Karnimata Cold Storage Ltd - Stock Valuation and Financial Performance

BSE: 537784 | NSE: | Logistics | Small Cap

Karnimata Cold Share Price

17.10 0.00 0.00%
as on 09-Feb'24 16:59

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Karnimata Cold Storage stock performance -

mw4me loader
P/E Ratio (SA):
18.71
Market Cap:
8.7 Cr.
52-wk low:
5.2
52-wk high:
20.1

Is Karnimata Cold Storage Ltd an attractive stock to invest in?

1. Is Karnimata Cold Storage Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Karnimata Cold Storage Ltd is a below average quality company.

2. Is Karnimata Cold Storage Ltd undervalued or overvalued?

The key valuation ratios of Karnimata Cold Storage Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Karnimata Cold Storage Ltd a good buy now?

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

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.
Karnimata Cold Storage 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 % 4.8%5.8%5%5.7%5.9%5.4%4.9%4.9%5.3%4.9%-
Value Creation
Index
-0.7-0.6-0.6-0.6-0.6-0.6-0.7-0.7-0.6-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 45.44.34.64.754.74.24.14.55
Sales YoY Gr.-36.9%-21.6%9.2%1.5%5.3%-4.6%-11.6%-1.9%10%-
Adj EPS -0-00.10.20.40.100.30.70.70.9
YoY Gr.-NANA41.7%152.9%-74.4%-90.9%2700%164.3%-10.8%-
BVPS (₹) 12.612.713.113.41413.914.114.515.516.416.4
Adj Net
Profit
000.10.10.20.100.10.40.30
Cash Flow from Ops. 00.113.80.15.1-0.61.51-0.2-
Debt/CF from Ops. 890.4119.513.82.8206.42-16.65.39.6-40.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 1.5%-0.9%-1.6%10%
Adj EPS NA9%304.1%-10.8%
BVPS3%3.2%5.3%5.9%
Share Price -2.6% 18.9% 36.3% 185%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-0.3-0.20.91.33.10.80.124.94.15.5
Op. Profit
Mgn %
35.133.334.836.532.533.330.5343136.830.6
Net Profit
Mgn %
-0.4-0.21.41.94.61.10.13.49.27.510.3
Debt to
Equity
1.8221.51.61.51.41.11.31.10.9
Working Cap
Days
428429652547528508524603589646207
Cash Conv.
Cycle
69334541404556595752-8

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 5.50%

Net Profit is growing at healthy rate in last 3 years 304.12%

Sales growth is good in last 4 quarters at 31.47%

Sales growth has been subdued in last 3 years -1.58%

Debt to equity has increased versus last 3 years average to 1.12

Latest Financials - Karnimata Cold Storage Ltd.

Standalone Consolidated
TTM EPS (₹) 0.9 -
TTM Sales (₹ Cr.) 4.5 -
BVPS (₹.) 16.4 -
Reserves (₹ Cr.) 3 -
P/BV 1.04 -
PE 18.71 -
From the Market
52 Week Low / High (₹) 5.15 / 20.12
All Time Low / High (₹) 5.15 / 30.00
Market Cap (₹ Cr.) 8.7
Equity (₹ Cr.) 5.1
Face Value (₹) 10
Industry PE 33.5

Management X-Ray of Karnimata Cold:

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 Karnimata Cold

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
Sales3.965.424.254.644.714.964.734.184.104.51
Operating Expenses 2.573.622.782.943.183.313.292.762.832.85
Manufacturing Costs0.951.491.891.842.101.991.921.451.551.45
Material Costs1.091.3900000000
Employee Cost 0.170.260.450.460.550.520.530.650.640.69
Other Costs 0.360.480.440.640.530.810.830.660.640.71
Operating Profit 1.391.801.481.691.531.651.441.421.271.66
Operating Profit Margin (%) 35.1%33.3%34.8%36.5%32.5%33.3%30.5%34.0%31.0%36.8%
Other Income 0.190.260.360.300.450.260.360.270.460.27
Interest 1.081.561.321.391.201.301.190.930.720.75
Depreciation 0.440.440.450.460.460.460.460.460.470.48
Exceptional Items 000.020000000
Profit Before Tax 0.070.060.090.140.330.160.150.300.540.70
Tax 000000.040.040.080.030.23
Profit After Tax 0.070.060.080.140.330.120.110.220.510.46
PAT Margin (%) 1.7%1.2%1.9%3.1%7.0%2.3%2.2%5.3%12.5%10.3%
Adjusted EPS (₹)0.10.10.20.30.70.20.20.41.00.9
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 6.396.466.666.817.147.057.167.377.898.35
Share Capital 5.085.085.085.085.085.085.085.085.085.08
Reserves 1.311.371.581.722.051.962.072.292.803.27
Minority Interest0000000000
Debt10.3812.9813.1510.4111.498.949.277.829.999.32
Long Term Debt77.106.054.893.931.400.8001.511.50
Short Term Debt3.385.887.095.527.567.558.487.828.487.82
Trade Payables0000000000
Others Liabilities 1.250.840.890.550.712.3520.720.580.83
Total Liabilities 18.0320.2820.7017.7619.3418.3418.4315.9118.4618.50

Fixed Assets

Gross Block13.1013.1013.2613.2713.2813.2813.2813.2813.4913.65
Accumulated Depreciation0.881.321.752.212.673.123.584.044.514.99
Net Fixed Assets12.2211.7811.5211.0710.6110.159.699.248.988.65
CWIP 0000000000
Investments 00.500.110.110.1100.250.2500
Inventories0.100.070.130.020.070.020.010.050.020.02
Trade Receivables0.390.410.420.460.500.640.800.480.720.53
Cash Equivalents 0.210.861.030.740.842.130.970.132.540.83
Others Assets5.126.657.505.377.215.406.705.766.208.47
Total Assets 18.0320.2820.7017.7619.3418.3418.4315.9118.4618.50

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.010.110.963.750.065.08-0.601.481.04-0.23
PBT 0.070.060.090.140.330.160.150.300.540.70
Adjustment 1.461.921.691.751.601.701.591.331.091.10
Changes in Working Capital -1.5-1.86-0.791.87-1.913.26-2.32-0.14-0.49-1.91
Tax Paid -0.01-0.02-0.03-0.010.03-0.04-0.02-0.01-0.09-0.12
Cash Flow From Investing Activity -4.06-0.480.230.060.160.050.310.05-0.14-0.10
Capex -3.780-0.20-0.010000-0.21-0.16
Net Investments 0-0.500.4000.1100000
Others -0.270.020.030.070.050.050.310.050.070.06
Cash Flow From Financing Activity 3.310.24-1.02-4.10-0.11-3.85-0.86-2.371.51-1.39
Net Proceeds from Shares 2.69000000000
Net Proceeds from Borrowing 00000-2.54-0.60-0.801.54-0.04
Interest Paid -1.07-1.56-1.31-1.37-1.20-1.30-1.19-0.93-0.68-0.69
Dividend Paid 0000000000
Others 1.691.790.29-2.741.08-0.010.93-0.650.66-0.66
Net Cash Flow -0.74-0.130.17-0.290.101.29-1.16-0.842.41-1.72
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)1.320.981.262.144.731.641.53.026.725.72
ROCE (%)7.478.767.158.258.58.17.787.67.648.14
Asset Turnover Ratio0.250.280.210.240.250.260.260.240.240.24
PAT to CFO Conversion(x)0.141.831226.790.1842.33-5.456.732.04-0.5
Working Capital Days
Receivable Days32273634374255565350
Inventory Days37696331332
Payable Days0000000000

Karnimata Cold Storage Ltd Stock News

Karnimata Cold Storage Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Karnimata Cold on 09-Feb-2024 16:59 is ₹17.10.
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 09-Feb-2024 16:59 the market cap of Karnimata Cold stood at ₹8.69.
The latest P/E ratio of Karnimata Cold as of 09-Feb-2024 16:59 is 18.71.
The latest P/B ratio of Karnimata Cold as of 09-Feb-2024 16:59 is 1.04.
The 52-week high of Karnimata Cold is ₹20.12 and the 52-week low is ₹5.15.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Karnimata Cold is ₹4.51 ( Cr.) .

About Karnimata Cold Storage Ltd

Karnimata Cold Storage was incorporated as “Karnimata Cold Storage Private Ltd” on April 29, 2011 under the Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, West Bengal. The company is engaged in the business of cold storage and trading of agricultural commodities currently specializing in potatoes. The company has set up and made operational its first cold storage unit in Medinipur District, West Bengal having an installed capacity of 1,81,000 quintals for preservation of potatoes. This first project has been set up on a 6.27 acre plot (free hold land) in order to cater to the localised demands of different growers and traders at Village -Chekuasole, P.O- Jogerdanga, P.S- Goaltore, Dist- Paschim Medinipur, West Bengal. 

The need for setting up and construction of cold storage facilities is highly required for the preservation of potatoes which is a cash crop and the same shall be equally beneficial to both producers and consumers and shall there by strengthen the rural economy of perishable commodities. The company’s project envisages perfect backward and forward linkage of marketing activities as an essential pre-condition. Further it has become a practice to accommodate necessary finance to hirers of the cold storage against their stocks stored in the cold storage in order to keep the price or potato steady and allow the support price to the growers of potato. Providing this seasonal finance is an important factor in the growth of the company’s business.

Business area of the company

The company was formed to carry on the business in India and elsewhere to construct, build, establish, run, erect, promote, undertake, acquire, lease, sale, purchase, own, operate, manage, renovate, recondition, maintain, keep and to run Potato cold storage, multipurpose cold storage, storage chambers, ice chambers, go-downs, warehouse, refrigeration houses and freezing houses for storing, warehousing, keeping, preserving of Potatoes all kinds of fruits and vegetables, including onion, milk, milk products, sweets, processed food, protein food, food products, bakery products, bacons, soft drinks, medicines, chemicals, cereals, gur, roots or other substances, made from all or any of them whether kept loose, packed, tinned, canned or in any other form whatsoever and to act as a buyer, seller, financer, auctioneer, stockists, distributor, importer, exporter or otherwise to deal in all sorts of commodities, vegetables, fruits, edibles and similar good, to establish and to run a food processing unit.

Major Event

  • 2011: Incorporation of its company
  • 2011: Execution of term loan of Rs 6 crore
  • 2012: Completion of the construction of Cold Storage having storage capacity of 1,81,000 quintals of potatoes
  • 2012: Conversion of Private Limited to Public Limited and subsequent changes in MOA & AOA
  • 2013: Change of Registered Office
  • 2013: Commencement of Construction of additional capacity for storage of 75,000 quintals of potatoes
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