KRISHNA DEFENCE AN (KRISHNADEF) – Share Price & Analysis

Price ₹830.20, Market Cap 1.19K (Cr), P/E 44.00x. Score: 70.5/100.

Financial Ratios PE Ratio Shareholding Dividend Quarterly Results Financial Statements

KRISHNA DEFENCE AN Stock Price Today (NSE: KRISHNADEF)

KRISHNA DEFENCE AN

KRISHNADEFAerospace & Defense

₹830.20+₹0.00 (+0.00%)

As on 18 Jun 2026, 11:00 am ISTMarket Closed

Fundamental Score

...

KRISHNA DEFENCE AN Share Price — Live NSE/BSE Price, Fundamentals & Analysis

KRISHNA DEFENCE AN share price today is ₹830.20, up +0.00% on NSE/BSE as of 18 June 2026. KRISHNA DEFENCE AN (KRISHNADEF) is a Small-cap company in the Aerospace & Defense sector with a market capitalisation of ₹1.19K (Cr). The 52-week high for KRISHNADEF share price is ₹968.80 and the 52-week low is ₹665.00. At a P/E ratio of 44.00x, KRISHNADEF is currently trading below its industry average P/E of 64.22x. The company has a Return on Equity (ROE) of 18.44% and a debt-to-equity ratio of 0.00.

KRISHNA DEFENCE AN Share Price Chart — NSE/BSE Historical Performance

No data

High

₹841.00

Low

₹665.00

Volume

32.0K

Change

+5.26%

KRISHNA DEFENCE AN — Last 10 Trading Days

Date	Open	High	Low	Close	Volume
29 Dec 25	₹810.00	₹841.00	₹800.80	₹830.20	49.50K (Cr)
26 Dec 25	₹777.20	₹797.75	₹777.20	₹792.95	26.50K (Cr)
24 Dec 25	₹791.00	₹793.00	₹781.70	₹783.05	10.50K (Cr)
23 Dec 25	₹770.00	₹810.00	₹756.05	₹795.70	93.00K (Cr)
22 Dec 25	₹729.05	₹782.00	₹729.05	₹773.00	40.50K (Cr)
19 Dec 25	₹684.90	₹749.00	₹666.00	₹727.25	43.25K (Cr)
18 Dec 25	₹675.10	₹682.00	₹665.00	₹673.20	39.25K (Cr)
17 Dec 25	₹697.45	₹718.45	₹674.00	₹679.10	24.50K (Cr)
15 Dec 25	₹750.50	₹750.50	₹720.00	₹724.00	14.50K (Cr)
11 Dec 25	₹725.00	₹725.60	₹707.50	₹725.10	16.25K (Cr)

KRISHNA DEFENCE AN — Last 12 Months Price History

Month	Open	High	Low	Close	Change
Dec 2025	₹794.00	₹841.00	₹665.00	₹830.20	+4.56%
Nov 2025	₹808.95	₹860.00	₹760.50	₹846.25	+4.61%
Oct 2025	₹781.00	₹855.00	₹770.00	₹784.65	+0.47%
Sept 2025	₹775.10	₹862.50	₹730.30	₹780.90	+0.75%
Aug 2025	₹817.00	₹840.00	₹765.00	₹773.10	-5.37%
Jul 2025	₹900.25	₹940.00	₹777.10	₹817.45	-9.20%
Jun 2025	₹954.00	₹980.00	₹865.35	₹896.60	-6.02%

AI Research Briefing

Micro-cap defense play betting on government largesse, but liquidity and execution risks loom large.

Research Confidence

6.0/10Moderate

GOVT CAPEX DARK HORSEConsolidation. 1M: 0.41%, 3M: 4.91%, 6M: -5.09%P/E of 44.0x vs Industry P/E of 64.22x suggests it's fairly valued

WHAT'S HAPPENING NOW (last 2-4 weeks)

Krishna Defence formed a JV with Vabo Netherlands called "Krishna Vabo Defence Composites Private Limited" effective April 2, 2026. Krishna Defence holds 51% of the share capital, investing

CORE STORY (THE REAL GAME)

Krishna Defence is playing the 'Atmanirbhar Bharat' card, positioning itself to benefit from the government's push for defense indigenization and increased spending in the aerospace and defense sector. It's a play on import substitution and domestic manufacturing in specialized steel and composite solutions.

WHAT IS DRIVING THE STOCK

JV Formation: The creation of Krishna Vabo Defence Composites Private Limited to manufacture composite solutions tailored for the defense and maritime industries.

Government Initiatives: The 'Atmanirbhar Bharat' mission and policies like the Electronics Component Manufacturing Policy 2025 (GECMS-2025), which focuses on building a complete electronics ecosystem vital for defence.

BULL vs BEAR

Bull:Order book expansion driven by government contracts and increased private sector participation in defense manufacturing. Focus on specialized steel products and composite solutions gives them a niche.

Bear:Small-cap company faces execution risks in fulfilling large orders. Dependence on government contracts exposes them to policy changes and delays. Negative free cash flow of ₹-38.23 Cr raises concerns about financial sustainability. Liquidity risk is high given the micro-cap status.

WHAT MARKET IS PRICING

The market is pricing in continued order wins and revenue growth fueled by the government's defense spending. Expect a correction if order inflows slow down or margins compress.

BOTTOM LINE

Krishna Defence is a high-beta play on Indian defense indigenization. Liquidity is a major concern. Avoid if you can't stomach volatility.

Why Now

JV formation for composite solutions
Government push for defense indigenization
Positive sentiment in the aerospace and defense sector

Potential Catalysts

Significant order wins from the Ministry of Defence
Successful execution of the JV's manufacturing plans
Increase in FII/DII stake

Key Risks

Micro-cap liquidity risk
Negative free cash flow
Dependence on government contracts

Institutional Activity

FII stake increased by 0.2% and DII stake increased by 0.68%

Macro Context

Government's focus on 'Atmanirbhar Bharat' is a tailwind

Order Book / Expansion

Krishna Defence formed a JV with Vabo Netherlands called "Krishna Vabo Defence Composites Private Limited" effective April 2, 2026.

Cash Flow Quality

No. Free Cash Flow 5Y: ₹-38.23 Cr

3–6 Month Outlook

Focus on composite solutions and specialized steel could drive growth. Execution is key to realizing potential.

Primary Thesis Risk

Inability to convert government contracts into revenue will crater the stock.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Good

Return on Equity (ROE)

18.44%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

24.31%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

15.01%

Average operating profit margin over 5 years

Dividend Yield

0.13%

Annual dividend as % of current share price

KRISHNA DEFENCE AN Valuation Check

Excellent

Price to Earnings (P/E)

44.00x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

64.22x

Average P/E of all peers in this sector

Market-cap Classification

Small-cap

Higher growth potential with higher volatility.

Market Capitalisation

1.19K (Cr)

Total market value of all outstanding shares

Shareholding Pattern

Excellent

Promoter Holding

60.02%

% shares held by company founders/management

Poor

FII Holding

0.24%

% shares held by foreign institutional investors

Poor

DII Holding

0.68%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

47.36%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

28.11%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

50.94%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

54.23%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

96.39%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.00x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

59.35x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-38.23 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

KRISHNA DEFENCE AN Fundamental Analysis & Valuation Benchmarking

Educational evaluation of KRISHNADEF across key market metrics for learning purposes.

Positive Indicators

13 factors identified

Strong Return on Equity (18.44%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (24.31%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (15.01%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Attractive Valuation (P/E: 44.00 vs Industry: 64.22)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (47.36%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (28.11%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (50.94% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (54.23% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (96.39% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Debt-Free Balance Sheet (D/E: 0.00)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (59.35x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (60.02%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

2 factors identified

Negative Free Cash Flow (₹-38.23 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 0.92%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

KRISHNA DEFENCE AN vs Aerospace & Defense Peers

Peer Comparison - Aerospace & Defense

Compare KRISHNA DEFENCE AN with 10 other companies in the same sector

11 companies

Company Info	Fundamental Overall score	Valuation Price metrics	Profitability Return metrics		Financial Health Debt management	Growth 5Y performance		Dividend Yield %
Company Company name	Score Bull Run comprehensive fundamental score based on 20+ metrics	Price Current trading price of the stock	Market Cap Total value of all shares in the market	P/E Price per share divided by earnings per share	ROE Net income divided by shareholder equity	ROCE Earnings before interest and tax divided by capital employed	Debt/Eq Total debt divided by total equity	Profit 5Y Average annual profit growth over 5 years	Sales 5Y Average annual sales growth over 5 years	Dividend Annual dividend per share divided by price per share
KRISHNA DEFENCE ANKRISHNA DEFENCE...Selected✓ KRISHNADEF •	70.5/100	₹830.20₹830	₹1185.32₹1185.32	44.00Average 44.0 Average	18.44%Good 18.44% Good	24.31%Excellent 24.31% Excellent	0.00Excellent 0.0 Excellent	96.39%Excellent 96.39% Excellent	50.94%Excellent 50.94% Excellent	0.13%
Bharat Electronics LimitedBharat Electron... BEL • 500049	71.3/100	₹419.10₹419	₹305148.74₹305148.74	53.58Average 53.6 Average	29.22%Excellent 29.22% Excellent	38.88%Excellent 38.88% Excellent	0.00Excellent 0.0 Excellent	23.80%Excellent 23.80% Excellent	12.88%Good 12.88% Good	0.58%
Hindustan Aeronautics LtdHindustan Aeron... HAL • 541154	64.7/100	₹4413.00₹4413	₹303005.23₹303005.23	35.78Average 35.8 Average	26.07%Excellent 26.07% Excellent	33.88%Excellent 33.88% Excellent	0.00Excellent 0.0 Excellent	24.46%Excellent 24.46% Excellent	7.63%Good 7.63% Good	0.88%
Bharat Dynamics LtdBharat Dynamics... BDL • 541143	59.3/100	₹1282.20₹1282	₹56082.09₹56082.09	85.74Average 85.7 Average	14.38%Average 14.38% Average	19.66%Good 19.66% Good	0.00Excellent 0.0 Excellent	0.55%Average 0.55% Average	1.50%Average 1.50% Average	0.30%
Garden Reach Shipbuilders & Engineers LtdGarden Reach Sh... GRSE • 542011	75.8/100	₹2651.50₹2652	₹31331.65₹31331.65	50.83Average 50.8 Average	27.60%Excellent 27.60% Excellent	36.64%Excellent 36.64% Excellent	0.01Excellent 0.0 Excellent	25.45%Excellent 25.45% Excellent	28.78%Excellent 28.78% Excellent	0.51%
Data Patterns India LtdData Patterns I... DATAPATTNS • 543428	62.59999999999999/100	₹4139.20₹4139	₹16382.83₹16382.83	70.18Average 70.2 Average	15.18%Good 15.18% Good	21.00%Excellent 21.00% Excellent	0.00Excellent 0.0 Excellent	59.36%Excellent 59.36% Excellent	35.32%Excellent 35.32% Excellent	0.27%
Zen Technologies LtdZen Technologie... ZENTEC • 533339	61.1/100	₹1686.00₹1686	₹12606.74₹12606.74	50.99Average 51.0 Average	26.08%Excellent 26.08% Excellent	37.22%Excellent 37.22% Excellent	0.01Excellent 0.0 Excellent	36.63%Excellent 36.63% Excellent	45.50%Excellent 45.50% Excellent	0.14%
Apollo Micro Systems LtdApollo Micro Sy... APOLLO • 540879	44.3/100	₹417.85₹418	₹9506.52₹9506.52	111.53Average 111.5 Average	10.23%Average 10.23% Average	14.54%Average 14.54% Average	0.29Excellent 0.3 Excellent	32.71%Excellent 32.71% Excellent	17.98%Excellent 17.98% Excellent	0.09%
Astra Microwave Products LtdAstra Microwave... ASTRAMICRO • 532493	39.4/100	₹1397.40₹1397	₹8938.57₹8938.57	55.49Average 55.5 Average	14.43%Average 14.43% Average	18.72%Good 18.72% Good	0.24Excellent 0.2 Excellent	28.59%Excellent 28.59% Excellent	17.61%Excellent 17.61% Excellent	0.23%
Mtar Technologies LtdMtar Technologi... MTARTECH • 543270	11/100	₹7889.50₹7890	₹7920.44₹7920.44	170.88Average 170.9 Average	7.51%Poor 7.51% Poor	10.51%Average 10.51% Average	0.25Excellent 0.3 Excellent	11.04%Good 11.04% Good	25.89%Excellent 25.89% Excellent	0.00%
Axiscades Technologies LtdAxiscades Techn... AXISCADES • 532395	44.7/100	₹1961.80₹1962	₹6046.35₹6046.35	65.54Average 65.5 Average	12.67%Average 12.67% Average	13.76%Average 13.76% Average	0.37Excellent 0.4 Excellent	21.31%Excellent 21.31% Excellent	8.90%Good 8.90% Good	0.00%

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KRISHNA DEFENCE AN PE Ratio History

Historical price-to-earnings ratio for KRISHNADEF — last 5 years

Year	EPS (₹)	Price (₹)	P/E Ratio
FY 2024	₹7.87	₹780.65	99.2x
FY 2023	₹4.63	₹378.00	81.6x
FY 2022	₹2.15	₹156.20	72.7x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

KRISHNA DEFENCE AN Dividend History

Annual cash dividends paid by KRISHNADEF — dividend yield 0.13%

Financial Year	Dividends Paid (₹ Cr)
FY 2025	₹0.70 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

KRISHNA DEFENCE AN Quarterly Performance

Latest quarterly metrics for KRISHNADEF — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

28.11%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

47.36%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

50.94%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

96.39%

Compounded annual net profit growth over 5 years

KRISHNA DEFENCE AN Technical Indicators

SMA 50, SMA 200, RSI and volume signals for KRISHNADEF — calculated from daily price history

Neutral — RSI 60

Momentum is balanced — neither overbought nor oversold.

SMA 50

₹789

▲ Price above SMA 50 — Short-term bullish

SMA 200

₹780

▲ Price above SMA 200 — Long-term uptrend

30-Day Avg Volume

32K shares/day

Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

KRISHNA DEFENCE AN Financial Statements

Annual income statement, balance sheet and cash flow for KRISHNA DEFENCE AN (KRISHNADEF) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for KRISHNA DEFENCE AN

About KRISHNADEF (KRISHNA DEFENCE AN)

KRISHNA DEFENCE AN (KRISHNADEF) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Aerospace & Defense sector with... a current market capitalisation of ₹1.19K (Cr). KRISHNA DEFENCE AN has delivered a Return on Equity (ROE) of 18.44% and a ROCE of 24.31%. The debt-to-equity ratio stands at 0.00, reflecting the company's capital structure. Investors tracking KRISHNADEF share price can monitor key metrics including P/E ratio, promoter holding of 60.02%, and quarterly earnings growth.

Company Details

Symbol:KRISHNADEF

Industry:Aerospace & Defense

Sector:Aerospace & Defense

Website:N/A

KRISHNADEF Share Price: Frequently Asked Questions

What is the current share price of KRISHNA DEFENCE AN?

KRISHNA DEFENCE AN (KRISHNADEF) trades at ₹830.20 on NSE. Market cap ₹1.19K (Cr). Educational data only.

What is the P/E ratio of KRISHNA DEFENCE AN?

KRISHNA DEFENCE AN has a P/E of 44.00x vs industry average 64.22x.

What is the Bull Run score for KRISHNA DEFENCE AN?

KRISHNA DEFENCE AN has a Bull Run score of 70.5/100 based on 25+ financial parameters.

Does KRISHNA DEFENCE AN pay dividends?

KRISHNA DEFENCE AN has a dividend yield of 0.13%. Past dividends don't guarantee future payments.

What is the ROE of KRISHNA DEFENCE AN?

KRISHNA DEFENCE AN has ROE of 18.44%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of KRISHNA DEFENCE AN?

KRISHNA DEFENCE AN has debt-to-equity of 0.00.

Is KRISHNA DEFENCE AN a good investment?

Bull Run gives KRISHNA DEFENCE AN a score of 70.5/100. This is not investment advice — consult a SEBI-registered advisor.