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Kundan Edifice Ltd (KEL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: KEL Electric Equipment | Small Cap | Kundan Edifice Share Price

BSE Share Price
Not Listed

Kundan Edifice Ltd (KEL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: KEL Electric Equipment | Small Cap | Kundan Edifice Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹86 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹7.6
TTM Sales
₹105 Cr.
Book Value per Share
₹39.3
P/E Ratio
11.09
Lower than its 5-year historical median
Industry PE
56.3
Price to Book (P/B)
2.14
Lower than its 5-year historical median
Price to Sales (P/S)
0.82
Lower than its 5-year historical median
EV/EBITDA
6.59
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
21.59%
Outperforms industry median
Return on Capital Employed (ROCE)
25.36%
Outperforms industry median
Return on Assets (ROA)
11.30%
Operating Profit Margin
17.2%
Net Profit Margin
8.01%
Gross Profit Margin
13%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
16.59%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
87.65%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
162%
Asset Quality
Promoter Holding
72.28%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹30 Cr.
Equity
₹10.3 Cr.
Face Value
₹10
All Time Low / High
- / -

Kundan Edifice stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Kundan Edifice Ltd a good quality company?
Kundan Edifice Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Kundan Edifice Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Kundan Edifice Ltd vs industry peers?
Kundan Edifice Ltd revenue CAGR is 72.34%, compared to the industry median CAGR of 13.01%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Kundan Edifice Ltd?
Promoters hold 72.28% of the Kundan Edifice Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Kundan Edifice Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -5.67% based on the current price.

10 Year X-Ray : Login to view analysis.

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

Value Creation

Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 3.7%17.9%23.1%46.3%21.7%25.4%-
Value Creation
Index
-0.70.30.72.30.60.8-

Growth Parameters

Sales 6.515.132.560.284.298.2105
Sales YoY Gr.-134.4%114.5%85.5%39.9%16.6%-
Adj EPS 01.22.32.62.87.47.6
YoY Gr.-3766.7%98.3%14.4%6.1%166.3%-
BVPS (₹) 0.41.744.331.639.339.3
Adj Net
Profit
00.91.74.92.97.68
Cash Flow from Ops. -1.60.22.1-1.6-10.15.2-
Debt/CF from Ops. -3.933.24.4-8.9-1.85.5-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA72.3%44.6%16.6%
Adj EPS NA201.1%47.8%166.3%
BVPSNA150.3%114.7%24.2%
Share Price - - - -37.5%

Key Financial Parameters

Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
7.2110.480.988.814.12119.3
Op. Profit
Mgn %
511.38.814.310.717.2NAN
Net Profit
Mgn %
0.35.75.38.23.47.87.4
Debt to
Equity
235.631.80.60.7-
Working Cap
Days
01831281091331690
Cash Conv.
Cycle
070455489990

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales6.4615.1432.4760.2284.2398.20
Operating Expenses + 6.1413.5629.6951.6075.2481.33
Manufacturing Costs0.400.732.984.606.787.01
Material Costs3.559.9322.1737.4054.1758.81
Employee Cost 1.171.412.936.078.859.95
Other Costs 1.011.491.603.545.435.56
Operating Profit 0.321.582.788.628.9916.87
Operating Profit Margin (%) 5.0%10.4%8.6%14.3%10.7%17.2%
Other Income + 0.030.090.030.240.240.46
Exceptional Items 000000
Interest 0.210.550.631.083.594.58
Depreciation 0.110.300.430.841.292.21
Profit Before Tax 0.040.821.756.954.3610.53
Tax 00.040.071.851.352.67
Profit After Tax 0.040.771.685.0937.86
PAT Margin (%) 0.6%5.1%5.2%8.5%3.6%8.0%
Adjusted EPS (₹)0.11.02.22.72.97.7
Dividend Payout Ratio (%)0%0%0%0%0%0%

Valuation of Kundan Edifice - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 0.281.302.988.1132.4940.35
Share Capital 2.75337.5010.2710.27
Reserves -2.47-1.70-0.020.6122.2130.08
Debt +6.266.908.1112.7814.9122.60
Long Term Debt3.863.904.935.465.997.60
Short Term Debt2.3933.197.318.9215
Minority Interest000000
Trade Payables1.452.806.424.025.028.63
Others Liabilities 0.480.861.774.765.649.52
Total Liabilities 8.4711.8519.2829.6658.0581.10

Fixed Assets

Net Fixed Assets +0.722.495.095.7312.6921.95
Gross Block1.223.186.227.7015.9527.39
Accumulated Depreciation0.500.691.131.973.265.44
CWIP 1.3800.381.372.062.72
Investments 000000
Inventories2.955.788.4915.9622.9229.99
Trade Receivables0.771.441.954.478.278.87
Cash Equivalents 0.250.280.060.354.174.49
Others Assets 2.401.883.311.787.9413.07
Total Assets 8.4711.8519.2829.6658.0581.10

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -1.640.222.07-1.62-10.115.18
PBT 0.040.821.756.954.3610.53
Adjustment 0.210.891.041.953.174.79
Changes in Working Capital -1.89-1.49-0.86-10.24-16.34-7.7
Tax Paid 00.010.14-0.28-1.30-2.44
Cash Flow From Investing Activity + -1.55-0.81-3.44-2.69-9.40-14.62
Capex -1.55-0.81-3.42-2.47-8.94-12.13
Net Investments -00-0.02-0.22-0.49-2.58
Others 0-0000.030.09
Cash Flow From Financing Activity + 3.400.621.134.3822.847.18
Net Proceeds from Shares 00.250021.380
Net Proceeds from Borrowing 00000.531.61
Interest Paid -0.21-0.55-0.63-1.08-2.11-3.03
Dividend Paid 000000
Others 3.610.921.765.463.058.61
Net Cash Flow 0.210.03-0.230.073.33-2.26

Financial Ratio

PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)14.6398.0178.4991.8814.7921.59
ROCE (%)3.7217.9323.1146.3421.7125.36
Asset Turnover Ratio0.761.492.092.461.921.41
PAT to CFO Conversion(x)-410.291.23-0.32-3.370.66
Working Capital Days
Receivable Days43.4026.601919.5027.6031.90
Inventory Days166.30105.2080.2074.1084.3098.30
Payable Days149.3078.2075.9050.9030.4042.40

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.0065.0565.0521.680.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Kundan Edifice Ltd FAQs

The current trading price of Kundan Edifice on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Kundan Edifice stood at ₹86.23 Cr

The latest P/E ratio of Kundan Edifice as of 31-Dec-1969 is 11.09.

The latest P/B ratio of Kundan Edifice as of 31-Dec-1969 is 2.14.

The 52-week high of Kundan Edifice is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kundan Edifice is ₹105 ( Cr.) .

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

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

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

About Kundan Edifice Ltd

Kundan Edifice was originally incorporated as ‘Kundan Edifice Private Limited’ under the provisions of the Companies Act, 1956 on August 12, 2010, issued by the Assistant Registrar of Companies, Maharashtra, Mumbai. Further, pursuant to change in the object clause of MOA of the company, a fresh certificate of incorporation was issued by Registrar of Companies, Mumbai on November 29, 2022. Thereafter, the company was converted from a private limited company to a public limited company, pursuant to a resolution passed in the extraordinary general meeting of its Shareholders held on April 05, 2023, and consequently, the name of the company was changed to ‘Kundan Edifice Limited’, and a fresh certificate of incorporation consequent upon conversion from private company to public company dated May 08, 2023, was issued by the RoC to the company.

The company is engaged into manufacturing, assembly and sale of light emitting diode (LED) strip lights. It is original design manufacturer (ODM) as it design, develop, manufacture and supply its products to customers who then further distribute these products under their own brands. It focuses on unconventional form of lighting products i.e., LED strip lights that have varied application across industries such as real estate, railways, automobiles, decorative lighting, etc. The company entered into assembly and sale of lighting products in Fiscal 2014. Once current Promoter, Divyansh Gupta took control of the company since Fiscal 2016 It has focused its business operations into manufacturing, assembly and sale of light emitting diode (LED) strip lights and since then, while it is one of the trusted electronics manufacturing services (EMS) Company for its customers by providing end-to-end solutions in its area of operation. As an EMS Company, it is primarily an original design manufacturer (ODM) and design, develop, manufacture and supply products to customers who then further distribute these products under their own brands. 

It also works with its customers to develop, manufacture and supply products that are designed by its customers. It focus on unconventional form of lighting products i.e., LED strip lights that have varied application across industries such as real estate, railways, automobiles, decorative lighting, etc. It provides lighting solutions to some of the key electrical and electronic manufacturing brands in India. The LED strip lights or the flexible linear lights as a concept is replacing the traditional lighting like bulbs, tube lights and many other kinds of lights since the flexible linear lights have indoor as well as outdoor application.

Business area of the company

The company is engaged into manufacturing, assembly and sale of light emitting diode (LED) strip lights.

Products of the company 

  • 120LED- HV Flex
  • 60LED- HV Flex
  • 60LED LV Flex
  • 120LED LV Flex
  • 180LED LV Flex
  • 240LED LV Flex
  • RGB LV Flex (smart lights)

History and milestones

  • 2010: Incorporated as a private limited company in the name and style of Kundan Edifice Private Limited.
  • 2014: Entered into LED lighting business.
  • 2016: Commencement of manufacturing of LED Strips.
  • 2020: Expansion by installation of new machineries.
  • 2021: Added new manufacturing unit in Bhiwandi along with new machinery.
  • 2023: Converted into a public limited company in the name and style of Kundan Edifice Limited .

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