Kingfa Science & Technology (India) Ltd - Stock Valuation and Financial Performance

BSE: 524019 | NSE: KINGFA | Plastic Products | Small Cap

Kingfa Science Share Price

3,365.95 57.45 1.74%
as on 20-Sep'24 16:01

DeciZen - make an informed investing decision on Kingfa Science

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Kingfa Science & Technology (India) stock performance -

mw4me loader
P/E Ratio (SA):
32.24
Market Cap:
4,080.8 Cr.
52-wk low:
1,400
52-wk high:
3,717

Is Kingfa Science & Technology (India) Ltd an attractive stock to invest in?

1. Is Kingfa Science & Technology (India) Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Kingfa Science & Technology (India) Ltd is a below average quality company.

2. Is Kingfa Science & Technology (India) Ltd undervalued or overvalued?

The key valuation ratios of Kingfa Science & Technology (India) Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Kingfa Science & Technology (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Kingfa Science & Technology (India) 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 Kingfa Science:

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.
Kingfa Science & Technology (India) 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 % 4.4%22.5%9.4%13.3%9.5%10%3.7%11%25%30.3%-
Value Creation
Index
-0.70.6-0.3-0.1-0.3-0.3-0.7-0.20.81.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2193144276027027426271,0481,4041,4881,565
Sales YoY Gr.-43.6%36%40.9%16.6%5.7%-15.4%67.1%34%6%-
Adj EPS -4.510.4102020.427.32.443.283.4100.1104.5
YoY Gr.-NA-3.7%99%2.2%33.7%-91.1%1683.5%93.3%20%-
BVPS (₹) 11.9115.6129.8252.1267.9287.8292.3317.6384.8486518.3
Adj Net
Profit
-3.110.810.224.224.733.12.952.3101121127
Cash Flow from Ops. -0.819.2-119-11695.630.3-1.937.827.216.1-
Debt/CF from Ops. -89.30.8-0.4-0.20.21.5-35.31.11.41.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 23.7%16.2%33.4%6%
Adj EPS NA37.4%245.9%20%
BVPS51.1%12.7%18.5%26.3%
Share Price 34.2% 40.5% 49.3% 46.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-31.516.95.68.87.99.80.814.223.82320.8
Op. Profit
Mgn %
38.54.56.96.27.52.58.611.112.412.2
Net Profit
Mgn %
-1.43.42.443.54.50.557.28.28.1
Debt to
Equity
9.20.10.30.10.10.10.20.10.10.1-
Working Cap
Days
12612713915917116921717317017783
Cash Conv.
Cycle
6140426562497041183935

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 20.80%

Sales growth is growing at healthy rate in last 3 years 33.36%

Net Profit is growing at healthy rate in last 3 years 245.86%

Sales growth is good in last 4 quarters at 12.40%

No data to display

Latest Financials - Kingfa Science & Technology (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 104.5 -
TTM Sales (₹ Cr.) 1,565 -
BVPS (₹.) 518.3 -
Reserves (₹ Cr.) 616 -
P/BV 6.50 -
PE 32.24 -
From the Market
52 Week Low / High (₹) 1400.00 / 3717.00
All Time Low / High (₹) 5.13 / 3717.00
Market Cap (₹ Cr.) 4,081
Equity (₹ Cr.) 12.1
Face Value (₹) 10
Industry PE 41.7

Management X-Ray of Kingfa Science:

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 Kingfa Science

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
Sales2193144276027027426271,0481,4041,488
Operating Expenses 2122884085606666986129661,2761,303
Manufacturing Costs791018192626324349
Material Costs1822553635005976085238631,1171,155
Employee Cost 891211111517202529
Other Costs 16142232404946529169
Operating Profit 627194135431582128185
Operating Profit Margin (%) 3.0%8.5%4.5%6.8%5.0%5.8%2.5%7.8%9.1%12.4%
Other Income 01464310123
Interest 8722243576
Depreciation 33368911131418
Exceptional Items 0000000-2300
Profit Before Tax -517183929331241110164
Tax -275141097112842
Profit After Tax -3111225192553181123
PAT Margin (%) -1.4%3.4%2.9%4.1%2.7%3.3%0.8%2.9%5.8%8.2%
Adjusted EPS (₹)-4.410.512.320.415.720.34.425.367.2101.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%10%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 8119131305324349354385466589
Share Capital 6101012121212121212
Reserves 2109121293312336342372454576
Minority Interest0000000000
Debt75164221174542323730
Long Term Debt151616161718241700
Short Term Debt60026602718153730
Trade Payables3689107148195191218427475347
Others Liabilities 1612410151257373329
Total Liabilities 1202304054855515966718801,010994

Fixed Assets

Gross Block5259100118124154187197210358
Accumulated Depreciation283024303847577084103
Net Fixed Assets2529768886107129127125256
CWIP 141102791151231271312
Investments 0000000000
Inventories325969116103111143261289242
Trade Receivables5685130181210197212283358404
Cash Equivalents 071047153232429245
Others Assets791627224440538385
Total Assets 1202304054855515966718801,010994

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -119-119-1169630-2382716
PBT -517183929331241110164
Adjustment 1185332917234310
Changes in Working Capital -7-6-139-14773-14-28-13-107-121
Tax Paid 00-3-10-10-18-3-14-18-38
Cash Flow From Investing Activity -4-47-18-6-77-63-14-19-242
Capex -4-47-19-11-81-66-15-19-24-21
Net Investments 0000000-1-122
Others 0105431111
Cash Flow From Financing Activity 534137162-72217-14-21-8
Net Proceeds from Shares 010011237000000
Net Proceeds from Borrowing 0100000000
Interest Paid -8-7-1-3-1-4-2-4-5-7
Dividend Paid 0000000000
Others 13-6026128-62619-11-16-1
Net Cash Flow 06-14012-1115-1810
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)-31.1216.939.911.296.057.311.518.319.1423.24
ROCE (%)4.3822.479.4413.279.4610.043.7211.0224.9830.26
Asset Turnover Ratio2.222.031.521.391.351.290.991.351.511.51
PAT to CFO Conversion(x)N/A1.73-9.92-4.645.051.2-0.41.230.330.13
Working Capital Days
Receivable Days76728192102100119868292
Inventory Days41474855575374707064
Payable Days64899993105116142136147130

Kingfa Science & Technology (India) Ltd Stock News

Kingfa Science & Technology (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Kingfa Science on 20-Sep-2024 16:01 is ₹3,366.
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 20-Sep-2024 16:01 the market cap of Kingfa Science stood at ₹4,080.8.
The latest P/E ratio of Kingfa Science as of 20-Sep-2024 16:01 is 32.24.
The latest P/B ratio of Kingfa Science as of 20-Sep-2024 16:01 is 6.50.
The 52-week high of Kingfa Science is ₹3,717 and the 52-week low is ₹1,400.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kingfa Science is ₹1,565 ( Cr.) .

About Kingfa Science & Technology (India) Ltd

Hydro S&S Industries (HSSIL), was established in Technical Collaboration with the Performance Plastics Division of Norsk Hydro Polymers, UK to manufacture Polypropylene Compounds on November 10, 1983. The company is part of the WS Group a well known industrial group in South India with interests in Electrical Transmission and Distribution and in engineering plastics.

It manufactures and sells all kinds of plastics and resinsincluding compounds intermediates derivatives and by-products.

The company has set up a project at Sipcot Industrial Complex Pudukottai in Tamil Nadu on a land admeasuring 7 acres for themanufacture of 2000 metric tons per annum of mineral mouldingcompounds. The company has entered into a technical collaboration agreement with Hydro Polymers Ltd Hampshire England.

The company’s state-of-the-art production facilities are located at Pudukkottai in Tamil Nadu and Pondicherry. The company has the capacity to supply 18000 MTS of compounds per annum and has latest R&D and testing facilities, which include Instron UTM, Ceast Impact and HDT testers, ATLAS weatherometer, UL Chamber, computerised colour matching facilities etc. Both the plants are certified under TS16949 quality standards by Det Norske Veritas.

HSSIL has a marketing reach throughout India, backed by sound manufacturing, R&D, sales and logistical support capability, drawing upon the collective expertise and resource of the entire group to provide state-of-art products, we deliver locally optimized solutions for customers

Product range of the company includes:

  • Polypropylene- Hydro S & S Industries Limited('HSSIL') manufactures a wide range of Reinforced Polypropylene compounds under the HYFIL brand name. Polypropylene modified by the addition of reinforcements such as talc, chalk, mica and glass fibre has enabled it to establish itself as a metal substitute in engineering applications.
  • Thermoplastic Elastomers- A wide range of thermoplastic elastomers under the HYPRENE brand name is also made available. These products are manufactured under a strategic alliance with Advanced Elastomers Systems (AES),USA, the worldwide leader in engineered TPE's. AES provides the base material and technical support to HSSIL for manufacture of TPE's in India.
  • Pultrusion- XTRUGLAS is the trade name of HSSIL products manufactured by Pultrusion process. Xtruglas pultruded sections are similar to extrusions in that they have a constant cross section and are made by a continuous process. They are manufactured from a wide variety of high performance thermosetting resins with fibre reinforcements namely glass and carbon.
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