Kemrock Industries & Exports Ltd - Stock Valuation and Financial Performance

BSE: 526015 | NSE: KEMROCK | Glass | Small Cap

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Kemrock Industries & Exports stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
17.8 Cr.
52-wk low:
8.7
52-wk high:
9.5

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Kemrock Inds&Exports:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Jun'10Jun'11Jun'12Sep'13TTM
ROCE % 16.5%6.9%11%15.7%12.9%8.2%7.7%9.1%4.1%-10.8%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 183857.613922036448090191135937
Sales YoY Gr.-110.9%51.7%140.5%58.7%65.6%31.7%87.9%1.1%-60.7%-
Adj EPS 3.42.27.62526.324.825.343.3-8.6-163.2-141.1
YoY Gr.--36.8%252.8%228.5%4.9%-5.4%1.9%70.9%-120%NA-
BVPS (₹) 11.819.626.676.7182233.4269.6377.1410.8170.6-19.6
Adj Net
Profit
2.21.44.918.926.627.442.475.5-17.6-332-287
Cash Flow from Ops. 1.1-9-7.6-37-58-91.571.3-15.3-205409-
Debt/CF from Ops. 14.1-5.8-11.8-5.4-4.6-6.810.3-79.5-9.71.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 39.4%10.3%-9.3%-60.7%
Adj EPS -253.6%-244.1%-286.1%NA
BVPS34.5%-1.3%-14.2%-58.5%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Jun'10Jun'11Jun'12Sep'13TTM
Return on
Equity %
35.411.532.249.420.311.712.712.3-2.4-65.4-186.9
Op. Profit
Mgn %
22.415.826.229.332.425.325.227.518.1-29.3-84.9
Net Profit
Mgn %
12.13.68.413.612.17.58.88.4-1.9-92.5-784.5
Debt to
Equity
2.14.35.33.41.42.41.61.92.41.7-
Working Cap
Days
2482852812633343563223445561,0471,263
Cash Conv.
Cycle
130157188139177240184168284526-2,127

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 - Kemrock Industries & Exports Ltd.

Standalone Consolidated
TTM EPS (₹) -141.1 17.6
TTM Sales (₹ Cr.) 36.6 1,061
BVPS (₹.) -19.6 218
Reserves (₹ Cr.) -60 423
P/BV -0.45 0.04
PE 0.00 0.50
From the Market
52 Week Low / High (₹) 8.73 / 9.50
All Time Low / High (₹) 1.80 / 999.85
Market Cap (₹ Cr.) 17.8
Equity (₹ Cr.) 20.3
Face Value (₹) 10
Industry PE 35.4

Management X-Ray of Kemrock Inds&Exports:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *32.1732.1131.8932.5330.0723.0720.5111.4711.4612.57
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Kemrock Inds&Exports

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'04Mar'05Mar'06Mar'07Mar'08Mar'09Jun'10Jun'11Jun'12Sep'13
Sales27.0237.9857.62138.55219.94364.21599.73901.31911.39448.26
Operating Expenses 20.973242.7598.06148.66272448.66653.51747.12579.48
Manufacturing Costs2.314.566.0314.4421.0930.5644.2671.8662.3847.24
Material Costs12.9619.3424.1762.2995.38184.20327.22486.52566.45296.38
Employee Cost 0.711.593.867.049.8620.4334.3340.1637.0533.02
Other Costs 56.528.6914.2922.3236.8142.8654.9781.23202.84
Operating Profit 6.045.9814.8840.5071.2892.21151.07247.80164.28-131.22
Operating Profit Margin (%) 22.4%15.7%25.8%29.2%32.4%25.3%25.2%27.5%18.0%-29.3%
Other Income 0.460.190.240.662.929.762.264.82103.3378.20
Interest 1.832.896.6414.0828.8939.6554.02110.41162.72285.61
Depreciation 1.021.803.216.8612.2418.6128.8142.1245.5659.49
Exceptional Items 000000001.600
Profit Before Tax 3.661.475.2620.2133.0743.6970.51100.0960.93-398.12
Tax 0.360.050.471.285.1611.2517.5424.6336.73-35.66
Profit After Tax 3.301.434.7918.9327.9132.4452.9775.4624.20-362.46
PAT Margin (%) 12.2%3.8%8.3%13.7%12.7%8.9%8.8%8.4%2.7%-80.9%
Adjusted EPS (₹)5.42.37.525.127.629.531.643.311.9-178.0
Dividend Payout Ratio (%)0%0%0%0%4%5%6%5%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'04Mar'05Mar'06Mar'07Mar'08Mar'09Jun'10Jun'11Jun'12Sep'13

Equity and Liabilities

Shareholders Fund 11.1512.7217.4558.22194.28257.23564.68657.82835.19433.44
Share Capital 6.146.186.387.5510.1311.0116.7517.4420.3320.33
Reserves 5.016.5411.0750.67184.15246.22547.93640.37814.86413.11
Minority Interest0000000000
Debt22.7051.9290.47198.91265.13618.38917.631,030.591,936.56720.39
Long Term Debt22.7051.9290.47198.91265.13618.38917.63428.841,115.75694.32
Short Term Debt0000000601.75820.8126.08
Trade Payables6.409.588.5642.6059.1088.90192.05117.4072.0457.07
Others Liabilities 4.033.646.3513.9831.5334.9350.59299.50379.011,864.11
Total Liabilities 44.2877.86122.84313.71550.03999.441,724.962,105.303,222.803,075.01

Fixed Assets

Gross Block21.8938.3173.80161.57252.05327.94567.93792.81784.351,636.33
Accumulated Depreciation3.885.678.8815.7527.9046.4875.14116.60159.67219.01
Net Fixed Assets18.0132.6364.91145.82224.15281.46492.79676.21624.681,417.31
CWIP 1.373.502.110.174.14155.30329.3198.83373.95240.82
Investments 00.020.021.642.082.0191.0192.77132.09482.94
Inventories13.1817.9926.8663.08138.76196.51236.27282.75267.23128.42
Trade Receivables5.0316.2324.5873.1995.19262.91315.66449.71637.44389.01
Cash Equivalents 1.933.620.637.5344.5486.87175.14127.51360.084.58
Others Assets4.743.863.7322.2841.1814.3884.78377.52827.33411.92
Total Assets 44.2877.86122.84313.71550.03999.441,724.962,105.303,222.803,075.01

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'04Mar'05Mar'06Mar'07Mar'08Mar'09Jun'10Jun'11Jun'12Sep'13
Cash Flow From Operating Activity 1.61-9.01-7.64-37.04-57.96-91.5489.14-15.30-204.61511.18
PBT 3.661.58519.9330.1743.6970.51100.0960.93-398.12
Adjustment 2.874.699.8520.9541.1356.2181.28108.43182.85497.50
Changes in Working Capital -2.97-12.37-15.61-62.3-97.54-188.3-53.64-243.85-450.97411.79
Tax Paid -0.10-0.03-0.25-1.53-2.83-3.14-9.0120.032.580
Cash Flow From Investing Activity -8.86-18.56-34.10-87.45-94.98-217.87-503.27-223.62-323.88-1,069.85
Capex -8.86-18.55-34.10-85.83-94.54-219.52-414.28-221.86-284.25-719
Net Investments 0-0.020-1.62-0.440-88.99-1.76-39.63-350.85
Others 000001.650000
Cash Flow From Financing Activity 9.1129.2638.75131.38189.95351.74502.39191.29761.07203.18
Net Proceeds from Shares 0.340.040.2022.94124.9239.42258.6919.29149.420
Net Proceeds from Borrowing 6.2514.4525.8070.4340.2900260.31543.37181.13
Interest Paid 00000-39.65-52.52-89.40-146.81-285.61
Dividend Paid 0000-1.19-1.29-3.03-1.9500
Others 2.5114.7812.7538.0125.92353.26299.253.04215.09307.66
Net Cash Flow 1.861.69-2.996.9037.0142.3388.26-47.62232.57-355.50
PARTICULARSMar'04Mar'05Mar'06Mar'07Mar'08Mar'09Jun'10Jun'11Jun'12Sep'13
Ratios
ROE (%)37.5912.3932.9150.5623.0414.6912.8912.353.24-57.14
ROCE (%)20.168.9413.8818.7917.3112.4410.5112.519.53-5.67
Asset Turnover Ratio0.780.630.60.680.540.490.460.480.350.15
PAT to CFO Conversion(x)0.49-6.3-1.59-1.96-2.08-2.821.68-0.2-8.45N/A
Working Capital Days
Receivable Days68101125121133172168151213404
Inventory Days130148137111159161125102108156
Payable Days1151511371501951471571164854

Kemrock Industries & Exports Ltd Stock News

Kemrock Industries & Exports Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Kemrock Inds&Exports 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 01-Jan-1970 05:30 the market cap of Kemrock Inds&Exports stood at ₹17.75.
The latest P/E ratio of Kemrock Inds&Exports as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Kemrock Inds&Exports as of 01-Jan-1970 05:30 is -0.45.
The 52-week high of Kemrock Inds&Exports is ₹9.50 and the 52-week low is ₹8.73.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kemrock Inds&Exports is ₹36.56 ( Cr.) .

About Kemrock Industries & Exports Ltd

Kemrock leads in the field of composites with well integrated manufacturing facilities and a comprehensive product range. The range include High Performance Reinforced Polymer Composites, and a comprehensive range of Unsaturated Polyester & Phenolic Resins.  Kemrocks' products have high structural integrity and the key benefits include : corrosion & slip, impact resistance, lightweight, superior ergonomics, ease of installation, and long life cycles with very low maintenance. 

The superior performance and benefits qualify Kemrock’s products for extensive use in various markets and applications including chemical, oil and gas, pharmaceutical, pulp and paper, water and wastewater, metals and mining, transportation , electrical and telecommunications.  The products consistently exceed the mark of excellence set forth by safety and regulatory organizations. Many of the products have been certified and approved by regulatory authorities and institutes. 

Kemrock in association with Global leaders Georgia Pacific – USA , have set up a ultra modern facility to manufacture Phenolic and Unsaturated Polyester Resins for the composite industy.  Over and above a strong domestic customer base, Kemrock is winner of export awards with customers spread over 50 countries in the developed world.  Kemrock is strategically located 20 kms from Vadodara, Gujarat- India, having proximity to airports, seaports and is well connected by expressways.

Kemrock has a state of the art, global scale manufacturing facilities with scope of flexibility and further expansion at short notice. Kemrock has mastered the fine art of composite technology and is able to meet specialized demands as it has the cutting edge capabilities in Design, Engineering, Prototype and FRP Tooling.  The capabilities are one of the most comprehensive in the industry, covering various processes like Pultrusion, RTM, Compression Moulding, VRTM, Centrifugal Casting, Filament Winding etc. for FRP composites, and a comprehensive DCS based manufacturing facility for Specialty resins.

Strategic alliances – The company has joined hands with world leaders in FRP composit industry. These alliances have given it the technological edge and enhanced its product range.

The StonCor Group, a Fortune 500 company is a multi billion dollar conglomerate, combining four of the world's leading corrosion protection companies. 

  • Stonhard - The world leader in high performance polymer floors. Plasite - A pioneer in the development of corrosion resistant linings. Carboline - An innovator in high performance protective coatings.
  • Fibergrate Composite Structures Inc., manufacturer of the Chemgrate® and Fibergrate® brands, is the inventor and world's leader in molded fiberglass reinforced plastic (FRP) grating. With 35 years of experience in the FRP industry Fibergrate Composite Structures manufactures and sells the most complete line of high performance FRP products for industrial, commercial and recreational applications. Fibergrate is a part of M/s StonCor Group, Inc., USA that functions under the umbrella of the huge multi-billion dollar, multi-locational RPM Group, USA.
  • Georgia-Pacific began in 1927 at an Augusta, Ga., and hardwood lumberyard. Today, as one of the world's leading manufacturers and distributors of tissue, pulp, paper, packaging, building products and related chemicals, we employ more than 55,000 people at 300 facilities in the United States, Canada and 11 other countries.
  • Top Glass S.p.a. is a world-class manufacturer of fiberglass reinforced plastic profiles for industrial applications in chemical processing plants, building construction, marine, transportation, electrical, water and gas manufacturing. When TOP GLASS S.p.A. was founded in 1963, produces over FOUR HUNDRED different sections for a wide variety of applications in Europe and abroad for standard and custom profiles reaching daily output levels of over 20 tons.

Milestones

2009
Kemrock establishes a GLOBAL COMPOSITE VILLAGE at its Vadodara facility
New Mass Transportation Division Plant established
2010
Kemrock Inds has Acquired 80% Stake in Top Glass S.p.A.
SAERTEX-KEMROCK India Limited is established as a JV with SAERTEX, GERMANY to serve the Aerospace Market.
2011
Kemrock launches first indigenous industrial grade carbon fibre.
Kemrock Industries announces partnership for specialty resins with DSM

Product Range of the company:

Kemrock manufactures one of the most comprehensive ranges of ready and customized composite products and resin systems. Kemrock with Georgia Pacific offers a comprehensive range of thermoseting resins for FRP composites. The product range includes a fire safe phenolic and unsaturated polyeser resins.

Grating-Kemrock in technical alliance with world leader M/s Fibergrate Composite Structures, Inc., USA, manufactures a wide range of FRP Moulded and Polturded gratings. Kemrock also provides customized products for specialized applications. With more than ten custom resins, our products are proven to deliver years of reliable service; even in the most demanding corrosive conditions; which would cause conventional metallic and wood products to deteriorate rapidly. 

Handrails and Ladder Systems- Kemrock in technical alliance with world leaders M/s Fibergrate Composite Structures, Inc., USA makes a wide range of FRP Handrails and Ladder systems. With more than ten custom resins, our products are proven to deliver years of reliable service, even in the most demanding corrosive conditions. It includes:

  • Horizontal and inclined handrails with two or three rails
  • Stairways Speciality handrail which include round tube and picketed railing
  • Standard and retractable walk-thru Safety cages and many more.

FRP Cable Management Systems- Kemrock Cable Tray Systems come in a unit or assembly of units/ sections, with associated fittings forming a rigid structural system used to securely fasten or support cables and raceways. They perform in the toughest of industrial environments and come in a ready modular range as well as customized for specific requirement.  FRP Cable trays often provide a solution for cabling networks that must be upgraded, reconfigured, or relocated. The variety and sophistication of overhead distribution systems offer greater choice in selecting the right cable tray for new construction and retrofit applications. Whether concealed in suspended ceilings or installed in open overhead spaces, cable trays offer a high degree of flexibility, both in terms of locating the components and accessing the cabling contained within them.

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