Kothari Fermentation & Biochem Ltd - Stock Valuation and Financial Performance

BSE: 507474 | NSE: | Consumer Food | Small Cap

Kothari Fermentn&Bio Share Price

73 -3.16 -4.15%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Kothari Fermentn&Bio

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

1. Quality

2. Valuation

Fair

3. Price Trend

Kothari Fermentation & Biochem stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
114.2 Cr.
52-wk low:
38.3
52-wk high:
105

Is Kothari Fermentation & Biochem Ltd an attractive stock to invest in?

1. Is Kothari Fermentation & Biochem Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Kothari Fermentation & Biochem Ltd is a below average quality company.

2. Is Kothari Fermentation & Biochem Ltd undervalued or overvalued?

The key valuation ratios of Kothari Fermentation & Biochem Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Kothari Fermentation & Biochem Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Kothari Fermentation & Biochem 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 Kothari Fermentn&Bio:

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.
Kothari Fermentation & Biochem 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 % 3.3%5.1%6.7%8.6%12.1%15.6%9%7.7%2.4%2.1%-
Value Creation
Index
-0.8-0.6-0.5-0.4-0.10.1-0.4-0.5-0.8-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 50.664.377.279.187.796.296.795.697110109
Sales YoY Gr.-27.1%20%2.5%10.9%9.7%0.6%-1.2%1.6%13.7%-
Adj EPS 0.30.61.32.23.65.83.73.20.20.1-1.2
YoY Gr.-148%108.1%66.7%65.6%63.2%-35.6%-14.4%-93.8%-35%-
BVPS (₹) 18.719.320.522.626.2323740.240.440.636.7
Adj Net
Profit
0.40.91.93.25.38.75.64.80.30.2-2
Cash Flow from Ops. 5.45.29.49.810.711.8715.19.56.1-
Debt/CF from Ops. 22.21.81.91.524.92.64.87.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9%4.7%4.5%13.7%
Adj EPS -7%-48.4%-67.4%-35%
BVPS9%9.2%3.1%0.5%
Share Price 22.8% 2.4% 12.1% 79.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
1.43.36.51014.62010.88.30.50.3-3.1
Op. Profit
Mgn %
777.811.213.618.5151510.586.5
Net Profit
Mgn %
0.81.42.54.16.19.15.850.30.2-1.6
Debt to
Equity
0.40.40.50.50.40.50.60.70.80.7-
Working Cap
Days
12598777161628910511111562
Cash Conv.
Cycle
433535362932536658524

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.74

Return on Equity is Poor

Sales growth has been subdued in last 3 years 4.46%

Sales growth is not so good in last 4 quarters at 4.29%

Latest Financials - Kothari Fermentation & Biochem Ltd.

Standalone Consolidated
TTM EPS (₹) -1.2 -
TTM Sales (₹ Cr.) 109 -
BVPS (₹.) 36.7 -
Reserves (₹ Cr.) 40 -
P/BV 2.07 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 38.26 / 105.00
All Time Low / High (₹) 0.25 / 112.90
Market Cap (₹ Cr.) 114
Equity (₹ Cr.) 15
Face Value (₹) 10
Industry PE 64.9

Management X-Ray of Kothari Fermentn&Bio:

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 Kothari Fermentn&Bio

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
Sales516477798896979697110
Operating Expenses 476071707678828187101
Manufacturing Costs14182523263433332728
Material Costs24323535372932304057
Employee Cost 445567891010
Other Costs 56667898107
Operating Profit 446912181514109
Operating Profit Margin (%) 7.0%6.8%7.8%11.2%13.5%18.5%15.0%15.0%10.5%8.0%
Other Income 0000003000
Interest 1212222433
Depreciation 2223344566
Exceptional Items 0000000000
Profit Before Tax 113571211620
Tax 0112243110
Profit After Tax 0123598500
PAT Margin (%) 0.7%1.3%2.4%4.1%6.1%9.1%7.9%5.0%0.3%0.2%
Adjusted EPS (₹)0.30.61.32.13.65.85.13.20.20.1
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 28293134394856606161
Share Capital 15151515151515151515
Reserves 13141619243341454646
Minority Interest0000000000
Debt10111517152030354040
Long Term Debt44610101620242828
Short Term Debt76974410121212
Trade Payables33243453912
Others Liabilities 4691091415181918
Total Liabilities 454957656786106116129131

Fixed Assets

Gross Block394456677982110123126126
Accumulated Depreciation18202224273135404652
Net Fixed Assets21243443525274828074
CWIP 6676114371619
Investments 0000000000
Inventories45675815141822
Trade Receivables5455578668
Cash Equivalents 1211111110
Others Assets9854345687
Total Assets 454957656786106116129131

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 559101112715106
PBT 113571211620
Adjustment 3334557999
Changes in Working Capital 21420-3-91-0-3
Tax Paid 000-1-1-3-2-1-10
Cash Flow From Investing Activity -4-5-13-10-7-17-16-17-13-3
Capex -4-5-13-10-7-17-16-17-13-3
Net Investments 0000000000
Others 0000000000
Cash Flow From Financing Activity -1030-45823-3
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0124175460
Interest Paid -1-1-1-2-2-2-2-4-3-3
Dividend Paid 0000000000
Others 002-2-306110
Net Cash Flow 00-10000000
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)1.363.026.339.9414.5819.9614.818.30.510.32
ROCE (%)4.747.449.7812.8716.422.3916.449.894.413.02
Asset Turnover Ratio1.151.381.461.31.331.261.010.860.790.85
PAT to CFO Conversion(x)INF54.53.332.21.330.883INFINF
Working Capital Days
Receivable Days29252123222327262222
Inventory Days31262729242545576167
Payable Days33322531374547475769

Kothari Fermentation & Biochem Ltd Stock News

Kothari Fermentation & Biochem Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Kothari Fermentn&Bio on 28-Mar-2024 16:01 is ₹73.00.
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 28-Mar-2024 16:01 the market cap of Kothari Fermentn&Bio stood at ₹114.2.
The latest P/E ratio of Kothari Fermentn&Bio as of 28-Mar-2024 16:01 is 0.00.
The latest P/B ratio of Kothari Fermentn&Bio as of 28-Mar-2024 16:01 is 2.07.
The 52-week high of Kothari Fermentn&Bio is ₹105.0 and the 52-week low is ₹38.26.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kothari Fermentn&Bio is ₹109.2 ( Cr.) .

About Kothari Fermentation & Biochem Ltd

Kothari Fermentation & Biochem was incorporated on December 26, 1990 and has been engaged in the manufacture of yeast and its derivatives.

The company is located in the Bulandshahar district of Uttar Pradesh. Yeast and its derivatives find application in the manufacture of bread, brewing of beer, and as a source of vitamin in food products and pharmaceuticals. Distiller yeast improvers manufactured by the company are used by distilleries manufacturing alcohol using cane molasses and non-molasses as raw material.

Yeast extract paste and powder are sold as premium products to the food, biotechnology and pharmaceutical industries under the brand name Sunrise. The company had made a reference to the Board for Industrial and Financial Reconstruction (BIFR) in September 2002 and was declared a sick industrial company on November 9, 2005. In view of the rehabilitation scheme (package), sanctioned by BIFR in August 2008, the company is restructuring its equity capital base.

Business areas of the company:

The manufacturing unit of the company produces various kinds of yeast including compressed yeast, dried yeast, distiller yeast improvers, extract paste and extract powder.

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