Krishna Defence stock fell 11% intraday to ₹792, triggering panic. Some claimed it’s overvalued with EPS of ₹10 and a fair value of just ₹256. But here’s the truth bomb: FY25 PAT is ₹22 crore, EPS is ₹16.00, P/E is ~49x. Let’s dissect what’s real, what’s fear-mongering, and where this stock really stands.
🏢 About the Company
Krishna Defence and Allied Industries Ltd (KRISHNADEF) is in the business of defence manufacturing, notably:
Multi-fuel cook stoves for armed forces
NBC (Nuclear Biological Chemical) protection systems
Customised fabrication for engineering clients
Recently ventured into composites and bulb bar manufacturing, with capex in Gujarat and the Netherlands 🇳🇱
They’re essentially betting big on import substitution in defence.
👨✈️ Key Management
Ankur Ashwin Shah – Managing Director
Promoter holding: ~73.76% (as of FY25)
No pledging, zero debt issues — relatively clean governance so far
2 Responses
Pardon me but the PAT is 22 crore for fy25. No of shares is 1.37 cr. the EPS turns out 16 rs and PE at 50 PE.
A clear order book of 269 cr with new Bulb bar capex coming online.
Mng clearly guiding for a 30-40% CAGR Growth over 3-5 years. So from where does your fy26 PAT growth of 15% comes from.
the composites factory coming up with VAbo Netherlands is clearly another optionality.
Yes at cmp its fully priced in due to the retail hypw but pls correct your numbers. My source is Investor presentation and Comapny concall transcript
Hey Mr Jain, Thanks for your comment, It was an oversight from our side, we have fixed it