Kamdhenu Ltd - Stock Valuation and Financial Performance

BSE: 532741 | NSE: KAMDHENU | Steel & Iron Products | Small Cap

Kamdhenu Share Price

520.70 7.20 1.40%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Kamdhenu

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Kamdhenu stock performance -

mw4me loader
P/E Ratio (SA):
31.53
Market Cap:
1,391.8 Cr.
52-wk low:
262.7
52-wk high:
670

Is Kamdhenu Ltd an attractive stock to invest in?

1. Is Kamdhenu Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Kamdhenu Ltd is a average quality company.

2. Is Kamdhenu Ltd undervalued or overvalued?

The key valuation ratios of Kamdhenu Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Kamdhenu Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Kamdhenu 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 Kamdhenu:

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.
Kamdhenu Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 8.4%9.1%8.9%8.2%10.8%12.2%10.2%10.1%13.6%17.7%-
Value Creation
Index
-0.4-0.4-0.4-0.4-0.2-0.1-0.3-0.30.00.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 9229688418251,1801,232924625600732716
Sales YoY Gr.-5%-13.1%-1.9%43%4.5%-25%-32.3%-4.1%22.1%-
Adj EPS 2.73.43.43.56.68.57.77.414.215.216.4
YoY Gr.-26.9%0%0.3%92.5%27.9%-8.8%-4.4%92%6.9%-
BVPS (₹) 40.242.545.249.154.767.367.672.383.361.972.8
Adj Net
Profit
6.38.18.18.115.522.420.619.938.340.944
Cash Flow from Ops. 7.65.411.717.820.724.8-2.550.243.366.8-
Debt/CF from Ops. 11.418.59.264.23.6-46.71.920-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -2.5%-9.1%-7.5%22.1%
Adj EPS 21.1%18%25.2%6.9%
BVPS4.9%2.5%-2.9%-25.7%
Share Price 37.4% 25.7% 57.2% 74.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
78.37.87.31213.811.410.618.320.924.3
Op. Profit
Mgn %
2.83.13.843.74.4589.18.28.2
Net Profit
Mgn %
0.70.8111.31.82.23.26.45.66.2
Debt to
Equity
0.9110.90.70.50.70.50.40-
Working Cap
Days
757794102838612418219811538
Cash Conv.
Cycle
42466060424358751006228

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 24.30%

Net Profit is growing at healthy rate in last 3 years 25.20%

Sales growth has been subdued in last 3 years -7.46%

Sales growth is not so good in last 4 quarters at -4.81%

Latest Financials - Kamdhenu Ltd.

Standalone Consolidated
TTM EPS (₹) 16.4 9.8
TTM Sales (₹ Cr.) 716 841
BVPS (₹.) 72.8 0
Reserves (₹ Cr.) 169 191
P/BV 7.10 0.00
PE 31.53 52.89
From the Market
52 Week Low / High (₹) 262.70 / 670.00
All Time Low / High (₹) 9.13 / 670.00
Market Cap (₹ Cr.) 1,392
Equity (₹ Cr.) 26.9
Face Value (₹) 10
Industry PE 25.1

Management X-Ray of Kamdhenu:

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

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Kamdhenu

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
Sales9229688418251,1801,232924625600732
Operating Expenses 8969388097921,1361,179879575545672
Manufacturing Costs47485154616452473849
Material Costs772801644616948948698416445550
Employee Cost 20232934404750483742
Other Costs 576686878711979642431
Operating Profit 25303233445445505560
Operating Profit Margin (%) 2.7%3.1%3.8%4.0%3.7%4.4%4.8%8.0%9.1%8.2%
Other Income 0001101332
Interest 121315141312121442
Depreciation 5558878955
Exceptional Items 000000-25-1000
Profit Before Tax 912121224350214955
Tax 3444912-261014
Profit After Tax 688816222153941
PAT Margin (%) 0.6%0.8%1.0%1.0%1.3%1.8%0.2%2.4%6.6%5.6%
Adjusted EPS (₹)2.53.43.53.56.78.50.75.614.715.2
Dividend Payout Ratio (%)0%20%20%23%15%12%71%14%7%10%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 94100106115128178179195224167
Share Capital 23232323232627272727
Reserves 71768292105151153168197140
Minority Interest0000000000
Debt8597106105878811887810
Long Term Debt12101002130
Short Term Debt8495105105868711785690
Trade Payables60575585106110122999019
Others Liabilities 30292938543945506423
Total Liabilities 269283296344375415464431460209

Fixed Assets

Gross Block727478919311411012213270
Accumulated Depreciation22263111182424313822
Net Fixed Assets49484780749086919447
CWIP 0000011110
Investments 433333691614
Inventories55657162675878677715
Trade Receivables12813414416018622321220019882
Cash Equivalents 91010101011541612
Others Assets23232130353075605738
Total Assets 269283296344375415464431460209

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 8512182125-3504367
PBT 912121224350213655
Adjustment 1719202322252433288
Changes in Working Capital -16-19-16-11-17-23-253-1019
Tax Paid -2-6-5-5-9-13-2-6-10-15
Cash Flow From Investing Activity -6-3-4-2-2-26-19-10-13-4
Capex -5-4-4-2-3-26-14-10-12-5
Net Investments -110000-50-21
Others 0000000010
Cash Flow From Financing Activity -2-1-8-17-18215-41-20-55
Net Proceeds from Shares 00001501000
Net Proceeds from Borrowing -40-1-1-19130-2510-1
Interest Paid -11-13-14-13-12-11-11-13-9-1
Dividend Paid 00-2-2-2-3-3-1-2-3
Others 1412100015-2-2-19-49
Net Cash Flow 010-101-70108
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)6.548.37.947.3512.914.71.058.0718.8220.98
ROCE (%)12.1213.2413.1811.7816.3818.654.1411.8817.6523.76
Asset Turnover Ratio3.713.663.062.713.33.212.271.551.362.22
PAT to CFO Conversion(x)1.330.631.52.251.311.14-1.53.331.11.63
Working Capital Days
Receivable Days4747576453598010812069
Inventory Days20222828201825384423
Payable Days28273241374261977836

Kamdhenu Ltd Stock News

Kamdhenu Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Kamdhenu on 28-Mar-2024 16:01 is ₹520.7.
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 Kamdhenu stood at ₹1,391.8.
The latest P/E ratio of Kamdhenu as of 28-Mar-2024 16:01 is 31.53.
The latest P/B ratio of Kamdhenu as of 28-Mar-2024 16:01 is 7.10.
The 52-week high of Kamdhenu is ₹670.0 and the 52-week low is ₹262.7.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kamdhenu is ₹715.5 ( Cr.) .

About Kamdhenu Ltd

Kamdhenu Ispat Limited was incorporated on September 12, 1994 in Jaipur Rajasthan. The company obtained its certificate of Commencement of Business on December 29, 1994 issued by the Registrar of Companies Jaipur, Rajasthan.

Kamdhenu Ispat the largest manufacturer of international quality Steel Bars in India, is the first company to get the prestigious ISO 9001:2000 certifications. Kamdhenu, the brand name that reverbs of strength, durability and dependence has registered the utmost brand recall in the construction industry. Kamdhenu Ispat now manufactures reinforced steel bars- TMT, CTD & SS, under the same brand.

Kamdhenu Ispat uses the latest CRM Belgium technology to manufacture its string of products- CID bars, TMT bars, TMT-Gal bars and Stainless steel in a flattering time of 18 seconds against 52 seconds of others. The manufacturing plants are fully automated for hot rolling and fine twisting techniques and use proper quenching processes for TMT technology.

Every success story has a humble beginning, so was their. This story of hard work and success started in the year 1995 when a creative young individual started work in a production unit and instigated this expedition into India's steel sector with a single reinforcement steel bars manufacturing business at Bhiwadi in Rajasthan. The hard slog and uphill struggle soon, within the flashes of year brought the journey to a milestone with Kamdhenu Ispat , where the business took shape of a company of towering reputation, in the Indian Steel market.

What started as a single manufacturing unit has now twigged into above 40 taut manufacturing units across the country as leading steel manufacturers and the string seems to be getting longer.

Product range of the company includes:

  • TMT / HSD Bars
  • Structural Steel
  • Wirebond
  • Plywood
  • Homez
  • Paints
  • PVC Pipes
  • UPVC Windows
  • Kamdhenu Super Cement

Achievements/ recognition:

  • Kamdhenu Ispat limited was conferred on with the prestigious business sphere award for Corporate Excellence and other distinctive contribution to the business.
  • Udyog Patra
  • Udyog Ratna
  • Rajat Jyoti
  • Udyog Jyoti Patra
  • Mr. Sunil Agarwal Director Kamdhenu Ispat Ltd. Received BHARAT JYOTI AWARD for Excellent performance in Rajasthan. The award was given by Smt. Pritibha Patil Govt. of Rajasthan (Now Hon ‘able president of India).
  • Certified for international quality standards ISO 9001 in the year 2000, and also certified for meeting the specifications of Bureau of Indian standards 1786:1985, the company is highly conscious about maintaining the high quality of its products always.
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.