Karuturi Global Ltd - Stock Valuation and Financial Performance

BSE: 531687 | NSE: KGL | Floriculture | Small Cap

Karuturi Global Share Price

0.24 0.00 0.00%
as on 12-Apr'21 18:01

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Karuturi Global stock performance -

mw4me loader
P/E Ratio (SA):
8.04
Market Cap:
35.9 Cr.
52-wk low:
0.2
52-wk high:
0.2

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

The key valuation ratios of Karuturi Global Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is a good buy now?

No data found

10 Year X-Ray of Karuturi Global:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide

Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18TTM
ROCE % 1.7%1.2%1%0.6%-3.2%0.8%0.2%-0.3%0.1%-0.1%-
Value Creation
Index
-0.9-0.9-0.9-1.0-1.2-0.9-1.0-1.0-1.0-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 42.126.831.822.119.214.115.114.210.28.711
Sales YoY Gr.--36.4%18.6%-30.5%-13.4%-26.4%7.4%-5.9%-28.7%-14.9%-
Adj EPS 0.10.20.10.1-0.5-0.1-0.2-0.30-00
YoY Gr.-70%-41.2%-40%-966.7%NANANANA-200%-
BVPS (₹) 8.58.811.110.411.41212.210.4101010.1
Adj Net
Profit
4.48.48.25-41.7-9-18.8-32.10.8-1.34
Cash Flow from Ops. -79.2-59.9100-35.3-12.826.614.95.9-11.867-
Debt/CF from Ops. -5-5.82.3-7.6-31.416.13084.2-6.71.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -16.1%-14.7%-17%-14.9%
Adj EPS -177.4%NANA-200%
BVPS1.8%-2.5%-6.3%-0.1%
Share Price -16.8% -31.1% -3.9% -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18TTM
Return on
Equity %
1.21.91.20.6-4.7-1-1.9-3.10.1-0.10.3
Op. Profit
Mgn %
32.930.521.521.7-206.845.820.3-4.2-16-19.5-14
Net Profit
Mgn %
10.431.325.822.8-217.8-64-124.2-225.17.7-14.839.2
Debt to
Equity
10.80.30.30.40.40.50.50.10.1-
Working Cap
Days
8612,6301,9086,81714,91622,51320,84222,79133,62839,6997,941
Cash Conv.
Cycle
981641272032401982904307509956,076

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - Karuturi Global Ltd.

Standalone Consolidated
TTM EPS (₹) 0 -8
TTM Sales (₹ Cr.) 11.5 231
BVPS (₹.) 10.1 7
Reserves (₹ Cr.) 1,358 905
P/BV 0.02 0.03
PE 8.04 0.00
From the Market
52 Week Low / High (₹) 0.24 / 0.24
All Time Low / High (₹) 0.04 / 44.15
Market Cap (₹ Cr.) 35.9
Equity (₹ Cr.) 149.8
Face Value (₹) 1
Industry PE 55.6

Management X-Ray of Karuturi Global:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *2.732.732.732.732.732.732.732.732.732.73
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Karuturi Global

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18
Sales42.1426.8131.8022.1119.1514.1015.1414.2410.168.65
Operating Expenses 28.2718.7224.9619.6062.0519.9712.0714.8411.7810.34
Manufacturing Costs0.520.490.440.410.390.280.210.270.360.25
Material Costs15.686.3616.609.197.144.909.6612.479.128.14
Employee Cost 1.462.772.271.840.961.021.060.930.780.60
Other Costs 10.619.105.668.1553.5613.771.141.181.521.36
Operating Profit 13.878.096.832.51-42.90-5.873.07-0.60-1.62-1.69
Operating Profit Margin (%) 32.9%30.2%21.5%11.4%-224.0%-41.6%20.3%-4.2%-16.0%-19.5%
Other Income 3.682.767.0212.553.3117.9114.7612.890.850.10
Interest 10.721.702.091.824.3128.6231.1338.531.250
Depreciation 1.051.090.810.7010.950.670.540.750.37
Exceptional Items 0000020.3814.4314.7701.75
Profit Before Tax 5.798.0610.9512.54-44.892.850.46-12.01-2.77-0.21
Tax 0.70-0.721.041.10-2.04-5.81-0.900.88-3.84-0.16
Profit After Tax 5.098.789.9111.44-42.868.661.36-12.891.07-0.06
PAT Margin (%) 12.1%32.7%31.2%51.7%-223.0%61.4%9.0%-90.5%10.5%-0.6%
Adjusted EPS (₹)0.10.20.10.1-0.50.10.0-0.10.00.0
Dividend Payout Ratio (%)89%56%81%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18

Equity and Liabilities

Shareholders Fund 386.28430.32897.14839.10920.55974.63986.381,055.261,503.981,502.54
Share Capital 45.2948.9380.5580.9080.9780.9780.97101.97149.75149.75
Reserves 340.99381.39816.59758.21839.58893.65905.40953.291,354.231,352.79
Minority Interest0000000000
Debt394.21346.77230.9666.99371.86336.47290.09335.3777.178.50
Long Term Debt394.21346.77220.7051.16323.09316.65271.94257.320.460.46
Short Term Debt0010.2615.8348.7719.8218.1478.0576.718.04
Trade Payables4.190.901.191.632.323.544.9810.479.198.11
Others Liabilities 15.0890.8021.45298.6240.38100.57166.58170.77-1.8166.63
Total Liabilities 799.77868.801,150.731,206.331,335.121,415.211,448.031,571.881,588.531,585.78

Fixed Assets

Gross Block33.9033.0547.4742.7619.6815.9915.9715.3015.3015.28
Accumulated Depreciation4.875.826.045.706.216.3577.057.808.17
Net Fixed Assets29.0327.2341.4337.0613.479.648.978.247.507.11
CWIP 0000000000
Investments 592.49629.22984.63464.82459.16526.82586.70636.11635.92640.40
Inventories0.540.781.431.560.621.151.281.030.920.87
Trade Receivables18.3014.318.7017.3912.3412.8619.7726.8830.9630.36
Cash Equivalents 2.391.802.710.651.260.760.670.510.550.38
Others Assets157.02195.47111.83684.85848.26863.97830.63899.11912.67906.66
Total Assets 799.77868.801,150.731,206.331,335.121,415.211,448.031,571.881,588.531,585.78

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18
Cash Flow From Operating Activity -79.16-59.85100.37-35.31-12.7526.6314.905.93-11.8367
PBT 5.798.0610.9512.541.5415.310.43-12-2.77-0.21
Adjustment 11.592.882.384.08-31.688.9116.1523.951.57-1.17
Changes in Working Capital -96.54-68.188.06-51.3717.42.41-1.68-6.01-10.6268.38
Tax Paid 0-2.69-1.01-0.56-0.0100000
Cash Flow From Investing Activity 7.32-36.08-369.951.2426.14-2.016.20-65.97-13.881.29
Capex -9.330.62-14.931.3919.282.890.270.1800.02
Net Investments 10.97-0.15-355.41-0.916.79-83.80-26.71-117.90-13.911.31
Others 5.68-36.560.400.760.0778.9132.6451.760.03-0.05
Cash Flow From Financing Activity 67.8095.34270.4932.01-12.78-25.12-21.2059.8825.73-68.46
Net Proceeds from Shares 200.7042.42456.307.500.040021279.500
Net Proceeds from Borrowing 3.64000000000
Interest Paid -11.06-1.70-2.05-1.82-4.25-28.62-31.13-13.64-2.030
Dividend Paid -6.62-4.53-5.21-8.06000000
Others -118.8759.15-178.5634.39-8.573.509.9452.51-251.73-68.46
Net Cash Flow -4.04-0.590.91-2.060.61-0.50-0.10-0.160.03-0.17
PARTICULARSMar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18
Ratios
ROE (%)1.762.151.491.32-4.870.910.14-1.260.080
ROCE (%)2.311.191.311.28-3.342.312.231.78-0.1-0.01
Asset Turnover Ratio0.060.030.030.020.020.010.010.010.010.01
PAT to CFO Conversion(x)-15.55-6.8210.13-3.09N/A3.0810.96N/A-11.06N/A
Working Capital Days
Receivable Days1332221322152833263935981,0391,293
Inventory Days591325212329303538
Payable Days541462356101219161226393388

Karuturi Global Ltd Stock News

Karuturi Global Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Karuturi Global on 12-Apr-2021 18:01 is ₹0.24.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 12-Apr-2021 18:01 the market cap of Karuturi Global stood at ₹35.94.
The latest P/E ratio of Karuturi Global as of 12-Apr-2021 18:01 is 8.04.
The latest P/B ratio of Karuturi Global as of 12-Apr-2021 18:01 is 0.02.
The 52-week high of Karuturi Global is ₹0.24 and the 52-week low is ₹0.24.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Karuturi Global is ₹11.46 ( Cr.) .

About Karuturi Global Ltd

Incorporated in 1994 Karuturi Global (KGL) is the largest producer of cut roses in the world, with are area of over 292 hectares under Greenhouse cultivation and an annual production capacity of around 555 million stems.

Equipped with a robust and de-risked business model, Karuturi Global’s other fast-growing business realms are food processing, floriculture retail including a flower auction portal and information technology. The company has an integrated production model encompassing in-house plantation, cultivation and distribution capabilities coupled with a series of green initiatives make us one of the lowest cost producer of cut roses in the world.

Headquartered in India, the company has international offices located in Ethiopia, Kenya, Dubai and Holland. It exports products to countries namely Holland, Germany, United Kingdom, Italy, Singapore, Hong Kong, Taiwan, Bahrain, Muscat, Dubai, Australia, Japan, New Zealand, Brunei and North America. Further, the company operates four wholly owned subsidiaries -- Karuturi Floritech, Karuturi Foods, Karuturi Telecom and Karuturi Flower Express.

Businesses

Floriculture- Under this, the company undertakes in-house plantation, cultivation and distribution of roses. KGL produces roses in various colours viz. red, pink, yellow, orange, white and bi-colour. It has an output of about 500 million stems per annum.

Agriculture- Under this, Karuturi Global, is engaged in production of cereals, crops and vegetables. The company was granted about 300,000 hectares of land by Ethiopian government.

Food Processing- The Company’s food processing plant, located at Tumkur, has installed capacity of 6,000 tonnes per annum. This facility undertakes bulk processing and bottling of gherkins, raddish, beetroot, carrot, baby corn, jalapenos and green bell peppers. Exports are targeted mainly to Europe and the US.

IT Business- Under this, the company offers internet services provider (ISP) and software services. It offers ISP services to large MNCs and medium-sized companies.

Key Milestones

From a modest beginning in 1994, as an export-oriented unit for floriculture, The company has expanded its presence into agriculture and food processing verticals with operations spread across Ethiopia, Kenya and India. Following are company’s key milestones:

2009:

  • Maize Cultivation commenced at Bako
  • Acquired 3 lac hectares of land in Gambela
  • Land clearing in process at Gambela
  • Initiated palm plantation in primary nursery

2008:

  • Acquired 11,000 hectares of land in Bako, Ethiopia for foray into agriculture
  • Initiated setting up of gherkins bottling plant at Tumkur near Bangalore

2007:

  • Acquired Sher Agency to become world's largest cut rose producer
  • Expanded its cut-rose production into Naivasha, Kenya

2004:

  • Commenced operations in Ethiopia to produce and export the Hybrid Tee
  • 1994: Incorporated as Karuturi Floritech – a 100% Export Oriented Unit (EOU) for floriculture

Awards & Recognition:

EOY Award: Sai Ramakrishna Karuturi, Managing Director of Karuturi was awarded the Ernst & Young Business Entrepreneur of the year 2009 from India.

CCA Award: Sai Ramakrishna Karuturi, Managing Director of Karuturi Global Ltd was conferred with another prestigious award for business excellence in Agribusiness in Africa by CCA, Corporate Council on Africa, for the year 2009.

Workplace Award Commended (2009): Sher Karuturi: In 2004, Sher Karuturi began a workplace HIV/AIDS program with the aim of creating a work environment that supported employees and their families in dealing with the disease. In 2006, with the threat of other health issues on the rise, the program expanded to include tuberculosis and malaria.

The company's workplace efforts focus on educating employees about their health risks, giving them access to screening and testing, and providing treatment where necessary. Sher Karuturi has seen great successes deploying resources to its employees-for example, while the company only distributed 500 condoms in 2005, that number increased to 18,000 by 2008.

US AID Aptha Gold Award - Leadership in Employee Healthcare

Sher Academy Private- M.Score & 21 - Best Private Secondary School in Naivasha Region

NHIF - Quality in Health Care Awards Certificate 2008

Certifications Received at Kenya:

  • MPS GAP
  • MPS SQ (Socially Qualified)
  • MPS ETI (Ethical Trade Initiatives)
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