Kross
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Kross Ltd's board approved a preferential issue of up to 1.5 million equity shares at ₹212 each, raising ₹31.8 crore, subject to shareholder and other approvals. It also approved up to 1.5 million convertible warrants at the same price, worth another ₹31.8 crore, with at least 25% payable upfront and conversion available within 18 months of allotment. Four non-promoter investors were named for the equity shares, while promoter investors Sumeet Rai and Kunal Rai were proposed for the warrants. Kross reported FY26 revenue of ₹673.2 crore and had fully deployed its IPO proceeds. Its FY26 capex was about ₹100 crore, while cash stood at ₹4.4 crore at year-end.
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Kross Ltd's board approved a preferential issue of up to 1.5 million equity shares at ₹212 each, raising ₹31.8 crore, subject to shareholder and other approvals. It also approved up to 1.5 million convertible warrants at the same price, worth another ₹31.8 crore, with at least 25% payable upfront and conversion available within 18 months of allotment. Four non-promoter investors were named for the equity shares, while promoter investors Sumeet Rai and Kunal Rai were proposed for the warrants. Kross reported FY26 revenue of ₹673.2 crore and had fully deployed its IPO proceeds. Its FY26 capex was about ₹100 crore, while cash stood at ₹4.4 crore at year-end.
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Aug 31 (Reuters) - Kross Ltd KROS.NS:
KROSS - APPROVES ISSUANCE OF UP TO 1.5 MILLION SHARES AT 212 RUPEES EACH
KROSS - APPROVES WARRANT ISSUANCE AGGREGATING TO 318 MILLION RUPEES ON PREFERENTIAL BASIS
Source text: ID:nBSE5sspvY
Further company coverage: KROS.NS
(([email protected];;))
Aug 31 (Reuters) - Kross Ltd KROS.NS:
KROSS - APPROVES ISSUANCE OF UP TO 1.5 MILLION SHARES AT 212 RUPEES EACH
KROSS - APPROVES WARRANT ISSUANCE AGGREGATING TO 318 MILLION RUPEES ON PREFERENTIAL BASIS
Source text: ID:nBSE5sspvY
Further company coverage: KROS.NS
(([email protected];;))
Kross scheduled a board meeting for August 31, 2026, to evaluate raising funds through equity shares, convertible equity warrants or another permissible method. Any issue would be subject to regulatory and shareholder approvals. Kross reported FY26 revenue of ₹673.2 crore and EBITDA of ₹87.9 crore, with net adjusted leverage at 0.72x. It held ₹4.4 crore of cash at the end of FY26 and spent about ₹100 crore on capital expenditure during the year.
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Kross scheduled a board meeting for August 31, 2026, to evaluate raising funds through equity shares, convertible equity warrants or another permissible method. Any issue would be subject to regulatory and shareholder approvals. Kross reported FY26 revenue of ₹673.2 crore and EBITDA of ₹87.9 crore, with net adjusted leverage at 0.72x. It held ₹4.4 crore of cash at the end of FY26 and spent about ₹100 crore on capital expenditure during the year.
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July 24 (Reuters) - Kross Ltd KROS.NS:
JUNE-QUARTER PROFIT 133.1 MILLION RUPEES
JUNE-QUARTER REVENUE FROM OPERATIONS 1.84 BILLION RUPEES
Source text: [ID:]
Further company coverage: KROS.NS
(([email protected];))
July 24 (Reuters) - Kross Ltd KROS.NS:
JUNE-QUARTER PROFIT 133.1 MILLION RUPEES
JUNE-QUARTER REVENUE FROM OPERATIONS 1.84 BILLION RUPEES
Source text: [ID:]
Further company coverage: KROS.NS
(([email protected];))
May 12 (Reuters) - Kross Ltd KROS.NS:
KROSS MARCH-QUARTER PROFIT 224.5 MILLION RUPEES
KROSS MARCH-QUARTER REVENUE FROM OPERATIONS 2.25 BILLION RUPEES
Source text: ID:nBSE8TKFf9
Further company coverage: KROS.NS
(([email protected];))
May 12 (Reuters) - Kross Ltd KROS.NS:
KROSS MARCH-QUARTER PROFIT 224.5 MILLION RUPEES
KROSS MARCH-QUARTER REVENUE FROM OPERATIONS 2.25 BILLION RUPEES
Source text: ID:nBSE8TKFf9
Further company coverage: KROS.NS
(([email protected];))
Dec 4 (Reuters) - Kross Ltd KROS.NS:
KROSS LTD - ACQUISITION OF INDUSTRIAL LAND FROM JIADA IN JHARKHAND
KROSS - CO TO SUBSCRIBE TO SHARES OF ADITYAPUR ELECTRONIC FOR 49.3 MILLION RUPEES
Source text: ID:nBSE57n5Pv
Further company coverage: KROS.NS
(([email protected];))
Dec 4 (Reuters) - Kross Ltd KROS.NS:
KROSS LTD - ACQUISITION OF INDUSTRIAL LAND FROM JIADA IN JHARKHAND
KROSS - CO TO SUBSCRIBE TO SHARES OF ADITYAPUR ELECTRONIC FOR 49.3 MILLION RUPEES
Source text: ID:nBSE57n5Pv
Further company coverage: KROS.NS
(([email protected];))
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Popular questions
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What does Kross do?
Kross Manufacturers (India) Pvt Ltd is a leading supplier to OEMs, KROSS is an acknowledged specialist in manufacturing a wide variety of critical automobile components like Universal Joints, Diff. Spiders, Axle Shafts, Spindles, Companion Flanges and many critical Tractor Parts- like Stub Axle, P.T.O Shafts, Hydraulic Shafts Ring Gear etc.
Who are the competitors of Kross?
Kross major competitors are NDR Auto Components, Studds Accessories, Bharat Seats, Jay Bharat Maruti, Rico Auto Industries, Precision Camshafts, Automobile Corp.Goa. Market Cap of Kross is ₹1,464 Crs. While the median market cap of its peers are ₹1,288 Crs.
Is Kross financially stable compared to its competitors?
Kross seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Kross pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Kross latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Kross allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery
How strong is Kross balance sheet?
Balance sheet of Kross is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Kross improving?
Yes, profit is increasing. The profit of Kross is ₹57.83 Crs for TTM, ₹55.21 Crs for Mar 2026 and ₹48.03 Crs for Mar 2025.
Is the debt of Kross increasing or decreasing?
Yes, The net debt of Kross is increasing. Latest net debt of Kross is ₹5.37 Crs as of Mar-26. This is greater than Mar-25 when it was -₹135.17 Crs.
Is Kross stock expensive?
Kross is not expensive. Latest PE of Kross is 25.16, while 3 year average PE is 25.25. Also latest EV/EBITDA of Kross is 15.73 while 3yr average is 17.18.
Has the share price of Kross grown faster than its competition?
Kross has given better returns compared to its competitors. Kross has grown at ~11.19% over the last 1yrs while peers have grown at a median rate of 3.0%
Is the promoter bullish about Kross?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 68.57% and last quarter promoter holding is 68.52%.
Are mutual funds buying/selling Kross?
The mutual fund holding of Kross is stable. The current mutual fund holding in Kross is 4.56% while previous quarter holding is 4.56%.