Kirloskar Pneumatic Company Ltd - Stock Valuation and Financial Performance

BSE: 505283 | NSE: KIRLPNU | Compressors / Pumps | Small Cap

Kirloskar Pneumatic Share Price

732.80 11.85 1.64%
as on 16-Apr'24 16:01

DeciZen - make an informed investing decision on Kirloskar Pneumatic

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Kirloskar Pneumatic Company stock performance -

mw4me loader
P/E Ratio (SA):
45.72
Market Cap:
4,814.3 Cr.
52-wk low:
542
52-wk high:
758

Is Kirloskar Pneumatic Company Ltd an attractive stock to invest in?

1. Is Kirloskar Pneumatic Company Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Kirloskar Pneumatic Company Ltd is a average quality company.

2. Is Kirloskar Pneumatic Company Ltd undervalued or overvalued?

The key valuation ratios of Kirloskar Pneumatic Company Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Kirloskar Pneumatic Company Ltd a good buy now?

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

10 Year X-Ray of Kirloskar Pneumatic:

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.
Kirloskar Pneumatic Company Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 14.1%5.8%11.2%12.7%11.2%11.7%11%11.4%13.1%14.8%-
Value Creation
Index
0.0-0.6-0.2-0.1-0.2-0.2-0.2-0.2-0.10.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 5104415095146017108298231,0211,2391,192
Sales YoY Gr.--13.5%15.4%1.1%16.7%18.3%16.7%-0.7%24%21.4%-
Adj EPS 5.82.55.37.37.68.58.49.812.716.516.3
YoY Gr.--57.5%112.1%37.8%4.8%12.4%-2.1%17.1%29.2%30.1%-
BVPS (₹) 4446.150.1143.571.976.976.891.2101.7122.5131.9
Adj Net
Profit
37.515.933.846.548.854.853.762.981.5106105
Cash Flow from Ops. 36.13.452.816.962.752.59.756.710939.8-
Debt/CF from Ops. 0000002.90.700-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 10.4%15.6%14.3%21.4%
Adj EPS 12.2%16.7%25.3%30.1%
BVPS12.1%11.3%16.8%20.5%
Share Price 24.5% 31.5% 42.1% 22.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
13.95.51112.51111.510.911.613.114.612.8
Op. Profit
Mgn %
11.86.710.11212.512.611.81413.813.513.3
Net Profit
Mgn %
7.43.66.69.18.17.76.57.688.68.8
Debt to
Equity
0000000.10.100-
Working Cap
Days
156186166161180181168197187176109
Cash Conv.
Cycle
61846857575970100999261

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 14.34%

Net Profit is growing at healthy rate in last 3 years 25.34%

Return on Equity has declined versus last 3 years average to 12.80%

Sales growth is not so good in last 4 quarters at -6.62%

Latest Financials - Kirloskar Pneumatic Company Ltd.

Standalone Consolidated
TTM EPS (₹) 16.3 5.7
TTM Sales (₹ Cr.) 1,192 509
BVPS (₹.) 131.9 0
Reserves (₹ Cr.) 841 316
P/BV 5.64 0.00
PE 45.72 130.83
From the Market
52 Week Low / High (₹) 541.95 / 758.00
All Time Low / High (₹) 0.47 / 758.00
Market Cap (₹ Cr.) 4,814
Equity (₹ Cr.) 13
Face Value (₹) 2
Industry PE 58.2

Management X-Ray of Kirloskar Pneumatic:

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

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Kirloskar Pneumatic

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
Sales5104415095146007108298231,0211,239
Operating Expenses 4504124584535266217327088801,072
Manufacturing Costs49485154678210299130159
Material Costs265226270263312374444451560697
Employee Cost 808181868394110106120132
Other Costs 56565650647175526984
Operating Profit 60295162758997115141168
Operating Profit Margin (%) 11.8%6.7%10.0%12.0%12.5%12.6%11.7%14.0%13.8%13.5%
Other Income 16192128161511101211
Interest 2111123442
Depreciation 13191917172233383534
Exceptional Items 0000000000
Profit Before Tax 6128527173807284114143
Tax 2361518232518202935
Profit After Tax 392336545055536485109
PAT Margin (%) 7.6%5.1%7.1%10.5%8.3%7.8%6.5%7.8%8.3%8.8%
Adjusted EPS (₹)6.13.55.718.47.88.68.39.913.216.8
Dividend Payout Ratio (%)33%28%25%11%31%29%32%35%30%33%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 283296322419462494493586656792
Share Capital 1313136131313131313
Reserves 270283309413449481481573643779
Minority Interest0000000000
Debt000011283800
Long Term Debt00001103800
Short Term Debt00000028000
Trade Payables74969495163133137146170157
Others Liabilities 1131048698128141131171225215
Total Liabilities 4704955016117537697909401,0511,164

Fixed Assets

Gross Block219214214232113181298300378403
Accumulated Depreciation105117132152396091125149180
Net Fixed Assets11497827975122207175229223
CWIP 011376864981124
Investments 121115155218199196138223205246
Inventories425857748996159114203177
Trade Receivables143177152131209184189308299329
Cash Equivalents 13192327613230523939
Others Assets372832445375585965126
Total Assets 4704955016117537697909401,0511,164

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 36353176353105710940
PBT 6128527173807284114143
Adjustment 438-281433322825
Changes in Working Capital -11-196-335-19-73-43-8-94
Tax Paid -19-9-13-19-23-23-22-16-26-34
Cash Flow From Investing Activity -2118-30-22-15-56-6-49-46-11
Capex -22-5-1-14-44-72-54-3-89-42
Net Investments -716-38-18261144-474229
Others 96109354112
Cash Flow From Financing Activity -18-15-18-5-14-26-610-72-28
Net Proceeds from Shares 0000000123
Net Proceeds from Borrowing 000010012-400
Interest Paid 000000-1-2-21
Dividend Paid -18-15-18-6-15-26-320-32-31
Others 00010028000
Net Cash Flow -364-1133-30-218-90
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)14.347.811.7814.5311.3511.5710.8411.8313.6815
ROCE (%)23.0110.2517.1119.4216.6617.1614.815.2318.3719.99
Asset Turnover Ratio1.160.991.110.990.890.931.060.951.031.12
PAT to CFO Conversion(x)0.920.131.470.311.260.960.190.891.280.37
Working Capital Days
Receivable Days91123108931021018211010892
Inventory Days38383843494856615756
Payable Days11013712813115114511111510386

Kirloskar Pneumatic Company Ltd Stock News

Kirloskar Pneumatic Company Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Kirloskar Pneumatic on 16-Apr-2024 16:01 is ₹732.8.
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 16-Apr-2024 16:01 the market cap of Kirloskar Pneumatic stood at ₹4,814.3.
The latest P/E ratio of Kirloskar Pneumatic as of 16-Apr-2024 16:01 is 45.72.
The latest P/B ratio of Kirloskar Pneumatic as of 16-Apr-2024 16:01 is 5.64.
The 52-week high of Kirloskar Pneumatic is ₹758.0 and the 52-week low is ₹542.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kirloskar Pneumatic is ₹1,192 ( Cr.) .

About Kirloskar Pneumatic Company Ltd

Kirloskar Pneumatic  Company established in 1958 is India’s leading name in Compressed Air, Air-conditioning & Refrigeration and Hydraulic Power Transmission. The company is now a part of Kirloskar group.

The manufacturing units of the company are located in Pune, Saswad and Kondhapuri in the state of Maharashtra and Faridabad  in the state of Haryana.

With effect from April 1, 2001, KPCL got merged into KG Khosla Compressors (an associate company). One equity share of KG Khosla was issued against four equity shares of KPCL. The combined operations were beneficial to KPCL due to synergies of operations, economies of scale and reduction in costs. KPCL was able to manufacture and market its products with under two popular brands viz. KIRLOSKAR and KHOSLA.

The Kirloskar group is a $ 1.20 billion engineering conglomerate driving critical industries. It’s a century old pioneers in the areas of specialization like power, construction and mining, agriculture, industry and transport, oil and gas and environment protection with a range of world-class industrial products and turnkey services.

The group is made up of 8 major group companies, each led by the best engineering and managerial talent in India. In addition to engineering, it has interests in civic utility systems and in Information Technology and communication.

Kirloskar's product line consists of more than 200 series.  The Kirloskar Group makes equipment, machinery and high-precision engineering products for the transport sector, including shipbuilding, railways, roads and cargo. We also have a major presence in auto components, process industries, rubber and plastics, textiles and also consumer goods industries.

Other group companies

  • Kirloskar Brothers Limited. (KBL)
  • Kirloskar Ferrous Industries Limited. (KFIL)
  • Kirloskar Middle East FZE. (KMEF)
  • Kirloskar Oil Engines Limited. (KOEL)
  • Kirloskar Proprietary Limited. (KPL)

Product range of the company includes:

  • Air Compressors- Centrifugal- Reciprocating(Lubricated & Oil Free)- Rotary Screw(Mobile/ Stationary)- Small (Garage) Compressors- Railway Brake Compressors/ Expressors
  • Refrigeration & Air-Conditioning- Refrigeration Compressors- Air-Conditioning Compressors- Flake & Block Ice Plants- Transport Air-Conditioning- Specialised, Custom Built - Screw Compressor Packages- Turnkey Solutions - Refrigeration & Air-Conditioning systems
  • Gas Compressor Packages- Specialised Reciprocating Gas Compressor Packages for a wide range of Gases, Hydrocarbons
  • Transmission- Locomotive Transmission Units- Hydraulic Marine Gear Boxes- Industrial & Windmill Gear Boxes- Torque Converters - Traction Gears and Pinions

Awards

2011 - Agreement entered into between Kirloskar Pneumatic Co Ltd and Indian Railway for haulage of RoadRailer train.

2013 -KPCL received Award & Certificate of Recognition for achieving highest score  in Criteria of People, People Results & Society Results  in RKQP 2013 Assessment
-KPCL received the award for Best Innovative Project for KRM 1200 Railway Brake Compressor for the year 2012-13
-KPCL received Consolation Prize - Quality Circle Competition’ Trophy
 -KPCL received 2nd Winner Trophy
-KPCL Kaizen teams received Gold & Silver trophy
-KPCL received Excellence Award Trophy

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.