KECLKECL Forensic Risk Analysis

Other Electrical Equipment
Risk ClassWatch
Market CapN/A
Primary DriverEarnings Quality
Flagium AI Risk Score
Early signs of stress detected. Not yet widespread, but initial deterioration is visible.
23 / 100
-5 QoQ
Improving
Sentinel Insight

Financial profile remains stable for now. Pressure is receding in profitability and earnings quality. This suggests the risk profile is currently stabilizing. Risk levels are improving.

86.4th %ile (Sector)Accel: +0 Qtrs
Updated2026-06-02
Market View
₹120.11▲0%
PeriodQ4 FY26

Score Waterfall
Absolute contribution points of each forensic pillar to the final risk score. Derived from: Sector Baseline + Active Penalties - Mitigation Buffers.

Earnings Quality
+11.9 pts
Balance Sheet Stress
+11.5 pts
Final Composite Risk23 / 100

Investment Risk Thesis

Historical Trend

Current risk score has risen from 4 → 23 over 13 quarters.

Expected Direction
🟢 Improving
Primary Deterioration Drivers
  • Inventory Stress
  • Relative Growth Weakness
  • Industrial Margin Stress
What to Watch Next Quarter
  • Operating profit margins
  • Inventory turnover
  • Operating cash flow

Active Risk Objects (8)

CriticalHigh
Relative Growth Weakness
📊 Earnings QualityAnnualActive for 2 Years
More Detail
Impact Weight12/15
MomentumAccelerating
Last SignalQ2 FY2026
Revenue growth consistently lags behind sector median (12.8%).

"Early signs of earnings quality decay. Profitability is being driven by non-core items."

Industrial Margin Stress
📉 Trend DeteriorationAnnualActive for 5 Years
More Detail
Impact Weight12/15
MomentumPersistent
Last SignalQ4 FY2026
KECL: Raw material costs consumed an additional 5.6% of revenue YoY.

"Margins are in freefall. Operating costs are growing significantly faster than revenue."

Low Interest Coverage
💧 Liquidity & CoverageQuarterlyActive for 11 Qtrs
More Detail
Impact Weight8/15
MomentumPersistent
Last SignalQ4 FY2026
KECL: Low Interest Coverage Ratio of 0.92x in FY2026 Q4 (Threshold: 2.5x).

"Interest coverage is dangerously low. Even a minor fall in profit could trigger a default."

Inventory Stress
📊 Earnings QualityAnnualActive for 1 Years
More Detail
Impact Weight15/15
MomentumAccelerating
Last SignalQ2 FY2026
Inventory growth (1.9%) significantly outpaced revenue growth (-6.3%).

"Stock is piling up in the warehouse. Inventory turnover is slowing down dangerously."

Profit Collapse
📊 Earnings QualityQuarterlyActive for 6 Qtrs
More Detail
Impact Weight8/15
MomentumDecaying
Last SignalQ1 FY2026
KECL: Net Profit collapsed by 78.2% from FY2025 Q1 to FY2026 Q1.

"Earnings quality is stabilizing. The reliance on non-operational items is receding."

Cash Conversion Deficit
📊 Earnings QualityAnnualActive for 1 Years
More Detail
Impact Weight6/15
MomentumDecaying
Last SignalFY2024
KECL: OCF below Net Profit in 2/3 recent years.

"Cash conversion has normalized in the latest period. Operational cash flow is back in sync."

Operating Leverage Stress
📊 Earnings QualityAnnualActive for 2 Years
More Detail
Impact Weight10/15
MomentumAccelerating
Last SignalQ1 FY2026
Expenses are consistently growing faster than revenues, creating operational pressure.

"Debt levels are creeping up. Monitor for signs of excessive borrowing for non-core activities."

Working Capital Expansion
💧 Liquidity & CoverageAnnualActive for 2 Years
More Detail
Impact Weight10/15
MomentumDecaying
Last SignalQ4 FY2024
Working capital expansion detected: Receivable days increased by 35.9%.

"Working capital pressure is receding. Cash previously locked in operations is being released."

Risk Trajectory
Historical 12-quarter risk trend (Q-11 to Q0) followed by a 2-quarter predictive funnel (Q+1, Q+2).
Loading Chart
Resilience Matrix
Diagnostic benchmarking comparing structural sensitivity and risk buffers against sector medians.
MetricValuevs SectorSignal
Volatility (σ)6.425.89⚠️ HIGH
Sensitivity (ε_s)11.00✅ RESILIENT
Escalation Prob.5%5%✅ NEUTRAL
Safety Buffer+43.0+54.0📈 CRITICAL
Forensic Benchmark Context: Other Electrical Equipment (n=23 peers)

Correlation Analysis
Visualizing the relationship between stock price movement and structural risk objects.

Loading Chart
Share Price
Risk Score (0-100)
Market Performance
₹120.11(+0%)
1M Divergence-8.31%
1 Week-5%
1 Month-6.04%
6 Months+15.21%
1 Year-5.51%
2 Year-34.38%
3 Year+3.41%
Sector Average (1M)+2.27%
Sentinel Forensic Assessment
ALGORITHMIC RISK PROFILE • NON-ADVISORY

The risk profile is Early Signals and currently improving. Recent structural triggers in earnings quality suggest a building pressure on the underlying framework. Material forensic traces are visible in operational margins and profitability metrics, indicating a progressive erosion of structural stability. Initial structural recovery is visible; monitor for a sustained return to resilience.

KECL • MARKET STRUCTURE

Stage 1 — Accumulation

The company is in a foundational phase. Risk metrics are stabilizing as the company builds a base for potential future fundamental improvement.

Stage Transition Prob.82%
Trend QualityDeveloping
Phase Progression
Phase Progression Score75%
Readiness LabelHigh (Phase Transition Imminent)
Probability of Advancing82%
CoinTree Momentum
Composite Z-Score+0.7276σ
Improving momentum strength
Universe Rank
A cross-sectional rank of this stock's composite momentum score compared to all other tracked equities in the universe. A rank of #1 of 1035 means it has the strongest overall price momentum in the market.
#336 of 2716
Top 12.37% in momentum strength
Timeframe Sparklines
1W-5.0%
1M-6.0%
6M+15.2%
Weinstein Indicators
150 DMA₹103.32
200 DMA₹107.25
150 DMA Slope+0.2164%Rising
Relative Strength+21.58%Leading
Relative Turnover (RTR)1.5431
ParticipationHealthy

PEER COMPARISON

Ranked comparison against sector peers

This company shows higher risk compared to the Sector Mean (12).
EMMVEEEMMVEE
14 Risk
Sector %ile55th
Delta-2
Active Flags3
Accel+0
Balance Sheet Stress

Stable

KECLKECL
23 Risk
Sector %ile86th
Delta-5
Active Flags8
Accel+0
Earnings Quality

Watch

URJAURJA
35 Risk
Sector %ile100th
Delta+25
Active Flags21
Accel+3
Earnings Quality

Watch

* Peer comparison is based on risk signals, not valuation or returns.

Risk Profiles

Solvency
10100th %ile
VS Sector Median (8.5)
Governance
10100th %ile
VS Sector Median (8.5)
Earnings Quality
2.120.8th %ile
VS Sector Median (8.5)
Balance Sheet Stress
4.242.4th %ile
VS Sector Median (8.5)
Competitive Position
10100th %ile
VS Sector Median (8.5)
Growth Sustainability
10100th %ile
VS Sector Median (8.5)

Deterioration Timeline

2026

Industrial Margin Stress

2026

Industrial Margin Stress

2026

Relative Growth Weakness

2026

Inventory Stress

2026

Operating Leverage Stress

2026

Industrial Margin Stress

2026

Relative Growth Weakness

2025

Operating Leverage Stress

2025

Industrial Margin Stress

2024

Working Capital Expansion

2024

Industrial Margin Stress

2024

Working Capital Expansion

2024

Cash Conversion Deficit

Key Financials (INR Cr)

PeriodRevenueNet ProfitOCFDebt
FY2026600825100
FY2025552436116
FY20245651437126
FY2023496317133