Kabra Extrusiontechnik Ltd - Stock Valuation and Financial Performance

BSE: 524109 | NSE: KABRAEXTRU | Engineering - Industrial Equipments | Small Cap

Kabra Extrus.technik Share Price

469.70 9.00 1.95%
as on 11-Nov'24 09:50

DeciZen - make an informed investing decision on Kabra Extrus.technik

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Kabra Extrusiontechnik stock performance -

mw4me loader
P/E Ratio (SA):
45.14
Market Cap:
1,611.2 Cr.
52-wk low:
290.3
52-wk high:
501

Is Kabra Extrusiontechnik Ltd an attractive stock to invest in?

1. Is Kabra Extrusiontechnik Ltd a good quality company?

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

2. Is Kabra Extrusiontechnik Ltd undervalued or overvalued?

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

3. Is Kabra Extrusiontechnik Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Kabra Extrusiontechnik 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 Kabra Extrus.technik:

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.
Kabra Extrusiontechnik 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'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 19.7%19.8%12.3%9.7%13.5%3%12.1%13.3%15.1%10.5%-
Value Creation
Index
0.40.4-0.1-0.30.0-0.8-0.1-0.10.1-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 271299276268245220276406670608508
Sales YoY Gr.-10.3%-7.7%-2.8%-8.7%-10.2%25.5%46.9%65.1%-9.3%-
Adj EPS 5.76.86.264.92.189.211.8910.2
YoY Gr.-18%-8%-3.4%-19%-56.1%272.4%14.8%28.7%-23.5%-
BVPS (₹) 44.74971.173.377.37387.3102.5114.4128.8132.1
Adj Net
Profit
18.321.619.819.215.56.825.429.439.631.536
Cash Flow from Ops. 5.232.918.812.1628.538.1-62.8-3.732.2-
Debt/CF from Ops. 40.50.50.31.60.90.6-0.9-20.22.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9.4%19.9%30.1%-9.3%
Adj EPS 5.2%13.1%4.2%-23.5%
BVPS12.5%10.7%13.9%12.6%
Share Price 19.6% 47% 23.5% 10.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
13.514.410.48.36.52.9109.711.17.67.8
Op. Profit
Mgn %
10.912.810.810.58.45.715.513.611.51013.5
Net Profit
Mgn %
6.77.27.27.16.33.19.27.25.95.27
Debt to
Equity
0.20.10000.10.10.20.20.20
Working Cap
Days
168151149194247286227220187226146
Cash Conv.
Cycle
8175749613415811310110114266

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 30.06%

Return on Equity has declined versus last 3 years average to 7.80%

Net Profit has been subdued in last 3 years 4.17%

Sales growth is not so good in last 4 quarters at -27.39%

Latest Financials - Kabra Extrusiontechnik Ltd.

Standalone Consolidated
TTM EPS (₹) 10.2 10.5
TTM Sales (₹ Cr.) 508 508
BVPS (₹.) 132.1 132.3
Reserves (₹ Cr.) 444 445
P/BV 3.49 3.48
PE 45.14 43.84
From the Market
52 Week Low / High (₹) 290.25 / 501.00
All Time Low / High (₹) 1.75 / 644.65
Market Cap (₹ Cr.) 1,611
Equity (₹ Cr.) 17.5
Face Value (₹) 5
Industry PE 61.1

Management X-Ray of Kabra Extrus.technik:

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

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Analyst's Notes

Key Ratios of Kabra Extrus.technik

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales271299276268245220276406670608
Operating Expenses 242261246240224208235351596547
Manufacturing Costs11101211121510131721
Material Costs174189175167150135176274486424
Employee Cost 26293135323026384855
Other Costs 31332827302823274546
Operating Profit 30383028211341557461
Operating Profit Margin (%) 10.9%12.8%10.8%10.5%8.4%5.7%14.8%13.5%11.1%10.0%
Other Income 922232033237
Interest 32212133910
Depreciation 89787810111416
Exceptional Items 0-1900000000
Profit Before Tax 2732232131631435542
Tax 59216-17131711
Profit After Tax 2222212024724303832
PAT Margin (%) 8.3%7.5%7.5%7.5%10.0%3.4%8.8%7.4%5.7%5.2%
Adjusted EPS (₹)7.07.06.56.37.72.37.69.411.39.1
Dividend Payout Ratio (%)28%32%31%32%0%64%33%32%31%39%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 143156227234247233278329384450
Share Capital 16161616161616161717
Reserves 127140211218231217262313367433
Minority Interest0000000000
Debt21178492723536880
Long Term Debt00000151316116
Short Term Debt21178491210365774
Trade Payables333033563845421028181
Others Liabilities 6545343947655584102103
Total Liabilities 261248302333342370399568635714

Fixed Assets

Gross Block120162175178196218233258283314
Accumulated Depreciation50556169768493102115131
Net Fixed Assets70107113108120134140156168183
CWIP 00101710620
Investments 42166357524386564675
Inventories626166102106125112204209239
Trade Receivables544035443516225611099
Cash Equivalents 2421368325445
Others Assets32202220243831644353
Total Assets 261248302333342370399568635714

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 533191262838-63-432
PBT 2750232131631435542
Adjustment 4-1167-10710142019
Changes in Working Capital -197-4-13-1217-2-115-64-19
Tax Paid -7-12-6-4-3-3-2-5-15-11
Cash Flow From Investing Activity 1-19-711-39-328-29-52
Capex -23-48-15-2-21-33-11-22-32-42
Net Investments 2256215-8-2029-1-14
Others 2241172-2154
Cash Flow From Financing Activity -5-12-11-13-59-5533424
Net Proceeds from Shares 0000000011
Net Proceeds from Borrowing 0000000000
Interest Paid -3-2-2-1-3-2-3-3-9-10
Dividend Paid -6-90-6-6-50-8-10-12
Others 4-2-9-6416-2645245
Net Cash Flow 12101-11-225
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)16.515.0310.838.7410.193.129.469.910.687.59
ROCE (%)19.6919.7612.289.6513.51312.0813.3215.1210.46
Asset Turnover Ratio1.21.281.080.860.730.620.720.841.110.9
PAT to CFO Conversion(x)0.231.50.90.60.2541.58-2.1-0.111
Working Capital Days
Receivable Days49524653594325354563
Inventory Days756977113155192157142113134
Payable Days5660669711511290976969

Kabra Extrusiontechnik Ltd Stock News

Kabra Extrusiontechnik Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Kabra Extrus.technik on 11-Nov-2024 09:50 is ₹469.7.
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 11-Nov-2024 09:50 the market cap of Kabra Extrus.technik stood at ₹1,611.2.
The latest P/E ratio of Kabra Extrus.technik as of 11-Nov-2024 09:50 is 45.14.
The latest P/B ratio of Kabra Extrus.technik as of 11-Nov-2024 09:50 is 3.49.
The 52-week high of Kabra Extrus.technik is ₹501.0 and the 52-week low is ₹290.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kabra Extrus.technik is ₹508.1 ( Cr.) .

About Kabra Extrusiontechnik Ltd

Kabra ExtrusionTechnik Ltd. was incorporated on October 21, 1982 and was converted into a public limited company on March 30, 1984. The company was set up with the object of manufacturing Twin Screw Extrudes complete with downstream equipment for PVC Pipes profiles section and garments in technical collaboration with Battenfeld Extrusionstechnik GmbH West Germany.

Kabra Extrusiontechnik (KET), a part of Kolsite group is a leading manufacturer of plastic extrusion machinery in India. KET offers a wide range of hi-tech sophisticated single and twin screw extrusion lines for pipes, profiles, pellets, and PO pipelines for HDPE/PPR, teleduct, mono and multilayer blown films etc.

The company has over four decades of rich experience in plastics industry. It has got the coveted ‘Two Star Export House’ status.  The company has won ‘Excellence in Export’ award five times and also is an ISO 9000 company. KET has been benchmarking in plastics extrusion industry by sophisticated R & D techniques and various processes to cater to the market requirements for low power consumption, high output, maintenance free and user friendly Plastics Extrusion plants and machineries.

KET has a joint venture with global leaders in plastics extrusion machinery viz. Battenfeld Extrusionstechnik, Germany and American Maplan Corporation, USA. KET is India’s leading manufacturer and exporter of Plastics Extrusion Plants and Allied Machineries. KET has over 6,400 installations in 56 countries worldwide.

KET offers following major product lines viz.

  • Twin screw extrusion lines for extrusion of RPVC/ CPVC pipes, PVC profiles & pellets
  • Single screw extrusion lines for PO pipes
  • Mono layer and Multi layer Blown film lines

Products range of the company includes:

Pipe extrusion lines

  • PVC Pipes
  • CPVC Pipes
  • PVC Foam Core Pipes
  • Polyolefin Pipes
  • PP-R Pipes
  • Downstream

Diverse product lines

  • PVC Pelletising lines
  • PVC Profile lines
  • PVC Mixer cooler
  • Tape Stretching Lines

Monolayer blown film

Multilayer blown film

Achievements/ recognition:

  • KET has been exporting to 61 countries.
  • The company has won prestigious ‘All India Award for Export Excellence’ for the year 2006-07. KET is the first Plastics Extrusion Plants Manufacturer being awarded such an award nationally.
  • KET has been performing progressively on financial and market parameters. This fact was authenticated in PlastIndia 2009 when KET received prestigious Plasticon Award for Fastest Growing Enterprise.
  • KET has won the prestigious Export Excellence Award (2005-06) for the Sixth Time. This award is conferred upon by Engineering Export Promotion Council for Export Excellence in different product groups.
  • As recognition of its sustained and excellent export performance, Government of India has accorded it '2 Star Export House Status'.
  • An ISO 9000 certified company
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