Kalindee Rail Nirman (Engineers) Ltd. - (Amalgamated) Stock Analysis

BSE: 522259 | NSE: KALINDEE | Engineering - Construction | Small Cap

BSE Share Price
Not Listed

DeciZen - Make an Informed Decision on Kalindee Rail Nirman

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

2. Valuation

Undervalued
P/E P/S EV/EBITDA

3. Price Trend

10 Year X-Ray:

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.

Value Creation

Value Creation Index Colour Code Guide
Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
ROCE % 14.7%11.9%10.6%7.3%7.8%8.6%8.5%1.7%0.9%-3.8%-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 188246281162230244257254309372411
YoY Gr. Rt. %-30.8%14.3%-42.3%41.5%6.4%5.3%-1.3%21.5%20.7%-
Adj EPS 912.29.44.95.76.26.3-4.9-8.4-22.93.8
YoY Gr. Rt. %-36%-23.5%-47.9%17.6%8.7%1.4%-177.6%NANA-
BVPS (₹) 66.28091.7101.9106.4114123.1104.398.465.863.1
Adj Net Profit 9.513.110.5677.77.8-8.1-13.8-37.86
Cash Flow from Ops. -5.5-34.2-0.42.816.9-13.6-3.3-3.7-60.3-47.2-
Debt/CF from Ops. -9.8-2.2-202.423.93.4-6.6-32.6-27.5-3-5.4-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 7.9%10.1%13.1%20.7%
Adj EPS -210.9%-231.9%-253.5%NA
BVPS -0.1-9.2-18.9-33.2
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
Return on Equity % 21.716.911.15.25.45.55.3-5-8.2-27.95.9
Op. Profit Mgn % 11.110.49.9119.610.511.50.95.38.99.8
Net Profit Mgn % 55.33.73.73.13.23.1-3.2-4.5-10.21.5
Debt to Equity 0.80.90.80.50.40.60.70.61.12.40
Working Cap Days 160204223406307320341390401397349
Cash Conv. Cycle 11413313925718118521223622018139

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

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

Latest Financials - Kalindee Rail Nirman (Engineers) Ltd. - (Amalgamated)

Standalone Consolidated
TTM EPS (₹) 3.8 -
TTM Sales (₹ Cr.) 411 -
BVPS (₹.) 63.1 -
Reserves (₹ Cr.) 88 -
P/BV 1.62 -
PE 27.04 -
From the Market
52 Week Low / High (₹) 102.05 / 103.30
All Time Low / High (₹) 1.55 / 600.00
Market Cap (₹ Cr.) 169
Equity (₹ Cr.) 16.5
Face Value (₹) 10
Industry PE 30.6

Management X-Ray:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *9.819.810.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About Kalindee Rail Nirman (Engineers) Ltd. - (Amalgamated)

Kalindee Rail Nirman popularly known as “ KALINDEE”,  stands as the forerunner in the execution of the major Railway Signaling & Telecommunication projects in India. Dedicated and sincere work has earned it a good reputation. In Railways, KALINDEE is now a trusted name for successful & timely execution of works with highest level of quality with state of the art technology. The company commenced its business from July 2,1984.

Kalindee has executed with distinction and quality various prestigious projects spread far and wide in the country including Gauge Conversion Project from Meter Gauge to Broad Gauge, New Railway Line Construction, Modernization of Railway yards. Up-gradation of Railway Sidings in ports, Power plants, Petroleum Sidings, Access Control Systems for Metro Rail, Fiber Optic Networks, etc.

Indian Railways has launched an ambitious program to enhance capacity to handle more traffic with speed and safety and have sanctioned a large number of signaling, telecom, track and bridge works. Urban Transport Authorities are introducing Metro Rail Systems.

In order to meet these growing challenges, KALINDEE is already participating in a large number of works and has further diversified into Ballasted and Ballast-less Railway Track , Access Control Systems for Metro Rail, Roads, Buildings and Bridges. Kalindee has also developed links with internationally reputed organizations to provide the latest state of the art technology.

Kalindee has introduced modern quality control systems and secured ISO 9002 certification. Thus Kalindee is now fully geared to participate in majority of these projects and is poised for expansion and modernization by equipping itself with modern construction machinery like Rail Track Construction machines, Rail welding Plants, cable trenchers, mobile multipurpose cranes, heavy earth moving machinery, communication system etc. to execute the work with speed and quality.

Busines sectors  of the company

Construction of infrastructure facilities for Surface Transport and Telecommunication Systems including :

  • Railways-Track, Signaling and Telecommunication, Building, Bridges, Fixed Installations for Electric Traction.
  • Metro Rail Systems - Ballast-less Underground Track, Access Control Systems and Automatic Fare Collection.
  • Telecommunication- Optic Fiber, Copper Cable and Wireless Networks .
  • Civil Works- Buildings, Bridges

Awards/ Achievements

  • Bharat Ratna Visvesvaraya Award' given by The President of India to Mr.R.D. Sharma Chairman & Managing Director
  • Letters of appreciation by Client organization
  • Articles of commendation by the press
  • Repeated requests by Client organisation to Kalindee to under take works under challenging situations.

Kalindee has been associated with various international entities

For Signalling

  • Harmon Ind.-USA
  • Etiologic- UK
  • Sasib (GRS)- USA
  • Leighton- Singapore
  • Emrail- KL
  • Union Switch- USA
  • GE-UK

For Telecommunication

  • Ericsson- Sweden
  • Bosch Telecom.- Germany
  • Kabel Rheydt- Germany
  • Alcatel- Portugal.
  • Motorola- USA
  • Thales-  France

For civil & track works

  • Wermer Tracte- Germany
  • China Harbour Co.- China
  • TSO- France
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