Shri Krishna Devcon Ltd - Stock Valuation and Financial Performance

BSE: 531080 | NSE: | Construction - Real Estate | Small Cap

Shri Krishna Devcon Share Price

36.08 -0.31 -0.85%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Shri Krishna Devcon

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

1. Quality

2. Valuation

Fair

3. Price Trend

Shri Krishna Devcon stock performance -

mw4me loader
P/E Ratio (SA):
12.72
Market Cap:
101 Cr.
52-wk low:
19
52-wk high:
62.3

Is Shri Krishna Devcon Ltd an attractive stock to invest in?

1. Is Shri Krishna Devcon Ltd a good quality company?

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

2. Is Shri Krishna Devcon Ltd undervalued or overvalued?

The key valuation ratios of Shri Krishna Devcon Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Shri Krishna Devcon Ltd a good buy now?

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

10 Year X-Ray of Shri Krishna Devcon:

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.
Shri Krishna Devcon 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 1.5%1.2%4.2%3.8%5.1%3.8%3.3%4.8%3.8%5.4%-
Value Creation
Index
-0.9-0.9-0.7-0.7-0.6-0.7-0.8-0.7-0.7-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 29.7821.922.132.817172020.231.337
Sales YoY Gr.--73.1%174.8%0.7%48.6%-48.3%0.2%17.5%0.8%55.3%-
Adj EPS 0.40.30.90.71.10.70.41.311.72.8
YoY Gr.--15.4%160.6%-16.3%48.6%-35.5%-37.7%193%-21.4%75.8%-
BVPS (₹) 19.920.22121.822.823.223.624.925.927.628.7
Adj Net
Profit
1.10.92.4231.91.23.52.84.98
Cash Flow from Ops. -3.155.1-4.21.53.510.3-2.2-0.712.9-
Debt/CF from Ops. -7.66.66.8-10.932.313.44.1-22.5-76.54.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 0.6%-1%22.5%55.3%
Adj EPS 18.1%10.2%59.4%75.8%
BVPS3.7%3.9%5.3%6.7%
Share Price 14.7% 9.6% 31.6% 75.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
21.64.23.44.831.85.23.96.510.1
Op. Profit
Mgn %
3.78.723.12523.634.12935.926.628.637.1
Net Profit
Mgn %
3.611.510.99.19.111.3717.713.815.621.7
Debt to
Equity
0.40.60.60.80.70.70.70.70.70.7-
Working Cap
Days
1,1164,3611,5851,8871,4472,8852,9002,4922,5581,731685
Cash Conv.
Cycle
9393,5041,3521,6361,2301,9492,1031,6911,9381,111308

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 10.10%

Sales growth is growing at healthy rate in last 3 years 22.50%

Net Profit is growing at healthy rate in last 3 years 59.35%

Debt to equity has declined versus last 3 years average to 0.70

Sales growth is good in last 4 quarters at 63.19%

No data to display

Latest Financials - Shri Krishna Devcon Ltd.

Standalone Consolidated
TTM EPS (₹) 2.8 2.8
TTM Sales (₹ Cr.) 36.7 36.7
BVPS (₹.) 28.7 28.7
Reserves (₹ Cr.) 52 52
P/BV 1.26 1.26
PE 12.72 12.72
From the Market
52 Week Low / High (₹) 19.01 / 62.32
All Time Low / High (₹) 1.00 / 62.32
Market Cap (₹ Cr.) 101
Equity (₹ Cr.) 28
Face Value (₹) 10
Industry PE 76.7

Management X-Ray of Shri Krishna Devcon:

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 Shri Krishna Devcon

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales3082222331717202031
Operating Expenses 2971717251112131522
Manufacturing Costs24080000000
Material Costs245122078101218
Employee Cost 0111111111
Other Costs 2234433223
Operating Profit 1156865759
Operating Profit Margin (%) 3.7%8.7%23.1%24.9%23.6%34.1%29.0%35.9%26.6%28.3%
Other Income 1110000011
Interest 0023433333
Depreciation 0000000000
Exceptional Items 0000000000
Profit Before Tax 2143432547
Tax 1011110112
Profit After Tax 1122321435
PAT Margin (%) 3.6%11.5%10.9%9.1%9.1%11.3%7.0%17.7%13.8%15.4%
Adjusted EPS (₹)0.40.30.90.71.10.70.41.31.01.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 56575961646566707277
Share Capital 28282828282828282828
Reserves 28293133363738424449
Minority Interest0000000000
Debt24333444464541485253
Long Term Debt021730303024232323
Short Term Debt24301714161517252931
Trade Payables18589111212111122
Others Liabilities 20273639363841383642
Total Liabilities 117122137154157160161167172195

Fixed Assets

Gross Block1112122122
Accumulated Depreciation0111001101
Net Fixed Assets1111111111
CWIP 0000000000
Investments 12262821212120192021
Inventories838786112110114112116116122
Trade Receivables1519611108677
Cash Equivalents 44833268819
Others Assets23610111313182025
Total Assets 117122137154157160161167172195

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -355-41310-2-113
PBT 2143432547
Adjustment 0-113433322
Changes in Working Capital -341-9-6-16-9-55
Tax Paid -10-1-1-1-2-1-1-1-1
Cash Flow From Investing Activity -3-14-10001000
Capex 00000-100-10
Net Investments -4-14-21-1010-1-1
Others 1110010011
Cash Flow From Financing Activity 090-1-2-4-831-2
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 021400-6-10-1
Interest Paid 00-2-3-4-3-3-3-3-3
Dividend Paid 0000000000
Others 071-3102743
Net Cash Flow -604-5-1042011
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)1.961.644.153.344.782.981.835.223.96.45
ROCE (%)2.251.766.35.517.315.454.76.635.177.47
Asset Turnover Ratio0.270.070.170.150.210.110.110.120.120.17
PAT to CFO Conversion(x)-352.5-20.331.510-0.5-0.332.6
Working Capital Days
Receivable Days101362811209222119412911680
Inventory Days9873,8821,4341,6351,2362,4072,4232,0762,1001,391
Payable Days1,7131,003450255181628557436341338

Shri Krishna Devcon Ltd Stock News

Shri Krishna Devcon Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Shri Krishna Devcon on 28-Mar-2024 16:01 is ₹36.08.
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 28-Mar-2024 16:01 the market cap of Shri Krishna Devcon stood at ₹101.0.
The latest P/E ratio of Shri Krishna Devcon as of 28-Mar-2024 16:01 is 12.72.
The latest P/B ratio of Shri Krishna Devcon as of 28-Mar-2024 16:01 is 1.26.
The 52-week high of Shri Krishna Devcon is ₹62.32 and the 52-week low is ₹19.01.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shri Krishna Devcon is ₹36.65 ( Cr.) .

About Shri Krishna Devcon Ltd

Shri Krishna Devcon (SKDL) is the flagship company of SKDL Group of Companies. The group is involved in multifaceted activities ranging from food processing, garment manufacturing to securities and commodities trading to real estate development.

Over the years, the group has expanded its activities in the field of real estate from mere financing to conceiving, promoting and executing large real estate projects. The group’s turnover today exceeds Rs 500 million annually. The group has drawn up plans to scale its real estate business over 10 times in next five years. The focus is on expanding real estate activities to various parts of the country.

SKDL is a public limited company listed on the Bombay Stock Exchange. The company has been in the business of finance since its inception.

The company was acquired by the group in 2007 and has made real estate development its primary focus.

The promoter's initiatives in real estate in the last five years have resulted in creation of many prime properties. This success in the real estate market is now being consolidated under the umbrella of SKDL.

SKDL has chalked out a detailed road map for expansion. The projects range from small residential condominiums to commercial complexes to large IT parks.

Projects

  • Residential - Under residential segment, the company has been part of projects namely Gulmarg Valley and Shri Krishna Orchid of Indore, Shree Krishna Avenue, Shri Krishna Residency and Shri Krishna Kailash Ujjain.
  • Farm/second house - SKDL has developed projects such as Shri Krishna Green Cottages, Shri Krishna Baugh and SKDL Lal Kothi of Indore.
  • Commercial - Under this, SKDL has constructed projects such as Shri Krishna's Hi Life and Shri Krishna's Peninsula.
  • Infrastructure - Shri Krishna Crystal IT Park was developed by company under the said category.
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