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Kore Digital Ltd (KDL) Share Price & Fundamentals

Company Overview

Founded Year

2009

Listed Year

2023

Headquarter

Mumbai, Maharashtra, India

MD/CEO

Ravindra Doshi

Website

http://www.koredigital.com

Company Facts

What we do

Kore Digital Ltd is a telecom infrastructure provider in Maharashtra, installing and maintaining poles, towers, and optical fiber cables for major telecom operators.

Founded in

2,009

Market share

A growing player with commissioned 600+ pole sites and 700 km fiber network near Mumbai.

Problem solved

Facilitates reliable telecom connectivity by providing passive infrastructure and maintaining fiber networks, preventing service disruptions.

Top clients or who we serve

Serves telecom network operators like Bharti Airtel, Vodafone Idea, Tata Teleservices, Reliance JIO, and telecom vendors; primarily B2B.

Key management

Ravindra Doshi (Managing Director), Kashmira Doshi (Director & CFO), Chaitanya Doshi (Director & CEO)

Our journey and innovations

Incorporated 2009; renamed 2022; IPO in 2023; developed 2000 km fiber for top telecom firms; expanded underground backbone.

Where we operate

Operations concentrated in Maharashtra including Mumbai, Navi Mumbai, Thane, Bhivandi, Kalyan, Panvel, and Pune.

Top products or what we offer

Passive telecom infrastructure services including pole and tower installations, duct and optical fiber cable laying, and maintenance.

Top brands

No specific brands; key service providers to major telecom firms with extensive fiber optic network infrastructure.

Raw materials needed

Optical fiber cables, poles, ducts, and related telecom hardware supplied primarily by vendors such as Sterlite Technologies and Usha Martin.

Raw materials supplier

Suppliers include Sterlite Technologies Limited, Usha Martin Ltd, and Ductrove Innovations Pvt Ltd.

Recurring vs cyclical contribution

Revenue is primarily project-based with recurring maintenance contracts contributing to steady income streams.

Our industry position

Established regional telecom infrastructure provider with strategic vendor partnerships and growing footprint in Maharashtra.

Financial highlights

Standalone revenue Rs 132 Crore and net profit Rs 9.6 Crore for FY 2024-25; revenue grew 25.7% YoY.

Geographical revenue split

Revenue primarily from Maharashtra, with major activities in Mumbai metropolitan and Pune regions.

Order book

Undisclosed; executing multiple vendor projects for leading telecom operators and ongoing network maintenance contracts.

Whats driving growth

Rising telecom demand, network expansions by operators, and increasing need for fiber optic infrastructure driving growth.

Our future plans

Focus on expanding fiber network, increasing underground backbone coverage, and enhancing maintenance services in Maharashtra.

Our green promise

-

Our people and values

A leadership team with family involvement; emphasis on compliance, ethics, and operational excellence.

Key challenges ahead

Competition from other infrastructure providers and managing large-scale network projects while maintaining profitability.

Interesting facts

Commissioned over 600 pole-based cell sites; developed extensive underground fiber optic backbone exceeding 600 km.

Risks and strategy

Risk from project delays and operational challenges mitigated by strong vendor relationships and diversified client base.

Market Footprint

Top Clients

Top Clients

Serves telecom network operators like Bharti Airtel, Vodafone Idea, Tata Teleservices, Reliance JIO, and telecom vendors; primarily B2B.

Top Products

Top Products

Passive telecom infrastructure services including pole and tower installations, duct and optical fiber cable laying, and maintenance.

Price Movement & Share Holding

Today's High/Low

2324

52 Week High/Low

21.05800.99
Past Returns

1 week

-11.07%

1 month

-58.36%

3 month

-79.34%

1 year

-87.2%

3 year

-76.58%

5 year

-64.02%

Share Holding

Promoters

63.86%

FII

0%

DII

0.01%

Retail

34.65%

Others

1.49%

Company Overview

Founded Year

2009

Listed Year

2023

Headquarter

Mumbai, Maharashtra, India

MD/CEO

Ravindra Doshi (Managing Director)

Website

http://www.koredigital.com

Price Movement & Share Holding

Today's High/Low

2324

52 Week High/Low

21.05800.99

Past Returns

1 week

-11.07%

1 month

-58.36%

3 month

-79.34%

1 year

-87.2%

3 year

-76.58%

5 year

-64.02%

Share Holding

Promoters

63.86%

FII

0%

DII

0.01%

Retail

34.65%

Others

1.49%

Company Facts

What we do

Kore Digital Ltd is a telecom infrastructure provider in Maharashtra, installing and maintaining poles, towers, and optical fiber cables for major telecom operators.

Founded in

2009

Market share

A growing player with commissioned 600+ pole sites and 700 km fiber network near Mumbai.

Problem solved

Facilitates reliable telecom connectivity by providing passive infrastructure and maintaining fiber networks, preventing service disruptions.

Top clients or who we serve

Serves telecom network operators like Bharti Airtel, Vodafone Idea, Tata Teleservices, Reliance JIO, and telecom vendors; primarily B2B.

Key management

Ravindra Doshi (Managing Director), Kashmira Doshi (Director & CFO), Chaitanya Doshi (Director & CEO)

Our journey and innovations

Incorporated 2009; renamed 2022; IPO in 2023; developed 2000 km fiber for top telecom firms; expanded underground backbone.

Where we operate

Operations concentrated in Maharashtra including Mumbai, Navi Mumbai, Thane, Bhivandi, Kalyan, Panvel, and Pune.

Top products or what we offer

Passive telecom infrastructure services including pole and tower installations, duct and optical fiber cable laying, and maintenance.

Top brands

No specific brands; key service providers to major telecom firms with extensive fiber optic network infrastructure.

Raw materials needed

Optical fiber cables, poles, ducts, and related telecom hardware supplied primarily by vendors such as Sterlite Technologies and Usha Martin.

Raw materials supplier

Suppliers include Sterlite Technologies Limited, Usha Martin Ltd, and Ductrove Innovations Pvt Ltd.

Recurring vs cyclical contribution

Revenue is primarily project-based with recurring maintenance contracts contributing to steady income streams.

Our industry position

Established regional telecom infrastructure provider with strategic vendor partnerships and growing footprint in Maharashtra.

Financial highlights

Standalone revenue Rs 132 Crore and net profit Rs 9.6 Crore for FY 2024-25; revenue grew 25.7% YoY.

Geographical revenue split

Revenue primarily from Maharashtra, with major activities in Mumbai metropolitan and Pune regions.

Order book

Undisclosed; executing multiple vendor projects for leading telecom operators and ongoing network maintenance contracts.

Whats driving growth

Rising telecom demand, network expansions by operators, and increasing need for fiber optic infrastructure driving growth.

Our future plans

Focus on expanding fiber network, increasing underground backbone coverage, and enhancing maintenance services in Maharashtra.

Our people and values

A leadership team with family involvement; emphasis on compliance, ethics, and operational excellence.

Key challenges ahead

Competition from other infrastructure providers and managing large-scale network projects while maintaining profitability.

Interesting facts

Commissioned over 600 pole-based cell sites; developed extensive underground fiber optic backbone exceeding 600 km.

Risks and strategy

Risk from project delays and operational challenges mitigated by strong vendor relationships and diversified client base.

Market Footprint

Top Clients

Top Clients

Serves telecom network operators like Bharti Airtel, Vodafone Idea, Tata Teleservices, Reliance JIO, and telecom vendors; primarily B2B.

Top Products

Top Products

Passive telecom infrastructure services including pole and tower installations, duct and optical fiber cable laying, and maintenance.

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