Kaushalya Infrastructure Development Corporation Ltd - Stock Valuation and Financial Performance

BSE: 532925 | NSE: KAUSHALYA | Engineering - Construction | Small Cap

Kaushalya Infra Dev Share Price

825 -3.35 -0.40%
as on 25-Apr'24 15:18

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Kaushalya Infrastructure Development Corporation stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
28.7 Cr.
52-wk low:
390
52-wk high:
1,079

Is Kaushalya Infrastructure Development Corporation Ltd an attractive stock to invest in?

1. Is Kaushalya Infrastructure Development Corporation Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Kaushalya Infrastructure Development Corporation Ltd is a below average quality company.

2. Is Kaushalya Infrastructure Development Corporation Ltd undervalued or overvalued?

The key valuation ratios of Kaushalya Infrastructure Development Corporation Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Kaushalya Infrastructure Development Corporation Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Kaushalya Infrastructure Development Corporation Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Kaushalya Infra Dev:

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.
Kaushalya Infrastructure Development Corporation Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -5.8%-1.8%-46%-4.5%-1%26.1%-5.3%0.7%1.1%-1.2%-
Value Creation
Index
-1.4-1.1-4.3-1.3-1.10.9-1.4-1.0-0.9-1.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 15.96.20.70.70.70.20.22.30.10.10
Sales YoY Gr.--60.9%-88.9%4.4%-8.3%-66.7%-18.2%1,161.1%-93.8%-14.3%-
Adj EPS -378.7-210.2-1,581.1-117.8-28.5648.3-141.5011.9-39.2-80.5
YoY Gr.-NANANANANA-121.8%NANA-428.8%-
BVPS (₹) 2,597.52,387.4806.3759.8731.31,381.81,223.91,223.91,225.81,174.51,164.2
Adj Net
Profit
-13.1-7.3-54.8-4.1-122.5-4.900.4-1.4-3
Cash Flow from Ops. -2.9-3.8-1.6-2.3-0.6-0.8-0.65.3-2.9-0.1-
Debt/CF from Ops. -19.2-16.3-39.2-27.6-99-48.6-62.66.6-11.9-388-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -41.9%-28.9%-12.6%-14.3%
Adj EPS NANANA-428.8%
BVPS-8.4%9.9%-1.4%-4.2%
Share Price 0.6% 61.1% 87.1% 87.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-13.5-8.2-94.9-14.4-3.861.4-11.101-3.4-6.9
Op. Profit
Mgn %
-40.4-13.7-8052.5-590.2-87.3-3826.8-2597.5-18-813.7-1020.7-2430.4
Net Profit
Mgn %
-82.6-117-7939.6-565.6-148.99992.2-2715.60300.1-1090.9-2144.7
Debt to
Equity
0.60.72.22.42.50.80.90.80.80.90
Working Cap
Days
3,9089,26755,70526,95525,07156,11960,8404,07750,80651,4567,813
Cash Conv.
Cycle
1,4683,64427,7718,4576,19019,85924,006-1349,9228,159-66,577

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.85

Return on Equity is Poor

Sales growth has been subdued in last 3 years -12.64%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -18.33%

Latest Financials - Kaushalya Infrastructure Development Corporation Ltd.

Standalone Consolidated
TTM EPS (₹) -80.5 469.2
TTM Sales (₹ Cr.) 0.1 0.1
BVPS (₹.) 1,164.2 1,692
Reserves (₹ Cr.) 6 24
P/BV 0.71 0.49
PE 0.00 1.77
From the Market
52 Week Low / High (₹) 390.00 / 1079.00
All Time Low / High (₹) 34.00 / 10600.00
Market Cap (₹ Cr.) 28.7
Equity (₹ Cr.) 34.6
Face Value (₹) 1,000
Industry PE 42.2

Management X-Ray of Kaushalya Infra Dev:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.990.990.990.990.990.990.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Kaushalya Infra Dev

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales15.896.220.690.720.660.220.182.270.140.12
Operating Expenses 23.567.0756.224.981.248.825.682.681.761.99
Manufacturing Costs10.842.8111.720.110.090.070.090.090.190.41
Material Costs8.071.831.750.130.080.050.040.520.060.07
Employee Cost 0.460.470.400.320.210.150.140.100.350.37
Other Costs 4.181.9642.364.410.878.555.411.971.151.15
Operating Profit -7.67-0.85-55.53-4.26-0.58-8.60-5.50-0.41-1.62-1.87
Operating Profit Margin (%) -48.3%-13.7%-8,052.5%-590.0%-87.3%-3,826.7%-3,047.1%-18.0%-1,176.7%-1,503.1%
Other Income 0.350.861.140.680.0426.130.815.260.030.97
Interest 6.346.58-0.030.060.160.580.700.760.580.61
Depreciation 0.360.890.440.430.430.440.420.380.280.14
Exceptional Items 000000002.920
Profit Before Tax -14.02-7.45-54.80-4.07-1.1216.52-5.803.710.46-1.64
Tax -0.03-0.17-0.05-0.06-0.13-6.01-0.333.710.400.14
Profit After Tax -13.99-7.28-54.75-4.01-0.9922.53-5.4700.06-1.78
PAT Margin (%) -88.1%-116.0%-7,939.6%-555.0%-148.0%10,025.1%-3,030.4%0.1%46.0%-1,428.5%
Adjusted EPS (₹)-404.0-210.0-1,581.1-115.0-28.5650.5-158.00.11.8-51.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 92.3585.0730.3226.3125.3347.8540.2940.2940.8439.67
Share Capital 34.6334.6334.6334.6334.6334.6334.6334.6334.6334.63
Reserves 57.7250.44-4.31-8.32-9.3013.225.665.666.215.04
Minority Interest0000000000
Debt55.3661.4761.3462.5063.4538.8539.5734.9134.9234.61
Long Term Debt0000000000
Short Term Debt55.3661.4761.3462.5063.4538.8539.5734.9134.9234.61
Trade Payables19.4713.0812.0712.0912.3811.2010.630.580.581.30
Others Liabilities 17.0319.1919.3418.704.89-0.80-1.433.69-4.06-4.19
Total Liabilities 184.22178.82123.07119.61106.0497.1089.0679.4772.2871.40

Fixed Assets

Gross Block8.888.898.893.543.543.543.542.502.502.50
Accumulated Depreciation4.024.915.350.430.861.301.721.211.491.63
Net Fixed Assets4.863.983.543.112.682.241.821.291.010.87
CWIP 0000000000
Investments 17.2017.2164.1564.1064.1064.1056.8754.2050.7649.76
Inventories1.070.990.540.490.480.470.460.050.040
Trade Receivables76.3777.9626.6322.6916.0213.7913.774.702.862.90
Cash Equivalents 2.161.600.920.310.410.520.440.460.430.45
Others Assets82.5577.0727.2928.9222.3615.9815.7018.7617.1917.41
Total Assets 184.22178.82123.07119.61106.0497.1089.0679.4772.2871.40

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -2.88-3.76-1.57-2.26-0.64-0.80-0.635.27-2.94-0.09
PBT -14.02-7.45-54.80-4.07-1.1216.52-5.803.710.46-1.64
Adjustment 6.487.310.29-0.020.56-16.954.440.261.280.74
Changes in Working Capital 4.7-2.8952.972.14-0.38-0.040.421.63-4.510.81
Tax Paid -0.05-0.74-0.02-0.320.29-0.320.31-0.32-0.170
Cash Flow From Investing Activity -1.104.181.440.73-0.07-0.100.590.083.531
Capex 0-0.01000000.0600
Net Investments 00-46.940.05-0.02-0.110.5703.500.97
Others -1.104.1948.380.68-0.050.020.020.020.020.03
Cash Flow From Financing Activity 3.72-0.45-0.101.560.790.900.02-5.42-0.57-0.91
Net Proceeds from Shares 00.0200000000
Net Proceeds from Borrowing 16.5300-0.12000000
Interest Paid -6.34-6.580.030.40-0.16-0.06-0.08-0.06-0.58-0.61
Dividend Paid 0000000000
Others -6.476.11-0.131.280.950.960.11-5.350.01-0.31
Net Cash Flow -0.27-0.03-0.220.020.080-0.02-0.060.020
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-15.77-8.43-99.02-14.78-3.8261.56-12.120.010.15-4.28
ROCE (%)-5.21-0.6-46.99-4.5-1.0919.49-6.065.611.35-1.35
Asset Turnover Ratio0.080.0300.010.01000.0300
PAT to CFO Conversion(x)N/AN/AN/AN/AN/A-0.04N/AN/A-49N/A
Working Capital Days
Receivable Days1,9694,525000001,48308,446
Inventory Days2861407261267773942411200
Payable Days1,3133,2512,62600003,9273,4055,148

Kaushalya Infrastructure Development Corporation Ltd Stock News

Kaushalya Infrastructure Development Corporation Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Kaushalya Infra Dev on 25-Apr-2024 15:18 is ₹825.0.
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 25-Apr-2024 15:18 the market cap of Kaushalya Infra Dev stood at ₹28.69.
The latest P/E ratio of Kaushalya Infra Dev as of 25-Apr-2024 15:18 is 0.00.
The latest P/B ratio of Kaushalya Infra Dev as of 25-Apr-2024 15:18 is 0.71.
The 52-week high of Kaushalya Infra Dev is ₹1,079 and the 52-week low is ₹390.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kaushalya Infra Dev is ₹0.13 ( Cr.) .

About Kaushalya Infrastructure Development Corporation Ltd

Kaushalya Infrastructure Development Corporation Ltd. was incorporated as R.M.SExim Private Limited on  June 4, 1992 with the Registrar of Companies West Bengal Kolkata and subsequently the name was changed to Kaushalya Infrastructure Development Corporation Private Limited vide fresh Certificate of Incorporation dated November 5, 2001.In the very next year it was converted in to Public limited company vide fresh Certificate of Incorporation.

Kaushalya Infrastructure Development Corporation paved its first road in 2001. Since then, the company has constructed several highways and bridges, undertaken numerous electrification projects and is now looking to make a significant impression in commercial and residential real estate development.

It is an infrastructure development company under the Companies Act 1956 and operates largely in Central and Eastern India, West Bengal, Jharkhand, Chhattisgarh, Sikkim.

With a humble beginning in textile manufacturing and retail (1926), the Mehra Group gradually expanded into institutional and government supply of products such as military dresses, medical equipments, educational supplies and relief materials. With success came diversifications– the most significant being infrastructure development.

Kaushalya takes pride in its heritage. They haven't just built highways or provided electricity to remote villages, rather, they have enhanced the travelling experience and improved the quality of urban and rural living. They have created value, and in the process, they have formulated their own business principles – principles that they cherish more than their accomplishments.

Kaushalya Parivar was established to cater to the residential and commercial needs of the Indian middle class. Their business strategy is two pronged. Based on their strong public sector customer base they are working on participating in various government sponsored development projects. Simultaneously their team of engineers and marketing professionals are piloting community housing developments as private sector undertakings in various parts of the country.

Business area  of the company includes:

  • Electrification and Irrigation
  • Roads, Bridges, Industrial Infrastructure
  • Residential and Commercial Complexes

Projects in progress:

  • Ash Dyke package for Sipat Super Thermal Power Project
  • Widening and Strengthening of road at Jharkhand (a) Jonha - Purbdhih 16 to 30.96 km(b) Banta-Rahe - Bundu (0 to 33 km)(c) Angarha - Hahe - Rahe (0 to 27.97/km)
  • Offsite Area Civil Works package (administrative building, roads, drains) for Sipat Super Thermal Power Project
  • Widening and strengthening of Hata Swaspur - Musaboni road (0 to 42 kmp) 
  • Construction and maintanence of rural roads under ADB assistance for PMGSY 2004-2005 in Dist. Raigarh, Chattisgarh
  • Widening and strengthening of Sonahatu - Mallanchawk road (0 to 24 KM)
  • Construction and maintanence of rural roads under ADB assistance for PMGSY 2004-2005 in Dist. Bilaspur, Chattisgarh
  • Construction and maintanence of rural roads under ADB assistance for PMGSY 2004-2005 in Dist. Jashpur, Chattisgarh, and many more.

Achievements/ recognition:

  • An ISO 9001:2000 certified company
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