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Kaira Can Company Ltd. Stock Analysis

Small Cap
Evaluated by 124 users | BSE: 504840 | NSE: |
Diversified
Kaira Can Company was incorporated on March 1, 1962 at Mumbai as a private company and was converted to public company on April 27, 1967.Kaira Can Company is one of the leading manufacturers of metal containers. The company manufactures a wide range of OTS and General Purpose Cans for packing...

Analysis of Financial Track Record

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.
Value Creation
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 9.1%10.96%12.88%14.81%9.61%9.32%4.73%5.25%8.28%6.94%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 99.1111109116121146125131145144
Y-o-Y Gr. Rt.-11.8%-1.6%6.6%4.4%20.1%-14.1%4.7%10.4%-0.5%
Adjusted EPS (Rs.) 19.8320.1726.9856.6144.739.8114.1929.3851.1945.61
Y-o-Y Gr. Rt.-1.7%33.8%109.8%-21%-10.9%-64.4%107.1%74.2%-10.9%
Book Value per Share (Rs.) 188.24203.49232.57439.74492.84526.41537.52569.29616.09644.23
Adjusted Net Profit 1.81.92.55.24.13.71.32.74.74.2
Net Op. Cash Flow (Rs. Cr.) 1.210.15.4-1.97.98.70.111.310.54.4
Debt to Cash Flow from Ops 9.150.892.4-10.042.492242.40.911.142.27
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Kaira Can Company Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 4.2%3.5%4.8%-0.5%
Adjusted EPS 9.7%0.4%47.6%-10.9%
Book Value per Share 14.75.56.24.6
Share Price 16.9% 5.8% -3.1% 30.4%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 11.8210.312.3716.849.597.812.675.318.647.24
Operating Profit Margin (%) 3.865.525.747.487.778.926.676.898.317.91
Net Profit Margin (%) 1.851.682.284.53.42.521.052.073.262.92
Debt to Equity 0.610.480.60.480.430.360.420.20.210.17
Working Capital Days 139126119117128122145142142159
Cash Conversion Cycle 42312731302136413557
Entity Percentage Holding
Promoters 45.92%
Non-Institutions 54.08%
Pledged *17.8617.8622.5222.5222.5222.5222.5222.5222.5222.52
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Kaira Can Co's performance infers:

Kaira Can Co earnings have grown by 0.4%, whereas share price has appreciated 5.8% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Kaira Can Co share prices over the last 10 years. Here is what we found out:

Kaira Can Co share price has appreciated 12.2% annually over the past ten years.

Kaira Can Company was incorporated on March 1, 1962 at Mumbai as a private company and was converted to public company on April 27, 1967.

Kaira Can Company is one of the leading manufacturers of metal containers. The company manufactures a wide range of OTS and General Purpose Cans for packing Processed Foods, Ready-to-eat Foods, Canned Vegetables, Fruit Pulps, Juices, Pickles, Dairy Products, etc and Aerosol cans for Deodorants, Room Fresheners, Pesticides, etc.   

At

Kaira Can Company was incorporated on March 1, 1962 at Mumbai as a private company and was converted to public company on April 27, 1967.

Kaira Can Company is one of the leading manufacturers of metal containers. The company manufactures a wide range of OTS and General Purpose Cans for packing Processed Foods, Ready-to-eat Foods, Canned Vegetables, Fruit Pulps, Juices, Pickles, Dairy Products, etc and Aerosol cans for Deodorants, Room Fresheners, Pesticides, etc.   

At Kaira Can, with the expertise built over four decades of experience, they offer innovative packaging solutions to preserve the goodness of nature’s produce and bring about customer’s satisfaction. Over the years, Kaira Can has built a reputation for its technological capabilities, state-of-the-art facilities, quality, delivery and service.        

The plants are fully equipped with Automatic Can Manufacturing Lines, having a production capacity of 100 million cans per annum, to produce cans in diameters ranging from 52mm to 178mm. The wide experience and use of the most sophisticated technology as well as adherence to quality standards, enables Kaira Can to offer a quick and quality response to changing market demands and customers’ specifications. Kaira Can today stands out as the most preferred supplier of cans for export of foods and other products. 

The company produces high quality Components and Cans for exports. It follows the international standard and specifications. The company also exports flattened and built up cans in the diameter 202 to 700. Currently exporting large volumes of components in diameter ranging from 202 to 709 to various countries which includes Ring Lid Tagger Assembly and Ends. 

Product range of the company includes:

Tinplate Cans  -The company follows International quality standards for manufacture of following types of cans.  

  • Open Top Sanitary 
  • General Purpose Cans 
  • Aerosol Cans

Amul Milk Distribution  -Kaira Can Company Limited processes and packs Amul Milk in Mumbai. Amul Milk is among the best brands available in Mumbai milk markets, distributed in three varieties :  

  • Amul Taaza 
  • Amul Gold
  • Amul Shakti  

Sugar Cones for Ice-Cream- Rolled sugar cones are made on fully automatic lines imported from world renowned manufacturers. These cones are crisp and sweet in taste and will not get soggy. The ingredients of the cones can be modified to suit the required taste. Cones will be placed in the shelves automatically on line so that the breakage and hygiene are maintained. Proper hygiene, cleanliness and due care is taken to maintain the highest quality standard.  

Straight rim and heart shaped rim for industrial Ice Cream filling and natural rim for Ice Cream Parlours.

Achievements/ recognition

  • 2003  - Best Can-Food by Tinplate Promotion Council
  • 2003  - Largest Exporter by Tinplate Promotion Council
  • 2004  - Gift Can by India Star (IIP)
  • 2004  - Food Can by India Star (IIP)
  • 2005  - Highest Exports (Ptd sheets) by Cannovation
  • 2005  -  Highest Exports (compnents) by Cannovation
  • 2005 -  Printed Food Can by Cannovation
  • 2005  - Food Can by Asia Star
  • 2006  - Food Can by India Star (IIP)
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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