Kineco Limited
- Unlisted share
- Chemicals & Materials
- ISIN INE139Y01018
At a glance
Sales
FY26
₹433 Cr
+76.9%on FY25What the company earned from its customers in the year.
Profit
FY26
₹22.34 Cr
+70.9%on FY25What was left after every cost and tax was paid.
Market valuecalculated
₹2,644 Cr
What the whole company would be worth at GrowFast's indicative price.
Net worth
FY26
₹268 Cr
What the owners would have left on paper if every debt was repaid.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- Kineco Limited
- ISIN
- INE139Y01018
- Sector
- Chemicals & Materials
- Type of share
- Unlisted equity share
- Indicative price per share
- ₹3,539.25
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About Kineco Limited
Kineco is a Goa-based maker of fibre-reinforced composite parts and assemblies for railways, aerospace, defence and industrial customers, with its works at Pilerne Industrial Estate. It was founded and is led by Shekhar Sardessai, who held 41.35% at 31 March 2026; the former majority owner, Indo National's subsidiary Helios Strategic Systems, sold its 51% stake in June 2024. The group has since absorbed its aerospace joint venture and bought European rail-interiors businesses Semvac (Denmark) and TRB Lightweight Structures (UK).
Written from: kinecogroup.com, kinecogroup.com, kinecogroup.com
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Chemicals & Materials
- ISIN
- INE139Y01018
- Year of incorporation
- 1994
- Kineco Limited letter of offer for rights issue, 13 November 2025 (company website)
- Registered office and works
- Pilerne, Bardez, Goa
- Kineco Limited letter of offer for rights issue, 13 November 2025 (company website)
- Promoter
- Shekhar Sardessai (41.35%)
- Chairman & Managing Director
- Chairman & Managing Director: Shekhar Sardessai; Group CEO & Executive Director: Vivek Srivastava
- Employees
- 424 people
- Face value per equity share
- ₹10
- Equity shares issued and paid up
- 74,69,725 shares
- CIN
- U24134GA1994PLC001672
- Kineco Limited letter of offer for rights issue, 13 November 2025 (company website)
- Official website
- kinecogroup.com
Read from: Kineco Limited annual report FY2025-26 (company website), unless another source is shown on a card.
Key data
What the numbers mean
The ratios buyers look at, each said in plain words.
Price to earnings (P/E)calculated
104.7×
At this price you pay ₹104.7 for every ₹1 of profit the company made in the year.
Price to book (P/B)calculated
9.85×
At this price you pay ₹9.85 for every ₹1 of net worth on the company's books.
Profit margincalculated
5.2%
Out of every ₹100 of sales, ₹5.2 was left as profit.
Return on equitycalculated
8.3%
For every ₹100 of the owners' money, the company made ₹8.3 of profit in the year.
Debt to equitycalculated
0.27×
The company has borrowed ₹0.27 for every ₹1 of its owners' money.
- Indicative price
- ₹3,539.25
- Market valuecalculated
- ₹2,644 Cr
- price × shares
- No. of shares
- 74,69,725
- EPS
- ₹33.8
- Book value per share
- ₹359.41
- Face value
- ₹10
Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2025-26. They move with the price, and they are arithmetic, not a valuation.
Figures in ₹ crore
Financials
Kineco Limited. As published in the company's audited reports. GrowFast has not audited them.
Sales, year by year
₹ crore. The darkest bar is the latest year.
FY24 to FY26: ₹175 Cr to ₹433 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY24 to FY26: ₹7.35 Cr to ₹22.34 Cr.
| Particulars | FY24 | FY25 | FY26Latest |
|---|---|---|---|
| Turnover (net), as summarised by the company | 174.52 | 244.86 | 433.21▲77% |
| Other income | n/a | 3.54 | 13.21▲273% |
| Total income | n/a | 248.4 | 446.42▲80% |
| EBITDA, as summarised by the company | 31.75 | 44.17 | 49.89▲13% |
| Depreciation and amortisation | n/a | 13.64 | 16.03▲18% |
| Finance costs | n/a | 8.25 | 7.25▼12% |
| Profit before tax, as summarised by the company | 11.11 | 22.28 | 26.61▲19% |
| Profit after tax, as summarised by the company | 7.35 | 13.07 | 22.34▲71% |
| Earnings per share (basic) (₹) | n/a | 24.49 | 33.8▲38% |
Rupees crore unless marked, consolidated. The change shown is the latest year against the year before. Read from: Kineco Limited annual report FY2025-26 (company website), Kineco Limited letter of offer for rights issue, 13 November 2025 (company website).
Ownership
Shareholding pattern
Who owns the company
41.4%Shekhar Sardessai (promoter)
- Largest holder
- 41.4%
- Top 3 together
- 53.3%
- Holders named
- 3
- Shekhar Sardessai (promoter)41.35%
- Pankaj Prasoon7.05%
- Ashish Kacholia4.85%
- Total53.25%
Read from: Kineco Limited annual report FY2025-26 (company website)
Capital history
Fund raise history
| Date and detail | Type | Instrument | Price per share | Amount raised | Source |
|---|---|---|---|---|---|
| 29 Nov 20252,66,374 shares of ₹10 offered at ₹3,006 (1 for every 27 held), aggregating ₹80.07 crore; 15,954 were taken up by existing holders on 29 November 2025 and the board placed the unsubscribed balance with investors at the same price. | Rights issue | Equity shares | ₹3,006 | ₹80 Cr | kinecogroup.com |
| 2024-069,39,168 equity shares allotted to new shareholders by private placement in the first quarter of FY2024-25, which the report describes as a primary raise of ₹88 crore made alongside Indo National's exit; the price per share and exact allotment date were not read. | Preferential allotment | Equity shares | Not stated | ₹88 Cr | kinecogroup.com |
Read from: Kineco Limited annual report FY2025-26 (company website), Kineco Limited annual report FY2024-25 (company website)
Leadership
Management
Shekhar Ravindra Sardessai
Chairman and Managing Director
Vivek Srivastava
Group Chief Executive Officer and Executive Director
Vivekanand Pauskar
Chief Financial Officer
Manisha Naik Shirgaonkar
Company Secretary
Prashant Baburao Naik
Non-Executive Director
Vinay Balasaheeb Jagtap
Non-Executive Director
Rajesh Ashok Khaunte
Independent Director
Pankaj Prasoon
Non-Executive Director
Read from: Kineco Limited annual report FY2025-26 (company website)
Corporate calendar
Events
- 24 Jun 2026MergerRegional Director confirmed the merger of subsidiary Kineco Train Tech Private Limited into Kineco; 2,84,086 shares issued to its shareholders on 28 July 2026Open
- 2 Mar 2026EGMShareholders approved Vivek Srivastava as Group CEO and Executive Director for five years from 1 January 2026Open
- 13 Nov 2025Rights issueBoard approved a rights issue of 2,66,374 shares at ₹3,006 each; issue open 22 to 28 November 2025Open
- 26 Sept 2025AGMAGM appointed Lalit Balmukund Agrawal and Pankaj Prasoon as non-executive directors and Girish Anand Desai as independent directorOpen
- 2025-08AcquisitionSubsidiary Kineco Train Tech acquired UK-based TRB Lightweight Structures LimitedOpen
- 9 May 2025MergerRegional Director approved the merger of Kineco Kaman Composites India into Kineco with effect from 1 October 2024Open
- 2024-12AcquisitionKineco Train Tech acquired Danish rail sanitary-systems maker Semvac A/S from WabtecOpen
- 2024-09AcquisitionKineco bought the remaining 49% of Kineco Kaman Composites India from Kaman Aerospace, making it wholly ownedOpen
- 6 Jun 2024DivestmentHelios Strategic Systems (Indo National group) sold its 51% holding, ending Indo National's control of KinecoOpen
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about Kineco Limited on WhatsAppIs the price shown for Kineco Limited final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my Kineco Limited shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell Kineco Limited shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
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Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by Kineco Limited. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.