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Kokuyo Camlin Ltd

KOKUYOCMLN
NSE
93.81
0.85%
Last Updated:
29 Apr '26, 4:00 PM
Company Overview
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Kokuyo Camlin Ltd

KOKUYOCMLN
NSE
93.81
0.85%
29 Apr '26, 4:00 PM
Company Overview
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6M
Price
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Quick Ratios

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Mkt Cap
Market Capitalization
941Cr
Close
Close Price
93.81
Industry
Industry
Printing & Stationery
PE
Price To Earnings
35.81
PS
Price To Sales
1.21
Revenue
Revenue
780Cr
Rev Gr TTM
Revenue Growth TTM
0.01%
PAT Gr TTM
PAT Growth TTM
121.48%
Peer Comparison
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KOKUYOCMLN
VS

Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue
RevenueCr
216236195168217229173161200227174178
Growth YoY
Revenue Growth YoY%
31.920.22.6-2.70.5-2.7-11.5-4.5-7.9-0.91.110.8
Expenses
ExpensesCr
199212178156195202180160187208158166
Operating Profit
Operating ProfitCr
172417132328-8013201611
OPM
OPM%
7.910.38.97.510.412.1-4.40.36.68.69.26.5
Other Income
Other IncomeCr
050001000000
Interest Expense
Interest ExpenseCr
210122111100
Depreciation
DepreciationCr
444555555555
PBT
PBTCr
12241371622-14-6714116
Tax
TaxCr
353255-3-12332
PAT
PATCr
918961016-11-441084
Growth YoY
PAT Growth YoY%
198.0120.0147.559.118.9-11.6-212.1-174.7-57.9-38.0173.9195.7
NPM
NPM%
4.07.84.93.34.87.1-6.2-2.62.24.44.52.2
EPS
EPS
0.91.80.90.61.01.6-1.1-0.40.41.00.80.4

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue
RevenueCr
544614630630689634403508775816763780
Growth
Revenue Growth%
12.92.50.09.4-8.0-36.426.152.45.3-6.52.3
Expenses
ExpensesCr
527590607591637597394492721739729719
Operating Profit
Operating ProfitCr
17252338513791754773460
OPM
OPM%
3.24.03.66.17.55.82.23.37.09.44.47.8
Other Income
Other IncomeCr
853311012610
Interest Expense
Interest ExpenseCr
101112101210944453
Depreciation
DepreciationCr
111212171819181817192121
PBT
PBTCr
47215239-18-53559937
Tax
TaxCr
-121584-401116311
PAT
PATCr
55210154-15-52444626
Growth
PAT Growth%
6.8-71.6556.954.8-71.3-435.667.7617.079.3-86.7350.7
NPM
NPM%
0.90.90.21.62.20.7-3.6-0.93.15.40.83.4
EPS
EPS
0.50.50.11.01.50.4-1.5-0.52.44.40.62.6

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
Equity CapitalCr
101010101010101010101010
Reserves
ReservesCr
203208218228239239234229253286292312
Current Liabilities
Current LiabilitiesCr
182189233231270200127138171175134107
Non Current Liabilities
Non Current LiabilitiesCr
23411916363220128211918
Total Liabilities
Total LiabilitiesCr
418447481485555481390389442493455446
Current Assets
Current AssetsCr
289296276289355288204218271310263257
Non Current Assets
Non Current AssetsCr
129152205196200193187171171183192189
Total Assets
Total AssetsCr
418447481485555481390389442493455446

Cash Flow

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow
Operating Cash FlowCr
8126148656218271955
Investing Cash Flow
Investing Cash FlowCr
-5410-26-12-31-7-3-6-7-18-21
Financing Cash Flow
Financing Cash FlowCr
-815-8-1024-57-57-12-190-36
Net Cash Flow
Net Cash FlowCr
-5437-28-8102011-2
Free Cash Flow
Free Cash FlowCr
-10-29-490-1852581220134
CFO To PAT
CFO To PAT%
169.8235.1408.4147.049.91,481.7-422.4-376.5112.443.0935.0
CFO To EBITDA
CFO To EBITDA%
48.250.426.537.814.8174.6698.2107.850.524.6161.3

Ratios

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
7388298981,1619684025515936901,1131,031
Price To Earnings
Price To Earnings
150.2158.8596.7118.163.593.30.00.028.225.4177.2
Price To Sales
Price To Sales
1.41.41.41.81.40.61.31.20.91.31.3
Price To Book
Price To Book
3.53.83.94.93.91.62.32.52.63.83.4
EV To EBITDA
EV To EBITDA
42.234.944.033.821.913.969.539.713.615.431.9
Profitability Ratios
Profitability Ratios
GPM
GPM%
36.837.936.639.640.840.041.438.537.039.535.6
OPM
OPM%
3.24.03.66.17.55.82.23.37.09.44.4
NPM
NPM%
0.90.90.21.62.20.7-3.6-0.93.15.40.8
ROCE
ROCE%
5.05.83.96.68.25.0-2.9-0.112.416.93.8
ROE
ROE%
2.32.40.74.16.11.8-6.0-2.09.314.81.9
ROA
ROA%
1.21.20.32.02.70.9-3.8-1.25.58.91.3
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Overview** Kokuyo Camlin Limited is a leading Indian multinational stationery and art supplies manufacturer, formed through the 2011 strategic partnership between Japan’s **Kokuyo Co. Ltd.** and India’s legacy brand **Camlin Limited**. With over **90 years of market presence**, the company combines Japanese craftsmanship, innovation, and operational excellence with deep-rooted expertise in the Indian market. It serves students, professionals, hobbyists, and professional artists both domestically and across more than **20 international markets**. The company operates under two flagship brands: - **Camlin** – "All things stationery", covering school, office, and academic supplies. - **Camel** – "All things art", offering fine art, hobby, and creative materials. --- ### **Strategic Direction (As of Aug 2025)** #### **1. Omnichannel Distribution & Export Expansion** - The company is strengthening its **omnichannel distribution network**, leveraging a **direct distribution model** for greater control and efficiency. - A key strategic goal is to become a **significant pan-Asian player**, with medium-term plans to grow exports to **7–10% of total sales**. - Focus markets for export growth include **ASEAN countries** and broader **Asia-Pacific regions**. #### **2. Innovation & Product Development** - Innovation remains a **board-level priority**, with continued investment in **premium product development**. - The company has established **technical leadership in the fine art segment**, supported by collaboration with **professional artists and creative communities**. - It leverages **Kokuyo’s global expertise, technology, and best practices** to enhance product quality, design, and innovation velocity. --- ### **Manufacturing & Sustainability (As of Jul 2025)** Kokuyo Camlin operates **three state-of-the-art manufacturing facilities** strategically located in: 1. **Patalganga, Maharashtra** – Largest stationery manufacturing facility in the Kokuyo Group. 2. **Tarapur, Maharashtra** – Oldest plant, specializing in color and crayon production. 3. **Samba, Jammu & Kashmir** – Dedicated to poster colors, watercolors, and liquid acrylics. #### **Patalganga Facility Highlights:** - **56,000 sq.m.** facility with **45% green cover**. - Equipped with a **1,081-kWp solar plant** and **zero liquid discharge (ZLD) system**. - Features **IoT-enabled smart monitoring** and advanced **Japanese injection molding robotics**. - Hosts an **in-house R&D center** for stationery and applies Japanese efficiency practices (**5S, Kaizen**). - Produces **324+ SKUs**, including all Camlin products for India and Japan. #### **Sustainability Initiatives:** - All plants feature **ZLD systems**, **solar power installations**, and water conservation infrastructure. - Patalganga has a **50-lakh-litre water storage pond** and a dedicated **4.8-km power express feeder** for 24x7 operations. --- ### **Product Portfolio & Brand Positioning** #### **Core Brands:** - **Camlin**: Targeting students, educators, and professionals with: - Writing instruments (Grip Pro Mechanical Pencil) - Geometry boxes, notebooks, adhesives, erasers, sharpeners - Office and academic supplies - Re-entered the **wooden pencils** market in 2024 with enhanced durability and craftsmanship - **Camel**: Focused on artistic creativity across age groups: - **Fine Art Range**: Watercolor cakes (18–48 shades), HD Acrylics, Gouache Colors, Oil Pastels - **Drawing Tools**: Artist Mop Brushes, Charcoal, Soft Pastels, Brush Pens - **Canvases & Paper**: Stretched canvases, canvas pads, sketch books, oil sketching paper - **Age-specific Art Kits**: Includes DIY coloring kits, painting kits, and Silky Crayons - In 2023, new art supplies were developed in collaboration with **professional artists** for authenticity and performance. #### **Innovation in FY2024–2025** - Launch of **ergonomic** and **high-performance** products like **Grip Pro Mechanical Pencil** and **Gouache Colours**. - Introduction of **additives and 57/64 GSM notebooks** to enhance quality perception and product appeal. - Expansion into **premium sketchbooks** and **high-grade tools** to cater to hobbyists and professionals. --- ### **Operational Excellence & Digital Transformation** - **Automation**: Deployment of **robotic systems** and **smart manufacturing** at Patalganga to improve efficiency and precision. - **Digital Tools**: Adoption of: - **Salesforce Automation (SFA)** for sales team efficiency - **Distribution Management System (DMS)** for real-time inventory and supply chain oversight - **E-commerce & Digital Presence**: - Website revamp underway to strengthen online engagement. - Active digital outreach through **e-commerce platforms** and **social media**. --- ### **Market Strategy & Consumer Engagement** - **Distribution Network**: Over **2,600 distributors** covering **900+ towns**, with deep penetration in **rural India**. - During the pandemic, the company expanded into **local kirana stores** to maintain accessibility amid restricted mobility. - The **non-school segment** (Fine Art & Hobby, Office) now accounts for **nearly 50% of revenue**, reducing reliance on seasonal school demand. - Strategic focus on **brand repositioning** for **millennials and Gen Z**, using influencer collaborations and digital storytelling. #### **Community Building:** - Building **India’s largest art community** through an online platform for artists to showcase their work. - Engaged over **75 art influencers** on Instagram and YouTube to drive brand authenticity and youth connect. --- ### **Strategic Collaborations & CSR Initiatives** - Partnered with **Rangoli International School (Gandhinagar)** in 2021 to create the “**Great Wall of Camlin**” – a large-scale mural using Camlin color pencils. - Initiated **outcome-based agreements with 2,500+ hobby tutors** across India to promote art education and brand adoption.