KOHE Kohinoor Energy Limited

Kohinoor Energy Limited (KOHE) financial ratios

Cash took about 135 days to cycle through receivables, inventory and payables.

FY2026 vs the Power Generation & Distribution median

Gross margin: 61.7%; Sector median 12.5%
Operating margin: 59.4%; Sector median 6.9%
Debt to equity: 42.6%; Sector median 32.9%

Median of the 16 companies in the sector with the figure for their latest fiscal year.

KOHE financial ratios (annual) (Rs mn)
Rs mn	FY2026 * Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 * Jul 2009 – Jun 2010	FY2009 * Jul 2008 – Jun 2009	FY2008 * Jul 2007 – Jun 2008	FY2007 Jul 2006 – Jun 2007
Profitability
Gross margin	61.7%	31.1%	23.0%	19.0%	13.6%	26.2%	28.6%	20.8%	15.2%	15.0%	15.2%	11.7%	10.6%	11.2%	10.7%	8.4%	8.9%	13.1%	12.9%	21.6%
EBITDA margin	—	28.7%	23.7%	19.7%	14.8%	28.0%	30.4%	19.4%	16.5%	16.3%	16.2%	12.3%	10.9%	11.6%	11.4%	9.0%	10.0%	14.2%	13.4%	22.4%
Operating margin	59.4%	23.9%	19.1%	16.3%	12.0%	21.9%	24.7%	14.1%	12.0%	11.9%	11.5%	9.5%	8.9%	9.4%	9.1%	6.5%	7.1%	11.1%	9.9%	17.7%
Pre-tax margin	5.5%	16.8%	16.0%	12.5%	10.4%	17.8%	13.7%	7.3%	8.8%	9.8%	9.6%	7.2%	7.2%	7.0%	7.0%	5.9%	7.5%	11.0%	8.9%	15.8%
Net margin	—	16.7%	16.0%	12.5%	10.4%	17.8%	13.7%	7.3%	8.8%	9.8%	9.5%	7.2%	7.1%	7.0%	7.0%	5.8%	7.0%	10.7%	8.8%	15.7%
Effective tax rate	0.1%	0.3%	0.1%	0.1%	0.1%	0.3%	0.0%	0.0%	0.0%	0.1%	0.1%	0.2%	0.3%	0.4%	0.4%	1.9%	5.7%	2.9%	1.5%	0.8%
Returns
Return on equity (ROE)	—	16.9%	32.3%	30.6%	27.4%	19.0%	16.7%	9.3%	12.1%	13.2%	11.2%	13.1%	15.5%	11.7%	11.5%	8.8%	9.7%	13.4%	10.1%	14.2%
Return on assets (ROA)	—	11.0%	21.5%	18.8%	15.2%	10.6%	8.7%	4.8%	6.8%	8.6%	7.8%	8.8%	11.8%	9.4%	8.7%	7.6%	9.3%	12.5%	8.9%	12.0%
Return on invested capital (ROIC)	—	17.6%	28.7%	26.8%	18.3%	13.5%	16.1%	9.4%	9.5%	10.8%	9.6%	11.9%	15.1%	13.2%	12.7%	9.7%	9.6%	13.5%	10.3%	12.6%
Liquidity
Current ratio	—	2.16×	1.67×	2.72×	1.47×	1.79×	1.57×	1.41×	1.45×	1.62×	1.80×	1.86×	1.68×	6.43×	2.21×	2.65×	7.48×	12.23×	3.50×	3.13×
Quick ratio	—	1.25×	1.26×	1.97×	1.22×	1.53×	1.51×	1.32×	1.30×	1.44×	1.46×	1.53×	1.42×	4.79×	1.99×	2.34×	6.22×	8.97×	3.01×	2.46×
Leverage
Debt to equity	42.6%	25.8%	54.7%	18.5%	83.0%	63.8%	82.4%	91.2%	88.0%	59.1%	41.1%	38.0%	51.7%	4.9%	34.6%	—	2.8%	0.0%	7.2%	10.2%
Debt to capital	29.9%	20.5%	35.4%	15.6%	45.4%	38.9%	45.2%	47.7%	46.8%	37.1%	29.1%	27.5%	34.1%	4.7%	25.7%	—	2.8%	0.0%	6.7%	9.3%
Debt to assets	—	19.5%	32.0%	14.0%	42.4%	37.9%	43.6%	46.5%	45.9%	36.2%	28.5%	26.8%	33.0%	4.5%	25.0%	—	2.7%	0.0%	6.4%	9.0%
Assets to equity	—	1.53×	1.50×	1.63×	1.80×	1.79×	1.93×	1.94×	1.77×	1.54×	1.43×	1.49×	1.31×	1.24×	1.32×	1.16×	1.05×	1.08×	1.13×	1.18×
Efficiency
Asset turnover	—	0.66×	1.35×	1.50×	1.47×	0.60×	0.63×	0.65×	0.77×	0.88×	0.82×	1.22×	1.65×	1.35×	1.24×	1.31×	1.31×	1.17×	1.02×	0.77×
Receivable days days	65	187	115	118	119	353	385	351	273	206	194	134	86	117	149	111	68	73	88	67
Inventory days days	74	153	62	45	33	52	29	41	39	42	52	31	26	27	20	21	26	27	26	43
Payable days days	4	19	14	13	9	12	7	2	1	1	2	1	1	1	2	3	1	3	3	4
Cash conversion cycle days	135	322	164	150	142	393	408	390	312	247	245	164	111	143	166	129	93	96	110	106
Dividends
Dividend payout ratio	—	163.9%	58.2%	43.1%	177.1%	141.3%	32.7%	122.9%	81.3%	110.6%	128.0%	110.6%	103.1%	230.2%	70.0%	67.3%	50.8%	85.5%	52.2%	30.4%
Earnings retention rate	—	(0.64×)	0.42×	0.57×	(0.77×)	(0.41×)	0.67×	(0.23×)	0.19×	(0.11×)	(0.28×)	(0.11×)	(0.03×)	(1.30×)	0.30×	0.33×	0.49×	0.14×	0.48×	0.70×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

KOHE: frequently asked questions

What is KOHE's EPS?

Kohinoor Energy Limited reported basic earnings per share of Rs 4.39 for FY2026 (Jul 2025 – Jun 2026).

What is KOHE's P/E ratio?

At the closing price of Rs 14.63 on 16 Oct 2026, KOHE trades at a P/E of 3.3× based on EPS of Rs 4.39 (FY2026).

Information only, not investment advice.