Kirloskar Electric Company Ltd - Stock Valuation and Financial Performance

BSE: 533193 | NSE: KECL | Electric Equipment | Small Cap

Kirloskar Electric Share Price

213.65 -12.00 -5.32%
as on 12-Jul'24 16:01

DeciZen - make an informed investing decision on Kirloskar Electric

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Kirloskar Electric Company stock performance -

mw4me loader
P/E Ratio (SA):
93.97
Market Cap:
1,425.6 Cr.
52-wk low:
96.9
52-wk high:
237.7

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

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

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

2. Is Kirloskar Electric Company Ltd undervalued or overvalued?

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

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

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Kirloskar Electric 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 Electric:

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 Electric 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 % -5%-24.8%-6%0.7%-10.9%-7.6%-22.7%-37.7%22.7%17.2%-
Value Creation
Index
-1.4-2.8-1.4NANANANANA0.60.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 680511548572370294314278335474557
Sales YoY Gr.--24.9%7.2%4.3%-35.2%-20.5%6.8%-11.7%20.6%41.5%-
Adj EPS -9.5-20.9-8.3-3.7-11.6-8.8-13.4-16.25.13.92.3
YoY Gr.-NANANANANANANANA-23.5%-
BVPS (₹) 29.75.71.2-4.1-15.5-18.2-31.3-47.4-38.6-34.715.9
Adj Net
Profit
-47.8-111-46.1-24.6-77-58.3-89.1-107342615
Cash Flow from Ops. 63.4-14.99.124.423-6.748.13724.19.5-
Debt/CF from Ops. 3.3-15.628.29.410.5-30.33.74.65.513.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -3.9%5.1%14.6%41.5%
Adj EPS NANANA-23.5%
BVPS-201.8%NANANA
Share Price 21.4% 75.8% 126.9% 74.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-27.3-109.3-140.9-16.6-31.9-34.4-96.5-18139.323.9-24.2
Op. Profit
Mgn %
-0.5-11.2-0.5-2.4-13.1-12.4-18.6-27.9-4.66.86.6
Net Profit
Mgn %
-7-21.7-8.4-4.3-20.8-19.8-28.3-38.710.25.52.7
Debt to
Equity
1.4517.2-8.4-2.3-1.7-0.8-0.5-0.5-0.50
Working Cap
Days
18625824722730830321918714010548
Cash Conv.
Cycle
7956273328-28-37-35-50-42-75

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 14.63%

Sales growth is good in last 4 quarters at 17.87%

Return on Equity is Poor

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Kirloskar Electric Company Ltd.

Standalone Consolidated
TTM EPS (₹) 2.3 2.1
TTM Sales (₹ Cr.) 557 557
BVPS (₹.) 15.9 -39.4
Reserves (₹ Cr.) 39 -328
P/BV 13.52 -5.44
PE 93.97 101.25
From the Market
52 Week Low / High (₹) 96.85 / 237.70
All Time Low / High (₹) 6.70 / 390.00
Market Cap (₹ Cr.) 1,426
Equity (₹ Cr.) 66.4
Face Value (₹) 10
Industry PE 107.8

Management X-Ray of Kirloskar Electric:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *84.4075.6875.6875.6875.6875.6875.6875.6875.6875.68
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Kirloskar Electric

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
Sales680511548572370294314278335474
Operating Expenses 686571551589419334373356350444
Manufacturing Costs17243028222018151721
Material Costs526397401431283216211200247320
Employee Cost 79767572686163576066
Other Costs 64754558463781842737
Operating Profit -6-60-3-18-49-40-59-78-1630
Operating Profit Margin (%) -0.9%-11.8%-0.6%-3.1%-13.1%-13.6%-18.7%-28.2%-4.6%6.3%
Other Income 19944118709410822
Interest 42444239364136292921
Depreciation 121111111186555
Exceptional Items 0-24220005000
Profit Before Tax -41-130-31-27-77-19-86-1085826
Tax 0000000000
Profit After Tax -41-130-31-27-77-19-86-1085826
PAT Margin (%) -6.0%-25.4%-5.7%-4.8%-20.8%-6.3%-27.3%-38.9%17.4%5.5%
Adjusted EPS (₹)-8.1-24.4-5.6-4.1-11.6-2.8-13.0-16.28.83.9
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 15548172792031364970103114
Share Capital 51696466666666666666
Reserves 104-21-4721213769-1833747
Minority Interest0000000000
Debt202213223214222194163147133125
Long Term Debt655679665091452300
Short Term Debt137157144148173103118124133125
Trade Payables279189182204149121125139154164
Others Liabilities 102136165176185181219283237218
Total Liabilities 737587588873759631556639627620

Fixed Assets

Gross Block290259261590590519520689655657
Accumulated Depreciation170170176183192198203208213217
Net Fixed Assets1209085408398321317481442439
CWIP 2200000011
Investments 191656569727272101010
Inventories154939776554749404752
Trade Receivables15783104113391730241430
Cash Equivalents 51203122221511184724
Others Assets6323520518617215876666664
Total Assets 737587588873759631556639627620

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 63-1592423-748372410
PBT -41-130-31-27-77-19-86-1085826
Adjustment 48102394557-69698-6223
Changes in Working Capital 5713374119374629-38
Tax Paid -10-202-121-1-1
Cash Flow From Investing Activity -19-2415-4-2620-7103-2
Capex 914-4-8158-1-235-2
Net Investments -36-34220-440000
Others 8-4-23101-4680
Cash Flow From Financing Activity -162-16-27-21-58-51-29-97-32
Net Proceeds from Shares 024036000000
Net Proceeds from Borrowing 30650-13-1133-43-11-410
Interest Paid -42-43-42-35-33-21-23-24-61-23
Dividend Paid 0000000000
Others -416-24-1623-701565-9
Net Cash Flow 28-369-70-2-3130-24
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-24.08-144.14-168.080000000
ROCE (%)0.25-26.843.94.93-24.2919.87-198.26000
Asset Turnover Ratio1.040.841.030.860.460.420.530.460.530.76
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/A0.410.38
Working Capital Days
Receivable Days86795763733527352117
Inventory Days71815750636356594838
Payable Days98134120102149182176183159130

Kirloskar Electric Company Ltd Stock News

Kirloskar Electric Company Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Kirloskar Electric on 12-Jul-2024 16:01 is ₹213.7.
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-Jul-2024 16:01 the market cap of Kirloskar Electric stood at ₹1,425.6.
The latest P/E ratio of Kirloskar Electric as of 12-Jul-2024 16:01 is 93.97.
The latest P/B ratio of Kirloskar Electric as of 12-Jul-2024 16:01 is 13.52.
The 52-week high of Kirloskar Electric is ₹237.7 and the 52-week low is ₹96.85.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kirloskar Electric is ₹557.4 ( Cr.) .

About Kirloskar Electric Company Ltd

Kirloskar Electric Company (KEC) is one of the India’s leading manufacturers of electrical and power equipment. The company was established in 1946 by Ravi L Kirloskar.

In 60 years, the company has built on its core capabilities of prime technological and engineering skills complimented by world class manufacturing facilities. KEC products have made more than a significant contribution to India’s rapidly growing economy.

Kirlosker Electric is capable of delivering a wide range of custom engineered products that meet and exceed global standards at very competitive price.

Business Area of Company

KEC manufactures AC Motors, AC Generators, DC Machines, Traction Equipment, Electronics, Switchgear, Transformers and undertakes turnkey Electrical projects.

Awards/ Recognition

  • Best Innovative product for Digital drive by the Elecrama exhibition.
  • National Award for R&D from the Department of Scientific & Industrial research, Ministry of Science & Technology, India .

Certification

  •  ISO 9001
  • Bureau Veritas Quality International (BVQI)
  • KEMA Certification
  • Confirmative Europeenne (CE)
  • NVLAP Certification
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.