,128.75 |
| 2024 | 3,015.75 | +6.1% | 3,586.10 | 2,225.60 |
| 2023 | 2,841.60 | +170.8% | 3,005.90 | 1,005.45 |
| 2022 | 1,049.45 | +13.7% | 1,115.50 | 618.85 |
| 2021 | 923.05 | +298.3% | 928.70 | 225.10 |
| 2020 | 231.75 | −26.3% | 327.15 | 104.35 |
| 2019 | 314.55 | −36.8% | 500.90 | 299.85 |
| 2018 | 497.70 | +44.9% | 612.55 | 294.25 |
| 2017 | 343.45 | +75.1% | 344.40 | 172.35 |
| 2016BSE close | 196.15 | −40.7% | 353.80 | 163.40 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 29 Oct 2026 | 3,798.60 | 3,925.00 | 3,709.50 | 3,860.20 | 3,838.49 | 37,434 | 69.9% |
| 28 Oct 2026 | 3,771.00 | 3,836.90 | 3,736.60 | 3,766.90 | 3,780.05 | 11,434 | 51.5% |
| 27 Oct 2026 | 3,694.00 | 3,824.90 | 3,651.10 | 3,794.50 | 3,781.99 | 11,522 | 42.9% |
| 26 Oct 2026 | 3,610.00 | 3,690.00 | 3,552.30 | 3,654.90 | 3,622.16 | 28,086 | 57.4% |
| 23 Oct 2026 | 3,633.00 | 3,687.90 | 3,519.20 | 3,622.10 | 3,604.54 | 45,766 | 50.6% |
| 22 Oct 2026 | 3,710.00 | 3,769.10 | 3,636.30 | 3,661.20 | 3,691.44 | 23,246 | 56.4% |
| 21 Oct 2026 | 3,770.00 | 3,785.20 | 3,712.60 | 3,740.50 | 3,745.40 | 25,179 | 68.5% |
| 19 Oct 2026 | 3,812.00 | 3,839.80 | 3,742.00 | 3,766.30 | 3,784.95 | 16,780 | 63.0% |
| 16 Oct 2026 | 3,766.60 | 3,898.00 | 3,725.00 | 3,824.60 | 3,828.64 | 18,574 | 47.0% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Buyback and rights issue history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 30 Mar 2021 | Rights issue | – | Shareholders were offered new shares. Noted, not adjusted for. |
Each event is noted and not adjusted for.
Company details
- NSE symbol
- KDDL
- BSE code
- 532054
- ISIN
- INE291D01011
- Industry
- Consumer Durables
- Website
- www.kddl.com
- CIN
- L33302HP1981PLC008123
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1981
- Registered office
- Plot No 3 Sector 3, Parwanoo 173220, Himachal Pradesh
- Share registrar
- MAS Services Ltd
- Keeps the register of shareholders and handles transfers and dividend payments