Kinetic Engineering Ltd Stock Analysis

BSE: 500240 | NSE: KINETICENG | Auto Ancillary | Small Cap

BSE Share Price May 26, 09:49
79.00 0.90 (1.15%)

DeciZen - Make an Informed Decision on Kinetic Engg

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

FAQs

1. Is Kinetic Engineering Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Kinetic Engineering Ltd is a below average quality company.

2. Is Kinetic Engineering Ltd undervalued or overvalued?

The key valuation ratios of Kinetic Engineering Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Kinetic Engineering Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Kinetic Engineering Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Kinetic Engg:

Analysis of Financial Track Record

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.
Kinetic Engineering 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'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % -5.8%-7.7%-14.1%-5.5%-7.7%-9.1%-5.1%-6.2%-6.9%-2.3%-
Value Creation Index -1.4-1.6NANA-1.6-1.7-1.4-1.4NANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 83.180.257.353.360.479.510111611683.9119
YoY Gr. Rt. %--3.4%-28.6%-7%13.2%31.7%27%14.7%-0%-27.5%-
Adj EPS -16.2-23.3-28.1-8.7-7.1-7.8-4.4-5.3-5.7-3.51.2
YoY Gr. Rt. %-NANANANANANANANANA-
BVPS (₹) 26.531.1-37.8-24.1810.672-3.3-6.7-4
Adj Net Profit -16.8-24.1-38.1-11.9-11.5-13-7.9-9.4-10.1-6.32
Cash Flow from Ops. -14.8-7.913.1-12.2-10.53.17.70.96.50.7-
Debt/CF from Ops. -10.1-24.215.6-5.9-6.816.16.867.69.496.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 0.1%6.8%-6%-27.5%
Adj EPS NANANANA
BVPS -185.9-196.6-198.60
Share Price 1.5% -2.7% 33.8% 98%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % -31.3-40.5-142.4-93.5-25.7-29.9-21.9-33.8-54.6-58-21.9
Op. Profit Mgn % -13.5-21.8-25-28.9-13-7.7-0.9-0.10.54.69.7
Net Profit Mgn % -20.2-30.1-66.4-22.2-19.1-16.4-7.8-8.1-8.7-7.51.9
Debt to Equity 3.13.6-12.437.71.51.31.62.64.58.93
Working Cap Days 274267314295293248212207213284194
Cash Conv. Cycle 879190908071585550660

Recent Performance Summary

Sales growth is good in last 4 quarters at 132.35%

Return on Equity is Poor

Sales growth has been subdued in last 3 years -5.99%

Debt to equity has increased versus last 3 years average to 8.85

Latest Financials - Kinetic Engineering Ltd.

Standalone Consolidated
TTM EPS (₹) 1.2 -47.4
TTM Sales (₹ Cr.) 119 366
BVPS (₹.) -4 0
Reserves (₹ Cr.) -26 -27
P/BV -19.40 0.00
PE 66.10 0.00
From the Market
52 Week Low / High (₹) 37.60 / 116.45
All Time Low / High (₹) 11.20 / 380.00
Market Cap (₹ Cr.) 146
Equity (₹ Cr.) 18.7
Face Value (₹) 10
Industry PE 32.5

Management X-Ray of Kinetic Engg :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About Kinetic Engineering Ltd

Kinetic Engineering Ltd. (KEL) is a part of the $500 MN Firodia Group of companies, one of the pioneering groups in automobiles in India, founded in the year 1972 by HK Firodia - known as the doyen of the Indian Automobile Industry.

KEL offers engineering & manufacturing excellence and has a diverse product portfolio to manufacture all transmission components (gears, shafts, axles etc), engine components (crankshafts, cylinder heads, camshafts etc), complete gearbox & engine assemblies for auto & non auto products. KEL also can make various body components and has a press shop, weld shop, paint shop & can manufacture chasis, rims, mufflers etc. KEL also assembles complete vehicles for some of its customers.

KEL is located in the auto-hub of India, in Pune. Its factory in nagar is central to Pune and Aurangabad. This provides logistical convenience, experienced vendor, skilled manpower & knowledgeable staff.

KEL has been pioneering in automotive & engineering for 3 decades, has an unique all round ability for designing, developing, machining, painting, treating assembling & complete manufacturing of gears, shafts, axles, gearboxes, engine components, engines & vehicles.

KEL has set up a complete new line with the latest equipment for ensuring the best quality product in the Tata Nano.

The company is engaged in :

  • Manufacturing of gear shafts & complete gearboxes.
  • Transmission manufacturing & QC facility heat treatment.
  • Manufacture & assemble small engines.
  • Engine components-cylinder heads, crankshafts, axles ,shafts& all types of machine components.
  • Manufacture & assemble products such as mopeds, motorcycles, ATV, lawnmowers etc.
  • Press, weld, paint shop.
  • CED facility and paint shop.

Clientele:

  • Tata Motors
  • Force Motors
  • Carroro
  • BRP
  • Cagiva
  • GKN
  • Visteon
  • Klassic

Achievements/ recognition:

  • Business World - FICCI Corporate Citizen award for empowerment of physically challenged.
  • NCPEDP - Shell Helen Keller Award Supporting equal rights & gainful employment for persons with disabilities.
  • Indian Institute of Technology (IIT) Excellent contribution to industry, academia & society.
  • MIT, USA Distinguished achievement and exceptional service to country, society and MIT.
  • Auto Cluster Appreciation of initiative and efforts for successful operation of ACDRIL.
  • 14 export excellence awards on state and national level, including the prestigious national trophy for top export performance.
  • 'Hall of Pride' award 'Hall of Pride' award for the Chairman Mr. Arun Firodia by Overdrive in association with CII, ACMA and SIAM for lifetime contribution to automotive industry.
  • 'Pimpri Chinchwad Bhushan' award Chairman Mr. Arun Firodia is recipient of the 'Pimpri Chinchwad Bhushan' award for 2002 by Annasaheb Maghar Social Service Foundation.
  • Lifetime Achievement Award Chairman Mr. Arun Firodia Awarded Lifetime Achievement Award by Indira Group of Institutes in January 2005.
  • Udyog Ratna Award Chairman Mr. Arun Firodia has been awarded the Udyog Ratna Award by Pune Municipal Corporation for contributions to civic society.
  • 'Lifetime Achievement Award' Chairman Mr. Arun Firodia awarded the 'Nagar Road Industries Association - Life Time Achievement Award' for year 2002 – 2003.
  • Society Young Achiever's Award Society Young Achiever's Award for Business for the year 2002 for Ms. Sulajja Firodia Motwani, Director Kinetic Engg.
  • Top Woman CEO Award 2003 award for excellence as a top woman CEO from the Institute of Marketing and Management for Ms. Sulajja Firodia Motwani, Director Kinetic Engg.
  • Young Super Achiever Award Young Super Achiever Award by Business Today for year 2003 for Ms. Sulajja Firodia Motwani, Director Kinetic Engg.
  • 'Global Leader of Tomorrow' Ms. Sulajja Firodia Motwani, Director Kinetic Engg. has been selected by the World Economic Forum as a 'Global Leader of Tomorrow'.
  • KEL implements a DNV Certified ISO/TS 16949: 2002 Quality management system.
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