1. Is Kalyani Steels Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Kalyani Steels Ltd is a good quality company.
2. Is Kalyani Steels Ltd undervalued or overvalued?
The key valuation ratios of Kalyani Steels Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Kalyani Steels Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Kalyani Steels Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||7.5%||14.1%||15.4%||16%||17%||12.6%||13.5%||16.8%||16.7%||16.7%||-|
|Value Creation Index ⓘ||-0.5||0.0||0.1||0.1||0.2||-0.1||-0.0||0.2||0.2||0.2||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||37.9%||10%||-3.8%||6.5%||7%||4.6%||-14.8%||-0.9%||43.6%||-|
|Adj EPS ⓘ||5.8||15.5||20.5||27.6||34.5||25.9||27.7||34.7||42.6||55.7||45|
|YoY Gr. Rt. %||-||169.3%||32%||34.7%||24.9%||-25%||7.1%||25.3%||22.5%||30.8%||-|
|BVPS (₹) ⓘ||81.2||91.1||109||135||160.8||179.8||204||220.8||264.4||313.2||318.7|
|Adj Net Profit ⓘ||25.2||67.8||89.5||121||151||113||121||152||186||243||197|
|Cash Flow from Ops. ⓘ||132||39.3||114||161||152||191||286||257||62.4||362||-|
|Debt/CF from Ops. ⓘ||1.3||5.3||1.9||2||1.6||0.9||0.1||0||2.7||0.9||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||28.6%||10%||26.2%||30.8%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||7.3||18||20.5||22.6||23.3||15.2||14.4||16.4||17.5||19.3||14.3|
|Op. Profit Mgn % ⓘ||9.7||12.7||14.4||20.8||22.9||15.1||15.1||18.2||22.2||19.9||15.4|
|Net Profit Mgn % ⓘ||3.1||6.1||7.3||10.2||12||8.4||8.6||12.7||15.6||14.2||10.9|
|Debt to Equity ⓘ||0.5||0.5||0.5||0.6||0.3||0.2||0||0||0.2||0.3||-|
|Working Cap Days ⓘ||159||139||141||133||152||156||133||137||137||119||0|
|Cash Conv. Cycle ⓘ||52||35||38||50||65||73||72||72||57||56||0|
Net Profit is growing at healthy rate in last 3 years 26.15%
Sales growth is good in last 4 quarters at 24.81%
Return on Equity has declined versus last 3 years average to 14.30%
Sales growth has been subdued in last 3 years 6.65%
|TTM EPS (₹)||45||55.9|
|TTM Sales (₹ Cr.)||1,809||1,706|
|BVPS (₹.) ⓘ||318.7||313.3|
|Reserves (₹ Cr.) ⓘ||1,369||1,346|
|From the Market|
|52 Week Low / High (₹)||263.70 / 408.00|
|All Time Low / High (₹)||1.57 / 525.00|
|Market Cap (₹ Cr.)||1,425|
|Equity (₹ Cr.)||21.8|
|Face Value (₹)||5|
|Industry PE ⓘ||7|
Kalyani Steels (KSL), incorporated in 1973 is a part of the over $2.1 billion Kalyani Group. KSLâ€™s corporate headquarters are located in Pune.
It is leading manufacturer of forging and engineering quality carbon and alloy steels using the Blast Furnace route. KSL is supplier for engineering, automotive, seamless tube and primary aluminium industry.
Over the years, Kalyani Steels has been continuously upgrading its technology and infrastructure. The facilities at KSL are at par with any sophisticated steel manufacturers in the world.In 1997, the Kalyani Group set up a new plant to manufacture steel using the less power intensive mini-blast furnace route. The new facility is at Ginigera in the Hospet-Bellary region of Karnataka state, where iron ore is abundantly available. This integrated steel complex has capacity of 400,000 tpa of carbon and alloy steels, which is being expanded to 650,000 tpa.
Although the forging industry in India is the primary market for the companyâ€™s products, markets of various components for commercial vehicles, two wheelers, diesel engines, bearings, tractors, turbines and rail also form a substantial part of the companyâ€™s clientele.
The company has national and international clients like Alcan Iceland, Caterpillar Inc, Ford, Volvo, Ashok Leyland, Jindal Saw, Automobile Axles, Indian Railway and Tata Motors, among others.
KSL has earned the status of preferred steel supplier for engineering, automotive, seamless tube and primary aluminum industry.
Steels- KSL manufactures wide range of steel of different grades. It manufactures carbon alloy and special steel for automobile, oil engine manufacturing and forging sectors, seamless tubes and low electrical resistively steel for primary aluminium industry.
Pig iron- It manufactures pig iron catering to industries like steel making, casting and aluminium.
It is an ISO 9001-2000, ISO 14001 & TS 16949 :2002 certified company